RBL Bank Ltd.

NSE: RBLBANK | BSE: 540065 | ISIN: INE976G01028 |Industry: Banks
|Expensive Performer
338.55 -26.95 (-7.37%)
NSE Dec 06, 2019 15:31
Volume: 24.0M
 
Durability score
55 /100
Medium Financial Strength
Valuation score
21 /100
Expensive Valuation
Momentum score
35.0 /100
Technically Neutral
Market Capitalizati...
14,577.6 Cr.
Above industry median.
AVG Broker Target
418.4
23.59% upside
PE TTM Price to Ear...
18.4
Above industry median.

Peer Group

StockCurrent Price RsPE TTM Price to EarningsMarket Capitalization in CrDividend yield 1yr %Net Profit Qtr CrNet Profit Annual Growth YoY %Operating Revenues Qtr CrRevenue Growth Qtr YoYPrice to Book Value
RBL Bank Ltd. 338.5518.3714577.620.8054.3136.512126.1545.291.93
HDFC Bank Ltd.
Market Leader
1246.0529.15681689.030.806344.9920.5428166.2816.394.57
ICICI Bank Ltd.
Market Runner Up
524.8066.00339060.160.19654.96-50.3718565.3022.903.22
Kotak Mahindra Bank .. 1674.3039.06319794.650.072399.0815.828418.7515.565.53
State Bank of India 320.0021.31285587.200.003645.83173.2967356.249.651.36
Axis Bank Ltd. 717.6045.52202302.200.14-112.081596.3815437.8016.243.03
IndusInd Bank Ltd. 1465.8524.41101580.470.511383.37-8.467150.3631.493.85
Bandhan Bank Ltd. 562.5532.8590574.270.53971.8045.032690.2767.558.09

Quarterly Results

All values except ratios in INR(Crores)
IndicatorSep-2019Jun-2019Mar-2019Dec-2018Sep-2018Jun-2018Mar-2018Dec-2017Sep-2017Graph
Total Revenue Qtr cr 2,567.7 2,503.9 2,243.3 2,013.0 1,796.5 1,690.2 1,534.7 1,409.0 1,332.4
Operating Expenses Qtr Cr 674.4 679.7 588.0 530.7 477.0 446.4 429.3 392.1 358.1
Operating Profit Qtr Cr 194.3 137.6 150.8 124.4 115.9 106.3 71.1 75.2 62.1
Operating Profit Margin Qtr % 9.14% 6.8% 8.22% 7.59% 7.92% 7.8% 5.82% 6.54% 5.69%
Depreciation Qtr Cr 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest Qtr Cr 1,257.5 1,205.3 1,095.4 983.9 870.5 811.5 722.3 683.5 671.1
Profit Before Tax Qtr Cr 102.5 405.6 360.0 337.8 309.4 292.0 270.2 251.1 228.3
Tax Qtr Cr 48.2 138.6 112.8 112.6 104.8 101.9 92.1 85.8 77.6
Net Profit Qtr Cr 54.3 267.1 247.2 225.2 204.5 190.0 178.1 165.3 150.6
Basic EPS Qtr Rs 1.3 6.3 5.8 5.3 4.8 4.5 4.3 4.0 3.8
Net profit TTM Cr 793.7 944.0 867.0 797.9 738.0 684.1 635.1 587.1 550.5
Basic EPS TTM Rs 18.4 22.1 20.3 18.6 17.1 16.3 15.1 14.1 13.2
Quarterly Operating Revenues Qtr Cr Analysis
Operating Revenues Qtr Cr growth is lower than historical averages.
Quarterly Net Profit Qtr Cr Analysis
Net Profit Qtr Cr growth is lower than historical averages.
IndicatorSep-2019Jun-2019Mar-2019Dec-2018Sep-2018Jun-2018Graph
Total Revenue Qtr cr 2,633.7 2,566.9 2,243.7 2,013.0 1,796.2 1,690.1
Operating Expenses Qtr Cr 741.3 744.3 603.6 534.3 468.9 437.1
Operating Profit Qtr Cr 191.7 133.6 135.5 121.4 124.6 116.1
Operating Profit Margin Qtr % 8.75% 6.41% 7.38% 7.41% 8.51% 8.51%
Depreciation Qtr Cr 0.0 0.0 0.0 0.0 0.0 0.0
Interest Qtr Cr 1,257.5 1,205.3 1,095.4 983.8 870.2 811.3
Profit Before Tax Qtr Cr 101.6 404.1 344.7 334.4 317.4 301.4
Tax Qtr Cr 48.2 138.7 117.1 112.6 104.8 101.9
Net Profit Qtr Cr 53.4 265.4 227.6 221.8 212.6 199.4
Basic EPS Qtr Rs 1.2 6.2 5.3 0.0 5.0 4.7
Net profit TTM Cr 768.2 927.4 861.4
Basic EPS TTM Rs 17.8 21.7 20.2 14.9 9.7 4.7
Quarterly Operating Revenues Qtr Cr Analysis
Quarterly Net Profit Qtr Cr Analysis

