Karnataka Bank Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Karnataka Bank Ltd?

Karnataka Bank Ltd is trading at 230.00 as of 25 April 2026, with a FY2026-2027 high of 239 and low of 163. The stock is currently near its 52-week high. Market cap stands at 8,705 Cr..

Q: Is Karnataka Bank Ltd financially healthy?

Key indicators: ROCE of 6.33 % is on the lower side. Dividend yield is 2.17 %.

Q: Is Karnataka Bank Ltd profitable and how is the profit trend?

Karnataka Bank Ltd reported a net profit of 1,272 Cr in Mar 2025 on revenue of 9,014 Cr. Compared to 509 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹227.80Fairly Valued by 0.96%vs CMP ₹230.00

P/E (7.5) × ROE (11.1%) × BV (₹333.00) × DY (2.17%)

₹337.61Undervalued by 46.79%vs CMP ₹230.00

MoS: +31.9% (Strong)Confidence: 56/100 (Moderate)Models: 6 Under, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹258.14	26%	Under (+12.2%)
Graham Number	Earnings	₹478.43	19%	Under (+108%)
Earnings Power	Earnings	₹277.94	13%	Under (+20.8%)
DCF	Cash Flow	₹578.67	16%	Under (+151.6%)
Net Asset Value	Assets	₹332.62	8%	Under (+44.6%)
EV/EBITDA	Enterprise	₹22.46	10%	Over (-90.2%)
Earnings Yield	Earnings	₹305.50	8%	Under (+32.8%)
Consensus (7 models)		₹337.61	100%	Undervalued

Key Drivers: Wide model spread (₹22–₹579) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 13.3%

*Investments are subject to market risks

Analyst Summary

Karnataka Bank Ltd operates in the Finance - Banks - Private Sector segment, NSE: KTKBANK | BSE: 532652, current market price is ₹230.00, market cap is 8,705 Cr.. At a glance, stock P/E is 7.54, ROE is 11.1 %, ROCE is 6.33 %, book value is 333, dividend yield is 2.17 %. The latest intrinsic value estimate is ₹337.61, which is about 46.8% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹9,014 Cr versus the prior period change of 8.6%, while latest net profit is about ₹1,272 Cr with a prior-period change of -2.6%. The 52-week range shown on this page is 239/163, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisKarnataka Bank Ltd. is a Public Limited Listed company incorporated on 18/02/1924 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L851…

This summary is generated from the stock page data available for Karnataka Bank Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Karnataka Bank Ltd scores 49/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health57/100 · Moderate

ROCE 6.3% WeakROE 11.1% AverageD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money20/100 · Weak

FII holding down -1.19% (6mo) SellingDII holding down 2.32% MF selling

Earnings Quality50/100 · Moderate

Quarterly Momentum40/100 · Moderate

Profit (4Q): -11% YoY Declining

Industry Rank65/100 · Strong

P/E 7.5 vs industry 18.3 Cheaper than peersROCE 6.3% vs industry 6.7% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:48 am

Market Cap	8,705 Cr.
Current Price	230
Intrinsic Value	₹337.61
High / Low	239/163
Stock P/E	7.54
Book Value	333
Dividend Yield	2.17 %
ROCE	6.33 %
ROE	11.1 %
Face Value	10.0
PEG Ratio	0.57

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Karnataka Bank Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Karnataka Bank Ltd	8,705 Cr.	230	239/163	7.54	333	2.17 %	6.33 %	11.1 %	10.0
South Indian Bank Ltd	9,517 Cr.	36.4	46.8/22.1	6.85	42.1	1.10 %	6.50 %	13.8 %	1.00
Equitas Small Finance Bank Ltd	7,443 Cr.	65.2	73.4/50.0		51.4	0.00 %	6.85 %	2.43 %	10.0
Ujjivan Small Finance Bank Ltd	10,417 Cr.	53.6	68.0/32.9	21.1	32.1	0.00 %	8.53 %	12.4 %	10.0
CSB Bank Ltd	6,638 Cr.	383	575/322	10.7	271	0.00 %	7.11 %	14.3 %	10.0
Industry Average	146,084.78 Cr	329.58		18.30	218.18	0.59%	6.69%	11.47%	6.30

