BANKBARODAFinancial Services

Bank of Baroda

Public Sector Bank · ISIN INE028A01039 · BSE 532134 · NSE EQ · FV ₹2
Last price
₹232
-1.14%today
What this company does

Bank of Baroda operates in Public Sector Bank, part of the Financial Services sector. It booked ₹35,115 cr of revenue in its latest quarter (Q1 FY27) and kept 4.5% of sales as profit. It is the 4th largest of 9 Public Sector Bank companies we track, by market value.

58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 95–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns17

How much profit it earns on the money it employs

Cash quality76

Whether reported profit actually arrives as cash

Valuation90

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 7% vs last year
Promoters hold 64%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 4.5% net margin
! Profit down 53% vs last year
! Low 3.8% return on equity
! Carries high debt (D/E 1.0)

What if I invest in BANKBARODA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹232 -1.14%
latest close · 2026-09-17
1-year return
+213.5%
52-wk low ₹7352-wk high ₹257
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.8Average
LowAverageHigh
P/B ratio0.73Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.8%Weak
WeakFairStrong ▸15%
Net margin4.5%Thin
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.03High
LowModerateHigh ▸1
More figures
Market cap
₹1.20 L cr
Book value
₹320
EPS
₹3.45
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
0.3%
Earnings yield
5.94%
P/S
0.86
Sales / share
₹271.3
Tax rate
28.7%
Face value
₹2
Shares
517.8 cr
Working capital
Current assets
Current liabilities
Delivery %
52.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks underpricedMedium confidence
Median of 2 models ₹365 vs market price ₹232 — price is 36% below it
Safety cushion+36.4%(target ≥ +20%)
Models span ₹289₹442, midpoint ₹365
Model ₹365
Price ₹232
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Interest Earned₹35,115 cr
Other Income₹6,202 cr
Total Income₹41,317 cr
Interest Expended₹21,301 cr
Employee Cost₹4,611 cr
Other Operating Expenses₹4,820 cr
Total Expenditure₹30,733 cr
Operating Profit before Provisions₹10,584 cr
Provisions & Contingencies₹2,698 cr
Exceptional Items₹-5,680 cr
Profit before Tax₹2,206 cr
Tax Expense₹633 cr
Share of Associates₹267 cr
Net Profit₹1,573 cr
Net margin on total income3.8%
Where the money goes

Not enough income-statement detail filed to break this down yet.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue33,600 cr34,514 cr35,115 cr
Total income39,999 cr39,988 cr41,317 cr
Expenses
Profit before tax7,024 cr6,057 cr2,206 cr
Tax1,617 cr409 cr633 cr
Net profit (owners' share)5,407 cr5,648 cr1,573 cr
Net margin (owners' share, on revenue)16.1%16.4%4.5%
EPS (₹)10.5311.223.45
YoY (latest quarter): total income +7.6% · net profit -53.1%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹21.02 L cr
Shareholder equity
₹1.66 L cr
parent shareholders
Borrowings
₹1.70 L cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹4,384 cr
Investing
₹-2,301 cr
Financing
₹-7,172 cr
Peer comparison
Public Sector Bank · by market value
CompanyPriceMarket capP/E
State Bank of India₹989₹9.13 L cr9.5
Union Bank of India₹178₹1.36 L cr6.0
Punjab National Bank₹116₹1.34 L cr5.8
Bank of Barodathis company₹232₹1.20 L cr16.8
Indian Bank₹841₹1.13 L cr8.4
Canara Bank₹124₹1.12 L cr5.4
Bank of India₹138₹62,914 cr4.8
Bank of Maharashtra₹81₹62,148 cr7.7
Indian Overseas Bank₹32₹61,814 cr9.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
3.66%
trailing 12 months
Dividend / share (TTM)
₹8.5
Last dividend
₹8.5
ex 5 Jun 2026
ActionDetailEx-date
Dividend₹8.5 / share5 Jun 2026
Dividend₹8.35 / share6 Jun 2025
Dividend₹7.6 / share28 Jun 2024
Dividend₹5.5 / share30 Jun 2023
Dividend₹2.85 / share17 Jun 2022
Dividend₹1.2 / share22 Jun 2017
Who owns it · 2026-06-30
No pledge
Promoter
64.0%
FII / Foreign
10.1%
DII / Domestic
18.4%
Retail / others
7.5%
Smart-money activity
Insider trades
SoldSUMIT KUMAR MUJUMDAR · Employees/Designated Employees7,500 · ₹21.7 L3 Jun 24
BoughtPresident of India · Promoter Group65.15 cr · ₹7000.0 cr12 Dec 19
SoldPRESIDENT OF INDIA · Promoters64.61 L · ₹56.7 cr10 Oct 19
Bulk / block deals
short · NSE20015 Sep 26
short · NSE73 Sep 26
short · NSE2002 Sep 26
Stake changes
BoughtLife Insurance Corporation of India→ 7.05% · 10.45 cr16 Apr 25
BoughtLife Insurance Corporation of India→ 7.05% · 10.45 cr16 Apr 25
BoughtLife Insurance Corporation of India→ 5.03% · 24.39 L20 Nov 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 23 Jun 2025
See the official result
1
To approve the financial results of the Bank for the year ended 31st March, 2025.
Backed by 99% of shareholders other than promotersneeded 50%
126.47 cr votes for, 1.36 cr against · 1% of mutual funds and other big investors said no
2
To approve and declare dividend for the FY2024-25
Backed by 100% of shareholders other than promotersneeded 50%
127.95 cr votes for, 8,138 against · 0% of mutual funds and other big investors said no
3
To approve Capital Plan 2025-26
Backed by 100% of shareholders other than promotersneeded 75%
127.69 cr votes for, 25.64 L against · 0% of mutual funds and other big investors said no
4
To approve the appointment of Smt. Beena Vaheed, as Executive Director of the Bank
Backed by 80% of shareholders other than promotersneeded 50%
102.79 cr votes for, 25.51 cr against · 20% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 64.0% between them · as of 2026-06-30
President of India63.97%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹10,000 cr raised in Mar 2026 by private placement

The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.