The Karnataka Bank Limited
KBL is a Mangalore-based, medium-sized private sector bank set up in 1924. As on June 30, 2024, the branch network was spread across 927 branches and 1504 ATMs and recyclers across India. The Bank has strong presence in south India with 707 branches ...
Key Metrics
EPS
34.63
Current ratio
0.08
Debt/Equity
9.71
Debt/EBITDA
64.44
Interest coverage ratio
-
Operating Cashflow to total debt
0.00
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Improving size of operations and asset quality while maintaining the profitability levels on a sustained basis.
Long operational track record
Improvement in capital adequacy levels aided by equity infusion and consistent profitability
Consistent profitability
Stable and granular resource profile with improvement in CASA deposits
Liquidity: Strong
Cons
Deteriorating asset quality levels with increase in gross non-performing assets (GNPA) to above 7% on a sustained basis.
Declining capitalisation levels with Tier-I CAR below 11.5%.
Moderate asset quality, however, significant decline in stressed asset position in FY24 and Q1FY25
Consistent increase in scale of operations, however, continues to be regionally concentrated
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About The Karnataka Bank Limited bond.
This comprehensive profile covers key factual information about The Karnataka Bank Limited. KBL is a Mangalore-based, medium-sized private sector bank set up in 1924. As on June 30, 2024, the branch network was spread across 927 branches and 1504 ATMs and recyclers across India. The Bank has strong presence in south India with 707 branches as on June 30, 2024 (of which 589 branches are in Karnataka). As on June 30, 2024, the Bank had advances of ₹75,455 crore and deposits of ₹100,164 crore. EPS in Mar-2024 was 34.63. Current ratio in Mar-2024 was 0.08. Debt/Equity in Mar-2024 was 9.71. Debt/EBITDA in Mar-2024 was 64.44. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was 0.00. Total revenue for Mar-2025 (E) was ₹10776.27. Net income for Mar-2025 (E) stood at ₹1796.10. Total assets as of Mar-2024 were ₹116203.92. Operating cash flow for Mar-2024 was ₹362.20. Peers and comparison entities consist of The Karnataka Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Kotak Mahindra Bank Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Improving size of operations and asset quality while maintaining the profitability levels on a sustained basis.; Long operational track record ; Improvement in capital adequacy levels aided by equity infusion and consistent profitability ; Consistent profitability; Stable and granular resource profile with improvement in CASA deposits; Liquidity: Strong. Key risks include: Deteriorating asset quality levels with increase in gross non-performing assets (GNPA) to above 7% on a sustained basis.; Declining capitalisation levels with Tier-I CAR below 11.5%.; Moderate asset quality, however, significant decline in stressed asset position in FY24 and Q1FY25; Consistent increase in scale of operations, however, continues to be regionally concentrated. Leadership team details include A V Chandrashekar (Independent Director), Abhishek Sankar Bagchi (Chief Financial Officer), B Ananthapadmanabha (Chief Technology Officer), B R Ashok (Non Executive Director), B S Raja (General Manager), D S Ravindran (Independent Director), H Srikrishnan (Managing Director & CEO), H V Harish (Independent Director), Jeevandas Narayan (Independent Director), K Gururaj Acharya (Independent Director), K Sham (Company Secretary & Compliance Officer), Nirmal Kumar Kechappa Hegde (General Manager), P J Vinaya Bhat (General Manager), P Pradeep Kumar (Chairman & Ind.Director), R Giridhar (General Manager), R Ratheesh (General Manager), Ramachandra K Gurumurthy (General Manager), Ramaswamy Subramanian (Chief Products Officer), Ramesh Bhat (General Manager), S Balakrishna Alse (Independent Director), S Jayanagaraja Rao (General Manager), S Ravichandran (General Manager), Sandra Maria Lorena (General Manager), Sekhar Rao (Executive Director), Uma Shankar (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.