MarketFriction

RBL Bank Ltd

NSE RBLBANK · BSE 540065 · Private Sector Bank
₹411.40 +2.00%
NSE close2026-10-01
52 week range261.60 - 429.60
Market cap₹62,376 Cr.
P/E71.2
IPO 2016 · +83% since Nifty 500Nifty Smallcap 50Nifty Smallcap 100Smallcap 250Nifty Private Bank No price band Delivery 29.8%

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue3,0083,1913,3393,4963,5313,5363,4763,4413,5073,6673,7203,840
Interest1,5331,6461,7391,7961,9161,9511,9131,9601,9572,0102,0492,186
Expenses2,0892,0162,0022,0132,2512,8512,4872,2902,2552,4342,4632,290
Financing Profit-614-470-402-313-636-1,266-924-809-704-777-792-636
Financing Margin %-20%-15%-12%-9%-18%-36%-27%-24%-20%-21%-21%-17%
Other Income7047788758059271,0731,0001,0699331,0501,069959
Depreciation000000000000
Profit before tax91307473493292-19276261229273277324
Tax %-224%24%25%25%24%-117%10%23%22%22%17%22%
Net Profit2942333533722233369200179214230254
EPS in Rs4.893.875.836.133.660.541.133.292.913.473.721.64
Gross NPA %3.12%3.12%2.65%2.69%2.88%2.92%2.60%2.78%2.32%1.88%1.45%1.30%
Net NPA %0.78%0.80%0.74%0.74%0.79%0.53%0.29%0.45%0.57%0.55%0.39%0.37%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue2,7443,7134,5086,3018,5148,3298,1769,67712,39414,03914,33614,735
Interest1,9252,4922,7413,7614,8854,5414,1494,6786,3517,5767,9768,201
Expenses8331,2341,7812,5614,6494,8246,3186,1117,6199,3829,2089,442
Financing Profit-14-12-15-21-1,019-1,037-2,292-1,113-1,576-2,919-2,848-2,909
Financing Margin %-1%-0%-0%-0%-12%-12%-28%-12%-13%-21%-20%-20%
Other Income4917551,0681,4421,9101,8842,3412,4893,0433,8064,1214,011
Depreciation4862871221381581641962152192340
Profit before tax4286819671,299753689-1151,1801,2526681,0401,102
Tax %32%35%34%33%33%26%-35%25%7%-4%21%
Net Profit292446635867506508-758831,168695822876
EPS in Rs9.0111.8915.1320.329.948.49-1.2514.7219.3011.4413.3111.74
Dividend Payout %17%15%14%13%15%0%0%10%8%9%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%11%14%5%
Compounded Profit Growth11%10%-2%67%
Stock Price CAGR3%16%17%45%
Return on Equity6%5%6%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital293325375420427509598600600605608618
Reserves1,9362,6643,9606,2647,12110,07412,06512,01912,97714,19114,99915,987
Deposits17,09924,34934,58843,90258,39457,81273,12179,00784,887103,494110,944139,018
Borrowing6,96310,5367,9809,26111,83217,00711,22611,09313,33114,18413,73416,794
Other Liabilities8121,2871,7712,0032,5853,5763,6413,4914,0825,9586,4418,268
Total Liabilities27,10439,16148,67561,85180,35988,978100,651106,209115,876138,432146,725180,685
Fixed Assets153158224303363408442467529525570545
CWIP1019353140622482457721
Investments9,79214,43613,48215,44816,84018,15023,23022,27428,87529,57632,16532,078
Other Assets17,14824,54834,93446,06963,11670,35876,95483,38686,427108,324113,984148,041
Total Assets27,10439,16148,67561,85180,35988,978100,651106,209115,876138,432146,725180,685
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-2,261-4,3843,434-2,528-31-5,0847,5976,449-11,0444,935-8467,577
Cash from Investing Activity-58-60-142-162-190-206-157-246-223-172-258-189
Cash from Financing Activity3,0764,040-1,6562,9952,5677,698-4,207-1142,239842-5033,159
Net Cash Flow757-4051,6353052,3452,4083,2336,090-9,0285,605-1,60810,547
Free Cash Flow-2,319-4,4453,291-2,690-221-5,2907,4406,203-11,2674,763-1,1097,354
CFO/OP-163%-222%147%-79%15%-123%226%356%-303%107%-14%151%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %10%11%12%12%12%6%4%-1%7%8%5%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%60.00%
FIIs30.00%28.27%25.14%28.47%14.63%13.39%14.43%17.56%15.49%21.91%20.23%8.77%
DIIs19.12%19.34%20.12%20.28%26.61%17.66%20.79%34.37%35.28%39.69%42.97%16.92%
Government0.41%0.42%0.42%0.42%0.42%0.41%0.41%0.39%0.38%0.35%0.37%0.15%
Public50.45%51.98%54.32%50.83%58.35%68.54%64.36%47.67%48.85%38.04%36.44%14.16%
No. of Shareholders3,51,1193,44,8563,58,1103,64,3804,22,5444,77,1244,52,7903,86,6913,47,2923,38,5553,23,0423,20,792

