Is The Karnataka Bank a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that The Karnataka Bank Ltd is a below average quality company .

Is The Karnataka Bank undervalued or overvalued?

The key valuation ratios of The Karnataka Bank Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is The Karnataka Bank share price return in the past 10 years?

The Karnataka Bank Ltd share price has appreciated 6.7% annually (CAGR) over the past ten years.

Is The Karnataka Bank a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of The Karnataka Bank Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of The Karnataka Bank?

The latest standalone P/E ratio of The Karnataka Bank as of 03-Dec-2024 is 5.91.

What is the P/B ratio of The Karnataka Bank?

The latest standalone P/B ratio of The Karnataka Bank as of 03-Dec-2024 is 0.72.

What is the 52-week high and low of The Karnataka Bank?

The 52-week high of The Karnataka Bank is Rs. 286.35 and the 52-week low is Rs. 192.25.

What is the TTM revenue of The Karnataka Bank?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of The Karnataka Bank is Rs. 8825.29 (Cr.).

The Karnataka Bank Ltd - Stock Valuation and Financial Performance

Name: The Karnataka Bank
Brand: The Karnataka Bank

BSE: 532652 | NSE: KTKBANK | Bank - Private | Small Cap

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Karnataka Bank Share Price

₹217.75 7.70 3.67%
as on 03-Dec'24 16:59

10 Year X-Ray of Karnataka Bank:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Net Interest Income (₹ Cr.)	1,169	1,303	1,491	1,858	1,905	2,030	2,183	2,491	3,185	3,299	3,399
YoY Gr. Rt. %	-	11.5%	14.4%	24.6%	2.6%	6.6%	7.5%	14.1%	27.9%	3.6%	-
Total Income	5,205	5,535	5,995	6,378	6,908	7,736	7,637	7,176	8,213	9,617	10,120
YoY Gr. Rt. %	-	6.3%	8.3%	6.4%	8.3%	12%	-1.3%	-6%	14.5%	17.1%	-
Adj EPS (₹ )	17.7	16.3	14.6	10.5	15.4	13.9	15.5	16.4	37.8	34.6	35.5
YoY Gr. Rt. %	-	-8%	-10.9%	-28%	46.6%	-9.5%	11.7%	5.4%	131.1%	-8.4%	-
BVPS (₹ )	133.1	144.9	151.8	160.6	172.8	176.9	198.7	213.3	246.6	274.2	292.3
YoY Gr. Rt. %	-	8.9%	4.8%	5.8%	7.6%	2.4%	12.3%	7.3%	15.7%	11.2%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0.9	0.8	0.8	0.5	0.6	0.5	0.6	0.6	1.2	1.2	1.2
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	2	2.4	2.6	3	3	3.1	3.2	2.4	1.7	1.6	1.5
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	12.2%	11.6%	14.8%	3.6%
Total Income	7.1%	6.8%	8%	17.1%
Adj EPS	7.7%	17.7%	30.7%	-8.4%
BVPS	8.4%	9.7%	11.3%	11.2%
Share Price	6.7%	26%	49%	-0.2%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Interest Earned / Total Income	90.26	90.19	86.5	85.04	85.5	83.69	81.61	86.71	87.91	86.29	87.2
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	2.4	2.5	2.5	2.8	2.6	2.6	2.8	3	3.6	3.2	2.9
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	14	11.7	10.8	6.7	9.2	7.9	8.3	7.9	16.5	14.5	12.1
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	24.9	26.3	29	28	28.1	28.9	31.5	33	33	32	-

Recent Performance Summary

Total Income has increased 7.99 CAGR in last 3 years

Net Profit has increased 30.67 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Return on Equity has declined versus last 3 years average to 12.50%

Total income growth is poor in last 4 quarters

Latest Financials - The Karnataka Bank Ltd.

