State Bank of Travancore(Merged)

State Bank of Travancore(Merged)

₹ 609 1.34%
15 Mar 2017
About

State Bank of Travancore,incorporated in India, listed on the Bombay Stock Exchange Limited, and National Stock Exchange Limited, the company is engaged in Corporate / Wholesale Banking,Retail Banking,Treasury and,Other Banking Operations

  • Market Cap 4,328 Cr.
  • Current Price 609
  • High / Low /
  • Stock P/E
  • Book Value 847
  • Dividend Yield 0.00 %
  • ROCE 7.17 %
  • ROE 5.75 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.72 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 6.17% over last 3 years.
  • Contingent liabilities of Rs.45,475 Cr.
  • Earnings include an other income of Rs.1,586 Cr.
  • Dividend payout has been low at 7.82% of profits over last 3 years

* 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 - Public Sector

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Quarterly Results

Figures in Rs. Crores

Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016
2,436 2,484 2,424 2,436 2,377 2,332 2,391 2,416 2,414 2,387 2,352 2,376 2,366
665 749 669 722 720 626 754 729 773 948 1,642 1,313 1,023
Operating Profit 1,771 1,735 1,754 1,715 1,657 1,705 1,637 1,687 1,640 1,439 710 1,063 1,343
OPM % 73% 70% 72% 70% 70% 73% 68% 70% 68% 60% 30% 45% 57%
166 289 221 173 250 372 261 226 246 415 351 400 421
Interest 1,851 1,869 1,898 1,854 1,783 1,750 1,735 1,772 1,793 1,756 1,765 1,757 1,764
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 86 155 77 33 124 327 163 142 94 98 -704 -294 -1
Tax % 83% 69% 35% 42% 40% 41% 50% 28% 3% 36% 6% 100% 7,689%
15 49 50 19 74 192 81 103 91 62 -743 -588 -68
EPS in Rs 8.44 3.24 12.54 27.00 11.44 14.46 12.86 8.74 -104.49 -82.66 -9.53
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 TTM
2,299 2,691 3,434 4,123 4,378 5,229 6,896 8,635 9,707 9,569 9,609 9,481
915 846 828 1,021 998 1,348 1,681 1,828 2,618 2,654 3,110 4,927
Operating Profit 1,384 1,844 2,606 3,102 3,380 3,880 5,215 6,807 7,088 6,915 6,499 4,554
OPM % 60% 69% 76% 75% 77% 74% 76% 79% 73% 72% 68% 48%
351 364 447 582 528 581 581 653 852 1,015 1,148 1,586
Interest 1,343 1,698 2,477 2,841 2,978 3,533 4,998 6,507 7,323 7,285 7,055 7,042
Depreciation 53 42 48 41 43 47 50 59 80 84 95 0
Profit before tax 339 468 528 802 888 882 747 895 537 560 497 -901
Tax % 24% 30% 27% 24% 23% 17% 32% 31% 43% 40% 32%
259 326 386 608 684 728 510 615 304 336 338 -1,336
EPS in Rs 47.19 47.50 -187.94
Dividend Payout % 19% 15% 13% 11% 12% 12% 18% 16% 4% 9% 11%
Compounded Sales Growth
10 Years: 15%
5 Years: 13%
3 Years: 4%
TTM: -1%
Compounded Profit Growth
10 Years: 3%
5 Years: -14%
3 Years: -18%
TTM: -386%
Stock Price CAGR
10 Years: 3%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 14%
5 Years: 9%
3 Years: 6%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 50 50 50 50 50 50 50 50 50 59 71
Reserves 1,282 1,549 1,668 2,200 2,791 3,414 3,816 4,315 4,910 5,667 5,950
27,163 32,887 38,203 44,589 54,134 63,884 79,077 93,371 96,155 94,873 104,068
3,368 3,507 4,183 2,511 2,481 3,629 3,043 3,843 4,171 4,996 4,417
Total Liabilities 31,862 37,993 44,105 49,349 59,455 70,977 85,987 101,579 105,285 105,595 114,507
165 160 166 172 203 221 243 286 339 432 445
CWIP 0 0 0 0 0 0 0 0 0 0 0
Investments 10,630 9,718 11,353 13,232 15,844 17,927 22,438 27,226 27,941 24,819 36,062
21,068 28,115 32,585 35,946 43,407 52,828 63,306 74,068 77,005 80,344 78,000
Total Assets 31,862 37,993 44,105 49,349 59,455 70,977 85,987 101,579 105,285 105,595 114,507

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
-1,520 1,127 630 -955 2,111
-110 -38 -54 -47 -74
184 178 461 -231 -358
Net Cash Flow -1,447 1,267 1,037 -1,233 1,679

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days -401 -357 -376 -158 -153 -133 -50 -90 -86 21 11
ROCE % 7% 8% 8% 7% 7% 8% 8% 8% 8% 7%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016
79.09% 79.09% 79.09%
0.31% 0.58% 0.78%
1.90% 1.96% 1.72%
0.91% 0.91% 0.91%
17.79% 17.46% 17.50%
No. of Shareholders 61,63360,66458,217

* 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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