Banks
Valuation | |
|---|---|
| Market Cap | 1.58 LCr |
| Price/Earnings (Trailing) | 6.19 |
| Price/Sales (Trailing) | 1.02 |
| EV/EBITDA | 1.48 |
| Price/Free Cashflow | 3.94 |
| MarketCap/EBT | 6.14 |
| Enterprise Value | 1.58 LCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 4.1% |
| Price Change 1M | 4.3% |
| Price Change 6M | 27.7% |
| Price Change 1Y | 33.8% |
| 3Y Cumulative Return | 18.5% |
| 5Y Cumulative Return | 35.8% |
| 7Y Cumulative Return | 13.7% |
| 10Y Cumulative Return | 8.1% |
| Revenue (TTM) |
| 1.54 LCr |
| Rev. Growth (Yr) | -2.6% |
| Earnings (TTM) | 18.85 kCr |
| Earnings Growth (Yr) | -7.1% |
Profitability | |
|---|---|
| Operating Margin | 23% |
| EBT Margin | 17% |
| Return on Equity | 0.98% |
| Return on Assets | 0.98% |
| Free Cashflow Yield | 25.35% |
| Cash Flow from Investing (TTM) | -6.49 kCr |
| Cash Flow from Operations (TTM) | 34.89 kCr |
| Cash Flow from Financing (TTM) | 3.79 kCr |
| Free Cash Flow (TTM) | 34.89 kCr |
| Free Cash Flow/Share (TTM) | 67.47 |
Balance Sheet | |
|---|---|
| Total Assets | 19.14 LCr |
| Shareholder Equity | 19.14 LCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.68 |
| Interest/Cashflow Ops | 1.44 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 8.35 |
| Dividend Yield | 2.84% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Size: It is among the top 200 market size companies of india.
Momentum: Stock price has a strong positive momentum. Stock is up 4.3% in last 30 days.
Profitability: Recent profitability of 12% is a good sign.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Dividend: Dividend paying stock. Dividend yield of 2.84%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: In past three years, the stock has provided 18.5% return compared to 13.6% by NIFTY 50.
No major cons observed.
Size: It is among the top 200 market size companies of india.
Momentum: Stock price has a strong positive momentum. Stock is up 4.3% in last 30 days.
Profitability: Recent profitability of 12% is a good sign.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Dividend: Dividend paying stock. Dividend yield of 2.84%.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: In past three years, the stock has provided 18.5% return compared to 13.6% by NIFTY 50.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 2.84% |
| Dividend/Share (TTM) | 8.35 |
| Shares Dilution (1Y) | 0.00% |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 77.85 |
| RSI (5d) | 100 |
| RSI (21d) | 65.15 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Updated Aug 12, 2025
Bank of Baroda has shown a rebound from its support zone after a decline, indicating potential bullish momentum.
The stock has broken a sloping trendline with decent volume, suggesting further upward movement is possible.
Overall, the sentiment around Bank of Baroda is optimistic.
Summary of Bank Of Baroda's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management's outlook for Bank of Baroda indicates a sustainable and stable business model with a focus on organic growth. Key highlights include:
Advances Growth: The bank reported a global advances growth of 12.6% year over year (YoY), with domestic advances at 12.4% and international at 13.6%. The retail segment grew robustly at 17.5%. RAM (Retail, Agriculture, MSME) advances increased by 18%.
Profitability Metrics: For Q1 FY26, the operating profit reached Rs.8,236 crores, reflecting a 15% YoY growth, while net profit stood at Rs.4,541 crores, marking a 1.9% YoY increase. The return on assets (ROA) and return on equity (ROE) remained strong at 1.03% and 15.05%, respectively.
Margins and Deposits: The net interest margin (NIM) was reported at 2.91%. The cost of deposits reduced to 5.05% from 5.12%. Total deposits grew by 9.1%, with international deposits up 14.8% and domestic deposits up 8.1%.
Asset Quality: The Asset quality remains robust, with gross non-performing assets (GNPA) improving by 60 bps YoY to 2.28% and net NPA at 0.6%. The provision coverage ratio stood at 93.18%.
Capital Position: The bank maintains a strong capital position with a common equity tier-1 (CET-1) ratio of 14.12% and a total capital adequacy ratio (CRAR) of 17.61%.
Forward-Looking Guidance: Management maintains an advance growth guidance of 11-13% and deposit growth guidance of 9-11% for FY26. The expectation for corporate loan growth is set at 9-10% for the full year. There is also a focus on increasing the RAM book percentage to 64-65% over the next few years.
