Bank Of India

Bank Of India

NSE: BANKINDIA BSE: 532149 SECTOR: Bank - Public  96k   507   108

72.70
-1.50 (-2.02%)
NSE: 09 Jun 03:58 PM

Price Summary

Today's High

₹ 74.45

Today's Low

₹ 72.5

52 Week High

₹ 103.5

52 Week Low

₹ 40.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 29832.93 Cr.

CASA %

38.41

No. of Shares

410.36 Cr.

P/E

7.42

P/B

0.57

Face Value

₹ 10

Div. Yield

2.75 %

Book Value (TTM)

₹  126.9

Net Interest Income

₹ 20274.9 Cr.

Cost To Income %

51.08

Promoter Holding

81.41 %

EPS (TTM)

₹  9.8

CAR %

16.28

ROE

8.02 %

ROCE

9.69%

Profit Growth

18.16 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 26 Indices.

NIFTYMIDCAP

NIFTY Midcap 100
34153.05
  -47.3499999999985 (-0.138448673114933%)

NIFTYALPHA

Nifty Alpha 50
29987.65
  82.3500000000022 (0.275369248929125%)

NIFTY500

Nifty 500
15877.4
  -43.6499999999996 (-0.274165334572785%)

NIFTYMIDCAP150

Nifty Midcap 150
12814.8
  -16.6000000000004 (-0.129370138878071%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
11869.1
  -12.6999999999989 (-0.106886162029318%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
10607.15
  -24.0500000000011 (-0.226220934607579%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
10505
  -21.8999999999996 (-0.208038453865811%)

NIFTY200

Nifty 200
9769.3
  -29.5500000000011 (-0.301566000091857%)

NIFTYTOTALMCAP

Nifty Total Market index
8862.5
  -23.3999999999996 (-0.263338547586622%)

NIFTYDIVOPPT

Nifty Dividend Opportunities 50
4112.35
  -24.5999999999995 (-0.594640979465533%)

NIFTYPSUBANK

Nifty PSU Bank
4035.3
  -49.5 (-1.21180963572268%)

NIFTYFULLMIDCAP100

NIFTY FULL MIDCAP 100
5987.56
  -42.7999999999993 (-0.709742038617911%)

MIDCAP

S&P Bse Mid Cap
27518.19
  7.48999999999796 (0.0272257703366252%)

BSE500

S&P Bse 500
25224.55
  -72.0200000000004 (-0.284702629645051%)

BSEPSU

S&P Bse PSU
10549.57
  -15.3400000000001 (-0.145197640112416%)

MID150

S&P Bse 150 MidCap
9632.94
  -16.8299999999999 (-0.174408301959528%)

BSE200

S&P Bse 200
8004.97
  -24.8499999999995 (-0.309471445188059%)

LMI250

S&P Bse 250 LargeMidCap
7571.09
  -23.21 (-0.30562395480821%)

MSL400

S&P Bse 400 MidSmallCap
7324.18
  -9.34999999999945 (-0.127496580773512%)

ALLCAP

S&P Bse Allcap
7273.47
  -18.8699999999999 (-0.258764676359025%)

SPBSMOIP

S&P Bse Momentum
1252.18
  5.33000000000015 (0.427477242651486%)

SPBSQIP

S&P Bse Quality
1249.78
  -6.90000000000009 (-0.54906579240539%)

SPBSEVIP

S&P Bse Enhanced Value
501.04
  -2.09999999999997 (-0.417378860754458%)

FIN

S&P Bse Finance
9169.88
  -12.8200000000015 (-0.139610354253128%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
7523.93
  -23.0599999999995 (-0.305552279783061%)

S&P MIDSMLCAP

S&P Bse MidSmallCap
7867.58
  1.93000000000029 (0.0245370694093916%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year8.02%
3 Year7.14%
5 Year-0.73%

