Bank of Baroda Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Published 25 Aug 2026 | Banks | Market Cap: ₹1.3L Cr

The bank reported a strong quarter with advances growth of 16-17%, indicating robust growth momentum. Credit growth guidance is maintained at 12-14% for the foreseeable future, showing steady expansion potential.

From Bank of Baroda's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

📊 Revenue & Sales Performance

Rank 3

→The bank reported a strong quarter with advances growth of 16-17%, indicating robust growth momentum.
→Management anticipates credit growth could increase up to 19-20% over the next couple of years.
→While current guidance is maintained at 12-14% growth due to geopolitical and economic uncertainties, there is potential for upward revision if conditions improve.
→Domestic NIMs remain strong at 2.93%, supporting margin sustainability amid higher asset growth.
→The international book is expected to grow further in terms of footprint and business.
→Deposits growth has been better than system average, with ongoing efforts to optimize deposit mix and cost.
→Expansion in branch network and increased headcount hiring (7,000 planned for FY 2026-27) indicate capacity building for higher volumes.
→Adoption of AI aims to repurpose workforce for improved productivity, supporting growth in customer relationships and business volumes.

📈 Profitability & Margins

Rank 3

→Credit growth guidance is maintained at 12-14% for the foreseeable future, showing steady expansion potential.
→Deposit growth guidance remains at 10-12%, supporting liquidity and asset growth.
→Net Interest Margin (NIM) is expected within the range of 2.75% to 2.95%, with confidence in sustaining margins despite some pressure.
→Cost of credit is guided below 0.6%, indicating controlled asset quality risks and lower credit costs.
→Slippage ratio is to be maintained at 1 to 1.25%, supporting stable asset quality.
→Return on Assets (ROA) is expected to be above 1% for Q2-Q4, with full-year guidance to be provided later.
→Operating profit growth was flat this quarter, but there is optimism for recovery in subsequent quarters.
→The bank plans to raise equity of INR 8,500 crore by March 2028 to support growth and capital adequacy.
→Overall, steady and robust growth in earnings, operating profits, and EPS is expected, backed by strong balance sheet and controlled risks.

See what Bank of Baroda said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

Yes

→The bank has announced plans to raise INR 8,500 crore of equity over the medium term, ending March 2028, to support strong growth and capital needs.
→There is no immediate requirement for capital raising as the current capital adequacy ratio (CRAR) is healthy at 16.3%.
→The bank plans to raise roughly INR 6,000 crore of Tier 2 capital in the current fiscal year (FY27), depending on market conditions.
→The IT budget, including OPEX and CAPEX, is currently in excess of INR 4,000 crore.
→The bank aims to raise USD 4 to 5 billion in foreign currency funds via FCNR(B), OFCB, and ECB routes, with up to USD 1 billion planned through bond issuance, subject to market conditions.
→Exploration of mergers and acquisition financing is underway in collaboration with foreign banks, evaluating 3-4 deals jointly.

💰 Fundraising & Capital Structure

Yes

→The Bank of Baroda plans to raise INR 8,500 crore of equity over the medium term, ending March 2028; no immediate requirement as current capital position is strong (16.3% CRAR).
→Plans to raise roughly INR 6,000 crore of Tier 2 debt in FY27 to replace matured instruments, timing depends on market conditions.
→Targeting to raise USD 4-5 billion via FCNR(B), OFCB, and ECB routes; out of this, about USD 1 billion through bond issuance, with potential to upsize depending on market pricing.
→The bank has a Board-approved mandate to go beyond USD 1 billion in bond issuances if market conditions allow.
→RBI's subsidy window for bond issuance is available until December 31 — the bank is poised to utilize this window based on timing and pricing.
→No immediate equity raise planned, timing will depend on market conditions and price.

See what Bank of Baroda said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

No information

The provided transcript from the Bank of Baroda's Q1 FY 2026-27 Analyst Meet does not mention any details regarding the current or expected order book or pending orders. The discussion mainly focuses on financial results, capital raising plans, the NMC case settlement, liquidity coverage ratio (LCR), asset quality, provisions, branch and workforce expansion, AI integration, and foreign currency fundraising. There is no information related to order books or pending orders in the context of banking operations or project execution.

Key Metrics

2 of 5 growth signals positive in the Q1 FY27 call.

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

No information

How does Bank of Baroda rank vs peers in Banks?

Pro feature

1Bank of Baroda

Rev 3Mar 3

See full Banks sector rankings

Price

₹242

Market Cap

₹1.3L Cr

P/E Ratio

5.8

What Bank of Baroda's management said in earlier quarters

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Frequently Asked Questions

What were Bank of Baroda Q1 FY27 results?

What is Bank of Baroda share price analysis?

Bank of Baroda currently shows a below-average growth signal. The stock trades at a P/E of 5.8 with a market cap of ₹127,733 Cr. Investors should review the full earnings analysis for detailed insights.

Is Bank of Baroda planning capital expenditure?

The bank has announced plans to raise INR 8,500 crore of equity over the medium term, ending March 2028, to support strong growth and capital needs.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

📊 Revenue & Sales Performance

🏗️ Capital Expenditure Plans

📋 Order Book & Pipeline

Key Metrics

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What Bank of Baroda's management said in earlier quarters

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Frequently Asked Questions