All Competitor Stocks of Karnataka Bank Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	1,851	1,969	1,959	2,027	2,113	2,201	2,278	2,234	2,243	2,258	2,261	2,179	2,220
Interest	1,016	1,109	1,144	1,204	1,285	1,367	1,375	1,401	1,450	1,478	1,506	1,451	1,428
Expenses	672	823	689	670	758	938	664	674	736	865	757	652	737
Financing Profit	162	37	126	153	70	-104	239	159	57	-84	-2	77	55
Financing Margin %	9%	2%	6%	8%	3%	-5%	11%	7%	3%	-4%	-0%	4%	2%
Other Income	205	395	324	250	326	419	279	270	292	428	358	343	302
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	367	432	450	402	396	315	518	429	349	344	356	420	357
Tax %	18%	18%	18%	18%	16%	13%	23%	22%	19%	27%	18%	24%	19%
Net Profit	301	354	371	330	331	274	400	336	284	252	292	319	291
EPS in Rs	9.64	11.33	11.87	10.56	9.55	7.27	10.61	8.90	7.50	6.68	7.74	8.44	7.69
Gross NPA %	3.28%	3.74%	3.68%	3.47%	3.64%	3.53%	3.54%	3.21%	3.11%	3.08%	3.46%	3.33%	3.32%
Net NPA %	1.66%	1.70%	1.43%	1.36%	1.55%	1.58%	1.66%	1.46%	1.39%	1.31%	1.44%	1.35%	1.31%

Last Updated: March 3, 2026, 2:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:11 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	4,189	4,698	4,992	5,185	5,424	5,906	6,475	6,232	6,222	7,220	8,299	9,014	8,919
Interest	3,133	3,530	3,689	3,695	3,566	4,001	4,444	4,049	3,731	4,035	5,000	5,703	5,863
Expenses	1,127	1,131	1,275	1,782	2,452	2,245	2,706	2,902	2,677	2,650	2,983	2,854	3,011
Financing Profit	-71	38	27	-292	-594	-340	-676	-719	-186	535	316	456	45
Financing Margin %	-2%	1%	1%	-6%	-11%	-6%	-10%	-12%	-3%	7%	4%	5%	1%
Other Income	506	507	543	809	954	1,002	1,262	1,404	954	993	1,319	1,270	1,432
Depreciation	26	-14	42	50	50	54	64	74	74	86	72	85	0
Profit before tax	409	559	528	468	310	608	522	612	695	1,441	1,563	1,641	1,477
Tax %	24%	19%	21%	3%	-5%	21%	17%	21%	27%	18%	16%	22%
Net Profit	311	451	415	452	326	477	432	483	509	1,180	1,306	1,272	1,155
EPS in Rs	10.01	14.52	13.35	14.55	10.47	15.35	13.89	15.52	16.35	37.79	34.63	33.67	30.55
Dividend Payout %	24%	21%	23%	25%	26%	21%	0%	12%	24%	13%	16%	15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	45.02%	-7.98%	8.92%	-27.88%	46.32%	-9.43%	11.81%	5.38%	131.83%	10.68%	-2.60%
Change in YoY Net Profit Growth (%)	0.00%	-53.00%	16.90%	-36.79%	74.20%	-55.75%	21.24%	-6.42%	126.44%	-121.15%	-13.28%

Karnataka Bank Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	7%
3 Years:	13%
TTM:	4%

