Central Bank of India logo

Central Bank of India

CENTRALBK NSE

Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.[1]

AI Verdict: HOLD Confidence: 5%

Central Bank of India trades at an attractive P/E of 6.6x and P/B of 0.85x with strong 5-year profit CAGR of 46%, but weak sales growth of 10% over 5 years, massive contingent liabilities of Rs.1,51,986 Cr, and negative 10-year stock CAGR of -11% warrant caution despite the deep value metrics.

Key Fundamentals

SmallcapPublic Sector BankBanks
Market Cap
₹29,544 Cr
Volatility
Moderate
P/E Ratio
6.44
EBITDA
₹0.00 Cr
Return on Equity
8.25%
Debt to Equity
0
Book Value
₹38.76
EPS
₹3.59
52W High
₹40.92
52W Low
₹29.32

Technical Indicators

Key Insights

Strengths

3
  • Stock is trading at 0.75 times its book value
  • Stock is providing a good dividend yield of 3.69%.
  • Company has delivered good profit growth of 45.7% CAGR over last 5 years

Weaknesses

5
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.64% over past five years.
  • Company has a low return on equity of 10.8% over last 3 years.
  • Contingent liabilities of Rs.1,51,986 Cr.
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
-8.82% ↘
Net Income Growth
13.70% ↗
Cash Flow Change
58.38% ↗
ROE
29.33% ↗
ROCE
5.27% ↗
EBITDA Margin (Avg.)
-18.91% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
HOLD
Risk high

Central Bank of India trades at an attractive P/E of 6.6x and P/B of 0.85x with strong 5-year profit CAGR of 46%, but weak sales growth of 10% over 5 years, massive contingent liabilities of Rs.1,51,986 Cr, and negative 10-year stock CAGR of -11% warrant caution despite the deep value metrics.

Bull Case 8
  • Stock trades at P/E of just 6.6x, significantly below banking sector average of 12-15x, indicating deep value
  • Price-to-book ratio of 0.85x means stock is available below its book value, offering margin of safety
  • Compounded profit growth of 46% CAGR over 5 years demonstrates strong earnings recovery
  • Dividend yield of 3.63% provides meaningful income return in current rate environment
  • ROE has improved from -1% over 10 years to 12% in the last year, showing turnaround in profitability
  • TTM profit growth of 13% shows continued earnings momentum even on a higher base
  • 3-year compounded sales growth of 12% indicates improving loan book expansion
  • Market cap of Rs.29,915 Cr provides reasonable liquidity for institutional participation
Bear Case 8
  • Contingent liabilities of Rs.1,51,986 Cr are over 5x the market cap of Rs.29,915 Cr, posing significant tail risk
  • 10-year stock CAGR of -11% shows persistent long-term wealth destruction for shareholders
  • Low interest coverage ratio indicates vulnerability to asset quality stress and NPA cycles
  • Poor 5-year sales growth of only 10% CAGR reflects inability to grow loan book competitively
  • 3-year ROE of only 11% is below cost of equity for a PSU bank with elevated risk profile
  • 1-year stock return of -12% indicates market is losing confidence in the re-rating story
  • 10-year sales CAGR of just 3% reveals structural inability to grow revenue meaningfully over a full cycle
  • Company might be capitalizing interest cost, which could be flattering reported profitability

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

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Positives 1
  • Strong FY26 dividend payout May 29

    Central Bank of India paid a 4th interim dividend of ₹484.82 crore to the Government of India, bringing total FY26 dividend payout to ₹969.64 crore.

Neutral 3
  • New Government Nominee Director appointed Jun 20

    Chandradeep Kumar Jha appointed as Government Nominee Director effective June 19, 2026, replacing Baldeo Purushartha.

  • Senior executive promotions Jun 4

    Three senior executives promoted effective June 1, 2026, including Ajay Khanna as Chief General Manager.

  • CFO retires on superannuation May 31

    CFO and GM retired on May 31, 2026 due to superannuation, creating a leadership vacancy in the finance function.

