CSB Bank (CSBBANK) investor relations material

Executive summary

• Q1 FY27 profit after tax reached ₹150 crore (₹15,004 lakhs), up 27% year-over-year, with operating profit and net interest income also rising significantly.

• Deposits grew 26% year-over-year to ₹45,415 crore, and gross advances rose 24% to ₹40,867 crore, both outpacing industry averages.

• Gold loans remain 54% of the portfolio (₹21,906 crore), but the bank aims to reduce this to 30% by 2030 as other segments grow.

• Technology transformation completed, enabling new product launches, improved transaction banking, and digital penetration reaching 95.96% of transactions.

• Unaudited financial results for Q1 FY27 were reviewed and approved by the Board and auditors, with an unmodified review report.

Financial highlights

• Net interest income for Q1 FY27 was ₹479 crore, up 26% year-over-year; total income reached ₹151,607 lakhs.

• Cost-to-income ratio for Q1 FY27 was 64.55%-64.70%, marginally lower than last year.

• Other income fell 7% year-over-year due to lower treasury gains; excluding treasury, other income grew 13%.

• EPS for Q1 FY27 was ₹47 (basic and diluted ₹8.65 per share in statutory results).

• Net profit for Q1 FY27 stood at ₹15,004 lakhs, up from ₹11,860 lakhs in Q1 FY26.

Outlook and guidance

• ROA guidance for FY27 is 1.3%-1.5%, with internal targets at 1.5%.

• ROE is expected to reach or exceed 15% by year-end.

• Strategic focus on scaling to a mid-sized, new-age bank with national presence by 2030.

• Emphasis on digital transformation, risk management, and expanding product suite.

• CASA ratio expected to improve from FY28 as retail franchise builds.