Financials Bandhan Bank Limited

Equities

BANDHANBNK

INE545U01014

Banks

Market Closed - NSE India S.E. 07:43:47 2024-05-03 EDT 5-day change 1st Jan Change
187.6 INR -1.65% Intraday chart for Bandhan Bank Limited +1.85% -22.29%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 627,860 328,088 545,832 495,149 315,321 302,218 - -
Enterprise Value (EV) 1 627,860 328,088 545,832 495,149 315,321 302,218 302,218 302,218
P/E ratio 32.2 x 10.9 x 24.8 x 394 x 14.4 x 9.79 x 7.92 x 6.92 x
Yield 0.57% - 0.3% - 0.77% 1.41% 1.71% 1.88%
Capitalization / Revenue 8.15 x 2.64 x 7.02 x 4.29 x 2.69 x 2.44 x 2.09 x 1.81 x
EV / Revenue 8.15 x 2.64 x 7.02 x 4.29 x 2.69 x 2.44 x 2.09 x 1.81 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 5.61 x 2.16 x 3.14 x 2.85 x 1.61 x 1.37 x 1.19 x 1.03 x
Nbr of stocks (in thousands) 1,193,083 1,610,248 1,610,599 1,610,766 1,610,836 1,610,970 - -
Reference price 2 526.2 203.8 338.9 307.4 195.8 187.6 187.6 187.6
Announcement Date 19-05-02 20-05-12 21-05-08 22-05-13 23-05-19 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 77,071 124,347 77,743 115,368 117,282 123,890 144,364 167,026
EBITDA - - - - - - - -
EBIT 1 37,480 54,466 68,553 80,134 70,913 67,103 78,100 90,137
Operating Margin 48.63% 43.8% 88.18% 69.46% 60.46% 54.16% 54.1% 53.97%
Earnings before Tax (EBT) 1 30,131 40,534 29,487 1,286 28,930 40,919 50,551 58,320
Net income 1 19,520 30,237 22,055 1,258 21,946 30,827 38,427 43,905
Net margin 25.33% 24.32% 28.37% 1.09% 18.71% 24.88% 26.62% 26.29%
EPS 2 16.34 18.76 13.69 0.7800 13.62 19.16 23.70 27.10
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 3.000 - 1.000 - 1.500 2.639 3.201 3.519
Announcement Date 19-05-02 20-05-12 21-05-08 22-05-13 23-05-19 - - -
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 2025 Q1
Net sales 1 26,250 25,443 26,474 24,270 28,370 35,042 28,441 26,694 31,137 31,009 28,757 30,181 32,723 32,564 35,242
EBITDA - - - - - - - - - - - - - - -
EBIT 1 19,141 17,295 18,711 15,492 19,501 25,214 18,210 15,529 19,222 17,957 35,946 16,318 17,530 18,317 -
Operating Margin 72.92% 67.98% 70.68% 63.83% 68.74% 71.95% 64.03% 58.17% 61.73% 57.91% 125% 54.07% 53.57% 56.25% -
Earnings before Tax (EBT) 1 8,454 1,352 4,962 -40,287 11,444 25,167 11,790 2,732 3,807 10,609 9,602 9,645 10,305 12,109 -
Net income 1 6,326 1,030 3,731 -30,086 8,590 19,023 8,870 2,093 2,906 8,083 7,211 8,029 8,070 8,493 -
Net margin 24.1% 4.05% 14.09% -123.96% 30.28% 54.29% 31.19% 7.84% 9.33% 26.07% 25.07% 26.6% 24.66% 26.08% -
EPS 2 3.920 0.6400 2.320 -18.68 5.330 11.81 5.500 1.300 1.810 5.020 4.480 4.587 4.930 5.185 -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 21-01-21 21-05-08 21-07-30 21-10-29 22-01-21 22-05-13 22-07-22 22-10-28 23-01-20 23-05-19 23-07-14 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 19% 22.9% 13.2% 0.8% 12% 14.9% 15.8% 15.9%
ROA (Net income/ Total Assets) 4.23% 3.64% 2.1% 0.1% 1.6% 1.87% 1.99% 1.99%
Assets 1 461,466 830,697 1,050,218 1,257,940 1,371,649 1,652,019 1,929,749 2,209,473
Book Value Per Share 2 93.90 94.40 108.0 108.0 122.0 137.0 158.0 182.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 19-05-02 20-05-12 21-05-08 22-05-13 23-05-19 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
21
Last Close Price
187.6 INR
Average target price
222.8 INR
Spread / Average Target
+18.74%
Consensus
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  4. Financials Bandhan Bank Limited