Trending stocks

State Bank Of Bikaner & Jaipur revenue growth continued from 10.0% in FY2014 to 9.8% in FY2015

06-05-2015 • About State Bank Of Bikaner & Jaipur ($SBBJ) • By InTwits

State Bank Of Bikaner & Jaipur reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts:
  • State Bank Of Bikaner & Jaipur has low CAPEX intensity: 5 year average CAPEX/Revenue was 1.2%. At the same time it's in pair with industry average of 1.4%.
  • CAPEX is quite volatile: 1,660 in FY2015, 1,084 in FY2014, 864 in FY2013, 464 in FY2012, 675 in FY2011
  • It operates with high leverage: Net Debt/EBITDA is 4.9x while industry average is
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.

State Bank Of Bikaner & Jaipur ($SBBJ) key annual financial indicators

mln. INR201120122013201420152015/2014
P&L
Revenue54,36268,90382,24590,44999,3189.8%
Net Income5,5096,5207,3027,3177,7696.2%
Balance Sheet
Cash53,76843,37161,55967,46477,87215.4%
Short Term Debt15,05514,08020,40721,42022,1803.5%
Long Term Debt31,25929,55058,42067,06475,73412.9%
Cash flow
Capex6754648641,0841,66053.1%
Ratios
Revenue growth-55.1%26.7%19.4%10.0%9.8%
Net Income Margin10.1%9.5%8.9%8.1%7.8%-0.3%
CAPEX, % of revenue1.2%0.7%1.1%1.2%1.7%0.5%
ROE20.9%18.6%16.4%14.5%13.7%-0.8%

Revenue and profitability


The company's Revenue increased on 9.8% in FY2015.

Net Income marign showed almost no change in FY2015.

Capital expenditures (CAPEX) and working capital investments


In FY2015 State Bank Of Bikaner & Jaipur had CAPEX/Revenue of 1.7%. CAPEX/Revenue increased slightly on 1.00 pp from 0.67% in FY2012 to 1.7% in FY2015. It's average CAPEX/Revenue for the last three years was 1.3%.

Leverage (Debt)


Debt jumped on 10.7% in FY2015 while cash surged on 15.4% in FY2015.

Appendix 1: Peers in Banks


Below you can find State Bank Of Bikaner & Jaipur benchmarking vs. other companies in Banks industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.

Top companies by Revenue growth, %

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Dcb Bank ($DCBBANK)26.7%26.2%22.5%25.3%
Yes Bank ($YESBANK)53.0%33.7%21.6%17.7%
Bank Of India ($BANKINDIA)-66.6%30.3%12.4%18.1%
Karur Vysya Bank ($KARURVYSYA)45.9%29.7%16.5%11.0%
Union Bank Of India ($UNIONBANK)-70.8%26.9%19.5%15.7%
 
Median (28 companies)-60.1%29.5%15.6%10.9%13.0%
State Bank Of Bikaner & Jaipur ($SBBJ)26.7%19.4%10.0%9.8%


Top companies by CAPEX/Revenue, %

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Kotak Mahindra Bank ($KOTAKBANK)1.3%1.4%1.4%2.6%1.4%
Karur Vysya Bank ($KARURVYSYA)4.2%2.0%2.9%2.5%1.7%
Dhanlaxmi Bank ($DHANBANK)6.8%3.0%1.7%2.2%
Jammu & Kashmir Bank ($J&KBANK)5.6%1.4%1.3%2.2%
Lakshmi Vilas Bank ($LAKSHVILAS)4.4%2.1%1.4%1.6%2.4%
 
Median (27 companies)1.3%1.2%1.2%1.3%1.6%
State Bank Of Bikaner & Jaipur ($SBBJ)1.2%0.7%1.1%1.2%1.7%


Top companies by ROIC, %

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Axis Bank ($AXISBANK)10.2%9.6%8.9%9.1%8.8%
Yes Bank ($YESBANK)11.8%9.8%8.4%8.4%8.7%
Karnataka Bank ($KTKBANK)5.5%6.8%10.2%7.7%
Kotak Mahindra Bank ($KOTAKBANK)7.8%6.8%6.5%7.1%8.5%
Oriental Bank Of Commerce ($ORIENTBANK)12.4%7.6%7.4%6.7%
 
Median (28 companies)7.1%7.2%6.1%3.3%6.0%
State Bank Of Bikaner & Jaipur ($SBBJ)


Similar news

06-05-2015 Lkp Finance reports 604% Net Income growth while 1.1 pp EBITDA Margin decline from 32.3% to 31.2%

06-05-2015 S.A.L.Steel EBITDA surged on 882% in 2015 and EBITDA Margin increased on 6.5 pp from 0.83% to 7.3%

06-05-2015 State Bank Of Travancore reports 1.5% revenue growth in FY2015

06-05-2015 Shemaroo Entertainment reports 50.1% Net Income growth and 21.7% Revenue growth

06-05-2015 Thirumalai Chemicals reports 53.5% EBITDA decline and 2.9 pp EBITDA Margin decline from 6.4% to 3.6%