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Canara Bank

CANBK NSE

Key Fundamentals

LargecapPublic Sector BankBanks
Market Cap
1.2L Cr
Volatility
Moderate
P/E Ratio
5.88
EBITDA
₹25,606 Cr
Return on Equity
16.09%
Debt to Equity
0
Book Value
₹129.21
EPS
₹17.21
52W High
₹162.89
52W Low
₹103.55

Insights

Beta

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

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58 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

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Technical Indicators

Key Insights

Strengths

3
  • Stock is trading at 0.93 times its book value
  • Stock is providing a good dividend yield of 3.30%.
  • Company has been maintaining a healthy dividend payout of 20.4%

Weaknesses

4
  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.6,04,935 Cr.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 258 days to 423 days

Growth Rate

Revenue Growth
0.28% ↘
Net Income Growth
9.32% ↘
Cash Flow Change
-86.91% ↘
ROE
-1.05% ↘
ROCE
-1.15% ↘
EBITDA Margin (Avg.)
7.36% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

Canara Bank trades at a market cap of Rs.1,17,601 Cr with a PE of 5.9x and PB of 0.99x, reflecting a valuation at roughly book value. The bank has delivered strong 5-year profit CAGR of 44% and maintains a 3-year ROE of 17%, though revenue growth has slowed to 3% on a TTM basis and contingent liabilities remain elevated at Rs.6,04,935 Cr.

Bull Case 8
  • Trades at 0.95x book value, offering a margin of safety relative to peers in the PSU banking space
  • PE ratio of 5.9x is significantly below the broader market and many private bank peers, indicating undemanding earnings valuation
  • 5-year compounded profit growth of 44% demonstrates a sharp turnaround in profitability from earlier stressed-asset cycles
  • 3-year ROE of 17% and 5-year ROE of 16% indicate sustained improvement in return on equity capital
  • Dividend yield of 3.25% with a consistent payout ratio of 20.4% provides income support to shareholders
  • 10-year compounded sales growth of 11% shows reasonable long-term loan book expansion
  • Stock CAGR of 33% over 5 years reflects significant re-rating from prior distressed valuations
  • 3-year compounded sales growth of 14% indicates healthy topline momentum over the medium term
Bear Case 8
  • Contingent liabilities of Rs.6,04,935 Cr represent a massive off-balance-sheet risk relative to the bank's Rs.1,17,601 Cr market cap
  • TTM revenue growth has decelerated sharply to just 3% compared to 14% over 3 years, signaling potential margin or volume pressure
  • Low interest coverage ratio suggests vulnerability to funding cost increases or asset quality deterioration
  • Working capital days have increased significantly from 268 days to 432 days, indicating potential stress in asset-liability management
  • Company might be capitalizing interest cost, which could overstate reported profitability and asset quality
  • TTM profit growth has slowed to 7% versus 18% over 3 years, indicating decelerating earnings momentum
  • As a PSU bank, government ownership may limit capital allocation flexibility and introduce non-commercial lending priorities
  • 52-week high and low data unavailable limits visibility into recent price volatility and technical positioning

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

AI News Digest

Anthropic anthropic claude-opus-4.6 20h ago
Positives 2
  • Q1FY27 net profit up 2.4% Jul 27

    Standalone net profit rose to ₹4,855.82 crore (+2.4% YoY) while consolidated profit surged 62.2% to ₹5,180.71 crore. Gross NPA ratio improved to 1.57%.

  • Strong gold loan growth expected Jul 27

    Co Managing Director highlighted gold loans as a key strategic focus area, expecting strong growth in the portfolio going forward.

Neutral 3
  • MCLR hiked by 5bps Aug 11

    MCLR raised by 5bps across one-month to three-year tenors effective August 12, 2026. Overnight rates unchanged.

  • New GCCO appointed Aug 3

    Sujit Kumar Sahoo designated as Group Chief Compliance Officer for three years starting July 1, 2026, per SEBI LODR requirements.

  • Q1FY27 earnings call available Jul 27

    Audio and video recording of the Q1FY27 earnings conference call held on July 27, 2026 has been uploaded for analysts and investors.

