C
Corporation Bank(Merged)
CORPBANK NSE
This stock has been delisted or merged and is no longer actively traded.
Corporation Bank(Merged)
DelistedNSE: CORPBANK
This stock has been delisted or merged and is no longer actively traded.
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 0.43 times its book value
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.73% over past five years.
- Company has a low return on equity of -31.3% over last 3 years.
- Contingent liabilities of Rs.51,092 Cr.
- Earnings include an other income of Rs.3,750 Cr.
Growth Rate
Revenue Growth
4.00% →
Net Income Growth
62.00% →
Cash Flow Change
-
ROE
-16.00% ↘
ROCE
-
EBITDA Margin (Avg.)
-
Quarterly Results
| Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|
| Sales | 4,191 | 3,971 | 3,818 | 3,643 | 3,989 | 4,009 | 4,155 |
| Expenses | 2,433 | 1,613 | 1,582 | 9,802 | 1,606 | 1,813 | 2,550 |
| Operating Profit | 1,757 | 2,357 | 2,237 | -6,159 | 2,383 | 2,196 | 1,604 |
| OPM % | 42% | 59% | 59% | -169% | 60% | 55% | 39% |
| Other Income | 789 | 247 | 294 | 552 | 432 | 706 | 1,897 |
| Interest | 2,626 | 2,513 | 2,515 | 2,460 | 2,687 | 2,673 | 2,777 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -80 | 92 | 16 | -8,067 | 128 | 229 | 725 |
| Tax % | -207% | -13% | -280% | -18% | 18% | 43% | 42% |
| Net Profit | 86 | 104 | 60 | -6,575 | 105 | 131 | 421 |
| EPS in Rs | 0.52 | 0.62 | 0.24 | -10.97 | 0.18 | 0.22 | 0.7 |
Profit & Loss
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,067 | 6,988 | 9,135 | 13,018 | 15,334 | 17,959 | 19,556 | 19,411 | 19,472 | 17,628 | 15,623 | 16,171 |
| Expenses | 1,357 | 1,665 | 2,196 | 2,655 | 3,257 | 4,760 | 4,850 | 6,347 | 6,822 | 11,032 | 13,539 | 11,195 |
| Operating Profit | 4,710 | 5,323 | 6,939 | 10,363 | 12,077 | 13,199 | 14,707 | 13,064 | 12,649 | 6,596 | 2,084 | 4,976 |
| OPM % | 78% | 76% | 76% | 80% | 79% | 73% | 75% | 67% | 65% | 37% | 13% | 31% |
| Other Income | 1,111 | 1,499 | 1,266 | 1,507 | 1,620 | 1,657 | 1,474 | 1,743 | 3,098 | 2,319 | 1,881 | 3,750 |
| Interest | 4,371 | 5,083 | 6,195 | 9,871 | 11,906 | 14,174 | 15,485 | 15,171 | 15,020 | 12,789 | 10,114 | 10,941 |
| Depreciation | 55 | 66 | 69 | 80 | 97 | 113 | 123 | 138 | 161 | 175 | 177 | 180 |
| PBT | 1,395 | 1,673 | 1,940 | 1,920 | 1,694 | 568 | 573 | -502 | 566 | -4,050 | -6,325 | -2,395 |
| Tax % | 35% | 29% | 27% | 21% | 15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 900 | 1,181 | 1,420 | 1,518 | 1,443 | 568 | 573 | -502 | 566 | -4,050 | -6,325 | -2,395 |
| EPS in Rs | — | — | 19.18 | 20.5 | 18.88 | 6.79 | 6.84 | -4.91 | 4.93 | -24.32 | -10.55 | -4 |
| Div. Payout % | 20% | 20% | 21% | 20% | 20% | 20% | 20% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 143 | 143 | 148 | 148 | 153 | 168 | 168 | 204 | 229 | 333 | 1,199 | 1,199 |
| Reserves | 4,799 | 5,688 | 7,053 | 8,197 | 9,450 | 9,960 | 10,346 | 11,195 | 12,520 | 10,555 | 15,416 | 12,597 |