TL;DR: Central Bank of India shows shareholder-friendly capital allocation with a substantial ₹969.64 crore total dividend for FY26, signaling healthy profitability. There are no material headwinds in recent news flow. Leadership changes — a new nominee director, promotions, and a CFO retirement — are routine governance events. The near-term outlook hinges on whether the bank maintains earnings momentum and smoothly fills the CFO vacancy.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
7,171
7,259
7,377
7,842
8,371
8,367
8,235
8,542
8,653
8,623
8,777
9,070
9,698
Expenses
4,043
3,118
3,534
3,377
3,561
3,920
3,500
3,373
3,968
3,395
3,328
3,853
3,573
Financing Profit
-514
79
-495
-207
-1
-354
-71
185
-553
6
-28
-335
448
Fin. Margin %
-7%
1%
-7%
-3%
0%
-4%
-1%
2%
-6%
0%
0%
-4%
5%
Other Income
1,424
959
1,062
1,329
1,363
1,166
1,649
1,232
1,723
1,872
1,507
1,927
1,161
Interest
3,643
4,062
4,338
4,672
4,811
4,801
4,807
4,984
5,238
5,222
5,476
5,552
5,677
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
910
1,038
567
1,122
1,363
812
1,578
1,418
1,171
1,878
1,479
1,592
1,609
Tax %
37%
59%
-7%
35%
40%
-9%
42%
32%
11%
33%
18%
21%
54%
Net Profit
592
498
623
738
817
945
926
966
1,106
1,284
1,234
1,265
748
EPS in Rs
0.68
0.57
0.72
0.85
0.94
1.09
1.06
1.11
1.22
1.42
1.36
1.4
0.82
Gross NPA %
8.41%
4.95%
4.61%
4.5%
4.5%
4.54%
4.59%
3.87%
3.18%
3.14%
3.02%
2.71%
2.67%
Net NPA %
1.77%
1.75%
1.64%
1.28%
1.24%
0.75%
0.7%
0.61%
0.56%
0.5%
0.49%
0.46%
0.5%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
26,476
25,988
24,775
24,163
22,749
23,676
22,830
22,903
25,657
30,849
33,797
36,168
Expenses
8,620
11,529
12,744
14,015
14,580
12,135
12,419
10,477
12,778
13,099
14,314
14,098
Financing Profit
-1,344
-4,430
-6,136
-7,455
-7,766
-4,464
-4,133
-934
-1,026
-133
-346
143
Fin. Margin %
-5%
-17%
-25%
-31%
-34%
-19%
-18%
-4%
-4%
0%
-1%
0%
Other Income
1,900
2,019
2,871
2,620
2,416
3,622
2,994
2,986
4,164
4,814
5,996
6,415
Interest
19,200
18,889
18,166
17,603
15,935
16,005
14,543
13,361
13,905
17,882
19,830
21,926
Depreciation
230
240
258
260
278
285
293
297
386
500
558
0
PBT
327
-2,651
-3,523
-5,096
-5,628
-1,127
-1,431
1,755
2,752
4,181
5,092
6,559
Tax %
-89%
-47%
-31%
0%
0%
0%
-30%
38%
39%
36%
23%
32%
Net Profit
670
-1,392
-2,457
-5,134
-5,611
-1,252
-995
1,083
1,688
2,677
3,943
4,531
EPS in Rs
4.02
-8.26
-12.93
-19.63
-13.88
-2.2
-1.7
1.24
1.93
3.07
4.35
5
Div. Payout %
12%
0%
0%
0%
0%
0%
0%
0%
0%
0%
4%
36%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1,658
1,690
1,902
2,618
4,047
5,710
5,876
8,681
8,681
8,681
9,051
9,051
Reserves
16,077
16,818
16,309
15,592
15,349
15,827
20,621
18,868
20,536
23,693
27,830
29,950
Borrowing
19,777
9,503
9,623
6,026
5,640
6,076
5,760
7,663
8,334
20,013
21,820
31,854
Deposits
2,62,263
2,66,686
2,97,309
2,95,354
3,00,311
3,14,201
3,30,328
3,43,165
3,59,775
3,85,541
4,13,271
4,68,444
Other Liabilities
12,991
11,924
9,551
7,759
6,538
15,337
7,390
8,915
9,754
9,844
8,485
11,780
Total Liabilities
3,12,766
3,06,621
3,34,695
3,27,349
3,31,885
3,57,151
3,69,974
3,87,292
4,07,080
4,47,772
4,80,457
5,51,079
Fixed Assets
2,843
4,369
4,300
4,353
4,320
4,346
5,142
4,964
4,786
5,345
5,214
5,126
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
89,921
89,087
92,277
1,02,769
1,25,453
1,42,526
1,48,518
1,40,775
1,36,569
1,44,010
1,41,652
1,57,607
Other Assets
2,20,001
2,13,165
2,38,118
2,20,227
2,02,112
2,10,279
2,16,315
2,41,553
2,65,725
2,98,416
3,33,591
3,88,346
Total Assets
3,12,766
3,06,621
3,34,695
3,27,349
3,31,885
3,57,151
3,69,974
3,87,292
4,07,080
4,47,772
4,80,457
5,51,079
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
2,274
281
61,871
-44,376
-14,510
1,726
-2,003
14,277
-8,786
-5,910
-2,460
2,804
Investing
-332
-149
-189
-310
-251
-315
-202
-133
-209
-584
-451
-454
Financing
510
599
1,543
5,154
6,796
3,396
5,055
0
0
0
1,500
-713
Net Cash Flow
2,452
732
63,225
-39,533
-7,965
4,807
2,849
14,143
-8,995
-6,494
-1,410
1,637
Free Cash Flow
1,989
132
61,682
-44,687
-14,761
1,411
-2,206
14,143
-8,995
-6,494
-2,910
2,350
CFO/OP
18
9
514
-434
-180
16
-19
115
-68
-32
-17
13
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
4%
-8%
-13%
-28%
-30%
-6%
-4%
4%
6%
9%
11%
12%

