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Dena Bank - (Amalgamated) (DENABANK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532121 NSE: DENABANK Bank - Public | Small Cap | Dena Bank-(Amalgamat Share Price

BSE Share Price
Not Listed

Dena Bank - (Amalgamated) (DENABANK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532121 NSE: DENABANK Bank - Public | Small Cap | Dena Bank-(Amalgamat Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹2,844 Cr.
Current Price
₹0
52-Week Low / High
₹11 / 13
TTM EPS
₹-11.3
TTM Sales
₹8,549 Cr.
Book Value per Share
₹30
P/E Ratio
0.00
Industry PE
9
Price to Book (P/B)
0.42
EV/EBITDA
0.46
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-27.66%
Return on Capital Employed (ROCE)
-20.99%
Net Interest Margin (NIM)
2.27%
Return on Assets (ROA)
-1.54%
Growth Momentum
1-yr vs 3-yr growth
Deposit Growth (1 Year)
Slowing versus 3-year growth rate
-6.86%
Net Interest Income Growth (1 Year)
Improving versus 3-year growth rate
2.8%
Book Value Growth (1 Year)
Slowing versus 3-year growth rate
-51.23%
Asset Quality
CASA
40.1%
Gross NPA(%)
22.04%
Net NPA(%)
11.95%
Cost to Income Ratio
67.82%
Cost of Liabilities
5.89%
Reserves
₹4,526 Cr.
Equity
₹2,259.1 Cr.
Face Value
₹10
All Time Low / High
₹5.00 / 151.00

Dena Bank - (Amalgamated) stock performance

Key Ratios
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10 Year X-Ray : Login to view analysis.

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.
Dena Bank - (Amalgamated) has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Net Interest Income (₹ Cr.)1,0641,1001,7632,1012,3832,5052,4482,4772,4082,4762,600
YoY Gr. Rt. %-3.3%60.3%19.2%13.4%5.1%-2.3%1.2%-2.8%2.8%-
Total Income3,8784,5995,5677,3769,55510,89511,48511,36311,43310,0969,631
YoY Gr. Rt. %-18.6%21.1%32.5%29.5%14%5.4%-1.1%0.6%-11.7%-
Adj EPS (₹ ) 14.717.818.422.923.210.34.7-14-11-8.5-11.3
YoY Gr. Rt. %-20.9%3%25%0.9%-55.7%-53.9%-396.4%NANA-
BVPS (₹ )6883.4103.8122.6140.3117.711993.173.635.930
YoY Gr. Rt. %-22.8%24.4%18.2%14.4%-16.1%1.1%-21.7%-21%-51.2%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)11110.80.50.2-0.7-0.7-1.50
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)1.11.21.211.42.43.86.410.71210.4
To view Capital Adequacy Ratio (%) Colour Rating Guide click here
Capital Adequacy Ratio (%)-----------

CAGR

9 Years 5 Years 3 Years 1 Years
Net Interest Income9.8%0.8%0.4%2.8%
Total Income11.2%1.1%-4.2%-11.7%
Adj EPS-194.1%-181.9%-221.6%NA
BVPS-6.8%-23.9%-32.9%-51.2%
Share Price - - - -

Key Financial Ratios

RATIOS \ YEARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Interest Earned / Total Income88.9187.290.4192.1193.1491.5993.7293.6989.0588.4888.8
Margins To view Margins Colour Rating Guide click here
NIM (%)2.322.62.52.22.12222.30
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)24.123.620.920.717.69.84.1-14.5-14.4-27.7-37.5
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)34.83635.534.62928.227.829.438.340.1-

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Income +3,877.624,598.995,567.377,376.309,554.8510,895.2011,484.8211,362.5311,433.0710,095.75
Interest Income 3,447.504,010.365,033.536,794.138,899.399,978.4810,763.4810,645.7310,181.678,932.22
Other Income 430.13588.63533.84582.17655.46916.73721.33716.801,251.401,163.52
Expenditure +3,151.263,758.414,343.585,847.877,815.999,121.1810,154.5510,437.2310,042.868,924.59
Interest Expense 2,383.072,910.333,270.164,693.136,516.297,473.408,315.628,168.997,773.316,456.41
Operating Expenses 768.19848.081,073.421,154.751,299.701,647.781,838.922,268.252,269.552,468.18
Provisions163.88127.66278.12458.28653.271,177.711,332.642,473.552,331.354,146.12
Profit Before Tax541.43686.79898.06965.921,032.42257.9767.64-1,550.88-1,275.35-3,178.75
Taxes 118.77175.54286.43162.78222.04-293.69-197.84-615.56-411.73-1,255.60
Profit After Tax 422.66511.25611.63803.14810.38551.66265.48-935.32-863.62-1,923.15
Adjusted EPS (₹)14.7417.8218.3522.9423.1510.264.73-14.02-10.97-8.51
Dividend Payout Ratio (%)8.10%11.20%12%13.10%20.30%21.50%19%0%0%0%

Valuation of Dena Bank-(Amalgamat - 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'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Share Capital 286.82286.82333.39350.06350.06537.82561.15666.93787.152,259.05
Total Reserves 1,883.672,314.873,322.544,127.275,413.956,604.676,878.986,474.546,105.666,943.76
Deposits43,050.6151,344.2864,209.6277,166.8097,207.151,10,027.691,15,936.081,17,430.961,13,942.771,06,130.14
Borrowings 1,443.131,561.921,691.663,880.958,413.665,160.933,4366,271.335,060.883,561
Minority Interest0000000000
Other Liabilities 1,796.272,078.701,281.221,862.842,055.612,532.383,108.342,597.873,634.051,965.86
Total Liabilities 48,460.5157,586.5870,838.4287,387.921,13,440.421,24,863.491,29,920.551,33,441.641,29,530.511,20,859.80

