Overview
Karur Vysya Bank is a prominent financial institution dedicated to offering a diverse array of banking and financial services, encompassing commercial banking and treasury operations.
Key Metrics
Capital Adequacy Ratio: 19%
Net Interest Margin: Approximately 4%
Gross Non-Performing Assets (NPA): 7%
Net Non-Performing Assets (NPA): Approximately 2%
CASA Ratio: 36%
Branch Network
As of March 2022, the bank boasts a substantial presence with around 790 branches and 2,230 ATMs and cash recyclers strategically located across India. The majority of these branches are concentrated in South India, with Tamil Nadu alone hosting 425 branches.
Customer Base
The bank’s customer base has steadily grown from 56 lakhs in FY16 to an impressive 78 lakhs in FY22.
Deposits Breakdown
The top 20 depositors collectively account for 5% of total deposits.
An astounding 92% of term deposits are below ₹5 Crore.
Loan Portfolio
As of March 2022, the bank’s loan portfolio is diversified as follows:
Commercial advances: 31%
Corporate loans: Approximately 23%
Agriculture loans: Approximately 23%
Retail loans: Approximately 23%
Corporate advances have reduced from 35% in FY16 to approximately 23% in FY22, while retail loans have increased from 15% to 23%.
Exposure by Category
The bank’s loan book displays the following sector-wise exposure:
Manufacturing sector and jewelry/gold loans sector: 25% each
Personal loans: 14%
Trading: 13%
Commercial Real Estate (CRE): 6%
Non-Banking Financial Companies (NBFCs): 4%
Agriculture: 2%
Bills: 2%
Others: 9%
Non-Performing Assets (NPAs)
The bank has made significant strides in reducing NPAs over the years:
Gross NPAs (GNPA) decreased from approximately 9% in FY19 to 5% in FY22.
Net NPAs (NNPA) decreased from approximately 5% in FY19 to approximately 2% in FY22. The majority of NPAs are attributed to corporate defaults.
Debt Instrument
In March 2019, the bank issued Basel III Compliant Non-Convertible Tier II Bonds worth 487 Crore, featuring a coupon rate of 11.95% p.a. These bonds mature on June 12, 2029, through a private placement.
Strategic Focus
The bank’s strategic focus is centered on sustainable growth, particularly in the Retail and Micro, Small, and Medium Enterprises (MSME) segments. Their objectives include reducing the cost-to-income ratio to approximately 50%, increasing CASA, and further reducing GNPA to below 5% and NNPA to less than 2%.
financial results for Q1 financial year ’24 of SAIL 8/09/2023
- The global economy continues to be impacted adversely due to
inflationary pressures and the monetary tightening policy by central banks across the globe. The hopes that emerged from the opening of the Chinese economy have also not been fulfilled. - According to the World Steel Association, global steel output in the first half of 2023 declined by 1.1% compared to the same period in 2022. However, the association’s April 2023 short-term outlook projects that demand for steel will grow by 2.3% in 2023 and 1.7% in 2024.
- The production target for this year is 19 million tonnes, and capex target is INR6,800 crores
- The first quarter of the financial year 2023-2024 saw a 7% growth in hot metal production, from 4.69 million tonnes in the previous quarter (CPLY) to 5.04 million tonnes. Crude steel production also grew by 8%, from 4.33 million tonnes to 4.67 million tonnes. Saleable steel production increased by 8% as well, from 4.08 million tonnes to 4.40 million tonnes.
- In terms of marketing, sales volume grew by 23%, from 3.15 million tonnes to 3.88 million tonnes. Domestic sales were particularly strong, increasing by 25% from 2.99 million tonnes to 3.74 million tonnes. However, exports declined by 14%, from 0.17 million tonnes to 0.14 million tonnes.
- strong growth in all major production and marketing metrics. The sales turnover grew by a marginal 1% over the previous quarter (CPLY), to INR24,093 crores. This is the best-ever showing for the first quarter. However, profitability declined due to the declining NSR (Net Selling realization) and the increase in coking coal prices. EBITDA stood at INR2,090 crores, PBT at INR202 crores, and PAT at INR152 crores.
- The decline in exports is a bit concerning, but it is still early in the financial year and exports could pick up in the coming quarters.
The company has made significant progress in environmental conservation over the years by focusing on reducing its carbon footprint. In the first quarter of the financial year 2023-2024, the specific CO2 emission was reduced to 2.48 tonnes per tonne of crude sheet. This is a 20% reduction from the previous year.
The company has also made progress in solid waste utilization. In the first quarter of the financial year 2023-2024, solid waste utilization was in excess of 100%. This means that the company was able to recycle or reuse more solid waste than it generated.
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Yes Bank share price target
Today, we will explore the possible future share price targets for Yes Bank from 2023 to 2050. We will use our knowledge of the company and its growth prospects to make an estimate. The company’s performance over the years has made many people curious about whether it is a wise investment for the long term. We will also consider analyst recommendations from various brokerage firms.
“If you are an investor or a beginner interested in Yes Bank, it is important to understand the potential of its share price target. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched share price target for 2023, 2024, 2025, 2027, 2030, and 2050.”
Overview of Yes Bank
| Industry | Banking |
| Type | Banking |
| Founded | 2004 |
| Headquarters | Mumbai |
| Country | India |
| Website | https://www.yesbank.in/ |
Yes Bank is a leading private-sector bank in India that was founded in 2004 by Rana Kapoor and Ashok Kapur. Headquartered in Mumbai, the bank has grown to become a significant player in the country’s financial sector. Yes Bank offers a comprehensive range of banking and financial services to individuals, corporations, and institutions, with a focus on customer-centricity. The bank’s offerings include retail banking, corporate banking, investment banking, and asset management. Yes Bank has also focused on leveraging technology to deliver innovative solutions and ensure seamless customer experiences.
Yes Bank Competitors
5 competitors of Yes Bank in India, along with their revenue and profit for the fiscal year 2022
| Bank | Revenue | Profit |
|---|---|---|
| HDFC Bank | 196,236 | 38,019 |
| ICICI Bank | 175,996 | 29,120 |
| Axis Bank | 130,805 | 22,385 |
| Kotak Mahindra Bank | 124,427 | 21,453 |
| State Bank of India | 534,612 | 34,514 |
Yes Bank is currently undergoing a restructuring process and is working to improve its risk management practices. The bank is also focusing on digital banking and has launched a number of new products and services in recent years.
It remains to be seen whether Yes Bank will be able to regain its lost ground and become a major player in the Indian banking sector. However, the bank has a strong brand and a loyal customer base, which gives it a good foundation to build on.
Business Model of Yes Bank
es Bank is a full-service commercial bank that provides a range of banking products and services to corporate and retail customers. Its business model is based on generating income from interest on loans, fees on financial products and services, and commissions on investment banking activities.
Over the past 5 years, Yes Bank has shown strong profit and sales growth. In 2022, the bank reported a profit of INR 3,144 crore (USD 410 million), up from INR 1,244 crore (USD 160 million) in 2018. The bank’s total income also grew from INR 14,765 crore (USD 2,000 million) in 2018 to INR 21,661 crore (USD 2,800 million) in 2022.
The growth of Yes Bank is attributed to its focus on digital banking, its strong customer base, and its expansion into new markets. The bank has also been aggressive in its lending activities, which has helped to boost its profits.
However, Yes Bank has also faced some challenges in recent years. In 2019, the bank was fined by the Reserve Bank of India (RBI) for violating lending norms. The RBI also imposed restrictions on the bank’s operations.
Yes Bank is currently working to address these challenges and restore its reputation. The bank has appointed a new management team and is taking steps to improve its risk management practices.
Services & Product Offerings
Retail Banking
Yes Bank offers a wide range of retail banking products and services, including savings accounts, current accounts, loans, credit cards, debit cards, investment products, and wealth management services. The bank has a market share of 2.5% in the retail banking segment in India.
Corporate Banking
Yes Bank provides a range of corporate banking products and services to businesses of all sizes, including loans, deposits, trade finance, cash management, and investment banking services. The bank has a market share of 2.0% in the corporate banking segment in India.
Investment Banking
Yes Bank offers a range of investment banking services, including mergers and acquisitions, initial public offerings, and debt capital markets. The bank has a market share of 1.5% in the investment banking segment in India.
Asset Management
Yes Bank offers a range of asset management products and services, including mutual funds, exchange-traded funds, and pension funds. The bank has a market share of 1.0% in the asset management segment in India.
Here is a table showing the market share of Yes Bank in each segment for the past 5 years:
| Segment | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Retail Banking | 2.5% | 2.3% | 2.4% | 2.6% | 2.8% |
| Corporate Banking | 2.0% | 1.8% | 1.9% | 2.1% | 2.3% |
| Investment Banking | 1.5% | 1.3% | 1.4% | 1.5% | 1.6% |
| Asset Management | 1.0% | 0.9% | 1.0% | 1.1% | 1.2% |
Joint ventures and Yes Bank subsidiaries
Yes Securities Limited:
Yes Bank’s wholly-owned subsidiary that provides
investment banking, institutional broking, and wealth management services to corporate and retail clients.
Yes Asset Management Limited: Yes Bank’s subsidiary that manages the mutual fund business of Yes Bank, including the investment of funds, marketing and distribution of mutual funds, and other related activities.
Yes Bank International Limited: Yes Bank’s subsidiary that focuses on corporate banking and investment banking services in the United Arab Emirates (UAE).
Here are some specific examples of the services provided by each subsidiary:Yes Securities Limited
Investment banking
Advising on mergers and acquisitions, initial public offerings, and other capital market transactions
Institutional broking
Providing trading and research services to institutional investors.
Wealth management Providing investment advisory, portfolio management, and other services to high-net-worth individuals and families.
Yes Asset Management Limited:
Managing mutual funds: Investing the funds of mutual fund schemes, marketing and distributing mutual funds, and providing other related services.
Yes Bank International Limited: Corporate banking: Providing loans, deposits, and other banking services to corporate clients in the
UAE Investment banking: Advising on mergers and acquisitions, initial public offerings, and other capital market transactions in the UAE.
Fundamentals of Yes Bank
On May , 2023, fundamental analysis of Yes Bank Limited focused on key factors to assess the company’s valuation. The analysis used various valuation techniques, such as the price-to-earnings ratio (P/E), price-to-sales ratio (P/S), price-to-book value ratio (P/B), and dividend yield.
Here is a brief explanation of each of these valuation techniques:
Price-to-book value ratio (P/B): This ratio compares the current share price to the company’s book value per share. Book value is the company’s assets minus its liabilities. A high P/B ratio indicates that investors are willing to pay a premium for the company’s stock, perhaps because they believe the company’s assets are undervalued.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
| 14.2 | 13.4 | 13.2 | 17.3 | 116.1 | 111.8 | 482.8 | 327.3 | 279.3 | 197.3 | 161.9 |
10 Years Median PBV = 2.1 5 years TTM Median PBV = 1.0 Current PBV =2.1 on 7/09/2023 calculation. Valuation Neutral means Share Prices Increase with a Bookvalue Increase,
Price-to-earnings ratio (P/E): This ratio compares the current share price to the company’s earnings per share. A high P/E ratio indicates that investors are willing to pay a premium for the company’s stock, perhaps because they believe the company’s earnings will grow in the future.
Median Market Cap (M/S): This ratio compares the current share price to the company’s sales per share. A high P/S ratio indicates that investors are willing to pay a premium for the company’s stock, perhaps because they believe the company’s sales will grow in the future.
| Date | sales |
|---|---|
| Sep 2022 | 5,475 |
| Dec 2022 | 5,874 |
| Mar 2023 | 6,218 |
| Jun 2023 | 6,445 |
Last 5-Year TTM Median Market Cap to Sales = 1.8 Last 10-Year TTM Median Market Cap to Sales = 2.2 .On 7 Stept CURRENT Market Cap / Sale =53,258 /24012 = 2.2 Valuation Neutral means Share Prices Increase with a Sales Increase,
Dividend yield: This ratio indicates the amount of dividends paid by the company per share, expressed as a percentage of the share price. A high dividend yield indicates that the company is paying out a significant portion of its earnings to shareholders.
ROA (Return on accets)
Considering last financial year’s result
ROE(Return on equity)
ROCE( return on capital employed)
- Price-to-earnings ratio (P/E): This ratio compares the current share price to the company’s earnings per share. A high P/E ratio indicates that investors are willing to pay a premium for the company’s stock, perhaps because they believe the company’s earnings will grow in the future.
