Share Price and Basic Stock Data

Last Updated: November 21, 2024, 8:37 pm

Market Cap	3,501 Cr.
Current Price	94.1
High / Low	154/93.0
Stock P/E	13.1
Book Value	64.6
Dividend Yield	0.00 %
ROCE	10.5 %
ROE	13.5 %
Face Value	10.0
PEG Ratio	0.47

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Fedbank Financial Services Ltd

Competitors of Fedbank Financial Services Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Fedbank Financial Services Ltd	3,501 Cr.	94.1	154/93.0	13.1	64.6	0.00 %	10.5 %	13.5 %	10.0
Industry Average	3,501.00 Cr	94.10		13.10	64.60	0.00%	10.50%	13.50%	10.00

All Competitor Stocks of Fedbank Financial Services Ltd

Quarterly Result

Month	Mar 2021	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Revenue	199	285	309	338	361	395	413	408	477	513
Interest	83	108	125	141	164	167	176	173	202	214
Expenses	75	111	117	124	124	144	156	154	184	207
Financing Profit	40	66	67	73	74	84	82	80	91	92
Financing Margin %	20%	23%	22%	21%	21%	21%	20%	20%	19%	18%
Other Income	1	8	10	-7	6	3	16	20	14	6
Depreciation	8	10	11	11	9	9	10	9	11	12
Profit before tax	33	64	66	55	72	77	88	91	94	86
Tax %	29%	28%	23%	29%	25%	25%	26%	26%	25%	25%
Net Profit	23	46	51	39	54	58	65	68	70	65
EPS in Rs	0.81	1.44	1.59	1.21	1.68	1.80	1.77	1.83	1.89	1.74
Gross NPA %			2.41%	2.03%	2.26%	2.34%	2.19%	1.66%	1.97%	1.87%
Net NPA %			1.95%	1.59%	1.78%	1.83%	1.66%	1.33%	1.60%	1.47%

Last Updated: November 6, 2024, 6:45 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	255	464	692	869	1,180	1,577	1,693
Interest	114	201	313	348	472	680	718
Expenses	83	190	280	359	442	578	638
Financing Profit	58	74	99	162	266	320	336
Financing Margin %	23%	16%	14%	19%	23%	20%	20%
Other Income	0	2	6	14	19	46	53
Depreciation	8	19	27	37	42	37	40
Profit before tax	51	56	77	139	243	328	350
Tax %	29%	30%	20%	26%	26%	25%
Net Profit	36	39	62	103	180	245	261
EPS in Rs	1.57	1.43	2.13	3.22	5.60	6.62	7.29
Dividend Payout %	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	8.33%	58.97%	66.13%	74.76%	36.11%
Change in YoY Net Profit Growth (%)	0.00%	50.64%	7.15%	8.63%	-38.65%

Fedbank Financial Services Ltd 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:	44%
3 Years:	32%
TTM:	29%

Compounded Profit Growth
10 Years:	%
5 Years:	47%
3 Years:	58%
TTM:	26%

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

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	13%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:30 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	230	273	290	322	322	369	372
Reserves	229	418	545	832	1,034	1,891	2,030
Borrowings	1,639	3,307	4,453	5,154	7,270	8,340	9,993
Other Liabilities	53	88	179	248	445	537	239
Total Liabilities	2,151	4,086	5,466	6,556	9,071	11,138	12,634
Fixed Assets	46	107	133	154	146	146	180
CWIP	0	0	1	1	1	0	2
Investments	13	41	32	514	681	751	687
Other Assets	2,092	3,938	5,300	5,887	8,244	10,241	11,766
Total Assets	2,151	4,086	5,466	6,556	9,071	11,138	12,634

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-445	-1,397	-371	-578	-1,474	-776
Cash from Investing Activity +	-55	-69	-71	-417	-130	-100
Cash from Financing Activity +	495	1,599	825	535	1,632	967
Net Cash Flow	-5	133	384	-460	28	92

Free Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	82.00	187.00	276.00	354.00	435.00	570.00

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 %		7%	8%	10%	15%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2023	Mar 2024	Jun 2024
Promoters	61.65%	61.58%	61.35%
FIIs	2.54%	1.05%	0.85%
DIIs	22.64%	23.17%	23.43%
Public	13.17%	14.19%	14.38%
No. of Shareholders	1,68,184	1,55,066	1,46,526

