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Lakshmi Vilas Bank

BSE:534690
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
534690
BSE
₹21B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

The Lakshmi Vilas Bank Limited provides various banking products and services in India. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Lakshmi Vilas Bank has significant price volatility in the past 3 months.
534690 Share Price and Events
7 Day Returns
-11.2%
BSE:534690
5.1%
IN Banks
2.6%
IN Market
1 Year Returns
-33.7%
BSE:534690
12%
IN Banks
0.8%
IN Market
534690 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lakshmi Vilas Bank (534690) -11.2% 14.4% -25.9% -33.7% -25% -0.9%
IN Banks 5.1% 10% 6.6% 12% 59.4% 79.9%
IN Market 2.6% 7.7% 2.5% 0.8% 45.6% 83.2%
1 Year Return vs Industry and Market
  • 534690 underperformed the Banks industry which returned 12% over the past year.
  • 534690 underperformed the Market in India which returned 0.8% over the past year.
Price Volatility
534690
Industry
5yr Volatility vs Market
Related Companies

534690 Value

 Is Lakshmi Vilas 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
Here we compare the current share price of Lakshmi Vilas Bank to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Lakshmi Vilas Bank.

BSE:534690 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₹98.27 * 8.8%
₹8.63
Book Value of Equity per Share Median Book Value from the past 5 years. ₹98.27
Discount Rate (Cost of Equity) See below 17.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:534690
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.598 (1 + (1- 35%) (160.34%))
1.148
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.148 * 8.6%)
17.42%

Discounted Cash Flow Calculation for BSE:534690 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Lakshmi Vilas Bank is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BSE:534690 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8.8% – 17.42%) * ₹98.27)
₹-8.50
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹-8.50 / (17.42% - 7.55%)
₹-86.06
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹98.27 + ₹-86.06
₹12.21
BSE:534690 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹12.21
Current discount Discount to share price of ₹64.50
= -1 x (₹64.50 - ₹12.21) / ₹12.21
-428.1%

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

  • The current share price of Lakshmi Vilas Bank is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Lakshmi Vilas Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lakshmi Vilas Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:534690 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-49.09
BSE:534690 Share Price ** BSE (2019-03-18) in INR ₹64.5
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.17x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.62x

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

** Primary Listing of Lakshmi Vilas Bank.

BSE:534690 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:534690 Share Price ÷ EPS (both in INR)

= 64.5 ÷ -49.09

-1.31x

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

  • Lakshmi Vilas Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Lakshmi Vilas Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Lakshmi Vilas Bank's expected growth come at a high price?
Raw Data
BSE:534690 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
57.3%per year
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 598 Publicly-Listed Companies 1.27x

*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 Lakshmi Vilas Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lakshmi Vilas Bank's assets?
Raw Data
BSE:534690 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹80.24
BSE:534690 Share Price * BSE (2019-03-18) in INR ₹64.5
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 1.12x
BSE:534690 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:534690 Share Price ÷ Book Value per Share (both in INR)

= 64.5 ÷ 80.24

0.8x

* Primary Listing of Lakshmi Vilas Bank.

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

  • Lakshmi Vilas Bank is overvalued based on assets compared to the IN Banks industry average.
X
Value checks
We assess Lakshmi Vilas 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. Lakshmi Vilas Bank has a total score of 0/6, 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.

534690 Future Performance

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

  • No analysts cover Lakshmi Vilas 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
57.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lakshmi Vilas Bank expected to grow at an attractive rate?
  • Lakshmi Vilas Bank's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Lakshmi Vilas Bank's earnings growth is expected to exceed the India market average.
  • Unable to compare Lakshmi Vilas Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:534690 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:534690 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 57.3%
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.8%
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 11.9%

*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:534690 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:534690 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:534690 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 -9,477 -12,519
2018-09-30 -5,545 -9,177
2018-06-30 -4,026 -7,749
2018-03-31 -1,687 -28,876 -5,849
2017-12-31 8,450 895
2017-09-30 10,346 -25,142 2,072
2017-06-30 10,628 2,615
2017-03-31 10,314 -48,953 2,561
2016-12-31 9,995 2,530
2016-09-30 8,282 2,207
2016-06-30 8,197 2,007
2016-03-31 7,539 -33,562 1,802

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Lakshmi Vilas Bank's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Lakshmi Vilas Bank is high growth as no revenue estimate data is available.
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:534690 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lakshmi Vilas Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534690 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:534690 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -49.09
2018-09-30 -38.41
2018-06-30 -34.77
2018-03-31 -28.29
2017-12-31 4.68
2017-09-30 11.02
2017-06-30 14.13
2017-03-31 14.07
2016-12-31 14.10
2016-09-30 12.29
2016-06-30 11.18
2016-03-31 10.05

*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.
  • Unable to establish if Lakshmi Vilas Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Lakshmi Vilas 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.
Lakshmi Vilas Bank has a total score of 3/6, 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.

