Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:41 am
Author: Getaka|Social: XLinkedIn

Bank of India: Intrinsic Value & Share Price Analysis

Fair Value

₹122.72Overvalued by 13.58%vs CMP ₹142.00

P/E (6.3) × ROE (12.4%) × BV (₹190.00) × DY (2.86%)

₹218.43Undervalued by 53.82%vs CMP ₹142.00
MoS: +35% (Strong)Confidence: 43/100 (Low)Models: 4 Under, 1 Fair, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹147.8227%Fair (+4.1%)
Graham NumberEarnings₹303.7319%Under (+113.9%)
Earnings PowerEarnings₹121.2413%Over (-14.6%)
DCFCash Flow₹530.4813%Under (+273.6%)
Net Asset ValueAssets₹183.889%Under (+29.5%)
EV/EBITDAEnterprise₹13.3011%Over (-90.6%)
Earnings YieldEarnings₹215.809%Under (+52%)
Consensus (7 models)₹218.43100%Undervalued
Key Drivers: Wide model spread (₹13–₹530) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 20.5%

*Investments are subject to market risks

Investment Snapshot

56
Bank of India scores 56/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health62/100 · Moderate
ROCE 6.2% WeakROE 12.4% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 1.94% (6mo) AccumulatingDII holding down 0.72% MF sellingPromoter holding at 73.4% Stable
Earnings Quality50/100 · Moderate
Quarterly Momentum58/100 · Moderate
Profit (4Q): +15% YoY Positive
Industry Rank50/100 · Moderate
P/E 6.3 vs industry 8.7 In-lineROCE 6.2% vs industry 6.2% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:41 am

Market Cap 64,511 Cr.
Current Price 142
Intrinsic Value₹218.43
High / Low 178/101
Stock P/E6.33
Book Value 190
Dividend Yield2.86 %
ROCE6.17 %
ROE12.4 %
Face Value 10.0
PEG Ratio0.31

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Bank of India

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Bank of India 64,511 Cr. 142 178/1016.33 1902.86 %6.17 %12.4 % 10.0
Indian Overseas Bank 62,411 Cr. 32.4 42.8/31.213.1 18.80.00 %5.95 %11.0 % 10.0
IDBI Bank Ltd 72,740 Cr. 67.6 118/61.07.83 64.83.10 %6.78 %13.6 % 10.0
Bank of Maharashtra 49,903 Cr. 64.9 77.0/38.17.71 43.42.31 %5.72 %22.8 % 10.0
Central Bank of India 29,942 Cr. 33.1 41.2/31.36.20 43.61.81 %5.48 %11.4 % 10.0
Industry Average144,637.54 Cr226.678.69183.822.11%6.22%14.34%7.46

All Competitor Stocks of Bank of India

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue12,79613,54814,44215,06215,31916,25017,04617,46618,31718,47918,46718,52119,052
Interest 7,1447,9488,4679,2569,79210,24210,69311,40312,16612,33312,32112,53012,504
Expenses 5,2916,5904,5794,5464,1906,0415,2695,4564,4856,0505,3994,8495,201
Financing Profit360-9901,3961,2601,337-331,0846071,666977471,1421,346
Financing Margin %3%-7%10%8%9%-0%6%3%9%1%4%6%7%
Other Income 1,4223,1681,4841,7171,2021,8301,3382,5321,7803,4551,6922,2182,327
Depreciation 0000000000000
Profit before tax 1,7822,1782,8802,9772,5391,7972,4223,1383,4473,5512,4393,3613,674
Tax % 35%36%48%50%25%17%28%24%26%25%28%25%25%
Net Profit 9151,4131,5621,4991,9311,5741,8902,4222,6382,6021,8312,5762,814
EPS in Rs 2.233.443.813.654.243.464.155.325.795.724.025.666.18
Gross NPA %
Net NPA %