	Standalone	Consolidated
TTM EPS (₹)	35.5	35.5
TTM Sales (₹ Cr.)	8,825	8,825
BVPS (₹.) ⓘ	292.3	292.3
Reserves (₹ Cr.) ⓘ	10,662	10,661
P/BV ⓘ	0.72	0.72
PE ⓘ	5.91	5.91

From the Market
52 Week Low / High (₹)	192.25 / 286.35
All Time Low / High (₹)	11.17 / 286.35
Market Cap (₹ Cr.)	7,934
Equity (₹ Cr.)	377.7
Face Value (₹)	10
Industry PE ⓘ	18.1

Management X-Ray of Karnataka Bank:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Karnataka Bank

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Karnataka Bank

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	5,205	5,535	5,995	6,378	6,908	7,736	7,637	7,176	8,213	9,617
Interest Income	4,698	4,992	5,185	5,424	5,906	6,475	6,232	6,222	7,220	8,299
Other Income ⓘ	507	543	809	954	1,002	1,262	1,404	954	993	1,319
Expenditure	4,754	5,120	5,542	6,052	6,431	7,305	7,154	6,667	7,033	8,311
Interest Expense	3,530	3,689	3,695	3,566	4,001	4,444	4,049	3,731	4,035	5,000
Operating Expenses	902	991	1,304	1,339	1,457	1,635	1,679	1,811	1,969	2,454
Provisions	322	439	544	1,148	973	1,225	1,426	1,125	1,028	857
Profit Before Tax	559	528	468	310	608	522	612	695	1,441	1,563
Taxes	108	113	16	-15	131	90	129	186	261	256
Profit After Tax	451	415	452	326	477	432	483	509	1,180	1,306
Adjusted EPS (₹)	17.74	16.32	14.55	10.47	15.35	13.89	15.52	16.35	37.79	34.63
Dividend Payout Ratio (%)	21%	23%	25%	26%	21%	0%	12%	24%	13%	16%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	188	188	283	283	283	311	311	311	312	377
Total Reserves ⓘ	3,198	3,499	4,860	5,128	5,503	5,660	6,331	6,784	7,901	10,470
Minority Interest	0	0	0	0	0	0	0	0	0	0
Deposits	46,009	50,488	56,733	62,871	68,452	71,785	75,655	80,387	87,368	98,058
Borrowings ⓘ	1,038	1,051	833	816	3,326	4,065	1,765	2,314	1,563	4,400
Other Liabilities	1,404	1,273	1,330	1,276	1,483	1,493	1,553	1,789	1,914	2,780
Total Liabilities ⓘ	51,837	56,500	64,039	70,374	79,046	83,313	85,615	91,584	99,058	1,16,085
Assets
Balance with RBI	2,488	2,646	2,929	3,546	3,412	2,756	4,866	3,957	5,204	7,656
Balance with Banks	126	399	345	55	198	163	449	480	955	337
Investments ⓘ	14,032	16,257	20,220	15,444	16,185	17,545	21,635	22,041	23,326	24,302
Advances	31,680	33,902	36,916	47,252	54,828	56,964	51,516	56,783	59,952	71,509
Net Block ⓘ	292	307	721	762	775	826	838	805	846	915
Other Assets	3,219	2,990	2,909	3,315	3,648	5,058	6,310	7,505	8,746	11,367
Total Assets ⓘ	51,837	56,500	64,039	70,374	79,046	83,313	85,615	91,584	99,058	1,16,085

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	648	636	-184	721	-2,231	-90	3,369	-467	1,830	362
Cash Flow From Investing Activity ⓘ	-80	-58	-40	-91	-68	-56	-87	-56	-87	-111
Cash Flow From Financing Activity ⓘ	-291	-147	453	-303	2,307	-545	-885	-355	-20	1,582
Net Cash Flow ⓘ	277	431	229	327	9	-690	2,396	-879	1,723	1,833

