Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q3 FY2022 Earnings Presentation
35 slides from Csb Bank's earnings presentation, Jan 21, 2022
Slide 1: Covering letter to stock exchanges
c?CSB Bank \ sEcl29l2022 January 2L,2022 BSE Limited, National Stock Exchange of lndia Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, sth floor, Dalal Street, Bandra-Kurla Complex, Mumbai400001. Bandra (E), Mumbai 400051" Scrip code:542867 Symbol: CSBBANK Dear Sir/Madam, Press Release and Presenta
Slide 2: Press Release: Financial Results Q3 and Nine Months FY2022
PRESS RELEASE CSB Bank Limited Financial Results for the Quarter & Nine Months Ended December 31, 2021 The Board of Directors of CSB Bank took on record the financial results for the quarter (Q3 FY 2022) and nine months ended 31.12.2021, which were subject to limited review in their meeting dated 21
Slide 3: Capital Adequacy, Liquidity and Performance Highlights
g) Capital Adequacy Ratio is at 20.74%, which is well above the regulatory requirement. Leverage ratio is at 7.92% as on 31.12.2021 h) Comfortable Liquidity Position. Liquidity Coverage Ratio is comfortable at 146.41% i) Total Deposits grew by 7.34 % YoY and CASA ratio stood at 34.57 % as on 31.12.2
Slide 4: CEO Speak
CEO Speak: Speaking about the performance Mr. C VR Rajendran, Managing Director & CEO said, “Q3 FY 22 was really a BIG quarter in terms of recovery. Though we had some challenges related to portfolio stress at the FY beginning mainly in Gold due to the reversal of LTV regime as mandated by the regul
Slide 5: CSB Bank Investor Presentation Q3 FY22
CSB Bank Investor Presentation Q3 FY 22
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 • 559 Branches & 410 Profitability Revenue Liquid
Slide 7: 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 197 148 175 149 148 119 80 53 61 43 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Operating Profit YoY Net Profit YoY 435 472
Slide 8: NPA Provision and 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 9: Branch Distribution
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans 4% % distribution 9% 6% 14% 8% 6% State Dec-20 Dec-21 KERALA 61% 47% 14% TAMIL NADU 14% 18% MAHARASHTRA 10% 9% Q3 Q3 1(1) KARNATAKA 4% 7% FY FY 3(3) 22 22 OTHERS 11% 19% 35% 39% 2(2) 22(12) 4
Slide 10: Share Holding Pattern
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holding Pattern No of Shares % of Share Holding FIH MAURITIUS Category No of Shareholders % of Holding Held(in Mio) 49.723% INVESTMENTS FIHM - promoter & Promoter Group 1 86.26 49.723% 29.439% LTD (FIHM) - Promoter SBI Mu
Slide 11: Solid CRAR and 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 21.37% 21.63% 21.02% 20.74% 44.75% 20.12% 42.11% 42.80% 42.89% 19.77% 19.96% 20.24% 40.20% 18.76% 19.38% Q3 FY21 Q4 FY21 Q1 FY2
Slide 12: Total Deposits, CASA Ratio and Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Total Deposits (Amt in Cr) CASA Ratio Total Gross Advances + Non SLR Bonds (Amt in Cr) 34.57% 8% 7% 33.09% 32.19% 32.58% 16668 16522 15811 16120 19140 19055 19056 15357 17753 18653 1280 1023 912 30.38% 948 1302 12469 12978 1284
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) 6.03% 5.93% 6.76% 6.88% 6.35% 5.52% 5.36% 5.29% 5.26% Term Deposits 4.91% 4.76% 5.86% 5.91% 4.48% 5.18% 4.30% 4.24% 4.34% Total Deposits 3.94% 3.92% 2.54% 2.54% 2.60% 2.65% 2.65% Sa
Slide 14: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q3 FY 21 Q3 FY 22 5644 Gold Loans 5826 3.4% 2.6% 5.4% 2.8% 5.1% 1940 SME Loans 2024 4.3% 2.5% 1.0% 6.3% 316 MSME General Loans 242 23.4% 1.1% 7.4% 40.6% 41 MSME New Loans 96 134.1% 7.0% 37.3% 3315 Corpor
Slide 15: Gold Loan – Our DNA
Company Business Digital Earnings Strategy Overview Overview Penetration Gold Loan – Our DNA (Amt in Cr) 17.18 Portfolio Movements Portfolio Quality Tonnage 7% QoQ 7% 3% YoY 9M Yield Overall LTV 16.01 6131 5644 5826 5627 5460 4949 12.77% 75% Q2 FY22 Q3 FY22 3799 3849 3513 No of Accounts (in Lakhs) 4
Slide 16: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) Total Investments (Excl RIDF) 6965 6250 6165 5911 5966 AFS 53.78% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 HTM 46.22% Yield on Investments QoQ YoY 7.00% 6.94% 6.53% 6.74% 6.38% 6.04% 6.46% 5.54% 5.99% M D
