BSE: 590003 | NSE: KARURVYSYA | Bank - Private | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Karur Vysya Bank Ltd is a below average quality company.
The key valuation ratios of Karur Vysya Bank Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Karur Vysya Bank Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
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.) | 1,466 | 1,781 | 2,074 | 2,298 | 2,363 | 2,348 | 2,360 | 2,715 | 3,349 | 3,809 | 4,081 | |
| YoY Gr. Rt. % | - | 21.5% | 16.4% | 10.8% | 2.8% | -0.6% | 0.5% | 15.1% | 23.3% | 13.8% | - | |
| Total Income | 5,977 | 6,150 | 6,405 | 6,600 | 6,779 | 7,145 | 6,389 | 6,357 | 7,675 | 9,863 | 10,839 | |
| YoY Gr. Rt. % | - | 2.9% | 4.1% | 3.1% | 2.7% | 5.4% | -10.6% | -0.5% | 20.8% | 28.5% | - | |
| Adj EPS (₹ ) | 6.4 | 7.9 | 8.4 | 4.3 | 2.6 | 2.9 | 4.5 | 8.4 | 13.8 | 20 | 22.4 | |
| YoY Gr. Rt. % | - | 24.3% | 6.7% | -48.7% | -38.9% | 11.4% | 53.1% | 87.1% | 63.8% | 44.7% | - | |
| BVPS (₹ ) | 59 | 63.6 | 70 | 78.4 | 80.4 | 82.6 | 87.1 | 94.9 | 107 | 124.8 | 135.4 | |
| YoY Gr. Rt. % | - | 7.7% | 10.1% | 12% | 2.5% | 2.8% | 5.5% | 9% | 12.7% | 16.6% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 0.9 | 1 | 1 | 0.5 | 0.3 | 0.3 | 0.5 | 0.9 | 1.3 | 1.6 | 1.6 | |
| To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net NPA to Net Advances (%) | 0.7 | 0.6 | 2.5 | 4.2 | 5 | 3.9 | 3.4 | 2.3 | 0.7 | 0.4 | 0.3 | |
| To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Capital Adequacy Ratio (%) | - | - | - | - | - | - | - | - | - | - | - | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 11.2% | 10% | 17.3% | 13.8% | ||||
| Total Income | 5.7% | 7.8% | 15.6% | 28.5% | ||||
| Adj EPS | 13.6% | 49.9% | 64.3% | 44.7% | ||||
| BVPS | 8.7% | 9.2% | 12.7% | 16.6% | ||||
| Share Price | 8.7% | 29.4% | 70% | 35.4% | ||||
| 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 | 90.28 | 88.51 | 87.79 | 86.36 | 85.8 | 83.84 | 85.62 | 87.9 | 84.9 | 83.18 | 83 | |
| Margins | To view Margins Colour Rating Guide click here ⓘ | |||||||||||
| NIM (%) | 2.9 | 3.2 | 3.5 | 3.5 | 3.5 | 3.5 | 3.3 | 3.5 | 3.9 | 3.8 | 3.6 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 12.1 | 12.9 | 12.6 | 6.1 | 3.3 | 3.6 | 5.3 | 9.3 | 13.7 | 17.2 | 16.4 | |
| Liquidity Ratio | To view Liquidity Ratio Colour Rating Guide click here ⓘ | |||||||||||
| CASA (%) | 22 | 23.3 | 27.7 | 29.1 | 29.9 | 31.3 | 34.2 | 34.9 | 33.2 | 30.4 | - | |
Return on Equity has increased versus last 3 years average to 17.20%
Total Income has increased 15.57 CAGR in last 3 years
Net Profit has increased 64.28 CAGR in last 3 years
Net NPA to Net Advances has declined versus last 3 years average
Total income growth is good in last 4 quarters
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 22.4 | - |
| TTM Sales (₹ Cr.) | 8,992 | - |
| BVPS (₹.) ⓘ | 135.4 | - |
| Reserves (₹ Cr.) ⓘ | 10,807 | - |
| P/BV ⓘ | 1.64 | - |
| PE ⓘ | 9.91 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 156.75 / 246.15 |
| All Time Low / High (₹) | 3.26 / 246.15 |
