Thread by @BullsforBears

@HDFC_Bank #hdfc
#Q3marketupdates
Good show
Standalone profit 8758 cr vs 7416 yoy

NIM up 15.1% 16317 crs vs 14172 yoy

Loan book increased 16% YoY to 10.82 lakh crs & deposits by 19% YoY to 12.71 lakh crs at the end of Dec 20

CASA Dec 20 43% vs 39.5% Dec 19 & 41.6% Sep20

Provisions 3414 cr vs 3703 qoq vs 3043 crs yoy
Gross NPA 8825 crs (0.81 vs 1.08) vs 11305 qoq, down 21.9 % ,down 189 bps
Net NPA 1016 vs 1756 ( 0.09 vs 0.17% ) down 42% qoq ,down 8 bps
Restructuring under Covid 0.5% of advances
5485 vs 5203 branches yoy
15541 vs 14533 ATMs

CAR at 18.9% against regulatory requirement of 11.075%
Total credit cost ratio 1.25% vs 1.41% Q2fy20 vs 1.29% Q3fy20
Balance sheet size 1654226 cr vs 1395336 Q3fy20

Provisions & contingencies Dec 20, 3414 crs ( specific loan loss provisions 691 crs & general,other provisions 2722.9 )
vs 3043 Dec 19 ( specific loan loss pvs 2883 crs & general,other provisions 159.9 )
Total prvs for Q3 include contingent prvs of 2400 crs for proforma NPA

Restructuring under RBI resolution framework for Covid approx 0.5% of advances
If bank had classified borrower accounts as NPA after Aug 20
GNPA 1.38% Dec 20 vs 1.37% Sep 20 vs 1.42% Dec 19
Net NPA ratio would have been 0.4%

@HDFC_Bank
Q3 FY 21 performance in short

NII up 15.1% yoy
16317 vs 14172 crs

Operating profit up 17.3% yoy
15186 vs 12945

Net profit up 18.1%
8758 vs 7416 cr

Total deposits up 19.1%
1271124 vs 1067433 cr

Total advances up 15.6%
1082324 vs 936030

#Q3marketupdates

Balance sheet size up 18.6%
1654228 vs 1395336 crs

Core NIM 4.2%
CAR 18.9%
Gross NPA 0.81%
CASA 43%
Total branches 5485

Loan mix
Wholesale 52%
Retail 48%

Branch mix %
Metro & urban 50
Semi urban & rural 50

#StockMarket
#nifty
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