Andhra Bank - (Amalgamated) Stock Analysis

BSE: 532418 | NSE: ANDHRABANK | Bank - Public | Small Cap

BSE Share Price Mar 19, 18:01
15.55 0.00 (0.00%)

DeciZen - Make an Informed Decision on Andhra Bank-Amalgama

Overall Rating

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is Andhra Bank a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Andhra Bank - (Amalgamated) is a below average quality company.

2. Is Andhra Bank undervalued or overvalued?

The key valuation ratios of Andhra Bank - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Andhra Bank a good buy now?

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

10 Year X-Ray of Andhra Bank-Amalgama:

Analysis of Financial Track Record

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.
Andhra Bank - (Amalgamated) has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Net Interest Income (₹ Cr.)2,1953,2213,7593,7573,7374,5385,3215,5326,3356,7086,941
YoY Gr. Rt. %-46.8%16.7%-0.1%-0.5%21.4%17.3%4%14.5%5.9%-
Total Income7,3379,18812,19913,95715,63017,86819,19920,33620,34720,97721,948
YoY Gr. Rt. %-25.2%32.8%14.4%12%14.3%7.5%5.9%0.1%3.1%-
Adj EPS (₹ ) 21.622.624237.410.67.92.6-28.5-9.7-3.1
YoY Gr. Rt. %-5%6.1%-4.1%-67.9%43.3%-25.1%-67.7%-1212.1%NA-
BVPS (₹ )90.9116133.7150.9148.2155.1151.3154.483.342.341.6
YoY Gr. Rt. %-27.6%15.2%12.9%-1.8%4.7%-2.5%2.1%-46.1%-49.2%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)1.31.31.210.30.40.30.1-1.5-1.1-0.5
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)0.20.40.92.53.12.94.67.68.55.76.4
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 Income13.2%12.4%8%5.9%
Total Income12.4%6.1%3%3.1%
Adj EPS-191.5%-205.5%-206.8%NA
BVPS-8.2%-22.2%-34.6%-49.2%
Share Price -17% -20.5% -17% 70.1%

Key Financial Ratios

RATIOS \ YEARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Interest Earned / Total Income86.8590.2492.9592.591.4791.6191.8588.6588.3490.2589.8
Margins To view Margins Colour Rating Guide click here
NIM (%)2.533.12.62.32.52.82.62.82.82.8
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)2623.219.316.25.17.15.51.7-33.3-25.1-8.9
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)29.429.126.425.724.827.426.129.331.131.4-

Recent Performance Summary

No data to display

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

Latest Financials - Andhra Bank - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) -3.1 -3
TTM Sales (₹ Cr.) 19,710 19,995
BVPS (₹.) 41.6 42.2
Reserves (₹ Cr.) 9,781 9,977
P/BV 0.22 0.22
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 8.82 / 9.62
All Time Low / High (₹) 6.50 / 190.15
Market Cap (₹ Cr.) 2,829
Equity (₹ Cr.) 3,095.5
Face Value (₹) 10
Industry PE 14

Management X-Ray of Andhra Bank-Amalgama :

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 (%)

Event Update

Analyst's Notes

News

About Andhra Bank - (Amalgamated)

Andhra Bank was founded by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya. The Bank was registered on November 20, 1923 and commenced business on November 28, 1923 with a paid up capital of Rs1.00 lakh and an authorised capital of Rs10.00 lakhs.

Apart from regular banking services and solutions, Andhra Bank has introduced some attractive services such as AB Premium Current Account and AB Privilege Corporate Salary Savings Bank Account with extra benefits to the customers. Also, the bank has launched AB Saral Housing Loan scheme featuring housing loans upto Rs. 20 Lacs.

Andhra Bank has also partnered with various financial institutions like Kotak Mahindra, Reliance, Birla Sun Life Mutual Fund and Fidelity Mutual Fund, assisting them in sales of their Mutual Fund products. The bank has also signed a Memorandum of Understanding (MoU) with Maruti Suzuki Ltd. for financing 4 wheeler vehicles.

Andhra Bank is the first bank in India to have launched mobile biometric ATMs. These ATMs stop at predestinated sites, and instead of entering the personal identification number (PIN), the customers have to match their finger prints with their recorded finger prints in the bank database. This has enabled even the illiterate or uneducated customers of the bank to enjoy the ATM facility being offered by the bank.

Andhra Bank offers various special insurance and health benefit schemes including the Kiddy Bank Scheme and the Swashya Bima Yojana. Andhra Bank opened its first representative office in Dubai in May, 2006.

Services offered by the company:

Deposit SchemesRetail Loans Agriculture LoansCorporate Banking NRI Banking

RTGS- Real Time Gross Settlement System

AB Kisan Vikas Card- Andhra Bank takes a step forward in bringing the technology to farmers. The Pattabhi Agri Card (PAC), a Cash Credit facility for crop loans, has now access to ATM through Andhra Bank Kisan Vikas Card.

CMS- AB Cash Track is one of the technology-based products at the doorsteps for the fastest collection of cheques/DDs/payorder of the business community from various locations. Fastness, flexibility and foresight are the 3 Fs based on which its CMS is working and is standing FIRST in the servicing the business world. CMS is a value added service that ensures efficient cash flows of your business and eliminates idle floats and lowers the cost of funds.

ATMMobile - Andhra Bank the pioneer in several banking services and products, now brings banking services to the doorsteps of customers. Mobile ATMs, apart from expanding the reach of the bank, will also effectively function as a market point offering multiple services even in remote areas.

Western Union Money Transfer - Nearly 50% of the branches of Andhra Bank are designated centers to receive money under Western Union Money transfer.

DEMAT- Andhra Bank now offers the power of the value-added, service-oriented Demat account-AB Demat. Andhra Bank is Depository participant of Central Depository Services Ltd (CDSL).

Achievements/ recognition:

  • FINTECH Asia 2006 Award For 'Any Branch Banking (ABB)'
  • Ranked 683rd among Top 1000 Banks in the World
  • 2nd Highest Mover in the World having climbed 277 places over previous year
  • Ranked as the Top Number 1 Bank in Asia under the 'Return on Capital'
  • Adjudged Best Bank by Analyst Magazine - An ICFAI Publication
  • The Best Bank as per the Business Standard Annual Banking Survey, 2004-05
  • Best Bank Rating from Business Today Magazine
  • ICRA Rating for Corporate Governance
  • Award of Institute of Chartered Accountants of India for excellence in Financial Reporting
  • IBA Technology Award
  • Awards for SLBC, as Convenor Bank in the State of AP
  • Awards for Best Performance under Kharif Loans
  • Best Bank in lending to Agriculture
  • Best Banker in lending to Unemployed Youth under Rajiv Yuva Sakthi
  • In 2006 Andhra bank was awarded the Best Bank Award - a banking technology award by IDRBT, Hyderabad for extensive use of IT in semi-urban and rural areas. In 2007, the bank received the Best Presented Accounts Award 2005 from the South Asian Federation of Accountants centre in Colombo.
  • Andhra  Bank  has  emerged  as  BEST  BANK  MID-SIZE,  with  Rank 1, Size of Balance Sheet  Rs.90,380 Crore, Net Profit Rs.1,050 Crore      in  Businessworld - Pricewaterhousecoopers Survey for  India's Best Banks 2010.
  • The prestigious 'The Banker' - a Financial Times Limited Business Publication, July 2012 Issue published from London has ranked Andhra Bank as the ‘458th Largest Bank Globally', out of the Top 1000 World Banks' Annual Rankings.

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