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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 542867 | NSE: CSBBANK

CSB Bank Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:05 pm

Market Cap 5,012 Cr.
Current Price 289
High / Low 420/266
Stock P/E9.03
Book Value 0.00
Dividend Yield0.00 %
ROCE46.4 %
ROE16.2 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for CSB Bank Ltd

Competitors of CSB Bank Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Fino Payments Bank Ltd 1,855 Cr. 222 467/20019.8 80.60.00 %14.1 %14.4 % 10.0
Yes Bank Ltd 52,925 Cr. 16.9 28.6/16.124.4 15.00.00 %5.81 %3.11 % 2.00
Ujjivan Small Finance Bank Ltd 6,725 Cr. 34.8 56.7/30.86.92 0.004.32 %11.1 %26.7 % 10.0
South Indian Bank Ltd 6,627 Cr. 25.3 31.8/22.35.28 37.21.18 %51.6 %13.8 % 1.00
Karnataka Bank Ltd 6,781 Cr. 179 245/1625.24 0.003.07 %6.24 %13.7 % 10.0
Industry Average151,231.43 Cr417.9713.1189.461.06%19.84%13.99%6.14

All Competitor Stocks of CSB Bank Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Revenue528520536555592636683687762795832865919
Interest 224216225230242288319344379409470497544
Expenses 157191212209231263307308308376381380391
Financing Profit146113981161188557357510-19-13-15
Financing Margin %28%22%18%21%20%13%8%5%10%1%-2%-2%-2%
Other Income 5264554590126120143125197172199219
Depreciation 0000000000000
Profit before tax 198176153161208211177178200206152186204
Tax % 25%26%25%25%25%26%25%25%25%27%26%26%26%
Net Profit 148131115121156156132133150151113138152
EPS in Rs 8.557.536.606.958.999.017.627.688.648.736.537.988.74
Gross NPA %2.62%1.81%1.79%1.65%1.45%1.26%1.27%1.27%1.22%1.47%1.69%1.68%1.58%
Net NPA %1.36%0.68%0.60%0.57%0.42%0.35%0.32%0.33%0.31%0.51%0.68%0.69%0.64%

Last Updated: March 3, 2025, 4:53 pm

Below is a detailed analysis of the quarterly data for CSB Bank Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Interest, as of Dec 2024, the value is ₹544.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 497.00 Cr. (Sep 2024) to ₹544.00 Cr., marking an increase of ₹47.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹391.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 380.00 Cr. (Sep 2024) to ₹391.00 Cr., marking an increase of ₹11.00 Cr..
  • For Other Income, as of Dec 2024, the value is ₹219.00 Cr.. The value appears strong and on an upward trend. It has increased from 199.00 Cr. (Sep 2024) to ₹219.00 Cr., marking an increase of ₹20.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹204.00 Cr.. The value appears strong and on an upward trend. It has increased from 186.00 Cr. (Sep 2024) to ₹204.00 Cr., marking an increase of ₹18.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00%.
  • For Net Profit, as of Dec 2024, the value is ₹152.00 Cr.. The value appears strong and on an upward trend. It has increased from 138.00 Cr. (Sep 2024) to ₹152.00 Cr., marking an increase of ₹14.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 8.74. The value appears strong and on an upward trend. It has increased from ₹7.98 (Sep 2024) to 8.74, marking an increase of ₹0.76.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:31 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Revenue1,3211,5041,5451,4831,3361,2971,3481,5101,8722,0382,3202,9283,411
Interest 9821,1251,1891,1591,0239129089189318859861,4511,920
Expenses 3944425556435896448596569117488731,2441,529
Financing Profit-55-63-199-319-275-259-419-6430405461233-38
Financing Margin %-4%-4%-13%-22%-21%-20%-31%-4%2%20%20%8%-1%
Other Income 95117127105281125136222303247316584787
Depreciation 77111415161724413843560
Profit before tax 3347-82-228-9-149-300134293614734761749
Tax % 19%34%-35%-34%-117%-35%-34%90%25%25%25%26%
Net Profit 2731-53-1502-97-19713218458547567555
EPS in Rs 6.367.40-8.81-20.880.19-12.04-22.980.7312.5926.4331.5532.6731.98
Dividend Payout % 24%14%-0%-0%-0%-0%-0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)14.81%-270.97%-183.02%101.33%-4950.00%-103.09%106.60%1576.92%110.09%19.43%3.66%
Change in YoY Net Profit Growth (%)0.00%-285.78%87.95%284.35%-5051.33%4846.91%209.69%1470.32%-1466.83%-90.66%-15.78%

