On 6 Nov 2026, Federal Bank was priced at ₹340.10, or 16.6× trailing earnings. It earns ROE of 13%, and net profit grew 11% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 1.96× book value and its dividend yield is 0.3%. It is a mid-cap company with a market cap of ₹84,024 Cr, ranked 12th of 41 Banks (Regional) companies by market cap; the shares rose 42% over the past year.
- ₹340.00
- ₹340.70
- ₹335.40
- ₹338.50
- 80.7 L
Health check
- ReturnsAhead
+42.3% over a year, better than 7 of 7 peers.
- Price tagIn line
P/B 1.96 vs peer median 1.78.
- GrowthSlow
Profit +11.1% a year over 3 years.
- ProfitabilityAverage
ROE 13.3% vs peer median 14.7%.
- Balance sheetFair
Return on assets 1.33%. Bad-loan data isn’t covered.
- Red flagsNone found
No warning signs in the headline numbers.
Mid cap
Defensive
Key metrics
- Market cap
- ₹84,024 Cr
- Mid cap
- P/E
- 16.6
- Industry 9.2
- Price to book
- 1.96
- Peers 1.78
- Dividend yield
- 0.35%
- ROE
- 13.3%
- Peers 14.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹20.48
- Face value ₹2
- OPM (TTM)
- 44.5%
- Net margin 31.4%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +45.5%
- Latest quarter vs a year ago
- Price to sales
- 5.09
Strengths and risks
Strengths
- Quarterly profit up 45.5% on a year ago.
About Federal Bank
The Federal Bank Limited provides various banking and financial services in India. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, current, salary, GBD super 51, RFC domestic, RFC, EEFC, and gilt accounts, as well as fixed and recurring deposits, and cash certificates; fintech partnership products; and credit card, debit card, smart key chain flash…
- Headquarters
- Aluva
- Employees
- 16,941
- Sector
- Financial Services
- ISIN
- INE171A01029
- Website
- federal.bank.in
Price range
- Avg volume (3M)
- 65.1 L
- 1-year return
- plus 42.3%
- From 52-week high
- minus 8.5%
Analyst consensus
Next results expected around 14 Jan 2027
Peers · Banks - Regional
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HDFCBANKHDFC Bank | 788.25 | plus 3.72% | 12,16,451 | 17.2 | 2.00 | 11.0% | 1.7% | 12.5% | 1.65% | minus 22.9% |
| ICICIBANKICICI Bank | 1,571.20 | plus 4.75% | 11,28,255 | 19.3 | 2.89 | 16.5% | 2.1% | 16.8% | 0.76% | plus 12.2% |
| SBINState Bank of India | 1,018.50 | plus 1.20% | 9,40,138 | 10.4 | 1.40 | 14.7% | 1.2% | 14.4% | 1.70% | plus 5.1% |
| KOTAKBANKKotak Mahindra Bank | 480.00 | plus 2.78% | 4,77,498 | 22.2 | 2.45 | 11.8% | 2.1% | 8.9% | 0.14% | plus 11.4% |
| AXISBANKAxis Bank | 1,322.90 | plus 3.35% | 4,11,985 | 13.8 | 1.78 | 13.9% | 1.6% | 34.6% | 0.08% | plus 4.4% |
| PNBPunjab National Bank | 126.55 | plus 0.36% | 1,45,443 | 6.4 | 0.90 | 15.1% | 1.1% | 76.4% | 2.37% | plus 2.3% |
| UNIONBANKUnion Bank of India | 187.00 | minus 0.53% | 1,42,748 | 6.5 | 1.00 | 16.3% | 1.4% | 31.7% | 2.67% | plus 24.1% |
| FEDERALBNKFederal Bank | 340.10 | plus 0.47% | 84,024 | 16.6 | 1.96 | 13.3% | 1.3% | 11.1% | 0.35% | plus 42.3% |
| Median of 7 peers | – | 2.78% | 4,77,498 | 13.8 | 1.78 | 14.7% | 1.6% | 16.8% | 1.65% | 5.1% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 3,776 | 4,102 | 4,731 | 4,406 | 5,120 | |
| 4,540 | 4,401 | 4,402 | 4,538 | 4,783 | |
| 1,270 | 1,507 | 1,714 | 1,741 | 2,122 | |
| 25.4% | 25.4% | 18.7% | 25.5% | 26.3% | |
| 918 | 1,094 | 1,341 | 1,256 | 1,499 | |
| 3.70 | 4.40 | 5.38 | 4.91 | 5.82 |
Profit & loss
- Profit CAGR 3Y
- +11.1%
- EPS CAGR 3Y
- +5.6%
- ROE
- 13.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10,279 | 12,130 | 14,248 | 16,298 | |
| – | +18.0% | +17.5% | +14.4% | |
| 9,975 | 14,495 | 17,631 | 17,772 | |
| 182 | 234 | 288 | 306 | |
| 0.8 | 156 | 166 | 212 | |
| 4,263 | 5,298 | 5,620 | 5,871 | |
| 25.5% | 25.2% | 24.7% | 23.5% | |
| 3,165 | 3,880 | 4,159 | 4,345 | |
| – | +22.6% | +7.2% | +4.5% | |
| 14.85 | 16.55 | 16.80 | 17.48 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 423 | 487 | 491 | 493 | |
| 21,699 | 29,618 | 34,047 | 39,550 | |
| 25,862 | 22,309 | 30,346 | 30,793 | |
| 2,20,020 | 2,65,425 | 2,95,268 | 3,31,245 | |
| 2,68,004 | 3,17,839 | 3,60,152 | 4,02,081 | |
| 972 | 1,063 | 1,528 | 1,528 | |
| 81.4 | 67 | 72.1 | 108 | |
| 38,957 | 49,617 | 55,826 | 64,225 | |
| 31,396 | 31,126 | 40,841 | 34,602 | |
| 1,96,598 | 2,35,965 | 2,61,886 | 3,01,617 | |
| 2,68,004 | 3,17,839 | 3,60,152 | 4,02,081 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 489 | 6,431 | 8,801 | 4,349 | |
| −9,844 | −8,908 | −3,794 | −11,109 | |
| 6,038 | 3,871 | 7,401 | 2,069 | |
| −3,316 | 1,394 | 12,408 | −4,691 | |
| −484 | −328 | −755 | −308 | |
| 5.3 | 6,103 | 8,046 | 4,041 | |
| −379 | −235 | −294 | −295 |
Shareholding pattern
- Public100.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 0.00% | 100.00% | 0.00 | |
| 30 Jun 2026 | 0.00% | 100.00% | 0.00 | |
| 31 Mar 2026 | 0.00% | 100.00% | 0.00 | |
| 31 Dec 2025 | 0.00% | 100.00% | 0.00 | |
| 30 Sep 2025 | 0.00% | 100.00% | – |
Major shareholders
Filings & events
News
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