Loading...

Dena Bank

NSEI:DENABANK
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DENABANK
NSEI
₹28B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Dena Bank provides various banking products and services in India. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
  • Dena Bank has significant price volatility in the past 3 months.
DENABANK Share Price and Events
7 Day Returns
0%
NSEI:DENABANK
3.4%
IN Banks
0.3%
IN Market
1 Year Returns
-35.1%
NSEI:DENABANK
15%
IN Banks
2.4%
IN Market
DENABANK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dena Bank (DENABANK) 0% 20.5% -25.4% -35.1% -55.9% -78%
IN Banks 3.4% 10.8% 5.7% 15% 57.8% 77.3%
IN Market 0.3% 8% 1.6% 2.4% 44% 81.3%
1 Year Return vs Industry and Market
  • DENABANK underperformed the Banks industry which returned 15% over the past year.
  • DENABANK underperformed the Market in India which returned 2.4% over the past year.
Price Volatility
DENABANK
Industry
5yr Volatility vs Market
Related Companies

DENABANK Value

 Is Dena 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
  • It is not possible to calculate the future cash flow value for Dena Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹12.65.
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 Dena Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dena Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:DENABANK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-12.37
BSE:532121 Share Price ** BSE (2019-03-07) in INR ₹12.59
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.01x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.54x

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

** Primary Listing of Dena Bank.

NSEI:DENABANK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532121 Share Price ÷ EPS (both in INR)

= 12.59 ÷ -12.37

-1.02x

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

  • Dena Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Dena Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Dena Bank's expected growth come at a high price?
Raw Data
NSEI:DENABANK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.28x

*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 Dena Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dena Bank's assets?
Raw Data
NSEI:DENABANK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹40.74
BSE:532121 Share Price * BSE (2019-03-07) in INR ₹12.59
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 1.11x
NSEI:DENABANK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532121 Share Price ÷ Book Value per Share (both in INR)

= 12.59 ÷ 40.74

0.31x

* Primary Listing of Dena Bank.

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

  • Dena Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Dena 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. Dena Bank has a total score of 1/6, 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.

DENABANK Future Performance

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

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 Dena 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
36.9%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dena Bank expected to grow at an attractive rate?
  • Unable to compare Dena Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dena Bank's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Dena Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:DENABANK Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.9%
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 11.8%

*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
NSEI:DENABANK 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.
NSEI:DENABANK Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:DENABANK Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 -7,101 -25,423
2018-09-30 -13,507 -27,439
2018-06-30 -13,151 -25,122
2018-03-31 -7,106 60,997 -19,232
2017-12-31 2,499 -12,730
2017-09-30 10,238 -8,576
2017-06-30 12,090 -7,169
2017-03-31 9,942 35,985 -8,636
2016-12-31 11,413 -6,147
2016-09-30 3,137 -13,129
2016-06-30 4,429 -12,298
2016-03-31 7,174 -66,633 -9,353

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dena Bank is high growth as no earnings estimate data is available.
  • Unable to determine if Dena 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
NSEI:DENABANK 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 Dena Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DENABANK Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:DENABANK Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -12.37
2018-09-30 -16.07
2018-06-30 -17.52
2018-03-31 -18.06
2017-12-31 -14.19
2017-09-30 -9.65
2017-06-30 -9.49
2017-03-31 -11.89
2016-12-31 -8.86
2016-09-30 -20.00
2016-06-30 -19.53
2016-03-31 -15.50

*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 Dena Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Dena Bank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Dena Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Dena Bank's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Dena 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.
Dena Bank has a total score of 0/6, 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.

DENABANK Past Performance

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

NSEI:DENABANK 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 -7,101.47 -25,423.03 22,280.01
2018-09-30 -13,507.47 -27,438.93 22,095.91
2018-06-30 -13,150.57 -25,122.13 21,624.61
2018-03-31 -7,105.77 -19,231.53 21,437.21
2017-12-31 2,499.11 -12,729.95 20,007.00
2017-09-30 10,237.51 -8,576.25 19,807.40
2017-06-30 12,089.91 -7,169.25 19,832.70
2017-03-31 9,941.91 -8,636.25 19,627.60
2016-12-31 11,412.87 -6,147.49 20,445.67
2016-09-30 3,137.37 -13,129.09 20,155.07
2016-06-30 4,428.67 -12,298.29 20,058.87
2016-03-31 7,173.67 -9,353.19 19,822.37
2015-12-31 11,093.07 -5,530.98 17,910.22
2015-09-30 19,039.57 1,863.02 17,334.62
2015-06-30 18,277.97 1,991.22 16,611.42
2015-03-31 19,065.77 2,654.82 15,952.02
2014-12-31 18,909.22 3,969.30 15,699.53
2014-09-30 17,411.22 3,881.80 15,226.53
2014-06-30 16,919.72 4,439.80 14,769.73
2014-03-31 19,057.52 5,516.60 14,262.53
2013-12-31 22,222.65 4,900.42 12,937.79
2013-09-30 24,123.45 6,286.92 12,307.39
2013-06-30 26,011.65 7,609.52 11,585.79
2013-03-31 23,321.20 8,103.82 11,154.93
2012-12-31 23,940.96 9,395.11 10,461.04
2012-09-30 23,421.86 9,197.41 10,247.24
2012-06-30 22,657.36 8,736.81 10,083.24
2012-03-31 22,322.45 8,031.41 9,859.89

