Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q1 FY25 Earnings Presentation
33 slides from Csb Bank's earnings presentation, Jul 29, 2024
Slide 1: Cover letter to stock exchanges
SEC/276/2024 July 29, 2024 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, Presentation to Institutional Investor
Slide 2: Investor Presentation Q1-FY25
INVESTOR PRESENTATION Q1-FY25
Slide 3: Banking Driven by Purpose...
Banking Driven by Purpose... With over a century of banking excellence, CSB Bank stands as a testament to resilience and innovation in the financial sector. Founded 103 years ago, the bank has continuously evolved to meet the dynamic needs of its diverse clientele.
Slide 4: Agenda
Company Overview 4 Strategy 11 Business Overview 15 Financials 21 Digital Penetration 28 ESG 29 Awards 30
Slide 5: Performance Highlights – Q1 FY25
Performance Highlights – Q1 FY25 ₹ 36,583 Cr ₹ 25,099 Cr ₹ 29,920 Cr ₹ 55,019 Cr Balance Sheet Size Gross Advances Deposits Total Business 25% Y-o-Y 18% Y-o-Y 22% Y-o-Y 20% Y-o-Y ₹ 1,004 Cr ₹ 362 Cr ₹ 172 Cr ₹ 113 Cr Total Income Net Interest Income Non Interest Income Profit After Tax 25% Y-o-Y 1%
Slide 6: Driven by Purpose, since 1920
Driven by Purpose, since 1920 Journey began in Oldest private sector November 1920 bank in Kerala Vision Offer products and services across Personal Banking, Loans and Advances, Corporate Banking, Digital Banking CSB Bank endeavours to be a leading bank striving to excel in bringing products that sa
Slide 7: Robust Network, Extensive Reach
Robust Network, Extensive Reach Total Business Gold Loans % Distribution State June 2023 June 2024 Kerala 38 34 2(2) 15% 9% 12(12) 8% Tamil Nadu 17 17 1(1) 6% 36% 30% 14(14) 4% Andhra Pradesh 11 12 33(32) 14% Maharashtra 9 11 12(13) 16(16) 19% 5% Karnataka 6 7 20% 34% Others 19 *19 23(23) 6(5) 2(1)
Slide 8: Shareholding Pattern
Shareholding Pattern No of No of Share Category % Of holding Shareholders Held (in Mio) FIHM - Promoter FIHM - Promoter 1 69.40 40.00% Mutual Funds 16 29.54 17.02% Mutual Funds 26.33% Alternate Investment 9 1.13 0.65% Funds Alternate Investment Funds Foreign Portfolio 66 21.56 12.43% Investors Forei
Slide 9: Our Board of Directors
Our Board of Directors Ms. Bhama Krishnamurthy Mr. Pralay Mondal Mr. B K Divakara Non-Executive Independent Chairperson Managing Director & CEO Executive Director A seasoned banker with over four decades of experience He has over 30 years of banking experience across multiple He has over 37 years of
Slide 10: Our Board of Directors
Our Board of Directors Ms. Sharmila Abhay Karve Mr. Sudhin Choksey Mr. Sharad Kumar Saxena Independent Director Independent Director Independent Director She has over three decades of association with the He has over fourty years of professional experience, both in He has over 30 years of experience
Slide 11: Our Strong Leadership Team
Our Strong Leadership Team Pralay Mondal B K Divakara Narendra Kumar Dixit Satish Gundewar Managing Director & CEO Executive Director Head - Retail Banking Chief Financial Officer 30+ 37+ 30+ 28+ Manish Modi Shyam Mani Rajesh Choudhary Manish Agarwal Head - Wholesale Banking Head – SME and Chief Tec
Slide 12: Driven by SBS 2030
Driven by SBS 2030 Long-term vision of becoming a Launched in Rolled out in three phases: mid-sized new age bank with a March 2022 Sustain, Build, and Scale national presence by 2030 Sustain Build Scale Core Strengths Platforms for Future Execute with Guardrails Sustain and Build Phase (Till FY26)
Slide 13: Driven by SBS 2030 (contd.)
Driven by SBS 2030 (contd.) Sustain Build Scale Core Strengths Platforms for Future Execute with Guardrails Building for Scale Phase (FY27 to FY30) Transform into full-service new age private sector bank Enhanced product suite across all customer segments Customer centricity at heart Focus o
Slide 14: Driven by SBS 2030 (contd.)
Driven by SBS 2030 (contd.) Key Enablers Good Governance Board Support and Growth-Oriented Policy Clear Executable Strategy Structure Guidance Building Infrastructure in Robust and Efficient Innovation, Agility, and Physical, Hybrid, and Digital Customer-Centric Strong Leadership Digitalisation Proc
Slide 15: Driven by SBS 2030 (contd.)
