Karnataka Bank Ltd
KTKBANKKarnataka Bank Ltd
KTKBANK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to 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 |
|---|---|---|
| 5.63 | 0.70 | 2.75% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.39 | 2.41 | 1.00% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Karnataka Bank Limited is engaged in providing a range of banking and financial services, including retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.
Investor Presentation
View olderPeers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Axis Bank Ltd
Kotak Mahindra 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 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,736.40 | 7,636.61 | 7,175.54 | 8,212.81 | 9,617.48 | 10,119.70 | ||||||
Raw Materials | — | — | — | — | — | 8,460.99 | ||||||
| Power & Fuel Cost | — | — | — | — | — | |||||||
| Employee Cost | 897.00 | 913.31 | 1,016.20 | 1,073.46 | 1,381.76 | |||||||
| Selling & Administrative Expenses | 315.33 | 341.65 | 363.57 | 401.12 | 470.93 | |||||||
| Operating & Other expenses | 5,938.27 | 5,696.32 | 5,028.17 | 5,211.30 | 6,129.94 | |||||||
EBITDA | 585.80 | 685.33 | 767.60 | 1,526.93 | 1,634.85 | 1,658.71 | ||||||
| Depreciation/Amortization | 63.76 | 73.52 | 73.67 | 86.44 | 71.88 | — | ||||||
| PBIT | 522.04 | 611.81 | 693.93 | 1,440.49 | 1,562.97 | 1,658.71 | ||||||
| Interest & Other Items | — | — | — | — | — | — | ||||||
| PBT | 522.04 | 611.81 | 693.93 | 1,440.49 | 1,562.97 | 1,658.71 | ||||||
| Taxes & Other Items | 90.25 | 129.36 | 185.94 | 260.80 | 256.36 | 316.40 | ||||||
| Net Income | 431.79 | 482.45 | 507.99 | 1,179.69 | 1,306.61 | 1,342.31 | ||||||
| EPS | 13.89 | 15.52 | 16.33 | 37.84 | 37.89 | 35.58 | ||||||
| DPS | 0.00 | 1.80 | 4.00 | 5.00 | 5.50 | 5.50 | ||||||
| Payout ratio | 0.00 | 0.12 | 0.24 | 0.13 | 0.15 | 0.15 |
Company Updates
Peers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Karnataka Bank Ltd | 5.78 | 0.70 | 2.75% |
| HDFC Bank Ltd | 20.83 | 2.84 | 1.11% |
| ICICI Bank Ltd | 20.38 | 3.34 | 0.78% |
| Axis Bank Ltd | 13.40 | 2.24 | 0.09% |
Price Comparison
Compare KTKBANK with any stock or ETFShareholdings
Promoter Holdings Trend
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 4.43%
Shareholding Pattern
Feb 2024
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 Karnataka 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) |
|---|---|---|---|---|
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.2891% | Percentage of the fund’s portfolio invested in the stock 1.22% | Change in the portfolio weight of the stock over the last 3 months -0.21% | 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 17/94 (-2) |
Bandhan Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8158% | Percentage of the fund’s portfolio invested in the stock 1.57% | Change in the portfolio weight of the stock over the last 3 months -0.18% | 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 53/193 (-2) |
Franklin India Smaller Companies Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9491% | Percentage of the fund’s portfolio invested in the stock 0.51% | Change in the portfolio weight of the stock over the last 3 months -0.03% | 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 83/103 (-7) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
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 DateSep 3, 2024
Dividend/Share
₹5.50
Ex DateEx Date
Sep 3, 2024
Cash Dividend
Ex DateEx DateAug 22, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Aug 22, 2023
Cash Dividend
Ex DateEx DateAug 18, 2022
Dividend/Share
₹4.00
Ex DateEx Date
Aug 18, 2022
Cash Dividend
Ex DateEx DateAug 18, 2021
Dividend/Share
₹1.80
Ex DateEx Date
Aug 18, 2021
Cash Dividend
Ex DateEx DateJul 29, 2019
Dividend/Share
₹3.50
Ex DateEx Date
Jul 29, 2019
Net profit of Karnataka Bank rose 1.82% to Rs 336.24 crore in the quarter ended September 2024 as against Rs 330.24 crore during the previous quarter ended September 2023. Total Operating Income rose 10.24% to Rs 2234.13 crore in the quarter ended September 2024 as against Rs 2026.59 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income2234.132026.59 10 OPM %69.8266.95 - PBDT429.23402.26 7 PBT429.23402.26 7 NP336.24330.24 2 Powered by Capital Market - Live
Karnataka Bank will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live
Karnataka Bank has gone live in accepting GST payments through UPI. Karnataka Bank is one of the first Banks to extend GST payment through UPI mode. All the GST registered users including Karnataka Bank customers can make GST payment seamlessly under this facility. Karnataka Bank is already accepting GST payments through its branches and on Internet Banking facility on behalf of CBIC. Maximum limit permitted under UPI mode is Rs 1.00 lakh and there is no upper limit in Internet Banking facility for GST payments. Powered by Capital Market - Live
Karnataka Bank partners with ICICI Lombard General Insurance Company
Karnataka Bank announced its strategic partnership with ICICI Lombard General Insurance Company. Through this tie-up, Karnataka Bank customers will have access to a wide range of comprehensive insurance products and services provided by ICICI Lombard. These offerings include health insurance, motor insurance, travel insurance, home insurance, and more, catering to the diverse insurance needs of individuals and businesses alike. Powered by Capital Market - Live
Karnataka Bank gains after Q1 PAT rises 8% to Rs 400 cr
Karnataka Bank announced that the Annual General Meeting (AGM) of the bank will be held on 10 September 2024.Powered by Capital Market - Live
Karnataka Bank Q1 results: Profit up 8% to Rs 400 crore, NII up 11%
Karnataka Bank consolidated net profit rises 8.01% in the June 2024 quarter
Net profit of Karnataka Bank rose 8.01% to Rs 400.43 crore in the quarter ended June 2024 as against Rs 370.73 crore during the previous quarter ended June 2023. Total Operating Income rose 16.30% to Rs 2277.99 crore in the quarter ended June 2024 as against Rs 1958.74 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income2277.991958.74 16 OPM %70.8564.83 - PBDT518.40449.63 15 PBT518.40449.63 15 NP400.43370.73 8 Powered by Capital Market - Live
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