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Lakshmi Vilas Bank Ltd.
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Lakshmi Vilas Bank Ltd.

  • 7.650.05 (4.79%)
BSE
  • Closed
  • As On: 25 Nov, 2020, 12:00 PM IST
  • Open-
  • High-
  • Low-
  • Prev Close-
  • Volume-
  • VWAP(₹)-
  • Rising Gross NPA and Net NPA

    The bank's gross NPA% and Net NPA% have risen continuously over the past 4-years to 25.39% and 10.04%, respectively. (Source: Standalone Financials)
  • Decrease in Cash from Investing

    Company has used Rs 76.8 cr for investing activities which is an YoY decrease of 34.5%. (Source: Standalone Financials)

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Key Metrics

  • PE Ratio(x)-0.34
  • EPS - TTM(₹)-22.30
  • MCap(₹ Cr.)257.59
  • MCap Rank41
  • PB Ratio(x)-
  • Div Yield(%)26.47
  • Face Value(₹)10.00
  • 52W High(₹)83.50
  • 52W Low(₹)6.95
  • MCap/Sales0.17
  • Beta(1 Month)2.22
  • BV/Share(₹)36.52

Returns

  • 1 Day4.79%
  • 1 Month-53.78%
  • 3 Months-64.42%
  • 1 Year-64.17%
  • 3 Years-95.75%
  • 5 Years-91.4%

Financials

  • Sep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income494.58538.84629.76585.77665.33
    Total Income Growth (%)-8.21-14.447.51-11.96-1.75
    Provisions & Contingencies391.34112.37303.47314.62316.81
    Provisions & Contingencies Growth (%)248.25-62.97-3.55-0.6949.65
    Profit after Tax (PAT)-397.00-112.2892.86-334.48-357.18
    PAT Growth (%)--220.92---
    Gross NPA (%)0.2425.4025.3923.2721.25
    Net NPA (%)0.079.6410.049.8110.47
    Net Profit Margin (%)-80.27-20.8414.75-57.10-53.68
    Basic EPS (₹)-11.79-3.332.76-9.93-10.64
    FY 2020FY 2019FY 2018FY 2017FY 2016
    Total Income2,558.033,090.213,388.433,349.432,872.83
    Total Income Growth (%)-17.22-8.801.1616.5914.98
    Provisions & Contingencies820.59882.13940.24377.98226.89
    Provisions & Contingencies Growth (%)-6.98-6.18148.7566.59-7.07
    Profit after Tax (PAT)-836.04-894.10-584.87256.07180.24
    PAT Growth (%)---328.4042.0836.25
    Net Interest Margin (%)1.751.691.952.222.24
    Net Profit Margin (%)-37.88-31.48-19.228.997.01
    Basic EPS (₹)-25.16-34.66-28.2914.0710.05

    No Data Available

    All figures in Rs Cr, unless mentioned otherwise

    • Rising Gross NPA and Net NPA

      The bank's gross NPA% and Net NPA% have risen continuously over the past 4-years to 25.39% and 10.04%, respectively. (Source: Standalone Financials)
    AnnualFY 2020FY 2019FY 2018FY 2017FY 2016
    Advances13,827.8920,103.2625,768.2023,728.9119,643.74
    Advances Growth (%)-31.22-21.988.5920.8020.13
    Deposits21,443.1929,279.4433,309.4830,553.3525,430.96
    Deposits Growth (%)-26.76-12.109.0220.1415.78
    Total Equity1,229.811,892.582,327.672,136.341,763.59
    Total Equity Growth (%)-35.02-18.698.9621.1413.33
    Gross NPA (%)25.3915.309.982.671.97
    Net NPA (%)10.047.495.661.761.18
    Capital Adequacy Ratios (%)1.127.729.8110.3810.67
    Contingent Liabilities7,532.8410,431.864,872.303,199.652,434.65

    No Data Available

    All figures in Rs Cr, unless mentioned otherwise

    • Decrease in Cash from Investing

      Company has used Rs 76.8 cr for investing activities which is an YoY decrease of 34.5%. (Source: Standalone Financials)
    AnnualFY 2020FY 2019FY 2018FY 2017FY 2016
    Net Cash flow from Operating Activities-424.99-171.34-131.50227.07110.57
    Net Cash used in Investing Activities-76.80-117.25-102.36-39.96-67.48
    Net Cash flow from Financing Activities172.80442.75624.9568.166.80
    Net Cash Flow-328.99154.15391.09255.2749.89
    Closing Cash & Cash Equivalent1,840.122,169.112,014.961,623.881,368.61
    Closing Cash & Cash Equivalent Growth (%)-15.177.6524.0818.653.78

