Quarterly Result Flash

Bank of Baroda
Key Takeaways
Bank of Baroda reported PAT of Rs.1167.9 crore in Q1 FY14 v/s market expectations of Rs.1038 crore. Net Interest Income was Rs.2889.1 crore in Q1 FY14 v/s market expectations of Rs.2893 crore. NIMs have decreased to 2.84%. Deposits have grown 22% YoY to Rs.4,67,026 crore. Advances have grown 12% YoY to Rs.3,21,314 crore. Asset quality has deteriorated. GNPA stood at 2.99% in Q1 FY14 v/s 1.84% in Q1 FY13. Net NPA has also deteriorated to 1.69% in Q1 FY14 compared to 0.65% in Q1 FY13. Price Details CMP 561

Index Details Sensex Nifty Industry Scrip Details Mkt Cap (Rs cr) Eq Shares O/s (Cr) Avg Vol (Lakhs) 52 Week H/L Dividend Yield (%) Face Value (Rs)

19346 5742 Banks

23,613 42.13 1.54 900/530 3.8 10.0

Particulars Net Interest Income (in Rs.Cr) Net Interest Margin (%) PAT (in Rs.Cr) Deposits (in Rs.Cr) Advances (in Rs.Cr) GNPA (%) NNPA (%)

Q1 FY14 2889.1 2.84 1167.9 467026 321314 2.99 1.69

Q1 FY13 Y-o-Y (%) Q4 FY13 Q-o-Q (%) 2798.1 3% 2814.0 3% 2.9 -0.1 3.2 -0.4 1138.9 3% 1028.9 14% 382739 22% 473883 -1% 285813 12% 328186 -2% 1.84 1.15 2.40 0.59 0.65 1.04 1.28 0.41

Latest shareholding pattern (%) Promoters 55.41 FIIs 15.34 Indian Institutions 18.98 Public 10.27 Total 100.00 Stock performance (%) 1m 3m BOB -2.4 -19.8 Nifty -1.7 -3.2 Bank Nifty -13.8 -20.3

6m -35.4 -4.9 -21.2

Outlook: Bottom line is higher than market expectations but the asset quality remains a concern.

Thursday, 1 August, 2013 .

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Quarterly Result Flash

Technical Levels To Watch
Upside : above 566 for 580 Downside : below 557 for 540

Thursday, 1 August, 2013

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Quarterly Result Flash

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Thursday, 1 August, 2013

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