Capital Small Finance Bank Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:15 am

Market Cap	1,232 Cr.
Current Price	272
High / Low	469/270
Stock P/E	10.2
Book Value	266
Dividend Yield	0.44 %
ROCE	7.01 %
ROE	12.3 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Capital Small Finance Bank Ltd	1,232 Cr.	272	469/270	10.2	266	0.44 %	7.01 %	12.3 %	10.0
Industry Average	1,232.00 Cr	272.00		10.20	266.00	0.44%	7.01%	12.30%	10.00

All Competitor Stocks of

Quarterly Result

Month	Mar 2021	Mar 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Revenue	132	153	177	179	189	197	204	204	218	224
Interest	79	82	90	94	102	113	117	117	119	123
Expenses	50	60	61	68	60	68	67	70	76	82
Financing Profit	3	11	25	16	27	16	20	17	24	19
Financing Margin %	2%	7%	14%	9%	14%	8%	10%	8%	11%	8%
Other Income	15	16	12	15	13	16	18	21	17	26
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit before tax	18	27	37	32	40	32	38	38	40	44
Tax %	24%	30%	24%	24%	25%	25%	25%	25%	25%	25%
Net Profit	14	19	28	24	30	24	29	28	30	33
EPS in Rs							8.17	6.26	6.66	7.40
Gross NPA %	2.08%	2.50%	2.96%	2.77%	2.81%	2.73%	2.97%	2.76%	2.69%	2.61%
Net NPA %	1.13%	1.36%	1.60%	1.36%	1.37%	1.36%	1.53%	1.40%	1.35%	1.29%

Last Updated: November 6, 2024, 7:05 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:53 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	346	458	511	578	676	794	824
Interest	211	286	313	323	354	449	466
Expenses	128	166	174	209	227	248	281
Financing Profit	7	7	24	46	95	97	77
Financing Margin %	2%	2%	5%	8%	14%	12%	9%
Other Income	31	43	46	54	49	68	71
Depreciation	12	15	16	16	21	17	0
Profit before tax	27	35	54	84	124	148	148
Tax %	28%	27%	24%	26%	25%	25%
Net Profit	19	25	41	63	94	112	111
EPS in Rs						24.76
Dividend Payout %	3%	0%	7%	5%	4%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	31.58%	64.00%	53.66%	49.21%	19.15%
Change in YoY Net Profit Growth (%)	0.00%	32.42%	-10.34%	-4.45%	-30.06%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	18%
3 Years:	16%
TTM:	15%

Compounded Profit Growth
10 Years:	%
5 Years:	42%
3 Years:	40%
TTM:	13%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	14%
Last Year:	12%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:06 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	28	34	34	34	34	45
Reserves	222	373	417	482	576	1,152
Borrowings	4,026	4,868	5,838	6,545	7,282	7,950
Other Liabilities	45	56	83	93	98	148
Total Liabilities	4,321	5,330	6,371	7,154	7,991	9,295
Fixed Assets	84	91	87	84	83	84
CWIP	0	0	0	0	0	0
Investments	863	1,052	1,212	1,357	1,489	1,706
Other Assets	3,375	4,187	5,072	5,713	6,420	7,506
Total Assets	4,321	5,330	6,371	7,154	7,991	9,295

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	8	-80	174	-211	75	113
Cash from Investing Activity +	-31	-22	-12	-13	-202	-162
Cash from Financing Activity +	134	192	197	-120	222	223
Net Cash Flow	111	90	359	-344	94	173

Free Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	124.00	162.00	169.00	203.00	220.00	241.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %		8%	10%	13%	17%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2024	Jun 2024	Sep 2024
Promoters	18.85%	18.85%	18.84%
FIIs	1.38%	1.33%	1.33%
DIIs	33.09%	32.58%	31.71%
Public	46.70%	47.24%	48.12%
No. of Shareholders	89,964	82,280	76,543

