Bandhan Bank Ltd

About [ edit ]

Bandhan Bank is a banking company, governed by the Banking Regulation Act, 1949.Pursuant to the Banking license received from Reserve Bank of India on June 17, 2015, the Bank has commenced its banking operations from August 23, 2015.(Source : 202003-01 Annual Report Page No:150)

  • Market Cap 52,711 Cr.
  • Current Price 328
  • High / Low 431 / 174
  • Stock P/E 20.1
  • Book Value 94.4
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 22.9 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.47 times its book value
  • Company has low interest coverage ratio.

Peer comparison

Sector: Banks Industry: Banks - Private Sector

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Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Revenue 1,351 1,556 1,606 1,650 1,832 2,631 2,690 2,718 2,846 3,018 3,198 3,308
Interest 487 519 528 526 575 1,057 1,161 1,177 1,166 1,207 1,275 1,236
472 507 558 835 645 676 728 929 1,487 1,463 1,072 1,780
Financing Profit 391 530 519 289 612 899 801 611 193 348 851 292
Financing Margin % 29% 34% 32% 18% 33% 34% 30% 22% 7% 12% 27% 9%
Other Income 203 211 230 234 388 331 360 358 500 387 382 553
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 595 740 750 523 1,000 1,230 1,161 969 693 735 1,233 845
Tax % 35% 35% 35% 37% 35% 35% 16% 25% 25% 25% 25% 25%
Net Profit 388 482 488 331 651 804 972 731 517 550 920 633
EPS in Rs 3.25 4.04 4.09 2.78 5.46 6.74 8.15 4.54 3.21 3.41 5.71 3.93
Gross NPA % 1.25% 1.26% 1.29% 2.41% 2.04% 1.70% 1.76% 1.93% 1.48% 1.43% 1.18% 1.11%
Net NPA % 0.58% 0.64% 0.69% 0.70% 0.58% 0.59% 0.56% 0.81% 0.58% 0.48% 0.36% 0.26%

Profit & Loss

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
Revenue 3,909 4,802 6,643 10,885 12,370
Interest 1,505 1,770 2,148 4,562 4,883
1,044 1,597 2,467 3,739 5,802
Financing Profit 1,360 1,436 2,028 2,584 1,685
Financing Margin % 35% 30% 31% 24% 14%
Other Income 411 706 1,063 1,549 1,822
Depreciation 67 86 78 80 0
Profit before tax 1,704 2,056 3,013 4,053 3,507
Tax % 35% 35% 35% 25%
Net Profit 1,112 1,346 1,952 3,024 2,620
EPS in Rs 10.15 11.28 16.36 18.78 16.26
Dividend Payout % 0% 9% 18% 0%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:41%
TTM:25%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:40%
TTM:-17%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-15%
1 Year:70%
Return on Equity
10 Years:%
5 Years:%
3 Years:21%
Last Year:23%

Balance Sheet

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020
1,095 1,193 1,193 1,610
Reserves 3,351 8,189 10,009 13,585
Borrowings 24,258 34,154 43,753 73,461
1,532 774 1,487 3,062
Total Liabilities 30,236 44,310 56,442 91,718
252 238 222 347
CWIP 0 0 109 22
Investments 5,516 8,372 10,037 15,352
24,468 35,700 46,073 75,997
Total Assets 30,236 44,310 56,442 91,718

Cash Flows

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020
8,885 -2,599 2,695 6,482
-2,671 -2,237 -2,373 -4,086
-2,023 2,846 105 154
Net Cash Flow 4,192 -1,989 427 2,550

Ratios

Figures in Rs. Crores

Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROE % 19% 19% 23%

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
82.28 82.28 82.28 82.28 82.26 82.26 82.26 60.96 60.95 60.95 40.00 40.00
9.61 12.54 12.75 12.40 5.56 6.27 6.91 13.92 13.05 14.51 32.24 35.20
1.80 3.50 3.15 3.22 10.01 9.47 8.84 8.17 8.84 7.98 5.83 4.38
6.31 1.68 1.82 2.10 2.16 2.00 1.99 16.95 17.16 16.56 21.94 20.43

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