MarketFriction

Bank of India

NSE BANKINDIA · BSE 532149 · Public Sector Bank
₹129.48 -0.58%
NSE close2026-10-01
52 week range118.90 - 178.36
Market cap₹59,235 Cr.
P/E5.03
Nifty 200Nifty 500Nifty Midcap 100Midcap 150Nifty PSU Bank No price band Delivery 36.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue15,06215,31916,25017,04617,46618,31718,47918,46718,52119,05219,57320,097
Interest9,2569,79210,24210,69311,40312,16612,33312,32112,53012,50412,78513,156
Expenses4,5464,1906,0415,2695,4564,4856,0505,3994,8495,2015,9895,390
Financing Profit1,2601,337-331,0846071,666977471,1421,3468001,551
Financing Margin %8%9%-0%6%3%9%1%4%6%7%4%8%
Other Income1,7171,2021,8301,3382,5321,7803,4551,6922,2182,3273,2802,615
Depreciation000000000000
Profit before tax2,9772,5391,7972,4223,1383,4473,5512,4393,3613,6744,0794,167
Tax %50%25%17%28%24%26%25%28%25%25%25%25%
Net Profit1,4991,9311,5741,8902,4222,6382,6021,8312,5762,8143,0893,304
EPS in Rs3.654.243.464.155.325.795.724.025.666.186.787.25
Gross NPA %
Net NPA %
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue42,09339,58538,31341,00542,59140,85438,28147,93261,07371,30875,61377,244
Interest30,24527,60627,67927,20727,19126,42124,08327,44137,75746,59450,13950,975
Expenses19,84221,21824,61826,87426,38617,67216,26321,17718,84820,65620,70821,429
Financing Profit-7,994-9,239-13,984-13,076-10,987-3,239-2,065-6864,4694,0574,7664,840
Financing Margin %-19%-23%-36%-32%-26%-8%-5%-1%7%6%6%6%
Other Income3,6726,8195,8464,8626,6876,7788,0927,1686,4159,3179,73710,441
Depreciation290-75223733923803724275096047310
Profit before tax-4,612-2,412-8,660-8,587-4,6923,1605,6556,05610,37512,77113,77315,281
Tax %37%-34%-30%-37%-35%34%38%37%37%25%25%
Net Profit-6,276-1,492-5,982-5,426-3,0512,0813,4873,8396,5679,55210,30911,783
EPS in Rs-75.98-13.94-34.20-19.67-9.316.368.519.3514.4220.9722.6425.87
Dividend Payout %0%0%0%0%0%0%24%21%19%19%21%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%13%16%6%
Compounded Profit Growth14%39%42%19%
Stock Price CAGR1%18%6%5%
Return on Equity3%10%12%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6668171,0551,7442,7603,2783,2784,1044,1044,5534,5534,553
Reserves31,85732,52832,57435,01344,89241,79546,70352,41856,32966,02876,17285,405
Deposits536,932515,722542,352522,997522,555557,386629,098629,981672,194740,611819,806930,973
Borrowing37,64951,10339,49143,59844,26539,75232,46426,82165,01580,960123,869118,626
Other Liabilities18,04616,45716,55311,83316,40920,80521,24429,80728,39332,12732,02439,980
Total Liabilities625,150616,628632,026615,184630,881663,017732,786743,131826,036924,2801,056,4251,179,538
Fixed Assets5,8028,3828,3498,1928,7998,7658,6379,5709,95010,17811,86511,670
CWIP113191197158200293364286110150182207
Investments123,196122,621130,751140,321150,905162,323191,693180,274211,324234,592268,002279,084
Other Assets496,040485,435492,729466,513470,977491,636532,092553,001604,652679,361776,376888,577
Total Assets625,150616,628632,026615,184630,881663,017732,786743,131826,036924,2801,056,4251,179,538
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14,63818,311-6,624-7,366-9,218-4,82737,868-35,487-7,045-4,43718,5344,753
Cash from Investing Activity-755-609-371-26071-232-182-644-521-991-854-329
Cash from Financing Activity1,2954,8643,9557,1857,983-3,1922,3981,1465413,86834-5,672
Net Cash Flow15,17922,566-3,040-440-1,164-8,25140,085-34,985-7,026-1,56017,714-1,248
Free Cash Flow14,06617,814-6,910-7,620-9,090-5,18437,538-36,035-7,569-5,26417,8613,907
CFO/OP52%84%-42%-43%-41%-24%160%-159%-28%-13%37%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %6%-19%-4%-17%-14%-7%4%6%6%10%12%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters81.41%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%73.38%
FIIs2.92%4.31%4.52%3.61%3.21%2.92%3.88%3.53%4.24%5.82%7.26%6.87%
DIIs9.55%14.65%15.82%15.46%16.26%16.40%15.90%15.97%15.63%15.18%13.96%13.96%
Public6.11%7.65%6.27%7.55%7.13%7.30%6.83%7.13%6.76%5.62%5.40%5.78%
No. of Shareholders5,16,2025,77,9926,17,2387,05,5996,92,2297,13,0277,26,1677,15,7856,95,9966,38,6396,26,1895,95,832

