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RBL Bank Ltd (RBLBANK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540065 NSE: RBLBANK Bank - Private | Small Cap | RBL Bank Share Price

₹353.20 5.00 (1.44%)

As on 04-Jun'26 16:59

RBL Bank Ltd (RBLBANK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540065 NSE: RBLBANK Bank - Private | Small Cap | RBL Bank Share Price

₹353.20 5.00 (1.44%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹21,868 Cr.
Current Price
₹353.2
52-Week Low / High
₹206 / 353
TTM EPS
₹13.3
TTM Sales
₹14,336 Cr.
Book Value per Share
₹268.2
P/E Ratio
26.59
Higher than its 5-year historical median
Industry PE
17.2
Price to Book (P/B)
1.32
Higher than its 5-year historical median
EV/EBITDA
7.47
Higher than its 5-year historical median
Dividend Yield
0.58%
Profitability Efficiency
Return on Equity (ROE)
4.62%
Return on Capital Employed (ROCE)
5.72%
Net Interest Margin (NIM)
4.71%
Return on Assets (ROA)
0.49%
Growth Momentum
1-yr vs 3-yr growth
Deposit Growth (1 Year)
Slowing versus 3-year growth rate
7.2%
Net Interest Income Growth (1 Year)
Slowing versus 3-year growth rate
6.95%
Book Value Growth (1 Year)
Slowing versus 3-year growth rate
4.69%
Asset Quality
CASA
34.1%
Gross NPA(%)
2.60%
Net NPA(%)
0.29%
Cost to Income Ratio
64.68%
Cost of Liabilities
6.08%
Reserves
₹15,986 Cr.
Equity
₹619.1 Cr.
Face Value
₹10
All Time Low / High
₹74.15 / 716.55

RBL Bank stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Strong
Q.1 Is RBL Bank Ltd a good quality company?
RBL Bank Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NIM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth and Cost-to-Income ratio.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

How does RBL Bank Ltd performance compare with that of its Peers?
Q.1 AUM Growth of RBL Bank Ltd vs Industry Peers?
RBL Bank Ltd AUM CAGR is 10.52%, compared to the 5-year industry median CAGR of 13.65%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of RBL Bank Ltd?
Promoters hold 0.00% of the RBL Bank Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 How do the current valuation ratios compare with 5-year historical median and industry numbers?

10 Year X-Ray :

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.
RBL Bank Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Net Interest Income (₹ Cr.)8191,2211,7662,5393,6303,7884,0274,9986,0436,4636,360
YoY Gr. Rt. %-49.1%44.6%43.8%42.9%4.4%6.3%24.1%20.9%7%-
Total Income3,2354,4695,5767,74310,42510,21310,51612,16615,43717,84518,457
YoY Gr. Rt. %-38.1%24.8%38.9%34.6%-2%3%15.7%26.9%15.6%-
Adj EPS (₹ ) 911.915.120.39.98.5-1.314.719.311.413.3
YoY Gr. Rt. %-32%27.3%34.3%-51.1%-14.6%-114.7%NA31.1%-40.7%-
BVPS (₹ )92115.5159.3176.9208211.7210.3225.2242.6253.9268.2
YoY Gr. Rt. %-25.6%37.8%11.1%17.6%1.8%-0.7%7.1%7.7%4.7%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)0.911.21.20.60.5-0.10.80.90.50.5
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)0.60.60.80.72.12.11.31.10.70.30.4
To view Capital Adequacy Ratio (%) Colour Rating Guide click here
Capital Adequacy Ratio (%)-----------

CAGR

9 Years 5 Years 3 Years 1 Years
Net Interest Income25.8%12.2%17.1%7%
Total Income20.9%11.4%19.3%15.6%
Adj EPS2.7%2.9%NA-40.7%
BVPS11.9%4.1%6.5%4.7%
Share Price - 10.5% 26.8% 70.8%

Key Financial Ratios

RATIOS \ YEARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Interest Earned / Total Income84.8483.0980.8481.3781.6881.5577.7479.5480.2978.6777.7
Margins To view Margins Colour Rating Guide click here
NIM (%)2.22.62.93.34.3444.64.74.73.5
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)11.212.211.512.25.64.4-0.66.88.34.65
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)18.62224.32529.631.835.337.435.234.2-

