Arthneeti

Canara Bank Q2 FY27 Share Price & Earnings Call Analysis

₹117.54-1.88% today
Market cap
₹1.07L Cr
P/E
5.23
ROE
16.08%
PEG
0.28
Price to sales
0.81
Debt to equity
14.57
52W high / low
₹159 / ₹116
Sales growth (5Y)
12.46%
EBITDA margin
74.74%
Net profit margin
15.65%
Promoter holding
62.93%
Sales (last year)
₹1.31L Cr

Canara Bank was merged with erstwhile Syndicate Bank in FY21. Canara was incorporated in 1906 and nationalised in 1969, along with 13 other major commercial banks of India, by the GoI. The bank is headquartered in Bangalore.Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on April 1, 2020.

Guidance scorecard · Q2 FY27 call

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

#1of 27 in
Banks
Revenue20–40%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookRising

RevenueQ2 FY27 call

20–40%
  • Canara Bank expects robust growth across multiple segments, with total global business crossing ₹30.72 lakh crores, showing 15.88% YoY growth.
  • Global advances grew strongly by 19.46% YoY to ₹13.75 lakh crores.
  • Core business income (Net Interest Income) increased by 20.39% YoY.
  • Retail lending shows strong demand: Housing loans up by 17-18%, vehicle loans by 25%, and retail credit by 31.61% YoY.
  • Agriculture loans grew 10% quarter-on-quarter, comprising both gold loans and core agriculture.
  • Pipeline of ₹47,000 crore (close to ₹50,000 crore) in hot leads and sanctions mainly from green energy, battery energy storage, power infrastructure, and data centers indicates strong future credit growth.

2 more points from Canara Bank's call on revenue

Create a free account to keep reading this call

Full Q2 FY27 analysis

MarginsQ2 FY27 call

Flat

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

Full Q2 FY27 analysis

CapexQ2 FY27 call

Planned
  • Canara Bank is investing heavily in digital advancements, focusing on both monetary and time resources.
  • Key digital initiatives include adoption of QR code payments, school fee collection modules, and internet payment gateways.
  • Investment also extends to technology partnership with Coforge, working on technological capabilities and models currently in testing and nearing final stages, with dry runs planned within the quarter.
  • The bank is involved in a strategic divestment of its subsidiary Canbank Factors; the deal is done with an expected return of 4 times the investment (₹14 crore invested).
Full Q2 FY27 analysis

FundraisingQ2 FY27 call

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

Full Q2 FY27 analysis

Order bookQ2 FY27 call

Rising
  • Canara Bank currently has a hot lead pipeline of around ₹30,000 crore.
  • Additionally, there are ₹17,000 crore worth of loans already sanctioned but not yet disbursed.
  • The combined total pipeline and pending orders stand close to ₹47,000 crore, approximately ₹50,000 crore.
  • These orders mainly come from sectors such as green energy, battery energy storage, power evacuation, data centers, and some Hybrid Annuity Model (HAM) projects.
  • The bank sees no shortage of good leads and proposals from these sectors.

2 more points from Canara Bank's call on the order book

Create a free account to keep reading this call

Full Q2 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. This stockCanara BankGood growth
    1
  3. RBL BankGood growth
    3
See all potential multibaggersAll Banks rankings

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 BankThis stock20–40%Flat₹1.07L Cr5.3
2AU Small Finance20–40%Flat₹74,341 Cr26.0
3RBL Bank20–40%Flat₹58,716 Cr49.8
420–40%Flat₹13,576 Cr9.4
520–40%Flat₹6,759 Cr8.6
620–40%Flat₹5,337 Cr8.0

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

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

Financials of Canara Bank

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

Financials of Canara Bank

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +24,30425,45127,29028,49229,28629,17330,18230,75131,49631,52332,07230,93831,839
Interest15,29216,33717,93418,62019,22619,53420,42721,16321,55621,99222,41222,70922,024
Expenses +12,25310,99010,85912,00113,19812,01012,06610,75212,12413,14113,2514,0028,870
Financing Profit-3,241-1,876-1,504-2,129-3,138-2,371-2,312-1,165-2,185-3,610-3,5914,227944
Financing Margin %-13%-7%-6%-7%-11%-8%-8%-4%-7%-11%-11%14%3%
Other Income +7,4706,8096,6027,1388,0987,7937,8246,6798,7618,0869,9422,1524,700
Depreciation0000000000000
Profit before tax4,2294,9335,0985,0094,9605,4225,5135,5156,5764,4756,3516,3795,644
Tax %24%28%28%25%24%27%26%25%22%33%23%24%22%
Net Profit +3,3643,7553,8293,8273,9914,0984,2274,2565,1113,2334,8965,1744,575
EPS in Rs3.684.124.194.184.364.484.624.655.593.525.355.795.04
Gross NPA %5.35%5.16%4.76%4.39%4.23%4.14%3.73%3.34%2.94%2.69%2.35%2.08%1.84%
Net NPA %1.73%1.57%1.41%1.32%1.27%1.24%0.99%0.89%0.70%0.63%0.54%0.45%0.43%

