Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Bank of India

About the Company - Bank of India

Bank of India is a Public Limited Listed company incorporated on 07/09/1906 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U99999MH1906PLC000243 and registration number is 000243. Currently company belongs to the Industry of Finance - Banks - Public Sector. Company’s Total Operating Revenue is Rs. 38075.83 Cr. and Equity Capital is Rs. 4104.31 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public SectorStar House, C-5, `G' Block, Mumbai Maharashtra 400051headoffice.share@bankofindia.co.in
http://www.bankofindia.co.in
Management
NamePosition Held
Mr. Rajneesh KarnatakManaging Director & CEO
Mr. P R RajagopalExecutive Director
Mr. M KarthikeyanExecutive Director
Mr. Swarup DasguptaExecutive Director
Mr. Subrat KumarExecutive Director
Mr. Subrata DasNominee Director
Mrs. Veni ThaparShareholder Director
Mr. V V ShenoyShareholder Director
Dr. Bhushan Kumar SinhaGovernment Nominee Director
Mr. Munish Kumar RalhanPart Time Non Official Director

Bank of India Share Price Update

Share PriceValue
Today₹143.35
Previous Day₹144.50

Basic Stock Data of Bank of India

Last Updated: April 8, 2024, 9:52 am

Market Cap 66,856 Cr.
Current Price 147
High / Low156/69.4
Stock P/E10.4
Book Value 147
Dividend Yield1.36 %
ROCE4.42 %
ROE6.33 %
Face Value 10.0

Data Source: screener.in

Bank of India Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue10,2999,4169,3749,5809,4239,90310,04311,54512,79613,54814,44215,06215,319
Interest6,5266,4106,1966,0135,9875,8885,9156,4337,1447,9488,4679,2569,792
Expenses4,8164,5514,4373,9393,5574,7014,4095,3135,2916,5904,5794,5464,190
Financing Profit-1,043-1,545-1,259-371-122-685-281-201360-9901,3961,2601,337
Financing Margin %-10%-16%-13%-4%-1%-7%-3%-2%3%-7%10%8%9%
Other Income1,9031,8372,3352,1781,8471,6501,1651,4561,4223,1681,4841,7171,202
Depreciation0000000000000
Profit before tax8602911,0761,8071,7269658841,2551,7822,1782,8802,9772,539
Tax %37%5%35%41%43%33%34%40%35%36%48%50%25%
Net Profit610837361,0739926876598539151,4131,5621,4991,931
EPS in Rs1.860.251.992.612.431.681.602.082.233.443.813.654.24
Gross NPA %
Net NPA %

Last Updated: April 6, 2024, 9:31 am

Bank of India Quarterly Chart

Bank of India Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue28,61132,09638,12543,68542,09339,58538,31341,00542,59140,85438,28147,93255,848
Interest20,21622,96027,17032,22030,24527,60627,67927,20727,19126,42124,08327,44132,815
Expenses7,9539,71411,47313,60019,84221,21824,61826,87426,38617,67216,26321,17721,007
Financing Profit442-579-518-2,135-7,994-9,239-13,984-13,076-10,987-3,239-2,065-6862,026
Financing Margin %2%-2%-1%-5%-19%-23%-36%-32%-26%-8%-5%-1%4%
Other Income3,3193,7854,3194,2783,6726,8195,8464,8626,6876,7788,0927,1687,792
Depreciation175189234291290-75223733923803724270
Profit before tax3,5863,0173,5671,852-4,612-2,412-8,660-8,587-4,6923,1605,6556,0569,818
Tax %25%9%23%6%-37%34%30%37%35%34%38%37%
Net Profit2,7332,8182,9882,015-6,276-1,492-5,982-5,426-3,0512,0813,4873,8395,389
EPS in Rs47.4947.3246.5030.27-75.98-13.94-34.20-19.67-9.316.368.519.3513.13
Dividend Payout %15%21%11%17%-0%-0%-0%-0%-0%-0%24%21%

Bank of India Profit & Loss Yearly Chart

Bank of India Growth

Compounded Sales Growth
10 Years:4%
5 Years:5%
3 Years:4%
TTM:32%
Compounded Profit Growth
10 Years:3%
5 Years:21%
3 Years:47%
TTM:106%
Stock Price CAGR
10 Years:-5%
5 Years:7%
3 Years:24%
1 Year:85%
Return on Equity
10 Years:-2%
5 Years:0%
3 Years:6%
Last Year:6%

Bank of India Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital5755976436668171,0551,7442,7603,2783,2784,1044,1044,104
Reserves20,83923,87430,13131,85732,52832,57435,01344,89241,79546,70352,41856,329
Borrowings351,531418,500527,123574,581566,826581,844566,595566,820597,139661,562656,802737,209
Other Liabilities14,63313,35120,12618,04616,45716,55311,83316,40920,80521,24429,80728,393
Total Liabilities387,578456,323578,022625,150616,628632,026615,184630,881663,017732,786743,131826,036
Fixed Assets2,7402,8075,6785,8028,3828,3498,1928,7998,7658,6379,5709,950
CWIP6094143113191197158200293364286110
Investments88,05796,388116,490123,196122,621130,751140,321150,905162,323191,693180,274211,324
Other Assets296,722357,034455,712496,040485,435492,729466,513470,977491,636532,092553,001604,652
Total Assets387,578456,323578,022625,150616,628632,026615,184630,881663,017732,786743,131826,036

