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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Central Bank of India

About the Company - Central Bank of India

Central Bank of India is a Public Limited Listed company incorporated on 21/12/1911 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U99999MH1911PTC000337 and registration number is 000337. Currently Company is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 22801.65 Cr. and Equity Capital is Rs. 8680.94 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public Sector9th Floor, Mumbai Maharashtra 400021investors@centralbank.co.in
https://www.centralbankofindia.co.in
Management
NamePosition Held
Mr. M V RaoManaging Director & CEO
Mr. M V Murali KrishnaExecutive Director
Mr. Vivek WahiExecutive Director
Mr. Mahendra DohareExecutive Director
Mr. Pradip Pranlal KhimaniPart Time Non Official Director
Mr. Priavrat SharmaPart Time Non Official Director
Mr. Dinesh PangteyShareholder Director
Mr. Hardik Mukesh ShethGovernment Nominee Director
Mrs. Charulatha S KarNominee Director

Basic Stock Data of Central Bank of India

Last Updated: July 27, 2024, 1:54 pm

Market Cap 55,714 Cr.
Current Price 64.2
High / Low76.9/29.6
Stock P/E17.9
Book Value 37.3
Dividend Yield0.00 %
ROCE5.29 %
ROE8.71 %
Face Value 10.0
PEG Ratio0.41

Data Source: screener.in

Central Bank of India Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue5,8094,9005,4945,5186,0755,8165,5556,1846,7467,1717,2597,3777,842
Interest3,5713,3733,3563,3003,3243,3813,3973,4213,4443,6434,0624,3384,672
Expenses2,5604,8152,3432,8732,7022,3032,6713,0393,4014,0433,1183,5343,377
Financing Profit-321-3,289-205-65450132-513-276-99-51479-495-207
Financing Margin %-6%-67%-4%-12%1%2%-9%-4%-1%-7%1%-7%-3%
Other Income7758458291,0143042778329099191,4249591,0621,329
Depreciation0000000000000
Profit before tax454-2,4446243593534093196338209101,0385671,122
Tax %62%45%67%29%19%22%24%49%43%37%59%-7%35%
Net Profit169-1,442251203285345276344476592498623738
EPS in Rs0.28-2.450.290.230.330.390.310.390.550.680.570.720.85
Gross NPA %16.22%16.48%15.85%15.46%15.10%14.78%14.84%9.64%8.83%8.41%4.95%4.61%4.50%
Net NPA %4.71%5.75%5.08%4.50%4.37%3.96%3.93%2.95%2.09%1.77%1.75%1.64%1.28%

Last Updated: July 10, 2024, 4:01 pm

Central Bank of India Quarterly Chart

Central Bank of India Profit & Loss

Last Updated: July 10, 2024, 4:01 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue19,16921,89724,47826,47625,98824,77524,16322,74923,67622,83022,90325,65729,649
Interest13,98616,14117,96319,20018,88918,16617,60315,93516,00514,54313,36113,90516,714
Expenses5,7825,9069,4898,62011,52912,74414,01514,58012,13512,41910,47712,77814,072
Financing Profit-599-150-2,974-1,344-4,430-6,136-7,455-7,766-4,464-4,133-934-1,026-1,137
Financing Margin %-3%-1%-12%-5%-17%-25%-31%-34%-19%-18%-4%-4%-4%
Other Income1,4091,6771,9311,9002,0192,8712,6202,4163,6222,9942,9864,1644,774
Depreciation1441852092302402582602782852932973860
Profit before tax6671,342-1,252327-2,651-3,523-5,096-5,628-1,127-1,4311,7552,7523,637
Tax %18%23%0%-89%47%31%0%0%0%30%38%39%
Net Profit6161,071-1,209670-1,392-2,457-5,134-5,611-1,252-9951,0831,6882,451
EPS in Rs8.3310.22-8.994.02-8.26-12.93-19.63-13.88-2.20-1.701.241.932.82
Dividend Payout %24%24%0%12%0%0%0%0%0%0%0%0%

