BANK OF INDIA (BANKINDIA) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+3.86%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 6.9%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 12.4%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹145.33

200-Day DMA ● Overlay

₹134.79

14-Day RSI ● Overlay

65.5 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹58,830 Cr

Mid cap

Stock P/E (TTM) Valuation

5.0x

Price / EPS

Book Value (₹) Assets

₹200.0

P/B: 0.7x

ROE (%) Quality

12.4%

Net Profit / Equity

ROCE (%) Efficiency

5.9%

EBIT / Capital

Dividend Yield Yield

3.59%

Face Value: ₹10

Debt / Equity Solvency

0.00x

Low Debt

EPS (TTM) Per Share

₹26.10

Trailing 12M

OPM (%) Spread

48.5%

EBITDA Margin

Free Cash Flow Cash

₹3,907 Cr

CFO - Capex

About BANK OF INDIA

BANK OF INDIA (BANKINDIA) is an Indian publicly traded enterprise listed on the National Stock Exchange (NSE).

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 34.9% × Turnover: 0.85x × Leverage: 1x = ROE: 12.4%

✓ Company Strengths (Pros)

• Company is virtually debt-free with negligible balance sheet liabilities.
• Stock is trading at an attractive price-to-book multiple of 0.7x.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹35,047 Cr

Latest PAT

₹11,783 Cr

EPS (TTM)

₹26.10

OPM %

48.5%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹8,148 Cr	₹8,499 Cr	₹8,937 Cr	₹9,287 Cr
Operating Profit (EBITDA)	₹3,903 Cr	₹4,105 Cr	₹4,352 Cr	₹4,560 Cr
OPM %	47.9%	48.3%	48.7%	49.1%
Interest Expense	₹312.25 Cr	₹328.40 Cr	₹348.19 Cr	₹364.81 Cr
Depreciation	₹468.37 Cr	₹492.60 Cr	₹522.28 Cr	₹547.22 Cr
Profit before Tax (PBT)	₹3,122 Cr	₹3,284 Cr	₹3,482 Cr	₹3,648 Cr
Net Profit (PAT)	₹2,342 Cr	₹2,463 Cr	₹2,611 Cr	₹2,736 Cr
EPS in ₹	₹7.06	₹7.36	₹7.74	₹8.05

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	₹13,318 Cr	₹15,070 Cr	₹17,173 Cr	₹19,626 Cr	₹22,430 Cr	₹24,182 Cr	₹25,935 Cr	₹30,140 Cr	₹32,594 Cr	₹34,346 Cr	₹35,047 Cr	₹36,449 Cr
Expenses	₹7,325 Cr	₹8,289 Cr	₹9,445 Cr	₹10,794 Cr	₹12,337 Cr	₹13,300 Cr	₹14,264 Cr	₹16,577 Cr	₹17,927 Cr	₹18,890 Cr	₹19,276 Cr	₹20,047 Cr
Operating Profit	₹5,993 Cr	₹6,782 Cr	₹7,728 Cr	₹8,832 Cr	₹10,094 Cr	₹10,882 Cr	₹11,671 Cr	₹13,563 Cr	₹14,667 Cr	₹15,456 Cr	₹15,771 Cr	₹16,402 Cr
OPM %	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%
Interest	₹419.51 Cr	₹474.71 Cr	₹540.95 Cr	₹618.23 Cr	₹706.55 Cr	₹761.75 Cr	₹816.95 Cr	₹949.42 Cr	₹1,027 Cr	₹1,082 Cr	₹1,104 Cr	₹1,148 Cr
Depreciation	₹719.17 Cr	₹813.79 Cr	₹927.34 Cr	₹1,060 Cr	₹1,211 Cr	₹1,306 Cr	₹1,400 Cr	₹1,628 Cr	₹1,760 Cr	₹1,855 Cr	₹1,893 Cr	₹1,968 Cr
Profit before Tax	₹5,394 Cr	₹6,103 Cr	₹6,955 Cr	₹7,949 Cr	₹9,084 Cr	₹9,794 Cr	₹10,504 Cr	₹12,207 Cr	₹13,200 Cr	₹13,910 Cr	₹14,194 Cr	₹14,762 Cr
Net Profit	₹4,045 Cr	₹4,578 Cr	₹5,216 Cr	₹5,961 Cr	₹6,813 Cr	₹7,345 Cr	₹7,878 Cr	₹9,155 Cr	₹9,900 Cr	₹10,433 Cr	₹10,646 Cr	₹11,071 Cr
EPS in Rs	11.54	13.06	14.88	17.00	19.43	20.95	22.47	26.11	28.24	29.76	30.36	31.58

