TrueCAGR
Federal Bank · Research view

Federal Bank Ltd.

NSE: FEDERALBNKBSE: 500469ISIN INE171A01029Face value ₹2standalone
₹317
−0.46% · 2026-10-01 · 52-wk ₹192–₹372
Financials to FY2026 · 7 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis

What stands out?

The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.

StrengthConcernWatchContext
StrengthTalking point

Asset quality at a multi-year best

Gross NPA of 1.5% is the lowest in 6 years, down from a peak of 3.4%.

Importance 54 / 95 · financial health

Section 03 · The company

Who is this company?

Classified by the exchange under Financial Services › Financial Services › Banks › Private Sector Bank.

Market cap
₹78,007 cr
FY2026 total income
₹32,136 cr
FY2026 net profit
₹4,117 cr
Net worth
₹38,705 cr
Advances
₹2,64,594 cr
EPS (basic)
₹16.74
Listed
NSE · BSE
Reporting
Banking (Sch. III)Apr–Mar

Peer set used on this page: 8 private sector bank.

Section 04 · Business performance

Is the business growing?

Total income & net profit — FY20 to FY26₹ crore · consolidated
₹'000 cr010203040035TOTAL INCOMENET PROFIT15k1,543FY2016k1,590FY2116k1,890FY2219k3,011FY2325k3,721FY2430k4,052FY2532k4,117FY26
Total incomeNet profit
Advances & deposits — FY20 to FY26₹ crore · consolidated
0k133k267k400k1.22L1.52LFY201.32L1.73LFY211.45L1.82LFY221.74L2.13LFY232.09L2.53LFY242.35L2.84LFY252.65L3.14LFY26
Advances (loans)Deposits

Total income and profit over the loaded history are shown above.

Advances growth per year
+13.7%over 6 years
Advances growth
+12.7%vs last year
Deposits growth
+10.7%vs last year
Net profit growth
+1.6%vs last year
Section 05 · Recent activity

What changed recently?

Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.

Strength

Q1 FY27 net profit was ₹1,256 cr, up 36.8% from ₹918 cr a year earlier.

Rule QTR_PROFIT_GROWTH_YOY

Strength

Q1 FY27 net profit grew 36.8% while total income grew 7.5% vs the same quarter last year — a gap of 29.2 percentage points.

Rule QTR_PROFIT_VS_REVENUE_GROWTH

Strength

Q1 FY27 net margin was 14.0%, up 3.00 percentage points from 11.0% a year earlier.

Rule QTR_MARGIN_CHANGED_YOY

A. Quarterly results

Latest quarters — Q2 '25 to Q1 '27₹ crore · consolidated
₹'000 cr035810012TOTAL INCOMENET PROFIT8k1,096Q2 '258k944Q3 '258k1,091Q4 '258k918Q1 '268k992Q2 '269k1,094Q3 '269k1,341Q4 '269k1,256Q1 '27
Total incomeNet profit
QuarterTotal incomeYoYNet profitYoY
Q2 FY258,015—1,096—
Q3 FY258,196+17.2%944−8.8%
Q4 FY258,155+14.1%1,091+12.4%
Q1 FY268,315+8.5%918−10.6%
Q2 FY268,321+3.8%992−9.5%
Q3 FY268,503+3.7%1,094+15.9%
Q4 FY269,132+12.0%1,341+22.9%
Q1 FY278,943+7.5%1,256+36.8%

