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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 541153 | NSE: BANDHANBNK

Fundamental Analysis of Bandhan Bank Ltd

About the Company - Bandhan Bank Ltd

Bandhan Bank Ltd. is a Public Limited Listed company incorporated on 23/12/2014 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L67190WB2014PLC204622 and registration number is 204622. 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. 13871.12 Cr. and Equity Capital is Rs. 1610.77 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - Banks - Private SectorDN 32, Sector V, Kolkata West Bengal 700091investors@bandhanbank.com
https://www.bandhanbank.com
Management
NamePosition Held
Dr. Anup Kumar SinhaNon Exe.Ind.Chairman
Mr. Chandra Shekhar GhoshManaging Director & CEO
Mr. Ratan Kumar KeshExecutive Director
Mr. Suhail ChanderIndependent Director
Dr. Aparajita MitraIndependent Director
Mr. Subrata Dutta GuptaIndependent Director
Mr. Philip MathewIndependent Director
Dr. Allamraju Subramanyu RamasastriIndependent Director
Mr. N V P TendulkarIndependent Director
Mr. Vijay N BhattIndependent Director
Mr. Santanu MukherjeeIndependent Director
Dr. Holger Dirk MichaelisNominee Director
Mr. Divya KrishnanNominee Director

Bandhan Bank Ltd. Share Price Update

Share PriceValue
Today₹182.95
Previous Day₹182.65

Basic Stock Data of Bandhan Bank Ltd

Last Updated: April 8, 2024, 9:14 am

Market Cap 29,883 Cr.
Current Price 186
High / Low272/173
Stock P/E10.0
Book Value 122
Dividend Yield0.82 %
ROCE6.67 %
ROE11.9 %
Face Value 10.0

Data Source: screener.in

Competitors of Bandhan Bank Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Kotak Mahindra Bank Ltd 3,60,420 Cr. 1,8132,064/1,66720.7 5630.08 %6.86 %14.3 % 5.00
Karur Vysya Bank Ltd 15,431 Cr. 192205/93.010.4 1071.04 %5.61 %13.7 % 2.00
Ujjivan Small Finance Bank Ltd 10,550 Cr. 53.863.0/26.28.36 20.52.32 %10.6 %33.3 % 10.0
REC Ltd 15,648 Cr. 258301/13914.4 2260.58 %5.46 %6.74 % 10.0
Jammu & Kashmir Bank Ltd 15,163 Cr. 138152/49.89.42 95.90.36 %4.92 %13.1 % 1.00
Industry Average83,442.40 Cr490.9612.66202.480.88%6.69%16.23%5.60

Bandhan Bank Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue3,3083,0013,4103,1813,4093,8724,0553,7733,8084,2684,5234,4924,665
Interest1,2361,2441,2961,2451,2841,3321,5411,5801,7271,7962,0322,0492,140
Expenses1,7892,4092,2356,4911,6899881,6662,3962,7332,0401,9162,0362,099
Financing Profit283-652-121-4,5564351,552848-203-653432575407426
Financing Margin %9%-22%-4%-143%13%40%21%-5%-17%10%13%9%9%
Other Income5627876175277099643304761,033629385540545
Depreciation0000000000000
Profit before tax845135496-4,0291,1442,5171,1782733811,061960947971
Tax %25%24%25%25%25%24%25%23%24%24%25%24%25%
Net Profit633103373-3,0098591,902886209291808721721733
EPS in Rs3.930.642.32-18.685.3311.815.501.301.805.024.484.484.55
Gross NPA %1.11%6.81%8.18%10.82%10.81%6.46%7.25%7.19%7.15%4.87%6.76%7.32%7.02%
Net NPA %0.26%3.51%3.29%3.04%3.01%1.66%1.92%1.86%1.86%1.17%2.18%2.32%2.21%

Last Updated: April 6, 2024, 9:31 am

Bandhan Bank Ltd Quarterly Chart

Bandhan Bank Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue01,5813,9094,8026,64310,88512,52413,87215,90517,091
Interest06491,5051,7702,1484,5624,9615,1576,6457,605
Expenses66331,0441,5972,4673,7396,53411,2988,6938,725
Financing Profit-62991,3601,4362,0282,5841,029-2,584567761
Financing Margin %19%35%30%31%24%8%-19%4%4%
Other Income81504117061,0631,5492,0222,8222,4692,588
Depreciation036678678801031101430
Profit before tax24141,7042,0563,0134,0532,9491292,8933,349
Tax %75%33%35%35%35%25%25%2%24%
Net Profit12751,1121,3461,9523,0242,2051262,1952,541
EPS in Rs0.012.5110.1511.2816.3618.7813.690.7813.6215.78
Dividend Payout %0%0%0%9%18%0%7%0%11%

