MarketFriction

Federal Bank Ltd

NSE FEDERALBNK · BSE 500469 · Private Sector Bank
₹318.20 +0.25%
NSE close2026-10-01
52 week range190.56 - 371.70
Market cap₹79,173 Cr.
P/E16.9
Nifty 200Nifty 500Nifty Midcap 50Nifty Midcap 100Midcap 150Nifty Midcap SelectNifty BankNifty Private Bank No price band Delivery 57.4%

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue5,7916,0856,3396,7287,0067,2657,1087,1517,2167,3607,9477,862
Interest3,5443,7603,9364,2124,3934,5704,4564,5404,4294,4014,4024,538
Expenses1,6611,8141,9172,0482,1492,3492,2652,5062,5192,5953,0172,665
Financing Profit586511486468463346386105267365528659
Financing Margin %10%8%8%7%7%5%5%1%4%5%7%8%
Other Income7579088109361,0109311,0471,1641,1051,1431,1861,082
Depreciation000000000000
Profit before tax1,3431,4201,2961,4041,4731,2771,4341,2701,3731,5071,7141,741
Tax %26%25%25%26%25%26%23%25%26%25%19%25%
Net Profit1,0071,0679961,0471,1159511,1209511,0231,1251,3921,302
EPS in Rs4.234.263.994.204.473.854.443.744.034.445.445.09
Gross NPA %2.27%2.28%2.11%
Net NPA %0.68%0.68%0.63%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue7,8268,7839,91511,63513,59014,31414,38217,81223,56528,10629,67430,385
Interest5,2595,6536,2267,3168,6788,4357,9599,97514,49517,63117,77217,770
Expenses2,5292,7493,3313,5724,6085,5275,7585,8286,7928,52310,33210,796
Financing Profit383823587473043526642,0092,2781,9521,5711,819
Financing Margin %0%4%4%6%2%2%5%11%10%7%5%6%
Other Income8081,0841,1601,3351,8821,9722,1212,4363,2163,9244,5984,515
Depreciation1081241251221261151391822342883060
Profit before tax7391,3421,3931,9602,0602,2092,6464,2635,2615,5885,8636,335
Tax %34%36%35%35%25%25%26%26%25%25%24%
Net Profit4868679351,3181,5901,6801,9963,2103,9644,2344,4914,843
EPS in Rs2.835.034.746.637.938.349.3714.9515.9316.9317.6319.00
Dividend Payout %25%18%21%21%0%8%19%7%8%7%7%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth14%16%19%7%
Compounded Profit Growth24%21%11%16%
Stock Price CAGR16%31%30%66%
Return on Equity12%13%13%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171344345394397399399421423487491493
Reserves7,5297,7208,60711,88013,10114,42416,10518,83521,69929,61834,04739,550
Deposits70,82379,17197,662111,970134,879152,252172,186181,678212,988252,455283,484313,491
Borrowing2,3935,2366,34512,3298,70612,52812,27119,58725,86225,16032,59633,193
Other Liabilities1,9932,2342,5272,6403,4693,7514,0065,7217,03110,1199,53415,354
Total Liabilities82,90994,706115,486139,214160,552183,353204,967226,241268,004317,839360,152402,081
Fixed Assets4465084774524624775046438909961,4561,420
CWIP2716151018281329816772108
Investments20,34924,92027,91230,59531,67635,71536,73239,06548,70261,04366,05876,471
Other Assets62,08769,26287,081108,158128,397147,133167,717186,504218,330255,733292,567324,081
Total Assets82,90994,706115,486139,214160,552183,353204,967226,241268,004317,839360,152402,081
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5,158-1,5573,431-5,0517,8733,73111,179-7,7744896,4318,8014,349
Cash from Investing Activity-1,3641,990-2,384-1,579-3,378-4,688-3,913901-9,860-8,912-3,799-11,118
Cash from Financing Activity-3,5442059858,371-3,6373,661-2088,1936,0383,8717,4012,069
Net Cash Flow2506392,0321,7418582,7047,0581,320-3,3321,39012,403-4,700
Free Cash Flow5,039-1,7173,338-5,1457,7503,58511,053-8,06286,1148,0504,063
CFO/OP100%-29%64%-66%107%49%134%-80%14%46%52%29%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %15%6%10%9%10%11%11%11%15%15%13%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
FIIs27.02%29.38%28.57%28.63%27.72%26.32%26.28%26.86%25.54%24.94%26.05%27.71%
DIIs45.74%44.39%45.16%44.97%46.95%48.90%49.07%48.17%49.71%51.10%50.39%49.27%
Government0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%
Public27.25%26.23%26.28%26.40%25.32%24.77%24.66%24.96%24.74%23.96%23.56%23.00%
No. of Shareholders7,82,9007,96,9598,70,0108,55,8878,51,1998,51,1748,47,9818,51,0498,48,3728,23,2588,21,7008,11,380

