YES Bank Ltd consolidated Q4 FY20 PAT at Rs. 2665.19 crore

YES BANK LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.5842.40 crores during the period ended March 31, 2020 as compared to Rs.6297.43 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.2665.19 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.(18564.24) crores for the period ended December 31, 2019.

The company has reported EPS of Rs.6.03 for the period ended March 31, 2020 as compared to Rs.(72.97) for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 5842.40 crs	₹ 6297.43 crs	-7.23%
Net Profit	₹ 2665.19 crs	₹ (18564.24) crs	114.36%
EPS	₹ 6.03	₹ (72.97)	108.26%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.5842.40 crores during the period ended March 31, 2020 as compared to Rs.8410.31 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.2665.19 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.(1508.44) crores for the period ended March 31, 2019.

The company has reported EPS of Rs.6.03 for the period ended March 31, 2020 as compared to Rs.(6.51) for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 5842.40 crs	₹ 8410.31 crs	-30.53%
Net Profit	₹ 2665.19 crs	₹ (1508.44) crs	276.69%
EPS	₹ 6.03	₹ (6.51)	192.63%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.29593.12 crores during the 12 months period ended March 31, 2020 as compared to Rs.34299.28 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.(16432.58) crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.1709.27 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.(56.11) for the 12 months period ended March 31, 2020 as compared to Rs.7.33 for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 29593.12 crs	₹ 34299.28 crs	-13.72%
Net Profit	₹ (16432.58) crs	₹ 1709.27 crs	-1061.38%
EPS	₹ (56.11)	₹7.33	-865.48%

Financial Highlights of Q4FY20

- GNPA, NNPA and Provision coverage ratios improve sequentially:
* GNPA of 16.80% (vs. 18.87% last quarter) - Rs. 32,878 Crores.
* NNPA of 5.03% (vs. 5.97% last quarter) - Rs. 8,624 Crores
* PCR improves to 73.77% vs. 72.70% in Q3FY20

- Operating profit of Rs. 106 Crores for Q4FY20 as against an operating loss of Rs. 6 crores for Q3FY20. Bank registered a loss of Rs. 3,668 Crores from its ordinary activities after making additional provisioning for NPI / NPA

- Net Interest Income (NII) for Q4FY20 at Rs. 1,274 Crores grew 19.6% sequentially on account of lower slippages compared to Q3FY20

- Net Interest Margin (NIM) for Q4FY20 at 1.9%, an increase of ~50 bps over Q3FY20

- Non-Interest income for Q4FY20 at Rs. 597 Crores, grew 12.3% y-o-y. Retail Banking fees has demonstrated resilience during the quarter despite lockdown and moratorium

- Deposits at Rs. 1,05,364 Crores. CASA ratio at 26.6% in Q4FY20; CASA + Retail TDs at 63.6% vs. 63.0% last quarter

- Net Advances at Rs. 1,71,443 Crores declined 29.0% y-o-y and 7.9% on sequential basis; Retail Advances now account for 23.8% of advances vs. 16.7% in Q4FY19

- Shareholders' Funds of Rs. 21,726 Crores and Total Capital Funds of Rs. 30,809 Crores

- During the quarter ended March 31, 2020, pursuant to 'YES Bank Limited Reconstruction Scheme, 2020', the Bank raised equity capital of Rs. 10,000 Crores from State Bank of India (SBI) and seven private financial institutions

Shares of YES BANK LTD. was last trading in BSE at Rs.26.15 as compared to the previous close of Rs. 26.3. The total number of shares traded during the day was 2172274 in over 10193 trades.

The stock hit an intraday high of Rs. 26.5 and intraday low of 25.8. The net turnover during the day was Rs. 56647382.

Source : Equity Bulls

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