16-Oct-2026 10:21:17
KARURVYSYAGeneral news
INVESTEC ON KARUR VYSYA BANK ; TP RAISED TO ₹385 FROM ₹350
• Strong all-round quarter; PAT up 37% YoY to ₹790 Cr, ahead of estimates. • NII up 19% YoY / 5.2% QoQ; core PPoP up 34% YoY / 10% QoQ. • RoA remained strong at 2.13%; adjusted NIM stable at 4.26%. • Management raises FY27 NIM guidance to >4% from 3.7–3.8%; guides for 18–20% loan growth. • Loans/deposits grew 20%/16% YoY; CASA stable at 27.5%. Asset quality remains healthy with slippage ratio improving to 0.53%. • Investec raises FY27–29 EPS estimates by 7–10%; expects RoA of 2.0–2.1% and RoE of 18–19%+.
KARUR VYSYA BANK LTD