Concerns and Market Conditions: There are challenges in the corporate lending space due to corporates opting for cheaper bond market financing, leading to a lower growth of corporate loans at 4.2% YoY. The bank is also focusing on improving liability management to enhance CASA ratios.
Overall, Bank of Baroda appears to be on a path of careful growth management, balancing risk while exploring opportunities in retail and MSME sectors amidst a competitive landscape.
Understand Bank Of Baroda ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| President of India | 63.97% |
| LIC ULIP GROWTH FUND | 6.64% |
| HDFC TRUSTEE COMPANY LIMITED HDFC FLEXI CAP FUND | 2.85% |
| SBI ARBITRAGE OPPORTUNITIES FUND | 1.82% |
| KOTAK EQUITY SAVINGS FUND | 1.37% |
| NPS TRUST LIC PENSION FUND UPS CG SCHEME | 1.12% |
Detailed comparison of Bank Of Baroda against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| SBIN | State Bank Of India | 9.41 LCr | 6.9 LCr | +4.90% | +31.20% | 9.3 | 1.36 | - | - |
| PNB | Punjab National Bank | 1.44 LCr | 1.47 LCr |
Comprehensive comparison against sector averages
BANKBARODA metrics compared to Banks
| Category | BANKBARODA | Banks |
|---|---|---|
| PE | 6.19 | 10.15 |
| PS | 1.03 | 1.24 |
| Growth | 4.4 % | 6.1 % |
Bank Of Baroda is a Public Sector Bank in India, trading under the stock ticker BANKBARODA. With a market capitalization of Rs. 130,602.7 Crores, the bank provides a wide range of banking products and services for individuals, government entities, and corporate clients both domestically and internationally.
The bank operates through several segments, including:
Bank Of Baroda offers various accounts such as savings, salary, and current accounts, alongside term deposits. Its lending services include:
In addition to traditional banking services, Bank Of Baroda provides insurance products (life, general, and health), merchant payment solutions, investment products, digital payment solutions, and various types of banking cards (debit, prepaid, and credit).
Incorporated in 1908 and headquartered in Vadodara, India, the company has reported a trailing twelve months revenue of Rs. 150,599 Crores and a profitable performance, with a profit of Rs. 20,168.3 Crores recorded in the last four quarters. Over the past three years, Bank Of Baroda has experienced a substantial revenue growth of 68.9%.
For its investors, the bank distributes dividends, boasting a dividend yield of 6.04% per year, and returned Rs. 13.1 in dividends per share over the last year.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
BANKBARODA vs Banks (2021 - 2026)
General • 04 Jan 2026 Provisional Business Figures Q3 31-12-2025 |
Credit Rating • 02 Jan 2026 Credit Rating - CRISIL Ratings Limited |
General • 19 Dec 2025 Disclosure Under Regulation 30 of SEBI (LODR) |
General • 11 Dec 2025 Group Investor Conference Intimation |
General • 11 Dec 2025 Subscription of Shares of Indian Digital Payment Intelligence Corporation (IDPIC) |
General • 10 Dec 2025 Disclosure under Regulation 30 of the SEBI (LODR) Regulations , 2015 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Question 1: You alluded to the lower corporate growth. On a quarterly basis, there has been a degrowth. What is happening?
Answer: The lower corporate growth is attributed to two factors: a seasonal effect, as seen similarly last year, and corporates with strong cash flow positions are deleveraging. Furthermore, the bond market offers cheaper borrowing options, reducing reliance on bank loans. Nonetheless, we expect a full-year corporate growth of 9% to 10% based on comparisons with last year.
Question 2: Can you provide more details on the international account that slipped into NPA?
Answer: The account was restructured during the COVID period and subsequently upgraded due to good conduct. However, it showed signs of weakness. Currently, it is in a resolution process called CNC, with a 40% provision booked. We remain hopeful for full recovery as the asset coverage is robust.
Question 3: What are the recovery targets for FY26 and your guidance on credit and deposits?
Answer: We maintain our guidance of 11% to 13% for advances and 9% to 11% for deposits. For recoveries, our target exceeds Rs.10,000 crores for the year, even with a reduced recovery kitty.
Question 4: What impact have the repo rate cuts had on your NIM and profitability?
Answer: NIM is under pressure and stands at 2.91%. The cuts have been passed on quickly to EBLR-linked loans but take longer for MCLR. We expect a recovery in margins in Q3 as deposit repricing occurs, targeting a full-year NIM guidance of 2.85% to 3%.