534690 Past Performance

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

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 Lakshmi Vilas 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.
  • Lakshmi Vilas Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lakshmi Vilas Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lakshmi Vilas Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Lakshmi Vilas 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 Lakshmi Vilas Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534690 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -9,476.63 -12,519.17 6,175.99
2018-09-30 -5,545.26 -9,176.61 6,072.13
2018-06-30 -4,025.71 -7,748.53 6,158.82
2018-03-31 -1,687.46 -5,848.66 6,045.76
2017-12-31 8,449.71 895.46 5,390.21
2017-09-30 10,345.88 2,071.62 5,408.75
2017-06-30 10,628.43 2,615.05 5,206.05
2017-03-31 10,314.38 2,560.72 5,111.15
2016-12-31 9,994.97 2,529.84 4,880.21
2016-09-30 8,282.25 2,206.75 5,496.68
2016-06-30 8,196.63 2,006.65 4,456.32
2016-03-31 7,539.50 1,802.36 4,297.85
2015-12-31 7,172.24 1,712.35 3,626.63
2015-09-30 6,903.74 1,577.18 3,537.68
2015-06-30 6,477.92 1,443.86 2,352.38
2015-03-31 6,304.86 1,322.86 3,474.55
2014-12-31 5,320.38 1,132.45 3,128.12
2014-09-30 4,861.85 881.15 3,059.43
2014-06-30 4,318.19 624.65 2,990.72
2014-03-31 3,980.81 596.56 2,873.06
2013-12-31 4,541.09 557.25 2,794.65
2013-09-30 4,798.27 796.09 2,662.93
2013-06-30 4,936.08 916.89 2,596.59
2013-03-31 4,756.92 915.75 2,557.78
2012-12-31 4,681.39 994.36 2,406.69
2012-09-30 4,410.99 964.81 2,445.81
2012-06-30 4,354.81 1,076.70 1,499.90
2012-03-31 4,197.33 1,070.22 2,272.66

*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 Lakshmi Vilas 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 Lakshmi Vilas 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 Lakshmi Vilas 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 Lakshmi Vilas 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.
Lakshmi Vilas 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.

534690 Health

 How is Lakshmi Vilas 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 Lakshmi Vilas 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 Lakshmi Vilas Bank Company Filings, last reported 2 months ago.

BSE:534690 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 20,534.16 33,698.70 18,080.46
2018-09-30 20,534.16 33,698.70 18,080.46
2018-06-30 23,276.68 40,127.80 6,609.51
2018-03-31 23,276.68 40,127.80 6,609.51
2017-12-31 21,290.60 50,978.40 4,153.50
2017-09-30 21,290.60 50,978.40 4,153.50
2017-06-30 21,363.42 17,731.32 5,103.36
2017-03-31 21,363.42 17,731.32 5,103.36
2016-12-31 18,891.24 6,682.00 13,752.12
2016-09-30 18,891.24 6,682.00 13,752.12
2016-06-30 17,635.94 7,230.08 3,980.18
2016-03-31 17,635.94 7,230.08 3,980.18
2015-12-31 16,392.60 5,982.00 11,886.00
2015-09-30 16,392.60 5,982.00 11,886.00
2015-06-30 15,561.43 4,581.00 11,434.40
2015-03-31 15,561.43 4,581.00 4,125.46
2014-12-31 15,195.63 4,581.00 10,117.87
2014-09-30 15,195.63 4,581.00 10,117.87
2014-06-30 10,535.99 4,581.00 3,461.13
2014-03-31 10,535.99 4,581.00 3,461.14
2013-12-31 10,457.89 6,549.48 9,790.80
2013-09-30 10,457.89 6,549.48 9,790.80
2013-06-30 10,143.44 4,800.00 3,284.00
2013-03-31 10,143.45 4,800.00 3,284.00
2012-12-31 10,016.03 6,799.35 9,408.23
2012-09-30 10,016.03 6,799.35 9,408.23
2012-06-30 9,583.65 5,800.00 8,467.44
2012-03-31 9,583.65 5,800.00 2,163.76
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.
  • Lakshmi Vilas Bank has an acceptable proportion of non-loan assets held.
  • Lakshmi Vilas Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Lakshmi Vilas Bank are broadly funded by customer deposits.
  • Lakshmi Vilas Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Lakshmi Vilas Bank has a sufficient allowance for bad loans without relevant financial data.
  • Lakshmi Vilas Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Lakshmi Vilas 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. Lakshmi Vilas Bank has a total score of 4/6, 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.

