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Compare Axis Bank with Canara Bank - Equitymaster
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AXIS BANK vs CANARA BANK - Comparison Results

AXIS BANK    Change

Axis Bank is one of the most aggressive players in the private sector banking industry having more than tripled its share in non-food credit over the last 9 years from 1% in FY02 to 3.6% in FY12. Axis Bank has set up a network of 9,925 ATMs, the thir... More

CANARA BANK 
   Change

Canara Bank is the fourth largest bank in the country in terms of asset size after SBI, ICICI Bank and PNB. The bank had 5% share of the total non-food credit and 4.8% share of the total deposits in the banking sector in FY10. The bank has national p... More

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Current Valuations

    AXIS BANK CANARA BANK AXIS BANK/
CANARA BANK
 
P/E (TTM) x 36.2 14.2 254.3% View Chart
P/BV x 2.3 0.5 494.3% View Chart
Dividend Yield % 0.9 0.0 -  

Financials

 AXIS BANK   CANARA BANK
EQUITY SHARE DATA
    AXIS BANK
Mar-17
CANARA BANK
Mar-16
AXIS BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs638411 155.2%   
Low Rs418156 267.7%   
Income per share (Unadj.) Rs188.6811.1 23.3%  
Earnings per share (Unadj.) Rs16.5-48.0 -34.4%  
Cash flow per share (Unadj.) Rs27.3-106.0 -25.7%  
Dividends per share (Unadj.) Rs5.000-  
Avg Dividend yield %0.90-  
Book value per share (Unadj.) Rs235.4596.9 39.4%  
Shares outstanding (eoy) m2,395.04542.99 441.1%   
Bonus/Rights/Conversions ---  
Avg Price / Income ratio x2.80.3 800.5%   
Avg P/E ratio x32.0-5.9 -541.6%  
Avg P/CF ratio x7.92.0 396.1%  
Avg Price/Bookvalue ratio x2.20.5 472.0%  
Dividend payout %30.30-   
Avg Mkt Cap Rs m1,264,102153,938 821.2%   
No. of employees `00056.654.0 104.8%   
Total wages & salary Rs m47,42144,459 106.7%   
Avg. income/employee Rs Th7,979.18,154.3 97.9%   
Avg. wages/employee Rs Th837.6823.2 101.7%   
Avg. net profit/employee Rs Th698.2-482.7 -144.6%   
INCOME DATA
Interest income Rs m451,751440,395 102.6%  
Other income Rs m124,21651,313 242.1%   
Interest expense Rs m267,894342,630 78.2%   
Net interest income Rs m183,85797,765 188.1%  
Operating expense Rs m127,25675,919 167.6%   
Gross profit Rs m56,60121,846 259.1%  
Gross profit margin %12.55.0 252.6%  
Provisions/contingencies Rs m121,279103,646 117.0%   
Profit before tax Rs m59,538-29,136 -204.3%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-140-719 19.5%   
Prior Period Items Rs m00-   
Tax Rs m19,868-3,785 -524.9%   
Profit after tax Rs m39,530-26,070 -151.6%  
Net profit margin %8.8-5.9 -147.8%  
BALANCE SHEET DATA
Advances Rs m3,810,8033,249,924 117.3%   
Deposits Rs m4,149,8274,797,489 86.5%  
Credit/Deposit ratio x91.867.7 135.6%  
Yield on advances %8.89.7 91.6%   
Cost of deposits %4.76.7 70.2%   
Net Interest Margin %3.31.8 179.1%  
Net fixed assets Rs m38,10272,058 52.9%   
Share capital Rs m4,7905,430 88.2%   
Free reserves Rs m422,807121,509 348.0%   
Net worth Rs m563,804324,097 174.0%   
Borrowings Rs m1,124,548269,634 417.1%   
Investments Rs m1,290,1841,524,698 84.6%   
Total assets Rs m6,114,6205,637,249 108.5%  
Debt/equity ratio x9.415.6 59.8%   
Return on assets %0.6-0.5 -139.8%  
Return on equity %7.0-8.0 -87.2%  
Capital adequacy ratio %15.011.1 134.9%  
Net NPAs %2.16.4 32.9%  
CASH FLOW
From Operations Rs m322,08693,459 344.6%  
From Investments Rs m-124,432-4,849 2,566.3%  
From Financial Activity Rs m-24,869-8,063 308.4%  
Net Cashflow Rs m172,78680,547 214.5%  

Share Holding

Indian Promoters % 29.5 67.7 43.6%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 10.0 13.1 76.3%  
FIIs % 48.8 9.0 542.2%  
ADR/GDR % 3.3 0.0 -  
Free float % 8.4 8.9 94.4%  
Shareholders   148,435 145,041 102.3%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare AXIS BANK With:   PUNJAB & SIND BANK  PNB  J&K BANK  KARUR VYSYA BANK  ING VYSYA BANK  

Compare AXIS BANK With:   DEUTSCHE BANK (Germany)  WELLS FARGO (US)  



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