Bank of India Ltd’s fundamental analysis reveals key financial metrics: Market Cap of ₹55,701.89 crores, PE Ratio of 8.49, and Return on Equity of 10%. These indicators offer insights into the company’s financial health and market valuation. Debt-to-equity data is not available.
Content:
- Bank of India Overview
- Bank of India Financial Results
- Bank of India Financial Analysis
- Bank of India Company Metrics
- Bank of India Stock Performance
- Bank of India Peer Comparison
- Bank of India Shareholding Pattern
- Bank of India History
- How To Invest In Bank of India Share?
- Bank of India Fundamental Analysis – FAQs
Bank of India Overview
Bank of India Ltd is an Indian public sector banking and financial services company. It operates in the banking sector, offering a wide range of services including retail banking, corporate banking, and treasury operations.
The company is listed on both the NSE and BSE. With a market capitalization of ₹55,701.89 crore, it’s currently 29.1% away from its 52-week high and 47.41% away from its 52-week low.
Bank of India Financial Results
Bank of India showed a steady financial performance in FY 24 compared to FY 23. Revenue grew significantly, with improved profitability and a stable financial position. The equity base strengthened, reflecting a solid financial foundation for future growth.
1. Revenue Trend: Total income increased from ₹55,143 crore in FY 23 to ₹67,306 crore in FY 24, showcasing a robust growth trajectory in earnings.
2. Equity and Liabilities: Equity capital rose to ₹4,553 crore in FY 24 from ₹4,104 crore in FY 23, with total liabilities expanding from ₹8,26,036 crore to ₹9,24,280 crore.
3. Profitability: Net profit saw a significant increase from ₹3,839 crore in FY 23 to ₹6,567 crore in FY 24, highlighting enhanced operational efficiency and profitability.
4. Earnings per Share (EPS): EPS improved from ₹9.35 in FY 23 to ₹15.48 in FY 24, indicating better returns for shareholders and improved earnings performance.
5. Return on Net Worth (RoNW): The improved EPS reflects a stronger return on net worth, driven by higher profitability and better financial management in FY 24 compared to FY 23.
6. Financial Position: Total assets increased from ₹8,26,036 crore in FY 23 to ₹9,24,280 crore in FY 24, reflecting a strong and stable financial position.
Bank of India Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Total Income | 67,306 | 55,143 | 46,291 |
| Total Expenses | 53,063 | 41,814 | 36,254 |
| Pre-Provisioning Operating Profit | 14,243 | 13,329 | 10,038 |
| PPOP Margin (%) | 21 | 24 | 22 |
| Provisions and Contingencies | 4,050 | 7,230 | 4,464 |
| Profit Before Tax | 10,193 | 6,099 | 5,574 |
| Tax % | 37 | 36 | 39 |
| Net Profit | 6,567 | 3,839 | 3,487 |
| EPS | 15 | 9 | 9 |
| Net Interest Income | 23,317 | 20,491 | 14,197 |
| NIM (%) | 3 | 3 | 2 |
| Dividend Payout % | 18.09 | 21.39 | 22.05 |
* Consolidated Figures in Rs. Crores
Bank of India Company Metrics
Bank of India’s company metrics include a market capitalization of ₹55,701.89 crore, a book value of ₹155 per share, and a face value of ₹10. With a return on equity of 10% and a 2.29% dividend yield, these figures underscore the bank’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Bank of India’s outstanding shares, amounting to ₹55,701.89 crore.
Book Value:
The book value per share of Bank of India is ₹155 indicating the value of the company’s net assets divided by its outstanding shares.
Face Value:
The face value of Bank of India’s shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio:
The asset turnover ratio of 0.08 measures how efficiently the Bank of India uses its assets to generate revenue.
Total Debt:
The total debt information for the Bank of India is not provided in the given data.
Return on Equity (ROE):
The ROE of 10% measures the Bank of India’s profitability in generating income from its equity investments.
EBITDA (Q):
The quarterly EBITDA of ₹2,422.04 crore represents Bank of India’s earnings before interest, taxes, depreciation, and amortization.
Dividend Yield:
The dividend yield of 2.29% shows the annual dividend payment as a percentage of Bank of India’s current share price, indicating the return on investment from dividends alone.
Bank of India Stock Performance
Bank of India Ltd has achieved a 1-year return on investment of 29.0%, a 3-year return of 19.2%, and a 5-year return of 10.8%. These returns demonstrate the company’s consistent performance and strong growth potential for long-term investors.
| Period | Return on Investment (%) |
| 1 Year | 29.0 |
| 3 Years | 19.2 |
| 5 Years | 10.8 |
Example: If an investor had invested ₹1,000 in Bank of India Ltd’s stock:
1 year ago, their investment would be worth ₹1,290.
