Canara Bank

Canara Bank Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Canara Bank

₹ 537 -2.11%
13 May 10:52 a.m.
canarabank.com BSE: 532483 NSE: CANBK
About

Canara Bank was founded in 1906 in Mangalore. Its segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations. It has completed over a century in the industry and occupies a premier position in the comity of Indian banks.[1]

Key Points

Ratios as of Q2FY24
Capital Adequacy Ratio - 13.69%[1]
Net Interest Margin - 2.80%[2]
Gross NPA - 4.76%
Net NPA - 1.41%[3]
CASA Ratio - 33.41%[4]

Website BSE NSE
  • Market Cap ₹ 97,346 Cr.
  • Current Price ₹ 537
  • High / Low ₹ 633 / 291
  • Stock P/E 6.71
  • Book Value ₹ 406
  • Dividend Yield 3.01 %
  • ROCE 7.00 %
  • ROE 19.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 111% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 20.4%
  • Company's working capital requirements have reduced from 28.1 days to 12.0 days

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.3,15,114 Cr.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -6.40%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Revenue 16,337 16,784 17,064 17,701 17,862 18,177 20,107 22,231 23,910 25,004 26,838 28,039 28,807
Interest 10,726 10,625 10,790 10,756 10,856 11,392 12,673 13,631 15,293 16,338 17,935 18,622 19,227
8,746 8,293 8,298 6,999 8,974 9,044 8,990 8,756 9,235 8,600 8,530 8,806 9,892
Financing Profit -3,135 -2,134 -2,024 -54 -1,968 -2,259 -1,557 -156 -618 66 373 612 -312
Financing Margin % -19% -13% -12% -0% -11% -12% -8% -1% -3% 0% 1% 2% -1%
4,703 4,156 4,268 2,257 4,462 5,175 4,825 3,986 4,775 4,819 4,634 4,295 5,218
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1,568 2,022 2,243 2,203 2,493 2,916 3,269 3,831 4,157 4,885 5,008 4,907 4,906
Tax % 36% 42% 41% 32% 33% 31% 23% 25% 24% 28% 28% 25% 23%
1,011 1,177 1,333 1,502 1,666 2,022 2,525 2,882 3,175 3,535 3,606 3,656 3,757
EPS in Rs 6.14 7.15 7.35 8.28 9.18 11.15 13.92 15.88 17.50 19.49 19.88 20.15 20.71
Gross NPA % 8.93% 8.50% 8.42% 7.80% 7.51% 6.98% 6.37% 5.89% 5.35% 5.15% 4.76% 4.39% 4.23%
Net NPA % 3.82% 3.46% 3.21% 2.86% 2.65% 2.48% 2.19% 1.96% 1.73% 1.57% 1.41% 1.32% 1.27%
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Revenue 34,078 39,548 43,750 44,022 41,388 41,252 46,810 48,935 69,280 69,410 84,425 108,688
Interest 26,199 30,603 34,086 34,259 31,516 29,089 32,332 35,811 45,178 43,026 52,989 72,122
7,170 9,586 10,289 17,654 15,457 25,222 22,964 22,260 34,500 33,104 35,032 35,827
Financing Profit 709 -641 -626 -7,891 -5,585 -13,059 -8,486 -9,137 -10,397 -6,720 -3,596 739
Financing Margin % 2% -2% -1% -18% -13% -32% -18% -19% -15% -10% -4% 1%
3,153 3,933 4,550 4,875 7,554 6,943 6,575 7,813 14,924 16,497 18,762 18,966
Depreciation 190 228 427 170 328 445 417 432 820 816 993 0
Profit before tax 3,672 3,063 3,498 -3,186 1,642 -6,561 -2,327 -1,756 3,707 8,962 14,173 19,705
Tax % 22% 20% 23% 12% 32% 36% 115% -27% 31% 37% 25% 26%
2,872 2,438 2,703 -2,813 1,122 -4,222 347 -2,236 2,558 5,678 10,604 14,554
EPS in Rs 58.94 48.05 51.70 -47.09 18.78 -57.58 4.61 -21.70 15.53 31.30 58.45 80.23
Dividend Payout % 20% 21% 18% 0% 5% 0% 0% 0% 0% 21% 21% 20%
Compounded Sales Growth
10 Years: 11%
5 Years: 18%
3 Years: 16%
TTM: 29%
Compounded Profit Growth
10 Years: 20%
5 Years: 111%
3 Years: 79%
TTM: 41%
Stock Price CAGR
10 Years: 5%
5 Years: 18%
3 Years: 55%
1 Year: 85%
Return on Equity
10 Years: 6%
5 Years: 11%
3 Years: 15%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 443 461 475 543 597 733 753 1,030 1,647 1,814 1,814
Reserves 24,435 29,159 31,384 31,060 33,088 34,872 35,424 38,263 57,238 64,297 71,793
376,139 447,953 499,512 506,665 534,779 563,580 640,026 668,113 1,060,858 1,132,694 1,237,308
11,325 14,348 16,630 14,693 15,055 17,701 18,564 16,469 33,932 29,299 34,817
Total Liabilities 412,343 491,922 548,001 552,961 583,519 616,886 694,767 723,875 1,153,675 1,228,105 1,345,732
2,863 6,642 6,949 7,198 7,168 8,319 8,410 8,276 11,204 11,354 10,231
CWIP 0 0 0 0 0 0 0 0 2 2 0
Investments 121,133 126,828 142,061 142,309 150,266 144,054 152,985 176,245 261,690 282,013 319,038
288,347 358,452 398,990 403,453 426,085 464,514 533,371 539,354 880,778 934,736 1,016,463
Total Assets 412,343 491,922 548,001 552,961 583,519 616,886 694,767 723,875 1,153,675 1,228,105 1,345,732

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8,434 9,535 4,547 6,078 2,316 -11,504 17,886 -5,459 58,533 268 -40,676 14,254
-261 -501 -875 -317 -348 -274 -461 -277 -666 -657 -390 -1,083
-1,638 1,079 140 2,331 124 2,865 -1,185 7,855 284 4,035 435 -3,834
Net Cash Flow 6,535 10,114 3,812 8,093 2,092 -8,913 16,240 2,119 58,151 3,646 -40,631 9,337

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 12% 9% 9% -9% 3% -12% 1% -6% 5% 9% 15%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.33% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93% 62.93%
3.92% 5.57% 7.62% 8.48% 7.97% 8.44% 8.74% 8.95% 8.91% 10.19% 11.21% 10.57%
12.35% 14.67% 13.83% 13.61% 13.82% 15.34% 16.60% 16.20% 15.93% 14.91% 14.29% 14.39%
14.40% 16.83% 15.62% 14.97% 15.27% 13.28% 11.72% 11.92% 12.21% 11.96% 11.55% 12.10%
No. of Shareholders 6,09,8895,89,1206,42,6466,39,1366,76,4876,47,8646,16,0246,29,4446,35,5566,38,4016,44,7707,59,083

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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