MarketFriction

Andhra Bank(Merged)

NSE ANDHRABANK · BSE 532418
₹9.10 -3.19%
NSE close2020-03-19
Market cap₹2,817 Cr.
Merged or delisted Delivery 54.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Sales4,5914,8224,8674,9235,0345,0305,008
Expenses2,7512,7922,9293,9812,2952,5052,510
Operating Profit1,8402,0301,9389412,7402,5262,498
OPM %40%42%40%19%54%50%50%
Other Income725726742890689856911
Interest3,0683,0273,0993,0323,3123,2653,162
Depreciation0000000
Profit before tax-503-271-418-1,200117117247
Tax %8%63%37%1%71%61%29%
Net Profit-537-433-566-1,2063956185
EPS in Rs-4.48-3.61-3.26-4.180.130.190.62
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Sales5,3756,3738,30311,36212,97214,39716,51217,79818,23218,20919,20320,074
Expenses1,4301,6223,0223,1193,5415,0515,6116,4438,29314,90812,32211,833
Operating Profit3,9454,7515,2808,2439,4319,34610,90011,3569,9393,3016,8818,241
OPM %73%75%64%73%73%65%66%64%55%18%36%41%
Other Income7839651,1511,2451,5702,0362,2762,1133,0883,0973,0883,499
Interest3,7474,1775,0697,5789,15110,55811,83012,31412,49611,64012,22412,797
Depreciation82102112999095124148156199136140
Profit before tax8991,4371,2511,8111,7617281,2231,007375-5,441-2,391-1,197
Tax %27%27%0%27%27%41%48%46%50%-38%16%13%
Net Profit6561,0501,2551,3341,285440656558207-3,366-2,742-1,324
EPS in Rs13.5321.6422.4223.8522.957.4610.888.193.04-28.08-9.51-4.28
Dividend Payout %33%23%25%23%22%15%18%6%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%4%3%5%
Compounded Profit Growth%%%52%
Stock Price CAGR-17%%%%
Return on Equity-2%-12%-21%-10%
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Equity Capital4854855605605605906036816811,1992,8843,096
Reserves3,1753,9425,9666,9417,8958,1729,49110,34510,7489,73810,4479,345
Borrowings62,73083,52999,783114,078134,922155,073170,371184,057204,343226,405230,168226,863
Other Liabilities2,1172,4283,0253,6854,1835,5657,2087,60410,6498,77010,5459,289
Total Liabilities68,50790,383109,332125,264147,559169,400187,673202,687226,421246,111254,044248,592
Fixed Assets3233383113143184071,2341,3171,4961,4761,5651,496
CWIP13182234434363471075
Investments16,93820,91124,43430,07738,37646,77147,87456,05962,38967,94066,91565,286
Other Assets51,23469,11684,56594,871108,861122,179138,522145,248162,489176,686185,557181,805
Total Assets68,50790,383109,332125,264147,559169,400187,673202,687226,421246,111254,044248,592
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Cash from Operating Activity-5285,520-1,251-982-8831,883-3,0357,8019,572-11,92214,664-7,534
Cash from Investing Activity-197-122-68-81-95-222-238-272-161-132-76-65
Cash from Financing Activity318482611-637-6371,1531,327-6,136-60010,332-15,4983,653
Net Cash Flow-4075,880-709-1,700-1,6152,815-1,9461,3948,810-1,722-910-3,946
Free Cash Flow-7255,398-1,320-1,063-9781,661-3,2737,5309,413-12,06314,581-7,603
CFO/OP-2%126%-7%-2%1%27%-24%74%101%-359%228%-77%
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days021613280836-39-291071287157
ROCE %8%7%7%8%8%7%8%7%6%3%4%5%
Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020
Promoters61.26%69.77%69.77%77.99%77.99%77.99%84.83%90.85%87.81%87.81%87.81%88.25%
FIIs6.31%4.86%4.97%2.69%2.27%2.33%1.75%1.00%0.91%0.83%0.71%0.62%
DIIs15.66%12.31%12.70%9.54%9.25%8.42%5.82%3.51%3.31%3.32%3.36%3.21%
Public16.77%13.06%12.56%9.78%10.49%11.26%7.61%4.64%7.97%8.04%8.13%7.92%
No. of Shareholders2,27,1592,23,1332,12,8752,20,3662,23,5872,24,8512,25,8532,24,8062,39,2072,39,4602,39,7572,38,812

