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Karnataka Bank Ltd share price logo

Karnataka Bank Ltd

(KTKBANK)

₹208.61.96%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Karnataka Bank Ltd Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Karnataka Bank Ltd. An average target of ₹314

Source: S&P Global Market Intelligence

Karnataka Bank Ltd Share analysis

Karnataka Bank Ltd price forecast by 3 analysts

Upside of47.58%

High

₹344

Target

₹314.00

Low

₹298

Karnataka Bank Ltd target price ₹314, a slight upside of 47.58% compared to current price of ₹208.6. According to 3 analysts rating.

Source: S&P Global Market Intelligence

Karnataka Bank Ltd Performance

  • Day's Low

    Day's High

    ₹207.51
    Day's Price Range
    ₹214.14
  • 52 Week's Low

    52 Week's High

    ₹192
    52-Week Price Range
    ₹286.55
1 Month Return+ 6.42 %
3 Month Return-11.54 %
1 Year Return-8.61 %
Previous Close₹212.76
Open₹213.10
Volume12.74L
Upper Circuit-
Lower Circuit-
Market Cap₹8,168.25Cr

Karnataka Bank Ltd Key Statistics

P/E Ratio5.72
PEG Ratio-0.92
Market Cap₹8,168.25 Cr
P/B Ratio0.82
EPS34.63
Dividend Yield2.44
SectorBanks
ROE14.48

Karnataka Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹8,168.25 Cr44.38%NA₹1,306 Cr₹9,617 Cr
BUY₹7,298.49 Cr19.71%NANANA
HOLD₹10,081.66 Cr-10.16%NA₹1,259 Cr₹15,453 Cr
BUY₹3,953.38 Cr-4.88%NANANA
NA₹7,599.29 Cr-1.53%NANANA

About Karnataka Bank Ltd

Karnataka Bank Ltd is a premier A Class Scheduled Commercial Bank in India founded in 1924 to provide banking services to the South Kanara Region. It now has 848 branches, 1026 ATMs, 454 cash recyclers, spread across 22 states and 2 Union Territories and provides Working Capital Finance, Term Loans, Infrastructure Finance and other services.In FY 2020 the Bank’s total deposits grew to Rs 71785.15 crore from Rs 68452.12 crore the year before. Advances grew to Rs 56964.27 crore from Rs 54828.20 crore, despite industry wide sluggishness. The Bank issued Bonus Shares, rewarding shareholders in the ratio of 1:10 and bagged several awards for excellent customer service. It also opened 72 branches in 9 states, including 9 under the Financial Inclusion Program and 32 in Karnataka. KBL Services Ltd., a wholly owned subsidiary of Karnataka Bank was founded in 2020.

Share Price: ₹208.60 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹8,168.25Cr as of today
Revenue: ₹2,504.05Cr as on September 2024 (Q3 24)
Net Profit: ₹336.24Cr as on September 2024 (Q3 24)
Listing date: 10 May, 2000
Chairperson Name: Pradeep Kumar
OrganisationKarnataka Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Karnataka Bank Ltd

  • Karnataka Bank Projects 13% Asset Growth in FY25 - 14 Dec, 2024

    Karnataka Bank anticipates a 13% growth in its asset book for FY25, focusing on high-yielding retail and mid-corporate loans while avoiding low-yielding corporate loans. The bank aims to strengthen its retail franchise and maintain a strategic approach to deposits.

Insights on Karnataka Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 62.42% to 67.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, KTKBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 39.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 400.43 Cr → 336.24 Cr (in ₹), with an average decrease of 16.0% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.72% to 10.29% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 9.21% to 9.11% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.61K Cr → 2.50K Cr (in ₹), with an average decrease of 2.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, KTKBANK stock has moved down by -4.6%

Karnataka Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,276.23Cr (-)₹2,438.68Cr (↑7.14%)₹2,619.97Cr (↑7.43%)₹2,557.00Cr (↓2.40%)₹2,504.05Cr (↓2.07%)
Net Income₹330.24Cr (-)₹331.21Cr (↑0.29%)₹274.43Cr (↓17.14%)₹400.43Cr (↑45.91%)₹336.24Cr (↓16.03%)
Net Profit Margin14.51% (-)13.58% (↓6.41%)10.47% (↓22.90%)15.66% (↑49.57%)13.43% (↓14.24%)
Value in ₹ crore
Details2021202220232024
Total Assets₹85,729.31Cr (-)₹91,673.62Cr (↑6.93%)₹99,160.99Cr (↑8.17%)₹1,16,205.23Cr (↑17.19%)
Total Liabilities₹85,729.31Cr (-)₹91,673.62Cr (↑6.93%)₹99,160.99Cr (↑8.17%)₹1,16,205.23Cr (↑17.19%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹89.60Cr (-)₹3,368.76Cr (↓3,859.78%)-₹467.03Cr (↓113.86%)₹1,830.08Cr (↓491.85%)₹362.34Cr (↓80.20%)

Index Inclusions

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Karnataka Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
10.29%
-30.12
Mutual Funds
9.11%
-1.08
Retail Investors
67.66%
8.39
Others
12.94%
-5.17

Karnataka Bank Ltd Key Indicators

Details20202021202220232024
Return On Equity %7.948.277.9416.4614.48
Details2021202220232024
Return On Assets %0.560.551.191.12
Details2021202220232024
Book Value Per Share (₹)198.69213.23246.57274.15
Details2021202220232024
Earning Per Share (₹)15.5216.3337.7734.63

Karnataka Bank Ltd Valuation

Karnataka Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.62x)

May 26, 2020

Today (5.72x)

December 19, 2024

Industry (15.85x)

December 19, 2024

Highest (6.47x)

January 20, 2024

LowHigh

Karnataka Bank Ltd Earnings and Dividends

  • Karnataka Bank Ltd Earnings Results

    Karnataka Bank Ltd’s net profit jumped 1.82% since last year same period to ₹336.24Cr in the Q2 2024-2025. On a quarterly growth basis, Karnataka Bank Ltd has generated -16.03% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Karnataka Bank Ltd Dividends May,2024

    In the quarter ending March 2024, Karnataka Bank Ltd has declared dividend of ₹5.50 - translating a dividend yield of 5.03%.

    Read More about Dividends

Karnataka Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Karnataka Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Karnataka Bank Ltd (KTKBANK) share price today is ₹208.6

Karnataka Bank Ltd is listed on NSE

Karnataka Bank Ltd is listed on BSE

  • Today’s highest price of Karnataka Bank Ltd is ₹214.14.
  • Today’s lowest price of Karnataka Bank Ltd is ₹207.51.

PE Ratio of Karnataka Bank Ltd is 5.72

PE ratio = Karnataka Bank Ltd Market price per share / Karnataka Bank Ltd Earnings per share

Today’s traded volume of Karnataka Bank Ltd(KTKBANK) is 12.74L.

Today’s market capitalisation of Karnataka Bank Ltd(KTKBANK) is ₹8168.25Cr.

Karnataka Bank Ltd(KTKBANKPrice
52 Week High
₹286.55
52 Week Low
₹192

Karnataka Bank Ltd(KTKBANK) share price is ₹208.6. It is down -27.20% from its 52 Week High price of ₹286.55

Karnataka Bank Ltd(KTKBANK) share price is ₹208.6. It is up 8.65% from its 52 Week Low price of ₹192

Karnataka Bank Ltd(KTKBANKReturns
1 Day Returns
-4.16%
1 Month Returns
6.42%
3 Month Returns
-11.54%
1 Year Returns
-8.61%