IDBI Bank Ltd

₹ 41.2 2.74%
30 Sep - 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 - 19.6%
Net Interest Margin - 3.7%
Gross NPA - 19.9%
Net NPA - 1.3%
CASA Ratio - 55.7% [1]

  • Market Cap 44,354 Cr.
  • Current Price 41.2
  • High / Low 65.2 / 30.5
  • Stock P/E 16.4
  • Book Value 39.6
  • Dividend Yield 0.00 %
  • ROCE 4.07 %
  • ROE 6.32 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.04 times its book value
  • Company has delivered good profit growth of 20.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -8.01% over past five years.
  • Company has a low return on equity of -7.76% over last 3 years.
  • Contingent liabilities of Rs.342,934 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.4,350 Cr.

* 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

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Revenue 5,098 5,206 4,946 5,605 4,903 4,695 4,577 5,787 4,920 4,159 4,630 4,610 4,645
Interest 3,632 3,565 3,403 3,241 3,122 2,993 2,753 2,540 2,408 2,299 2,241 2,177 2,151
7,697 7,327 2,086 3,431 2,369 1,940 2,437 3,978 3,244 2,102 2,592 2,463 2,571
Financing Profit -6,231 -5,687 -543 -1,067 -588 -238 -613 -730 -732 -242 -203 -30 -77
Financing Margin % -122% -109% -11% -19% -12% -5% -13% -13% -15% -6% -4% -1% -2%
830 1,074 1,322 1,406 1,052 922 1,483 1,197 1,767 1,037 1,200 923 1,190
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -5,401 -4,613 778 339 464 684 870 467 1,035 795 997 893 1,114
Tax % 29% 25% 838% 51% 65% 51% 54% -17% 42% 27% 40% 18% 31%
Net Profit -3,817 -3,444 -5,724 166 164 337 399 631 605 594 618 740 773
EPS in Rs -4.94 -4.46 -5.52 0.16 0.15 0.32 0.37 0.59 0.56 0.55 0.57 0.68 0.71
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Revenue 18,617 23,389 25,076 26,608 28,164 28,058 27,805 23,046 22,102 20,854 19,962 18,319 18,044
Interest 14,270 18,818 19,674 20,558 22,387 21,931 22,019 17,376 16,162 13,841 11,408 9,125 8,867
4,137 4,014 5,932 7,226 8,424 14,339 18,130 20,698 24,118 24,097 11,490 11,178 9,728
Financing Profit 210 557 -531 -1,176 -2,647 -8,212 -12,344 -15,028 -18,178 -17,084 -2,936 -1,984 -551
Financing Margin % 1% 2% -2% -4% -9% -29% -44% -65% -82% -82% -15% -11% -3%
2,222 2,196 3,334 3,112 4,189 3,518 4,207 7,248 3,535 4,631 4,865 4,959 4,350
Depreciation 130 120 128 117 141 218 362 377 370 394 397 417 0
Profit before tax 2,301 2,634 2,675 1,819 1,401 -4,912 -8,498 -8,157 -15,013 -12,847 1,532 2,557 3,799
Tax % 32% 24% 29% 36% 32% 26% 40% 0% 0% 0% 0% 0%
Net Profit 1,564 2,013 1,902 1,166 957 -3,574 -4,997 -8,116 -14,970 -12,819 1,532 2,557 2,725
EPS in Rs 15.88 15.66 14.17 7.18 5.87 -17.44 -24.36 -26.37 -19.37 -12.36 1.41 2.36 2.51
Dividend Payout % 22% 22% 25% 14% 13% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: -8%
3 Years: -6%
TTM: -10%
Compounded Profit Growth
10 Years: 2%
5 Years: 20%
3 Years: 29%
TTM: 38%
Stock Price CAGR
10 Years: -9%
5 Years: -5%
3 Years: 11%
1 Year: -17%
Return on Equity
10 Years: -13%
5 Years: -20%
3 Years: -8%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
985 1,278 1,333 1,604 1,604 2,059 2,059 3,084 7,736 10,381 10,752 10,752
Reserves 13,584 18,112 19,869 22,028 22,771 26,000 21,204 18,824 30,610 24,455 26,876 31,819
232,014 263,722 292,699 295,719 321,355 335,679 324,580 310,962 272,478 258,963 246,568 247,195
6,975 7,064 8,766 9,599 10,314 11,537 14,646 18,039 10,287 6,901 14,457 12,590
Total Liabilities 253,558 290,176 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653 302,356
2,992 3,017 2,928 2,978 3,026 7,041 6,893 6,350 7,842 7,719 7,402 9,587
CWIP 68 26 18 22 54 481 541 502 468 488 471 400
Investments 68,034 82,829 98,433 103,419 97,347 92,810 93,075 91,848 93,328 81,996 81,471 83,475
182,464 204,304 221,288 222,531 255,617 274,943 261,980 252,208 219,474 210,496 209,309 208,894
Total Assets 253,558 290,176 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653 302,356

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
3,510 -3,245 -299 -1,998 -1,991 -567 8,000 -12,514 -34,215 208 10,214 -3,932
-214 -177 -123 -223 -272 -715 -464 720 116 -296 -59 -192
2,867 556 329 1,110 -61 2,927 1,889 12,843 21,622 9,279 -5,342 -4,383
Net Cash Flow 6,163 -2,865 -92 -1,111 -2,323 1,645 9,424 1,049 -12,477 9,191 4,813 -8,508

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
ROE % 13% 12% 9% 5% 4% -14% -19% -38% -49% -35% 4% 6%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
97.46 98.11 98.11 98.11 98.11 94.71 94.71 94.71 94.71 94.71 94.71 94.71
0.02 0.01 0.02 0.00 0.00 0.34 0.09 0.04 0.05 0.02 0.03 0.02
0.22 0.14 0.15 0.15 0.14 2.86 1.62 1.36 0.75 0.38 0.36 0.23
2.31 1.74 1.73 1.74 1.76 2.09 3.58 3.89 4.48 4.89 4.89 5.04

Documents

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