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Central Bank of India

(CENTRALBK)

₹59.281.27%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹59
    ₹60.19
  • 52 Week's Low

    52 Week's High

    ₹40.85
    ₹76.9
1 Month Return-0.4 %
3 Month Return-7.53 %
1 Year Return+ 16.02 %
Previous Close₹60.04
Open₹60.00
Volume28.49L
Upper Circuit-
Lower Circuit-
Market Cap₹52,120.36Cr

Key Statistics

P/E Ratio16.68
PEG Ratio11.83
Market Cap₹52,120.36 Cr
P/B Ratio1.85
EPS3.08
Dividend Yield0
SectorBanks
ROE9.53

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹52,120.36 Cr40.95%NA₹2,667 Cr₹35,662 Cr
NA₹98,255.45 Cr45.74%NA₹5,788 Cr₹30,421 Cr
NA₹58,512.46 Cr46.14%NA₹1,671 Cr₹25,119 Cr
NA₹1,10,030.94 Cr98.8%NA₹2,665 Cr₹29,730 Cr
NA₹42,353.70 Cr78.86%NA₹4,071 Cr₹23,509 Cr

Company Information

Central Bank of India is one of the oldest and largest banking institutions in India, which provides financial products and services like deposits, lending, investments, insurance, mutual funds, etc. It has branches in 35 States and Union Territories in India. The Bank is divided into three major divisions - retail, agriculture, and corporate - offering their respective services. It also issues traveller's cheques and gift cheques. Central Bank of India was nationalized in 1969 and renamed as such. Over the years, it has launched various initiatives and products, such as loan schemes, ATM services, mutual fund products, agency agreements with other companies, etc. It also rolled out over 400 ATMs in 2008 and has been consistently been increasing its network. As of March 31st 2022, Bank has a network of 4528 branches, 2976 ATMs, 10 satellite offices, and 1 Extension Counter spread across the country.

Share Price: ₹59.28 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹52,120.36Cr as of today
Revenue: ₹9,533.37Cr as on June 2024 (Q2 24)
Net Profit: ₹942.42Cr as on June 2024 (Q2 24)
Listing date: 21 Aug, 2007
OrganisationCentral Bank of India
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for Central Bank of India

  • Central Bank of India Faces Competition from Mutual Funds - 06 Sep, 2024

    M.V. Rao, MD & CEO of Central Bank of India, stated that regulatory constraints prevent banks from offering competitive returns on savings accounts compared to mutual funds.

  • Central Bank of India Discusses Savings Returns Regulation - 05 Sep, 2024

    MV Rao, MD & CEO of Central Bank of India, highlighted that regulatory constraints limit banks' ability to offer higher returns on savings accounts.

  • AJR Infra's Unpaid Dues Impacting Central Bank - 24 Aug, 2024

    AJR Infra and Tolling Ltd owes Rs 312 crores in unpaid dues to lenders, including Central Bank of India, raising concerns about financial stability.

  • Central Bank of India Expands Ventures and Partnerships - 23 Aug, 2024

    Central Bank of India successfully bids for Future Enterprises Ltd's insurance stakes and partners with Piramal Finance to enhance co-lending services, targeting the unorganized sector.

  • Central Bank of India Forms Strategic Co-Lending Partnership - 22 Aug, 2024

    Central Bank of India has partnered with Piramal Capital & Housing Finance to offer MSME-LAP and Home Loans at competitive rates, enhancing its portfolio expansion.

  • Central Bank Wins Bid for Future Enterprises Stake - 21 Aug, 2024

    Central Bank of India has emerged as the successful bidder for Future Enterprises Ltd's stake in Future Generali India Life Insurance and Future Generali India Insurance, with a bid of Rs 508 crore approved by the Committee of Creditors.

  • Central Bank of India to Acquire Future Enterprises Stakes - 19 Aug, 2024

    Central Bank of India is set to acquire Future Enterprises' stakes in two insurance joint ventures, enhancing its presence in the insurance sector amid the conglomerate's insolvency proceedings.

  • Central Bank of India Receives Positive Ratings Action - 09 Aug, 2024

    CRISIL has revised the ratings outlook for Central Bank of India’s tier-II and tier-I bonds to Positive from Stable, reaffirming ratings at CRISIL AA-/CRISIL A+. The rating on the certificate of deposits programme remains at CRISIL A1+. Additionally, CRISIL withdrew ratings on certain bonds at the bank's request.

  • RBI Maintains Repo Rate and GDP Growth Forecast - 08 Aug, 2024

    The Reserve Bank of India has decided to keep the repo rate steady at 6.50% for the ninth consecutive time, with GDP growth forecast unchanged at 7.20% for FY25.

Insights on Central Bank of India

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CENTRALBK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 494.98 Cr → 942.42 Cr (in ₹), with an average increase of 14.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.11% to 0.12% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 13.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 93.08% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 3.95% to 3.94% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, CENTRALBK stock has moved down by -7.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.17% to 0.16% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 9.73K Cr → 9.53K Cr (in ₹), with an average decrease of 2.1% per quarter

Central Bank of India Infographics

Will Go First bankruptcy hurt Central Bank of India?

