Leading private sector bank RBL Bank has been offering consumers financial services for more than 70 years. Investors have become interested in the bank as a result of its recent business expansion and improved financial performance. As a result, there has been a lot of speculating regarding the future worth of the RBL Bank share price.
In this post, we’ll examine the projected share price for RBL Bank between 2023 and 2030. We’ll look at the variables that have impacted the bank’s stock price in the past and evaluate any emerging trends that might affect its value going forward. To provide a thorough understanding, our research will take a variety of economic, political, and market-related issues into account.
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Contents
RBL BANK IN RECENT NEWS
- RBL Bank’s stock has surged by more than 100% from its lowest point in the past 52 weeks.
- Mahindra & Mahindra (M&M) has acquired a 3.5% stake in RBL Bank for Rs 417 crore and is considering the possibility of increasing its stake in the future.
- In the first quarter, RBL Bank reported a 43% increase in net profit, reaching Rs 288 crore.
- For the fourth quarter, RBL Bank has posted a 37% growth in profit to reach Rs 272 crore, with a 7% increase in Net Interest Income (NII).
RBL BANK SHARE PRICE TARGET 2023
| RBL SHARE PRICE 2023 | Maximum Price | Minimum Price |
| October 2023 | ₹252.50 | ₹229.55 |
| November 2023 | ₹257.55 | ₹234.14 |
| December 2023 | ₹265.28 | ₹221.06 |
The RBL Bank share price is expected to experience significant fluctuations throughout the year. The share price is expected to start the year on a bullish note, with a maximum price of ₹252.50 in December 2023, representing a growth percentage of over 30% compared to the current share price.
However, the share price is then expected to experience a downward trend until the end of the year, with a minimum price of ₹229.55 in October 2023. By the end of the year, the share price is expected to reach a maximum of ₹265.28 in December 2023, representing a growth percentage of over 100% compared to the current share price.
RBL BANK SHARE PRICE TARGET 2024
| RBL SHARE PRICE 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹245.96 | ₹208.48 |
| February 2024 | ₹253.89 | ₹211.57 |
| March 2024 | ₹267.25 | ₹217.28 |
| April 2024 | ₹242.96 | ₹186.89 |
| May 2024 | ₹202.46 | ₹155.74 |
| June 2024 | ₹242.96 | ₹186.89 |
| July 2024 | ₹206.51 | ₹160.09 |
| August 2024 | ₹227.16 | ₹180.29 |
| September 2024 | ₹238.52 | ₹183.48 |
| October 2024 | ₹280.61 | ₹215.86 |
| November 2024 | ₹294.65 | ₹226.65 |
| December 2024 | ₹300.54 | ₹231.18 |
The RBL Bank share price target for 2024 shows a promising outlook with a mix of bullish and bearish trends throughout the year.
The share price is expected to start the year on a bullish note with a maximum target of ₹245.96 in January 2024, representing a growth percentage of over 200% compared to the current share price. However, the share price is expected to experience a sharp decline in the following months and reach a minimum target of ₹155.74 in May 2024.
From June 2024 onwards, the share price is expected to pick up again and regain its bullish trend with a maximum target of ₹300.54 in December 2024, representing a growth percentage of over 290% compared to the current share price. The share price target for 2024 shows a lot of potential for growth, with the maximum price target being over three times the current share price.
However, investors should be cautious and consider the potential risks associated with investing in the stock market before making any investment decisions.
