Fundamental Analysis of Karur Vysya Bank Ltd

About the Company - Karur Vysya Bank Ltd

Karur Vysya Bank Ltd. is a Public Limited Listed company incorporated on 22/06/1916 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65110TN1916PLC001295 and registration number is 001295. 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. 5587.67 Cr. and Equity Capital is Rs. 160.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Finance - Banks - Private Sector	No. 20, Erode Road, Vadivel Nagar, Karur Tamil Nadu 639002	kvb_sig@kvbmail.com http://www.kvb.co.in

Management
Name	Position Held
Dr. Meena Hemchandra	Non Exe. Ind. Part Time Chairman
Mr. B Ramesh Babu	Managing Director & CEO
Mr. M V Srinivasamoorthi	Non Exe.Non Ind.Director
Mr. R Ramkumar	Non Exe.Non Ind.Director
Dr. K S Ravichandran	Ind. Non-Executive Director
Mr. K G Mohan	Ind. Non-Executive Director
Dr. R Harshavardhan	Ind. Non-Executive Director
Mr. Murali Ramaswami	Ind. Non-Executive Director
CA. Chinnasamy Ganesan	Ind. Non-Executive Director

Basic Stock Data of Karur Vysya Bank Ltd

Last Updated: July 26, 2024, 10:27 pm

Market Cap	17,924 Cr.
Current Price	223
High / Low	229/116
Stock P/E	10.5
Book Value	107
Dividend Yield	1.08 %
ROCE	7.50 %
ROE	18.7 %
Face Value	2.00
PEG Ratio	0.24

Data Source: screener.in

Karur Vysya Bank Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Revenue	1,350	1,349	1,376	1,398	1,405	1,409	1,474	1,579	1,695	1,768	1,883	1,997	2,139
Interest	767	737	738	718	717	699	728	758	806	876	986	1,082	1,138
Expenses	779	603	677	634	627	614	624	718	882	847	741	743	833
Financing Profit	-196	9	-39	47	60	96	122	104	7	45	156	173	168
Financing Margin %	-14%	1%	-3%	3%	4%	7%	8%	7%	0%	3%	8%	9%	8%
Other Income	251	169	203	163	196	205	199	242	317	401	333	339	358
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	56	178	165	210	255	301	321	345	325	446	489	512	526
Tax %	38%	41%	34%	21%	27%	29%	29%	28%	11%	24%	27%	26%	22%
Net Profit	35	104	109	165	185	213	229	250	289	338	359	378	412
EPS in Rs	0.43	1.31	1.36	2.07	2.32	2.67	2.86	3.13	3.61	4.21	4.47	4.72	5.12
Gross NPA %	7.37%	7.85%	7.97%	7.38%	6.97%	6.03%	5.28%	4.02%	2.70%	2.27%	1.99%	1.73%	1.58%
Net NPA %	2.55%	3.41%	3.69%	2.99%	2.55%	2.31%	1.93%	1.38%	0.90%	0.74%	0.59%	0.47%	0.42%

Last Updated: July 11, 2024, 7:16 am

Karur Vysya Bank Ltd Quarterly Chart

Karur Vysya Bank Ltd Profit & Loss

Last Updated: July 10, 2024, 6:53 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Revenue	3,270	4,242	5,116	5,396	5,443	5,622	5,700	5,816	5,990	5,470	5,588	6,517	7,788
Interest	2,353	3,084	3,832	3,930	3,662	3,549	3,402	3,453	3,642	3,111	2,872	3,168	4,081
Expenses	597	829	1,378	1,503	1,494	1,887	2,609	2,902	3,112	2,620	2,434	2,965	3,164
Financing Profit	320	329	-94	-37	288	187	-311	-539	-764	-260	281	384	542
Financing Margin %	10%	8%	-2%	-1%	5%	3%	-5%	-9%	-13%	-5%	5%	6%	7%
Other Income	350	453	564	590	707	782	900	963	1,155	919	769	1,159	1,431
Depreciation	38	56	75	81	83	86	85	101	119	124	119	106	0
Profit before tax	632	725	395	471	912	883	504	322	272	534	931	1,437	1,973
Tax %	21%	24%	-9%	2%	38%	31%	31%	35%	14%	33%	28%	23%
Net Profit	502	550	430	464	568	606	346	211	235	359	673	1,106	1,487
EPS in Rs	7.29	8.00	6.24	5.95	7.25	7.75	4.32	2.64	2.94	4.50	8.42	13.79	18.52
Dividend Payout %	30%	27%	32%	34%	30%	26%	13%	23%	0%	11%	19%	14%

Karur Vysya Bank Ltd Profit & Loss Yearly Chart

Karur Vysya Bank Ltd Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	7%
3 Years:	14%
TTM:	24%

Compounded Profit Growth
10 Years:	14%
5 Years:	50%
3 Years:	65%
TTM:	38%

Stock Price CAGR
10 Years:	10%
5 Years:	27%
3 Years:	63%
1 Year:	68%

Return on Equity
10 Years:	10%
5 Years:	11%
3 Years:	14%
Last Year:	19%

Last Updated: July 25, 2024, 5:31 am

Karur Vysya Bank Ltd Balance Sheet

Last Updated: July 10, 2024, 6:53 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	107	107	107	122	122	122	145	160	160	160	160	160
Reserves	2,601	2,978	3,219	4,124	4,451	4,914	6,119	6,263	6,440	6,800	7,436	8,424
Borrowings	34,084	42,652	47,051	47,591	52,973	55,395	59,284	61,433	60,259	65,807	69,825	78,070
Other Liabilities	843	996	1,166	1,315	1,439	1,376	1,393	1,484	1,419	1,857	2,650	3,526
Total Liabilities	37,635	46,733	51,543	53,152	58,985	61,808	66,941	69,340	68,278	74,623	80,071	90,179
Fixed Assets	244	320	376	395	417	411	475	545	563	518	464	418
CWIP	0	2	9	17	4	8	53	38	23	21	15	17
Investments	10,506	13,837	13,247	12,375	14,443	14,857	15,803	14,882	15,762	16,019	17,216	18,808
Other Assets	26,884	32,574	37,911	40,366	44,122	46,532	50,610	53,876	51,929	58,065	62,377	70,936
Total Assets	37,635	46,733	51,543	53,152	58,985	61,808	66,941	69,340	68,278	74,623	80,071	90,179

Karur Vysya Bank Ltd Reserves and Borrowings Chart

Karur Vysya Bank Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	82	1,184	-309	580	1,611	-550	-1,576	2,504	3,366	295	1,217	2,954
Cash from Investing Activity	-133	-113	-102	-92	-84	-170	549	-1,535	-1,379	-1,594	-1,270	-1,296
Cash from Financing Activity	-188	-189	482	-346	-74	683	414	-274	-59	-96	-178	-694
Net Cash Flow	-239	882	71	143	1,453	-36	-612	696	1,928	-1,394	-231	963

Karur Vysya Bank Ltd Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %	19%	13%	12%	13%	13%	6%	3%	4%	5%	9%	14%

Karur Vysya Bank Ltd Financial Efficiency Indicators Chart

Karur Vysya Bank Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	2.12%	2.28%	2.28%	2.28%	2.26%	2.25%	2.24%	2.24%	2.24%	2.22%	2.20%	2.15%
FIIs	0.00%	0.00%	15.35%	15.43%	16.49%	17.03%	17.93%	17.90%	18.09%	15.61%	15.38%	15.11%
DIIs	38.61%	36.77%	21.88%	22.75%	25.17%	30.73%	30.80%	32.10%	32.29%	35.16%	36.22%	35.68%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.02%	0.02%	0.00%
Public	59.27%	60.95%	60.49%	59.54%	56.08%	49.98%	49.02%	47.77%	47.38%	47.00%	46.19%	47.07%
No. of Shareholders	1,94,336	2,04,045	2,02,252	2,00,256	2,03,830	2,07,878	2,09,188	2,07,639	2,22,316	2,32,052	2,45,953	2,58,964

Karur Vysya Bank Ltd Shareholding Pattern Chart

No. of Karur Vysya Bank Ltd Shareholders

Karur Vysya Bank Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan	33,085,000	0.99	473.45	7,387,599	2024-07-25	347.85%
Nippon India Small Cap Fund	31,784,062	1.22	454.83	7,387,599	2024-07-25	330.24%
Franklin India Smaller Companies Fund	15,898,917	2.35	227.51	7,387,599	2024-07-25	115.21%
HSBC Value Fund	13,164,300	2.03	188.38	7,387,599	2024-07-25	78.19%
SBI Banking & Financial Services Fund	10,635,167	3.59	152.19	7,387,599	2024-07-25	43.96%
HSBC Small Cap Fund - Regular Plan	9,912,400	1.23	141.85	7,387,599	2024-07-25	34.18%
UTI Mid Cap Fund	7,387,599	1.21	105.72	7,387,599	2024-07-25	0%
Franklin India Prima Fund	5,630,441	0.95	80.57	7,387,599	2024-07-25	-23.79%
HSBC Aggressive Hybrid Fund	4,793,700	1.44	68.6	7,387,599	2024-07-25	-35.11%
SBI Multicap Fund	4,109,413	0.45	58.81	7,387,599	2024-07-25	-44.37%