Annual Results

All values except ratios in INR(Crores)
IndicatorTTMMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Total Revenue Annual Cr 9,327.9 7,743.1 5,575.8 4,468.6 3,234.8 2,356.5 1,612.6 1,005.8 532.2 207.8
Operating Expenses Annual Cr 2,472.8 2,042.0 1,503.4 1,056.4 767.3 599.7 423.9 224.4 140.0 94.5
Operating Profit Annual in Cr 607.0 4,380.6 3,091.1 2,718.3 2,025.3 1,386.6 948.7 668.2 332.9 96.2
Operating Profit Margin Annual % 56.57% 55.44% 60.83% 62.61% 58.84% 58.83% 66.44% 62.55% 46.32%
Total Expenses Annual Cr 6,876.1 4,940.7 4,022.6 2,942.4 2,149.3 1,519.9 912.9 467.1 195.4
EBIDT Annual Cr 2,061.7 1,418.0 981.9 590.8 393.3 199.6 172.9 121.7 20.8
EBIDT margin Annual % 26.63% 25.43% 21.97% 18.26% 16.69% 12.38% 17.19% 22.87% 10.01%
Depreciation Cr 0.0 121.9 87.0 61.5 48.4 33.2 20.9 13.2 7.8 1.5
PAT Before ExtraOrdinary Items Annual Cr 867.0 635.1 446.0 292.5 207.2 92.7 92.9 65.1 12.3
Net Profit Annual Cr 793.7 867.0 635.1 446.0 292.5 207.2 92.7 92.9 65.1 12.3
Basic EPS Annual Rs 20.5 15.8 12.6 9.6 7.2 3.6 4.2 3.0 1.0
Annual Total Revenue Annual Cr Analysis
Total Revenue Annual Cr growth is stable compared to historical averages.
Average Total Revenue Annual Cr
1 Year:
7,743.08 Cr
3 Years:
5,929.15 Cr
5 Years:
4,675.76 Cr
7 Years:
3,713.88 Cr
Annual Net Profit Annual Cr Analysis
Net Profit Annual Cr growth is lower than historical averages.
Average Net Profit Annual Cr
1 Year:
866.95 Cr
3 Years:
649.36 Cr
5 Years:
489.55 Cr
7 Years:
376.18 Cr
Annual ROE Annual % Analysis
ROE Annual % is growing faster than historical averages.
Average ROE Annual %
1 Year:
11.48 %
3 Years:
10.42 %
5 Years:
10.07 %
7 Years:
8.72 %
IndicatorTTMMar-2019Mar-2018Mar-2017Graph
Total Revenue Annual Cr 9,457.2 7,743.1 5,630.3 4,468.6
Operating Expenses Annual Cr 2,623.4 2,043.9 1,548.1 1,056.4
Operating Profit Annual in Cr 582.3 4,384.0 3,102.1 2,718.3
Operating Profit Margin Annual % 56.62% 55.1% 60.83%
Total Expenses Annual Cr 6,881.7 4,991.1 4,022.6
EBIDT Annual Cr 2,064.3 1,430.0 981.9
EBIDT margin Annual % 26.66% 25.4% 21.97%
Depreciation Cr 0.0 125.8 88.7 61.5
PAT Before ExtraOrdinary Items Annual Cr 861.4 639.2 446.0
Net Profit Annual Cr 768.2 861.4 639.2 446.0
Basic EPS Annual Rs 20.3 15.7 12.6
Annual Total Revenue Annual Cr Analysis
Average Total Revenue Annual Cr
1 Year:
7,743.06 Cr
3 Years:
5,947.33 Cr
5 Years:
None Cr
7 Years:
None Cr
Annual Net Profit Annual Cr Analysis
Average Net Profit Annual Cr
1 Year:
861.36 Cr
3 Years:
648.87 Cr
5 Years:
None Cr
7 Years:
None Cr
Annual ROE Annual % Analysis
Average ROE Annual %
1 Year:
11.38 %
3 Years:
10.38 %
5 Years:
- %
7 Years:
- %