*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 Dena 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 Dena 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 Dena 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 Dena 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.
Dena 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.

DENABANK Health

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

NSEI:DENABANK Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31
2018-09-30
2018-06-30 92,028.01 35,610.00 6,197.87
2018-03-31 92,028.01 35,610.00 6,197.87
2017-12-31 73,008.60 49,360.00 51,551.30
2017-09-30 73,008.60 49,360.00 51,551.30
2017-06-30 76,851.40 50,608.77 10,783.49
2017-03-31 76,851.40 50,608.77 10,783.49
2016-12-31 72,529.00 69,716.00 63,236.20
2016-09-30 72,529.00 69,716.00 63,236.20
2016-06-30 71,414.76 62,713.26 6,266.59
2016-03-31 71,414.76 62,713.26 6,266.59
2015-12-31 79,010.80 60,455.70 59,321.60
2015-09-30 79,010.80 60,455.70 59,321.60
2015-06-30 74,401.31 34,360.00 45,233.41
2015-03-31 74,401.31 34,360.00 14,649.49
2014-12-31 72,755.90 27,860.10 55,517.80
2014-09-30 72,755.90 27,860.10 55,517.80
2014-06-30 71,424.89 51,609.31 43,438.16
2014-03-31 71,424.89 51,609.31 43,438.16
2013-12-31 60,455.90 52,079.70 45,535.50
2013-09-30 60,455.90 52,079.70 45,535.50
2013-06-30 57,640.12 84,136.56 98,214.09
2013-03-31 57,640.12 84,136.56 69,830.57
2012-12-31 49,506.00 39,102.70 56,084.40
2012-09-30 49,506.00 39,102.70 56,084.40
2012-06-30 44,773.31 38,809.48 27,498.47
2012-03-31 44,773.31 38,809.48 55,511.99
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.
  • Dena Bank has an acceptable proportion of non-loan assets held.
  • Dena Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Dena Bank are broadly funded by customer deposits.
  • Dena 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 Dena Bank has a sufficient allowance for bad loans without relevant financial data.
  • Dena Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Dena 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. Dena 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.

DENABANK Dividends

 What is Dena 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 Dena Bank dividends.
If you bought ₹2,000 of Dena 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 Dena Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dena 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
NSEI:DENABANK 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 1399 Stocks 1.3%
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.

NSEI:DENABANK Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:DENABANK Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-05-18 0.000 0.000
2017-05-09 0.000 0.000
2017-02-10 0.000 0.000
2016-11-07 0.000 0.000
2016-08-12 0.000 0.000
2016-07-01 0.000 0.000
2015-06-29 0.900 2.512
2014-06-09 2.200 3.792
2014-05-19 2.200 2.603
2014-05-12 2.200 3.252
2014-02-10 2.200 3.841
2014-01-13 2.200 3.880
2013-05-29 4.700 8.315
2013-05-11 4.700 5.151
2012-07-27 3.000 2.971
2012-05-08 3.000 3.215
2011-06-08 2.200 2.858
2011-04-29 2.200 2.360
2010-07-19 2.000 1.830
2009-07-16 1.200 1.633
2009-03-23 1.000 2.269

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

  • Unable to perform a dividend volatility check as Dena Bank has not reported any payouts.
  • Unable to verify if Dena Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dena Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dena 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 Dena 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 Dena Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dena 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.