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income +3,2354,4695,5767,74310,42510,21310,51612,16615,43717,845
Interest Income 2,7443,7134,5086,3018,5148,3298,1769,67712,39414,039
Other Income 4917551,0681,4421,9101,8842,3412,4893,0433,806
Expenditure +2,6923,5484,2455,8037,7107,2967,7719,96412,40614,218
Interest Expense 1,9252,4922,7413,7614,8854,5414,1494,6786,3517,576
Operating Expenses 7671,0561,5032,0422,8262,7553,6225,2856,0556,642
Provisions1012043225871,9752,2262,8129541,6473,123
Profit Before Tax4286819671,299753689-1151,1801,252668
Taxes 136235331432247181-4029884-27
Profit After Tax 292446635867506508-758831,168695
Adjusted EPS (₹)9.0111.8915.1320.329.948.49-1.2514.7219.3011.44
Dividend Payout Ratio (%)16.70%15.10%13.90%13.30%15.10%0%0%10.20%7.80%8.70%

Valuation of RBL Bank - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Share Capital 325375420427509598600600605608
Total Reserves 2,6653,9606,2647,12110,07412,06412,00812,90214,07414,829
Deposits24,34934,58843,90258,39457,81273,12179,00784,8871,03,4941,10,944
Borrowings 10,5367,9809,26111,83217,00711,22611,09313,33114,18413,734
Minority Interest0000000000
Other Liabilities 1,2871,7712,0032,5853,5763,6413,5014,1576,0766,611
Total Liabilities 39,16148,67561,85180,35988,9781,00,6511,06,2091,15,8761,38,4321,46,725

Assets

Balance with RBI 1,3402,9482,5894,8406,4156,70513,1116,23812,07110,965
Balance with Banks1,1101,2461,6951,7632,4426,7204,4372,2822,3461,595
Investments 14,43613,48215,44716,84018,15023,23022,27428,87529,57632,165
Advances 21,22929,44940,26854,30858,01958,62360,02270,20983,98792,618
Net Block 158224303363408442467529525570
Other Assets8691,2921,5172,2063,4824,9075,8177,6979,9218,806
Total Assets 39,16148,67561,85180,35988,9781,00,6511,06,2091,15,8761,38,4321,46,725

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -4,3843,434-2,528-31-5,0847,5976,449-11,0444,935-842
Cash Flow From Investing Activity -60-142-162-190-206-157-246-223-172-263
Cash Flow From Financing Activity 4,040-1,6562,9952,5677,698-4,207-1142,239842-503
Net Cash Flow -4051,6353052,3452,4083,2336,090-9,0285,605-1,608

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)911.9015.1020.309.908.50-1.3014.7019.3011.40
DPS (₹)1.501.802.102.701.50001.501.501
BVPS (₹)92115.5159.3176.9208211.7210.3225.2242.6253.9

Margin Ratios

Yield on Advances (%)12.912.611.211.614.714.213.613.814.815.2
Yield on Investments (%)5.68.27.57.08.47.17.16.17.37.8
Cost of Liabilities (%)5.55.95.25.46.55.44.64.85.46.1
NIM (%)2.22.62.93.34.34.04.04.64.74.7
Interest Spread (%)7.46.86.06.38.28.89.09.09.49.1

Performance Ratios

ROA (%)0.91.01.21.20.60.5-0.10.80.90.5
ROE (%)11.212.211.512.25.64.4-0.66.88.34.6
ROCE (%)7.59.49.710.36.96.22.17.38.15.7

Efficiency Ratios

Cost to Income Ratio (%)58.653.453.051.351.048.656.970.666.664.7
Operating Costs to Assets (%)2.02.22.42.53.22.73.44.64.44.5

Valuation Parameters

Price/Book(x)0.04.33.03.90.71.00.60.61.00.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

RBL Bank Ltd FAQs

The current trading price of RBL Bank on 04-Jun-2026 16:59 is ₹353.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of RBL Bank stood at ₹21,868 Cr

The latest P/E ratio of RBL Bank as of 03-Jun-2026 is 26.59.

The latest P/B ratio of RBL Bank as of 03-Jun-2026 is 1.32.

The 52-week high of RBL Bank is ₹353.2 and the 52-week low is ₹205.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of RBL Bank is ₹14,336 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that RBL Bank Ltd is a average quality company.

The key valuation ratios of RBL Bank Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of RBL Bank Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About RBL Bank Ltd

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets and Treasury and Financial Markets Operations. RBL Bank is listed on both NSE and BSE (RBLBANK). The Bank is governed by the Banking Regulation Act, 1949 and the Companies Act, 2013. The Bank commenced its operations at its International Financial Services Centre Banking Unit (IBU) in Gujarat International Finance Tec (GIFT) City, Gujarat in April 2017. 

Business area of the bank

RBL Bank Limited is a banking company engaged in providing a wide range of banking and financial services including wholesale banking, retail banking, treasury operations and other banking related activities.

