CSB Bank Ltd
About
CSB Bank Limited, established on November 26, 1920, is Kerala’s oldest private sector bank. Headquartered in Thrissur, Kerala, the bank is led by Mr. Pralay Mondal, Managing Director & CEO. CSB Bank is owned by Fairfax India Holdings Corporation, part of the Fairfax Group, and continues to expand its footprint while delivering customer-centric banking solutions.CSB Bank operates 813 branches and 785 ATMs across India, organized under 11 zonal offices for efficient administration. It provides banking and financial services, including international money transfers and wealth management through mutual funds. The bank has strategic partnerships with Edelweiss Tokio Life Insurance, ICICI Prudential, HDFC Life, ICICI Lombard, Reliance General, Go Digit, and Aditya Birla Health Insurance to offer insurance solutions to customers. Additionally, it has collaborated with One Card and MasterCard to launch a co-branded credit card.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3512 33.2% | 2636 15.3% | 2285 5.0% | 2175 25.6% | 1732 16.7% | 1483 4.3% | 1422 -12.1% | 1617 1.9% | 1588 -5.0% | 1672 3.1% | 1621 14.5% | 1415 21.9% | 1161 38.8% | 837 28.3% | 652 -1.2% | 660 - |
| Net Operating Income (INR Cr) | 2928 26.21% | 2320 13.80% | 2038 8.87% | 1872 24.00% | 1510 12.05% | 1348 3.91% | 1297 -2.95% | 1336 -9.89% | 1483 -3.99% | 1545 2.70% | 1504 13.86% | 1321 22.80% | 1076 41.13% | 762 31.87% | 578 3.83% | 557 - |
| Profit (INR Cr) | 567 3.6% | 547 19.4% | 458 109.9% | 218 1617.0% | 13 - | -197 - | -97 - | 2 - | -150 - | -53 - | 31 16.3% | 27 2.2% | 26 30.4% | 20 - | -6 - | 37 - |
| Assets (INR Cr) | 36068 23.6% | 29173 15.0% | 25366 8.7% | 23345 23.7% | 18874 11.5% | 16924 6.6% | 15882 -2.2% | 16236 3.7% | 15665 -0.9% | 15800 4.2% | 15165 12.8% | 13449 12.3% | 11975 22.7% | 9760 28.2% | 7613 8.1% | 7040 - |
| Net Worth (INR Cr) | 3628 18.9% | 3052 22.2% | 2498 23.3% | 2026 12.3% | 1804 41.7% | 1274 74.6% | 730 -12.7% | 835 14.9% | 727 -4.9% | 765 23.3% | 620 6.9% | 580 17.2% | 495 3.9% | 477 57.7% | 302 -13.0% | 347 31.8% |
| Employee Cost (INR Cr) | 715 28.0% | 559 15.9% | 482 -2.9% | 496 49.8% | 331 -13.8% | 384 34.0% | 287 -2.3% | 294 -3.0% | 303 -1.7% | 308 9.3% | 282 15.9% | 243 14.6% | 212 6.4% | 199 47.8% | 135 13.1% | 119 - |
| Interest Cost (INR Cr) | 1451 | 986 | 885 | 931 | 918 | 908 | 912 | 1023 | 1159 | 1189 | 1125 | 982 | 769 | 514 | 455 | 391 |
| Cash & Bank Balance (INR Cr) | 3155 | 1837 | 1574 | 1714 | 939 | 974 | 1215 | 1211 | 726 | 799 | 1074 | 1065 | 971 | 700 | 706 | 948 |
| Total Debt (INR Cr) | 31476 | 25289 | 22195 | 20566 | 16585 | 15124 | 14732 | 14953 | 14480 | 14520 | 14229 | 12541 | 11180 | 9049 | 7071 | 6426 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 16.1% | 20.8% | 20.1% | 10.0% | 0.7% | - | - | 0.1% | - | - | 1.9% | 1.9% | 2.2% | 2.4% | - | 5.6% |
| Profit As % Of Assets | 1.6% | 1.9% | 1.8% | 0.9% | 0.1% | - | - | 0.0% | - | - | 0.2% | 0.2% | 0.2% | 0.2% | - | 0.5% |
| Profit As % Of Networth | 15.6% | 17.9% | 18.4% | 10.8% | 0.7% | - | - | 0.2% | - | - | 5.0% | 4.6% | 5.3% | 4.2% | - | 10.7% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 17.0% | 19.0% | 17.5% | 9.0% | 0.7% | - | - | 0.2% | - | - | 5.1% | 4.9% | 5.4% | 5.1% | - | 12.2% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |