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

Yes Bank Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Mr Ashok Kumar and Mr Rana Kapoor founded the Yes Bank in 2004 after having started an idea in 1999. The Retail, MSME, and Corporate Banking sectors are within their areas of service and it runs in 700 cities in India where it has 1192 branches alongside 13021 ATMs.

On March 5th 2020, Yes Bank Ltd was taken over by the Reserve Bank of India; RBI citing deteriorating asset quality, inadequate capital and dodgy accounting practices and sold it to a group of Banks.Yes Bank Share Price target

Yes Bank Overview

YES BANK is a full-service commercial bank situated in Mumbai offering a wide range of products, services, and digital solutions to satisfy Retail, MSME, as well as Corporate clients’ needs with its headquarters located at GIFT City, IBU (International Banking Unit) within India and also has an office in Abu Dhabi. The bank does stockbrokering through YES SECURITIES which is owned wholly by it.

Company NameYes Bank
Listed atNSE & BSE
Head OfficeYES BANK House,
Off Western Express Highway,,Santacruz East,
Mumbai
Maharashtra
400055
Board Of Directors
  • Mr.Rajan Pental Executive Director
  • Mr.Sharad Sharma Independent Director
  • Mr.Sanjay Kumar Khemani Independent Director
  • Mr.Sadashiv Srinivas Rao Independent Director
  • Ms.Nandita Gurjar Independent Director
  • Mr.Atul Malik Independent Director
  • Ms.Rekha Murthy Independent Director
  • Mr.Prashant Kumar Managing Director & CEO
  • Ms.Shweta Jalan Nominee Director
  • Mr.Sandeep Tewari Nominee Director
  • Mr.Thekepat Keshav Kumar Nominee Director
  • Mr.Sunil Kaul Nominee Director
  • Mr.R Gandhi Part Time Chairman & Independent Director
Official Websiteyesbank.in

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Yes bank Business Profile

YES Bank is a full-service commercial bank offering various products, services and digital offerings which cater to retail, MSME and corporate clients. The Bank operates its investment banking, merchant banking and brokerage business through YES Securities, a fully-owned subsidiary.

YBL has a pan Indian network with approximately 1192 branches, more than 300 ATMs and150 BCBO distributed across 300 districts in India. In addition, YBL has put up a representative office in Abu Dhabi. Moreover, YBL boasts of an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT).

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Loans & Advances

Bills purchased and discounted ~2%, Cash credit, overdrafts and demand loans ~24%, Term loans ~76%. Of these, Advances in India constituted approximately 96% while Advances Outside India constituted approximately 4%.

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Revenue Breakup

Interest/ discount on advances/ bills ~67%, Income on investments (including dividend) ~13%, Interest on balances with Reserve Bank of India and other inter-bank funds ~3%, Others ~2%, Other Income ~15%

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Past issues

The banks’ GNPA ratio is high since many corporate loans given to the Anil Ambani Group, Subhash Chandra’s Essel Group, DHFL, Il&FS, Jet Airways, Cox & Kings, Go travels, McLeod Russel, Omkar Realtors, Radius Developers and CG Power failed. The amount of money taken from these groups that turned out to be nonperforming was approximately Rs 35,000 crore.

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The former State Bank of India Chief Financial Officer Prashant Kumar was appointed as an administrator for the bank by the RBI, replacing the Board of Directors of Yes Bank on March 5th, 2020.

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Reconstruction Scheme

On 14th March 2020 a private and public invest in YES Bank to avoid it collapse equity was invested in the Bank during March 2020 by so many private and public institutions to protect YES Bank from collapsing. They were issued equity shares of FV ₹2 each at a premium of ₹10 per share. In addition, any investor is required to lock-in 75% of his or her allotted equity shares for a period of 3 years. Furthermore, the ownership level of SBI will not be less than 26% after March 2020 until the end of this scheme in three years according to the reconstruction Scheme.

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Unlocking of Shares

YBL communicated that the shares which were locked for 3 years as per the YES Bank Limited Reconstruction Scheme 2020, were released through the automated system of depositories on March 13th 2023.

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Latest Developments

  • During the financial year of 2023, we opened 83 new branches in addition to the existing 1122 branches from the last financial year, hence bringing the total number of branches to 1,192.
  • In partnership with National E-Governance Services Limited (NeSL), the first Electronic Bank guarantee (e-BG) was issued.
  • We have gone into partnership with Aadhar Housing Finance to provide convenient home finance solutions which would go a long way towards enabling people to purchase their own homes.
  • Being among the first banks in Asia Pacific that introduced a debit card on the elite world platform of mastercard is a feat that is referred to as a global program that caters for customers who have ultra high net worthomo (uhnic).
  • The first bank in Asia Pacific to unveil a Mastercard-branded debit card using the prestigious World Elite Platform – a distinct global program focusing on the specific demands of Ultra High Net Worth individual (UHNI) customer
  • In May 2023, a new logo and integrated 360-degree campaign, Life Ko Banao Rich launched by Bank meant a new brand identity.

