CSB Bank

CSB Bank Ltd.

NSE: CSBBANK BSE: 542867 SECTOR: Bank - Private  32k   247   38

273.50
-1.05 (-0.38%)
NSE: Today, 01:54 PM

Price Summary

Today's High

₹ 275.95

Today's Low

₹ 272

52 Week High

₹ 297.7

52 Week Low

₹ 178

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 4744.84 Cr.

CASA %

33.66

No. of Shares

17.35 Cr.

P/E

8.67

P/B

1.55

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  175.9

Net Interest Income

₹ 1153.3 Cr.

Cost To Income %

56.17

Promoter Holding

49.72 %

EPS (TTM)

₹  31.55

CAR %

25.9

ROE

20.33 %

ROCE

16.65%

Profit Growth

109.93 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

ROE%

1 Year20.33%
3 Year10.93%
5 Year-1.77%

ROA%

1 Year1.88%
3 Year1%
5 Year0.24%

Net NPA%

1 Year0.68%
3 Year1.25%
5 Year2.1%

 NIM

1 Year4.73%
3 Year4.1%
5 Year3.55%

CAR %

25.9

Cost of Liabilities %

3.98734538960579

PEG Ratio

0.08

Advances Growth %

9.53419060593496

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 49.72 0
Dec 2022 49.72 0
Sep 2022 49.72 0
Jun 2022 49.73 0
Mar 2022 49.72 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 4.1016719250803% since last 3 years.
  • Good Capital Adequacy Ratio of 25.9%.
  • The company has delivered good Profit growth of 62.8956983829938% over the past 3 years.

 Limitations

  • High Cost to income ratio of 56.1659529203864%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 519.56 535.93 555.18 592.05 636.49
Other Income 63.61 54.85 44.94 89.9 126.32
Interest Expended 215.73 225.24 230.21 242.31 288.05
Operating Expenses 225.39 210.82 212.55 246.2 272.88
Total Provisions -34.1 1.68 -3.73 -14.96 -9.2
Profit Before Tax 176.15 153.04 161.09 208.4 211.08
Tax 45.48 38.52 40.54 52.45 54.74
Net Profit 130.67 114.52 120.55 155.95 156.34
Net NPA % 0.68 0.6 0.57 0.42 0.35
Gross NPA % 1.81 1.79 1.65 1.45 1.26
Return on Assets % 2.13 1.75 1.87 2.37 2.23
NPM % 25.15 21.37 21.71 26.34 24.56

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Interest Earned 1296.81 1347.52 1509.89 1872.29 2038.31
Other Income 125.42 135.92 221.61 303.13 246.8
Interest Expended 912 907.56 917.6 930.91 885.01
Operating Expenses 435.9 562.51 533.32 729 786.38
Total Provisions 223.69 313.46 146.58 222.97 -0.51
Profit Before Tax -149.36 -300.1 133.99 292.55 614.23
Taxes -51.89 -102.68 121.27 74.15 155.74
Net Profit -97.47 -197.42 12.72 218.4 458.49
Adjusted EPS (Rs.) -12.04 -22.98 0.73 12.59 26.43

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 81.01 85.97 173.51 173.54 173.54
Total Reserves 808.02 694.38 1787.16 2005.91 2464.41
Deposits 14690.65 15123.87 15790.68 19140.04 20188.3
Borrowings 41.8 0 794 1425.92 2007.19
Other Liabilities 248.57 355.59 318.89 591.16 509.39
Total Liabilities 15870.05 16911.16 18864.24 23337.35 25356.27
Assets
Balance with RBI 677.9 725.41 547.79 736.14 948.24
Balance with Banks 537.24 248.23 391.55 977.93 625.52
Investments 4113.95 4027.61 5359.84 6125.99 7011.62
Advances 9337.36 10615.24 11366.35 14438.12 15814.68
Net Block 216.12 217.73 253.48 269.49 287.86
Other Assets 987.49 1076.95 945.22 789.68 668.35
Total Assets 15870.05 16911.16 18864.24 23337.35 25356.27
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 49.72 49.73 49.72 49.72 49.72
fih mauritius inve... 49.72 49.72 49.72 49.72 49.72
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 50.28 50.27 50.28 50.28 50.28
sbi small cap fund 5.27 4.73 5.39 7.52 7.01
non-resident india... - 7.07 - - -
llp 2.89 0.03 0.03 0.12 0.19
plutus wealth mana... 2.88 2.77 - - -
csb esos trust - - 2.88 2.88 2.88
yusuffali musaliam... 2.17 2.17 - 2.17 2.17
omers administrati... 2.07 2.07 2.07 2.07 2.07
sundaram mutual fu... - - - - -
volrado venture pa... 1.03 1.03 1.03 1.01 1.01
nomura singapore l... 1.84 1.84 1.84 - -
maybank securities... - - - 1.84 1.84
max life insuranc... 1.32 1.65 1.43 1.01 1.11
sundaram mutual fu... 1.47 1.50 - 1.42 1.55
vallabh bhanshali 1.26 1.26 1.26 1.26 1.26
edelweiss trustees... - - - - -
infinity holdings - - - - -
zafar ahmadullah 1.07 1.07 - 1.07 1.07
satpal khattar 1.02 1.02 - 1.02 1.02
lal arakulath sank... 1.01 1.01 - 1.01 1.01
investor education... - - 0.43 0.43 0.43
iepf 0.43 0.43 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

