Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q4 FY2022 Earnings Presentation
35 slides from Csb Bank's earnings presentation, May 6, 2022
Slide 1: Exchange filing cover letter for results and presentation
*CSB Bank sEc/77sl2022 May 6,2022 BSE Limited, National Stock Exchange of lndia Ltd., Phiroze Jeejeebhoy Towe rs, Exchange Plaza, 5th floor, DalalStreet, Bandra-Kurla Complex, Mumbai400001. Bandra (E), Mumbai 400051. Scrip code: 542867 Symbo!: CSBBANK Dear Sir/Madam, Press Release and Presentation t
Slide 2: Press Release: Financial Results for Quarter and Year ended 31.03.2022
PRESS RELEASE CSB Bank Limited Financial Results for the Quarter and Year ended 31.03.2022 The Board of Directors of CSB Bank took on record the audited financial results for the fourth quarter (Q4 FY 2022) and for the year ended 31.03.2022 (FY 22) in their meeting dated 06.05.2022. Highlights Net
Slide 3: Performance Highlights and Management Speak
Book Value, EPS and RoE Book Value per share increased from Rs 117 to Rs 144 or by 23% with Earnings per Share of Rs 26.43 in FY 22(Rs 12.59 in FY 21). RoE increased from 12.5% to 21.3%. Comfortable Liquidity Position with Liquidity Coverage Ratio at 154% and Net Stable Funding Ratio at 153%.
Slide 4: Management outlook and press contact
Now coming to topline, in net advances we could register a growth of 10% YoY with gold loan growing at 7% and non-gold loan portfolio at 11%. The liabilities were raised duly weighing the requirement and cost considerations with average CASA surging at 22% YoY. The negativity in terms of growth in t
Slide 5: CSB Bank Investor Presentation Q4 FY 22
CSB Bank Investor Presentation Q4 FY 22
Slide 6: Company Overview: 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 • 603 Branches & 465 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 175 148 131 149 148 142 119 80 61 43 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Operating Profit YoY Net Profit YoY 458 614
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% NPA Provision Sub Standard Assets Unsecured 25% 50% Doubtful Assets Secured 25% 50% (Up to one year) Unsecured 100% 100% Doubtful Assets Se
Slide 9: Branch Distribution, CASA, Gold Loans
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans % distribution 4% 6% State Mar-21 Mar-22 10% 9% 14% 6% KERALA 53% 44% TAMIL NADU 16% 19% 14% MAHARASHTRA 9% 10% Q4 Q4 ANDHRA 6% 9% FY FY 1(1) 3(4) KARNATAKA 6% 7% 22 22 OTHERS 10% 11% 36% 38%
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 & FIHM - promoter & Promoter Group 1 86.26 49.72% Promoter Group SBI Mutual Funds 1 8.42 4.85% 30.43% S
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% 21.37% 21.63% 20.12% 20.74% 44.75% 19.96% 20.24% 18.76% 19.38% 24.35% 42.80% 42.89% 42.11% 39.31% Q4 FY21 Q1 FY22 Q2 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) 5% 5% 34.57% 33.66% 17493 19056 20188 33.09% 16668 16522 19140 18653 19055 15811 16120 751 32.19% 32.58% 1280 1023 912 948 13393 12469 12978
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) 7.07% 6.80% 6.90% 5.93% 6.23% 5.52% 5.34% 5.29% 5.26% 5.29% 6.15% 4.76% Term Deposits 5.88% 5.91% 4.48% 5.07% 4.30% 4.24% 4.21% Total Deposits 4.31% 2.60% 2.65% 2.65% 4.00% 3.93% 3.
