CSB Bank Ltd. · NSE:CSBBANK
CSB Bank — Q1 FY23 Earnings Presentation
30 slides from CSB Bank's earnings presentation, Jul 21, 2022
Slide 1: CSB Bank Investor Presentation Q1 FY23
CSB Bank INVESTOR PRESENTATION =
Slide 2: Key Information and Q1 FY23 Highlights
Company Business Digital Earnings Strategy Overview Overview Penetration Key Information • A century young Total provisions down Well Capitalised by Rs 167Cr (53%) YoY Organisation Improved Cost and Growth & Strong Asset Momentum (12M Period) Quality • 604 Branches & 495 Profitability Revenue Liquid
Slide 3: 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 175 148 131 119 115 155 149 148 142 61 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Operating Profit YoY Net Profit YoY 175 1
Slide 4: 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 5: Branch Distribution, CASA and Gold Loans
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans % distribution 4% 6% 15% State June-21 June-22 9% 9% 6% KERALA 52% 44% TAMIL NADU 16% 19% 16% MAHARASHTRA 9% 10% Q1 Q1 ANDHRA 6% 9% FY FY 1(1) 3(4) KARNATAKA 7% 7% 23 23 OTHERS 10% 11% 36% 38
Slide 6: 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 & Promoter Group 1 86.26 49.72% FIHM - promoter & SBI Mutual Funds 1 8.21 4.73% 31.12% Promoter Group O
Slide 7: 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 21.63% 20.12% 20.74% 25.90% 25.46% 24.35% 23.97% 44.75% 20.24% 18.76% 19.38% 42.80% 42.89% 40.52% 39.31% Q1 FY22 Q2 FY22 Q3 FY2
Slide 8: Total Deposits, CASA Ratio and Gross Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Total Deposits (Amt in Cr) CASA Ratio Total Gross Advances (Amt in Cr) 35.12% 15% 9% 34.57% 33.66% 17066 33.09% 16742 20267 32.58% 15610 20188 15097 18653 19055 19056 14863 13150 13393 12469 12848 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY2
Slide 9: Cost of Deposits and Yield on Advances
Company Business Digital Earnings Strategy Overview Overview Penetration Cost of Deposits (QoQ) Cost of Deposits (YoY) 5.52% 6.77% 6.87% 6.64% 5.52% 5.07% 5.29% 5.26% 5.29% 4.48% Term Deposits 5.90% 5.91% 5.07% 5.48% 4.30% 4.24% 4.48% 4.10% 4.21% 4.10% Total Deposits 4.00% 3.90% Savings Accounts 3.0
Slide 10: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q1 FY 22 Q1 FY 23 3.4% 2.5% 1.2% 5627 Gold Loans 7107 26.3% 1.5% 1.7% 4.8% 4.3% 5.5% 1.2% 2313 SME Loans 2389 3.3% 41.6% 37.9% 1.0% 7.8% 3900 Corporate Loans 4109 5.4% 5.8% 1161 Retail Loans 998 14.0% 17
Slide 11: Gold Loan – Our DNA
Company Business Digital Earnings Strategy Overview Overview Penetration Gold Loan – Our DNA (Amt in Cr) Portfolio Movements Portfolio Quality Tonnage 19.83 26% YoY 8% QoQ 16.51 20% Yield Overall LTV 7107 6570 6131 5644 5826 5627 5460 4949 11.21% 77% Q1 FY22 Q1 FY23 3849 No of Accounts (in Lakhs) 5.
