Bank of India Ltd
BANKINDIABank of India Ltd
BANKINDIA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 6.47 | 0.69 | 2.62% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.75 | 2.46 | 0.98% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bank of India is a bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking.
Peers
Compare with peersState Bank of India
Bank of Baroda Ltd
Punjab National Bank
Indian Overseas Bank
Canara Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 45,764.45 | 46,404.68 | 44,158.69 | 45,867.06 | 49,277.83 | 47,632.16 | 46,372.64 | 55,100.11 | 67,488.52 | 72,982.24 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 63,085.97 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 5,403.59 | 5,449.06 | 4,963.17 | 6,081.82 | 6,196.56 | 6,528.86 | 7,112.08 | 8,452.90 | 9,262.68 | |||||||||||
| Selling & Administrative Expenses | 1,414.24 | 1,558.69 | 1,615.43 | 1,668.45 | 1,734.58 | 1,903.50 | 2,032.68 | 2,332.22 | 2,451.89 | |||||||||||
| Operating & Other expenses | 43,269.01 | 41,816.32 | 45,718.28 | 46,331.04 | 45,646.39 | 35,660.10 | 31,201.37 | 37,832.52 | 44,890.08 | |||||||||||
EBITDA | -4,322.39 | -2,419.39 | -8,138.19 | -8,214.25 | -4,299.70 | 3,539.70 | 6,026.51 | 6,482.47 | 10,883.87 | 9,896.27 | ||||||||||
| Depreciation/Amortization | 289.96 | -7.23 | 521.68 | 372.84 | 391.96 | 380.09 | 371.68 | 426.51 | 508.70 | — | ||||||||||
| PBIT | -4,612.35 | -2,412.16 | -8,659.87 | -8,587.09 | -4,691.66 | 3,159.61 | 5,654.83 | 6,055.96 | 10,375.17 | 9,896.27 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | -4,612.35 | -2,412.16 | -8,659.87 | -8,587.09 | -4,691.66 | 3,159.61 | 5,654.83 | 6,055.96 | 10,375.17 | 9,896.27 | ||||||||||
| Taxes & Other Items | 1,591.91 | -942.06 | -2,698.56 | -3,160.52 | -1,640.62 | 1,076.84 | 2,162.26 | 2,218.00 | 3,810.71 | 2,371.73 | ||||||||||
| Net Income | -6,204.26 | -1,470.10 | -5,961.31 | -5,426.57 | -3,051.04 | 2,082.77 | 3,492.57 | 3,837.96 | 6,564.46 | 7,524.54 | ||||||||||
| EPS | -83.63 | -15.70 | -42.59 | -24.09 | -10.11 | 6.35 | 9.46 | 9.35 | 15.16 | 16.53 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 2.80 | 2.80 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.21 | 0.18 | 0.17 |
Company Updates
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Bank of India Ltd | 7.42 | 0.69 | 2.62% |
| State Bank of India | 11.23 | 1.75 | 1.62% |
| Bank of Baroda Ltd | 6.81 | 1.06 | 3.08% |
| Punjab National Bank | 13.14 | 1.08 | 1.38% |
Price Comparison
Compare BANKINDIA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Bank of India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI CONTRA FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4884% | Percentage of the fund’s portfolio invested in the stock 0.59% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 86/112 (-10) |
Aditya Birla Sun Life PSU Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4007% | Percentage of the fund’s portfolio invested in the stock 3.31% | Change in the portfolio weight of the stock over the last 3 months -0.28% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/47 (-3) |
SBI Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3738% | Percentage of the fund’s portfolio invested in the stock 0.64% | Change in the portfolio weight of the stock over the last 3 months -0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 78/86 (-9) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 18, 2024
Dividend/Share
₹2.80
Ex DateEx Date
Jun 18, 2024
Cash Dividend
Ex DateEx DateJun 20, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Jun 20, 2023
Cash Dividend
Ex DateEx DateJul 7, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Jul 7, 2022
Cash Dividend
Ex DateEx DateJul 10, 2015
Dividend/Share
₹5.00
Ex DateEx Date
Jul 10, 2015
Cash Dividend
Ex DateEx DateJan 23, 2014
Dividend/Share
₹5.00
Ex DateEx Date
Jan 23, 2014
Net profit of Bank of India rose 61.58% to Rs 2421.29 crore in the quarter ended September 2024 as against Rs 1498.55 crore during the previous quarter ended September 2023. Total Operating Income rose 15.96% to Rs 17465.81 crore in the quarter ended September 2024 as against Rs 15062.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income17465.8115062.00 16 OPM %68.7669.82 - PBDT3138.362977.44 5 PBT3138.362977.44 5 NP2421.291498.55 62 Powered by Capital Market - Live
Bank Of India with effect from 01st November 2024 has changed the Marginal Cost of Fund based Lending Rate (MCLR) w.e.f. 01.11.2024 in terms of Pricing Policy approved by Bank's Board. The revised rates stand as follows: Overnight MCLR ' 8.15%, 1 Month MCLR ' 8.40%, 3 Month MCLR ' 8.55%, 6 Month MCLR ' 8.85%, 1 Year MCLR ' 9.00%, and 3 Year MCLR ' 9.10%. Powered by Capital Market - Live
Bank of India will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live
Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 December 2024 .Powered by Capital Market - Live
Bank of India has come out with issue of Basel III Compliant Tier II Bonds amounting to Rs.2,500 crore (Including base size of Rs 1,000 crore and Green Shoe option of Rs 1,500 crore). Bank received total Bid of Rs 6,046 crore in overwhelming response from Investors and the issue was oversubscribed by 6.05 times against the base issue size. Further, Bank has decided to accept bids of Rs 2,500 crore at coupon rate of 7.49%. The deemed date of allotment is 26 September 2024. Powered by Capital Market - Live
Bank of India has received reaffirmation for the bank's existing long term infra bonds and new rating for long term infra bond and Tier II bond at IND AA+; Stable. Powered by Capital Market - Live
Bank of India is up for a fifth straight session in a row. The stock is quoting at Rs 120.12, up 0.57% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24824.75. The Sensex is at 81098.08, up 0.24%. Bank of India has added around 0.7% in last one month. Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has added around 2.06% in last one month and is currently quoting at 7012.45, up 0.82% on the day. The volume in the stock stood at 24.66 lakh shares today, compared to the daily average of 84.34 lakh shares in last one month.The PE of the stock is 8.4 based on TTM earnings ending June 24.Powered by Capital Market - Live
Bank of India rose for a third straight session today. The stock is quoting at Rs 119.33, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 24712.8. The Sensex is at 80888.47, up 0.58%. Bank of India has dropped around 2.2% in last one month. Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has dropped around 4.01% in last one month and is currently quoting at 6926.15, up 1.47% on the day. The volume in the stock stood at 30.75 lakh shares today, compared to the daily average of 88.6 lakh shares in last one month.The PE of the stock is 8.29 based on TTM earnings ending June 24.Powered by Capital Market - Live
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.03%, vs industry avg of 14.77%
Decreasing Market Share
Over the last 5 years, market share decreased from 6.93% to 4.91%