NSEI:ANDHRABANK

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet and overvalued.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ANDHRABANK

11.4%

IN Banks

6.4%

IN Market


1 Year Return

-64.4%

ANDHRABANK

-36.3%

IN Banks

-14.8%

IN Market

Return vs Industry: ANDHRABANK underperformed the Indian Banks industry which returned -49.3% over the past year.

Return vs Market: ANDHRABANK underperformed the Indian Market which returned -24% over the past year.


Shareholder returns

ANDHRABANKIndustryMarket
7 Day0%11.4%6.4%
30 Day0%9.0%9.5%
90 Day-37.2%-21.4%-7.4%
1 Year-64.4%-64.4%-36.0%-36.3%-13.1%-14.8%
3 Year-84.5%-84.5%-35.4%-36.1%-3.7%-8.8%
5 Year-86.7%-87.2%-16.5%-19.0%23.7%12.1%

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?

0.2x

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 (0.2x) compared to the IN Banks industry average (0.5x).


Next Steps

Future Growth

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

16.1%

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 Andhra 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 Andhra Bank performed over the past 5 years?

-40.1%

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 -40.1% 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 (22%).


Return on Equity

High ROE: ANDHRABANK has a negative Return on Equity (-6.69%), as it is currently unprofitable.


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


Financial Institutions Analysis

Asset Level: ANDHRABANK's Assets to Equity ratio (18.1x) is moderate.

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

Low Risk Liabilities: 92% of ANDHRABANK's liabilities are made up of primarily low risk sources of funding.

Loan Level: ANDHRABANK has an appropriate level of Loans to Assets ratio (63%).

Low Risk Deposits: ANDHRABANK's Loans to Deposits ratio (73%) is appropriate.

Level of Bad Loans: ANDHRABANK has a high level of bad loans (19.5%).


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

1.5yrs

Average management tenure


CEO

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


Leadership Team

NamePositionTenureCompensationOwnership
Kul Jain
Executive Director2.58yrs₹2.36mno data
V. Reddy
General Manager1.33yrsno datano data
M. Babu Prasad
CFO & GM2yrsno datano data
Raghuram Mallela
Interim Compliance Officer & Company Secretary1.75yrsno datano data
A. Aravind
Chief Vigilance Officerno datano datano data
R. Srinivasan
Chief Risk Officer2.75yrsno datano data
Bhaskara Kare
General Manager2.33yrsno datano data
C. Raghunath
General Manager1.33yrsno datano data
Ch Sastry
General Manager1.33yrsno datano data
D. Chandra Reddy
General Manager1.33yrsno datano data

1.5yrs

Average Tenure

Experienced Management: ANDHRABANK's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kul Jain
Executive Director2.58yrs₹2.36mno data
Aravamudan Kumar
Independent Shareholder Director5.17yrsno data0.000010% 2.8k
Gopalan Sivakumar
Independent Shareholder Director5.17yrsno datano data
Anjana Dube
Government Nominee Director3.08yrsno datano data
Balagopal Mahapatra
Independent Director2.42yrsno datano data
P. Thomas
Nominee Director1.08yrsno datano data

2.8yrs

Average Tenure

Experienced Board: ANDHRABANK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 78%.


Top Shareholders

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: ₹28.293b
  • Shares outstanding: 3.10b
  • 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 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, 2019, it had 2,885 branches; 4 extension counters; and 3,798 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 13:13
End of Day Share Price2020/03/19 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.