Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

YES Bank Ltd Q1FY22 consolidated at Rs. 203.76 crores

Posted On: 2021-07-23 12:19:01 (Time Zone: UTC)

YES BANK LTD. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.5610.71 crores during the period ended June 30, 2021 as compared to Rs.4834.92 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.203.76 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(3790.92) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.08 for the period ended June 30, 2021 as compared to Rs.(1.51) for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 5610.71 crs₹ 4834.92 crsUp Tick 16.05%
Net Profit₹ 203.76 crs₹ (3790.92) crsUp Tick 105.37%
EPS₹ 0.08₹ (1.51)Up Tick 105.3%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.5610.71 crores during the period ended June 30, 2021 as compared to Rs.6122.62 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.203.76 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.34.05 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.08 for the period ended June 30, 2021 as compared to Rs.0.03 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 5610.71 crs₹ 6122.62 crsDown Tick -8.36%
Net Profit₹ 203.76 crs₹ 34.05 crsUp Tick 498.41%
EPS₹ 0.08₹ 0.03Up Tick 166.67%

Key updates of Q1FY22

- Net Profit at INR 207 Cr - Highest since December 2018.

- Corporate recoveries / resolutions at INR 1,643 Cr far outpace slippages of INR 1,258 Cr and almost entirely offset total slippages. Provisions for Q1FY22 at INR 644 Cr lower by 87.7% Q-o-Q - Lowest since December 2018

- CASA Ratio at 27.4% up ~130 bps Q-o-Q- Highest since December 2019. ~1.5 Lac CASA accounts opened in Q1FY22

- Retail Advances cross INR 50,000 Cr mark; Retail: Corporate Mix at 53:47 (51:49 last quarter).

- New Business Generation continues for Q1FY22: Retail Disbursements at INR 5,006 Cr, SME Disbursements1 at INR 3,242 Cr, Wholesale Banking Disbursements at INR 3,625 Cr

- Sustained momentum in recoveries with INR 602 Cr of Cash Recoveries in Q1FY22

- CET I ratio2 improves by ~40 bps Q-o-Q to 11.6%; Total CRAR at 17.9%

- Continued Leadership in Technology: UPI: #1 in P2M transactions, ~46% vol. market share, IMPS: #1 Remitter Bank

- ~ 80% employees vaccinated during free vaccination drives across the country. Implemented Work from Anywhere which provides employees improved flexibility and support

Financial Highlights

- NII for Q1FY22 at INR 1,402 Cr. NIMs at 2.1%
- Non-Interest income at INR 1,056 Cr up 29.5% Q-o-Q
- Operating expenses for Q1FY22 at INR 1,538 Cr were lower by 4.9% Q-o-Q
- Operating Profit at INR 920 Cr up ~4x Q-o-Q
- Net Advances at INR 163,654 Cr; Total Deposits at INR 163,295 Cr; CD ratio at ~100.2% from 102.4% in Q4FY21
- Liquidity Coverage Ratio (daily average during the quarter) remains healthy at 131.8% v/s. 113.9% last quarter

Asset quality parameters:

- GNPA of 15.60% (GNPA lower by ~INR 100 Cr Q-o-Q)
- NNPA of 5.78% (NNPA lower by ~INR 350 Cr Q-o-Q)
- NPA Provision Coverage Ratio at 79.3%

Shares of YES BANK LTD. was last trading in BSE at Rs. 13.07 as compared to the previous close of Rs. 13.02. The total number of shares traded during the day was 17349567 in over 31275 trades.

The stock hit an intraday high of Rs. 13.21 and intraday low of 13.01. The net turnover during the day was Rs. 226981255.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

MTAR Technologies Ltd receives NADCAP certification for 100% EOU unit

RattanIndia Enterprises launches drones business in wholly owned subsidiary NeoSky India Limited

Hero MotoCorp recognized by Guinness World Record

Surya Roshni Ltd receives order of Rs. 41.22 crore

Narbada Gems and Jewellery Ltd approves renewal of working capital facilities

Gyscoal Alloys Ltd updates on rights issue

Archit Organosys Ltd to expand capacity by 6000 MT per annum

Rajnish Wellness Ltd announces Dava Discount Business Model

KEC International wins New Orders of Rs. 1,157 crores

Torrent Power acquires 156 MW Wind Power Plants from CESC Limited

Rajratan Global Wire Limited receives investment promotion assistance of Rs. 2.82 crore

TCS Recognized as a Leader in ACES Automotive Engineering Services by Everest Group

Deep Energy Resources Ltd arm selected as CBM developer for Jharia CBM Block-I

Infosys Collaborates with ServiceNow to Provide Enterprise-Level Service Management for Manufacturing Customers

₹ 200 Crore Base Issue Size of Public Issue of NCDs by Indiabulls Housing Finance Limited Oversubscribed 4.04x Times

Steel Strips Wheels Limited receives approval for resolution plan for AMW Autocomponent Ltd

KIOCL Ltd shuts down pellet plant

Garware Hi-Tech Films Ltd Bags Silver at India Green Manufacturing Challenge Award 2020-21

HCL Technologies and Lendico, an ING Germany Company, Join Forces in Building Solutions for SMEs

Happiest Minds wins two awards at Asiamoney Asia's Outstanding Companies Poll 2021

Chalet Hotels Ltd. becomes first hospitality company globally to join Climate Group's RE100, EP100 and EV100 initiatives

Atishay Limited appointed partner for Providing Door to Door Public Service Delivery to the Citizens

Lincoln Pharmaceuticals Ltd acquires a plant in Mehsana, Gujarat, plans to launch Cephalosporin products soon

Tata Motors to increase prices of its commercial vehicles from 1st October 2021

Cyient Joins TM Forum to collaborate with global CSPs to drive digital transformation in the Communications industry

BLS International selected as National Business Correspondent for India's largest bank, State Bank of India

Clean Science and Technology Ltd to acquire immovable property for Rs. 32.01 crores

Godrej Industries Ltd to issue NCDs for Rs. 750 crore

HDFC announces festive home loan offer with rates at 6.70%

Fineotex Products now ECO PASSPORT certified by OEKO-TEX®, audit conducted by Hohenstein, Germany

L&T Hydrocarbon Engineering bags significant orders from GAIL, Air Products Middle East Industrial Gases LLC

Hon'ble High Court of Delhi passes an order in favour of EaseMyTrip regarding unsolicited messages

Sterling and Wilson Solar Limited commissions 66 MWp solar energy project in Jordan

RattanIndia Enterprises appoints Mr. Peeyush Kumar as Head for their Drone business

Glenmark Pharmaceuticals receives ANDA approval for Clindamycin Phosphate Foam, 1%

PDS Multinational Fashions Limited appoints Raamann Ahuja as Group Chief Human Resources Officer

Mr. Sumit Kumar Shaw resigns from Websol Energy System Ltd

K P Energy Ltd receives LOI aggregating Rs. 119.73 crores

Gensol Engineering Ltd acquires 51.68% stake in Solarig Gensol Utilities Pvt Ltd

Action Construction Equipment Ltd fixes floor price for QIP as Rs. 254.55

HCL Technologies to Drive Digital Speed, Transformation for MKS Instruments

Choice International Ltd secures IRDAI nod for stake acquisition

SoftSol India Limited to consider loan of $5 mn to subsidiary

Firstsource awarded IIP 'We invest in people' Gold accreditation for the second time in a row

TCS' Quartz™ Named a Leading Crypto Player in Transaction Banking and Payments by Celent

Ind-Ra revises outlook on IVP Limited

Apollo Tricoat Tubes Ltd board allots 3,04,00,000 bonus equity shares

Indian Sucrose Ltd board approves expansion projects

R & B Denims Limited to participate in Cairo Fashion & Tex Fair, 2021

Zydus Healthcare Limited to sell two brands Mifegest and Cytolog

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020