bell
The current prices are delayed by 15 mins, login to check live prices.
RBL Bank Ltd share price logo

RBL Bank Ltd

(RBLBANK)

₹152.797.02%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

RBL Bank Ltd Analyst Rating

based on 19 analysts

HOLD

42.11%

Buy

26.32%

Hold

31.58%

Sell

Based on 19 analysts offering long term price targets for RBL Bank Ltd. An average target of ₹209.47

Source: S&P Global Market Intelligence

RBL Bank Ltd Share analysis

RBL Bank Ltd price forecast by 19 analysts

Upside of27.47%

High

₹291

Target

₹209.47

Low

₹135

RBL Bank Ltd target price ₹209.47, a slight upside of 27.47% compared to current price of ₹152.79. According to 19 analysts rating.

Source: S&P Global Market Intelligence

RBL Bank Ltd Performance

  • Day's Low

    Day's High

    ₹151.26
    Day's Price Range
    ₹165
  • 52 Week's Low

    52 Week's High

    ₹147.5
    52-Week Price Range
    ₹300.7
1 Month Return+ 5.18 %
3 Month Return-23.3 %
1 Year Return-40.35 %
Previous Close₹164.33
Open₹165.00
Volume3.83Cr
Upper Circuit-
Lower Circuit-
Market Cap₹10,081.66Cr

RBL Bank Ltd Key Statistics

P/E Ratio8.34
PEG Ratio59.55
Market Cap₹10,081.66 Cr
P/B Ratio0.98
EPS20.82
Dividend Yield0.63
SectorBanks
ROE8.23

RBL Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹10,081.66 Cr-10.16%NA₹1,259 Cr₹15,453 Cr
BUY₹5,587.98 Cr6.24%NANANA
BUY₹7,298.49 Cr19.71%NANANA
BUY₹13,299.21 Cr-4.11%NANANA
BUY₹18,617.62 Cr56.41%NANANA

About RBL Bank Ltd

RBL Bank Limited, formerly known as Ratnakar Bank, was incorporated in 1943 in Kolhapur Maharashtra. Over the years, the bank has gone from strength to strength, expanding its presence across the country with a wide range of banking and financial services such as wholesale banking, retail banking, treasury operations and more. During the fiscal year 2018 - 2019, the total deposits of the bank grew 33.01%, to Rs 58,394.42 crore. The bank also successfully completed a capital infusion of Rs1680 crore in August 2017.

Its notable achievements include a series of awards, such as the ‘Most Promising Company of the Year’ at CNNTV18 India Business Leader Awards 2018, the ‘Best Small Bank of the Year’ at the Business Today Banking Awards 2018 and the ‘Fastest Growing Bank’ at the Business World Magna Awards 2018. The bank also set up the International Financial Services Centre Banking Unit at the Gujarat International Finance TecCity in April 2017.

In December 2020, the bank raised an additional capital of Rs1566 crore on preferential basis. During FY20 - 21, the bank opened 173 new BC branches and by 2022, had 502 branches, 1,424 BC branches and 414 ATMs. With a customer base of 61.86 lakh, RBL Bank stands as one of India's leading private sector banks.

Share Price: ₹152.79 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹10,081.66Cr as of today
Revenue: ₹4,459.05Cr as on September 2024 (Q3 24)
Net Profit: ₹231.70Cr as on September 2024 (Q3 24)
Listing date: 31 Aug, 2016
Chairperson Name: Prakash Chandra
OrganisationRBL Bank Ltd
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for RBL Bank Ltd

  • Morgan Stanley Lowers RBL Bank Price Target - 19 Dec, 2024

    Morgan Stanley Research has cut RBL Bank's price target to Rs 160 from Rs 180, citing higher credit costs and lower margins. Earnings forecasts for fiscal years 2025, 2026, and 2027 have also been trimmed due to asset quality challenges, with gross non-performing assets rising to 2.88%. Net profit declined 24% year-on-year to Rs 223 crore.
  • RBL Bank Faces Growth Concerns and Stock Decline - 17 Dec, 2024