Central Bank of India had the highest exposure to Go First at Rs 1,987 crores. Since the airline filed for bankruptcy, the Central Bank of India share price fell by more than 7% till 4th May, 2023. Other banks which had substantial exposure included Bank of Baroda, IDBI Bank and Deutsche Bank.

  • Central Bank of India had the highest exposure to Go First at Rs 1,987 crores. Since the airline filed for bankruptcy, the Central Bank of India share price fell by more than 7% till 4th May, 2023. Other banks which had substantial exposure included Bank of Baroda, IDBI Bank and Deutsche Bank.

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹8,218.02Cr (-)₹8,438.51Cr (↑2.68%)₹9,171.16Cr (↑8.68%)₹9,734.30Cr (↑6.14%)₹9,533.37Cr (↓2.06%)
Net Income₹494.98Cr (-)₹621.95Cr (↑25.65%)₹734.47Cr (↑18.09%)₹816.29Cr (↑11.14%)₹942.42Cr (↑15.45%)
Net Profit Margin6.02% (-)7.37% (↑22.43%)8.01% (↑8.68%)8.39% (↑4.74%)9.89% (↑17.88%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,70,089.57Cr (-)₹3,87,291.27Cr (↑4.65%)₹4,06,956.65Cr (↑5.08%)₹4,47,493.23Cr (↑9.96%)
Total Liabilities₹3,70,089.57Cr (-)₹3,87,291.27Cr (↑4.65%)₹4,06,956.65Cr (↑5.08%)₹4,47,493.23Cr (↑9.96%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,770.64Cr (-)-₹1,986.89Cr (↓212.21%)₹14,268.32Cr (↓818.12%)-₹8,794.18Cr (↓161.63%)-₹5,916.22Cr (↓32.73%)

Index Inclusions

S&P BSE PSU

₹20,748.32

-0.45 (-92.92%)

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

Nifty Small 100

₹19,389.75

-0.39 (-75.8%)

Nifty PSU Bank

₹6,676.95

0.02 (1.55%)

S&P BSE Fin. Ser

₹11,861.53

1 (117.03%)

Nifty Smallcap 250

₹18,475.80

-0.34 (-62.5%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

BSE Small-Cap

₹56,915.93

-0.52 (-299.02%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

BSE 200

₹11,731.01

-0.34 (-40.29%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
93.08%
0.00
Foreign Institutions
0.16%
-3.97
Mutual Funds
0.12%
6.48
Retail Investors
3.94%
-0.09
Others
2.7%
0.12

Key Indicators

Details202220232024
Return On Equity %4.496.429.53
Details20202021202220232024
Return On Assets %-0.35-0.270.280.410.6
Details20202021202220232024
Book Value Per Share (₹)32.5330.4727.4629.4532.59
Details20202021202220232024
Earning Per Share (₹)-1.97-1.691.251.943.08

Central Bank of India Valuation

Central Bank of India in the last 5 years

  • Overview

  • Trends

Lowest (-16.93x)

June 30, 2021

Industry (15.76x)

September 17, 2024

Today (16.68x)

September 17, 2024

Highest (27.99x)

December 14, 2022

LowHigh

Earnings and Dividends

  • Central Bank of India Earnings Results

    Central Bank of India’s net profit jumped 90.4% since last year same period to ₹942.42Cr in the Q1 2024-2025. On a quarterly growth basis, Central Bank of India has generated 15.45% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Central Bank of India Dividends May,2015

    In the quarter ending March 2015, Central Bank of India has declared dividend of ₹0.50 - translating a dividend yield of 0.83%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Central Bank of India is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Central Bank of India (CENTRALBK) share price today is ₹59.28

Central Bank of India is listed on NSE

Central Bank of India is listed on BSE

  • Today’s highest price of Central Bank of India is ₹60.19.
  • Today’s lowest price of Central Bank of India is ₹59.

PE Ratio of Central Bank of India is 16.68

PE ratio = Central Bank of India Market price per share / Central Bank of India Earnings per share

Today’s traded volume of Central Bank of India(CENTRALBK) is 28.49L.

Today’s market capitalisation of Central Bank of India(CENTRALBK) is ₹52120.36Cr.

Central Bank of India(CENTRALBKPrice
52 Week High
₹76.9
52 Week Low
₹40.85

Central Bank of India(CENTRALBK) share price is ₹59.28. It is down -22.91% from its 52 Week High price of ₹76.9

Central Bank of India(CENTRALBK) share price is ₹59.28. It is up 45.12% from its 52 Week Low price of ₹40.85

Central Bank of India(CENTRALBKReturns
1 Day Returns
-0.76%
1 Month Returns
-0.4%
3 Month Returns
-7.53%
1 Year Returns
16.02%