CSB Bank informs about issue of letters of confirmation3 Jun 2023, 11:21AM CSB Bank reports 20% rise in Q4 net profit28 Apr 2023, 2:57PM CSB Bank - Quaterly Results28 Apr 2023, 1:15PM CSB Bank - Quaterly Results28 Apr 2023, 1:15PM CSB Bank - Quaterly Results28 Apr 2023, 1:15PM CSB Bank informs about issue of duplicate share certificate22 Apr 2023, 12:14PM CSB Bank informs about issue of duplicate certificate21 Apr 2023, 4:39PM CSB Bank reports 21% rise in total deposits during fourth quarter of FY233 Apr 2023, 10:23AM CSB Bank informs about analyst meet 16 Mar 2023, 4:03PM CSB Bank informs about loss of share certificate16 Feb 2023, 5:27PM CSB Bank informs about outcome of analyst meet7 Feb 2023, 5:04PM CSB Bank informs about press release31 Jan 2023, 3:27PM CSB Bank - Quaterly Results30 Jan 2023, 12:37PM CSB Bank - Quaterly Results30 Jan 2023, 12:37PM CSB Bank - Quaterly Results30 Jan 2023, 12:37PM CSB Bank reports 19% rise in total deposits during third quarter of FY233 Jan 2023, 10:29AM CSB Bank informs about closure of trading window27 Dec 2022, 1:12PM CSB Bank joins hands with OneCard and Mastercard to launch new cobranded credit card23 Dec 2022, 2:58PM CSB Bank informs about outcome of Institutional investors meet14 Dec 2022, 4:25PM CSB Bank informs about scrutinizer's report 9 Dec 2022, 1:10PM CSB Bank informs about analyst meet intimation17 Nov 2022, 4:40PM Nomura Singapore sells 1.52% stake in CSB Bank27 Oct 2022, 3:08PM CSB Bank reports marginal rise in Q2 net profit25 Oct 2022, 4:54PM CSB Bank informs about audio recordings of the conference call22 Oct 2022, 12:14PM CSB Bank informs about press release21 Oct 2022, 3:07PM CSB Bank - Quaterly Results21 Oct 2022, 1:59PM CSB Bank - Quaterly Results21 Oct 2022, 1:59PM CSB Bank - Quaterly Results21 Oct 2022, 1:59PM CSB Bank informs about analyst meet18 Oct 2022, 2:06PM CSB Bank reports 23.61% rise in gross advance during second quarter of FY233 Oct 2022, 4:13PM CSB Bank informs about analyst meet 14 Sep 2022, 12:34PM CSB Bank informs about loss of share certificate14 Sep 2022, 12:30PM CSB Bank informs about analyst meet7 Sep 2022, 4:50PM CSB Bank informs about annual report5 Sep 2022, 12:52PM CSB Bank informs about analyst meet 25 Aug 2022, 1:43PM CSB Bank informs about credit rating19 Aug 2022, 12:07PM CSB Bank informs about press release22 Jul 2022, 5:27PM CSB Bank informs about analyst meet22 Jul 2022, 3:15PM CSB Bank reports 88% rise in Q1 net profit21 Jul 2022, 3:52PM CSB Bank - Quaterly Results21 Jul 2022, 1:24PM CSB Bank - Quaterly Results21 Jul 2022, 1:24PM CSB Bank - Quaterly Results21 Jul 2022, 1:24PM CSB Bank informs about analyst meet19 Jul 2022, 10:42AM CSB Bank’s gross advance logs 16.16% growth in first quarter of FY234 Jul 2022, 2:06PM CSB Bank informs about audio recordings of the conference call7 May 2022, 11:32AM CSB Bank - Quaterly Results6 May 2022, 3:06PM CSB Bank - Quaterly Results6 May 2022, 3:06PM CSB Bank - Quaterly Results6 May 2022, 3:06PM CSB Bank informs about analyst meet29 Apr 2022, 12:38PM CSB Bank informs about certificate6 Apr 2022, 3:00PM

CSB Bank Stock Price Analysis and Quick Research Report. Is CSB Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how CSB Bank is performing and if it is the right time to buy the stock of CSB Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. CSB Bank has earned Rs 2038.3113 Cr. revenue in the latest financial year. It has posted decent revenue growth of 14.7920096752198 % in last 3 Years.

  • In terms of advances, the bank reported 9.53419060593496 % YOY,  rise . If you see 3 years advance growth, it stands at 14.2116057507552 %.

  • Currently the company has a CASA ratio of 33.6589422901269 %. It’s overall cost of liability stands at 3.98734538960579 %. Also, the total deposits from these accounts stood at Rs 20188.296 Cr.

  • The Bank has a average ROA track record. The ROA of CSB Bank is at 1.88317871419146 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.81 % and 0.68 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -100.230162706017 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of CSB Bank decreased and is currently at Rs 246.8 Cr.

  • The company has a Good Capital Adequacy Ratio of 25.9 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently CSB Bank is trading at a P/B of 1.5535 . The historical average PB was 0.922250081207606.

Brief about CSB Bank

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