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Dena Bank - (Amalgamated) Stock Analysis

Small Cap
Evaluated by 3037 users | BSE: 532121 | NSE: DENABANK |
Bank - Public
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...

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.
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'18
Net Interest Income (Rs. Cr.)1,0641,1001,7632,1012,3832,5052,4482,4772,4082,476
Y-o-Y Gr. Rt.33-3.3%60.3%19.2%13.4%5.1%-2.3%1.2%-2.8%2.8%
Total Income3,8784,5995,5677,3769,55510,89511,48511,36311,43310,096
Y-o-Y Gr. Rt.-18.6%21.1%32.5%29.5%14%5.4%-1.1%0.6%-11.7%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
14.7417.8218.3522.9423.1510.264.73-14.02-10.97-8.51
Y-o-Y Gr. Rt.-20.9%3%25%0.9%-55.7%-53.9%-396.4%NANA
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
67.9583.43103.76122.59140.25117.71118.9693.1473.6135.9
Y-o-Y 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 (%)
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1 : Not Good
Net Profit/Total Funds (%)0.970.960.951.020.810.460.21-0.71-0.66-1.54
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%): Colour Rating Guide
  • < 0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1: Not Good
Net NPA to Net Advances (%)1.091.211.221.011.392.353.826.3510.6611.95
To view Capital Adequacy Ratio Colour Rating Guide click here
Capital Adequacy Ratio: Colour Rating Guide
  • > 12% : Very Good
  • 9%-12% : Somewhat Good
  • <9%: Not Good
Capital Adequacy Ratio - - - - - - - - - 0%
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Dena Bank - (Amalgamated) should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Interest Income9.8%0.8%0.4%2.8%
Total Income11.2%1.1%-4.2%-11.7%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
-194.1%-181.9%-221.6%NA
Book Value per Share
-6.8%-23.9%-32.9%-51.2%
Share Price - - - -
Key Financial Ratios
RATIOS \ YEARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Interest Earned / Total Income88.9187.290.4192.1193.1491.5993.7293.6989.0588.48
Margins
To view Margins Colour Rating Guide click here
Margins: Colour Rating Guide
  • >2.75 : Very Good
  • 1.75-2.75 : Somewhat Good
  • <1.75 : Not Good
NIM (%)2.251.952.562.462.172.082.022.012.032.27
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15% : Very Good
  • 12%-15% : Somewhat Good
  • <12% : Not Good
Return on Equity (%)24.0523.5520.920.7217.629.824.08-14.52-14.39-27.66
Liquidity Ratio
To view Liquidity Ratio Colour Rating Guide click here
Liquidity Ratio: Colour Rating Guide
  • >35 : Very Good
  • 25-35 : Somewhat Good
  • <25 : Not Good
CASA (%) 34.7835.9635.5234.5528.9628.1827.8229.3738.2540.12
Entity Percentage Holding
Promoters 80.74%
Institutions 11.35%
Non-Institutions 7.91%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Dena Bank - (Amalgamated) and arrived at the following conclusion:

Past 10 year's financial track record indicates that Dena Bank - (Amalgamated) is a below average quality company. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company.

Data is not available for this company

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

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.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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