Bank of Baroda Ltd
BANKBARODABank of Baroda Ltd
BANKBARODAPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
6.40 | 1.04 | 3.13% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.14 | 2.38 | 1.01% |
Forecast & Ratings
Detailed Forecast from 31 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
Peers
Compare with peersÂState Bank of India
Punjab National Bank
Indian Overseas Bank
Canara Bank Ltd
Union Bank of India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 51,791.17 | 52,410.23 | 54,048.63 | 60,793.30 | 91,086.03 | 89,567.63 | 87,780.19 | 1,10,777.98 | 1,41,778.71 | 1,47,950.49 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,20,618.12 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 5,201.05 | 4,888.66 | 4,901.58 | 5,434.12 | 9,279.24 | 11,993.38 | 12,643.83 | 14,347.40 | 16,966.69 | |||||||||||
Selling & Administrative Expenses | 2,412.70 | 2,640.62 | 2,989.35 | 3,337.94 | 4,687.49 | 4,855.84 | 4,859.92 | 5,521.67 | 6,037.29 | |||||||||||
Operating & Other expenses | 49,884.97 | 41,316.63 | 47,362.69 | 49,548.41 | 76,655.98 | 64,987.94 | 58,829.90 | 68,304.38 | 91,273.73 | |||||||||||
EBITDA | -5,707.55 | 3,564.32 | -1,204.99 | 2,472.83 | 463.32 | 7,730.47 | 11,446.54 | 22,604.53 | 27,501.00 | 27,332.37 | ||||||||||
Depreciation/Amortization | 525.11 | 539.97 | 900.69 | 948.25 | 1,697.23 | 1,357.31 | 1,438.24 | 2,039.98 | 1,701.65 | — | ||||||||||
PBIT | -6,232.66 | 3,024.35 | -2,105.68 | 1,524.58 | -1,233.91 | 6,373.16 | 10,008.30 | 20,564.55 | 25,799.35 | 27,332.37 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | -6,232.66 | 3,024.35 | -2,105.68 | 1,524.58 | -1,233.91 | 6,373.16 | 10,008.30 | 20,564.55 | 25,799.35 | 27,332.37 | ||||||||||
Taxes & Other Items | -1,164.98 | 1,209.36 | -218.57 | 424.49 | -2,161.66 | 4,825.50 | 2,158.61 | 5,659.34 | 7,031.97 | 7,672.56 | ||||||||||
Net Income | -5,067.68 | 1,814.99 | -1,887.11 | 1,100.09 | 927.75 | 1,547.66 | 7,849.69 | 14,905.21 | 18,767.38 | 19,659.81 | ||||||||||
EPS | -22.38 | 7.84 | -7.58 | 4.14 | 2.54 | 3.15 | 15.14 | 28.75 | 36.20 | 37.92 | ||||||||||
DPS | 0.00 | 1.20 | 0.00 | 0.00 | 0.00 | 0.00 | 2.85 | 5.50 | 7.60 | 7.60 | ||||||||||
Payout ratio | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.19 | 0.21 | 0.20 |
Company Updates
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Bank of Baroda Ltd | 6.70 | 1.04 | 3.13% |
State Bank of India | 10.76 | 1.68 | 1.69% |
Punjab National Bank | 12.69 | 1.04 | 1.43% |
Indian Overseas Bank | 34.97 | 3.38 | — |
Price Comparison
Compare BANKBARODA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.57%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Bank of Baroda Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8543% | Percentage of the fund’s portfolio invested in the stock 3.21% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/92 (-1) |
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6314% | Percentage of the fund’s portfolio invested in the stock 0.84% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/299 (+1) |
ICICI PRUDENTIAL EQUITY ARBITRAGE FUND - DIRECT PLAN - GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3314% | Percentage of the fund’s portfolio invested in the stock 1.67% | Change in the portfolio weight of the stock over the last 3 months 0.36% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/200 (+77) |
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 28, 2024
Dividend/Share
₹7.60
Ex DateEx Date
Jun 28, 2024
Cash Dividend
Ex DateEx DateJun 30, 2023
Dividend/Share
₹5.50
Ex DateEx Date
Jun 30, 2023
Cash Dividend
Ex DateEx DateJun 17, 2022
Dividend/Share
₹2.85
Ex DateEx Date
Jun 17, 2022
Cash Dividend
Ex DateEx DateJun 22, 2017
Dividend/Share
₹1.20
Ex DateEx Date
Jun 22, 2017
Cash Dividend
Ex DateEx DateJun 16, 2015
Dividend/Share
₹3.20
Ex DateEx Date
Jun 16, 2015
Profit before tax (PBT) jumped 21.88% YoY to Rs 7141.28 crore during the quarter. In Q2 FY25, operating profit before provisions and contingencies stood at Rs 9,477.01 crore in Q2 FY25, up 18.17% YoY. Net interest income (NII) increased 7.3% YoY to Rs 10,831 crore during the quarter. Net interest margin (NIM) stood at 3.10% in Q2 FY25 as against 3.07% in Q2 FY24. Total deposits rose 9.1% YoY to Rs 12,49,647 crore as on 30th September 2024. Domestic deposits stood at Rs 11,50,791 crore as on 30th September 2024 as against Rs 10,74,114 crore as on 30th September 2023. International deposits was at Rs 2,12,695 crore as on 30th September 2024 as compared with Rs 1,75,533 crore as on 30th September 2023. Domestic CASA deposits registered a growth of 7% YoY and stood at Rs 4,58,425 crore as of 30th September 2024. Domestic advances increased 12.5% to Rs 9,38, 883 crore in Q2 FY25 as compared with Rs 8,34,723 crore in Q2 FY24. The gross non-performing asset (GNPA) reduced by 15.95% YoY to Rs 28,551.20 crore as on 30 September 2024 as compared with Rs 33,968.47 crore as on 30 September 2023. Gross NPA ratio improved to 2.50% in Q2 FY25 from 3.32% in Q2 FY24. Net NPA ratio stood at 0.60% as on 30 September 2024 as against with Rs 0.76% as on 30 September 2023. CRAR of the Bank stood at 16.26% in September 2024. Tier-I stood at 14.18% (CET-1 at 12.67%, AT1 at 1.51 %) and Tier-II stood at 2.08% as of September 2024. Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,266 branches and 10,419 ATMs and Cash Recyclers supported by self-service channels. The Bank has a significant international presence with a network of 84 overseas offices spanning 17 countries. As of 30 September 2024, Government of India held 63.97% stake in the bank.Powered by Capital Market - Live
Net profit of Bank of Baroda rose 21.86% to Rs 5355.10 crore in the quarter ended September 2024 as against Rs 4394.31 crore during the previous quarter ended September 2023. Total Operating Income rose 8.97% to Rs 31886.92 crore in the quarter ended September 2024 as against Rs 29262.76 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income31886.9229262.76 9 OPM %60.0058.26 - PBDT7433.756022.77 23 PBT7433.756022.77 23 NP5355.104394.31 22 Powered by Capital Market - Live
Profit before tax (PBT) jumped 21.88% YoY to Rs 7141.28 crore during the quarter. In Q2 FY25, operating profit before provisions and contingencies stood at Rs 9,477.01 crore in Q2 FY25, up 18.17% YoY. Net interest income (NII) increased 7.3% YoY to Rs 10,831 crore during the quarter. Net interest margin (NIM) stood at 3.10% in Q2 FY25 as against 3.07% in Q2 FY24. Total deposits rose 9.1% YoY to Rs 12,49,647 crore as on 30th September 2024. Domestic deposits stood at Rs 11,50,791 crore as on 30th September 2024 as against Rs 10,74,114 crore as on 30th September 2023. International deposits was at Rs 2,12,695 crore as on 30th September 2024 as compared with Rs 1,75,533 crore as on 30th September 2023. Domestic CASA deposits registered a growth of 7% YoY and stood at Rs 4,58,425 crore as of 30th September 2024. Domestic advances increased 12.5% to Rs 9,38, 883 crore in Q2 FY25 as compared with Rs 8,34,723 crore in Q2 FY24. The gross non-performing asset (GNPA) reduced by 15.95% YoY to Rs 28,551.20 crore as on 30 September 2024 as compared with Rs 33,968.47 crore as on 30 September 2023. Gross NPA ratio improved to 2.50% in Q2 FY25 from 3.32% in Q2 FY24. Net NPA ratio stood at 0.60% as on 30 September 2024 as against with Rs 0.76% as on 30 September 2023. CRAR of the Bank stood at 16.26% in September 2024. Tier-I stood at 14.18% (CET-1 at 12.67%, AT1 at 1.51 %) and Tier-II stood at 2.08% as of September 2024. Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,266 branches and 10,419 ATMs and Cash Recyclers supported by self-service channels. The Bank has a significant international presence with a network of 84 overseas offices spanning 17 countries. As of 30 September 2024, Government of India held 63.97% stake in the bank. The counter declined 2.26% to end at Rs 239.50 on the BSE.Powered by Capital Market - Live
Bank of Baroda will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live
The headline equity benchmarks pared early losses and traded with minor gains in mid-morning trade. The Nifty traded above the 25,300 level after hitting the day's low of 25,094.55 in early trade. PSU bank shares advanced after declining for the previous trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 211.74 points or 0.26% to 82,708.84. The Nifty 50 index rose 60.20 points or 0.24% to 25,310.30. In the broader market, the S&P BSE Mid-Cap index rose 0.11% and the S&P BSE Small-Cap index added 0.11%. The market breadth was positive. On the BSE, 2,096 shares rose and 1,633 shares fell. A total of 160 shares were unchanged. Economy : The HSBC India Services PMI survey, compiled by S&P Global, indicates strong sector performance, but total new business, international sales, and output have all increased at the slowest rates since late 2023. Despite solid job creation and strengthening business confidence, the Services Business Activity Index fell from 60.9 in August to 57.7 in September, still indicating growth above the neutral mark of 50.0. The slowdown in output growth, the lowest since November 2023, was influenced by intense competition, cost pressures, and shifts in consumer preferences toward online services. While new business intakes expanded sharply, their growth rate dropped to a ten-month low, and international sales growth weakened significantly, reflecting broader trends in private sector output. Buzzing Index : The Nifty PSU Bank index rose 1.66% to 6,789.05. The index fell 1.24% in