Shareholding Pattern

As of May 2026
Promoters 81.19%
DIIs 10.81%
Public 6.09%
Others 1.07%
FIIs 0.84%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026May 2026
Promoters
89.78%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
93.08%
89.27%
89.27%
89.27%
89.27%
89.27%
81.19%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.07%
0.17%
0.16%
0.34%
0.44%
1.27%
0.96%
0.87%
0.84%
0.75%
0.84%
DIIs
4.25%
2.74%
2.74%
2.75%
2.76%
2.80%
2.84%
2.89%
2.87%
2.84%
2.85%
2.80%
2.80%
2.81%
2.82%
2.83%
5.87%
5.07%
4.87%
4.83%
4.82%
10.81%
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
5.30%
3.37%
3.53%
3.59%
3.58%
3.59%
3.55%
3.40%
3.48%
3.55%
3.47%
3.57%
3.59%
3.61%
3.48%
3.38%
3.21%
4.27%
4.57%
4.63%
4.70%
6.09%
Others
0.66%
0.80%
0.64%
0.58%
0.58%
0.53%
0.53%
0.63%
0.57%
0.53%
0.60%
0.47%
0.36%
0.33%
0.28%
0.27%
0.38%
0.43%
0.41%
0.42%
0.46%
1.07%
No. of Shareholders
0
3,31,719
3,56,923
3,59,676
3,68,223
3,68,939
3,70,074
3,76,992
4,15,868
4,15,792
4,34,384
5,03,897
5,29,591
6,43,550
6,85,394
6,67,435
6,71,006
6,79,352
7,18,928
7,21,272
7,19,939
7,14,547

Documents

Frequently Asked Questions about Central Bank of India

What does Central Bank of India do?
Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.[1]
Where is Central Bank of India (CENTRALBK) listed?
Central Bank of India is listed on the Indian stock exchanges. It is listed on NSE: CENTRALBK and BSE: 532885. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Central Bank of India belong to?
Central Bank of India operates in the Financial Services sector within the Banks industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Central Bank of India?
Central Bank of India has a market capitalisation of approximately ₹29543.77 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Central Bank of India?
The Price-to-Earnings (PE) ratio of Central Bank of India is 6.44. 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 Central Bank of India?
Over the past 52 weeks, Central Bank of India has traded between a low of ₹29.32 and a high of ₹40.92. This range helps investors understand the stock's price volatility and recent trading levels.
Does Central Bank of India pay dividends?
Yes, Central Bank of India has a dividend yield of 3.69%. 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 Central Bank of India?
Central Bank of India has a Return on Equity (ROE) of 8.25%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Central Bank of India on Tapetide?
On Tapetide, you can view Central 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

Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.[1]

Website centralbankofindia.co.in
CEO Mr. Malladi Venkat Murali Krishna
Employees 33,081
Listed 2007-08-21
Face Value ₹ 10
Issued Size 9,05,14,01,274

Explore More

More in Financial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List