Yes Bank Ltd
YESBANK NSE
Yes Bank Ltd
Banks F&ONSE: YESBANK BSE: 532648 Private Bank
Key Fundamentals
MidcapPrivate BankBanksMarket Cap
₹71,780 Cr
Volatility
Moderate
P/E Ratio
19.05
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 5d agoAI opinion · based on fundamentals
Risk high
Yes Bank trades at a market cap of Rs.70,963 Cr with a P/E of 18.9x and P/B of 1.36x. The bank has shown strong profit growth (69% CAGR over 3 years) but carries significant contingent liabilities of Rs.12,24,826 Cr and a low 3-year average ROE of approximately 5%.
Bull Case 7
- Compounded profit growth of 69% CAGR over 3 years indicates a sharp earnings recovery trajectory
- TTM profit growth of 38% shows continued momentum in bottom-line expansion
- P/B ratio of 1.36x is relatively modest for a recovering bank, suggesting valuations are not excessively stretched
- ROE has improved from 4% (5-year average) to 7% in the last year, indicating improving return profile
- Stock CAGR of 22% over 1 year reflects improving market confidence in the turnaround story
- 5-year profit CAGR of 25% confirms sustained earnings normalization post the 2020 restructuring
- P/E of 18.9x is reasonable relative to the high earnings growth rate being delivered
Bear Case 8
- Contingent liabilities of Rs.12,24,826 Cr are extraordinarily large relative to the Rs.70,963 Cr market cap, posing material tail risk
- 3-year average ROE of just 5% remains well below the banking sector average of 12-15%, indicating poor capital efficiency
- Zero dividend payout despite reporting repeated profits suggests management lacks confidence in sustainable earnings or needs to retain capital
- Sales growth of just 8.55% over 5 years is weak for a mid-sized bank in a growing economy
- Low interest coverage ratio signals vulnerability to asset quality deterioration or rate environment changes
- Other income of Rs.7,130 Cr forms a significant portion of earnings, raising questions about core operating income quality
- 10-year stock CAGR of -22% reflects the massive value destruction from the 2020 crisis that shareholders have not recovered from
- 10-year ROE averaging 0% underscores the prolonged period of negligible shareholder value creation
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 3h 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.
- Q1FY27 profit rises 34% YoY Jul 18
Standalone net profit rose 34% YoY to ₹1,070.99 crore in Q1FY27. Asset quality remained stable with gross NPA at 1.3%.
Neutral 3
- $850m MTN programme approved Aug 15
Yes Bank secured a no comments letter from India INX and NSE IX for its $850 million medium term note programme, submitted on August 12, 2026.
- Participation at Emkay Confluence Aug 6
Yes Bank will hold group and one-on-one meetings with institutional investors and analysts at Emkay Confluence 2026 in Mumbai from August 12-14.
- 22nd AGM scheduled Aug 19 Jul 26
Yes Bank scheduled its 22nd AGM for August 19, 2026, with electronic voting open from August 16 to August 18 via KFin Technologies.
TL;DR: Yes Bank is delivering strong earnings momentum with 44.5% profit growth in FY26 and continued 34% YoY growth in Q1FY27, while maintaining stable asset quality at 1.3% gross NPA. The $850m MTN programme signals confidence in tapping international debt markets. No material headwinds are visible in recent news flow, and the profitability trend is clearly improving with RoA hitting the 1.0% milestone.
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)-Credit Rating
14 Aug - India Ratings upgrades Yes Bank issuer and bond ratings to IND AA+/Stable from IND AA-. 14 Aug - India Ratings upgrades Yes Bank issuer and bond ratings to IND AA+/Stable from IND AA-.
2
Intimation On Non-Participation - Schedule Of Analysts/Institutional Investors Conference
14 Aug - YES Bank did not participate in Emkay Confluence 2026 investor meetings on August 12-14, 2026. 14 Aug - YES Bank did not participate in Emkay Confluence 2026 investor meetings on August 12-14, 2026.
3
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 Banks sector within the Private Bank 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 ₹71779.52 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 19.05. 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