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Prices as of 8 Oct 2026 close · Not investment advice

Bank of Baroda

NSE: BANKBARODAPublic Sector Bank

Share price

₹234.00

-0.23% close of 8 Oct 2026

Market cap ₹1.21L CrP/E 5.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

64

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1.21L Cr

P/E ratio

5.5

P/B ratio

0.7

ROCE

5.6%

ROE

12.7%

Dividend yield

3.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹324.4552-week low ₹227.50

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 4.9% over the past year, and 14.6% a year over its longer record. Meanwhile what it keeps on lending improved from 2.5% to 3.5% over the last two years.

Whether it grew faster than its sector

It grew 14.6% a year against a sector median of 16.0% — 1.4 percentage points slower.

Room to re-rate, or risk of de-rating

At 5.5× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 6.3×, across 5 companies. It is against its own five-year median of 7.1×, the 4th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.5 times its growth rate, on earnings growth of 10%.

Profit growthPrice per ₹1 profitPer 1% growth
Bank of Baroda — this one10%/yr5.5×₹0.55
State Bank of India14%/yr10.3×₹0.74
Punjab National Bank76%/yr6.0×₹0.08
Union Bank of India32%/yr6.3×₹0.20
Indian Bank28%/yr8.5×₹0.30
Canara Bank18%/yr5.4×₹0.30

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Public Sector Bank), it ranks 8 of 12 on returns, 4 of 12 on growth. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 12.7% on capital, ahead of 33% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

This question does not fit a lender: the money it lends out is its day-to-day outflow and the deposits or premiums it takes are the inflow, so a cash bridge cannot say whether its growth pays for itself. Look at the return on owners' money instead.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Consolidated net profit fell 49% year on year to ₹1,783 crore.

Announced 24 Jul 2026 · Consolidated

Revenue

₹41,317 Cr

Net profit

₹1,783 Cr

Profit vs last year

-49.3%

Profit vs last quarter

-69.6%

Net margin

4.3%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1.21L Cr
Prev close
₹234.00
52w High
₹326
52w Low
₹224
Enterprise value
₹56,056 Cr
Beta
1.2
Price CAGR 1y
-10.0%
Price CAGR 3y
3.0%
Price CAGR 5y
22.0%
Price CAGR 10y
4.0%

Ratios

Return on assets
1.0%
PEG ratio
0.5
P/E ratio
5.5
P/B ratio
0.7
EV / EBITDA
27.6
Industry P/E
7.4
ROCE
5.6%
ROCE 5y average
—
ROE
12.7%
Debt / Equity
1.0
Interest coverage
—
Dividend yield
3.6%
ROE 3y average
15.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹1.34L Cr
Annual profit
₹20,070 Cr
Operating margin
3.0%
Net profit margin
14.9%
EBITDA margin
3.3%
Sales growth 3y
12.6%
Sales growth 5y
12.6%
Profit growth 3y
10.0%
Profit growth 5y
73.0%
EPS
₹38.4
Sales growth TTM
5.0%
Profit growth TTM
14.0%
Dividend payout
22.0%

Quarter P&L

Sales latest quarter
₹35,115 Cr
Profit latest quarter
₹1,839 Cr
YoY quarterly sales growth
6.8%
YoY quarterly profit growth
-47.7%
OPM latest quarter
5.0%

Balance Sheet

Book Value
₹320
Face Value
₹2.0
Total debt
₹1.70L Cr
Total cash
₹64,686 Cr
Borrowings
₹1.70L Cr
Reserves / Equity
159.1

Cash Flow

Operating cash flow
₹33,426 Cr
Free cash flow
₹31,911 Cr
FCF yield
—
Net cash flow
₹28,345 Cr

Shareholding

Promoter holding
64.0%
FII holding
10.1%
DII holding
18.3%
Public holding
7.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
SBI954.0010.58,81,9951.8225,120.913.71,36,240.58.46.1
Union Bank (I)173.156.41,32,2072.895,641.527.427,427.11.26.3
Punjab Natl.Bank114.596.01,31,6042.625,834.8174.333,589.23.16.1
Bank of Baroda234.555.51,21,2583.621,839.364.635,114.56.85.6
Indian Bank828.308.81,12,0652.203,357.420.518,095.111.16.3
Canara Bank119.155.51,08,2333.525,182.13.532,957.24.56.5
Bank of Maha84.158.664,8852.612,023.334.58,034.713.96.0
Median116.877.586,5592.622,663.725.319,096.08.86.0

Competes with: Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, Union Bank of India

