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IDBI Bank Ltd share Price Today

Company details

84.65
86.40
53.25
98.70
6M Return 29.97%
1Y Return 56.30%
Mkt Cap.(Cr) 92,094.32
Volume 4,357,154
Div Yield 1.75%
OI
-
OI Chg %
-
Volume 4,357,154

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IDBI Bank announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Net Profit improved by 44% for Q4FY24 to Rs 1,628 crore as against net profit of Rs 1,133 crore for Q4FY23.
  • Net Interest Income improved by 12% for Q4FY24 to Rs 3,688 crore as against Rs 3,280 crore for Q4FY23.
  • Return on Assets (ROA) improved by 39 bps to 1.82% for Q4FY24 as compared to 1.43% for Q4FY23
  • Cost of Deposit stood at 4.48% for Q4FY24 as compared to 3.71% for Q4FY23.
  • Cost of Funds stood at 4.74% for Q4FY24 as compared to 3.96% for Q4FY23

FY24 Financial Highlights:

  • Net profit at Rs 5,634 crore, YoY growth of 55%.
  • Operating Profit at Rs 9,592 crore, YoY growth of 10%.
  • NIM at 4.93%, YoY growth 41 bps.
  • Cost of Deposit stood at 4.30%.
  • CRAR at 22.26%, YoY growth of 182 bps.
  • Return on Assets (ROA) at 1.65%, YoY growth of 45 bps.
  • Return on Equity (ROE) at 19.50%, YoY growth of 335 bps.
  • Cost to Income Ratio stood at 46.10%.
  • Net NPA at 0.34%, down from 0.92% as on March 31, 2023.
  • Gross NPA at 4.53%, down from 6.38% as on March 31, 2023.
  • PCR stood at 99.09% as against 97.94% on March 31, 2023.

Result PDF

View Other Company Results

IDBI Bank Ltd shares SWOT Analysis

Strengths (17)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth
  • Strong QoQ EPS Growth in recent results

Weakness (0)

Data not found

Opportunity (1)

  • Decrease in Provision in recent results

Threats (1)

  • Increase in NPA in Recent Results

Resistance and support

R1 86.5
R2 87.3
R3 88.2
Pivot

85.57

S1 84.7
S2 83.8
S3 83.0
EMA SMA
86.0
85.7
83.4
77.4
85.9
86.2
86.3
76.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
Name Category Shares
Life Insurance Corporation of India PROMOTER 49.24%
PRESIDENT OF INDIA PROMOTER 45.48%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

IDBI Bank Ltd Stocks COMPARISON

Financials( in Cr) IDBI Bank Ltd HDFC Bank Ltd ICICI Bank Ltd State Bank of India Axis Bank Ltd
Price 85.65 1,672.40 1,170.10 832.70 1,228.10
% Change -0.10 0.40 0.99 -0.43 -0.76
Mcap Cr 92,094.32 1,270,507.40 821,683.54 743,152.44 379,061.66
Revenue TTM Cr 20,591.53 170,754.05 121,066.81 439,188.51 87,448.37
Net Profit TTM Cr 3,727.97 46,148.70 34,463.03 68,138.26 10,852.66
PE TTM 15.94 19.78 18.41 11.12 14.48
1 Year Return 56.30 2.25 26.54 47.03 27.13
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 6.45 17.20 17.66 18.97 8.75
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 46,319.24 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,841.27 9,567.52
LAST 3M 107,380.98 -15,756.42
LAST 6M 182,851.12 -2,333.61
LAST 12M 296,057.08 99,791.83

IDBI Bank Ltd Information

Stock PE (TTM)
15.94
Promoter Holding
94.71%
Book Value
39.8721
ROE
6.45%
Description
  • IDBI Bank is in the Banking sector with a Market Capitalization of worth Rs. 40,966 Cr, it is incorporated in the year 1964. It has reported the consolidated sales of Rs. 4916.13 crores at the end of the June’21 quarter. The company is also listed in the Bombay Stock Exchange (BSE) with the code 500116 and listed in the National Stock Exchange (NSE) with the code IDBI.

    IDBI Bank or Industrial Development Bank of India was established in 1964 to provide credit and financial services to support the development of the Indian industry. Initially, it was a subsidiary of the Reserve Bank of India, and later its ownership was transferred to the Government of India. In 2004, IDBI saw itself getting converted from a mere financial institution to a scheduled commercial bank registered with the RBI. The Life Insurance Corporation of India (LIC) completed the acquisition of 51% of the company in January 2019, after which the RBI classified the IDBI bank as a private sector bank. IDBI Bank is mainly involved in providing banking services to its customers while holding a presence in other associated financial sector businesses such as Capital markets, Investment banking, and mutual funds industry. The promoters of the company currently have 94.71% of the stake in the company, whereas Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 0.10% and 1.30% of the stake, and the balance 3.89%, is owned by others (retail investors).

    In June 2021, quarterly net sales were Rs. 4,916.13 crores, similar to 4,896.43 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 603.3 crores, up by 317.71% from Rs. 144.43 crores in June 2020. In June 2021, the operating profit was Rs. 5,873.57 crores, which is up by approximately 12.47% from Rs. 5,222.15 crores for the quarter ending in June 2020. From Rs. 0.14 in June 2020, the EPS of IDBI Bank has risen to Rs. 0.56 in June 2021 saw a sharp 300% increase in one year. IDBI Bank’s stock closed at Rs. 38.30 on 13th August, 2021 (NSE) and has returned 32.07% in the last six months and -4.25% in the last year.

Registered Address

IDBI Tower WTC Complex 3rd Flr, Cuffe Parade Colaba, Mumbai, Maharashtra, 400005

Tel : 91-22-66553355/22189111
Email : idbiequity:idbi.co.in
Website : http://www.idbi.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500116
NSE Code : IDBI
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE008A01015

FAQ’s on IDBI Bank Ltd Shares

You can buy IDBI Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy IDBI Bank Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2024 03:58 PM the closing price of IDBI Bank Ltd was Rs.85.65.

The latest PE ratio of IDBI Bank Ltd as of Jun 24, 2024 03:58 PM is 15.94

The latest PB ratio of IDBI Bank Ltd as of Jun 24, 2024 03:58 PM is 0.47

The 52-week high of IDBI Bank Ltd share price is Rs. 98.70 while the 52-week low is Rs. 53.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2024 03:58 PM, the market cap of IDBI Bank Ltd stood at Rs. 92,094.32 Cr.

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