MarketFriction

State Bank of Mysore(Merged)

NSE MYSOREBANK · BSE 532200
₹606.05 +1.17%
NSE close2017-03-15
Market cap₹2,910 Cr.
Merged or delisted Delivery 70.6%

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

Standalone, Rs crore
Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016
Sales1,6421,7151,7191,7151,7921,7981,8061,7481,7761,7641,6751,749
Expenses5965625485055955525046847001,479946821
Operating Profit1,0471,1531,1711,2101,1971,2461,3021,0641,076285729929
OPM %64%67%68%71%67%69%72%61%61%16%44%53%
Other Income182153182173260154164192300223273230
Interest1,1251,1871,2051,2221,2391,2621,2801,2421,2291,2221,2251,199
Depreciation2014161900000000
Profit before tax8310513114221813818614147-714-223-41
Tax %-28%29%22%33%38%32%29%-89%29%-34%-18%-51%
Net Profit10775102961369413227105-472-184-20
EPS in Rs22.2515.5821.2320.0328.3319.6027.505.6121.85-98.31-38.24-4.22
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016TTM
Sales1,3471,7762,4943,2473,5594,0795,0785,9656,3236,9407,1286,964
Expenses7346136658149171,3001,5931,6942,2102,1932,3653,946
Operating Profit6131,1641,8292,4342,6422,7793,4864,2714,1134,7474,7623,018
OPM %45%66%73%75%74%68%69%72%65%68%67%43%
Other Income4613554335154264555165965737688101,026
Interest7351,0931,7322,4092,3222,4433,4944,1254,3964,8535,0124,875
Depreciation54605843425050476166740
Profit before tax284366472497704742458695227596486-831
Tax %24%32%32%32%37%33%19%40%-21%31%26%
Net Profit217249319337446501369416274409358-571
EPS in Rs106.9778.8888.9157.1485.1774.55-118.92
Dividend Payout %15%14%11%11%8%9%13%13%5%7%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%12%6%-3%
Compounded Profit Growth5%-6%-5%-247%
Stock Price CAGR1%%%%
Return on Equity11%8%7%7%
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Sep 2016
Equity Capital363636363647474748484848
Reserves8991,1051,3422,2352,6293,6373,9424,2864,5014,8845,1944,547
Borrowings16,95123,01229,19436,74341,15446,53354,61260,82367,03471,75274,86377,254
Other Liabilities1,4512,6892,4981,4721,5901,8161,8032,0772,3932,7842,8702,452
Total Liabilities19,33726,84333,07040,48645,40952,03260,40467,23373,97679,46982,97584,301
Fixed Assets163133123731733725742818850922954985
CWIP000000861015170
Investments5,6946,9908,40311,37811,49412,92714,73316,77519,19018,06620,12420,010
Other Assets13,48119,72024,54428,37633,18238,38044,92149,63453,92660,46661,88063,306
Total Assets19,33726,84333,07040,48645,40952,03260,40467,23373,97679,46982,97584,301
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Cash from Operating Activity-198955347-563938-407679394-3651,734-275
Cash from Investing Activity-125-30-47-54-52-58-88-84-150-270-110
Cash from Financing Activity116156168-147-50426-168-168-49-149-171
Net Cash Flow-2071,080468-763837-39422142-5641,315-556
Free Cash Flow-323924300-617887-465590310-5151,464-384
CFO/OP-20%92%29%-14%46%-10%26%15%-7%39%-4%
Mar 2006Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016
Debtor Days00000000000
Inventory Days
Days Payable
Cash Conversion Cycle00000000000
Working Capital Days-130-319-246-56-82-1796-568262
ROCE %7%8%8%7%7%7%8%7%7%7%
Jun 2016Sep 2016Dec 2016
Promoters90.00%90.00%90.00%
FIIs0.00%0.03%0.05%
DIIs2.69%2.51%2.51%
Public7.31%7.46%7.44%
No. of Shareholders27,66228,43327,339