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	24	22	16	12	17	14	16	16	38	35
DPS (₹)	5	5	4	3	4	0	2	4	5	6
BVPS (₹)	180	196	167	177	190	177	199	213	247	274
Margin Ratios
Yield on Advances (%)	14.8	14.7	14.1	11.5	10.8	11.4	12.1	11.0	12.0	11.6
Yield on Investments (%)	8.5	7.7	7.8	8.8	7.8	8.9	8.2	6.2	6.2	6.2
Cost of Liabilities (%)	7.5	7.2	6.4	5.6	5.6	5.9	5.2	4.5	4.5	4.9
NIM (%)	2.4	2.5	2.5	2.8	2.6	2.6	2.8	3.0	3.6	3.2
Interest Spread (%)	7.3	7.6	7.6	5.9	5.2	5.5	6.9	6.5	7.5	6.7
Performance Ratios
ROA (%)	0.9	0.8	0.8	0.5	0.6	0.5	0.6	0.6	1.2	1.2
ROE (%)	14.0	11.7	10.8	6.7	9.2	7.9	8.3	7.9	16.5	14.5
ROCE (%)	14.5	13.7	10.5	6.6	10.3	8.0	8.8	9.4	17.6	14.3
Efficiency Ratios
Cost to Income Ratio (%)	53.9	53.7	56.7	47.6	50.1	49.7	46.8	52.6	47.1	53.2
Operating Costs to Assets (%)	1.7	1.8	2.0	1.9	1.8	2.0	2.0	2.0	2.0	2.1
Valuation Parameters
Price/Book(x)	0.7	0.5	0.8	0.7	0.7	0.2	0.3	0.3	0.6	0.8

The Karnataka Bank Ltd Stock News

The Karnataka Bank Ltd FAQs

What is the share price of Karnataka Bank?

Company share prices are keep on changing according to the market conditions. The closing price of Karnataka Bank on 03-Dec-2024 16:59 is ₹217.8.

What is the market cap of Karnataka Bank?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of Karnataka Bank stood at ₹7,933.6.

What is the P/E ratio of Karnataka Bank?

The latest P/E ratio of Karnataka Bank as of 03-Dec-2024 16:59 is 5.91.

What is the P/B ratio of Karnataka Bank?

The latest P/B ratio of Karnataka Bank as of 03-Dec-2024 16:59 is 0.72.

What is the 52-week high and low of Karnataka Bank?

The 52-week high of Karnataka Bank is ₹286.4 and the 52-week low is ₹192.2.

What is the TTM revenue of Karnataka Bank?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karnataka Bank is ₹8,825 ( Cr.) .

About The Karnataka Bank Ltd

Karnataka Bank Ltd., a leading 'A' Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of Dakshina Kannada district in Karnataka State. The bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank grew with the merger of Sringeri Sharada Bank Ltd., Chitradurga Bank Ltd. and Bank of Karnataka. Presently, it has emerged as a leading financial service institution in India.

Business area of the bank

Personal Banking- Under this Karnataka Bank offers wide range of products and services such as saving accounts, deposit scheme, home loans, education loans, debit card, mobile banking, internet banking and many more. Corporate Banking- It offers spectrum of services to its corporates client such as working capital finance, term loans, Infrastructure finance and other services. For its insurance services it has a tie up with Metlife India Insurance Company and Bajaj Allianz General Insurance Company. It also provides RTGS and Money Transfer Facility to its NRI clients through Western Union Money Transfer.

Awards

2015-16

Karnataka Bank Bags MSME Banking Excellence Awards 2015'. -'Karnataka Bank Bags Four Assocham Social Banking Excellence Awards'. -'Karnataka Bank introduced one more new technology based facility 'Online Account Opening'. -Karnataka Bank bags IBA Banking Technology Award. -'Karnataka Bank Launches 'Cash Back Campaign' on VISA Debit Cards'. -Karnataka Bank launches anti-tobacco campaign as part of CSR. - 'Karnataka Bank bags CFBP Jamnalal Bajaj Awards 2015'. -'Karnataka Bank bags IDRBT Banking Technology Award'. -'Karnataka Bank launches 'KBL POS MANAGER' Android Mobile App for its POS (EDC) Merchants'.

