J&K BANK | BANK OF MAHARASHTRA | J&K BANK/ BANK OF MAHARASHTRA |
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P/E (TTM) | x | 5.1 | 8.4 | 61.5% | View Chart |
P/BV | x | 0.9 | 2.0 | 41.7% | View Chart |
Dividend Yield | % | 2.3 | 2.6 | 85.9% |
J&K BANK BANK OF MAHARASHTRA |
EQUITY SHARE DATA | |||||
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J&K BANK Mar-24 |
BANK OF MAHARASHTRA Mar-24 |
J&K BANK/ BANK OF MAHARASHTRA |
5-Yr Chart Click to enlarge
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High | Rs | 152 | 70 | 217.8% | |
Low | Rs | 48 | 25 | 196.0% | |
Income per share (Unadj.) | Rs | 101.8 | 28.9 | 351.8% | |
Earnings per share (Unadj.) | Rs | 16.1 | 5.7 | 279.7% | |
Cash flow per share (Unadj.) | Rs | 51.2 | 7.4 | 692.2% | |
Dividends per share (Unadj.) | Rs | 2.15 | 1.40 | 153.6% | |
Avg Dividend yield | % | 2.1 | 3.0 | 72.4% | |
Book value per share (Unadj.) | Rs | 110.7 | 28.1 | 394.6% | |
Shares outstanding (eoy) | m | 1,101.18 | 7,081.37 | 15.6% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 1.0 | 1.6 | 60.3% | |
Avg P/E ratio | x | 6.2 | 8.2 | 75.8% | |
Avg P/CF ratio | x | 4.8 | 4.2 | 116.0% | |
Avg Price/Bookvalue ratio | x | 0.9 | 1.7 | 53.7% | |
Dividend payout | % | 13.4 | 24.3 | 54.9% | |
Avg Mkt Cap | Rs m | 110,597 | 335,338 | 33.0% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 25,790 | 28,378 | 90.9% | |
Avg. income/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Interest income | Rs m | 112,132 | 204,948 | 54.7% | |
Other income | Rs m | 8,377 | 29,986 | 27.9% | |
Interest expense | Rs m | 60,079 | 106,718 | 56.3% | |
Net interest income | Rs m | 52,053 | 98,230 | 53.0% | |
Operating expense | Rs m | 37,626 | 48,152 | 78.1% | |
Gross profit | Rs m | 14,427 | 50,078 | 28.8% | |
Gross profit margin | % | 12.9 | 24.4 | 52.7% | |
Provisions/contingencies | Rs m | 5,105 | 39,506 | 12.9% | |
Profit before tax | Rs m | 23,881 | 43,603 | 54.8% | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 13 | 159 | 8.3% | |
Tax | Rs m | 6,182 | 3,044 | 203.1% | |
Profit after tax | Rs m | 17,712 | 40,718 | 43.5% | |
Net profit margin | % | 15.8 | 19.9 | 79.5% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 937,566 | 2,002,399 | 46.8% | |
Deposits | Rs m | 1,347,632 | 2,707,264 | 49.8% | |
Credit/Deposit ratio | x | 69.6 | 74.0 | 94.1% | |
Yield on advances | % | 9.2 | 7.9 | 116.2% | |
Cost of deposits | % | 4.2 | 3.7 | 113.8% | |
Net Interest Margin | % | 4.0 | 3.7 | 110.7% | |
Net fixed assets | Rs m | 22,083 | 21,999 | 100.4% | |
Share capital | Rs m | 1,101 | 70,814 | 1.6% | |
Free reserves | Rs m | 120,826 | 127,892 | 94.5% | |
Net worth | Rs m | 121,927 | 198,706 | 61.4% | |
Borrowings | Rs m | 28,850 | 77,189 | 37.4% | |
Investments | Rs m | 349,002 | 684,647 | 51.0% | |
Total assets | Rs m | 1,545,046 | 3,073,290 | 50.3% | |
Debt/equity ratio | x | 11.3 | 14.0 | 80.6% | |
Return on assets | % | 1.1 | 1.3 | 86.5% | |
Return on equity | % | 14.5 | 20.5 | 70.9% | |
Capital adequacy ratio | % | 15.4 | 17.4 | 88.7% | |
Net NPAs | % | 0.8 | 0.2 | 395.0% |
CASH FLOW | |||||
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From Operations | Rs m | -8,526 | 115,809 | -7.4% | |
From Investments | Rs m | -2,573 | -2,595 | 99.1% | |
From Financial Activity | Rs m | 4,074 | 4,614 | 88.3% | |
Net Cashflow | Rs m | -7,024 | 117,828 | -6.0% |
Indian Promoters | % | 59.4 | 86.5 | 68.7% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 12.9 | 5.7 | 224.4% | |
FIIs | % | 6.5 | 1.3 | 513.5% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 40.6 | 13.5 | 299.9% | |
Shareholders | 278,050 | 948,432 | 29.3% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare J&K BANK With: HDFC BANK AXIS BANK SBI ICICI BANK KOTAK MAHINDRA BANK
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | J&K Bank | Bank of Maharashtra | S&P BSE BANKEX |
---|---|---|---|
1-Day | 0.26% | 3.22% | 1.61% |
1-Month | 3.84% | 7.82% | -0.07% |
1-Year | -14.22% | 21.03% | 18.92% |
3-Year CAGR | 34.47% | 40.10% | 11.26% |
5-Year CAGR | 23.81% | 33.40% | 10.62% |
* Compound Annual Growth Rate
Here are more details on the J&K Bank share price and the Bank of Maharashtra share price.
Moving on to shareholding structures...
The promoters of J&K Bank hold a 59.4% stake in the company. In case of Bank of Maharashtra the stake stands at 86.5%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of J&K Bank and the shareholding pattern of Bank of Maharashtra.
Finally, a word on dividends...
In the most recent financial year, J&K Bank paid a dividend of Rs 2.2 per share. This amounted to a Dividend Payout ratio of 13.4%.
Bank of Maharashtra paid Rs 1.4, and its dividend payout ratio stood at 24.3%.
You may visit here to review the dividend history of J&K Bank, and the dividend history of Bank of Maharashtra.
For a sector overview, read our banking sector report.
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.