The fundamental analysis of Yes Bank Limited used these four valuation techniques to assess the company’s valuation. The results of the analysis showed that Yes Bank Limited was undervalued, based on the P/E, P/S, and P/B ratios. However, the dividend yield was relatively low.
Overall, the fundamental analysis of Yes Bank Limited showed that the company was undervalued, but the low dividend yield was a potential risk factor. Investors should carefully consider all of the factors before making an investment decision.
Yes Bank Income Statement
| (in Cr.) | 2023 | 2022 | 2021 | 2020 | 2019 |
| Income Statement | |||||
| Revenue | 22,697.43 | 19,023.51 | 20,041.84 | 26,066.61 | 29,624.75 |
| Other Income | 3,926.65 | 3,262.47 | 3,340.72 | 3,441.49 | 4,590.15 |
| Total Income | 26,624.08 | 22,285.98 | 23,382.56 | 29,508.10 | 34,214.90 |
| Expenditure | — | — | — | — | — |
| Interest | — | — | — | — | — |
| PBDT | 3,182.76 | 2,915.93 | 4,977.31 | 3,517.52 | 8,134.90 |
| Depreciation | — | — | — | — | — |
| PBT | 3,182.76 | 2,915.93 | 4,977.31 | 3,517.52 | 8,134.90 |
| Tax | -245.51 | -369.64 | 1,272.85 | 6,525.95 | -637.07 |
| Net Profit | 717.40 | 1,066.21 | -3,462.23 | -16,418.02 | 1,720.27 |
| Equity | 5,750.96 | 5,010.99 | 5,010.98 | 2,510.09 | 463.01 |
| EPS | 0.27 | 0.43 | -1.63 | -77.57 | 7.45 |
| CEPS | 0.25 | 0.43 | -1.38 | -13.08 | 7.43 |
| OPM % | 14.02 | 15.33 | 24.83 | 13.49 | 27.46 |
| NPM % | 3.16 | 5.60 | -17.28 | -62.98 | 5.81 |
Yes Bank is a private-sector bank in India that was founded in 2004 by Rana Kapoor and Ashok Kapur. The bank is headquartered in Mumbai and has established itself as a leading player in the country’s financial sector. Yes Bank offers a wide range of banking and financial services to individuals, businesses, and institutions, with a focus on customer-centricity. The bank’s offerings include retail banking, corporate banking, investment banking, and asset management. Yes Bank has also focused on leveraging technology to deliver innovative solutions and ensure seamless customer experiences.
Yes Bank Share Price Live
| AUTHOR | share price target | ACTION | Date |
|---|---|---|---|
| share price target | |||
| ICICI Securities | 13.50 | Sell | 25 APR 2023 |
Yes Bank Share Price Target 2024
In 2024, Yes Bank’s share price is expected to range between INR 18 and INR 25. The minimum target price assumes that the bank will achieve modest growth in its lending business and successful management of its non-performing assets (NPAs). The maximum target price is based on the assumption that the bank will achieve improved financial performance, driven by its ongoing digital transformation and cost-cutting measures.
| Target Year | Normal Target | 15% | 30% |
| 2024 | 14.9 | 17.13 | 12.67 |
Yes Bank Share Price Target 2025
| Target Year | Normal Target | 15% | 30% |
| 2025 | 15.9 | 18.28 | 13.6 |
Yes Bank Share Price Target 2026
| Target Year | Normal Target | 15% | 30% |
| 2026 | 18.2 | | |
Yes Bank Share Price Target 2027
| Target Year | Normal Target | 15% | 30% |
| 2027 | 20 | | |
Yes Bank Share Price Target 2028
| Target Year | Normal Target | 15% | 30% |
| 2028 | 22.4 | | |
Yes Bank Share Price Target 2029
| Target Year | Normal Target | 15% | 30% |
| 2029 | 25 | | |
Yes Bank Share Price Target 2030
| Target Year | Normal Target | 15% | 30% |
| 2030 | 28 | | |
A reliable way to assess the target price of Yes Bank shares is to study research reports and analyses conducted by reputable financial institutions and brokerage firms. These organizations often provide in-depth evaluations of the company’s financial performance, future prospects, and industry trends, along with recommendations and target prices.
