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Earnings Call

Karur Vysya Bank Earnings Call: Key Takeaways

KVB reports strong Q1 FY26-27 results with Net Profit up 45% YoY and Net Interest Margin improving to 4.26%. Strategy emphasizes RAM-led growth (Retail, Agriculture, MSME) and maintaining superior asset quality.

Highlights
MarginsNIM improved to 4.26% from 3.86% YoY.
Order bookGross Advances at ₹1,04,680 Cr; RAM verticals at 86%.
Demand visibilityStrong granular deposit and credit growth momentum.

Growth

Net Profit grew 45% YoY to ₹756 Cr; Net Interest Income rose 32% YoY to ₹1,423 Cr. Advances increased 17% YoY.

Outlook

Strong capital position with CRAR at 18.61% supports further balance sheet expansion and RAM-led credit growth.

Risks

Operating profit declined 12% QoQ; Return on Equity (ROE) dipped slightly from 20.55% to 20.24% QoQ.

Last quarter's promises, checked

Delivered

  • Guided NIM 3.9% to 3.95% → delivered 3.97% (= BEAT)
  • Guided ROA 1.7% to 1.8% → delivered 1.93% (= BEAT)
  • Guided Credit Growth 1% to 2% over industry (approx 18%) → delivered 17% (= PARTIAL)

Partly delivered

  • Guided Cost-to-Income below 50% → delivered 42% (= BEAT/PARTIAL)
Source

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

Read the document ↗

Karur Vysya Bank Ltd: key numbers

Share price
₹327.95
Market cap
₹31,703 Cr
Revenue (annual)
₹11,074 Cr
Net profit (annual)
₹2,510 Cr
P/E (TTM)
11.6×Sector 22.0×
Promoter holding
2.07%+0.00% QoQ
FII holding
17.92%Current quarter

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

More from Karur Vysya Bank Ltd

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17:28 IST BSE
Promoter Buying (Off-Market)

Karur Vysya Bank Promoter Buying (Off-Market)

Promoter group member M S Jeevarekha acquired 66,000 shares (0.01% stake) of Karur Vysya Bank via transmission/inheritance from the late Shri M.K. Srinivasan.

Promoter stake change
+0.01%
12:10 IST NSE
Credit Rating

Karur Vysya Bank Credit Rating

ICRA has reaffirmed the [ICRA]A1+ credit rating for Karur Vysya Bank's Rs. 12,000 Crore Certificate of Deposit programme. This rating reflects the bank's strong liquidity profile.

Value
₹12,000 Cr
18:43 IST BSE
Share Pledge

Karur Vysya Bank Share Pledge

Promoter group member M S Jeevarekha created a pledge on 40,000 shares of Karur Vysya Bank Ltd. This transaction is disclosed under PIT regulations.

15:12 IST NSE
Adverse Business Impact

Karur Vysya Bank Adverse Business Impact

The United Forum of Bank Unions has called for a strike from September 28 to 30, 2026. Karur Vysya Bank expects potential disruptions to normal branch operations.

17:59 IST NSE
Board Meeting Date

Karur Vysya Bank Board Meeting Date

Karur Vysya Bank Limited has scheduled a board meeting for October 15, 2026, to consider and approve the unaudited standalone financial results for the half-year period.

19:09 IST NSE
Capacity Expansion

Karur Vysya Bank Capacity Expansion

Karur Vysya Bank is inaugurating 2 new branches in Coimbatore and Perambalur on 23rd September 2026. This expansion enhances the bank's operational footprint.

new branches
2.0 branches