Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Join Channel
Consolidated Standalone

Canara Bank

₹548.2 2.7 | 0.5%

Market Cap ₹99451 Cr.

Stock P/E 6.5

P/B 1.2

Current Price ₹548.2

Book Value ₹ 457.6

Face Value 10

52W High ₹632.7

Dividend Yield 2.94%

52W Low ₹ 291.3

Edit Ratio

Canara Bank Research see more...

Stocx User

Canara bank research report

Overview Inc. Year: 1906Industry: Bank - Public

Canara Bank Ltd. is an primarily India-based financial institution. The Bank's segments include Wholesale Banking Operations, Life Insurance Operation,Treasury Operations, Retail Banking Operations, and Other Banking Operations. The Bank presents private banking, corporate banking, non-resident Indians banking, Internet banking, and micro, small and medium companies (MSME) banking offerings. Its retail lending operations include schooling loans, car loans, housing loans and other private loans. Its different services consist of service provider banking, bancassurance and mutual funds and government enterprise. The Bank undertakes authorities commercial enterprise, comprising direct and indirect tax collections; fee of Central Government and State Government Pensions; public provident fund scheme and senior citizens' saving scheme,managing of postal transactions and State Government treasury transactions; and issuing Sovereign Gold Bonds and Sukanya Samridhi Scheme. It has approximately 10,416 home branches.

Read More..

Canara Bank Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Canara Bank Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Interest Earned 17983 18227 18537 20482 22561 24304 25451 27290 28492 29286
Other Income 4861 6292 5202 6876 5777 7470 6809 6602 7138 8098
Total Income 22844 24518 23739 27358 28338 31774 32259 33891 35630 37384
Interest Expense 10761 10856 11396 12681 13622 15292 16337 17934 18620 19226
Operating Expenditure 6140 7097 5694 7689 7707 9156 8270 8250 10102 10714
Provisions and contingencies 2246 3727 3689 3638 3124 3098 2720 2609 1899 2484
Operating Profit 3696 2839 2961 3351 3886 4229 4933 5098 5009 4960
Profit Before Tax 2341 2839 2961 3351 3886 4229 4933 5098 5009 4960
Provision for Tax 710 870 903 757 963 996 1359 1421 1270 1167
Profit After Tax 1631 1969 2058 2593 2923 3233 3574 3677 3738 3793
Adjustments 26 -50 121 112 110 104 165 120 52 159
Profit After Adjustments 1657 1919 2180 2706 3033 3337 3739 3798 3790 3952
Adjusted Earnings Per Share 9.1 10.6 12 14.9 16.7 18.4 20.6 20.9 20.9 21.8

Canara Bank Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Interest Earned 34070 39570 43813 44039 41457 41345 47951 49759 70253 70614 85885 110519
Other Income 3308 4144 4733 5131 7852 7398 9907 11799 23086 23643 25325 28647
Total Income 37378 43714 48547 49171 49309 48743 57858 61558 93339 94257 111210 139164
Interest Expense 26198 30606 34133 34263 31540 29113 32339 35817 45182 43035 52990 72117
Operating Expenditure 5180 6116 7266 7592 8612 9838 14566 16067 28285 27924 30245 37336
Provisions and contingencies 2228 3750 3464 10365 7410 16201 13065 11188 15990 14153 13548 9712
Operating Profit 3771 3242 3683 -3049 1746 -6408 -2111 -1514 3882 9145 14427 20000
Profit Before Tax 3771 3242 3683 -3049 1746 -6408 -2111 -1514 3882 9145 14427 20000
Provision for Tax 820 652 825 -379 513 -2321 -2659 509 1180 3350 3619 5217
Profit After Tax 2952 2590 2858 -2670 1234 -4087 547 -2023 2702 5795 10808 14782
Adjustments 18 41 7 63 125 136 55 36 189 330 447 496
Profit After Adjustments 2970 2630 2865 -2607 1358 -3951 602 -1986 2891 6125 11255 15279
Adjusted Earnings Per Share 65.2 55.5 58.6 -46.7 22.7 -53.9 8 -19.3 17.6 33.8 62 84.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 22% 20% 16% 10%
Operating Profit CAGR 58% 0% 0% 14%
PAT CAGR 87% 0% 0% 14%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 82% 55% 16% 7%
ROE Average 16% 11% 6% 4%
ROCE Average 15% 11% 7% 6%

Canara Bank Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 25176 30176 32492 32410 34685 36898 37689 41206 62410 69961 78054
Minority's Interest 232 314 379 449 498 522 668 730 793 825 904
Deposits 355685 420604 473725 479749 495266 524847 599123 625408 1010985 1086341 1179086
Borrowings 20355 27310 25763 26963 39592 38909 41043 42762 50013 46285 58073
Other Liabilities & Provisions 17876 22686 26199 24154 26117 30259 33260 31334 55339 55377 64912
Total Liabilities 419324 501090 558558 563725 596159 631435 711783 741440 1179540 1258789 1381030
Cash and balance with RBI 15415 22161 21977 20665 19924 22102 29921 22573 43116 51637 55045
Bank Balance 19364 22711 26671 36079 39043 28122 36610 46017 135750 130754 86658
Investments 127534 135445 152122 152470 162073 157444 168678 192645 286191 311347 352893
Advances 242436 301326 330294 324992 342320 382075 428115 432403 639287 703864 830929
Fixed Assets 2883 6661 6969 7206 7185 8335 8433 8323 11269 11447 10334
Other Assets 11692 12785 20524 22313 25613 33357 40026 39478 63924 49736 45171
Total Assets 419324 501090 558558 563725 596159 631435 711783 741440 1179540 1258789 1381030

