IDBI Bank Ltd

IDBI Bank Ltd

₹ 91.1 -0.55%
23 Feb - close price
About

IDBI Bank is engaged in the business of Monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses.

Key Points

Ratios
Capital Adequacy Ratio - 20.33%
Net Interest Margin - 5.8%
Gross NPA - 5.05%
Net NPA - 0.44%
CASA Ratio - 52.61 [1]

  • Market Cap 97,944 Cr.
  • Current Price 91.1
  • High / Low 98.7 / 42.9
  • Stock P/E 18.3
  • Book Value 43.1
  • Dividend Yield 1.10 %
  • ROCE 4.26 %
  • ROE 8.34 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 19.4% CAGR over last 5 years
  • Company's working capital requirements have reduced from 178 days to 14.2 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.23% over past five years.
  • Company has a low return on equity of 6.42% over last 3 years.
  • Contingent liabilities of Rs.1,88,240 Cr.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Private Sector

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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 4,577 5,787 4,920 4,158 4,629 4,608 4,639 4,994 5,230 5,729 6,864 6,038 6,549
Interest 2,753 2,540 2,408 2,298 2,240 2,175 2,144 2,238 2,304 2,445 2,861 2,966 3,102
2,437 3,978 3,244 2,095 2,592 2,463 2,571 2,430 2,563 3,167 3,067 1,701 2,444
Financing Profit -613 -730 -732 -235 -203 -30 -77 326 363 118 936 1,372 1,003
Financing Margin % -13% -13% -15% -6% -4% -1% -2% 7% 7% 2% 14% 23% 15%
1,483 1,197 1,767 1,030 1,200 923 1,190 1,058 923 1,404 907 1,025 1,031
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 870 467 1,035 795 997 893 1,114 1,384 1,286 1,521 1,843 2,397 2,034
Tax % 54% -17% 42% 27% 40% 18% 31% 45% 27% 21% 33% 42% 27%
399 631 605 594 618 740 773 782 950 1,223 1,234 1,393 1,515
EPS in Rs 0.37 0.59 0.56 0.55 0.57 0.68 0.71 0.72 0.88 1.13 1.14 1.29 1.40
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 23,389 25,076 26,608 28,164 28,058 27,805 23,046 22,102 20,854 19,956 18,316 20,592 25,180
Interest 18,818 19,674 20,558 22,387 21,931 22,019 17,376 16,162 13,841 11,408 9,122 9,130 11,373
4,014 5,932 7,226 8,424 14,339 18,130 20,698 24,118 24,097 11,551 11,178 11,850 10,378
Financing Profit 557 -531 -1,176 -2,647 -8,212 -12,344 -15,028 -18,178 -17,084 -3,003 -1,984 -389 3,429
Financing Margin % 2% -2% -4% -9% -29% -44% -65% -82% -82% -15% -11% -2% 14%
2,196 3,334 3,112 4,189 3,518 4,207 7,248 3,535 4,631 4,848 4,959 4,617 4,367
Depreciation 120 128 117 141 218 362 377 370 394 397 417 499 0
Profit before tax 2,634 2,675 1,819 1,401 -4,912 -8,498 -8,157 -15,013 -12,847 1,449 2,557 3,728 7,796
Tax % 24% 29% 36% 32% 26% 40% 0% 0% 0% 0% 0% 0%
2,013 1,902 1,166 957 -3,574 -4,997 -8,116 -14,970 -12,819 1,532 2,557 3,728 5,365
EPS in Rs 15.66 14.17 7.18 5.87 -17.44 -24.36 -26.37 -19.37 -12.36 1.41 2.36 3.45 4.96
Dividend Payout % 22% 25% 14% 13% 0% 0% 0% 0% 0% 0% 0% 29%
Compounded Sales Growth
10 Years: -2%
5 Years: -2%
3 Years: 0%
TTM: 29%
Compounded Profit Growth
10 Years: 7%
5 Years: 19%
3 Years: 32%
TTM: 66%
Stock Price CAGR
10 Years: 5%
5 Years: 16%
3 Years: 45%
1 Year: 86%
Return on Equity
10 Years: -11%
5 Years: -11%
3 Years: 6%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 1,278 1,333 1,604 1,604 2,059 2,059 3,084 7,736 10,381 10,752 10,752 10,752
Reserves 18,113 19,869 22,028 22,771 26,000 21,204 18,824 30,610 24,455 26,876 31,819 35,567
263,722 292,699 295,719 321,355 335,679 324,580 310,962 272,478 258,963 246,615 247,195 267,960
7,063 8,765 9,599 10,314 11,537 14,646 18,039 10,287 6,901 14,410 12,773 17,219
Total Liabilities 290,176 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653 302,540 331,498
3,017 2,928 2,978 3,026 7,041 6,893 6,350 7,842 7,719 7,402 9,587 9,303
CWIP 26 18 22 54 481 541 502 468 488 471 400 477
Investments 82,829 98,433 103,419 97,347 92,810 93,075 91,848 93,328 81,996 81,471 83,475 100,409
204,304 221,288 222,531 255,617 274,943 261,980 252,208 219,474 210,496 209,309 209,078 221,309
Total Assets 290,176 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653 302,540 331,498

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3,245 -299 -1,998 -1,991 -567 8,000 -12,514 -34,215 208 3,443 5,068 -2,601
-177 -123 -223 -272 -715 -464 720 116 -296 -59 -192 -283
556 329 1,110 -61 2,927 1,889 12,843 21,622 9,279 1,428 -4,383 -3,565
Net Cash Flow -2,865 -92 -1,111 -2,323 1,645 9,424 1,049 -12,477 9,191 4,813 492 -6,449

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
ROE % 12% 9% 5% 4% -14% -19% -38% -49% -35% 4% 6% 8%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
94.71% 94.71% 94.71% 94.71% 94.71% 94.71% 94.72% 94.72% 94.72% 94.72% 94.72% 94.72%
0.09% 0.04% 0.05% 0.02% 0.03% 0.02% 0.05% 0.06% 0.22% 0.30% 0.40% 0.32%
1.62% 1.36% 0.75% 0.38% 0.36% 0.23% 0.15% 0.17% 0.16% 0.16% 0.24% 0.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
3.58% 3.89% 4.48% 4.89% 4.89% 5.04% 5.08% 5.06% 4.90% 4.84% 4.62% 4.80%
No. of Shareholders 5,40,9985,80,1355,14,6715,60,9165,69,4815,93,5615,95,3015,84,6255,98,4155,82,1606,08,4906,36,699

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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