Federal Bank Ltd
FEDERALBNKFederal Bank Ltd
FEDERALBNK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 12.83 | 1.69 | 0.56% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.77 | 2.46 | 0.98% |
Forecast & Ratings
Detailed Forecast from 33 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The Federal Bank Limited is a banking company. The Company operates through four segments: Treasury, Corporate or Wholesale Banking, Retail Banking and other banking operations.
Peers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Kotak Mahindra Bank Ltd
Axis Bank Ltd
Indusind Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 8,634.64 | 9,867.04 | 11,075.12 | 12,970.66 | 15,472.20 | 16,285.73 | 16,502.46 | 20,248.02 | 26,781.96 | 29,821.61 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 24,228.37 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 1,074.21 | 1,189.34 | 1,276.82 | 1,425.66 | 1,875.98 | 2,172.02 | 2,511.66 | 2,440.24 | 3,179.70 | |||||||||||
| Selling & Administrative Expenses | 441.92 | 486.62 | 570.94 | 607.37 | 690.24 | 729.86 | 841.50 | 1,061.89 | 1,256.14 | |||||||||||
| Operating & Other expenses | 6,271.81 | 6,725.20 | 7,709.43 | 8,855.27 | 10,720.29 | 11,060.37 | 10,364.13 | 12,300.77 | 16,851.16 | |||||||||||
EBITDA | 846.70 | 1,465.88 | 1,517.93 | 2,082.36 | 2,185.69 | 2,323.48 | 2,785.17 | 4,445.12 | 5,494.96 | 5,593.24 | ||||||||||
| Depreciation/Amortization | 108.17 | 123.91 | 124.73 | 122.26 | 125.73 | 114.92 | 138.90 | 182.18 | 233.95 | — | ||||||||||
| PBIT | 738.53 | 1,341.97 | 1,393.20 | 1,960.10 | 2,059.96 | 2,208.56 | 2,646.27 | 4,262.94 | 5,261.01 | 5,593.24 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 738.53 | 1,341.97 | 1,393.20 | 1,960.10 | 2,059.96 | 2,208.56 | 2,646.27 | 4,262.94 | 5,261.01 | 5,593.24 | ||||||||||
| Taxes & Other Items | 252.09 | 475.11 | 457.76 | 643.82 | 479.77 | 544.24 | 676.49 | 1,098.22 | 1,380.57 | 1,508.83 | ||||||||||
| Net Income | 486.44 | 866.86 | 935.44 | 1,316.28 | 1,580.19 | 1,664.32 | 1,969.78 | 3,164.72 | 3,880.44 | 4,084.41 | ||||||||||
| EPS | 2.83 | 5.04 | 5.06 | 6.65 | 7.95 | 8.34 | 9.61 | 15.00 | 17.05 | 16.77 | ||||||||||
| DPS | 0.70 | 0.90 | 1.00 | 1.40 | 0.00 | 0.70 | 1.80 | 1.00 | 1.20 | 1.20 | ||||||||||
| Payout ratio | 0.25 | 0.18 | 0.20 | 0.21 | 0.00 | 0.08 | 0.19 | 0.07 | 0.07 | 0.07 |
Company Updates
Annual report
PDFPeers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Federal Bank Ltd | 13.51 | 1.69 | 0.56% |
| HDFC Bank Ltd | 21.30 | 2.90 | 1.09% |
| ICICI Bank Ltd | 20.81 | 3.41 | 0.76% |
| Kotak Mahindra Bank Ltd | 19.47 | 2.73 | 0.11% |
Price Comparison
Compare FEDERALBNK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.19%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Federal Bank Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.0858% | Percentage of the fund’s portfolio invested in the stock 3.42% | Change in the portfolio weight of the stock over the last 3 months 0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/79 (0) |
Nippon India Growth Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5617% | Percentage of the fund’s portfolio invested in the stock 2.40% | Change in the portfolio weight of the stock over the last 3 months 0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/102 (-8) |
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3723% | Percentage of the fund’s portfolio invested in the stock 1.42% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 18/75 (+1) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Federal Bank Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 23, 2024
Dividend/Share
₹1.20
Ex DateEx Date
Aug 23, 2024
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateJul 19, 2022
Dividend/Share
₹1.80
Ex DateEx Date
Jul 19, 2022
Cash Dividend
Ex DateEx DateJul 1, 2021
Dividend/Share
₹0.70
Ex DateEx Date
Jul 1, 2021
Cash Dividend
Ex DateEx DateJul 17, 2019
Dividend/Share
₹1.40
Ex DateEx Date
Jul 17, 2019
Federal Bank Ltd gained for a third straight session today. The stock is quoting at Rs 209.64, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 23339.35. The Sensex is at 77093.76, down 0.62%. Federal Bank Ltd has risen around 10.72% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has risen around 1.61% in last one month and is currently quoting at 50626.5, down 0.39% on the day. The volume in the stock stood at 67.95 lakh shares today, compared to the daily average of 144.19 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 208.75, up 1.27% on the day. Federal Bank Ltd is up 44.13% in last one year as compared to a 17.81% spurt in NIFTY and a 16.07% spurt in the Nifty Bank index.The PE of the stock is 12.74 based on TTM earnings ending September 24.Powered by Capital Market - Live
Federal Bank has allotted 2,05,976 equity shares under ESOS on 11 November 2024. Powered by Capital Market - Live
Federal Bank has allotted 1,75,188 equity shares under ESOP on 04 November 2024. Powered by Capital Market - Live
