Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q2 FY2023 Earnings Presentation
35 slides from Csb Bank's earnings presentation, Oct 21, 2022
Slide 1: Exchange cover letter to BSE and NSE
SEC/378/2022 October 21, 2022 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400001. Bandra (E), Mumbai 400051. Scrip code: 542867 Symbol: CSBBANK Dear Sir/Madam, Press Release and Presentation to I
Slide 2: Press Release: Financial Results for Quarter and Half Year Ended September 30, 2022
PRESS RELEASE CSB Bank Limited Financial Results for the Quarter& Half Year Ended September 30, 2022 The Board of Directors of CSB Bank took on record the financial results for the quarter (Q2 FY 2023) and half year ended 30.09.2022 (H1 FY 2023) which were subject to limited review in their meeting
Slide 3: Performance Highlights and CEO Speak
i) Total Deposits grew by 10.13% YoY and CASA ratio stood at 34.27% as on 30.09.2022as against 32.58% as on30.09.2021 j) Advances (Net) grew by 24.15% YoY to Rs 17468.33 Cr as on 30.09.2022 Performance Highlights: QoQ Inc/ Inc/ (Rs Crore) Q2 FY23 Q2 FY22 Q1 FY23 % 6M FY 23 6M FY 22 Dec% Growth Dec%
Slide 4: About CSB Bank Limited
About CSB Bank Limited: We are one of the oldest private sector banks in India with an existence of over 100 years. While our Bank has a long operating history as a traditional bank, we are currently focusing on implementing strategic changes in business model to function efficiently like a full ser
Slide 5: CSB Bank Q2-FY23 September 2022
CSB Bank INVESTOR PRESENTATION
Slide 6: Company Overview and Key Information
Company Business Digital Earnings Strategy Overview Overview Penetration Key Information • A century young Total provisions down Well Capitalised by Rs 167Cr (53%) YoY Organisation Growth Asset Improved Cost and Momentum & Strong (12M Period) Quality • 608 Branches & 507 Profitability Revenue Liquid
Slide 7: Operating Profit and Net Profit
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Amt in Cr Operating Profit QoQ Net Profit QoQ 157 148 155 131 119 115 121 149 148 142 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Operating Profit YoY Net Profit YoY 324
Slide 8: NPA Provision: Prudential Provisioning Policy
Company Business Digital Earnings Strategy Overview Overview Penetration Prudential Provisioning Policy Asset Classification RBI Norms Our Norms Secured 15% 25% Sub Standard Assets Amount (in Unsecured 25% 50% Prudential Provisions Cr) NPA Provision 97 Doubtful Assets Secured 25% 50% (Up to one year
Slide 9: Branch Distribution, CASA and Gold Loans
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans % distribution 9% 4% 6% State Sep-21 Sep-22 9% 16% 5% KERALA 49% 43% TAMIL NADU 17% 19% 16% MAHARASHTRA 10% 10% Q2 Q2 ANDHRA 6% 9% FY FY 1(1) 4(3) 1(1) KARNATAKA 7% 7% 23 23 OTHERS 11% 12% 36
Slide 10: Share Holding Pattern
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holding Pattern No of Shares % of Share Holding Category No of Shareholders % of Holding Held(in Mio) FIHM - promoter & Promoter Group 1 86.26 49.72% FIHM - promoter & Promoter SBI Mutual Fund 1 9.34 5.39% 31.74% Group Ot
Slide 11: Solid CRAR & Adequate Liquidity
Company Business Digital Earnings Strategy Overview Overview Penetration Solid CRAR & Adequate Liquidity – Our Strength Amt in Cr Capital Adequacy Ratio RWA to Total Assets 25.90% 25.46% 25.14% 20.12% 20.74% 44.75% 42.89% 18.76% 19.38% 24.35% 23.97% 23.63% 40.52% 40.74% 39.31% Q2 FY22 Q3 FY22 Q4 FY2
Slide 12: Total Deposits, CASA Ratio and Gross Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Total Deposits (Amt in Cr) CASA Ratio Total Gross Advances (Amt in Cr) 35.14% 22% 34.57% 34.27% 10% 33.66% 18372 20987 32.58% 17066 20267 16742 19055 19056 20188 15610 15097 13794 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 13393 1
Slide 13: Cost of Deposits and Yield on Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Cost of Deposits (QoQ) Cost of Deposits (YoY) 5.29% 5.26% 5.29% 6.76% 6.88% 6.50% 5.41% 5.12% 5.18% 4.30% 5.07% Term Deposits 4.24% 4.18% 5.86% 5.91% 5.32% 4.21% 4.10% Total Deposits 4.39% 4.14% 2.79% 2.71% Savings Accounts 3.9
Slide 14: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q2 FY 22 Q2 FY 23 2.8% 3.1% 1.4% 5460 Gold Loans 8036 47.2% 4.9% 1.7% 1.5% 6.2% 5.6% 1.2% 2326 SME Loans 2299 1.2% 1.0% 7.4% 36.2% 3983 Corporate Loans 4278 7.4% 5.8% 1112 Retail Loans 1068 4.0% 43.7% 17
Slide 15: Gold Loan – Our DNA
Company Business Digital Earnings Strategy Overview Overview Penetration Gold Loan – Our DNA (Amt in Cr) Portfolio Movements Portfolio Quality Tonnage 21.40 34% 47% YoY 13% QoQ 16.00 Yield LTV 8036 7107 6570 6131 11.27% 81% 5644 5627 5826 5460 Q2 FY22 Q2 FY23 4949 No of Accounts (in Lakhs) 6.41 38%
Slide 16: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) 6965 7142 7231 5966 5877 HTM 73.10% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 AFS 26.48% HFT 0.42% Yield on Investments 6.04% QoQ YoY 6.01% 5.79% 6.65% 5.72% 6.52% 6.37% 6.24% 5.54% 5.93% M Duration HFT AF
