Bank of India

About [ edit ]

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 [ edit ]
  • Market Cap 22,168 Cr.
  • Current Price 67.6
  • High / Low 101 / 31.0
  • Stock P/E
  • Book Value 138
  • Dividend Yield 0.00 %
  • ROCE 3.59 %
  • ROE -7.03 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.49 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.51% over past five years.
  • Company has a low return on equity of -12.29% for last 3 years.
  • Contingent liabilities of Rs.377384.60 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.7143.56 Cr.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Revenue 2,615 10,072 9,832 10,230 10,870 10,392 10,715 10,898 10,585 10,287 10,852 10,299
Interest 1,647 6,684 6,869 6,862 6,791 6,872 6,818 6,744 6,758 6,773 6,711 6,526
956 4,719 5,698 11,655 5,175 4,378 4,823 6,556 11,021 3,908 4,982 4,987
Financing Profit 12 -1,332 -2,734 -8,287 -1,096 -857 -926 -2,402 -7,194 -394 -841 -1,213
Financing Margin % 0% -13% -28% -81% -10% -8% -9% -22% -68% -4% -8% -12%
Other Income 577 650 1,063 1,561 1,517 1,221 1,347 2,532 1,708 1,736 1,626 2,073
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 589 -681 -1,672 -6,726 421 364 422 130 -5,485 1,341 785 860
Tax % 24% 115% 32% 30% 37% 32% 34% 11% 35% 37% 33% 37%
Net Profit 447 154 -1,150 -4,649 217 154 257 138 -3,601 846 543 610
EPS in Rs 9.18 0.89 -6.60 -26.67 0.79 0.47 0.79 0.42 -10.99 2.58 1.66 1.86
Gross NPA % 15.78% 16.44% 14.73% 13.86%
Net NPA % 5.59% 5.78% 3.87% 3.57%

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 16,417 17,996 21,858 28,611 32,096 38,125 43,685 42,093 39,585 38,313 41,005 42,591 42,023
Interest 10,880 12,163 13,981 20,216 22,960 27,170 32,220 30,245 27,606 27,679 27,207 27,191 26,768
4,367 5,822 6,870 7,953 9,714 11,473 13,600 19,842 21,218 24,618 26,874 26,386 24,897
Financing Profit 1,169 11 1,008 442 -579 -518 -2,135 -7,994 -9,239 -13,984 -13,076 -10,987 -9,642
Financing Margin % 7% 0% 5% 2% -2% -1% -5% -19% -23% -36% -32% -26% -23%
Other Income 3,077 2,601 2,642 3,319 3,785 4,319 4,278 3,672 6,819 5,846 4,862 6,687 7,144
Depreciation 72 110 145 175 189 234 291 290 -7 522 373 392 0
Profit before tax 4,174 2,502 3,505 3,586 3,017 3,567 1,852 -4,612 -2,412 -8,660 -8,587 -4,692 -2,499
Tax % 28% 31% 29% 25% 9% 23% 6% -37% 34% 30% 37% 35%
Net Profit 3,088 1,787 2,542 2,725 2,820 2,987 2,013 -6,204 -1,470 -5,961 -5,427 -3,051 -1,601
EPS in Rs 58.79 34.03 46.52 47.49 47.32 46.50 30.27 -75.98 -13.94 -34.20 -19.67 -9.31 -4.89
Dividend Payout % 14% 21% 15% 15% 21% 11% 17% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:9%
5 Years:-1%
3 Years:2%
TTM:-2%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-309%
Stock Price CAGR
10 Years:-16%
5 Years:-5%
3 Years:-13%
1 Year:110%
Return on Equity
10 Years:-3%
5 Years:-12%
3 Years:-12%
Last Year:-7%

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
526 526 547 575 597 643 666 817 1,055 1,744 2,760 3,278
Reserves 13,131 13,919 17,089 20,839 23,874 30,131 31,857 31,225 30,852 35,013 40,254 41,795
Borrowings 205,855 252,808 321,581 351,531 418,500 527,123 574,581 566,826 581,844 566,595 566,820 597,139
6,843 9,564 13,801 14,633 13,351 20,126 18,046 17,761 18,275 11,833 21,047 20,805
Total Liabilities 226,355 276,817 353,018 387,578 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017
2,451 2,314 2,384 2,740 2,807 5,678 5,802 8,382 8,349 8,192 8,799 8,765
CWIP 110 65 116 60 94 143 113 191 197 158 200 293
Investments 52,872 68,113 86,677 88,057 96,388 116,490 123,196 122,621 130,751 140,321 150,905 162,323
170,922 206,325 263,842 296,722 357,034 455,712 496,040 485,435 492,729 466,513 470,977 491,636
Total Assets 226,355 276,817 353,018 387,578 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017

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
3,959 8,321 6,196 -1,644 20,632 6,452 14,638 18,311 -6,624 -7,366 -9,218 -4,827
-256 -16 -720 -617 -388 -814 -755 -609 -371 -260 71 -232
386 1,254 771 29 -331 745 1,295 4,864 3,955 7,185 7,983 -3,192
Net Cash Flow 4,089 9,559 6,247 -2,232 19,913 6,383 15,179 22,566 -3,040 -440 -1,164 -8,251

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 % 25% 13% 16% 14% 12% 11% 6% -19% -5% -18% -14% -7%

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
83.09 83.09 83.09 87.05 89.10 89.10 89.10 89.10 89.10 89.10 89.10 89.10
1.15 1.08 1.08 0.70 0.50 0.46 0.44 0.40 0.39 0.32 0.34 0.48
11.52 11.51 11.58 7.32 6.07 5.88 5.85 5.82 5.79 5.53 5.38 5.11
4.23 4.32 4.24 4.93 4.33 4.57 4.61 4.68 4.72 5.05 5.19 5.31

Documents