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IDBI BankBSE:500116 Stock Report

Market Cap

₹641.4b

7D

23.4%

1Y

57.8%

Updated

18 Oct, 2021

Data

Company Financials
500116 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

500116 Overview

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India.

IDBI Bank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IDBI Bank
Historical stock prices
Current Share Price₹59.65
52 Week High₹26.35
52 Week Low₹65.25
Beta0.87
1 Month Change52.36%
3 Month Change59.49%
1 Year Change57.80%
3 Year Change0.93%
5 Year Change-22.18%
Change since IPO-24.11%

Recent News & Updates

Shareholder Returns

500116IN BanksIN Market
7D23.4%4.4%2.8%
1Y57.8%62.4%68.3%

Return vs Industry: 500116 underperformed the Indian Banks industry which returned 65.1% over the past year.

Return vs Market: 500116 underperformed the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 500116's price volatile compared to industry and market?
500116 volatility
500116 Beta0.87
Industry Beta0.99
Market Beta1

Stable Share Price: 500116 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 500116's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
196416,369Rakesh Sharmahttps://www.idbibank.in

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India. The company offers savings and current accounts, corporate payroll accounts, and fixed deposits; home, auto, education, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; phone, mobile, and Internet banking services; and investment advisory and capital market services, as well as lockers. The company also provides fund based assistance, including term loans; working capital; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines (ATM)/cash dispense vendors; bill discounting; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector.

IDBI Bank Fundamentals Summary

How do IDBI Bank's earnings and revenue compare to its market cap?
500116 fundamental statistics
Market Cap₹641.38b
Earnings (TTM)₹19.53b
Revenue (TTM)₹81.14b

32.8x

P/E Ratio

1.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500116 income statement (TTM)
Revenue₹81.14b
Cost of Revenue₹0
Gross Profit₹81.14b
Expenses₹61.61b
Earnings₹19.53b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 21, 2021

Earnings per share (EPS)1.82
Gross Margin100.00%
Net Profit Margin24.07%
Debt/Equity Ratio62.1%

How did 500116 perform over the long term?

See historical performance and comparison

Valuation

Is IDBI Bank undervalued compared to its fair value and its price relative to the market?

32.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 500116's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 500116's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 500116 is poor value based on its PE Ratio (32.8x) compared to the Indian Banks industry average (20.7x).

PE vs Market: 500116 is poor value based on its PE Ratio (32.8x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500116's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500116 is overvalued based on its PB Ratio (1.7x) compared to the IN Banks industry average (1.1x).


Future Growth

How is IDBI Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IDBI Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has IDBI Bank performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500116 has high quality earnings.

Growing Profit Margin: 500116 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 500116 has become profitable over the past 5 years, growing earnings by 25.3% per year.

Accelerating Growth: 500116 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 500116 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (26.5%).


Return on Equity

High ROE: 500116's Return on Equity (5.1%) is considered low.


Financial Health

How is IDBI Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 500116's Assets to Equity ratio (7.7x) is low.

Allowance for Bad Loans: Insufficient data to determine if 500116 has a sufficient allowance for bad loans.

Low Risk Liabilities: 86% of 500116's liabilities are made up of primarily low risk sources of funding.

Loan Level: 500116 has an appropriate level of Loans to Assets ratio (41%).

Low Risk Deposits: 500116's Loans to Deposits ratio (55%) is appropriate.

Level of Bad Loans: 500116 has a high level of bad loans (28.9%).


Dividend

What is IDBI Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500116's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500116's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500116's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500116's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500116 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500116's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Rakesh Sharma (63 yo)

3yrs

Tenure

₹3,600,000

Compensation

Mr. Rakesh Kumar Sharma serves as Managing Director, Chief Executive Officer and Executive Director of IDBI Bank Ltd since October 10, 2018. He served as an Associate Director of Canara Robeco Asset Manage...


CEO Compensation Analysis

Compensation vs Market: Rakesh's total compensation ($USD48.00K) is below average for companies of similar size in the Indian market ($USD820.00K).

Compensation vs Earnings: Rakesh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500116's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 500116's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

IDBI Bank Limited's employee growth, exchange listings and data sources


Key Information

  • Name: IDBI Bank Limited
  • Ticker: 500116
  • Exchange: BSE
  • Founded: 1964
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹641.381b
  • Shares outstanding: 10.75b
  • Website: https://www.idbibank.in

Number of Employees


Location

  • IDBI Bank Limited
  • IDBI Tower
  • WTC Complex
  • Mumbai
  • Maharashtra
  • 400005
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:08
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.