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Canara Bank

CANBKFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

13 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (5 of 13 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
ANALYST_MEET202207292021-06-30yes
ANALYST_MEET202210252021-09-30yes
ANALYST_MEET202301272021-12-31yes
TRANSCRIPT202205112022-03-31yes
TRANSCRIPT202305122022-03-31yes
ANALYST_MEET202307282022-06-30yes
ANALYST_MEET202405142023-03-31yes
TRANSCRIPT202501292023-12-31yes
TRANSCRIPT202507282024-06-30yes
TRANSCRIPT202511032025-09-30yes
TRANSCRIPT202601302025-12-31yes
TRANSCRIPT202605142026-03-31yes
TRANSCRIPT202607292026-06-30yes

CANBK

files the banking form. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionbanking
Scope servedconsolidated
Panels on this page5

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close125.90
52-week range118.08 – 158.93
Return 1M-2.26%
Return 3M-2.37%
Return 1Y2.43%
Return 3Y67.84%
Return 5Y299.18%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Interest earned32,957.00
Interest on advances and bills24,685.00
Income on investments6,464.00
Interest on balances with the RBI and interbank funds1,463.00
Other interest345.00
Interest expended22,737.00
Other income6,739.00
Total income39,696.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.630.00
institutions foreign0.13-0.02
institutions domestic0.120.01
mutual funds0.060.01
public0.370.00

Documents on file

ClassMost recentOn file
ANALYST_MEET2023-03-315
TRANSCRIPT2026-06-308

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Cash flow, as filed

Line2022-09-302023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities-44,016.00-5,522.0015,046.0014,225.0060,669.0028,859.007,942.00
Net cash from investing activities-252.00-653.00-1,748.00-1,268.00-2,461.005,694.00-2,812.00
Net cash from financing activities3,900.00-1,270.00—-1,235.00-3,506.00-6,070.00-4,795.00
Purchase of property, plant and equipment0.00340.001,253.00476.00-1,162.00-1,686.000.00
Net increase in cash-40,369.00-7,447.009,462.0011,738.0054,725.0028,551.00440.00
con:CFO.BEFORE_TAX-42,175.00-2,015.0015,046.0018,349.0064,568.0025,832.0011,935.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING1,842.003,793.000.004,301.004,103.00-4,684.002,914.00
con:CF_OTHER.OPERATING0.00286.000.00178.00204.00-1,657.00-1,078.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.00
con:PPE_DISPOSALS53.000.000.000.000.000.00-1,290.00
con:CF_INVESTING.SUBSIDIARIES_SOLD-305.000.00-589.000.000.000.00358.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.00714.00819.00-1,429.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.00

Quarterly results, as filed

Line2022-06-302022-09-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Interest earned18,537.0020,482.0027,290.0028,492.0029,286.0029,173.0030,182.0030,751.0031,496.0031,523.0032,072.0030,938.0031,839.0032,957.00
Interest on advances and bills12,954.0014,649.0019,371.0019,889.0020,877.0020,782.0021,762.0022,448.0022,807.0022,618.0023,081.0023,597.0023,951.0024,685.00
Income on investments4,836.005,201.006,102.006,233.006,383.006,553.006,504.006,625.006,737.006,711.006,819.005,274.006,318.006,464.00
Interest on balances with the RBI and interbank funds516.00626.001,164.00944.001,032.001,068.001,133.001,084.001,393.001,474.001,499.001,559.001,419.001,463.00
Other interest231.006.00652.001,427.00993.00770.00783.00593.00559.00720.00673.00508.00150.00345.00
Interest expended11,396.0012,681.0017,934.0018,620.0019,226.0019,534.0020,427.0021,163.0021,556.0021,992.0022,412.0022,709.0022,024.0022,737.00
Other income5,202.006,876.006,602.007,138.008,098.007,793.007,824.006,679.008,761.009,919.009,942.002,152.004,700.006,739.00
Total income23,739.0027,358.0033,891.0035,630.0037,384.0036,966.0038,006.0037,430.0040,256.0041,442.0042,014.0033,089.0036,539.0039,696.00
Employee benefit expense3,546.003,259.003,957.004,696.004,650.004,411.004,537.004,649.005,009.004,996.005,028.004,508.004,747.005,095.00
Operating expenses5,694.007,689.008,250.0010,102.0010,714.009,727.009,814.008,353.0010,294.0010,782.0010,897.001,584.007,878.008,311.00
Expenditure excluding provisions and contingencies17,089.0020,370.0026,185.0028,723.0029,940.0029,262.0030,242.0029,517.0031,850.0032,774.0033,309.0024,293.0029,903.0031,049.00
Operating profit before provisions6,650.006,989.007,707.006,908.007,444.007,704.007,765.007,913.008,407.008,667.008,705.008,796.006,636.008,647.00
Provisions and contingencies3,689.003,638.002,609.001,899.002,484.002,282.002,252.002,399.001,831.002,359.002,354.002,417.00992.002,080.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax2,961.003,351.005,098.005,009.004,960.005,422.005,513.005,515.006,576.006,308.006,351.006,379.005,644.006,567.00
Tax expense903.00757.001,421.001,270.000.001,445.000.001,354.001,478.001,472.001,485.001,510.001,263.001,703.00
Profit for the period2,058.002,593.003,677.003,738.004,960.003,977.004,100.004,161.005,097.003,003.004,866.004,868.004,381.004,864.00
Profit attributable to owners2,180.002,706.003,798.003,790.005,119.004,068.004,188.004,214.005,070.003,195.004,850.005,254.004,574.005,181.00
Profit attributable to non-controlling interests13.0024.0031.0036.0039.0031.0039.0042.0041.0038.0046.00-79.001.001.00
con:SHARE_OF_ASSOCIATES135.00136.00151.0088.00197.00121.00126.0095.0014.00229.0031.00306.00194.00318.00
Earnings per share, basic12.0214.9120.9320.8921.784.484.624.655.593.525.355.795.045.71
Earnings per share, diluted12.0214.9120.9320.8921.784.484.624.655.593.525.355.795.045.71