Compounded Profit Growth
10 Years:	11%
5 Years:	24%
3 Years:	36%
TTM:	-13%

Stock Price CAGR
10 Years:	8%
5 Years:	31%
3 Years:	32%
1 Year:	-22%

Return on Equity
10 Years:	10%
5 Years:	11%
3 Years:	13%
Last Year:	11%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: December 10, 2025, 3:32 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	188	188	188	283	283	283	311	311	311	312	377	378	378
Reserves	2,864	3,201	3,502	4,860	5,128	5,503	5,660	6,331	6,784	7,901	10,471	11,707	12,211
Deposits	41,183	46,609	50,488	56,733	62,871	68,452	71,785	75,655	80,387	87,368	97,988	104,807	102,817
Borrowing	1,315	438	1,051	833	816	3,326	4,065	1,765	2,314	1,563	4,400	1,941	1,309
Other Liabilities	1,479	1,401	1,270	1,330	1,276	1,483	1,493	1,553	1,789	1,914	2,848	2,128	1,971
Total Liabilities	47,029	51,837	56,500	64,039	70,374	79,046	83,313	85,615	91,584	99,058	116,085	120,962	118,686
Fixed Assets	197	292	307	721	762	775	826	838	805	846	915	976	1,069
CWIP	0	0	0	0	0	0	0	1	13	29	13	14	0
Investments	15,227	14,032	16,257	20,220	15,444	16,185	17,545	21,635	22,041	23,326	24,302	24,537	26,599
Other Assets	31,605	37,513	39,937	43,098	54,168	62,086	64,942	63,142	68,725	74,857	90,855	95,435	91,018
Total Assets	47,029	51,837	56,500	64,039	70,374	79,046	83,313	85,615	91,584	99,058	116,085	120,962	118,686

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	404	648	636	-184	721	-2,231	-90	3,369	-467	1,830	681	210
Cash from Investing Activity +	-54	-80	-58	-40	-91	-68	-56	-87	-56	-87	-369	-691
Cash from Financing Activity +	34	-291	-147	453	-303	2,307	-545	-885	-355	-20	1,582	412
Net Cash Flow	384	277	431	229	327	9	-690	2,396	-879	1,723	1,894	-69
Free Cash Flow	350	568	578	-224	630	-2,299	-146	3,282	-523	1,743	570	49
CFO/OP	19%	27%	22%	2%	35%	-55%	3%	111%	-6%	47%	20%	9%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-40.00	-45.00	-49.00	-55.00	-60.00	-66.00	-69.00	-73.00	-78.00	-85.00	-95.00	-102.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE %	10%	14%	12%	10%	6%	9%	7%	8%	7%	15%	14%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
FIIs	20.30%	21.03%	22.67%	19.03%	18.86%	14.72%	10.29%	11.22%	12.88%	15.66%	14.60%	11.69%
DIIs	5.74%	6.00%	8.60%	17.69%	23.06%	22.85%	22.05%	20.23%	18.16%	17.01%	16.11%	15.84%
Public	73.95%	72.95%	68.71%	63.26%	58.08%	62.43%	67.67%	68.55%	68.97%	67.33%	69.27%	72.46%
No. of Shareholders	2,35,104	2,42,125	2,59,521	2,67,637	3,00,872	3,43,797	3,56,774	3,74,588	3,99,569	4,04,405	4,10,790	4,10,590

