CSB Bank Ltd.
Snapshot View

184.25 -2.00 ▼-1.1%

25 May 2022, 04:01:00 PM
Volume: 17,930

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.csb.co.in
Market Cap 3,200.81 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 26.43 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 6.98 Trailing Twelve Months Ending 2022-03
Industry PE 20.47 Trailing Twelve Months Ending 2022-03
Book Value / Share 144.00 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.28 Calculated using Price: 184.50
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 17.35 Cr. 173,485,827 Shares
FaceValue 10
Company Profile

The Bank was incorporated on November 26, 1920 under the Indian Companies Act, 1913 as ‘The Catholic Syrian Bank Limited’. A fresh certificate of incorporation under the Companies Act, 1956 was issued by the Registrar of Companies, Kerala at Ernakulum (RoC) on April 14, 1987. The Shareholders of Bank approved the change of the name of Bank from ‘The Catholic Syrian Bank Limited’ to ‘CSB Bank Limited’ through a postal ballot resolution dated May 4, 2019. RBI through its letter dated April 1, 2019 conveyed its ‘no objection’ in terms of Section 49B of the Banking Regulation Act to the change of name of Bank from ‘The Catholic Syrian Bank Limited’ to ‘CSB Bank Limited’. Subsequently, a fresh certificate of incorporation under the Companies Act, 2013 was issued by the RoC on June 10, 2019 and a fresh license bearing no. MUM-147 dated June 28, 2019 was issued by the RBI under Bank’s new name to carry on the banking business in India, in lieu of Bank’s previous license dated June 19, 1969. The name of Bank was changed to ‘CSB Bank Limited’ from “The Catholic Syrian Bank Limited”, in the second schedule of the RBI Act with effect from June 10, 2019.

CSB Bank is one of the oldest private sector banks in India with a history of over 98 years and has a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka, and Maharashtra. It offers a wide range of products and services to its overall customer base of 1.3 million as on September 30, 2019, with particular focus on SME, Retail, and NRI customers. It delivers its products and services through multiple channels, including 412 branches (excluding three service branches and three asset recovery branches) and 290 ATMs spread across 16 states and four union territories as on September 30, 2019, and various alternate channels such as micro ATMs, debit cards, internet banking, mobile banking, point of sale services and UPI. While the bank has a long operating history as a traditional bank, it is currently focusing on implementation of strategic changes in its business model to function efficiently as a full service new age private sector bank backed by its new marquee investor - FIHM, its Promoter.

Business area of the bank

Under its SME banking business, the bank caters to financial institutions, agriculture and allied businesses, and vendors and dealers of corporates. It offers a wide range of products including term loans, working capital loans, invoice/bill discounting, letters of credit and bank guarantees. Under its retail banking business, it offers a wide range of loan and deposit products to its retail and NRI customers. Its retail lending products include gold loans, vehicle loans including two wheeler loans, loans against properties, personal loans, housing loans, agricultural loans, and education loans. Under its wholesale banking business, the bank caters to large and mid-size corporates and other business entities (with credit requirement of Rs 250 million and above). Besides, the banks treasury operations primarily consist of statutory reserves management, asset liability management, liquidity management, investment and trading of securities, and money market and foreign exchange activities.