Slide 12: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) 6965 7142 7231 6165 5966 HTM 59.20% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 AFS 40.66% HFT 0.14% Yield on Investments 6.38% QoQ YoY 6.04% 5.79% 6.40% 6.55% 6.64% 6.38% 5.72% 5.54% 5.79% M Duration HFT AF
Slide 13: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Industries % to Gross advances Sector Wise Exposure Textiles 5.26% Construction 3.89% Infrastructure 3.60% 17% Food Processing 3.35% Services % to Gross advances Chemicals and Chemical Products (Dyes, NBFCs
Slide 14: 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 0%4% 8% 11% 2% 4% 7%0% 3% 12% 98% of Corporate advances 35% 88% of SME advances are 34% are externally rated of rated as Low/
Slide 15: Profit & Loss Account - Q1 FY23
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q1 FY 23 Amt in Cr Q4 FY22 Q1 FY23 QoQ Q1 FY22 YoY Q4 FY22 Q1 FY23 QoQ Q1 FY22 YoY Interest Income 519.6 535.9 3% 495.3 8% Operating Profit 142.1 154.7 9% 174.7 -11% Interest Expense 215.7 225.2 4% 227.5
Slide 16: Balance Sheet – Q1 FY23
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – Q1 FY 23 Amt in Cr 30-06-2021 30-06-2022 YoY (%) 31-03-2022 QoQ (%) Liabilities Capital 173.5 173.5 0.0% 173.5 0.0% Reserves & Surplus 2,069.5 2,593.2 25.3% 2,477.90 4.7% Deposits 18,652.8 20,266.8 8.7% 20,188.3
Slide 17: Asset Quality
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Restructured (Standard) Gross NPA: Movement Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 0.66% 0.71% 0.53% 0.50% (3 months) (3 months) (3 months) (3 months) (3 months) 0.33% 106 94 Opening Balanc
Slide 18: 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 QoQ QoQ 311 5.41% 5.42% 303 304 12.58% 10.76% 10.91% 9.28% 5.22% 9.00% 5.17% 278 268 5.04% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1
Slide 19: 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 2.42% 3.24% 3.39% 3.63% 2.02% 2.11% 3.21% 2.73% 1.75% 2.74% 1.03% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q
Slide 20: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr QoQ 4.88% 4.11% QoQ 2.62% 3.21% 2.63% 686 1.81% 1.79% 1.36% 587 444 0.68% 0.60% 389 370 290 293 200 107 97 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 3.21% 4.7
Slide 21: Asset Quality Ratios: PCR, Slippage, Recovery
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr Provision Coverage Ratio Slippage Ratio Recovery Rate QoQ QoQ 47.41% 82.95% 89.65% 90.51% 12.20% QoQ 41.52% 34.45% 70.20% 73.48% 6.15% 11.03% 2.37% 1.05% 0.94% 14.25% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY
Slide 22: 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 38.08 QoQ 30.13 22.45% 27.32 26.80 17.41% 14.08 8.77% 4.43% 3.48% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 22.45% YoY
Slide 23: 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) QoQ 26.85% QoQ 151 22.94% 22.21% 144 18.57% 137 12.65% 127 120 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 YoY 18.57% 151 Y
Slide 24: 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 7.92 7.82 QoQ 12.24 11.13 7.43 9.74 9.59 7.16 7.01 5.48 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 YoY YoY
Slide 25: 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 24.57% 61.34% 21.45% 21.06% 20.69% 55.83% 58.49% 57.67% 17.16% 48.45% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 YoY
Slide 26: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 3.71 lacs+ Net 495 ATM 1,496 Installations 6.49 lacs + Debit Cards Banking users Network 4,646+ QR 84,742+ ePassbook 78,600+Prepaid 1.33 lac+ UPI Installations Downloads Cards Downloads 3.55 lacs+ Mobile Ba
Slide 27: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 53.24 64.07 3 M FY22 3 M FY23 (In lakh) (In lakh) Mobile Banking 0.84 1.42 Internet Banking 1.18 1.37 21.53 29.35 Debit Cards 5.79 8.04 UPI 21.53 53.24 8.04 8.29 5.79 6.31 Bran
Slide 28: SBS 2030
Company Business Digital Earnings Strategy Overview Overview Penetration SBS 2030 CSB Bank Investor Presentation Q1 FY23
Slide 29: Thank You
Thank You… CSB Bank Investor Presentation Q1 FY23
Slide 30: 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