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Bank of India

BANKINDIA NSE

Key Fundamentals

MidcapPublic Sector BankBanks
Market Cap
₹64,912 Cr
Volatility
Moderate
P/E Ratio
5.6
EBITDA
₹14,803 Cr
Return on Equity
11.44%
Debt to Equity
0
Book Value
₹182.23
EPS
₹15.14
52W High
₹178.36
52W Low
₹109.3

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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62 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Stock is trading at 0.73 times its book value
  • Stock is providing a good dividend yield of 3.21%.
  • Company has delivered good profit growth of 39.2% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 19.8%

Weaknesses

4
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.7% over last 3 years.
  • Contingent liabilities of Rs.6,93,361 Cr.
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
6.51%
Net Income Growth
7.92%
Cash Flow Change
-74.36%
ROE
-3.13%
ROCE
-3.56%
EBITDA Margin (Avg.)
2.03%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
AI opinion · based on fundamentals
Risk high

Bank of India trades at a market cap of ₹64,830 Cr with a PE of 5.4x and PB of 0.77x, reflecting deep value metrics alongside structural concerns. The bank has delivered 39% profit CAGR over 5 years but carries contingent liabilities of ₹6,93,361 Cr and a 3-year ROE of only ~12%.

Bull Case 8
  • Trades at 0.77x price-to-book, well below the 1x threshold, indicating significant valuation discount to book value
  • PE ratio of 5.4x is substantially below the banking sector average, suggesting earnings are cheaply priced
  • Compounded profit growth of 39% CAGR over the last 5 years demonstrates strong earnings recovery
  • Dividend yield of 3.31% with a consistent payout ratio of 19.8%, offering income to shareholders
  • TTM profit growth of 19% indicates continued earnings momentum in the most recent period
  • Stock CAGR of 27% over 1 year shows strong recent price appreciation and market re-rating
  • Revenue growth of 16% CAGR over 3 years reflects improving core business traction
  • ROE has improved from 3% on a 10-year basis to 12% in the last year, showing a clear upward trajectory
Bear Case 8
  • Contingent liabilities of ₹6,93,361 Cr are massive — over 10x the bank's market cap — posing tail risk if even a fraction crystallizes
  • Low interest coverage ratio signals vulnerability to margin compression or asset quality deterioration
  • 3-year ROE of 12% remains modest for a bank, indicating sub-optimal capital efficiency
  • 10-year stock CAGR of just 2% reflects a prolonged period of value destruction for long-term holders
  • 10-year compounded sales growth of only 6% suggests structurally slow top-line expansion
  • Possible capitalization of interest costs raises concerns about the quality of reported earnings
  • 10-year ROE average of just 3% highlights a long history of poor profitability prior to recent recovery
  • 5-year revenue CAGR of 13% lags behind profit CAGR of 39%, suggesting earnings growth is partly driven by provision writebacks or one-offs rather than operating leverage alone

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Headwinds 1
  • RBI penalty for note shortages Jul 10

    RBI imposed a Rs 4.27 lakh penalty on Bank of India for currency note shortages at its Nagpur branch. The bank stated the fine has no material financial impact.

Positives 3
  • Q1FY27 profit surges 36% Jul 30

    Bank of India reported Q1FY27 net profit of ₹3,068 crore, up 36% YoY, driven by improved asset quality and NII growth. The bank targets 15-16% global advance growth in FY27.

  • $4.2B international funding plan Jul 30

    Bank of India plans to raise $4.2 billion internationally via FCNRs, OFCBs, and ECBs by December 2026, strengthening its capital and funding base.

  • MCLR hike supports margins Jul 30

    Bank of India raised its 1-year MCLR by 5 bps from 8.75% to 8.80%, which should support net interest margins on existing and new loan products.

Neutral 2
  • Senior management reshuffle Aug 4

    Bank of India reassigned B. Kumar and Vikash Krishna to new CGM roles effective August 4, 2026. B. Kumar was promoted from GM & CFO to Chief General Manager effective August 1.

  • Q1 FY27 earnings call held Jul 20

    Bank of India hosted an earnings call on July 24, 2026, led by MD & CEO Rajneesh Karnatak to discuss Q1 FY27 unaudited results.