Fundamentals

Market Cap₹ 79,173 Cr.
Current Price₹ 320
Stock P/E16.9
Book Value₹ 162
ROCE6.39 %
ROE11.6 %
Dividend Yield0.37 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)16%
Consolidated figures.
Valuation
Market capRs 78,413 Cr
Enterprise valueRs 409,521 Cr
P/E (TTM)16.74x
Price to book1.96x
Price to sales2.58x
EV / EBITDA16.78x
EV / EBIT16.99x
EV / sales13.48x
Price to cash flow18.03x
Earnings yield5.97%
Dividend yield0.38%
P/E, 3-year average11.84x
P/B, 3-year average1.39x
P/E, 5-year average10.95x
P/B, 5-year average1.30x
Profitability
Operating margin (excl. other income)65.18%
Operating margin (incl. other income)80.68%
EBITDA margin80.34%
Pre-tax margin20.85%
Net profit margin15.41%
Net margin, latest quarter15.98%
ROE11.65%
ROCE6.41%
ROA1.14%
ROE, 3-year average13.13%
ROCE, 3-year average6.80%
ROA, 3-year average1.23%
ROE, 5-year average13.14%
ROCE, 5-year average6.27%
ROA, 5-year average1.18%
ROIC (approx.)4.97%
Tax rate23.54%
Other income / net worth11.48%
Growth
Sales growth (latest year)5.58%
Profit growth (latest year)4.48%
Sales CAGR, 3 years18.55%
Sales CAGR, 5 years15.70%
Profit CAGR, 3 years11.15%
Profit CAGR, 5 years21.16%
Sales growth QoQ-1.07%
Profit growth QoQ-6.33%
Sales growth YoY (latest quarter)9.94%
Profit growth YoY (latest quarter)36.78%
Per share
EPS (TTM)Rs 19.00
EPS (latest year)Rs 17.63
EPS (latest quarter)Rs 5.10
EPS, 3-year averageRs 16.83
EPS, 5-year averageRs 14.96
Book value per shareRs 162.49
Sales per shareRs 123.30
Cash flow per shareRs 17.65
Free cash flow per shareRs 16.49
Dividend per share (latest year)Rs 1.20
Dividend per share, 3-year averageRs 1.20
Dividend per share, 5-year averageRs 1.28
Dividends
Dividend payout6.81%
Dividend payout, 3-year average7.14%
Dividend payout, 5-year average9.46%
Efficiency
Asset turnover0.07x
Fixed asset turnover20.89x
Leverage
Total debtRs 346,684 Cr
Cash and bankRs 15,577 Cr
Net debtRs 331,107 Cr
Debt to equity8.66x
Net debt / EBITDA13.56x
Interest coverage1.36x
Owners' fund to total sources9.96%
Debt to assets86.22%
Cash flow
Cash from Operating Activity (latest year)Rs 4,349 Cr
Cash from Investing Activity (latest year)Rs -11,118 Cr
Cash from Financing Activity (latest year)Rs 2,069 Cr
Net Cash Flow (latest year)Rs -4,700 Cr
Free cash flow (latest year)Rs 4,063 Cr
FCFE (approx.: FCF + change in debt)Rs 34,668 Cr
Cash from ops / profit, 5 years0.69x
Sales to cash flow6.82x
Statement figures
Net sales (TTM)Rs 30,385 Cr
Net sales (latest year)Rs 29,674 Cr
Sales (latest quarter)Rs 7,862 Cr
Operating profit excl. other income (latest year)Rs 19,343 Cr
Operating profit (latest quarter)Rs 5,197 Cr
Other income (TTM)Rs 4,515 Cr
EBITDA (TTM)Rs 24,410 Cr
PBDT (TTM)Rs 6,640 Cr
Profit before tax (TTM)Rs 6,335 Cr
Tax (latest year)Rs 1,380 Cr
Net profit (TTM)Rs 4,683 Cr
Net profit (latest year)Rs 4,345 Cr
Net profit (latest quarter)Rs 1,256 Cr
Depreciation (TTM)Rs 306 Cr
Interest (TTM)Rs 17,770 Cr
Cost of goods sold (latest year)Rs 185 Cr
Total expenditure (latest year)Rs 10,332 Cr
Total income (latest year)Rs 34,272 Cr
Share capitalRs 493 Cr
ReservesRs 39,550 Cr
Shareholders' fundsRs 40,043 Cr
Total assetsRs 402,081 Cr
Net blockRs 1,420 Cr
Capital work in progressRs 108 Cr
InvestmentsRs 76,471 Cr
Other liabilitiesRs 15,354 Cr
Shares outstanding (crore)246.43
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 16.7 is at the 66th percentile of its own 9.4-year range (median 14.4, low 7.6, high 34.6).
P/B 1.96 is at the 81th percentile (median 1.64).
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.
PeriodFEDERALBNKNifty 50Difference
1 week-3.4%-2.8% -0.6 pts
1 month-8.9%-6.8% -2.1 pts
3 months-2.8%-7.6% +4.8 pts
6 months+22.7%+0.4% +22.3 pts
1 year+64.6%-9.9% +74.5 pts
2 years+69.6%-13.6% +83.1 pts
3 years+116.2%+14.2% +102.0 pts
5 years+282.7%+27.9% +254.8 pts
332 mutual fund schemes hold about ₹31,477 Cr. Over three months 209 bought more and 70 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund4.21%4,560 +4%
Kotak Mid Cap Fund2.76%1,964 +11%
Axis Midcap Fund4.40%1,515 +7%
Nippon India Growth Mid Cap Fund2.80%1,462 +5%
Invesco India Midcap Fund5.98%951 +10%
Canara Rob Large and Mid Cap Fund3.25%855 +4%
Edelweiss Mid Cap Fund3.73%743 -1%
HDFC Small Cap Fund1.77%740 +7%
HSBC Midcap Fund3.96%681 -3%
SBI Midcap Fund2.62%642 +9%
SBI Midcap Fund2.62%638 +9%
DSP Midcap Fund2.66%560 +7%
HSBC Value Fund3.37%518 +7%
Aditya Birla SL Flexi Cap Fund1.69%490 +1%
Invesco India Contra Fund2.23%460 +3%
Aditya Birla SL ELSS Tax Saver Fund3.01%437 +11%
Mirae Asset Midcap Fund2.03%424 -27%
HSBC Small Cap Fund2.11%403 +4%
Axis ELSS-Tax Saver Fund1.19%390 +32%
Invesco India Large & Mid Cap Fund3.16%372 +0%
Sundaram Mid Cap Fund2.47%367 -1%
Sundaram Mid Cap Fund2.47%359 -1%
SBI Multicap Fund1.45%357 +7%
UTI Nifty200 Momentum 30 Index Fund3.96%334 +10%
Franklin India Mid Cap Fund2.50%326 -6%