CSB Bank Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 14, 2024, 3:47 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital 42426072818186174174174174174
Reserves 5385788288219188081,3461,7872,0072,4783,0303,630
Borrowings 12,54114,22914,52014,48014,95314,73215,12416,58520,56622,19525,28931,476
Other Liabilities 328316351279271249356319591509670776
Total Liabilities 13,44915,16515,76015,65216,22315,87016,91118,86423,33725,35629,16236,056
Fixed Assets 4348175215215216218253269288319406
CWIP 000000000000
Investments 3,3015,1324,4275,9875,7624,1144,0285,3606,1267,0125,8497,551
Other Assets 10,1059,98511,1589,45010,24611,54012,66613,25116,94218,05722,99428,099
Total Assets 13,44915,16515,76015,65216,22315,87016,91118,86423,33725,35629,16236,056

Below is a detailed analysis of the balance sheet data for CSB Bank Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2024, the value is ₹174.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹174.00 Cr..
  • For Reserves, as of Mar 2024, the value is ₹3,630.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,030.00 Cr. (Mar 2023) to ₹3,630.00 Cr., marking an increase of 600.00 Cr..
  • For Borrowings, as of Mar 2024, the value is ₹31,476.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from ₹25,289.00 Cr. (Mar 2023) to ₹31,476.00 Cr., marking an increase of 6,187.00 Cr..
  • For Other Liabilities, as of Mar 2024, the value is ₹776.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹670.00 Cr. (Mar 2023) to ₹776.00 Cr., marking an increase of 106.00 Cr..
  • For Total Liabilities, as of Mar 2024, the value is ₹36,056.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹29,162.00 Cr. (Mar 2023) to ₹36,056.00 Cr., marking an increase of 6,894.00 Cr..
  • For Fixed Assets, as of Mar 2024, the value is ₹406.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹319.00 Cr. (Mar 2023) to ₹406.00 Cr., marking an increase of 87.00 Cr..
  • For CWIP, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
  • For Investments, as of Mar 2024, the value is ₹7,551.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,849.00 Cr. (Mar 2023) to ₹7,551.00 Cr., marking an increase of 1,702.00 Cr..
  • For Other Assets, as of Mar 2024, the value is ₹28,099.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹22,994.00 Cr. (Mar 2023) to ₹28,099.00 Cr., marking an increase of 5,105.00 Cr..
  • For Total Assets, as of Mar 2024, the value is ₹36,056.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹29,162.00 Cr. (Mar 2023) to ₹36,056.00 Cr., marking an increase of 6,894.00 Cr..

However, the Borrowings (31,476.00 Cr.) are higher than the Reserves (₹3,630.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow382.00428.00541.00629.00575.00630.00844.00640.00891.00726.00848.00-30.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %5%5%-7%-17%0%-10%-24%1%11%19%19%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters49.72%49.72%49.72%49.72%49.72%49.72%49.72%49.72%49.72%40.00%40.00%40.00%
FIIs5.02%5.06%5.16%5.37%5.73%5.89%4.65%4.62%4.93%12.42%12.71%12.80%
DIIs12.37%11.22%10.49%11.92%11.61%12.19%14.35%16.07%15.94%18.71%17.59%17.06%
Public30.01%31.12%31.75%30.10%30.07%29.32%28.43%26.74%26.80%26.34%27.18%27.63%
Others2.88%2.88%2.88%2.88%2.88%2.88%2.88%2.86%2.62%2.54%2.53%2.52%
No. of Shareholders54,23557,61356,84256,80156,75257,08755,52962,95863,49767,00476,57978,654

