Canara Bank

Quick check

The five things to look at first. Open one for more.

• DebtLook closerRated AA+ by ICRA.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 9.6% and profit rose 9.9% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 63% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 5.2 times its yearly earnings (P/E), cheaper than 86% of the time in the last 5 years. Its usual P/E is about 6.

Canara Bank 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)5.2 against a typical 7: cheaper than most peers (1st = cheapest).2nd of 12
• Sales growth+9.6% against a typical +12.3% from a year earlier.8th of 12
• Profit growth+9.9% against a typical +23.7% from a year earlier.11th of 12
• Share price, 3 months−5.5% against a typical −5.1%.7th of 12
• Size₹ 1,05,582.4 Cr. market value against a typical ₹ 59,662.7 Cr. (1st = largest).5th of 11

Exchange filings and their impact on the company.

• 27 Oct 2026UpdatesLow impactPositivePrice −0.2% on 28 Oct
  RBI cleared Rs 1,500 cr AT1 bond call; tiny debt and interest saving, no material business impact.

  Canara Bank has received RBI approval dated 27 October 2026 to exercise the call option on its Rs 1,500 crore Basel III Additional Tier 1 bonds (ISIN INE476A08134). The bank said it is in the process of exercising the call as per the terms of issuance. The redemption will marginally reduce borrowings and save future coupon payments, with no material impact on business scale.

  Full analysisFiling
• 23 Oct 2026UpdatesLow impactPositivePrice +0.5% on 26 Oct
  Canara Bank repaid Rs 1500 cr AT1 bonds plus Rs 126 cr interest on time, trimming debt and future coupon.

  Canara Bank paid Rs 1626 crore on 23 October 2026 to holders of its Basel III Additional Tier 1 bonds, comprising Rs 1500 crore principal and Rs 126 crore annual interest. The redemption was a full call-option exercise of the Rs 1500 crore issue, leaving nil outstanding. The timely payment modestly reduces borrowings and saves about Rs 126 crore in annual coupon going forward.

  Full analysisFiling
• 14 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +3.6% that day
  Canara Bank reported Q2 FY27 results for September 2026, pointing to continued earnings momentum.

  Canara Bank's board approved its financial results for the quarter and half-year ended September 30, 2026. The detailed P&L figures were not available in the extracted text, but prior quarters showed revenue around Rs 32000-33000 cr and net profit around Rs 4900-5200 cr with Gross NPA improving to 1.57%. The Q2 filing confirms continued operations and, on trend, implies steady earnings and balance sheet accretion over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Brajesh Kumar Singh

Chief Executive Officer, Managing Director, Executive Director

Amit Mittal

Group Chief Financial Officer

Hardeep Singh Ahluwalia

Executive Director

Sunil Kumar Chugh

Executive Director

Bhavendra Kumar

Executive Director

S. K. K Majumdar

Executive Director

Santosh Kumar Barik

Company Secretary