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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Canara Bank: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:10 pm

Market Cap 77,119 Cr.
Current Price 85.0
High / Low 129/78.6
Stock P/E4.70
Book Value 0.00
Dividend Yield3.79 %
ROCE64.0 %
ROE17.9 %
Face Value 2.00
PEG Ratio0.00

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

View Share Price Target for Canara Bank

Competitors of Canara Bank

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Union Bank of India 89,909 Cr. 118 172/1015.50 1473.06 %6.55 %15.6 % 10.0
UCO Bank 44,763 Cr. 37.4 62.4/34.019.3 24.00.75 %5.34 %6.22 % 10.0
State Bank of India (SBI) 6,53,952 Cr. 733 912/6808.24 5381.87 %6.16 %17.3 % 1.00
Punjab National Bank 1,04,781 Cr. 91.2 143/85.56.22 1141.65 %5.46 %8.54 % 2.00
Punjab & Sind Bank 28,229 Cr. 41.6 73.6/37.033.5 17.40.48 %5.59 %3.88 % 10.0
Industry Average112,242.31 Cr165.3511.5796.471.95%22.60%12.68%7.46

All Competitor Stocks of Canara Bank

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Revenue17,98218,22718,53720,48222,56124,30425,45127,29028,49229,28629,17330,18230,751
Interest 10,76110,85611,39612,68113,62215,29216,33717,93418,62019,22619,53420,42721,163
Expenses 8,38610,8249,38211,32610,83112,25310,99010,85912,00113,19812,01012,06610,752
Financing Profit-1,165-3,453-2,241-3,525-1,891-3,241-1,876-1,504-2,129-3,138-2,371-2,312-1,165
Financing Margin %-6%-19%-12%-17%-8%-13%-7%-6%-7%-11%-8%-8%-4%
Other Income 3,5066,2925,2026,8765,7777,4706,8096,6027,1388,0987,7937,8246,679
Depreciation 0000000000000
Profit before tax 2,3412,8392,9613,3513,8864,2294,9335,0985,0094,9605,4225,5135,515
Tax % 30%31%30%23%25%24%28%28%25%24%27%26%25%
Net Profit 1,7122,0612,1932,7303,0583,3643,7553,8293,8273,9914,0984,2274,256
EPS in Rs 1.832.122.402.983.343.684.124.194.184.364.484.624.65
Gross NPA %7.81%7.51%6.99%6.37%5.90%5.35%5.16%4.76%4.39%4.23%4.14%3.73%3.34%
Net NPA %2.87%2.65%2.48%2.19%1.96%1.73%1.57%1.41%1.32%1.27%1.24%0.99%0.89%

Last Updated: March 3, 2025, 5:06 pm

Below is a detailed analysis of the quarterly data for Canara Bank based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Interest, as of Dec 2024, the value is ₹21,163.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 20,427.00 Cr. (Sep 2024) to ₹21,163.00 Cr., marking an increase of ₹736.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹10,752.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 12,066.00 Cr. (Sep 2024) to ₹10,752.00 Cr., marking a decrease of 1,314.00 Cr..
  • For Other Income, as of Dec 2024, the value is ₹6,679.00 Cr.. The value appears to be declining and may need further review. It has decreased from 7,824.00 Cr. (Sep 2024) to ₹6,679.00 Cr., marking a decrease of 1,145.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹5,515.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,513.00 Cr. (Sep 2024) to ₹5,515.00 Cr., marking an increase of ₹2.00 Cr..
  • For Tax %, as of Dec 2024, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2024) to 25.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹4,256.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,227.00 Cr. (Sep 2024) to ₹4,256.00 Cr., marking an increase of ₹29.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 4.65. The value appears strong and on an upward trend. It has increased from ₹4.62 (Sep 2024) to 4.65, marking an increase of ₹0.03.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:38 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Revenue34,07039,57043,81344,03941,45741,34547,95149,75970,25370,61485,885110,519119,392
Interest 26,19830,60634,13334,26331,54029,11332,33935,81745,18243,03552,99072,11880,351
Expenses 7,2179,63610,30217,78515,69125,58227,20226,80943,43741,23542,77246,14648,026
Financing Profit655-672-621-8,008-5,775-13,350-11,590-12,867-18,367-13,657-9,877-7,745-8,985
Financing Margin %2%-2%-1%-18%-14%-32%-24%-26%-26%-19%-12%-7%-8%
Other Income 3,3084,1444,7335,2667,8527,3989,90711,79923,08623,64325,32528,64630,394
Depreciation 1912304291723314564294468388411,0219020
Profit before tax 3,7713,2423,683-2,9141,746-6,408-2,111-1,5143,8829,14514,42720,00021,409
Tax % 22%20%22%-13%29%-36%-126%34%30%37%25%26%
Net Profit 2,9952,6722,931-2,5351,411-3,873696-1,9212,9576,15811,34515,40116,571
EPS in Rs 12.1910.3710.96-8.734.55-10.781.60-3.863.516.7512.4116.8418.11
Dividend Payout % 19%19%17%0%4%0%0%0%0%19%19%19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-10.78%9.69%-186.49%155.66%-374.49%117.97%-376.01%253.93%108.25%84.23%35.75%
Change in YoY Net Profit Growth (%)0.00%20.48%-196.18%342.15%-530.15%492.46%-493.98%629.94%-145.68%-24.02%-48.48%

Canara Bank has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:11%
5 Years:18%
3 Years:16%
TTM:13%
Compounded Profit Growth
10 Years:19%
5 Years:91%
3 Years:75%
TTM:12%
Stock Price CAGR
10 Years:1%
5 Years:31%
3 Years:24%
1 Year:-27%
Return on Equity
10 Years:7%
5 Years:11%
3 Years:14%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital 4434614755435977337531,0301,6471,8141,8141,814
Reserves 24,73329,71532,01731,86734,08836,16436,93640,17660,76368,14776,24090,319
Borrowings 376,040447,913499,488506,712534,858563,756640,166668,1701,060,9981,132,6261,237,1601,369,780
Other Liabilities 18,10823,00026,57824,60326,61530,78133,92832,06456,13256,20265,81673,104
Total Liabilities 419,324501,090558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,018
Fixed Assets 2,8836,6616,9697,2067,1858,3358,4338,32311,26911,44710,33412,331
CWIP 111000002200
Investments 127,534135,445152,122152,470162,073157,444168,678192,645286,191311,347352,893399,207
Other Assets 288,907358,982399,466404,049426,901465,657534,672540,472882,077935,9921,017,8031,123,480
Total Assets 419,324501,090558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,018

Below is a detailed analysis of the balance sheet data for Canara Bank based on the most recent figures (Mar 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2024, the value is ₹1,814.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹1,814.00 Cr..
  • For Reserves, as of Mar 2024, the value is ₹90,319.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹76,240.00 Cr. (Mar 2023) to ₹90,319.00 Cr., marking an increase of 14,079.00 Cr..
  • For Borrowings, as of Mar 2024, the value is ₹1,369,780.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from ₹1,237,160.00 Cr. (Mar 2023) to ₹1,369,780.00 Cr., marking an increase of 132,620.00 Cr..
  • For Other Liabilities, as of Mar 2024, the value is ₹73,104.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹65,816.00 Cr. (Mar 2023) to ₹73,104.00 Cr., marking an increase of 7,288.00 Cr..
  • For Total Liabilities, as of Mar 2024, the value is ₹1,535,018.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,381,030.00 Cr. (Mar 2023) to ₹1,535,018.00 Cr., marking an increase of 153,988.00 Cr..
  • For Fixed Assets, as of Mar 2024, the value is ₹12,331.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹10,334.00 Cr. (Mar 2023) to ₹12,331.00 Cr., marking an increase of 1,997.00 Cr..
  • For CWIP, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
  • For Investments, as of Mar 2024, the value is ₹399,207.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹352,893.00 Cr. (Mar 2023) to ₹399,207.00 Cr., marking an increase of 46,314.00 Cr..
  • For Other Assets, as of Mar 2024, the value is ₹1,123,480.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,017,803.00 Cr. (Mar 2023) to ₹1,123,480.00 Cr., marking an increase of 105,677.00 Cr..
  • For Total Assets, as of Mar 2024, the value is ₹1,535,018.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,381,030.00 Cr. (Mar 2023) to ₹1,535,018.00 Cr., marking an increase of 153,988.00 Cr..

