₹237.95▲0.93%
🔔 Stake Sale Alert
Baring Private Equity Asia to sell entire 7.9% stake in RBL Bank through block deals at a floor price of Rs 226 per share
based on 18 analysts
55.56%
Buy
16.67%
Hold
27.78%
Sell
Based on 18 analysts offering long term price targets for RBL Bank Ltd. An average target of ₹280.83
Source: S&P Global Market Intelligence
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -8.13 % |
3 Month Return | -10.1 % |
1 Year Return | + 6.19 % |
Market Stats | |
Previous Close | ₹235.75 |
Open | ₹237.75 |
Volume | 37.97L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹14,296.30Cr |
P/E Ratio | 11.02 |
PEG Ratio | 2.62 |
Market Cap | ₹14,296.30 Cr |
P/B Ratio | 0.98 |
EPS | 20.82 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
![]() | HOLD | ₹14,296.30 Cr | -9.67% | NA | ₹1,259 Cr | ₹15,453 Cr |
![]() | BUY | ₹6,199.52 Cr | 3.82% | NA | NA | NA |
![]() | BUY | ₹10,080.92 Cr | 34.08% | NA | NA | NA |
![]() | BUY | ₹11,621.88 Cr | -4% | NA | NA | NA |
![]() | BUY | ₹16,746.38 Cr | 44.89% | NA | NA | NA |
Organisation | RBL Bank Ltd |
Headquarters | Mumbai |
Industry | Banks |
E-voting on shares | Click here to vote |
Today's Timeline - Invalid Date
12:57 PM
-Emkay recommends buying RBL Bank with a target price of Rs 350.
05:37 PM
-Baring Private Equity Asia to sell its entire 7.9% stake in RBL Bank through an open market transaction.
06:40 PM
-Baring PE likely to sell 7.9% stake in RBL Bank through Rs 1,080-crore block deal on July 25.
Today's Timeline - Invalid Date
07:11 PM
-Baring Private Equity Asia set to sell its entire stake in RBL Bank through block deals at a floor price of ₹226 per share.
Key events for RBL Bank Ltd
Baring Private Equity Asia is set to sell its entire 7.9% stake in RBL Bank through an open market transaction and a block deal for Rs 1,080 crore. Emkay has recommended buying the stock with a target price of Rs 350.
Chandan Sinha to be Appointed as Non-Executive Part-Time Chairman of RBL Bank - 23 Jul, 2024
RBL Bank announces the appointment of Chandan Sinha as the Non-Executive Part-Time Chairman of the bank, effective from August 3, 2024, until May 20, 2026. Prakash Chandra will complete his tenure on August 2, 2024.
RBL Bank Posts Strong Q1 Results - 22 Jul, 2024
RBL Bank reports a 29% YoY increase in net profit to Rs 371 crore for Q1 FY25, with net interest income growing by 20% to Rs 1,700 crore. Gross NPA ratio rose to 2.69%, while the net NPA ratio remained flat at 0.74%.
RBL Bank Reports Strong Q1FY25 Results - 20 Jul, 2024
Private sector lender RBL Bank reported a 29% YoY increase in net profit for Q1FY25, with its gross non-performing assets ratio improving to 2.69%. The bank's deposit growth came in at 18% during the quarter and it will focus on secured retail products going forward.
RBL Bank's Q1 Results Show Mixed Trend - 19 Jul, 2024
Experts predict RBL Bank's Q1 results to show a mixed trend with deposits and CASA ratio likely to decline. Net Interest Income (NII) expected to increase by 32.9% YoY, while Profit after tax (PAT) may grow by 17.8% YoY. Advances are expected to grow by 18.3% YoY driven by strong retail segment, but wholesale loan growth at 7.64% YoY is expected to remain soft. Slippages expected to be higher at ₹685.2 crore, but provisioning coverage ratio likely to remain elevated.
Disinvestment Plans Likely to be Deferred in Upcoming Union Budget - 17 Jul, 2024
According to Achala Jethmalani, economist at RBL Bank, the Indian government is expected to delay any disinvestment plans in the upcoming Union Budget and may focus on capital expenditure and meeting rural demand. The reason for this is the mega dividend from the Reserve Bank of India (RBI) and other PSU companies which may lead to some revenue distribution.
RBL Bank Reports Growth in Deposits and Advances - 05 Jul, 2024
RBL Bank reports growth in Q1 YoY total deposits and gross advances by 18%. Morgan Stanley maintains underweight call with target price of Rs 250 per share. Shares fall over 4% after reporting sequential decline in total deposits and CASA in Q1FY25 update.
RBL Bank Reports Growth in Deposits and Advances - 04 Jul, 2024
RBL Bank reported an 18% YoY increase in total deposits and gross advances, with a CASA ratio improvement to 37.3%. The bank also saw a decline in gross net performing assets and gross NPA%, reporting a net profit of ₹352.5 crore.