TL;DR: Bank of India delivered a strong Q1FY27 with 36% profit growth and healthy asset quality improvement, while planning aggressive international fundraising of $4.2 billion. The RBI penalty is negligible at Rs 4.27 lakh with no material impact. The MCLR hike and growth targets suggest management confidence in sustaining momentum through FY27, with the trend clearly improving.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
14,442
15,062
15,319
16,250
17,046
17,466
18,317
18,479
18,467
18,521
19,052
19,573
20,097
Expenses
4,579
4,546
4,190
6,041
5,269
5,456
4,485
6,050
5,399
4,849
5,201
5,989
5,390
Financing Profit
1,396
1,260
1,337
-33
1,084
607
1,666
97
747
1,142
1,346
800
1,551
Fin. Margin %
10%
8%
9%
0%
6%
3%
9%
1%
4%
6%
7%
4%
8%
Other Income
1,484
1,717
1,202
1,830
1,338
2,532
1,780
3,455
1,692
2,218
2,327
3,280
2,615
Interest
8,467
9,256
9,792
10,242
10,693
11,403
12,166
12,333
12,321
12,530
12,504
12,785
13,156
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
2,880
2,977
2,539
1,797
2,422
3,138
3,447
3,551
2,439
3,361
3,674
4,079
4,167
Tax %
48%
50%
25%
17%
28%
24%
26%
25%
28%
25%
25%
25%
25%
Net Profit
1,562
1,499
1,931
1,574
1,890
2,422
2,638
2,602
1,831
2,576
2,814
3,089
3,304
EPS in Rs
3.81
3.65
4.24
3.46
4.15
5.32
5.79
5.72
4.02
5.66
6.18
6.78
7.25
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
43,685
42,093
39,585
38,313
41,005
42,591
40,854
38,281
47,932
61,073
71,308
75,613
77,244
Expenses
13,600
19,842
21,218
24,618
26,874
26,386
17,672
16,263
21,177
18,848
20,656
20,708
21,429
Financing Profit
-2,135
-7,994
-9,239
-13,984
-13,076
-10,987
-3,239
-2,065
-686
4,469
4,057
4,766
4,840
Fin. Margin %
-5%
-19%
-23%
-36%
-32%
-26%
-8%
-5%
-1%
7%
6%
6%
6%
Other Income
4,278
3,672
6,819
5,846
4,862
6,687
6,778
8,092
7,168
6,415
9,317
9,737
10,441
Interest
32,220
30,245
27,606
27,679
27,207
27,191
26,421
24,083
27,441
37,757
46,594
50,139
50,975
Depreciation
291
290
-7
522
373
392
380
372
427
509
604
731
0
PBT
1,852
-4,612
-2,412
-8,660
-8,587
-4,692
3,160
5,655
6,056
10,375
12,771
13,773
15,281
Tax %
6%
37%
-34%
-30%
-37%
-35%
34%
38%
37%
37%
25%
25%
Net Profit
2,015
-6,276
-1,492
-5,982
-5,426
-3,051
2,081
3,487
3,839
6,567
9,552
10,309
11,783
EPS in Rs
30.27
-75.98
-13.94
-34.2
-19.67
-9.31
6.36
8.51
9.35
14.42
20.97
22.64
25.87
Div. Payout %
17%
0%
0%
0%
0%
0%
0%
24%
21%
19%
19%
21%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
666
817
1,055
1,744
2,760
3,278
3,278
4,104
4,104
4,553
4,553
4,553
Reserves
31,857
32,528
32,574
35,013
44,892
41,795
46,703
52,418
56,329
66,028
76,172
85,405
Borrowing
37,649
51,103
39,491
43,598
44,265
39,752
32,464
26,821
65,015
80,960
1,23,869
1,18,626
Deposits
5,36,932
5,15,722
5,42,352
5,22,997
5,22,555
5,57,386
6,29,098
6,29,981
6,72,194
7,40,611
8,19,806
9,30,973
Other Liabilities
18,046
16,457
16,553
11,833
16,409
20,805
21,244
29,807
28,393
32,127
32,024
39,980
Total Liabilities
6,25,150
6,16,628
6,32,026
6,15,184
6,30,881
6,63,017
7,32,786
7,43,131
8,26,036
9,24,280
10,56,425
11,79,538
Fixed Assets
5,802
8,382
8,349
8,192
8,799
8,765
8,637
9,570
9,950
10,178
11,865
11,670
CWIP
113
191
197
158
200
293
364
286
110
150
182
207
Investments
1,23,196
1,22,621
1,30,751
1,40,321
1,50,905
1,62,323
1,91,693
1,80,274
2,11,324
2,34,592
2,68,002
2,79,084
Other Assets
4,96,040
4,85,435
4,92,729
4,66,513
4,70,977
4,91,636
5,32,092
5,53,001
6,04,652
6,79,361
7,76,376
8,88,577
Total Assets
6,25,150
6,16,628
6,32,026
6,15,184
6,30,881
6,63,017
7,32,786
7,43,131
8,26,036
9,24,280
10,56,425
11,79,538
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
14,638
18,311
-6,624
-7,366
-9,218
-4,827
37,868
-35,487
-7,045
-4,437
18,534
4,753
Investing
-755
-609
-371
-260
71
-232
-182
-644
-521
-991
-854
-329
Financing
1,295
4,864
3,955
7,185
7,983
-3,192
2,398
1,146
541
3,868
34
-5,672
Net Cash Flow
15,179
22,566
-3,040
-440
-1,164
-8,251
40,085
-34,985
-7,026
-1,560
17,714
-1,248
Free Cash Flow
14,066
17,814
-6,910
-7,620
-9,090
-5,184
37,538
-36,035
-7,569
-5,264
17,861
3,907
CFO/OP
52
84
-42
-43
-41
-24
160
-159
-28
-13
37
9
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
6%
-19%
-4%
-17%
-14%
-7%
4%
6%
6%
10%
12%
12%