Slide 17: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Industries % to Gross advances Sector Wise Exposure Textiles 5.69% Construction 4.64% Food Processing 4.16% Infrastructure 3.69% 23% Petroleum (non-infra), Coal Products (non- Services % to Gross advances m
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 3% 0% 5% 7% 13% 5% 7%0% 4% 11% 97% of Corporate advances 87% of SME advances are 35% are externally rated of 35% rated as Low
Slide 19: Profit & Loss Account - Q3 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q3 FY 22 Amt in Cr Q2FY22 Q3FY22 QoQ Q3FY21 YoY Q2FY22 Q3FY22 QoQ Q3FY21 YoY Interest Income 495.9 527.6 6% 482.6 9% Operating Profit 149.4 147.6 -1% 197.2 -25% Interest Expense 217.5 224.3 3% 231.4 -3%
Slide 20: Profit & Loss Account - 9M FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - 9M FY 22 Amt in Cr 9M FY 21 9M FY 22 YoY YoY% 9M FY 21 9M FY 22 YoY YoY% Interest Income 1,375.2 1,518.8 143.6 10% Operating Profit 435.1 471.7 36.6 8% 709.5 669.3 -40.2 Provision for NPA 47.0 27.5 -19.5
Slide 21: Balance Sheet – 9M FY
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – 9M FY 22 Amt in Cr 31.12.2020 31.12.2021 YoY (%) 30.09.2021 QoQ (%) Liabilities Capital 173.5 173.5 0.0% 173.5 0.0% Reserves & Surplus 1,963.1 2,340.2 19.2% 2189.9 6.9% Deposits 17,753.0 19,056.0 7.3% 19055.5 0.
Slide 22: Asset Quality: Gross NPA Movement
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Gross NPA: Movement (3 months) (3 months) (3 months) (3 months) (3 months) Opening Balance of Gross NPA 387 235 393 686 587 Additions - 188 435 205 81
Slide 23: Profitability Ratios: NII, NIM, Non Interest Income
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Net Interest Income (in Cr) NIM Non interest Income to Total Income QoQ 303 QoQ 5.46% QoQ 5.34% 276 278 21.40% 268 5.22% 5.17% 251 5.04% 11.37% 12.58% 10.76% 9.00% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3
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 2.43% 2.73% 4.61% 2.02% 3.41% 3.24% 3.35% 1.74% 2.74% 1.13% 1.03% 0.96% 0.77% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY
Slide 25: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr 4.88% 3.21% QoQ 4.11% QoQ 2.63% *3.42% 2.68% 686 2.62% *1.93% 1.77% 587 1.17% 444 1.36% 0.68% 370 393 389 235 169 200 89 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3
Slide 26: Asset Quality Ratios: Provision Coverage, Slippage
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr Provision Coverage Ratio Slippage Ratio 12.20% QoQ 91.03% 84.89% 73.48% 82.95% 5.76% 6.15% 70.20% 2.37% 0.01% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 YoY 91
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 QoQ 22.45% 34.28 17.41% 27.32 8.92% 8.77% 12.24 14.08 4.89% 9.88 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 YoY 25.27 Y
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) 27.02% QoQ QoQ 22.94% 136 114 117 120 127 12.37% 12.65% 9.34% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 YoY 20.88% 136 Yo
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 QoQ 12.24 7.96 8.26 9.74 7.43 6.84 7.16 5.48 7.01 4.11 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 YoY YoY 8
Slide 30: Efficiency Ratios: Staff Cost, Cost to Income
Company Business Digital Earnings Strategy Overview Overview Penetration Efficiency Ratios Staff Cost to Total Income Cost to Income Ratio QoQ QoQ 31.85% 76.31% 21.45% 55.83% 58.49% 20.81% 20.73% 48.47% 48.45% 17.16% Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 YoY
Slide 31: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 4.09 lacs+ Net 410 ATM 1,581 Installations 5.93 lacs + Debit Cards Banking users Network 3,463+ QR 77,719+ ePassbook 78,660+Prepaid 1.28 lac+ UPI Installations Downloads Cards Downloads 3.77 lacs+ Mobile Ba
Slide 32: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 372 9M FY21 9M FY22 284 (In lakh) (In lakh) Mobile Banking 6.52 9.63 202 Internet Banking 10.57 12.24 127 Debit Cards 57.66 65.52 UPI 126.93 284.16 58 66 59 58 59 58 Branch txn
Slide 33: Our Aims and Strategy
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 34: Thank You
Thank You… CSB Bank Investor Presentation Q3 FY22
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