Bank of Baroda
NSE: BANKBARODABank of Baroda: A 30-second snapshot
Bank of Baroda trades at Rs 268.5, a PE of 6.89x against a sector median closer to 15-29x among private-sector peers, with Q4FY26 PAT of Rs 5,616 crore representing 11% YoY growth. The stock is 17.5% below its 52-week high, below both moving averages, and has declined approximately 15% over the past 3 months despite the reported earnings improvement. ROE stands at 12.74% against an earnings-consistency score of 34, and 5-year revenue growth is negative at -7.6%.
P/E
6.9
Forward P/E
6.1
ROE
+12.7%
Debt / Equity
—
Profit Margin
+31.2%
Div. Yield
+3.2%
5Y ROE > 15%
1/5
5Y FCF > 0
2/5
Quality
58/100
News
8 headlines · 5 positive · 1 negative
Bank of Baroda Q4 PAT up 11% to ₹5,616 crore - The Hindu
The Hindu
Bank of Baroda Q4 Results: Profit Rises 11%, Asset Quality Improves; Dividend Declared - NDTV Profit
NDTV Profit
India's Second-Biggest State Bank Aims to Double Size in 5 Years - Bloomberg.com
Bloomberg.com
Bank of Baroda clocks 11% increase in Q4 profit at ₹5,616 cr - BusinessLine
BusinessLine
Bank of Baroda Q4 preview: Profit, NII seen weak despite strong loan growth - Business Standard
Business Standard
Recent context
- ·Q4FY26 results (May 2026): PAT of Rs 5,616 crore, up 11% YoY, with asset quality improving and a dividend declared; Business Standard had flagged pre-results risk of weak NII despite strong loan growth, suggesting NII may have been a relative soft spot.
- ·Bloomberg reported Bank of Baroda is targeting doubling its balance sheet size over 5 years, which would imply a materially higher loan-growth trajectory than the 5-year historical average implies.
- ·The stock declined approximately 15% over the 3 months to the run date despite the positive Q4 result, with the 52-week high near Rs 325 set earlier in the period; nearest identified support levels are Rs 260, Rs 255.3, and Rs 241.
Strengths
- +PE of 6.89x is the lowest among the 6-stock peer group (next lowest: Axis Bank at 15.09x), and forward PE of 6.14x reflects continued earnings growth priced in at the current level.
- +Q4FY26 PAT rose 11% YoY to Rs 5,616 crore with asset quality described as improving across multiple sources; dividend yield stands at 3.17%.
- +5-year earnings growth of +7.1% has been positive even as revenue contracted, reflecting credit-cost normalisation over the post-NPA-cycle recovery period.
- +Analyst rating of 1.85 across 34 analysts (1-5 scale, lower = more constructive) represents a constructive skew in the available coverage set.
Weaknesses
- −ROE of 12.74% has been above 15% in only 1 of the available years and FCF was positive in only 2 of the available years; consistency score of 34 is the second-lowest in the peer group, above only Bajaj Finserv (23).
- −5-year revenue growth of -7.6% indicates net interest income or loan book has not grown in aggregate over the period; profit improvement depends on sustained margin and credit-cost tailwinds rather than volume.
- −Stock is below both the 50-DMA (Rs 268.95) and 200-DMA (Rs 275.85), and 17.5% off the 52-week high with a 3-month decline of approximately 15%; RSI of 50.3 is neutral with no momentum signal in either direction.
- −Debt trend is classified as rising and debtToEquity data is unavailable for a bank-sector calculation; ROE ranks 5th of 6 peers, above only HDFC Life (11.28%).
Open questions
- ?How much of the 5-year earnings recovery reflects cyclical credit-cost normalisation versus a structural improvement in underwriting quality, and how might provisioning requirements behave in a credit-cycle downturn?
- ?Does the gap between Bank of Baroda PE of 6.89x and private-sector peers at 15-29x reflect a persistent PSU discount, a transient market dislocation, or a genuine difference in long-run return on equity expectations?
- ?If the bank targets doubling balance-sheet size over 5 years, what capital-raising requirements might that imply and how would those affect existing shareholders?
- ?ROE has exceeded 15% in only 1 of the available years; what specific conditions would be required for ROE to sustain above 15%, and does the current credit environment make those conditions more or less likely?
Peer comparison: Banking
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| BANKBARODA | Bank of BarodaYou're viewing | 6.9 | +12.7% | 50 |
| Industry avg | across 5 peers | 31.2 | +14.2% | 39 |
| BAJFINANCE | Bajaj Finance Ltd. | 29.1 | +17.9% | 53 |
| AXISBANK | Axis Bank Ltd. | 15.1 | +13.2% | 50 |
| HDFCBANK | HDFC Bank Ltd. | 16.6 | +13.8% | 50 |
| BAJAJFINSV | Bajaj Finserv Ltd. | 28.8 | +14.6% | 23 |
| HDFCLIFE | HDFC Life Insurance Company Ltd. | 66.2 | +11.3% | 20 |
Technical state
Current price
₹268.50
SMA 50
₹268.95
SMA 200
₹275.85
RSI (14)
50.3 (neutral)
From 52w high
-17.5%
1Y return
+15.0%
3M return
-15.0%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumROE of 12.74% has exceeded 15% in only 1 of the available years, and FCF was positive in only 2 of the available years; consistency score of 34 reflects lumpy provisioning cycles and uneven earnings quality typical of PSU banks.
- medium5-year revenue growth of -7.6% while 5-year earnings growth is +7.1%, indicating profit improvement has been driven by margin expansion and credit-cost normalisation rather than top-line growth; debt trend is classified as rising.
- mediumCurrent price of Rs 268.5 is below both the 50-DMA (Rs 268.95) and 200-DMA (Rs 275.85); the stock is 17.5% below its 52-week high and has declined approximately 15% over the past 3 months.
- lowBANKBARODA ranks 5th of 6 peers on ROE at 12.74%, below Bajaj Finance (17.91%), HDFC Bank (13.82%), and Axis Bank (13.15%); peer 1-year price return data is unavailable, limiting relative-momentum context.
- lowNews sample covers only 8 articles; limited coverage window constrains the reliability of the positive sentiment reading (5 positive, 1 negative).
Cross-section contradictions
- Q4FY26 net profit rose 11% YoY and asset quality improved per headlines, yet the stock has declined approximately 15% over the past 3 months and trades below both the 50-DMA and 200-DMA, indicating that the earnings outcome has not translated into sustained price momentum.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 1 Jun 2026 · rotates through NIFTY 500 every ~5 days