Central Bank Of India Stock Analysis

BSE: 532885 | NSE: CENTRALBK | Bank - Public | Large Cap

BSE Share Price 07-Dec-2022 18:17
28.15 1.75 (6.63%)

DeciZen - Make an Informed Decision on CentralBank of India

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

CentralBank of India Price Chart

P/E Ratio (SA) :
20.06
Market Cap :
22,917.7 Cr.
52-wk low :
16.1
52-wk high :
27.2
Bole Toh?

1. Is Central Bank Of India a good quality company?

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

2. Is Central Bank Of India undervalued or overvalued?

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

3. Is Central Bank Of India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Central 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 CentralBank 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.
Central 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.)5,7386,4947,2477,0666,5746,5176,7727,6298,2459,48710,051
YoY Gr. Rt. %-13.2%11.6%-2.5%-7%-0.9%3.9%12.7%8.1%15.1%-
Total Income23,52826,35028,30327,82727,53726,65825,05227,19925,84625,77026,508
YoY Gr. Rt. %-12%7.4%-1.7%-1%-3.2%-6%8.6%-5%-0.3%-
Adj EPS (₹ ) 8.3-9.43.7-8.4-12.8-19.5-13.9-2-1.51.21.3
YoY Gr. Rt. %--212.9%NA-329.2%NANANANANANA-
BVPS (₹ )113.291.394.385.173.956.739.232.330.527.428.1
YoY Gr. Rt. %--19.4%3.3%-9.7%-13.2%-23.3%-30.9%-17.5%-5.7%-10%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)0.4-0.50.2-0.5-0.8-1.6-1.7-0.3-0.20.30.2
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%)2.93.83.67.410.211.17.77.65.843
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 Income5.8%7.6%11.9%15.1%
Total Income1%-1.3%1%-0.3%
Adj EPS-19.3%NANANA
BVPS-14.6%-18%-11.2%-10%
Share Price -10% -18.6% 12.5% 30%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Interest Earned / Total Income92.9192.793.3193.0389.5690.1690.3786.6387.9588.4888.7
Margins To view Margins Colour Rating Guide click here
NIM (%)2.22.42.52.52.12.22.22.32.42.62.6
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)9.8-10.54.3-9.5-17.2-35.3-36.7-6.5-4.953.9
Liquidity Ratio To view Liquidity Ratio Colour Rating Guide click here
CASA (%)32.633.334.135.539.242.546.246.449.350.6-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.80%

Total Income has increased 0.95 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 - Central Bank Of India

Standalone Consolidated
TTM EPS (₹) 1.3 1.4
TTM Sales (₹ Cr.) 23,526 23,638
BVPS (₹.) 28.1 28.2
Reserves (₹ Cr.) 15,684 15,764
P/BV 0.94 0.94
PE 20.06 18.50
From the Market
52 Week Low / High (₹) 16.10 / 27.20
All Time Low / High (₹) 10.04 / 211.86
Market Cap (₹ Cr.) 22,918
Equity (₹ Cr.) 8,680.9
Face Value (₹) 10
Industry PE 13.3

Management X-Ray of CentralBank 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 CentralBank of India

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

News

Central Bank Of India FAQs

Company share prices are keep on changing according to the market conditions. The closing price of CentralBank of India on 07-Dec-2022 18:17 is : 28.15.
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 07-Dec-2022 18:17 the market cap of CentralBank of India stood at ₹ 22,917.7.
The latest PE ratio of CentralBank of India as of 07-Dec-2022 18:17 is 20.06.
The latest PB ratio of CentralBank of India as of 07-Dec-2022 18:17 is 0.94
The 52-week high of CentralBank of India is ₹ 27.20 and the 52-week low is ₹ 16.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of CentralBank of India is ₹ 23,526 ( Cr.) .

About Central Bank Of India

Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realization of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'.

In 2008 Central Bank of India entered into distribution tie up with Kotak Mahindra Asset Management Company. Under this agreement it will offer entire products of Kotak Mutual Fund products from the bank's branches.

Central Bank of India has signed a Memorandum of Understanding with WMG, an Academic Department, University of Warwick. The MOU provides for several areas of cooperation including provision of fast-track loans for Indian students studying at WMG and the building of cooperative relationships between UK and Indian business and also the development of a low cost housing project.

Business area of the bank

Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The products and services offered by the bank includes Individual and NRI- under which the bank offers wide range of product and services such as saving account, deposits, mutual funds, debit card, credit card, NRI account, Money transfer facility, Remittance facility, various loan facilities, senior citizen account, etc.For corporates it offers various products and services such as corporate accounts, loans, RTGS, NEFT, CMS, etc. 

Awards & Accolades

2016-17

  • During the Financial Year 2016-17, Bank received three first prizes for all three linguistic regions under “RBI Governor Shield Scheme.”
  • Bank was awarded “Rajbhasha Kirti Puraskaar” by President of India
  • Bank was also awarded first prize for Excellent Implementation of Official Language Policy of Government of India in Mumbai by a renowned organization “Ashirwad”

2017-18

  • During the financial year 2017-18, Bank was awarded for Excellent Performance in SHG Credit Linkage for the Financial Year 2016-17 by Ministry of Rural Development, Government of India.
  • During the Financial Year 2017-18, the Bank was also awarded various prizes for Excellent Implementation of Official Language Policy of Government of India.
  • As per the annual report published by Brand Finance, on the world’s most valuable Banking Brands 2018 in their February 2018 edition, the Bank stood at 9th Rank amongst PSU Banks in India and as per the annual ranking of most valuable 500 banking brands the Bank stood on 391th Rank amongst the 500 Banks in the world.
  • As per the “Most Trusted Brands 2017” Survey of Economic Times published in their February 14-20, 2018 Issue, the Bank progressed to 5th position in 2017 against the 6th position in 2016 amongst PSU Banks. As per the same survey under the category of “Best Service Brands” the bank has improved its rank to 17th in 2017 from 20th in the year 2016.
  • Acknowledging the initiatives taken by the bank in Cyber security domain, especially in “Education and Awareness” area, Bank has been awarded with Skoch Order-of-Merit award as well as Skoch Award Gold.

2018-19

  • The Bank received the Atal Pension Yojana Award from Department of Financial Services, Ministry of Finance, New Delhi for Leadership Capital to recognize the performance of Banks and their leadership in promoting the scheme in various geographical locations of the country.
  • The Bank was awarded by Indian Bank’s Association (IBA) for Most innovative Product Category

2019-20

  • The Bank has been qualified for Warriors of Winning Wednesday campaign in August, October and November 2019.
  • The Bank has been awarded winning shield in campaign MAKER OF EXCELLENCE-3, organised for Executive Directors, by enrolling 50000 APY as against target of 30000.
  • In Rise above Rest, the Bank has received 3 shields as award of excellence and 20 certificate of excellence.
  • LDM Amravati is qualified in Citizen Choice campaign
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