| Market Cap (₹ Cr.) | 17,836 |
| Equity (₹ Cr.) | 161 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 17.7 |
| Pledged * | 8.17 | 7.43 | 7.20 | 7.23 | 7.53 | 7.39 | 7.27 | 6.70 | 4.62 | 4.65 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 5,977 | 6,150 | 6,405 | 6,600 | 6,779 | 7,145 | 6,389 | 6,357 | 7,675 | 9,863 |
| Interest Income | 5,396 | 5,443 | 5,622 | 5,700 | 5,816 | 5,990 | 5,470 | 5,588 | 6,517 | 8,204 |
| Other Income ⓘ | 581 | 707 | 782 | 900 | 963 | 1,155 | 919 | 769 | 1,159 | 1,659 |
| Expenditure | 5,521 | 5,583 | 5,799 | 6,254 | 6,568 | 6,910 | 6,030 | 5,683 | 6,569 | 8,258 |
| Interest Expense | 3,930 | 3,662 | 3,549 | 3,402 | 3,453 | 3,642 | 3,111 | 2,872 | 3,168 | 4,395 |
| Operating Expenses | 1,103 | 1,185 | 1,285 | 1,421 | 1,615 | 1,742 | 1,987 | 1,854 | 2,032 | 2,639 |
| Provisions | 488 | 735 | 965 | 1,432 | 1,500 | 1,526 | 932 | 957 | 1,370 | 1,224 |
| Profit Before Tax | 463 | 912 | 883 | 504 | 322 | 272 | 534 | 931 | 1,437 | 2,100 |
| Taxes | 7 | 344 | 277 | 158 | 111 | 37 | 175 | 258 | 331 | 495 |
| Profit After Tax | 456 | 568 | 606 | 346 | 211 | 235 | 359 | 673 | 1,106 | 1,605 |
| Adjusted EPS (₹) | 6.35 | 7.89 | 8.42 | 4.32 | 2.64 | 2.94 | 4.50 | 8.42 | 13.79 | 19.95 |
| Dividend Payout Ratio (%) | 35% | 30% | 26% | 13% | 23% | 0% | 11% | 19% | 15% | 12% |
| 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 ⓘ | 122 | 122 | 122 | 145 | 160 | 160 | 160 | 160 | 160 | 161 |
| Total Reserves ⓘ | 4,117 | 4,451 | 4,914 | 6,119 | 6,263 | 6,440 | 6,799 | 7,436 | 8,421 | 9,875 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deposits | 44,690 | 50,079 | 53,700 | 56,890 | 59,868 | 59,075 | 63,278 | 68,486 | 76,638 | 89,113 |
| Borrowings ⓘ | 2,901 | 2,894 | 1,696 | 2,394 | 1,565 | 1,184 | 2,528 | 1,339 | 1,432 | 2,478 |
| Other Liabilities | 1,322 | 1,439 | 1,376 | 1,393 | 1,484 | 1,419 | 1,857 | 2,651 | 3,528 | 3,958 |
| Total Liabilities ⓘ | 53,152 | 58,985 | 61,808 | 66,941 | 69,340 | 68,278 | 74,623 | 80,071 | 90,179 | 1,05,585 |
Assets | ||||||||||
| Balance with RBI | 2,693 | 2,529 | 2,790 | 2,960 | 2,935 | 2,733 | 3,514 | 3,594 | 4,279 | 5,588 |
| Balance with Banks | 56 | 363 | 1,555 | 1,349 | 762 | 1,660 | 2,806 | 1,332 | 416 | 71 |
| Investments ⓘ | 12,375 | 14,443 | 14,857 | 15,803 | 14,882 | 15,762 | 16,019 | 17,216 | 18,808 | 22,344 |
| Advances | 36,109 | 39,084 | 40,908 | 44,800 | 48,581 | 46,098 | 50,364 | 54,661 | 63,134 | 73,667 |
| Net Block ⓘ | 395 | 417 | 411 | 475 | 545 | 563 | 518 | 464 | 418 | 412 |
| Other Assets | 1,508 | 2,146 | 1,279 | 1,501 | 1,598 | 1,438 | 1,381 | 2,789 | 3,107 | 3,483 |
| Total Assets ⓘ | 53,152 | 58,985 | 61,808 | 66,941 | 69,340 | 68,278 | 74,623 | 80,071 | 90,179 | 1,05,585 |
| 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 ⓘ | -309 | 580 | 1,611 | -550 | -1,576 | 2,504 | 3,366 | 295 | 1,217 | 2,954 |
| Cash Flow From Investing Activity ⓘ | -102 | -92 | -84 | -170 | 549 | -1,535 | -1,379 | -1,594 | -1,270 | -1,296 |
| Cash Flow From Financing Activity ⓘ | 482 | -346 | -74 | 683 | 414 | -274 | -59 | -96 | -178 | -694 |