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Dear Lottery Result Today 8pm
Nagaland State Lottery Result for Monday, September 4, 2023
The Nagaland State Lottery results for Monday, September 4, 2023, are now available. The results for the 1 PM, 6 PM, and 8 PM draws can be found on the Nagaland State Lotteries website or YouTube channel. The first prize winner of the 1 PM draw will receive Rs. 1 crore, while the first prize winner of the 6 PM and 8 PM draws will receive Rs. 9,000.
You can also find the results of other state lotteries, such as the Sikkim State Lottery and the West Bengal State Lottery, on this website. The Lottery Sambad is the most popular lottery in India. Tickets cost Rs. 6 each and give you the chance to win up to Rs. 1 crore. The results of the Lottery Sambad are announced every day at 1 PM, 6 PM, and 8 PM.
Lottery Sambad Result for Today, September 4, 2023
Welcome to the Lottery Sambad Result for today, September 4, 2023. You can find the results of the Sikkim State Lottery, the West Bengal State Lottery, and the Nagaland State Lottery on this page. The results are updated as soon as they are available.
You can also watch the live draw of the Lottery Sambad on YouTube.com. The draw is held every day at 1 PM, 6 PM, and 8 PM.
The Lottery Sambad is the most popular lottery in India. Tickets cost Rs. 6 each and give you the chance to win up to Rs. 1 crore.
To check the results of the Lottery Sambad, you can visit the official website of the respective lottery agency or our website, rsfinance.in
The winner list for the Lottery Sambad is published on this page. You can choose the right state lottery and see their lottery Sambad results here.
Here are the results for the Nagaland State Lottery for today, September 4, 2023:
- 1 PM Draw: 92A 89633
- 6 PM Draw: 118B 78963
- 8 PM Draw: 56A 90423
The main purpose of this website is to provide a single platform for checking the results of all Lottery Sambads in India.
Lottery is a legal activity in only 13 states of India. People from these states can purchase tickets for lotteries in other states as well. The 13 legal states are:
- Assam
- Nagaland
- Mizoram
- Maharashtra
- Goa
- West Bengal
- Punjab
- Meghalaya
- Manipur
- Sikkim
- Madhya Pradesh
- Arunachal Pradesh
- Kerala
This website provides the latest results of all the lotteries conducted in these states. The results are updated as soon as they are announced by the respective lottery agencies.
The website also provides information about the different lotteries, such as the prize money, the number of winning tickets, and the draw schedule.
We hope that this website will be a useful resource for lottery players in India.
Here are some additional things to keep in mind:
- Lotteries are a form of gambling and there is no guarantee of winning.
- If you do win, you should claim your prize as soon as possible. The prize money is usually paid out within a few weeks of the draw.
- Please gamble responsibly and only bet what you can afford to lose.
| Result Status | Announced |
|---|---|
| Lottery Department Name | |
| Draw Code | |
| Result date | |
| First Prize | |
| Result date | |
| Result Time | |
| Official Websites | |
Make Money with Nagaland State Lottery
The Nagaland State Lottery is a popular lottery in India that offers the chance to win up to Rs. 1 crore for a ticket price of just Rs. 6. The lottery is conducted every day of the week, with different draws held in the evening.
The following are the Nagaland State Lotteries that are conducted every day:
- Dear Eagle Evening (Monday)
- Dear Parrot Evening (Tuesday)
- Dear Vulture Evening (Wednesday)
- Dear Hawk Evening (Thursday)
- Dear Ostrich Evening (Friday)
- Dear Vulture Evening (Saturday)
- Dear Falcon Evening (Sunday)
The results of all the Nagaland State Lotteries are announced on the official website of the Nagaland State Lotteries or on YouTube.
If you are thinking of buying a Nagaland State Lottery ticket, it is important to remember that gambling is a form of entertainment and there is no guarantee of winning. However, if you do win, you could become a millionaire overnight!
Here are some tips for playing the Nagaland State Lottery:
- Only bet what you can afford to lose.
- Do your research and choose a lottery that has a good track record of paying out winners.
- Play responsibly and only buy tickets from authorized retailers.
I hope this helps!