ROA%

1 Year0.52%
3 Year0.43%
5 Year-0.01%

Net NPA%

1 Year1.66%
3 Year2.45%
5 Year3.37%

 NIM

1 Year2.62%
3 Year2.25%
5 Year2.32%

CAR %

16.28

Cost of Liabilities %

3.72639959128888

PEG Ratio

0.41

Advances Growth %

15.4589791075138

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 81.41 0
Dec 2022 81.41 0
Sep 2022 81.41 0
Jun 2022 81.41 0
Mar 2022 81.41 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • CASA stands at 38.4146912800445% of total deposits.
  • Good Capital Adequacy Ratio of 16.28%.
  • The company has delivered good Profit growth of 49.785360812773% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.432573249957466%
  • Company has a low ROE of 7.13671346028017% over the last 3 years.
  • High Cost to income ratio of 51.0768147099646%.
  • The company has delivered poor Income growth of 4.00436652188412% over the past 3 years.
  • Increase in Provision and contingencies of 62.0032237310607% on YoY.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 9856.28 9972.64 11497.4 12727.75 13449.93
Other Income 1587.18 1151.72 1417.32 1431.85 3099
Interest Expended 5870.18 5900.21 6413.8 7132.72 7926.09
Operating Expenses 3107.62 3041.34 3126.74 3374.95 4439.14
Total Provisions 1540.61 1321.74 1912.06 1878.98 2050.53
Profit Before Tax 925.05 861.07 1462.12 1772.95 2133.17
Tax 318.78 299.58 502.12 621.94 782.73
Net Profit 606.27 561.49 960 1151.01 1350.44
Net NPA % 2.34 2.21 1.92 1.61 1.66
Gross NPA % 9.98 9.3 8.51 7.66 7.31
Return on Assets % 0.3 0.29 0.47 0.55 0.63
NPM % 6.15 5.63 8.35 9.04 10.04

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Interest Earned 40767.81 42353.27 40599.44 38075.83 47647.72
Other Income 4658.89 6713.07 6841.87 7878.73 7099.89
Interest Expended 27110.14 27096.29 26329.6 24013.73 27372.82
Operating Expenses 10224.35 10451.4 10839.11 11952.37 13982.17
Total Provisions 16805.62 16121.38 7035.89 4421.71 7163.31
Profit Before Tax -8713.41 -4602.73 3236.71 5566.75 6229.31
Taxes -3166.51 -1645.84 1076.41 2162.05 2206.37
Net Profit -5546.9 -2956.89 2160.3 3404.7 4022.94
Adjusted EPS (Rs.) -20.1 -9.02 6.59 8.3 9.8

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 2760.03 3277.66 3277.66 4104.31 4104.31
Total Reserves 38921.13 40538.65 42407.93 51026.93 54866.31
Deposits 520862.35 555504.98 627113.56 627895.96 669585.77
Borrowings 44241.17 39752.47 32464.11 26760.37 64979.02
Other Liabilities 13800.17 17921.72 17593.19 24826.45 22020.21
Total Liabilities 625222.84 656995.48 725856.45 734614.01 815555.61
Assets
Balance with RBI 29236.56 29239.25 60697.57 40280.58 44034.51
Balance with Banks 65574.92 57217.05 65883.1 51277.06 40360.81
Investments 147639.04 158572.99 187252.85 174448.41 204397.88
Advances 341005.94 368883.3 365686.52 420841.79 485899.64
Net Block 8720.21 8690.37 8550.27 9489.56 9852.43
Other Assets 32846.34 34100.88 37422.28 37991.22 30901.78
Total Assets 625222.84 656995.48 725856.45 734614.01 815555.61
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 81.41 81.41 81.41 81.41 81.41
president of india - - - 81.41 -
president of india 81.41 81.41 81.41 - -
government of india - - - - 75.12
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 18.59 18.59 18.59 18.59 18.59
lic of india 7.05 - - - 12.90
life insurance cor... - 7.05 7.05 7.05 -
life insurance cor... - - - - -
life insurance cor... - - - - -
blackrock global f... - - - - 1.38
hdfc trustee compa... - - - - 1.08

