State Bank of Bikaner and Jaipur(Merged)

State Bank of Bikaner and Jaipur(Merged)

₹ 772 0.99%
15 Mar 2017
About

State Bank of Bikaner and Jaipur (the Bank) offers services like: Personal Banking that comes with various deposit plans that the customer can choose from depending on the nature of deposit, term period, unique saving and withdrawal features; NRI Services.

  • Market Cap 5,403 Cr.
  • Current Price 772
  • High / Low /
  • Stock P/E
  • Book Value 963
  • Dividend Yield 0.00 %
  • ROCE 7.45 %
  • ROE 13.3 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.80 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 13.8% over last 3 years.
  • Contingent liabilities of Rs.50,248 Cr.
  • Dividend payout has been low at 12.8% 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
2,120 2,117 2,227 2,252 2,283 2,243 2,430 2,410 2,408 2,344 2,447 2,327 2,262
658 815 614 722 698 699 662 754 783 867 1,534 1,391 995
Operating Profit 1,462 1,302 1,613 1,530 1,586 1,544 1,767 1,656 1,626 1,477 913 936 1,267
OPM % 69% 62% 72% 68% 69% 69% 73% 69% 68% 63% 37% 40% 56%
169 336 183 158 193 392 254 210 228 365 325 288 384
Interest 1,388 1,377 1,475 1,511 1,536 1,542 1,608 1,592 1,539 1,548 1,577 1,550 1,577
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 243 262 321 177 243 394 413 274 315 294 -340 -327 74
Tax % 37% 9% 33% 33% 33% 29% 34% 34% 34% 34% -35% -36% 21%
152 238 215 119 163 280 271 181 206 193 -222 -210 58
EPS in Rs 21.71 33.95 30.66 16.95 23.34 40.04 38.66 25.80 29.45 27.60 -31.65 -30.01 8.26
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
1,966 2,374 3,052 3,810 3,977 4,796 6,291 7,498 8,169 9,005 9,592 9,380
1,024 897 889 1,009 1,055 1,527 1,856 2,254 2,614 2,696 2,969 4,787
Operating Profit 942 1,477 2,163 2,802 2,923 3,270 4,435 5,244 5,555 6,310 6,623 4,593
OPM % 48% 62% 71% 74% 73% 68% 70% 70% 68% 70% 69% 49%
362 493 478 599 583 640 599 726 876 926 1,057 1,361
Interest 973 1,435 2,113 2,707 2,766 3,027 4,070 4,932 5,345 6,064 6,288 6,253
Depreciation 67 58 60 41 49 57 54 57 76 37 96 0
Profit before tax 264 477 468 652 690 825 910 981 1,011 1,135 1,296 -299
Tax % 45% 36% 33% 38% 34% 33% 28% 26% 28% 32% 34%
145 306 315 403 455 551 652 730 732 777 851 -181
EPS in Rs 78.70 93.15 104.32 104.53 110.98 121.51 -25.80
Dividend Payout % 22% 16% 16% 15% 16% 15% 16% 15% 14% 13% 12%
Compounded Sales Growth
10 Years: 17%
5 Years: 15%
3 Years: 9%
TTM: -1%
Compounded Profit Growth
10 Years: 19%
5 Years: 9%
3 Years: 5%
TTM: -119%
Stock Price CAGR
10 Years: 1%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 16%
5 Years: 15%
3 Years: 14%
Last Year: 13%

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 70 70 70 70 70
Reserves 1,356 1,604 1,663 1,996 2,367 2,802 4,095 4,694 5,286 5,943 6,673
22,906 29,647 35,178 41,660 49,034 56,866 64,527 77,958 80,581 91,813 98,893
3,202 3,207 4,263 2,664 2,692 3,236 3,836 3,294 4,940 4,476 4,700
Total Liabilities 27,514 34,507 41,154 46,370 54,144 62,954 72,528 86,017 90,877 102,302 110,336
162 142 161 162 198 209 202 231 264 353 398
CWIP 1 1 0 9 1 0 0 0 0 40 1
Investments 7,932 8,735 10,498 10,999 13,600 13,521 16,669 20,146 17,750 22,139 24,782
19,418 25,630 30,495 35,200 40,344 49,224 55,657 65,640 72,862 79,770 85,155
Total Assets 27,514 34,507 41,154 46,370 54,144 62,954 72,528 86,017 90,877 102,302 110,336

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
542 1,352 -97 22 157 -1,825 -1,825 2,235 1,100 1,704 2,279
-107 -37 -78 -52 -77 -46 -46 -86 -108 -166 -102
242 587 380 -170 -216 279 279 -266 -322 -608 -291
Net Cash Flow 677 1,903 204 -200 -137 -1,593 -1,593 1,882 670 930 1,886

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 -412 -387 -406 -161 -161 -97 -109 -75 -144 -85 -83
ROCE % 7% 8% 8% 7% 7% 8% 8% 8% 8% 7%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016
75.07% 75.07% 75.07%
1.09% 1.23% 1.18%
8.87% 9.25% 9.22%
14.97% 14.45% 14.53%
No. of Shareholders 60,07258,94156,796

* 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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