Company Profile

IDBI BANK LTD.

NSE : IDBIBSE : 500116ISIN CODE : INE008A01015Industry : Bank - PrivateHouse : IDBI
BSE53.102.5 (+4.94 % )
PREV CLOSE (Rs.) 50.60
OPEN PRICE (Rs.) 53.10
BID PRICE (QTY) 53.10 (732592 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 47938
TODAY'S LOW / HIGH (Rs.)53.10 53.10
52 WK LOW / HIGH (Rs.)17.5 50.6
NSE53.55 2.55 (+5 % )
PREV CLOSE(Rs.) 51.00
OPEN PRICE (Rs.) 53.55
BID PRICE (QTY) 53.55 (3525275 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1059046
TODAY'S LOW / HIGH(Rs.) 53.55 53.55
52 WK LOW / HIGH (Rs.)17.25 51

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.00
TTM EPS (Rs.) -12.41
P/E Ratio 0.00
Book Value (Rs.) 26.51
Face Value (Rs.) 10
MCap (Rs. in Mn) 551209.54
Price/Earning (TTM) -4.28
Price/Sales (TTM) 2.65
Price/Book (MRQ) 2.00
PAT Margin (%) -68.49
ROCE (%) -22.94
Incorporation Year : 2004

Management Info :

MR Kumar - Chairman Rakesh Sharma - Managing Director

Registered Office :

Address : I D B I Tower,W T C Complex ,Cuffe Parade,
Mumbai,
Maharashtra-400005

Phone : 022-66553355, 22189111

Website : www.idbi.com

Registrar's Details : K FIN Technologies Pvt Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B, Plot 31-32,Gachibowli,Financial District,Nanakramguda,Hyderabad
Listing : BSE, NSE, MCX
NEWS More
29Jun06-29-2020$IDBI Bank moves up on getting nod to sell upto 27% stake in IFLI IDBI Bank moves up on gettin

IDBI Bank is currently trading at Rs. 41.10, up by 1.30 points or 3.27% from its previous closing of Rs. 39.80 on the BSE.

The scrip opened at Rs. 41.75 and has touched a high and low of Rs. 41.75 and Rs. 38.60 respectively. So far 1927552 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 41.75 on 29-June-2020 and a 52 week low of Rs. 17.50 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 41.75 and Rs. 31.50 respectively. The current market cap of the company is Rs. 42456.63 crore.

The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.17% and 1.73% respectively.

IDBI bank has received an approval to sell its stake held in IDBI Federal Life Insurance Company (IFLI) to the extent of 23% to Ageas and 4% to Federal Bank at a combined value of about Rs 595 crore. The meeting of Board of Directors of the bank held on June 26, 2020, approved the same.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.


IDBI Bank is currently trading at Rs. 41.10, up by 1.30 points..
29Jun06-29-2020$ITI, Mahindra Logistics and Coal India to see some action today ITI, Mahindra Logistics and

ITI and Tech Mahindra have signed a Memorandum of Understanding (MoU) to work together in the areas of 4G & 5G smart networks, Smart Cities and Health Care services, in order to supplement country's requirement of self-reliance in the area of Telecommunication. ITI and Tech Mahindra will collaborate to create ‘Make in India’ stack as part of this MoU for the upcoming 4G & 5G opportunities in India.

Mahindra Logistics’ board has approved further investment in Lords Freight (India), subsidiary company by way of purchase of 3,80,970 equity shares of Lords (representing 16.13% of equity share capital of Lords) from the existing promoter shareholders of Lords. Presently, the company holds 82.92% of the share capital of Lords and on completion of the transfer formalities of said 3,80,970 equity shares of Lords, the company's shareholding in Lords would increase by 16.13%. The Investment Committee of the Board of Directors of the company at their Meeting held on June 27, 2020, has approved the same.

Coal India’s subsidiary -- Northern Coalfields (NCL) is looking to pump in Rs 7,000 crore over the next four years to ramp up production capacity and boost infrastructure at various projects. Of this amount, an investment of about Rs 3,000 crore is planned for procurement of heavy earthmoving machines and another Rs 3,000 crore will be used for development of additional coal evacuation-related infrastructure. Around Rs 200 crore will be used in developing 50 MW solar power plant.

Adani Green Energy has received shareholders' approval to raise Rs 2,500 crore in its fifth annual general meeting held on June 25, 2020. The company also got shareholders’ nod to have flexibility to infuse additional capital to tap capital markets and to raise additional long term resources, if necessary, in order to sustain rapid growth in the business, for business expansion and to improve the financial leveraging strength of the firm.

Dr Reddy's Laboratories is expecting to launch 25 products in the US market in the current financial year (FY21). The drug major has also earmarked a capital expenditure (capex) of Rs 1,000 crore for finding various projects during the ongoing financial year. Besides, the drug maker is also working on various biosimilar products, including, the Rituximab Phase III trial is progressing as per plan. And, in parallel, it is working on multiple other biosimilar products, which are at different stage of development.