| Borrowings | 78,499 | 1,01,797 | 1,32,704 | 1,50,383 | 1,78,897 | 2,06,377 | 2,09,758 | 2,18,253 | 2,27,019 | 2,05,480 | 1,92,958 | 2,07,559 |
| Other Liabilities | 3,451 | 4,079 | 3,660 | 4,896 | 4,971 | 5,550 | 5,748 | 5,215 | 8,151 | 5,558 | 4,051 | 8,133 |
| Total Liabilities | 86,893 | 1,11,707 | 1,43,566 | 1,63,624 | 1,93,471 | 2,22,055 | 2,26,019 | 2,34,867 | 2,47,920 | 2,21,926 | 2,13,624 | 2,29,489 |
| Fixed Assets | 301 | 289 | 328 | 356 | 440 | 462 | 523 | 1,275 | 1,289 | 1,228 | 1,418 | 1,379 |
| CWIP | 0 | 5 | 3 | 2 | 3 | 4 | 4 | 2 | 2 | 1 | 4 | 1 |
| Investments | 24,915 | 34,552 | 43,497 | 47,529 | 58,185 | 66,190 | 53,317 | 63,277 | 64,096 | 70,379 | 60,019 | 66,377 |
| Other Assets | 61,677 | 76,861 | 99,738 | 1,15,737 | 1,34,843 | 1,55,399 | 1,72,176 | 1,70,312 | 1,82,534 | 1,50,318 | 1,52,184 | 1,61,733 |
| Total Assets | 86,893 | 1,11,707 | 1,43,566 | 1,63,624 | 1,93,471 | 2,22,055 | 2,26,019 | 2,34,867 | 2,47,920 | 2,21,926 | 2,13,624 | 2,29,489 |
Cash Flow
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4,152 | 1,685 | 501 | 3,024 | 0 | 2,139 | -1,290 | 2,611 | 9,550 | -15,999 | -6,753 | 6,293 |
| Investing | -87 | -59 | -106 | -108 | 0 | -135 | -182 | -207 | -189 | -127 | -114 | -135 |
| Financing | -182 | -134 | 32 | -344 | 0 | -448 | -28 | 38 | 508 | 2,394 | 8,119 | -1,723 |
| Net Cash Flow | 3,883 | 1,492 | 427 | 2,571 | 0 | 1,556 | -1,500 | 2,442 | 9,869 | -13,732 | 1,251 | 4,435 |
| Free Cash Flow | 4,065 | 1,626 | 395 | 2,916 | 0 | 2,003 | -1,474 | 2,402 | 9,361 | -16,130 | -6,869 | 6,157 |
| CFO/OP | 100 | 44 | 14 | 36 | 0 | 16 | -9 | 20 | 76 | -243 | -324 | 126 |
Ratios
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 276 | 75 | 78 | 60 | 81 | 6 | 236 | 273 | 311 | 234 | 300 | 157 |
| ROCE % | 8% | 7% | 7% | 8% | 8% | 7% | 7% | 7% | 7% | 4% | 2% | 4% |
Documents
Frequently Asked Questions about Corporation Bank(Merged)
What does Corporation Bank(Merged) do?
Corporation Bank is engaged in lending and borrowing activities. The Bank's segments include Treasury Operations, Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal, corporate, non-resident Indian (NRI) and priority banking products and services.(Source : Com...
Where is Corporation Bank(Merged) (CORPBANK) listed?
Corporation Bank(Merged) is listed on the Indian stock exchanges. It is listed on NSE: CORPBANK. You can view its live share price, financials, and ratios on Tapetide.
How can I research Corporation Bank(Merged) on Tapetide?
On Tapetide, you can view Corporation Bank(Merged)'s live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Corporation Bank is engaged in lending and borrowing activities. The Bank's segments include Treasury Operations, Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal, corporate, non-resident Indian (NRI) and priority banking products and services.(Source : Company Web-Site)
Website corpbank.com
Face Value ₹ 2