Slide 17: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Industries % to Gross advances Sector Wise Exposure Textiles 4.67% Construction 3.79% 15% Infrastructure 3.62% Food Processing 3.09% Services % to Gross advances 31% Chemicals and Chemical Products (Dyes, N
Slide 18: Rating wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Rating wise Exposure External Rating of Corporate Accounts (>Rs 25Cr) Internal Rating of SME accounts 0%3% 8% 9% 1% 4% 8%0% 11% 2% 99% of Corporate advances 33% 88% of SME advances are 19% are externally rated of 35% rated as L
Slide 19: Profit & Loss Account - Q2 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q2 FY 23 Amt in Cr Q1 FY23 Q2 FY23 QoQ Q2 FY22 YoY Q1 FY23 Q2 FY23 QoQ Q2 FY22 YoY Interest Income 535.9 555.2 4% 495.9 12% Operating Profit 154.7 157.4 2% 149.4 5% Interest Expense 225.2 230.2 2% 217.5
Slide 20: Profit & Loss Account - H1 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - H1 FY 23 Amt in Cr H1 FY22 H1 FY23 YoY YoY% H1 FY22 H1 FY23 YoY YoY% Interest Income 991.1 1091.1 100.0 10% Operating Profit 324.1 312.1 -12.0 -4% Interest Expense 445.0 455.5 10.5 2% Provision for NPA 7
Slide 21: Balance Sheet – Q2 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – Q2 FY 23 Amt in Cr 30-09-2021 30-09-2022 YoY (%) 30-06-2022 QoQ (%) Liabilities Capital 173.5 173.5 0% 173.5 0% Reserves & Surplus 2189.9 2715.2 24% 2,593.2 5% Deposits 19055.5 20986.6 10% 20,266.8 4% Of Which C
Slide 22: Asset Quality
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Restructured (Standard) 0.66% 0.71% Gross NPA: Movement Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 0.53% 0.50% 0.41% (3 months) (3 months) (3 months) (3 months) (3 months) 106 94 85 82 Opening
Slide 23: Profitability Ratios: NII and NIM
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Net Interest Income (in Cr) NIM Non interest Income to Total Income QoQ QoQ 5.60% QoQ 325 304 311 5.41% 5.42% 10.76% 10.91% 303 9.00% 9.28% 5.22% 7.49% 278 5.17% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 F
Slide 24: Profitability Ratios: Opex, Credit Cost, RoA
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Opex to Average assets Credit Cost RoA QoQ QoQ QoQ 2.42% 3.63% -0.03% 2.02% 2.11% 1.75% 1.87% 3.39% 3.32% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 3.24% 3.21% -1.00% -0.21% -0.54% -1.44% Q2 FY22 Q3 FY22 Q4 F
Slide 25: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr QoQ 4.11% QoQ 2.63% 1.36% 0.68% 0.60% 0.57% 2.62% 1.81% 1.79% 1.65% 370 587 389 200 290 293 291 107 97 99 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 4.32% 8.26
Slide 26: Asset Quality Ratios: Slippage and Provision Coverage
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr Slippage Ratio Provision Coverage Ratio QoQ QoQ 6.15% 82.95% 89.65% 90.51% 90.14% 73.48% 2.37% 1.05% 0.94% 1.04% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Rec
Slide 27: Share Holders Return & Risk Ratios: EPS
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holders Return & Risk Ratios EPS (in Rs) Net NPA to Networth QoQ 38.08 QoQ 30.13 27.32 26.80 27.80 17.41% 8.77% 4.43% 3.48% 3.72% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 YoY YoY 84.
Slide 28: Share Holders Return & Risk Ratios: RoE, Book Value
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holders Return & Risk Ratios RoE Book Value per Share (in Rs) QoQ QoQ 26.85% 151 158 22.94% 22.21% 137 144 18.57% 18.44% 127 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 YoY 158 14.48% 1
Slide 29: Efficiency Ratios: Business and Profit per Employee
Company Business Digital Earnings Strategy Overview Overview Penetration Efficiency Ratios Business per Employee (In Cr) Profit per Employee (in Lakhs) QoQ 7.92 7.82 QoQ 12.24 11.13 7.38 9.74 9.59 9.04 7.16 7.01 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 YoY 8.82
Slide 30: Efficiency Ratios: Cost to Income
Company Business Digital Earnings Strategy Overview Overview Penetration Efficiency Ratios Staff Cost to Total Income Cost to Income Ratio QoQ 24.57% QoQ 61.34% 58.49% 57.67% 57.46% 21.45% 21.06% 21.50% 20.69% 55.83% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 32.
Slide 31: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 4.07 lacs+ Net 507 ATM 1,468 Installations 6.72 lacs + Debit Cards Banking users Network 5,332+ QR 87,532+ ePassbook 78,660+Prepaid 1.34 lac+ UPI Installations Downloads Cards Downloads 3.91 lacs+ Mobile Ba
Slide 32: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 404.36 H1 FY22 H1 FY23 334.20 (In lakh) (In lakh) Mobile Banking 5.89 9.07 Internet Banking 7.91 8.58 216.00 162.03 Debit Cards 40.19 52.51 UPI 162.03 334.20 52.51 44.13 48.91
Slide 33: SBS 2030
Company Business Digital Earnings Strategy Overview Overview Penetration SBS 2030 CSB Bank Investor Presentation Q2 FY23
Slide 34: Thank You
Thank You… CSB Bank Investor Presentation Q1 FY23
Slide 35: Disclaimer
Disclaimer This presentation has been prepared by CSB Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Bank. No informa