Central Bank of India Profit & Loss Yearly Chart

Central Bank of India Growth

Compounded Sales Growth
10 Years:2%
5 Years:6%
3 Years:11%
TTM:17%
Compounded Profit Growth
10 Years:15%
5 Years:20%
3 Years:68%
TTM:64%
Stock Price CAGR
10 Years:-1%
5 Years:28%
3 Years:36%
1 Year:108%
Return on Equity
10 Years:-5%
5 Years:2%
3 Years:6%
Last Year:9%

Last Updated: July 25, 2024, 7:08 am

Central Bank of India Balance Sheet

Last Updated: July 10, 2024, 4:01 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital7361,0451,3501,6581,6901,9022,6184,0475,7105,8768,6818,681
Reserves10,30912,87713,04316,07716,81816,30915,59215,34915,82720,62118,86820,536
Preference Capital1,6171,6171,617000000000
Borrowings209,154244,614262,481282,040276,189306,933301,380305,951320,277336,088350,828368,109
Other Liabilities9,97710,13013,22012,99111,9249,5517,7596,53815,3377,3908,9159,754
Total Liabilities230,176268,666290,095312,766306,621334,695327,349331,885357,151369,974387,292407,080
Fixed Assets2,4812,6922,8142,8434,3694,3004,3534,3204,3465,1424,9644,786
CWIP000000000000
Investments59,38872,75186,26289,92189,08792,277102,769125,453142,526148,518140,775136,569
Other Assets168,308193,223201,018220,001213,165238,118220,227202,112210,279216,315241,553265,725
Total Assets230,176268,666290,095312,766306,621334,695327,349331,885357,151369,974387,292407,080

Central Bank of India Reserves and Borrowings Chart

Central Bank of India Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -1,095-2,4902,27428161,871-44,376-14,5101,726-2,00314,277-8,786-5,910
Cash from Investing Activity -435-369-332-149-189-310-251-315-202-133-209-584
Cash from Financing Activity 1,4961,1535105991,5435,1546,7963,3965,055000
Net Cash Flow-34-1,7062,45273263,225-39,533-7,9654,8072,84914,143-8,995-6,494

Central Bank of India Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %9%-9%4%-8%-13%-28%-30%-6%-4%4%6%

Central Bank of India Financial Efficiency Indicators Chart

Central Bank of India Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters89.78%93.08%93.08%93.08%93.08%93.08%93.08%93.08%93.08%93.08%93.08%93.08%
FIIs0.06%0.01%0.11%0.10%0.11%0.09%0.10%0.19%0.19%0.15%0.16%0.07%
DIIs4.25%2.74%2.74%2.75%2.76%2.81%2.84%2.88%2.86%2.83%2.84%2.79%
Public5.91%4.17%4.07%4.07%4.05%4.02%3.98%3.84%3.85%3.95%3.91%4.04%
No. of Shareholders3,31,7193,56,9233,59,6763,68,2233,68,9393,70,0743,76,9924,15,8684,15,7924,34,3845,03,8975,29,591

Central Bank of India Shareholding Pattern Chart

No. of Central Bank of India Shareholders

Central Bank of India Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India ETF Nifty PSU Bank BeES5,290,7741.6127.14347,2312024-07-261423.7%
Kotak Nifty PSU Bank ETF3,875,9021.6119.88347,2312024-07-261016.23%
Nippon India Nifty Smallcap 250 Index Fund347,2310.261.78347,2312024-07-260%
Motilal Oswal Nifty Smallcap 250 Index Fund218,2620.261.12347,2312024-07-26-37.14%
SBI Nifty Smallcap 250 Index Fund158,6000.260.81347,2312024-07-26-54.32%
Shriram Flexi Cap Fund117,1200.980.6347,2312024-07-26-66.27%
ICICI Prudential Nifty Smallcap 250 Index Fund86,0800.260.44347,2312024-07-26-75.21%
DSP Nifty PSU Bank ETF59,6851.610.31347,2312024-07-26-82.81%
ICICI Prudential Nifty PSU Bank ETF41,6221.610.21347,2312024-07-26-88.01%
HDFC NIFTY Smallcap 250 ETF39,3040.260.2347,2312024-07-26-88.68%

