The Lakshmi Vilas Bank Ltd. - (Amalgamation) Stock Analysis

BSE: 534690 | NSE: LAKSHVILAS | Bank - Private | Small Cap

BSE Share Price Nov 25, 18:57
7.65 0.00 (0.00%)

DeciZen - Make an Informed Decision on Lakshmi Vilas Bank

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

2. Valuation

Undervalued

3. Price Trend

FAQs

1. Is The Lakshmi Vilas Bank Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that The Lakshmi Vilas Bank Ltd. - (Amalgamation) is a below average quality company.

2. Is The Lakshmi Vilas Bank Ltd undervalued or overvalued?

The key valuation ratios of The Lakshmi Vilas Bank Ltd. - (Amalgamation)'s currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is The Lakshmi Vilas Bank Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of The Lakshmi Vilas Bank Ltd. - (Amalgamation) is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Lakshmi Vilas Bank:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
The Lakshmi Vilas Bank Ltd. - (Amalgamation) has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Net Interest Income (₹ Cr.)365371392486527645783791560428365
YoY Gr. Rt. %-1.7%5.6%24%8.4%22.5%21.3%1%-29.2%-23.6%-
Total Income1,2021,6771,9582,1882,4992,8733,3493,3883,0902,5582,249
YoY Gr. Rt. %-39.6%16.7%11.8%14.2%15%16.6%1.2%-8.8%-17.2%-
Adj EPS (₹ ) 7.27.66.54.36.99.312.4-22.9-28-24.8-22.3
YoY Gr. Rt. %-5.8%-14.6%-34.8%61.2%36.1%33.2%-284.1%NANA-
BVPS (₹ )57.862.766.769.676.582.395.184.253.331.116.1
YoY Gr. Rt. %-8.3%6.5%4.3%10%7.6%15.6%-11.5%-36.7%-41.6%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)0.90.70.50.30.60.70.8-1.6-2.4-2.9-3.2
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)0.91.72.43.41.91.21.85.77.5107
To view Capital Adequacy Ratio (%) Colour Rating Guide click here
Capital Adequacy Ratio (%)-----------

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income1.8%-4.1%-18.2%-23.6%
Total Income8.8%0.5%-8.6%-17.2%
Adj EPS-214.7%-229.4%-226%NA
BVPS-6.7%-16.5%-31.1%-41.6%
Share Price -18.3% -47.3% -52.2% -

Key Financial Ratios

RATIOS \ YEARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Interest Earned / Total Income88.690.5889.9390.6988.6389.484.9989.7691.986.2781.7
Margins To view Margins Colour Rating Guide click here
NIM (%)2.92.42.32.42.22.32.32.11.821.5
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)1312.710.16.210.811.714.4-28.4-46.4-60.8-138.6
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)18.814.914.514.216.717.419.121.125.726.6-

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Latest Financials - The Lakshmi Vilas Bank Ltd. - (Amalgamation)

Standalone Consolidated
TTM EPS (₹) -22.3 -
TTM Sales (₹ Cr.) 1,838 -
BVPS (₹.) 16.1 -
Reserves (₹ Cr.) 205 -
P/BV 0.48 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 6.95 / 7.65
All Time Low / High (₹) 6.95 / 194.70
Market Cap (₹ Cr.) 258
Equity (₹ Cr.) 336.7
Face Value (₹) 10
Industry PE 21.2

Management X-Ray of Lakshmi Vilas Bank :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *36.1937.4732.5634.5533.8831.3635.0234.9134.9134.91
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

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News

About The Lakshmi Vilas Bank Ltd. - (Amalgamation)

Lakshmi Vilas Bank (LVB) was founded eight decades ago in 1926 by seven people of Karur under the leadership of VSN Ramalinga Chettiar, mainly to cater to the financial needs of varied customer segments. The bank was incorporated on November 03, 1926 under the Indian companies act, 1913 and obtained the certificate to commence business on November 10, 1926, the bank obtained its license from Reserve Bank of India (RBI) in June 1958 and in August 1958 it became a scheduled commercial bank.

During 1961-65 LVB took over nine banks and raised its branch network considerably. To meet the emerging challenges in the competitive business world, the bank started expanding its boundaries beyond Tamil Nadu from 1974 by opening branches in the neighboring states of Andhra Pradesh, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Gujarat, West Bengal, Uttar Pradesh, Delhi and Pondicherry.

Mechanization was introduced in the head office of the bank as early as 1977. At present, with a network of 249 branches, 3 satellite branches and 6 extension counters, spread over 14 states and the union territory of Pondicherry, the bank’s focus is on customer delight, by maintaining high standards of customer service and amidst all these new challenges, the bank is progressing admirably. LVB has a strong and wide base in the state of Tamil Nadu, one of the progressive states in the country, which is politically stable and has a vibrant industrial environment. LVB has been focusing on retail banking, corporate banking and bank assurance.

The bank’s business crossed Rs. 12,606 crores as on March 31, 2009. The bank earned a net profit of Rs. 50.30 crores. The net owned fund of the bank reaches Rs 453.70 crore. With a fairly good quality of loan assets the net NPA of the bank was pegged at 1.24 % as on March 31, 2009.

Banking

  • Savings Bank
  • Current Account
  • ‘No FRILLS’ SB A/C 
  • Fixed Deposits
  • Loans
  • International Banking
  • NRI Banking
  • Net Banking
  • SMS Banking

Services

  • Shop online 
  • Bill Payment 
  • Online RTGS
  • SMS alerts
  • NEFT
  • RTGS
  • ATM Network 
  • Forex Services
  • Western Money Transfer
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