( in crores)

  2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09
Loan Disbursements 5,259 4,125 3,857 3,121 2,577 2,174 1,487 1,211 780 655
Net Interest Margin 651 526 421 344 271 218 179 143 115 85
Fees & Other Income 54 41 47 39 31 26 19 15 13 8
Operating Cost 100 90 82 64 56 46 39 31 25 21
Operating Profit 605 477 386 318 246 197 159 127 103 72
Provisions & Write Offs (Net) 38 32 22 17 2 1 (4) 1 8 3
Profit Before Tax 562 442 362 301 244 197 163 126 94 70
Profit After Tax 3631 2971 2441 2041 177 146 120 92 69 50
Stockholders’ Equity 1,381 1,113 835 711 607 491 386 318 265 221
Borrowed Funds 14,046 12,018 10,244 8,216 6,447 4,915 3,833 2,966 2,323 2,245
Loan Assets 15,568 13,244 11,115 8,926 7,020 5,447 4,077 3,176 2,453 2,091

Key Financial Ratios

  2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09
Capital Adequacy Ratio (%) 18.90 18.32 17.82 15.36 16.36 14.56 13.95 13.32 16.55 16.21
Debt Equity Ratio (times) 10 11 12 12 11 10 10 9 9 10
Loans to Total Assets (%) 97 97 97 97 97 97 94 94 92 83
Gross NPAs to Loan Assets (%) 0.45 0.31 0.32 0.28 0.27 0.32 0.52 0.82 1.11 0.94
Net NPAs to Loan Assets (%) 0 0 0.09 0 0 0.05 0 0 0 0
Net Interest Margin to Average Assets (%) 4.40 4.20 4.08 4.18 4.21 4.38 4.64 4.73 4.42 3.73
Non-Interest Expenses to Average Assets (%) 0.68 0.72 0.79 0.78 0.87 0.93 1.00 1.02 0.97 0.91
Cost to Income Ratio (%) 14 16 17 17 18 19 20 20 20 22
PAT to Average Assets (%) 2.45 2.37 2.36 2.48 2.76 2.94 3.12 3.02 2.65 2.21
Return on Average Networth (%) 29 30 31 31 32 33 34 31 28 24

Measuring Shareholders’ Wealth

  2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09
Earnings Per Share
()3
9.93 8.15 6.70 5.57 4.93 4.11 3.41 2.62 1.99 1.45
Dividend Rate (%) 1653 1403 1153 1003 150 125 115 1102 65 48
Dividend Payout Ratio (%) 40 41 41 43 36 36 39 49 38 39
Book Value Per Share as at March 31
()3
37.80 30.59 22.97 19.64 16.92 13.82 10.94 9.10 7.62 6.37
Market Price Per Share as at March 31
()3
575.25 395.90 239.25 244.00 147.65 105.15 63.70 36.02 21.78 9.37
Price to Value Ratio (times) 15 13 10 12 9 8 6 4 3 1
Price to Earnings Ratio (times) 58 49 36 44 30 26 19 14 11 6
Market Capitalisation (in crores) 21,038 14,433 8,701 8,867 5,319 3,753 2,249 1,266 756 325
  • Profit After Tax is arrived after providing Deferred Tax Liability of 37 crores for FY 17-18, 29 crores for FY 16-17, 24 crores for FY 15-16 and 19 crores for FY 14-15 on Special Reserve which was required to be created from FY 14-15.
  • Includes one-time Special Silver Jubilee Year Dividend of 25%.
  • During FY 12-13, w.e.f. July 26, 2012, face value of equity share of GRUH was sub-divided to 2 per equity share from 10 per equity share. GRUH allotted Bonus shares in ratio of 1:1 during June’2014. Dividend is for the full year on the enhanced capital post sub-division and issue of bonus shares.
  • Previous year figures have been regrouped and reclassified, where necessary to make them comparable with current year figures.