Driven by SBS 2030 (contd.) Pillars Human Compliance Customer Technology Governance Capital service Company Business Digital Strategy Financials ESG Awards 14 Overview Overview Penetration
Slide 16: Advances
Advances Gross Advances Gross Advances Mix 25,099 24,572 2,773 3,541 13% 14% 22,867 2,545 12,487 3,256 22,468 10,065 12% 50% 13% 47% Q1 FY24 Q1 FY25 21,307 5,924 5,815 28% 23% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Gold Loans Corporate Loans Retail Loans SME Loans (₹ crore) * Internal Classificatio
Slide 17: Gold Loan Portfolio
Gold Loan Portfolio Book size Portfolio Quality Tonnage 26.36 24.56 11,818 12,487 11.62%* 72% 10,619 10,837 10,065 Q1 FY24 Q1 FY25 Yield LTV No. of Accounts (in lakhs) 7.00 7.04 0.33% 26.36 T Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 GNPA% Tonnage Q1 FY24 Q1 FY25 (₹ crore) * Portfolio yield for Q1 FY2
Slide 18: Disbursements
Disbursements 6890 7445 6709 9137 10213 393 321 48% Y-o-Y 748 543 521 891 352 265 438 336 306 1035 355 767 594 8751 7182 5552 5620 5424 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 (₹ crore) Gold Loans Corporate Loans Retail SME Loans Company Business Digital Strategy Financials ESG Awards 17 Overview Ov
Slide 19: Investments
Investments Net Investments Yield on Investments HFT 2.65% 5,751 6,692 7,153 7,551 8,803 HTM 374 31.66% 213 82 66 206 6.79% AFS 8,430 65.69% 6.67% 7,071 7,338 6,626 5,545 6.50% 6.44% 6.34% M Duration Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 HFT AFS HTM Total FY24 FY24 FY24 FY24 FY25 FY24 FY24 FY24 FY24 FY25 SL
Slide 20: Deposits
Deposits Total Deposits Term Deposit Mix CASA Mix 24,476 25,438 27,345 29,719 29,920 30.84% 29.28% 27.58% 27.20% 24.90% 67% 65% 73% 77% 77% 21,634 22,471 19,802 75.44% 74.62% 72.47% 74.15% 17,990 78.67% 16,928 33% 35% 8,085 27% 7,548 7,448 7,543 7,449 23% 23% 24.56% 25.38% 27.53% 25.85% 21.33% Q1 FY
Slide 21: Funding
Funding Funding Mix Credit Rating 3% 5% 5% 7% 7% Instrument Rating CRISIL A/ Stable 67% Tier II Bonds (Under Basel III) 66% 69% 69% IND A/Stable 70% Short Term Fixed Deposit CRISIL A1+ 30% 27% 26% 26% 23% Certificate of Deposit CRISIL A1+ Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 CASA TD Borrowing Com
Slide 22: Key Performance Matrix
Key Performance Matrix Net Interest Income Non Interest Income Operating Profit Net Profit 383 386 197 172 228 150 151 196 132 133 364 142 181 175 172 113 362 120 126 344 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY24 FY24 FY24 FY24 FY25 FY24 FY24 FY24 FY24 FY25 FY24 FY24 FY24 FY24
Slide 23: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Return on Assets Return on Equity Book Value Per Share Cost to Income 1.79% 1.84% 1.79% 1.73% 17.91% 217 17.50% 16.69% 17.61% 67.69% 209 1.27% 12.69% 200 64.09% 191 62.51% 184 61.44% 60.86% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY24 FY24 FY24 FY2
Slide 24: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) (₹ crore) Asset Quality Gross NPA Movement Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 424 169 361 125 271 285 279 68 72 70 Opening Balance of Gross NPA 263 271 285 279 361 Additions 33 54 36 122 103 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Gross NPA Net NPA Sub Total (A)
Slide 25: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Capital Adequacy Ratio RWA to Total Assets 25.99% 23.96% 22.99% 24.47% 23.61% 1.19% 1.40% 1.36% 45.05% 1.38% 1.38% 43.67% 43.06% 42.96% 41.57% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 24.80% 22.56% 21.60% 23.10% 22.23% Liquidity Coverage Ratio* 118% 117% 118% 113% 109%
Slide 26: Profit and Loss Account
Profit and Loss Account Q1 FY24 Q4 FY24 Q1 FY25 YoY QoQ Q1 FY24 Q4 FY24 Q1 FY25 YoY QoQ Interest Income 683 795 832 22% 5% Operating 182 228 172 -5% -24% Profit Interest Expense 319 409 470 47% 15% Provision for 4 6 20 451% 273% Net Interest Income 364 386 362 -1% -6% NPA Other 1 16 - - - Treasury P
Slide 27: Balance Sheet
Balance Sheet Liabilities June 30, 2023 March 31, 2024 June 30, 2024 YoY(%) QoQ (%) Capital 174 174 174 - - Reserves & Surplus 3,164 3,630 3,767 19% 4% Deposits 24,476 29,719 29,920 22% 1% Of which CASA 7,548 8,084 7,449 -1% -8% Borrowings 914 1,757 1,963 115% 12% Other Liabilities & Provisions 637
Slide 28: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Balance Sheet Size Gross Advances Deposits Total Income 36056 3512 24572 29162 20842 29719 25356 24506 2635 23337 16742 2175 2285 15388 19140 20188 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Profit After Tax ROA Net NPA NIM 547 567
Slide 29: Enhancing Digital Footprint
Enhancing Digital Footprint Mobile Banking PoS Machine 5.76 lakh+ Users Installations 1,700+ Net Banking 5.87 lakh+ Users Credit Cards 1.11 lakh+ Digital QR Installations 354 lakh+ Transaction * 11,900+ % of Digital 92.11% Transaction* Debit Cards 9.37 lakh+ *for Q1 FY25 Company Business Digital Str
Slide 30: ESG Framework
ESG Framework Environmental Social Corporate Governance • Compliance on Environmental • Employees- We Care through • ESG /Sustainable Development Regulations Equality, Diversity, Growth and Policy • Initiatives towards Reduction in Inclusion • Board Oversight/ Diversity/ Energy/Fuel Consumption • Cu
Slide 31: Awards & Recognition
Awards & Recognition Mint BFSI Best Small Bank Award for FY24 Company Business Digital Strategy Financials ESG Awards 30 Overview Overview Penetration
Slide 32: 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
Slide 33: Thank You
CSB BANK LIMITED Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur, Kerala 680 020 Tel: +91 487 2333020 THANKYOU Fax: +91 487 2338764 Email: board@csb.co.in CIN: L65191KL1920PLC000175