3 years ago, their investment would have grown to ₹1,192.
5 years ago, their investment would have increased to approximately ₹1,108.
Bank of India Peer Comparison
Bank of India Ltd has a market cap of ₹52,310 Crores and a P/E ratio of 8.49. It offers a 10% ROE and an EPS of ₹16. In comparison, Indian Bank, with a market cap of ₹72,945 Cr, has an 8 P/E and 15% ROE, while State Bank of India stands out with a market cap of ₹7,18,164 Cr and a 42% 1-year return.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| St Bk of India | 805 | 7,18,164 | 10 | 17 | 76 | 42 | 6 | 1.69 |
| Punjab Natl.Bank | 114 | 1,25,195 | 11 | 9 | 11 | 83 | 5 | 1.30 |
| Bank of Baroda | 241 | 1,24,837 | 7 | 17 | 37 | 28 | 6.33 | 3.14 |
| I O B | 60 | 1,13,225 | 41 | 10 | 1 | 98.88 | 5.41 | – |
| Canara Bank | 106 | 96,330 | 6 | 18 | 17 | 62 | 7 | 3.06 |
| Union Bank (I) | 118 | 90,229 | 6 | 16 | 19 | 29 | 6.55 | 3.06 |
| Indian Bank | 542 | 72,945 | 8 | 15 | 69 | 41 | 5.92 | 2.24 |
| Bank of India | 115 | 52,310 | 9 | 10 | 16 | 29 | 6 | 2.44 |
Bank of India Shareholding Pattern
Bank of India Ltd has a promoter holding of 73.38% as of June 2024, consistent since December 2023. FII holdings decreased to 3.61% from 4.31%, while DII holdings slightly declined to 15.46%. Retail and others increased to 7.55% from 7.65%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 73.38 | 73.38 | 73 |
| FII | 3.61 | 4.52 | 4.31 |
| DII | 15.46 | 15.82 | 14.65 |
| Retail & others | 7.55 | 6.27 | 7.65 |
Bank of India History
Bank of India Limited operates across three main segments: Treasury Operations, Wholesale Banking Operations, and Retail Banking Operations. The Treasury Operations segment manages the investment portfolio, including government and other securities, money market operations, and forex transactions.
The Wholesale Banking Operations segment covers all advances not included under retail banking. The Retail Banking Operations segment focuses on exposures up to ₹5 crore and businesses with an annual turnover less than ₹50 crore, based on a three-year average for existing entities or projected turnover for new ones.
With over 5,105 branches in India, including specialized branches, the Bank of India has a significant presence in the country. The bank also operates through subsidiaries such as BOI Shareholding Limited and BOI Star Investment Managers Private Limited, expanding its financial services portfolio.
How To Invest In Bank of India Share?
To invest in Bank of India shares, open a demat account with Alice Blue. Research the bank’s fundamentals, financial performance, and market position in the banking sector. Analyze historical stock data and compare it with other public sector banks.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as the bank’s asset quality, deposit growth, and government policies affecting public sector banks. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on bank news, quarterly results, and banking sector trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Bank of India Fundamental Analysis – FAQs
Bank of India’s fundamental analysis reveals a Market Cap of ₹55,701.89 crore, a PE Ratio of 8.49, and a Return on Equity of 10%. These metrics provide insights into the bank’s financial health, profitability, and market valuation. Debt-to-equity data is not available.
Bank of India’s market capitalization is ₹55,701.89 crore. This figure represents the total value of the bank’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Bank of India Limited is a public sector bank and financial services company in India. It offers a wide range of banking services including retail banking, corporate banking, and treasury operations, serving individual customers and businesses through its extensive branch network.
Bank of India is a public sector bank, with the Government of India being the majority shareholder. As a listed entity, a portion of its ownership is distributed among various public and institutional investors. The government’s stake ensures significant control over the bank’s operations.
The main shareholders of the Bank of India include the Government of India as the majority stakeholder, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the bank’s latest shareholding pattern disclosure.
Bank of India operates in the banking and financial services industry. As a public sector bank, it provides a comprehensive range of banking services including retail banking, corporate banking, and treasury operations, serving both individual customers and businesses across India.
To invest in Bank of India shares, open a demat account with Alice Blue. Research the bank’s performance and sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if the Bank of India is overvalued or undervalued requires analyzing its financials, asset quality, growth prospects, and comparison with other public sector banks. Consider factors like PE ratio, book value, and government policies. Consult recent analyst reports for expert opinions on the bank’s valuation
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