    No Data Available

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2020FY 2019FY 2018FY 2017FY 2016
    Return on Equity (%)-79.55-52.25-27.0713.0111.32
    Return on Assets (%)-3.42-2.70-1.440.720.62
    Cost to Income (%)63.1355.1550.8230.7326.78
    Interest income to Earning assets (%)9.038.597.528.078.93
    Interest Expense to Earning assets (%)7.286.895.565.856.69
    Price to Earnings (x)-0.44-2.52-4.3012.398.07
    Price to Book (x)0.351.321.161.610.91
    Price to Sales (x)0.170.790.831.110.57
    Operating Profit Margin (%)-53.80-40.29-30.63-8.66-4.83

    No Data Available

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Technicals

  • No Data Available

  • No Data Available

  • R1-Pivot

    -

    S1-
    R2-S2-
    R3-S3-
  • 5 Days14 Days28 Days
    ---

Peers

    • CHART
    • TABLE
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • NAMEP/E (x)P/B (x)ROE %ROA %Rev CAGR [3Yr]OPMNPMNIM %Cost to Income %Interest income to Earning assets %Net NPA %Capital Adequacy Ratio %
    Lak Vilas Bank-0.340.21-79.55-3.42-8.51-53.80-37.881.7563.139.0310.041.12
    RBL Bank31.081.444.730.5633.38-16.155.694.3749.659.862.0516.45
    Federal Bank9.700.9710.660.8616.00-2.4211.622.6733.877.411.3114.35
    City Union Bank31.432.438.990.959.75-4.8811.423.3638.758.382.2916.76
    CSB Bank42.651.980.700.062.27-13.830.843.1346.278.001.9122.46
    Add More
    Annual Ratios (%)

    Choose from Peers

    • Karur Vysya Bank
    • DCB Bank
    • J&K Bank
    • Karnataka Bank
    • South Indian Bnk

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    Shareholding Patterns

    • Category30 Sep 202030 Jun 202031 Mar 202031 Dec 2019
      Promoters6.806.806.806.78
      Pledge34.9134.9134.9135.02
      FII8.6510.4511.1111.55
      DII6.827.006.846.86
      Mutual Funds0.000.000.010.01
      Others77.7375.7575.2574.81
    • CategoryNo. of SharesPercentage% Change QoQ
      Promoters2,29,09,9726.80 %0.00
      Pledge79,96,88134.91 %0.00
      FII2,91,09,8238.65 %-1.80
      DII2,29,74,1416.82 %-0.18
      MF28,0110.01 %0.00
      Others26,17,19,81577.73 %1.98

    Mutual Funds Ownership

    MF Ownership as on 31 May 2020

    Corporate Actions

    • Board Meeting

      Quarterly Results

      Oct 29, 2020

      Board Meeting

      Right Issue of Equity Shares

      Oct 12, 2020

      General Meeting

      -

      Aug 26, 2020

    • Announced onMeeting on
      Oct 29, 2020Nov 07, 2020
      Quarterly Results
      Oct 12, 2020Oct 15, 2020
      Right Issue of Equity Shares
      Aug 25, 2020Aug 26, 2020
      Increase in Authorised Capital
      Jul 27, 2020Jul 30, 2020
      Quarterly Results
      Jul 07, 2020Jul 10, 2020
      Audited Results
    • Announced onEx-DateDividend%
      Apr 28, 2017Jul 07, 201727%
      Apr 27, 2016Jun 02, 201630%
      Apr 29, 2015Jun 17, 201520%
      May 15, 2014Jul 25, 201410%
      May 27, 2013Jul 29, 201330%
    • Announced onEx-Date
      Jul 06, 2006Nov 17, 2006
      Bonus Ratio: 1 share(s) for every 2 shares held
      Jan 11, 1995-
      Bonus Ratio: 1 share(s) for every 1 shares held
    • No Data Available

    • Announced onEx-Date
      Sep 27, 2017Dec 05, 2017
      Rights ratio: 1 share for every 3 held at a price of Rs 122.0
      Jul 16, 2014Jul 25, 2014
      Rights ratio: 5 share for every 6 held at a price of Rs 50.0
      May 14, 2009Sep 24, 2009
      Rights ratio: 1 share for every 1 held at a price of Rs 54.0
      Jul 06, 2006Nov 17, 2006
      Rights ratio: 1 share for every 1 held at a price of Rs 50.0
      Jan 28, 2005Apr 29, 2005
      Rights ratio: 7 share for every 10 held at a price of Rs 55.0
    • Announced onMeeting on
      Aug 26, 2020Sep 25, 2020
      -
      Aug 28, 2019Sep 27, 2019
      -
      Apr 25, 2019May 20, 2019
      -
      Jun 27, 2018Aug 08, 2018
      -
      Jun 13, 2017Jul 18, 2017
      Book closure from Jul 11, 2017 to Jul 17, 2017

    About

    Lakshmi Vilas Bank Ltd., incorporated in the year 1926, is a banking company (having a market cap of Rs 257.59 Crore).

