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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile

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.
INDUSTRYADDRESSCONTACT
Finance - Banks - Private SectorNo. 20, Erode Road, Vadivel Nagar, Karur Tamil Nadu 639002kvb_sig@kvbmail.com
http://www.kvb.co.in
Management
NamePosition Held
Dr. Meena HemchandraNon Exe. Ind. Part Time Chairman
Mr. B Ramesh BabuManaging Director & CEO
Mr. M V SrinivasamoorthiNon Exe.Non Ind.Director
Mr. R RamkumarNon Exe.Non Ind.Director
Dr. K S RavichandranInd. Non-Executive Director
Mr. K G MohanInd. Non-Executive Director
Dr. R HarshavardhanInd. Non-Executive Director
Mr. Murali RamaswamiInd. Non-Executive Director
CA. Chinnasamy GanesanInd. Non-Executive Director

Basic Stock Data of Karur Vysya Bank Ltd

Last Updated: June 20, 2024, 10:41 pm

Market Cap 17,085 Cr.
Current Price 212
High / Low220/116
Stock P/E10.6
Book Value 107
Dividend Yield0.94 %
ROCE7.50 %
ROE18.7 %
Face Value 2.00
PEG Ratio0.24

Karur Vysya Bank Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue1,3501,3491,3761,3981,4051,4091,4741,5791,6951,7681,8831,9972,139
Interest7677377387187176997287588068769861,0821,138
Expenses779603677634627614624718882847741743833
Financing Profit-1969-39476096122104745156173168
Financing Margin %-14%1%-3%3%4%7%8%7%0%3%8%9%8%
Other Income251169203163196205199242317401333339358
Depreciation0000000000000
Profit before tax56178165210255301321345325446489512526
Tax %38%41%34%21%27%29%29%28%11%24%27%26%22%
Net Profit35104109165185213229250289338359378412
EPS in Rs0.431.311.362.072.322.672.863.133.614.214.474.725.12
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: June 7, 2024, 9:01 am

Karur Vysya Bank Ltd Quarterly Chart

Karur Vysya Bank Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue3,2704,2425,1165,3965,4435,6225,7005,8165,9905,4705,5886,5177,788
Interest2,3533,0843,8323,9303,6623,5493,4023,4533,6423,1112,8723,1684,081
Expenses5978291,3781,5031,4941,8872,6092,9023,1122,6202,4342,9653,164
Financing Profit320329-94-37288187-311-539-764-260281384542
Financing Margin %10%8%-2%-1%5%3%-5%-9%-13%-5%5%6%7%
Other Income3504535645907077829009631,1559197691,1591,431
Depreciation385675818386851011191241191060
Profit before tax6327253954719128835043222725349311,4371,973
Tax %21%24%-9%2%38%31%31%35%14%33%28%23%
Net Profit5025504304645686063462112353596731,1061,487
EPS in Rs7.298.006.245.957.257.754.322.642.944.508.4213.7918.52
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:26%
Compounded Profit Growth
10 Years:14%
5 Years:50%
3 Years:65%
TTM:45%
Stock Price CAGR
10 Years:9%
5 Years:20%
3 Years:52%
1 Year:84%
Return on Equity
10 Years:10%
5 Years:11%
3 Years:14%
Last Year:19%

Last Updated: June 2, 2024, 6:50 pm

Karur Vysya Bank Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital107107107122122122145160160160160160
Reserves2,6012,9783,2194,1244,4514,9146,1196,2636,4406,8007,4368,424
Borrowings34,08442,65247,05147,59152,97355,39559,28461,43360,25965,80769,82578,070
Other Liabilities8439961,1661,3151,4391,3761,3931,4841,4191,8572,6503,526
Total Liabilities37,63546,73351,54353,15258,98561,80866,94169,34068,27874,62380,07190,179
Fixed Assets244320376395417411475545563518464418
CWIP0291748533823211517
Investments10,50613,83713,24712,37514,44314,85715,80314,88215,76216,01917,21618,808
Other Assets26,88432,57437,91140,36644,12246,53250,61053,87651,92958,06562,37770,936
Total Assets37,63546,73351,54353,15258,98561,80866,94169,34068,27874,62380,07190,179

Karur Vysya Bank Ltd Reserves and Borrowings Chart

Karur Vysya Bank Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 249821,184-3095801,611-550-1,5762,5043,3662951,217
Cash from Investing Activity -72-133-113-102-92-84-170549-1,535-1,379-1,594-1,270
Cash from Financing Activity 84-188-189482-346-74683414-274-59-96-178
Net Cash Flow261-239882711431,453-36-6126961,928-1,394-231

