Financials The Federal Bank Limited

Equities

FEDERALBNK

INE171A01029

Banks

Delayed NSE India S.E. 04:20:16 2024-05-21 am EDT 5-day change 1st Jan Change
164.5 INR +0.40% Intraday chart for The Federal Bank Limited +0.40% +5.38%

Valuation

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 191,466 81,798 151,309 204,689 279,842 399,735 - -
Enterprise Value (EV) 1 191,466 81,798 151,309 204,689 279,842 365,790 379,055 375,126
P/E ratio 15.5 x 5.33 x 9.55 x 10.8 x 9.36 x 9.46 x 9.72 x 8.42 x
Yield 1.45% - 0.92% 1.85% 0.76% 1.35% 1.23% 1.44%
Capitalization / Revenue 3.46 x 1.24 x 2.02 x 2.54 x 2.93 x 3.22 x 3.01 x 2.56 x
EV / Revenue 3.46 x 1.24 x 2.02 x 2.54 x 2.93 x 3.22 x 3.01 x 2.56 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.44 x 0.56 x 0.94 x 1.1 x 1.3 x 1.39 x 1.22 x 1.08 x
Nbr of stocks (in thousands) 1,985,127 1,992,654 1,996,158 2,101,528 2,115,207 2,439,638 - -
Reference price 2 96.45 41.05 75.80 97.40 132.3 163.8 163.8 163.8
Announcement Date 5/4/19 5/28/20 5/17/21 5/6/22 5/5/23 5/2/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 55,274 65,803 74,786 80,510 95,621 113,728 132,676 155,875
EBITDA - - - - - - - -
EBIT 1 27,631 32,047 37,869 37,578 47,944 51,745 62,928 75,587
Operating Margin 49.99% 48.7% 50.64% 46.68% 50.14% 45.5% 47.43% 48.49%
Earnings before Tax (EBT) 1 19,072 20,325 21,373 25,361 40,445 49,784 54,747 63,306
Net income 1 12,439 15,428 15,903 18,898 30,106 37,206 40,942 47,309
Net margin 22.5% 23.45% 21.26% 23.47% 31.48% 32.72% 30.86% 30.35%
EPS 2 6.240 7.700 7.940 9.060 14.13 15.87 16.86 19.47
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.400 - 0.7000 1.800 1.000 2.208 2.010 2.362
Announcement Date 5/4/19 5/28/20 5/17/21 5/6/22 5/5/23 5/2/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 19,189 18,858 20,686 19,238 20,231 19,902 20,571 23,714 24,905 26,432 26,510 27,503 29,181 30,138
EBITDA - - - - - - - - - - - - - -
EBIT 1 9,629 8,851 11,352 8,648 9,143 7,982 9,734 12,122 12,742 13,346 13,024 13,357 13,731 13,771
Operating Margin 50.18% 46.94% 54.88% 44.95% 45.19% 40.11% 47.32% 51.12% 51.16% 50.49% 49.13% 48.57% 47.06% 45.69%
Earnings before Tax (EBT) 1 5,423 6,428 4,934 6,195 7,003 7,230 8,067 9,444 10,755 12,179 11,468 11,413 12,439 12,456
Net income 1 4,041 4,778 3,673 4,603 5,217 5,405 6,007 7,037 8,036 9,026 8,537 8,574 9,262 9,433
Net margin 21.06% 25.34% 17.76% 23.92% 25.79% 27.16% 29.2% 29.68% 32.27% 34.15% 32.2% 31.18% 31.74% 31.3%
EPS 2 2.020 2.380 1.830 2.200 2.460 2.550 2.830 3.310 3.750 4.210 3.980 3.934 3.879 4.007
Dividend per Share - 0.7000 - - - - - - - - - - - -
Announcement Date 1/20/21 5/17/21 7/23/21 10/22/21 1/25/22 5/6/22 7/15/22 10/14/22 1/16/23 5/5/23 7/13/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - 20,680 24,609
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.76% 11.1% 10.4% 10.9% 14.6% 15% 13.3% 13.7%
ROA (Net income/ Total Assets) 0.88% 0.94% 0.85% 0.94% 1.28% 1.32% 1.24% 1.24%
Assets 1 1,413,511 1,641,255 1,870,941 2,010,447 2,352,023 2,832,758 3,311,801 3,801,354
Book Value Per Share 2 66.90 72.90 80.80 88.80 102.0 118.0 134.0 151.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 5/4/19 5/28/20 5/17/21 5/6/22 5/5/23 5/2/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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