2017-18

ASSOCHAM Social Banking Excellence Award 2017 under the category “Overall Best Social Bank for Small Bank Class”, received on 17-02-2018.
ET NOW BFSI (Banking Financial Services & Insurance) Awards, 2018 under the categories ‘Bank with more Rural Branch expansion’ and ‘Bank with leading Financial Inclusion initiatives’, received on 14-02-2018.
Award for achieving 100% Branch activation of the social security scheme Atal Pension Yojana, in the ‘Atal Pension Yojana, People First Campaign - Uttar Pradesh’, organized by PFRDA, received on 06-02-2018.
'Best Financial Services & Foreign Exchange Earner in Southern Region’ award for the year 2016-17 under GOLD Category, instituted by FIEO, received on 18-01-2018.
ASSOCHAM India - SMEs Excellence Award 2017, for rendering Excellent Service in SME Sector under Private Sector category, instituted by ASSOCHAM, India, received on 14-12-2017.
Appreciation certificate “Impactful Financial Inclusion through Innovations & Process” for the bank’s contribution in the Financial Inclusion space, instituted jointly by Union Bank of India and CNBC TV18, received on 05-12-2017.

2018-19

‘Bank with Best Technology Orientation” and “Best Corporate Social Responsibility Practices” awards instituted by ET NOW – World BFSI Congress, received on 14-02-2019.
Award in Atal Pension Yojana “Perform for Pride” Campaign under Branch Category, conducted by PFRDA, received on 11-02-2019.
Award in Atal Pension Yojana “Lead to Leap Award” Campaign, conducted by PFRDA, received on 16-11-2018.
ASSOCHAM SMEs Excellence Award – 2018, under “Excellent Service (Private Sector)” category, instituted by ASSOCHAM, received on 24-10-2018.
Award in Atal Pension Yojana “Winners Arts of Possible” Campaign 2018-19, conducted by PFRDA, received on 05-10-2018.
Award in Atal Pension Yojana “Winners of Winning Wednesday” Campaign under Branch Category, conducted by PFRDA, received on 05-10-2018.
Award in Atal Pension Yojana “Winners of Winning Wednesday” Campaign under RO Category, conducted by PFRDA, received on 05-10-2018.
Best Performing Bank award in the Atal Pension Yojana ‘People First’ campaign at Tamilnadu for 100% Branch Activation of APY scheme, conducted by PFRDA, received on 06-08-2018.
Best Performing Bank award in the Atal Pension Yojana ‘Icons of Inspiration’ Campaign held from 14-03-2018 to 31-03-2018, conducted by PFRDA, received on 06-08-2018.
‘Best MSME Bank Award - Runner Up’ instituted by Chamber of Indian Micro Small & Medium Enterprises [CIMSME], received on 20-07-2018.

2019-20

Best MSME offering under Private Sector category in ASSOCHAM 7th National MSMEs Excellence Awards, instituted by ASSOCHAM, received on 30-01-2020.
Third Best Performed Bank award at National Level under Old Private Sector Bank Category for the year 2018-2019, instituted by State Forum of Bankers’ Clubs, Kerala, received on 15-12-2019.
ET Business Excellence Award 2019, in the category “Excellence in Banking Service” received on 19-09-2019.
STP Award 2018: In recognition of Bank’s outstanding payment formatting and straight-through rate, instituted by Bank of New York, Mellon.
Bank’s in-house magazine ‘ABHYUDAYA ‘- awarded as the Best In House Magazine in the National Awards for Marketing Excellence presented by Business Television India (BTVI).
Bank bags Atal Pension Yojana “Game Changers” award instituted by PFRDA on 01-07-2019, for achieving 100% of AAPB target for the FY 2018-19.

2020-21