Global Business Volume
₹30.78 lakh cr
+13.9% YoY
Crossed milestone of ₹30 lakh crore; driven by strong advances and deposit growth.
BANKOFBARODA
Financial Services
2026-04-??
Bank of Baroda Ltd — Q4 FY26
Bank of Baroda reported a strong Q4 FY26 with net profit of ₹5,616 crore (up 11.2% YoY), the highest ever quarterly profit.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Bank of Baroda reported a strong Q4 FY26 with net profit of ₹5,616 crore (up 11.2% YoY), the highest ever quarterly profit. Global business crossed ₹30.78 lakh crore, with advances growing 16.2% YoY driven by retail (17.9%), agriculture (20.7%), and MSME (15.6%). NIM improved to 2.89% (up 10 bps QoQ) aided by IT refunds, though management guided a conservative 2.75-2.95% for FY27 due to sticky deposit costs. Asset quality remained robust with GNPA at 1.89% and NNPA at 0.45%. The bank raised a ₹10,000 crore green infra bond and plans ₹14,500 crore capital raise (equity + AT1/Tier 2) over the medium term. Key risk: geopolitical headwinds could pressure liquidity and asset quality in the overseas book.
Key Numbers
CASA Ratio
38.9%
+45 bps QoQ
Improved sequentially; focus on low-cost deposits continues.
Slippage Ratio (Q4)
0.89%
-11 bps YoY
Reduced YoY; asset quality remains robust.
Credit Cost (FY26)
0.46%
-1 bps YoY
Well within guidance; excluding floating provision would be 0.34%.
Management Guidance
Loan growth guidance raised to 12-14% for FY27
Upsized from earlier 11-13% due to strong performance, subject to global headwinds.
Management guidance growthDeposit growth guidance raised to 10-12% for FY27
Upsized from 9-11% reflecting improved deposit mobilization.
Management guidance growthNIM guidance of 2.75-2.95% for FY27
Conservative range accounting for sticky deposit costs and volatile IT refunds.
Management guidance marginsCapital raise plan of ₹14,500 crore (equity + AT1/Tier 2)
Includes ₹8,500 crore equity by FY28 and ₹6,000 crore AT1/Tier 2 in FY27.
Management guidance capexKey Risks
Sticky deposit costs pressuring NIM
Cost of deposits likely to remain elevated due to tight liquidity, limiting margin expansion.
medium · management_commentaryGeopolitical impact on overseas book
Middle East exposure (~₹50-60k cr) and trade disruptions could stress asset quality, though currently benign.
medium · analyst_questionECL implementation uncertainty
Final guidelines may increase credit cost; management declined to quantify impact until full computation.
medium · analyst_questionAggressive auto loan growth risks
Long-tenor auto loans at competitive rates may face depreciation risk, though current stress is low.
low · analyst_questionNotable Quotes
We have a very strong growth both on the balance sheet and also on the profit and loss.
The only scope for us to realign the asset pricing right... there is a scope for realigning that portfolio and that is what actually our strategy to look into those pricing very closely.
Unless and until we compute fully on that it's not proper to quantify that at this stage.
Frequently Asked Questions
What was Bank of Baroda's revenue in Q4 FY26?
Bank of Baroda reported revenue of — in Q4 FY26, representing a — change compared to the same quarter last year.
What guidance did Bank of Baroda management give for FY27?
Loan growth guidance raised to 12-14% for FY27: Upsized from earlier 11-13% due to strong performance, subject to global headwinds. Deposit growth guidance raised to 10-12% for FY27: Upsized from 9-11% reflecting improved deposit mobilization. NIM guidance of 2.75-2.95% for FY27: Conservative range accounting for sticky deposit costs and volatile IT refunds. Capital raise plan of ₹14,500 crore (equity + AT1/Tier 2): Includes ₹8,500 crore equity by FY28 and ₹6,000 crore AT1/Tier 2 in FY27.
What are the key risks for Bank of Baroda in FY27?
Key risks include Sticky deposit costs pressuring NIM — Cost of deposits likely to remain elevated due to tight liquidity, limiting margin expansion.; Geopolitical impact on overseas book — Middle East exposure (~₹50-60k cr) and trade disruptions could stress asset quality, though currently benign.; ECL implementation uncertainty — Final guidelines may increase credit cost; management declined to quantify impact until full computation.; Aggressive auto loan growth risks — Long-tenor auto loans at competitive rates may face depreciation risk, though current stress is low..
Did Bank of Baroda meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Bank of Baroda Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.