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?  

IDBI BANK vs AXIS BANK - Comparison Results

Rs 100 invested in...

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

Current Valuations

    IDBI BANK AXIS BANK IDBI BANK/
AXIS BANK
 
P/E (TTM) x 12.3 12.6 97.2% View Chart
P/BV x 1.6 2.3 71.4% View Chart
Dividend Yield % 2.0 0.1 2,231.3%  

Financials

 IDBI BANK   AXIS BANK
EQUITY SHARE DATA
    IDBI BANK
Mar-24
AXIS BANK
Mar-24
IDBI BANK/
AXIS BANK
5-Yr Chart
Click to enlarge
High Rs991,152 8.6%   
Low Rs45844 5.4%   
Income per share (Unadj.) Rs24.6365.3 6.7%  
Earnings per share (Unadj.) Rs5.485.5 6.3%  
Cash flow per share (Unadj.) Rs11.8192.6 6.1%  
Dividends per share (Unadj.) Rs1.501.00 150.0%  
Avg Dividend yield %2.10.1 2,077.1%  
Book value per share (Unadj.) Rs47.5505.8 9.4%  
Shares outstanding (eoy) m10,752.403,086.57 348.4%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.92.7 107.3%   
Avg P/E ratio x13.411.7 114.7%  
Avg P/CF ratio x7.97.8 101.0%  
Avg Price/Bookvalue ratio x1.52.0 76.9%  
Dividend payout %27.91.2 2,382.1%   
Avg Mkt Cap Rs m774,7643,079,703 25.2%   
No. of employees `000NANA-   
Total wages & salary Rs m44,170121,937 36.2%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m264,4571,127,591 23.5%  
Other income Rs m39,248252,303 15.6%   
Interest expense Rs m122,264613,907 19.9%   
Net interest income Rs m142,193513,683 27.7%  
Operating expense Rs m83,704372,426 22.5%   
Gross profit Rs m58,489141,258 41.4%  
Gross profit margin %22.112.5 176.5%  
Provisions/contingencies Rs m40,103129,325 31.0%   
Profit before tax Rs m83,244351,780 23.7%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-260-1,061 24.5%   
Prior Period Items Rs m507687 73.8%   
Tax Rs m25,61087,545 29.3%   
Profit after tax Rs m57,881263,862 21.9%  
Net profit margin %21.923.4 93.5%  
BALANCE SHEET DATA
Advances Rs m1,885,7569,993,335 18.9%   
Deposits Rs m2,773,65510,671,024 26.0%  
Credit/Deposit ratio x68.093.6 72.6%  
Yield on advances %9.59.0 105.4%   
Cost of deposits %3.84.3 89.5%   
Net Interest Margin %4.73.9 121.1%  
Net fixed assets Rs m94,36455,707 169.4%   
Share capital Rs m107,5246,173 1,741.8%   
Free reserves Rs m403,2071,555,117 25.9%   
Net worth Rs m510,7311,561,290 32.7%   
Borrowings Rs m170,8272,281,996 7.5%   
Investments Rs m1,157,1863,323,537 34.8%   
Total assets Rs m3,642,71515,182,385 24.0%  
Debt/equity ratio x5.88.3 69.5%   
Return on assets %1.61.7 91.4%  
Return on equity %11.316.9 67.1%  
Capital adequacy ratio %22.316.6 133.9%  
Net NPAs %0.30.3 100.0%  
CASH FLOW
From Operations Rs m-12,259-55,547 22.1%  
From Investments Rs m-2,220-90,882 2.4%  
From Financial Activity Rs m-17,941223,413 -8.0%  
Net Cashflow Rs m-32,37577,853 -41.6%  

Share Holding

Indian Promoters % 94.7 8.3 1,142.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.6 85.0 0.8%  
FIIs % 0.5 51.8 0.9%  
ADR/GDR % 0.0 0.0 -  
Free float % 5.3 91.7 5.8%  
Shareholders   715,361 828,629 86.3%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare IDBI BANK With:   HDFC BANK    SBI    ICICI BANK    KOTAK MAHINDRA BANK    BANDHAN BANK    


More on IDBI Bank vs Axis Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

IDBI Bank vs Axis Bank Share Price Performance

Period IDBI Bank Axis Bank S&P BSE BANKEX
1-Day 1.03% 0.34% 1.61%
1-Month -0.29% -2.79% -0.07%
1-Year 27.20% 14.51% 18.92%
3-Year CAGR 17.18% 18.54% 11.26%
5-Year CAGR 14.67% 9.32% 10.62%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of IDBI Bank hold a 94.7% stake in the company. In case of Axis Bank the stake stands at 8.3%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of IDBI Bank and the shareholding pattern of Axis Bank.

Finally, a word on dividends...

In the most recent financial year, IDBI Bank paid a dividend of Rs 1.5 per share. This amounted to a Dividend Payout ratio of 27.9%.

Axis Bank paid Rs 1.0, and its dividend payout ratio stood at 1.2%.

You may visit here to review the dividend history of IDBI Bank, and the dividend history of Axis 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.