Bank of India Reserves and Borrowings Chart

Bank of India Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1,64420,6326,45214,63818,311-6,624-7,366-9,218-4,82737,868-35,487-7,045
Cash from Investing Activity -617-388-814-755-609-371-26071-232-182-644-521
Cash from Financing Activity 29-3317451,2954,8643,9557,1857,983-3,1922,3981,146541
Net Cash Flow-2,23219,9136,38315,17922,566-3,040-440-1,164-8,25140,085-34,985-7,026

Bank of India Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %14%12%11%6%-19%-4%-17%-14%-7%4%6%6%

Bank of India Financial Efficiency Indicators Chart

Bank of India Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters89.10%90.34%81.41%81.41%81.41%81.41%81.41%81.41%81.41%81.41%81.41%73.38%
FIIs0.48%0.38%0.96%0.78%0.72%0.75%1.12%2.23%2.67%2.25%2.92%4.31%
DIIs5.11%4.63%11.76%11.25%11.07%11.14%10.84%10.56%10.36%9.90%9.55%14.65%
Public5.31%4.65%5.87%6.55%6.80%6.70%6.64%5.80%5.57%6.44%6.11%7.65%
No. of Shareholders4,10,3054,19,7174,63,6454,98,5735,12,5525,09,5834,98,7404,71,4834,77,5684,97,9105,16,2025,77,992

Bank of India Shareholding Pattern Chart

No. of Bank of India Shareholders

Bank of India Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Aditya Birla Sun Life Pure Value Fund70639911.5977.28
Aditya Birla Sun Life Banking And Financial Services Fund69963132.6476.54
Aditya Birla Sun Life PSU Equity Fund68396135.2774.83
Nippon India ETF Nifty PSU Bank BeES67884324.4174.27
Kotak Nifty PSU Bank ETF49730534.4254.41
Aditya Birla Sun Life Small Cap Fund39105070.9242.78
SBI PSU Fund30000003.932.82
Aditya Birla Sun Life Dividend Yield Fund16062481.7117.57
Sundaram Mid Cap Fund10000000.1210.94
Sundaram Mid Cap Fund - Institutional Plan10000000.1210.94

Bank of India ROCE Trend

Bank of India EPS Trend

Bank of India Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.359.076.36-9.39-29.14
Diluted EPS (Rs.)9.359.076.35-9.39-29.14
Cash EPS (Rs.)10.509.207.87-7.74-18.57
Book Value[Excl.RevalReserv]/Share (Rs.)130.30120.70124.10118.08132.93
Book Value[Incl.RevalReserv]/Share (Rs.)147.24137.71143.33137.52155.85
Operating Revenue / Share (Rs.)116.7893.27124.64129.94148.57
Net Profit / Share (Rs.)9.468.306.71-8.94-19.92
Net Profit After MI / Share (Rs.)9.358.516.35-9.31-19.66
Net Profit Margin (%)8.098.895.38-6.87-13.40
Net Profit After MI And SOA Nargin (%)8.009.125.09-7.16-13.23
Operating Profit Margin (%)-6.94-12.02-12.96-22.86-26.24
Return On Assets (%)0.460.460.28-0.46-0.86
Return On Equity / Networth (%)7.177.045.12-7.88-14.79
Net Interest Margin (X)2.481.911.962.322.18
Cost To Income (%)43.1940.6140.8050.8853.07
Interest Income / Total Assets (%)5.805.155.576.426.49
Non-Interest Income / Total Assets (%)0.871.071.021.020.83
Operating Profit / Total Assets (%)-0.40-0.61-0.72-1.46-1.70
Operating Expenses / Total Assets (%)1.741.631.501.601.72
Interest Expenses / Total Assets (%)3.323.243.604.104.31
Enterprise Value (Rs.Cr.)723548.52635089.78622871.03578262.81566285.16
EV Per Net Sales (X)15.1016.5915.2513.5813.81
Price To Book Value (X)0.570.370.540.270.78
Price To Sales (X)0.640.490.540.240.70
Retention Ratios (%)78.61100.00100.00100.00100.00
Earnings Yield (X)0.120.180.09-0.28-0.18

Bank of India Profitability Ratios (%)

Bank of India Liquidity Ratios

Bank of India Liquidity Ratios (%)

Bank of India Interest Coverage Ratios (%)

Bank of India Valuation Ratios

Fair Value of Bank of India Stock

Fair Value: 98.09

The stock is overvalued by 33.27% compared to the current price ₹147

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of Bank of India Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Bank of India?

The latest fair value of Bank of India is 98.09.

What is the Market Cap of Bank of India?

The Market Cap of Bank of India is 66,856 Cr..

What is the current Stock Price of Bank of India as on 13 April 2024?

The current stock price of Bank of India as on 13 April 2024 is 147.

What is the High / Low of Bank of India stocks in FY 2024?

In FY 2024, the High / Low of Bank of India stocks is ₹156/69.4.

What is the Stock P/E of Bank of India?

The Stock P/E of Bank of India is 10.4.

What is the Book Value of Bank of India?

The Book Value of Bank of India is 147.

What is the Dividend Yield of Bank of India?

The Dividend Yield of Bank of India is 1.36 %.

What is the ROCE of Bank of India?

The ROCE of Bank of India is 4.42 %.

What is the ROE of Bank of India?

The ROE of Bank of India is 6.33 %.

What is the Face Value of Bank of India?

The Face Value of Bank of India is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bank of India. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE