Bank of Baroda

About [ edit ]

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)

Key Points [ edit ]
  • Market Cap 36,484 Cr.
  • Current Price 70.6
  • High / Low 99.8 / 36.0
  • Stock P/E 13.3
  • Book Value 147
  • Dividend Yield 0.00 %
  • ROCE 5.06 %
  • ROE 1.47 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.48 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -7.63%
  • Company has a low return on equity of 0.08% for last 3 years.
  • Contingent liabilities of Rs.377459.05 Cr.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Revenue 0 12,270 12,737 13,708 14,191 19,723 20,077 19,991 19,104 19,524 18,837 18,915
Interest 0 7,527 7,865 8,515 8,598 12,796 12,611 12,315 12,319 12,055 10,797 10,407
0 5,197 5,813 6,243 9,511 8,084 9,394 12,798 12,005 10,674 8,323 9,873
Financing Profit 0 -454 -941 -1,050 -3,918 -1,157 -1,928 -5,122 -5,219 -3,206 -283 -1,364
Financing Margin % -4% -7% -8% -28% -6% -10% -26% -27% -16% -2% -7%
Other Income 0 1,460 1,806 2,043 2,578 2,334 3,228 3,144 3,486 2,161 3,017 3,156
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 1,006 865 993 -1,339 1,177 1,300 -1,978 -1,734 -1,045 2,734 1,791
Tax % 36% 32% 33% 39% 30% 34% 38% 128% 38% 34% 35%
Net Profit 0 656 604 661 -821 834 853 -1,219 459 -679 1,771 1,196
EPS in Rs 0.00 2.48 2.28 2.50 -3.10 2.17 2.22 -2.64 0.99 -1.47 3.83 2.59
Gross NPA %
Net NPA %

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
Revenue 15,548 17,235 22,513 30,488 36,442 40,463 44,915 45,799 44,473 46,056 52,906 78,895 76,380
Interest 10,167 11,023 13,350 19,724 24,486 27,604 30,547 32,107 29,596 29,160 32,506 50,040 45,578
4,495 4,548 6,295 8,216 10,949 12,049 13,466 25,391 19,250 26,093 25,815 40,583 40,875
Financing Profit 886 1,663 2,869 2,548 1,007 809 902 -11,700 -4,372 -9,197 -5,414 -11,728 -10,073
Financing Margin % 6% 10% 13% 8% 3% 2% 2% -26% -10% -20% -10% -15% -13%
Other Income 2,913 2,965 3,287 4,051 4,509 5,555 5,449 5,992 7,937 7,992 7,887 12,191 11,819
Depreciation 239 243 260 295 322 368 368 525 540 901 948 1,697 0
Profit before tax 3,559 4,386 5,896 6,304 5,195 5,996 5,983 -6,233 3,024 -2,106 1,525 -1,234 1,747
Tax % 33% 28% 25% 17% 9% 18% 36% 19% 41% 9% 29% 176%
Net Profit 2,384 3,179 4,434 5,249 4,804 5,001 3,912 -5,068 1,815 -1,887 1,100 928 2,748
EPS in Rs 13.09 17.46 22.65 25.53 22.81 23.29 17.69 -21.99 7.88 -7.13 4.16 2.01 5.94
Dividend Payout % 14% 17% 15% 13% 19% 19% 18% 0% 15% 0% 0% 0%
Compounded Sales Growth
10 Years:16%
5 Years:12%
3 Years:21%
TTM:3%
Compounded Profit Growth
10 Years:-11%
5 Years:-25%
3 Years:-19%
TTM:880%
Stock Price CAGR
10 Years:-9%
5 Years:-15%
3 Years:-21%
1 Year:72%
Return on Equity
10 Years:5%
5 Years:-1%
3 Years:0%
Last Year:1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
366 366 393 412 423 431 444 462 462 530 530 925
Reserves 12,959 15,349 21,434 28,104 32,859 37,416 41,574 42,041 42,605 46,036 49,424 75,179
Borrowings 209,385 259,355 333,982 416,214 509,192 616,973 665,483 620,536 648,499 672,311 734,456 1,068,981
8,867 9,203 10,399 12,670 16,914 21,284 26,465 28,134 27,649 28,919 35,259 54,850
Total Liabilities 231,577 284,273 366,208 457,400 559,387 676,104 733,966 691,173 719,216 747,796 819,670 1,199,935
2,560 2,369 2,383 2,428 2,550 2,849 2,978 6,359 5,930 5,532 7,368 9,268
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 53,627 63,163 74,154 86,697 125,617 122,113 124,739 128,894 140,716 175,137 195,716 289,727
175,391 218,740 289,670 368,275 431,220 551,142 606,248 555,920 572,570 567,126 616,586 900,941
Total Assets 231,577 284,273 366,208 457,400 559,387 676,104 733,966 691,173 719,216 747,796 819,670 1,199,935

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
1,279 11,142 12,034 14,637 23,196 42,233 17,838 -10,011 17,865 -59,692 -1,449 18,531
-148 -294 -349 -416 -514 -730 -556 -4,005 -551 -414 -2,537 -139
901 520 3,169 165 -790 5,151 -6 -616 -198 3,413 4,449 14,729
Net Cash Flow 2,033 11,367 14,854 14,387 21,892 46,654 17,276 -14,632 17,116 -56,692 462 33,120

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROE % 19% 21% 24% 21% 16% 14% 10% -12% 4% -4% 2% 1%

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
63.71 63.74 63.74 63.26 69.23 69.23 71.60 71.60 71.60 71.60 71.60 63.97
13.10 10.35 9.38 9.79 6.38 6.19 4.83 4.57 4.09 3.94 4.32 6.89
14.88 16.75 18.08 18.19 15.82 16.10 13.86 13.95 12.66 11.36 11.30 15.90
8.31 9.16 8.80 8.76 8.57 8.47 9.72 9.88 11.66 13.10 12.79 13.24

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