Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
HDBthis companyHDFC Bank Limited	$25.72	15.65×	2.08×	2.29×	13.14×	173.9%	57.2%	20.6%	15.3%	13.9%	1.7%	14.4%	1×	2.43×	0.55×	0×	1.8%	7	0.37	3	B+
FEDERALBNK.NSThe Federal Bank Limited	₹344.10	14.68×	1.59×	1.86×	11.36×	-68.3%	42.4%	17.1%	12.7%	10.9%	1.1%	12.9%	0.83×	1.02×	0.33×	0×	0.5%	4	0.33	2	C+
IBNICICI Bank Limited	$34.42	15.94×	2.38×	2.77×	10.19×	23.9%	69.7%	24.8%	17.4%	14.9%	5.3%	7.4%	0.61×	-0.56×	0.87×	0.14×	0.9%	3	0.48	3	B+
IDFCFIRSTB.NSIDFC First Bank Limited	₹77.87	31.84×	1.08×	1.06×	28.17×	-97.2%	60.1%	3.7%	3.3%	3.4%	1.5%	11.8%	0.77×	8.95×	0.09×	0.04×	0.6%	3	0.27	2	C
KOTAKBANK.NSKotak Mahindra Bank Limited	₹479.50	18.22×	1.94×	3.26×	12.75×	79.7%	68.9%	24.2%	17.9%	10.6%	1.9%	10.3%	0.53×	-0.25×	0.88×	138.74×	0.1%	3	0.59	3	B
RBLBANK.NSRBL Bank Limited	₹379.00	20.21×	1.06×	0.96×	8.49×	-7.6%	44.6%	6.0%	4.8%	5.3%	0.5%	20.9%	1×	-4.63×	0.14×	0×	0.3%	4	0.43	2	C
Peer median	—	18.22×	1.59×	1.86×	11.36×	-7.6%	60.1%	17.1%	12.7%	10.6%	1.5%	11.8%	0.77×	-0.25×	0.33×	0.04×	0.5%	3	0.43	2	—