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Karnataka Bank share price

The Karnataka Bank Ltd.

NSE: KTKBANK BSE: 532652 SECTOR: Bank - Private  80k   307   80

225.80
+1.05 (0.47%)
NSE: Today, 11:54 AM

Price Summary

Today's High

₹ 227.9

Today's Low

₹ 225.1

52 Week High

₹ 286.55

52 Week Low

₹ 127.75

FinStar

Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8514.28 Cr.

CASA %

32.97

No. of Shares

37.71 Cr.

P/E

6.14

P/B

0.84

Face Value

₹ 10

Div. Yield

2.21 %

Book Value (TTM)

₹  267.4

Net Interest Income

3185.1 Cr.

Cost To Income %

47.14

Promoter Holding

0 %

EPS (TTM)

₹  36.75

CAR %

17.45

ROE

16.46 %

ROCE

17.61%

Profit Growth

132.05 %

* 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 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

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Ratios

ROE%

1 Year16.46%
3 Year10.89%
5 Year9.96%

ROA%

1 Year1.24%
3 Year0.79%
5 Year0.71%

Net NPA%

1 Year1.7%
3 Year2.43%
5 Year2.67%

 NIM

1 Year3.56%
3 Year3.11%
5 Year2.9%

CAR %

17.45

Cost of Liabilities %

4.53738241008208

PEG Ratio

0.05

Advances Growth %

5.57996949242339

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 0 0
Dec 2023 0 0
Sep 2023 0 0
Jun 2023 0 0
Mar 2023 0 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 3.11180748209806% since last 3 years.
  • Good Capital Adequacy Ratio of 17.45%.
  • The company has delivered good Profit growth of 39.8204791389111% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.794522606976764%
  • CASA Growth of 0.00702181733770146% YoY, which is very low.
  • High Cost to income ratio of 47.1422972626117%.
  • The company has delivered poor Income growth of 3.69920589598551% over the past 3 years.
  • Poor Advances growth of 1.71838653617684% in last 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Interest Earned 1850.8 1969.3 1958.74 2026.59 2112.61
Other Income 204.51 395.24 323.84 249.59 326.08
Interest Expended 1016.04 1109.25 1144.06 1204.18 1285.01
Operating Expenses 507.4 569.53 537.35 549.85 613.48
Total Provisions 164.87 253.26 151.57 119.87 144.41
Profit Before Tax 367 432.5 449.6 402.28 395.79
Tax 66.32 78.75 78.9 72.02 64.71
Net Profit 300.68 353.75 370.7 330.26 331.08
Net NPA % 1.66 1.7 1.43 1.36 1.55
Gross NPA % 3.28 3.74 3.68 3.47 3.64
Return on Assets % 1.21 1.4 1.47 1.27 1.21
NPM % 16.25 17.96 18.93 16.3 15.67

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Interest Earned 5905.96 6474.77 6232.41 6221.66 7220.23
Other Income 1001.96 1261.63 1404.2 953.88 992.58
Interest Expended 4000.84 4444.41 4049.23 3730.63 4035.13
Operating Expenses 1457.27 1635.22 1679.11 1810.92 1969.45
Total Provisions 842 1134.74 1296.35 939.44 767.18
Profit Before Tax 607.81 522.03 611.93 694.56 1441.04
Taxes 130.57 90.25 129.36 185.94 260.8
Net Profit 477.24 431.78 482.57 508.62 1180.24
Adjusted EPS (Rs.) 15.35 13.89 15.52 16.35 37.79

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 282.62 310.88 310.88 311.17 312.35
Total Reserves 5502.57 5659.56 6331.48 6783.5 7900.95
Deposits 68452.12 71785.15 75654.86 80386.85 87368.01
Borrowings 3325.51 4065.12 1764.88 2313.84 1562.72
Other Liabilities 1482.94 1492.77 1553.33 1788.57 1914.25
Total Liabilities 79045.76 83313.49 85615.43 91583.99 99058.34
Assets
Balance with RBI 3411.66 2756.05 4866.15 3957.22 5204.23
Balance with Banks 198.09 163.44 449.42 479.54 955.23
Investments 16184.99 17545.34 21635.19 22041 23326.37
Advances 54828.2 56964.27 51515.85 56783.14 59951.62
Net Block 775 826.42 837.85 805 846.08
Other Assets 3647.82 5057.96 6310.47 7504.94 8745.66
Total Assets 79045.76 83313.49 85615.43 91583.99 99058.34
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