Fundamentals

Market Cap₹ 59,235 Cr.
Current Price₹ 130
Stock P/E5.03
Book Value₹ 200
ROCE5.93 %
ROE12.4 %
Dividend Yield3.57 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 58,958 Cr
Enterprise valueRs 1,060,896 Cr
P/E (TTM)5.01x
Price to book0.66x
Price to sales0.76x
EV / EBITDA15.84x
EV / EBIT16.01x
EV / sales13.73x
Price to cash flow12.40x
Earnings yield19.98%
Dividend yield3.59%
P/E, 3-year average6.89x
P/B, 3-year average0.73x
P/E, 5-year average6.81x
P/B, 5-year average0.60x
Profitability
Operating margin (excl. other income)72.61%
Operating margin (incl. other income)85.49%
EBITDA margin86.72%
Pre-tax margin19.78%
Net profit margin15.25%
Net margin, latest quarter16.43%
ROE12.08%
ROCE5.91%
ROA0.92%
ROE, 3-year average11.57%
ROCE, 3-year average5.93%
ROA, 3-year average0.88%
ROE, 5-year average9.57%
ROCE, 5-year average5.28%
ROA, 5-year average0.72%
ROIC (approx.)4.54%
Tax rate25.15%
Other income / net worth10.82%
Growth
Sales growth (latest year)6.04%
Profit growth (latest year)7.94%
Sales CAGR, 3 years16.41%
Sales CAGR, 5 years13.10%
Profit CAGR, 3 years39.00%
Profit CAGR, 5 years37.69%
Sales growth QoQ2.67%
Profit growth QoQ6.96%
Sales growth YoY (latest quarter)8.83%
Profit growth YoY (latest quarter)80.51%
Per share
EPS (TTM)Rs 25.87
EPS (latest year)Rs 22.63
EPS (latest quarter)Rs 7.25
EPS, 3-year averageRs 19.34
EPS, 5-year averageRs 15.18
Book value per shareRs 197.56
Sales per shareRs 169.64
Cash flow per shareRs 10.44
Free cash flow per shareRs 8.58
Dividend per share (latest year)Rs 4.65
Dividend per share, 3-year averageRs 3.83
Dividend per share, 5-year averageRs 3.10
Dividends
Dividend payout20.54%
Dividend payout, 3-year average19.76%
Dividend payout, 5-year average20.83%
Efficiency
Asset turnover0.06x
Fixed asset turnover6.48x
Leverage
Total debtRs 1,049,599 Cr
Cash and bankRs 47,660 Cr
Net debtRs 1,001,939 Cr
Debt to equity11.67x
Net debt / EBITDA14.96x
Interest coverage1.30x
Owners' fund to total sources7.63%
Debt to assets88.98%
Cash flow
Cash from Operating Activity (latest year)Rs 4,753 Cr
Cash from Investing Activity (latest year)Rs -329 Cr
Cash from Financing Activity (latest year)Rs -5,672 Cr
Net Cash Flow (latest year)Rs -1,248 Cr
Free cash flow (latest year)Rs 3,907 Cr
FCFE (approx.: FCF + change in debt)Rs 109,831 Cr
Cash from ops / profit, 5 years-0.70x
Sales to cash flow15.91x
Statement figures
Net sales (TTM)Rs 77,244 Cr
Net sales (latest year)Rs 75,613 Cr