Fundamentals

Market Cap₹ 2,817 Cr.
Current Price₹ 9.10
Book Value₹ 40.2
ROCE4.81 %
ROE-10.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)52%
Consolidated figures.
Valuation
Market capRs 2,817 Cr
Enterprise valueRs 221,949 Cr
Price to book0.23x
Price to sales0.15x
EV / EBITDA22.25x
EV / EBIT22.57x
EV / sales11.56x
Earnings yield-97.34%
P/B, 3-year average0.43x
P/E, 5-year average12.72x
P/B, 5-year average0.39x
Profitability
Operating margin (excl. other income)41.05%
Operating margin (incl. other income)58.48%
EBITDA margin51.94%
Pre-tax margin-12.45%
Net profit margin-14.28%
Net margin, latest quarter-24.50%
ROE-10.27%
ROCE4.81%
ROA-0.53%
ROE, 3-year average-20.99%
ROCE, 3-year average3.88%
ROA, 3-year average-1.02%
ROE, 5-year average-11.17%
ROCE, 5-year average5.00%
ROA, 5-year average-0.53%
ROIC (approx.)4.79%
Tax rate-12.70%
Other income / net worth28.13%
Growth
Sales growth (latest year)4.54%
Sales CAGR, 3 years3.26%
Sales CAGR, 5 years3.98%
Sales growth QoQ1.14%
Per share
EPS (TTM)Rs -8.86
EPS (latest year)Rs -4.28
EPS (latest quarter)Rs -3.90
EPS, 3-year averageRs -13.95
EPS, 5-year averageRs -6.12
Book value per shareRs 40.19
Sales per shareRs 62.03
Cash flow per shareRs -24.34
Free cash flow per shareRs -24.56
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 5-year average6.10%
Efficiency
Asset turnover0.08x
Fixed asset turnover13.42x
Cash conversion cycle0 days
Working capital days57 days
Leverage
Total debtRs 226,863 Cr
Cash and bankRs 7,730 Cr
Net debtRs 219,132 Cr
Debt to equity18.24x
Net debt / EBITDA21.97x
Interest coverage0.80x
Owners' fund to total sources5.00%
Debt to assets91.26%
Cash flow
Cash from Operating Activity (latest year)Rs -7,534 Cr
Cash from Investing Activity (latest year)Rs -65 Cr
Cash from Financing Activity (latest year)Rs 3,653 Cr
Net Cash Flow (latest year)Rs -3,946 Cr
Free cash flow (latest year)Rs -7,603 Cr
FCFE (approx.: FCF + change in debt)Rs -10,908 Cr
Statement figures
Net sales (TTM)Rs 19,203 Cr
Net sales (latest year)Rs 20,074 Cr
Sales (latest quarter)Rs 4,923 Cr
Operating profit excl. other income (latest year)Rs 8,241 Cr
Operating profit (latest quarter)Rs 941 Cr
Other income (TTM)Rs 3,083 Cr
EBITDA (TTM)Rs 9,974 Cr
PBDT (TTM)Rs -2,251 Cr
Profit before tax (TTM)Rs -2,391 Cr
Tax (latest year)Rs 152 Cr
Net profit (TTM)Rs -2,742 Cr
Net profit (latest year)Rs -1,324 Cr
Net profit (latest quarter)Rs -1,206 Cr
Depreciation (TTM)Rs 140 Cr
Interest (TTM)Rs 12,225 Cr
Cost of goods sold (latest year)Rs 141 Cr
Total expenditure (latest year)Rs 11,833 Cr
Total income (latest year)Rs 23,573 Cr
Share capitalRs 3,096 Cr
ReservesRs 9,345 Cr
Shareholders' fundsRs 12,441 Cr
Total assetsRs 248,592 Cr
Net blockRs 1,496 Cr
Capital work in progressRs 5 Cr
InvestmentsRs 65,286 Cr
Other liabilitiesRs 9,289 Cr
Shares outstanding (crore)309.55
Ownership
Promoter holding88.25% (-2.60 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.21 is the lowest in 3.5 years (median 0.96).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodANDHRABANKNifty 50Difference
1 week-4.7%-2.8% -1.9 pts
1 month-39.9%-6.8% -33.1 pts
3 months-47.9%-7.6% -40.2 pts
6 months-52.8%+0.4% -53.3 pts
1 year-66.3%-9.9% -56.4 pts
2 years-76.8%-13.6% -63.3 pts
3 years-83.9%+14.2% -98.1 pts
5 years-88.5%+27.9% -116.4 pts

Red flags

F-score 3 of 8
explainShare dilution Share count up 7% in a year, 354% in three
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2019
Sales ₹5,008 Cr +2.9% vs Dec 2018. Net profit ₹185 Cr +132.7%.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2019-07-19 Annual General Meeting
2018-06-29 Annual General Meeting
2017-07-13 Annual General Meeting
2016-07-13 Annual General Meeting/ Dividend - Re 0.50 Per Share
2015-06-30Annual General Meeting/ Dividend - Rs 2/- Per Share
2014-07-11Annual General Meeting
2014-01-22Interim Dividend - Rs 1.10/- Per Share (Purpose Revised)
2013-07-11Annual General Meeting / Final Dividend Rs.5/- Per Equity Share
2012-06-27Annual General Meeting And Dividend - Rs.5.50 Per Share
2011-06-15Annual General Meeting And Dividend Rs.5.50 Per Share
2010-06-03Annual General Meeting And Dividend Rs.5/- Per Share
2009-06-12Agm/Div-Rs.4.50 Per Share
2009-01-30Election Of Director
2008-06-10Agm/Dividend - 20%
2008-03-14Interim Dividend - 20% Purpose Revised
2007-06-19Agm/Final Dividend-18%
2007-03-22Interim Dividend-20% Purpose Revised
2006-05-12Dividend-35%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Andhra Bank(Merged)?

Andhra Bank(Merged) (ANDHRABANK) has a market capitalisation of Rs 2,817 Cr. at the 2020-03-19 close.

What were Andhra Bank(Merged)'s latest quarterly results?

In the Dec 2019 quarter, Andhra Bank(Merged) sales was Rs 5,008 Cr (+2.9% vs Dec 2018) and net profit was Rs 185 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03