Karur-based bank (est. 1916) offering retail, agri, MSME and corporate loans, deposits and treasury banking.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,235 | +15.2% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Sept 2026 | Not in the filed figures for the quarter to sept 2026. No older figure is substituted. | ||
| Net profit | 788 | +37.3% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 19.22 | +1.5 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | 15.41 | −3.4 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Guidance
9 of 11 judged targets kept · 14 open · verdicts reflect calls analysed to Q2 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| RoA | above 1.65% | Q2 FY25 | Status confirmed, target period FY25 is complete. | Achieved |
| Investment Portfolio Yield Enhancement | 15 to 20 basis points | Q4 FY26 | The guidance on strategic rebalancing for yield enhancement was not mentioned. Yield on investments dropped by 4 bps QoQ. | Ghosted |
| Overall Credit Growth | 1% or 2% over industry growth | Q4 FY26 | Guidance revised to a more specific target of 18% to 20% for FY27, superseding the relative '1-2% over industry' target. | Revised Up |
2 of Karur Vysya Bank Limited's 25 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 22 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: ₹243.05 on 24 Oct 2025 → ₹337.7. High ₹370.05 (19 Oct 2026), low ₹241.12 (10 Dec 2025).
Overview
Based on the company's own presentations, annual report and earnings calls.
Karur Vysya Bank Limited (KVB) is a commercial bank headquartered in Karur, Tamil Nadu, incorporated in 1916. It earns primarily by taking retail and bulk deposits (current, savings and term deposits) and deploying them as loans across four reported advance verticals under a RAM (Retail-Agriculture-MSME)-led growth strategy, alongside a corporate lending book. Retail lending covers housing, jewel, mortgage/loan-against-property, vehicle, personal, education and BNPL consumer-credit products, while commercial lending covers trade, NBFC and SME financing routed through a dedicated relationship-manager (RM) channel for small-ticket MSME loans. The bank also runs an investment/treasury book (government securities and other instruments) and earns fee-based other banking income alongside core interest income.
Segments
close before → close after
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Guidance
9 of 11 judged targets kept · 14 open · verdicts reflect calls analysed to Q2 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| RoA | above 1.65% | Q2 FY25 | Status confirmed, target period FY25 is complete. | Achieved |
| Investment Portfolio Yield Enhancement | 15 to 20 basis points | Q4 FY26 | The guidance on strategic rebalancing for yield enhancement was not mentioned. Yield on investments dropped by 4 bps QoQ. | Ghosted |
| Overall Credit Growth | 1% or 2% over industry growth | Q4 FY26 | Guidance revised to a more specific target of 18% to 20% for FY27, superseding the relative '1-2% over industry' target. | Revised Up |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 25 tracked commitments, with each call’s wording and source.
Call summaries
Karur Vysya Bank Limited Q2 FY27
Karur Vysya Bank delivered a strong Q2 FY27, marked by robust business growth across advances and deposits, and sustained profitability with a healthy NIM of 4.26%. Asset quality continued to improve, with both GNPA and NNPA declining. While facing rising funding costs and competitive pressures, the bank remains focused on calibrated growth and operational efficiency, with strategic branch expansion plans underway.
Read the full callKarur Vysya Bank Limited Q1 FY27
Karur Vysya Bank reported a strong Q1 FY27 with robust business growth, improved NIM, and stable asset quality. While operating profit and non-interest income saw sequential declines due to one-off factors and lower recoveries, net profit grew significantly year-on-year. The bank maintained its cautious growth outlook, focusing on portfolio quality and strengthening its deposit franchise amidst an evolving operating environment.
Read the full callKarur Vysya Bank Q4 FY26
Karur Vysya Bank reported a strong Q4 and full-year FY26, achieving record net profits and exceeding NIM guidance. The bank demonstrated robust business growth, particularly in RAM verticals and CASA, while maintaining strong asset quality with declining NPAs. Management adopted a cautious approach to advances growth in Q4 and anticipates NIM compression in FY27 due to market dynamics, but remains focused on sustainable growth and profitability.
Read the full callNews
From the news desk, item by item, hours after each call.