 No Promoters Data available for this company.
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PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 100.00 100.00 100.00 100.00 100.00
b sumanthkumar reddy 2.39 - 2.40 2.13 1.88
bajaj allianz life insura... - - - - 2.26
hdfc life insurance compa... - - - 3.91 3.60
hsbc midcap fund - - - - 2.66
icici lombard general ins... - - - - 1.00
investor education and pr... 0.32 - 0.35 0.32 0.29
life insurance corporatio... 4.66 4.66 4.17 3.77 3.46
lsv emerging markets equi... 1.39 1.39 1.32 1.19 1.06
quant mutual fund - quant... - - 2.48 - 3.91
zeal global opportunities... 2.49 2.49 2.49 2.24 2.01
bajaj allianz general ins... - - - 2.71 -
quant mutual fund - quant... - - - 4.26 -
sreenadha reddy nayani 1.16 1.16 1.16 1.05 -
zinnia global fund pcc - ... 1.22 - 1.22 1.10 -
acadian emerging markets ... 1.13 - 1.13 - -
acadian emerging markets ... - 1.13 - - -
b sumanth kumar reddy - 2.39 - - -
investor education and pr... - 0.32 - - -
zinnia global fund pcc ce... - 1.22 - - -
sreenadha reddy nayani 1.16 1.16 1.16 1.05 -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Karnataka Bank expands collaboration with FISDOM11 Apr 2024, 12:33PM Karnataka Bank informs about unaudited interim financial statements12 Mar 2024, 9:45AM Karnataka Bank enters into MoU with Northern Arc Capital 30 Jan 2024, 9:49AM Karnataka Bank reports 10% rise in Q3 consolidated net profit24 Jan 2024, 12:20PM Karnataka Bank - Quaterly Results23 Jan 2024, 4:06PM Karnataka Bank - Quaterly Results23 Jan 2024, 4:06PM Karnataka Bank - Quaterly Results23 Jan 2024, 4:06PM Karnataka Bank informs about allotment of equity shares17 Jan 2024, 3:42PM Karnataka Bank opens 915th Branch in Ayodhya12 Jan 2024, 11:27AM Karnataka Bank partners with Digivriddhi10 Jan 2024, 9:46AM Karnataka Bank enters into co-lending agreement with Satin Creditcare Network5 Jan 2024, 4:21PM Karnataka Bank enters into strategic corporate tie-up with Bajaj Allianz Life Insurance Company23 Nov 2023, 4:56PM Karnataka Bank enters into strategic corporate tie-up with HDFC Life20 Nov 2023, 4:25PM Karnataka Bank - Quaterly Results2 Nov 2023, 2:20PM Karnataka Bank - Quaterly Results2 Nov 2023, 2:20PM Karnataka Bank - Quaterly Results2 Nov 2023, 2:20PM Karnataka Bank informs about disclosure 16 Oct 2023, 5:18PM Karnataka Bank informs about compliance certificate6 Oct 2023, 3:28PM Karnataka Bank launches new corporate salary account schemes4 Oct 2023, 11:09AM Karnataka Bank reports over 3-fold jump in Q1 consolidated net profit3 Aug 2023, 4:30PM Karnataka Bank - Quaterly Results3 Aug 2023, 2:37PM Karnataka Bank - Quaterly Results3 Aug 2023, 2:37PM Karnataka Bank - Quaterly Results3 Aug 2023, 2:37PM Karnataka Bank inaugurates ‘Technology & Digital Hub’ at Bengaluru6 Jul 2023, 9:29AM Karnataka Bank informs about disclosure3 Jul 2023, 4:33PM Karnataka Bank informs about disclosure21 Jun 2023, 4:28PM Karnataka Bank informs about loss of share certificate21 Jun 2023, 4:10PM Karnataka Bank - Quaterly Results26 May 2023, 8:15PM Karnataka Bank - Quaterly Results26 May 2023, 8:15PM Karnataka Bank informs about loss of share certificate28 Apr 2023, 12:15PM Karnataka Bank launches special campaign for Home loans ‘KBL Centenary Mahotsav’18 Apr 2023, 9:34AM Karnataka Bank authorized by RBI for collection of Direct and Indirect Taxes on behalf of CBDT, CBIC12 Apr 2023, 3:51PM Karnataka Bank aiming business growth of 17.69% in 2023-2410 Apr 2023, 12:59PM Karnataka Bank’s gross advances rise 6% in Q4FY233 Apr 2023, 11:51AM Karnataka Bank informs about loss of share certificate1 Apr 2023, 3:26PM Karnataka Bank informs about payment of interest 21 Mar 2023, 12:21PM Karnataka Bank informs about cessation of director14 Mar 2023, 4:22PM Karnataka Bank informs about loss of share certificates3 Mar 2023, 4:51PM Karnataka Bank informs about loss of share certificates24 Feb 2023, 11:54AM Karnataka Bank, Paisalo Digital ink co-lending agreement 24 Feb 2023, 10:52AM Karnataka Bank informs about press release 15 Feb 2023, 3:21PM Karnataka Bank wins award from MeitY for highest percentage in BHIM-UPI transactions15 Feb 2023, 11:29AM Karnataka Bank informs about update on conference call10 Feb 2023, 1:01PM Karnataka Bank reports over 2-fold jump in Q3 net profit3 Feb 2023, 12:45PM Karnataka Bank - Quaterly Results2 Feb 2023, 7:25PM Karnataka Bank - Quaterly Results2 Feb 2023, 7:25PM Karnataka Bank informs about record date 19 Jan 2023, 12:48PM Karnataka Bank informs about loss of share certificates4 Jan 2023, 12:08PM Karnataka Bank’s gross advances rise 12% in Q3FY233 Jan 2023, 12:00PM Karnataka Bank informs about loss of share certificates30 Dec 2022, 4:17PM

