BSE: 532134 | NSE: BANKBARODA | Bank - Public | Large Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Bank Of Baroda is a average quality company.
The key valuation ratios of Bank Of Baroda's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bank Of Baroda is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income (₹ Cr.) | 13,187 | 12,740 | 13,513 | 15,522 | 18,480 | 27,451 | 28,809 | 32,621 | 41,356 | 44,722 | 46,116 | |
| YoY Gr. Rt. % | - | -3.4% | 6.1% | 14.9% | 19.1% | 48.5% | 5% | 13.2% | 26.8% | 8.1% | - | |
| Total Income | 47,366 | 49,060 | 48,958 | 50,306 | 56,065 | 86,301 | 83,429 | 81,365 | 99,614 | 1,27,101 | 1,32,751 | |
| YoY Gr. Rt. % | - | 3.6% | -0.2% | 2.8% | 11.5% | 53.9% | -3.3% | -2.5% | 22.4% | 27.6% | - | |
| Adj EPS (₹ ) | 15.4 | -23.4 | 6 | -9.2 | 1.6 | 1.2 | 1.6 | 14.1 | 27.3 | 34.4 | 37.1 | |
| YoY Gr. Rt. % | - | -252.4% | NA | -253.2% | NA | -28.1% | 35.6% | 778.8% | 94% | 26.1% | - | |
| BVPS (₹ ) | 175.7 | 156.6 | 159.4 | 152.1 | 156.6 | 142.4 | 149 | 166.1 | 189.9 | 217 | 244.7 | |
| YoY Gr. Rt. % | - | -10.9% | 1.8% | -4.6% | 3% | -9.1% | 4.7% | 11.5% | 14.3% | 14.3% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 0.5 | -0.8 | 0.2 | -0.3 | 0.1 | 0.1 | 0.1 | 0.6 | 1 | 1.2 | 1.1 | |
| To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net NPA to Net Advances (%) | 1.9 | 5.1 | 4.7 | 5.5 | 3.3 | 3.1 | 3.1 | 1.7 | 0.9 | 0.7 | 0.6 | |
| To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Capital Adequacy Ratio (%) | - | - | - | - | - | - | - | - | - | - | - | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 14.5% | 19.3% | 15.8% | 8.1% | ||||
| Total Income | 11.6% | 17.8% | 15.1% | 27.6% | ||||
| Adj EPS | 9.4% | 83.8% | 178.1% | 26.1% | ||||
| BVPS | 2.4% | 6.7% | 13.4% | 14.3% | ||||
| Share Price | 1.8% | 20.7% | 44% | 12.9% | ||||
| RATIOS \ YEARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned / Total Income | 90.71 | 89.81 | 86.2 | 86.77 | 88.77 | 88.04 | 84.5 | 85.89 | 89.94 | 88.6 | 88.9 | |
| Margins | To view Margins Colour Rating Guide click here ⓘ | |||||||||||
| NIM (%) | 1.9 | 2 | 2 | 2.3 | 2.5 | 2.5 | 2.7 | 2.7 | 3 | 2.9 | 2.8 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 9.2 | -14.4 | 3.8 | -6.3 | 1.1 | 1 | 1.2 | 8.9 | 15.3 | 16.9 | 13.8 | |
| Liquidity Ratio | To view Liquidity Ratio Colour Rating Guide click here ⓘ | |||||||||||
| CASA (%) | 26.4 | 26.4 | 32.2 | 35.8 | 35 | 35.3 | 40.2 | 41.5 | 39.5 | 38.8 | - | |
Return on Equity has increased versus last 3 years average to 16.00%
Total Income has increased 15.07 CAGR in last 3 years
Net Profit has increased 178.06 CAGR in last 3 years
Net NPA to Net Advances has declined versus last 3 years average
Total income growth is good in last 4 quarters
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 37.1 | 38.7 |
| TTM Sales (₹ Cr.) | 1,18,081 | 1,24,144 |
| BVPS (₹.) ⓘ | 244.7 | 261.4 |
| Reserves (₹ Cr.) ⓘ | 1,25,504 | 1,34,138 |
| P/BV ⓘ | 1.05 | 0.98 |
| PE ⓘ | 6.91 | 6.62 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 214.85 / 298.45 |
| All Time Low / High (₹) | 6.02 / 298.45 |
| Market Cap (₹ Cr.) | 1,32,361 |
