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Central Bank Of India Stock Analysis

Mid Cap
Evaluated by 1977 users | BSE: 532885 | NSE: CENTRALBK |
Bank - Public

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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Net Interest Income (Rs. Cr.)5,1695,7386,4947,2477,0666,5746,5176,7727,6298,2458,234
Y-o-Y Gr. Rt.-11%13.2%11.6%-2.5%-7%-0.9%3.9%12.7%8.1%-
Total Income20,54523,52826,35028,30327,82727,53726,65825,05227,19925,89725,416
Y-o-Y Gr. Rt.-14.5%12%7.4%-1.7%-1%-3.2%-6%8.6%-4.8%-
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
5.498.28-9.353.66-8.39-12.82-19.5-13.94-1.96-1.51-0.94
Y-o-Y Gr. Rt.-50.8%-212.9%NA-329.2%NANANANANA-
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
121.42113.2491.3194.3385.1473.9356.7439.1932.3430.4926.40
Y-o-Y Gr. Rt.--6.7%-19.4%3.3%-9.7%-13.2%-23.3%-30.9%-17.5%-5.7%-
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 (%)0.240.41-0.450.2-0.46-0.76-1.55-1.72-0.33-0.24-0.37
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 (%)3.092.93.753.617.3610.211.17.737.635.775.09
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 - - - - - - - - - 14.27%-
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
  10 yrs 5 yrs 3 yrs 1 yr
Net Interest Income5.3%3.1%8.2%8.1%
Total Income2.6%-1.4%-1%-4.8%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
-186.6%NANANA
Book Value per Share
-14.2%-18.6%-18.7%-5.7%
Share Price -13.6% -23.6% -6.9% 112.2%
Key Financial Ratios
RATIOS \ YEARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Interest Earned / Total Income93.2192.9192.793.3193.0389.5690.1690.3786.6387.7787.32
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 (%)2.342.222.352.472.482.122.182.232.312.42.22
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 (%)7.499.78-10.454.34-9.45-17.15-35.31-36.73-6.53-4.88-6
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 (%) 33.2732.5533.3334.0535.4839.242.4646.2146.4149.27-
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Entity Percentage Holding
Promoters 93.08%
Institutions 2.85%
Non-Institutions 4.07%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Past 10 year’s financial track record indicates that that Central Bank Of India is a below average quality company.

Central Bank Of India's earnings have grown by 0%, whereas share price has declined -23.6% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.

Central Bank Of India share price has declined -13.6% annually (CAGR) over the past ten years.

Past 10 years financial track record analysis by Moneyworks4me indicates that Central Bank Of India is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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