Slide 14: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) FY 21 FY 22 1.8% 2.5%1.2% 6131 Gold Loans 6570 7.2% 2.3% 4.6% 3.2% 4.2% 5.7% 1.1% 2308 SME Loans 2463 6.7% 1.0% 39.8% 3873 Corporate Loans 4089 5.6% 6.3% 7.8% 39.2% 1201 Retail Loans 1049 12.7% 171 Two W
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 18.72 13% QoQ 9% 7% YoY 12M Yield 20% 6570 Overall LTV 17.18 6131 5826 5644 5627 5460 4949 12.37% 74% Q3 FY22 Q4 FY22 3799 3849 No of Accounts (in La
Slide 16: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) Total Investments 6965 7142 6250 6165 5966 AFS 56.53% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 HTM 43.47% Yield on Investments QoQ YoY 6.81% 6.94% 6.38% 6.04% 6.60% 5.54% 5.72% 6.41% 6.33% 5.93% M Duratio
Slide 17: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Industries % to Gross advances Sector Wise Exposure Textiles 5.95% Construction 4.45% Infrastructure 3.91% 19% Services % to Gross advances Food Processing 3.83% Chemicals and Chemical Products (Dyes, NBFCs
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% 6% 12% 6% 7%0% 2% 13% 97% of Corporate advances 82% of SME advances are 31% are externally rated of 35% rated as Low
Slide 19: Profit & Loss Account - Q4 FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q4 FY 22 Amt in Cr Q3FY22 Q4FY22 QoQ Q4FY21 YoY Q3FY22 Q4FY22 QoQ Q4FY21 YoY Interest Income 527.6 519.6 -2% 497.1 5% Operating Profit 147.6 142.1 -4% 80.4 77% Interest Expense 224.3 215.7 -4% 221.4 -3%
Slide 20: Profit & Loss Account - FY
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - FY 22 Amt in Cr FY 21 FY 22 YoY YoY% FY 21 FY 22 YoY YoY% Interest Income 1,872.3 2,038.3 166.0 9% Operating Profit 515.6 613.7 98.0 19% Provision for NPA 106.8 -9.8 -116.6 - Interest Expense 930.9 885.0
Slide 21: Balance Sheet – FY
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – FY 22 Amt in Cr 31.03.2021 31.03.2022 YoY (%) 31.12.2021 QoQ (%) Liabilities Capital 173.5 173.5 0.0% 173.5 0.0% Reserves & Surplus 2,006.7 2,477.9 23.5% 2,360.7 5.0% Deposits 19,140.0 20,188.3 5.5% 19,056.0 5.9
Slide 22: Asset Quality
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement YoY movement Gross NPA: Movement Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 FY21 FY22 (3 months) (3 months) (3 months) (3 months) (3 months) (12 months) (12 months) Opening Balance of Gross NPA
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 303 304 QoQ QoQ 5.42% 5.41% 5.42% 12.58% 278 11.37% 10.76% 10.91% 276 5.22% 9.00% 268 5.04% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4
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 2.73% QoQ 2.42% 2.11% 4.61% 3.39% 3.63% 1.74% 2.02% 2.74% 3.24% 1.03% 0.77% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 -0.
Slide 25: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr QoQ 3.21% 4.88% 4.11% QoQ 2.63% 686 444 2.68% 587 2.62% 370 1.36% 1.17% 1.81% 0.68% 393 389 290 169 200 107 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 4.87% 2.
Slide 26: Asset Quality Ratios: Coverage, Slippage, Recovery
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr Provision Coverage Ratio Slippage Ratio Recovery Rate QoQ 12.20% QoQ QoQ 41.52% 47.41% 34.45% 84.89% 70.20% 73.48% 82.95% 89.65% 5.76% 6.15% 11.65% 14.25% 2.37% 1.05% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY
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 38.08 QoQ 30.13 QoQ 22.45% 27.32 17.41% 14.08 8.92% 8.77% 9.88 4.43% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 26.43 YoY 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) 144 QoQ 22.94% 26.85% 22.21% QoQ 137 12.65% 127 9.34% 120 117 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 21.28% YoY 144 12
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 8.26 7.92 QoQ 12.24 11.13 7.43 9.74 7.01 7.16 5.48 4.11 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 YoY 8.85
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 76.31% 31.85% 55.83% 58.49% 61.34% 48.45% 21.45% 21.06% 24.57% 17.16% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 YoY
Slide 31: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 3.40 lacs+ Net 465 ATM 1,506 Installations 5.88 lacs + Debit Cards Banking users Network 3,835+ QR 82,130+ ePassbook 78,660+Prepaid 1.31 lac+ UPI Installations Downloads Cards Downloads 3.23 lacs+ Mobile Ba
Slide 32: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 538 419 FY21 FY22 (In lakh) (In lakh) Mobile Banking 9.48 13.66 301 Internet Banking 14.93 16.54 195 Debit Cards 81.92 89.5 UPI 194.76 418.53 82 90 81 88 88 81 Branch txns 81.4
Slide 33: 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 Q4 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