Every analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: +37% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,489 | 2,516 | 2,569 | 2,808 | 2,794 | 2,904 | 3,049 | 3,235 |
| Expenses | 878 | 925 | 839 | 1,030 | 848 | 985 | 859 | 889 |
| Other income | 465 | 509 | 447 | 512 | 509 | 616 | 442 | 435 |
| Interest | 1,407 | 1,427 | 1,489 | 1,547 | 1,555 | 1,545 | 1,627 | 1,738 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 668 | 674 | 687 | 743 | 901 | 989 | 1,005 | 1,044 |
| Tax rate | 26.0% | 24.0% | 24.0% | 23.0% | 23.0% | 27.0% | 25.0% | 25.0% |
| Net profit | 496 | 513 | 521 | 574 | 690 | 725 | 756 | 788 |
| EPS (₹ per share) | 5.14 | 5.31 | 5.40 | 5.94 | 7.14 | 7.50 | 7.82 | 8.15 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 6,516 | 8,206 | 9,677 | 11,075 |
| Expenses | 3,071 | 3,368 | 3,499 | 3,702 |
| Other income | 1,159 | 1,656 | 1,831 | 2,084 |
| Interest | 3,168 | 4,395 | 5,418 | 6,136 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1,437 | 2,101 | 2,591 | 3,320 |
| Net profit | 1,106 | 1,605 | 1,942 | 2,510 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 160 | 161 | 161 | 193 | 193 | 193 |
| Reserves | 8,424 | 9,879 | 11,769 | 12,603 | 13,915 | 15,200 |
| Borrowings | 1,432 | 2,478 | 1,217 | — | 2,623 | 2,321 |
| Deposits | 76,638 | 89,113 | 1,02,078 | — | 1,15,666 | 1,28,123 |
| Other liabilities | 3,526 | 3,822 | 4,143 | 4,294 | 4,207 | 4,994 |
| Total liabilities | 90,179 | 1,05,453 | 1,19,367 | 1,30,099 | 1,36,603 | 1,50,831 |
| Fixed assets | 418 | 412 | 451 | 512 | 455 | 513 |
| Capital work in progress | 17 | 20 | 39 | 0 | 47 | 0 |
| Investments | 18,808 | 22,344 | 23,831 | 27,824 | 29,020 | 27,731 |
| Other assets | 70,936 | 82,677 | 95,046 | 1,01,764 | 1,07,082 | 1,22,587 |
| Total assets | 90,179 | 1,05,453 | 1,19,367 | 1,30,099 | 1,36,603 | 1,50,831 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Return on equity | 5.0% | 9.0% | 14.0% | 17.0% | 18.0% | 19.0% |
| Dividend payout | 11.0% | 19.0% | 14.0% | 12.0% | 11.0% | 10.0% |
The businesses behind the company’s reported revenue.
Retail Banking contributes 64.5% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
₹2,251.13 crore
₹646.29 crore
₹564.11 crore
₹29.68 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Retail Banking | 2,251.13 | 64.5% |
| Corporate/Wholesale Banking | 646.29 | 18.5% |
| Treasury | 564.11 | 16.2% |
| Other Banking Operations | 29.68 | 0.9% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Domestic institutions hold 42.10% as of Sept 2026; institutions added 1.06 pts since Jun 2026.
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
The same filing shows 1 holder trimming and 13 off the list — both are in the register beside this.
Named in the Sep 2026 filing
Every holder of Karur Vysya Bank Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 4.16% | unchanged | |
| 0.35% | unchanged | |
| 0.25% | unchanged | |
| 0.23% | unchanged | |
| 0.22% | unchanged | |
| 0.21% | unchanged | |
| 0.15% | unchanged | |
| 0.13% | unchanged | |
| 0.13% | unchanged | |
| 0.09% | newly disclosed | |
| 0.08% | −0.14 pp | |
| 0.08% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Filings to Sep 2026
0 new, 2 added, 5 trimmed, 0 sold out — net −0.39 L shares (−0.0%).
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Mid Cap Fund HDFC Mutual Fund | ₹1.3k Cr | held | Dec '22 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹1.0k Cr | held | Feb '17 |
| HDFC Focused Fund HDFC Mutual Fund | ₹616 Cr | held | Nov '23 |
| HDFC ELSS - Tax Saver Fund HDFC Mutual Fund | ₹195 Cr | held | Jan '24 |
| SBI ELSS Tax Saver Fund SBI Mutual Fund | ₹136 Cr | held | Jul '26 |
| SBI Banking And Financial Services Fund SBI Mutual Fund | ₹117 Cr | +0.27 L | Jul '26 |
| HDFC Value Fund HDFC Mutual Fund | ₹84 Cr | held | Nov '25 |
| HDFC Banking & Financial Services Fund HDFC Mutual Fund | ₹84 Cr | held | Dec '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
2 added, 5 trimmed — net −39,301 shares (−0.0%)
Shares held by these funds +9%
Oct '23 11.19 cr shares Sep '26
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