Bank of Baroda

₹ 308 1.94%
14 Jan
🔗 Website | BSE: 532134 | NSE: BANKBARODA
1,59,123
308
312
8.27
284
2.71
6.24
15.7

ABOUT

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.(Source : Company Web-site)

Stock Analysis

Description

  • Bank of Baroda is a public sector bank engaged in providing a wide range of banking services including personal, corporate, international, SME, rural, and treasury services.

Key Growth Triggers

  • Currently no data available for Key Growth Triggers.

Order Book

  • Currently no data available for Order Book.

Key Red Flags

  • Currently no data available for Key Red Flags.

Key Dates To Watch

  • Effective date for MCLR revision: January 12, 2026.

Peer Comparison

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.SBI1028.3512.08949230.561.5521860.59-4.25128040.505.786.47505419.8446.3678596.3618941.271.671.1511.08
2.Bank of Baroda307.708.27159122.812.714809.39-8.1831510.814.076.24124626.6570.1419235.824809.391.081.1611.12
3.Punjab Natl.Bank128.688.68147891.192.255120.598.7232512.766.786.32129502.9873.6417035.455125.281.041.0712.22
4.Canara Bank153.897.29139588.252.604896.4315.8132071.976.266.79125841.2560.8519140.984850.031.211.0814.05
5.Union Bank (I)179.277.23136847.652.655072.699.7326819.180.376.72108368.2467.1818937.805072.691.041.249.95
6.Indian Bank846.409.67114007.031.923108.6311.0116628.288.196.3864543.1768.7211785.543107.971.481.3510.65
7.Bank of India152.876.9569596.632.652575.586.4218521.486.046.1773784.3571.8310019.952576.690.830.9411.67

Quarterly Results

Figures in Cr.

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
YOY Sales Growth %
27.34%31.05%42.28%40.23%31.09%21.52%14.41%11.57%8.67%8.05%5.18%4.94%4.07%
Expenses
7,5978,5428,3398,4419,1437,5639,1807,9379,6628,6049,6499,8409,125
Material Cost %
Employee Cost %
14.98%14.22%14.62%14.14%13.3%13.31%15.37%13.55%13.34%13.61%13.97%13.85%12.89%
Operating Profit
OPM %
Other Income
1,8263,5523,4663,3224,1712,8104,1912,4875,1663,7694,7354,6753,515
Exceptional items
Other income normal
1,8263,5523,4663,3224,1712,8104,1912,4875,1663,7694,7354,6753,515
Interest
11,08012,72214,33215,55917,03117,50417,79118,02918,64119,49119,62219,65719,557
Depreciation
0000000000000
Profit before tax
4,4035,8286,6525,8785,8596,3496,8046,1517,1416,5826,5816,2706,343
Tax %
25%34%28%31%27%28%28%28%27%27%23%28%24%
Net Profit
3,3133,8534,7754,0704,2534,5794,8864,4585,2384,8375,0484,5414,809
EPS in Rs
6.417.459.237.878.228.869.458.6210.139.359.768.789.3

Profit & Loss

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
Sales Growth %
Expenses
10,58611,82823,93517,28723,98923,16637,91134,87233,32929,70032,70834,45937,218
Material Cost %
Raw material cost
Change in inventory
Manufacturing Cost %
Employee Cost %
Other Cost %
Operating Profit
OPM %
Other Income
4,4634,4024,9996,7586,6576,29410,31712,93411,48410,02614,49516,64716,693
Exceptional items
Other income normal
Interest
26,97429,77631,32128,68728,12731,29048,53241,68637,25948,23367,88475,78378,327
Depreciation
3453405015118639101,6601,3151,3901,9551,6201,3930
Profit before tax
5,4975,421-6,6982,473-2,673698-1,8025,5569,38619,72724,89026,45425,776
Tax %
17%37%-19%44%-9%38%-130%85%23%28%29%26%
Net Profit
4,5413,398-5,3961,383-2,4324345468297,27214,11017,78919,58119,236
Exceptional items AT
Profit excl Excep
Profit for PE
Profit for EPS
EPS in Rs
21.1515.37-23.426-9.191.641.181.614.0627.2834.437.8637.19
Dividend Payout %
20%21%0%20%0%0%0%0%20%20%22%22%