Question 5: What is your strategy to enhance fee income, which is currently low?
Answer: We are focusing on cash management services, especially in the MSME segment, where we have seen some success. Plans are in place for improved fee structures and to enhance overall fee income performance in upcoming quarters.
Question 6: What is your stance on the MSME segment, considering the growth and potential slippages?
Answer: Our MSME growth was 13.1% YoY, leveraging cash management systems and focusing on key sectors like CV & CME. While some legacy accounts may slip, we are primarily engaged in secured lending, mitigating risk in this area.
Question 7: What is the current status of your digital transformation and how is it impacting costs?
Answer: We are investing around 10% of operating profit in digital initiatives. The hiring plan includes 15,000 employees this year to support operational and relationship roles as we expand our branch network.
Question 8: What are the expectations for your international book, given the recent challenges?
Answer: We monitor our international accounts closely and currently see no significant stress beyond the identified account in CNC. We aim for further improvements in the international portfolio, targeting stronger asset performance.
This summary encapsulates major questions and succinct responses from the recent Bank of Baroda earnings call while maintaining key financial metrics and forward guidance.
Distribution across major stakeholders
Distribution across major institutional holders
| +23.30% |
| 7.47 |
| 0.98 |
| - |
| - |
| CANBK | Canara Bank | 1.4 LCr | 1.61 LCr | +3.50% | +58.10% | 5.99 | 0.87 | - | - |
| UNIONBANK | Union Bank of India | 1.27 LCr | 1.3 LCr | +8.10% | +44.50% | 6.24 | 0.97 | - | - |
| BANKINDIA | Bank of India | 68.59 kCr | 83.45 kCr | +5.30% | +50.90% | 5.61 | 0.82 | - | - |
| Employees cost | -5.6% | 4,412 | 4,672 | 4,733 | 4,521 | 4,352 | 4,304 |
| Other operating expenses | 10.3% | 5,338 | 4,840 | 5,410 | 4,636 | 4,631 | 4,133 |
| Operating expenses | 2.5% | 9,750 | 9,512 | 10,144 | 9,158 | 8,982 | 8,437 |
| Operating profit | -1.1% | 8,493 | 8,586 | 9,479 | 8,432 | 11,207 | 8,781 |
| Provisions other than tax and contingencies | -47.4% | 1,798 | 3,416 | 2,568 | 1,497 | 3,773 | 2,442 |
| Profit before tax | 29.5% | 6,695 | 5,170 | 6,911 | 6,935 | 7,434 | 6,340 |
| Tax expense | -10.6% | 1,625 | 1,818 | 1,604 | 1,818 | 1,979 | 1,759 |
| Profit after tax | 51.3% | 5,070 | 3,352 | 5,307 | 5,117 | 5,455 | 4,580 |
| Net profit (loss) for the period | 51.3% | 5,070 | 3,352 | 5,307 | 5,117 | 5,455 | 4,580 |
| Profit (loss) of minority interest | -2.1% | 47 | 48 | 27 | 36 | 50 | 36 |
| Reserve excluding revaluation reserves | - | - | - | - | - | - | - |
| CET 1 ratio | -1.1% | 0.1388 | 0.1484 | 0.1428 | 0.1286 | 0.1317 | 0.1357 |
| Additional tier 1 ratio | -0.3% | 077 | 0.0102 | 099 | 0.0104 | 0.0147 | 0.0151 |
| Gross non performing assets | 0.1% | 27,600 | 27,572 | 0 | 0 | 28,551 | 0 |
| Non performing assets | -0.2% | 7,141 | 7,158 | 0 | 0 | 6,764 | 0 |
| Return on assets | 0% | 0.0107 | 0.0103 | 0 | 0.0119 | 0 | 0 |
| Other income |
| 14.8% |
| 16,647 |
| 14,495 |
| 10,026 |
| 11,484 |
| 12,364 |
| 10,317 |
| Total income | 8.6% | 138,089 | 127,101 | 99,614 | 81,365 | 82,860 | 86,301 |
