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Karur Vysya Bank Ltd
NSE: KARURVYSYA BSE: 590003 INE036D01028 Financial Services Bank 🔎 Screen
NIFTY 500 Smallcap 50 Smallcap 100 Smallcap 250
₹32,437 Cr
Market Cap
2.33
P/B
4.26%
NIM
19.1%
ROE
0.74%
GNPA
13.3%
Fin. Margin
-4.6%
% from 52W High
90
α RS
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.

✓ Strengths 1
  • Company has delivered good profit growth of 47.2% CAGR over last 5 years
! Concerns 4
  • Company has low interest coverage ratio.
  • Promoter holding is low: 2.07%
  • Contingent liabilities of Rs.14,661 Cr.
  • Company might be capitalizing the interest cost
Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
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3-Statement Financial Model
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Strong YoY profit growth driven by NII and loan expansion, but cost pressures and lower other income cause sequential operating profit decline. quarter Investor Presentation One-Pager? Jun 2026
Revenue
₹1,865 Cr
+22% YoY
PAT
₹756 Cr
+45% YoY
NIM
4.26%
+40 bps YoY, +1 bps QoQ (adjusted)
ROA
2.11%
+38 bps YoY, +1 bps QoQ
What Went Right
  • NII grew 32% YoY to ₹1,423 Cr, aided by 17% YoY advance growth and NIM expansion
  • Advances grew 17% YoY to ₹1,04,680 Cr; retail loans jumped 23% YoY to ₹27,770 Cr
  • Jewel loan portfolio scaled 27% YoY to ₹31,368 Cr while SMA 30+ remained low at 0.06%
  • NIM expanded 40 bps YoY to 4.26% (adjusted), driven by higher yield on advances (10.01%)
  • Net profit rose 45% YoY to ₹756 Cr; ROA improved 38 bps to 2.11%
What to Watch
  • Operating profit fell 12% QoQ to ₹1,096 Cr as other income dropped 28% QoQ (other income ex-fee down 49% QoQ)
  • Cost-to-income ratio worsened sequentially from 37.27% (Q4 FY26) to 41.79%; employee costs rose 17% QoQ
  • Gross NPA ratio inched up 8 bps YoY to 0.74%; PCR declined 55 bps YoY to 96.21%
  • Deposit cost remains sticky at 5.45%, limiting NIM expansion despite higher yields
Investor Lens
Karur Vysya Bank delivered a strong 45% YoY profit increase, supported by 32% NII growth and 17% loan expansion, with NIM improving 40 bps to 4.26%. However, the sequential trajectory showed cracks: operating profit fell 12% QoQ as other income slumped 49% and cost-to-income rose to 41.79% from 37.27%. Asset quality remains robust with GNPA at 0.74% and NNPA at 0.19%, but PCR has declined 55 bps YoY. The RAM-led growth strategy continues to drive market share gains, but higher cost pressures and a potential slowdown in fee income bear watching. The investment thesis remains intact given strong fundamentals and low credit costs, but valuation will need demonstrated cost discipline and sustainable NIM expansion. Next quarter focus: cost-to-income trajectory, NIM sustainability, and SMA movement.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Revenue up 19%, net profit surges 45% YoY; margins expand sharply.
Revenue
Revenue increased 18.7% YoY to ₹3,049 Cr, with sequential growth of 5.0%. Strong performance was driven by a 9% rise in financing margin and higher other income of ₹442 Cr.
Profitability
Net profit jumped 45.1% YoY to ₹756 Cr, with EPS improving to ₹7.82 from ₹5.40. ROE stood at 19.1%, reflecting efficient capital utilisation and robust earnings growth.
Margins
Financing margin expanded sharply to 18% from 9% YoY and 13% QoQ, indicating effective NIM management and better yield on advances. This contributed significantly to profitability.
Cash Flow
Skip — not applicable for banking/financial companies.
Balance Sheet
Balance sheet details are not explicitly provided, but margin expansion suggests healthy loan growth and stable cost of funds. Capital adequacy remains a key metric to watch.
Key Risks
Key risks include potential NIM compression from interest rate changes, asset quality stress in certain sectors, and regulatory shifts. D/E is structurally normal for banks and not a risk.
Outlook
Strong margin performance and rising profits position the bank well for sustained growth. However, credit costs and NIM trends need monitoring amid evolving macro conditions.
Generated by AI · Jun 2026 results · Not investment advice
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🏦 Banking KPIs

NIM, GNPA, CASA, CAR, ROA, ROE and more — extracted from investor presentations
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