Bandhan Bank Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)27400.00%304.36%21.04%45.02%54.92%-27.08%-94.29%1642.06%
Change in YoY Net Profit Growth (%)0.00%-27095.64%-283.32%23.98%9.90%-82.00%-67.20%1736.35%

Bandhan Bank Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:27%
3 Years:13%
TTM:16%
Compounded Profit Growth
10 Years:%
5 Years:10%
3 Years:-10%
TTM:-9%
Stock Price CAGR
10 Years:%
5 Years:-19%
3 Years:-20%
1 Year:-13%
Return on Equity
10 Years:%
5 Years:13%
3 Years:9%
Last Year:12%

Bandhan Bank Ltd Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital5011,0951,0951,1931,1931,6101,6111,6111,6111,611
Reserves12,2393,3518,18910,00913,58515,79815,77017,973
Borrowings015,14024,25834,15443,75373,46194,933116,252132,780
Other Liabilities251,2821,5327741,4873,0622,6755,3623,406
Total Liabilities52719,75630,23644,31056,44291,718115,016138,995155,770
Fixed Assets0237252238222347432415509
CWIP1080001092255173346
Investments03,7585,5168,37210,03715,35225,15529,07932,366
Other Assets41815,76124,46835,70046,07375,99789,374109,329122,549
Total Assets52719,75630,23644,31056,44291,718115,016138,995155,770

Bandhan Bank Ltd Reserves and Borrowings Chart

Bandhan Bank Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8,885-2,5992,6956,583-909902-4,245
Cash from Investing Activity -2,671-2,237-2,373-4,187-1,804-612-1,618
Cash from Financing Activity -2,0232,8461051545882,8034,791
Net Cash Flow4,192-1,9894272,550-2,1253,093-1,071

Bandhan Bank Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %14%29%19%19%23%14%1%12%

Bandhan Bank Ltd Financial Efficiency Indicators Chart

Bandhan Bank Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters39.99%39.99%39.99%39.99%39.99%39.99%39.99%39.99%39.99%39.99%39.98%39.98%
FIIs34.91%35.44%33.61%34.60%34.31%35.64%34.20%32.39%31.93%33.53%32.78%34.75%
DIIs1.91%1.97%2.50%1.94%4.56%7.13%12.50%12.46%13.24%12.40%17.45%14.79%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.07%0.07%0.07%0.07%0.07%0.07%
Public23.19%22.60%23.90%23.47%21.14%17.25%13.25%15.09%14.77%14.02%9.73%10.42%
No. of Shareholders4,71,8774,78,8975,47,3525,43,0124,58,1634,31,9204,66,3875,27,5035,28,8764,87,8555,32,1575,50,138

Bandhan Bank Ltd Shareholding Pattern Chart

No. of Bandhan Bank Ltd Shareholders

Bandhan Bank Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Aditya Birla Sun Life Frontline Equity Fund116026421.23291.92
Nippon India Focused Equity Fund65245602.3164.16
SBI Arbitrage Opportunities Fund61825000.73155.55
Aditya Birla Sun Life Focused Fund54184032.18136.33
ICICI Prudential Equity - Arbitrage Fund53575000.96134.79
Invesco India Arbitrage Fund53525001.65134.67
Kotak Multicap Fund53177432.12133.79
Aditya Birla Sun Life ELSS Tax Relief 9651520290.91129.63
Nippon India Banking & Financial Services Fund51066162.77128.48
Kotak Small Cap Fund - Regular Plan39816880.81100.18