DENABANK Management

 What is the CEO of Dena 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
Karnam Sekar
AGE 58
TENURE AS CEO 0.5 years
CEO Bio

Mr. Karnam Sekar has been Managing Director, Chief Executive Officer and Director of Dena Bank since September 21, 2018. Mr. Sekar is having around 35 years of vast experience in Banking. Prior to joining Dena Bank as MD & CEO, he was working as Dy. Managing Director & Chief Credit Officer in the State Bank of India, heading the Highest Credit Committee in the Bank. He had joined the State Bank of India as Probationary officer on 9th December, 1983. His experience in SBI has been in Credit & Branch Operations. He worked in various geographies including the North Eastern part of the Country. His earlier assignments include, the Branch Manager of the Corporate Accounts Group Branch, Mumbai, and Manager (Treasury) at SBI Johannesburg, South Africa. He had also worked as Chief General Manager in Lucknow.

CEO Compensation
  • Insufficient data for Karnam to compare compensation growth.
  • Insufficient data for Karnam to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Dena Bank management team in years:

0.7
Average Tenure
56.5
Average Age
  • The average tenure for the Dena Bank management team is less than 2 years, this suggests a new team.
Management Team

Rajesh Yaduvanshi

TITLE
Executive Director
COMPENSATION
₹2M
AGE
57

Karnam Sekar

TITLE
MD, CEO & Director
AGE
58
TENURE
0.5 yrs

Mahiraj Hyankey

TITLE
CFO & GM
AGE
56
TENURE
0.7 yrs

Sanjeev Dobhal

TITLE
General Manger of Security
TENURE
0.3 yrs

Amit Kumar

TITLE
Compliance Officer
AGE
40
TENURE
1.7 yrs

Manmohan Gupta

TITLE
General Manager of Recovery Management & Legal
TENURE
0.2 yrs

Chitra Kirthivasan

TITLE
General Manager of HR & Treasury
TENURE
1.2 yrs

R. Kalingaraayan

TITLE
Assistant General Manager of BPR

Jaya Chakraborty

TITLE
General Manager of SAMV -III
TENURE
1.2 yrs
Board of Directors Tenure

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

1
Average Tenure
56.5
Average Age
  • The average tenure for the Dena Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Anjali Bansal

TITLE
Non-Executive Chairperson
TENURE
0.8 yrs

Rajesh Yaduvanshi

TITLE
Executive Director
COMPENSATION
₹2M
AGE
57
TENURE
1.4 yrs

Karnam Sekar

TITLE
MD, CEO & Director
AGE
58
TENURE
0.5 yrs

Yasho Verma

TITLE
Shareholder Director
AGE
61
TENURE
1 yrs

Ashok Singh

TITLE
Government Nominee Director
AGE
49
TENURE
3.2 yrs

Shirish Murmu

TITLE
Reserve Bank of India - Nominee Director
AGE
50
TENURE
2.8 yrs

Rakesh Kumar

TITLE
Shareholder Director
AGE
56
TENURE
1 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 (₹)
17. Apr 18 Buy India Company 27. Mar 18 27. Mar 18 1,128,195,628 ₹26.99 ₹30,449,939,359
X
Management checks
We assess Dena 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. Dena 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.

DENABANK News

Simply Wall St News

Did You Manage To Avoid Dena Bank's Devastating 79% Share Price Drop?

Spare a thought for those who held Dena Bank (NSE:DENABANK) for five whole years - as the share price tanked 79%. … With zero revenue generated over twelve months, we Dena Bank has proved its business plan yet. … It seems likely some shareholders believe that Dena Bank will significantly advance the business plan before too long.

Simply Wall St -

What You Should Know About Dena Bank’s (NSE:DENABANK) Liquidity

Dena Bank’s (NSE:DENABANK) profitability and risk are largely affected by the underlying economic growth for the region it operates in IN given it is a small-cap stock with a market capitalisation of ₹39b. … Since its financial standing can unexpectedly decline in the case of an adverse macro event such as political instability, it is important to understand how prudent the bank is at managing its risk levels. … Low levels of leverage coupled with sufficient liquidity may place Dena Bank in a safe position in the face of adverse headwinds.

Simply Wall St -

Can These Factors Give You An Edge In Dena Bank (NSE:DENABANK)?

Dena Bank’s (NSE:DENABANK) profitability and risk are largely affected by the underlying economic growth for the region it operates in IN given it is a small-cap stock with a market capitalisation of ₹34.00b. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Dena Bank to vulnerabilities. … Unpredictable macro events such as political instability could weaken its financial position which is why it is important to understand how well the bank manages its risk levels.

Simply Wall St -

How Should You Think About Dena Bank's (NSE:DENABANK) Risks?

