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IDBI BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    IDBI BANK CANARA BANK IDBI BANK/
CANARA BANK
 
P/E (TTM) x 16.4 7.4 220.8% View Chart
P/BV x 1.9 1.4 139.1% View Chart
Dividend Yield % 1.2 2.1 59.8%  

Financials

 IDBI BANK   CANARA BANK
EQUITY SHARE DATA
    IDBI BANK
Mar-23
CANARA BANK
Mar-23
IDBI BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs62342 18.1%   
Low Rs31172 17.8%   
Income per share (Unadj.) Rs19.2473.4 4.0%  
Earnings per share (Unadj.) Rs3.462.0 5.6%  
Cash flow per share (Unadj.) Rs5.4154.1 3.5%  
Dividends per share (Unadj.) Rs1.0012.00 8.3%  
Avg Dividend yield %2.24.7 46.2%  
Book value per share (Unadj.) Rs43.1430.3 10.0%  
Shares outstanding (eoy) m10,752.401,814.13 592.7%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.40.5 445.5%   
Avg P/E ratio x13.44.1 324.4%  
Avg P/CF ratio x5.61.6 344.1%  
Avg Price/Bookvalue ratio x1.10.6 180.0%  
Dividend payout %29.019.3 150.0%   
Avg Mkt Cap Rs m497,299465,597 106.8%   
No. of employees `000NANA-   
Total wages & salary Rs m36,914142,927 25.8%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m205,915858,847 24.0%  
Other income Rs m45,754253,250 18.1%   
Interest expense Rs m91,304529,901 17.2%   
Net interest income Rs m114,611328,947 34.8%  
Operating expense Rs m72,326302,454 23.9%   
Gross profit Rs m42,28526,492 159.6%  
Gross profit margin %20.53.1 665.7%  
Provisions/contingencies Rs m51,171171,665 29.8%   
Profit before tax Rs m36,868144,267 25.6%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-219-898 24.4%   
Prior Period Items Rs m4115,368 7.7%   
Tax Rs m036,189 0.0%   
Profit after tax Rs m37,061112,547 32.9%  
Net profit margin %18.013.1 137.3%  
BALANCE SHEET DATA
Advances Rs m1,625,4588,309,292 19.6%   
Deposits Rs m2,553,22211,790,865 21.7%  
Credit/Deposit ratio x63.770.5 90.3%  
Yield on advances %8.27.4 111.1%   
Cost of deposits %3.14.1 74.0%   
Net Interest Margin %4.42.8 156.9%  
Net fixed assets Rs m93,048103,334 90.0%   
Share capital Rs m107,52418,141 592.7%   
Free reserves Rs m355,668762,396 46.7%   
Net worth Rs m463,192780,538 59.3%   
Borrowings Rs m126,378580,732 21.8%   
Investments Rs m1,004,0873,528,927 28.5%   
Total assets Rs m3,314,97713,810,296 24.0%  
Debt/equity ratio x5.815.9 36.5%   
Return on assets %1.10.8 137.2%  
Return on equity %8.014.4 55.5%  
Capital adequacy ratio %20.416.7 122.5%  
Net NPAs %0.91.7 53.2%  
CASH FLOW
From Operations Rs m-26,009-399,779 6.5%  
From Investments Rs m-2,945-12,378 23.8%  
From Financial Activity Rs m-35,6454,454 -800.4%  
Net Cashflow Rs m-64,485-406,886 15.8%  

Share Holding

Indian Promoters % 94.7 62.9 150.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.5 25.5 1.9%  
FIIs % 0.3 11.2 2.9%  
ADR/GDR % 0.0 0.0 -  
Free float % 5.3 37.1 14.3%  
Shareholders   636,699 644,770 98.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare IDBI BANK With:   HDFC BANK    ICICI BANK    AXIS BANK    SBI    PNB    


More on IDBI Bank vs Canara Bank

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

Here's a brief comparison:

IDBI Bank vs Canara Bank Share Price Performance

Period IDBI Bank Canara Bank S&P BSE BANKEX
1-Day 1.89% 3.05% 0.82%
1-Month -5.11% 5.59% 2.48%
1-Year 86.93% 111.04% 19.28%
3-Year CAGR 27.93% 58.17% 12.00%
5-Year CAGR 12.70% 14.51% 9.40%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of IDBI Bank hold a 94.7% stake in the company. In case of Canara Bank the stake stands at 62.9%.

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

Finally, a word on dividends...

In the most recent financial year, IDBI Bank paid a dividend of Rs 1.0 per share. This amounted to a Dividend Payout ratio of 29.0%.

Canara Bank paid Rs 12.0, and its dividend payout ratio stood at 19.3%.

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

For a sector overview, read our banking sector report.



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