Annual results, as filed

Line2024-03-312025-03-312026-03-31
Interest earned110,519.00121,601.00126,371.00
Interest on advances and bills78,206.0087,799.0093,248.00
Income on investments24,517.0026,419.0025,122.00
Interest on balances with the RBI and interbank funds4,249.004,678.005,951.00
Other interest3,546.002,705.002,051.00
Interest expended72,118.0082,681.0089,138.00
Other income28,646.0031,057.0026,712.00
Total income139,165.00152,658.00153,083.00
Employee benefit expense17,112.0018,606.0019,279.00
Operating expenses37,337.0038,189.0031,142.00
Expenditure excluding provisions and contingencies109,454.00120,869.00120,279.00
Operating profit before provisions29,710.0031,789.0032,804.00
Provisions and contingencies9,711.008,764.008,122.00
Profit before exceptional items and tax—23,025.0024,681.00
Exceptional items0.000.000.00
Profit before tax20,000.0023,025.0024,681.00
Tax expense0.005,689.005,730.00
Profit for the period20,000.0017,336.0017,118.00
Profit attributable to owners20,496.0017,540.0017,873.00
Profit attributable to non-controlling interests122.00152.006.00
con:SHARE_OF_ASSOCIATES619.00356.00760.00
Earnings per share, basic84.2219.3421.73
Earnings per share, diluted84.2219.3421.73

Balance sheet, as filed

Line2022-09-302023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Capital1,814.001,814.001,814.001,814.001,814.001,814.001,814.00
Reserves and surplus72,978.0084,640.0090,319.00100,700.00103,603.00113,388.00115,891.00
Deposits1,135,283.001,232,110.001,312,242.001,347,216.001,456,495.001,527,472.001,568,333.00
Borrowings62,494.0081,061.0057,538.0094,770.0089,665.0091,131.00155,288.00
Other liabilities and provisions58,250.0065,025.0073,104.0077,071.0079,114.0077,698.0045,999.00
Total equity and liabilities1,330,820.001,464,651.001,535,018.001,621,571.001,730,691.001,811,503.001,887,325.00
Cash and balances with the RBI55,386.0060,359.0071,135.0059,617.0090,048.0068,929.0054,054.00
Balances with banks and money at call86,636.0073,897.0080,030.00103,286.00115,842.00122,525.00152,277.00
Investments339,265.00381,560.00399,207.00417,189.00426,188.00444,689.00407,389.00
Advances788,777.00892,542.00931,787.00984,306.001,049,332.001,130,282.001,220,018.00
Property, plant and equipment10,999.0010,263.0012,331.0012,344.0010,302.0010,223.0010,595.00
Other assets49,756.0046,031.0040,528.0044,829.0038,979.0034,855.0042,993.00
Total assets1,330,820.001,464,651.001,535,018.001,621,571.001,730,691.001,811,503.001,887,325.00