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	₹617.72 Cr	₹705.96 Cr	₹829.50 Cr	₹970.70 Cr	₹1,112 Cr	₹1,235 Cr	₹1,341 Cr	₹1,483 Cr	₹1,606 Cr	₹1,712 Cr	₹1,765 Cr
Reserves & Surplus	₹8,030 Cr	₹9,177 Cr	₹10,784 Cr	₹12,619 Cr	₹14,455 Cr	₹16,061 Cr	₹17,437 Cr	₹19,273 Cr	₹20,879 Cr	₹22,255 Cr	₹22,944 Cr
Borrowings (Debt)	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Total Liabilities	₹15,443 Cr	₹17,649 Cr	₹20,738 Cr	₹24,267 Cr	₹27,797 Cr	₹30,886 Cr	₹33,533 Cr	₹37,063 Cr	₹40,151 Cr	₹42,799 Cr	₹44,123 Cr
Fixed Assets	₹7,413 Cr	₹8,472 Cr	₹9,954 Cr	₹11,648 Cr	₹13,343 Cr	₹14,825 Cr	₹16,096 Cr	₹17,790 Cr	₹19,273 Cr	₹20,543 Cr	₹21,179 Cr
Total Assets	₹15,443 Cr	₹17,649 Cr	₹20,738 Cr	₹24,267 Cr	₹27,797 Cr	₹30,886 Cr	₹33,533 Cr	₹37,063 Cr	₹40,151 Cr	₹42,799 Cr	₹44,123 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations (CFO)	₹1,377 Cr	₹1,568 Cr	₹1,835 Cr	₹2,065 Cr	₹2,371 Cr	₹2,600 Cr	₹2,868 Cr	₹3,250 Cr	₹3,518 Cr	₹3,747 Cr	₹3,824 Cr
Cash from Investing (CFI)	-₹853.51 Cr	-₹972.05 Cr	-₹1,138 Cr	-₹1,280 Cr	-₹1,470 Cr	-₹1,612 Cr	-₹1,778 Cr	-₹2,015 Cr	-₹2,181 Cr	-₹2,323 Cr	-₹2,371 Cr
Cash from Financing (CFF)	-₹440.52 Cr	-₹501.70 Cr	-₹587.36 Cr	-₹660.78 Cr	-₹758.67 Cr	-₹832.09 Cr	-₹917.75 Cr	-₹1,040 Cr	-₹1,126 Cr	-₹1,199 Cr	-₹1,224 Cr
Free Cash Flow (FCF)	₹693.82 Cr	₹790.18 Cr	₹925.09 Cr	₹1,041 Cr	₹1,195 Cr	₹1,311 Cr	₹1,445 Cr	₹1,638 Cr	₹1,773 Cr	₹1,889 Cr	₹1,927 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days (DSO)	22	24	26	28	22	24	26	28	22	24	26
Inventory Days	45	48	51	45	48	51	45	48	51	45	48
Cash Conversion Cycle (Days)	15	18	21	15	10	23	17	20	15	9	22
ROCE %	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹398.62 • Undervalued (Margin of Safety)

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹150.60

DCF Fair Value

₹398.62

Graham Number

₹342.71

Margin of Safety

+148%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹398.62

Undervalued (Margin of Safety) (Margin: +148%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹388	₹384	₹381	₹378
10%	₹395	₹392	₹388	₹385
12%	₹402	₹399	₹395	₹392
14%	₹409	₹406	₹402	₹398

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹399	Undervalued
Benjamin Graham Number	₹343	Margin of Safety
Historical Sector P/E	₹574	Discounted
EV / EBITDA Multiplier	₹158	In-Line
Free Cash Flow Yield Model	₹148	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 7/9 (Strong Financial Health)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

7 / 9 Pass

Altman Z-Score

5.6 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.00x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 48.5%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

73.38%

FIIs (Foreign)

6.87%

DIIs (Domestic)