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	1,566,472	0.13	60.04	135,744	2024-12-21	1053.99%
WhiteOak Capital Flexi Cap Fund	259,840	0.32	9.96	135,744	2024-12-21	91.42%
360 ONE FlexiCap Fund	213,664	2.05	8.19	135,744	2024-12-21	57.4%
WhiteOak Capital Mid Cap Fund	135,744	0.32	5.2	135,744	2024-12-21	0%
360 ONE Balanced Hybrid Fund	130,798	0.74	4.44	135,744	2024-12-21	-3.64%
WhiteOak Capital Banking & Financial Services Fund	72,837	2.3	2.79	135,744	2024-12-21	-46.34%
WhiteOak Capital Multi Cap Fund	61,888	0.31	2.37	135,744	2024-12-21	-54.41%
WhiteOak Capital Balanced Advantage Fund	58,603	0.26	2.25	135,744	2024-12-21	-56.83%
Whiteoak Capital Large & Mid Cap Fund	17,278	0.07	0.66	135,744	2024-12-21	-87.27%
WhiteOak Capital ELSS Tax Saver Fund	12,608	0.3	0.48	135,744	2024-12-21	-90.71%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Face Value	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	30.65	27.35	18.41	12.04	8.18
Diluted EPS (Rs.)	30.45	27.21	18.22	11.98	8.16
Cash EPS (Rs.)	28.51	33.36	23.11	16.89	12.04
Book Value[Excl.RevalReserv]/Share (Rs.)	265.84	178.27	151.50	132.94	120.32
Book Value[Incl.RevalReserv]/Share (Rs.)	265.84	178.27	151.50	132.94	120.32
Dividend / Share (Rs.)	1.20	1.20	1.00	0.80	0.20
Operating Revenue / Share (Rs.)	176.35	197.36	169.84	150.82	135.51
Net Profit / Share (Rs.)	24.76	27.32	18.38	12.03	7.51
Interest Income / Employee (Rs.)	4234144.46	3738976.77	3517141.12	3168767.04	2783321.99
Net Profit / Employee (Rs.)	594484.54	517676.99	380590.02	252688.97	154204.74
Business / Employee (Rs.)	72241103.94	66312549.78	64970553.53	55439628.25	47113801.94
Interest Income / Branch (Rs.)	44877146.89	39765117.65	35914161.49	32369556.96	30542320.00
Net Profit / Branches (Rs.)	6300864.41	5505647.06	3886273.29	2581265.82	1692140.00
Business / Branches (Rs.)	765674073.45	705253470.59	663426024.84	566326329.11	516995453.33
Net Profit Margin (%)	14.04	13.84	10.82	7.97	5.54
Operating Profit Margin (%)	5.46	6.52	1.44	-0.98	-3.83
Return On Assets (%)	1.19	1.17	0.87	0.64	0.47
Return On Equity / Networth (%)	9.31	15.32	12.13	9.04	6.23
Net Interest Margin (X)	3.71	4.02	3.56	3.11	3.23
Cost To Income (%)	62.51	59.96	63.41	70.75	75.76
Interest Income / Total Assets (%)	8.54	8.45	8.08	8.02	8.59
Non-Interest Income / Total Assets (%)	0.73	0.61	0.75	0.71	0.80
Operating Profit / Total Assets (%)	0.46	0.55	0.11	-0.07	-0.32
Operating Expenses / Total Assets (%)	2.77	2.78	2.74	2.71	3.06
Interest Expenses / Total Assets (%)	4.83	4.43	4.51	4.91	5.35
Enterprise Value (Rs.Cr.)	8954.34	0.00	0.00	0.00	0.00
EV Per Net Sales (X)	11.27	0.00	0.00	0.00	0.00
Price To Book Value (X)	1.31	0.00	0.00	0.00	0.00
Price To Sales (X)	1.98	0.00	0.00	0.00	0.00
Retention Ratios (%)	96.19	96.34	95.65	100.00	97.62
Earnings Yield (X)	0.07	0.00	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 335.19

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.

As of December 22, 2024, is Undervalued by 23.23% compared to the current share price 272.00

Intrinsic Value of as of December 22, 2024 is: 335.19

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
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.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 23.23% compared to the current share price 272.00

Last 5 Year EPS CAGR: 0.00%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

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 :
1. Net Profit Margin: 14.04%
  - 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: 0% (Industry Average ROCE: 7.01%)
  - 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%: 0% (Industry Average ROE: 12.3%)
  - 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): 0
  - 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: 0
  - 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: 10.2 (Industry average Stock P/E: 10.2)
  - 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: 0
  - 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:

About the Company - Qualitative Analysis

Finance - Banks - Private Sector

INDUSTRY	ADDRESS	CONTACT
MIDAS Corporate Park, 3rd Floor, 37, G.T. Road, Jalandhar Punjab 144001	Mr.	Navin%20Kumar%20Maini Part%20Time%20Chairman%20&%20Independent%20Director

Management
Name	Position Held
Mr. Sarvjit Singh Samra	Managing Director & CEO
Mr. Munish Jain	Executive Director
Mr. Srinath Srinivasan	Director
Mr. Mahesh Parasuraman	Director
Mr. Dinesh Gupta	Director
Mr. Gurpreet Singh Chug	Director
Mr. Sham Singh Bains	Director
Mr. Nageswara Rao Yalamanchili	Director
Mr. Balbir Singh	Director
Ms. Rachna Dikshit	Director
Mr. Kamaldeep Singh Sangha	Director
Mr. Sukhen Pal Babuta	Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹335.19, which is 23.23% higher than the current market price of ₹272.00. The stock has a market capitalization of 1,232 Cr. and recorded a high/low of 469/270 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹1,152 Cr and total liabilities of ₹9,295 Cr.

What is the Market Cap of ?

The Market Cap of is 1,232 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 272.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 469/270.

What is the Stock P/E of ?

The Stock P/E of is 10.2.

What is the Book Value of ?

The Book Value of is 266.

What is the Dividend Yield of ?

The Dividend Yield of is 0.44 %.

What is the ROCE of ?

The ROCE of is 7.01 %.

What is the ROE of ?

The ROE of is 12.3 %.

What is the Face Value of ?

The Face Value of is 10.0.