CA Clover Intermediate II Investments, an affiliated entity of CAP V Mauritius, an investment fund managed and advised by affiliated entities of The Carlyle Group Inc. has agreed to invest fresh equity capital for a 20% stake in Piramal Enterprises’ wholly owned subsidiary -- Piramal Pharma. The estimated equity capital investment in Piramal Pharma would amount to over Rs 3,700 crore. The final amount of equity investment will depend on the net debt, exchange rate and performance against the pre-agreed conditions at the time of closing of the deal.

IDBI bank has received an approval to sell its stake held in IDBI Federal Life Insurance Company (IFLI) to the extent of 23% to Ageas and 4% to Federal Bank at a combined value of about Rs 595 crore. The meeting of Board of Directors of the bank held on June 26, 2020, approved the same.

ITI and Tech Mahindra have signed a Memorandum of Understanding..
27Jun06-27-2020$IDBI Bank to sell upto 27% stake in IFLI IDBI Bank to sell upto 27% s
IDBI bank has received an approval to sell its stake held in IDBI Federal Life Insurance Company (IFLI) to the extent of 23% to Ageas and 4% to Federal Bank at a combined value of about Rs 595 crore. The meeting of Board of Directors of the bank held on June 26, 2020, approved the same.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

IDBI bank has received an approval to sell its stake held in ID..
02Jun06-02-2020$IDBI Bank trades jubilantly on turning black in Q4 IDBI Bank trades jubilantly

IDBI Bank is currently trading at Rs. 27.40, up by 3.05 points or 12.53% from its previous closing of Rs. 24.35 on the BSE.

The scrip opened at Rs. 25.90 and has touched a high and low of Rs. 27.65 and Rs. 25.75 respectively. So far 1079760 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 40.90 on 25-Nov-2019 and a 52 week low of Rs. 17.50 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 27.65 and Rs. 19.40 respectively. The current market cap of the company is Rs. 28442.83 crore.

The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.17% and 1.73% respectively.

IDBI Bank has reported net profit at Rs 135.39 crore for the quarter ended March 31, 2020 as compared to net loss of Rs 4918.44 crore for the same quarter in the previous year. Total income of the bank increased by 4.67% at Rs 6924.94 crore for Q4FY20 as compared Rs 6616.06 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit of Rs 165.69 crore for the quarter ended March 31, 2020 as compared to net loss of Rs 4884.18 crore for the same quarter in the previous year. Total income of the bank increased by 4.39% at Rs 7010.74 crore for Q4FY20 as compared Rs 6716.02 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the bank has reported net loss of Rs 12887.34 crore as compared to net loss of Rs 15116.30 crore for the previous year. Total income of the bank decreased by 0.30% at Rs 25295.47 crore for year under review as compared to Rs 25371.53 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the bank has reported net loss of Rs 12847.40 crore as compared to net loss of Rs 15012.97 crore for the previous year. Total income of the bank decreased by 0.59% at Rs 25485.45 crore for year under review as compared to Rs 25637.43 crore for year ended March 31, 2019.

IDBI Bank is currently trading at Rs. 27.40, up by 3.05 points..
01Jun06-01-2020$IDBI Bank turns black in Q4 IDBI Bank turns black in Q4

IDBI Bank has reported results for the fourth quarter and year ended March 31, 2020.

The Bank has reported net profit at Rs 135.39 crore for the quarter under review as compared to net loss of Rs 4918.44 crore for the same quarter in the previous year. Total income of the bank increased by 4.67% at Rs 6924.94 crore for Q4FY20 as compared Rs 6616.06 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit of Rs 165.69 crore for the quarter under review as compared to net loss of Rs 4884.18 crore for the same quarter in the previous year. Total income of the bank increased by 4.39% at Rs 7010.74 crore for Q4FY20 as compared Rs 6716.02 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the bank has reported net loss of Rs 12887.34 crore as compared to net loss of Rs 15116.30 crore for the previous year. Total income of the bank decreased by 0.30% at Rs 25295.47 crore for year under review as compared to Rs 25371.53 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the bank has reported net loss of Rs 12847.40 crore as compared to net loss of Rs 15012.97 crore for the previous year. Total income of the bank decreased by 0.59% at Rs 25485.45 crore for year under review as compared to Rs 25637.43 crore for year ended March 31, 2019.

IDBI Bank has reported results for the fourth quarter and year..
Financials More
Rs. in Millions
QTR Mar 20 ANNUAL 20
Net Profit1353.9-128873.4
Gross Profit 2896.6 -89674.4
Operating Profit 1873851120.1
Net Sales 55984.5208251.4
ROLLING FORWARD P/E (EOD)
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Shareholding Pattern More
PROMOTERS 98.11 %
NON-INSTITUTION 1.73 %
FI/BANKS/INSURANCE 0.15 %
MUTUAL FUNDS/UTI 0 %
GOVERNMENT 0 %
FII 0 %
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