Balance Sheet

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
4314444624625305309251,0361,0361,0361,0361,0361,036
Reserves
35,55539,39239,73739,84142,86450,45370,93176,01084,87497,1871,11,1881,35,8901,45,960
Borrowings
Long term Borrowings
Short term Borrowings
Lease Liabilities
Other Borrowings
Other Liabilities
17,81122,32923,66822,28622,71824,11347,00644,47442,25254,74044,03548,57145,457
Trade Payables
1,5572,1341,6762,1401,9951,8902,1222,6593,9794,0593,8223,6650
Advance from Customers
Other liability items
16,25420,19621,99220,14520,72322,22344,88341,81538,27350,68140,21344,90645,457
Total Liabilities
6,59,5057,14,9896,71,3766,94,8757,20,0007,80,98711,57,91611,55,36512,78,00014,58,56215,85,79717,81,24718,26,400
Fixed Assets
2,7342,8756,2545,7585,3676,9908,8898,0169,9228,7077,91312,37612,072
Land
Building
2,804.672,887.526,229.46,294.396,349.128,284.7211,970.4111,706.5814,177.8614,153.0814,442.6919,511.29
Plant Machinery
Equipments
Furniture & fittings
Vehicles
Intangible Assets
Other fixed assets
3,253.43,653.974,265.374,660.865,052.515,525.857,907.078,324.659,051.369,703.1610,053.39,862.3
Gross Block
6,058.076,541.4910,494.7710,955.2511,401.6313,810.5719,877.4820,031.2323,229.2223,856.2424,495.9929,373.59
Accumulated Depreciation
3,323.953,666.644,240.995,196.886,034.246,820.2710,988.1912,014.9813,307.3215,149.6616,583.4416,997.33
CWIP
0000000000000
Investments
1,16,1131,16,8121,20,4511,29,6311,63,1851,82,2982,74,6152,61,2203,15,7953,62,4853,69,8173,85,3983,87,690
Other Assets
5,40,6585,95,3015,44,6725,59,4875,51,4485,91,6998,74,4128,86,1289,52,28310,87,37012,08,06813,83,47314,26,638
Inventories
Trade receivables
Receivables under 6m
Receivables over 6m
Prow for Doubtful
Cash Equivalents
16,41119,22517,91619,82519,67523,32527,88434,66366,74551,08850,90252,17749,950
Loans & Advances
Other Assets items
Total Assets
6,59,5057,14,9896,71,3766,94,8757,20,0007,80,98711,57,91611,55,36512,78,00014,58,56215,85,79717,81,24718,26,400

Cash Flows

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
41,01618,021-9,84217,194-61,088-4,12017,941-4,6097,529-19,747-5,45728,020
Profit from operations
10,59711,37310,44412,48813,85315,41522,12724,20325,54330,45534,25136,665
Receivables
Inventory
Payables
Loans Advances
-71,788-35,05630,529-7,169-58,384-53,579-55,142-28,716-85,671-1,68,194-1,31,254-1,48,947
Other WC items
9114,333-3,455-4,195-5,7804,4134,887-1,5087,31312,5461,0894,978
Working capital changes
32,8279,400-21,7833,293-76,150-15,395-21,152-23,685-17,272-44,835-31,762606
Direct taxes
-2,408-2,7521,4971,4141,209-4,139-45-5,127-742-5,367-7,946-9,251
Cash from Investing Activity
-689-539-3,995-426-563-3,957141-269-3,967-1,563-574-855
Fixed assets purchased
-727-608-4,017-732-575-2,617-3,247-2,683-3,405-903-1,039-1,145
Fixed assets sold
376837276172993,1492,335113174220384
Investments purchased
-40-36-61-21-294-1,593000000
Investments sold
00000014100000
Interest received
Redeemp Cnce of Shares
Acquisition of companies
0000000-53-865-1,1220-342
Other investing items
000000-200000
Cash from Financing Activity
5,151-6-616-1984,0794,40914,5903,390-1,319-5,6425,4523,560
Redemption of debentures
0000000-1,915-1,958-1,852-1,754-2,691
Proceeds from borrowings
000005548,110819639010,05110,181
Repayment of borrowings
000000000-2,32400
Interest paid fin
-1,002-1,154-1,174-1,131-1,187-1,187-1,67400000
Dividends paid
-1,060-1,084-852000000-1,466-2,844-3,930
Financial liabilities
Other financing items
0971-376932-1090000000
Net Cash Flow
45,47917,475-14,45316,570-57,573-3,66832,672-1,4882,242-26,952-57930,725

Ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Shareholding Pattern

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%
President of India
63.9763.9763.9763.9763.9763.9763.9763.9763.9763.9763.9763.97
FIIs
9.97%10.93%12.29%12.39%12.27%12.4%11.45%9.87%8.9%8.98%8.08%8.71%
Bnp Paribas Arbitrage
1.451.341.351.16
Bnp Paribas Financial Markets
1.28
DIIs
17.69%16.74%15.77%15.74%15.75%16.04%15.77%16.35%17.86%17.97%18.79%18.93%
Bharat 22 Etf
1.04
HDFC Mutual Fund HDFC S & P BSE 500 ETF
3.332.3
Hdfc Mutual Fund Hdfc Arbitrage Fund
3.262.882.03
Hdfc Mutual Fund Hdfc Nifty 100 Index Fund
2.33
Hdfc Mutual Fund Hdfc Nifty Psu Bank Etf
2.21
Hdfc Trustee Company Limited Hdfc Flexi Cap Fund
3.33.282.822.752.85
ICICI Prudential Equity Fund
1.141.18
Kotak Balanced Advantage Fund
1.05
Kotak Bluechip Fund
1.211.18
Kotak ESG Opportunities Fund
1.2
Kotak Equity Arbitrage Fund
1.16
Kotak Equity Savings Fund
1.321.271.37
Kotak Mahindra Trustee Co Ltd
1.2
Kotak Mahindra Trustee Co Ltd A/C Kotak Bse Psu
1.11
Kotak Mahindra Trustee Co Ltd Kotak Multi Asset
1.3
Lic Health Plus Non Unit Fund
3.753.635.655.997.51
Lic Life Non Par
3.665.096.34
Lic New Endowment Plus Growth Fund
6.9
Lic New Pension Plus Secured Fund
5.34
Lic Ulip Growth Fund
6.64
Lici New Pension Plus Secured Fund
3.98
Nippon Life India Trustee
1.05
Nippon Life India Trustee Ltd Ac Nippon India Fle
1.751.551.261.21.04
Nippon Life India Trustee Ltd Nippon India Etf
1.01
Nps Trust - A/C Kotak Pension Fund Scheme Tax Saver
1.1
Nps Trust Ac Lic Pension Fund Limited Apy Fund S
1.07
Nps Trust Lic Pension Fund Ups Cg Scheme
1.12
Nps Trust- A/C Uti Retirement Solutions Pension Fu
1.021.011.041.1
SBI Large & Mid Cap Fund
1
Sbi Arbitrage Opportunities Fund
1.481.82
Sbi Long Term Advantage Fund - Series Vi
1.03
Government
0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.08%
Public
8.12%8.1%7.7%7.64%7.76%7.32%8.55%9.56%9.01%8.83%8.89%8.3%
Others
No. of Shareholders
12,37,07912,78,02012,39,95812,70,48012,89,44313,29,61814,11,26617,11,54816,93,91716,89,79716,31,56215,65,743

News & Updates

Documents

Announcements

Announcement under Regulation 30 (LODR)-Interest Rates Updates
9 Jan - Bank of Baroda revises MCLR effective 12 Jan 2026; six-month reduces 8.60%→8.50%, others unchanged.
Announcement Under Regulation 30 (LODR)- Standalone Primary Dealer
9 Jan - RBI granted in-principle approval to transfer Bank Primary Dealer authorization to proposed wholly owned subsidiary (09 Jan 2026).
Provisional Business Figures Q3 31-12-2025
4 Jan - As of 31 Dec 2025: Global business ₹28.91tn (+12.22% YoY); advances ₹13.44tn (+14.57%); deposits ₹15.47tn (+10.25%).
Announcement under Regulation 30 (LODR)-Credit Rating
2 Jan - CRISIL reaffirmed Bank of Baroda debt ratings as AAA/CRISIL AA+ with Stable outlook; report dated 02.01.2026.

Annual Reports

Credit Ratings

Rating update
2 Jan from crisil
Rating update
25 Sep 2025 from care
Rating update
29 Aug 2025 from care
Rating update
8 Aug 2025 from icra
Rating update
17 Jun 2025 from fitch
Rating update
4 Mar 2025 from fitch

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