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Canara Bank Ltd
NSE: CANBK BSE: 532483 INE476A01022 Financial Services Bank 🔎 Screen
NIFTY Next 50 NIFTY 100 NIFTY 200 NIFTY 500 NIFTY Bank PSU Bank
₹119,687 Cr
Market Cap
1.03
P/B
2.52%
NIM
16.1%
ROE
1.57%
GNPA
1.3%
Fin. Margin
-16.3%
% from 52W High
76
α RS
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

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.

✓ Strengths 3
  • Stock is trading at 0.97 times its book value
  • Stock is providing a good dividend yield of 3.18%.
  • Company has been maintaining a healthy dividend payout of 20.4%
! Concerns 4
  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.6,04,935 Cr.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 268 days to 432 days
Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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📈 STRONG Net profit surges 60% YoY to ₹5,182 Cr, strong income growth
Revenue
Revenue rose 4.5% YoY to ₹32,957 Cr, driven by a 3.5% QoQ increase. Other income stood at ₹6,739 Cr, while interest income was ₹22,737 Cr.
Profitability
Net profit jumped 60.3% YoY to ₹5,182 Cr, with EPS improving from ₹3.52 to ₹5.71. Pre-tax profit was ₹6,567 Cr and the tax rate was 26%.
Margins
Financing margin (NIM) saw a slight dip of 1% YoY but improved 3% QoQ. The sequential recovery indicates some stabilization, though YoY compression remains a watch-point.
Cash Flow
Skip — not applicable for banking/financial companies
Balance Sheet
ROE stood at 16.1% and the PE is 5.67. Balance sheet details like advances and deposits are not provided, but profitability metrics suggest sound capital efficiency.
Key Risks
NIM compression remains a concern despite QoQ improvement. Asset quality and credit costs could be impacted by economic slowdown. Regulatory changes on capital requirements may also pose risks.
Outlook
The strong profit growth and sequential NIM recovery bode well for near-term performance. Sustained loan growth and stable asset quality will be key to maintaining momentum.
Generated by AI · Jun 2026 results · Not investment advice
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Revenue by Segment

Segment Q4FY26 Trend
Retail Banking operations
17,116
Treasury Operations
6,843
wholesale Banking operations
12,580
Total 36,539

Source: NSE Integrated Filing XBRL (Reg. 33 Ind AS). Values in ₹ Crore.

🏦 Banking KPIs

NIM, GNPA, CASA, CAR, ROA, ROE and more — extracted from investor presentations
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Investment Risk:
Investing in securities, including equities and mutual funds, involves inherent risks, including the potential loss of principal. All investments are subject to market fluctuations, regulatory changes, and other risks that may affect their value. Past performance is not indicative of future results. This report is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

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This report does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a SEBI-registered investment adviser or other qualified financial professional before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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The author and/or analyst may currently hold or have previously held positions in the securities or financial instruments discussed in this report. Any such positions, if material, are disclosed to the best of the author's knowledge and are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company, institution, or third party.

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The analysis and opinions expressed herein are based on publicly available information, including but not limited to company filings with the BSE/NSE, annual reports, management commentary, investor presentations, data from the Reserve Bank of India (RBI), SEBI, industry publications, and other reliable financial data sources. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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