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Sale of Subsidiaries

The bank had three subsidiaries under it viz. Yes Securities (India) Limited, YES Asset Management (India) Limited and YES Trustee Limited. On November 1st 2021, The bank sold all its shares in YES Asset Management (India) Limited and YES Trustee Limited to GPL Finance and Investments Limited.

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Yes Bank Fundamentals & Quarterly Results

TermValue
Market Cap₹ 69,110 Cr.
Current Price₹ 23.0
High / Low₹ 32.8 / 14.1
Stock P/E53.8
Book Value₹ 13.8
Dividend Yield0.00 %
ROCE6.29 %
ROE3.23 %
Face Value₹ 2.00
Debt to Equity7.42
Debt Capacity-2.83
Debt preceding year₹ 2,95,136 Cr.
Debt₹ 2,95,136 Cr.
Reserves₹ 34,019 Cr.
EPS₹ 0.45
EPS last year₹ 0.45
Pledged percentage0.00 %
FCF Prev Ann₹ -26,555 Cr.
EV/EBITDA16.4
Industry PE12.5
PEG Ratio-9.71
Piotroski score6.00
Earnings yield6.11 %
Sales growth 5Years-1.40 %

Yes Bank Quarterly Results

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Revenue4,9475,1355,4755,8746,2186,4456,7146,9897,458
Interest3,1303,2873,4873,9084,1174,4494,7944,9755,309
Expenses2,2352,2142,7033,0062,8812,7262,8832,9483,340
Financing Profit-418-366-716-1,041-780-730-962-934-1,191
Financing Margin %-8%-7%-13%-18%-13%-11%-14%-13%-16%
Other Income9267859311,1131,0551,1921,2671,2551,642
Depreciation000000000
Profit before tax50841921572275462304320451
Tax %27%25%25%24%25%25%25%24%-4%
Net Profit37231416055206347229243467
EPS in Rs0.150.130.060.020.070.120.080.080.16
Gross NPA %13.93%13.40%12.90%2.00%2.20%2.00%2.00%2.00%1.70%
Net NPA %4.53%4.20%3.60%1.00%0.83%1.00%0.90%0.90%0.60%

CAGR Report

10 Years5 Years3 YearsTTM (Trailing Twelve Months)
Compounded Sales Growth11%-1%11%22%
Compounded Profit Growth-2%-6%33%76%
Stock Price CAGR-15%-31%20%47%
Return on Equity-1%-10%3%3%

Yes Bank Shareholding Pattern

ShareholderMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024May 2024
Promoters19.80%1.42%0.00%0.00%0.00%0.00%0.00%
FIIs40.33%1.86%13.77%10.97%23.10%22.01%28.42%
DIIs20.98%69.17%46.71%44.01%37.77%41.50%38.09%
Government0.00%0.00%0.00%0.00%0.01%0.01%0.01%
Public18.89%27.55%39.52%45.02%39.10%36.47%33.47%
No. of Shareholders7,68,95420,44,10935,55,94143,61,34550,57,38761,54,88862,28,281

Yes Bank Share Price Target 2024-2030 Forecast

YearShare Price Target
202428
202538.3
202646.45
202756.10
202853.80
202979.55
203098.65

Yes Bank Share Price Target 2025

MonthTarget Price
 January₹32.50
 February₹33.10
 March₹32.30
 April₹34.20
 May₹34.50
 June₹35.20
 July₹35.90
 August₹36.45
 September₹36.80
 October₹36.95
 November₹37.20
 December₹38.30

Yes Bank Share Price Target 2026

MonthTarget Price
 January₹39.40
 February₹41.20
 March₹42.30
 April₹40.20
 May₹42.80
 June₹43.20
 July₹42.90
 August₹44.10
 September₹44.90
 October₹45.20
 November₹45.80
 December₹46.45

Yes Bank Share Price Target 2027

MonthTarget Price
 January₹47.10
 February₹48.20
 March₹49.30
 April₹50.10
 May₹50.50
 June₹51.30
 July 2027₹52.40
 August₹52.90
 September₹53.10
 October₹54.50
 November₹55.20
 December₹56.10

Yes Bank Share Price Target 2028

MonthTarget Price
 January₹57.30
 February₹58.50
 March₹57.60
 April₹58.10
 May₹58.20
 June₹58.80
 July₹59.20
 August₹59.80
 September₹60.20
 October₹60.70
 November₹61.90
 December₹63.80

Yes Bank Share Price Target 2029

MonthTarget Price
 January₹64.25
 February₹65.10
 March₹64.70
 April₹66.20
 May₹67.80
 June₹69.35
 July₹71.80
 August₹73.09
 September₹72.45
 October₹75.35
 November₹78.90
 December₹79.55

Yes Bank Share Price Target 2030

MonthTarget Price
 January₹80.30
 February₹82.40
 March₹84.50
 April₹85.35
 May₹86.45
 June₹88.25
 July₹89.15
 August₹91.60
 September₹93.55
 October₹95.70
 November₹97.65
 December₹98.65

Official Website – yesbank.in

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