534690 Dividends

 What is Lakshmi Vilas 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 Lakshmi Vilas Bank dividends.
If you bought ₹2,000 of Lakshmi Vilas 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 Lakshmi Vilas Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lakshmi Vilas 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:534690 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 0 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 1400 Stocks 1.4%
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:534690 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:534690 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-04 0.000 0.000
2018-10-24 0.000 0.000
2018-07-26 0.000 0.000
2018-07-09 0.000 0.000
2018-05-25 0.000 0.000
2017-06-13 2.700 1.988
2016-05-06 3.000 2.212
2016-04-27 3.000 3.725
2015-08-05 2.000 2.303
2015-04-29 2.000 2.096
2014-07-17 1.000 1.160
2013-08-06 3.000 4.099
2012-08-23 3.500 4.230
2012-05-30 3.500 4.504
2011-10-14 2.500 2.870
2010-06-24 0.600 0.548
2010-06-01 0.600 0.691
2009-08-17 2.500 3.048
2009-05-29 2.500 3.016
2009-03-19 1.500 2.082

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

  • Unable to perform a dividend volatility check as Lakshmi Vilas Bank has not reported any payouts.
  • Unable to verify if Lakshmi Vilas Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lakshmi Vilas Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lakshmi Vilas Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Lakshmi Vilas 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 Lakshmi Vilas Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lakshmi Vilas 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.

534690 Management

 What is the CEO of Lakshmi Vilas 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
Parthasarathi Mukherjee
COMPENSATION ₹50,954,195
AGE 58
TENURE AS CEO 3.3 years
CEO Bio

Mr. Parthasarathi Mukherjee has been the Chief Executive Officer and Managing Director of The Lakshmi Vilas Bank Limited since December 21, 2015. Mr. Mukherjee is a Banking Professional having around 33 years of rich experience in the Banking Industry. He started his career as a probationary officer in State bank of India in the year 1982. He was involved in setting up the Treasury Operations of the UTI/Axis bank from its inception. He headed the Treasury and International Banking Business before taking charge as the Group Executive, Corporate Relationships and International Business in Axis Bank. He has been Director of The Lakshmi Vilas Bank Limited since December 21, 2015.

CEO Compensation
  • Parthasarathi's compensation has increased whilst company is loss making.
  • Parthasarathi's remuneration is higher than average for companies of similar size in India.
Management Team

Parthasarathi Mukherjee

TITLE
MD, CEO & Director
COMPENSATION
₹51M
AGE
58
TENURE
3.3 yrs

R. M. Sundaram

TITLE
President & Head of Corporate Banking
AGE
60

R. Kumarappan

TITLE
Senior VP & Head of Stressed Assets Recovery

P. Jain

TITLE
Senior VP & Head of Retail Liabilities and Products
AGE
43

R. Gurumurthy

TITLE
Senior VP & Head of Treasury
AGE
58

Manmadha Boyina

TITLE
Senior VP & Head of Transaction Banking
AGE
56

Vasant Shukla

TITLE
Senior VP and Head of ALM & Interest Rates
AGE
42

N. Nachiappan

TITLE
Senior VP & Head of Commercial Banking Operations
AGE
56

N. Ramanathan

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹4M

S. Sundar

TITLE
President & CFO
Board of Directors Tenure

Average tenure and age of the Lakshmi Vilas Bank board of directors in years:

2
Average Tenure
59
Average Age
  • The average tenure for the Lakshmi Vilas Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

B. Manjunath

TITLE
Non-Executive Chairman of the Board
COMPENSATION
₹3M
AGE
58
TENURE
1.8 yrs

Parthasarathi Mukherjee

TITLE
MD, CEO & Director
COMPENSATION
₹51M
AGE
58
TENURE
3.2 yrs

Anuradha Pradeep

TITLE
Non Executive Non-Independent Director
COMPENSATION
₹2M
AGE
51
TENURE
2 yrs

G. Gupta

TITLE
Non Independent & Non-Executive Director
COMPENSATION
₹455K
AGE
60
TENURE
1.5 yrs

Kusuma Muniraju

TITLE
Non-Executive & Independent Director
COMPENSATION
₹2M
AGE
69
TENURE
2.7 yrs

Suvendu Pati

TITLE
RBI Nominee Director
AGE
49
TENURE
3.1 yrs

Y. Lakshminarayana Murthy

TITLE
Non Executive Independent Director
COMPENSATION
₹875K
AGE
65
TENURE
2.8 yrs

Hemant Kaul

TITLE
Additional Director
COMPENSATION
₹945K
AGE
62
TENURE
1.9 yrs

Rajnish Kumar

TITLE
RBI Nominee
AGE
46
TENURE
1.8 yrs

H. S. Kamath

TITLE
Additional Director
AGE
65
TENURE
0.9 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 (₹)
04. Oct 18 Buy K. Predeep Individual 01. Oct 18 01. Oct 18 200,000 ₹85.24 ₹17,048,510
01. Oct 18 Sell Tangerine Capital Asset Holdings LLP Company 28. Sep 18 28. Sep 18 -454,796 ₹75.96 ₹-34,544,053
20. Aug 18 Buy Sanjay Kumar Rai Individual 14. Aug 18 14. Aug 18 19,385 ₹93.50 ₹1,812,514
X
Management checks
We assess Lakshmi Vilas 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. Lakshmi Vilas 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.