    Lakshmi Vilas Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 1657.70 Crore to Sales Value (75.12 % of Total Sales), Income From Investment which contributed Rs 510.39 Crore to Sales Value (23.12 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 23.68 Crore to Sales Value (1.07 % of Total Sales) and Interest which contributed Rs 14.91 Crore to Sales Value (0.67 % of Total Sales)for the year ending 31-Mar-2020.

    The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4063.27 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 946.72 Crore (.00% of total assets).

    For the quarter ended 30-09-2020, the company has reported a Standalone Interest Income of Rs 333.53 Crore, down -5.75 % from last quarter Interest Income of Rs 353.87 Crore and down -25.31 % from last year same quarter Interest Income of Rs 446.52 Crore. The bank has reported net profit after tax of Rs -397.00 Crore in latest quarter.

    The bank’s top management includes Mr.B K Manjunath, Mr.Y N Lakshminarayana Murthy, Mr.Sundaram Shankar, Mr.Shakti Sinha, Mr.Satish Kumar Kalra, Mr.Sanjay Kumar Khemani, Mr.S Sundar, Mr.Rajnish Kumar, Mr.Raghuraj Gujjar, Mr.N Saiprasad, Mr.K R Pradeep, Mr.H S Upendra Karnath, Mr.Gorinka Jaganmohan Rao, Mr.G Sudhakara Gupta, Mrs.Meeta Makhan. It has P Chandrasekar LLP as its auditoRs As on 30-09-2020, the company has a total of 336,713,751 shares outstanding.

    About Lak Vilas Bank

    Lakshmi Vilas Bank Ltd., incorporated in the year 1926, is a banking company (having a market cap of Rs 257.59 Crore). Show More

    Key Indices Listed On

    S&P BSE Finance, Nifty Full Smallcap 100

    Address

    Salem Road,Kathaparai,Karur, Tamil Nadu - 639006

    Executive Leadership

    AG

    Apurv Gupta

    Senior Vice President
    BK

    B K Manjunath

    Non Executive Chairman
    DK

    D Krishnakumar

    Chief Risk Officer
    GR

    G Ravindra Kumar

    Senior Vice President
    Show More

    Auditors

    P Chandrasekar LLP

    Lak Vilas Bank Share Price Update

    Lakshmi Vilas Bank Ltd. share price moved up by 4.79% from its previous close of Rs 7.00. Lakshmi Vilas Bank Ltd. stock last traded price is 7.65

    Share PriceValue
    Today/Current/Last7.65
    Previous Day7.00

    DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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    Markets Data

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    Key Metrics

    • This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    • Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    • MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    • This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    • Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    • Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    • Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    • Beta (β) is a measure of systematic risk. It describes the responsiveness of a stock to fluctuations in the market. Beta coefficient of more than 1 denotes that a security is more volatile than its benchmark and less than 0 signifies that security return is not correlated to market movement.

    • Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    • This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    • Book value represents the value arrived at by subtracting the total liabilities from the total assets of the company. On dividing this value with the total number of shares outstanding for the company, we can arrive at book value per share. Book value is also known as Net Asset Value of a company.

    • This is a ratio of market capitalisation of a company’s stock to its annual sales. The market capitalization here is taken for the fully paid-up equity share of the company.

    Technicals

    • Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

      Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

    • Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

      Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

    • Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

      Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

    • Pivot points are indicative support and resistance levels which are calculated on basis of previous day’s high, low and closing prices. Pivot level for Monday’s trade would be based on Friday’s prices and Monday’s, high, low and close price would go into calculation of pivot levels for Tuesday’s trading session.

      There are two underlying assumptions in pivot points. First, the specific price level indicated by R1, R2 and R3 may act as a barrier or resistance in an uptrend. So, if a stock moves up above these pivots levels, the uptrend gets confirmed. Second these specific price levels may see an increased activity, hence may be used as levels to book profit by traders with a long positions. For traders with short position, these points are often helpful in determining what should be the stop loss for a trade.

      Similarly, in case of support levels as indicated by S1, S2 and S3, they may act as price level where a stock might get a breather when it is slipping southward. In case these supports levels are broken it is a confirmation of a down trend. The stock may also see increased activity close to pivot levels. They may be used by trader may use them to put stop loss for a long trade. If a trader has short position, the pivot level may help in determine a level, where profit may be booked.

      Like any other technical indicator, pivots levels cannot and should not be used as single factor while taking a trading decision. They should be combined with other technical indicators. It could be short term moving averages, stochastic, moving average convergence divergence (MACD) or overbought level as indicated by relative strength index (RSI). For example, if a breakdown of support level (S1, S2 or S3) is accompanied with stock price also moving below its short term moving average or stochastic on daily charts giving a sell signal, it would add to weightage to the decision of taking a short trade.