Last Updated: February 6, 2026, 1:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 1:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue38,12543,68542,09339,58538,31341,00542,59140,85438,28147,93261,07371,30874,519
Interest 27,17032,22030,24527,60627,67927,20727,19126,42124,08327,44137,75746,59449,688
Expenses 11,47313,60019,84221,21824,61826,87426,38617,67216,26321,17718,84820,65621,499
Financing Profit-518-2,135-7,994-9,239-13,984-13,076-10,987-3,239-2,065-6864,4694,0573,332
Financing Margin %-1%-5%-19%-23%-36%-32%-26%-8%-5%-1%7%6%4%
Other Income 4,3194,2783,6726,8195,8464,8626,6876,7788,0927,1686,4159,3179,693
Depreciation 234291290-75223733923803724275096040
Profit before tax 3,5671,852-4,612-2,412-8,660-8,587-4,6923,1605,6556,05610,37512,77113,025
Tax % 23%6%37%-34%-30%-37%-35%34%38%37%37%25%
Net Profit 2,9882,015-6,276-1,492-5,982-5,426-3,0512,0813,4873,8396,5679,5529,823
EPS in Rs 46.5030.27-75.98-13.94-34.20-19.67-9.316.368.519.3514.4220.9721.58
Dividend Payout % 11%17%0%0%0%0%0%0%24%21%19%19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-32.56%-411.46%76.23%-300.94%9.29%43.77%168.21%67.56%10.09%71.06%45.45%
Change in YoY Net Profit Growth (%)0.00%-378.90%487.69%-377.17%310.23%34.48%124.44%-100.64%-57.47%60.97%-25.61%

Bank of India has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:11%
3 Years:23%
TTM:14%
Compounded Profit Growth
10 Years:17%
5 Years:38%
3 Years:43%
TTM:43%
Stock Price CAGR
10 Years:-1%
5 Years:18%
3 Years:30%
1 Year:-5%
Return on Equity
10 Years:0%
5 Years:8%
3 Years:10%
Last Year:12%

Last Updated: September 5, 2025, 12:30 am

Balance Sheet

Last Updated: December 4, 2025, 1:01 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 6436668171,0551,7442,7603,2783,2784,1044,1044,5534,5534,553
Reserves 30,13131,85732,52832,57435,01344,89241,79546,70352,41856,32966,02876,17278,982
Deposits481,995536,932515,722542,352522,997522,555557,386629,098629,981672,194740,611819,806856,863
Borrowing45,12837,64951,10339,49143,59844,26539,75232,46426,82165,01580,960123,869117,966
Other Liabilities 20,12618,04616,45716,55311,83316,40920,80521,24429,80728,39332,12732,02433,750
Total Liabilities 578,022625,150616,628632,026615,184630,881663,017732,786743,131826,036924,2801,056,4251,092,115
Fixed Assets 5,6785,8028,3828,3498,1928,7998,7658,6379,5709,95010,17811,86511,830
CWIP 1431131911971582002933642861101501820
Investments 116,490123,196122,621130,751140,321150,905162,323191,693180,274211,324234,592268,002270,445
Other Assets 455,712496,040485,435492,729466,513470,977491,636532,092553,001604,652679,361776,376809,839
Total Assets 578,022625,150616,628632,026615,184630,881663,017732,786743,131826,036924,2801,056,4251,092,115

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 6,45214,63818,311-6,624-7,366-9,218-4,82737,868-35,487-7,045-4,43718,534
Cash from Investing Activity + -814-755-609-371-26071-232-182-644-521-991-854
Cash from Financing Activity + 7451,2954,8643,9557,1857,983-3,1922,3981,1465413,86834
Net Cash Flow 6,38315,17922,566-3,040-440-1,164-8,25140,085-34,985-7,026-1,56017,714
Free Cash Flow 5,85814,06617,814-6,910-7,620-9,090-5,18437,538-36,035-7,569-5,26417,861
CFO/OP 25%52%84%-42%-43%-41%-24%160%-159%-28%-13%37%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-470.00-523.00-496.00-521.00-498.00-496.00-531.00-612.00-613.00-651.00-722.00-799.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROE % 11%6%-19%-4%-17%-14%-7%4%6%6%10%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 81.41%81.41%81.41%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%
FIIs 2.67%2.25%2.92%4.31%4.52%3.61%3.21%2.92%3.88%3.53%4.24%5.82%
DIIs 10.36%9.90%9.55%14.65%15.82%15.46%16.26%16.40%15.90%15.97%15.63%15.18%
Public 5.57%6.44%6.11%7.65%6.27%7.55%7.13%7.30%6.83%7.13%6.76%5.62%
No. of Shareholders 4,77,5684,97,9105,16,2025,77,9926,17,2387,05,5996,92,2297,13,0277,26,1677,15,7856,95,9966,38,639

Shareholding Pattern Chart

No. of Shareholders

Bank of India: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Mid Cap Fund 19,384,361 1.67 318.1N/AN/AN/A
Nippon India Growth Mid Cap Fund 14,500,000 0.57 237.95N/AN/AN/A
Aditya Birla Sun Life PSU Equity Fund 14,197,283 4.08 232.986,839,6132025-12-08 08:29:22107.57%
SBI Contra Fund 11,926,429 0.4 195.71N/AN/AN/A
SBI Banking & Financial Services Fund 10,394,730 1.64 170.588,990,7302026-02-23 03:35:0815.62%
SBI Large & Midcap Fund 10,000,000 0.44 164.1N/AN/AN/A
SBI Infrastructure Fund 7,000,000 2.53 114.87N/AN/AN/A
Tata Arbitrage Fund 6,468,800 0.52 106.156,432,4002026-02-23 03:35:080.57%
Aditya Birla Sun Life Small Cap Fund 4,500,000 1.55 73.853,910,5072025-12-08 06:36:5415.07%
HDFC Large and Mid Cap Fund 3,725,646 0.22 61.14N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.) 20.9715.489.359.076.36
Diluted EPS (Rs.) 20.9715.489.359.076.35
Cash EPS (Rs.) 21.8415.1410.509.207.87
Book Value[Excl.RevalReserv]/Share (Rs.) 159.01139.91130.30120.70124.10
Book Value[Incl.RevalReserv]/Share (Rs.) 177.29155.01147.24137.71143.33
Operating Revenue / Share (Rs.)156.60134.13116.7893.27124.64
Net Profit / Share (Rs.) 20.5114.029.468.306.71
Net Profit After MI / Share (Rs.)20.9714.429.358.516.35
Net Profit Margin (%) 13.0910.458.098.895.38
Net Profit After MI And SOA Nargin (%)13.3910.748.009.125.09
Operating Profit Margin (%)27.6121.6014.0115.3310.02
Return On Assets (%) 0.900.710.460.460.28
Return On Equity / Networth (%)13.1810.307.177.045.12
Net Interest Margin (X)2.332.522.481.911.96
Cost To Income (%)50.8851.7951.8854.8050.19
Interest Income / Total Assets (%)6.746.605.805.155.57
Non-Interest Income / Total Assets (%)0.860.670.871.071.02
Operating Profit / Total Assets (%)0.020.01-0.40-0.61-0.72
Operating Expenses / Total Assets (%)1.621.651.741.631.50
Interest Expenses / Total Assets (%)4.414.083.323.243.60
Enterprise Value (Rs.Cr.)940316.59845059.44723548.52635089.78622871.03
EV Per Net Sales (X)13.1913.8415.1016.5915.25
Price To Book Value (X)0.670.970.570.370.54
Price To Sales (X)0.681.020.640.490.54
Retention Ratios (%) 86.6487.4978.61100.00100.00
Earnings Yield (X)0.190.100.120.180.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

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. 70826.30 Cr. and Equity Capital is Rs. 4553.41 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public SectorStar House, C-5, `G' Block, Mumbai Maharashtra 400051Contact not found
Management
NamePosition Held
Mr. M R KumarNon Executive Chairman
Mr. Rajneesh KarnatakManaging Director & CEO
Mr. P R RajagopalExecutive Director
Mr. Subrat KumarExecutive Director
Mr. Rajiv MishraExecutive Director
Mr. Manoj Muttathil AyyappanDirector
Mrs. Jamuna RaviDirector
Mr. V V ShenoyDirector
Mr. Ashok NarainDirector

FAQ

What is the intrinsic value of Bank of India and is it undervalued?

As of 15 April 2026, Bank of India's intrinsic value is ₹218.43, which is 53.82% higher than the current market price of ₹142.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (12.4 %), book value (₹190), dividend yield (2.86 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Bank of India?

Bank of India is trading at ₹142.00 as of 15 April 2026, with a FY2026-2027 high of ₹178 and low of ₹101. The stock is currently in the middle of its 52-week range. Market cap stands at ₹64,511 Cr..

How does Bank of India's P/E ratio compare to its industry?

Bank of India has a P/E ratio of 6.33, which is below the industry average of 8.69. This is broadly in line with or below the industry average.

Is Bank of India financially healthy?

Key indicators for Bank of India: ROCE of 6.17 % is on the lower side compared to the industry average of 6.22%. Dividend yield is 2.86 %.

Is Bank of India profitable and how is the profit trend?

Bank of India reported a net profit of ₹9,552 Cr in Mar 2025 on revenue of ₹71,308 Cr. Compared to ₹3,487 Cr in Mar 2022, the net profit shows an improving trend.

Does Bank of India pay dividends?

Bank of India has a dividend yield of 2.86 % at the current price of ₹142.00. This is a relatively attractive yield for income-seeking investors.

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
Explore Industry-wise Stock Analysis Reports