    RBL Bank's stock fell significantly after the bank revised its loan growth estimates to low double digits, raising concerns about asset quality and margins. Citi maintained a Buy rating but highlighted challenges ahead.
  • RBL Bank Reappoints CEO Amid Mixed Earnings - 16 Dec, 2024

    RBL Bank reappoints R. Subramaniakumar as MD & CEO for three years. The bank's Q2 profit fell 24%, while fixed deposit rates were revised to 8.75%. Shares declined 0.75% following the earnings report.
  • RBL Bank Downgraded Amid Growth Concerns - 04 Dec, 2024

    ICICI Securities has downgraded RBL Bank to a Hold rating with a target price of Rs 160, citing concerns over growth moderation and recent changes in credit card partnerships. The bank's stock surged over 4% following the announcement of ending its co-branded credit card partnership with Bajaj Finance, aiming for diverse collaborations. However, growth may moderate due to this shift.
  • RBL Bank Adjusts Strategy Amid Card Partnership Changes - 03 Dec, 2024

    RBL Bank ends its card partnership with BFL, shifting to independent management. Emkay Global cuts earnings estimates and target price to Rs 250, citing transitional challenges but retains a 'BUY' rating for long-term potential.
  • RBL Bank Ends Bajaj Finance Partnership, Shares Volatile - 02 Dec, 2024

    RBL Bank's shares experienced volatility following the termination of its co-branded credit card partnership with Bajaj Finance, leading to downgrades and mixed analyst sentiments. The bank reassured cardholders of continued benefits while aiming for growth through direct channels.
  • RBL Bank Terminates Bajaj Finance Credit Card Partnership - 01 Dec, 2024

    RBL Bank has ended its long-standing credit card distribution partnership with Bajaj Finance, reducing reliance on the non-bank lender. The bank anticipates returning to normal sales pace within a quarter while focusing on its own distribution network and offering additional products to its existing customer base.
  • RBL Bank Ends Bajaj Finance Card Partnership - 30 Nov, 2024

    RBL Bank has ended its co-branded credit card partnership with Bajaj Finance, shifting focus to new partnerships while continuing to service existing cards. The bank aims to diversify its offerings and leverage its credit card customer base for growth.
  • RBL Bank Ends Co-Branded Card Partnership with Bajaj - 29 Nov, 2024

    RBL Bank has ended its co-branded credit card partnership with Bajaj Finance, shifting focus to new collaborations with other NBFCs and consumer brands. Existing cardholders will continue to receive benefits, and the bank aims to diversify its credit card offerings.
  • RBI Imposes Penalty on RBL Bank for KYC Violations - 25 Nov, 2024

    The Reserve Bank of India has imposed a penalty of Rs 61.40 lakh on RBL Bank for non-compliance with KYC regulations, citing multiple compliance failures during inspections.
  • RBL Bank Fined for KYC Violations by RBI - 22 Nov, 2024

    The Reserve Bank of India imposed a ₹61 lakh fine on RBL Bank for failing to comply with KYC regulations, highlighting deficiencies in customer identification processes. This action follows increased scrutiny on banks regarding KYC compliance.
  • RBL Bank Appoints Gukesh Dommaraju as Brand Ambassador - 21 Nov, 2024

    RBL Bank has appointed chess prodigy Gukesh Dommaraju as its brand ambassador. Gukesh, a rising star in chess, symbolizes innovation and competitiveness, aligning with the bank's vision to empower customers in their financial journeys.

