Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q2 FY2021 Earnings Presentation
35 slides from Csb Bank's earnings presentation, Oct 19, 2020
Slide 1: Press Release and Presentation to Investors/Analysts – Unaudited Results
B&S/201/2020 October 19, 2020 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: Q2FY21 Results – CSB Bank – Surging Ahead
PRESS RELEASE Q2FY21 Results – CSB Bank -Surging Ahead The Board of Directors of CSB Bank took on record the financial results for the quarter ended 30.09.2020 (Q2 FY 2021) which were subject to limited review in their meeting dated 19.10.2020 Highlights a) Bank’s half yearly Profit After Tax is at
Slide 3: Performance Highlights
g) Capital Adequacy Ratio improves from 18.93% as on 30.06.2020 to 19.69% as on 30.09.2020. Leverage ratio is at 7.52% as on 30.09.2020. h) Comfortable Liquidity Position. Liquidity Coverage Ratio at 234% which is well above the RBI requirement. i) Total Deposits grew by 13% YoY and 7% QoQ. CASA rat
Slide 4: CEO Speak
CEO Speak: Speaking about the performance Mr. C VR Rajendran, Managing Director & CEO said, “In this centenary year we are happy to announce a half yearly profit of over Rs 100 Cr. Now we are well entrenched on the growth track and have recorded a growth of over 10% in both deposit and advances. We
Slide 5: CSB Bank Investor Presentation Q2 FY21
CSB Bank Investor Presentation Q2 FY 21
Slide 6: Business Overview
Company Business Digital Earnings Strategy Overview Overview Penetration Key Information • Will be a century young Total provisions down Growth Well by November 2020 Improved Cost and Asset by Rs 167Cr (53%) YoY Capitalised & Profitability Revenue Momentum (12M Period) Quality • 421 Branches & 309 S
Slide 7: NPA Provision and Other Provisions
Company Business Digital Earnings Strategy Overview Overview Penetration Prudential Provisioning Policy Asset Classification RBI Norms Our Norms Secured 15% 25% Sub Standard Assets Unsecured 25% 50% NPA Provision Doubtful Assets Secured 25% 40% (Up to one year) Unsecured 100% 100% Secured (1st Year)
Slide 8: Operating Profit and Net Profit Trends
Company Business Digital Earnings Strategy Overview Overview Penetration Amt in Cr Operating Profit QoQ Net Profit QoQ 173 129 69 107 54 25 28 *27 63 70 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 -60 *Ex Tax effect Operating Profit YoY Net Profit YoY 302 122 104
Slide 9: Branch Distribution
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans 9% 13% State % distribution 4% KERALA 62% 10% TAMIL NADU 14% 10% MAHARASHTRA 9% 39% 1(1) Q2 7% Q2 3(2) KARNATAKA 4% OTHERS 11% FY 21 FY 21 15% 62% 2(2) 8(4) 4(4) 4(4) 32% 6(4) 1(1) 2(1) Total
Slide 10: Share Holding Pattern
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holding Pattern % of Share Holding Category No of Shareholders No of Shares Held(in Mio) % of Holding FIHM(Promoter) 1 86.26 49.73 Mutual Funds 4 10.66 6.15 36.29% Alternate Investment Funds 1 2.92 1.68 Foreign Portfolio
Slide 11: Solid CRAR & Adequate Liquidity – Our Strength
Company Business Digital Earnings Strategy Overview Overview Penetration Solid CRAR & Adequate Liquidity – Our Strength Amt in Cr Capital Adequacy Ratio RWA to Total Assets 22.77% 23.00% 22.46% 25.00% 19.69% 18.93% 47% 20.00% 25.00% 50% 42% 41% 42% 42% 22.11% 22.34% 21.79% 15.00% 40% 30% 10.00% 20.0