| Net Cash Flow ⓘ | 71 | 143 | 1,453 | -36 | -612 | 696 | 1,928 | -1,394 | -231 | 963 |
| 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 (₹) | 37 | 47 | 10 | 5 | 3 | 3 | 5 | 8 | 14 | 20 |
| DPS (₹) | 13 | 14 | 3 | 1 | 1 | 0 | 1 | 2 | 2 | 2 |
| BVPS (₹) | 349 | 375 | 83 | 86 | 80 | 83 | 87 | 95 | 107 | 125 |
Margin Ratios | ||||||||||
| Yield on Advances (%) | 14.9 | 13.9 | 13.7 | 12.7 | 12.0 | 13.0 | 10.9 | 10.2 | 10.3 | 11.1 |
| Yield on Investments (%) | 9.9 | 8.2 | 8.8 | 7.8 | 8.2 | 9.5 | 7.2 | 5.1 | 6.0 | 7.3 |
| Cost of Liabilities (%) | 8.3 | 6.9 | 6.4 | 5.7 | 5.6 | 6.0 | 4.7 | 4.1 | 4.1 | 4.8 |
| NIM (%) | 2.9 | 3.2 | 3.5 | 3.5 | 3.5 | 3.5 | 3.3 | 3.5 | 3.9 | 3.8 |
| Interest Spread (%) | 6.7 | 7.0 | 7.3 | 7.0 | 6.4 | 7.0 | 6.1 | 6.1 | 6.3 | 6.3 |
Performance Ratios | ||||||||||
| ROA (%) | 0.9 | 1.0 | 1.0 | 0.5 | 0.3 | 0.3 | 0.5 | 0.9 | 1.3 | 1.6 |
| ROE (%) | 12.1 | 12.9 | 12.6 | 6.1 | 3.3 | 3.6 | 5.3 | 9.3 | 13.7 | 17.2 |
| ROCE (%) | 12.4 | 15.6 | 13.9 | 7.7 | 5.2 | 5.0 | 7.3 | 11.1 | 16.2 | 20.2 |
Efficiency Ratios | ||||||||||
| Cost to Income Ratio (%) | 53.9 | 47.6 | 45.0 | 44.4 | 48.6 | 49.7 | 60.6 | 53.2 | 45.1 | 48.3 |
| Operating Costs to Assets (%) | 2.1 | 2.0 | 2.1 | 2.1 | 2.3 | 2.6 | 2.7 | 2.3 | 2.3 | 2.5 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 1.6 | 1.2 | 1.4 | 1.2 | 0.9 | 0.3 | 0.6 | 0.5 | 1.0 | 1.5 |
Karur Vysya Bank (KVB) was started in the year 1916 in Karur, then a small textile town with a vast agricultural background, by two people M.A. Venkatarama Chettiar and Athi Krishna Chettiar. What started as a venture with a seed capital of Rs. 1.20 lakh has grown into a leading financial institution that offers a gamut of financial services, under one roof, to millions of its customers.
KVB is one of the earliest banks in the country to achieve full networking of its branches under Core Banking Solutions. The Bank has always been a frontrunner in adopting and leveraging on technology to offer products and services to its customers. The Bank was one of the pioneers in deploying ATMs, Bunch Note Recycler Machines, fully automated passbook printers & Cheque Deposit Kiosks as a move towards self- service banking. The Bank also set a blazing trail in implementing Internet Banking and Mobile Banking to its customers.
The bank offers the KVB Multicurrency Travel Card specially designed to make foreign travel convenient and risk-free. The KVB Multicurrency Travel Card is an EMV Chip Card authenticated by VISA and is acceptable at millions of VISA enabled ATMs and VISA enabled merchant outlets across the globe. The unique feature of KVB Multicurrency Travel Card is loading of eight currencies (USD, SGD, EURO, CAD, GBP, JPY, CHF, SEK) simultaneously in a single card.
Business area of the company
The bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.
Services offered
Accounts
Loans
Cards
Awards and Accolades
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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