Fedbank Financial Services Ltd (FEDFINA) — share price & stock analysis

Market cap

₹5,609 Cr

P/BV

1.92×

ROE

12.6%

vs own history (since 2023)

30th pctile

Book value / share

₹78.2

EPS (TTM)

₹9.18

10-yr median P/BV

1.9×

Revenue (FY26)

₹2,224 Cr

Profit after tax (FY26)

₹344 Cr

Weinstein stage

Stage 2 (9 weeks)

Data as of

1 July 2026

3 of the 5 things we track are currently moving the right way — most of the dashboard is turning up.

Where the levels actually stand: ROE 13% — below what a bank must earn to create value; GNPA 1.9% — workable, not pristine; the spread is near its 8-year high. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, lending and bad loans count double, and a quarter of the score comes from our earnings-recovery lens (is the profit cycle turning up off its trough?).

The profits have outrun the price

Since Dec 2023, earnings per share grew 39% while the stock is up 9%. The business has outrun its own share price.pricettm_eps

But the cheapness has a reason: a bank earning about 13% on its equity is worth less per rupee of book, and the market has repriced what that is worth — it hasn’t overlooked it. The gap closes only if the returns themselves improve.roe

Today’s P/BV of 1.9× sits near the bottom of its own range — it has been cheaper than this only 30% of the time against its own history since 2023.pb_ratio

And the sharper caveat: today’s spread are the best this company has ever printed. The cheap multiple is only real if they hold — earnings at record profitability flatter every valuation ratio.revenue−interest_expense

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/BV — what the market pays per rupee of book value; the dotted line is its long-run median (1.9×).

The price is in a confirmed uptrend — 9 weeks and counting

Stock prices move through four repeating stages: basing (1), advancing (2), topping (3) and declining (4). This one is in Stage 2: advancing, 9 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹143 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 61 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Profits have grown in 6 of the last 7 years — compounding so far, on a short record

Over 7 years, income went from ₹255 Cr to ₹2,224 Cr (about 36% a year), and profit from ₹36.0 Cr to ₹344 Cr.revenuenet_profit

Margins widened 5.2 points along the way — growth with improving economics.revenue−interest_expense

Interest income grew 15% — steady, not spectacular

Mar 26 income was ₹616 Cr, up 15% on a year ago. A bank grows by lending more and charging well — this line is both together.revenue

Recovering — the spread is off its low, not yet back to where it was

Of every ₹100 of interest the bank earns, ₹39 goes straight out as interest on deposits and borrowings. It keeps ₹61 — up 2 points from a year ago.revenueinterest_expense

Bad loans are healing — from a worst of 2.3% (Sep 23) to 1.9%

₹1.9 of every ₹100 lent is currently stuck with borrowers who’ve stopped paying — down from ₹2.3 at the Sep 23 worst. After the money already set aside, the true exposure is 1.3%.gross_npa_pctnet_npa_pct

Falling bad loans still help — less new money needs setting aside — but this year’s profit growth is coming from the lending engine itself (interest income), not from provision releases. The healing cleans the book; the growth is earned.gross_npa_pctrevenue

Profit exploded 40% year on year

Mar 26 profit was ₹101 Cr, up 40% on last year — earnings per share of ₹2.69.net_profiteps

Where the growth comes from matters: this year it is the lending engine — net interest income — doing the lifting, not one-off provision releases. That is the more durable kind.revenue

The market still prices this bank below its own average

Today you pay ₹1.92 for every ₹1 of book value, against a long-run median of ₹1.90. It has traded cheaper than this only 30% of the time since 2024.pb_ratio

Institutions have been lightening up

Promoters hold 60.8%, essentially unchanged. Foreign funds own 0.7%, domestic funds 18.8%.promoters_pctfiis_pctdiis_pct

Meanwhile domestic funds have been the sellers — from 22.6% to 18.8% over the window. Someone on the other side of the table disagrees; both sides count.diis_pct

Worth studying deeper — with eyes open

The numbers lean positive, and the discount to the delivery has a reason — the market prices what this level of profitability is worth.

Best thing in the data: return on equity rising (9.0% → 13.0%).roe_pct

Biggest worry: domestic-fund holding falling (20.8% → 18.8%).diis_pct

One dissent worth hearing: our valuation lens reads negative — “its fair-value math says the price sits about 51% above what the numbers justify”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data