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Central Bank Of India Stock Analysis

Mid Cap
Evaluated by 1828 users | BSE: 532885 | NSE: CENTRALBK |
Bank - Public
Central Bank of India was established in the year 1911. The bank was the vision of Sir Sorabji Pochkhanawala. Out of 29 states, CBI has presence in 27 states and in 4 union territories. It has a network of 3656 branches and 178 extension counters.Established in 1911, Central Bank of India was...

Analysis of Financial Track Record

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Net Interest Income (Rs. Cr.)5,3255,1695,7386,4947,2477,0666,5746,5176,7727,629
Y-o-Y Gr. Rt.33--2.9%11%13.2%11.6%-2.5%-7%-0.9%3.9%12.7%
Total Income16,48620,54523,52826,35028,30327,82727,53726,65825,05227,199
Y-o-Y Gr. Rt.-24.6%14.5%12%7.4%-1.7%-1%-3.2%-6%8.6%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
28.155.498.28-9.353.66-8.39-12.82-19.5-13.94-1.96
Y-o-Y Gr. Rt.--80.5%50.8%-212.9%NA-329.2%NANANANA
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
131.2121.42113.2491.3194.3385.1473.9356.7439.1932.34
Y-o-Y Gr. Rt.--7.5%-6.7%-19.4%3.3%-9.7%-13.2%-23.3%-30.9%-17.5%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1 : Not Good
Net Profit/Total Funds (%)0.640.240.41-0.450.2-0.46-0.76-1.55-1.72-0.33
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%): Colour Rating Guide
  • < 0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1: Not Good
Net NPA to Net Advances (%)0.653.092.93.753.617.3610.211.17.737.63
To view Capital Adequacy Ratio Colour Rating Guide click here
Capital Adequacy Ratio: Colour Rating Guide
  • > 12% : Very Good
  • 9%-12% : Somewhat Good
  • <9%: Not Good
Capital Adequacy Ratio - - - - - - - - - 11.95%
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Central Bank Of India should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Interest Income4.1%1%5.1%12.7%
Total Income5.7%-0.8%-0.4%8.6%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
-174.4%-188.3%NANA
Book Value per Share
-14.4%-19.3%-24.1%-17.5%
Share Price -22% -34% -48% -37.8%
Key Financial Ratios
RATIOS \ YEARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Interest Earned / Total Income92.3393.2192.9192.793.3193.0389.5690.1690.3786.63
Margins
To view Margins Colour Rating Guide click here
Margins: Colour Rating Guide
  • >2.75 : Very Good
  • 1.75-2.75 : Somewhat Good
  • <1.75 : Not Good
NIM (%)2.672.342.222.352.472.482.122.182.232.31
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15% : Very Good
  • 12%-15% : Somewhat Good
  • <12% : Not Good
Return on Equity (%)25.927.499.78-10.454.34-9.45-17.15-35.31-36.73-6.53
Liquidity Ratio
To view Liquidity Ratio Colour Rating Guide click here
Liquidity Ratio: Colour Rating Guide
  • >35 : Very Good
  • 25-35 : Somewhat Good
  • <25 : Not Good
CASA (%) 35.1733.2732.5533.3334.0535.4839.242.4646.2146.41
Entity Percentage Holding
Promoters 89.78%
Institutions 7.35%
Non-Institutions 2.88%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Central Bank Of India and arrived at the following conclusion:

Past 10 year's financial track record indicates that Central Bank Of India is a below average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Central Bank Of India's performance infers:

Central Bank Of India earnings have declined by -188.3%, whereas share price has depreciated -34% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Central Bank Of India share prices over the last 10 years. Here is what we found out:

Central Bank Of India share price has depreciated -25% annually over the past ten years.

Central Bank of India was established in the year 1911. The bank was the vision of Sir Sorabji Pochkhanawala. Out of 29 states, CBI has presence in 27 states and in 4 union territories. It has a network of 3656 branches and 178 extension counters.

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

Central Bank of India was established in the year 1911. The bank was the vision of Sir Sorabji Pochkhanawala. Out of 29 states, CBI has presence in 27 states and in 4 union territories. It has a network of 3656 branches and 178 extension counters.

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'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'.

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.

Among the Public Sector Banks, Central Bank of India can be truly described as an All India Bank, due to distribution of its large network in 27 out of 29 States as also in 3 out of 7 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3656 branches and 178 extension counters at various centres throughout the length and breadth of the country.

Product and services

Individual and NRI- CBI 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.

Corporates- To corporates it offers various products and services such as corporate accounts, loans, RTGS, NEFT, CMS, etc.

Rural- In order to provide financial assistance it offers products and services catering its various requirements.

It also has two subsidiaries namely Centbank Financial & Custodial Services and Centbank Home Finance. Centbank Financial & Custodial Services provides specialised services and facilities to protect investments and estates during owner’s lifetime and dispose them according to his will or trust.

Centbank Home Finance provides financial assistance for construction, purchase, extension and renovation of house.

Milestone

  • In the year 1921 bank introduced Home Savings Safe Deposit Scheme to build saving/thrift habits in all sections of the society.
  • CBI in 1924 introduced exclusive ladies department to serve banking services to women clientele.
  • In 1926 it introduced Safe Deposit Locker facility and Rupee Travellers' Cheques.
  • In the year 1976 it established merchant banking cell.
  • 1980 - Centralcard, the credit card of the Bank was introduced.
  • 1986 - 'Platinum Jubilee Money Back Deposit Scheme' was launched.
  • 1989 - The housing subsidiary Cent Bank Home Finance Ltd. was started with its headquarters at Bhopal in Madhya Pradesh.
  • 1994 - Quick Cheque Collection Service (QCC) & Express Service was set up to enable speedy collection of outstation cheques.

The bank turned of 100 years in 2010, started on 21st December 1911by Sir Sorabji Pochkhanwala.

 2010 -Central Bank of India has launched a new facility named- CentFast2India – in order remit funds online from United States to India.

2011 -Central bank of India launched Cent Double scheme that is designed to offer double the money deposited by the depositor, in seven-and-a-half year.

In 2011, Department of official language, Ministry of Home Affairs presented second prize to Dr. Ram S.Sangapure, General Manager of MMZO of Central Bank of India for the best implementation of official language in Zonal office.

In January 2011Central Bank of India was awarded SKOCH Award for its outstanding performance in JEEVIKA Project in Bihar. The Bank has made major contribution in socio-economic growth of underprivileged population living below the poverty line in the State through Self Help Group.

2012 -Central Bank of India has won the prestigious ‘GOLDEN PEACOCK HR EXCELLENCE AWARD’ '

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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