Shareholding Pattern

As of Jun 2026
Promoters 73.38%
DIIs 13.96%
FIIs 6.87%
Public 4.64%
Others 1.14%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
89.10%
90.34%
81.41%
81.41%
81.41%
81.41%
81.41%
81.41%
81.41%
81.41%
81.41%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
73.38%
FIIs
0.14%
0.15%
0.00%
0.00%
0.22%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.52%
3.61%
3.21%
2.92%
3.89%
3.53%
4.24%
5.82%
7.26%
6.87%
DIIs
4.98%
4.48%
11.61%
11.08%
10.84%
10.93%
10.83%
10.56%
10.35%
9.90%
9.55%
14.28%
15.82%
15.46%
16.26%
16.41%
15.90%
15.97%
15.63%
15.18%
13.96%
13.96%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
4.67%
4.18%
4.98%
5.68%
5.92%
5.90%
5.82%
4.69%
4.67%
5.51%
5.30%
6.00%
5.41%
6.60%
6.31%
6.38%
5.99%
6.27%
5.92%
4.92%
4.52%
4.64%
Others
1.12%
0.85%
1.99%
1.83%
1.60%
1.76%
1.93%
3.33%
3.56%
3.18%
3.74%
6.33%
0.87%
0.96%
0.84%
0.91%
0.84%
0.85%
0.83%
0.70%
0.87%
1.14%
No. of Shareholders
4,10,305
4,15,354
4,20,818
4,98,573
5,12,552
5,09,583
4,98,740
4,71,483
4,77,568
4,97,910
5,16,202
5,26,675
6,17,238
7,05,599
6,92,229
7,13,027
7,26,167
7,15,785
6,95,996
6,38,639
6,26,189
5,95,832

Documents

Frequently Asked Questions about Bank of India

What does Bank of India do?
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 ...
Where is Bank of India (BANKINDIA) listed?
Bank of India is listed on the Indian stock exchanges. It is listed on NSE: BANKINDIA and BSE: 532149. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Bank of India belong to?
Bank of India operates in the Banks sector within the Public Sector Bank industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Bank of India?
Bank of India has a market capitalisation of approximately ₹64911.94 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Bank of India?
The Price-to-Earnings (PE) ratio of Bank of India is 5.60. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Bank of India?
Over the past 52 weeks, Bank of India has traded between a low of ₹109.3 and a high of ₹178.36. This range helps investors understand the stock's price volatility and recent trading levels.
Does Bank of India pay dividends?
Yes, Bank of India has a dividend yield of 3.26%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Bank of India?
Bank of India has a Return on Equity (ROE) of 11.44%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Bank of India on Tapetide?
On Tapetide, you can view Bank of India's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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 )

CEO Mr. Rajneesh Karnatak
Employees 50,564
Listed 1997-04-30
Face Value ₹ 10
Issued Size 4,55,26,67,866

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