| Equity (₹ Cr.) | 1,034.3 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 10.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 47,366 | 49,060 | 48,958 | 50,306 | 56,065 | 86,301 | 83,429 | 81,365 | 99,614 | 1,27,101 |
| Interest Income | 42,964 | 44,061 | 42,200 | 43,649 | 49,771 | 75,984 | 70,495 | 69,881 | 89,589 | 1,12,606 |
| Other Income ⓘ | 4,402 | 4,999 | 6,758 | 6,657 | 6,294 | 10,317 | 12,934 | 11,484 | 10,026 | 14,495 |
| Expenditure | 43,967 | 54,456 | 47,575 | 52,738 | 55,632 | 85,755 | 82,600 | 74,092 | 85,505 | 1,09,313 |
| Interest Expense | 29,776 | 31,321 | 28,687 | 28,127 | 31,290 | 48,532 | 41,686 | 37,259 | 48,233 | 67,884 |
| Operating Expenses | 7,674 | 8,923 | 9,296 | 10,173 | 11,288 | 18,872 | 20,544 | 21,716 | 24,518 | 28,252 |
| Provisions | 6,517 | 14,211 | 9,592 | 14,437 | 13,053 | 18,350 | 20,370 | 15,117 | 12,754 | 13,176 |
| Profit Before Tax | 5,421 | -6,698 | 2,473 | -2,791 | 698 | -1,802 | 5,556 | 9,386 | 19,727 | 24,890 |
| Taxes | 2,022 | -1,303 | 1,090 | -359 | 265 | -2,348 | 4,727 | 2,114 | 5,617 | 7,101 |
| Profit After Tax | 3,398 | -5,396 | 1,383 | -2,432 | 434 | 546 | 829 | 7,272 | 14,110 | 17,789 |
| Adjusted EPS (₹) | 15.37 | -23.42 | 6.00 | -9.19 | 1.64 | 1.18 | 1.60 | 14.06 | 27.28 | 34.40 |
| Dividend Payout Ratio (%) | 21% | 0% | 20% | 0% | 0% | 0% | 0% | 20% | 20% | 22% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Share Capital ⓘ | 444 | 462 | 462 | 530 | 530 | 925 | 1,036 | 1,036 | 1,036 | 1,036 |
| Total Reserves ⓘ | 39,392 | 39,737 | 39,841 | 42,864 | 45,411 | 70,931 | 76,010 | 84,874 | 97,187 | 1,11,188 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deposits | 6,17,560 | 5,74,038 | 6,01,675 | 5,91,315 | 6,38,690 | 9,45,984 | 9,66,997 | 10,45,939 | 12,03,688 | 13,26,958 |
| Borrowings ⓘ | 35,264 | 33,472 | 30,611 | 62,572 | 67,201 | 93,069 | 66,848 | 1,03,899 | 1,01,910 | 94,402 |
| Other Liabilities | 22,329 | 23,668 | 22,286 | 22,718 | 29,155 | 47,006 | 44,474 | 42,252 | 54,740 | 52,213 |
| Total Liabilities ⓘ | 7,14,989 | 6,71,376 | 6,94,875 | 7,20,000 | 7,80,987 | 11,57,916 | 11,55,365 | 12,78,000 | 14,58,562 | 15,85,797 |
Assets | ||||||||||
| Balance with RBI | 22,489 | 21,672 | 22,780 | 22,700 | 26,662 | 32,646 | 38,841 | 71,184 | 54,883 | 54,840 |
| Balance with Banks | 1,25,865 | 1,12,228 | 1,27,690 | 70,198 | 62,568 | 89,255 | 81,572 | 51,471 | 40,821 | 40,284 |
| Investments ⓘ | 1,16,812 | 1,20,451 | 1,29,631 | 1,63,185 | 1,82,298 | 2,74,615 | 2,61,220 | 3,15,795 | 3,62,485 | 3,69,817 |
| Advances | 4,28,065 | 3,83,770 | 3,83,259 | 4,27,432 | 4,68,819 | 6,90,121 | 7,06,301 | 7,77,155 | 9,40,998 | 10,65,782 |
| Net Block ⓘ | 2,875 | 6,254 | 5,758 | 5,367 | 6,990 | 8,889 | 8,016 | 9,922 | 8,707 | 7,913 |
| Other Assets | 18,883 | 27,002 | 25,757 | 31,119 | 33,651 | 62,390 | 59,415 | 52,472 | 50,668 | 47,162 |
| Total Assets ⓘ | 7,14,989 | 6,71,376 | 6,94,875 | 7,20,000 | 7,80,987 | 11,57,916 | 11,55,365 | 12,78,000 | 14,58,562 | 15,85,797 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 18,021 | -9,842 | 17,194 | -61,088 | -4,120 | 930 | -4,609 | 7,529 | -19,747 | -5,457 |
| Cash Flow From Investing Activity ⓘ | -539 | -3,995 | -426 | -563 | -3,957 | 141 | -269 | -3,967 | -1,563 | -575 |
