BSE:590003

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Karur Vysya Bank

Executive Summary

The Karur Vysya Bank Limited provides various banking and financial services for personal and corporate customers in India.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 590003's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.5%

590003

11.6%

IN Banks

6.4%

IN Market


1 Year Return

-65.5%

590003

-36.5%

IN Banks

-14.8%

IN Market

Return vs Industry: 590003 underperformed the Indian Banks industry which returned -36.3% over the past year.

Return vs Market: 590003 underperformed the Indian Market which returned -14.8% over the past year.


Shareholder returns

590003IndustryMarket
7 Day15.5%11.6%6.4%
30 Day0.8%10.4%10.6%
90 Day-31.0%-21.2%-7.1%
1 Year-65.2%-65.5%-36.3%-36.5%-13.1%-14.8%
3 Year-74.8%-77.3%-36.1%-36.8%-4.1%-9.2%
5 Year-61.9%-67.6%-17.3%-19.8%23.2%11.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

10.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 590003's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 590003's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 590003 is good value based on its PE Ratio (10.1x) compared to the Banks industry average (11.4x).

PE vs Market: 590003 is good value based on its PE Ratio (10.1x) compared to the Indian market (10.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 590003's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 590003 is good value based on its PB Ratio (0.3x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

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

16.9%

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 Karur Vysya 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.


Next Steps

Past Performance

How has Karur Vysya Bank performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 590003 has high quality earnings.

Growing Profit Margin: 590003's current net profit margins (10.3%) are lower than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: 590003's earnings have declined by -17.8% per year over the past 5 years.

Accelerating Growth: 590003's earnings growth over the past year (4.9%) exceeds its 5-year average (-17.8% per year).

Earnings vs Industry: 590003 earnings growth over the past year (4.9%) underperformed the Banks industry 19.9%.


Return on Equity

High ROE: 590003's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Karur Vysya 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: 590003's Assets to Equity ratio (11.3x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if 590003 has a sufficient allowance for bad loans.

Low Risk Liabilities: 93% of 590003's liabilities are made up of primarily low risk sources of funding.

Loan Level: 590003 has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: 590003's Loans to Deposits ratio (76%) is appropriate.

Level of Bad Loans: 590003 has a high level of bad loans (9.3%).


Next Steps

Dividend

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

2.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 590003's dividend (2.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.79%).

High Dividend: 590003's dividend (2.24%) is low compared to the top 25% of dividend payers in the Indian market (3.23%).


Stability and Growth of Payments

Stable Dividend: 590003's dividend payments have been volatile in the past 10 years.

Growing Dividend: 590003's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.7%), 590003's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Karur Vysya Bank has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
J. Natarajan
President & COO2.17yrsno data0.0046% 991.9k
G. S. Kumar
Chief General Managerno datano datano data
S. Balaji
Chief General Managerno datano datano data
Mocherla Durga Murthy
GM & Chief Risk Officer2.17yrsno datano data
T. Prasad
GM & CFOno datano data0.0047% 1.0m
M. Kumar
Chief Compliance Officer & Deputy GMno datano datano data
R. Rajagopalan
Deputy General Manager of Legalno datano datano data
Srinivasa Maddirala
Company Secretary & Assistant GM3.08yrsno datano data

2.2yrs

Average Tenure

58yo

Average Age

Experienced Management: 590003's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
M. Venkatesan
Non-Executive Non-Independent Director5.5yrs₹1.49m0.095% 20.3m
V. G. Prasad
Non-Executive Independent Director6yrs₹735.00k0.020% 4.3m
N. Srinath
Non-Executive Independent Part-time Chairman1.25yrs₹1.39m0.00043% 91.9k
A. Praburaj
Non-Executive Non-Independent Director5.5yrs₹1.59m0.011% 2.4m
K. Vijayalakshmi
Non-Executive Independent Director5.25yrs₹1.28m0.00040% 85.5k
M. Srinivasamoorthi
Non-Executive Non-Independent Director4.83yrs₹1.24mno data
K. Ravichandran
Non-Executive Independent Director4.08yrs₹1.01m0.00041% 87.6k
R. Ramkumar
Non-Executive Non-Independent Director2yrs₹815.00k0.12% 25.6m
K.G. Mohan
Additional Non-Executive Independent Director0.33yrno datano data

4.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 590003's board of directors are considered experienced (4.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 590003 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Karur Vysya Bank Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Karur Vysya Bank Limited
  • Ticker: 590003
  • Exchange: BSE
  • Founded: 1916
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹21.378b
  • Shares outstanding: 799.17m
  • Website: https://www.kvb.co.in

Number of Employees


Location

  • The Karur Vysya Bank Limited
  • No. 20, Erode Road
  • Vadivel Nagar, L.N.S.
  • Karur
  • Tamil Nadu
  • 639002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
590003BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2000
KARURVYSYANSEI (National Stock Exchange of India)YesEquity SharesININRJul 2000

Biography

The Karur Vysya Bank Limited provides various banking and financial services for personal and corporate customers in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings and current accounts; recurring and tax saving deposits; personal, home, vehicle, educational, and mortgage loans; debit and credit cards; prepaid instruments, including gift, forex travel, and re-loadable cards, as well as cards for senior citizens; life, non-life, and health insurance products; demat, trading, and mutual fund services, as well as sovereign gold bond schemes; digital products; locker facilities; and government schemes. It also provides loans for micro, small, and medium enterprises, as well as commercial loans; payment collection and transaction banking services; FCNR, NRE, and NRO deposits; jewel loans and loans against deposits; bancassurance services; treasury and remittance services; and Internet and mobile banking services, as well as a range of products for the agricultural sector. As of March 31, 2019, the company operated 789 branches and 1,645 automated teller machines. The Karur Vysya Bank Limited was founded in 1916 and is based in Karur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 13:04
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
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.