Red flags

F-score 5 of 8
explainLow interest cover Interest cover 1.3x in 2026
lookProfit leans on other income Other income was 78% of pre-tax profit in 2026
lookAuditor change Auditor change 2026-05-16: The Federal Bank Limited has informed the Exchange regarding Change in Auditors of the company.
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.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-02-06Manians Family Trust II-other970,000Rs 17.81 CrOff Market
2021-07-30Mathews JohnEmployees/Designated Employeother34,880Rs 0.31 CrPledge Creation
2021-07-26K BalakrishnanDirectorsell60,500Rs 0.52 CrMarket Sale
2021-05-21PETER M PEmployees/Designated Employesell10,000Rs 0.08 CrMarket Sale
2021-03-02ASHUTOSH KHAJURIADirectorother152,000Rs 1.27 CrOff Market
2021-02-16ASHUTOSH KHAJURIADirectorother100,000Rs 0.85 CrInvocation of pledge
2021-02-01SEBASTIAN P TKey Managerial Personnelsell35,000Rs 0.27 CrMarket Sale
2020-12-03ASHUTOSH KHAJURIAKey Managerial Personnelother200,000Rs 1.31 CrPledge Creation
2020-11-27ASHUTOSH KHAJURIAKey Managerial Personnelother200,000Rs 0.76 CrESOP
2020-11-18Santhosh Kumar REmployees/Designated Employesell15,000Rs 0.09 CrMarket Sale
2020-11-12ASHUTOSH KHAJURIAKey Managerial Personnelother52,000Rs 0.30 CrPledge Creation
2020-07-24GEORGE JACOBEmployees/Designated Employesell27,803Rs 0.16 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹7,862 Cr +9.9% vs Jun 2025. Net profit ₹1,302 Cr +36.9%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
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ICICI Bank Ltd927,63816.57.18 %
Kotak Mahindra Bank Ltd403,87520.26.98 %
Axis Bank Ltd377,39613.66.24 %
IDBI Bank Ltd89,5899.615.92 %
IDFC First Bank Ltd68,51730.55.98 %
IndusInd Bank Ltd68,40951.75.68 %
Yes Bank Ltd65,00517.25.98 %
RBL Bank Ltd62,37671.25.77 %
Karur Vysya Bank Ltd30,75111.27.62 %
Bandhan Bank Ltd29,85622.16.41 %
City Union Bank Ltd21,29315.26.74 %
Jammu and Kashmir Bank Ltd15,3726.675.84 %
Tamilnad Mercantile Bank Ltd13,6749.477.51 %
South Indian Bank Ltd12,7608.456.42 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Rs 1.20 Per Share
2025-08-22Dividend - Rs 1.20 Per Share
2024-08-23Annual General Meeting/Dividend - Rs 1.20 Per Share
2023-08-11Annual General Meeting/Dividend - Re 1 Per Share
2022-07-19Annual General Meeting/Dividend - Rs 1.80 Per Share
2021-07-01 Annual General Meeting/Dividend - Rs 0.70 Per Share
2020-07-09 Annual General Meeting
2019-07-17 Annual General Meeting/Dividend - Rs 1.4 Per Share
2018-08-02 Annual General Meeting/Dividend- Re 1 Per Share
2017-07-03 Annual General Meeting/Dividend - Re 0.90 Per Share
2016-07-29 Annual General Meeting/ Dividend -Re 0.70 Per Share
2015-07-08Bonus 1:10.5000
2015-05-28Annual General Meeting / Dividend - Rs 2.20/- Per Share
2014-07-04Annual General Meeting / Dividend - Rs 2/- Per Share
2013-10-17Face Value Split From Rs.10/- To Rs.2/-0.2000
2013-07-09Annual General Meeting/Dividend Rs 9/- Per Share
2012-07-20Annual General Meeting And Dividend Rs.9/- Per Share
2011-08-23Annual General Meeting And Dividend Rs.8.50 Per Share
2010-09-02Annual General Meeting And Dividend Rs.5/- Per Share
2009-08-11Dividend-Rs.5/- Per Share
2008-07-10Agm/Dividend - 40%
2007-11-19Rights-Eq 1:1@Prem Rs.240
2007-08-16Agm/Dividend-40%
2006-09-07Agm/Dividend-35%