| Cash Flow From Financing Activity ⓘ | -6 | -616 | -198 | 4,079 | 4,409 | 14,590 | 3,390 | -1,319 | -5,642 | 5,452 |
| Net Cash Flow ⓘ | 17,475 | -14,453 | 16,570 | -57,573 | -3,668 | 15,660 | -1,488 | 2,242 | -26,952 | -579 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | 15 | -23 | 6 | -9 | 2 | 1 | 2 | 14 | 27 | 34 |
| DPS (₹) | 3 | 0 | 1 | 0 | 0 | 0 | 0 | 3 | 6 | 8 |
| BVPS (₹) | 176 | 157 | 159 | 152 | 157 | 142 | 149 | 166 | 190 | 217 |
Margin Ratios | ||||||||||
| Yield on Advances (%) | 10.0 | 11.5 | 11.0 | 10.2 | 10.6 | 11.0 | 10.0 | 9.0 | 9.5 | 10.6 |
| Yield on Investments (%) | 8.9 | 9.8 | 10.2 | 7.5 | 7.6 | 7.6 | 7.8 | 6.4 | 6.4 | 7.1 |
| Cost of Liabilities (%) | 4.6 | 5.2 | 4.5 | 4.3 | 4.4 | 4.7 | 4.0 | 3.2 | 3.7 | 4.8 |
| NIM (%) | 1.9 | 2.0 | 2.0 | 2.3 | 2.5 | 2.5 | 2.7 | 2.7 | 3.0 | 2.9 |
| Interest Spread (%) | 5.5 | 6.3 | 6.5 | 5.9 | 6.2 | 6.3 | 6.0 | 5.8 | 5.8 | 5.8 |
Performance Ratios | ||||||||||
| ROA (%) | 0.5 | -0.8 | 0.2 | -0.3 | 0.1 | 0.1 | 0.1 | 0.6 | 1.0 | 1.2 |
| ROE (%) | 9.2 | -14.4 | 3.8 | -6.3 | 1.1 | 1.0 | 1.2 | 8.9 | 15.3 | 16.9 |
| ROCE (%) | 10.3 | -6.2 | 6.1 | -0.8 | 3.9 | 2.2 | 6.3 | 8.0 | 13.5 | 16.2 |
Efficiency Ratios | ||||||||||
| Cost to Income Ratio (%) | 43.6 | 50.3 | 45.9 | 45.9 | 45.6 | 50.0 | 49.2 | 49.2 | 47.7 | 47.7 |
| Operating Costs to Assets (%) | 1.1 | 1.3 | 1.3 | 1.4 | 1.5 | 1.6 | 1.8 | 1.7 | 1.7 | 1.8 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.9 | 0.9 | 1.1 | 0.9 | 0.8 | 0.4 | 0.5 | 0.7 | 0.9 | 1.2 |
Bank of Baroda (BoB) was founded by Maharaja Sayajirao Gaekwad in July 1908. The bank is an Indian state-owned International banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. Its headquarters is in Vadodara and it has a corporate office in the Mumbai. Vijaya Bank and Dena Bank amalgamated into Bank of Baroda with effect from April 1, 2019. The amalgamation provides significant long-term benefits to the Bank and its customers.
The bank has been investing in technology to improve customer experience. Initiatives such as digitising account opening through TAB Banking, revamping its mobile application, centralisation of back office operations, setting up an Analytics Centre of Excellence (ACoE) and Baroda Kisan platform for its farmers are efforts in that direction. It is expanding its digital focus even further with setting up of a dedicated Digital Lending Department which will exclusively cater to digital on-boarding and processing of loans for Retail and MSME customers using internal and external sources of information and state-of-the-art machine learning and algorithms.
The Bank is proactive in its approach towards empowering the unbanked segment by offering suitable financial products & services and making them financially literate. The Bank is consistently working towards strengthening the financial inclusion initiatives by leveraging the Government’s Digital programmes.
Business area of the bank
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.
Awards and Accolades
2013-14:
2014-15:
2015-16:
2016-17:
2017-18:
2018-19:
2019-20:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
