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Canara Bank

₹ 153-0.60%
07 Jan – close price
🔗canarabank.comâ€ĸBSE: 532483â€ĸNSE: CANBK
Market Cap₹ 1,38,772 Cr.
Current Price₹ 153
High / Low₹ 158
Stock P/E7.45
Book Value₹ 119
Dividend Yield2.62 %
ROCE6.79 %
ROE18.2 %
Face Value₹ 2.00
Sales₹ 1,23,860 Cr.
OPM68.8 %
Mar Cap₹ 1,38,772 Cr.

ABOUT

Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020.

KEY POINTS

Ratios as of FY24[1]CARA - 16.28%Net Interest Margin - 3.05%Gross NPA - 4.23%Net NPA - 1.27%CASA Ratio - 32.29%Gross Loan Portfolio: Rs. 9,60,602 Crs.PCR: 89.10 %[2]Cost to Income Ratio: 47.03Cost of Funds: 5%[3]Market Share[4]*The bank has a market share of 6.2% and 6.5% in net advances and total deposits, respectively as on Jun'23

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsJv Partnerships AcquisitionsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

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.SBI1007.1511.83929798.541.5821860.59-4.25128040.505.786.47505419.8446.3678596.3618941.271.631.1511.08
2.Bank of Baroda308.258.28159328.892.715180.63-4.1433318.244.446.29131574.3263.6419236.145133.561.001.1810.53
3.Punjab Natl.Bank125.688.48144408.782.315120.598.7232512.766.786.32129502.9873.6417035.455125.281.021.0712.22
4.Canara Bank152.967.45138771.732.624773.9618.9231543.896.076.79123860.3768.7718632.854773.961.281.0714.95
5.Union Bank (I)166.336.87127038.752.864425.95-6.8426664.81-0.826.72109143.5167.3218488.144425.951.011.2410.38
6.Indian Bank864.609.88116444.991.883108.6311.0116628.288.196.3864543.1768.7211785.543107.971.511.3510.65
7.I O B36.6116.5370459.920.001226.4257.817848.7914.575.9529979.6561.944262.191226.422.020.8911.07
–Median: 12 Co.138.598.3893452.462.092842.119.8717574.886.686.2369163.7664.7210902.752842.331.211.0710.97

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
–––––––––––––
Expenses
8,7568,8069,5128,6009,1519,8679,2359,8929,3418,9908,5308,8949,961
Operating Profit
–––––––––––––
Other Income
3,9864,2955,8024,8195,3197,0604,7755,2186,3514,8254,6344,9817,054
Profit before tax
3,8314,9075,4384,8855,3346,2024,1574,9066,4523,2695,0085,4036,234
Tax %
25%25%25%28%27%23%24%23%22%23%28%26%23%
Net Profit
2,8823,6564,1043,5353,9054,7523,1753,7575,0032,5253,6064,0154,774
EPS in Rs
3.184.034.523.904.315.243.504.145.522.783.984.435.26

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
–––––––––––––
Expenses
9,58610,28917,65415,45725,22222,96422,26034,50033,10435,03234,95836,06138,681
Operating Profit
–––––––––––––
Other Income
3,9334,5504,8757,5546,9436,5757,81314,92416,49718,76218,96622,45326,267
Interest
30,60334,08634,25931,51629,08932,33235,81145,17843,02652,98972,12282,68387,120
Depreciation
2284271703284454174328208169938698370
Profit before tax
3,0633,498-3,1861,642-6,561-2,327-1,7563,7078,96214,17319,70522,62724,326
Net Profit
2,4382,703-2,8131,122-4,222347-2,2362,5585,67810,60414,55417,02718,633
EPS in Rs
9.6110.34-9.423.76-11.520.92-4.343.116.2611.6916.0518.7720.54
Dividend Payout %
21%18%0%5%0%0%0%0%21%21%20%21%–

Compounded Profit Growth

10 Years:20%
5 Years:57%
3 Years:44%
TTM:22%

Compounded Sales Growth

10 Years:11%
5 Years:20%
3 Years:20%
TTM:7%

Return on Equity

10 Years:8%
5 Years:14%
3 Years:17%
Last Year:18%

Stock Price CAGR

10 Years:14%
5 Years:42%
3 Years:34%
1 Year:56%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
4614755435977337531,0301,6471,8141,8141,8141,8141,814
Reserves
29,15931,38431,06033,08834,87235,42438,26357,23864,29771,79385,14098,086106,477
Borrowings
–––––––––––––
Other Liabilities
14,34816,63014,69315,05517,70118,56416,46933,93228,17434,81734,62736,40137,542
Total Liabilities
491,922548,001552,961583,519616,886694,767723,8751,153,6751,226,9801,345,7321,491,5411,682,8501,764,885
Fixed Assets
6,6426,9497,1987,1688,3198,4108,27611,20411,35410,23112,22810,21510,148
Gross Block
9,052.449,797.7010,078.1010,341.2411,893.6112,262.4112,504.0217,702.7418,369.4017,746.2420,308.9418,235.85–
Accumulated Depreciation
2,410.872,848.252,880.003,172.933,574.973,852.174,227.726,498.557,015.447,515.578,080.768,020.70–
CWIP
0000000220000
Investments
126,828142,061142,309150,266144,054152,985176,245261,690282,013319,038357,454380,343394,611
Other Assets
358,452398,990403,453426,085464,514533,371539,354880,778933,6101,016,4631,121,8581,292,2911,360,126
Total Assets
491,922548,001552,961583,519616,886694,767723,8751,153,6751,226,9801,345,7321,491,5411,682,8501,764,885

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
9,5354,5476,0782,316-11,50417,886-5,45958,533268-40,67614,25459,947
Cash from Investing Activity
-501-875-317-348-274-461-277-666-657-390-1,083-1,860
Cash from Financing Activity
1,0791402,3311242,865-1,1857,8552844,035435-3,834-3,506
Net Cash Flow
10,1143,8128,0932,092-8,91316,2402,11958,1513,646-40,6319,33754,580

Ratios

Standalone Figures in ₹ Crores / Yearly

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

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%62.93%
FIIs
8.74%8.95%8.91%10.19%11.21%10.57%11.91%11.26%11.10%10.54%11.38%11.89%14.61%
DIIs
16.60%16.20%15.93%14.91%14.29%14.39%11.19%11.65%11.71%11.85%11.41%12.23%10.47%
Public
11.72%11.92%12.21%11.96%11.55%12.10%13.94%14.17%14.24%14.67%14.27%12.92%11.98%

* The classifications might have changed from Sep'2022 onwards.â„šī¸

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Canara Bank Annual Disclosure: Outstanding Bonds and Credit Ratings for FY 2025-26

17th April 2026, 10:34 pm

Canara Bank: Ms. Nalini Padmanabhan Completes Tenure as Part-time Non-Official Director

10th April 2026, 11:12 pm

Canara Bank Reports ₹54,403 Crore in Outstanding Debt Securities as of March 31, 2026

10th April 2026, 1:08 am

Canara Bank and NHPC Announce Special Windows for Physical Share Transfers

3rd April 2026, 12:55 am

Canara Bank Announces Interdepartmental Transfer of Six Chief General Managers

2nd April 2026, 8:25 pm

Published by Other Websites

External media mentions & references

Senior Citizens FD Rates Climb to 7.9% Amidst Bank Competition

16th April 2026, 7:45 pm

Telangana Court Orders CVC Probe into Can Fin Homes Hiring Irregularities

16th April 2026, 11:35 am

Car Loan Rates Fall: SBI, HDFC, ICICI EMIs Compared for April 2026

15th April 2026, 1:48 pm

Senior Citizen FDs Cross 7% as PSU Banks Boost Retirement Savings

15th April 2026, 12:55 pm

Bank Stocks Surge 3% in Broad Rally Driven by Lower Oil Prices

15th April 2026, 11:26 am

News Articles

Editorial & research coverage

Indian Banks: MAB Penalties Create Strategic Divide
Indian Banks: MAB Penalties Create Strategic Divide

13th February 2026, 4:02 pm

Elderly Policy Sale Exposes Bancassurance Systemic Flaws
Elderly Policy Sale Exposes Bancassurance Systemic Flaws

12th February 2026, 4:25 pm

India Banking FDI Plummets Amidst Sectoral Capital Flight
India Banking FDI Plummets Amidst Sectoral Capital Flight

10th February 2026, 5:38 pm

Banking FDI Slumps: India's Sector Faces Capital Headwinds
Banking FDI Slumps: India's Sector Faces Capital Headwinds

10th February 2026, 4:23 pm

Market Surges on FII Return, Trade Deal Hype; SBI Hits Record
Market Surges on FII Return, Trade Deal Hype; SBI Hits Record

9th February 2026, 11:27 am

Documents

Announcements

Credit Confirmation Of Annual Interest Payment & Redemption Payment

24h - Redeemed and paid annual interest Rs.10,76,50,000 on 06-Jan-2026 for ISIN INE476A08100.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Credit Confirmation Of Annual Interest Payment & Redemption Payment

31 Dec - Paid Rs1,773.98 Cr total (Rs1,635 Cr redemption; Rs138.98 Cr interest) on 31/12/2025 for INE476A08100.

Announcement under Regulation 30 (LODR)-Change in Management

31 Dec - Hardeep Singh Ahluwalia given additional charge as MD & CEO from 01.01.2026 for three months.

Announcement under Regulation 30 (LODR)-Retirement

31 Dec - Shri K. Satyanarayana Raju ceased as Canara Bank MD & CEO on 31.12.2025 upon superannuation.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

2d from fitch

Rating update

2d from crisil

Rating update

6 Nov 2025 from care

Rating update

30 Oct 2025 from icra

Rating update

28 Aug 2025 from icra

Rating update

18 Aug 2025 from fitch

Concalls

Nov 2025

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Stock Analysis

Description

Canara Bank is a public sector bank headquartered in Bengaluru, offering a wide range of banking and financial services. Established in 1906 and nationalised in 1969, it is one of India's leading financial institutions.

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

  1. Various interest and principal payment dates for Basel III compliant bonds from February 14, 2026, to December 31, 2026.
  2. Corresponding record dates for these payments.
  3. Potential call option exercise dates for specific bonds.

Corporate Announcements

17th Apr 26
Impact Rating: 6
Canara Bank submitted its Annual Disclosure of Outstanding Bonds for FY 2025-26 to exchanges, listing non-convertible securities and their credit ratings, reaffirming timely debt servicing.
10th Apr 26
Impact Rating: 6
Ms. Nalini Padmanabhan's term as a Part-time Non-Official Director on Canara Bank's Board has concluded on April 10, 2026, after a one-year re-nomination.
9th Apr 26
Impact Rating: 7
Canara Bank has submitted its half-yearly statement of debt securities outstanding as of March 31, 2026. The total value of these securities is ₹54,403 crore, with details on coupon rates, maturity dates, and credit ratings.
2nd Apr 26
Impact Rating: -
No description available.
2nd Apr 26
Impact Rating: 4
Canara Bank informed stock exchanges of interdepartmental transfers for six Chief General Managers, effective April 1, 2026. The filing includes details on new roles and executive profiles.