Slide 12: Total Deposits, Cost of Deposits and CASA Ratio
Company Business Digital Earnings Strategy Overview Overview Penetration Total Deposits (Amt in Cr) Cost of Deposits CASA Ratio Amt in Cr 29.17% 29.23% 29.39% 13% YoY 7% QoQ 6.89% 6.88% 6.91% 6.64% 28.56% 6.39% 28.19% 17468 16338 15510 15241 15791 5.91% 5.91% 5.86% 5.48% 12334 5.18% Q2 FY20 Q3 FY20
Slide 13: Total Gross Advances and Yields
Company Business Digital Earnings Strategy Overview Overview Penetration Total Gross Advances + Non SLR Bonds (Amt in Cr) Yield on Advances Yield on Non SLR Bonds Amt in Cr 10.86% 10.94% 19% YoY 11% QoQ 10.72% 10.74% 11.12% 14698 10.61% 12537 13291 10.33% 10.20% 10.22% 10.14% 12391 11863 1287 237 29
Slide 14: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q2 FY 20 Q2 FY 21 3367 Gold Loans 4949 47.0% 6.8% 2.7% 0.1% 2181 SME Loans 2198 7.2% 6.6% 0.7% 0.8% 0.4% 27.7% 326 MSME General Loans 266 18.4% 8.9% 11.1% 0 MSME New Loans 17 2.0% 36.9% 3214 Corporate Lo
Slide 15: Gold Loan – Our DNA
Company Business Digital Earnings Strategy Overview Overview Penetration Gold Loan – Our DNA (Amt in Cr) Tonnage Portfolio Movements Portfolio Quality 15.14 Weighted Yield 6% 47% YoY 30% QoQ 4,949 Overall LTV 14.35 3,799 3,849 3,367 3,513 12.53% 71% 3,004 Q1 FY21 Q2 FY21 No of Accounts (in Lakhs) 3.
Slide 16: Gold Loan – Acquisition Channels
Company Business Digital Earnings Strategy Overview Overview Penetration Gold Loan – Our DNA Gold Acquisition Channels Branch Sales Indirect Strategic Digital Team DST Team Team Team Team Alliances Strategic Alliances (BCs) Digital Business Aggregators Commenced Sign up Stage Pipeline Pipeline Comme
Slide 17: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Sector Wise Exposure Industries % to total advances Textiles 3.48% Retail & Infrastructure 3.10%Services % to total advances Food Processing 1.92%NBFCs 11.47% Others Services Construction 1.21%Wholesale & R
Slide 18: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) Total Investments (Excl RIDF) 7,800 6,820 5,461 4,397 4,664 HTM 53.30% AFS 46.58% HFT 0.13% Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Yield on Investments 6.74 6.64 6.52 6.33 6.28 M Duration HFT AFS HTM To
Slide 19: Profit & Loss Account – Q2 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q2 FY 21 Amt in Cr Q2FY20 Q1FY21 Q2FY21 YoY QoQ Q2FY20 Q1FY21 Q2FY21 YoY QoQ Operating Profit 63.5 129.1 172.8 172.3% 33.9% Interest Income 376.9 422.6 470.0 24.7% 11.2% Provision for NPA 19.9 13.8 20.8
Slide 20: Profit & Loss Account – H1 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - H1 FY 21 Amt in Cr H1 FY 20 H1 FY 21 YoY YoY% H1 FY 20 H1 FY 21 YoY YoY% Interest Income 732.3 892.6 160.3 21.9% Operating Profit 103.6 301.9 198.3 191.5% Interest Expense 452.8 478.1 25.3 5.6% Provision
Slide 21: Balance Sheet – Q2 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – Q2 FY 21 Amt in Cr 30.09.2019 30.09.2020 YoY (%) 30.06.2020 QoQ (%) Liabilities Capital 172.3 173.5 0.7% 173.5 0.0% Reserves & Surplus 1,795.9 1,909.0 6.3% 1,840.7 3.7% Deposits 15,509.8 17,468.4 12.6% 16,337.9
Slide 22: Asset Quality
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Q2 FY20 Q3FY20 Q4 FY20 Q1 FY21 Q2 FY21 Gross NPA: Movement (3 months) (3 months) (3 months (3 months) (3 months) Opening Balance of Gross NPA 513.4 326.2 352.6 409.4 401.0 Additions 60.7 52.