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Small Cap Fund11,000,0001.48410.14864,3582025-03-071172.62%
SBI Magnum Global Fund4,100,0002.43152.87864,3582025-03-07374.34%
ICICI Prudential Multicap Fund1,258,9760.446.94864,3582025-03-0745.65%
SBI Magnum Childrens Benefit Fund - Investment Plan1,000,0001.9337.29864,3582025-03-0715.69%
UTI MNC Fund998,3601.3137.22864,3582025-03-0715.5%
Sundaram Small Cap Fund985,6761.1736.75864,3582025-03-0714.04%
PGIM India Small Cap Fund864,3582.2132.23864,3582025-03-070%
Sundaram Services Fund816,1260.930.43864,3582025-03-07-5.58%
Edelweiss Small Cap Fund803,6680.8929.96864,3582025-03-07-7.02%
Sundaram Financial Services Opportunities Fund730,9652.1727.25864,3582025-03-07-15.43%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.) 32.6731.5526.4312.590.88
Diluted EPS (Rs.) 32.6731.5526.4312.590.88
Cash EPS (Rs.) 35.8634.0328.6114.932.09
Book Value[Excl.RevalReserv]/Share (Rs.) 209.05175.85143.96116.73104.00
Book Value[Incl.RevalReserv]/Share (Rs.) 219.18184.61152.78125.63113.00
Operating Revenue / Share (Rs.)168.70133.67117.46107.8987.02
Net Profit / Share (Rs.) 32.6631.5426.4212.590.73
Interest Income / Employee (Rs.)3723187.463390810.414371244.484479173.444712504.68
Net Profit / Employee (Rs.)720872.19800118.99983259.70522488.5239715.04
Business / Employee (Rs.)68745236.3066008561.9177209900.0680330538.2884759777.78
Interest Income / Branch (Rs.)37580774.0732996492.1833802840.8036568251.9536736897.81
Net Profit / Branches (Rs.)7276274.717786079.667603548.924265628.91309603.41
Business / Branches (Rs.)693894471.12642339362.73597064285.24655823535.16660755055.96
Net Profit Margin (%) 19.3623.5922.4911.660.84
Operating Profit Margin (%)-0.599.9710.38-9.74-13.83
Return On Assets (%) 1.571.871.800.930.06
Return On Equity / Networth (%)15.6217.9318.3510.780.70
Net Interest Margin (X)4.094.574.544.033.13
Cost To Income (%)62.1557.1256.1654.3165.52
Interest Income / Total Assets (%)8.117.958.038.028.00
Non-Interest Income / Total Assets (%)1.621.080.971.711.17
Operating Profit / Total Assets (%)-0.040.790.83-0.78-1.10
Operating Expenses / Total Assets (%)3.553.233.103.122.82
Interest Expenses / Total Assets (%)4.023.383.493.984.86
Enterprise Value (Rs.Cr.)34530.6528085.3124919.3123868.0618092.96
EV Per Net Sales (X)11.8012.1112.2312.7511.98
Price To Book Value (X)1.691.401.471.991.14
Price To Sales (X)2.101.841.802.161.36
Retention Ratios (%) 100.00100.00100.00100.00100.00
Earnings Yield (X)0.090.120.120.050.01

