Canara Bank

NSE: CANBK
NIFTY100
Analyst consensus:Constructive· 20 analysts
₹130.30+23.7%1Y
Last updated 03:55:49 IST· Public market feed (~15 min delay during market hours)

Canara Bank: A 30-second snapshot

Canara Bank trades at Rs 129, roughly flat over 3 months (+1.85%) but up 22.51% over the trailing year, currently below its 200-DMA (Rs 135.83) and 18.19% off its 52-week high. Q1 FY27 net profit rose 2% YoY to Rs 4,856 crore, with management guiding to 11-12% loan growth for FY27. The stock carries a trailing PE of 5.95, the lowest among 6 tracked sector peers, and a mean analyst rating of 1.7 across 20 analysts (1-5 scale, lower = more constructive).

P/E

5.9

Forward P/E

5.6

ROE

Debt / Equity

Profit Margin

+43.1%

Div. Yield

+3.3%

5Y ROE > 15%

3/5

5Y FCF > 0

3/5

Quality

67/100

Recent context

  • ·Q1 FY27 results (reported late July): net profit up 2% YoY to Rs 4,856 crore; NDTV Profit reported management guidance of 11-12% loan growth for FY27.
  • ·CNBC TV18 reported the stock moved higher after asset quality improved and slippages moderated in the Q1 print.
  • ·A headline referencing CBI searches across four states tied to a Rs 1,109-crore bank-fraud case appeared in the tracked news set (The Hindu, Jul 19); separately, BusinessLine reported the bank's MD & CEO discussing financing plans for data centres, battery storage, and power evacuation projects.

Strengths

  • +Q1 FY27 net profit rose 2% YoY to Rs 4,856 crore, with CNBC TV18 reporting improved asset quality and moderating slippages during the quarter.
  • +5-year earnings growth of 62.2% alongside a 43.13% profit margin.
  • +Trailing PE of 5.95 (forward 5.60) is the cheapest among 6 tracked sector peers, versus the next-lowest, Axis Bank, at 13.85.
  • +Mean analyst rating of 1.7 across 20 analysts (1-5 scale, lower = more constructive); management guided to 11-12% loan growth for FY27 and cited new financing verticals including data centres, battery storage, and power evacuation projects.

Weaknesses

  • Price sits below the 200-DMA (Rs 135.83, about 5% below) and is 18.19% off its 52-week high, even while trading marginally above the 50-DMA (Rs 128.20).
  • A headline in the tracked news set references CBI searches across four states tied to a Rs 1,109-crore bank-fraud case (The Hindu, Jul 19), one of 2 negative items among 8 tracked headlines; the headline does not specify which bank is involved.
  • ROE and debt-to-equity are not available in the current data set; the persistence tracker separately shows ROE above 15% in only 3 of the tracked years and flags a 'rising' debt trend (consistency score 59/100).
  • 5-year revenue growth is negative (-12.9%), even as 5-year earnings growth (+62.2%) and profit margin (43.13%) have expanded -- a top-line/bottom-line divergence worth noting.

Open questions

  • ?Does the persistence tracker's 'rising' debt trend reflect balance-sheet growth typical of an expanding loan book, or a shift in funding mix worth tracking over coming quarters?
  • ?What, if any, is the connection between Canara Bank and the Rs 1,109-crore bank-fraud case referenced in the Jul 19 CBI-search headline, given the article does not name the bank directly?
  • ?How does the -12.9% five-year revenue growth relate to sector-wide interest-rate and loan-growth cycles versus company-specific factors, given earnings still grew 62.2% over the same period?
  • ?With the peer set mixing banks, NBFCs, and an insurer, how would the PE of 5.95 compare against a bank-only peer group rather than the current 6-name cross-sector set?

Peer comparison: Banking

Ranks 3 of 6 on quality
SymbolNameP/EROEQuality
CANBKCanara BankYou're viewing5.959
Industry avgacross 5 peers30.8+12.7%51
AXISBANKAxis Bank Ltd.13.8+13.3%70
HDFCBANKHDFC Bank Ltd.15.9+13.8%66
BAJFINANCEBajaj Finance Ltd.33.647
BAJAJFINSVBajaj Finserv Ltd.32.137
HDFCLIFEHDFC Life Insurance Company Ltd.58.7+10.8%33

Technical state

Current price

₹129.00

SMA 50

₹128.20

SMA 200

₹135.83

RSI (14)

53.4 (neutral)

From 52w high

-18.2%

1Y return

+22.5%

3M return

+1.9%

50-DMA

Above

200-DMA

Below

Algorithmic support levels

₹124.61
₹123.00
₹121.49

Algorithmic resistance levels

₹131.17
₹131.20
₹131.48

Risk flags

  • medium
    Of 8 tracked headlines (2 positive, 4 neutral, 2 negative; overall label neutral), one references CBI searches across four states tied to a Rs 1,109-crore bank-fraud case (The Hindu, Jul 19); the headline itself does not name the specific bank involved. This sits alongside two positive items on the Q1 FY27 print -- CNBC TV18 reported asset quality improved and slippages moderated during the quarter.
  • low
    Price of Rs 129 sits below the 200-DMA (Rs 135.83, about 5% below) and is 18.19% off its 52-week high, though it remains marginally above the 50-DMA (Rs 128.20) and is up 22.51% over the trailing 1 year and 1.85% over the past 3 months, with RSI in a neutral 53.38.
  • low
    ROE and debt-to-equity are not available in the current fundamental keyMetrics, even though the persistence tracker separately shows ROE above 15% in only 3 of the tracked years and flags a 'rising' debt trend (consistency score 59/100) -- leaving the profitability and leverage picture incomplete for a banking stock where capital-adequacy context matters.
  • low
    5-year revenue growth of -12.9% contrasts with 5-year earnings growth of +62.2% and a 43.13% profit margin; the stock's trailing PE of 5.95 (forward 5.60) ranks 1st (cheapest) of 6 tracked sector peers, but that peer set mixes banks (Axis Bank, HDFC Bank), NBFCs (Bajaj Finance, Bajaj Finserv) and an insurer (HDFC Life), limiting like-for-like comparison.

Cross-section contradictions

  • 5-year revenue growth of -12.9% coexists with 5-year earnings growth of +62.2% and the cheapest trailing PE (5.95) among 6 tracked cross-sector peers -- a low valuation multiple alongside top-line contraction but strong bottom-line growth.
  • The Q1 FY27 print drove positive coverage of improving asset quality and moderating slippages (CNBC TV18), while a separate headline in the same tracked window references a CBI-linked bank-fraud case (The Hindu, Jul 19) -- a mixed signal within a roughly three-week span.

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 11 Aug 2026 · refreshed daily at 01:00 IST

AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 11 Aug 2026 · rotates through NIFTY 500 every ~5 days