Bank of India

Bank of India

₹ 126 1.00%
14 Jun - 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 - 1.66%[3]
CASA Ratio - 40.61%[4]

  • Market Cap 57,254 Cr.
  • Current Price 126
  • High / Low 158 / 69.4
  • Stock P/E 8.76
  • Book Value 155
  • Dividend Yield 2.23 %
  • ROCE 5.69 %
  • ROE 9.98 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.81 times its book value
  • Company has delivered good profit growth of 25.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 21.4%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.29% over past five years.
  • Company has a low return on equity of 7.59% over last 3 years.
  • Contingent liabilities of Rs.4,76,272 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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 9,416 9,374 9,580 9,423 9,903 10,043 11,545 12,796 13,548 14,442 15,062 15,319 16,250
Interest 6,410 6,196 6,013 5,987 5,888 5,915 6,433 7,144 7,948 8,467 9,256 9,792 10,242
4,551 4,437 3,939 3,557 4,701 4,409 5,313 5,291 6,590 4,579 4,546 4,190 6,041
Financing Profit -1,545 -1,259 -371 -122 -685 -281 -201 360 -990 1,396 1,260 1,337 -33
Financing Margin % -16% -13% -4% -1% -7% -3% -2% 3% -7% 10% 8% 9% -0%
1,837 2,335 2,178 1,847 1,650 1,165 1,456 1,422 3,168 1,484 1,717 1,202 1,830
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 291 1,076 1,807 1,726 965 884 1,255 1,782 2,178 2,880 2,977 2,539 1,797
Tax % 5% 35% 41% 43% 33% 34% 40% 35% 36% 48% 50% 25% 17%
83 736 1,073 992 687 659 853 915 1,413 1,562 1,499 1,931 1,574
EPS in Rs 0.25 1.99 2.61 2.43 1.68 1.60 2.08 2.23 3.44 3.81 3.65 4.24 3.46
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 32,096 38,125 43,685 42,093 39,585 38,313 41,005 42,591 40,854 38,281 47,932 61,073
Interest 22,960 27,170 32,220 30,245 27,606 27,679 27,207 27,191 26,421 24,083 27,441 37,757
9,714 11,473 13,600 19,842 21,218 24,618 26,874 26,386 17,672 16,263 21,177 18,848
Financing Profit -579 -518 -2,135 -7,994 -9,239 -13,984 -13,076 -10,987 -3,239 -2,065 -686 4,469
Financing Margin % -2% -1% -5% -19% -23% -36% -32% -26% -8% -5% -1% 7%
3,785 4,319 4,278 3,672 6,819 5,846 4,862 6,687 6,778 8,092 7,168 6,415
Depreciation 189 234 291 290 -7 522 373 392 380 372 427 509
Profit before tax 3,017 3,567 1,852 -4,612 -2,412 -8,660 -8,587 -4,692 3,160 5,655 6,056 10,375
Tax % 9% 23% 6% -37% 34% 30% 37% 35% 34% 38% 37% 37%
2,818 2,988 2,015 -6,276 -1,492 -5,982 -5,426 -3,051 2,081 3,487 3,839 6,567
EPS in Rs 47.32 46.50 30.27 -75.98 -13.94 -34.20 -19.67 -9.31 6.36 8.51 9.35 14.42
Dividend Payout % 21% 11% 17% 0% 0% 0% 0% 0% 0% 24% 21% 19%
Compounded Sales Growth
10 Years: 5%
5 Years: 8%
3 Years: 14%
TTM: 27%
Compounded Profit Growth
10 Years: 8%
5 Years: 26%
3 Years: 48%
TTM: 76%
Stock Price CAGR
10 Years: -8%
5 Years: 8%
3 Years: 17%
1 Year: 72%
Return on Equity
10 Years: -1%
5 Years: 5%
3 Years: 8%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 597 643 666 817 1,055 1,744 2,760 3,278 3,278 4,104 4,104 4,553
Reserves 23,874 30,131 31,857 32,528 32,574 35,013 44,892 41,795 46,703 52,418 56,329 66,028
418,500 527,123 574,581 566,826 581,844 566,595 566,820 597,139 661,562 656,802 737,209 821,572
13,351 20,126 18,046 16,457 16,553 11,833 16,409 20,805 21,244 29,807 28,393 32,127
Total Liabilities 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017 732,786 743,131 826,036 924,280
2,807 5,678 5,802 8,382 8,349 8,192 8,799 8,765 8,637 9,570 9,950 10,178
CWIP 94 143 113 191 197 158 200 293 364 286 110 150
Investments 96,388 116,490 123,196 122,621 130,751 140,321 150,905 162,323 191,693 180,274 211,324 234,592
357,034 455,712 496,040 485,435 492,729 466,513 470,977 491,636 532,092 553,001 604,652 679,361
Total Assets 456,323 578,022 625,150 616,628 632,026 615,184 630,881 663,017 732,786 743,131 826,036 924,280

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
20,632 6,452 14,638 18,311 -6,624 -7,366 -9,218 -4,827 37,868 -35,487 -7,045 -4,437
-388 -814 -755 -609 -371 -260 71 -232 -182 -644 -521 -991
-331 745 1,295 4,864 3,955 7,185 7,983 -3,192 2,398 1,146 541 3,868
Net Cash Flow 19,913 6,383 15,179 22,566 -3,040 -440 -1,164 -8,251 40,085 -34,985 -7,026 -1,560

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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% 11% 6% -19% -4% -17% -14% -7% 4% 6% 6% 10%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
90.34% 81.41% 81.41% 81.41% 81.41% 81.41% 81.41% 81.41% 81.41% 81.41% 73.38% 73.38%
0.38% 0.96% 0.78% 0.72% 0.75% 1.12% 2.23% 2.67% 2.25% 2.92% 4.31% 4.52%
4.63% 11.76% 11.25% 11.07% 11.14% 10.84% 10.56% 10.36% 9.90% 9.55% 14.65% 15.82%
4.65% 5.87% 6.55% 6.80% 6.70% 6.64% 5.80% 5.57% 6.44% 6.11% 7.65% 6.27%
No. of Shareholders 4,19,7174,63,6454,98,5735,12,5525,09,5834,98,7404,71,4834,77,5684,97,9105,16,2025,77,9926,17,238

* 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.

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