BSE:534690

Stock Analysis Report

Lakshmi Vilas Bank

Executive Summary

The Lakshmi Vilas Bank Limited provides various banking products and services in India.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Lakshmi Vilas Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-22.2%

534690

-0.4%

IN Banks

1.4%

IN Market


1 Year Return

-74.9%

534690

8.3%

IN Banks

2.3%

IN Market

Return vs Industry: 534690 underperformed the Indian Banks industry which returned 8.3% over the past year.

Return vs Market: 534690 underperformed the Indian Market which returned 2.3% over the past year.


Shareholder returns

534690IndustryMarket
7 Day-22.2%-0.4%1.4%
30 Day-48.5%1.8%2.7%
90 Day-67.2%-8.7%-1.4%
1 Year-74.9%-74.9%8.7%8.3%4.3%2.3%
3 Year-86.2%-87.4%16.7%15.2%20.9%14.9%
5 Year-69.6%-73.7%19.4%15.5%41.2%28.2%

Price Volatility Vs. Market

How volatile is Lakshmi Vilas Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 year ago | Simply Wall St

May Top Growth Stocks To Buy

1 year ago | Simply Wall St

May Top Growth Stocks To Buy

Valuation

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

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 534690's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 534690's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 534690 is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: 534690 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 534690's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 534690 is good value based on its PB Ratio (0.3x) compared to the IN Banks industry average (0.5x).


Next Steps

Future Growth

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

62.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 534690 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 534690 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 534690 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 534690's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 534690's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 534690's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Lakshmi Vilas Bank performed over the past 5 years?

-64.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 534690 is unprofitable, and losses have increased over the past 5 years at a rate of -64.5% per year.

Accelerating Growth: Unable to compare 534690's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 534690 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (25.2%).


Return on Equity

High ROE: 534690 has a negative Return on Equity (-53.23%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 534690 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 534690 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Lakshmi Vilas 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

Inventory Level: 534690 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 534690's debt is covered by short term assets (assets are 3.124270x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 534690 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 534690 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 117.1% per year.


Financial Institutions Analysis

Asset Level: 534690's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 534690 has a sufficient allowance for bad loans.

Low Risk Liabilities: 534690's liabilities are made up of primarily low risk sources of funding.

Loan Level: 534690 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 534690's loans are broadly funded by customer deposits.

Level of Bad Loans: 534690 has a high level of bad loans (16.71%)


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 534690's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 534690's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 534690's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534690's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 534690 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 534690's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Lakshmi Vilas Bank has no CEO, or we have no data on them.


Management Age and Tenure

1.1yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 534690's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

57yo

Average Age

Experienced Board: 534690's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: 534690 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell₹4,624,99621 Aug 19
Tangerine Capital Asset Holdings LLP
EntityCompany
Shares100,000
Max Price₹46.25
Buy₹5,097,40920 Aug 19
K. Pradeep
EntityIndividual
Shares110,000
Max Price₹46.34
Buy₹8,116,95113 Aug 19
K. Pradeep
EntityIndividual
Shares200,000
Max Price₹40.58
Sell₹3,295,64501 Apr 19
Kusuma Muniraju
EntityIndividual
Shares50,000
Max Price₹65.91
Sell₹1,773,97529 Mar 19
Kanya Kumari
EntityIndividual
Shares28,000
Max Price₹63.36
Sell₹14,883,09929 Mar 19
Kusuma Muniraju
EntityIndividual
Shares234,000
Max Price₹63.71

Ownership Breakdown


Management Team

  • N. Ramanathan

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹2.60m
  • P. Jain (44yo)

    Senior VP & Head of Retail Banking

    • Tenure: 0yrs
  • R. Gurumurthy (59yo)

    Senior VP & Head of Treasury

    • Tenure: 0yrs
  • Neena Anand (53yo)

    Senior VP

    • Tenure: 0.8yrs
  • Manmadha Boyina (57yo)

    Senior VP & Head of Transaction Banking

    • Tenure: 0yrs
  • M. Manikandan

    Senior VP & Chief Digital and Technology Officer

    • Tenure: 0.8yrs
  • N. Nachiappan (57yo)

    Senior VP & Head of Commercial Banking Operations

    • Tenure: 0yrs
  • P. Narayanan (56yo)

    President & COO

    • Tenure: 1.5yrs
  • S. Sundar (64yo)

    President & CFO

    • Tenure: 0yrs
    • Compensation: ₹4.62m
  • Sanjay Kumar Rai (52yo)

    Senior VP & Head of Wholesale Banking

    • Tenure: 1.5yrs

Board Members

  • Hosdurg Sundar Kamath (66yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: ₹1.54m
  • Narayanan Saiprasad (55yo)

    Additional Non-Executive & Non-Independent Director

    • Tenure: 0.6yrs
  • Gunneswaran Gupta (61yo)

    Non Independent & Non-Executive Director

    • Tenure: 2.1yrs
    • Compensation: ₹1.68m
  • Bodavaram Manjunath (59yo)

    Non-Executive Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: ₹3.37m
  • Suvendu Pati (50yo)

    RBI Nominee Director

    • Tenure: 3.7yrs
  • Yapamakala Lakshminarayana Murthy (66yo)

    Non Executive Independent Director

    • Tenure: 3.3yrs
    • Compensation: ₹1.30m
  • Anuradha Pradeep (52yo)

    Non Executive Non-Independent Director

    • Tenure: 2.6yrs
    • Compensation: ₹1.68m
  • Rajnish Kumar (47yo)

    RBI Nominee

    • Tenure: 2.4yrs

Company Information

The Lakshmi Vilas Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Lakshmi Vilas Bank Limited
  • Ticker: 534690
  • Exchange: BSE
  • Founded: 1926
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹7.054b
  • Shares outstanding: 336.71m
  • Website: https://www.lvbank.com

Number of Employees


Location

  • The Lakshmi Vilas Bank Limited
  • LVB House
  • No. 4, Sardar Patel Road
  • Chennai
  • Tamil Nadu
  • 600032
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LAKSHVILASNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2000
534690BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2000

Biography

The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:43
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.