Bank of India

₹ 77.9 -5.63%
27 Jan - close price
About

Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations.(Source : Company Web-site )

Key Points

Ratios
Capital Adequacy Ratio - 17.05%[1]
Net Interest Margin - 2.58%[2]
Gross NPA - 13.25%
Net NPA - 2.46%[3]
CASA Ratio - 40.61%[4]

  • Market Cap 31,967 Cr.
  • Current Price 77.9
  • High / Low 104 / 40.4
  • Stock P/E 10.3
  • Book Value 138
  • Dividend Yield 2.57 %
  • ROCE 4.14 %
  • ROE 6.20 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.57 times its book value
  • Company has delivered good profit growth of 33.1% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.67% over past five years.
  • Company has a low return on equity of 1.50% over last 3 years.
  • Contingent liabilities of Rs.450,930 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Revenue 10,898 10,585 10,287 10,852 10,299 9,416 9,374 9,580 9,423 9,903 10,043 11,545 12,796
Interest 6,744 6,758 6,773 6,711 6,526 6,410 6,196 6,013 5,987 5,888 5,915 6,433 7,144
6,556 11,021 3,908 4,715 4,816 4,551 4,437 3,939 3,557 4,701 4,409 5,313 5,291
Financing Profit -2,402 -7,194 -394 -574 -1,043 -1,545 -1,259 -371 -122 -685 -281 -201 360
Financing Margin % -22% -68% -4% -5% -10% -16% -13% -4% -1% -7% -3% -2% 3%
2,532 1,708 1,736 1,359 1,903 1,837 2,335 2,178 1,847 1,650 1,165 1,456 1,422
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 130 -5,485 1,341 785 860 291 1,076 1,807 1,726 965 884 1,255 1,782
Tax % 11% 35% 37% 33% 37% 5% 35% 41% 43% 33% 34% 40% 35%
Net Profit 138 -3,601 845 543 610 83 736 1,073 992 687 659 853 915
EPS in Rs 0.42 -10.99 2.58 1.66 1.86 0.25 1.99 2.61 2.43 1.68 1.60 2.08 2.23
Gross NPA % 14.73% 13.86%
Net NPA % 3.87% 3.57%
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Revenue 21,858 28,611 32,096 38,125 43,685 42,093 39,585 38,313 41,005 42,591 40,854 38,281 44,287
Interest 13,981 20,216 22,960 27,170 32,220 30,245 27,606 27,679 27,207 27,191 26,421 24,083 25,381
6,870 7,953 9,714 11,473 13,600 19,842 21,218 24,618 26,874 26,386 17,672 16,263 19,714
Financing Profit 1,008 442 -579 -518 -2,135 -7,994 -9,239 -13,984 -13,076 -10,987 -3,239 -2,065 -808
Financing Margin % 5% 2% -2% -1% -5% -19% -23% -36% -32% -26% -8% -5% -2%
2,642 3,319 3,785 4,319 4,278 3,672 6,819 5,846 4,862 6,687 6,778 8,092 5,693
Depreciation 145 175 189 234 291 290 -7 522 373 392 380 372 0
Profit before tax 3,505 3,586 3,017 3,567 1,852 -4,612 -2,412 -8,660 -8,587 -4,692 3,160 5,655 4,885
Tax % 29% 25% 9% 23% 6% -37% 34% 30% 37% 35% 34% 38%
Net Profit 2,548 2,733 2,818 2,988 2,015 -6,276 -1,492 -5,982 -5,426 -3,051 2,081 3,487 3,113
EPS in Rs 46.52 47.49 47.32 46.50 30.27 -75.98 -13.94 -34.20 -19.67 -9.31 6.36 8.51 7.59
Dividend Payout % 15% 15% 21% 11% 17% 0% 0% 0% 0% 0% 0% 24%
Compounded Sales Growth
10 Years: 3%
5 Years: -1%
3 Years: -2%
TTM: 17%
Compounded Profit Growth
10 Years: 2%
5 Years: 33%
3 Years: 37%
TTM: 8%
Stock Price CAGR
10 Years: -14%
5 Years: -14%
3 Years: 5%
1 Year: 41%
Return on Equity
10 Years: -3%
5 Years: -5%
3 Years: 2%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
547 575 597 643 666 817 1,055 1,744 2,760 3,278 3,278 4,104
Reserves 17,089 20,839 23,874 30,131 31,857 31,225 30,852 35,013 40,254 41,795 43,703 52,418
321,581 351,531 418,500 527,123 574,581 566,826 581,844 566,595 566,820 597,139 661,562 656,802
13,801 14,633 13,351 20,126 18,046 17,761 18,275 11,833 21,047 20,805 24,244 29,807
Total Liabilities 353,018 387,578 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017 732,786 743,131
2,384 2,740 2,807 5,678 5,802 8,382 8,349 8,192 8,799 8,765 8,637 9,570
CWIP 116 60 94 143 113 191 197 158 200 293 364 286
Investments 86,677 88,057 96,388 116,490 123,196 122,621 130,751 140,321 150,905 162,323 191,693 180,274
263,842 296,722 357,034 455,712 496,040 485,435 492,729 466,513 470,977 491,636 532,092 553,001
Total Assets 353,018 387,578 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017 732,786 743,131

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
6,196 -1,644 20,632 6,452 14,638 18,311 -6,624 -7,366 -9,218 -4,827 37,868 -35,487
-720 -617 -388 -814 -755 -609 -371 -260 71 -232 -182 -644
771 29 -331 745 1,295 4,864 3,955 7,185 7,983 -3,192 2,398 1,146
Net Cash Flow 6,247 -2,232 19,913 6,383 15,179 22,566 -3,040 -440 -1,164 -8,251 40,085 -34,985

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
ROE % 16% 14% 12% 11% 6% -19% -5% -18% -15% -7% 4% 6%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
89.10 89.10 89.10 89.10 89.10 90.34 81.41 81.41 81.41 81.41 81.41 81.41
0.40 0.39 0.32 0.34 0.48 0.38 0.96 0.78 0.72 0.75 1.12 2.23
5.82 5.79 5.53 5.38 5.11 4.63 11.76 11.25 11.07 11.14 10.84 10.56
4.68 4.72 5.05 5.19 5.31 4.65 5.87 6.55 6.80 6.70 6.64 5.80

* 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls