American Express Banking Corp
Next 500 2024
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OVERVIEW
FINANCIALS
About
American Express Banking Corp. (AEBC) is a subsidiary of American Express Company (Amex), a global financial services giant founded in 1850 by Henry Wells, William G. Fargo, and John Warren Butterfield. AEBC started operating in India in 1921. The bank has its largest campus worldwide located in Gurgaon, Haryana. The company is led by CEO and Country Manager Sanjay Khanna.Authorized by the Reserve Bank of India (RBI) for limited banking activities, AEBC provides a range of financial services, including credit and charge cards, traveler’s checks, and payment, travel, and expense management solutions. The company has a branch in New Delhi and five card-centers across India, catering to both individual and corporate clients.
Incorporation Year: 1960
Headquarters: Gurgaon
Top Management: CEO and Country Manager Sanjay Khanna
Industry: BFSI
Website: www.americanexpress.com
Featured In Fortune India Ranking
Fortune 500 India
#471(2020)
#471(2020)
Next 500 India
#295(2024)#258(2023)#128(2022)#41(2020)#82(2019)#156(2018)#243(2017)#311(2016)#472(2015)
#295(2024)#258(2023)#128(2022)#41(2020)#82(2019)#156(2018)#243(2017)#311(2016)#472(2015)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,207
(INR Cr)
Net Operating Income
666
(INR Cr)
Assets
10,643
(INR Cr)
Profit
66
(INR Cr)
Net Worth
1,828
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2207 18.6% | 1862 27.0% | 1466 10.7% | 1324 -38.4% | 2151 10.9% | 1940 21.2% | 1601 18.2% | 1354 29.1% | 1049 21.1% | 866 14.2% | 759 15.7% | 656 12.5% | 583 26.7% | 460 21.6% | 378 - |
| Net Operating Income (INR Cr) | 666 10.48% | 603 13.80% | 530 -11.98% | 602 -12.46% | 687 32.49% | 519 42.76% | 363 33.20% | 273 33.76% | 204 39.62% | 146 38.57% | 105 19.00% | 89 13.14% | 78 25.90% | 62 -2.55% | 64 - |
| Profit (INR Cr) | 66 -6.5% | 71 - | -5 - | -297 - | 6 -80.1% | 28 -65.2% | 81 65.6% | 49 - | -25 - | -73 - | -91 - | -73 - | 4 -84.6% | 26 - | -50 - |
| Assets (INR Cr) | 10643 14.1% | 9330 14.8% | 8129 15.5% | 7036 -11.8% | 7977 -3.6% | 8274 11.4% | 7429 28.8% | 5769 36.5% | 4228 22.6% | 3448 15.7% | 2980 27.6% | 2335 16.7% | 2002 26.1% | 1587 24.9% | 1271 - |
| Net Worth (INR Cr) | 1828 3.8% | 1762 4.2% | 1691 -0.3% | 1696 10.3% | 1538 0.4% | 1532 31.2% | 1168 44.1% | 810 32.7% | 611 -4.0% | 636 37.0% | 464 -16.5% | 556 12.6% | 493 4.5% | 472 64.9% | 286 0.0% |
| Employee Cost (INR Cr) | 371 4.3% | 356 29.9% | 274 40.8% | 195 5.6% | 184 15.7% | 159 19.7% | 133 9.7% | 121 -2.2% | 124 -3.2% | 128 3.3% | 124 14.6% | 108 0.6% | 108 5.4% | 102 18.2% | 86 - |
| Interest Cost (INR Cr) | 209 | 130 | 107 | 103 | 150 | 146 | 126 | 110 | 148 | 134 | 126 | 117 | 81 | 38 | 32 |
| Cash & Bank Balance (INR Cr) | 369 | 317 | 245 | 357 | 351 | 338 | 289 | 234 | 177 | 294 | 154 | 76 | 79 | 209 | 105 |
| Total Debt (INR Cr) | 6799 | 5796 | 4923 | 4107 | 4189 | 3389 | 3315 | 2394 | 2412 | 1634 | 1682 | 1146 | 1065 | 695 | 614 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.0% | 3.8% | - | - | 0.3% | 1.5% | 5.1% | 3.6% | - | - | - | - | 0.7% | 5.7% | - |
| Profit As % Of Assets | 0.6% | 0.8% | - | - | 0.1% | 0.3% | 1.1% | 0.9% | - | - | - | - | 0.2% | 1.6% | - |
| Profit As % Of Networth | 3.6% | 4.0% | - | - | 0.4% | 1.8% | 7.0% | 6.1% | - | - | - | - | 0.8% | 5.5% | - |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 3.4% | 3.6% | - | - | 0.3% | 1.7% | 6.2% | 5.5% | - | - | - | - | 0.7% | 5.8% | - |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |