Capital Small Finance Bank Unlisted Shares

CAPITAL SMALL FINANCE BANK Unlisted Shares

Capital Small Finance Bank Limited, India’s 1st Small Finance Bank, started operations on April 24, 2016. Capital Local Area Bank along with nine other entities was granted in-principle approval by the Reserve Bank of India to set up ‘Small Finance Bank’ on September 16, 2015. Capital Local Area Bank, the largest Local Area Bank in the country, before conversion to ‘Small Finance Bank’ has been into operations for last 16 years with excellent performance in all spheres.

Capital Small Finance Bank Limited is a Non-govt company, incorporated on 31 May, 1999. It’s a public unlisted company and is classified as ‘company limited by shares’.

Company’s authorized capital stands at Rs 3500.0 lakhs and has 81.37355% paid-up capital which is Rs 2848.07 lakhs. Capital Small Finance Bank Limited last annual general meet (AGM) happened on 22 Jul, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).

Capital Small Finance Bank Limited is majorly in Finance business from last 20 years and currently, company operations are active. Current board members & directors are RANBIR SINGH, GURDEEP SINGH, SARVJIT SINGH SAMRA, BHAGWANT SINGH SANGHA, SANTOKH SINGH CHHOKAR, INDER KRISHAN SARDANA, MADAN SHARMA GOPAL, HARMESH KHANNA, SUKHPAL SINGH GILL and RAKESH SONI.

Promoters And Management:
1. Chairman, Inder Krishna Sardana
2. Managing Director and CEO, Sarvjit Singh Samra
3. Chief Operating Officer and Chief Financial Officer, Munish Jain

Shareholding Pattern:
The Prominent Shareholders in the Capital Small Finance Bank as on 31.03.2020

1. HDFC Life Insurance
2. Pi Venture LLP
3. Small Industries Development Bank of India
4. ICICI Prudential Life Insurance Co. Limited.
5. Oman India Joint Investment Fund

Top Shareholders other than Promoters
Name	No. of Shares	% of shareholding
Santokh Singh Chhokar	17,60,000	5.21%
Pi Ventures LLP	16.86.980	4.99%
Oman India Joint Investment Fund	33,46,914	9.90%
HDFC Standard Life Insurance	13,94,400	4.12%
Small Industries Development Bank of India	13,49,650	3.99%
ICICI Prudential	13,22,400	3.91%

In FY19-20, Oman India Joint Investment Fund has invested in the company at Rs.245 per share.

Financials of Capital Small Finance Bank Unlisted Shares:

(i) Business Analysis

Particulars (in Crores)	2021	2020	2019	2018	2017	2016
Deposit	5221	4446	3667	2850	2375	1814
Advances	3763	3325	2608	1852	1369	1148
Total Business	8984	7772	6276.04	4702	3744	2962
Net Worth	447	402	250.32	233	190	114

(ii) Profitability Analysis

Particulars(Cr)	2021	2020	2019	2018	2017	2016
Total Income	557	501	377.6	293	243	202
Operating profit	72	52	34	32	23	21
Net Profit	41	25	19	19	15	13

(iii) Ratio Analysis

Particulars	2021	2020	2019	2018	2017	2016
EPS	12.04	8.18	6.82	6.86	6.53	6.7
Book Value	132	119	87.89	82	70	49
CAR	19.80%	19.11%	17.47%	19.66%	22.95%	17.20%
Gross NPAs	2.08%	1.76%	1.30%	1.14%	1.02%	0.73%
Net NPAs	1.13%	0.93%	0.93%	0.84%	0.72%	0.45%

Financial Performance of Bank:

(i) The Bank is growing at an exponential pace. The Compounded Annual growth (CAGR) for the last three years ended on March 31, 2019, in Deposits at 24.18%, Advances at 38.01%, Total Business at 29.41%, and maintaining CASA at 38.39% as on March 31, 2019, is depicting strong performance all around.
(ii) The operating profits are showing a healthy growth rate. There is exponential growth in branch network from 47 from the eve of conversion to 129 as on March 31, 2019. The Bank has expanded its branch network as part of a calibrated strategy to enhance branch network aggressively in the first couple of years of post-conversion to small finance banks and that too in larger centers so they can able to grow business rapidly.
(iii) The present exponential growth in branch expansion has increased the operating expenditure of the bank which has resulted in almost similar Net Profit in FY18-19 than the previous year despite healthy growth in business i.e 28.65% growth in Deposits and 40.79% growth in advances.
(iv) The Bank has taken this calibrated call of first expanding branch network in major industrial hubs of the states to boost its CD ratio and later enhance the penetration into tier II and III cities. A branch typically takes around 18-24 months to become profitable and in the next year i.e 2019-20, a decent number of newer branches shall become profitable which is going to boost its profitability big time.
(v) Going forward, the focus is going to shift to improving margins and enhance presence in tier II and tier III cities so that the branch network gets a complete fillip. The Business Plan of the Bank clearly depicts the focus turning on improving the bottom line, profitability, and return ratios for the next couple of years.

Capital Small Finance Bank Limited Details
CIN : U65110PB1999PLC022634
Date of Incorporation: 31 May, 1999
Status : Active
Company Category : Company limited by Shares
Company Sub-category :Non-govt company
Company Class : Public
Business Activity : Finance
Authorized Capital: 3500.0 lakhs
Paid-up Capital : 2848.07 lakhs
Paid-up Capital : % 81.37355
Registrar Office City : Chandigarh
Registered State : Punjab
Registration Number : 22634
Registration Date : 31 May, 1999
Listing Status : Unlisted
AGM last held on : 22 Jul, 2017
Balance Sheet last updated on : 31 Mar, 2017

1175CSFBL30	SBIN	DCBBANK	LAKSHVILAS

LTP	—	320.80	204.35	70.50

Change %	—	0.75	-0.29	9.98

52 W H/L	–/–	325.85/232.00	208.50/139.50	121.75/54.80

Results (in Cr.) View in (Million)	—	Dec – 18	Dec – 18	Dec – 18

Sales	—	62,276.61	777.30	701.36

PAT	—	3,954.81	86.10	-373.49

Equity	—	892.46	309.30	256.07

Face Value	1,000,000.00	1.00	10.00	10.00

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