Yes Bank Ltd.
Fundamentals
- Market cap
- ₹78,059 cr
- P/E
- 22.23×
- ROE
- 5.51%
- Debt / equity
- 1.51
- 52-week range
- 17.20 — 25.78
Analysis — the numbers vs the call
- Yes Bank: Steady improvement, but two contradictions chip away at trust
Q1 profit got a one-time lift; management held SR recovery guidance despite a weak start and reversed stance on gold loans.
Yes Bank Ltd.
Latest quarter · Jun 2026
Returns & growth
The timeline — 7 notes on Yes Bank Ltd.
July 2026
- 18 Jul 26 · 4:16 PM IST Brief Brief · Earnings · Large cap
Yes Bank targets NIM above 3% by FY28, retail turnaround in 3-4 quarters
Management also sees core ROA expanding 15-20 bps this fiscal, maintains SR recovery guidance at ₹800-1,000 cr, and says ₹16,000 cr capital raise is optional.
- 18 Jul 26 · 1:43 PM IST Brief Brief · Earnings · Large cap
Yes Bank Q1 profit up 34% to ₹1,071 cr, aided by ₹728 cr reserve transfer
Core earnings grew but headline net profit got a one-time boost from investment fluctuation reserve. Asset quality improved; capital adequacy dipped slightly.
- 09 Jul 26 · 7:32 PM IST Brief Brief · Credit · Large cap
S&P hands Yes Bank its first international rating: BB+ with stable outlook
The sub-investment grade reflects modest market share and high funding costs, but S&P sees improving asset quality and expects ROA above 0.9% by FY28. One-notch uplift from Sumitomo Mitsui's 24.9% stake.
- 09 Jul 26 · 5:57 PM IST Brief Brief · Credit · Large cap
ICRA upgrades Yes Bank to AA, AT-1 bonds stuck at D
One-notch upgrade follows larger CareEdge move; SMBC stake cited. Still, AT-1 bonds remain in default.
June 2026
- 30 Jun 26 · 11:39 AM IST Brief Brief · Credit · Large cap
Yes Bank lands two-notch rating upgrade to CARE AA+
CareEdge lifts long-term bonds two notches, citing improving asset quality and a stronger deposit franchise. The upgrade may lower borrowing costs but was largely expected.
- 30 Jun 26 · 7:49 AM IST Lead Lead · Large cap
Yes Bank gets ₹879 cr income-tax refund, resolving AY 2018-19 dispute
Appellate authority orders refund including interest and expense benefit after original demands of ₹112.81 cr. The bank says the amount exceeds materiality threshold of ₹120 cr.
- 29 Jun 26 · 6:44 PM IST Lead Lead · Large cap
Yes Bank board clears up to ₹7,500 cr equity raise, ₹8,500 cr debt
The enabling resolution allows equity via QIP or preferential issue and debt in rupees or foreign currency, with aggregate dilution capped at 10% of expanded capital. Shareholder nod needed at AGM on August 19.