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Andhra Bank

BSE:532418
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532418
BSE
₹46B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Andhra Bank provides a range of banking products and services in India. The last earnings update was 243 days ago. More info.


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532418 Share Price and Events
7 Day Returns
-2.2%
BSE:532418
3.4%
IN Banks
0.3%
IN Market
1 Year Returns
-39.3%
BSE:532418
15%
IN Banks
2.4%
IN Market
532418 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Andhra Bank (532418) -2.2% 12.7% -11.2% -39.3% -48.5% -55.8%
IN Banks 3.4% 10.8% 5.7% 15% 57.8% 77.3%
IN Market 0.3% 8% 1.6% 2.4% 44% 81.3%
1 Year Return vs Industry and Market
  • 532418 underperformed the Banks industry which returned 15% over the past year.
  • 532418 underperformed the Market in India which returned 2.4% over the past year.
Price Volatility
532418
Industry
5yr Volatility vs Market
Related Companies

532418 Value

 Is Andhra Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Andhra Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹26.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Andhra Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Andhra Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532418 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-38.40
BSE:532418 Share Price ** BSE (2019-03-20) in INR ₹26.15
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.01x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Andhra Bank.

BSE:532418 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532418 Share Price ÷ EPS (both in INR)

= 26.15 ÷ -38.40

-0.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andhra Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Andhra Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Andhra Bank's expected growth come at a high price?
Raw Data
BSE:532418 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
56.7%per year
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Andhra Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Andhra Bank's assets?
Raw Data
BSE:532418 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹91.22
BSE:532418 Share Price * BSE (2019-03-20) in INR ₹26.15
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 1.11x
BSE:532418 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532418 Share Price ÷ Book Value per Share (both in INR)

= 26.15 ÷ 91.22

0.29x

* Primary Listing of Andhra Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Andhra Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Andhra Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Andhra Bank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

532418 Future Performance

 How is Andhra Bank expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Andhra Bank, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Andhra Bank expected to grow at an attractive rate?
  • Andhra Bank's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Andhra Bank's earnings growth is expected to exceed the India market average.
  • Andhra Bank's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:532418 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:532418 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 56.7%
BSE:532418 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 48.2%
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.9%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532418 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532418 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 107,208 1
2020-03-31 95,395 1
2019-03-31 87,798 1
BSE:532418 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 -11,561 -245,385 -33,657
2017-03-31 47,945 -115,699 2,071
2016-03-31 46,400 -114,818 5,580

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Andhra Bank's earnings are expected to grow significantly at over 20% yearly.
  • Andhra Bank's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532418 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Andhra Bank Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532418 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31
2020-03-31
2019-03-31
BSE:532418 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -38.40
2017-03-31 3.04
2016-03-31 8.89

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Andhra Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Andhra Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Andhra Bank has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

532418 Past Performance

  How has Andhra Bank performed over the past 5 years?

  • Andhra Bank's last earnings update was 243 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Andhra Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Andhra Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Andhra Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Andhra Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Andhra Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Andhra Bank Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532418 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 -11,561.21 -33,657.20 29,035.70
2017-03-31 47,944.57 2,070.95 30,427.79
2016-03-31 46,399.63 5,579.89 25,950.77
2015-03-31 48,764.09 6,557.79 24,432.69
2014-03-31 38,478.90 4,401.13 19,198.17
2013-03-31 43,941.49 12,845.44 17,451.29
2012-03-31 40,321.82 13,344.93 15,639.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Andhra Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Andhra Bank has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Andhra Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Andhra Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Andhra Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

532418 Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Andhra Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Andhra Bank Company Filings, last reported 11 months ago.

BSE:532418 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 109,363.27 183,121.03 76,765.16
2017-03-31 114,291.63 88,669.04 98,182.82
2016-03-31 110,261.99 97,226.31 14,627.73
2015-03-31 100,942.23 153,193.18 11,333.50
2014-03-31 87,612.46 131,929.92 25,204.27
2013-03-31 84,541.41 111,257.77 17,183.18
2012-03-31 75,008.81 82,452.76 37,796.30
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Andhra Bank has an acceptable proportion of non-loan assets held.
  • Andhra Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Andhra Bank are broadly funded by customer deposits.
  • Andhra Bank's level of assets compared to its equity is very high (i.e. bank has borrowed heavily to fund lending).
  • Unable to establish if Andhra Bank has a sufficient allowance for bad loans without relevant financial data.
  • Andhra Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Andhra Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Andhra Bank has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

532418 Dividends

 What is Andhra Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Andhra Bank dividends. Estimated to be 0% next year.
If you bought ₹2,000 of Andhra Bank shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Andhra Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Andhra Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532418 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532418 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31 0.00 1.00
2019-03-31 0.00 1.00
BSE:532418 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-06-28 0.000 0.000
2016-06-27 0.500 0.886
2016-06-24 0.500 0.925
2015-06-18 2.000 3.383
2014-06-03 0.000 0.000
2014-06-02 0.000 0.000
2014-01-16 2.200 3.513
2013-05-02 5.000 7.680
2012-06-05 5.500 5.221
2011-07-26 5.500 4.909
2010-04-29 5.000 3.445
2009-06-01 4.500 4.509
2009-04-15 4.500 6.880
2009-03-23 4.000 8.286