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue28,00329,26330,04231,07231,14331,90232,57032,82032,86633,31833,60034,51435,115
Expenses11,04012,21610,55612,26910,87912,75510,65412,71212,92811,54812,39013,15512,130
Financing Profit902-4801,4844941,682-1191,772-165-3681,5796245821,684
Financing Margin %3-2525-05-0-15225
Other Income5,3166,5035,0426,5384,6587,5535,1637,0765,5385,1166,3995,474522
Interest16,06017,52818,00218,30918,58219,26620,14320,27320,30720,19120,58620,77621,301
Depreciation0000000000000
Profit before tax6,2176,0236,5267,0336,3407,4346,9356,9115,1706,6957,0246,0572,206
Tax %3128272928272623352423729
Net Profit4,4684,4264,8155,1604,7645,4055,2505,4473,5175,1815,5015,8721,839
EPS in Rs8.618.509.269.929.141010106.719.9311113.45
Gross NPA27,83527,57227,60027,39927,05928,150
Income on Investments6,4216,3216,3766,2626,1096,556
Interest on Advances23,52223,63623,50524,05624,74525,524
Interest on RBI and Inter-bank Balances564611700646585656
Net NPA6,9947,1587,1417,6156,3167,017

Filed only on the standalone basis, so shown from it: Gross NPA, Income on Investments, Interest on Advances, Interest on RBI and Inter-bank Balances, Net NPA.

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue44,91545,79944,47346,05652,90678,89574,31473,38594,1391,18,3791,27,9451,34,2981,36,546
Expenses13,46625,39119,25026,09325,81540,58338,63637,51838,23944,38745,53348,05849,223
Financing Profit902-11,700-4,372-9,197-5,414-11,728-7,523-2,9485,9574,0934,1474,3814,469
Financing Margin %2-26-10-20-10-15-10-463333
Other Income5,4495,9927,9377,9927,88712,19115,25414,39516,63923,39924,93922,52717,511
Interest30,54732,10729,59629,16032,50650,04043,20138,81549,94269,89978,26581,86082,855
Depreciation3685255409019481,6971,3571,4382,0321,6941,4671,9630
Profit before tax5,983-6,2333,024-2,1061,525-1,2346,37310,00820,56525,79927,61924,94521,981
Tax %36-1941-929-176772329292622
Net Profit3,950-5,0331,855-1,8361,1669811,6207,93315,00518,86920,86520,07018,392
EPS in Rs18-227.88-7.134.162.012.99152936403835
Dividend Payout %1801500001919212122

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
13%
3 years
13%
TTM
5%

Compounded profit growth

10 years
19%
5 years
73%
3 years
10%
TTM
14%

Stock price CAGR

10 years
4%
5 years
22%
3 years
3%
1 year
-10%

Return on equity

10 years
10%
5 years
14%
3 years
15%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4444624625305309251,0361,0361,0361,0361,0361,036
Reserves41,57442,04142,60546,03654,46675,17981,35490,8331,04,0191,18,6771,45,4671,64,833
Borrowing35,50233,84531,24264,86068,86895,75371,2631,09,5261,07,9101,01,9591,35,8131,70,297
Deposits6,29,9815,86,6906,17,2576,07,4516,65,5899,73,2289,95,91010,75,80412,34,68213,59,98014,96,68816,75,895
Other Liabilities26,46528,13427,64928,91930,21754,85053,10462,92278,22473,12382,76289,425
Total Liabilities7,33,9666,91,1737,19,2167,47,7968,19,67011,99,93512,02,66713,40,12115,25,87116,54,77518,61,76621,01,485
Fixed Assets2,9786,3595,9305,5327,3689,2688,43811,0989,8659,05413,54413,107
CWIP000000213611
Investments1,24,7391,28,8941,40,7161,75,1371,95,7162,89,7272,81,8593,47,5873,97,4874,07,1364,27,3804,35,778
Advances12,37,24014,40,458
Other Assets6,06,2485,55,9205,72,5705,67,1266,16,5869,00,9419,12,3679,81,43511,18,51612,38,58014,20,84216,52,599
Total Assets7,33,9666,91,1737,19,2167,47,7968,19,67011,99,93512,02,66713,40,12115,25,87116,54,77518,61,76621,01,485

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity17,838-10,01117,865-59,692-1,44918,531-8876,210-21,271-6,27434,89233,426
Cash from Investing Activity-556-4,005-551-414-2,537-139-471-3,645-1,096-1,285-6,494-3,275
Cash from Financing Activity-6-616-1983,4134,44914,729-986-998-5,4885,4763,790-1,806
Net Cash Flow17,276-14,63217,116-56,69246233,120-2,3441,567-27,855-2,08432,18828,345
Free Cash Flow17,282-14,01617,314-60,105-3,98618,393-1,1462,805-22,057-7,15328,97931,911

