Arthneeti

Bank of Baroda Q1 FY27 Share Price & Earnings Call Analysis

₹241.31+4.09% today
Market cap
₹1.25L Cr
P/E
5.66
ROE
12.70%
PEG
0.57
Price to sales
0.92
Debt to equity
10.89
52W high / low
₹324 / ₹228
Sales growth (5Y)
12.56%
EBITDA margin
63.95%
Net profit margin
14.94%
Promoter holding
63.97%
Sales (last year)
₹1.37L Cr

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.(Source : Company Web-site)

Guidance scorecard · Q1 FY27 call

What Bank of Baroda's management guided
and where it ranks in Banks

#19of 28 in
Banks
Revenue10–20%MarginsFlatCapexPlannedFundraisingPlannedOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • 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.

2 more points from Bank of Baroda's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

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

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • 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.

2 more points from Bank of Baroda's call on capex

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

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

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Bank of Baroda said on the order book →

Full Q1 FY27 analysis
Full Banks ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Banks
on management's own guidance

  1. AU Small FinanceGood growth
    2
  2. Canara BankGood growth
    1
  3. IDFC First BankGood growth
    3
See all potential multibaggersWhere does Bank of Baroda rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Banks companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Canara Bank20–40%Flat₹1.07L Cr5.3
2AU Small Finance20–40%Flat₹74,341 Cr26.0
3IDFC First Bank20–40%Flat₹67,332 Cr29.9
420–40%Flat₹58,716 Cr49.8
520–40%Flat₹13,576 Cr9.4
620–40%Flat₹6,759 Cr8.6

Sign up free to see every company in the sector ranking and track Bank of Baroda.

Pro shows every company guiding 40%+ revenue growth →Full Banks ranking

Financials of Bank of Baroda

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Bank of Baroda

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +27,19628,00329,26330,04231,07231,14331,90232,57032,82032,86633,31833,60034,514
Interest14,79016,06017,52818,00218,30918,58219,26620,14320,27320,30720,19120,58620,776
Expenses +10,64211,04012,21610,55612,26910,87912,75510,65412,71212,92811,54812,39013,155
Financing Profit1,764902-4801,4844941,682-1191,772-165-3681,579624582
Financing Margin %6%3%-2%5%2%5%-0%5%-0%-1%5%2%2%
Other Income +5,3325,3166,5035,0426,5384,6587,5535,1637,0765,5385,1166,3995,474
Depreciation0000000000000
Profit before tax7,0966,2176,0236,5267,0336,3407,4346,9356,9115,1706,6957,0246,057
Tax %28%31%28%27%29%28%27%26%23%35%24%23%7%
Net Profit +5,3154,4684,4264,8155,1604,7645,4055,2505,4473,5175,1815,5015,872
EPS in Rs10.168.618.509.269.929.1410.3610.0810.486.719.9310.5311.22
Gross NPA %
Net NPA %

Financials of Bank of Baroda

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +44,91545,79944,47346,05652,90678,89574,31473,38594,503118,379127,945134,298
Interest30,54732,10729,59629,16032,50650,04043,20138,81549,94269,89978,26581,860
Expenses +13,46625,39119,25026,09325,81540,58338,63637,51838,23944,38745,53350,021
Financing Profit902-11,700-4,372-9,197-5,414-11,728-7,523-2,9486,3214,0934,1472,417
Financing Margin %2%-26%-10%-20%-10%-15%-10%-4%7%3%3%2%
Other Income +5,4495,9927,9377,9927,88712,19115,25414,39516,27523,39924,93922,527
Depreciation3685255409019481,6971,3571,4382,0321,6941,4670
Profit before tax5,983-6,2333,024-2,1061,525-1,2346,37310,00820,56525,79927,61924,945
Tax %36%-19%41%-9%29%-176%77%23%29%29%26%22%
Net Profit +3,950-5,0331,855-1,8361,1669811,6207,93315,00518,86920,86520,070
EPS in Rs17.69-21.997.88-7.134.162.012.9915.1828.8236.2940.0638.38
Dividend Payout %18%0%15%0%0%0%0%19%19%21%21%22%

