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IDBI BANK vs CANARA BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    IDBI BANK CANARA BANK IDBI BANK/
CANARA BANK
 
P/E (TTM) x 13.4 6.0 224.1% View Chart
P/BV x 1.8 1.0 174.1% View Chart
Dividend Yield % 1.8 3.1 57.2%  

Financials

 IDBI BANK   CANARA BANK
EQUITY SHARE DATA
    IDBI BANK
Mar-24
CANARA BANK
Mar-24
IDBI BANK/
CANARA BANK
5-Yr Chart
Click to enlarge
High Rs99121 81.4%   
Low Rs4556 80.7%   
Income per share (Unadj.) Rs24.6609.2 4.0%  
Earnings per share (Unadj.) Rs5.484.2 6.4%  
Cash flow per share (Unadj.) Rs11.8236.5 5.0%  
Dividends per share (Unadj.) Rs1.503.22 46.6%  
Avg Dividend yield %2.13.6 57.4%  
Book value per share (Unadj.) Rs47.5507.9 9.4%  
Shares outstanding (eoy) m10,752.401,814.13 592.7%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x2.90.1 2,011.2%   
Avg P/E ratio x13.41.1 1,270.4%  
Avg P/CF ratio x7.90.5 1,483.6%  
Avg Price/Bookvalue ratio x1.50.2 868.2%  
Dividend payout %27.93.8 728.8%   
Avg Mkt Cap Rs m774,764160,986 481.3%   
No. of employees `000NANA-   
Total wages & salary Rs m44,170171,123 25.8%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m264,4571,105,188 23.9%  
Other income Rs m39,248286,462 13.7%   
Interest expense Rs m122,264721,176 17.0%   
Net interest income Rs m142,193384,012 37.0%  
Operating expense Rs m83,704373,369 22.4%   
Gross profit Rs m58,48910,643 549.6%  
Gross profit margin %22.11.0 2,296.6%  
Provisions/contingencies Rs m40,103149,281 26.9%   
Profit before tax Rs m83,244199,996 41.6%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m-260-1,224 21.2%   
Prior Period Items Rs m5076,186 8.2%   
Tax Rs m25,61052,172 49.1%   
Profit after tax Rs m57,881152,786 37.9%  
Net profit margin %21.913.8 158.3%  
BALANCE SHEET DATA
Advances Rs m1,885,7569,317,866 20.2%   
Deposits Rs m2,773,65513,122,425 21.1%  
Credit/Deposit ratio x68.071.0 95.7%  
Yield on advances %9.58.4 113.5%   
Cost of deposits %3.85.1 75.6%   
Net Interest Margin %4.72.9 162.0%  
Net fixed assets Rs m94,364123,304 76.5%   
Share capital Rs m107,52418,141 592.7%   
Free reserves Rs m403,207903,191 44.6%   
Net worth Rs m510,731921,332 55.4%   
Borrowings Rs m170,827575,376 29.7%   
Investments Rs m1,157,1863,992,070 29.0%   
Total assets Rs m3,642,71515,350,176 23.7%  
Debt/equity ratio x5.814.9 38.8%   
Return on assets %1.61.0 159.6%  
Return on equity %11.316.6 68.3%  
Capital adequacy ratio %22.316.3 136.7%  
Net NPAs %0.31.3 26.8%  
CASH FLOW
From Operations Rs m-12,259150,465 -8.1%  
From Investments Rs m-2,220-17,480 12.7%  
From Financial Activity Rs m-17,941-38,345 46.8%  
Net Cashflow Rs m-32,37594,619 -34.2%  

Share Holding

Indian Promoters % 94.7 62.9 150.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.6 22.9 2.8%  
FIIs % 0.5 11.2 4.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 5.3 37.1 14.3%  
Shareholders   715,361 1,639,363 43.6%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

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


More on IDBI 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:

IDBI Bank vs Canara Bank Share Price Performance

Period IDBI Bank Canara Bank S&P BSE BANKEX
1-Day 2.28% 1.53% 0.72%
1-Month 3.27% 2.43% 2.77%
1-Year 35.89% 30.21% 21.22%
3-Year CAGR 23.79% 37.20% 13.42%
5-Year CAGR 17.15% 17.30% 10.49%

* Compound Annual Growth Rate

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

Moving on to shareholding structures...

The promoters of IDBI Bank hold a 94.7% 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 IDBI Bank and the shareholding pattern of Canara 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%.

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 IDBI Bank, and the dividend history of Canara Bank.

For a sector overview, read our banking sector report.



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