Zerodha Broking Acquires 1.26% Stake in RBL Bank - 01 Jul, 2024
Zerodha Broking has acquired a 1.26% stake or 75,53,944 equity shares in RBL Bank during Q3 FY23. The mid-size lender's bottom-line was boosted by almost seven times to ₹202 crore in the quarter to September from ₹31 crore in the year-ago period due to a massive drop in provisions. Its gross non-performing asset (NPA) ratio improved to 3.80% during September 2022 period as against 4.08% as on June 30, 2022 while Net NPA ratio was 1.26% against 1.16% quarter-on-quarter (QoQ).
RBL Bank Plans to Raise Funds for Loan Portfolio Growth - 28 Jun, 2024
RBL Bank received board approval to raise funds up to Rs. 6,500 crore via QIP and debt securities. The bank aims to grow its loan portfolio by 20% over the next two fiscal years, while its standalone net profit jumped 30.1% to Rs. 352.64 crore in Q4 FY24.
RBL Bank Plans to Raise Funds Through Institutional Placement - 27 Jun, 2024
RBL Bank plans to raise up to Rs 65 billion through a combination of qualified institutional placement (QIP) of shares and debt sale. The bank aims to grow its loan book by 20% over the next two financial years, largely led by an increase in secured retail assets.
RBL Bank Board Meeting to Consider Fundraising Proposal - 25 Jun, 2024
RBL Bank's board will meet on June 27 to consider a fundraising proposal through qualified institutional placement (QIP) and the issuance of debt securities. The bank's standalone net profit jumped 30.1% to Rs 352.64 crore in Q4 FY24 over Q4 FY23.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 12 quarters, 2.62K Cr → 4.27K Cr (in ₹), with an average increase of 4.3% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 25.14% to 28.46% in Jun 2024 quarter
Against Peers
In the last 3 years, State Bank of India has given 104.1% return, outperforming this stock by 85.3%
Against Peers
In the last 1 year, State Bank of India has given 39.9% return, outperforming this stock by 33.7%
Price Dip
In the last 1 month, RBLBANK stock has moved down by -8.1%
Profit Down
Netprofit is down for the last 2 quarters, 364.43 Cr → 351.05 Cr (in ₹), with an average decrease of 3.7% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 54.29% to 50.81% in Jun 2024 quarter
Q'2 24 | Q/Q Change | |
---|---|---|
Revenue | ₹4,272.06Cr | ↑1.35% |
Net Income | ₹351.05Cr | ↓3.67% |
Net Profit Margin | 8.22% | ↓4.97% |
2024 | Y/Y Change | |
---|---|---|
Revenue | ₹15,453.75Cr | ↑26.84% |
Net Income | ₹1,259.89Cr | ↑37.01% |
Net Profit Margin | 8.15% | ↑7.95% |
2024 | Y/Y Change | |
---|---|---|
Total Assets | ₹1,38,437.23Cr | ↑19.47% |
Total Liabilities | ₹1,38,437.23Cr | ↑19.47% |
2024 | Y/Y Change | |
---|---|---|
Operating Cash Flow | ₹4,934.96Cr | ↓144.68% |
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 0% | 0.00 | |
Foreign Institutions | 28.46% | 13.23 | |
Mutual Funds | 15.95% | 0.01 | |
Retail Investors | 50.81% | ||
Others | 4.78% | 3.28 |
RBL Bank Ltd in the last 5 years
Lowest (-272.44x)
July 7, 2021
Today (11.02x)
July 23, 2024
Industry (16.87x)
July 23, 2024
Highest (34.66x)
May 28, 2019
RBL Bank Ltd’s net profit jumped 9.88% since last year same period to ₹351.05Cr in the Q1 2024-2025. On a quarterly growth basis, RBL Bank Ltd has generated -3.67% fall in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending March 2024, RBL Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.27%.
Read More about DividendsBearish
Neutral
Bullish
RBL Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
RBL Bank Ltd (RBLBANK) share price today is ₹237.95
RBL Bank Ltd is listed on NSE
RBL Bank Ltd is listed on BSE
PE Ratio of RBL Bank Ltd is 11.02
PE ratio = RBL Bank Ltd Market price per share / RBL Bank Ltd Earnings per share
Today’s traded volume of RBL Bank Ltd(RBLBANK) is 37.97L.
Today’s market capitalisation of RBL Bank Ltd(RBLBANK) is ₹14296.3Cr.
RBL Bank Ltd(RBLBANK | Price |
---|---|
52 Week High | ₹300.7 |
52 Week Low | ₹209.05 |
RBL Bank Ltd(RBLBANK) share price is ₹237.95. It is down -20.87% from its 52 Week High price of ₹300.7
RBL Bank Ltd(RBLBANK) share price is ₹237.95. It is up 13.82% from its 52 Week Low price of ₹209.05
RBL Bank Ltd(RBLBANK | Returns |
---|---|
1 Day Returns | 2.2% |
1 Month Returns | -8.13% |
3 Month Returns | -10.1% |
1 Year Returns | 6.19% |