IDBI Bank Ltd.
Snapshot View

37.80 -0.15 ▼-0.4%

02 August 2021, 04:00:00 P.M.
Volume: 632,606

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.idbi.com
Financial Indicators
Market Cap 40,644.08 Cr.
Earnings per share (EPS) 1.82 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 20.81 Trailing Twelve Months Ending 2021-06
Industry PE 26.61 Trailing Twelve Months Ending 2021-06
Book Value / Share 29.72 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.27 Calculated using Price: 37.80
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1,075.24 Cr. 10,752,402,175 Shares
FaceValue 10
Company Profile

IDBI Bank Ltd. is operating as a full service universal bank that serves the customers from all segments. IDBI Bank has inherited a rich legacy from its predecessor entity - Industrial Development Bank of India - which was an apex Development Financial Institution (DFI) in the realm of industry from July 1, 1964 to September 30, 2004. As a DFI, the erstwhile IDBI stretched its canvas beyond mere project financing to cover an array of services that contributed towards balanced geographical spread of industries, development of identified backward areas, emergence of a new spirit of enterprise and evolution of a deep and vibrant capital market. As an universal bank, IDBI Bank touches the lives of millions of Indians through a wide array of banking products and services. Besides, the Bank has an established presence in associated financial sector businesses including capital market, investment banking and mutual fund business. The Bank’s very business philosophy is characterised by the commitment to provide relevant financial solutions, ensure maximum customer convenience through easy access to branches and ATMs as well as digital offerings and excellence in customer service.

Business area of the bank

IDBI Bank provides a wide gamut of financial products and services encompassing deposits, loans, payment services and investment solutions. It is committed to understanding its customers’ needs and aim at consistently delivering relevant financial solutions and excellent customer service. The bank provides different types of services. Retail banking: It provides a wide range of products and services like deposits, loans, NRI services, demat, pension account, mobile banking, internet banking, investment schemes such as mutual fund, insurance products, bonds, debentures etc. Corporate banking: It provides corporates project finance, film finance, foreign currency loan, working capital finance, treasury products, etc. Agri business and microfinance: It provides finance to agri businesses in the form of dairy loans, farm mechanization loans, financing for fisheries, poultry, piggery, warehouse receipt finance, etc. SME: IDBI Bank also offers products and services to SME sector.

Products/Services of the Bank

  • Preferred Banking
  • Savings Account
  • Kutumb - Family Banking
  • Flexi Current Account
  • Corporate Payroll Account
  • Fixed Deposit & Lockers
  • Loans
  • Pradhanmantri Social Security Scheme
  • Cards
  • PayApt-Mobile Wallet
  • 24 Hours Banking
  • FASTag
  • JusTab
  • Trusteeship through ITSL
  • Sukanya Samriddhi Account

Awards and Accolades

  • IDBI Bank received prestigious awards under APY Prime Championship Cup & APY Formation Day organised by Pension Fund Regulatory & Development Authority (PFRDA).
  • Ranked 13th amongst 51 banks/ financial institutions, with respect to progress made under digital banking, as per a report by the Ministry of Electronics and Information Technology (MeitY), GoI.
  • Ranked 3rd in the NSDL Star Performer Awards - 2019 in New Demat Accounts opened under the PSU-Bank Category at NSDL’s 34th DP Conference held in Mumbai.
  • Conferred BFSI Award under Digital Financial Inclusion category at 4th India Banking Reforms Conclave held at Mumbai for undertaking excellent steps to spread digital financial inclusion in remote areas.
  • Awarded National Award for its outstanding performance in SHG Bank Linkages 2018-19 (Private Sector Banks Category) under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY – NRLM).
  • Rajbhasha Award conferred on the Bank’s Zonal Office, New Delhi and Regional Office, Ludhiana by the respective Town Official Language Implementation Committee (TOLIC) for commendable performance in Rajbhasha implementation.
  • The Bank’s in-house Hindi Magazine ‘Vikas Prabha’ conferred the Best In-House Magazine citation from ‘Ashirvad’ - a renowned literary and cultural organisation.
  • Officials from the Department of Official Language, Ministry of Home Affairs, GoI, appreciated the inclusive implementation of Hindi in Bank’s working during their inspections.

Milestones

2010

  • IDBI Bank launched Portfolio Investment Scheme.

2012

  • IDBI Bank Launched ‘Urban Financial Inclusion Programme’ at Dhobi Ghat.
  • IDBI Bank Launched 24*7 Loan Monitoring System for its Retail and Corporate Clients. 
  • IDBI Bank Launched MSE Focused Branch in Jalandhar.
  • IDBI Bank launched India's first online Retail G-Sec Portal.

2013

  • IDBI Bank Introduced Digital Signature based authentication for Corporate Inet Banking Channel  IDBI Bank introduces online PPF Subscription Facility IDBI Bank establishes inland Letter of Credits (LCs) through Structured Financial Messaging System (SFMS) and introduces issuance of BRC in electronic form.
  • IDBI inked MoC with Exim Bank to co-finance export oriented companies. 
  • IDBI Bank introduced online PPF Subscription Facility.

2019

  • IDBI Bank has amongst other parties entered Share Purchase Agreement (SPA) with Muthoot Finance (Buyer).