Karnataka Bank Stock Price Analysis and Quick Research Report. Is Karnataka Bank 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 Karnataka Bank is performing and if it is the right time to buy the stock of Karnataka Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Karnataka Bank has earned Rs 7220.2312 Cr. revenue in the latest financial year. Karnataka Bank has posted Poor revenue growth of 3.69920589598551 % in last 3 Years.

  • In terms of advances, Karnataka Bank reported 5.57996949242339 % YOY,  rise . If you see 3 years advance growth, it stands at 1.71838653617684 %.

  • Currently, Karnataka Bank has a CASA ratio of 32.9720983396713 %. It’s overall cost of liability stands at 4.53738241008208 %. Also, the total deposits of Karnataka Bank from these accounts stood at Rs 87368.0122 Cr.

  • Karnataka Bank has a average ROA track record. The ROA of Karnataka Bank is at 1.23817495251502 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 3.74 % and 1.7 % 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 -18.3358612682651 % 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 Karnataka Bank surged and is currently at Rs 992.5753 Cr.

  • Karnataka Bank has a Good Capital Adequacy Ratio of 17.45 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Karnataka Bank is trading at a P/B of 0.8437 . The historical average PB of Karnataka Bank was 0.411866858355584.

  • Share Price: - The current share price of Karnataka Bank is Rs 224.75. One can use valuation calculators of ticker to know if Karnataka Bank share price is undervalued or overvalued.

Last Updated on:
Brief about Karnataka Bank

The Karnataka Bank Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

The Karnataka Bank Ltd., established in 1924, is a leading private sector bank in India. Headquartered in Mangalore, Karnataka, the bank offers a wide range of banking and financial services to its customers, including retail banking, corporate banking, and agricultural banking. With a strong customer base and a robust presence across the country, the Karnataka Bank has established itself as a trusted name in the banking industry.

The Karnataka Bank Ltd. - Share Price

The share price of The Karnataka Bank Ltd. represents the value of the company's stock in the financial markets. The share price is influenced by various factors such as the company's financial performance, market sentiment, industry trends, and macroeconomic conditions. Investors can track the share price of The Karnataka Bank Ltd. on our website using our pre-built screening tools, which provide real-time information and analysis.

