Karur Vysya Bank shares gain as total business grows 14% YoY to Rs 1.6 lakh crore in FY25, ICICI Securities maintains buy

Shares of the bank have gained around 15 percent in trade over the past year.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Private lender Karur Vysya Bank shares rallied two percent in trade on April 1, after the bank shared its business update for the quarter ended March 2025.

In a filing with the bourses, Karur Vysya Bank shared that its total business for FY25 increased to Rs 1.86 lakh crore, higher by 14 percent on-year, compared to Rs 1.63 lakh crore in FY24.

At the end of FY25, the bank's deposits crossed the Rs 1 lakh crore mark to Rs 1.02 lakh crore, rising 14.6 percent compared to the end of FY24, which came in at Rs 89,113 crore.

At 2.15 pm, shares of the bank were quoting Rs 213.85 on the NSE, higher by 2.2 percent compared to the previous session's closing price.

Follow our market blog to catch all the live updates

The bank reported that advances grew 13.5 percent in FY25 to Rs 84,486 crore, compared to Rs 74,423 crore in the previous financial year. The CASA increased to Rs 27,832 crore, rising 2.8 percent.

ICICI Securities maintained its buy rating, with a target price of Rs 300 per share. The brokerage said, "Karur Vysya Bank has been consistently delivering strong ~20 percent YoY growth in combined retail, MSME and agri segments. However, overall loan growth has been restricted at 14–16 percent YoY due to a calibrated corporate book with the backdrop of its focus on profitability. Deposits growth has been healthy at 15–16 percent YoY with Q3FY25 LDR at comfortable 83 percent."

Karur Vysya Bank sports one of the lowest net NPAs (0.2 percent) and SMA1+2 loans (<0.4 percent) and has <3 percent share of unsecured. It may well be among the few banks to see lower credit costs YoY in FY26, added the brokerage.

Over the past 12 months, shares of the bank have gained around 15 percent in trade.

The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.