Sales (latest quarter)Rs 20,097 Cr
Operating profit excl. other income (latest year)Rs 54,906 Cr
Operating profit (latest quarter)Rs 14,707 Cr
Other income (TTM)Rs 10,441 Cr
EBITDA (TTM)Rs 66,986 Cr
PBDT (TTM)Rs 16,012 Cr
Profit before tax (TTM)Rs 15,281 Cr
Tax (latest year)Rs 3,463 Cr
Net profit (TTM)Rs 11,779 Cr
Net profit (latest year)Rs 10,306 Cr
Net profit (latest quarter)Rs 3,303 Cr
Depreciation (TTM)Rs 731 Cr
Interest (TTM)Rs 50,975 Cr
Cost of goods sold (latest year)Rs 112 Cr
Total expenditure (latest year)Rs 20,708 Cr
Total income (latest year)Rs 85,351 Cr
Share capitalRs 4,553 Cr
ReservesRs 85,405 Cr
Shareholders' fundsRs 89,959 Cr
Total assetsRs 1,179,538 Cr
Net blockRs 11,670 Cr
Capital work in progressRs 207 Cr
InvestmentsRs 279,084 Cr
Other liabilitiesRs 39,980 Cr
Shares outstanding (crore)455.34
Ownership
Promoter holding73.38% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 5.0 is the lowest in its own 5.4-year history (median 8.4, low 5.0, high 18.4).
P/B 0.66 is at the 35th percentile (median 0.71).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBANKINDIANifty 50Difference
1 week-6.0%-2.8% -3.2 pts
1 month-9.0%-6.8% -2.2 pts
3 months-10.1%-7.6% -2.5 pts
6 months-5.5%+0.4% -5.9 pts
1 year+8.1%-9.9% +18.0 pts
2 years+15.2%-13.6% +28.8 pts
3 years+18.4%+14.2% +4.2 pts
5 years+128.8%+27.9% +100.9 pts
129 mutual fund schemes hold about ₹2,362 Cr. Over three months 94 bought more and 23 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Midcap Fund1.31%274 +8%
Nippon India Growth Mid Cap Fund0.39%205 +6%
Aditya Birla SL PSU Equity Fund3.12%190 +11%
Kotak Arbitrage Fund(M0.23%175 -14%
SBI Banking & Financial Services Fund1.44%157 +104%
SBI Arbitrage Fund0.27%129 +15%
Tata Arbitrage Fund0.36%89 -12%
Bandhan Large & Mid Cap Fund0.36%75 +100%
HDFC Arbitrage Fund(M0.28%72 +29%
HDFC Large & Mid Cap Fund0.17%53 +9%
Aditya Birla SL Arbitrage Fund0.19%52 +6%
WOC Mid Cap Fund0.69%52 +100%
ICICI Pru Banking & Fin Serv Fund0.44%50 +9%
ICICI Pru Banking & Fin Serv Fund0.44%49 +9%
Aditya Birla SL Midcap Fund0.69%48 +7%
SBI Contra Fund0.10%47 +11%
Aditya Birla SL Midcap Fund0.69%46 +7%
ICICI Pru Arbitrage Fund0.11%37 +12%
Bandhan Arbitrage Fund(M0.46%37 -0%
Bandhan Arbitrage Fund0.46%36 -0%
Edelweiss Arbitrage Fund0.24%35 +17%
ICICI Pru PSU Equity Fund1.87%35 +34%
DSP Banking & Financial Services Fund1.48%32 +100%
Motilal Oswal BSE Enhanced Value Index Fund1.40%31 +13%
Sundaram Multi Cap Fund0.91%28 +7%

