BANKINDIAFinancial Services

Bank of India

Public Sector Bank · ISIN INE084A01016 · BSE 532149 · NSE EQ · FV ₹10
Last price
₹138
+0.26%today
What this company does

Bank of India operates in Public Sector Bank, part of the Financial Services sector. It booked ₹20,097 cr of revenue in its latest quarter (Q1 FY27) and kept 15.6% of sales as profit. It is the 7th largest of 9 Public Sector Bank companies we track, by market value.

70out of 100
Equitytale Health Score
Solid

Healthier than 70% 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)
36

At close. Not part of the score.

Profitability & returns50

How much profit it earns on the money it employs

Cash quality63

Whether reported profit actually arrives as cash

Valuation85

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
Strong 16% net margin
Sales up 9% vs last year
Profit up 78% vs last year
Promoters hold 73%
No promoter shares pledged
Watch-outs
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in BANKINDIA?

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 We do not publish price targets or predict returns.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
₹138 +0.26%
latest close · 2026-09-17
1-year return
+110.1%
52-wk low ₹4052-wk high ₹149
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 ratio4.8Low
LowAverageHigh
P/B ratio0.70Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.0%Fair
WeakFairStrong ▸15%
Net margin15.6%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.32High
LowModerateHigh ▸1
More figures
Market cap
₹62,914 cr
Book value
₹198
EPS
₹7.25
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.1%
Earnings yield
20.99%
P/S
0.78
Sales / share
₹176.5
Tax rate
24.7%
Face value
₹10
Shares
455.3 cr
Working capital
Current assets
Current liabilities
Delivery %
46.1%
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 ₹180 vs market price ₹138 — price is 23% below it
Safety cushion+23.1%(target ≥ +20%)
Models span ₹173₹186, midpoint ₹180
Model ₹180
Price ₹138
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₹20,097 cr
Other Income₹2,615 cr
Total Income₹22,712 cr
Interest Expended₹13,156 cr
Employee Cost₹2,640 cr
Other Operating Expenses₹1,778 cr
Total Expenditure₹17,574 cr
Operating Profit before Provisions₹5,138 cr
Provisions & Contingencies₹971 cr
Profit before Tax₹4,167 cr
Tax Expense₹1,028 cr
Share of Associates₹166 cr
Net Profit₹3,138 cr
Net margin on total income13.8%
Where the money goes

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

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue19,052 cr19,573 cr20,097 cr
Total income21,379 cr22,853 cr22,712 cr
Expenses
Profit before tax3,674 cr4,079 cr4,167 cr
Tax924 cr1,030 cr1,028 cr
Net profit (owners' share)2,750 cr3,050 cr3,138 cr
Net margin (owners' share, on revenue)14.4%15.6%15.6%
EPS (₹)6.186.787.25
YoY (latest quarter): total income +9.8% · net profit +77.9%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹11.80 L cr
Shareholder equity
₹89,959 cr
parent shareholders
Borrowings
₹1.19 L cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹-10,728 cr
Investing
₹252 cr
Financing
₹-2,761 cr

Lender caveat: a bank's operating cash swings with deposits and lending — this is loan-book activity, not distress.

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 Baroda₹232₹1.20 L cr16.8
Indian Bank₹841₹1.13 L cr8.4
Canara Bank₹124₹1.12 L cr5.4
Bank of Indiathis company₹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
3.37%
trailing 12 months
Dividend / share (TTM)
₹4.65
Last dividend
₹4.65
ex 29 May 2026
ActionDetailEx-date
Dividend₹4.65 / share29 May 2026
Dividend₹4.05 / share20 Jun 2025
Dividend₹2.8 / share18 Jun 2024
Dividend₹2 / share20 Jun 2023
Dividend₹2 / share7 Jul 2022
Dividend₹5 / share10 Jul 2015
Who owns it · 2026-06-30
No pledge
Promoter
73.4%
FII / Foreign
6.9%
DII / Domestic
14.0%
Retail / others
5.8%
Smart-money activity
Insider trades
BoughtPresident of India · Promoter Group51.76 cr · ₹4638.0 cr20 Apr 19
BoughtPresident of India · Promoters95.38 cr · ₹953.8 cr16 Feb 19
BoughtGovernment of India · Promoters55.84 cr · ₹9232.0 cr27 Mar 18
Bulk / block deals
short · NSE1015 Sep 26
short · NSE4494 Sep 26
short · NSE3,3743 Sep 26
Stake changes
BoughtLife Insurance Corporation of India→ 8.38% · 9.22 cr9 May 25
BoughtLife Insurance Corporation of India→ 7.04% · 15.90 cr2 Sep 21
BoughtGovernment of India · promoter→ 89.10% · 51.76 cr20 Apr 19
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.

Special shareholder meeting · 7 Nov 2025
See the official result
1
To approve the extension of term of Shri P R Rajagopal as Executive Director of the Bank
Backed by 99% of shareholders other than promotersneeded 50%
85.99 cr votes for, 1.13 cr against · 1% of mutual funds and other big investors said no
2
To approve the extension of term of Shri Subrat Kumar as Executive Director of the Bank
Backed by 99% of shareholders other than promotersneeded 50%
85.99 cr votes for, 1.13 cr against · 1% 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 73.4% between them · as of 2026-06-30
PRESIDENT OF INDIA73.38%

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 Dec 2025 by long term infra bond series iv

The company has not broken this money down into purposes in its filing for Dec 2025, so there is nothing to measure it against yet.

₹2,500 cr raised in Dec 2025 by basel iii compliant tier ii bonds

The company has not broken this money down into purposes in its filing for Dec 2025, 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.