Valuation The Federal Bank Limited

Equities

Delayed NSE India S.E. Other stock markets 12:38:04 21/01/2026 pm IST			5-day change	1st Jan Change
274.00 ^INR	+0.27%		+10.90%	+2.49%

19/01	Avendus Spark Upgrades Federal Bank to Buy from Add; Price Target is INR312	MT
19/01	Elara Securities India Downgrades Federal Bank to Accumulate From Buy; Price Target is INR290	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,51,309	2,04,689	2,79,842	3,65,790	4,73,312	6,72,877	-	-
Change	-	35.28%	36.72%	30.71%	29.39%	42.16%	-	-
Enterprise Value (EV) ¹	1,51,309	2,04,689	2,79,842	3,65,790	4,73,312	6,54,654	6,25,490	5,87,456
Change	-	35.28%	36.72%	30.71%	29.39%	38.31%	-4.45%	-6.08%
P/E ratio	9.55x	10.8x	9.36x	9.46x	11.8x	16.8x	13.6x	11.4x
PBR	0.94x	1.1x	1.3x	1.26x	1.43x	1.79x	1.57x	1.39x
PEG	-	0.8x	0.2x	0.8x	3.75x	-26.97x	0.6x	0.6x
Capitalization / Revenue	2.02x	2.54x	2.93x	3.22x	3.57x	4.57x	3.87x	3.28x
EV / Revenue	2.02x	2.54x	2.93x	3.22x	3.57x	4.44x	3.6x	2.87x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	4x	5.45x	5.84x	7.07x	7.76x	9.67x	7.54x	5.79x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.7	1.8	1	1.2	1.2	1.443	1.721	1.897
Rate of return	0.92%	1.85%	0.76%	0.8%	0.62%	0.53%	0.63%	0.69%
EPS ²	7.94	9.06	14.13	15.87	16.37	16.27	20.08	23.88
Distribution rate	8.82%	19.9%	7.08%	7.56%	7.33%	8.87%	8.57%	7.94%
Net sales ¹	74,786	80,510	95,621	1,13,728	1,32,692	1,47,345	1,73,974	2,05,034
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	37,869	37,578	47,944	51,745	61,011	67,723	82,907	1,01,504
Net income ¹	15,903	18,898	30,106	37,206	40,519	40,151	51,116	62,885
Net Debt ¹	-	-	-	-	-	-18,223	-47,387	-85,421
Reference price ²	75.80	97.40	132.30	150.20	192.73	273.25	273.25	273.25
Nbr of stocks (in thousands)	19,96,158	21,01,528	21,15,207	24,35,352	24,55,829	24,62,496	-	-
Announcement Date	17/05/21	06/05/22	05/05/23	02/05/24	30/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE FEDERAL BANK LIMITED	16.8x	4.44x	-	0.53%	739.33Cr
JPMORGAN CHASE & CO.	14.94x	-	-	1.91%	82TCr
BANK OF AMERICA CORPORATION	13.69x	-	-	2.08%	38TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.65x	-	-	5.51%	36TCr
HSBC HOLDINGS PLC	14.08x	-	-	4.28%	28TCr
WELLS FARGO & COMPANY	13.72x	-	-	1.96%	27TCr
CHINA CONSTRUCTION BANK CORPORATION	5.38x	-	-	5.55%	27TCr
ROYAL BANK OF CANADA	15.02x	-	-	2.91%	23TCr
BANK OF CHINA LIMITED	5.45x	-	-	5.53%	23TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.31x	-	-	2.54%	21TCr
Average	12.00x	4.44x		3.28%	30.6TCr
Weighted average by Cap.	11.97x	4.44x		3.29%