Financials of Bank of Baroda

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4444624625305309251,0361,0361,0361,0361,0361,036
Reserves41,57442,04142,60546,03654,46675,17981,35490,833104,019118,677145,467164,833
Deposits629,981586,690617,257607,451665,589973,228995,9101,075,8041,234,6821,359,9801,496,6881,675,895
Borrowing35,50233,84531,24264,86068,86895,75371,263109,526107,910101,959135,813170,297
Other Liabilities +26,46528,13427,64928,91930,21754,85053,10462,92278,22473,12382,76289,442
Total Liabilities733,966691,173719,216747,796819,6701,199,9351,202,6671,340,1211,525,8711,654,7751,861,7662,101,502
Fixed Assets +2,9786,3595,9305,5327,3689,2688,43811,0989,8659,05413,54412,197
CWIP000000213610
Investments124,739128,894140,716175,137195,716289,727281,859347,587397,487407,136427,380435,778
Other Assets +606,248555,920572,570567,126616,586900,941912,367981,4351,118,5161,238,5801,420,8421,653,527
Total Assets733,966691,173719,216747,796819,6701,199,9351,202,6671,340,1211,525,8711,654,7751,861,7662,101,502

Financials of Bank of Baroda

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +17,838-10,01117,865-59,692-1,44918,531-8876,210-21,354-6,27434,89233,426
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 +-6-616-1983,4134,44914,729-986-998-5,4055,4763,790-1,806
Net Cash Flow17,276-14,63217,116-56,69246233,120-2,3441,567-27,855-2,08432,18828,345
Free Cash Flow17,282-14,01617,314-60,105-3,98618,393-1,1462,805-22,140-7,15328,97931,911
CFO/OP57%-56%66%-304%11%49%12%20%-28%3%54%45%

Financials of Bank of Baroda

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %10%-12%4%-4%2%1%2%9%15%17%16%13%

Guidance history

How Bank of Baroda's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlannedPlanned—
Q4 FY26 call →10–20%FlatPlannedPlanned—
Q3 FY26 call →10–20%FlatPlannedPlanned—
Q2 FY26 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

23out of 100

Momentum score · price trend

23 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−12.1%46%
Last 6 months−8.4%39%
Last 3 months−0.1%63%

The price is 25.6% below its all-time high of ₹324.45 (26 Feb 2026). Stocks more than 20% below their peak have their score halved, so 47 became 23.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Bank of Baroda: 0.4 × 46 + 0.4 × 39 + 0.2 × 63 = 47, halved to 23 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Bank of Baroda's management said in earlier quarters

Others in Banks this season

  • Suryoday Small Finance Bank Ltd (Q2 FY27)

    Gross Advances: ₹14,972 Cr, +34.6% YoY . Key investor presentation takeaways from Suryoday Small Finance Bank Ltd's Q2 FY27 investor presentation — and how it r

  • Fino Payments Bank Ltd (Q2 FY27)

    Q2’27 Revenue: ₹333.6 Cr, up 16.6% YoY (Page 15) . Key investor presentation takeaways from Fino Payments Bank Ltd's Q2 FY27 investor presentation — and how it

  • Capital Small Finance Bank Ltd (Q2 FY27)

    Net Interest Income: INR 139 Crores (24% YoY increase from INR 112 Crores in Q2FY26) . Key investor presentation takeaways from Capital Small Finance Bank Ltd's

  • Equitas Small Finance Bank Ltd (Q2 FY27)

    Net Income for Q2FY27: ₹1,313 Cr, up 32% YoY (Page 34) . Key investor presentation takeaways from Equitas Small Finance Bank Ltd's Q2 FY27 investor presentation

Compare:vs HDFC Bank Ltdvs ICICI Bank Ltdvs SBI