Assignment of Fundamentals of

Financial Management

Financial structure of Yes Bank

Name by: Shashwat Shukla

Abhi Dey Sarkar
Ashish Tiwari
Aronima Singh
Section E
Semester 3
BBA[IB]
Yes Bank Limited
Yes Bank Limited is an Indian private sector bank founded by Rana Kapoor and Ashok Kapur in
2004.[6] It primarily operates as a corporate bank, with retail banking and also asset management as
subsidiary functions.[7]

Core businesses
Yes Bank Limited derives most of its revenues through arranging syndicated loans and
through corporate banking. It operates as three entities - Yes Bank, Yes Capital and Yes Asset
Management Services. As per the banks website as well as information published, these are
bifurcated as

 Corporate and Institutional Banking

 Commercial Banking
 Investment Banking
 Corporate Finance
 Financial Marketing
 Retail Banking
As of September 2018, Yes bank had taken syndicated loans from eight large international entities
including ADB, OPIC, European investment bank, banks in Taiwan and Japan for amounts ranging
from US$ 30 Million to US$ 410 Million, which it in turn lends to small and medium scale enterprises
as well as large corporate. It has also both taken as well as given short term loans to a number of
retail and corporate banks in Taiwan, Japan, USA and Europe. It has a strategic partnership with the
US government based OPIC and with Wells Fargo.

Operations
As on 30 June 2019, Yes Bank had 1,122 branches and 1,220 ATMs in India.

Listings
Yes Bank has equities listed on the Bombay Stock Exchange and National Stock Exchange of
India and has bonds listed on London stock exchange. Yes Bank was listed in the stock exchanges
of India post its IPO in May 2005 at an issue price of Rs.45.

Shareholding pattern
As of March 2018, as per its annual shareholders report, the three largest share holders of Yes bank
limited were foreign portfolio investors (43%), insurance companies (14%) and Mutual funds
including UTI (10%).
Smaller (less than 5%) shareholdings were owned by its three promoters Rana Kapoor (4%), YES
Capital India Pvt. ltd. (3%) and Morgan credits pvt. ltd. (3%) and other investors including Madhu
Kapur (sic.) (8%), Mags finvest pvt. ltd. (2%), LIC India under its various schemes (9.7%). LIC India
owned 9.7% of YES Bank under its various schemes. YES bank limited operates under three distinct
entities - YES bank, YES capital and YES asset management.
Recent developments
In September 2016, Yes Bank scrapped its proposed $1bn share sale due to market conditions.The
pull out of the deal caused all round embarrassment as miscommunication and misunderstanding
among various players led to a round of public blame game among various participants.The
company subsequenty attempted to relaunch its failed capital raising exercise after appointing a new
set of bankers
On 3 November 2017, Yes Bank signed a MoU with the government to provide Rs 1,000 crore
financing for food processing projects.Subsequent to the demonetization in India, Yes bank tried
foraying into e-wallets with "BHIM YES PAY" in collaboration with India Stack APIs and National
Payment Corporation of India(NPCI)
On 1 February 2018, Yes Bank Signs MoU with Assam Rifles for offering banking solutions to
defense personnel

Awards and recognition

 Yes Bank, received “India’s Fastest growing Bank of the Year” award at the Bloomberg UTV
Financial Leadership Awards 2011
 Bank of the Year India, The Banker London - 2015
 YES BANK has been Ranked No. 1 for exemplary performance in Digital Payments across
public, private, foreign, and payment banks in India by Ministry of Electronics & Information
Technology (MeitY)

FINANCIAL HEALTH YES Bank Ltd.

BSE:532648 | NSE:YESBANKEQ | 58888:yesb | IND:Banks - Private Sector | ISIN
code:INE528G01027 | SECT:Banks
BSE LIVE
16:00 | 11-10-2019

39.60
Change:
-1.35(-3.30%)
Volume:
26,109,063
Open:
41.00
Prv. Close:
40.95
Today:
37.00
41.95
52-Wk:
29.05

285.90
Bid:
0.00(0)
Offer:
0.00(0)
NSE LIVE
15:59 | 11-10-2019

39.60
Change:
-1.35(-3.30%)
Volume:
339,478,520
Open:
41.00
Prv. Close:
40.95
Today:
37.00

42.00
52-Wk:
29.00

286.00
Bid:
39.60(30688)
Offer:
0.00(0)

The Balance Sheet Page of YES Bank Ltd. presents the key ratios, its comparison with the sector peers and 5 years
of Balance Sheet.
DEBT EQUITY RATIO