534690 News

Simply Wall St News

Highly Undervalued Financial Stocks To Profit From

Financial ompanies that are recently trading at a market price lower than their real values include Lakshmi Vilas Bank and Vijaya Bank. … The Lakshmi Vilas Bank Limited (BSE:534690) The Lakshmi Vilas Bank Limited provides various banking products and services in India. … BSE:534690 PE PEG Gauge May 17th 18 Vijaya Bank (BSE:532401) Vijaya Bank provides various banking products and services primarily in India.

Simply Wall St -

Cheap Financial Stocks To Watch Out For In April

Lakshmi Vilas Bank and Power Finance are two financial stocks I have identified as undervalued. … BSE:534690 PE PEG Gauge Apr 12th 18 Power Finance Corporation Limited (NSEI:PFC) Power Finance Corporation Limited provides financial products and related advisory, and other services to the power sector in India. … NSEI:PFC PE PEG Gauge Apr 12th 18 Rural Electrification Corporation Limited (NSEI:RECLTD) Rural Electrification Corporation Limited, a public financial institution, provides financing and promotion services for power transmission, distribution, and generation projects in India.

Simply Wall St -

Top Financial Dividend Picks For The Day

BSE:534690 Historical Dividend Yield Apr 12th 18 The Karnataka Bank Limited (NSEI:KTKBANK) KTKBANK has a nice dividend yield of 3.23% and their payout ratio stands at 26.30%. … NSEI:KTKBANK Historical Dividend Yield Apr 12th 18 BSE Limited (NSEI:BSE) BSE has a good dividend yield of 3.44% and pays out 53.60% of its profit as dividends , with analysts expecting this ratio to be 76.34% in the next three years. … NSEI:BSE Historical Dividend Yield Apr 12th 18 For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

Simply Wall St -

Value-Adding Financial Dividend Stocks To Buy Now

The Lakshmi Vilas Bank Limited (BSE:534690) 534690 has a decent dividend yield of 2.80% and the company has a payout ratio of 57.64%. … BSE:534690 Historical Dividend Yield Mar 8th 18 The Karnataka Bank Limited (NSEI:KTKBANK) KTKBANK has a sizeable dividend yield of 3.40% and pays 26.30% of it’s earnings as dividends. … NSEI:KTKBANK Historical Dividend Yield Mar 8th 18 BSE Limited (NSEI:BSE) BSE has a good-sized dividend yield of 3.60% and has a payout ratio of 53.60% , with analysts expecting the payout in three years to be 75.92%.

Simply Wall St -

534690 Company Info

Description

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. The company offers various deposit products, such as savings accounts, current accounts, fixed deposits, and recurring deposits. It also provides a range of loans comprising home, business credit, initial public offer, rental, personal vehicle, gold, student, commercial vehicle, as well as loans against properties and securities; and Kisan credit cards. In addition, the company offers online services consisting of national electronic fund transfer services, real time gross settlement system services, mobile payment services, Internet banking, net and SMS banking, and ECS services. Further, it provides non-resident Indian (NRI) services, including NRI deposits, such as NRE rupee accounts, ordinary non-resident accounts, foreign currency non–resident accounts, and resident foreign currency accounts; NRI loans; money transfer; and forex services. Additionally, the company offers debit and ATM cards; and wealth management services comprising life and general insurance, export credit guarantee insurance, mutual funds, portfolio management, Demat, PAN, pension, and online trading services. As of March 31, 2018, it operated a network of 548 branches comprising 540 general banking branches, 7 commercial banking branches, 1 satellite branch, and 7 extension counters, as well as ATM network of 1020 in India. The company was founded in 1926 and is based in Chennai, India.

Details
Name: The Lakshmi Vilas Bank Limited
534690
Exchange: BSE
Founded: 1926
₹21,017,642,211
319,903,230
Website: http://www.lvbank.com
Address: The Lakshmi Vilas Bank Limited
LVB House,
No. 4, Sardar Patel Road,
Chennai,
Tamil Nadu, 600032,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 534690 Equity Shares Mumbai Stock Exchange IN INR 21. Jun 2000
NSEI LAKSHVILAS Equity Shares National Stock Exchange of India IN INR 21. Jun 2000
Number of employees
Current staff
Staff numbers
4,623
Lakshmi Vilas Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 12:41
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2018/05/25
Last earnings filing: 2019/02/04
Last earnings reported: 2018/12/31
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.