Q1FY25 Quarterly Result Announced for Capital Small Finance Bank Ltd.
Capital Small Finance Bank announced Q1FY25 results: Balance Sheet growth: Total Business increases by 13% to Rs 14,168 crore in Q1FY25 from Rs 12,584 crore in Q1FY24 Gross Advances increases by 4% QoQ and 16% YoY to Rs 6,391 crore in Q1FY25. Deposit increased by 4% QoQ and 10% YoY to Rs 7,778 crore in Q1FY25. CASA is 39.5% in Q1FY25 against 38.3% in Q4-FY24 Total Net Worth stood at Rs 1,231 crore in Q1 FY-‘25. Average CD ratio increased from 78.3% in Q4FY24 to 79.6% in Q1FY25 with outstanding CD ratio of 82.2% as on June 30, 2024. Profitability Growth: Net Interest Income increased by 14% QoQ to Rs 99 crore in Q1FY25 from Rs 87 crore in Q4FY24. Profit after Tax increases to Rs 30.02 crore from Rs 28.21 crore in Q4FY24 with QoQ growth of 6%. NIM increased to 4.2% in Q1FY25 against 3.8% in Q4 FY24. ROA increased to 1.3% in Q1FY25 against 1.2% in Q4FY24 Other Aspects: Capital Adequacy Ratio has increased to 26.25% in Q1FY25 compared to 20.81% in Q1FY24. Gross NPA and Net NPA of 2.7% and 1.3% respectively in Q1FY25 against 2.8% and 1.4% in Q4FY24. Almost NIL write-offs & ZERO NPA Sell-off since inception Collection efficiency of 98.6% Secured Advance portfolio of 99.80% Sarvjit Singh Samra, MD & CEO of Capital Small Finance Bank said, “Our growth journey, re-energized with growth capital infusion has started showing upright progress, with growth in gross advances of ~12% and disbursement of Rs1400 crore + + (during last six months, post growth capital infusion). During the quarter, advances and deposits grown by ~4% QoQ and stood at Rs6,391 crore and Rs 7,778 crore respectively, with PAT for the quarter of Rs30 crore. The RoA for Q1FY25 is 1.3%. Advance and deposit growth during the quarter are in line with Bank’s estimate, despite sequential decline in advances historically during Q1. We are confident of growing loan book as initially targeted for the year with ROTA expansion. The progress is attributed to the dedication of our team, the trust of our valued customers and our commitment to stakeholders. Through tailored financial solutions, we aim to help MSMEs, farmers, and the middle-income group to achieve their financial goals, driving sustainable growth and delivering enduring value to our stakeholders.” Result PDF31-07-2024