Karnataka Bank Ltd(KTKBANK)

NSE: KTKBANKBSE: 532652

₹ 300.15-4.24%refreshed 23 Oct, 03:55 pm ISTMarket cap: ₹ 11,357 crNext results: 28 Oct 2026Website: www.karnatakabank.comUpdated: 24 Oct 2026

About

Karnataka Bank Ltd is a private sector bank headquartered in Mangaluru, India. It offers retail banking, corporate banking, treasury and other banking services. The bank reported aggregate business of Rs 192,118 cr as of March 2026 and a profit after tax of Rs 1310.75 cr in FY26. It has been shifting its loan mix toward Retail, Agri and MSME (RAM) lending while reducing large corporate and IBPC exposures.^[1]

Business segments

Retail Banking contributed 44.5% of segment revenue (Rs 4,547.8 cr) in FY26, up 9.0 pp from FY21, making it the largest segment.^[2]
Corporate Banking contributed 33.6% of segment revenue (Rs 3,433.09 cr) in FY26, down 1.9 pp from FY21.^[2]
Treasury Operations contributed 18.8% of segment revenue (Rs 1,918.29 cr) in FY26, down 4.7 pp from FY21.^[2]
Other Banking Operations contributed 3.1% of segment revenue (Rs 318.57 cr) in FY26, down 2.4 pp from FY21.^[2]

Loan book and deposits

Gross advances reached Rs 86,610 cr in Q1 FY27, up 17% YoY and 4% QoQ. The RAM segment grew 12% YoY and 4% QoQ over the same period.^[3]
The gold loan portfolio grew 36% YoY in Q1 FY27. MSME, housing, gold and vehicle loans together added about Rs 1,980 cr of retail growth in the quarter.^[3]
Total deposits were Rs 102,817.19 cr as of 30 September 2026, up 11.98% YoY. CASA deposits were Rs 31,881.95 cr, up 14.88% YoY.^[4]
The CASA ratio was 32.42% in Q1 FY27, compared with 33.61% in Q4 FY26 and 30.84% in Q1 FY26.^[3]
The IBPC book fell from Rs 4,057 cr in March 2025 to Rs 1,375 cr by June 2026 as higher-yielding retail loans replaced it.^[3]

Key operating numbers

NIM was 3.20% in Q1 FY27, compared with 3.07% in Q4 FY26 and 2.82% in Q1 FY26.^[3]
Cost of funds fell 22 bps sequentially to 5.16% in Q1 FY27 as bulk deposits were replaced and CASA improved.^[3]
The CD ratio was 78.45% in Q1 FY27, up 652 bps YoY. The medium-term target is 79 - 80%.^[3]
CRAR was 21.10% in Q1 FY27, up 64 bps YoY.^[3]
The cost-to-income ratio was 55.14% in Q1 FY27, compared with 50.47% in Q4 FY26 and 58.05% in Q1 FY26. Employee expenses rose 46% QoQ because of actuarial provisioning.^[3]

Asset quality

GNPA fell to 2.58% in Q1 FY27 from 3.46% in Q1 FY26, down 20 bps QoQ.^[3]
NNPA was 0.87% in Q1 FY27, down 11 bps QoQ. PCR excluding technical write-offs was 67.03%, up 785 bps YoY.^[3]
The slippage ratio was 0.14% in Q1 FY27, down from 0.53% a year earlier. Credit cost was 0.03%, compared with 0.16% in Q1 FY26.^[3]
The SMA book rose to Rs 3,435 cr in Q1 FY27 from Rs 2,917 cr in Q4 FY26. SMA-2 rose from Rs 635 cr to Rs 750 cr over the same period.^[3]

Products and services

Three MSME products were launched in Q1 FY27: GST OD, LAP for MSME and Dropline OD for MSME.^[3]
Flexi deposits for HNI customers and the EPFO collection platform went live in Q1 FY27. A PoS partnership with Pine Labs launched on 21 April 2026.^[3]
Supply Chain Finance went live in Q3 FY26, and the KBL Mobile Plus app's UI/UX was revamped in the same quarter.^[5]
Products in the pipeline include surrogate-based housing loans, secured credit cards, a digital gold loan, loans against MF/shares, NFC Tap-and-Pay, programmable CBDC, a virtual account facility and a Capital Gains Account Scheme.^[3]

Distribution and reach

The bank runs 15 Regional Loan Processing and Sanctioning Centres covering all regions, which decentralise credit sanctions.^[6]
The bank plans 31 - 32 new branches for FY27, with 12 - 13 due to open before the end of H1 FY27.^[3]

Expansion and technology

IT projects planned for completion in FY27 include a revamped loan originating system with collateral management, DevSecOps, an HRMS revamp, a Treasury revamp and BHIM 3.0.^[7]
Credit policy for housing, mortgage, Lease N Cash, gold and MSME loans was revamped in Q3 FY26.^[5]

Recent developments

Mrs. Biji S S was appointed Executive Director from July 15, 2026 for 3 years, with total compensation of up to Rs 2,50,00,806 a year.^[8]
Dr. M Aruna Shyam and Mr. Parthasarathi Periaswamy were appointed independent directors in July 2026.^[8]
The board recommended a final dividend of Rs 5.00 per equity share for FY26.^[8]

Market Cap

₹11,357 Cr

High / Low

₹346 / 174

Stock P/E

7.9

Price / Book

0.9

Book Value

₹340

EPS

₹34.7

No. of Shares

37.82 Cr

ROE

10.4%

Sales

₹8,918 Cr

Net Profit

₹1,311 Cr

Loading chart…

Signal history

AI Deep Dive

The analysis Screener can't give you

Our models read the latest earnings call, annual report, and financials end-to-end - then grade management, value the business, and flag the risks. Unlock all of it for this company:

Verdict
The headline call - descriptive label, conviction, and the synthesis behind it.
Valuation
Guidance-anchored P&L bridge - worst / average / best multiple cases.
Walk the talk
Did management deliver on past guidance? A commitment-by-commitment scorecard.
Red flags
Forensic and governance risk pointers, severity-ranked.
Balance sheet
Solvency and earnings-quality score.
Concall briefs
Quarter-by-quarter earnings-call briefs - what changed and why.

₹49 unlocks this company for 90 days, ₹299 for a full year - bundles bring it lower. Built on public disclosures - educational, not investment advice.

AI Deep Dive

Verdict

Locked

The headline call - descriptive label, conviction, and the synthesis behind it.

Company data

Financials

Karnataka Bank Ltd(KTKBANK)

About

Business segments

Loan book and deposits

Key operating numbers

Asset quality

Products and services

Distribution and reach

Expansion and technology

Recent developments

Signal history

The analysis Screener can't give you

AI Deep Dive

Verdict

Company data

Product Segments

Corporate Actions