Red flags

F-score 5 of 8
explainLow interest cover Interest cover 1.3x in 2026
lookProfit leans on other income Other income was 71% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2019-04-20President of IndiaPromoter Groupother517,633,928Rs 4638.00 CrPreferential Offer
2019-02-16President of IndiaPromotersother953,758,865Rs 953.76 CrPreferential Offer
2018-03-27Government of IndiaPromotersother558,432,131Rs 9232.00 CrPreferential Offer
2018-03-27Government of IndiaPromotersother558,432,131Rs 9232.00 CrPreferential Offer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹20,097 Cr +8.8% vs Jun 2025. Net profit ₹3,304 Cr +80.4%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
State Bank of India890,49210.66.13 %
Punjab National Bank128,4345.816.13 %
Union Bank of India126,7186.146.30 %
Bank of Baroda117,7425.335.63 %
Canara Bank108,4035.466.52 %
Indian Bank107,1178.386.32 %
Bank of Maharashtra60,8868.086.03 %
Indian Overseas Bank59,59910.46.07 %
UCO Bank28,90410.35.55 %
Central Bank of India27,1905.965.64 %
Punjab & Sind Bank14,97910.85.95 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-05-29Dividend - Rs 4.65 Per Share
2025-06-20Dividend - Rs 4.05 Per Share
2024-06-18Annual General Meeting/Dividend - Rs 2.80 Per Share
2023-06-20Dividend - Rs 2 Per Share
2022-07-07Annual General Meeting/Dividend - Rs 2 Per Share
2021-07-14 Annual General Meeting
2020-08-03 Annual General Meeting
2019-06-20 Annual General Meeting
2018-07-05 Annual General Meeting
2017-07-06 Annual General Meeting
2016-07-07 Annual General Meeting
2015-07-10Annual General Meeting/Dividend Rs 5/- Per Share
2014-07-03Annual General Meeting
2014-01-23Interim Dividend - Rs 5/- Per Share (Purpose Revised)
2013-06-20Annual General Meeting / Dividend - Rs.10/- Per Equity Share
2012-06-21Annual General Meeting/Dividend Rs 7 Per Share
2011-07-07Annual General Meeting And Dividend Rs.7/- Per Share
2010-07-08Annual General Meeting And Dividend Rs.7/- Per Share
2009-07-02Agm/Div-Rs.5/- Per Share
2009-03-13Interim Dividend - 30% Purpose Revised
2008-07-03Agm/Dividend - 40%
2007-06-29Agm/Dividend-15%
2006-12-19Dividend -20%
2006-07-04Agm/Dividend-30%
DateTypeWhat it says
2026-09-30Credit RatingCredit Rating
2026-09-30Concall / analyst meetAnalyst/Investor meet on 30.09.2026
2026-09-30UpdatesRedemption of Bond.
2026-09-30UpdatesIntimation of Bond Redemption.
2026-09-29General UpdatesChange in FRS w.e.f 01-10-2026
2026-09-28General UpdatesEstablishment of Euro Medium Term Note Programme.
2026-09-28Concall / analyst meetOutcome of virtual Group Meet
2026-09-22Concall / analyst meetSchedule of meet
2026-09-22Concall / analyst meetAnalyst/Investor Meet as on 22-09-2026
2026-09-18Concall / analyst meetInvestor/Analyst Meet as on 18-09-2026
2026-09-15Concall / analyst meetAnalyst/Investor Meet as on 15-09-2026
2026-09-15Concall / analyst meetAnalyst/Investor Meet as on 15-09-2026
2026-09-14Concall / analyst meetAnalyst/Investor meet on 14.09.2026
2026-09-10Concall / analyst meetAnalyst/Investor Meet on 10.09.2026
2026-09-09Concall / analyst meetOutcome of Meet
2026-09-08Investor PresentationInvestor Presentation
2026-09-08Credit RatingCredit Rating
2026-09-07Concall / analyst meetAnalyst/Investor Meet as on 07-09-2026
2026-09-04General UpdatesSchedule of Non-deal Roadshow with respect to fund raising through EMTN Program
2026-09-04General UpdatesNotice of Strike
2026-09-03General UpdatesRedemption of Basel III compliant Tier II Bonds - Intimation of Record Date.
2026-09-02Concall / analyst meetOutcome of Physical Group Meet
2026-08-31General UpdatesChange in FRS w.e.f 01-09-2026
2026-08-28Credit RatingCredit Rating
2026-08-28Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.94
Max pain (expiry 2026-10-27)135
Largest call open interest at145
Largest put open interest at135
Implied volatility, at the money33.2%
Underlying at snapshot129.48
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30501
2026-09-295,200
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-12NCLTSmall Industries Development Bank of India Vs Megma RFID & Labels Pvt Ltd
2021-08-09NCLTBank of India Vs Multi Arc Coating and Straps Ltd.
2021-08-09NCLTBank of India Vs Narula Oil & Fats Pvt. Ltd.
2021-08-04NCLTBank of India Vs M/s BTM Exports Limited
2021-08-04NCLTSmall Industries Development Bank of India Vs
2021-08-04NCLTSmall Industries Development Bank of India Vs
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Bank of India?

Bank of India (BANKINDIA) has a market capitalisation of Rs 59,235 Cr. at the 2026-10-01 close.

What is the P/E ratio of Bank of India?

Bank of India trades at a P/E of 5.03 on trailing twelve-month profit, at the 2026-10-01 close.

What were Bank of India's latest quarterly results?

In the Jun 2026 quarter, Bank of India revenue was Rs 20,097 Cr (+8.8% vs Jun 2025) and net profit was Rs 3,304 Cr.

What is the 52-week high and low of Bank of India?

The 52-week high is Rs 178.36 and the 52-week low is Rs 118.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03