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Andhra Bank has not reported any payouts.
  • Unable to verify if Andhra Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Andhra Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Andhra Bank has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Andhra Bank's dividends in 3 years as they are not expected to pay a notable one for India.
X
Income/ dividend checks
We assess Andhra Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Andhra Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Andhra Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

532418 Management

 What is the CEO of Andhra Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
J. Packirisamy
TENURE AS CEO 0.5 years
CEO Bio

Mr. J. Packirisamy has been Managing Director, Chief Executive Officer and Director of Andhra Bank since September 21, 2018. Mr. Packirisamy served as Deputy Managing Director of Mid Corporate Group at State Bank of India until September 2018. Mr. Packirisamy joined State Bank of India as a Direct Recruit Officer, Probationary Officer in 1984. Previously, he has also held positions of the Chief General Manager (Mid-Corporate Group) at the Corporate center and Chief Executive Officer of Bank’s Frankfurt Office, General Manager of CAG, Chennai Branch. He Studied B.Sc. in Chemistry and MBA in Finance.

CEO Compensation
  • Insufficient data for J. to compare compensation growth.
  • Insufficient data for J. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure of the Andhra Bank management team in years:

0.6
Average Tenure
  • The average tenure for the Andhra Bank management team is less than 2 years, this suggests a new team.
Management Team

Ajit Rath

TITLE
Executive Director
COMPENSATION
₹2M

Kul Jain

TITLE
Executive Director
COMPENSATION
₹2M

J. Packirisamy

TITLE
CEO, MD & Director
TENURE
0.5 yrs

M. Babu Prasad

TITLE
CFO & GM
TENURE
0.8 yrs

Raghuram Mallela

TITLE
Interim Compliance Officer & Company Secretary
TENURE
0.6 yrs

Syamal Ray

TITLE
BR Head & GM

A. Aravind

TITLE
Chief Vigilance Officer

R. Srinivasan

TITLE
Chief Risk Officer
TENURE
1.6 yrs

Ruchi Rangari

TITLE
Company Secretary & Compliance Officer (Leave of Absence)
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure of the Andhra Bank board of directors in years:

3
Average Tenure
  • The average tenure for the Andhra Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ajit Rath

TITLE
Executive Director
COMPENSATION
₹2M
TENURE
4 yrs

Kul Jain

TITLE
Executive Director
COMPENSATION
₹2M
TENURE
1.4 yrs

J. Packirisamy

TITLE
CEO, MD & Director
TENURE
0.5 yrs

Gopalan Sivakumar

TITLE
Shareholder Director
AGE
58
TENURE
4 yrs

Anjana Dube

TITLE
Government Nominee Director
TENURE
1.9 yrs

Balagopal Mahapatra

TITLE
Director
TENURE
1.3 yrs

Aravamudan Kumar

TITLE
Shareholder Director
AGE
64
TENURE
4 yrs

Eugene Karthak

TITLE
RBI Nominee Director
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
12. Oct 18 Buy India Company 11. Oct 18 11. Oct 18 539,983,952 ₹37.39 ₹20,189,987,365
X
Management checks
We assess Andhra Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Andhra Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

532418 News

Simply Wall St News

532418 Company Info

Description

Andhra Bank provides a range of banking products and services in India. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers deposit products, including savings and current accounts, and term deposits; and loans, such as housing, vehicle, educational, personal, professional, property overdraft and term, and reverse mortgage loans, as well as loans against gold, rent receivables, National Savings Certificates, Kisan Vikas Patra, life insurance policies, and other securities. The company also provides credit facilities comprising working capital finance, export import finance, working capital demand loans, bill finance, project and infrastructure finance, term finance, corporate loans, equipment finance, bridge loans, advances against share deposits, bank guarantees, and letters of credit, as well as forward contracts. In addition, it offers credit, debit, and prepaid cards; DMAT services; payment services; life, non-life, and health insurance products; mutual funds; project appraisal and loan syndication services; NRI banking services; and services to micro, small, and medium enterprises. Further, the company provides credit for agriculture activities; women empowerment schemes; and various special schemes; and Internet and mobile banking services, as well as operates rural self-employment training institutes. As of March 31, 2017, it had 2,911 branches; 4 extension counters; 34 satellite offices; and 4,009 ATMs/BNAs/CRs in 26 states and 3 union territories, as well as 1 representative office at Dubai. The company was founded in 1923 and is headquartered in Hyderabad, India.

Details
Name: Andhra Bank
532418
Exchange: BSE
Founded: 1923
₹45,643,914,198
1,738,815,779
Website: http://www.andhrabank.in
Address: Andhra Bank
5-9-11, Dr. Pattabhi Bhavan,
Secretariat Road,
Hyderabad,
Andhra Pradesh, 500004,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532418 Equity Shares Mumbai Stock Exchange IN INR 04. Apr 2001
NSEI ANDHRABANK Equity Shares National Stock Exchange of India IN INR 04. Apr 2001
Number of employees
Current staff
Staff numbers
0
Andhra Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 12:35
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/02/20
Last earnings filing: 2018/07/20
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.