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FEDERALBNK - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 4.0

Stock Code FEDERALBNK Market Cap 70,044 Cr. Current Price 285 ₹ High / Low 290 ₹
Stock P/E 18.0 Book Value 142 ₹ Dividend Yield 0.42 % ROCE 6.95 %
ROE 13.0 % Face Value 2.00 ₹ DMA 50 262 ₹ DMA 200 228 ₹
Chg in FII Hold -0.60 % Chg in DII Hold 1.39 % PAT Qtr 1,041 Cr. PAT Prev Qtr 955 Cr.
RSI 64.3 MACD 7.44 Volume 34,09,378 Avg Vol 1Wk 95,14,255
Low price 173 ₹ High price 290 ₹ PEG Ratio 0.62 Debt to equity 8.75
52w Index 96.2 % Qtr Profit Var 8.98 % EPS 15.8 ₹ Industry PE 15.8

📊 Core Financials

  • Revenue growth: PAT at 1,041 Cr vs 955 Cr in previous quarter, showing 8.98 % improvement.
  • Profit margins: EPS at 15.8 ₹, reflecting consistent profitability.
  • Debt ratios: Debt-to-equity at 8.75, typical for banking sector but indicates high leverage.
  • Cash flows: Strong, supported by stable earnings and robust loan book.
  • Return metrics: ROCE 6.95 %, ROE 13.0 % — moderate efficiency, healthy shareholder returns.

💹 Valuation Indicators

  • P/E ratio: 18.0, slightly above industry average (15.8), fairly valued.
  • P/B ratio: Current Price / Book Value ≈ 2.0, reasonable relative to assets.
  • PEG ratio: 0.62, attractive, suggests undervaluation relative to growth.
  • Intrinsic value: Fairly valued, supported by consistent profitability and growth outlook.

🏢 Business Model & Competitive Advantage

  • Operates as a private sector bank with strong retail and SME lending portfolio.
  • Competitive advantage through regional dominance and diversified product offerings.
  • Strong institutional support and improving profitability enhance resilience.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive near 260–275 ₹ levels, close to DMA 50 support.
  • Long-term holding: Favorable due to consistent profitability, strong brand, and growth potential; suitable for investors seeking stable banking exposure.

Positive

  • Quarterly PAT growth of 8.98 %.
  • EPS at 15.8 ₹ reflects consistent earnings.
  • DII holdings increased (+1.39 %).
  • PEG ratio at 0.62 highlights undervaluation relative to growth.

Limitation

  • ROCE at 6.95 % is modest compared to top peers.
  • P/E ratio slightly above industry average.
  • High debt-to-equity ratio (8.75), though typical for banks.

Company Negative News

  • FII holdings decreased (-0.60 %).
  • Technical indicators show caution: RSI at 64.3 (near overbought), MACD positive but momentum slowing.

Company Positive News

  • Quarterly PAT improved (1,041 Cr vs 955 Cr).
  • Strong institutional support from DII investors.
  • Stock trading near 52-week high, reflecting investor confidence.

Industry

  • Banking sector supported by credit growth, digital adoption, and stable interest rate environment.
  • Industry PE at 15.8, close to Federal Bank’s P/E, suggesting fair valuation.

Conclusion

  • Federal Bank demonstrates solid fundamentals with consistent profitability and strong institutional support.
  • Valuation is fair compared to industry peers, with PEG ratio indicating growth potential.
  • Entry advisable near support levels; long-term holding recommended for investors seeking stable banking exposure with moderate returns.

I can also prepare a comparative HTML snapshot against peers like ICICI Bank, Axis Bank, and Kotak Mahindra Bank to highlight Federal Bank’s relative valuation and strengths.

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