After reviewing the key financial ratios for CSB Bank Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For Basic EPS (Rs.), as of Mar 24, the value is 32.67. This value is within the healthy range. It has increased from 31.55 (Mar 23) to 32.67, marking an increase of 1.12.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 32.67. This value is within the healthy range. It has increased from 31.55 (Mar 23) to 32.67, marking an increase of 1.12.
  • For Cash EPS (Rs.), as of Mar 24, the value is 35.86. This value is within the healthy range. It has increased from 34.03 (Mar 23) to 35.86, marking an increase of 1.83.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 209.05. It has increased from 175.85 (Mar 23) to 209.05, marking an increase of 33.20.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 219.18. It has increased from 184.61 (Mar 23) to 219.18, marking an increase of 34.57.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 32.66. This value is within the healthy range. It has increased from 31.54 (Mar 23) to 32.66, marking an increase of 1.12.
  • For Net Profit Margin (%), as of Mar 24, the value is 19.36. This value exceeds the healthy maximum of 10. It has decreased from 23.59 (Mar 23) to 19.36, marking a decrease of 4.23.
  • For Return On Assets (%), as of Mar 24, the value is 1.57. This value is below the healthy minimum of 5. It has decreased from 1.87 (Mar 23) to 1.57, marking a decrease of 0.30.
  • For Retention Ratios (%), as of Mar 24, the value is 100.00. This value exceeds the healthy maximum of 70. There is no change compared to the previous period (Mar 23) which recorded 100.00.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Error: Data is incomplete for fair value calculation.

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CSB Bank Ltd:
    1. Net Profit Margin: 19.36%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 0% (Industry Average ROCE: 19.84%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 0% (Industry Average ROE: 13.99%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 9.03 (Industry average Stock P/E: 13.11)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

CSB Bank Ltd. is a Public Limited Listed company incorporated on 26/11/1920 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L65191KL1920PLC000175 and registration number is 000175. Currently Company is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company's Total Operating Revenue is Rs. 2927.54 Cr. and Equity Capital is Rs. 173.54 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Finance - Banks - Private Sector'CSB Bhavan', Thrissur Kerala 680020investors@csb.co.in
http://www.csb.co.in
Management
NamePosition Held
Ms. Bhama KrishnamurthyChairman(NonExe.&Ind.Director)
Mr. Pralay MondalManaging Director & CEO
Mr. B K DivakaraExecutive Director
Mr. Madhavan MenonNon Executive Director
Mr. Sumit MaheshwariNon Executive Director
Ms. Sharmila Abhay KarveIndependent Director
Mr. Sudhin ChokseyIndependent Director
Mr. Sharad Kumar SaxenaIndependent Director
Ms. Renu KohliIndependent Director
Mr. Deepak MaheshwariIndependent Director

FAQ

What is the latest intrinsic value of CSB Bank Ltd?

The latest intrinsic value of CSB Bank Ltd as on 11 March 2025 is ₹262.87, which is 9.04% lower than the current market price of 289.00, indicating the stock is overvalued by 9.04%. The intrinsic value of CSB Bank Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹5,012 Cr. and recorded a high/low of ₹420/266 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹3,630 Cr and total liabilities of ₹36,056 Cr.

What is the Market Cap of CSB Bank Ltd?

The Market Cap of CSB Bank Ltd is 5,012 Cr..

What is the current Stock Price of CSB Bank Ltd as on 11 March 2025?

The current stock price of CSB Bank Ltd as on 11 March 2025 is ₹289.

What is the High / Low of CSB Bank Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of CSB Bank Ltd stocks is ₹420/266.

What is the Stock P/E of CSB Bank Ltd?

The Stock P/E of CSB Bank Ltd is 9.03.

What is the Book Value of CSB Bank Ltd?

The Book Value of CSB Bank Ltd is 0.00.

What is the Dividend Yield of CSB Bank Ltd?

The Dividend Yield of CSB Bank Ltd is 0.00 %.

What is the ROCE of CSB Bank Ltd?

The ROCE of CSB Bank Ltd is 46.4 %.

What is the ROE of CSB Bank Ltd?

The ROE of CSB Bank Ltd is 16.2 %.

What is the Face Value of CSB Bank Ltd?

The Face Value of CSB Bank Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in CSB Bank Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE