Valuation Sheet for Bank Sample

Income Statement
Interest Earned FY18 FY19 FY20 FY21 FY22
Income from advances 7700.98 9727.0786 12256.119 15442.71 19457.815 8.30% Yield
Income from Investments 2213.92 2462.1068 2732.9385 3033.5618 3367.2536 7.25% Yield
Total 9914.90 12189.185 14989.058 18476.272 22825.068

Interest Expended
Interest on Deposits 5721.90 6438.2808 7404.0229 8514.6264 9791.8203 5.00% Cost
Interest on borrowings 504.52 2080.1715 2853.5134 3870.9493 5203.2938 4.00% cost
Total 6226.42 8518.4523 10257.536 12385.576 14995.114
NII 3670.7331 4731.5212 6090.6961 7829.9541
Other Income 1160.22 1403.8602 1698.6708 2055.3916 2487.0239 21.00% growth rate

Operating Expenses 2504.74 3164.2304 3986.9303 5023.5322 6329.6505 2.70% on Advances

Provisions and Contingencies 950.76 1195.3759 1506.1737 1897.7788 2391.2013 1.02% on Advances
Profit Before Tax 714.98692 937.08804 1224.7768 1596.1261
Taxes 214.49608 281.12641 367.43303 478.83782 30%
Profit After Tax 500.49084 655.96163 857.34373 1117.2883
Dividend
Dividend tax 0 0 0 0 15%

Balance to reserve 500.49084 655.96163 857.34373 1117.2883

Share Capital 394.43 394.43 394.43 394.43 394.43

Reserves 11,879.81 12,878.61 13,534.57 14,391.92 15,509.20
Book Value 12274.24 13273.04 13929.002 14786.345 15903.634
Book Value / Share 61.83 66.86 70.16 74.48 80.11

Multiple 1.66 1.66 1.66

Target 116.46674 123.63539 132.97754
 Balance sheet
FY18 FY19 FY20 FY21 FY22
Advances 93010.89 117193.7 147664.1 186056.7 234431.5 26% Growth rate
Investments 30594.68 33960.09 37695.7 41842.23 46444.88 11% Growth rate

Deposits 111970.10 128765.6 148080.5 170292.5 195836.4 15% Growth rate

SLR 5150.625 5923.218 6811.701 7833.456 4%
CRR 24465.47 28135.29 32355.58 37208.92 19%
99149.52 114022 131125.2 150794

Borrowings 12328.84 52004.29 71337.84 96773.73 130082.3

NIIM 2.43% 2.55% 2.67% 2.79%

Face Value 2
No of shares 198.53
Dividend payout 25%