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RBL BANK SHARE PRICE TARGET 2025
| RBL SHARE PRICE 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹306.55 | ₹235.81 |
| February 2025 | ₹322.68 | ₹248.22 |
| March 2025 | ₹338.82 | ₹260.63 |
| April 2025 | ₹302.52 | ₹232.70 |
| May 2025 | ₹275.01 | ₹211.55 |
| June 2025 | ₹302.52 | ₹232.70 |
| July 2025 | ₹288.11 | ₹221.62 |
| August 2025 | ₹300.11 | ₹230.86 |
| September 2025 | ₹315.12 | ₹242.40 |
| October 2025 | ₹334.03 | ₹256.94 |
| November 2025 | ₹357.41 | ₹274.93 |
| December 2025 | ₹364.56 | ₹280.43 |
The RBL Bank share price target for 2025 appears to be on a positive trend, with the share price expected to hit a maximum target of ₹364.56 and a minimum target of ₹211.55. The share price is predicted to start the year on a bullish note, with a maximum target of ₹306.55 in January 2025, representing a growth percentage of over 300% compared to the current share price.
The share price is expected to experience a few fluctuations throughout the year, with some months experiencing a bearish trend, while others being more bullish. However, the overall outlook for 2025 seems to be promising, with the share price expected to end the year on a high note with a maximum target of ₹364.56 in December 2025, representing a growth percentage of over 350% compared to the current share price.
Investors should consider the potential risks associated with investing in the stock market before making any investment decisions. These predictions are subject to various economic, political, and market-related factors and should be considered carefully before making any investment decisions.
RBL SHARE PRICE TARGET 2026 TO 2030
| RBL SHARE PRICE BY | Maximum Price | Minimum Price |
| 2026 | ₹255.19 | ₹178.63 |
| 2027 | ₹216.91 | ₹151.84 |
| 2028 | ₹390.44 | ₹273.31 |
| 2029 | ₹802.03 | ₹561.42 |
| 2030 | ₹893.17 | ₹625.22 |
Looking at the future predictions for RBL Bank share prices, it seems like there will be fluctuations in the coming years. As per the table provided, the maximum price of RBL Bank shares in 2026 is expected to reach ₹255.19, while the minimum price could be around ₹178.63. The trend seems to continue in 2027, with a maximum of ₹216.91 and a minimum of ₹151.84.
However, things could take a positive turn in 2028, where the maximum price is predicted to be ₹390.44, while the minimum is around ₹273.31. The year 2029 appears to be more bullish for RBL Bank shares, with a whopping maximum price target of ₹802.03 and a minimum target of ₹561.42.
Finally, in 2030, the maximum price target is expected to reach ₹893.17, while the minimum is around ₹625.22. It is important to note that these predictions are subject to change based on various factors, including market conditions, company performance, and economic policies.
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FINANCIAL STRENGTH OF RBL BANK (2019 TO 2023)
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|
| Revenue (Rs Crore) | 6,301 | 8,514 | 8,329 | 8,176 | 9,130 | 9,720 |
| Interest (Rs Crore) | 3,761 | 4,885 | 4,541 | 4,149 | 4,678 | 5,050 |
| Expenses (Rs Crore) | 2,561 | 4,649 | 4,824 | 6,318 | 5,564 | 5,945 |
| Financing Profit (Rs Crore) | -21 | -1,019 | -1,037 | -2,292 | -1,113 | -1,276 |
| Other Income (Rs Crore) | 1,442 | 1,910 | 1,884 | 2,341 | 2,489 | 2,561 |
| Depreciation (Rs Crore) | 122 | 138 | 158 | 164 | 196 | 0 |
| Profit Before Tax (Rs Crore) | 1,299 | 753 | 689 | -115 | 1,180 | 1,286 |
| Tax % | 33% | 26% | 35% | 25% | ||
| Net Profit (Rs Crore) | 867 | 506 | 508 | -75 | 883 | 970 |
| EPS (Rs) | 20.32 | 9.94 | 8.49 | -1.25 | 14.72 | 16.17 |
| Dividend Payout % | 13% | 0% | 0% | 0% | 0% | 0% |
- Revenue Growth: RBL Bank has consistently demonstrated growth in its revenue, with a significant increase from Rs 6,301 crore in March 2019 to Rs 9,720 crore in the TTM ending March 2023, indicating a steady upward trajectory.