Fundamentals

Market Cap₹ 62,376 Cr.
Current Price₹ 402
Stock P/E71.2
Book Value₹ 269
ROCE5.77 %
ROE5.11 %
Dividend Yield0.25 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)67%
Standalone figures.
Valuation
Market capRs 63,835 Cr
Enterprise valueRs 205,635 Cr
P/E (TTM)72.89x
Price to book3.84x
Price to sales4.33x
EV / EBITDA21.56x
EV / EBIT22.10x
EV / sales13.96x
Price to cash flow8.42x
Earnings yield1.37%
Dividend yield0.10%
P/E, 3-year average16.47x
P/B, 3-year average0.91x
P/E, 5-year average14.74x
P/B, 5-year average0.80x
Profitability
Operating margin (excl. other income)35.77%
Operating margin (incl. other income)64.52%
EBITDA margin64.73%
Pre-tax margin7.48%
Net profit margin5.94%
Net margin, latest quarter6.61%
ROE5.11%
ROCE5.77%
ROA0.50%
ROE, 3-year average5.97%
ROCE, 3-year average6.01%
ROA, 3-year average0.64%
ROE, 5-year average4.81%
ROCE, 5-year average5.51%
ROA, 5-year average0.53%
ROIC (approx.)4.65%
Tax rate20.89%
Other income / net worth24.82%
Growth
Sales growth (latest year)2.11%
Profit growth (latest year)18.27%
Sales CAGR, 3 years14.00%
Sales CAGR, 5 years11.47%
Profit CAGR, 3 years-2.33%
Profit CAGR, 5 years10.12%
Sales growth QoQ3.23%
Profit growth QoQ10.44%
Sales growth YoY (latest quarter)11.60%
Profit growth YoY (latest quarter)26.64%
Per share
EPS (TTM)Rs 5.64
EPS (latest year)Rs 13.31
EPS (latest quarter)Rs 1.64
EPS, 3-year averageRs 14.68
EPS, 5-year averageRs 11.50
Book value per shareRs 107.01
Sales per shareRs 94.96
Cash flow per shareRs 48.83
Free cash flow per shareRs 47.39
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.17
Dividend per share, 5-year averageRs 1.25
Dividends
Dividend payout7.52%
Dividend payout, 3-year average8.01%
Dividend payout, 5-year average8.55%
Efficiency
Asset turnover0.08x
Fixed asset turnover26.28x
Leverage
Total debtRs 155,812 Cr
Cash and bankRs 14,012 Cr
Net debtRs 141,800 Cr
Debt to equity9.38x
Net debt / EBITDA14.87x
Interest coverage1.13x
Owners' fund to total sources9.19%
Debt to assets86.23%
Cash flow
Cash from Operating Activity (latest year)Rs 7,577 Cr
Cash from Investing Activity (latest year)Rs -189 Cr
Cash from Financing Activity (latest year)Rs 3,159 Cr
Net Cash Flow (latest year)Rs 10,547 Cr
Free cash flow (latest year)Rs 7,354 Cr
FCFE (approx.: FCF + change in debt)Rs 38,489 Cr
Cash from ops / profit, 5 years2.02x
Sales to cash flow1.89x
Statement figures
Net sales (TTM)Rs 14,735 Cr
Net sales (latest year)Rs 14,336 Cr