However, the Borrowings (1,369,780.00 Cr.) are higher than the Reserves (₹90,319.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +8,01014,2446,3449,3462,575-11,12018,237-5,28959,118919-39,97815,046
Cash from Investing Activity +-435-380-1,104-443-476-487-745-445-1,116-1,429-1,156-1,750
Cash from Financing Activity +-1,043-3,771-1,464-8061242,865-1,1857,7922904,035445-3,834
Net Cash Flow6,53210,0923,7768,0962,224-8,74316,3072,05958,2913,525-40,6899,462

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-369.00-438.00-489.00-489.00-519.00-538.00-613.00-642.0042.0040.0041.0045.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %12%10%9%-8%4%-11%2%-5%6%9%15%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%
FIIs7.62%8.48%7.97%8.44%8.74%8.95%8.91%10.19%11.21%10.57%11.91%11.26%
DIIs13.83%13.61%13.82%15.34%16.60%16.20%15.93%14.91%14.29%14.39%11.19%11.65%
Public15.62%14.97%15.27%13.28%11.72%11.92%12.21%11.96%11.55%12.10%13.94%14.17%
No. of Shareholders6,42,6466,39,1366,76,4876,47,8646,16,0246,29,4446,35,5566,38,4016,44,7707,59,08311,93,26716,39,363

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Arbitrage Opportunities Fund5,707,8001.01214.764,500,0002025-03-1126.84%
HSBC Value Fund5,537,8002.19208.364,500,0002025-03-1123.06%
Nippon India ETF Nifty PSU Bank BeES5,198,27211.62195.594,500,0002025-03-1115.52%
Kotak Equity Arbitrage Fund - Regular Plan4,527,9000.62170.364,500,0002025-03-110.62%
Nippon India Multi Cap Fund4,500,0000.81169.314,500,0002025-03-110%
Nippon India Arbitrage Fund3,890,7001.31146.394,500,0002025-03-11-13.54%
Kotak Nifty PSU Bank ETF3,808,13411.63143.284,500,0002025-03-11-15.37%
Tata Arbitrage Fund2,951,1001.49111.044,500,0002025-03-11-34.42%
SBI Banking & Financial Services Fund2,850,0002.49107.234,500,0002025-03-11-36.67%
Kotak Balanced Advantage Fund2,727,0000.69102.64,500,0002025-03-11-39.4%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.) 84.2262.0435.0419.11-23.55
Diluted EPS (Rs.) 84.2262.0435.0419.11-23.55
Cash EPS (Rs.) 86.4565.2036.5821.50-15.30
Book Value[Excl.RevalReserv]/Share (Rs.) 457.60388.97338.76328.68338.50
Book Value[Incl.RevalReserv]/Share (Rs.) 507.86430.25385.65378.99399.97
Operating Revenue / Share (Rs.)609.21473.42389.24426.37482.99
Net Profit / Share (Rs.) 81.4859.5831.9416.41-19.63
Net Profit After MI / Share (Rs.)84.2262.0433.7617.55-19.28
Net Profit Margin (%) 13.3712.588.203.84-4.06
Net Profit After MI And SOA Nargin (%)13.8213.108.674.11-3.99
Operating Profit Margin (%)-12.54-16.90-25.27-29.54-27.77
Return On Assets (%) 0.990.810.480.24-0.26
Return On Equity / Networth (%)18.4015.949.965.34-5.69
Net Interest Margin (X)2.502.382.192.121.88
Cost To Income (%)55.6851.9554.5158.3462.41
Interest Income / Total Assets (%)7.196.215.615.956.71
Non-Interest Income / Total Assets (%)1.861.831.871.981.59
Operating Profit / Total Assets (%)-0.90-1.05-1.41-1.75-1.86
Operating Expenses / Total Assets (%)2.432.192.222.392.16
Interest Expenses / Total Assets (%)4.693.833.423.834.83
Enterprise Value (Rs.Cr.)1404064.261233726.371122278.441042953.47654910.43
EV Per Net Sales (X)12.7014.3615.8914.8513.16
Price To Book Value (X)1.270.730.670.460.26
Price To Sales (X)0.950.600.580.350.18
Retention Ratios (%) 80.8880.6580.74100.00100.00
Earnings Yield (X)0.140.210.140.11-0.21

