Csb Bank Ltd. · NSE:CSBBANK
Csb Bank — Q3 FY25 Earnings Presentation
38 slides from Csb Bank's earnings presentation, Jan 28, 2025
Slide 1: Stock exchange cover letter for investor presentation
SEC/023/2025 January 28, 2025 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 Inves
Slide 2: Investor Presentation Q3-FY25
INVESTOR PRESENTATION Q3-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 104 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 31 ESG 33 Awards 34
Slide 5: Performance Highlights – Q3 FY25
Performance Highlights – Q3 FY25 ₹ 43,109 Cr ₹ 28,915 Cr ₹ 33,407 Cr ₹ 62,322 Cr Balance Sheet Size Gross Advances Deposits Total Business 30% Y-o-Y 26% Y-o-Y 22% Y-o-Y 24% Y-o-Y ₹ 1,139 Cr ₹ 375 Cr ₹ 219 Cr ₹ 152 Cr Total Income Net Interest Income Non Interest Income Profit After Tax 28% Y-o-Y 2%
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 Dec. 2023 Dec. 2024 1(1) 15% Kerala 36 34 12(12) 10% 2(2) 5% 9% Tamil Nadu 17 16 14(14) 34% 30% 4% Andhra Pradesh 12 12 34(34) 16% Maharashtra 10 11 12(13) 17(16) 21% Karnataka 6 7 21% 5% 30% Others 19 *20 23(23) 6(6) 7(6
Slide 8: Shareholding Pattern
Shareholding Pattern No of No of % Of Category Shareholde Share Held holding rs (in Mio) FIHM – Promoter 1 69.39 40.00% FIHM - Promoter Mutual Funds 13 27.22 15.69% Mutual Funds Foreign Portfolio 66 22.20 12.80% Investors 27.68% Foreign Portfolio CSB ESOS Trust 1 4.38 2.52% Investors CSB ESOS Trust
Slide 9: Our Board of Directors
Our Board of Directors Mr. Pralay Mondal Mr. B K Divakara Mr. Madhavan Menon Managing Director & CEO Executive Director Non-Executive Director He has over 30 years of banking experience across multiple He has over 37 years of banking experience spanning He has over three decades of experience in fin
Slide 10: Our Board of Directors
Our Board of Directors Mr. Sudhin Choksey Mr. Sharad Kumar Saxena Ms. Renu Kohli Independent Director Independent Director Independent Director He has over fourty years of professional experience, both He has over 30 years of experience in banking and had She is an economist with research and practi
Slide 11: Our Strong Leadership Team
Our Strong Leadership Team 30+ 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
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 Clear Executable Strategy Structure Guidance Policy Building Infrastructure in Robust and Efficient Innovation, Agility, and Physical, Hybrid, and Customer-Centric Strong Leadership Digitalisation Digital Proc
Slide 15: Driven by SBS 2030 (contd.)
