RBL Bank Share Price Target 2024-2030 Fundamentals & Quarterly Results

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RBL Bank Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – RBL Bank is a private sector bank in India, which has expanded its presence throughout the country. The bank provides distinctive services in five business verticals: Corporate banking, Commercial banking, Branch & Business banking, Retail assets, and treasury & financial markets operations.RBL bank Share Price Target

Latest Update – Private sector lender RBL Bank reported a 29 percent increase in net profit, amounting to Rs 372 crore for the June quarter on Saturday. The bank’s core net interest income rose 20 percent to reach 1,700 crore driven by a 19 percent rise in advances. In addition, its net interest margin stood at 5.67 percent.

RBL Bank Overview

RBL Bank was set up in 1943. Its new management team took charge in 2010. After a solid foundation had been put in place, such as a good governance system, relationships, technology infrastructure, quality capital and geographical expansion, the bank commenced its aggressive growth strategy.

Company NameRBL Bank
Listed atNSE & BSE
Head OfficeOne World Center, Tower 2B, 6th Floor, 841, Senapati Bapat Marg, Lower Parel (W), Mumbai 400013.
Board Of Directors
  • Mr.Rajeev Ahuja Executive Director
  • Mr.Ishan Raina Independent Director
  • Mr.Manjeev Singh Puri Independent Director
  • Mr.Chandan Sinha Independent Director
  • Ms.Ranjana Agarwal Independent Director
  • Dr.Sivakumar Gopalan Independent Director
  • Dr.Somnath Ghosh Independent Director
  • Mr.R Subramaniakumar Managing Director & CEO
  • Mr.Yogesh Dayal Nominee Director
  • Mr.Prakash Chandra Non Exe.Chairman&Ind.Director
  • Ms.Veena Mankar Non Executive Director
  • Mr.Vimal Bhandari Non Independent Director
  • Mr.Gopal Jain Non Independent Director
Official Websiterblbank.com

RBL Business Profile

The bank has 388 ATM machines and 538 branches of the network; this means that there are also around 1200 business correspondent branches in India. It covers 500 districts and serves 18,000 pin codes.

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Customer Base

The bank has more than 1.4Cr customers across services. A total of over 6lakhs were acquired in the third quarter of fiscal year 2024.

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Loan Book

58% of loan book consists of retail loans the rest 42% consists of wholesale loans
Corporate and Institutional Banking (C&IB) – 31%
Commercial Banking – 11%
Business loans – 9%
Credit Cards – 20%
Personal Loans – 4%
Microfinance – 9%
Housing Loan – 8%
Rural vehicle Finance – 2%
Retail Agri – 2%
Others – 4%

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Exposure

The Bank’s diversified wholesale loan books have very low exposure to any single industry. Top industries by exposure include NBFCs (5.1%), Power (3.9%), Construction (3.5%), Retail/Distribution (3.1%), Engineering (2.3%), Pharma (2.1%), Metals (1.8%), Auto (1.7%), Professional Services (1.4%) and Cement (1.4%).[8]The highest bank’s retail loans are in Credit cards (34%), Business Loan (16%), Micro-Banking (15%), Housing Loans (13%), Personal Loans (8%).

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RBL Bank Fundamentals & Quarterly Results

Market Cap₹ 15,263 Cr.
Current Price₹ 252
High / Low₹ 301 / ₹ 144
Stock P/E13.0
Book Value₹ 226
Dividend Yield0.59 %
ROCE6.80 %
ROE8.60 %
Face Value₹ 10.0
Debt to equity7.23
Debt Capacity-3.87
Debt preceding year₹ 98,218 Cr.
Debt₹ 98,218 Cr.
Reserves₹ 12,977 Cr.
EPS₹ 19.3
EPS last year₹ 19.3
Pledged percentage0.00 %
FCF Prev Ann₹ -11,267 Cr.
EVEBITDA13.8
Industry PE12.2
PEG Ratio2.12
Piotroski score5.00
Earnings yield7.25 %
Sales growth 5Years14.5 %

