| Management target | Revenue 11.0% FY27 |
|---|
| Revenue growth | Global advances grew 17.97% YoY; Deposits grew 11.63% YoY. |
|---|---|
| Margins | NIM protected at 2.52% despite repo rate transmission headwinds. |
| Order book | ₹50,000 Cr secret pipeline; ₹18,000 Cr sanctioned but undisbursed. |
| Demand visibility | Strong corporate traction; gold loan book reached ₹2.49 lakh Cr. |
| Management confidence | High; management noted they 'bettered everywhere on count of guidance'. |
Growth
Global business grew 14.37% YoY to ₹29.05 lakh Cr; Net Interest Income rose 13.39% to ₹10,215 Cr.
Outlook
Guidance for 9-10% deposit and 10-12% advance growth. Targeted NIM of 2.50-2.60% and ROA above 1%.
Risks
Pressure on NIM due to high-cost bulk deposits and upcoming ECL provision requirements estimated at ₹12,000-13,000 Cr.
Last quarter's promises, checked
Delivered
- Guided 10-11% advance growth → delivered 15.30% (= BEAT)
- Guided NIM 2.5-2.6% → delivered 2.52% (= BEAT)
- Guided ROA >1% → delivered >1% (= BEAT)
Partly delivered
- Guided 11-12% deposit growth → delivered 11.63% (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: CANBK. Summary written with AI assistance from the document.
Canara Bank: key numbers
- Share price
- ₹124.99
- Market cap
- ₹1,13,374 Cr
- Revenue (annual)
- ₹1,26,371 Cr
- Net profit (annual)
- ₹17,873 Cr
- P/E (TTM)
- 5.7×Sector 22.0×
- Promoter holding
- 62.93%+0.00% QoQ
- FII holding
- 12.68%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Canara Bank
All →Canara Bank Debt & Borrowing: ₹377 Cr
Canara Bank has completed the annual interest payment of Rs. 377 Crore for its non-convertible debentures, adhering to regulatory compliance.
- Value
- ₹377.0 Cr
Canara Bank Management Change
The Department of Financial Services has extended the tenure of Shri Bhavendra Kumar as Executive Director of Canara Bank until 31.10.2027 or further orders.
Canara Bank Credit Rating
CareEdge Global Ratings has assigned a 'CareEdge BBB+/Stable' rating to Canara Bank’s USD 3 billion Medium-Term Notes (MTN) programme.
- Value
- ₹28,500 Cr
Canara Bank Other Announcement
Canara Bank has uploaded an offering circular for its existing medium term note programme on India International Exchange and NSE International Exchange.
Canara Bank Debt & Borrowing
Canara Bank has allotted non-convertible bonds to investors. This issuance pertains to the bank's debt securities portfolio.
Canara Bank Credit Rating
Canara Bank received confirmation from Fitch Ratings for its US$3 Billion Medium Term Note programme, maintaining existing ratings.