Central Bank of India ROCE Trend

Central Bank of India EPS Trend

Central Bank of India Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.071.931.31-1.73-2.02
Diluted EPS (Rs.)3.071.931.31-1.73-2.02
Cash EPS (Rs.)3.542.301.57-0.99-1.47
Book Value[Excl.RevalReserv]/Share (Rs.)32.5929.4527.4630.4732.53
Book Value[Incl.RevalReserv]/Share (Rs.)37.2933.6631.7336.9337.72
Operating Revenue / Share (Rs.)35.5429.5626.3838.8541.47
Net Profit / Share (Rs.)2.971.851.23-1.50-1.97
Net Profit After MI / Share (Rs.)3.071.931.24-1.70-2.20
Net Profit Margin (%)8.356.274.64-3.84-4.76
Net Profit After MI And SOA Nargin (%)8.646.544.69-4.38-5.30
Operating Profit Margin (%)-6.92-9.64-8.30-17.69-20.06
Return On Assets (%)0.590.410.27-0.27-0.35
Return On Equity / Networth (%)9.426.564.51-5.58-6.76
Net Interest Margin (X)2.892.882.462.232.14
Cost To Income (%)58.1156.2644.2447.4245.50
Interest Income / Total Assets (%)6.886.305.916.176.62
Non-Interest Income / Total Assets (%)1.051.000.760.851.01
Operating Profit / Total Assets (%)-0.47-0.60-0.49-1.09-1.32
Operating Expenses / Total Assets (%)2.292.181.871.831.94
Interest Expenses / Total Assets (%)3.993.413.443.934.47
Enterprise Value (Rs.Cr.)434493.52361649.26328723.69313506.42297221.16
EV Per Net Sales (X)14.0814.1014.3513.7312.55
Price To Book Value (X)1.830.820.660.530.37
Price To Sales (X)1.680.810.690.420.29
Retention Ratios (%)100.00100.00100.00100.00100.00
Earnings Yield (X)0.050.080.06-0.10-0.18

Central Bank of India Profitability Ratios (%)

Central Bank of India Liquidity Ratios

Central Bank of India Liquidity Ratios (%)

Central Bank of India Interest Coverage Ratios (%)

Central Bank of India Valuation Ratios

Fair Value

Fair Value: 59.32

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.

Overvalued: 7.61% compared to the current price 64.2

Intrinsic Value: 84.94

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • 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.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

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

Undervalued: 32.30% compared to the current price 64.2

Last 5 Year EPS CAGR: 43.19%

*Investments are subject to market risks

Strength and Weakness of Central Bank of India Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Central Bank of India?

The latest fair value of Central Bank of India is ₹59.32.

What is the Market Cap of Central Bank of India?

The Market Cap of Central Bank of India is 55,714 Cr..

What is the current Stock Price of Central Bank of India as on 27 July 2024?

The current stock price of Central Bank of India as on 27 July 2024 is 64.2.

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

In FY 2024, the High / Low of Central Bank of India stocks is 76.9/29.6.

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

The Stock P/E of Central Bank of India is 17.9.

What is the Book Value of Central Bank of India?

The Book Value of Central Bank of India is 37.3.

What is the Dividend Yield of Central Bank of India?

The Dividend Yield of Central Bank of India is 0.00 %.

What is the ROCE of Central Bank of India?

The ROCE of Central Bank of India is 5.29 %.

What is the ROE of Central Bank of India?

The ROE of Central Bank of India is 8.71 %.

What is the Face Value of Central Bank of India?

The Face Value of Central 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 Central 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