The Karnataka Bank Limited

The Karnataka Bank Limited (KTKBANK) is a small-cap Financial Services company valued at ₹12,504 crore operating in Private Sector Bank on the NSE and BSE.

Recent price move

The Karnataka Bank Limited last traded at ₹335.2, modestly down 1.18% on the day.

Recent developments

On 2026-09-24, the company reported disruptions in operations and strikes affecting its business. On 2026-08-28, it launched a Capital Gains Account Scheme to assist taxpayers. On 2026-07-29, the company announced a 43% rise in Q1 net profit due to improved asset quality and lower provisions.

Financial performance

The company's annual net profit rose 3.0% to ₹1,311 crore, while the latest quarter's net profit surged 43.5% to ₹419 crore compared to the same quarter a year earlier. Profit margins remained stable at 14.7%, and return on equity was 9.9%, showing consistent profitability despite a modest annual growth rate.

Valuation multiples

The stock trades at 9.7 times earnings, a discount to the Financial Services median of 19.3, 0.92 times book value. It yields 1.6%.

Things to watch

The stock is 7.0% below its 52-week high, and foreign institutional holdings increased by 1.31 points, while domestic institutional holdings fell by 0.41 points. The company also faced operational disruptions and strikes, which could impact its business continuity.

Where it stands

Karnataka Bank Limited ended the latest quarter with a net profit of ₹419 crore, up 43.5% from the same quarter a year earlier. The stock is 7.0% below its 52-week high, and the company reported operational disruptions, which could affect its performance. The latest quarter's profit growth highlights improving asset quality and business growth.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.