Sales (latest quarter)Rs 3,840 Cr
Operating profit excl. other income (latest year)Rs 5,128 Cr
Operating profit (latest quarter)Rs 1,550 Cr
Other income (TTM)Rs 4,011 Cr
EBITDA (TTM)Rs 9,538 Cr
PBDT (TTM)Rs 1,336 Cr
Profit before tax (TTM)Rs 1,102 Cr
Tax (latest year)Rs 217 Cr
Net profit (TTM)Rs 876 Cr
Net profit (latest year)Rs 822 Cr
Net profit (latest quarter)Rs 254 Cr
Depreciation (TTM)Rs 234 Cr
Interest (TTM)Rs 8,201 Cr
Cost of goods sold (latest year)Rs 187 Cr
Total expenditure (latest year)Rs 9,208 Cr
Total income (latest year)Rs 18,457 Cr
Share capitalRs 618 Cr
ReservesRs 15,987 Cr
Shareholders' fundsRs 16,605 Cr
Total assetsRs 180,685 Cr
Net blockRs 545 Cr
Capital work in progressRs 21 Cr
InvestmentsRs 32,078 Cr
Other liabilitiesRs 8,268 Cr
Shares outstanding (crore)155.16
Ownership
Promoter holding60.00% (+60.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 72.9 is at the 66th percentile of its own 8.4-year range (median 60.1, low 20.6, high 189.4).
P/B 3.84 is at the 70th percentile (median 2.88).
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.
PeriodRBLBANKNifty 50Difference
1 week-0.3%-2.8% +2.5 pts
1 month+8.1%-6.8% +14.9 pts
3 months+13.9%-7.6% +21.5 pts
6 months+42.0%+0.4% +41.6 pts
1 year+49.4%-9.9% +59.3 pts
2 years+92.0%-13.6% +105.6 pts
3 years+62.8%+14.2% +48.6 pts
5 years+112.6%+27.9% +84.7 pts
225 mutual fund schemes hold about ₹9,088 Cr. Over three months 96 bought more and 113 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund4.40%1,565 -31%
Kotak Multi Cap Fund1.37%402 -30%
Canara Rob Small Cap Fund2.40%352 +5%
Nippon India Growth Mid Cap Fund0.66%342 +100%
Nippon India Small Cap Fund0.41%340 -14%
Invesco India Smallcap Fund2.13%335 -23%
Motilal Oswal Flexi Cap Fund2.29%324 +2%
Axis Small Cap Fund0.95%298 -15%
Invesco India Contra Fund1.25%257 -12%
SBI Flexicap Fund0.99%230 +18%
Franklin India Small Cap Fund1.54%227 -12%
HSBC Small Cap Fund1.10%211 -15%
Axis Large & Mid Cap Fund1.13%195 -7%
Axis Large & Mid Cap Fund1.13%189 -7%
Axis Multicap Fund1.43%157 -21%
Motilal Oswal Multi Cap Fund3.20%149 +25%
Aditya Birla SL Multi-Cap Fund1.90%143 -16%
Franklin India Mid Cap Fund1.05%138 +100%
Aditya Birla SL Small Cap Fund1.92%120 -11%
Bajaj Finserv Flexi Cap Fund1.45%119 +100%
SBI Arbitrage Fund0.24%114 -26%
Edelweiss Balanced Advantage Fund(Q0.71%95 -12%
Tata Arbitrage Fund0.35%87 +566%
Aditya Birla SL Arbitrage Fund0.26%71 -31%
HSBC Flexi Cap Fund1.15%69 -15%