Fundamentals

Market Cap₹ 2,910 Cr.
Current Price₹ 606
Book Value₹ 957
ROCE7.01 %
ROE7.05 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-3%
Compounded Profit Growth (TTM)-247%
Standalone figures.
Valuation
Market capRs 2,910 Cr
Enterprise valueRs 74,107 Cr
Price to book0.56x
Price to sales0.42x
EV / EBITDA17.99x
EV / EBIT18.32x
EV / sales10.64x
Earnings yield-19.62%
Dividend yield0.99%
P/E, 3-year average5.93x
P/B, 3-year average0.41x
P/E, 5-year average6.10x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)66.81%
Operating margin (incl. other income)78.18%
EBITDA margin59.15%
Pre-tax margin-11.93%
Net profit margin-8.20%
Net margin, latest quarter-1.16%
ROE7.03%
ROCE7.01%
ROA0.44%
ROE, 3-year average7.28%
ROCE, 3-year average7.04%
ROA, 3-year average0.45%
ROE, 5-year average8.29%
ROCE, 5-year average7.24%
ROA, 5-year average0.53%
ROIC (approx.)3.90%
Tax rate26.36%
Other income / net worth15.45%
Growth
Sales growth (latest year)2.71%
Profit growth (latest year)-12.46%
Sales CAGR, 3 years6.11%
Sales CAGR, 5 years11.81%
Profit CAGR, 3 years-4.90%
Profit CAGR, 5 years-6.49%
Sales growth QoQ4.46%
Sales growth YoY (latest quarter)0.04%
Profit growth YoY (latest quarter)-175.17%
Per share
EPS (TTM)Rs -118.88
EPS (latest year)Rs 74.53
EPS (latest quarter)Rs -4.22
EPS, 3-year averageRs 72.26
EPS, 5-year averageRs 76.92
Book value per shareRs 1,091.73
Sales per shareRs 1,450.36
Cash flow per shareRs -57.26
Free cash flow per shareRs -79.98
Dividend per share (latest year)Rs 6.00
Dividend per share, 3-year averageRs 5.00
Dividend per share, 5-year averageRs 7.30
Dividends
Dividend payout8.05%
Dividend payout, 3-year average6.78%
Dividend payout, 5-year average9.19%
Efficiency
Asset turnover0.09x
Fixed asset turnover7.47x
Cash conversion cycle0 days
Working capital days62 days
Leverage
Total debtRs 74,863 Cr
Cash and bankRs 3,666 Cr
Net debtRs 71,197 Cr
Debt to equity14.28x
Net debt / EBITDA17.29x
Interest coverage0.83x
Owners' fund to total sources6.32%
Debt to assets90.22%
Cash flow
Cash from Operating Activity (latest year)Rs -275 Cr
Cash from Investing Activity (latest year)Rs -110 Cr
Cash from Financing Activity (latest year)Rs -171 Cr
Net Cash Flow (latest year)Rs -556 Cr
Free cash flow (latest year)Rs -384 Cr
FCFE (approx.: FCF + change in debt)Rs 2,727 Cr
Cash from ops / profit, 5 years1.19x
Statement figures
Net sales (TTM)Rs 6,964 Cr
Net sales (latest year)Rs 7,128 Cr
Sales (latest quarter)Rs 1,749 Cr
Operating profit excl. other income (latest year)Rs 4,762 Cr
Operating profit (latest quarter)Rs 929 Cr
Other income (TTM)Rs 1,026 Cr
EBITDA (TTM)Rs 4,119 Cr
PBDT (TTM)Rs -757 Cr
Profit before tax (TTM)Rs -831 Cr
Tax (latest year)Rs 128 Cr
Net profit (TTM)Rs -571 Cr
Net profit (latest year)Rs 358 Cr
Net profit (latest quarter)Rs -20 Cr
Depreciation (TTM)Rs 74 Cr
Interest (TTM)Rs 4,875 Cr
Cost of goods sold (latest year)Rs 5 Cr
Total expenditure (latest year)Rs 2,365 Cr
Total income (latest year)Rs 7,938 Cr
Share capitalRs 48 Cr
ReservesRs 5,194 Cr
Shareholders' fundsRs 5,242 Cr
Total assetsRs 82,975 Cr
Net blockRs 954 Cr
Capital work in progressRs 17 Cr
InvestmentsRs 20,124 Cr
Other liabilitiesRs 2,870 Cr
Shares outstanding (crore)4.80
Ownership
Promoter holding90.00%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodMYSOREBANKNifty 50Difference
1 week+3.6%-2.8% +6.4 pts
1 month+5.4%-6.8% +12.1 pts
3 months+6.4%-7.6% +14.0 pts
6 months+9.0%+0.4% +8.6 pts
1 year+61.2%-9.9% +71.1 pts
2 years+13.6%-13.6% +27.1 pts
3 years+63.5%+14.2% +49.3 pts
5 years+18.9%+27.9% -9.0 pts

Red flags

F-score 3 of 8
explainLow interest cover Interest cover 1.1x in 2016
lookProfit leans on other income Other income was 167% of pre-tax profit in 2016
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 2016
Sales ₹1,749 Cr +0.1% vs Dec 2015. Net loss ₹20 Cr.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2016-05-05 Annual General Meeting/ Dividend - Rs 6/- Per Share
2015-05-14Annual General Meeting/Dividend Re 1/- Per Share
2015-04-09Interim Dividend - Rs 5/- Per Share
2014-05-08Annual General Meeting
2014-04-10Interim Dividend - Rs 3/- Per Share
2013-05-08Annual General Meeting
2013-03-22Interim Dividend Rs 11.50 Per Share (Purpose Revised)
2012-05-08Annual General Meeting
2012-03-27Interim Dividend Rs.10/- Per Share (Purpose Revised)
2011-05-04Dividend Rs 10 Per Share (Purpose Revised) (Book Closure Revised)
2010-09-02Rights 3:10 @ Premium Rs.530/- Per Share
2010-04-26Dividend-Rs.10/- Pr Sharepurpose Revised
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 State Bank of Mysore(Merged)?

State Bank of Mysore(Merged) (MYSOREBANK) has a market capitalisation of Rs 2,910 Cr. at the 2017-03-15 close.

What were State Bank of Mysore(Merged)'s latest quarterly results?

In the Dec 2016 quarter, State Bank of Mysore(Merged) sales was Rs 1,749 Cr (+0.1% vs Dec 2015) with a net loss of Rs 20 Cr.

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