Stock Analysis Report

Central Bank of India

Executive Summary

Central Bank of India operates as a commercial bank in India.

Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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

Latest Share Price and Events

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

Market Performance

7 Day Return




IN Banks


IN Market

1 Year Return




IN Banks


IN Market

Return vs Industry: CENTRALBK underperformed the Indian Banks industry which returned 8.1% over the past year.

Return vs Market: CENTRALBK underperformed the Indian Market which returned 9.5% over the past year.

Shareholder returns

7 Day-0.9%-0.3%-0.08%
30 Day-10.3%-0.7%0.01%
90 Day-24.3%-2.6%3.2%
1 Year-46.6%-46.6%8.5%8.1%11.5%9.5%
3 Year-80.0%-80.0%12.8%11.6%23.6%16.7%
5 Year-83.4%-83.5%11.5%7.9%35.5%22.9%

Price Volatility Vs. Market

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

Simply Wall St News


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


Price to Book (PB) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

PE vs Industry: CENTRALBK is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: CENTRALBK is unprofitable, so we can't compare its PE Ratio to the Indian market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: CENTRALBK is good value based on its PB Ratio (0.3x) compared to the IN Banks industry average (0.6x).

Next Steps

Future Growth

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


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 Central 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 Central Bank of India performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CENTRALBK is currently unprofitable.

Growing Profit Margin: CENTRALBK is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: CENTRALBK is unprofitable, and losses have increased over the past 5 years at a rate of -28.7% per year.

Accelerating Growth: Unable to compare CENTRALBK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CENTRALBK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).

Return on Equity

High ROE: CENTRALBK has a negative Return on Equity (-8.83%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is Central 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: CENTRALBK has a low level of unsold assets or inventory.

Debt Coverage by Assets: CENTRALBK's debt is covered by short term assets (assets are 5.5x 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: Insufficient data to determine if CENTRALBK has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CENTRALBK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: CENTRALBK has a high level of bad loans (21.93%)

Next Steps


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

Dividend Yield vs Market

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

High Dividend: Unable to evaluate CENTRALBK'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 CENTRALBK's dividends per share have been stable in the past.

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

Current Payout to Shareholders

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

Future Payout to Shareholders

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

Next Steps


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


Average board tenure


Pallav Mohapatra (58yo)



Mr. Pallav Mohapatra has been Chief Executive Officer and Managing Director of Central Bank of India since September 2018. Mr. Mohapatra served as Deputy Managing Director of Stressed Assets Resolution Gro ...

Board Members

Pallav Mohapatra
CEO, MD & Director1.4yrsno datano data
Bajrang Shekhawat
Executive Director2.3yrsno datano data
Alok Srivastava
Executive Director1.1yrsno datano data
Tapan Ray
Chairman of the Board1.8yrsno datano data
- Atmanand
Non-Official Director2.2yrsno datano data
Bhushan Sinha
Government of India Nominee Director1.8yrsno datano data
Mini Ipe
Shareholder Director1.6yrsno datano data
Thomas Mathew
RBI Nominee Director0.8yrsno datano data


Average Tenure


Average Age

Experienced Board: CENTRALBK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.4%.

Top Shareholders

Company Information

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

Key Information

  • Name: Central Bank of India
  • Ticker: CENTRALBK
  • Exchange: NSEI
  • Founded: 1911
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹96.780b
  • Shares outstanding: 5.71b
  • Website: https://www.centralbankofindia.co.in

Number of Employees


  • Central Bank of India
  • Chandermukhi
  • 9th Floor
  • Mumbai
  • Maharashtra
  • 400021
  • India


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CENTRALBKNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2007
532885BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2007


Central Bank of India operates as a commercial bank in India. It offers deposit products, which include savings and current accounts, time deposits, fixed deposits, and recurring deposit schemes; and loans, including housing, vehicle, property, personal, senior citizens, education, corporate mortgage and rental, and agricultural, as well as micro small and medium enterprises loans. The company also provides credit, debit, and prepaid/gift cards, as well as cash management, mutual funds, depository, payments, mobile and Internet banking, and ATM services. In addition, it offers investment banking services, such as debt syndication, financial modeling and valuation, merger and acquisition advisory, corporate restructuring, equity products, equity research, and wealth and portfolio management, as well as trusteeship services. Further, the company sells and distributes life and general insurance products, including unit linked, whole life, children, money back, endowment, pension, health, fire, burglary, engineering, motor, rural, overseas mediclaim, package, travel, liability, individual mediclaim, and group insurance products. As of March 31, 2019, it operated through a network of 4,659 branches; 3,966 ATMs; 10 satellite offices; and 1 extension counter. The company was founded in 1911 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 Analysis2020/02/22 12:55
End of Day Share Price2020/02/20 00:00
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.