Analysis of Results for Yes Bank & Maruti Suzuki

Guided By

Professor Abhay Raja

Presented By

Shikha Kothari

Prakash Chandrashekar

YES BANK

Introduction

5th largest private sector bank.Founded by Rana Kapoor & Ashok Kapoor in

2004.Belongs to banking and financial services.Headquartered in Mumbai. APQO. Currently has 630 branches and 2000 ATM’s.Listed in both BSE and NSE.

Q4 Results(FY:2015-16) Vs Q1 Results (FY:2016-17)

Net interest income

PBT Tax Expense Net Profit Gross NPA Net NPA EPS0

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1060 1039.01

336.9

702.11748.98

284.47

16.71

1316.6

1100.14

368.34

731.8

844.56

302.39

17.39

Q4 versus Q1

Q4:FY 2015-16(Rs. Crores) Q1: FY 2016-17(Rs. Crores)

Q4 Results(FY:2015-16) Vs Q1 Results (FY:2016-17)

All figures in percentage Q4:FY 2015-16 Q1: FY 2016-17

%Gross NPA 0.76% 0.79%

%Net NPA 0.29% 0.29%

Return on Asset 1.80% 1.70%

Capital Adequacy Ratio 16.50% 15.50%

Expected Vs Actual (Q1: FY 2016-17)

Expected value Actual Value Expected Value Actual ValueNet sales (Rs Crores) Net Profit (Rs. Crores)

0

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1435

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686732

Q1 FY: 2016-17

Q4 : FY 2015-16

27.4% growth in net profit for Q4:2015-16.551 crores (March 2014-15) to 702 crores (March 2015-16). Net interest income rose 27% to 1241 crore.Net interest margins rose to 3.4% from 3.2%

last year.If Net interest margin is more than 3%, then

the bank is considered to be very strong.

Current Data

Parameters Values Market Capitalization 5,0550.14 CroresCurrent Price Rs. 1200.25 Book Value 345.2 per shareStock P/E 19.91Dividend Yield 0.83%Face Value 10.00

Yes Bank accepts money @ 6% interest per annum on deposits in Savings account which is one of the reason for the improvement in the result.

Trending News

During Q1, Bank allotted 562,100 shares pursuant to exercise of stock option by certain employees.

Recently, Yes Bank got the permission for mutual funds from Reserve Bank of India.

On May 16th 2016, Yes Bank and HDFC bank announced to increase their presence of branches in the country (450 numbers for HDFC) and (290 numbers for Yes bank).

CASA has improved 30% of total deposits in June 2016.

Rana says “bank is now sweet spot”NPA increased from 0.79% in June 2016 from

0.46% last year, it is a miniscule amount of its 1.05 lakh crore loan book.

Yes Bank had Rs. 300 crore of bad loans during the Q1.

Comparison of Yes Bank With HDFC Bank

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Single period Returns

Single Period Return of Yes Bank Single Period Return of Nifty 50 Single Period Return of HDFC

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Maruti Suzuki India Ltd.

Introduction

Also called as “Maruti Udyog Limited” founded in 1981.

Parent Company: Suzukhi motor corporation limited.Headquartered in New Delhi, Industry: Automotive.Listed in both BSE and NSE.Slogan: “Way of life”.Manufacturing facilities in Gurgaon and Manesar.1820 sales outlets across 1471 cities in India.Ranked 11th most trusted Brand in 2014 by Trust

Research Advisory, a Brand Analytics company.

Q4 Results(FY:2015-16) Vs Q1 Results(FY:2016-17)

PBT Tax Expense Net Profit Net sales Total income from operations

EPS0

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8000

10000

12000

14000

16000

18000

1690.1

556.51133.6

14929.5 15305.7

37.53

2042

555.81486.2

14654.5 14927.3

49.2

Q4 versus Q1

Q4: FY 2015-16 (Rs. Crores) Q1: FY 2016-17 (Rs. Crores)

Expected Vs Actual Result

Expected Profit according to Bloomberg was Rs. 1224 crores.

Actual Profit for Maruti Suzuki is Rs. 1486 Crores for Quarter 1 FY: 2016-17.

Hence the percentage increase is 21.04%.

Highlights of Q1(FY:2016-17) Vs Q4 (FY:2015-16)

Particulars Amount(Q1) GrowthSales Volume 348,443 vehicles 3.3% decreaseNet sales 146,545 millions 1.8% decreaseOperating EBITDA 22,157 millions 5% decreasePBT 20,420 millions 2.2% decreasePAT 14862 millions 0.6% increase

Highlights of Q1 (FY:2016-17) over Q1(FY:2015-16)

Particulars Amount Growth w.r.t Q1 (2016-17)

Sales Volume 348,443 vehicles 2.1% increaseDomestic Market sales

322,340 vehicles 5.4% increase

Export Market 26,103 vehicles (26.7%) decreaseNet sales 146,545 millions 12.1% increaseOperating EBITDA 22,157 millions 2.2% increasePBT 20,420 millions 21.3% increasePAT 14862 millions 23% increase

Key financial ratios (%Net sales)

Parameter Q1 (16-17) Q4 (15-16)

w.r.t Q1

Material Cost 69.1 67.4 IncreasedEmployee Cost 3.9 4.0 DecreasedOther Expenses 13.7 15.1 DecreasedOther Operating Income

1.9 2.1 Decreased

Operating EBITDA 15.1 15.6 DecreasedDepreciation 4.4 5.1 DecreasedOther Non Operating Income

3.3 3.6 Decreased

PBT 13.9 14.0 DecreasedPAT 10.1 9.9 Increased

Trending News

Maruti Suzuki India (MSI) aims to have 250 Nexa outlets by March 2017 and expects the premium sales and service outlets to contribute 15 per cent of the company's sales by 2020.

Hit by a fire incident at one of its key vendor, Maruti Suzuki India (MSI) reported 13.9 per cent drop in total sales in June at 98,840 units as against 1,14,756 in June 2015.

Carmakers such as Maruti Suzuki are expecting a spike in sales(25%) following the implementation of the 7th Pay Commission's recommendations.

Maruti Suzuki’s export to Sri Lanka, its biggest foreign destination last year, is losing speed after an increase in import duty by the island.

Its other income more than doubled to 483.3 crores due to change in accounting norms that came into affect from Apr 1.

Comparison of Maruti Suzuki with Tata Motors

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Single Period Returns

single period return of MARUTI single period return of nifty single period return of TATA MOTORS

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