Shareholding Pattern Chart

No. of Shareholders

Karnataka Bank Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	14,754,512	1.08	299.34	8,930,000	2025-11-03 00:27:29	65.22%
Bandhan Small Cap Fund	12,150,618	1.2	246.51	11,907,618	2026-03-23 07:07:50	2.04%
HSBC Flexi Cap Fund	2,612,507	1	53	1,897,260	2026-03-23 07:07:50	37.7%
ICICI Prudential Retirement Fund - Pure Equity	239,600	0.28	4.86	239,600	2025-04-22 16:26:38	0%
Taurus Banking And Financial Services Fund	21,319	3.64	0.43	10,794	2026-01-26 03:11:25	97.51%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
Face Value	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	33.70	39.85	37.87	16.36	15.52
Diluted EPS (Rs.)	33.63	39.67	37.64	16.29	15.47
Cash EPS (Rs.)	35.93	36.54	40.53	18.69	17.88
Book Value[Excl.RevalReserv]/Share (Rs.)	306.54	274.15	246.57	213.23	198.69
Book Value[Incl.RevalReserv]/Share (Rs.)	319.75	287.53	262.91	227.97	213.66
Operating Revenue / Share (Rs.)	238.49	219.97	231.16	199.94	200.48
Net Profit / Share (Rs.)	33.68	34.63	37.77	16.32	15.52
Net Profit After MI / Share (Rs.)	33.68	34.63	37.77	16.32	15.52
Net Profit Margin (%)	14.12	15.74	16.33	8.16	7.74
Net Profit After MI And SOA Nargin (%)	14.12	15.74	16.33	8.16	7.74
Operating Profit Margin (%)	27.79	28.29	28.23	14.74	13.11
Return On Assets (%)	1.05	1.12	1.19	0.55	0.56
Return On Equity / Networth (%)	10.98	12.63	15.31	7.65	7.81
Net Interest Margin (X)	2.73	2.84	3.21	2.70	2.55
Cost To Income (%)	60.09	53.14	47.15	52.58	45.65
Interest Income / Total Assets (%)	7.45	7.14	7.28	6.75	7.28
Non-Interest Income / Total Assets (%)	1.04	1.13	1.00	1.03	1.74
Operating Profit / Total Assets (%)	0.00	-0.01	0.18	-0.48	-1.18
Operating Expenses / Total Assets (%)	2.27	2.11	1.98	1.96	1.96
Interest Expenses / Total Assets (%)	4.71	4.30	4.07	4.05	4.73
Enterprise Value (Rs.Cr.)	105857.76	103292.76	87975.95	80467.26	74454.25
EV Per Net Sales (X)	11.74	12.45	12.18	12.93	11.95
Price To Book Value (X)	0.57	0.82	0.55	0.25	0.30
Price To Sales (X)	0.73	1.02	0.58	0.27	0.30
Retention Ratios (%)	83.68	88.03	89.44	88.98	100.00
Earnings Yield (X)	0.19	0.15	0.27	0.29	0.25

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Karnataka Bank Ltd. is a Public Limited Listed company incorporated on 18/02/1924 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L85110KA1924PLC001128 and registration number is 001128. 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. 9013.60 Cr. and Equity Capital is Rs. 377.95 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance - Banks - Private Sector	Post Box No. 599, Mahaveera Circle, Mangaluru Karnataka 575002	Contact not found

Management
Name	Position Held
Mr. P Pradeep Kumar	Chairman & Ind.Director
Mr. Raghavendra S Bhat	Managing Director & CEO
Mr. B R Ashok	Non Executive Director
Mr. K Gururaj Acharya	Independent Director
Mr. S Balakrishna Alse	Independent Director
Mr. H V Harish	Independent Director
Mrs. Uma Shankar	Independent Director
Dr. D S Ravindran	Independent Director
Mr. Jeevandas Narayan	Independent Director

FAQ

What is the intrinsic value of Karnataka Bank Ltd and is it undervalued?

As of 25 April 2026, Karnataka Bank Ltd's intrinsic value is ₹337.61, which is 46.79% higher than the current market price of ₹230.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (11.1 %), book value (₹333), dividend yield (2.17 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Karnataka Bank Ltd?

Karnataka Bank Ltd is trading at ₹230.00 as of 25 April 2026, with a FY2026-2027 high of ₹239 and low of ₹163. The stock is currently near its 52-week high. Market cap stands at ₹8,705 Cr..

How does Karnataka Bank Ltd's P/E ratio compare to its industry?

Karnataka Bank Ltd has a P/E ratio of 7.54, which is below the industry average of 18.30. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Karnataka Bank Ltd financially healthy?

Key indicators for Karnataka Bank Ltd: ROCE of 6.33 % is on the lower side compared to the industry average of 6.69%. Dividend yield is 2.17 %.

Is Karnataka Bank Ltd profitable and how is the profit trend?

Karnataka Bank Ltd reported a net profit of ₹1,272 Cr in Mar 2025 on revenue of ₹9,014 Cr. Compared to ₹509 Cr in Mar 2022, the net profit shows an improving trend.

Does Karnataka Bank Ltd pay dividends?

Karnataka Bank Ltd has a dividend yield of 2.17 % at the current price of ₹230.00. This is a relatively attractive yield for income-seeking investors.