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AXIS BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    AXIS BANK CANARA BANK AXIS BANK/
CANARA BANK
 
P/E (TTM) x 24.1 7.4 324.8% View Chart
P/BV x 2.5 1.4 185.2% View Chart
Dividend Yield % 0.1 2.1 4.6%  

Financials

 AXIS BANK   CANARA BANK
EQUITY SHARE DATA
    AXIS BANK
Mar-23
CANARA BANK
Mar-23
AXIS BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs970342 284.1%   
Low Rs618172 360.0%   
Income per share (Unadj.) Rs284.2473.4 60.0%  
Earnings per share (Unadj.) Rs35.262.0 56.7%  
Cash flow per share (Unadj.) Rs159.7154.1 103.6%  
Dividends per share (Unadj.) Rs1.0012.00 8.3%  
Avg Dividend yield %0.14.7 2.7%  
Book value per share (Unadj.) Rs420.4430.3 97.7%  
Shares outstanding (eoy) m3,076.851,814.13 169.6%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.80.5 515.5%   
Avg P/E ratio x22.64.1 546.1%  
Avg P/CF ratio x11.41.6 693.7%  
Avg Price/Bookvalue ratio x1.90.6 316.7%  
Dividend payout %2.819.3 14.7%   
Avg Mkt Cap Rs m2,443,867465,597 524.9%   
No. of employees `000NANA-   
Total wages & salary Rs m96,650142,927 67.6%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m874,484858,847 101.8%  
Other income Rs m187,064253,250 73.9%   
Interest expense Rs m433,892529,901 81.9%   
Net interest income Rs m440,592328,947 133.9%  
Operating expense Rs m412,271302,454 136.3%   
Gross profit Rs m28,32226,492 106.9%  
Gross profit margin %3.23.1 105.0%  
Provisions/contingencies Rs m106,859171,665 62.2%   
Profit before tax Rs m186,212144,267 129.1%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-1,001-898 111.4%   
Prior Period Items Rs m6595,368 12.3%   
Tax Rs m77,68536,189 214.7%   
Profit after tax Rs m108,185112,547 96.1%  
Net profit margin %12.413.1 94.4%  
BALANCE SHEET DATA
Advances Rs m8,683,8758,309,292 104.5%   
Deposits Rs m9,458,24711,790,865 80.2%  
Credit/Deposit ratio x91.870.5 130.3%  
Yield on advances %7.77.4 104.0%   
Cost of deposits %3.44.1 81.0%   
Net Interest Margin %3.82.8 137.1%  
Net fixed assets Rs m47,104103,334 45.6%   
Share capital Rs m6,15418,141 33.9%   
Free reserves Rs m1,287,403762,396 168.9%   
Net worth Rs m1,293,556780,538 165.7%   
Borrowings Rs m2,062,136580,732 355.1%   
Investments Rs m2,880,9483,528,927 81.6%   
Total assets Rs m13,444,18013,810,296 97.3%  
Debt/equity ratio x8.915.9 56.2%   
Return on assets %0.80.8 98.7%  
Return on equity %8.414.4 58.0%  
Capital adequacy ratio %17.616.7 105.8%  
Net NPAs %0.41.7 22.5%  
CASH FLOW
From Operations Rs m220,748-399,779 -55.2%  
From Investments Rs m-326,944-12,378 2,641.3%  
From Financial Activity Rs m66,4054,454 1,491.0%  
Net Cashflow Rs m-36,356-406,886 8.9%  

Share Holding

Indian Promoters % 8.2 62.9 13.0%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 83.5 25.5 327.4%  
FIIs % 54.7 11.2 487.8%  
ADR/GDR % 0.0 0.0 -  
Free float % 91.8 37.1 247.6%  
Shareholders   785,502 644,770 121.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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


More on Axis 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:

Axis Bank vs Canara Bank Share Price Performance

Period Axis Bank Canara Bank S&P BSE BANKEX
1-Day -0.50% 3.05% 0.82%
1-Month -2.45% 5.59% 2.48%
1-Year 25.79% 111.04% 19.28%
3-Year CAGR 14.68% 58.17% 12.00%
5-Year CAGR 6.09% 14.51% 9.40%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Axis Bank hold a 8.2% 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 Axis Bank and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, Axis Bank paid a dividend of Rs 1.0 per share. This amounted to a Dividend Payout ratio of 2.8%.

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 Axis Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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