0.67chg.
8.46%
PEER RANGE
3.86

17.11
CURRENT RATIO

-0.12chg.
1.24%
PEER RANGE
0.42
3.07
RETURN ON ASSETS

-93.00bps
0.47%
PEER RANGE
-2.77

3.55
BalanceSheet - YES Bank Ltd.

Rs (in Crores)

Particulars Mar'19 Mar'18 Mar'17 Mar'16 Mar'15

Liabilities 12 Months 12 Months 12 Months 12 Months 12 Months

Share Capital 463.01 460.59 456.49 420.53 417.74

Reserves & Surplus 26441.19 25297.69 21597.57 13366.07 11262.25

Net Worth 26904.20 25758.28 22054.06 13786.60 11679.98

Secured Loan 108424.11 74893.58 38606.67 31658.98 26220.40

Unsecured Loan 227610.18 200738.15 142873.86 111719.53 91175.85

TOTAL LIABILITIES 362938.49 301390.01 203534.59 157165.11 129076.23

Assets

Gross Block 767.02 760.83 608.86 411.95 293.40

(-) Acc. Depreciation .00 .00 .00 .00 .00

Net Block 767.02 760.83 608.86 411.95 293.40

Capital Work in Progress 49.98 71.56 74.67 58.77 25.57

Investments 89522.03 68398.94 50031.80 48838.47 46605.24

Inventories .00 .00 .00 .00 .00

Sundry Debtors .00 .00 .00 .00 .00

Cash and Bank 26889.51 24734.37 19549.44 8218.42 7557.15

Loans and Advances 263597.63 218479.91 144795.14 107735.80 81689.05

Total Current Assets 290487.14 243214.27 164344.58 115954.23 89246.21

Current Liabilities 17887.68 11055.60 11525.33 8098.30 7094.18

Provisions .00 .00 .00 .00 .00

Total Current Liabilities 17887.68 11055.60 11525.33 8098.30 7094.18

NET CURRENT ASSETS 272599.46 232158.68 152819.25 107855.93 82152.03

Misc. Expenses .00 .00 .00 .00 .00

TOTAL ASSETS(A+B+C+D+E) 362938.49 301390.01 203534.59 157165.11 129076.23

Interpretation of financial statements of Yes bank
In the year 2015 working capital was Total current asset- Total current liabilities = 89246.21-
7094.18= 82152.03. It represents the amount of capital invested in resources that are subject to
relatively rapid turnover (such as cash, accounts receivable and inventories) less the amount
provided by short-term creditors.

In the year 2016 working capital was 115954.23-8098.30=107855.93

In the year 2017 working capital was 164344.58-11525.33=152819.25

In the year 2018 working capital was 243214.27-11055.60=232158.67

In the year 2019 working capital was 290487.14-17887.68=272599.46

As you can see that working capital is increasing year by year from 2015 to 2019 but share price
is 39.60

Gross NPA for the quarter rose to 2.10 per cent from 1.60 per cent in September quarter and 1.72
per cent in December quarter of last year.

Net profit has gone down from 42245.64 to 17202.79 that is 59.3%
PROFILE OF YES BANK & ICICI BANK YES BANK
YES BANK
 India's fifth largest private sector Bank, is an outcome of the professional
entrepreneurship of its Founder.
 It operates a network of over 500 branches across 350 cities, with 1050+
ATMs.
 Establish a high quality, customer centric, service driven, bank catering to
the “Future Businesses of India”.
 Authorised share capital of the company is Rs 600 Crores divided into
600,000,000 Equity shares of Rs 10/- each.
 The bank equity shares are listed in BSE and NSE.

ICICI BANK
 Second largest bank in India and largest private sector bank in India by
market capitalization.
 Has a network of 2035 branches and presence in 18 countries.
 Committed towards its efforts to adopt technology to achieve efficiency in
its business operations.
 Authorized share capital of the company is Rs 1275 Crores divided into
115271442 Equity shares of Rs 100/- each.
 The bank equity shares are listed in BSE and NSE.
 The bank is 1st Indian bank listed in NYSE.