J&K BANK | AXIS BANK | J&K BANK/ AXIS BANK |
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P/E (TTM) | x | 9.2 | 24.1 | 38.1% | View Chart |
P/BV | x | 1.5 | 2.5 | 59.6% | View Chart |
Dividend Yield | % | 0.4 | 0.1 | 391.2% |
J&K BANK AXIS BANK |
EQUITY SHARE DATA | |||||
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J&K BANK Mar-23 |
AXIS BANK Mar-23 |
J&K BANK/ AXIS BANK |
5-Yr Chart Click to enlarge
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High | Rs | 63 | 970 | 6.5% | |
Low | Rs | 24 | 618 | 3.9% | |
Income per share (Unadj.) | Rs | 90.7 | 284.2 | 31.9% | |
Earnings per share (Unadj.) | Rs | 11.4 | 35.2 | 32.6% | |
Cash flow per share (Unadj.) | Rs | 46.1 | 159.7 | 28.9% | |
Dividends per share (Unadj.) | Rs | 0.50 | 1.00 | 50.0% | |
Avg Dividend yield | % | 1.2 | 0.1 | 917.7% | |
Book value per share (Unadj.) | Rs | 95.9 | 420.4 | 22.8% | |
Shares outstanding (eoy) | m | 1,031.48 | 3,076.85 | 33.5% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 0.5 | 2.8 | 17.1% | |
Avg P/E ratio | x | 3.8 | 22.6 | 16.7% | |
Avg P/CF ratio | x | 2.4 | 11.4 | 21.3% | |
Avg Price/Bookvalue ratio | x | 0.5 | 1.9 | 23.9% | |
Dividend payout | % | 4.4 | 2.8 | 153.6% | |
Avg Mkt Cap | Rs m | 44,637 | 2,443,867 | 1.8% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 27,086 | 96,650 | 28.0% | |
Avg. income/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Interest income | Rs m | 93,552 | 874,484 | 10.7% | |
Other income | Rs m | 7,652 | 187,064 | 4.1% | |
Interest expense | Rs m | 46,094 | 433,892 | 10.6% | |
Net interest income | Rs m | 47,458 | 440,592 | 10.8% | |
Operating expense | Rs m | 36,509 | 412,271 | 8.9% | |
Gross profit | Rs m | 10,949 | 28,322 | 38.7% | |
Gross profit margin | % | 11.7 | 3.2 | 361.4% | |
Provisions/contingencies | Rs m | 6,616 | 106,859 | 6.2% | |
Profit before tax | Rs m | 17,856 | 186,212 | 9.6% | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Minority Interest | Rs m | 0 | -1,001 | -0.0% | |
Prior Period Items | Rs m | -181 | 659 | -27.4% | |
Tax | Rs m | 5,870 | 77,685 | 7.6% | |
Profit after tax | Rs m | 11,805 | 108,185 | 10.9% | |
Net profit margin | % | 12.6 | 12.4 | 102.0% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 822,776 | 8,683,875 | 9.5% | |
Deposits | Rs m | 1,220,272 | 9,458,247 | 12.9% | |
Credit/Deposit ratio | x | 67.4 | 91.8 | 73.4% | |
Yield on advances | % | 8.5 | 7.7 | 110.7% | |
Cost of deposits | % | 3.6 | 3.4 | 106.3% | |
Net Interest Margin | % | 4.1 | 3.8 | 106.4% | |
Net fixed assets | Rs m | 22,244 | 47,104 | 47.2% | |
Share capital | Rs m | 1,032 | 6,154 | 16.8% | |
Free reserves | Rs m | 97,932 | 1,287,403 | 7.6% | |
Net worth | Rs m | 98,963 | 1,293,556 | 7.7% | |
Borrowings | Rs m | 28,923 | 2,062,136 | 1.4% | |
Investments | Rs m | 347,804 | 2,880,948 | 12.1% | |
Total assets | Rs m | 1,459,126 | 13,444,180 | 10.9% | |
Debt/equity ratio | x | 12.6 | 8.9 | 141.7% | |
Return on assets | % | 0.8 | 0.8 | 100.5% | |
Return on equity | % | 11.9 | 8.4 | 142.6% | |
Capital adequacy ratio | % | 15.4 | 17.6 | 87.4% | |
Net NPAs | % | 1.6 | 0.4 | 415.4% |
CASH FLOW | |||||
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From Operations | Rs m | -4,071 | 220,748 | -1.8% | |
From Investments | Rs m | -1,235 | -326,944 | 0.4% | |
From Financial Activity | Rs m | 6,376 | 66,405 | 9.6% | |
Net Cashflow | Rs m | 1,070 | -36,356 | -2.9% |
Indian Promoters | % | 59.4 | 8.2 | 724.4% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 13.6 | 83.5 | 16.3% | |
FIIs | % | 5.8 | 54.7 | 10.6% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 40.6 | 91.8 | 44.2% | |
Shareholders | 204,193 | 785,502 | 26.0% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare J&K BANK With: HDFC BANK ICICI BANK SBI KOTAK MAHINDRA BANK BANDHAN BANK
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | J&K Bank | Axis Bank | S&P BSE BANKEX |
---|---|---|---|
1-Day | 2.10% | -0.50% | 0.82% |
1-Month | -2.83% | -2.45% | 2.48% |
1-Year | 193.99% | 25.79% | 19.28% |
3-Year CAGR | 72.73% | 14.68% | 12.00% |
5-Year CAGR | 20.41% | 6.09% | 9.40% |
* Compound Annual Growth Rate
Here are more details on the J&K Bank share price and the Axis Bank share price.
Moving on to shareholding structures...
The promoters of J&K Bank hold a 59.4% stake in the company. In case of Axis Bank the stake stands at 8.2%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of J&K Bank and the shareholding pattern of Axis Bank.
Finally, a word on dividends...
In the most recent financial year, J&K Bank paid a dividend of Rs 0.5 per share. This amounted to a Dividend Payout ratio of 4.4%.
Axis Bank paid Rs 1.0, and its dividend payout ratio stood at 2.8%.
You may visit here to review the dividend history of J&K Bank, and the dividend history of Axis Bank.
For a sector overview, read our banking sector report.
After opening the day on positive note, Indian share markets gained the momentum as the session progressed and ended on firm footing.