Bank of Baroda
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.(Source : Company Web-site)
- Market Cap ₹ 1,25,664 Cr.
- Current Price ₹ 243
- High / Low ₹ 300 / 191
- Stock P/E 6.40
- Book Value ₹ 265
- Dividend Yield 3.42 %
- ROCE 6.26 %
- ROE 15.7 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.92 times its book value
- Stock is providing a good dividend yield of 3.43%.
- Company has delivered good profit growth of 105% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 21.5%
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.6,38,526 Cr.
- Company might be capitalizing the interest cost
* 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
Part of BSE 500 BSE 100 BSE 200 BSE PSU Nifty Next 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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38,940 | 42,964 | 44,061 | 42,200 | 43,649 | 49,771 | 75,984 | 70,495 | 69,881 | 89,589 | 112,606 | 121,442 | |
Interest | 26,974 | 29,776 | 31,321 | 28,687 | 28,127 | 31,290 | 48,532 | 41,686 | 37,259 | 48,233 | 67,884 | 75,783 |
10,586 | 11,828 | 23,935 | 17,287 | 23,989 | 23,166 | 37,911 | 34,872 | 33,329 | 29,700 | 32,708 | 35,852 | |
Financing Profit | 1,380 | 1,359 | -11,196 | -3,774 | -8,467 | -4,686 | -10,460 | -6,063 | -708 | 11,656 | 12,014 | 9,807 |
Financing Margin % | 4% | 3% | -25% | -9% | -19% | -9% | -14% | -9% | -1% | 13% | 11% | 8% |
4,463 | 4,402 | 4,999 | 6,758 | 6,657 | 6,294 | 10,317 | 12,934 | 11,484 | 10,026 | 14,495 | 16,647 | |
Depreciation | 345 | 340 | 501 | 511 | 863 | 910 | 1,660 | 1,315 | 1,390 | 1,955 | 1,620 | 0 |
Profit before tax | 5,497 | 5,421 | -6,698 | 2,473 | -2,673 | 698 | -1,802 | 5,556 | 9,386 | 19,727 | 24,890 | 26,454 |
Tax % | 17% | 37% | -19% | 44% | -9% | 38% | -130% | 85% | 23% | 28% | 29% | 26% |
4,541 | 3,398 | -5,396 | 1,383 | -2,432 | 434 | 546 | 829 | 7,272 | 14,110 | 17,789 | 19,581 | |
EPS in Rs | 21.15 | 15.37 | -23.42 | 6.00 | -9.19 | 1.64 | 1.18 | 1.60 | 14.06 | 27.28 | 34.40 | 37.86 |
Dividend Payout % | 20% | 21% | 0% | 20% | 0% | 0% | 0% | 0% | 20% | 20% | 22% | 22% |
Compounded Sales Growth | |
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10 Years: | 11% |
5 Years: | 10% |
3 Years: | 20% |
TTM: | 8% |
Compounded Profit Growth | |
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10 Years: | 19% |
5 Years: | 105% |
3 Years: | 39% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 45% |
3 Years: | 36% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 16% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 431 | 444 | 462 | 462 | 530 | 530 | 925 | 1,036 | 1,036 | 1,036 | 1,036 | 1,036 |
Reserves | 35,555 | 39,392 | 39,737 | 39,841 | 42,864 | 50,453 | 70,931 | 76,010 | 84,874 | 97,187 | 111,188 | 135,890 |
Deposits | 568,894 | 617,560 | 574,038 | 601,675 | 591,315 | 638,690 | 945,984 | 966,997 | 1,045,939 | 1,203,688 | 1,326,958 | 1,472,035 |
Borrowing | 36,813 | 35,264 | 33,472 | 30,611 | 62,572 | 67,201 | 93,069 | 66,848 | 103,899 | 101,910 | 94,402 | 123,716 |
17,811 | 22,329 | 23,668 | 22,286 | 22,718 | 24,113 | 47,006 | 44,474 | 42,252 | 54,740 | 52,213 | 48,571 | |
Total Liabilities | 659,505 | 714,989 | 671,376 | 694,875 | 720,000 | 780,987 | 1,157,916 | 1,155,365 | 1,278,000 | 1,458,562 | 1,585,797 | 1,781,247 |
2,734 | 2,875 | 6,254 | 5,758 | 5,367 | 6,990 | 8,889 | 8,016 | 9,922 | 8,707 | 7,913 | 12,376 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 116,113 | 116,812 | 120,451 | 129,631 | 163,185 | 182,298 | 274,615 | 261,220 | 315,795 | 362,485 | 369,817 | 385,398 |
540,658 | 595,301 | 544,672 | 559,487 | 551,448 | 591,699 | 874,412 | 886,128 | 952,283 | 1,087,370 | 1,208,068 | 1,383,473 | |
Total Assets | 659,505 | 714,989 | 671,376 | 694,875 | 720,000 | 780,987 | 1,157,916 | 1,155,365 | 1,278,000 | 1,458,562 | 1,585,797 | 1,781,247 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
41,016 | 18,021 | -9,842 | 17,194 | -61,088 | -4,120 | 17,941 | -4,609 | 7,529 | -19,747 | -5,457 | 28,020 | |
-689 | -539 | -3,995 | -426 | -563 | -3,957 | 141 | -269 | -3,967 | -1,563 | -574 | -855 | |
5,151 | -6 | -616 | -198 | 4,079 | 4,409 | 14,590 | 3,390 | -1,319 | -5,642 | 5,452 | 3,560 | |
Net Cash Flow | 45,479 | 17,475 | -14,453 | 16,570 | -57,573 | -3,668 | 32,672 | -1,488 | 2,242 | -26,952 | -579 | 30,725 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 13% | 9% | -13% | 3% | -6% | 1% | 1% | 1% | 9% | 15% | 17% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Newspaper Publication - 29th Annual General Meeting Notice
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Newspaper Publication - Transfer of Unpaid Dividend to IEPF
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 May
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Investor Interaction
15 May - Bank of Baroda to meet investors at Dam Capital BFSI Conference on 21 May 2025.
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Analyst Meet Transcript
14 May - Bank of Baroda reports record FY25 profit of ₹20,700 Cr, 13.7% loan growth, 2.26% GNPA, and dividend ₹8.35/share.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2025Transcript PPT REC
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May 2017TranscriptNotesPPT
Market Position
The bank is among India’s top five banks by asset size and total deposits with a 6% market share as of FY24. [1]