CSB Bank Ltd. · NSE:CSBBANK
CSB Bank — Q2 FY22 Earnings Presentation
30 slides from CSB Bank's earnings presentation, December 2021
Slide 1: CSB Bank Investor Presentation Q2 FY22
CSB Bank Investor Presentation Q2 FY 22
Slide 2: Key Information and Q2 Highlights
Company Business Digital Earnings Strategy Overview Overview Penetration Key Information • More than 100 years of Well Capitalised legacy Improved Cost and Growth & Strong Asset Momentum Quality • 542 Branches & 368 Profitability Revenue Liquidity Position ATMs • 9 Zonal Offices * Gross NPA percenta
Slide 3: Profitability Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Amt in Cr Operating Profit QoQ Net Profit QoQ 197 175 119 149* 119 69 53 61 80 43 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 *But for the regulatory changes operating pr
Slide 4: 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 5: Branch Distribution
Company Business Digital Earnings Strategy Overview Overview Penetration Branch Distribution CASA Gold Loans 4% 7% 14% State % distribution 9% 8% 6% KERALA 49% TAMIL NADU 17% 15% MAHARASHTRA 10% Q2 Q2 1(1) 3(3) KARNATAKA 7% FY FY OTHERS 17% 22 22 2(2) 19(11) 34% 39% 4(4) 4(4) 64% 8(5) 4(1) 2(1) Tota
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) FIH MAURITIUS FIHM - promoter & Promoter Group 1 86.26 49.72% INVESTMENTS 30.06% SBI Mutual Funds 1 8.71 5.02% LTD (FIH
Slide 7: 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 21.37% 21.63% 42.80% 44.75% 21.02% 41.98% 42.11% 40.20% 20.12% 19.69% 19.77% 19.96% 20.24% 18.44% 18.76% Q2 FY21 Q3 FY21 Q4 FY2
Slide 8: 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) 10% 9% 32.19% 33.09% 32.58% 19140 19055 30.38% 16667 16120 18653 29.39% 15357 15811 17753 14698 1280 17468 948 1023 1302 1287 Q2 FY21 Q3 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) 5.18% 4.91% 5.86% 5.91% 5.32% 4.76% 4.39% 4.48% 4.30% Term Deposits 6.39% 6.03% 6.76% 6.88% 6.50% 5.93% 5.52% 5.41% 5.29% Total Deposits 2.62% 2.60% 2.65% Savings Accounts 3.96% 3.9
Slide 10: Advance Mix
Company Business Digital Earnings Strategy Overview Overview Penetration Advance Mix (Amt in Cr) Q2 FY 21 Q2 FY 22 1.7% 4949 Gold Loans 5460 10.3% 2.7% 2.8% 4.5% 7.2% 1874 SME Loans 1975 5.4% 6.2% 0.8% 1.2% 337 MSME General Loans 261 22.6% 36.2% 36.9% 7.4% 8.9% 17 MSME New Loans 90 429.4% 3378 Corpo
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 16.00 Weighted Yield Overall LTV 6% 10% YoY 3% QoQ 15.14 6131 5644 5627 5460 4949 12.31% 79% Q2 FY21 Q2 FY22 3799 3849 3367 3513 No of Accounts (in L
Slide 12: Sector Wise Exposure
Company Business Digital Earnings Strategy Overview Overview Penetration Sector Wise Exposure Industries % to Gross advances Sector Wise Exposure Textiles 5.33% Construction 4.34% Food Processing 4.09% Infrastructure 3.43% 27% Petroleum (non-infra), Coal Products (non- Services % to Gross advances m
Slide 13: Investments
Company Business Digital Earnings Strategy Overview Overview Penetration Investments (Amt in Cr) Total Investments (Excl RIDF) 7800 5911 6250 6165 5966 HTM 57.5% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 AFS 40.9% HFT 1.5% Yield on Investments QoQ YoY 7.00 6.94 6.74 6.65 6.52 6.38 6.37 6.04 6.24 M Dur
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%5% 7% 4% 11% 5% 8%0% 7% 96% of Corporate advances 35% 88% of SME advances are 7% are externally rated of 35% rated as Low/M
Slide 15: Profit & Loss Account - Q2 FY22
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - Q2 FY 22 Amt in Cr Q1FY22 Q2FY22 QoQ Q2FY21 YoY Q1FY22 Q2FY22 QoQ Q2FY21 YoY Interest Income 495.3 495.9 0% 470.0 6% Operating Profit 174.7 149.4 -15% 119.0 26% Interest Expense 227.5 217.5 -4% 240.7 -10
Slide 16: Profit & Loss Account - H1 FY22
