Quarter Ended: March 2026
YES Bank – Q4 FY26 Results Analysis
NSE
YESBANK
BSE
532648
YES Bank delivered strong profit growth, improved operating profit, lower GNPA/NNPA, stronger ROA, and robust deposit growth. Asset quality and profitability both improved.
key financial highlights
- Revenue from Operations:
- Total Income (Q4 FY26): ₹947,814 lakhs
- QoQ Performance
- Previous Quarter: ₹927,231 lakhs
- Growth: +2.2%
- YoY Performance
- Previous Year: ₹943,785 lakhs
- Growth: +0.4%
- Profit After Tax (PAT):
- Current PAT: ₹108,219 lakhs
- QoQ
- Previous Quarter: ₹95,655 lakhs
- Change: +13.1%
- YoY
- Previous Year: ₹74,453 lakhs
- Change: +45.3%
- QoQ Trend Insight:
- Revenue Trend: Stable to Mild Growth
- Profit Trend: Strong Growth
Margin Analysis
- Lower provisions
- Improved operating leverage
- Reduced credit costs
- Better asset quality supporting earnings
Key Signal: Profitability is improving structurally
Segment performance
Segment Insight:
Retail still loss-making, but consolidated profits improved due to Treasury + Corporate strength.
Characteristics:
- Retail Banking remains growth engine
- Corporate Banking stable
- Treasury resilient
- Other Banking improving
Earning quality check
Positive:
- Lower GNPA
- Lower NNPA
- Reduced provisions
- Higher ROA
- Better deposit growth
Negative:
- Retail segment still negative
Interpretation: High-quality earnings improvement. Driven by core banking improvements, not one-off gains.
balance sheet analysis
- Total Assets: ₹47,020,407 lakhs
- Total Liabilities: ₹47,020,407 lakhs
Deposits
- FY26: ₹31,896,923 lakhs
- FY25: ₹28,442,003 lakhs
- Growth: 12.1%
Advances
- FY26: ₹27,344,455 lakhs
- FY25: ₹24,612,016 lakhs
- Growth: 11.1%
Indicates: Balance sheet expansion is healthy and supported by deposits.
Cash flow analysis
Operating Cash Flow
- ₹2,121,685 lakhs
- (vs ₹638,640 lakhs last year)
- Massive improvement
Investing Cash Flow
- Negative ₹497,070 lakhs
Financing Cash Flow
- Negative ₹648,518 lakhs
Closing Cash
- ₹3,834,735 lakhs
Indicates: Strong liquidity and operating cash improvement
Asset Quality analysis
Gross NPA
- FY26: 1.3%
- FY25: 1.6%
Net NPA
- FY26: 0.2%
- FY25: 0.3%
Return on Assets
- FY26: 0.8%
- FY25: 0.6%
key risks
- Retail Banking losses continue
- Margin sensitivity to rates
- Credit cycle deterioration risk
- Execution risk in sustaining ROA expansion
management strategy
- Grow retail profitability
- Improve loan mix
- Maintain asset quality discipline
- Expand deposit franchise
- Improve returns ratios
Financial Metrics
| Particular | In ₹ Lakhs | Q.O.Q (%) | Y.O.Y(%) |
|---|---|---|---|
| Total Income | 947,814 | +2.2 | +0.4 |
| PBT | 144,949 | +19.0 | +44.1 |
| PAT | 108,219 | +13.1 | +45.3 |
| EPS | 0,34 | +13.3 | +41.7 |
YES Bank delivered a strong quarter
Official Exchange Filing: YES Bank Limited
Quarterly Performance Context
FISCAL YEAR
2025-2026
AUDIT STATUS
REVIEWED