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?  

INDUSIND BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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

Current Valuations

    INDUSIND BANK CANARA BANK INDUSIND BANK/
CANARA BANK
 
P/E (TTM) x 13.3 7.4 180.3% View Chart
P/BV x 2.1 1.3 156.2% View Chart
Dividend Yield % 0.9 2.1 45.5%  

Financials

 INDUSIND BANK   CANARA BANK
EQUITY SHARE DATA
    INDUSIND BANK
Mar-23
CANARA BANK
Mar-23
INDUSIND BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs1,275342 373.3%   
Low Rs764172 444.8%   
Income per share (Unadj.) Rs468.7473.4 99.0%  
Earnings per share (Unadj.) Rs95.962.0 154.6%  
Cash flow per share (Unadj.) Rs184.3154.1 119.6%  
Dividends per share (Unadj.) Rs14.0012.00 116.7%  
Avg Dividend yield %1.44.7 29.4%  
Book value per share (Unadj.) Rs708.3430.3 164.6%  
Shares outstanding (eoy) m775.901,814.13 42.8%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.20.5 401.2%   
Avg P/E ratio x10.64.1 256.9%  
Avg P/CF ratio x5.51.6 334.9%  
Avg Price/Bookvalue ratio x1.40.6 241.3%  
Dividend payout %14.619.3 75.4%   
Avg Mkt Cap Rs m791,025465,597 169.9%   
No. of employees `000NANA-   
Total wages & salary Rs m41,787142,927 29.2%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m363,679858,847 42.3%  
Other income Rs m81,728253,250 32.3%   
Interest expense Rs m187,758529,901 35.4%   
Net interest income Rs m175,921328,947 53.5%  
Operating expense Rs m113,459302,454 37.5%   
Gross profit Rs m62,46326,492 235.8%  
Gross profit margin %17.23.1 556.8%  
Provisions/contingencies Rs m69,759171,665 40.6%   
Profit before tax Rs m99,322144,267 68.8%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-898 -0.0%   
Prior Period Items Rs m45,368 0.1%   
Tax Rs m24,89136,189 68.8%   
Profit after tax Rs m74,435112,547 66.1%  
Net profit margin %20.513.1 156.2%  
BALANCE SHEET DATA
Advances Rs m2,899,2378,309,292 34.9%   
Deposits Rs m3,361,20211,790,865 28.5%  
Credit/Deposit ratio x86.370.5 122.4%  
Yield on advances %10.37.4 139.8%   
Cost of deposits %4.74.1 112.7%   
Net Interest Margin %4.72.8 169.7%  
Net fixed assets Rs m19,435103,334 18.8%   
Share capital Rs m7,75918,141 42.8%   
Free reserves Rs m541,844762,396 71.1%   
Net worth Rs m549,603780,538 70.4%   
Borrowings Rs m490,112580,732 84.4%   
Investments Rs m830,7573,528,927 23.5%   
Total assets Rs m4,578,36613,810,296 33.2%  
Debt/equity ratio x7.015.9 44.2%   
Return on assets %1.60.8 199.5%  
Return on equity %13.514.4 93.9%  
Capital adequacy ratio %17.916.7 107.1%  
Net NPAs %0.61.7 34.1%  
CASH FLOW
From Operations Rs m-124,423-399,779 31.1%  
From Investments Rs m-5,602-12,378 45.3%  
From Financial Activity Rs m11,1484,454 250.3%  
Net Cashflow Rs m-118,079-406,886 29.0%  

Share Holding

Indian Promoters % 0.0 62.9 -  
Foreign collaborators % 16.4 0.0 -  
Indian inst/Mut Fund % 68.7 25.0 275.4%  
FIIs % 39.8 10.6 377.2%  
ADR/GDR % 0.0 0.0 -  
Free float % 83.6 37.1 225.5%  
Shareholders   398,181 759,083 52.5%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare INDUSIND BANK With:   HDFC BANK    AXIS BANK    ICICI BANK    SBI    KOTAK MAHINDRA BANK    


More on Indusind 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:

Indusind Bank vs Canara Bank Share Price Performance

Period Indusind Bank Canara Bank S&P BSE BANKEX
1-Day 0.62% -0.83% 1.02%
1-Month 3.41% 5.56% 2.05%
1-Year 32.43% 96.07% 12.30%
3-Year CAGR 21.27% 64.82% 14.92%
5-Year CAGR -2.59% 16.64% 10.00%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Indusind Bank hold a 16.4% 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 Indusind Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, Indusind Bank paid a dividend of Rs 14.0 per share. This amounted to a Dividend Payout ratio of 14.6%.

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 Indusind Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



Today's Market

Sensex Today Rallies 599 Points | Private Banks Rally | 4 Reasons Why Indian Share Market is Rising Sensex Today Rallies 599 Points | Private Banks Rally | 4 Reasons Why Indian Share Market is Rising(Closing)

After opening the day deep in red, Indian share markets reversed the trend as the session progressed and ended on firm footing.