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IDFC FIRST BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    IDFC FIRST BANK CANARA BANK IDFC FIRST BANK/
CANARA BANK
 
P/E (TTM) x 20.3 5.6 359.4% View Chart
P/BV x 1.5 1.0 152.7% View Chart
Dividend Yield % 0.0 3.3 -  

Financials

 IDFC FIRST BANK   CANARA BANK
EQUITY SHARE DATA
    IDFC FIRST BANK
Mar-24
CANARA BANK
Mar-24
IDFC FIRST BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs101121 83.1%   
Low Rs5356 94.8%   
Income per share (Unadj.) Rs42.9609.2 7.0%  
Earnings per share (Unadj.) Rs4.284.2 4.9%  
Cash flow per share (Unadj.) Rs23.6236.5 10.0%  
Dividends per share (Unadj.) Rs03.22 0.0%  
Avg Dividend yield %03.6 0.0%  
Book value per share (Unadj.) Rs45.6507.9 9.0%  
Shares outstanding (eoy) m7,069.921,814.13 389.7%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x1.80.1 1,233.1%   
Avg P/E ratio x18.51.1 1,756.9%  
Avg P/CF ratio x8.70.5 1,638.2%  
Avg Price/Bookvalue ratio x1.70.2 967.7%  
Dividend payout %03.8 0.0%   
Avg Mkt Cap Rs m544,702160,986 338.4%   
No. of employees `000NANA-   
Total wages & salary Rs m56,337171,123 32.9%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m303,2511,105,188 27.4%  
Other income Rs m59,317286,462 20.7%   
Interest expense Rs m138,703721,176 19.2%   
Net interest income Rs m164,548384,012 42.8%  
Operating expense Rs m161,477373,369 43.2%   
Gross profit Rs m3,07110,643 28.9%  
Gross profit margin %1.01.0 105.2%  
Provisions/contingencies Rs m32,965149,281 22.1%   
Profit before tax Rs m38,572199,996 19.3%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-1,224 -0.0%   
Prior Period Items Rs m06,186 0.0%   
Tax Rs m9,14852,172 17.5%   
Profit after tax Rs m29,424152,786 19.3%  
Net profit margin %9.713.8 70.2%  
BALANCE SHEET DATA
Advances Rs m1,945,9249,317,866 20.9%   
Deposits Rs m2,005,70213,122,425 15.3%  
Credit/Deposit ratio x97.071.0 136.6%  
Yield on advances %13.38.4 158.7%   
Cost of deposits %5.15.1 100.3%   
Net Interest Margin %6.12.9 211.9%  
Net fixed assets Rs m25,800123,304 20.9%   
Share capital Rs m70,69918,141 389.7%   
Free reserves Rs m251,447903,191 27.8%   
Net worth Rs m322,147921,332 35.0%   
Borrowings Rs m509,357575,376 88.5%   
Investments Rs m745,0013,992,070 18.7%   
Total assets Rs m2,962,09815,350,176 19.3%  
Debt/equity ratio x7.814.9 52.5%   
Return on assets %1.01.0 99.8%  
Return on equity %9.116.6 55.1%  
Capital adequacy ratio %16.116.3 99.0%  
Net NPAs %0.61.3 47.2%  
CASH FLOW
From Operations Rs m115,429150,465 76.7%  
From Investments Rs m-98,867-17,480 565.6%  
From Financial Activity Rs m-29,537-38,345 77.0%  
Net Cashflow Rs m-12,97594,619 -13.7%  

Share Holding

Indian Promoters % 35.4 62.9 56.2%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 34.8 22.9 152.1%  
FIIs % 19.6 11.2 174.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 64.6 37.1 174.3%  
Shareholders   2,856,377 1,639,363 174.2%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare IDFC FIRST BANK With:   HDFC BANK    AXIS BANK    SBI    ICICI BANK    KOTAK MAHINDRA BANK    


More on IDFC FIRST 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:

IDFC FIRST BANK vs Canara Bank Share Price Performance

Period IDFC FIRST BANK Canara Bank S&P BSE BANKEX
1-Day 1.91% 2.59% 1.61%
1-Month -6.14% 0.10% -0.07%
1-Year -22.92% 22.85% 18.92%
3-Year CAGR 10.77% 31.74% 11.26%
5-Year CAGR 8.33% 16.98% 10.62%

* Compound Annual Growth Rate

Here are more details on the IDFC FIRST BANK share price and the Canara Bank share price.

Moving on to shareholding structures...

The promoters of IDFC FIRST BANK hold a 35.4% 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 IDFC FIRST BANK and the shareholding pattern of Canara Bank.

Finally, a word on dividends...

In the most recent financial year, IDFC FIRST BANK paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.

Canara Bank paid Rs 3.2, and its dividend payout ratio stood at 3.8%.

You may visit here to review the dividend history of IDFC FIRST BANK, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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