| Total expenditure | 9.9% | 105,654 | 96,136 | 72,751 | 58,976 | 62,230 | 66,610 |
| Interest expended | 11.6% | 75,783 | 67,884 | 48,233 | 37,259 | 41,686 | 48,532 |
| Employees cost | 5% | 16,608 | 15,816 | 13,353 | 11,979 | 11,446 | 8,770 |
| Other operating expenses | 6.7% | 13,264 | 12,436 | 11,166 | 9,738 | 9,098 | 9,308 |
| Operating expenses | 5.7% | 29,871 | 28,252 | 24,518 | 21,716 | 20,544 | 18,077 |
| Operating profit | 4.7% | 32,435 | 30,965 | 26,864 | 22,389 | 20,630 | 19,691 |
| Provisions other than tax and contingencies | -1.6% | 5,980 | 6,076 | 7,137 | 13,002 | 15,074 | 21,494 |
| Profit before tax | 6.3% | 26,454 | 24,890 | 19,727 | 9,386 | 5,556 | -1,802.11 |
| Tax expense | -3.2% | 6,873 | 7,101 | 5,617 | 2,114 | 4,727 | -2,348.29 |
| Profit after tax | 10.1% | 19,581 | 17,789 | 14,110 | 7,272 | 829 | 546 |
| Net profit (loss) for the period | 10.1% | 19,581 | 17,789 | 14,110 | 7,272 | 829 | 546 |
| Reserve excluding revaluation reserves | - | 126,420 | - | - | - | - | - |
| CET 1 ratio | 1.4% | 0.1378 | 0.1254 | 0.1224 | 0.1174 | 0.1094 | 0.0944 |
| Additional tier 1 ratio | -0.5% | 0.0101 | 0.0153 | 0.0175 | 0.0175 | 0.0173 | 0.0127 |
| Gross non performing assets | -12.6% | 27,835 | 31,834 | 36,764 | 54,059 | 66,671 | 69,381 |
| Non performing assets | -3% | 6,994 | 7,213 | 8,384 | 13,365 | 21,800 | 21,577 |
| Return on assets | 0% | 0.0116 | 0.0117 | 0.0103 | 06 | 007 | 006 |
| Deposits |
| 1.9% |
| 1,500,011 |
| 1,472,035 |
| 1,363,486 |
| 1,326,958 |
| 1,249,647 |
| 1,203,688 |
| Borrowings | 8.3% | 133,935 | 123,716 | 106,082 | 94,402 | 119,283 | 101,910 |
| Other liabilities and provisions | -6.4% | 45,457 | 48,571 | 52,735 | 52,213 | 47,890 | 54,740 |
| 209% |
| 19,133 |
| -17,558.78 |
| 336 |
| 36,413 |
| - |
| - |
| Adjustments for Provisions | 207.3% | 3,504 | -3,263.05 | 11,075 | 1,742 | - | - |
| Total adj. for working capital | 101.9% | 606 | -31,761.94 | -44,752.18 | -17,272.42 | - | - |
| Net Cashflows From Operations | 1398% | 37,271 | 2,489 | -14,009.42 | 8,271 | - | - |
| Income taxes paid (refund) | 16.4% | 9,251 | 7,946 | 5,367 | 742 | - | - |
| Net Cashflows From Operating Activities | 613.4% | 28,020 | -5,457 | -19,376.28 | 7,529 | - | - |
| Proceeds from sales of tangible assets | 74.9% | 384 | 220 | 174 | 113 | - | - |
| Purchase of tangible assets | 10.2% | 1,145 | 1,039 | 903 | 3,405 | - | - |
| Dividends received | 4.2% | 248 | 238 | 0 | 189 | - | - |
| Net Cashflows From Investing Activities | -48.7% | -854.83 | -574.5 | -1,850.27 | -3,966.98 | - | - |
| Proceeds from issuing debt etc | 1.3% | 10,181 | 10,051 | -2,324.3 | 639 | - | - |
| Dividends paid | 38.2% | 3,930 | 2,844 | 1,466 | 0 | - | - |
| Interest paid | 53.5% | 2,691 | 1,754 | 1,935 | 1,958 | - | - |
| Net Cashflows From Financing Activities | -34.7% | 3,560 | 5,452 | -5,725.21 | -1,319.36 | - | - |
| Net change in cash and cash eq. | 5396.2% | 30,725 | -579.11 | -26,951.76 | 2,242 | - | - |
Newspaper Publication • 02 Dec 2025 Newspaper Publication |
Analysis of Bank Of Baroda's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Retail Banking - (ii) Other Retail Banking | 38.7% | 15.5 kCr |
| Wholesale Banking | 31.6% | 12.6 kCr |
| Treasury Operations | 21.4% | 8.6 kCr |
| Other Banking Operations | 8.3% | 3.3 kCr |
| Total | 40 kCr |