Karur Vysya Bank Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters2.12%2.12%2.28%2.28%2.28%2.26%2.25%2.24%2.24%2.24%2.22%2.20%
FIIs21.11%0.00%0.00%15.35%15.43%16.49%17.03%17.93%17.90%18.09%15.61%15.38%
DIIs20.07%38.61%36.77%21.88%22.75%25.17%30.73%30.80%32.10%32.29%35.16%36.22%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.02%0.02%
Public56.70%59.27%60.95%60.49%59.54%56.08%49.98%49.02%47.77%47.38%47.00%46.19%
No. of Shareholders1,84,8781,94,3362,04,0452,02,2522,00,2562,03,8302,07,8782,09,1882,07,6392,22,3162,32,0522,45,953

Karur Vysya Bank Ltd Shareholding Pattern Chart

No. of Karur Vysya Bank Ltd Shareholders

Karur Vysya Bank Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan33,085,0000.99473.455,630,4412024-06-18487.61%
Nippon India Small Cap Fund31,784,0621.22454.835,630,4412024-06-18464.5%
Franklin India Smaller Companies Fund15,898,9172.35227.515,630,4412024-06-18182.37%
HSBC Value Fund13,164,3002.03188.385,630,4412024-06-18133.81%
SBI Banking & Financial Services Fund10,635,1673.59152.195,630,4412024-06-1888.89%
HSBC Small Cap Fund - Regular Plan9,912,4001.23141.855,630,4412024-06-1876.05%
UTI Mid Cap Fund7,387,5991.21105.725,630,4412024-06-1831.21%
Franklin India Prima Fund5,630,4410.9580.575,630,4412024-06-180%
HSBC Aggressive Hybrid Fund4,793,7001.4468.65,630,4412024-06-18-14.86%
SBI Multicap Fund4,109,4130.4558.815,630,4412024-06-18-27.01%

Karur Vysya Bank Ltd ROCE Trend

Karur Vysya Bank Ltd EPS Trend

Karur Vysya Bank Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
Face Value2.002.002.002.002.00
Basic EPS (Rs.)19.991381.008.424.502.94
Diluted EPS (Rs.)19.9713.788.414.502.94
Cash EPS (Rs.)19.9515.119.916.054.43
Book Value[Excl.RevalReserv]/Share (Rs.)124.81107.0394.9587.0782.57
Book Value[Incl.RevalReserv]/Share (Rs.)124.81107.0394.9587.0782.57
Dividend / Share (Rs.)2.402.001.600.500.00
Operating Revenue / Share (Rs.)101.9981.2569.8468.4474.94
Net Profit / Share (Rs.)19.9513.798.424.502.94
Interest Income / Employee (Rs.)0.008393289.038264566.937062260.527548816.38
Net Profit / Employee (Rs.)0.001424641.68995810.24463967.60296187.40
Business / Employee (Rs.)0.00180025404.43183420765.86146710482.57132543398.61
Interest Income / Branch (Rs.)0.0081558818.5267976565.6967452860.6775345733.33
Net Profit / Branches (Rs.)0.0013843451.818190599.764431434.032956285.53
Business / Branches (Rs.)0.001749333216.521508646956.201401256964.241322933167.30
Net Profit Margin (%)19.5616.9712.046.563.92
Operating Profit Margin (%)-0.65-0.81-1.71-12.74-15.35
Return On Assets (%)1.511.220.840.480.34
Return On Equity / Networth (%)15.9812.888.865.163.56
Net Interest Margin (X)3.603.713.393.163.43
Cost To Income (%)39.1645.0744.2246.8345.73
Interest Income / Total Assets (%)7.767.226.987.338.77
Non-Interest Income / Total Assets (%)1.571.280.961.411.69
Operating Profit / Total Assets (%)-0.05-0.05-0.11-0.93-1.34
Operating Expenses / Total Assets (%)2.492.252.312.662.55
Interest Expenses / Total Assets (%)4.163.513.584.165.33
Enterprise Value (Rs.Cr.)100695.5182147.5170125.0567134.8959145.21
EV Per Net Sales (X)12.2712.6112.5512.279.87
Price To Book Value (X)1.460.970.480.630.24
Price To Sales (X)1.791.280.660.810.27
Retention Ratios (%)100.0088.4294.06100.00100.00
Earnings Yield (X)0.100.130.180.080.14

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: 214.09

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.

Undervalued: 0.99% compared to the current price 212

Intrinsic Value: 309.35

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: 45.92% compared to the current price ₹212

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 ₹214.09.

What is the Market Cap of Karur Vysya Bank Ltd?

The Market Cap of Karur Vysya Bank Ltd is 17,085 Cr..

What is the current Stock Price of Karur Vysya Bank Ltd as on 21 June 2024?

The current stock price of Karur Vysya Bank Ltd as on 21 June 2024 is ₹212.

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 220/116.

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

The Stock P/E of Karur Vysya Bank Ltd is 10.6.

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 0.94 %.

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.

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 Karur Vysya 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