Company Overview

CSB Bank Limited (Scrip Code: 542867, Symbol: CSBBANK) submitted an investor presentation detailing its unaudited financial results for the quarter and half year ended September 30, 2026. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 via letter no. SEC/262/2026 dated October 23, 2026, signed by Company Secretary Sijo Varghese.

Performance Highlights – Q2 FY27

Financial Performance:

  • Profit After Tax: ₹183 crore, up 14% YoY (Q2 FY26: ₹160 crore)
  • Net Interest Income: ₹510 crore, up 20% YoY (Q2 FY26: ₹424 crore)
  • Total Income: ₹1,612 crore, up 11% YoY
  • Non-Interest Income: ₹274 crore, up 22% YoY

Business Growth:

  • Balance Sheet Size: ₹60,561 crore, up 21% YoY
  • Gross Advances: ₹42,383 crore, up 22% YoY
  • Deposits: ₹46,889 crore, up 18% YoY
  • Total Business: ₹89,272 crore, up 20% YoY
  • CASA Deposits: ₹8,889 crore, up 6% YoY

Key Ratios:

  • Capital Adequacy Ratio: 19.55% (Q2 FY26: 20.99%)
  • Net NPA: 0.33% (Q2 FY26: 0.52%)
  • Return on Assets: 1.29% (Q2 FY26: 1.33%)
  • Net Interest Margin: 3.81% (unchanged from Q2 FY26)

Half-Yearly Financial Performance (H1 FY27 vs H1 FY26)

  • Profit After Tax: ₹333 crore, up 19% YoY (H1 FY26: ₹279 crore)
  • Net Interest Income: ₹989 crore, up 23% YoY (H1 FY26: ₹803 crore)
  • Total Provisions: ₹80 crore, down 36% YoY (H1 FY26: ₹125 crore)
  • Operating Profit: ₹527 crore, up 5% YoY (H1 FY26: ₹500 crore)

Asset Quality Movement (₹ crore)

Gross NPA Movement Q2 FY27:

  • Opening Balance: ₹715 crore
  • Additions: ₹66 crore
  • Recoveries: ₹25 crore
  • Write-Offs: ₹59 crore
  • Upgradations: ₹26 crore
  • Closing Balance: ₹671 crore

Comparative NPA Trends:

  • Q2 FY27 Gross NPA: ₹671 crore
  • Q1 FY27 Gross NPA: ₹715 crore
  • Q2 FY26 Gross NPA: ₹629 crore

Balance Sheet Position (as of September 30, 2026)

Liabilities:

  • Capital: ₹174 crore (unchanged from previous periods)
  • Reserves & Surplus: ₹5,033 crore (up 11% YoY)
  • Borrowings: ₹6,169 crore (up 43% YoY)
  • Other Liabilities & Provisions: ₹2,296 crore (up 71% YoY)

Assets:

  • Cash & Balance with RBI: ₹4,049 crore (up 67% YoY)
  • Investments: ₹12,402 crore (up 15% YoY)
  • Advances: ₹41,852 crore (up 22% YoY)
  • Fixed Assets: ₹730 crore (up 9% YoY)

Business Strategy - SBS 2030

The bank outlined its strategic roadmap through FY30:

Sustain and Build Phase (Till FY26):

  • Established pan-India operational footprint with 838 branches
  • Developed next-generation technology platform
  • Diversified product portfolio
  • Maintained strategic emphasis on gold loan segment

Building for Scale Phase (FY27 to FY30):

  • Transition to full-service private sector bank
  • Enhance product suite for diverse customer segments
  • Focus on customer centricity, innovation, and collaboration
  • Build connected ecosystem through strategic partnerships

Technology Transformation

The bank highlighted four key technology transformation initiatives:

1. Technology Infrastructure Transformation: Modernized network infrastructure, implemented enterprise backup solution, operationalized 580-seat workspace at Turbhe

2. Surround Systems Transformation: Implemented Lead Acquisition & Management, Retail Customer Onboarding, Retail Loan Origination, API Developer Portal, Government Liquidity Management System

3. Core Systems Transformation: Implemented OBDX Corporate Banking and OFSAA platforms; Oracle Banking Trade Finance Process Management targeted for Q3 FY27 delivery

4. Cybersecurity Systems Transformation: Established robust framework with WAF, DDoS protection, EDR, SIEM; Vulnerability Response System implementation targeted for Q3 FY27

ESG Framework

The bank disclosed its ESG framework covering:

  • Environmental: Energy efficiency, GHG reduction, waste management, digital initiatives
  • Social: Employee welfare, customer experience, community initiatives, cyber security
  • Governance: Board oversight, independent directors, compliance frameworks

Shareholding Pattern (as of September 2026)

  • Promoter (FIHM): 40.00% (69.39 million shares)
  • Mutual Funds: 13.15% (22.82 million shares)
  • Foreign Portfolio Investors: 12.32% (21.38 million shares)
  • CSB ESOS Trust: 2.04% (3.54 million shares)
  • Alternate Investment Funds: 2.48% (4.30 million shares)
  • Others: 30.01% (52.06 million shares)

Board Composition

The presentation detailed the board of directors including Mr. Biswamohan Mahapatra (Non-Executive Independent Chairperson), Mr. Pralay Mondal (MD & CEO), Mr. B K Divakara (Executive Director), and seven other directors. Note: Mr. Sumit Maheshwari ceased to be director effective September 3, 2026.