Yes Bank Ltd
YESBANK NSE
Yes Bank Ltd
Financial Services F&ONSE: YESBANK BSE: 532648 Banks
Key Fundamentals
MidcapPrivate BankBanksMarket Cap
₹71,528 Cr
Volatility
Moderate
P/E Ratio
18.99
EBITDA
₹5,221 Cr
Return on Equity
6.86%
Debt to Equity
0
Book Value
₹16.71
EPS
₹0.46
52W High
₹25.78
52W Low
₹17.2
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Yes Bank Ltd insights
57 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 24.6% CAGR over last 5 years
Weaknesses
7- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.55% over past five years.
- Company has a low return on equity of 5.33% over last 3 years.
- Contingent liabilities of Rs.12,24,826 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.7,130 Cr.
Growth Rate
Revenue Growth
0.59% ↘
Net Income Growth
43.55% ↗
Cash Flow Change
232.22% ↗
ROE
34.25% ↗
ROCE
-10.25% ↘
EBITDA Margin (Avg.)
-0.75% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 7d agoAI opinion · based on fundamentals
Risk high
Yes Bank Ltd trades at a market cap of Rs.71,183 Cr with a P/E of 18.9x and P/B of 1.36x. The bank has shown strong profit growth of 38% TTM and 69% CAGR over 3 years, but carries contingent liabilities of Rs.12,24,826 Cr and a low 3-year average ROE of 5.33%.
Bull Case 7
- Strong TTM profit growth of 38%, indicating improving earnings momentum
- 3-year compounded profit CAGR of 69%, reflecting rapid recovery from its prior crisis
- 5-year profit CAGR of 24.6%, demonstrating sustained earnings improvement
- ROE improving from 5% (3-year average) to 7% last year, showing gradual return profile enhancement
- P/B ratio of 1.36x is moderate for a recovering bank, suggesting the stock is not excessively priced relative to book value
- 1-year stock CAGR of 21%, reflecting positive market sentiment and price discovery
- 10-year compounded sales growth of 8% indicates the bank has maintained its revenue base through the restructuring period
Bear Case 8
- Contingent liabilities of Rs.12,24,826 Cr represent a massive potential exposure relative to the Rs.71,183 Cr market cap
- Zero dividend payout despite reporting repeated profits, signaling capital conservation needs or regulatory constraints
- Low interest coverage ratio indicates vulnerability to rate movements and asset quality stress
- 3-year average ROE of only 5.33% is well below the banking sector norm of 12-15%
- 10-year stock CAGR of -22% reflects the destruction of long-term shareholder value from the 2020 crisis
- TTM sales growth at 0% suggests revenue stagnation in the most recent period
- Other income of Rs.7,130 Cr included in earnings raises questions about core operating income quality
- Possible capitalization of interest costs may be flattering reported profitability
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 8h ago Positives 2
- FY26 net profit up 44.5% Jul 27
YES Bank reported net profit of ₹3,476 crore for FY26, a 44.5% YoY growth, with RoA reaching 1.0% in Q4 FY26.
- $850M note programme cleared Aug 15
Yes Bank received no-comments letters from India INX and NSE IX for its $850 million medium term note programme, with offering circulars now live on exchange websites.
Neutral 2
- Emkay Confluence 2026 participation Aug 6
Yes Bank will hold physical group and one-on-one meetings with institutional investors and analysts at Emkay Confluence 2026 in Mumbai from August 12-14, 2026.
- 22nd AGM scheduled Aug 19 Jul 26
Yes Bank scheduled its 22nd AGM for August 19, 2026, with e-voting via KFin Technologies from August 16-18.
