Minerva Capital Research Solutions

CSB Bank

NSE: CSBBANKBSE: 542867
Compare with peers
₹ 309.25▼ 2.45 (−0.79%)28 Oct, 03:29 pm IST
Market cap
₹ 5,421 Cr.
P/E
7.8x
P/B
1.08x
52-week range
294.15 – 574.4
ROE
13%
Dividend yield
0%
Debt / equity
1.48
Sector
Banks
Industry
Private Sector Bank
Listed on
NSE, BSE

About

CSB Bank Limited (the Bank) is an India-based company that operates as a private sector bank. The Bank operates through four segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. It offers various products and services, including personal banking, premier banking, loans, non-resident Indian (NRI) banking, agri/ financial inclusion (FI) banking, small and medium-sized enterprises banking and corporate banking. The Bank offers various accounts, such as savings accounts, current accounts, fixed deposits, and other services. It also offers various loans, including retail loans, two-wheeler loans, gold loans, and home loans. It offers various NRI banking solutions, such as non-resident ordinary accounts, non-resident (external) rupee accounts (NRE), rupee accounts foreign currency (Non-Resident) account (banks) scheme (FCNR (B) accounts) and resident foreign currency accounts (RFC). Agri-banking includes financial literacy and credit counsellors.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Private Sector Bank: 20 companies →

CSB Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)7.8 against a typical 12.2: cheaper than most peers (1st = cheapest).4th of 20
  • Sales growth+20.7% against a typical +16.2% from a year earlier.4th of 20
  • Profit growth+14.4% against a typical +34.9% from a year earlier.16th of 19
  • Share price, 3 months−7.1% against a typical −5.9%.12th of 20
  • Size₹ 5,421.2 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).16th of 17

Latest announcements

Exchange filings and their impact on the company.

  • 23 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +2% that day
    Q2 profit up 14% YoY on 21% NII growth and halved credit costs with GNPA down to 1.58%.

    CSB Bank reported Q2 FY27 net profit of Rs 182.7 crore, up 14% from Rs 160.3 crore a year ago, on total income of Rs 1612.5 crore. Interest earned grew 20.7% YoY while provisions fell 53% YoY to Rs 30 crore. Asset quality improved with Gross NPA at 1.58% and Net NPA at 0.33%, versus 1.81% and 0.52% last year, supporting continued earnings momentum.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A by 2 agencies
A
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
India RatingsIND AStable13 Aug 2026
CRISILCrisil AStable20 May 2026
Credit rating actions
RatingDetails
13 Aug 2026
▼ Outlook cut
IND A
Outlook Positive → Stable
—India Ratings₹ 500 Cr.
20 May 2026
Reaffirmed
Crisil A—CRISIL₹ 5,000 Cr.
14 Aug 2025
Rating action
IND A—India Ratings₹ 500 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
23 Oct 2026Financial ResultsTo consider and approve the unaudited financial results of the Bank for the quarter and half year ended September 30, 2026
22 Jul 2026Financial ResultsTo consider and approve the unaudited financial results of the Bank for the quarter ended June 30, 2026
4 May 2026Financial ResultsTo consider and approve the audited financial results of the Bank for the quarter and financial year ended March 31, 2026
28 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
5 Nov 2025Financial ResultsTo consider and approve the unaudited financial results of the Bank for the quarter and half year ended September 30, 2025
13 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change −25.88%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue7627958328659199811,0411,1091,1541,2011,2871,339
Interest379409470497544610662686701737809829
Expenses308376381380391496465557524500506538
Financing Profit7510−19−13−15−125−85−134−71−36−27−28
Financing Margin %10%1%−2%−2%−2%−13%−8%−12%−6%−3%−2%−2%
Other Income125197172199219381245349276306229274
Depreciation000000000000
Profit before tax200206152186204257160216205271202246
Tax %25%27%26%26%26%26%26%26%26%26%26%26%
Net Profit150151113138152190119160153202150183
EPS in Rs8.648.736.537.988.7410.986.849.248.811.628.6510.53
Gross NPA %1.2%1.5%1.7%1.7%1.6%1.6%1.8%1.8%2%1.7%1.8%1.6%
Net NPA %0.3%0.5%0.7%0.7%0.6%0.5%0.7%0.5%0.7%0.4%0.4%0.3%

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
12%
5 Years
19%
3 Years
25%
TTM
23%
Compounded Profit Growth
10 Years
20%
5 Years
24%
3 Years
5%
TTM
11%
Stock Price CAGR
10 Years
—
5 Years
1%
3 Years
−1%
TTM
—
Return on Equity
10 Years
11%
5 Years
16%
3 Years
15%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
40%
0 pts in a year
FIIs
12.33%
−1.9 pts in a year
DIIs
15.69%
−0.41 pts in a year
Public
29.94%
+2.65 pts in a year
Others
2.04%
−0.35 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 7.8xEPS (12 months) ₹ 39.60Median P/E 10.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
CSB Bank₹ 309.25₹ 5,421 Cr.7.8x1.1x13%—
HDFC Bank₹ 692.10₹ 10,66,990 Cr.16.5x2.2x13.7%25.6%
ICICI Bank₹ 1,395.00₹ 10,01,336 Cr.19.3x2.9x16%25.9%
State Bank of India₹ 957.00₹ 8,83,384 Cr.11.8x1.6x15.4%21.4%
Kotak Mahindra Bank₹ 430.10₹ 4,27,849 Cr.20.2x2.1x11.4%24.5%
Union Bank of India₹ 178.50₹ 1,36,260 Cr.6.6x1x15.8%33.2%

Management

Pralay Mondal
Chief Executive Officer, Managing Director, Executive Director
Satish Gundewar
Chief Financial Officer
Chinmay Adhikari
Chief Human Resources Officer
Sijo Varghese
Company Secretary, Compliance Officer
B.K. Divakara
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.