Yes Bank Ltd

About Yes Bank Ltd

Yes Bank Ltd. is a leading private sector bank in India, offering a comprehensive suite of banking and financial services to corporate, retail, and SME customers. It focuses on leveraging technology to deliver innovative financial solutions across its segments, aiming for robust growth and enhanced customer experience following its successful reconstruction.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Yes Bank Ltd's P/E ratio (TTM) is 20.70, compared to the industry median of 12.00 and large cap median of 16.00.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Yes Bank Ltd's P/B ratio is 1.41, compared to the industry median of 1.22 and large cap median of 1.49.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Yes Bank Ltd's P/S ratio is 2.36, compared to the industry median of 1.65 and large cap median of 2.02.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Yes Bank Ltd's PEG ratio is 2.50.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Yes Bank Ltd's EV/EBITDA ratio is 4.78.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Yes Bank Ltd's ROE is 6.87%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Yes Bank Ltd's ROA is -0.52%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Yes Bank Ltd's ROCE is 49.05%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Yes Bank Ltd's operating margin is -8.08%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Yes Bank Ltd's net margin is 11.63%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Yes Bank Ltd's current ratio is 10.95.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Yes Bank Ltd's debt-to-equity ratio is 6.14.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Yes Bank Ltd's interest coverage ratio is 1.23.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Yes Bank Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Yes Bank Ltd's EPS is 43.59.

(Source line: "Ratios as of 13 Aug 2026, based on last traded price of ₹22.98. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 2004
• Headquarters: Mumbai, Maharashtra
• Core Offerings: Retail Banking, Corporate Banking, SME Banking, Digital Banking Solutions, Treasury Operations
• Stock Listing: NSE (YESBANK), BSE (532648) (GDR listed on LSE)
• Promoter: Professionally managed, no specific promoter group

History of Yes Bank Ltd

Yes Bank was founded in 2004 by Ashok Kapur and Rana Kapoor. It quickly expanded its operations and achieved significant growth in the Indian banking sector. However, between 2018 and 2020, the bank faced severe asset quality and governance challenges. In March 2020, the Reserve Bank of India (RBI) intervened, superseded its board, and implemented a reconstruction scheme with substantial capital infusion from State Bank of India (SBI) and other financial institutions. Since then, under new leadership, the bank has been focused on strengthening its balance sheet, improving asset quality, and restoring depositor and investor confidence.

Business Segments and Revenue Mix

• Retail Banking: Caters to individual customers with offerings like savings accounts, current accounts, personal loans, home loans, credit cards, and digital banking services through a widespread branch network and online platforms.
• Corporate Banking: Provides comprehensive financial solutions to large corporations, institutional clients, and small & medium enterprises (SMEs), including working capital, term loans, trade finance, project finance, and treasury products.
• Treasury Operations: Manages the bank's investment portfolio, foreign exchange operations, money market activities, and provides hedging solutions to clients.

Key Personnel

Sunil Kaushal - Non-Executive Chairman. Appointed in March 2024, he brings extensive experience from his previous role as Regional CEO, Africa and Middle East, Standard Chartered Bank. Prashant Kumar - MD & CEO. Appointed in March 2020, he previously served as Deputy MD & CFO at State Bank of India and played a pivotal role in Yes Bank's reconstruction.

Subsidiaries and Associate Companies

• YES Securities (India) Limited
• YES Asset Management (India) Limited

Corporate Actions

March 2020: Reconstruction scheme with capital infusion from a consortium of Indian banks. August 2022: Approved an equity capital raise of ~₹8,900 crore via preferential allotment and warrants to global investors. July 2023: Raised ₹1,500 Cr through issuance of Basel III compliant Tier 2 bonds.

References

1. Yes Bank Annual Report FY24 2. Yes Bank Exchange Filings (NSE/BSE) 3. Yes Bank Investor Presentations (Q4 FY24) 4. Financial Results Announcements