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %10-124-4212915171613

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters646464646464646464646464
FIIs121212119.878.908.988.088.719.849.6910
DIIs161616161618181919191918
Government0.260.260.260.260.260.260.260.260.080.080.080.08
Public7.647.767.328.559.569.018.838.898.307.377.337.47
No. of Shareholders12,70,48012,89,44313,29,61814,11,26617,11,54816,93,91716,89,79716,31,56215,65,74314,77,39814,59,93414,60,575

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -11.4% (₹264.15 → ₹234.00)Brick size ₹4.81 (fixed)Bricks 68
₹250₹275₹300₹325₹234Nov '25Jan '26Mar '26Jun '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹234.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

capital adequacy (CRAR) %

16.30pct

2026-06-30

CASA ratio %

37.72

cost-to-income %

49.19pct

2026-06-30

credit cost

0.29pct

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

gross NPA %

1.99pct

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net NPA %

0.50pct

2026-06-30

net interest margin %

2.89

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

provision coverage %

75.07pct

2026-06-30

FY revenue / permanent employees + workers, same basis (calc)

1,68,48,022inr

2026-03-31

return on assets %

1.06pct

2026-03-31

News

News and filings about Bank of Baroda. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Depends on the price of

  • Bond Markets
  • Interest Rates

Sells products of

Products sold by

processes data for

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Public Sector Bank
Classification
Financial Services › Public Sector Bank
ISIN
INE028A01039

Business segments

  • Other Retail Banking · 40%
  • Wholesale Banking · 32%
  • Treasury Operations · 22%
  • other Banking Operations · 6%
  • Digital Banking · 0%

News impact

Big market events that reach Bank of Baroda, and how the effect spreads.

Who it hits first

  • State Bank of India, the country's biggest government-owned bank, will close its branch counters for 3 days, so cash deposits, cheque clearing and new loan paperwork get delayed.
  • Bank of Baroda, another big government-owned bank, faces the same 3-day counter shutdown and back-office pile-up.

Who may gain

  • RBL Bank, a private bank that stays open and can take walk-in customers
  • IndusInd Bank, a private bank outside the strike that can handle urgent payments
  • One 97 Communications (Paytm), the mobile payments app people use when branches shut
  • Pine Labs, the card-machine company that earns when shoppers pay by card

Along the supply chain

Downstream

Downstream, shopkeepers, small firms and savers who rely on branch counters face late salary credits, cheque clearance and loan releases for a few days.

Upstream

Suppliers to the banks like KFin Technologies, which handles paperwork and share services, and Pine Labs, which runs card machines, see brief delays in installs and processing while branches are shut.

Where demand moves

Business

Branch business pauses for 3 days — deposits, withdrawals and loan files wait — while a slice of footfall shifts to private-bank counters and phone apps for payments and transfers.

Capital

Short-term money drifts from the two struck public banks toward private banks and digital-payment names, then drifts back once counters reopen and the backlog clears.

How it spreads across sectors

Financial Services

Government-owned banks pause for 3 days while private banks and payment apps absorb a little overflow; insurers, fund houses and exchanges keep running with no real hit.

When it plays out

Immediate

1-7 days: branches shut for 3 days, queues and backlogs build, private counters and apps see a small bump.

Medium term

1-6 months: no lasting damage unless unions call fresh strikes or the 5-day week is granted and costs shift.

Short term

1-4 weeks: branches reopen, pending cheques and loans clear, share moves fade.

Who it hits first

  • Canara Bank repays Rs 1,500 crore of AT1 bonds early after RBI approval, saving yearly interest and confirming a comfortable capital cushion — a small one-off positive for the bank only.

Who may gain

  • Canara Bank shareholders see a mild sentiment lift; holders of the called bonds get their money back early and can reinvest it.

Along the supply chain

Downstream

No downstream impact — borrowers and depositors face no change in loan rates or deposit terms from this repayment.

Upstream

No upstream impact — the bank's IT and service vendors see no change in orders from a funding housekeeping move.

Where demand moves

Business

No business demand shifts — nobody gains or loses customers or orders from one bank's bond repayment.

Capital

A touch of buying interest may drift toward Canara Bank shares on the reassuring signal; no sector-wide money rotation, since peer banks' earnings are untouched.

