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CANARA BANK vs INDUSIND BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    CANARA BANK INDUSIND BANK CANARA BANK/
INDUSIND BANK
 
P/E (TTM) x 5.6 9.5 59.1% View Chart
P/BV x 1.0 1.2 77.5% View Chart
Dividend Yield % 3.3 1.7 200.9%  

Financials

 CANARA BANK   INDUSIND BANK
EQUITY SHARE DATA
    CANARA BANK
Mar-24
INDUSIND BANK
Mar-24
CANARA BANK/
INDUSIND BANK
5-Yr Chart
Click to enlarge
High Rs1211,694 7.2%   
Low Rs561,009 5.6%   
Income per share (Unadj.) Rs609.2587.8 103.6%  
Earnings per share (Unadj.) Rs84.2115.3 73.0%  
Cash flow per share (Unadj.) Rs236.5247.2 95.7%  
Dividends per share (Unadj.) Rs3.2216.50 19.5%  
Avg Dividend yield %3.61.2 297.3%  
Book value per share (Unadj.) Rs507.9810.8 62.6%  
Shares outstanding (eoy) m1,814.13778.32 233.1%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x0.12.3 6.3%   
Avg P/E ratio x1.111.7 9.0%  
Avg P/CF ratio x0.56.6 8.0%  
Avg Price/Bookvalue ratio x0.21.7 10.5%  
Dividend payout %3.814.3 26.7%   
Avg Mkt Cap Rs m160,9861,052,055 15.3%   
No. of employees `000NANA-   
Total wages & salary Rs m171,12353,739 318.4%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m1,105,188457,482 241.6%  
Other income Rs m286,46293,958 304.9%   
Interest expense Rs m721,176251,323 287.0%   
Net interest income Rs m384,012206,159 186.3%  
Operating expense Rs m373,369141,476 263.9%   
Gross profit Rs m10,64364,683 16.5%  
Gross profit margin %1.014.1 6.8%  
Provisions/contingencies Rs m149,28168,871 216.8%   
Profit before tax Rs m199,996119,792 167.0%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-1,2240-   
Prior Period Items Rs m6,1863 201,485.7%   
Tax Rs m52,17230,022 173.8%   
Profit after tax Rs m152,78689,773 170.2%  
Net profit margin %13.819.6 70.4%  
BALANCE SHEET DATA
Advances Rs m9,317,8663,432,983 271.4%   
Deposits Rs m13,122,4253,845,857 341.2%  
Credit/Deposit ratio x71.089.3 79.5%  
Yield on advances %8.411.1 75.6%   
Cost of deposits %5.15.6 89.5%   
Net Interest Margin %2.94.6 62.9%  
Net fixed assets Rs m123,30421,271 579.7%   
Share capital Rs m18,1417,783 233.1%   
Free reserves Rs m903,191623,257 144.9%   
Net worth Rs m921,332631,040 146.0%   
Borrowings Rs m575,376476,114 120.8%   
Investments Rs m3,992,0701,064,865 374.9%   
Total assets Rs m15,350,1765,150,940 298.0%  
Debt/equity ratio x14.96.8 217.1%   
Return on assets %1.01.7 57.1%  
Return on equity %16.614.2 116.6%  
Capital adequacy ratio %16.317.2 94.5%  
Net NPAs %1.30.6 222.8%  
CASH FLOW
From Operations Rs m150,465-169,247 -88.9%  
From Investments Rs m-17,480-7,113 245.8%  
From Financial Activity Rs m-38,345-22,415 171.1%  
Net Cashflow Rs m94,619-198,694 -47.6%  

Share Holding

Indian Promoters % 62.9 0.0 -  
Foreign collaborators % 0.0 16.4 -  
Indian inst/Mut Fund % 22.9 69.1 33.2%  
FIIs % 11.2 34.0 33.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 37.1 83.6 44.3%  
Shareholders   1,639,363 439,052 373.4%  
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 Indusind 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 Indusind Bank Share Price Performance

Period Canara Bank Indusind Bank S&P BSE BANKEX
1-Day 2.59% 1.69% 1.61%
1-Month 0.10% -21.66% -0.07%
1-Year 22.85% -32.12% 18.92%
3-Year CAGR 31.74% -0.28% 11.26%
5-Year CAGR 16.98% -7.15% 10.62%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of Canara Bank hold a 62.9% stake in the company. In case of Indusind Bank the stake stands at 16.4%.

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 Indusind 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%.

Indusind Bank paid Rs 16.5, and its dividend payout ratio stood at 14.3%.

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

For a sector overview, read our banking sector report.



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