Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q3 FY2021 Earnings Presentation
35 slides from Csb Bank's earnings presentation, Jan 19, 2021
Slide 1: Cover letter to exchanges: press release and investor presentation
SEC/26/2021 January 19, 2021 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 In
Slide 2: Press Release: Q3FY21 Results – CSB Bank
PRESS RELEASE Q3FY21 Results – CSB Bank The Board of Directors of CSB Bank took on record the financial results for the quarter ended 31.12.2020 (Q3 FY 2021) which were subject to limited review in their meeting dated 19.01.2021 Highlights a) Profit After Tax for the nine months ended 31.12.2020 is
Slide 3: Performance Highlights
g) Capital Adequacy Ratio improves from 19.69% as on 30.09.2020 to 21.02% as on 31.12.2020. Leverage ratio is at 7.7% as on 31.12.2020. h) Comfortable Liquidity Position. Liquidity Coverage Ratio at 200% which is well above the RBI requirement. i) Total Deposits grew by 16% YoY and CASA ratio stood
Slide 4: CEO Speak
CEO Speak: Speaking about the performance Mr. C VR Rajendran, Managing Director & CEO said, “The recent revival of the economic activity is having a positive impact on the banking industry as a whole and I am happy that we are no exception to this. We could post a net profit of Rs 175 Crs for the 9
Slide 5: CSB Bank Investor Presentation Q3 FY21
CSB Bank Investor Presentation Q3 FY 21
Slide 6: Business Overview
Company Business Digital Earnings Strategy Overview Overview Penetration Key Information • A century young Total provisions down Improved Growth Well Capitalised by Rs Asset 167Cr (53%) YoY Organisation Cost and Profitability Revenue Momentum & Strong (12M Period) Quality • 454 Branches & 319 Liquid
Slide 7: 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 Unsecured 25% 50% NPA Provision Doubtful Assets Secured 25% 50% (Up to one year) Unsecured 100% 100% Secured (1st Year)
Slide 8: Profitability Ratios: Operating Profit and Net Profit
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Amt in Cr Operating Profit QoQ Net Profit QoQ 173 182 69 54 53 129 28 107 *27 70 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 -60 *Ex Tax effect Operating Profit YoY Net Profit YoY 484 176 72 174 36 155 59 51 9M
Slide 9: Branch Distribution
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans 9% 4% 9% State % distribution 8% 11% 8% KERALA 61% 16% TAMIL NADU 14% MAHARASHTRA 10% Q3 Q3 1(1) KARNATAKA 4% 3(2) FY FY OTHERS 11% 21 21 2(2) 11(4) 32% 40% 4(4) 4(4) 64% 6(5) 3(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 & Promoter Group 2 86.27 49.74% Mutual Funds 6 12.14 7.00% 34.21% Alternate Investment Funds 1 1.79 1.03%
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 23.00% 22.46% 21.02% 46.74% 18.93% 19.69% 22.34% 21.79% 41.83% 41.98% 19.77% 41.10% 18.44% 40.20% 17.93% Q3 FY20 Q4 FY20 Q1 FY2
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 30.38% 29.17% 29.23% 29.39% 16% 6.88% 6.91% 28.56% 17468 17753 6.64% 16338 6.39% 15791 12360 12334 15241 6.03% 11562 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 11184
Slide 13: Gross Advances, CD Ratio and Yield on Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Total Gross Advances + Non SLR Bonds (Amt in Cr) Gross CD Ratio Yield on Advances 10.86% 10.94% 10.98% 10.72% 10.74% 29% 15357 14698 79.17% 1302 77.52% 13291 1,287 76.78% 12537 76.63% 11863 1,193 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21
Slide 14: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q3 FY 20 Q3 FY 21 3523 Gold Loans 5644 60.2% 0.8% 2006 SME Loans 2131 2.7% 2.6% 4.9% 6.2% 5.1% 5.3% 0.5% 1.0% 285 MSME General Loans 236 17.2% 30.2% 8.4% 40.2% 11.3% 0 MSME New Loans 41 3201 Corporate Lo
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 16.26 Weighted Yield 7% 61% YoY 14% QoQ Overall LTV 5644 15.15 4949 3799 3849 12.62% 75% 3367 3513 Q4 FY20 Q3 FY21 3004 No of Accounts (in Lakhs) 4.4