Canara Bank Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 28247 34779 44872 48648 56744 58967 50225 66531 120575 178866 182391
Cash Flow from Operating Activities 8010 14244 6344 9346 2575 -11120 18237 -5289 59118 919 -39978
Cash Flow from Investing Activities -456 -496 -1038 -485 -401 -553 -730 -411 -1029 -1256 -1238
Cash Flow from Financing Activities -1043 -3771 -1464 -806 124 2865 -1185 7792 290 4035 445
Net Cash Inflow / Outflow 6512 9977 3842 8055 2298 -8808 16322 2092 58379 3699 -40770
Closing Cash & Cash Equivalent 34779 44872 48648 56744 58967 50225 66531 68590 178866 182391 141703

Canara Bank Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 65.2 55.46 58.64 -46.7 22.74 -53.89 7.99 -19.28 17.55 33.76 62.04
CEPS(Rs) 69.02 59.45 67.28 -44.75 26.2 -49.52 12.96 -15.3 21.5 36.58 65.2
DPS(Rs) 13 11 10.5 0 1 0 0 0 0 6.5 12
Book NAV/Share(Rs) 508.15 520.4 554.42 483.03 490.75 414.23 414.75 338.5 328.68 338.76 388.97
Yield on Advances 14.05 13.13 13.26 13.55 12.11 10.82 11.2 11.51 10.99 10.03 10.34
Yield on Investments 7.7 8.1 7.8 8.17 8.49 7.89 7.41 6.69 7.66 7.04 6.36
Cost of Liabilities 6.97 6.83 6.83 6.76 5.9 5.16 5.05 5.36 4.26 3.8 4.28
NIM (Net Interest Margin) 1.94 1.86 1.82 1.83 1.76 2.07 2.35 2.01 2.27 2.3 2.48
Interest Spread 7.09 6.3 6.43 6.79 6.21 5.66 6.15 6.15 6.73 6.23 6.05
ROA(%) 0.74 0.56 0.54 -0.48 0.21 -0.67 0.08 -0.28 0.28 0.48 0.82
ROE(%) 13.38 10.83 11.04 -9.88 4.38 -13.7 1.78 -6.12 6.07 10.03 16.37
ROCE(%) 11.24 10.1 10.01 -1.91 5.58 -5.91 0.16 0.95 7.09 10.87 14.75
PER(x) 5.73 4.64 6.1 0 13.32 0 36.54 0 8.67 6.74 4.59
Price/Book(x) 0.74 0.49 0.65 0.38 0.62 0.64 0.7 0.27 0.46 0.67 0.73
Dividend Yield(%) 3.38 4.16 2.85 0 0.33 0 0 0 0 2.86 4.22
EV/Net Sales(x) 1.1 1 0.99 0.85 1.39 1.41 1.31 1.05 1.07 1.24 1.28
EV/Core EBITDA(x) 6.23 5.65 6.05 5.09 6.3 5.95 5.75 5.38 3.78 3.76 3.92
Interest Earned Growth(%) 10.56 16.14 10.72 0.52 -5.86 -0.27 15.98 3.77 41.19 0.51 21.63
Net Profit Growth -9.1 -12.27 10.37 -193.43 146.2 -431.33 113.39 -469.64 233.6 114.48 86.5
Advances Growth 4.17 24.29 9.61 -1.61 5.33 11.61 12.05 1 47.84 10.1 18.05
EPS Growth(%) -11.13 -14.94 5.72 -179.64 148.69 -336.97 114.83 -341.32 191.04 92.34 83.76
Loans/Deposits(x) 5.72 6.49 5.44 5.62 7.99 7.41 6.85 6.84 4.95 4.26 4.93
Cash/Deposits(x) 0.04 0.05 0.05 0.04 0.04 0.04 0.05 0.04 0.04 0.05 0.05
Current Ratio(x) 0.36 0.32 0.32 0.32 0.33 0.3 0.28 0.31 0.28 0.29 0.3
Quick Ratio(x) 5.72 6.49 5.44 5.62 7.99 7.41 6.85 6.84 4.95 4.26 4.93
CASA % 24.15 24.55 23.94 25.75 30.23 31.83 29.18 31.37 32.73 33.93 31.08

Canara Bank Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 62.93 62.93 62.93 62.93 62.93 62.93 62.93 62.93 62.93 62.93
FII 7.62 8.48 7.97 8.44 8.74 8.95 8.92 10.19 11.21 10.55
DII 13.83 13.61 13.82 15.35 16.61 16.19 15.93 14.92 14.3 14.41
Public 15.62 14.97 15.27 13.28 11.72 11.92 12.22 11.96 11.56 12.11
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Earnings include an other income of Rs. 25325 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Canara Bank News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!