BSE:532149

Stock Analysis Report

Executive Summary

Bank of India Limited provides various banking products and services.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has Bank of India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532149's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.9%

532149

-2.8%

IN Banks

-3.9%

IN Market


1 Year Return

-33.5%

532149

5.3%

IN Banks

4.5%

IN Market

Return vs Industry: 532149 underperformed the Indian Banks industry which returned 6.1% over the past year.

Return vs Market: 532149 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

532149IndustryMarket
7 Day-7.9%-2.8%-3.9%
30 Day-16.9%-3.5%-3.9%
90 Day-27.3%-7.9%-2.1%
1 Year-33.5%-33.5%5.7%5.3%6.4%4.5%
3 Year-56.2%-56.2%10.7%9.5%19.4%12.8%
5 Year-75.3%-76.0%5.9%2.5%28.2%16.6%

Price Volatility Vs. Market

How volatile is Bank of India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bank of India undervalued compared to its fair value and its price relative to the market?

21.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532149's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532149's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532149 is poor value based on its PE Ratio (21.4x) compared to the Banks industry average (16.9x).

PE vs Market: 532149 is poor value based on its PE Ratio (21.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532149's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532149 is good value based on its PB Ratio (0.4x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

How is Bank of India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bank of India performed over the past 5 years?

-12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532149 has high quality earnings.

Growing Profit Margin: 532149 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 532149 has become profitable over the past 5 years, growing earnings by -12.5% per year.

Accelerating Growth: 532149 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 532149 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).


Return on Equity

High ROE: 532149's Return on Equity (1.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bank of India's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 532149 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 532149's debt is covered by short term assets (assets are 2.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 532149 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: 532149 is profitable, therefore cash runway is not a concern.


Financial Institutions Analysis

Asset Level: 532149's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532149 has a sufficient allowance for bad loans.

Low Risk Liabilities: 532149's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532149 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 532149's loans are broadly funded by customer deposits.

Level of Bad Loans: 532149 has a high level of bad loans (18.26%)


Next Steps

Dividend

What is Bank of India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.7%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 532149's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532149's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532149's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532149's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532149 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532149's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Atanu Kumar Das 0

0.08yrs

Tenure

0

Mr. Atanu Kumar Das is Executive Director of Bank of India since February 17, 2017 and has been its Managing Director and Chief Executive Officer since January 20, 2020. He serves as Non-Executive Director ...


Leadership Team

NamePositionTenureCompensationOwnership
Atanu Kumar Das
MD, CEO & Executive Director0.08yrsno data0.00014% 260.6k
Chaitanya Chintapalli
Executive Director2.3yrsno data0.00031% 577.0k
Kollegal Raghavendra
GM & CFO2yrsno datano data
Chandran Mouli
Assistant General Manager0yrsno datano data
Rajeev Bhatia
Company Secretary & Compliance Officer0yrsno datano data
Sheoji Meena
General Manager of Marketing/CMO/Resource Mobilisation/Third party products0yrsno datano data
Devendra Sharma
Chief Vigilance Officer & GM0yrsno datano data
Sripad Carapurcar
GM & Chief Risk Officer0.4yrsno datano data
Narendra Prasad
Chief Executive of US Operations11.4yrsno datano data
Balkrishna Arsekar
Deputy General Manager of Customer Excellence Branch Banking Dept.0yrsno datano data

1.2yrs

Average Tenure

Experienced Management: 532149's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Atanu Kumar Das
MD, CEO & Executive Director0.08yrsno data0.00014% 260.6k
Chaitanya Chintapalli
Executive Director2.3yrsno data0.00031% 577.0k
Gopalaraman Padmanabhan
Non-Executive Chairman of the Board4.5yrsno datano data
Debabrata Sarkar
Independent Shareholder Director2.3yrsno data0.000020% 37.2k
Devarajan Harish
Independent Shareholder Director2.3yrsno data0.000040% 74.5k
Dakshita Das
Government Nominee Director1.6yrsno datano data
Subrata Das
Nominee Director0.5yrsno datano data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 532149's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 76.7%.


Top Shareholders

Company Information

Bank of India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank of India Limited
  • Ticker: 532149
  • Exchange: BSE
  • Founded: 1906
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹186.129b
  • Shares outstanding: 3.28b
  • Website: https://www.bankofindia.co.in

Number of Employees


Location

  • Bank of India Limited
  • Star House
  • 8th Floor, East Wing
  • Mumbai
  • Maharashtra
  • 400051
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532149BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1997
BANKINDIANSEI (National Stock Exchange of India)YesEquity SharesININRMay 1997

Biography

Bank of India Limited provides various banking products and services. It operates through Treasury Operations, Wholesale Banking, and Retail Banking segments. The company accepts various deposit products, such as savings, current, salary, term, and tax saving deposits. It also offers home, education, vidya, vehicle, personal, pensioner, holiday, top-up, and demand/term loans, as well as loan for Pradhan Mantri Awas Yojana and against property; housing loans to NRIs/PIOs; overdraft against securities; loans against FCNR deposits; and loans for corporate and MSME customers. In addition, the company provides cash management services; trade finance; online share trading services; insurance products and services; mutual fund products; portfolio management services; credit, debit, and prepaid cards; and remittance, online banking and payment, online income tax return, and ATM and other kiosk services, as well as cards, loans, and services to rural customers. As of March 31, 2019, it operated 5,092 branches in India; and 54 branches and 2 representative offices internationally. The company was founded in 1906 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:39
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.