Karur Vysya Bank Ltd
Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.[1]
- Market Cap ₹ 17,904 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
Pros
- Company has delivered good profit growth of 50.2% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.12% over past five years.
- Promoter holding is low: 2.15%
- Contingent liabilities of Rs.13,201 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4,242 | 5,116 | 5,396 | 5,443 | 5,622 | 5,700 | 5,816 | 5,990 | 5,470 | 5,588 | 6,517 | 8,204 | 8,606 |
Interest | 3,084 | 3,832 | 3,930 | 3,662 | 3,549 | 3,402 | 3,453 | 3,642 | 3,111 | 2,872 | 3,168 | 4,395 | 4,669 |
829 | 1,378 | 1,503 | 1,494 | 1,887 | 2,609 | 2,902 | 3,112 | 2,620 | 2,434 | 2,965 | 3,368 | 3,426 | |
Financing Profit | 329 | -94 | -37 | 288 | 187 | -311 | -539 | -764 | -260 | 281 | 384 | 442 | 510 |
Financing Margin % | 8% | -2% | -1% | 5% | 3% | -5% | -9% | -13% | -5% | 5% | 6% | 5% | 6% |
453 | 564 | 590 | 707 | 782 | 900 | 963 | 1,155 | 919 | 769 | 1,159 | 1,659 | 1,714 | |
Depreciation | 56 | 75 | 81 | 83 | 86 | 85 | 101 | 119 | 124 | 119 | 106 | 0 | 0 |
Profit before tax | 725 | 395 | 471 | 912 | 883 | 504 | 322 | 272 | 534 | 931 | 1,437 | 2,100 | 2,224 |
Tax % | 24% | -9% | 2% | 38% | 31% | 31% | 35% | 14% | 33% | 28% | 23% | 24% | |
550 | 430 | 464 | 568 | 606 | 346 | 211 | 235 | 359 | 673 | 1,106 | 1,605 | 1,705 | |
EPS in Rs | 8.00 | 6.24 | 5.95 | 7.25 | 7.75 | 4.32 | 2.64 | 2.94 | 4.50 | 8.42 | 13.79 | 19.95 | 21.21 |
Dividend Payout % | 27% | 32% | 34% | 30% | 26% | 13% | 23% | 0% | 11% | 19% | 14% | 12% |
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: | 28% |
3 Years: | 69% |
1 Year: | 79% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 14% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 107 | 107 | 122 | 122 | 122 | 145 | 160 | 160 | 160 | 160 | 160 | |
Reserves | 2,978 | 3,219 | 4,124 | 4,451 | 4,914 | 6,119 | 6,263 | 6,440 | 6,800 | 7,436 | 8,424 | |
42,652 | 47,051 | 47,591 | 52,973 | 55,395 | 59,284 | 61,433 | 60,259 | 65,807 | 69,825 | 78,070 | ||
996 | 1,166 | 1,315 | 1,439 | 1,376 | 1,393 | 1,484 | 1,419 | 1,857 | 2,650 | 3,526 | ||
Total Liabilities | 46,733 | 51,543 | 53,152 | 58,985 | 61,808 | 66,941 | 69,340 | 68,278 | 74,623 | 80,071 | 90,179 | |
320 | 376 | 395 | 417 | 411 | 475 | 545 | 563 | 518 | 464 | 418 | ||
CWIP | 2 | 9 | 17 | 4 | 8 | 53 | 38 | 23 | 21 | 15 | 17 | |
Investments | 13,837 | 13,247 | 12,375 | 14,443 | 14,857 | 15,803 | 14,882 | 15,762 | 16,019 | 17,216 | 18,808 | |
32,574 | 37,911 | 40,366 | 44,122 | 46,532 | 50,610 | 53,876 | 51,929 | 58,065 | 62,377 | 70,936 | ||
Total Assets | 46,733 | 51,543 | 53,152 | 58,985 | 61,808 | 66,941 | 69,340 | 68,278 | 74,623 | 80,071 | 90,179 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
82 | 1,184 | -309 | 580 | 1,611 | -550 | -1,576 | 2,504 | 3,366 | 295 | 1,217 | 2,954 | |
-133 | -113 | -102 | -92 | -84 | -170 | 549 | -1,535 | -1,379 | -1,594 | -1,270 | -1,296 | |
-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 |
Ratios
Figures in Rs. Crores
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% |
Documents
Announcements
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Credit Rating Intimation
18h - Karur Vysya Bank Ltd has informed BSE regarding Credit Rating Intimation.
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Transcript of Conference Call
1d - Karur Vysya Bank Ltd has informed BSE regarding Transcript of the Conference Call held with respect to the Unaudited Financial Results of the Bank for …
- Newspaper publication regarding 105th Annual General Meeting of the Bank, Book Closure dates and other related matters 22 Jul
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Compliance Under Regulation 47(1)(b) of SEBI (LODR) Regulation, 2015 (''Listing Regulations'')
20 Jul - Karur Vysya Bank Ltd has submitted to BSE a copy of Compliance Under Regulation 47(1)(b) of SEBI (LODR) Regulation, 2015 (''Listing Regulations'').
- Standalone & Consolidated Financial Results, Limited Review Report for June 30, 2024 20 Jul
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Jan 2024TranscriptPPT
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Jan 2024Transcript PPT
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Nov 2023TranscriptPPTREC
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Oct 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021Transcript PPT
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Feb 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
Business Segments FY24
1) Retail Banking (64%): [1] Comprises lending of funds and other banking services.
2) Corporate/Wholesale Banking (~18%): Includes all advances to trusts, partnership firms, companies, and statutory bodies not included under Retail Banking.
3) Treasury (17%): Comprises investments in Central and State Government securities, debt instruments of Banks, FIs, equity shares, mutual funds, security receipts, etc., and forward contracts, derivatives, and foreign exchange operations.
4) Other Banking Operations (~1%): Includes para-banking activities like bancassurance, third-party product distribution, demat services, and deposits in RIDF, MSME Funds, etc. [2]