View our latest analysis for Dena Bank An interpretation of DENABANK's beta Dena Bank's beta of 0.94 indicates that the stock value will be less variable compared to the whole stock market. … This means that the change in DENABANK's value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. … Based on this beta value, DENABANK appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

Simply Wall St -

Want To Invest In Dena Bank (NSE:DENABANK)? Here's How It Performed Lately

After looking at Dena Bank's (NSEI:DENABANK) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For Dena Bank, its latest earnings (trailing twelve month) is -₹12.73B, which, in comparison to the prior year's figure, has become more negative. … NSEI:DENABANK Income Statement Apr 27th 18 We can further evaluate Dena Bank's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

Understated Factors To Consider Before Investing In Dena Bank (NSE:DENABANK)

Compared to the appropriate industry loan to deposit level of 90%, Dena Bank’s ratio of over 66.66%is noticeably lower, which means the bank is lending out less than its total level of deposits and places the bank in a relatively safe liquidity position given it has not excessively lent out its deposits and has maintained a suitable level for compliance. … Given the large headroom for growth in loans, the bank has opportunity to grow its interest income.Next Steps: Dena Bank ticks all the boxes for operational prudency in terms of liquidity and leverage. … High liquidity and low leverage places the bank in an ideal position to repay financial liabilities in case of adverse headwinds.

Simply Wall St -

What Are The Drivers Of Dena Bank's (NSE:DENABANK) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Therefore, this is a type of risk which is associated with higher beta. … I examine DENABANK’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

Simply Wall St -

Did Dena Bank's (NSE:DENABANK) Recent Earnings Growth Beat The Trend?

For Dena Bank, its most recent trailing-twelve-month earnings is -₹8,576.2M, which, relative to the prior year's level, has become less negative. … Though Dena Bank's past data is helpful, it is only one aspect of my investment thesis. … The most useful step is to assess company-specific issues Dena Bank may be facing and whether management guidance has regularly been met in the past.

Simply Wall St -

Can Dena Bank (NSE:DENABANK) Survive The Next Financial Crisis?

Today we will be measuring Dena Bank’s financial risk position by looking at three leverage and liquidity metrics. … Relative to the prudent industry loan to deposit level of 90%, Dena Bank’s ratio of over 66.66% is markedly lower, which means the bank is lending out less than its total level of deposits and places the bank in a relatively safe liquidity position given it has not excessively lent out its deposits and has maintained a suitable level for compliance. … High liquidity and low leverage places the bank in an ideal position to repay financial liabilities in case of adverse headwinds.

Simply Wall St -

DENABANK Company Info

Description

Dena Bank provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as savings, current, and bank accounts; deposit and senior citizen schemes; fixed, recurring, and loan linked recurring deposits; minor savings schemes; cash certificates; and online term deposits. The company also provides a range of loans, including consumer durable, gold, housing, professional, senior citizen pensioner’s, personal, vehicle, education, and skill loans; loans for medical practitioners; loan against properties; finance against rent receivables; and trade finance schemes. In addition, it offers application supported by blocked amount, bancassurance, demat, bill and e-payment, e-tax pay, SMS alert, indirect and direct tax collection, e-smart, inbound remittance, Internet and mobile banking, online donation, RTGS/NEFT, tab banking, national pension system, point of sale terminal, and e-unified payments interface services. Further, the company provides gift, ATM, debit, and prepaid cards; and public provident fund and sukanya samriddhi accounts, as well as distributes mutual funds. Additionally, it provides corporate banking services; international banking services, such as trade finance, including export, import, correspondent banking, remittance, and other services; and various banking products and services for the priority, and small and medium enterprises. As of March 31, 2018, the company operated a network of 1,872 branches; and a network of 1,685 ATMs. Dena Bank was founded in 1938 and is headquartered in Mumbai, India.

Details
Name: Dena Bank
DENABANK
Exchange: NSEI
Founded: 1938
₹28,441,393,294
2,259,046,330
Website: http://www.denabank.com
Address: Dena Bank
Dena Corporate Centre,
3rd Floor, C-10, G Block,
Mumbai,
Maharashtra, 400051,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532121 Equity Shares Mumbai Stock Exchange IN INR 22. Jan 1997
NSEI DENABANK Equity Shares National Stock Exchange of India IN INR 22. Jan 1997
Number of employees
Current staff
Staff numbers
13,613
Dena Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 12:47
End of day share price update: 2019/03/07 00:00
Last estimates confirmation: 2016/04/18
Last earnings filing: 2019/01/31
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.