TL;DR: Canara Bank delivered steady Q1FY27 results with modest standalone profit growth and strong consolidated profit expansion, supported by improving asset quality (GNPA at 1.57%). No material headwinds emerged in recent news. The MCLR hike signals stable margin management, and the gold loan focus could drive incremental growth. Overall trend remains stable to mildly positive.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
25,451
27,290
28,492
29,286
29,173
30,182
30,751
31,496
31,523
32,072
30,938
31,839
32,957
Expenses
10,990
10,859
12,001
13,198
12,010
12,066
10,752
12,124
13,141
13,251
4,002
8,870
10,391
Financing Profit
-1,876
-1,504
-2,129
-3,138
-2,371
-2,312
-1,165
-2,185
-3,610
-3,591
4,227
944
-172
Fin. Margin %
-7%
-6%
-7%
-11%
-8%
-8%
-4%
-7%
-11%
-11%
14%
3%
-1%
Other Income
6,809
6,602
7,138
8,098
7,793
7,824
6,679
8,761
8,086
9,942
2,152
4,700
6,739
Interest
16,337
17,934
18,620
19,226
19,534
20,427
21,163
21,556
21,992
22,412
22,709
22,024
22,737
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
4,933
5,098
5,009
4,960
5,422
5,513
5,515
6,576
4,475
6,351
6,379
5,644
6,567
Tax %
28%
28%
25%
24%
27%
26%
25%
22%
33%
23%
24%
22%
26%
Net Profit
3,755
3,829
3,827
3,991
4,098
4,227
4,256
5,111
3,233
4,896
5,174
4,575
5,182
EPS in Rs
4.12
4.19
4.18
4.36
4.48
4.62
4.65
5.59
3.52
5.35
5.79
5.04
5.71
Gross NPA %
5.16%
4.76%
4.39%
4.23%
4.14%
3.73%
3.34%
2.94%
2.69%
2.35%
2.08%
1.84%
1.57%
Net NPA %
1.57%
1.41%
1.32%
1.27%
1.24%
0.99%
0.89%
0.7%
0.63%
0.54%
0.45%
0.43%
0.36%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
43,813
44,039
41,457
41,345
47,951
49,759
70,253
70,614
85,885
1,10,519
1,21,601
1,26,371
1,27,805
Expenses
10,302
17,785
15,691
25,582
27,202
26,809
43,437
41,235
42,772
46,146
46,082
38,340
36,515
Financing Profit
-621
-8,008
-5,775
-13,350
-11,590
-12,867
-18,367
-13,657
-9,877
-7,745
-7,162
-1,106
1,408
Fin. Margin %
-1%
-18%
-14%
-32%
-24%
-26%
-26%
-19%
-12%
-7%
-6%
-1%
1%
Other Income
4,733
5,266
7,852
7,398
9,907
11,799
23,086
23,643
25,325
28,646
31,057
26,712
23,532
Interest
34,133
34,263
31,540
29,113
32,339
35,817
45,182
43,035
52,990
72,118
82,681
89,138
89,883
Depreciation
429
172
331
456
429
446
838
841
1,021
902
870
925
0
PBT
3,683
-2,914
1,746
-6,408
-2,111
-1,514
3,882
9,145
14,427
20,000
23,025
24,681
24,940
Tax %
22%
-13%
29%
-36%
-126%
34%
30%
37%
25%
26%
25%
23%
—
Net Profit
2,931
-2,535
1,411
-3,873
696
-1,921
2,957
6,158
11,345
15,401
17,692
19,712
19,828
EPS in Rs
10.96
-8.73
4.55
-10.78
1.6
-3.86
3.51
6.75
12.41
16.84
19.34
19.7
21.89
Div. Payout %
17%
0%
4%
0%
0%
0%
0%
19%
19%
19%
21%
21%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
475
543
597
733
753
1,030
1,647
1,814
1,814
1,814
1,814
1,814
Reserves
32,017
31,867
34,088
36,164
36,936
40,176
60,763
68,147
76,240
90,319
1,03,603
1,15,891
Borrowing
13,686
26,963
39,592
38,910
41,043
42,762
50,013
46,285
58,073
57,538
89,665
1,55,288
Deposits
4,85,802
4,79,749
4,95,266
5,24,847
5,99,123
6,25,408
10,10,985
10,86,341
11,79,086
13,12,242
14,56,495
15,68,333
Other Liabilities
26,578
24,603
26,615
30,781
33,928
32,064
56,132
56,202
65,816
73,104
80,950
45,999
Total Liabilities
5,58,558
5,63,725
5,96,159
6,31,435
7,11,783
7,41,440
11,79,540
12,58,789
13,81,030
15,35,018
17,32,527
18,87,325
Fixed Assets
6,969
7,206
7,185
8,335
8,433
8,323
11,269
11,447
10,334
12,184
10,302
10,595
CWIP
1
0
0
0
0
0
2
2
0
147
0
0
Investments
1,52,122
1,52,470
1,62,073
1,57,444
1,68,678
1,92,645
2,86,191
3,11,347
3,52,893
3,99,207
4,28,024
4,07,389
Other Assets
3,99,466
4,04,049
4,26,901
4,65,657
5,34,672
5,40,472
8,82,077
9,35,992
10,17,803
11,23,480
12,94,201
14,69,341
Total Assets
5,58,558
5,63,725
5,96,159
6,31,435
7,11,783
7,41,440
11,79,540
12,58,789
13,81,030
15,35,018
17,32,527
18,87,325
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
6,344
9,346
2,575
-11,120
18,237
-5,289
59,118
919
-39,978
15,046
60,669
7,942
Investing
-1,104
-443
-476
-487
-745
-445
-1,116
-1,429
-1,156
-1,750
-2,437
-2,707
Financing
-1,464
-806
124
2,865
-1,185
7,792
290
4,035
445
-3,834
-3,506
-4,795
Net Cash Flow
3,776
8,096
2,224
-8,743
16,307
2,059
58,291
3,525
-40,689
9,462
54,725
440
Free Cash Flow
5,530
8,976
2,195
-11,580
17,631
-5,627
58,195
98
-40,591
13,793
61,830
6,652
CFO/OP
24
41
17
-61
94
-30
226
17
-83
28
86
12
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
9%
-8%
4%
-11%
2%
-5%
6%
9%
15%
18%
18%
16%