Red flags

F-score 4 of 8
explainLow interest cover Interest cover 1.1x in 2026
lookProfit leans on other income Other income was 396% of pre-tax profit in 2026
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
2023-03-23NAMIT DUAEmployees/Designated Employesell34,710Rs 0.50 CrMarket Sale
2023-03-20DEEPAK GADDHYANEmployees/Designated Employeother150,000Rs 2.05 CrPledge Creation
2023-03-08PALLAV SINHAEmployees/Designated Employesell3,000Rs 0.05 CrMarket Sale
2023-03-03PALLAV SINHAEmployees/Designated Employeother3,000Rs 0.05 CrRevokation of Pledge
2023-03-03PALLAV SINHAEmployees/Designated Employeother140Rs 0.00 CrRevokation of Pledge
2023-03-03PALLAV SINHAEmployees/Designated Employesell140Rs 0.00 CrMarket Sale
2023-03-03PALLAV SINHAEmployees/Designated Employesell470Rs 0.01 CrMarket Sale
2023-02-28PRABHAKAR VEmployees/Designated Employesell22,000Rs 0.34 CrMarket Sale
2023-02-15YOGESH KUMAREmployees/Designated Employeother10,000Rs 0.17 CrPledge Creation
2023-02-02SURINDER CHAWLA-other250,000Rs 3.89 CrGift
2023-01-13BADRINATH SADISHEmployees/Designated Employeother12,000Rs 0.15 CrESOP
2022-12-30CHETAN PICHAMUTHUEmployees/Designated Employeother15,520Rs 0.28 CrPledge Creation
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 ₹3,840 Cr +11.6% vs Jun 2025. Net profit ₹254 Cr +27.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Re 1 Per Share
2025-09-08Dividend - Re 1 Per Share
2024-07-26Dividend - Rs 1.50 Per Share
2023-08-18Dividend - Rs 1.50 Per Share
2022-09-13Annual General Meeting
2021-09-13 Annual General Meeting
2020-07-09 Annual General Meeting
2020-03-23 Interim Dividend - Rs 1.50 Per Share
2019-07-01 Annual General Meeting/Dividend Rs 2.70/-
2018-07-26 Annual General Meeting/Dividend- Rs 2.10 Per Share
2017-07-27 Annual General Meeting/Dividend - Rs 1.80 Per Share
DateTypeWhat it says
2026-09-30General UpdatesIntimation under Regulation 30 of SEBI Listing Regulations.
2026-09-24Strikes/Lockouts/DisturbanceStrikes/lockouts/disturbances
2026-09-23Concall / analyst meetSchedule of meet
2026-09-22Concall / analyst meetAnalyst meets.
2026-09-21Concall / analyst meetSchedule of meet
2026-09-18Concall / analyst meetSchedule of meet
2026-09-18Concall / analyst meetSchedule of meet
2026-09-16Concall / analyst meetSchedule of meet
2026-09-16General UpdatesIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-09-16General UpdatesIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-09-15ESOPAllotment of 703075 Shares.
2026-09-13Credit RatingCredit Rating
2026-09-11Credit RatingCredit Rating
2026-09-11Concall / analyst meetSchedule of meet
2026-09-10Strikes/Lockouts/DisturbanceStrikes/lockouts/disturbances
2026-09-09General UpdatesThe Bank has approved the pricing, tenure and other terms of the senior notes to be issued under the EMTN Programme.
2026-09-08Credit RatingCredit Rating
2026-09-08Credit RatingCredit Rating
2026-09-08General UpdatesThe Bank has established its US $1,000,000,000 (USD one billion) Euro Medium Term Note Programme and submitted the offering circular.
2026-09-08General UpdatesThe Bank has established its US $1,000,000,000 (USD one billion) Euro Medium Term Note Programme and submitted the offering circular.
2026-09-07Board meeting outcomeOutcome of Board Meeting held on September 07, 2026.
2026-09-03General UpdatesIntimation under SEBI Listing Regulations.
2026-09-03Investor PresentationInvestor Presentation
2026-09-03Concall / analyst meetSchedule of meet and Presentation
2026-09-02Shareholder meetingVoting results.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.65
Max pain (expiry 2026-10-27)410
Largest call open interest at420
Largest put open interest at400
Implied volatility, at the money31.5%
Underlying at snapshot411.40
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
2026-09-3014,218
2026-09-2918,714
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-07NCLTRBL Bank Ltd Vs Hari Shankar Paper products Pvt Ltd
2021-03-18NCLTRBL Bank Ltd Vs Hari Shankar Paper products Pvt Ltd
2021-01-22NCLTRBL Bank Ltd. Vs Good-Day Foods Pvt. Ltd.
2021-01-22NCLTRBL Bank Ltd Vs Hari Shankar Paper products Pvt Ltd
2019-03-04NCLTRBL Bank Ltd Vs MBL Infrastructure Ltd
2018-03-23NCLATRBL Bank Ltd. VS MBL Infrastructures Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of RBL Bank Ltd?

RBL Bank Ltd (RBLBANK) has a market capitalisation of Rs 62,376 Cr. at the 2026-10-01 close.

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

RBL Bank Ltd trades at a P/E of 71.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were RBL Bank Ltd's latest quarterly results?

In the Jun 2026 quarter, RBL Bank Ltd revenue was Rs 3,840 Cr (+11.6% vs Jun 2025) and net profit was Rs 254 Cr.

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

The 52-week high is Rs 429.60 and the 52-week low is Rs 261.60.

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