Slide 16: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Sector Wise Exposure Industries % to Gross advances Services Textiles 3.36% 33% Retail & Food Processing 2.36% Services % to Gross advances Others Infrastructure 1.81% NBFCs 10.93% 33% Construction 1.24% Wh
Slide 17: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) Total Investments 7800 6820 5461 5911 4664 HTM 65.82% AFS 33.84% HFT 0.34% Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Yield on Investments 7.00 6.64 6.74 6.33 6.28 M Duration HFT AFS HTM Total Q3 FY20 Q4 FY
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 9% 1% 5% 11% 10% 5% 28% 8% 1% 11% 26% 13% 91% of Corporate advances 83% of SME advances are are externally rated of rated as
Slide 19: Profit & Loss Account - Q3 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q3 FY 21 Amt in Cr Q3FY20 Q2FY21 Q3FY21 YoY QoQ Q3FY20 Q2FY21 Q3FY21 YoY QoQ Interest Income 388.7 470.0 482.6 24.2% 2.7% Operating Profit 70.0 172.8 182.4 160.6% 5.6% Provision for NPA 35.3 20.8 56.2 59
Slide 20: Profit & Loss Account - 9M FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - 9M FY 21 Amt in Cr 9M FY 20 9M FY 21 YoY YoY% 9M FY 20 9M FY 21 YoY YoY% Interest Income 1,121.0 1,375.2 254.2 22.7% Operating Profit 173.6 484.3 310.7 179.0% Interest Expense 686.2 709.5 23.3 3.4% Provi
Slide 21: Balance Sheet – Q3 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – Q3 FY 21 Amt in Cr 31.12.2019 31.12.2020 YoY (%) 30.09.2020 QoQ (%) Liabilities Capital 173.5 173.5 0.0% 173.5 0.0% ESOP Outstanding - 0.4 - - - Reserves & Surplus 1846.8 1962.7 6.3% 1,909.0 2.8% Deposits 15241.
Slide 22: Asset Quality: Gross NPA Movement
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Q3FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Gross NPA: Movement (3 months) (3 months (3 months) (3 months) (3 months) Opening Balance of Gross NPA 326 353 409 401 387 Additions 53 83 6 4 - Sub-to
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 5.17% 251 3.92% 4.06% 4.50% 18.20% 19.46% 229 3.81% 17.20% 185 14.90% 155 158 11.50% Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q
Slide 24: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr 3.22% 3.54% 3.51% 1.98% 1.91% 3.04% 1.74% 1.30% 409 401 214 217 0.68% 387 1.77% 195 353 164 235 89 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Provision Coverag
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 12.24 13.36% 13.49% 6.52 11.60% *6.06 9.26% 4.89% Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 -13.76 *Ex tax effect Q3 FY20 Q4 FY20 Q1 FY21
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) 7.48 8.55 8.62 6.42 8.52 5.34 8.38 3.51 *3.30 7.96 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 -7.4
Slide 27: Covid Provisions
Company Business Digital Earnings Strategy Overview Overview Penetration Covid Provisions Amt in Cr • Supreme Court on 3rd September 2020, has directed that accounts which are standard as on 31.08.2020 [date of Balance Provision Held moratorium exit] should not be classified as NPA till Accounts whi
Slide 28: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 2.9 lacs+ Net 319 ATM 1,755 Installations 5.80 lacs + Debit Cards Banking users Network 2,014+ QR 62,776+ ePassbook 78,464+Prepaid 1.23 lac+ UPI Installations Downloads Cards Downloads 2.58 lacs+ Mobile Ban
Slide 29: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 126.9 201.7 9M FY 20 9M FY 21 (In lakh) (In lakh) Mobile Banking 5 7 88.7 130.0 73.4 Internet Banking 10 11 66.1 57.7 49.6 88.7 Debit Cards 66 58 73.4 UPI 50 127 4.8 6.5 9.6 10
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 2,58,656 Loyalty Rewards CSB E-Tax Filing program 2,00,355 for customers 1,43,862 Chatbot in Mobile App Tap & Pay Cards 87,218 (Contactless) 4
Slide 31: Our aims and how we will achieve them
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: 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 Revamped policies, products, systems and processes to foster growth Accelerate
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 Q3 FY21
Slide 34: Thank You
Thank You… CSB Bank Investor Presentation Q3 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