NSEI:ANDHRABANK

Stock Analysis Report

Executive Summary

Andhra Bank provides a range of banking products and services in India.


Snowflake Analysis

High growth potential with adequate balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ANDHRABANK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.6%

ANDHRABANK

1.4%

IN Banks

0.2%

IN Market


1 Year Return

-37.9%

ANDHRABANK

10.9%

IN Banks

3.1%

IN Market

Return vs Industry: ANDHRABANK underperformed the Indian Banks industry which returned 10.9% over the past year.

Return vs Market: ANDHRABANK underperformed the Indian Market which returned 3.1% over the past year.


Shareholder returns

ANDHRABANKIndustryMarket
7 Day0.6%1.4%0.2%
30 Day3.5%4.2%0.1%
90 Day-8.0%12.0%6.5%
1 Year-37.9%-37.9%11.3%10.9%5.1%3.1%
3 Year-64.7%-64.7%32.9%31.3%33.6%26.5%
5 Year-78.2%-79.0%15.4%11.7%41.1%28.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ANDHRABANK is good value based on its PB Ratio (0.4x) compared to the IN Banks industry average (0.7x).


Next Steps

Future Growth

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

171.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANDHRABANK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.5%).

Earnings vs Market: ANDHRABANK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ANDHRABANK's is expected to become profitable in the next 3 years.

Revenue vs Market: ANDHRABANK's revenue (47.8% per year) is forecast to grow faster than the Indian market (11.6% per year).

High Growth Revenue: ANDHRABANK's revenue (47.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Andhra Bank performed over the past 5 years?

-47.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANDHRABANK is currently unprofitable.

Growing Profit Margin: ANDHRABANK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ANDHRABANK is unprofitable, and losses have increased over the past 5 years at a rate of -47.6% per year.

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

Earnings vs Industry: ANDHRABANK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (29.5%).


Return on Equity

High ROE: ANDHRABANK has a negative Return on Equity (-12.26%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Andhra 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: ANDHRABANK has a low level of unsold assets or inventory.

Debt Coverage by Assets: ANDHRABANK's debt is covered by short term assets (assets are 1.8x 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: ANDHRABANK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ANDHRABANK has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 42.4% each year


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: ANDHRABANK has a high level of bad loans (19.14%)


Next Steps

Dividend

What is Andhra 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

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ANDHRABANK'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 Andhra Bank's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

J. Packirisamy 0

1.3yrs

Tenure

₹2,698,575

Compensation

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 Sta ...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD38.11K) is below average for companies of similar size in the Indian market ($USD424.69K).

Compensation vs Earnings: Insufficient data to compare J.'s compensation with company performance.


Management Age and Tenure

1.3yrs

Average Tenure

Experienced Management: ANDHRABANK's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Age and Tenure

2.2yrs

Average Tenure

Experienced Board: ANDHRABANK's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Insider Trading

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 substantially diluted in the past year, with total shares outstanding growing by 101.6%.


Management Team

  • Kul Jain

    Executive Director

    • Tenure: 2.2yrs
    • Compensation: ₹2.36m
  • J. Packirisamy

    CEO, MD & Director

    • Tenure: 1.3yrs
    • Compensation: ₹2.70m
  • Syamal Ray

    BR Head & GM

    • Tenure: 0yrs
  • A. Aravind

    Chief Vigilance Officer

    • Tenure: 0yrs
  • R. Srinivasan

    Chief Risk Officer

    • Tenure: 2.3yrs
  • M. Babu Prasad

    CFO & GM

    • Tenure: 1.6yrs
  • Bhaskara Kare

    General Manager

    • Tenure: 1.9yrs
  • Raghuram Mallela

    Interim Compliance Officer & Company Secretary

    • Tenure: 1.3yrs
  • C. Raghunath

    General Manager

    • Tenure: 0.9yrs
  • V. Reddy

    General Manager

    • Tenure: 0.9yrs

Board Members

  • Aravamudan Kumar (65yo)

    Shareholder Director

    • Tenure: 4.8yrs
  • Gopalan Sivakumar (59yo)

    Shareholder Director

    • Tenure: 4.8yrs
  • Kul Jain

    Executive Director

    • Tenure: 2.2yrs
    • Compensation: ₹2.36m
  • J. Packirisamy

    CEO, MD & Director

    • Tenure: 1.3yrs
    • Compensation: ₹2.70m
  • Anjana Dube

    Government Nominee Director

    • Tenure: 2.7yrs
  • Balagopal Mahapatra

    Independent Director

    • Tenure: 2yrs
  • P. Thomas

    Nominee Director

    • Tenure: 0.7yrs

Company Information

Andhra Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Andhra Bank
  • Ticker: ANDHRABANK
  • Exchange: NSEI
  • Founded: 1923
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹52.825b
  • Shares outstanding: 2.98b
  • Website: https://www.andhrabank.in

Location

  • Andhra Bank
  • 5-9-11, Dr. Pattabhi Bhavan
  • Secretariat Road
  • Hyderabad
  • Andhra Pradesh
  • 500004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532418BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2001
ANDHRABANKNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2001

Biography

Andhra Bank provides a range of banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/14 12:49
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
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.