Asset quality and capital, as filed

Line2023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Gross non-performing assets44,010.0041,777.0040,657.0040,408.0037,785.0035,084.0031,548.0029,535.0027,050.0024,842.0022,749.0020,364.00
Net non-performing assets12,561.0012,183.0011,831.0011,710.009,785.009,087.007,357.006,775.006,115.005,322.005,209.004,653.00
Gross NPA, per cent0.000.000.000.000.000.000.000.000.000.000.000.00
Net NPA, per cent0.000.000.000.000.000.000.000.000.000.000.000.00
Return on assets0.000.000.000.000.000.000.000.000.000.000.000.00
CET-1 ratio0.000.000.000.000.000.000.000.000.000.000.000.00
Additional Tier-1 ratio0.000.000.000.000.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302026-03-312026-06-30
Promoter and promoter group62.9362.9362.9362.9362.9362.9362.9362.9362.9362.9362.9362.930.630.63
Domestic institutions16.6416.2215.9514.9414.3014.3811.2011.6511.7211.8511.4112.240.110.12
Mutual funds——————————4.215.710.050.06
Insurance companies10.8110.5910.248.797.627.406.646.266.316.236.265.600.050.05
Foreign institutions8.748.958.9210.1911.2110.5711.9111.2511.1110.5511.3811.900.140.13
Government——————————0.000.000.000.00
Public37.0737.0737.0737.0737.0737.0737.0737.0737.0737.0737.0737.070.370.37
Non-institutional11.6911.9012.2011.9411.5612.1113.9614.1714.2314.6714.2712.920.120.12
Shares outstanding18141302521814130252181413025218141302521814130252181413025290706512609070651260907065126090706512609070651260907065126090706512609070651260

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Can Fin Homes LtdAssociateAny other transaction, Dividend received, Interest p5,631,300,000.009
Canara HSBC Life Insurance Company LimitedGroup EntityAny other transaction, Dividend received, Investment5,572,300,000.0012
Canbank Financial Services Ltd.SubsidiaryAny other transaction, Interest paid, Investment, Sa2,084,200,000.007
Karnataka Gramin BankAssociateAny other transaction, Interest paid, Investment, Sa366,000,000.006
Canara Bank Venture Capital limitedSubsidiaryAny other transaction, Dividend paid, Interest paid,291,200,000.006
Andhra Pragati Grameen BankAssociateAny other transaction, Dividend paid, Interest paid,199,600,000.0010
Karnataka Vikas Grameena BankAssociateAny other transaction, Dividend paid, Investment, Sa148,300,000.009
Canara Robecco Asset Management Co . LtdGroup EntityAny other transaction, Dividend received, Sale of go140,200,000.0011
Canara Bank Securities Ltd.SubsidiaryAny other transaction, Interest paid, Investment, Pu47,900,000.0012
Kerela Gramin BankAssociateAny other transaction, Investment, Sale of goods or 23,700,000.0010
Canbank Factors Ltd.SubsidiaryAny other transaction, Sale of goods or services10,500,000.005
Canbank Computer Services Ltd.SubsidiaryAny other transaction, Purchase of goods or services2,900,000.003
K Satyanarayan RajuKey Management Personnel of the EnRemuneration2,000,000.001
S K MajumdarKey Management Personnel of the EnRemuneration2,000,000.001
Debashish MukherjeeKey Management Personnel of the EnRemuneration1,900,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-29Q1FY27Read the call
2026-05-14Q4FY26Read the call
2026-01-30Q3FY26Read the call
2025-11-03Q2FY26Read the call
2025-07-28Q1FY25Read the call
2025-01-29Q3FY24Read the call
2024-05-14Q4FY23Read the call
2023-07-28Q1FY23Read the call
2023-05-12Q4FY22Mr. K Satyanarayana RajuRead the call
2023-01-27Q3FY22Read the call
2022-10-25Q2FY22Read the call
2022-07-29Q1FY22Canara Bank, Executive Director, Canara BankRead the call
2022-05-11Q4FY22Canara Bank, Executive Director, Canara Bank, Mr. L V PrabhakarRead the call