DateTypeWhat it says
2026-09-30General UpdatesRetirement of Independent Director
2026-09-28General UpdatesIntimation of Appointment of Mr. Virat Sunil Diwanji as Executive Director on the Board of the Bank
2026-09-27General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-09-25News clarificationThe Exchange has sought clarification from The Federal Bank Limited with respect to recent news item captioned Exclusive Federal Bank-Jana SFB deal...
2026-09-25News clarificationThe Exchange has sought clarification from The Federal Bank Limited with respect to recent news item captioned Exclusive Federal Bank-Jana SFB deal...
2026-09-22Credit RatingCredit Rating
2026-09-19General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-09-18General UpdatesEstablishment of US$ 500 million medium term note programme ( MTN Programme )
2026-09-17Board meeting outcomeOutcome of Board Meeting held on September 17, 2026.
2026-09-16Concall / analyst meetSchedule of meet
2026-09-13General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-09-08Investor PresentationInvestor Presentation
2026-09-08General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-09-05Concall / analyst meetSchedule of meet
2026-08-30General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-08-27Concall / analyst meetSchedule of meet
2026-08-25General UpdatesClarification under Regulation 30(11) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( ...
2026-08-24Concall / analyst meetSchedule of meet
2026-08-22General UpdatesAllotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
2026-08-21Board meeting outcomeOutcome of Board Meeting held on August 21, 2026.
2026-08-21General UpdatesDisclosure under Regulation 30 of SEBI LODR Regulations 2015
2026-08-21Shareholder meetingVoting results.
2026-08-21Shareholder meetingProceedings of Annual General Meeting held on August 21, 2026
2026-08-20Concall / analyst meetSchedule of meet
2026-08-19Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest1.00
Max pain (expiry 2026-10-27)330
Largest call open interest at330
Largest put open interest at320
Implied volatility, at the money27.7%
Underlying at snapshot318.20
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-3027,427
2026-09-292,769
2026-09-281
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-03-19NCLTFederal Bank Vs Dharti Dredging and Infrastructure Ltd
2021-03-08NCLTAlba Industries Limited Vs Federal Bank Ltd
2020-12-16NCLATVK Abdul Rahim VS The Federal Bank Ltd & Anr
2020-12-04NCLATVK Abdul Rahim VS The Federal Bank Ltd & Anr
2020-11-04NCLATPlatino Classic Motors India Pvt Ltd VS Federal Bank Ltd
2020-03-04NCLATSuraj Jose VS Federal Bank Ltd & Anr.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Federal Bank Ltd?

Federal Bank Ltd (FEDERALBNK) has a market capitalisation of Rs 79,173 Cr. at the 2026-10-01 close.

What is the P/E ratio of Federal Bank Ltd?

Federal Bank Ltd trades at a P/E of 16.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Federal Bank Ltd's latest quarterly results?

In the Jun 2026 quarter, Federal Bank Ltd revenue was Rs 7,862 Cr (+9.9% vs Jun 2025) and net profit was Rs 1,302 Cr.

What is the 52-week high and low of Federal Bank Ltd?

The 52-week high is Rs 371.70 and the 52-week low is Rs 190.56.

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