Canara Bank
Canara Bank was founded in 1906 in Mangalore. Its segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations. It has completed over a century in the industry and occupies a premier position in the comity of Indian banks.[1]
- Market Cap ₹ 52,791 Cr.
- Current Price ₹ 291
- High / Low ₹ 342 / 172
- Stock P/E 5.80
- Book Value ₹ 364
- Dividend Yield 2.23 %
- ROCE 4.48 %
- ROE 9.06 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.80 times its book value
- Company has delivered good profit growth of 38.3% CAGR over last 5 years
- Company's working capital requirements have reduced from 98.2 days to 56.9 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.9% over past five years.
- Company has a low return on equity of 3.99% over last 3 years.
- Contingent liabilities of Rs.409,944 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.18,449 Cr.
- Promoter holding has decreased over last 3 years: -15.6%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | 22,940 | 30,851 | 34,078 | 39,548 | 43,750 | 44,022 | 41,388 | 41,252 | 46,810 | 48,935 | 69,280 | 69,410 | 78,377 |
Interest | 15,241 | 23,161 | 26,199 | 30,603 | 34,086 | 34,259 | 31,516 | 29,089 | 32,332 | 35,811 | 45,178 | 43,026 | 48,552 |
5,334 | 6,377 | 7,170 | 9,586 | 10,289 | 17,654 | 15,457 | 25,222 | 22,964 | 22,260 | 34,500 | 33,104 | 35,764 | |
Financing Profit | 2,365 | 1,312 | 709 | -641 | -626 | -7,891 | -5,585 | -13,059 | -8,486 | -9,137 | -10,397 | -6,720 | -5,940 |
Financing Margin % | 10% | 4% | 2% | -2% | -1% | -18% | -13% | -32% | -18% | -19% | -15% | -10% | -8% |
2,812 | 2,928 | 3,153 | 3,933 | 4,550 | 4,875 | 7,554 | 6,943 | 6,575 | 7,813 | 14,924 | 16,497 | 18,449 | |
Depreciation | 151 | 157 | 190 | 228 | 427 | 170 | 328 | 445 | 417 | 432 | 820 | 816 | 0 |
Profit before tax | 5,026 | 4,083 | 3,672 | 3,063 | 3,498 | -3,186 | 1,642 | -6,561 | -2,327 | -1,756 | 3,707 | 8,962 | 12,509 |
Tax % | 20% | 20% | 22% | 20% | 23% | 12% | 32% | 36% | 115% | -27% | 31% | 37% | |
Net Profit | 4,026 | 3,283 | 2,872 | 2,438 | 2,703 | -2,813 | 1,122 | -4,222 | 347 | -2,236 | 2,558 | 5,678 | 9,095 |
EPS in Rs | 82.62 | 67.37 | 58.94 | 48.05 | 51.70 | -47.09 | 18.78 | -57.58 | 4.61 | -21.70 | 15.53 | 31.30 | 50.13 |
Dividend Payout % | 12% | 15% | 20% | 21% | 18% | -0% | 5% | -0% | -0% | -0% | -0% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 14% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 38% |
3 Years: | 153% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | 13% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 4% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
443 | 443 | 443 | 461 | 475 | 543 | 597 | 733 | 753 | 1,030 | 1,647 | 1,814 | |
Reserves | 19,597 | 22,247 | 24,435 | 29,159 | 31,384 | 31,060 | 33,088 | 34,872 | 35,424 | 38,263 | 57,238 | 64,297 |
307,698 | 342,579 | 376,139 | 447,953 | 499,512 | 506,665 | 534,779 | 563,580 | 640,026 | 668,113 | 1,060,858 | 1,132,694 | |
8,207 | 8,891 | 11,325 | 14,348 | 16,630 | 14,693 | 15,055 | 17,701 | 18,564 | 16,469 | 33,932 | 28,174 | |
Total Liabilities | 335,945 | 374,160 | 412,343 | 491,922 | 548,001 | 552,961 | 583,519 | 616,886 | 694,767 | 723,875 | 1,153,675 | 1,226,980 |
2,844 | 2,858 | 2,863 | 6,642 | 6,949 | 7,198 | 7,168 | 8,319 | 8,410 | 8,276 | 11,204 | 11,354 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 2 | 2 |
Investments | 83,636 | 102,057 | 121,133 | 126,828 | 142,061 | 142,309 | 150,266 | 144,054 | 152,985 | 176,245 | 261,690 | 282,013 |
249,464 | 269,245 | 288,347 | 358,452 | 398,990 | 403,453 | 426,085 | 464,514 | 533,371 | 539,354 | 880,778 | 933,610 | |
Total Assets | 335,945 | 374,160 | 412,343 | 491,922 | 548,001 | 552,961 | 583,519 | 616,886 | 694,767 | 723,875 | 1,153,675 | 1,226,980 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,527 | -832 | 8,434 | 9,535 | 4,547 | 6,078 | 2,316 | -11,504 | 17,886 | -5,459 | 58,533 | 268 | |
-73 | -142 | -261 | -501 | -875 | -317 | -348 | -274 | -461 | -277 | -666 | -657 | |
2,601 | -1,555 | -1,638 | 1,079 | 140 | 2,331 | 124 | 2,865 | -1,185 | 7,855 | 284 | 4,035 | |
Net Cash Flow | 11,055 | -2,529 | 6,535 | 10,114 | 3,812 | 8,093 | 2,092 | -8,913 | 16,240 | 2,119 | 58,151 | 3,646 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 % | 23% | 15% | 12% | 9% | 9% | -9% | 3% | -12% | 1% | -6% | 5% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - With reference to above and pursuant to the applicable provisions of SEBI (LODR) Regulations, 2015, we herewith enclose the transcript of post results Earnings conference …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Jan - Unaudited (Reviewed) Financial Results (Standalone & Consolidated) for the Third Quarter / Nine Months ended 31.12.2022, approved by the Board of the Bank in its …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
23 Jan - The Bank conducted an Earning conference call to discuss the Financial Results of Bank for Q3 FY 2022-23 with Analysts/Investors today i.e. Monday, 23rd January, …
- Disclosure Of Security Cover Certificate For The Quarter Ended December 31, 2022 23 Jan
- Disclosure As per Regulation 32(1) & 52(7)/7(A) Of SEBI (LODR) Regulations, 2015 - Statement Indicating Utilization Of Issue Proceeds And /Or Deviation Or Variation For The Quarter Ended December 31, 2022 23 Jan
Annual reports
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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
from bse
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Financial Year 2010
from nse
Concalls
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Jan 2021Transcript PPT
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Nov 2020Transcript PPT
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Oct 2020TranscriptPPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Jan 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Jan 2019TranscriptPPT
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Oct 2018TranscriptPPT
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May 2018TranscriptPPT
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Jan 2017TranscriptPPT
Ratios
Capital Adequacy Ratio - 13.69%[1]
Net Interest Margin - 2.80%[2]
Gross NPA - 7.46%
Net NPA - 2.64%[3]
CASA Ratio - 33.41%[4]