National Bank for Agriculture & Rural Development
About
NABARD, India’s apex development bank, was established in 1982 under Act 61 of the Parliament to promote sustainable and equitable agriculture and rural development. Over the past four decades, this premier financial institution has significantly impacted rural India through initiatives in agri-finance, infrastructure development, banking technology and the promotion of microfinance and rural entrepreneurship through Self-Help Groups and Joint Liability Groups. Notably, NABARD has financed nearly one-fifth of India’s rural infrastructure. Key achievements include the SHG-Bank Linkage Programme, launched in 1992, which has evolved into the world’s largest microfinance initiative and the Kisan Credit Card scheme, which has provided crucial support to millions of farmers. NABARD remains dedicated to nation-building through participatory financial and non-financial interventions, innovation, technology and institutional development in rural areas.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 49615 24.5% | 39850 7.2% | 37175 6.2% | 35008 7.1% | 32692 9.3% | 29899 21.6% | 24596 9.6% | 22434 7.5% | 20865 16.5% | 17916 15.1% | 15570 20.3% | 12941 17.5% | 11010 19.4% | 9224 15.6% | 7980 13.0% | 7065 - |
| Net Operating Income (INR Cr) | 49222 24.67% | 39482 6.98% | 36905 6.00% | 34814 0.00% | 32611 10.16% | 29661 21.87% | 24338 9.75% | 22175 7.64% | 20602 17.29% | 17565 14.41% | 15352 20.55% | 12735 17.15% | 10871 19.24% | 9117 15.21% | 7914 14.48% | 6913 27.42% |
| Profit (INR Cr) | 6304 14.4% | 5510 6.4% | 5179 18.1% | 4387 13.7% | 3859 13.0% | 3416 13.6% | 3006 12.1% | 2681 5.3% | 2545 4.7% | 2431 26.3% | 1925 5.6% | 1823 10.9% | 1644 27.8% | 1286 -17.7% | 1564 12.0% | 1396 - |
| Assets (INR Cr) | 887628 13.7% | 780445 6.0% | 736645 15.1% | 639967 23.9% | 516476 8.7% | 475001 20.4% | 394618 17.9% | 334827 11.9% | 299271 8.2% | 276546 12.6% | 245631 19.5% | 205483 16.9% | 175796 14.6% | 153373 16.7% | 131462 15.4% | 113925 - |
| Net Worth (INR Cr) | 97973 7.3% | 91289 1.4% | 90061 11.6% | 80670 0.0% | 73589 10.3% | 66935 8.9% | 61457 12.2% | 54788 10.4% | 49635 6.8% | 46484 8.4% | 42897 5.6% | 40606 8.4% | 37455 3.7% | 36106 -0.5% | 36272 5.2% | 34490 9.7% |
| Employee Cost (INR Cr) | 3042 110.3% | 1447 -22.4% | 1865 6.1% | 1758 -3.1% | 1815 14.3% | 1587 -4.3% | 1658 -3.0% | 1710 37.9% | 1240 21.1% | 1024 -1.1% | 1036 17.4% | 882 7.3% | 822 -27.6% | 1136 104.7% | 555 -20.6% | 699 - |
| Interest Cost (INR Cr) | 36940 | 30370 | 26574 | 24236 | 23783 | 22200 | 17849 | 16269 | 15440 | 12930 | 11297 | 8955 | 7531 | 6194 | 4988 | 4256 |
| Cash & Bank Balance (INR Cr) | 37840 | 16855 | 6073 | 4751 | 11997 | 12319 | 18898 | 13159 | 18926 | 13315 | 13821 | 9194 | 8674 | 10882 | 9695 | 14019 |
| Total Debt (INR Cr) | 789347 | 688909 | 646380 | 559113 | 442886 | 407921 | 333039 | 279941 | 249555 | 229988 | 202681 | 164835 | 138309 | 117245 | 95177 | 79423 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.7% | 13.8% | 13.9% | 12.5% | 11.8% | 11.4% | 12.2% | 12.0% | 12.2% | 13.6% | 12.4% | 14.1% | 14.9% | 13.9% | 19.6% | 19.8% |
| Profit As % Of Assets | 0.7% | 0.7% | 0.7% | 0.7% | 0.8% | 0.7% | 0.8% | 0.8% | 0.9% | 0.9% | 0.8% | 0.9% | 0.9% | 0.8% | 1.2% | 1.2% |
| Profit As % Of Networth | 6.4% | 6.0% | 5.8% | 5.4% | 5.2% | 5.1% | 4.9% | 4.9% | 5.1% | 5.2% | 4.5% | 4.5% | 4.4% | 3.6% | 4.3% | 4.1% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 6.7% | 6.1% | 6.1% | 5.5% | 5.5% | 5.4% | 5.2% | 5.2% | 5.3% | 5.5% | 4.6% | 4.7% | 4.5% | 3.6% | 4.4% | 4.2% |
| ROCE | 0.0% | 0.0% | 4.9% | 4.8% | 5.9% | 6.3% | 6.1% | 6.4% | 6.7% | 6.3% | 6.3% | 6.1% | 6.0% | 5.6% | 5.9% | 6.0% |