After reviewing the key financial ratios for Canara Bank, here is a detailed analysis based on the latest available data and recent trends:

  • For Basic EPS (Rs.), as of Mar 24, the value is 84.22. This value is within the healthy range. It has increased from 62.04 (Mar 23) to 84.22, marking an increase of 22.18.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 84.22. This value is within the healthy range. It has increased from 62.04 (Mar 23) to 84.22, marking an increase of 22.18.
  • For Cash EPS (Rs.), as of Mar 24, the value is 86.45. This value is within the healthy range. It has increased from 65.20 (Mar 23) to 86.45, marking an increase of 21.25.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 457.60. It has increased from 388.97 (Mar 23) to 457.60, marking an increase of 68.63.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 507.86. It has increased from 430.25 (Mar 23) to 507.86, marking an increase of 77.61.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 81.48. This value is within the healthy range. It has increased from 59.58 (Mar 23) to 81.48, marking an increase of 21.90.
  • For Net Profit Margin (%), as of Mar 24, the value is 13.37. This value exceeds the healthy maximum of 10. It has increased from 12.58 (Mar 23) to 13.37, marking an increase of 0.79.
  • For Return On Assets (%), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 5. It has increased from 0.81 (Mar 23) to 0.99, marking an increase of 0.18.
  • For Retention Ratios (%), as of Mar 24, the value is 80.88. This value exceeds the healthy maximum of 70. It has increased from 80.65 (Mar 23) to 80.88, marking an increase of 0.23.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Error: Data is incomplete for fair value calculation.

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Canara Bank:
    1. Net Profit Margin: 13.37%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 0% (Industry Average ROCE: 22.6%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 0% (Industry Average ROE: 12.68%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 4.7 (Industry average Stock P/E: 11.57)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
Industry not foundAddress not foundContact not found
Management Data not Available

FAQ

What is the latest intrinsic value of Canara Bank?

The latest intrinsic value of Canara Bank as on 11 March 2025 is ₹71.71, which is 15.64% lower than the current market price of 85.00, indicating the stock is overvalued by 15.64%. The intrinsic value of Canara Bank is calculated using PE ratio method. The stock has a market capitalization of ₹77,119 Cr. and recorded a high/low of ₹129/78.6 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹90,319 Cr and total liabilities of ₹1,535,018 Cr.

What is the Market Cap of Canara Bank?

The Market Cap of Canara Bank is 77,119 Cr..

What is the current Stock Price of Canara Bank as on 11 March 2025?

The current stock price of Canara Bank as on 11 March 2025 is ₹85.0.

What is the High / Low of Canara Bank stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Canara Bank stocks is ₹129/78.6.

What is the Stock P/E of Canara Bank?

The Stock P/E of Canara Bank is 4.70.

What is the Book Value of Canara Bank?

The Book Value of Canara Bank is 0.00.

What is the Dividend Yield of Canara Bank?

The Dividend Yield of Canara Bank is 3.79 %.

What is the ROCE of Canara Bank?

The ROCE of Canara Bank is 64.0 %.

What is the ROE of Canara Bank?

The ROE of Canara Bank is 17.9 %.

What is the Face Value of Canara Bank?

The Face Value of Canara Bank is 2.00.

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 Canara Bank. 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