R

RBL Bank Limited

RBLBANKNSE
Market snapshot · 2026-08-12 13:20 UTC

389.80

+₹0.10 (+0.03%)

MARKET CAP

₹60.42K Cr

STOCK P/E

32.2x

52W HIGH

₹392.70

52W LOW

₹243.25

BOOK VALUE

₹270.96

EPS

₹12.12

ROE

SECTOR

Financials

GROSS NPA

1.30%

VOLUME

22.90L

P/B RATIO

1.44x

NET NPA

0.37%

Sector

Financials

Themes

Private BanksVanguard Fund PortfolioCohesion Mk Best Ideas Sub-trust Portfolio
D
Dividend
E
Earnings
₹389.80₹355.09₹320.37₹285.66₹250.94VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

RBL Bank is an Indian scheduled commercial bank serving corporate/wholesale, retail, treasury, and other banking operations. Retail banking monetizes deposits, mortgages, personal loans, vehicle finance, gold loans, and small-business credit. Corporate banking contributes through working-capital finance, business lending, and institutional relationships, while treasury manages investment and liquidity income. Recent dividend approval supports shareholder distributions but does not indicate an operating growth catalyst. Revenue increased only 0.8% year-on-year, despite 22.6% profit growth. Stable margins suggest earnings growth reflects below-revenue-line factors rather than improving operating spread. ROE is unavailable, preventing assessment of capital efficiency and whether profit growth translates into attractive shareholder returns. At 32 times earnings, RBL Bank trades at a rich valuation for 0.8% revenue growth and neutral market sentiment. The key open question is whether retail and small-business credit can accelerate without increasing asset-quality pressure. Until growth broadens, the valuation appears expensive relative to current expansion.

Valuation Metrics

Trading 54.5% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.29). Confidence: 77%.

Live forward EPS implies next-12-month EPS of ₹19.90. Applying the stock's normalized valuation corridor produces a fair range of ₹350.44 to ₹488.15, with base value near ₹414.12 (+6.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹19.90

Forward P/E

19.6x

Base Fair Value

₹414.12

Fair Range

₹350.44 - ₹488.15

Upside To Base

+6.2%

Estimate Source

Live forward EPS

Growth Estimate

+367.9%

P/B
Strongly Undervalued

5Y Average

2.92

Current

1.44

Overvalued

3.36

Undervalued

2.49

P/E
Strongly Overvalued

5Y Average

17.66

Current

32.16

Overvalued

24.53

Undervalued

17.61

P/S
Strongly Overvalued

5Y Average

4.18

Current

7.60

Overvalued

5.08

Undervalued

3.01

Peers & Comparison

Sector: Financials · Theme: Private Banks

Private Banks Peers8 peers
Avg P/E: 21.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
FEDERAL BANK LTD
FEDERALBNKPrivate Banks
+21.4%30.7%
19.1x
Fair
-12% vs avg
+80.7%
IDBI BANK LIMITED
IDBIPrivate Banks
48.6%
9.5x
Undervalued
-56% vs avg
-6.1%
IDFC FIRST BANK LIMITED
IDFCFIRSTBPrivate Banks
-1.1%32.8%
33.1x
Premium
+53% vs avg
+20.6%
YES BANK LIMITED
YESBANKPrivate Banks
+19.8%23.2%
19.1x
Fair
-12% vs avg
+20.8%
INDUSIND BANK LIMITED
INDUSINDBKPrivate Banks
+1.0%7.6%
61.1x
Premium
+183% vs avg
+30.4%
CITY UNION BANK LTD
CUBPrivate Banks
+23.3%37.8%
15.3x
Undervalued
-29% vs avg
+35.2%
J & K BANK LTD.
J&KBANKPrivate Banks
34.2%
7.5x
Undervalued
-65% vs avg
+51.3%
THE SOUTH INDIAN BANK LTD
SOUTHBANKPrivate Banks
+8.6%29.4%
8.0x
Undervalued
-63% vs avg
+55.2%
WHY THESE PEERS

RBL BANK LIMITED trades at a premium (32.2x vs peer avg 21.6x), implying higher growth or quality expectations from the Private Banks cohort. Peers include FEDERAL BANK LTD, IDBI BANK LIMITED, IDFC FIRST BANK LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹3.84K CrJun 2026

Latest net profit

₹254 CrJun 2026

Free cash flow

₹7.35K CrMar 2026

Net Profit

₹254 CrProfit conversion

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr1.00K Cr2.00K Cr3.00K Cr4.00K Cr
  • Revenue
  • Net income
  • Net margin %

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
Total incomeInterestOtheradjustmentsProfitbefore taxTax &minorityNet Profit0.00 Cr1.00K Cr2.00K Cr3.00K Cr4.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-65.00K Cr0.00 Cr65.00K Cr1.30L Cr1.95L Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue +2,8563,0083,1913,3393,4963,5313,5363,4763,4413,5073,6673,7203,840
Interest1,4341,5331,6461,7391,7961,9161,9511,9131,9601,9572,0102,0492,186
Expenses +1,7262,0892,0162,0022,0132,2512,8512,4872,2902,2552,4342,4632,290
Financing Profit-304-614-470-402-313-636-1,266-924-809-704-777-792-636
Financing Margin %-11%-20%-15%-12%-9%-18%-36%-27%-24%-20%-21%-21%-17%
Other Income +6857047788758059271,0731,0001,0699331,0501,069959
Depreciation0000000000000
Profit before tax38191307473493292-19276261229273277324
Tax %24%-224%24%25%25%24%-117%10%23%22%22%17%22%
Net Profit +2882942333533722233369200179214230254
EPS in Rs4.804.893.875.836.133.660.541.133.292.913.473.721.64
Gross NPA %3.22%3.12%3.12%2.65%2.69%2.88%2.92%2.60%2.78%2.32%1.88%1.45%1.30%
Net NPA %1.00%0.78%0.80%0.74%0.74%0.79%0.53%0.29%0.45%0.57%0.55%0.39%0.37%
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
FII14.43%17.56%15.49%21.91%20.23%
DII21.18%34.74%35.64%40.03%43.31%
Government0.05%0.03%0.03%0.02%
Public38.66%28.74%27.12%24.50%23.89%
Others25.68%18.93%21.72%13.56%12.55%
Mar 2026
FII
DII
Government
Public
Others

Events Timeline

RBL Bank Limited Informs The Exchange Regarding Tax Deduction At Source (TDS) On Dividend Distribution

Aug 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 08, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 07, 2026PDFCompany Reports Open

RBL Bank Limited Informs The Exchange About AGM Notice And Annual Report.

Aug 07, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Aug 07, 2026PDFCompany Reports Open