Major Events & Milestones

  • 1920: Incorporation of bank.
  • 1964-65: The bank took over the assets and liabilities of six small and medium sized banks located in Kerala.
  • 1969: The Bank was included in the second schedule to the RBI Act.
  • 1972: Opened first branch in the state of Maharashtra in Mumbai.
  • 1973: Opened first branch in the state of Karnataka in Bengaluru.
  • 1975: Received license to deal in foreign exchange and mechanized reconciliation of inter-branch transactions.
  • 2003: Changed the logo and colour scheme to create a new image of bank.
  • 2004: Total business (advances plus deposits) crossed Rs 50,000 million.
  • 2009: Total business (advances plus deposits) crossed Rs 100,000 million.
  • 2015: Obtained approval of the FIPB for increasing the FDI limit in bank to 74% of the paid up share capital of bank.
  • 2015: Public launch of mobile banking.
  • 2018: RBI accorded its approval to FIHM to acquire 51% of the post issue paid up share capital of bank.
  • 2019: Established bank’s two wheeler loan business.
  • 2019: The bank changed its name, logo and color scheme.
  • 2020: CSB Bank has entered into a partnership with non-banking finance company, IIFL Finance (IIFL) for sourcing and managing retail gold loan assets.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.07%
1 Week
-3.05%
1 Month
-15.44%
3 Month
-15.21%
6 Month
-34.70%
1 Year
-41.42%
2 Year
+57.75%
5 Year
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 5.64 4.21 -7.55 -20.08 0.20 -12.46 -29.20 1.05 11.42
Return on Assets (%) 0.25 0.19 -0.34 -0.95 0.01 -0.61 -1.20 0.07 1.04
Net Interest Margin 2.57 2.54 2.32 2.22 2.08 2.62 2.82 3.35 4.23
Interest Spread (%) 7.09 9.37 8.12 10.88 9.62 7.70 6.69 7.75 8.44
Yield on Advances (%) 14.92 17.27 16.31 18.88 16.46 13.89 12.69 13.28 12.97

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 758 770 888 893 999 889 1,432 1,961 2,180 2,651
Minority Int.
Deposits 12,342 13,674 14,474 14,438 14,912 14,691 15,124 15,791 19,140 20,188
Borrowings 199 556 45 42 42 42 794 1,426 2,007
Other Liab. 322 316 354 279 271 249 356 319 591 509
Total Liab. 13,620 15,316 15,762 15,652 16,223 15,870 16,911 18,864 23,337 25,356
Fixed Assets 169 173 175 215 215 216 218 253 269 288
Investments 3,301 5,132 5,053 5,987 5,762 4,114 4,028 5,360 6,126 7,012
Advances 8,852 8,707 9,472 7,853 8,119 9,337 10,615 11,366 14,438 15,815
Cash & Bank 1,065 1,074 799 726 1,211 1,215 974 939 1,714 1,574
Other Assets 233 229 263 871 916 987 1,077 945 790 668
Total Assets 13,620 15,316 15,762 15,652 16,223 15,870 16,911 18,864 23,337 25,356

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Interest Earned 1,321 1,504 1,545 1,483 1,336 1,297 1,348 1,510 1,872 2,038
Other Income 95 117 127 105 281 125 136 222 401 252
Total Income 1,415 1,621 1,672 1,588 1,618 1,422 1,483 1,732 2,273 2,290
Operating Exp. -332 -401 -433 -432 -443 -436 -563 -533 -729 -786
Provisions -60 -55 -132 -225 -161 -224 -313 -147 -321 -5
PBIT 1,024 1,166 1,106 931 1,014 763 607 1,052 1,223 1,499
Interest -982 -1,125 -1,189 -1,159 -1,023 -912 -908 -918 -931 -885
Tax -9 -14 29 79 10 52 103 -121 -74 -156
PAT 33 27 -53 -150 2 -97 -197 13 218 458
Adjusted EPS 8 6 -9 -21 0 -12 -23 1 13 26

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 247 60 53 -356 -166 395 27 -893 -1,109 1,374
Cash Fr. Inv. -7 -13 -16 -16 -13 -17 -18 -22 -235 -1,231
Cash Fr. Finan. 31 46 -28 97 106 106 -5 674 1,310 632
Net Change 271 94 9 -276 -72 485 4 -242 -34 775
Cash & Cash Eqvt 971 1,065 1,074 799 726 1,211 1,215 974 939 1,714

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 49.73 49.73 49.73 49.74 49.72 49.72 49.72 49.72 49.72
Public 50.27 50.27 50.27 50.26 50.28 50.28 50.28 50.28 50.28
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 24 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the financial year ended March 31 2022
Thu, 19 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for Loss of Original Share Certificates
Tue, 17 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Issue of Letter(s) of Confirmation in lieu of Duplicate Share Certificates

Technical Scans View Details

Wed, 25 May 2022
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 6 Months High Decrease 6 Months
High Decrease 1 Year High Decrease 1 Year

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