What they said about it, quarter by quarter

TopicQ1FY27Q2FY26Q3FY22Q3FY24Q3FY26Q4FY22Q4FY23Q4FY26
Capex——Can you help me understand what portion would be towards greenfield capex or private capex, and what would be the working capital.So, when you are investing though it is a CapEx, next year onwards it will convert into an ATS and all service charges and all you have to pay it.Another 100 crores on technology-related expenses were there i.e. AMC charges and on the ongoing CapEx that is happening, that has happened.We are not compromising that margins, except that nothing - there is no change in our approach or anything. - The second one that technology front wha…——
Capital allocation—And if we can make it successful that subsidiary, it will indirectly or in turn, it will be helpful CASA also, for garnering otherwise all our custome…—Are you open for any strategic buyback?  Mr. K Satyanarayana Raju – MD, Canara Bank:  No Sir.—Today, really we are happy as our board has kind enough to declare the dividend for which we have worked hard in the last two years to take care about…With this, the Board has permitted us to propose a dividend of 161% of paid up capital as against last year dividend of 120%.—
Costs——————So that is helping us in maintaining our credit cost below the 1% and less pressure on our NIMs. -—
Debt and cash——So, these two points if you can elaborate on the same.  Mr. Debashish Mukherjee – Executive Director, Canara Bank:  You see our loan book to corpora…—————
DemandThank you. - Mr. Sushil Choksi – Shareholder: - Sir, what is that you would like to see in Canara Bank in your tenure that you are able to implement a…In those days maintaining the percentage of the CASA at the same level was a little easy task for the banking but now because of the credit demand the…————So growth will be there, demand is there.At the same time, there would be demand.
GuidanceSlippage ratio is contained at 0.60% and which is improved by 20 basis points YoY. - So whatever the performance we have given, we have bettered every…So, from now on do we expect margins to stay stable or improve if there are no further cuts? - Mr. Satyanarayana Raju - MD & CEO, Canara Bank: - So, o…Regarding the margins, we have given guidance earlier when during the first quarter that we will maintain the NIM at around 2.9%.Our net NPA has reached to the all-time low in the history of Canara Bank to 0.89%, with year-on-year decline of 43 basis points.  When we have grown…So, our strategy going ahead is to further capitalize because if you see our guidance number on advances, our advances growth is more than 13.59%. Right, so if I just go just by the guidance given by you, 10% or 8, 9 percent growth in credit and 10 basis points increase in NIM, which will accou…My first question is on your guidance that relative to what you have achieved in FY24 on credit growth, your credit growth guidance is slightly softer…Firstly, on the advances growth guidance that you have given of 11% to 12%, so we have closed this year with 15+.
MarginBecause your incremental margin on that bulk deposit is around 1.5%, which is lower than the blended.And, secondly, on the margin, if I look at your one year MCLR, it has come down by roughly 35 bps in the last 6 months.So, with that comfort we are sure that we can manage this whatever…We have shown that 3% margin can be easily manageable and let me correct to you tha…—Is there a like a growth margin trade-off?Our net interest margin, as we have promised to that - committed to the investment community or stakeholders that we will manage above the 2.9 as agai…58. - Now about the net interest margin.—
PricingSo we are focusing by way of good quality products, by good way of placing, by good way of pricing and we are working on delivery channels also.—But as such the RLLR is immediate re-pricing, right?  Mr. K.—Secondly… − Mr. Hardeep Singh Ahluwalia - MD & CEO, Canara Bank: − See, we are continuously studying the market and our term deposit is pricing accord…Prabhakar – MD & CEO, Canara Bank:  Large accounts at the most it is about 150 or 120 crores, not in four digit figures or not in higher vertical I c…Earlier also we had given 10% and you can see that we have grown 11.34% even after rejigging the pricing of the corporate portfolio.So, that places us uniquely to negotiate on pricing.
Revenue growthOkay, so my aspirations will be on efficiency line, Sir, considering this bank is doing very good as long as topline is concerned.There is an incremental growth of ₹20,000 crores.With these business growth our operating profit has increased year-on-year basis 19.80% and stood at 6952 crores which was led by a net interest incom…That is giving a continuous growth of almost 15%, sir.  Mr. Jay Mundra – Participant:  Any changes that you have to make to the product in terms of,…In saving also we have seen a growth of 8.51%.Prabhakar – MD & CEO, Canara Bank:  Sir as on date with my present CRAR off 14.9%, I can comfortably achieve a great growth of about 10%; however, ou…11.34% growth of advances that we announced, is led by our RAM sector grown at 13.52% and stood at Rs.—

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2022-05-11Q4FY22Mr. L V Prabhakar Right, so if I just go just by the guidance given by you, 10% or 8, 9 percent growth in credit and 10 basis points increase in NIM, which will account to somewhere around 13 to 14 percent including NII and obviously other income, that you are saying and obviously taking operating expenses, your guidance for profit and EPS looks very, very conservative.
2023-05-12Q4FY22Mr. K Satyanarayana RajuSir, the growth guidance for fiscal year 24 is around 10½% and if you look at the ROE of the bank is well ahead of 19%-20%, so in that context do you foresee any capital requirement or you think that the internal accrual will be enough to meet the growth targets in the near term? - Mr. K.
2023-05-12Q4FY22Mr. K Satyanarayana RajuSatyanarayana Raju -- MD & CEO, Canara Bank: - Sir, we have given a guidance of credit growth at 10.5% and the present CRAR in for the Canara Bank is 16.68%.