TL;DR: Yes Bank is delivering strong earnings momentum with 44.5% profit growth and RoA hitting 1.0%, signalling a continued turnaround. The $850M MTN programme approval opens access to international debt markets for funding diversification. No material headwinds are visible in recent news flow. The trend is clearly improving, with profitability metrics normalising and capital market access expanding.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,445 | 6,714 | 6,989 | 7,458 | 7,725 | 7,737 | 7,833 | 7,623 | 7,605 | 7,389 | 7,553 | 7,662 | 8,054 |
| Expenses | 2,726 | 2,883 | 2,948 | 3,340 | 2,820 | 2,984 | 2,969 | 3,080 | 3,110 | 3,129 | 2,961 | 2,999 | 3,345 |
| Financing Profit | -730 | -962 | -934 | -1,191 | -580 | -791 | -753 | -809 | -740 | -833 | -501 | -366 | -559 |
| Fin. Margin % | -11% | -14% | -13% | -16% | -8% | -10% | -10% | -11% | -10% | -11% | -7% | -5% | -7% |
| Other Income | 1,192 | 1,267 | 1,255 | 1,642 | 1,271 | 1,488 | 1,583 | 1,815 | 1,825 | 1,724 | 1,720 | 1,816 | 1,870 |
| Interest | 4,449 | 4,794 | 4,975 | 5,309 | 5,486 | 5,544 | 5,617 | 5,352 | 5,235 | 5,093 | 5,093 | 5,030 | 5,269 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 462 | 304 | 320 | 451 | 691 | 697 | 830 | 1,006 | 1,085 | 891 | 1,218 | 1,449 | 1,311 |
| Tax % | 25% | 25% | 24% | -4% | 25% | 19% | 25% | 26% | 25% | 25% | 21% | 25% | 18% |
| Net Profit | 347 | 229 | 243 | 467 | 516 | 567 | 619 | 745 | 809 | 664 | 957 | 1,082 | 1,072 |
| EPS in Rs | 0.12 | 0.08 | 0.08 | 0.16 | 0.16 | 0.18 | 0.2 | 0.24 | 0.26 | 0.21 | 0.3 | 0.34 | 0.34 |
| Gross NPA % | 2% | 2% | 2% | 1.7% | 1.7% | 1.6% | 1.6% | 1.6% | 1.6% | 1.6% | 1.5% | 1.3% | 1.3% |
| Net NPA % | 1% | 0.9% | 0.9% | 0.6% | 0.5% | 0.5% | 0.5% | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% | 0.2% |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,572 | 13,533 | 16,425 | 20,269 | 29,624 | 26,052 | 20,039 | 19,019 | 22,702 | 27,606 | 30,919 | 30,208 | 30,658 |
| Expenses | 2,548 | 3,429 | 4,790 | 6,595 | 11,834 | 39,246 | 14,937 | 8,058 | 10,371 | 11,350 | 11,360 | 11,621 | 12,434 |
| Financing Profit | 940 | 1,139 | 1,008 | 1,144 | -2,021 | -32,452 | -7,509 | -1,568 | -2,468 | -3,272 | -2,439 | -1,863 | -2,260 |
| Fin. Margin % | 8% | 8% | 6% | 6% | -7% | -125% | -37% | -8% | -11% | -12% | -8% | -6% | -7% |
| Other Income | 2,048 | 2,729 | 4,218 | 5,293 | 4,675 | 11,956 | 3,107 | 3,405 | 3,883 | 5,355 | 6,157 | 7,084 | 7,130 |
| Interest | 8,083 | 8,965 | 10,627 | 12,529 | 19,811 | 19,258 | 12,611 | 12,528 | 14,800 | 19,527 | 21,998 | 20,450 | 20,484 |
| Depreciation | 86 | 112 | 173 | 232 | 305 | 342 | 360 | 403 | 433 | 546 | 493 | 578 | 0 |
| PBT | 2,902 | 3,756 | 5,053 | 6,205 | 2,349 | -20,838 | -4,762 | 1,434 | 981 | 1,538 | 3,224 | 4,643 | 4,870 |
| Tax % | 31% | 33% | 34% | 32% | 27% | -21% | -27% | 26% | 25% | 16% | 24% | 24% | — |
| Net Profit | 1,997 | 2,530 | 3,340 | 4,233 | 1,709 | -16,433 | -3,489 | 1,064 | 736 | 1,285 | 2,447 | 3,512 | 3,775 |
| EPS in Rs | 9.56 | 12.03 | 14.63 | 18.38 | 7.38 | -13.09 | -1.39 | 0.42 | 0.26 | 0.45 | 0.78 | 1.12 | 1.19 |
| Div. Payout % | 19% | 17% | 16% | 15% | 27% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 418 | 421 | 456 | 461 | 463 | 2,510 | 5,011 | 5,011 | 5,751 | 5,754 | 6,271 | 6,276 |
| Reserves | 11,248 | 13,342 | 21,583 | 25,292 | 26,424 | 19,185 | 28,127 | 28,688 | 34,967 | 36,402 | 41,562 | 44,882 |
| Borrowing | 26,220 | 31,659 | 38,607 | 74,894 | 1,08,424 | 1,13,790 | 63,949 | 72,340 | 77,754 | 80,508 | 71,971 | 65,451 |
