Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

CANARA BANK vs INDIAN BANK - Comparison Results

Rs 100 invested in...

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

Current Valuations

    CANARA BANK INDIAN BANK CANARA BANK/
INDIAN BANK
 
P/E (TTM) x 5.6 7.5 75.2% View Chart
P/BV x 1.0 1.2 80.3% View Chart
Dividend Yield % 3.3 2.3 147.2%  

Financials

 CANARA BANK   INDIAN BANK
EQUITY SHARE DATA
    CANARA BANK
Mar-24
INDIAN BANK
Mar-24
CANARA BANK/
INDIAN BANK
5-Yr Chart
Click to enlarge
High Rs121573 21.1%   
Low Rs56267 21.1%   
Income per share (Unadj.) Rs609.2413.2 147.5%  
Earnings per share (Unadj.) Rs84.262.5 134.7%  
Cash flow per share (Unadj.) Rs236.5129.6 182.5%  
Dividends per share (Unadj.) Rs3.2212.00 26.8%  
Avg Dividend yield %3.62.9 127.1%  
Book value per share (Unadj.) Rs507.9447.3 113.5%  
Shares outstanding (eoy) m1,814.131,346.96 134.7%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.11.0 14.3%   
Avg P/E ratio x1.16.7 15.7%  
Avg P/CF ratio x0.53.3 16.2%  
Avg Price/Bookvalue ratio x0.20.9 18.6%  
Dividend payout %3.819.2 19.9%   
Avg Mkt Cap Rs m160,986566,196 28.4%   
No. of employees `000NANA-   
Total wages & salary Rs m171,12393,199 183.6%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m1,105,188556,497 198.6%  
Other income Rs m286,46285,820 333.8%   
Interest expense Rs m721,176323,408 223.0%   
Net interest income Rs m384,012233,090 164.7%  
Operating expense Rs m373,369149,528 249.7%   
Gross profit Rs m10,64383,562 12.7%  
Gross profit margin %1.015.0 6.4%  
Provisions/contingencies Rs m149,28188,090 169.5%   
Profit before tax Rs m199,996110,174 181.5%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-1,224-31 3,934.2%   
Prior Period Items Rs m6,1862,934 210.8%   
Tax Rs m52,17228,882 180.6%   
Profit after tax Rs m152,78684,194 181.5%  
Net profit margin %13.815.1 91.4%  
BALANCE SHEET DATA
Advances Rs m9,317,8665,148,891 181.0%   
Deposits Rs m13,122,4256,879,531 190.7%  
Credit/Deposit ratio x71.074.8 94.9%  
Yield on advances %8.47.9 106.4%   
Cost of deposits %5.14.4 114.0%   
Net Interest Margin %2.93.2 90.4%  
Net fixed assets Rs m123,30475,226 163.9%   
Share capital Rs m18,14113,470 134.7%   
Free reserves Rs m903,191589,012 153.3%   
Net worth Rs m921,332602,482 152.9%   
Borrowings Rs m575,376231,429 248.6%   
Investments Rs m3,992,0702,152,418 185.5%   
Total assets Rs m15,350,1767,957,088 192.9%  
Debt/equity ratio x14.911.8 126.0%   
Return on assets %1.01.1 94.1%  
Return on equity %16.614.0 118.7%  
Capital adequacy ratio %16.316.4 99.0%  
Net NPAs %1.30.4 295.3%  
CASH FLOW
From Operations Rs m150,465-86,173 -174.6%  
From Investments Rs m-17,480-6,177 283.0%  
From Financial Activity Rs m-38,34511,951 -320.9%  
Net Cashflow Rs m94,619-80,399 -117.7%  

Share Holding

Indian Promoters % 62.9 73.8 85.2%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 22.9 22.3 102.5%  
FIIs % 11.2 5.0 225.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 37.1 26.2 141.7%  
Shareholders   1,639,363 325,449 503.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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


More on Canara Bank vs Indian 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 Indian Bank Share Price Performance

Period Canara Bank Indian Bank S&P BSE BANKEX
1-Day 2.59% 0.24% 1.61%
1-Month 0.10% 5.61% -0.07%
1-Year 22.85% 29.41% 18.92%
3-Year CAGR 31.74% 54.60% 11.26%
5-Year CAGR 16.98% 34.87% 10.62%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Canara Bank hold a 62.9% stake in the company. In case of Indian Bank the stake stands at 73.8%.

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 Indian Bank.

Finally, a word on dividends...

In the most recent financial year, Canara Bank paid a dividend of Rs 3.2 per share. This amounted to a Dividend Payout ratio of 3.8%.

Indian Bank paid Rs 12.0, and its dividend payout ratio stood at 19.2%.

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

For a sector overview, read our banking sector report.



Today's Market

Sensex Today Rallies 1,961 points | Nifty Above 23,900 | 4 Reasons Why Indian Share Market is Rising Sensex Today Rallies 1,961 points | Nifty Above 23,900 | 4 Reasons Why Indian Share Market is Rising(Closing)

After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.