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HomeSHARE MARKET₹23 Share Ready To Enter New Microfinance Business; Hold This Share For...

₹23 Share Ready To Enter New Microfinance Business; Hold This Share For Long Term

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Yes Bank Ltd (NSE: YESBANK):  Yes Bank, the country’s leading private sector bank, is eyeing the microfinance business and has indicated that it may enter this segment in the financial year 2025. The bank is constantly exploring the option of acquiring a microfinance institution. 

However, the bank has also kept other options open for entering the business, a decision on which can be taken in the next financial year.

Yes Bank MD and CEO Prashant Kumar said in a press conference that the bank is constantly looking for a microfinance institution to acquire and enter into the business. 

However, along with this, the bank is also considering the option of doing this business itself from the financial year 2025.

The CEO did not give any further information about this but did say that his eyes are on small cities. Many banks have entered microfinance and through this business, it has helped them a lot in gaining a foothold in small towns. 

He said that small and medium enterprise loans and mid-sized corporation loans make up 30 percent of the bank’s total portfolio. The percentage will rise to 35 percent. The gross NPA is 2 percent. 

While clarifying the strategy of deposit growth, he said that we do not want to achieve high growth by offering high rates. The CEO hinted that the company would also expand in South India. At present the bank has 25 branches in Hyderabad which will be increased to 25 by the end of March.

On Friday, Yes Bank stock closed at the level of 23.8 with a gain of 1.5 percent. Investors have seen a 55 percent return on their investment in just one year. However, the stock has fallen 18 percent in a month.

About Yes Bank Ltd Company 

YES Bank Limited (Yes Bank) offers commercial banking services and products. It is a bank located in Mumbai, India. It was established in 2004. 

It provides corporate and commercial branches and banking for its customers. 

The firm is involved in both institutional and corporate banking and financial markets, investment banking corporate finance, transaction and business branches, banking, and wealth management. 

The bank provides customers in the retail sector, NRI, MSMEs, commercial, institutional, corporate, and high-net-worth clients throughout India. It also has a representative office situated in Abu Dhabi.

Fundamental Analysis of Yes Bank Ltd

Market Cap₹ 68,463 Cr.
Current Price₹ 23.8
52-wk High₹ 32.8
52-wk Low₹ 14.1
Stock P/E66.8
Book Value₹ 13.8
Dividend0.00 %
ROCE4.94 %
ROE1.99 %
Face Value₹ 2.00
P/B Value1.72
OPM56.6 %
EPS₹ 0.36
Debt₹ 2,95,136 Cr.
Debt to Equity7.42

Yes Bank Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 26₹ 50
2025₹ 52₹ 68
2026₹ 72₹ 102
2027₹ 150₹ 194
2028₹ 205₹ 261
2029₹ 285₹ 340
2030₹ 410₹ 506
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 Yes Bank Ltd Shareholding Pattern

FII Holding
Dec 202223.24%
Mar 202323.10%
June 202323.79%
Sept 202323.39%
Dec 202323.79%
DII Holding
Dec 202238.19%
Mar 202337.77%
June 202337.72%
Sept 202340.68%
Dec 202341.98%
Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
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Public Holding
Dec 202238.54%
Mar 202339.10%
June 202338.47%
Sept 202335.90%
Dec 202334.21%

Yes Bank Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 29,624 Cr
2020₹ 26,052 Cr
2021₹ 20,039 Cr
2022₹ 19,019 Cr
2023₹ 26,366 Cr

Last 5 Years’ Net Profit:

2019₹ 1,709 Cr
2020₹ -16,433 Cr
2021₹ -3,489 Cr
2022₹ 1,064 Cr
2023₹ 1,024 Cr
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Last 10 Years’ Profit Growth:

10 Years:-6%
5 Years:-30%
3 Years:-27%
Current Year:14%

Last 10 years’ Return on Equity (ROE):

10 Years:-1%
5 Years:-11%
3 Years:-2%
Last Year:2%

Sales Growth Over 10 Years:

10 Years:11%
5 Years:2%
3 Years:-4%
Current Year:23%

Conclusion

This article is a complete guide about Yes Bank Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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