B. TTM snapshot

Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters

Total income
₹34,900 crTTM
PBT
₹6,335 crTTM
Net profit
₹4,683 crTTM

C. Corporate actions

14 Aug 2026DividendFinal Dividend - Rs. - 1.2000 — ₹1.20/share
22 Aug 2025DividendFinal Dividend - Rs. - 1.2000 — ₹1.20/share
23 Aug 2024DividendFinal Dividend - Rs. - 1.2000 — ₹1.20/share
11 Aug 2023DividendFinal Dividend - Rs. - 1.0000 — ₹1.00/share
19 Jul 2022DividendFinal Dividend - Rs. - 1.8000 — ₹1.80/share
1 Jul 2021DividendFinal Dividend - Rs. - 0.7000 — ₹0.70/share
17 Jul 2019DividendFinal Dividend - Rs. - 1.4000 — ₹1.40/share
2 Aug 2018DividendFinal Dividend - Rs. - 1.0000 — ₹1.00/share
3 Jul 2017DividendDividend - Rs. - 0.9000 — ₹0.90/share
29 Jul 2016DividendDividend - Rs. - 0.7000 — ₹0.70/share
8 Jul 2015Bonus issueBonus issue 1:1 — 1:2
28 May 2015DividendDividend - Rs. - 2.2000 — ₹2.20/share
4 Jul 2014DividendDividend - Rs. - 2.0000 — ₹2.00/share
17 Oct 2013Stock splitStock Split From Rs.10/- to Rs.2/- — 10:2
9 Jul 2013DividendDividend - Rs. - 9.0000 — ₹9.00/share
20 Jul 2012DividendDividend - Rs. - 9.0000 — ₹9.00/share
23 Aug 2011DividendDividend - Rs. - 8.5000 — ₹8.50/share
2 Sept 2010DividendDividend - Rs. - 5.0000 — ₹5.00/share
11 Aug 2009DividendDividend - Rs. - 5.0000 — ₹5.00/share
10 Jul 2008DividendDividend - Rs. - 4.0000 — ₹4.00/share
19 Nov 2007Rights issueRight Issue of Equity Shares
16 Aug 2007DividendDividend - Rs. - 4.0000 — ₹4.00/share
30 Jul 2001DividendDividend - Rs. - 2.5000 — ₹2.50/share
Section 06 · Business performance

Is it becoming more profitable?

Net interest margin & ROE — FY20 to FY26% · consolidated
0%1%2%3%4%0%3.8%7.5%11.3%15%2.9%FY20FY21FY22FY23FY24FY25FY26
Net interest margin (left)Return on equity (right)

Margin and return trends are shown above.

NIM FY2026
2.89%
Cost-to-income
52.3%
ROE FY2026
11.4%
ROA FY2026
1.12%
Section 07 · Financial health

Is financial health improving?

Asset quality — gross & net NPA, FY20 to FY26% of advances · lower is better
0%1%2%3%4%1.6%0.2%FY20FY21FY22FY23FY24FY25FY26
Gross NPA %Net NPA %
Strength

Gross NPA of 1.5% is the lowest in 6 years, down from a peak of 3.4%.

Rule BANK_ASSET_QUALITY_MULTIYEAR_BEST

Net worth — FY20 to FY26₹ crore · consolidated
₹'000 cr013274015kFY2016kFY2119kFY2222kFY2329kFY2433kFY2539kFY26
Net worth (capital + reserves)
Gross NPA FY2026
1.62%
Net NPA
0.20%
Credit cost
0.74%of advances
Credit / deposit
84%
Section 08 · Relative position

How does it compare with peers?

Ranked against 8 private sector bank (FY2026, consolidated). No peer-relative rule fired for this company.

Return on equity

FEDERALBNK · 5th of 8 · set median 11.4%

ICICIBANK15.3%HDFCBANK13.8%AXISBANK13.2%KOTAKBANK11.4%FEDERALBNK11.4%YESBANK7.1%IDFCFIRSTB3.8%INDUSINDBK1.4%

P/E ratio

FEDERALBNK · 3rd of 8 · set median 16.9×

AXISBANK13.6×HDFCBANK14.0×FEDERALBNK16.7×ICICIBANK16.7×YESBANK17.2×KOTAKBANK20.6×IDFCFIRSTB30.0×INDUSINDBK51.8×
P / E
16.7×TTM to Jun 26
P / B
1.9×latest book
P / S
2.2×TTM sales
Earnings yield
6.0%TTM to Jun 26

On the trailing twelve months. Last full year: P/E 18.0× · P/S 2.3× · ROE 11.4%.