Shareholding Pattern

As of Jun 2026
Promoters 62.93%
FIIs 12.68%
DIIs 11.91%
Public 11.00%
Others 1.47%
Total 99.99%
  Mar 2021Jun 2021Aug 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
69.33%
69.33%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
62.93%
FIIs
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%
10.57%
11.91%
11.25%
11.11%
10.55%
11.38%
11.90%
14.62%
14.24%
12.68%
DIIs
12.04%
11.78%
12.82%
13.58%
12.76%
12.54%
12.76%
14.32%
16.64%
15.39%
15.95%
14.94%
13.10%
14.38%
11.20%
11.65%
11.72%
11.85%
11.41%
12.24%
10.48%
10.90%
11.91%
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%
0.00%
Public
10.38%
11.23%
10.83%
11.70%
10.78%
10.62%
12.09%
11.20%
10.05%
10.33%
10.65%
10.45%
10.17%
10.66%
12.16%
12.66%
12.74%
13.24%
12.81%
11.58%
10.72%
10.61%
11.00%
Others
8.25%
7.66%
13.42%
11.79%
13.53%
13.90%
12.22%
11.54%
10.38%
11.34%
10.46%
11.67%
13.79%
1.45%
1.80%
1.51%
1.49%
1.42%
1.46%
1.34%
1.25%
1.31%
1.47%
No. of Shareholders
5,63,458
6,09,889
5,84,796
5,89,120
6,42,646
6,39,136
6,76,487
6,47,865
6,16,024
6,29,444
6,35,556
6,38,401
6,44,770
7,59,083
11,93,270
16,39,360
17,48,710
17,99,430
16,99,720
16,14,080
15,30,700
15,02,130
15,21,090

Documents

1
Concall - May 2018 May 2018
2
Concall - Oct 2018 Oct 2018
3
Concall - Jan 2019 Jan 2019
4
Concall - May 2019 May 2019
5
Concall - Jul 2019 Jul 2019

Frequently Asked Questions about Canara Bank

What does Canara Bank do?
Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, ...
Where is Canara Bank (CANBK) listed?
Canara Bank is listed on the Indian stock exchanges. It is listed on NSE: CANBK and BSE: 532483. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Canara Bank belong to?
Canara Bank 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 Canara Bank?
Canara Bank has a market capitalisation of approximately ₹115551.03 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Canara Bank?
The Price-to-Earnings (PE) ratio of Canara Bank is 5.88. 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 Canara Bank?
Over the past 52 weeks, Canara Bank has traded between a low of ₹103.55 and a high of ₹162.89. This range helps investors understand the stock's price volatility and recent trading levels.
Does Canara Bank pay dividends?
Yes, Canara Bank has a dividend yield of 3.30%. 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 Canara Bank?
Canara Bank has a Return on Equity (ROE) of 16.09%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Canara Bank on Tapetide?
On Tapetide, you can view Canara Bank'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

Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020.

Website canarabank.com
CEO Mr. Hardeep Singh Ahluwalia
Employees 81,260
Listed 2002-12-23
Face Value ₹ 2
Issued Size 9,07,06,51,260

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