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CANARA BANK vs AXIS BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    CANARA BANK AXIS BANK CANARA BANK/
AXIS BANK
 
P/E (TTM) x 7.4 23.6 31.3% View Chart
P/BV x 1.3 2.5 54.8% View Chart
Dividend Yield % 2.1 0.1 2,132.2%  

Financials

 CANARA BANK   AXIS BANK
EQUITY SHARE DATA
    CANARA BANK
Mar-23
AXIS BANK
Mar-23
CANARA BANK/
AXIS BANK
5-Yr Chart
Click to enlarge
High Rs342970 35.2%   
Low Rs172618 27.8%   
Income per share (Unadj.) Rs473.4284.2 166.6%  
Earnings per share (Unadj.) Rs62.035.2 176.4%  
Cash flow per share (Unadj.) Rs154.1159.7 96.5%  
Dividends per share (Unadj.) Rs12.001.00 1,200.0%  
Avg Dividend yield %4.70.1 3,713.7%  
Book value per share (Unadj.) Rs430.3420.4 102.3%  
Shares outstanding (eoy) m1,814.133,076.85 59.0%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.52.8 19.4%   
Avg P/E ratio x4.122.6 18.3%  
Avg P/CF ratio x1.611.4 14.4%  
Avg Price/Bookvalue ratio x0.61.9 31.6%  
Dividend payout %19.32.8 680.1%   
Avg Mkt Cap Rs m465,5972,443,867 19.1%   
No. of employees `000NANA-   
Total wages & salary Rs m142,92796,650 147.9%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m858,847874,484 98.2%  
Other income Rs m253,250187,064 135.4%   
Interest expense Rs m529,901433,892 122.1%   
Net interest income Rs m328,947440,592 74.7%  
Operating expense Rs m302,454412,271 73.4%   
Gross profit Rs m26,49228,322 93.5%  
Gross profit margin %3.13.2 95.2%  
Provisions/contingencies Rs m171,665106,859 160.6%   
Profit before tax Rs m144,267186,212 77.5%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-898-1,001 89.8%   
Prior Period Items Rs m5,368659 815.2%   
Tax Rs m36,18977,685 46.6%   
Profit after tax Rs m112,547108,185 104.0%  
Net profit margin %13.112.4 105.9%  
BALANCE SHEET DATA
Advances Rs m8,309,2928,683,875 95.7%   
Deposits Rs m11,790,8659,458,247 124.7%  
Credit/Deposit ratio x70.591.8 76.8%  
Yield on advances %7.47.7 96.1%   
Cost of deposits %4.13.4 123.4%   
Net Interest Margin %2.83.8 72.9%  
Net fixed assets Rs m103,33447,104 219.4%   
Share capital Rs m18,1416,154 294.8%   
Free reserves Rs m762,3961,287,403 59.2%   
Net worth Rs m780,5381,293,556 60.3%   
Borrowings Rs m580,7322,062,136 28.2%   
Investments Rs m3,528,9272,880,948 122.5%   
Total assets Rs m13,810,29613,444,180 102.7%  
Debt/equity ratio x15.98.9 178.0%   
Return on assets %0.80.8 101.3%  
Return on equity %14.48.4 172.4%  
Capital adequacy ratio %16.717.6 94.6%  
Net NPAs %1.70.4 443.6%  
CASH FLOW
From Operations Rs m-399,779220,748 -181.1%  
From Investments Rs m-12,378-326,944 3.8%  
From Financial Activity Rs m4,45466,405 6.7%  
Net Cashflow Rs m-406,886-36,356 1,119.2%  

Share Holding

Indian Promoters % 62.9 8.2 765.6%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 25.0 84.0 29.7%  
FIIs % 10.6 53.8 19.6%  
ADR/GDR % 0.0 0.0 -  
Free float % 37.1 91.8 40.4%  
Shareholders   759,083 786,166 96.6%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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


More on Canara Bank vs Axis 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 Axis Bank Share Price Performance

Period Canara Bank Axis Bank S&P BSE BANKEX
1-Day -0.73% 0.50% 1.02%
1-Month 5.67% -1.93% 2.05%
1-Year 96.27% 17.88% 12.30%
3-Year CAGR 64.88% 16.68% 14.92%
5-Year CAGR 16.67% 6.38% 10.00%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Canara Bank hold a 62.9% 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 Canara Bank and the shareholding pattern of Axis 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%.

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 Canara Bank, and the dividend history of Axis Bank.

For a sector overview, read our banking sector report.



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