Bank of Baroda
- Market cap
- ₹ 1,19,694 Cr.
- P/E
- 5.4x
- P/B
- 0.74x
- 52-week range
- 223.82 – 325.5
- ROE
- 13%
- Dividend yield
- 3.6%
- Debt / equity
- 1.05
- Sector
- Banks
- Industry
- Public Sector Bank
- Listed on
- NSE, BSE
About
The Bank of Baroda Limited is an India-based bank engaged in providing banking and financial services in India. Its segments include Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations. Its geographical segment includes Domestic Operations and Foreign Operations. It offers personal banking services, which include savings accounts, current accounts, and term deposits. It offers a range of loans, such as home loans, vehicle loans, personal loans, baroda yoddha loans for defense personnel, education loans, other loans, gold loans and mortgage loans. It offers a range of insurance, such as general insurance, life insurance, and standalone health insurance. Its products include Accounts, Digital Banking Products, Loans and Digital Loans. Its business products include Corporate Banking and Agriculture. Its Accounts products include saving accounts, current accounts and fixed deposit. The Bank has approximately 8,648 domestic branches.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Public Sector Bank: 12 companies →Bank of Baroda against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.4 against a typical 7: cheaper than most peers (1st = cheapest).3rd of 12
- Sales growth+6.8% against a typical +12.3% from a year earlier.12th of 12
- Profit growth−47.7% against a typical +23.7% from a year earlier.12th of 12
- Share price, 3 months−4.7% against a typical −5.1%.6th of 12
- Size₹ 1,19,693.7 Cr. market value against a typical ₹ 59,662.7 Cr. (1st = largest).3rd of 11
Latest announcements
Exchange filings and their impact on the company.
- Bank of Baroda hiked its repo-linked lending rate 25 bps to 8.15%, giving a small lift to interest income.
Bank of Baroda informed exchanges that its Baroda Repo Based Lending Rate will rise 25 basis points to 8.15% from 8 October 2026, as the linked repo rate moves from 5.25% to 5.50% with no change in the 2.65% mark-up. The hike passes on the higher policy rate to repo-linked borrowers. It should modestly support net interest income over the next year as loans reprice, partly offset if deposit costs also rise.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AAA to AA+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 7 Oct 2026 |
| CRISIL | Crisil AAA | Stable | 5 Aug 2026 |
| ICRA | [ICRA]AA+ | Stable | 13 Jul 2026 |
| India Ratings | Withdrawn | Stable | 27 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Oct 2026 | Withdrawn | was CARE AAA | — | CARE | — | |
| 5 Aug 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 42,657 Cr. | |
| 13 Jul 2026 | Reaffirmed | [ICRA]AA+ | — | ICRA | ₹ 16,500 Cr. | |
| 27 Feb 2026 | Withdrawn | was IND AAA | — | India Ratings | ₹ 1,59,726 Cr. | |
| 27 Feb 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 1,25,400 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 24 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and consider / recommend dividend for FY 2025-26, if any. |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 31 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 25 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 6 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29,263 | 30,042 | 31,072 | 31,143 | 31,902 | 32,570 | 32,820 | 32,866 | 33,318 | 33,600 | 34,514 | 35,115 |
| Interest | 17,528 | 18,002 | 18,309 | 18,582 | 19,266 | 20,143 | 20,273 | 20,307 | 20,191 | 20,586 | 20,776 | 21,301 |
| Expenses | 12,216 | 10,556 | 12,269 | 10,879 | 12,755 | 10,654 | 12,712 | 12,928 | 11,548 | 12,390 | 13,155 | 12,130 |
| Financing Profit | −480 | 1,484 | 494 | 1,682 | −119 | 1,772 | −165 | −368 | 1,579 | 624 | 582 | 1,684 |
| Financing Margin % | −2% | 5% | 2% | 5% | 0% | 5% | 0% | −1% | 5% | 2% | 2% | 5% |
| Other Income | 6,503 | 5,042 | 6,538 | 4,658 | 7,553 | 5,163 | 7,076 | 5,538 | 5,116 | 6,399 | 5,474 | 522 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 6,023 | 6,526 | 7,033 | 6,340 | 7,434 | 6,935 | 6,911 | 5,170 | 6,695 | 7,024 | 6,057 | 2,206 |
| Tax % | 28% | 27% | 29% | 28% | 27% | 26% | 23% | 35% | 24% | 23% | 7% | 29% |
| Net Profit | 4,426 | 4,815 | 5,160 | 4,764 | 5,405 | 5,250 | 5,447 | 3,517 | 5,181 | 5,501 | 5,872 | 1,839 |
| EPS in Rs | 8.5 | 9.26 | 9.92 | 9.14 | 10.36 | 10.08 | 10.48 | 6.71 | 9.93 | 10.53 | 11.22 | 3.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 13%
- 3 Years
- 13%
- TTM
- 5%
- 10 Years
- 19%
- 5 Years
- 73%
- 3 Years
- 10%
- TTM
- 14%
- 10 Years
- 4%
- 5 Years
- 27%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 14%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bank of Baroda | ₹ 231.82 | ₹ 1,19,694 Cr. | 5.4x | 0.7x | 13% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 19.3x | 2.9x | 16% | 25.9% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 6.6x | 1x | 15.8% | 33.2% |
Management
- Debadatta Chand
- Chief Executive Officer, Managing Director, Executive Director
- L. Sridhar Inumella V.
- Chief Financial Officer
- Shukla Saurabh Ravishankar
- Chief Technology Officer
- Elango Balasubramaniam
- Chief Group Compliance Officer
- Negi Ravindra Singh
- Group Chief Risk Officer
- Sanjay Vinayak Mudaliar
- Executive Director
- Lal Singh
- Executive Director
- Lalit Tyagi
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.