The Karnataka Bank Ltd. - Balance Sheet

The balance sheet of The Karnataka Bank Ltd. provides a snapshot of the company's financial position at a specific point in time. It reflects the company's assets, liabilities, and shareholders' equity. Investors can access the balance sheet of The Karnataka Bank Ltd. on our website, along with premium features such as fair value calculation using tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

The Karnataka Bank Ltd. - Annual Report

The annual report of The Karnataka Bank Ltd. is a comprehensive document that provides detailed information about the company's performance, strategy, and outlook for the future. It includes financial statements, management discussion and analysis, and other relevant information. Investors can download the annual report of The Karnataka Bank Ltd. from our website for a deeper understanding of the company's operations and financials.

The Karnataka Bank Ltd. - Dividend

Dividends are a distribution of a portion of a company's earnings to its shareholders. The Karnataka Bank Ltd. has a track record of consistently paying dividends to its shareholders. Investors can stay updated on the dividend history of The Karnataka Bank Ltd. through our website, which provides information on dividend announcements and payouts.

The Karnataka Bank Ltd. - Quarterly Results

The quarterly results of The Karnataka Bank Ltd. provide insights into the company's performance and financial health on a quarterly basis. Investors can access the quarterly results of The Karnataka Bank Ltd. on our website, along with premium features that allow fair value calculation using tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

The Karnataka Bank Ltd. - Stock Price

The stock price of The Karnataka Bank Ltd. represents the market value of the company's stock. It is determined by the forces of supply and demand in the financial markets. Investors can track the stock price of The Karnataka Bank Ltd. on our website using our pre-built screening tools, which provide real-time information and analysis.

The Karnataka Bank Ltd. - Price Chart

The price chart of The Karnataka Bank Ltd. visually represents the historical price movement of the company's stock over a specific period. Investors can analyze the price chart of The Karnataka Bank Ltd. on our website to identify patterns, trends, and potential investment opportunities.

The Karnataka Bank Ltd. - News

Stay updated with the latest news and updates about The Karnataka Bank Ltd. on our website. Our platform provides a comprehensive collection of news articles, press releases, and market updates related to the company. Investors can rely on our website to access timely and relevant news to make informed investment decisions.

The Karnataka Bank Ltd. - Concall Transcripts

Concall transcripts provide a detailed record of the conference calls conducted by The Karnataka Bank Ltd. with analysts and investors. These transcripts offer valuable insights into the company's performance, future plans, and management's perspective. Investors can download the concall transcripts of The Karnataka Bank Ltd. from our website for a better understanding of the company's strategies and outlook.

The Karnataka Bank Ltd. - Investor Presentations

Investor presentations are an effective medium through which The Karnataka Bank Ltd. communicates its strategies, performance, and future plans to the investor community. These presentations provide a comprehensive overview of the company's operations, financials, and growth prospects. Investors can access the investor presentations of The Karnataka Bank Ltd. on our website to gain deeper insights into the company's business.

The Karnataka Bank Ltd. - Promoters

The promoters of The Karnataka Bank Ltd. are the individuals, groups, or entities who founded and established the bank. They play a significant role in shaping the company's strategy, vision, and direction. Investors can find information about the promoters of The Karnataka Bank Ltd. on our website, along with other key details about their involvement in the company.

The Karnataka Bank Ltd. - Shareholders

Shareholders of The Karnataka Bank Ltd. are the individuals or entities that own shares of the company's stock. They have a stake in the company's ownership and are entitled to certain rights such as voting rights and dividends. Investors can access information about the shareholders of The Karnataka Bank Ltd. on our website, including details about institutional investors, mutual funds, and individual shareholders.

At our website, we strive to provide comprehensive and up-to-date information for long-term stock investors seeking stock analysis. Our pre-built screening tools, downloadable reports, and premium features like fair value calculation tools make it easier for investors to understand and analyze the performance and potential of The Karnataka Bank Ltd.

Note: The article does not include any numbers or financial data points about the stock.

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