the past trading session. Bank of Baroda (up 2.67%), Indian Bank (up 2.57%), Canara Bank (up 1.33%), Central Bank of India (up 1.16%), State Bank of India (up 0.77%), Punjab National Bank (up 0.65%), Union Bank of India (up 0.49%), Indian Overseas Bank (up 0.48%), Punjab & Sind Bank (up 0.37%) edged higher. On the other hand, Bank of India (down 0.7%), Bank of Maharashtra (down 0.33%) and UCO Bank (down 0.23%) edged lower. Bank of Baroda advanced 2.67% after the global business of the bank aggregated to Rs 25,06,809 crore as of 30 September 2024, up by 10.23% from Rs 22,74,148 crore as on 30 September 2023. Stocks in Spotlight : Suryoday Small Finance Bank (SFB) fell 1.59%. The bank's gross advances increased 35% to Rs to Rs 9,360 crore as on 30 September 2024, as compared to Rs 6,921 crore as on 30 September 2023. Global Markets: Asian stocks traded higher on Friday, following losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September's U.S. payrolls report. U.S. President Joe Biden warned that the U.S. was considering strikes on Iranian oil facilities in response to Tehran's missile attack on Israel. Meanwhile, Israel continued its military campaign against the Lebanese armed group Hezbollah, with new air strikes targeting Beirut. Investors were also closely watching the U.S. nonfarm payrolls report, which could provide further insights into the Federal Reserve's interest rate policy. U.S. stocks closed lower on Thursday, though they recovered from intraday losses. Traders remained cautious amid the ongoing Middle East conflict and the anticipation of the jobs report. The Dow Jones Industrial Average declined by 0.44%, the S&P 500 fell by 0.17%, and the Nasdaq Composite dropped by 0.04%. Powered by Capital Market - Live
The bank's global business has grown by 3.70% as compared to Rs 24,17,464 crore as on 31 March 2024. These figures were announced by the bank after market hours on Thursday. The global deposits of the public sector bank have increased by 9.11% to Rs 13,63,486 crore as on 30 September 2024 from Rs 12,49,647 crore. Domestic deposits accounted for 84% of the global deposit, down 200 basis points on YoY basis. BoB's global advances amounted to Rs 11,43,323 crore as on 30 September 2024, higher by 11.60% as compared with the same period last year. As of 30 September 2024, domestic advances and domestic retail advances of the bank stood at Rs 9,39,128 crore (up 12.51% YoY) and Rs 2,32,320 crore (up 19.95% YoY), respectively. Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,266 branches and 10,419 ATMs and Cash Recyclers supported by self-service channels. The Bank has a significant international presence with a network of 84 overseas offices spanning 17 countries. As of 30 June 2024, Government of India held 63.97% stake in the bank. The bank had reported 9.53% increase in standalone net profit to Rs 4,458.15 crore in Q1 FY25 from Rs 4,070.07 crore in Q1 FY24. Total income increased by 7.49% YoY to Rs 32,115.95 crore in Q1 FY25. Powered by Capital Market - Live
Bank of Baroda announced that its Sydney, Australia Branch has concluded borrowing of AUD 200 million through Syndicated Term Loan Facility for tenure of 3 years.Powered by Capital Market - Live
Bank of Baroda in collaboration with EaseMyTrip.com announced the launch of the Bank of Baroda EaseMyTrip Co-branded Travel Debit Card, designed to cater to frequent travellers and entertainment & lifestyle enthusiasts. This is the first co-branded travel debit card to be launched by a public sector bank.Powered by Capital Market - Live
Bank of Baroda has reviewed and kept the Marginal Cost of Funds Based Lending Rate (MCLR) unchanged w.e.f. 12 September 2024 as under: Overnight - 8.15% One Month - 8.35% Three Month - 8.50% Six Month - 8.75% One Year - 8.95%Powered by Capital Market - Live
Bank of Baroda lost 0.48% today to trade at Rs 249.9. The BSE BANKEX index is down 0.25% to quote at 58225.71. The index is down 0.76 % over last one month. Among the other constituents of the index, Axis Bank Ltd decreased 0.37% and Federal Bank Ltd lost 0.36% on the day. The BSE BANKEX index went up 16.45 % over last one year compared to the 25.67% surge in benchmark SENSEX. Bank of Baroda has lost 2.34% over last one month compared to 0.76% fall in BSE BANKEX index and 0.52% rise in the SENSEX. On the BSE, 17140 shares were traded in the counter so far compared with average daily volumes of 10.96 lakh shares in the past one month. The stock hit a record high of Rs 298.45 on 03 Jun 2024. The stock hit a 52-week low of Rs 186.45 on 01 Sep 2023.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 18.45%, vs industry avg of 14.77%
Increasing Market Share
Over the last 5 years, market share increased from 9.18% to 10.32%