( in crore)

  2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
Loan Disbursements 4,936 5,259 4,125 3,857 3,121 2,577 2,174 1,487 1,211 780
Net Interest Margin 671 658 526 421 344 271 218 179 143 115
Fees Income 54 51 41 47 39 31 26 19 15 13
Operating Cost 114 100 90 82 64 56 46 39 31 25
Operating Profit 611 608 477 386 318 246 197 159 127 103
Provisions & Write Offs (Net) (16) 33 32 22 17 2 1 (4) 1 8
Profit Before Tax 615 567 442 362 301 244 197 163 126 94
Profit After Tax 447 403 297* 244* 204* 177 146 120 92 69
Stockholders’ Equity 1,891 1,555 1,113 835 711 607 491 386 318 265
Borrowed Funds 16,584 14,046 12,018 10,244 8,216 6,447 4,915 3,833 2,966 2,323
Loan Assets 17,408 15,588 13,244 11,115 8,926 7,020 5,447 4,077 3,176 2,453

Key Financial Ratios

  2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
Capital Adequacy Ratio (%) 20.30 18.90 18.32 17.82 15.36 16.36 14.56 13.95 13.32 16.55
Debt Equity Ratio (times) 8 9 11 12 12 11 10 10 9 9
Loans to Total Assets (%) 93 99 97 97 97 97 97 94 94 92
Gross NPAs to Loan Assets (%) 0.66 0.45 0.31 0.32 0.28 0.27 0.32 0.52 0.82 1.11
Net NPAs to Loan Assets (%) 0.35 0 0 0.09 0 0 0.05 0 0 0
Net Interest Margin to Average Assets (%) 4.00 4.50 4.20 4.08 4.18 4.21 4.38 4.64 4.73 4.42
Non-Interest Expenses to Average Assets (%) 0.68 0.69 0.72 0.79 0.78 0.87 0.93 1.00 1.02 0.97
Cost to Income Ratio (%) 16 14 16 17 17 18 19 20 20 20
PAT to Average Assets (%) 2.66 2.75 2.37 2.36 2.48 2.76 2.94 3.12 3.02 2.65
Return on Average Networth (%) 26 29 30 31 31 32 33 34 31 28

Measuring Shareholders’ Wealth

  2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10
Earnings Per Share
() ^
6.10 5.51 4.08 3.35 2.79 2.47 2.05 1.71 1.31 0.99
Dividend Rate (%) 100^ 165^ 140^ 115^ 100^ 150 125 115 110** 65
Dividend Payout Ratio (%) 40 40 41 41 43 36 36 39 49 38
Book Value Per Share as at March 31 () ^ 25.83 21.29 15.30 11.49 9.82 8.46 6.91 5.47 4.55 3.81
Market Price Per Share as at March 31 () ^ 275.80 287.63 197.95 119.63 122.00 73.83 52.58 31.85 18.01 10.89
Price to Value Ratio (times) 11 14 13 10 12 9 8 6 4 3
Price to Earnings Ratio (times) 45 52 49 36 44 30 26 19 14 11
Market Capitalisation (in crore) 20,235 21,038 14,433 8,701 8,867 5,319 3,753 2,249 1,266 756
  • * PAT is after providing Deferred Tax of 29 crore for FY 16-17, 24 crore for FY 15-16 and 19 crore for FY 14-15 on Sepcial Reserve which was required to be created from FY 14-15.
  • ** Includes one-time Special Silver Jubilee Year Dividend of 25%.
  • ^ GRUH allotted Bonus shares in ratio of 1:1 during June’2018 and June’2014. 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. Dividend is for full year on the enhanced capital post sub-division and issue of bonus shares.
  • During FY 18-19, GRUH adopted Ind AS where figures for FY 17-18 are restated under Ind AS. Figures up to FY 16-17 are as reported under Indian GAAP.