Bank Of India Stock Analysis

BSE: 532149 | NSE: BANKINDIA | Bank - Public | Large Cap

BSE Share Price 29-Nov-2022 18:01
83.75 2.40 (2.95%)

DeciZen - Make an Informed Decision on Bank Of India

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Bank Of India Price Chart

P/E Ratio (CD) :
10.45
Market Cap :
33,382.5 Cr.
52-wk low :
40.4
52-wk high :
84.6
Bole Toh?

1. Is Bank Of India a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bank Of India is a below average quality company.

2. Is Bank Of India undervalued or overvalued?

The key valuation ratios of Bank Of India's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Bank Of India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bank Of India is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Bank Of India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bank Of India has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Net Interest Income (₹ Cr.)9,13510,95511,46511,84811,97910,63413,79815,39914,43314,19716,691
YoY Gr. Rt. %-19.9%4.7%3.3%1.1%-11.2%29.8%11.6%-6.3%-1.6%-
Total Income35,88042,44447,96345,76446,40544,15945,79649,40047,75046,29147,033
YoY Gr. Rt. %-18.3%13%-4.6%1.4%-4.8%3.7%7.9%-3.3%-3.1%-
Adj EPS (₹ ) 47.346.530.3-76-13.9-34.2-19.7-9.36.48.57.8
YoY Gr. Rt. %--1.7%-34.9%-351%NANANANANA33.8%-
BVPS (₹ )390.8420.9435.7318.8248.1178.7133118.1124.1120.7123.9
YoY Gr. Rt. %-7.7%3.5%-26.8%-22.2%-28%-25.6%-11.2%5.1%-2.8%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)0.70.50.3-1-0.3-1-0.9-0.50.30.50.4
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)2.123.47.86.98.35.63.93.42.3-
To view Capital Adequacy Ratio (%) Colour Rating Guide click here
Capital Adequacy Ratio (%)-----------

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income5%3.5%1%-1.6%
Total Income2.9%-0.1%0.4%-3.1%
Adj EPS-17.4%NANA33.8%
BVPS-12.2%-13.4%-3.2%-2.8%
Share Price -11.2% -15.7% 3.3% 52.7%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Interest Earned / Total Income89.4589.8291.0891.9885.386.7689.5486.2285.5682.787
Margins To view Margins Colour Rating Guide click here
NIM (%)2.121.9221.82.32.52.122.1
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)12.610.96.2-23-6.1-21.2-16.2-7.85.57.66.3
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)25.622.922.325.831.83435.836.536.640-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.40%

Total Income has increased 0.36 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

Net Profit has declined 0.00 CAGR in last 3 years

Latest Financials - Bank Of India

Standalone Consolidated
TTM EPS (₹) 7.7 7.8
TTM Sales (₹ Cr.) 40,702 40,915
BVPS (₹.) 120.3 123.9
Reserves (₹ Cr.) 45,266 46,753
P/BV 0.68 0.66
PE 10.58 10.45
From the Market
52 Week Low / High (₹) 40.40 / 84.60
All Time Low / High (₹) 8.75 / 588.00
Market Cap (₹ Cr.) 33,383
Equity (₹ Cr.) 4,103.6
Face Value (₹) 10
Industry PE 13

Management X-Ray of Bank Of India :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Bank Of India

Adj EPS (Rs.)
Total Income (Cr.)
ROE (%)
BVPS (Rs.)

News

Bank Of India FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bank Of India on 29-Nov-2022 18:01 is : 83.75.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Nov-2022 18:01 the market cap of Bank Of India stood at ₹ 33,382.5.
The latest PE ratio of Bank Of India as of 29-Nov-2022 18:01 is 10.58.
The latest PB ratio of Bank Of India as of 29-Nov-2022 18:01 is 0.68
The 52-week high of Bank Of India is ₹ 84.60 and the 52-week low is ₹ 40.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Bank Of India is ₹ 40,702 ( Cr.) .

About Bank Of India

Bank of India (BoI) was founded on September 07, 1906 by a group of eminent businessmen from Mumbai. The bank was under private ownership and control till July 1969 when it was nationalized along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of Rs 50 lakh and 50 employees, the bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the bank occupies a premier position among the nationalized banks.

The bank has many branches in India spread over all states/ union territories including specialized branches. These branches are controlled through Zonal Offices and NBG Offices. The bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.
While firmly adhering to a policy of prudence and caution, the bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The bank has been the first among the nationalized banks to establish a fully computerized branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The bank is also a founder member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.

