YES Bank Ltd., incorporated in the year 2003, is a banking company (having a market cap of Rs 44472.46 Crore).
Financials
The Bank reported a Gross Non Performing Assets (Gross NPAs) of Rs 32344.36 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 7868.13 Crore (.00% of total assets). For the quarter ended 30-09-2020, the company reported a Consolidated Interest Income of Rs 4431.09 Crore, down -2.97 % from last quarter Interest Income of Rs 4566.69 Crore and down -23.88 % from last year same quarter Interest Income of Rs 5821.09 Crore. The bank reported net profit after tax of Rs 120.25 Crore in latest quarter.
Investment Rationale
No change in earnings. Target multiple revision largely led by lower discount rate assumption
Promoter/FII Holdings
Promoters held 63.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 7.1 per cent and DIIs held 5.0 per cent and public and others 24.3 per cent.
