FEDERALBNK

Federal Bank Share PriceFederal Bank

₹150.25
0.3 (0.2%)
As on 29 November, 2023 | 20:51 BSE: 500469 NSE: FEDERALBNKISIN: INE171A01029

Federal Bank Performance

Day Range

  • Low 149.15
  • High 150.50
₹ 150.25

52 Week Range

  • Low 120.90
  • High 155.20
₹ 150.25
  • Open Price150.35
  • Previous Close149.95
  • Volume7318824

Start SIP in Federal Bank

Start SIP

Federal Bank Share Price

  • Over 1 Month 7.67%
  • Over 3 Month 4.02%
  • Over 6 Month 19.72%
  • Over 1 Year 13.44%

Federal Bank Key Statistics

P/E Ratio 10
PEG Ratio 0.2
Market Cap Cr 36,544
Price to Book Ratio 1.7
EPS 12.4
Dividend 0.7
Relative Strength Index 59
Money Flow Index 45.51
MACD Signal 0.86
Average True Range 2.75

Federal Bank Investment Rating

  • Master Rating:
  • Federal Bank has an operating revenue of Rs. 23,682.54 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 21% is great, ROE of 14% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 154 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 declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Federal Bank Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5,4555,0254,7214,4334,0213,6293,483
Operating Expenses Qtr Cr 1,4621,3491,3091,2161,1591,0841,192
Operating Profit Qtr Cr 1,3241,3021,3351,2741,212973798
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,3993,1062,8112,4772,2592,0241,958
Tax Qtr Cr 327293315272241206182
Net Profit Qtr Cr 9548540804704601541
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 19,13415,750
Operating Expenses Annual Cr 4,7684,293
Operating Profit Annual in Cr 4,7943,758
Depreciation Cr 165123
Interest Annual Cr 9,5717,699
Tax Annual Cr 1,034646
Net Profit Annual Cr 3,0111,890
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,870-6,497
Cash from Investing Activity Annual Cr -9,818813
Cash from Financing Annual Activity Cr 3,6437,110
Net Cash Flow Annual Cr -3,3061,425
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 21,50618,794
Fixed Assets Annual Cr 934634
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 210,425181,133
Total Assets Annual Cr 260,342220,946
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10289
ROE Annual % 1410
ROCE Annual % 65
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5,7915,3505,0124,6984,2593,8433,686
Operating Expenses Qtr Cr 1,6041,4691,4491,3301,2561,1761,279
Operating Profit Qtr Cr 1,4001,3671,3941,3481,2811,039862
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,5443,2552,9382,5852,3492,1042,030
Tax Qtr Cr 343311329282256220196
Net Profit Qtr Cr 994880954843733634588
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 20,24816,502
Operating Expenses Annual Cr 5,2114,592
Operating Profit Annual in Cr 5,0623,951
Depreciation Cr 182139
Interest Annual Cr 9,9757,959
Tax Annual Cr 1,087681
Net Profit Annual Cr 3,1651,970
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 489-7,774
Cash from Investing Activity Annual Cr -9,844908
Cash from Financing Annual Activity Cr 6,0388,193
Net Cash Flow Annual Cr -3,3161,327
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 22,12219,256
Fixed Assets Annual Cr 972672
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 218,330186,504
Total Assets Annual Cr 268,004226,241
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10592
ROE Annual % 1410
ROCE Annual % 65
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Federal Bank Technicals

EMA & SMA

Current Price
₹150.25
0.3 (0.2%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹147.52
  • 50 Day
  • ₹145.65
  • 100 Day
  • ₹142.22
  • 200 Day
  • ₹136.56
  • 20 Day
  • ₹147.32
  • 50 Day
  • ₹146.54
  • 100 Day
  • ₹141.98
  • 200 Day
  • ₹135.20

Federal Bank Resistance and Support

PIVOT
₹149.97
Resistance
First Resistance 150.78
Second Resistance 151.32
Third Resistance 152.13
RSI 59.00
MFI 45.51
MACD Single Line 0.86
MACD 0.97
Support
First Resistance 149.43
Second Resistance 148.62
Third Resistance 148.08

Federal Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 8,376,709 487,440,697 58.19
Week 7,020,429 353,478,600 50.35
1 Month 10,648,292 557,864,040 52.39
6 Month 15,324,974 698,359,055 45.57

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. 16803.63 Cr. and Equity Capital is Rs. 423.24 Cr. for the Year ended 31/03/2023. 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 36,556
Sales 22,364
Shares in Float 243.22
No of funds 422
Yield 0.67
Book Value 1.48
U/D Vol ratio 0.7
LTDebt / Equity 90
Alpha
Beta 1.26

Federal Bank

Owner NameOct-23Sep-23Jun-23Jul-23
Promoters
Mutual Funds 35.57%37.01%34.91%33.13%
Insurance Companies 7.39%7.63%7.3%7.57%
Foreign Portfolio Investors 29.43%27.02%28.02%26.27%
Financial Institutions/ Banks 0.03%0.02%0.28%0.37%
Individual Investors 18.69%19.15%20.16%22.94%
Others 8.89%9.17%9.33%9.72%

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. Siddhartha Sengupta Independent Director
CA. Manoj Fadnis Independent Director
Ms. Varsha Purandare Independent Director
Mr. Sudarshan Sen Independent Director
Mr. Ramanand Mundkur Independent Director
Mr. Sankarshan Basu 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
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
2023-07-21 Others inter alia, to consider and approve Issuance of equity shares by way of a preferential allotment and Borrowing/ raising of funds in Indian Currency or any other permitted foreign currency. 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
2023-07-13 Quarterly Results
2023-05-05 Audited Results & Final Dividend

Federal Bank MF Shareholding

Name Amount(cr)
ICICI Prudential Balanced Advantage Fund Growth 49,871
HDFC Mid-Cap Opportunities Fund Growth 47,846
Mirae Asset Large Cap Fund Regular Growth 34,377
Kotak Emerging Equity Scheme Growth 33,700
ICICI Prudential Value Discovery Fund Growth 32,494

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 (2023)
Federal Bank's total assets amounted to 291.15 billion INR (Indian Rupees) in 2023. 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 ₹150 As on 29 November, 2023 | 20:37

What is the Market Cap of Federal Bank ?

The Market Cap of Federal Bank is ₹36543.6 Cr As on 29 November, 2023 | 20:37

What is the P/E ratio of Federal Bank ?

The P/E ratio of Federal Bank is 10 As on 29 November, 2023 | 20:37

What is the PB ratio of Federal Bank ?

The PB ratio of Federal Bank is 1.7 As on 29 November, 2023 | 20:37

Q2FY23