Products and Services offered by the bank

Personal Banking

  • Accounts
  • Fixed Deposits
  • Credit Cards
  • Loans
  • Insurance
  • Investments
  • Demat
  • Convenience Banking
  • Ways to Banking
  • Forex Services

Business Banking

  • Business
  • Agri Banking
  • Micro & Small Business Banking

Wholesale Banking

  • Clients
  • Products and Services

NRI

  • NRI Accounts
  • NRI Deposits
  • NRI Money Transfer

Insignia

Awards

2012

  • A Business Today and KPMG study- Rated As India's Best Bank (Growth) In The Mid-Sized Bank Segment.
  • Asian Banker Technology Implementation Award- Winner Of The Best Core Banking Project, India

2013

  • A Business Today and KPMG study- Rated As India's Best Bank (Growth) In The Mid-Sized Bank Segment
  • Business World-PWC Best Bank Survey- Fastest Growing Small Bank
  • Sunday Standards Best Bankers Award- Best Indian Banker (Small-Sized)

2014

  • A Business Today and KPMG study- Rated As India's Best Bank (Growth) In The Mid-Sized Bank Segment
  • World Economic Forum- Recognised As A Global Growth Company
  • Business World-PWC Best Bank Survey- Fastest Growing Small Bank
  • Dun & Bradstreet Banking Awards- Best Bank - Priority Sector Lending (Private Sector)

2015

  • IDRBT Banking Technology Excellence Awards- Best Bank - Cyber Defence
  • A Business Today and KPMG study- Rated As India's Best Bank (Growth) In The Mid-Sized Bank Segment
  • A Business Today and KPMG study- Rated As India's Best Overall Bank (Small Category)
  • A Business Today and KPMG study- Rated As India's Best Bank (Quality Of Assets)
  • Business World-PWC Best Bank Survey- Fastest Growing Small Bank
  • Dun & Bradstreet Banking Awards- Best Bank - Priority Sector Lending (Private Sector)
  • Finnoviti- Best ESB (Enterprise State Bus) Deployment
  • IDRBT Banking Technology Excellence Awards- Use Of Technology For Financial Inclusion

2016

  • MasterCard Innovation Awards- Best Debit Card Innovations For The India Startup Club Debit Card
  • The Asian Banker Technology Innovation Awards- Best Corporate Payment Project
  • Business Today - KPMG, Fastest growing Small Bank- India's Best Overall Bank (Small Category)

2017

  • Dun & Bradstreet Banking Awards 2017- High Growth Private Sector Bank
  • Magna Awards 2017- Best Growing Small Bank
  • VCCircle Awards- Financial Services Company Of The Year
  • IBA Banking Technology Awards- Awarded The Best It Risk & Cyber Security Initiative Category And Best Payment Initiative Category
  • Ernst & Young (EY) Entrepreneur Of The Year 2016 India Awards- Vishwavir Ahuja -Entrepreneur Of The Year
  • IBLA Awards- Awarded The CNBC Asia's India Talent Management Award

2018

  • Aadhaar Excellence Awards 2018- Opening Highest Percentage Of Aadhaar Centres
  • CNBC Awaaz CEO Awards 2018- Most Promising Company Of The Year
  • IBLA Awards 2018- Most Promising Company Of The Year
  • Outlook Money Awards 2018- Best Bank
  • Business Today Banking Awards- Best Small Bank
  • Magna Awards 2018- Fastest Growing Small-Sized Bank

2019

  • Digital Payments Award by MeitY- Outstanding Performance In Pos Deployment In Northeast
  • TISS LeapVault CLO Award- Best Program For Sales Enablement
  • The Asian Banker Financial Technology Innovation Awards- Best Self Service Banking Initiative, Application
  • Asiamoney Awards 2019- Best Bank For Microfinance In India
  • BFSI Digital Innovation Awards 2019 by Express Computers- Recognised For Enterprise Mobility

2020

  • Best Savings Product 
  • Best Core System Project
  • Best Cloud-Based Project

Milestones

2013-14

  • New identity adopted, ‘RBL Bank’
  • Successfully raised Rs 328 Crore from marquee investors
  • Acquired the Business Banking, Credit Card and
  • Mortgage business of Royal Bank of Scotland (RBS) in India

2014-15

  • Recognised as Global Growth Company by the World Economic Forum’

2015-16

  • Successfully raised Rs 488 Crore as pre-IPO preferential placement

2016-17

  • Successfully concluded the Initial Public Offering (IPO), oversubscribed almost 70 times

2017-18

  • Raised Rs 1,680 Crore from marquee domestic and international investors

2018-19

  • Recognised as the Best Bank for Microfinance in India by Asia Money
  • Acquired 100% stake in RBL Finserve  (Formerly known as Swadhaar Finserve)

2019-20

  • Successfully raised Rs 2,701 crore from notable investors enhancing the long term capital resource for the Bank.
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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