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Bank of India informs about newspaper publication7 Jun 2023, 4:52PM Bank Of India informs about business responsibility and sustainability report3 Jun 2023, 3:48PM Bank Of India informs about 27th AGM 3 Jun 2023, 3:09PM Bank of India informs about outcome of board meeting6 May 2023, 3:37PM Bank of India informs about press release6 May 2023, 3:33PM Bank of India reports over 2-fold jump in Q4 consolidated net profit 6 May 2023, 3:09PM Bank Of India - Quaterly Results6 May 2023, 2:04PM Bank Of India - Quaterly Results6 May 2023, 2:04PM Bank Of India - Quaterly Results6 May 2023, 2:04PM Bank of India gets nod to raise Rs 6,500 crore 19 Apr 2023, 9:52AM Bank Of India informs about issuance of duplicate share certificates 13 Apr 2023, 3:35PM Bank of India planning to raise capital up to Rs 6,500 crore12 Apr 2023, 3:14PM Bank Of Baroda informs about closure of trading window 27 Mar 2023, 1:07PM Bank Of India informs about loss of share certificate24 Mar 2023, 2:44PM Bank Of India informs about loss of share certificates9 Mar 2023, 3:05PM Bank Of India informs about loss of share certificate2 Mar 2023, 3:45PM Bank of India informs about details of loss of certificate 1 Mar 2023, 3:42PM Bank Of India informs about loss of share certificates23 Feb 2023, 2:44PM Bank Of India informs about loss of share certificate7 Feb 2023, 3:05PM Bank of India informs about change in directorate20 Jan 2023, 5:02PM Bank of India informs about details of loss of certificate 20 Jan 2023, 3:07PM Bank Of India informs about completion of tenure of MD cum CEO20 Jan 2023, 12:54PM Bank of India informs about investors meet19 Jan 2023, 3:59PM Bank Of India informs about loss of share certificates18 Jan 2023, 2:24PM Bank Of India informs about investor presentation17 Jan 2023, 5:02PM Bank of India reports 8% fall in Q3 consolidated net profit17 Jan 2023, 4:18PM Bank Of India informs about security cover certificate17 Jan 2023, 4:08PM Bank Of India informs about disclosure 17 Jan 2023, 4:00PM Bank Of India informs about press release 17 Jan 2023, 2:45PM Bank Of India informs about financial results 17 Jan 2023, 2:38PM Bank Of India - Quaterly Results17 Jan 2023, 12:24PM Bank Of India - Quaterly Results17 Jan 2023, 12:24PM Bank Of India - Quaterly Results17 Jan 2023, 12:24PM Bank Of India informs about details of loss of certificate 3 Jan 2023, 2:47PM Bank of India’s arm, 5 others settle case with SEBI for Rs 3.92 crore29 Dec 2022, 4:58PM Bank of India infuses capital of Rs 113.68 lakh in PSB Alliance29 Dec 2022, 12:44PM Bank Of India informs about analyst meet19 Dec 2022, 5:07PM Bank of India informs about disclosure13 Dec 2022, 5:23PM Bank Of India informs about analyst meet 6 Dec 2022, 4:50PM Bank Of India informs about allotment of bonds3 Dec 2022, 11:45AM Bank Of India informs about analyst meet 3 Dec 2022, 11:43AM Bank of India raises Rs 1,500 crore through bonds 2 Dec 2022, 10:20AM Bank Of India informs about details of loss of certificate 1 Dec 2022, 2:50PM Bank Of India informs about newspaper publication 17 Nov 2022, 4:59PM Bank of India gets nod to raise Rs 2,500 crore via bonds 7 Nov 2022, 12:08PM Bank of India reports 20% fall in Q2 consolidated net profit3 Nov 2022, 5:20PM Bank Of India - Quaterly Results3 Nov 2022, 1:19PM Bank Of India - Quaterly Results3 Nov 2022, 1:19PM Bank Of India - Quaterly Results3 Nov 2022, 1:19PM Bank of India planning to raise up to Rs 2,500 crore via bonds 28 Oct 2022, 4:38PM

Bank Of India Stock Price Analysis and Quick Research Report. Is Bank Of India an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Bank Of India is performing and if it is the right time to buy the stock of Bank Of India with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Bank Of India has earned Rs 47647.7223 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 4.00436652188412 % in last 3 Years.

  • In terms of advances, the bank reported 15.4589791075138 % YOY,  rise . If you see 3 years advance growth, it stands at 9.61900556031394 %.

  • Currently the company has a CASA ratio of 38.4146912800445 %. It’s overall cost of liability stands at 3.72639959128888 %. Also, the total deposits from these accounts stood at Rs 669585.7713 Cr.

  • The Bank has a Poor ROA track record. The ROA of Bank Of India is at 0.519032231178926 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 7.31 % and 1.66 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 62.0032237310607 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Bank Of India decreased and is currently at Rs 7099.8904 Cr.

  • The company has a Good Capital Adequacy Ratio of 16.28 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Bank Of India is trading at a P/B of 0.574 . The historical average PB was 0.527735600232468.

Brief about Bank Of India

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