How it spreads across sectors

Financial Services

Near-zero ripple: a routine, bank-specific funding move with no read-through to other lenders' costs, capital or earnings; AT1 investor sentiment gets a tiny reassurance.

When it plays out

Immediate

Mild positive sentiment on Canara Bank shares for a few sessions; peers flat.

Medium term

No lasting effect — capital ratios and earnings roughly unchanged once refinancing settles.

Short term

Actual redemption completes and yearly interest saving starts; bank may issue fresh cheaper bonds.

Who it hits first

  • BSE reprices down as the listed NSE proxy — fell 3% on the band news
  • SBI, Bank of Baroda and 20+ listed holders book one-off gains on their NSE stakes
  • CDSL gains structurally from IPO-driven demat growth but dips with sector sentiment first

Who may gain

  • NSE shareholders (SBI, BoB, LICI, corporates) unlock Rs 95,000 cr combined value
  • IPO intermediaries (brokers, registrars) earn fees on India's second-biggest issue

Along the supply chain

Downstream

Retail, HNI and institutional allottees absorb the supply; grey-market premium signals listing-day demand.

Upstream

No goods chain — the 'suppliers' are selling shareholders (SBI, BoB, Morgan Stanley) supplying Rs 22,569 cr of paper.

Where demand moves

Business

The mega-IPO pulls retail and HNI money toward the primary market for a quarter, lifting demat openings, broking volumes and registrar revenues; secondary-market activity pauses around listing.

Capital

Money rotates out of BSE into IPO-bound funds pre-listing, then back based on listing-day pop; value buyers accumulate BSE and CDSL dips on peer-derating overdone fears.

How it spreads across sectors

Financial Services

exchanges and depositories re-rate on NSE's discovered multiple; holder banks book gains

When it plays out

Immediate

BSE and CDSL volatile on band/GMP headlines; holder banks edge up

Medium term

A successful listing re-rates the whole capital-market chain; a flop compresses multiples for a year

Short term

Subscription numbers and listing pop decide whether peer derating sticks or reverses

Who it hits first

  • NSE's own listing valuation reset ~15% lower
  • Selling shareholders (SBI, BoB, LIC, Morgan Stanley) realise less than hoped
  • BSE as listed peer faces a cheaper rival listing

Who may gain

  • Retail IPO applicants get a saner entry price
  • CDSL gains depository and settlement flows from the mega listing

Along the supply chain

Downstream

Investors in NSE unlisted shares mark positions to the lower band.

Upstream

No supply-chain link — an IPO-pricing event.

Where demand moves

Business

IPO pipeline work for bankers stays; NSE unlisted-share prices adjust to the new band.

Capital

Money rotates within exchange theme — BSE's scarcity premium fades as NSE lists.

How it spreads across sectors

Financial Services

exchange-theme scarcity premium compresses; holder banks book smaller gains

When it plays out

Immediate

BSE softens on cheaper-rival-listing read; holder banks flat.

Medium term

India's biggest IPO ever will anchor financial-sector index weights.

Short term

Watch price-band filing, subscription and listing pop.

Who it hits first

  • PSU bank branches (SBI, Bank of Baroda, PNB, Canara, Union, UCO) shut for a day
  • Cheque clearing and branch cash services pause; digital channels stay live
  • Private banks and fintech apps absorb spillover transactions for a day

Who may gain

  • Private banks see a one-day footfall and digital-onboarding blip
  • UPI and fintech apps handle diverted payments volume

Along the supply chain

Downstream

Retail and MSME borrowers face a day's delay on branch services; loan and EMI processing is unaffected online.

Upstream

No supply-chain link — a one-day services halt with digital rails fully open.

Where demand moves

Business

Branch banking pauses a day; digital payments, ATMs and corporate electronic channels keep commerce flowing; backlogs clear the next working day.

Capital

No durable capital rotation — a one-day strike moves no earnings; any bank-stock dip is a non-event for flows.

How it spreads across sectors

Financial Services

negligible earnings impact; private banks gain marginal goodwill

When it plays out

Immediate

PSU bank stocks may dip trivially on headlines; fintech apps see a small volume bump.

Medium term

No medium-term impact; wage talks conclude without touching bank profitability.

Short term

Watch whether unions escalate beyond a day — only an extended strike would matter.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

5 Jun 2026unspecified₹8.5
6 Jun 2025unspecified₹8.35
28 Jun 2024unspecified₹7.6
30 Jun 2023unspecified₹5.5
17 Jun 2022unspecified₹2.85
22 Jun 2017unspecified₹1.2
16 Jun 2015unspecified₹3.2
22 Jan 2015split₹0

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.