FEDERALBNK

Federal Bank Share Price

₹196.07
-2.55 (-1.28%)
16 October, 2024 09:56 BSE: 500469 NSE: FEDERALBNK ISIN: INE171A01029

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Federal Bank Performance

Day Range

  • Low 196
  • High 198
₹ 196

52 Week Range

  • Low 137
  • High 207
₹ 196
  • Open Price197
  • Previous Close199
  • Volume1750592

Federal Bank Chart

  • Over 1 Month + 5.12%
  • Over 3 Month + 0.68%
  • Over 6 Month + 26.5%
  • Over 1 Year + 31.24%

Federal Bank Key Statistics

P/E Ratio 11.9
PEG Ratio 0.7
Market Cap Cr 48,084
Price to Book Ratio 1.6
EPS 15.1
Dividend 0.6
Relative Strength Index 61.39
Money Flow Index 69.88
MACD Signal -0.31
Average True Range 5.21

Federal Bank Investment Rating

  • Master Rating:
  • Federal Bank has an operating revenue of Rs. 28,354.52 Cr. on a trailing 12-month basis. An annual revenue growth of 32% is outstanding, Pre-tax margin of 20% is great, ROE of 12% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 15% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 147 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Federal Bank Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 6,3315,9785,7305,4555,0254,721
Operating Expenses Qtr Cr 1,7061,8391,5491,4621,3491,309
Operating Profit Qtr Cr 1,5011,1101,4371,3241,3021,335
Depreciation Qtr Cr 000000
Interest Qtr Cr 4,0393,7833,6073,3993,1062,811
Tax Qtr Cr 347299339327293315
Net Profit Qtr Cr 1,0109061,0079548540
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 25,26819,134
Operating Expenses Annual Cr 6,1984,768
Operating Profit Annual in Cr 5,1744,794
Depreciation Cr 215165
Interest Annual Cr 13,8959,571
Tax Annual Cr 1,2581,034
Net Profit Annual Cr 3,7213,011
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 7,5532,870
Cash from Investing Activity Annual Cr -8,852-9,818
Cash from Financing Annual Activity Cr 2,5773,643
Net Cash Flow Annual Cr 1,278-3,306
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 29,09421,506
Fixed Assets Annual Cr 1,020934
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 246,432210,425
Total Assets Annual Cr 308,312260,342
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 119102
ROE Annual % 1314
ROCE Annual % 66
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 6,7286,3396,0855,7915,3505,012
Operating Expenses Qtr Cr 1,8751,9931,7001,6041,4691,449
Operating Profit Qtr Cr 1,5771,2201,5341,4001,3671,394
Depreciation Qtr Cr 000000
Interest Qtr Cr 4,2123,9363,7603,5443,2552,938
Tax Qtr Cr 364324357343311329
Net Profit Qtr Cr 1,0289711,035994880954
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 26,78220,248
Operating Expenses Annual Cr 6,7675,211
Operating Profit Annual in Cr 5,5215,062
Depreciation Cr 234182
Interest Annual Cr 14,4959,975
Tax Annual Cr 1,3331,087
Net Profit Annual Cr 3,8803,165
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 6,431489
Cash from Investing Activity Annual Cr -8,908-9,844
Cash from Financing Annual Activity Cr 3,8716,038
Net Cash Flow Annual Cr 1,394-3,316
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 30,10522,122
Fixed Assets Annual Cr 1,063972
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 255,733218,330
Total Assets Annual Cr 317,839268,004
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 124105
ROE Annual % 1314
ROCE Annual % 66
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Federal Bank Technicals

EMA & SMA

Current Price
₹196.07
-2.55 (-1.28%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹191.00
  • 50 Day
  • ₹190.35
  • 100 Day
  • ₹185.06
  • 200 Day
  • ₹173.96
  • 20 Day
  • ₹190.33
  • 50 Day
  • ₹192.75
  • 100 Day
  • ₹186.55
  • 200 Day
  • ₹169.92

Federal Bank Resistance and Support

PIVOT
₹198.01
Resistance
First Resistance 200.42
Second Resistance 202.22
Third Resistance 204.63
RSI 61.39
MFI 69.88
MACD Single Line -0.31
MACD 0.45
Support
First Support 196.21
Second Support 193.80
Third Supoort 192.00

Federal Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 24,677,229 771,163,406 31.25
Week 12,880,539 459,964,033 35.71
1 Month 12,739,027 523,446,630 41.09
6 Month 14,351,736 566,463,010 39.47

Federal Bank Result Highlights

Federal Bank Synopsis

NSE-Banks-Money Center

Federal Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 22188.26 Cr. and Equity Capital is Rs. 487.07 Cr. for the Year ended 31/03/2024. Federal Bank Ltd. is a Public Limited Listed company incorporated on 23/04/1931 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L65191KL1931PLC000368 and registration number is 000368.
Market Cap 48,710
Sales 26,757
Shares in Float 245.24
No of funds 420
Yield 0.6
Book Value 1.66
U/D Vol ratio 1.2
LTDebt / Equity 62
Alpha 0.01
Beta 0.94

Federal Bank Shareholding Pattern

Owner NameJun-24Mar-24Dec-23
Promoters
Mutual Funds 33.79%34.88%35.23%
Insurance Companies 9.67%9.11%8.13%
Foreign Portfolio Investors 28.63%28.57%29.38%
Financial Institutions/ Banks 0.01%0.01%0.03%
Individual Investors 18.79%18.8%18.38%
Others 9.11%8.63%8.85%