Slide 23: Profitability Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Net Interest Income (in Cr) NIM(Annualised) Non interest Income to Total Income 56% YoY 24% QoQ 4.50% 229 4.06% 18.2% 185 17.2% 147 155 158 3.87% 14.9% 3.69% 3.73% 12.6% 11.5% Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY2
Slide 24: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr 3.54% 3.51% 1.96% 1.98% 3.22% 1.91% 3.04% 1.74% 2.86% 1.30% 409 401 387 222 214 217 326 353 195 164 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Provision Covera
Slide 25: Share Holders Return & Risk Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holders Return & Risk Ratios EPS (Annualised) (in Rs) Net NPA to Networth 15.88 12.35 14.45% 6.52 13.36% 13.49% 6.96 11.60% *6.06 9.26% Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 -13.76 *Ex tax effect Q2 FY20 Q3 FY20 Q4 FY20
Slide 26: Efficiency Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Efficiency Ratios Business per Employee (Annualised) (In Cr) Profit per Employee (in Lakhs) 8.62 7.48 8.55 6.42 8.52 3.06 3.51 8.36 8.38 *3.30 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 -7.4
Slide 27: COVID – Status
Company Business Digital Earnings Strategy Overview Overview Penetration COVID 19 - Status Moratorium details as on 30.09.2020 Rs 2005 Cr Rs 691 Cr Rs 662 Cr Rs 652 Cr 15% 10% 15% 28% SME Retail Total WSB 72% Portfolio 85% 90% 85% Rs 1790 Cr Rs 3789 Cr Rs 5826 Cr Rs 11406 Cr • Moratorium availed as
Slide 28: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 2.7 lacs+ Net 309 ATM 1,778 Installations 5.59 lacs + Debit Cards Banking users Network 1,564+ QR 59,097+ ePassbook 78,310+Prepaid 1.22 lac+ UPI Installations Downloads Cards Downloads 2.33 lacs+ Mobile Ban
Slide 29: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 113 68 H1 FY 20 H1 FY 21 59 (In lakh) (In lakh) 79 Mobile Banking 3 4 45 42 59 34 Internet Banking 6 6 28 45 Debit Cards 42 34 UPI 28 68 6 6 3 4 Branch txns 59 45 Mobile Intern
Slide 30: CSB Mobile+ App – Way to Go Digital
Company Business Digital Earnings Strategy Overview Overview Penetration CSB Mobile+ App - Way to Go Digital Upcoming Digital Projects Mobile Banking signups Loyalty Rewards 237032 CSB E-Tax Filing program 200355 for customers 143862 Chatbot in Mobile App Tap & Pay Cards 87218 (Contactless) 43311 FA
Slide 31: Our Aims and Approach
Company Business Digital Earnings Strategy Overview Overview Penetration We aim to - deliver long term value for the shareholders, - grow with the aspirations of our customers, - provide employees with a meritocratic work environment, - meet the regulatory expectations. Through -expanding our footpr
Slide 32: Growth Strategy: New Age Private Bank
Company Business Digital Earnings Strategy Overview Overview Penetration Continue to grow existing asset business Dedicated SME/MSME team to drive further penetration Separate vertical for agriculture based business Sharp focus on Retail businesses like gold loans, two wheeler loans, LAP and p
Slide 33: Verticalisation, PMS, Rewards & Recognition
Company Business Digital Earnings Strategy Overview Overview Penetration • Verticalisation • PMS • Rewards & Recognition • Upskilling • Process Simplification CSB Bank Investor Presentation Q2 FY21
Slide 34: Thank You
Thank You… CSB Bank Investor Presentation Q2 FY21
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