Financial Ratios

All values except ratios in INR(Crores)
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Book Value Per Share Annual Rs 176.9 159.2 115.5 92.0 76.0 69.3 63.5 53.1 50.4
RoA Annual % 1.07% 1.02% 0.91% 0.74% 0.76% 0.5% 0.71% 0.9% 0.38%
ROE Annual % 11.48% 9.5% 10.29% 9.78% 9.29% 4.91% 5.78% 5.69% 1.13%
ROCE Annual % 7.33% 6.8% 7.28% 6.52% 6.68% 6.79% 6.16% 5.54% 3.61%
Profitability Ratio
Liquidity Ratio
Valuation Ratio
Total Debt to Total Equity Annual 1.6 1.4 1.8 3.5 3.1 2.1 1.7 1.0 0.0
Annual Book Value Per Share Annual Rs Analysis
Book Value Per Share Annual Rs growth is lower than historical averages.
Average Book Value Per Share Annual Rs
1 Year:
176.85 Rs
3 Years:
150.54 Rs
5 Years:
123.92 Rs
7 Years:
107.48 Rs
Annual RoA Annual % Analysis
RoA Annual % is stable compared to historical averages.
Average RoA Annual %
1 Year:
1.07 %
3 Years:
1.0 %
5 Years:
0.9 %
7 Years:
0.82 %
IndicatorMar-2019Mar-2018Mar-2017Graph
Book Value Per Share Annual Rs 176.6 159.2 115.5
RoA Annual % 1.06% 1.02% 0.91%
ROE Annual % 11.38% 9.45% 10.3%
ROCE Annual % 7.33% 6.82% 7.27%
Profitability Ratio
Liquidity Ratio
Valuation Ratio
Total Debt to Total Equity Annual 1.6 1.4 1.8
Annual Book Value Per Share Annual Rs Analysis
Average Book Value Per Share Annual Rs
1 Year:
176.56 Rs
3 Years:
150.42 Rs
5 Years:
- Rs
7 Years:
- Rs
Annual RoA Annual % Analysis
Average RoA Annual %
1 Year:
1.06 %
3 Years:
1.0 %
5 Years:
- %
7 Years:
- %

Balance Sheet

All values except ratios in INR(Crores)
IndicatorMar-2019Mar-2018Mar-2017Mar-2016Mar-2015Mar-2014Mar-2013Mar-2012Mar-2011Graph
Total ShareHolders Funds Annual Cr 7,547.3 6,684.0 4,335.6 2,988.2 2,229.4 1,884.2 1,605.7 1,142.2 1,085.0
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr
Total Current Liabilities Annual Cr 2,585.0 2,003.1 1,771.3 1,287.0 812.3 689.2 278.7 127.2 94.9
Total Capital Plus Liabilities Annual Cr 80,358.8 61,850.8 48,674.8 39,160.1 27,103.6 18,197.1 12,962.3 7,207.3 3,229.7
Fixed Assets Annual Cr 402.5 334.0 258.7 176.3 163.4 133.3 93.2 57.8 43.4
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr 63,116.0 46,069.3 34,934.4 24,547.8 17,147.9 11,586.8 7,353.1 4,884.8 2,293.8
Total Assets Annual Cr 80,358.8 61,850.8 48,674.8 39,160.1 27,103.6 18,197.1 12,962.3 7,207.3 3,229.7
Contingent Liabilities plus Commitments Annual Cr 61,302.6 51,395.9 41,904.5 29,718.2 21,970.2 12,074.8 6,348.2 574.9 97.3
Bonus Equity Share Capital Annual Cr 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Non Current Investments Unquoted BookValue Annual Cr
Current Investments Unquoted BookValue Annual Cr
Annual Long Term Debt To Equity Annual Analysis
Long Term Debt To Equity Annual growth is higher than historical averages.
Average Long Term Debt To Equity Annual
1 Year:
1.57
3 Years:
1.6
5 Years:
2.29
7 Years:
2.17
Annual Total Assets Annual Cr Analysis
Total Assets Annual Cr growth is stable compared to historical averages.
Average Total Assets Annual Cr
1 Year:
80,358.82 Cr
3 Years:
63,628.12 Cr
5 Years:
51,429.62 Cr
7 Years:
41,186.78 Cr
IndicatorMar-2019Mar-2018Mar-2017Graph
Total ShareHolders Funds Annual Cr 7,534.8 6,680.6 4,336.3
Minority Interest Liability Annual Cr 0.0 18.8 0.0
Total Non Current Liabilities Annual Cr
Total Current Liabilities Annual Cr 2,673.3 2,033.4 1,771.3
Total Capital Plus Liabilities Annual Cr 80,397.8 61,877.3 48,675.5
Fixed Assets Annual Cr 456.2 357.9 258.7
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr 63,196.4 46,122.3 34,934.4