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RBL Bank Quarterly Results

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Revenue2,0442,1312,0892,2862,4982,6422,8563,0083,1913,339
Interest1,0341,0001,0621,1111,2201,2851,4341,5331,6461,739
Expenses +1,3861,3861,3651,4871,6211,6721,7262,0892,0162,002
Financing Profit-376-255-337-312-344-315-304-614-470-402
Financing Margin %-18%-12%-16%-14%-14%-12%-11%-20%-15%-12%
Other Income +583511614583618674685704778875
Depreciation0000000000
Profit before tax20725727627127435938191307473
Tax %25%23%27%26%24%25%24%-224%24%25%
Net Profit +156198201202209271288294233353
EPS in Rs2.603.303.363.363.494.524.804.893.875.83
Gross NPA %4.84%4.40%4.08%3.80%3.61%3.37%3.22%3.12%3.12%2.65%
Net NPA %1.85%1.34%1.16%1.26%1.18%1.10%1.00%0.78%0.80%0.74%

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CAGR Report

Compounded Sales Growth:

PeriodGrowth Rate
10 Years25%
5 Years14%
3 Years14%
TTM36%

Compounded Profit Growth:

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PeriodGrowth Rate
10 Years29%
5 Years6%
3 Years32%
TTM32%

Stock Price CAGR:

PeriodCAGR
10 Years–
5 Years-18%
3 Years6%
1 Year73%

Return on Equity:

PeriodROE
10 Years7%
5 Years5%
3 Years5%
Last Year9%

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RBL Bank Shareholding Pattern

Shareholder TypeMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
FIIs +11.84%18.93%22.15%28.35%34.25%30.59%24.66%25.14%
DIIs +9.71%13.54%21.27%27.22%22.74%19.05%19.77%20.12%
Government +0.01%0.03%0.15%0.43%0.36%0.36%0.42%0.42%
Public +78.44%67.50%56.42%44.01%42.64%50.00%55.14%54.32%
No. of Shareholders1,65,8021,93,7601,64,0072,08,0453,22,4724,67,4154,04,4383,58,110

RBL Bank Share Price Target 2024-2030 Forecast

YearShare Price Target 1Share Price Target 2
2024₹296₹322
2025₹357₹429
2026₹422₹600
2027₹485₹794
2028₹546₹1,006
2029₹607₹1,134
2030₹669₹1,307

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RBL Bank Share Price Target 2025

2025Share Price Target 1Share Price Target 2
January₹298₹321
February₹309₹333
March₹307₹339
April₹318₹357
May₹330₹367
June₹342₹381
July₹324₹371
August₹330₹386
September₹318₹385
October₹327₹394
November₹350₹421
December₹357₹429

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RBL Bank Share Price Target 2026

2026Share Price Target 1Share Price Target 2
January₹362₹448
February₹374₹464
March₹372₹471
April₹381₹499
May₹392₹503
June₹407₹534
July₹386₹525
August₹395₹551
September₹380₹527
October₹390₹550
November₹414₹582
December₹422₹600

RBL Bank Share Price Target 2027

2027Share Price Target 1Share Price Target 2
January₹428₹612
February₹436₹622
March₹434₹650
April₹443₹658
May₹457₹688
June₹468₹698
July₹451₹701
August₹459₹724
September₹445₹710
October₹452₹726
November₹478₹765
December₹485₹794

RBL Bank Share Price Target 2028

2028Share Price Target 1Share Price Target 2
January₹490₹806
February₹502₹819
March₹498₹842
April₹507₹853
May₹521₹889
June₹533₹903
July₹513₹883
August₹521₹923
September₹506₹914.47
October₹521₹934
November₹543₹975
December₹546₹1,006

RBL Bank Share Price Target 2029

2028Share Price Target 1Share Price Target 2
January₹550₹1030
February₹545₹1019
March₹530₹1042
April₹537₹1053
May₹541₹1079
June₹553₹1067
July₹563₹1073
August₹571₹1083
September₹586₹1094
October₹591₹1114
November₹599₹1125
December₹607₹1134

RBL Bank Share Price Target 2030

2028Share Price Target 1Share Price Target 2
January₹620₹1150
February₹602₹1159
March₹598₹1120
April₹607₹1143
May₹621₹1169
June₹633₹1183
July₹643₹1193
August₹651₹1212
September₹646₹1240
October₹651₹1270
November₹660₹1290
December6691307

Official Website – rblbank.com

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