Karnataka Bank Ltd

Karnataka Bank Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Karnataka Bank Ltd

₹ 176 -1.66%
28 Mar - close price
karnatakabank.com BSE: 532652 NSE: KTKBANK
About

Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.[1]

Key Points

Services Offerings
Retail and Personal Banking- Loans for houses, vehicles, gold, LAP, Personal loans, and Education Loan.
MSME- Working capital finance, Term loans & infrastructure finance, Business development loans, Corporate loans, Professional & self-employed loans.
Agriculture Banking- Agriculture & allied activities, Farm development, Agricultural land purchase, Farm mechanization, etc. [1]

Website BSE NSE
  • Market Cap ₹ 6,646 Cr.
  • Current Price ₹ 176
  • High / Low ₹ 245 / 162
  • Stock P/E 5.13
  • Book Value ₹ 305
  • Dividend Yield 3.13 %
  • ROCE 6.24 %
  • ROE 13.7 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.58 times its book value
  • Stock is providing a good dividend yield of 3.13%.
  • Company has been maintaining a healthy dividend payout of 17.9%

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 12.4% over last 3 years.
  • Contingent liabilities of Rs.15,718 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

Part of Nifty Total Market Nifty Microcap 250 BSE SmallCap BSE Allcap BSE Financial Services

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Revenue 1,565 1,579 1,629 1,771 1,851 1,969 1,959 2,027 2,113 2,201 2,278 2,234 2,243
Interest 942 922 942 968 1,016 1,109 1,144 1,204 1,285 1,367 1,375 1,401 1,450
601 629 771 471 672 823 689 670 758 938 664 674 743
Financing Profit 21 27 -83 331 162 37 126 153 70 -104 239 159 50
Financing Margin % 1% 2% -5% 19% 9% 2% 6% 8% 3% -5% 11% 7% 2%
196 257 133 260 205 395 324 250 326 419 279 270 299
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 218 284 50 592 367 432 450 402 396 315 518 429 349
Tax % 33% 54% -129% 30% 18% 18% 18% 18% 16% 13% 23% 22% 19%
146 130 114 411 301 354 371 330 331 274 400 336 284
EPS in Rs 4.71 4.18 3.66 13.22 9.64 11.32 11.87 10.56 9.55 7.27 10.61 8.90 7.50
Gross NPA % 4.11% 3.90% 4.03% 3.36% 3.28% 3.74% 3.68% 3.47% 3.64% 3.53% 3.54% 3.21% 3.11%
Net NPA % 2.45% 2.42% 2.16% 1.72% 1.66% 1.70% 1.43% 1.36% 1.55% 1.58% 1.66% 1.46% 1.39%
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Revenue 6,475 6,232 6,222 7,220 8,299 8,956
Interest 4,444 4,049 3,731 4,035 5,000 5,592
2,706 2,902 2,677 2,651 2,983 3,019
Financing Profit -676 -719 -186 534 316 345
Financing Margin % -10% -12% -3% 7% 4% 4%
1,262 1,404 954 993 1,319 1,267
Depreciation 64 74 74 86 72 0
Profit before tax 522 612 694 1,440 1,563 1,612
Tax % 17% 21% 27% 18% 16%
432 482 508 1,180 1,307 1,295
EPS in Rs 13.89 15.52 16.33 37.77 34.64 34.28
Dividend Payout % 0% 12% 24% 13% 16%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 39%
TTM: -7%
Stock Price CAGR
10 Years: 6%
5 Years: 33%
3 Years: 45%
1 Year: -22%
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 311 311 311 312 377 378
Reserves 5,660 6,331 6,783 7,900 10,470 11,166
Deposits 71,785 75,654 80,387 87,368 98,057 99,967
Borrowing 4,065 1,765 2,314 1,563 4,400 2,432
1,493 1,553 1,789 1,914 2,779 2,167
Total Liabilities 83,313 85,615 91,583 99,057 116,083 116,110
826 838 805 846 915 946
CWIP 0 1 13 29 0 0
Investments 17,545 21,635 22,040 23,325 24,300 21,459
64,942 63,142 68,725 74,857 90,868 93,705
Total Assets 83,313 85,615 91,583 99,057 116,083 116,110

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-90 3,368 -467 1,830 362
-56 -87 -56 -88 -111
-545 -885 -355 -19 1,582
Net Cash Flow -690 2,396 -879 1,723 1,833

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 8% 7% 15% 14%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
11.92% 15.46% 18.15% 19.75% 20.30% 21.03% 22.67% 19.03% 18.86% 14.72% 10.29% 11.22%
5.34% 5.34% 5.34% 5.43% 5.74% 6.00% 8.60% 17.69% 23.06% 22.85% 22.05% 20.23%
82.74% 79.20% 76.49% 74.80% 73.95% 72.95% 68.71% 63.26% 58.08% 62.43% 67.67% 68.55%
No. of Shareholders 2,32,1062,27,1402,21,5282,26,5952,35,1042,42,1252,59,5212,67,6373,00,8723,43,7973,56,7743,74,588

* 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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