Lakshmi Vilas Bank Ltd.(Amalgmated) share price target and research reports

Name: Latest research reports of Lakshmi Vilas Bank Ltd.(Amalgmated) authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Lakshmi Vilas Bank Ltd.(Amalgmated)
Rating: 1
Author: Chola Wealth Direct

Latest analyst research reports with target prices and PDF download for LAKSHVILAS, BSE:534690 Lakshmi Vilas Bank Ltd.(Amalgmated)

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Lakshmi Vilas Bank Ltd.(Amalgmated)

26 Jun 2019

LVB- 4QFY19 (2)

Not Rated: Lakshmi Vilas Bank Ltd.(Am...

Chola Wealth Direct

Lakshmi Vilas Bank Ltd.(Amalgmated)

05 Feb 2019, 12:00AM

LVB-3QFY19

Sell: Lakshmi Vilas Bank Ltd.(Am...

Recommendation Target

Chola Wealth Direct

Lakshmi Vilas Bank Ltd.(Amalgmated)

30 May 2018

EARNINGS UPDATE- LVB- 4QFY18

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Target

Chola Wealth Direct

Asset quality deteriorated with GNPA increasing sharply 731bps YoY (432bps QoQ) to 9.98% and NNPA increasing by 390bps YoY (139bps QoQ) to 5.66%. In absolute terms, GNPA increased by 88% QoQ to INR 26.9bn and NNPA increased by 37.5% QoQ to INR 14.6bn. The slippages are mainly on account of shifting of some of the restructured accounts to substandard status as well as normal slippages that have happened in the course of the year, which were almost entirely out of the watch list created by the bank. The bank's...

Lakshmi Vilas Bank Ltd.(Amalgmated)

06 Feb 2018, 12:00AM

EARNINGS UPDATE- LVB- 3QFY18

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Target

Chola Wealth Direct

by 245bps YoY(-6bps QoQ) to 4.27%. In absolute terms, GNPA increased by 11.7% QoQ to INR 14.3bn and NNPA increased by 6.8% QoQ to INR 10.6bn. Surge in bad loans was driven by higher slippages of INR 2.9bn, in the quarter (top 3 accounts constitute ~INR 1.8bn).The bank had created a watch-list' in 1QFY18 comprising of ~40 big ticket size accounts(~25% from metals and ~15% from infrastructure industry), slippages were almost entirely...

Lakshmi Vilas Bank Ltd.(Amalgmated)

13 Oct 2017

EARNINGS UPDATE- LAKSHMI VILAS BANK 2QFY18

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Target

Chola Wealth Direct

Operating profit dropped to INR1.8bn (de-growth of 9.9% QoQ), which was largely driven by de-growth in other income. Total non-interest income is noted at INR 1.24bn witnessing a decline of 21.2% QoQ (- 6.1% YoY). Fee based income which stood 51% of other income, is expected to be sustainable over the coming quarters....

Lakshmi Vilas Bank Ltd.(Amalgmated)

31 Jul 2017

LVB EARNINGS 1QFY18

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Target

Chola Wealth Direct

Operating profit stood at INR1.99bn (growth of 58% YoY) which was largely driven by Cost/income improved significantly to 46.9% vs. 52.8% in 1QFY17. PAT grew marginally by 9%YoY to INR 661mn dragged by higher provisioning cost (219% YoY)....

Lakshmi Vilas Bank Ltd.(Amalgmated)

04 May 2017

Result Update:Lak. Vilas Bank

Results Update: Lakshmi Vilas Bank Ltd.(Am...

Axis Direct

Q4FY17 PAT was almost flat at +6% YoY, missing the estimates due to 4x YoY rise in provisions. NII growth (+32% YoY) was healthy and NIM expanded ~38 bps QoQ to 3.1% on improved LDR (up 7.4 ppts QoQ to 78%).

Lakshmi Vilas Bank Ltd.(Amalgmated)

28 Apr 2017

Q4 EARNINGS LAKSHMI VILAS BANK

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Target

Chola Wealth Direct

Lakshmi Vilas Bank Ltd.(Amalgmated)

23 Jan 2017

EARNINGS UPDATE - LAKSHMI VILAS BANK

Neutral: Lakshmi Vilas Bank Ltd.(Am...

Chola Wealth Direct

Deposits grew (15.9%YoY, 4%QoQ) to INR 277.5bn in 3QFY17 supported by growth of CASA by 49.8%YoY due to the impact of demonetization. The current CASA ratio stands at 21.4% as against 17.3% at 2QFY17. Credit to Deposit ratio currently stands at 71% as...

Lakshmi Vilas Bank Ltd.(Amalgmated)

28 Nov 2016

Lakshmi Vilas Bank Ltd

Buy: Lakshmi Vilas Bank Ltd.(Am...

Angel Broking

Lakshmi Vilas Bank (LVB) is a south based private sector bank with major business (50.2%) concentrated in the state of Tamil Nadu. As of FY16, LVB has a network of 460 branches and 910 ATMs, with business size of Rs45,250cr. LVB has beefed up teams with lateral hiring from banks & NBFCs and implemented innovative large scale technolog..

Is Lakshmi Vilas Bank Ltd. worth buying?

174 Votes:

Buy 68.39%

Sell 21.84%

Hold 9.77%