Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

CANARA BANK vs HDFC BANK - Comparison Results

Rs 100 invested in...

Loading...
DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    CANARA BANK HDFC BANK CANARA BANK/
HDFC BANK
 
P/E (TTM) x 7.4 18.3 40.5% View Chart
P/BV x 1.4 3.8 35.4% View Chart
Dividend Yield % 2.1 1.3 157.4%  

Financials

 CANARA BANK   HDFC BANK
EQUITY SHARE DATA
    CANARA BANK
Mar-23
HDFC BANK
Mar-23
CANARA BANK/
HDFC BANK
5-Yr Chart
Click to enlarge
High Rs3421,722 19.8%   
Low Rs1721,272 13.5%   
Income per share (Unadj.) Rs473.4306.0 154.7%  
Earnings per share (Unadj.) Rs62.082.4 75.3%  
Cash flow per share (Unadj.) Rs154.1150.0 102.7%  
Dividends per share (Unadj.) Rs12.0019.00 63.2%  
Avg Dividend yield %4.71.3 368.3%  
Book value per share (Unadj.) Rs430.3516.7 83.3%  
Shares outstanding (eoy) m1,814.135,579.74 32.5%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.54.9 11.1%   
Avg P/E ratio x4.118.2 22.8%  
Avg P/CF ratio x1.611.1 14.8%  
Avg Price/Bookvalue ratio x0.62.9 20.6%  
Dividend payout %19.323.0 83.9%   
Avg Mkt Cap Rs m465,5978,351,759 5.6%   
No. of employees `000NANA-   
Total wages & salary Rs m142,927200,169 71.4%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m858,8471,707,541 50.3%  
Other income Rs m253,250339,121 74.7%   
Interest expense Rs m529,901777,799 68.1%   
Net interest income Rs m328,947929,741 35.4%  
Operating expense Rs m302,454515,337 58.7%   
Gross profit Rs m26,492414,404 6.4%  
Gross profit margin %3.124.3 12.7%  
Provisions/contingencies Rs m171,665292,038 58.8%   
Profit before tax Rs m144,267614,984 23.5%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-898-1,516 59.3%   
Prior Period Items Rs m5,3680-   
Tax Rs m36,189153,497 23.6%   
Profit after tax Rs m112,547459,971 24.5%  
Net profit margin %13.126.9 48.6%  
BALANCE SHEET DATA
Advances Rs m8,309,29216,619,493 50.0%   
Deposits Rs m11,790,86518,826,633 62.6%  
Credit/Deposit ratio x70.588.3 79.8%  
Yield on advances %7.48.2 90.4%   
Cost of deposits %4.13.3 126.7%   
Net Interest Margin %2.84.3 65.0%  
Net fixed assets Rs m103,33484,756 121.9%   
Share capital Rs m18,1415,580 325.1%   
Free reserves Rs m762,3962,877,623 26.5%   
Net worth Rs m780,5382,883,203 27.1%   
Borrowings Rs m580,7322,565,487 22.6%   
Investments Rs m3,528,9275,115,817 69.0%   
Total assets Rs m13,810,29625,304,324 54.6%  
Debt/equity ratio x15.97.4 213.6%   
Return on assets %0.81.8 44.8%  
Return on equity %14.416.0 90.4%  
Capital adequacy ratio %16.719.3 86.6%  
Net NPAs %1.70.3 640.7%  
CASH FLOW
From Operations Rs m-399,779208,137 -192.1%  
From Investments Rs m-12,378-34,239 36.2%  
From Financial Activity Rs m4,454239,406 1.9%  
Net Cashflow Rs m-406,886417,621 -97.4%  

Share Holding

Indian Promoters % 62.9 0.0 -  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 25.5 83.0 30.7%  
FIIs % 11.2 52.3 21.4%  
ADR/GDR % 0.0 0.0 -  
Free float % 37.1 100.0 37.1%  
Shareholders   644,770 3,018,247 21.4%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare CANARA BANK With:   ICICI BANK    AXIS BANK    SBI    PNB    KOTAK MAHINDRA BANK    


More on Canara Bank vs HDFC Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Canara Bank vs HDFC Bank Share Price Performance

Period Canara Bank HDFC Bank S&P BSE BANKEX
1-Day 3.05% 0.52% 0.82%
1-Month 5.59% 2.84% 2.48%
1-Year 111.04% -8.35% 19.28%
3-Year CAGR 58.17% -2.31% 12.00%
5-Year CAGR 14.51% 4.71% 9.40%

* Compound Annual Growth Rate

Here are more details on the Canara Bank share price and the HDFC Bank share price.

Moving on to shareholding structures...

The promoters of Canara Bank hold a 62.9% stake in the company. In case of HDFC Bank the stake stands at 0.0%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Canara Bank and the shareholding pattern of HDFC Bank.

Finally, a word on dividends...

In the most recent financial year, Canara Bank paid a dividend of Rs 12.0 per share. This amounted to a Dividend Payout ratio of 19.3%.

HDFC Bank paid Rs 19.0, and its dividend payout ratio stood at 23.0%.

You may visit here to review the dividend history of Canara Bank, and the dividend history of HDFC Bank.

For a sector overview, read our banking sector report.



Today's Market

Sensex Today Rallies 639 Points | Suzlon Energy Surges 5%, Grasim Industries 4% | 3 Reasons Why Indian Share Market is Rising Sensex Today Rallies 639 Points | Suzlon Energy Surges 5%, Grasim Industries 4% | 3 Reasons Why Indian Share Market is Rising(Closing)

After opening the day on positive note, Indian share markets gained the momentum as the session progressed and ended on firm footing.