2020

  • IDBI Bank has become the first lender to enable document embedding feature on a structured financial messaging system (SFMS) managed by Indian Financial Technology and Allied Services (IFTAS).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.40%
1 Week
-1.05%
1 Month
-1.18%
3 Month
+7.08%
6 Month
+25.79%
1 Year
-2.33%
2 Year
+34.52%
5 Year
-45.02%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 10.31 5.64 4.29 -16.05 -25.16 -47.02 -61.94 -42.86 4.85
Return on Assets (%) 0.62 0.36 0.28 -0.99 -1.37 -2.29 -4.47 -4.13 0.48
Net Interest Margin 1.73 1.90 1.80 1.85 1.83 1.91 2.27 2.89 3.49
Yield on Advances (%) 12.77 13.46 13.52 13.00 14.57 13.42 15.06 16.06 15.57

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 21,202 23,632 24,375 28,058 23,262 21,908 38,347 34,836 37,628
Minority Int. 36 44 51 61 71 86 97 104 113
Deposits 226,890 235,573 259,523 265,087 268,216 247,777 227,190 222,214 230,707
Borrowings 65,809 60,146 61,832 70,592 56,364 63,186 45,288 36,749 15,908
Other Liab. 8,729 9,555 10,263 11,476 14,575 17,953 10,190 6,797 14,297
Total Liab. 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653
Fixed Assets 2,946 3,000 3,080 7,522 7,433 6,853 8,310 8,207 7,873
Investments 98,433 103,419 97,347 92,810 93,075 91,848 93,328 81,996 81,471
Advances 196,306 197,686 208,377 215,893 190,826 171,740 146,790 129,845 128,152
Cash & Bank 17,960 16,849 14,643 23,308 32,732 33,781 21,304 30,495 35,308
Other Assets 7,022 7,996 32,598 35,741 38,422 46,687 51,379 50,156 45,849
Total Assets 322,666 328,950 356,044 375,275 362,488 350,909 321,111 300,699 298,653

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Interest Earned 25,076 26,608 28,164 28,058 27,805 23,046 22,102 20,854 19,956
Other Income 3,334 3,112 4,189 3,518 4,207 7,248 3,535 4,631 4,848
Total Income 28,410 29,720 32,354 31,576 32,013 30,294 25,637 25,485 24,804
Operating Exp. -3,212 -3,388 -4,105 -4,206 -5,243 -4,892 -5,258 -6,447 -6,176
Provisions -2,878 -3,988 -4,491 -10,369 -13,280 -20,538 -26,940 -14,125 -4,762
PBIT 22,320 22,344 23,758 17,001 13,490 4,864 -6,561 4,914 13,865
Interest -19,674 -20,558 -22,387 -21,931 -22,019 -17,376 -16,162 -13,841 -11,408
Tax -740 -620 -414 1,306 3,460 4,355 7,711 -3,920 -1,009
PAT 1,906 1,166 957 -3,624 -5,069 -8,157 -15,013 -12,847 1,449

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -299 -1,998 -1,991 -567 8,000 -12,514 -34,215 208 3,443
Cash Fr. Inv. -123 -223 -272 -715 -464 720 116 -296 -59
Cash Fr. Finan. 329 1,110 -61 2,927 1,889 12,843 21,622 9,279 1,428
Net Change -92 -1,111 -2,323 1,645 9,424 1,049 -12,477 9,191 4,813
Cash & Cash Eqvt 17,960 16,849 14,526 16,288 32,732 33,781 21,304 30,495 35,308

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 97.46 97.46 98.11 98.11 98.11 98.11 94.71 94.71 94.71
Public 2.54 2.54 1.89 1.89 1.89 1.89 5.29 5.29 5.29
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 29 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
In terms of Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby forward a copy of the advertisement published in newspapers in Respect of Un-audited Financial Results of the Bank for the quarter ended June 30 2021.

Kindly acknowledge receipt and take the above on record
Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation of Banks letter dated July 22 2021 advising the exchange about a conference call with Shareholders/ Investors/ Analysts for Financial Results for Q1 for FY 2021-22 proposed to be held at 5 p.m. on July 28 2021 please find
attached the copy of the Presentation being provided to the Shareholders/ Investors/ Analysts.

Kindly take the information on record in terms of SEBI (LODR)
Regulations 2015.
Wed, 28 Jul 2021
Un-Audited Financial Results For The Quarter Ended June 30 2021 And Limited Review Report Submitted By Statutory Central Auditors
In terms of Regulation 33 of the SEBI (LODR) Regulations 2015 we advise that the Board of Directors of IDBI Bank Ltd. at their meeting held on Wednesday July 28 2021 have taken on record the Un-audited Financial Results of the Bank for
the quarter ended June 30 2021. We enclose a statement of the results approved at the above meeting. The Board Meeting commenced at 11.00 a.m. and concluded at 12:40 p.m.

Further please find enclosed the limited review report for the quarter ended June 30 2021 received from M.P. Chitale & Co. and K. S. Aiyar & Co. Statutory Central Auditors of IDBI Bank Ltd.

Kindly acknowledge receipt and take the above on record.

Technical Scans View Details

Fri, 30 Jul 2021
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Closing Near 100 SMA Closing Near 100 SMA
Bearish Harami Bearish Harami
Thu, 29 Jul 2021
Closing Near 100 SMA Closing Near 100 SMA
Close Crossing 100 SMA From Below Close Crossing 100 SMA From Below

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