Company Business Digital Earnings Strategy Overview Overview Penetration Profit & Loss Account - H1 FY 22 Amt in Cr H1 FY 21 H1 FY 22 YoY YoY% H1 FY 21 H1 FY 22 YoY YoY% Interest Income 892.6 991.1 98.5 11% Operating Profit 238.0 324.1 86.1 36% Interest Expense 478.1 445.0 -33.1 -7% Provision for NP
Slide 17: Balance Sheet – H1 FY22
Company Business Digital Earnings Strategy Overview Overview Penetration Balance Sheet – H1 FY 22 Amt in Cr 30.09.2020 30.09.2021 YoY (%) 30.06.2021 QoQ (%) Liabilities Capital 173.5 173.5 0% 173.5 0% Reserves & Surplus 1909.6 2189.9 15% 2069.5 6% Deposits 17468.4 19055.5 9% 18652.8 2% Of Which CASA
Slide 18: Asset Quality
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Amt in Cr QoQ movement Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Gross NPA: Movement (3 months) (3 months) (3 months) (3 months) (3 months) Opening Balance of Gross NPA 401 387 235 393 686 Additions 4 - 188 435 205*
Slide 19: Profitability Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Net Interest Income (in Cr) NIM Non interest Income to Total Income QoQ QoQ 5.34% QoQ 276 268 278 5.17% 5.22% 229 251 5.04% 21.40% 11.37% 12.58% 10.76% 4.48% 8.53% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2
Slide 20: Profitability Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Profitability Ratios Opex to Average assets Credit Cost RoA QoQ QoQ QoQ 4.61% 2.02% 3.41% 3.24% 2.73% 2.74% 2.74% 1.74% 1.22% 1.13% 0.96% 1.03% 0.77% 0.20% -0.54% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21
Slide 21: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr 4.88% QoQ 4.11%* 3.21% 2.63%* 3.04% QoQ 1.30% 0.68% 1.17% 2.68% 1.77% 686 587 444 370 387 393 235 164 169 89 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 *Gross
Slide 22: Asset Quality Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Asset Quality Ratios Amt in Cr Provision Coverage Ratio Slippage Ratio 12.20% QoQ 5.76% 84.24% 91.03% 84.89% 70.20% 73.48% 1.53% 0.13% 0.01% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 YoY Re
Slide 23: Share Holders Return & Risk Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holders Return & Risk Ratios EPS (in Rs) Net NPA to Networth QoQ QoQ 22.45% 27.32 17.41% 15.88 14.08 12.24 9.88 9.26% 8.92% 4.89% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 YoY YoY 20.
Slide 24: Share Holders Return & Risk Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Share Holders Return & Risk Ratios RoE Book Value per Share (in Rs) QoQ QoQ 127 22.96% 120 14.48% 117 12.37% 12.65% 114 9.34% 111 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 YoY 14.48% 17.84%
Slide 25: Efficiency Ratios
Company Business Digital Earnings Strategy Overview Overview Penetration Efficiency Ratios Business per Employee (In Cr) Profit per Employee (in Lakhs) QoQ QoQ 8.38 8.26 7.96 9.74 7.48 7.43 5.34 4.11 5.48 7.01 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 YoY YoY 6.
Slide 26: Efficiency Ratios
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% 20.20% 20.81% 21.45% 56.41% 48.47% 48.45% 55.83% 17.16% Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 YoY
Slide 27: Digital Touch Points
Company Business Digital Earnings Strategy Overview Overview Penetration Digital Touch Points 3.54 lacs+ Net 368 ATM 1,644 Installations 5.88 lacs + Debit Cards Banking users Network 3,042+ QR 76,738+ ePassbook 78,660+Prepaid 1.23 lac+ UPI Installations Downloads Cards Downloads 3.24 lacs+ Mobile Ba
Slide 28: Channel Transactions
Company Business Digital Earnings Strategy Overview Overview Penetration Channel Transactions Digital vs Branch No. of txns 162.0 216.00 H1 FY21 H1 FY22 (In lakh) (In lakh) Mobile Banking 3.86 5.89 Internet Banking 6.42 7.91 112.60 68.0 Debit Cards 34.34 40.19 45.444.1 UPI 67.97 162.03 40.2 34.3 45.
Slide 29: Thank You
Thank You… CSB Bank Investor Presentation Q2 FY22
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