Insights on RBL 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

    Revenue Rich

    img

    Revenue is up for the last 13 quarters, 2.62K Cr → 4.45K Cr (in ₹), with an average increase of 4.3% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 50.81% to 58.33% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.95% to 20.69% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 86.6% return, outperforming this stock by 87.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 71.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 28.46% to 14.63% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, RBLBANK stock has moved down by -20.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 364.43 Cr → 231.7 Cr (in ₹), with an average decrease of 18.8% per quarter

RBL Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,720.57Cr (-)₹3,968.82Cr (↑6.67%)₹4,214.99Cr (↑6.20%)₹4,272.06Cr (↑1.35%)₹4,459.05Cr (↑4.38%)
Net Income₹331.08Cr (-)₹244.89Cr (↓26.03%)₹364.43Cr (↑48.81%)₹351.05Cr (↓3.67%)₹231.70Cr (↓34.00%)
Net Profit Margin8.90% (-)6.17% (↓30.67%)8.65% (↑40.19%)8.22% (↓4.97%)5.20% (↓36.74%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,00,650.62Cr (-)₹1,06,208.58Cr (↑5.52%)₹1,15,878.70Cr (↑9.10%)₹1,38,437.23Cr (↑19.47%)
Total Liabilities₹1,00,650.62Cr (-)₹1,06,208.58Cr (↑5.52%)₹1,15,878.70Cr (↑9.10%)₹1,38,437.23Cr (↑19.47%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹5,084.09Cr (-)₹7,596.90Cr (↓249.42%)₹6,449.46Cr (↓15.10%)-₹11,044.09Cr (↓271.24%)₹4,934.96Cr (↓144.68%)

Index Inclusions

Nifty Small 100

₹18,714.30

-2.19 (-418.8%)

S&P BSE SmallCap Select

₹8,057.22

-2.18 (-179.75%)

Nifty Smallcap 50

₹8,925.85

-2.75 (-252.6%)

Nifty Private Bank

₹24,617.60

-1.75 (-438.7%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

DFRGRI Indices

₹1,410.04

-2.07 (-29.85%)

S&P BSE Private Banks

₹17,889.64

-1.69 (-307.85%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

RBL Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
14.63%
-48.60
Mutual Funds
20.69%
29.74
Retail Investors
58.33%
14.79
Others
6.35%
32.97

RBL Bank Ltd Key Indicators

Details2020202120232024
Return On Equity %5.584.376.748.23
Details20202021202220232024
Return On Assets %0.560.53-0.160.790.91
Details20202021202220232024
Book Value Per Share (₹)207.67211.79209225.58245.2
Details20202021202220232024
Earning Per Share (₹)9.838.85-2.7715.3420.82

RBL Bank Ltd Valuation

RBL Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-272.44x)

July 7, 2021

Today (8.34x)

December 19, 2024

Industry (15.85x)

December 19, 2024

Highest (34.66x)

May 28, 2019

LowHigh

RBL Bank Ltd Earnings and Dividends

  • RBL Bank Ltd Earnings Results

    RBL Bank Ltd’s net profit fell -30.02% since last year same period to ₹231.70Cr in the Q2 2024-2025. On a quarterly growth basis, RBL Bank Ltd has generated -34% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • RBL Bank Ltd Dividends April,2024

    In the quarter ending March 2024, RBL Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.96%.

    Read More about Dividends

RBL Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on RBL Bank Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy RBL Bank Ltd shares.

RBL Bank Ltd (RBLBANK) share price today is ₹152.79

RBL Bank Ltd is listed on NSE

RBL Bank Ltd is listed on BSE

  • Today’s highest price of RBL Bank Ltd is ₹165.
  • Today’s lowest price of RBL Bank Ltd is ₹151.26.

PE Ratio of RBL Bank Ltd is 8.34

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

Today’s traded volume of RBL Bank Ltd(RBLBANK) is 3.83Cr.

Today’s market capitalisation of RBL Bank Ltd(RBLBANK) is ₹10081.66Cr.

RBL Bank Ltd(RBLBANKPrice
52 Week High
₹300.7
52 Week Low
₹147.5

RBL Bank Ltd(RBLBANK) share price is ₹152.79. It is down -49.19% from its 52 Week High price of ₹300.7

RBL Bank Ltd(RBLBANK) share price is ₹152.79. It is up 3.59% from its 52 Week Low price of ₹147.5

RBL Bank Ltd(RBLBANKReturns
1 Day Returns
-11.54%
1 Month Returns
5.18%
3 Month Returns
-23.3%
1 Year Returns
-40.35%