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
Bandhan Small Cap Fund	4,486,062	0.93	54.6	1,070,000	2024-11-20	319.26%
Nippon India Banking & Financial Services Fund	3,657,167	0.75	44.51	1,070,000	2024-11-20	241.79%
Edelweiss Recently Listed IPO Fund	1,070,000	1.38	13.02	1,070,000	2024-11-20	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.22	5.60	3.32	2.19	1.61
Diluted EPS (Rs.)	7.12	5.59	3.31	2.18	1.60
Cash EPS (Rs.)	7.63	6.90	4.36	3.07	2.13
Book Value[Excl.RevalReserv]/Share (Rs.)	61.20	41.73	35.88	28.78	25.28
Book Value[Incl.RevalReserv]/Share (Rs.)	61.20	41.73	35.88	28.78	25.28
Revenue From Operations / Share (Rs.)	42.70	36.62	27.04	23.86	16.44
PBDIT / Share (Rs.)	28.29	23.99	16.28	14.40	10.11
PBIT / Share (Rs.)	27.28	22.69	15.14	13.46	9.40
PBT / Share (Rs.)	8.88	7.55	4.33	2.65	2.05
Net Profit / Share (Rs.)	6.62	5.59	3.22	2.13	1.43
PBDIT Margin (%)	66.25	65.52	60.22	60.33	61.48
PBIT Margin (%)	63.88	61.97	56.00	56.38	57.20
PBT Margin (%)	20.80	20.61	16.01	11.11	12.46
Net Profit Margin (%)	15.51	15.28	11.90	8.91	8.70
Return on Networth / Equity (%)	10.82	13.40	8.96	7.39	5.66
Return on Capital Employeed (%)	43.22	51.46	41.10	45.83	35.44
Return On Assets (%)	2.19	1.98	1.57	1.12	0.95
Total Debt / Equity (X)	3.63	5.31	4.35	5.19	4.67
Asset Turnover Ratio (%)	0.15	0.15	0.14	0.14	0.14
Current Ratio (X)	1.24	1.16	1.18	1.14	1.18
Quick Ratio (X)	1.24	1.16	1.18	1.14	1.18
Interest Coverage Ratio (X)	1.54	1.64	1.51	1.33	1.37
Interest Coverage Ratio (Post Tax) (X)	1.36	1.41	1.30	1.20	1.19
Enterprise Value (Cr.)	12217.94	0.00	0.00	0.00	0.00
EV / Net Operating Revenue (X)	7.75	0.00	0.00	0.00	0.00
EV / EBITDA (X)	11.69	0.00	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	2.66	0.00	0.00	0.00	0.00
Price / BV (X)	1.85	0.00	0.00	0.00	0.00
Price / Net Operating Revenue (X)	2.66	0.00	0.00	0.00	0.00
EarningsYield	0.05	0.00	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Fedbank Financial Services Ltd as of November 21, 2024 is: 116.53

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 November 21, 2024, Fedbank Financial Services Ltd is Undervalued by 23.84% compared to the current share price 94.10

Intrinsic Value of Fedbank Financial Services Ltd as of November 21, 2024 is: 149.04

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 November 21, 2024, Fedbank Financial Services Ltd is Undervalued by 58.38% compared to the current share price 94.10

Last 5 Year EPS CAGR: 27.90%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

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 Fedbank Financial Services Ltd:
1. Net Profit Margin: 15.51%
  - 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: 43.22% (Industry Average ROCE: 10.5%)
  - 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%: 10.82% (Industry Average ROE: 13.5%)
  - 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): 1.36
  - 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: 1.24
  - 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: 13.1 (Industry average Stock P/E: 13.1)
  - 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: 3.63
  - 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

Non-Banking Financial Company (NBFC)

INDUSTRY	ADDRESS	CONTACT
Unit No. 1101, 11th Floor, Cignus, Plot No. 71A, Mumbai Maharashtra 400087	Mr.	Balakrishnan%20Krishnamurthy Chairman%20&%20Ind.Director

Management
Name	Position Held
Mr. Anil Kothuri	Managing Director & CEO
Mr. Shyam Srinivasan	Non Executive Director
Mr. Maninder Singh Juneja	Non Exe. & Nominee Director
Mr. Ashutosh Khajuria	Non Exe. & Nominee Director
Ms. Gauri Rushabh Shah	Independent Director
Mr. Sunil Satyapal Gulati	Independent Director
Mr. Ramesh Sundararajan	Independent Director

FAQ

What is the latest intrinsic value of Fedbank Financial Services Ltd?

The latest intrinsic value of Fedbank Financial Services Ltd as on 21 November 2024 is ₹116.53, which is 23.84% higher than the current market price of ₹94.10.

What is the Market Cap of Fedbank Financial Services Ltd?

The Market Cap of Fedbank Financial Services Ltd is 3,501 Cr..

What is the current Stock Price of Fedbank Financial Services Ltd as on 21 November 2024?

The current stock price of Fedbank Financial Services Ltd as on 21 November 2024 is ₹94.1.

What is the High / Low of Fedbank Financial Services Ltd stocks in FY 2024?

In FY 2024, the High / Low of Fedbank Financial Services Ltd stocks is 154/93.0.

What is the Stock P/E of Fedbank Financial Services Ltd?

The Stock P/E of Fedbank Financial Services Ltd is 13.1.

What is the Book Value of Fedbank Financial Services Ltd?

The Book Value of Fedbank Financial Services Ltd is 64.6.

What is the Dividend Yield of Fedbank Financial Services Ltd?

The Dividend Yield of Fedbank Financial Services Ltd is 0.00 %.

What is the ROCE of Fedbank Financial Services Ltd?

The ROCE of Fedbank Financial Services Ltd is 10.5 %.

What is the ROE of Fedbank Financial Services Ltd?

The ROE of Fedbank Financial Services Ltd is 13.5 %.

What is the Face Value of Fedbank Financial Services Ltd?

The Face Value of Fedbank Financial Services Ltd is 10.0.