Business area of the bank

Bank of India provides a wide range of products and services in deposits, loans, NRI banking, cards, and online services such as Internet banking. Also a wide variety of new products and services like Kits introduced for NRI Customers opening NRE/ NRO accounts at foreign centers, Launched Marathi version of the Bank’s website, Enabling internet banking customers to make online Fixed Deposit, etc.

Awards and recognition

2012-13:

  • The Bank has been awarded as ‘The Best Bank for excellence in AADHAR related UIDAI programme of Government of India at the hands of Prime Minister at DODU village near Jaipur in Rajasthan’.
  • The Bank has been awarded the ‘Outlook Money Award 2012’ for ‘Best Education Loan’ provider.
  • Bank has been declared ET’s 2nd Most Trusted Brand in India.
  • The Bank has been conferred with National Award-2011 for implementing PMEGP scheme in West Zone.

2013-14:

  • Bank received ‘MSME Excellence Award 2013’ at the hands of Deputy Chairman, Planning Commission, Government of India.
  • Bank received ‘IBA Instituted award at BANCON 2013’ for “Most Innovative Mass Retail Lender” for underserved segments.
  • Bank has been awarded the ‘Outlook Money Award 2012’ for ‘Best Education Loan provider’.

2014-15:

  • Bank received ‘Best MSME Bank’ and ‘Best Bank for Operational Performance’ awards.
  • Bank received ‘Outlook Money Award’ for ‘Best Home Loan Provider’ under Runner up category.
  • Bank received Skoch Group ‘Financial Inclusion Deepening Award’.
  • Bank won ‘IT excellence award’ by ETNOW and VMWare for effectively implementing Virtualization in the Bank.
  • Bank received ‘Best HR Technology award, 2014’ from Banking Frontiers at Mumbai.

2015-16:

  • Bank has been rated by ET Bureau as the ‘Second Most Trusted Brand’ in India among the PSU banks in November, 2015.

2016-17:

  • Bank of India has been ranked as the 2nd Most Trusted Bank in the PSU Bank category by Economic Times.
  • Bank awarded as Best Bank for Managing IT Ecosystem among Large Banks in IDRBT Banking Technology Excellence Awards for FY 2015-16.
  • Bank received the Best Bank Award for Electronic Payments among Large Banks from IDRBT Banking Technology Excellence Awards for FY 2015-16.

2017-18:

  • Bank of India ranked as the 2nd Most Trusted Bank in the PSU Bank category by Economic Times.
  • Bank of India has been conferred ‘Market Achievers’ Award’ in Currency Derivatives Segment amongst Public Sector Banks by NSE.
  • Bank of India awarded as ‘Best Performer in Currency Derivative Segment’ amongst all Banks’ Category by BSE.
  • Bank of India awarded as ‘The Most Efficient Bank in Kenya’ by Think Business Banking Award 2018.
  • Bank of India-Uganda Subsidiary awarded for ‘Best Company Keeping Image High Award 2018’ from Indian Business Forum, Uganda.

2018-19:

  • 2nd Most Trusted Bank in the PSU Bank category by Economic Times.
  • ‘Market Achievers’ Award’ in Currency Derivatives Segment amongst Public Sector Banks by NSE.
  • ‘Best Performer in Currency Derivative Segment’ amongst all Banks’ Category by BSE.
  • Bank has been conferred Second Position among PSU Banks for performance under Sukanya Samriddhi by the National Savings Institute (Ministry of Finance) for the year 2017-18.
  • Bank of India awarded APY- Makers of Excellence Award by PFRDA for enrolment in APY in November, 2018.
  • ‘India’s Top Organisation with Innovative HR Practices’ award in PSUs in the Asia Pacific HRM Congress in Bengaluru.

2019-20:

  • Bank of India won the second Most Trusted Brand Award in the Banks category awarded by the Reader’s Digest Trusted Brand, 2019.
  • In the India Banking Summit & Awards 2019, Bank of India ranked as Best Public Sector Bank 2019 by Synnex Group. 
  • Best Performing Public Sector Bank in APY Formation Day Campaign (FY2019-20) by PFRDA.
  • ETBFSI Excellence Awards 2019- Most Innovative Large Size Bank of the Year for QR Cash.
  • Bank of India has been conferred CSO-100 Award-2019 from IDG Media for Implementation of Best Information Security Practices.
  • Bank has won Infosys Finacle Clients Innovation Award 2019.
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