| Deposits | 91,159 | 1,11,704 | 1,42,857 | 2,00,689 | 2,27,558 | 1,05,311 | 1,62,846 | 1,97,063 | 2,17,382 | 2,66,230 | 2,84,420 | 3,18,969 |
| Other Liabilities | 7,098 | 8,117 | 11,556 | 11,115 | 17,990 | 17,036 | 13,660 | 15,476 | 19,350 | 17,469 | 19,892 | 34,626 |
| Total Liabilities | 1,36,143 | 1,65,243 | 2,15,060 | 3,12,450 | 3,80,860 | 2,57,832 | 2,73,593 | 3,18,578 | 3,55,204 | 4,06,362 | 4,24,116 | 4,70,204 |
| Fixed Assets | 296 | 414 | 612 | 765 | 778 | 730 | 2,096 | 2,016 | 2,156 | 2,509 | 2,872 | 3,097 |
| CWIP | 26 | 60 | 75 | 72 | 51 | 294 | 63 | 125 | 296 | 357 | 206 | 101 |
| Investments | 43,193 | 48,788 | 49,982 | 68,293 | 89,329 | 43,748 | 43,115 | 51,754 | 76,749 | 89,997 | 84,725 | 87,755 |
| Other Assets | 92,628 | 1,15,980 | 1,64,391 | 2,43,319 | 2,90,701 | 2,13,061 | 2,28,320 | 2,64,683 | 2,76,003 | 3,13,499 | 3,36,313 | 3,79,251 |
| Total Assets | 1,36,143 | 1,65,243 | 2,15,060 | 3,12,450 | 3,80,860 | 2,57,832 | 2,73,593 | 3,18,578 | 3,55,204 | 4,06,362 | 4,24,116 | 4,70,204 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -2,317 | -304 | 4,384 | -21,810 | -24,573 | -57,721 | 55,396 | 23,598 | -25,816 | 9,645 | 6,386 | 21,217 |
| Investing | -3,591 | -4,023 | -4,478 | -8,738 | -6,235 | 14,128 | 441 | -14,566 | -13,026 | -12,453 | 8,514 | -4,952 |
| Financing | 7,574 | 4,989 | 11,429 | 35,748 | 33,039 | 25,038 | -34,942 | 8,391 | 11,450 | 2,771 | -5,651 | -6,485 |
| Net Cash Flow | 1,666 | 662 | 11,336 | 5,199 | 2,231 | -18,555 | 20,895 | 17,423 | -27,392 | -38 | 9,249 | 9,780 |
| Free Cash Flow | -2,428 | -569 | 3,999 | -22,195 | -24,871 | -58,256 | 55,137 | 23,199 | -26,555 | 8,683 | 5,665 | 20,515 |
| CFO/OP | -14 | 10 | 54 | -143 | -123 | 433 | 1,101 | 216 | -209 | 62 | 33 | 109 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 21% | 20% | 19% | 18% | 6% | -68% | -13% | 3% | 2% | 3% | 5% | 7% |
Documents
1
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
20 Jun - Intimation of allotment of equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and YBL RSU Plan 2024 20 Jun - Intimation of allotment of equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and YBL RSU Plan 2024
Frequently Asked Questions about Yes Bank Ltd
What does Yes Bank Ltd do?
Incorporated in 2003, Yes Bank Ltd is engaged in providing a wide range of banking and financial services[1]
Where is Yes Bank Ltd (YESBANK) listed?
Yes Bank Ltd is listed on the Indian stock exchanges. It is listed on NSE: YESBANK and BSE: 532648. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Yes Bank Ltd belong to?
Yes Bank Ltd operates in the Financial Services sector within the Banks industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Yes Bank Ltd?
Yes Bank Ltd has a market capitalisation of approximately ₹71528.44 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Yes Bank Ltd?
The Price-to-Earnings (PE) ratio of Yes Bank Ltd is 18.99. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Yes Bank Ltd?
Over the past 52 weeks, Yes Bank Ltd has traded between a low of ₹17.2 and a high of ₹25.78. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Yes Bank Ltd?
Yes Bank Ltd has a Return on Equity (ROE) of 6.86%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Yes Bank Ltd on Tapetide?
On Tapetide, you can view Yes Bank Ltd'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
Incorporated in 2003, Yes Bank Ltd is engaged in providing a wide range of banking and financial services[1]
Website yesbank.in
CEO Mr. Prashant Kumar
Employees 28,690
Listed 2005-07-12
Face Value ₹ 2
Issued Size 31,37,84,43,140