Driven by SBS 2030 (contd.) Pillars Customer Compliance Governance Human Technology service Capital Company Business Digital Strategy Financials ESG Awards 14 Overview Overview Penetration
Slide 16: Advances
Advances Gross Advances Gross Advances Mix 28,915 26,871 24,572 25,099 4,424 5,849 22,867 19% 20% 9,553 13,018 42% Q3 FY24 2,855 45% Q3 FY25 3,692 13% 13% 6,035 6,356 26% 22% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Gold Loans Corporate Loans SME Loans Retail Loans (₹ crore) * Internal Classification
Slide 17: Gold Loan Portfolio
Gold Loan Portfolio Book size Portfolio Quality Tonnage 24.44 22.14 13,018 * 12,005 11.61% 77% 10,947 10,407 9,553 Q3 FY24 Q3 FY25 Yield LTV No. of Accounts (in lakhs) 5.22 0.28% 24.44 T 4.89 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 GNPA% Tonnage Q3 FY24 Q3 FY25 (₹ crore) * Portfolio yield for Q3 FY2
Slide 18: Disbursements
Disbursements 6709 9137 10213 8692 11185 67% Y-o-Y 1570 1621 1638 539 1495 393 977 1318 543 748 470 891 975 336 594 8099 7451 6065 5752 4461 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 (₹ crore) Gold Loans Corporate Loans SME Loans Retail Company Business Digital Strategy Financials ESG Awards 17 Overvi
Slide 19: Investments
Investments Net Investments Yield on Investments HFT 2.69% 7,153 7,551 8,803 8,370 10132 6.91% HTM 6.79% 6.80% 33.95% 6.67% 6.44% Q3 Q4 Q1 Q2 Q3 FY24 FY24 FY25 FY25 FY25 AFS 63.36% 9714 8,430 7,885 7,071 7,338 6.79% 6.84% 6.43% M Duration 6.01% 6.05% Q3 Q4 Q1 Q2 Q3 HFT AFS HTM Total FY24 FY24 FY25 F
Slide 20: Deposits
Deposits Total Deposits Term Deposit Mix* CASA Mix 27,345 29,719 29,920 31,840 33,407 27.58% 27.20% 24.90% 24.09% 24.07% 62% 61% 67% 65% 73% 25,365 24,170 72.47% 74.15% 75.18% 21,634 22,471 78.67% 78.68% 19,802 38% 39% 33% 35% 27% 7,543 8,085 7,449 7,670 8,042 27.53% 25.85% 24.82% 21.33% 21.32% Q3 F
Slide 21: Funding
Funding Funding Mix Credit Rating 5% 5% 7% 7% 12% Instrument Rating Tier II Bonds (Under Basel III) CRISIL A/ Stable 69% 69% IND A/Stable 70% 71% 67% Short Term Fixed Deposit CRISIL A1+ 26% 26% 23% 22% 21% Certificate of Deposit CRISIL A1+ Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 CASA TD Borrowing Co
Slide 22: Key Performance Matrix
Key Performance Matrix Net Interest Income Non Interest Income Operating Profit Net Profit 386 197 199 219 383 172 228 150 151 152 221 138 375 196 200 126 172 113 367 362 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 FY24 FY24 FY25 FY25 FY25 FY24 FY24 FY25 FY25 FY25 FY24 FY24 FY25 FY25
Slide 23: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Yield on Advances Cost of Deposits Cost of Funds Net Interest Margin 11.77% 6.19% 6.09% 11.49% 5.96% 6.25% 6.32% 5.10% 5.04% 6.08% 4.36% 4.30% 4.11% 11.25% 11.21% 5.73% 5.82% 11.06% 5.42% 5.48% Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 FY24 FY24 FY25
Slide 24: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Return on Assets Return on Equity Credit Cost Cost to Income 1.84% 1.79% 1.52% 0.22% 1.50% 17.91% 17.61% 0.17% 67.69% 1.27% 15.28% 0.15% 14.53% 0.10% 12.69% 64.66% 62.90% 61.44% 60.86% -0.10% Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 FY24 FY24 FY25 F
Slide 25: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Book Value Per Share CD Ratio (Gross) 86.55% 236 229 84.39% 217 83.89% 83.62% 209 82.68% 200 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 PCR (Incl. w/off) PCR (excl. w/off) 91.85% 74.81% 65.41% 60.12% 59.45% 60.12% 86.44% 82.53% 81.
Slide 26: Key Performance Matrix (contd.) – Asset Quality
Key Performance Matrix (contd.) (₹ crore) Asset Quality Q3 Q4 Q1 Q2 Q3 Gross NPA Movement FY24 FY24 FY25 FY25 FY25 424 169 452 183 458 183 361 125 279 70 Opening Balance of 285 279 361 424 452 Gross NPA Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Additions 36 122 103 64 62 Gross NPA Net NPA Sub Total (A
Slide 27: Key Performance Matrix (contd.)