Karur Vysya Bank Ltd ROCE Trend

Karur Vysya Bank Ltd EPS Trend

Karur Vysya Bank Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
Face Value	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	19.99	13.81	8.42	4.50	2.94
Diluted EPS (Rs.)	19.97	13.78	8.41	4.50	2.94
Cash EPS (Rs.)	19.95	15.11	9.91	6.05	4.43
Book Value[Excl.RevalReserv]/Share (Rs.)	124.81	107.03	94.95	87.07	82.57
Book Value[Incl.RevalReserv]/Share (Rs.)	124.81	107.03	94.95	87.07	82.57
Dividend / Share (Rs.)	2.40	2.00	1.60	0.50	0.00
Operating Revenue / Share (Rs.)	101.99	81.25	69.84	68.44	74.94
Net Profit / Share (Rs.)	19.95	13.79	8.42	4.50	2.94
Interest Income / Employee (Rs.)	0.00	8393289.03	8264566.93	7062260.52	7548816.38
Net Profit / Employee (Rs.)	0.00	1424641.68	995810.24	463967.60	296187.40
Business / Employee (Rs.)	0.00	180025404.43	183420765.86	146710482.57	132543398.61
Interest Income / Branch (Rs.)	0.00	81558818.52	67976565.69	67452860.67	75345733.33
Net Profit / Branches (Rs.)	0.00	13843451.81	8190599.76	4431434.03	2956285.53
Business / Branches (Rs.)	0.00	1749333216.52	1508646956.20	1401256964.24	1322933167.30
Net Profit Margin (%)	19.56	16.97	12.04	6.56	3.92
Operating Profit Margin (%)	-0.65	-0.81	-1.71	-12.74	-15.35
Return On Assets (%)	1.51	1.22	0.84	0.48	0.34
Return On Equity / Networth (%)	15.98	12.88	8.86	5.16	3.56
Net Interest Margin (X)	3.60	3.71	3.39	3.16	3.43
Cost To Income (%)	39.16	45.07	44.22	46.83	45.73
Interest Income / Total Assets (%)	7.76	7.22	6.98	7.33	8.77
Non-Interest Income / Total Assets (%)	1.57	1.28	0.96	1.41	1.69
Operating Profit / Total Assets (%)	-0.05	-0.05	-0.11	-0.93	-1.34
Operating Expenses / Total Assets (%)	2.49	2.25	2.31	2.66	2.55
Interest Expenses / Total Assets (%)	4.16	3.51	3.58	4.16	5.33
Enterprise Value (Rs.Cr.)	100695.51	82147.51	70125.05	67134.89	59145.21
EV Per Net Sales (X)	12.27	12.61	12.55	12.27	9.87
Price To Book Value (X)	1.46	0.97	0.48	0.63	0.24
Price To Sales (X)	1.79	1.28	0.66	0.81	0.27
Retention Ratios (%)	100.00	88.42	94.06	100.00	100.00
Earnings Yield (X)	0.10	0.13	0.18	0.08	0.14

Karur Vysya Bank Ltd Profitability Ratios (%)

Karur Vysya Bank Ltd Liquidity Ratios

Karur Vysya Bank Ltd Liquidity Ratios (%)

Karur Vysya Bank Ltd Interest Coverage Ratios (%)

Karur Vysya Bank Ltd Valuation Ratios

Fair Value

Fair Value: 212.36

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.

Overvalued: 4.77% compared to the current price 223

Intrinsic Value: 306.86

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 37.60% compared to the current price 223

Last 5 Year EPS CAGR: 44.50%

*Investments are subject to market risks

Strength and Weakness of Karur Vysya Bank Ltd Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Karur Vysya Bank Ltd?

The latest fair value of Karur Vysya Bank Ltd is ₹212.36.

What is the Market Cap of Karur Vysya Bank Ltd?

The Market Cap of Karur Vysya Bank Ltd is 17,924 Cr..

What is the current Stock Price of Karur Vysya Bank Ltd as on 27 July 2024?

The current stock price of Karur Vysya Bank Ltd as on 27 July 2024 is 223.

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

In FY 2024, the High / Low of Karur Vysya Bank Ltd stocks is 229/116.

What is the Stock P/E of Karur Vysya Bank Ltd?

The Stock P/E of Karur Vysya Bank Ltd is 10.5.

What is the Book Value of Karur Vysya Bank Ltd?

The Book Value of Karur Vysya Bank Ltd is 107.

What is the Dividend Yield of Karur Vysya Bank Ltd?

The Dividend Yield of Karur Vysya Bank Ltd is 1.08 %.

What is the ROCE of Karur Vysya Bank Ltd?

The ROCE of Karur Vysya Bank Ltd is 7.50 %.

What is the ROE of Karur Vysya Bank Ltd?

The ROE of Karur Vysya Bank Ltd is 18.7 %.

What is the Face Value of Karur Vysya Bank Ltd?

The Face Value of Karur Vysya Bank Ltd is 2.00.