Karur Vysya Bank

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• DebtHigh safetyRated AA by 2 agencies.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 15% and profit rose 37% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 2% of the company, about the same as in Sep 2025.
• ValuationExpensive vs its pastThe share trades at 11.4 times its yearly earnings (P/E), pricier than 84% of the time in the last 5 years. Its usual P/E is about 11.

Karur Vysya Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)11.4 against a typical 12.2: cheaper than most peers (1st = cheapest).9th of 20
• Sales growth+15.2% against a typical +16.2% from a year earlier.14th of 20
• Profit growth+37.3% against a typical +34.9% from a year earlier.8th of 19
• Share price, 3 months+3% against a typical −5.9%.4th of 20
• Size₹ 32,210 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).9th of 17

Exchange filings and their impact on the company.

• 28 Oct 2026UpdatesLow impactPositive
  KVB to open new branches on 30 Oct 2026 - tiny network expansion with negligible 12-month earnings impact.

  Karur Vysya Bank informed exchanges that it will inaugurate new branches on 30th October 2026. The extracted filing does not disclose the number or locations of the branches. It is a routine network expansion that will add only marginal business and cost over the next 12 months and is immaterial to near-term earnings.

  Full analysisFiling
• 21 Oct 2026General UpdatesLow impactNegativePrice −1% on 22 Oct
  KVB cut all MCLR tenors by 20 bps from 22 Oct 2026, a small drag on NIM and earnings.

  Karur Vysya Bank has cut its Marginal Cost of Funds Based Lending Rates by 20 basis points across all tenors with effect from 22 October 2026. The one-year MCLR falls to 9.25% from 9.45%, with overnight and one-month to 8.85%, three-month to 9.00% and six-month to 9.15%. The cut will lower interest on MCLR-linked loans as they reset, slightly pressuring interest income and margins while potentially supporting loan demand.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +1.3% that day
  KVB posts 37% YoY Q2 profit jump on 20% loan growth, lower provisions and best-ever asset quality.

  Karur Vysya Bank reported Q2 FY27 net profit of Rs 787.7 crore, up 37% from a year ago, and half-year profit of Rs 1543.4 crore, up 41%. Interest earned grew 15% to Rs 3235 crore as advances rose 20% to Rs 1.11 lakh crore and deposits rose 16% to Rs 1.28 lakh crore. Asset quality improved to a record with gross NPA at 0.69% and net NPA at 0.18%, while return on assets rose to 2.10%.

  Full analysisFiling
• 12 Oct 2026General UpdatesLow impactPositivePrice +1.8% on 13 Oct
  KVB adds Zurich Kotak general insurance to its bancassurance shelf for small incremental fee income.

  Karur Vysya Bank has signed an agreement with Zurich Kotak General Insurance Company for distribution of general insurance products to its customers. The bank said this is in the ordinary course of business as part of its regular bancassurance activity. No financial terms, investment or targets were disclosed, so the tie-up is expected to add only a small fee-income stream over the next year.

  Full analysisFiling
• 7 Oct 2026General UpdatesLow impactPositivePrice −0.3% on 8 Oct
  25 bps EBR hike modestly lifts NII and margins.

  Karur Vysya Bank raised its External Benchmark Rate linked to repo (EBR-R) from 8.55% to 8.80%, effective 8 October 2026. The 25 basis points increase will raise interest rates on EBR-linked loans. This should modestly support net interest income and margins over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

B. Ramesh Babu

Chief Executive Officer, Managing Director, Executive Director

R. Ramshankar

Chief Financial Officer, General Manager

M. S. Chandrasekaran

Chief Operating Officer, Chief General Manager

Immanuel Gnanaraj Daniel

Chief Human Resources Officer, General Manager

Jatla Sivaramakrishna

Chief Risk Officer, General Manager

S. T. Gopal

General Manager, Head - Retail Liabilities

K. Mahendran

General Manager, Country Head - PMD

L. Murali

General Manager, Head - Internal Audit