Federal Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 206.24, up 1.01% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.72% on the day, quoting at 23886.05. The Sensex is at 78452.42, down 1.6%. Federal Bank Ltd has added around 11.97% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 1.27% in last one month and is currently quoting at 51673.9, down 1.07% on the day. The volume in the stock stood at 113.83 lakh shares today, compared to the daily average of 139.49 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 204.9, up 0.09% on the day. Federal Bank Ltd is up 43.12% in last one year as compared to a 23.05% gain in NIFTY and a 17.2% gain in the Nifty Bank index.The PE of the stock is 12.59 based on TTM earnings ending September 24.Powered by Capital Market - Live
Federal Bank has allotted 90,447 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on October 29, 2024. Powered by Capital Market - Live
Total income jumped 21.91% year on year (YoY) to Rs 7,541.23 crore in the quarter ended 30 September 2024. Operating profit before provisions and contingencies stood at Rs 1,407.01 crore in second quarter of 2024, up 9.87% YoY. During the quarter, net interest income grew 15.11% YoY Rs 2,367.23 crore. Net interest margin de-grew to 3.12% in Q2 FY25 from 3.22% in Q2 FY24. Net worth of the Bank increased 19.49% YoY to Rs 31,108.20 Cr, as on 30th September 2024. The Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines stood at 15.20% as at the end of the quarter. Provision Coverage Ratio excluding Technical Write Off was 71.82%. As of 30 September 2024, the gross non-performing assets (GNPA) increased by 10.10% to Rs 4,884.49 crore, up from Rs 4,436.05 crore on 30 September 2023. Similarly, the net non-performing assets (Net NPA) rose by 7.51% to Rs 1,322.29 crore, compared to Rs 1,229.81 crore a year earlier, on 30 September 2023. As of 30 September 2024, the gross non-performing assets (GNPA) ratio stood at 2.09%, a decrease from 2.26% on 30 September 2023. Meanwhile, the net non-performing assets (Net NPA) ratio was 0.57% as of 30 September 2024, down from 0.64% a year earlier. Gross advances recorded a growth of 19.31% YoY to Rs 2,33,820 crore and total deposits climbed 15.56% YoY to Rs 2,32,868 crore as of 30 September 2024. During the year, net advances increased from Rs 1,92,816.69 crore as of 30 September 2023 to Rs 2,30,312.24 crore on 30 September 2024. Retail advances grew by 17.24%, reaching Rs 72,701.75 crore. Business banking advances rose by 19.26% to Rs 19,121.18 crore, while commercial banking advances increased by 24.34% to Rs 24,493.35 crore. Corporate advances recorded a growth of 10.48%, reaching Rs 77,953.84 crore. Additionally, CV/CE advances surged by 43.83% to Rs 3,932.30 crore. The CASA deposits grew 11.48% YoY to Rs 80,926 crore in Q2 FY25 and CASA ratio slipped to 30.07% in Q2 FY25 from 31.17% posted in Q2 FY24. For the quarter, the return on assets (ROA) of the bank stood at 1.28%, while the return on equity (ROE) was 13.65%. On half year basis the bank's standalone net profit increased 14.30% to Rs 2,066.22 crore in H1 FY25 as against Rs 1,807.56 crore posted in H1 FY24. The company's revenue from operation jumped 23.81% YoY to Rs 14,787.29 crore in H1 FY25. KVS Manian, MD & CEO of Federal Bank, stated, Q2 has been robust for the Bank, driven by strong momentum across diverse operational verticals. This is clearly reflected in our consecutive surpassing of the 1000 Crore net profit milestone for two quarters in a row. Our deposits, now upgraded to AAA by CRISIL, signify a sturdy core of the franchise. Business momentum across verticals has been strong and inclusive, and asset quality improvements have been notable. We are committed to sustaining and building on this strong momentum to achieve continued success for the Bank.' Meanwhile, the company's board of directors has approved the key information document for raising funds through the issuance and allotment of non-convertible debentures, with a total amount not exceeding Rs 1,500 crore. Federal Bank operates through four segments: treasury, corporate or wholesale banking, retail banking and other banking operations. The Bank has 1,533 banking outlets and 2,052 ATMs and Cash Recyclers as on 30 September 2024. Powered by Capital Market - Live
Net profit of Federal Bank rose 10.28% to Rs 1096.25 crore in the quarter ended September 2024 as against Rs 994.10 crore during the previous quarter ended September 2023. Total Operating Income rose 20.97% to Rs 7005.66 crore in the quarter ended September 2024 as against Rs 5791.28 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income7005.665791.28 21 OPM %69.3371.31 - PBDT1473.051342.71 10 PBT1473.051342.71 10 NP1096.25994.10 10 Powered by Capital Market - Live
Federal Bank announced that CARE Ratings has reaffirmed the issuer rating and re-affirmed/assigned credit rating to the Tier-II Bonds and Infrastructure Bonds of the Bank at 'CARE AA+; Stable'. Powered by Capital Market - Live
Federal Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
Federal Bank has allotted 1,48,768 equity shares under ESOS on 15 October 2024. Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.6%, vs industry avg of 17.21%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.51% to 2.32%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 24.14%, vs industry avg of 31.67%