Assets

Balance with RBI 4,982.414,355.034,721.415,194.968,644.496,243.959,085.055,348.746,010.865,894.74
Balance with Banks874.71759.49687.40356.241,176.92128.77590.6329.15253.4762.73
Investments 12,473.0815,694.2318,768.9123,027.6534,343.1036,612.0732,761.9335,226.2239,737.2337,609.56
Advances 28,877.9635,462.4444,828.0456,692.5465,781.2277,553.7778,934.3282,328.3372,574.6265,581.52
Net Block 405.07407.06403.59405.161,109.951,126.661,153.501,367.021,574.531,549.18
Other Assets847.20908.111,428.911,709.902,382.583,180.107,395.049,140.989,377.3410,153.93
Total Assets 48,460.5157,586.5870,838.4287,387.921,13,440.421,24,863.491,29,920.551,33,441.641,29,530.511,20,859.80

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity 1,674.22-633.029.28302.663,843.63-4,543.973,510.86-5,168.39110.28-1,712.91
Cash Flow From Investing Activity -36.09-45.67-42.16-78.82-81.72-106.78-129.72-144.05-51.50-75.30
Cash Flow From Financing Activity 181.32-63.91327.17-81.45508.311,202.07-78.171,014.65827.661,481.34
Net Cash Flow 1,819.46-742.59294.29142.394,270.21-3,448.693,302.96-4,297.80886.44-306.87

Financial Ratio

PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Operational & Financial Ratios

EPS (₹)14.7017.8018.4022.9023.2010.304.70-14-11-8.50
DPS (₹)1.2022.2034.702.200.90000
BVPS (₹)6883.4103.8122.6140.3117.711993.173.635.9

Margin Ratios

Yield on Advances (%)11.911.311.212.013.512.913.612.914.013.6
Yield on Investments (%)7.17.16.56.96.37.88.27.78.98.3
Cost of Liabilities (%)5.45.55.05.86.26.57.06.66.55.9
NIM (%)2.32.02.62.52.22.12.02.02.02.3
Interest Spread (%)6.65.86.36.27.46.46.76.37.57.7

Performance Ratios

ROA (%)1.01.01.01.00.80.50.2-0.7-0.7-1.5
ROE (%)24.123.620.920.717.69.84.1-14.5-14.4-27.7
ROCE (%)23.021.522.116.511.74.73.4-9.1-5.5-21.0

Efficiency Ratios

Cost to Income Ratio (%)51.450.246.743.042.848.258.071.062.067.8
Operating Costs to Assets (%)1.61.51.51.31.21.31.41.71.82.0

Valuation Parameters

Price/Book(x)0.50.91.00.70.60.50.40.30.50.5

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

Dena Bank - (Amalgamated) FAQs

The current trading price of Dena Bank-(Amalgamat on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Dena Bank-(Amalgamat stood at ₹2,844.1 Cr

The latest P/E ratio of Dena Bank-(Amalgamat as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Dena Bank-(Amalgamat as of 31-Dec-1969 is 0.42.

The 52-week high of Dena Bank-(Amalgamat is ₹12.83 and the 52-week low is ₹10.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dena Bank-(Amalgamat is ₹8,549 ( Cr.) .

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

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

No data found

About Dena Bank - (Amalgamated)

Dena Bank was founded on May 26, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company.

It became a Public Limited Company in December 1939 and later the name was changed to Dena Bank.

In July 1969 Dena Bank along with 13 other major banks was nationalized and is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Under the provisions of the Banking Regulations Act 1949, in addition to the business of banking, the Bank can undertake other business as specified in Section 6 of the Banking Regulations Act, 1949.

Dena Bank has been the first Bank to introduce - Minor Savings Scheme, Credit card in rural India known as 'DENA KRISHI SAKH PATRA' (DKSP), Drive-in ATM counter of Juhu, Mumbai, Smart card at selected branches in Mumbai and Customer rating system for rating the Bank Services.

Milestones

  • One among six Public Sector Banks selected by the World Bank for sanctioning a loan of Rs 72.30 crore for augmentation of Tier-II Capital under Financial Sector Developmental project in the year 1995
  • One among the few Banks to receive the World Bank loan for technological up-gradation and training
  • Launched a Bond Issue of Rs 92.13 crore in November 1996
  • Maiden Public Issue of Rs 180 crore in November 1996
  • Introduced Tele banking facility of selected metropolitan centers
  • In June 2011, Dena Bank on its 74th Foundation Day, launched its Mobile Banking and Phone Banking facilities for its customers.

Products and Services

  • Personal Banking- It offers various products and services such saving account, loans, deposits, ATM facility, RTGS/NEFT facility, Internet banking, demat services, etc.
  • Priority and SME- It also caters services to Priority and SME segment such as providing various kinds of products to meet their various agricultural and business requirements.
  • Corporate Finance - According to various business needs of corporates in the corporate sector, its offers products and services as per their requirements.
  • It also provides banking services to NRI Clients such as saving accounts, various deposit schemes, remittance services, loans and overdraft facility, etc.
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