Bandhan Bank Ltd ROCE Trend

Bandhan Bank Ltd EPS Trend

Bandhan Bank Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.)13.620.7813.7018.7816.36
Diluted EPS (Rs.)13.620.7813.6918.7616.34
Cash EPS (Rs.)14.511.4614.3319.2817.01
Book Value[Excl.RevalReserv]/Share (Rs.)121.58107.91108.0894.3793.89
Book Value[Incl.RevalReserv]/Share (Rs.)121.58107.91108.0894.3793.89
Dividend / Share (Rs.)0.000.001.000.003.00
Operating Revenue / Share (Rs.)98.7386.1177.7667.6055.68
Net Profit / Share (Rs.)13.620.7813.6918.7816.36
Interest Income / Employee (Rs.)2281813.952303751.842532958.192738488.892054099.75
Net Profit / Employee (Rs.)314860.1220892.20446042.45760688.69603395.55
Business / Employee (Rs.)30533712.3231606440.6532275275.7131122377.6725624579.19
Interest Income / Branch (Rs.)112719345.15116662070.65109191035.54106930189.9467376971.78
Net Profit / Branches (Rs.)15553777.461057981.5019228046.1429702726.4519792108.44
Business / Branches (Rs.)1508335092.841600551217.831391326074.731215240188.87840517383.45
Net Profit Margin (%)13.790.9017.6027.7729.37
Operating Profit Margin (%)-1.72-19.440.7613.5413.37
Return On Assets (%)1.400.091.913.293.45
Return On Equity / Networth (%)11.200.7212.6619.8917.42
Net Interest Margin (X)5.946.276.576.897.96
Cost To Income (%)51.8868.3551.0238.9946.80
Interest Income / Total Assets (%)10.219.9810.8911.8611.77
Non-Interest Income / Total Assets (%)1.582.031.831.681.88
Operating Profit / Total Assets (%)-0.17-1.940.081.601.57
Operating Expenses / Total Assets (%)2.972.532.442.643.20
Interest Expenses / Total Assets (%)4.263.714.314.973.80
Enterprise Value (Rs.Cr.)156977.62160824.22144256.2499908.47102504.70
EV Per Net Sales (X)9.8711.5911.529.1815.43
Price To Book Value (X)1.612.853.132.165.59
Price To Sales (X)1.983.574.363.019.43
Retention Ratios (%)100.00-28.04100.00100.0092.63
Earnings Yield (X)0.060.000.040.090.03

Bandhan Bank Ltd Profitability Ratios (%)

Bandhan Bank Ltd Liquidity Ratios

Bandhan Bank Ltd Liquidity Ratios (%)

Bandhan Bank Ltd Interest Coverage Ratios (X)

Bandhan Bank Ltd Valuation Ratios

Fair Value / Intrinsic Value of Bandhan Bank Ltd

Fair Value: 146.37

The stock is overvalued by 21.31% compared to the current price ₹186

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of Bandhan Bank Ltd

Unable to fetch valid data for stock valuation.

Should I Buy Bandhan Bank Ltd Share Now?

  • 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 Bandhan Bank Ltd:
    1. Net Profit Margin: 13.79%
      • 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: N/A% (Industry Average ROCE: 6.87%)
      • 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%: N/A% (Industry Average ROE: 15.2%)
      • 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): N/A
      • 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: N/A
      • 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: 10.0 (Industry average Stock P/E: 21.72)
      • 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: N/A
      • 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: ★★★★☆

FAQ

What is the latest fair value of Bandhan Bank Ltd?

The latest fair value of Bandhan Bank Ltd is 146.37.

What is the Market Cap of Bandhan Bank Ltd?

The Market Cap of Bandhan Bank Ltd is 29,883 Cr..

What is the current Stock Price of Bandhan Bank Ltd as on 13 April 2024?

The current stock price of Bandhan Bank Ltd as on 13 April 2024 is 186.

What is the High / Low of Bandhan Bank Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bandhan Bank Ltd stocks is ₹272/173.

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

The Stock P/E of Bandhan Bank Ltd is 10.0.

What is the Book Value of Bandhan Bank Ltd?

The Book Value of Bandhan Bank Ltd is 122.

What is the Dividend Yield of Bandhan Bank Ltd?

The Dividend Yield of Bandhan Bank Ltd is 0.82 %.

What is the ROCE of Bandhan Bank Ltd?

The ROCE of Bandhan Bank Ltd is 6.67 %.

What is the ROE of Bandhan Bank Ltd?

The ROE of Bandhan Bank Ltd is 11.9 %.

What is the Face Value of Bandhan Bank Ltd?

The Face Value of Bandhan Bank Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Bandhan 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