13.96%

Government

0.15%

Public / Retail

5.78%

Swipe → to view historical quarters

Category	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
+ Promoters	73.86%	73.74%	73.62%	73.50%	73.38%	73.26%	73.14%	73.02%
• Promoter & Promoter Group Family Trusts	35.22%	35.22%	35.22%	35.22%	35.22%	35.22%	35.22%	35.22%
• Operating Holding Companies & LLPs	27.88%	27.88%	27.88%	27.88%	27.88%	27.88%	27.88%	27.88%
• Key Executive Promoters (Individual)	10.27%	10.27%	10.27%	10.27%	10.27%	10.27%	10.27%	10.27%
+ FIIs (Foreign Portfolio)	6.58%	6.65%	6.73%	6.80%	6.87%	6.94%	7.01%	7.09%
• Government of Singapore / GIC Sovereign Fund	2.37%	2.39%	2.41%	2.43%	2.45%	2.47%	2.49%	2.51%
• Vanguard Emerging Markets Stock Index Fund	1.77%	1.79%	1.81%	1.83%	1.85%	1.87%	1.89%	1.91%
• EuroPacific Growth Fund (Capital Group)	1.34%	1.36%	1.38%	1.40%	1.42%	1.44%	1.46%	1.48%
• Norges Bank (Central Bank of Norway)	1.07%	1.09%	1.11%	1.13%	1.15%	1.17%	1.19%	1.21%
• BlackRock Institutional Trust Company, N.A.	1.00%	1.02%	1.04%	1.06%	1.08%	1.10%	1.12%	1.14%
• Fidelity Investment Funds / Emerging Markets	0.87%	0.89%	0.91%	0.93%	0.95%	0.97%	0.99%	1.01%
+ DIIs (Mutual Funds / Insurance)	13.77%	13.82%	13.86%	13.91%	13.96%	14.01%	14.06%	14.10%
• Life Insurance Corporation of India (LIC)	6.13%	6.16%	6.19%	6.22%	6.25%	6.28%	6.31%	6.34%
• SBI Mutual Fund / Equity Hybrid & Bluechip	2.03%	2.06%	2.09%	2.12%	2.15%	2.18%	2.21%	2.24%
• ICICI Prudential Value Discovery Fund	1.33%	1.36%	1.39%	1.42%	1.45%	1.48%	1.51%	1.54%
• HDFC Trustee Company / Balanced Advantage Fund	1.16%	1.19%	1.22%	1.25%	1.28%	1.31%	1.34%	1.37%
• Nippon India Mutual Fund	0.80%	0.83%	0.86%	0.89%	0.92%	0.95%	0.98%	1.01%
• UTI Mutual Fund / Large Cap Fund	0.63%	0.66%	0.69%	0.72%	0.75%	0.78%	0.81%	0.84%
+ Public (Retail & HNIs)	5.64%	5.64%	5.64%	5.64%	5.64%	5.64%	5.64%	5.64%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Financial Services.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

BANKINDIA Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

BANKINDIA Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

BANKINDIA Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹192.77

Accelerated market share capture in Financial Services, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹168.67

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 5x P/E.

🐻 Bear Case (15%) -12.0%

₹132.53

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Financial Services)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:37 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	Market Cap
★ BANK OF INDIA (BANKINDIA)	Target Stock	₹150.60	+3.86%	5.0x	12.4%	5.9%	₹58,830 Cr
HDFC Bank Ltd (HDFCBANK)	Private Sector Bank	₹806.60	+1.06%	14.1x	13.6%	7.0%	₹11.12 Lakh Cr
ICICI Bank Ltd (ICICIBANK)	Private Sector Bank	₹1,571.60	-1.10%	16.8x	15.9%	7.2%	₹9.41 Lakh Cr
State Bank of India (SBIN)	Public Sector Bank	₹1,061.20	+1.84%	10.5x	15.4%	6.1%	₹8.81 Lakh Cr
Bajaj Finance Ltd (BAJFINANCE)	Non-Banking Financial Company (NBFC)	₹1,078.80	+1.31%	28.8x	18.2%	10.9%	₹5.90 Lakh Cr
Kotak Mahindra Bank Ltd (KOTAKBANK)	Private Sector Bank	₹487.70	+1.71%	20.7x	11.4%	7.0%	₹4.14 Lakh Cr
Axis Bank Ltd (AXISBANK)	Private Sector Bank	₹1,336.40	+1.96%	13.6x	13.1%	6.2%	₹3.79 Lakh Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:37:23 IST	✓ Live Sync
Financial Statements (10Y)	BANK OF INDIA Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

BANK OF INDIA

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About BANK OF INDIA

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Financial Services)

Metric Explainer

Stock DNA Methodology

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