Federal Bank Management

Name Designation
Mr. Abhaya Prasad Hota Part Time Chairman & Independent Director
Mr. Shyam Srinivasan Managing Director & CEO
Mr. Harsh Dugar Executive Director
Ms. Shalini Warrier Executive Director
Mr. Sudarshan Sen Independent Director
Ms. Varsha Purandare Independent Director
CA. Manoj Fadnis Independent Director
Mr. Siddhartha Sengupta Independent Director
Mr. Sankarshan Basu Independent Director
Mr. Ramanand Mundkur Independent Director
Mr. Elias George Independent Director

Federal Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Federal Bank Corporate Action

Date Purpose Remarks
2024-07-24 Quarterly Results
2024-05-02 Audited Results & Final Dividend
2024-01-16 Quarterly Results
2023-10-16 Quarterly Results
2023-07-24 Others inter alia, to consider and approve the Issue price, including any discount, if any thereto as permitted under the SEBI ICDR Regulations, for the Equity Shares to be allotted to QI Buyers. the proposal to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs. 700,00,00,000/- (Rupees Seven Hundred Crores

About Federal Bank

Federal Bank is a leading banking institution in India, serving a diverse customer base across both urban and rural areas. The bank's mission is to be one of the most admired banks in the country, driven by its 'Digital at the Fore, Human at the Core' proposition. With a strong focus on digital innovations, Federal Bank aims to redefine the banking experience and shape the future of banking in the country.

The bank's emphasis on digital capabilities has positioned it as a sought-after player in the neo-banking space. Over the past decade, Federal Bank has laid a solid foundation by investing in digital technologies, resulting in a remarkable 86% share of digital transactions. The launch of digital products and marketing initiatives has been a strategic move to leverage the new realities of the banking landscape effectively.

In addition to its growth and digital prowess, Federal Bank remains dedicated to reaching the underbanked and underserved populations in India. Through neo-banking partnerships and a focus on 'inclusive finance,' the bank aims to transform small businesses across the country. The bank innovates and deploys unique solutions to empower these businesses, making them more sustainable and efficient.

With its continuous commitment to digital advancements, inclusivity, and societal impact, Federal Bank is poised to become 'The Perfect Banking Partner' for all Indians. Its focus on 'Digital at the Fore, Human at the Core' reflects its drive to enhance customer experiences and provide meaningful solutions to diverse banking needs. As the bank broadens its horizons and leverages technology for growth and inclusivity, it remains dedicated to serving people both within and outside the organization.

The History of Federal Bank

Here's a brief overview of the bank's history:

Formation and Inception (1931)
Federal Bank was founded on April 23, 1931, as the "Travancore Federal Bank Limited" at Pattamukkil Varattisseril, a small town in Kerala, India. It began its operations as a private sector bank under the guidance of its founders K.P. Hormis and his associates.

Early Years and Expansion (1931-1947)
During its initial years, Federal Bank focused on providing banking services primarily to the local trading community in Kerala. Despite facing challenges during the pre-independence period, the bank managed to expand its operations to cater to a wider customer base.

Technology and Innovation (1980s-1990s)
During the 1980s and 1990s, Federal Bank embraced technological advancements and modern banking practices. The bank introduced various electronic services, making banking more accessible and convenient for its customers.

Pan-India Presence and Growth (2000s-2010s)
Federal Bank embarked on a path of expansion, opening branches across various states in India. The bank aimed to become a pan-India player and diversified its service offerings to cater to retail, corporate, and NRI customers.

Digital Transformation and Innovation (2010s-Present)
In recent years, Federal Bank has placed significant emphasis on digital transformation, embracing innovative technologies to enhance customer experiences and improve operational efficiency. The bank introduced a range of digital products and services, contributing to its position as a leader in the neo-banking space.

Federal Bank - Some Important Facts

Federal Bank is a prominent private sector bank in India with a rich history and significant achievements. Here are some important facts about Federal Bank:

Total Assets (2024)

Federal Bank's total assets amounted to ₹3.08 lakh crores as on March 2024. The bank's substantial asset base reflects its financial strength and stability.

Customer Base: The bank serves a diverse customer base, including individuals, non-resident Indians (NRIs), and businesses. Its products and services cater to the unique financial needs of each segment.

Digital Initiatives: Federal Bank has been actively embracing digital transformation to enhance customer experiences and improve operational efficiency. The bank offers a range of digital banking solutions, making it a sought-after player in the neo-banking space.

Services and Offerings: Federal Bank provides a comprehensive suite of banking services, including retail and corporate banking, wealth management, insurance, foreign exchange, and trade finance. It also offers specialized services for NRIs, making it a preferred choice for the Indian diaspora.

Federal Bank - Awards Received

● Indian Chamber of Commerce Emerging Asia Banking Awards (2023)
● Mad Over Marketing's Social Media Awards 'MOMMYS 2023'
● Customer FEST Award (2023)
● India's Best Workplaces (2023)
● Best Private Sector Bank at the SFKBC Banking Excellence Award (2022)
● Finnoviti Award (2022)
● India's Best Mid-Sized Bank (2021)
● Best Bank Among Old Private Sector Banks of the Country (2021)

Federal Bank FAQs

What is Share Price of Federal Bank ?

Federal Bank share price is ₹196 As on 16 October, 2024 | 09:42

What is the Market Cap of Federal Bank ?

The Market Cap of Federal Bank is ₹48084.2 Cr As on 16 October, 2024 | 09:42

What is the P/E ratio of Federal Bank ?

The P/E ratio of Federal Bank is 11.9 As on 16 October, 2024 | 09:42

What is the PB ratio of Federal Bank ?

The PB ratio of Federal Bank is 1.6 As on 16 October, 2024 | 09:42

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Q2FY23