Key Performance Matrix (contd.) Capital Adequacy Ratio RWA to Total Exposure 22.99% 24.47% 23.61% 22.74% 21.08% 1.37% 1.38% 43.08% 1.39% 1.37% 42.39% 1.35% 42.08% 41.76% 41.52% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 21.60% 23.10% 22.23% 21.37% Average Liquidity Coverage Ratio 19.73% 119% 118% 118%
Slide 28: Profit and Loss Account
Profit and Loss Account Q3 FY24 Q2 FY25 Q3 FY25 YoY QoQ Q3 FY24 Q2 FY25 Q3 FY25 YoY QoQ Interest Income 762 865 919 21% 6% Operating Profit 196 200 221 13% 10% Interest 379 497 544 43% 9% Expense Provision for NPA -6 6 7 219% 21% Net Interest 383 367 375 -2% 2% Income Other Provisions 1 8 10 NA 18%
Slide 29: Profit and Loss Account
Profit and Loss Account 9M FY24 9M FY25 YoY 9M FY24 9M FY25 YoY Interest Income 2133 2,616 23% Operating Profit 552 593 8% Interest Expense 1042 1,511 45% Provision for NPA -10 33 NA Net Interest Income 1091 1,105 1% Other Provisions 7 18 153% Treasury Profit 31 47 54% Total Provisions -3 50 NA Fee
Slide 30: Balance Sheet
Balance Sheet Liabilities Dec. 31, 2023 Sept. 30, 2024 Dec. 31, 2024 YoY(%) QoQ (%) Capital 174 174 174 0% 0% Reserves & Surplus 3451 3967 4103 19% 3% Deposits 27345 31840 33407 22% 5% Of which CASA 7543 7670 8042 7% 5% Borrowings 1361 2347 4474 229% 91% Other Liabilities & Provisions 703 1136 951 3
Slide 31: 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 32: Technology Transformation @ CSB Bank
Technology Transformation @ CSB Bank Technology Infrastructure Core Systems Transformation Transformation 1. Four new Datacenters have been built and commissioned. 1. New Core Banking System (Flexcube) from Oracle is under 2. Private Cloud has been built and ready to use. implementation and will be
Slide 33: Enhancing Digital Footprint
Enhancing Digital Footprint Mobile PoS Machine 6.27 lakh+ Banking Users Installations 2,300+ Net Banking 6.37 lakh+ Users Credit Cards 1.54 lakh+ Digital QR 1124 lakh+ Transaction * Installations 16,400+ % of Digital 87.10% Transaction* Debit Cards 9.50 lakh+ *for 9M FY25 Company Business Digital St
Slide 34: ESG Framework
ESG Framework •Energy Efficiency • Employees- We Care through Equality, • ESG /Sustainable Development Policy •Reduction of GHG Emissions Diversity, Growth and Inclusion • Board Oversight/ Diversity/ Stakeholder •Effluent and Waste Management • Customers- Customer Centricity /Experience, Engagement
Slide 35: Awards & Recognition
Awards & Recognition Indian CSR Awards for the CSB Bank has won the Best Healthcare of the year award under special Initiative for the dialysis mention, innovative project jointly executed with sub-category in the IBA Fairfax foundation. CISO elevator pitch competition. CEO of the year awarded to Mr
Slide 36: Awards & Recognition
Awards & Recognition Bagged the Best bank Bagged 3 awards in the 2nd ICC Emerging Award in Small Bank Asia Banking Conclave & Awards, 2024 by category – 16th edition of Indian Chamber of Commerce the annual Mint BFSI ➢ Best Bank - India Private Sector Bank ( Summit for FY 2023-24 Small ) ➢ Best Perf
Slide 37: 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 38: Thank You
THANKYOU THANKYOU CSB BANK LIMITED Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur, Kerala 680 020 THANKYOU THANKYOU Tel: +91 487 2333020 Fax: +91 487 2338764 Email: board@csb.co.in CIN: L65191KL1920PLC000175 THANKYOU