Financials of Canara Bank

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +43,81344,03941,45741,34547,95149,75970,25370,61485,885110,519121,601126,371
Interest34,13334,26331,54029,11332,33935,81745,18243,03552,99072,11882,68189,138
Expenses +10,30217,78515,69125,58227,20226,80943,43741,23542,77246,14646,08239,264
Financing Profit-621-8,008-5,775-13,350-11,590-12,867-18,367-13,657-9,877-7,745-7,162-2,031
Financing Margin %-1%-18%-14%-32%-24%-26%-26%-19%-12%-7%-6%-2%
Other Income +4,7335,2667,8527,3989,90711,79923,08623,64325,32528,64631,05724,879
Depreciation4291723314564294468388411,0219028700
Profit before tax3,683-2,9141,746-6,408-2,111-1,5143,8829,14514,42720,00023,02522,848
Tax %22%-13%29%-36%-126%34%30%37%25%26%25%25%
Net Profit +2,931-2,5351,411-3,873696-1,9212,9576,15811,34515,40117,69217,879
EPS in Rs10.96-8.734.55-10.781.60-3.863.516.7512.4116.8419.3419.70
Dividend Payout %17%0%4%0%0%0%0%19%19%19%21%21%

Financials of Canara Bank

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4755435977337531,0301,6471,8141,8141,8141,8141,814
Reserves32,01731,86734,08836,16436,93640,17660,76368,14776,24090,319103,603115,891
Deposits485,802479,749495,266524,847599,123625,4081,010,9851,086,3411,179,0861,312,2421,456,4951,568,333
Borrowing13,68626,96339,59238,91041,04342,76250,01346,28558,07357,53889,665155,288
Other Liabilities +26,57824,60326,61530,78133,92832,06456,13256,20265,81673,10479,11445,999
Total Liabilities558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,0181,730,6911,887,325
Fixed Assets +6,9697,2067,1858,3358,4338,32311,26911,44710,33412,18410,14910,595
CWIP1000002201471520
Investments152,122152,470162,073157,444168,678192,645286,191311,347352,893399,207426,188407,389
Other Assets +399,466404,049426,901465,657534,672540,472882,077935,9921,017,8031,123,4801,294,2011,469,341
Total Assets558,558563,725596,159631,435711,783741,4401,179,5401,258,7891,381,0301,535,0181,730,6911,887,325

Financials of Canara Bank

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 +6,3449,3462,575-11,12018,237-5,28959,118919-39,97815,04660,6697,942
Cash from Investing Activity +-1,104-443-476-487-745-445-1,116-1,429-1,156-1,750-2,437-2,812
Cash from Financing Activity +-1,464-8061242,865-1,1857,7922904,035445-3,834-3,506-4,795
Net Cash Flow3,7768,0962,224-8,74316,3072,05958,2913,525-40,6899,46254,725335
Free Cash Flow5,5308,9762,195-11,58017,631-5,62758,19598-40,59113,79361,8306,652
CFO/OP24%41%17%-61%94%-30%226%17%-83%28%86%12%

Financials of Canara Bank

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %9%-8%4%-11%2%-5%6%9%15%18%18%18%

Guidance history

How Canara Bank's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q2 FY27 call →20–40%FlatPlanned—Rising
Q1 FY27 call →10–20%Flat———
Q4 FY26 call →10–20%FlatPlanned——
Q3 FY26 call →10–20%FlatPlannedNone planned—

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

22out of 100

Momentum score · price trend

22 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−11.6%49%
Last 6 months−12.7%34%
Last 3 months−6.0%55%

The price is 26% below its all-time high of ₹158.93 (25 Feb 2026). Stocks more than 20% below their peak have their score halved, so 44 became 22.

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 Canara Bank: 0.4 × 49 + 0.4 × 34 + 0.2 × 55 = 44, halved to 22 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 30 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 Canara Bank's management said in earlier quarters

Others in Banks this season

  • Bank of Baroda (Q2 FY27)

    Total Income in Q2 FY27: ₹45,784 crore, up 19.1% YoY (Page 45) . Key investor presentation takeaways from Bank of Baroda's Q2 FY27 investor presentation — and h

  • 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

Compare:vs HDFC Bank Ltdvs ICICI Bank Ltdvs SBI