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Earnings Call

Federal Bank Earnings Call: Key Takeaways

Federal Bank reported record core earnings for Q1 FY27, with Net Profit rising 37% YoY to ₹1,177 Cr. Strategy focuses on high-yield secured assets like Gold and LAP.

Highlights
MarginsNIM improved to 3.33% from 2.94% YoY.
Demand visibilityStrong credit demand across Retail and Commercial segments.

Growth

Net Interest Income grew 26% YoY to ₹2,946 Cr. Net Advances and Deposits both increased 15% YoY.

Outlook

Strong capital position with CRAR at 16.97% supporting growth without near-term capital requirements.

Risks

Sequential decline in CASA ratio by 71 bps and 3% QoQ dip in fee income.

Last quarter's promises, checked

Delivered

  • Guided NIM expansion levers → delivered NIM 3.33% vs 3.20% (= BEAT)
  • Guided 100 branch expansion → delivered 39 in Q4 (on track) (= BEAT)
  • Guided 50-60 bps credit cost → delivered 56 bps (= BEAT)

Partly delivered

  • Guided 18-20% Corporate growth → delivered 15% overall advances (= PARTIAL)

Missed

  • Target 36% CASA ratio → delivered 32.23% (seq. decline) (= MISS)
Source

Earnings Call filed with NSE, NSE: FEDERALBNK. Summary written with AI assistance from the document.

Read the document ↗

Federal Bank Ltd: key numbers

Share price
₹322.00
Market cap
₹79,618 Cr
Revenue (annual)
₹29,674 Cr
Net profit (annual)
₹4,345 Cr
P/E (TTM)
17.0×Sector 22.0×
Promoter holding
0.00%+0.00% QoQ
FII holding
27.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Debt & Borrowing

Federal Bank Debt & Borrowing: ₹4,800 Cr

Federal Bank's Board approved a USD 500 million (~₹4,800 Cr) MTN Programme. Bonds may be issued in tranches to eligible investors on international exchanges.

Value
₹4,800 Cr
20:00 IST BSE
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Federal Bank Board Meeting Date

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