Section 09 · The stock

How has the stock performed?

Adjusted close — 2020-01 to 2026-10₹ per share · split / bonus adjusted
0k₹3172020202120222023202420252026

Long-term price performance is shown above.

1-year return
+63.4%
3-year return
+115.0%
5-year return
+280.7%
From 52-wk high
−14.8%
Section 10 · Technical data

What does the technical data say?

Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.

vs 50-day avg
Below₹347
vs 200-day avg
Above₹304
RSI (14)
27.8oversold
MACD histogram
-1.8
From 52-wk high
−14.8%
From 52-wk low
+64.6%
30-day volatility
20.7%ann.
6-month return
+22.0%
RSI (14) · 0–10027.8 — oversold
0305070100OVERSOLDOVERBOUGHT27.8
Section 11 · Open questions

What should I investigate further?

Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.

Nothing is flagged for review for this company.

  • Cash-flow-statement facts are unavailable for FY2020 — those filings predate SEBI's Cash Flow Statement disclosure requirement. All other loaded years carry full P&L, balance sheet and cash-flow data.
  • The price-adjusted series does not correct for a rights issue (ex-date 2007-11-19) — BSE's corporate-actions feed does not carry the subscription price or ratio a rights adjustment needs, unlike splits and bonuses, which are corrected. Returns spanning that date may be modestly overstated or understated.
Section 12 · Reference

The numbers

The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.

Income & balance sheet — ₹ crore, consolidated
MetricFY20FY21FY22FY23FY24FY25FY26
Total income15,14215,70315,75019,13425,26830,16732,136
Interest earned13,21113,75813,66116,80422,18826,36527,695
Interest expended8,5628,2247,6999,57113,89516,89717,038
Net interest income4,6495,5345,9627,2328,2939,46810,657
Pre-provision operating profit3,2053,7873,7584,7945,1746,1017,206
Provisions & contingencies1,1721,6501,2227501967331,837
Profit before tax2,0332,1372,5364,0454,9785,3685,370
Net profit1,5431,5901,8903,0113,7214,0524,117
EPS (₹)7.88.09.114.316.116.516.7
Net worth14,51816,12418,79421,50629,09433,42138,705
Total debt10,3729,06915,39319,31918,02623,72621,159
Advances1,22,2681,31,8791,44,9281,74,4472,09,4032,34,8362,64,594
Deposits1,52,2901,72,6441,81,7012,13,3862,52,5342,83,6473,13,909
Borrowings10,3729,06915,39319,31918,02623,72621,159
Investments35,89337,18639,17948,98360,86066,24676,676
Gross NPAs3,5314,6024,1374,1844,5294,3764,335
Net NPAs1,6071,5691,3931,2051,2551,040529
Operating cash flow—12,209−6,4972,8707,55310,0737,182
Key ratios — consolidated
RatioFY20FY21FY22FY23FY24FY25FY26
Growth
Advances growth YoY—7.99.920.420.012.112.7
Deposits growth YoY—13.45.217.418.312.310.7
Profit growth YoY—3.118.859.323.68.91.6
Profitability
Net interest margin %2.62.92.83.02.92.92.9
Cost-to-income %51.349.453.349.954.554.052.3
Return on equity %10.610.410.814.914.713.011.4
Return on assets %0.90.80.91.31.31.21.1
Asset quality
Gross NPA %2.83.42.82.42.11.81.6
Net NPA %1.31.21.00.70.60.40.2
Credit cost %1.01.30.90.50.10.30.7
Credit / deposit %80.376.479.881.882.982.884.3
Financials: BSE Integrated Filing inline XBRL (SEBI taxonomy), normalised to standard metric keys. Prices: NSE end-of-day, raw OHLC preserved; a corporate-action factor produces the adjusted series. The insight engine writes factual observations from fixed rules — it does not make recommendations. Not investment advice.