- Interest Expenses: Interest expenses have also risen over the years, reflecting the bank’s increased borrowing or deposit interest payments. In the TTM, interest expenses reached Rs 5,050 crore.
- Operating Expenses: Operating expenses showed fluctuations over the years, with a peak at Rs 6,318 crore in March 2022. Managing and reducing these expenses could be a focus area for the bank.
- Financing Profit: The bank’s financing profit experienced fluctuations, with negative values in the past, but it improved significantly, reaching -Rs 1,276 crore in the TTM, indicating a potential turnaround.
- Other Income: Other income, which includes non-interest income sources, has grown consistently, suggesting diversification of revenue streams. In the TTM, it stood at Rs 2,561 crore.
- Depreciation: Depreciation increased over time, with a significant jump in the TTM. This could be attributed to increased investment in assets.
- Profit Before Tax: The bank’s profit before tax showed variability, with a notable negative figure in March 2022. However, there was a substantial recovery to Rs 1,286 crore in the TTM.
- Tax Percentage: The tax rate fluctuated over the years, reaching its lowest point of 25% in March 2022. Managing tax efficiency is crucial for the bank’s profitability.
- Net Profit: Despite fluctuations, the bank managed to maintain positive net profits, with the TTM showing a net profit of Rs 970 crore.
- Earnings Per Share (EPS): The EPS, though subject to fluctuations, exhibited growth potential, reaching 16.17 Rs in the TTM.
- Dividend Payout: The bank reduced its dividend payout to 0% in recent years, possibly due to a focus on reinvesting in the business or conserving capital.
In conclusion, RBL Bank has shown resilience and growth potential in its financial performance, as seen in its consistent revenue growth and a rebound in profitability, as well as a diversified income stream. However, the bank faces challenges in managing expenses, optimizing tax efficiency, and maintaining dividend payouts. Careful financial management and a focus on operational efficiencywill be crucial for sustained growth in the future.
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POINTS TO KEEP IN MIND WHILE INVESTING IN RBL BANK SHARES:
- Stock is trading at 1.12 times its book value.
- The company has maintained a median sales growth of 35.1% over the last 10 years.
- The company’s interest coverage ratio is low.
- Over the past 3 years, the company has exhibited a low return on equity of 3.52%.
- There are contingent liabilities totaling Rs. 73,405 Crore.
- There is a possibility that the company is capitalizing the interest cost.
- Earnings include significant other income of Rs. 2,561 Crore.
- The working capital days have increased from 79.0 days to 122 days.
FAQ’s
What is the significance of a stock trading at 1.12 times its book value?
A stock trading at 1.12 times its book value suggests that the market values the company slightly above its net asset value as per the balance sheet.
What does a low interest coverage ratio indicate about the company’s financial health?
A low interest coverage ratio suggests that the company may have difficulty meeting its interest payment obligations from its earnings, potentially indicating financial risk.
The maximum share price of RBL Bank in 2027 is Rs. 216.91
The maximum share price of RBL Bank in 2029 is Rs. 802.03
The maximum share price of RBL Bank in 2030 is Rs. 893.17
CONCLUSION: RBL BANK
According to RBL Bank’s financial filings for the previous five years, total income has increased steadily, with FY 2020 seeing the highest growth rate. Yet, the profit after tax (PAT) decreased in FY 2022, which is worrying. Over time, there have been significant increases in both the provisions and the contingencies. While the net profit margin has changed over time, the net interest margin has remained stable. In comparison to the previous three years, FY 2019 and 2020’s basic profits per share (EPS) were greater.
Investing in RBL Bank shares may have significant risks given the erratic financial statements and the difficulties the banking industry faces.In summary, the company faces challenges with a low interest coverage ratio, meager return on equity, and a substantial contingent liability of Rs. 73,405 Crore. While it capitalizes interest costs and benefits from significant other income, its increasing working capital days raise concerns about operational efficiency. Additionally, the stock is trading slightly above book value, indicating market optimism despite these financial considerations.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.