IDBI Bank Ltd.

NSE: IDBI  SECTOR: Bank - Private

37.1
+0.25 (0.68%)

Price Summary

Today's High

₹ 0

Today's Low

₹ 0

52 Week High

₹ 55.75

52 Week Low

₹ 17.5

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

38512.00373258 Cr.

CASA %

47.7412163146685

No. of Shares

1038.0593998 Cr.

P/E

0

P/B

1.38

Face Value

₹ 10

Div. Yield

0%

Book Value (TTM)

₹  26.968

Net Interest Income

6977.8404 Cr.

Cost To Income %

55.3464730015358

Promoter Holding

98.11%

EPS (TTM)

₹  -4.9697

CAR %

13.31%

ROE

-44.130912153461 %

ROCE

-8.0907374506723 %

Profit Growth

-61.8835134613352 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

ROE%

1 Year-44.13%
3 Year-52.63%
5 Year-40.1%

ROA%

1 Year-4.16%
3 Year-3.66%
5 Year-2.68%

Net NPA%

1 Year4.19%
3 Year10.33%
5 Year10.2%

 NIM

1 Year2.88%
3 Year2.35%
5 Year2.14%

CAR %

13.31

Cost of Liabilities %

5.34288105028751

PEG Ratio

NA

Advances Growth %

-11.5461534432823

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 98.11 0
Dec 2019 98.11 0
Sep 2019 97.46 0
Jun 2019 97.46 0
Mar 2019 97.46 0
* Figures given above are % of equity capital

 Strengths

 Looks like the company does not have any notable strengths.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is -3.65988977108925%
  • Company has a low ROE of -52.6251557522935% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 10.33%.
  • High Cost to income ratio of 55.3464730015358%.
  • The company has delivered poor Profit Growth of -179.287717777037% over the past 3 years.
  • The company has delivered poor Income growth of -9.17059813859358% over the past 3 years.
  • Poor Advances growth of -12.045303120015% in last 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
Interest Earned 5198.36 4937.24 5598.45 4897.42 4689.21
Other Income 1032.66 1278.36 1326.49 1003.6 1071.85
Interest Expended 3566.88 3404.88 3242.18 3123.98 2994.08
Operating Expenses 1654.7 1532.88 1808.96 1451.02 1520.78
Total Provisions 5641.32 521.95 1584.14 888.05 581.15
Profit Before Tax -4631.88 755.89 289.66 437.97 665.05
Tax -1173.04 6518.93 154.27 293.54 340.65
Net Profit -3458.84 -5763.04 135.39 144.43 324.4
Net NPA % 5.97 5.25 4.19 3.55 2.67
Gross NPA % 29.43 28.72 27.53 26.81 25.08
Return on Assets % -4.54 -7.63 0.18 0.2 0.43
NPM % -66.54 -116.73 2.42 2.95 6.92

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Interest Earned 28042.76 27791.37 23026.53 22071.24 20825.14
Other Income 3410.7 4007.83 7013.58 3300.3 4470.33
Interest Expended 21953.81 22039.71 17386.21 16165.62 13847.3
Operating Expenses 4129.58 5140.81 4744.69 5153.79 6336.16
Total Provisions 10340.82 13236.71 20501.75 26879.29 14079.44
Profit Before Tax -4970.75 -8618.02 -12592.53 -22827.16 -8967.43
Taxes -1305.95 -3459.88 -4354.61 -7710.87 3919.9
Net Profit -3664.8 -5158.14 -8237.92 -15116.29 -12887.33
Adjusted EPS (Rs.) -17.8 -25.05 -26.71 -19.54 -12.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 2058.82 2058.82 3083.86 7736.29 10380.59
Total Reserves 25662.97 20504.83 18125.87 29875.4 23643.77
Deposits 265719.83 268538.1 247931.61 227371.72 222424.13
Borrowings 70591.64 56363.98 63185.53 45287.72 36748.86
Other Liabilities 11356.57 14408.75 17758.85 10013.35 6745.02
Total Liabilities 375389.83 361874.47 350085.72 320284.49 299942.37
Assets
Balance with RBI 13822.91 13346.92 13163.69 12730.47 10538.83
Balance with Banks 9777.63 19337.16 20522.4 8503.23 19891.57
Investments 92997.14 92934.41 91606.06 93072.63 81780.42
Advances 215893.45 190825.93 171739.95 146790.44 129841.79
Net Block 7023.13 6808.94 6269.1 7763.37 7642.15
Other Assets 35451.39 38081.27 46282.64 50956.74 49760.58
Total Assets 375389.83 361874.47 350085.72 320284.49 299942.37
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

IDBI Stock Price Analysis and Quick Research Report. Is IDBI an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how IDBI is performing and if it is the right time to buy the stock of IDBI with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. IDBI has earned Rs 20825.1445 Cr. revenue in the latest financial year. It has posted Poor revenue growth of -9.17059813859358 % in last 3 Years.

  • In terms of advances, the bank reported -11.5461534432823 % YOY,  fall . If you see 3 years advance growth, it stands at -12.045303120015 %.

  • Currently the company has a CASA ratio of 47.7412163146686 %. It’s overall cost of liability stands at 5.34288105028751 %. Also, the total deposits from these accounts stood at Rs 222424.1251 Cr.

  • The Bank has a Poor ROA track record. The ROA of IDBI is at -4.1556829800481 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 27.53 % and 4.19 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -47.6197286709441 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of IDBI decreased and is currently at Rs 44.70333 Cr.

  • The company has a Good Capital Adequacy Ratio of 13.31 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently IDBI is trading at a P/B of 1.37570453871255 . The historical average PB was 0.964895133036865.

Brief about IDBI

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