Central Bank of India — Q4 FY26 earnings call
Summary generated by AI from the official transcript Central Bank of India filed with BSE on 08 May 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Central Bank of India reported total business growth of 15.60% to INR812,439 crores for FY26, with net profit up 15.43% to INR4,369 crores despite a one-time DTA impact of INR632 crores. Gross NPA improved to 2.67% and net NPA to 0.49%, while net interest margin stood at 3.07% for the year. Management discussed the ECL transition, treasury performance, and provided growth guidance for FY27 across deposits, advances and credit costs.
1 statement from this call is not shown because its supporting quote could not be reproduced within our quoting limits. Nothing shown here is affected: every statement on this page carries its verified quote.
Numbers mentioned
Total business: INR812,439 crores (FY26)
p. 2
“total business of Central Bank of India grew by 15.60% and reached to INR812,439 crores”
Kalyan Kumar, page 2 of the filed PDF · View the filing
Deposits: INR467,923 crores (FY26)
p. 3
“deposits also increased by 13.38% to INR467,923 crores”
Kalyan Kumar, page 3 of the filed PDF · View the filing
CASA ratio: 47.30% (FY26)
p. 3
“CASA deposit also stands at 47.30% of total deposit”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Gross advances: INR344,516 crores (FY26)
p. 3
“Gross advances increased by 18.76% to INR344,516 crores”
Kalyan Kumar, page 3 of the filed PDF · View the filing
CD ratio: 73.80% (FY26)
p. 3
“CD ratio has improved to 73.80%”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Gross NPA: 2.67% (FY26)
p. 3
“Gross NPA, it stood at 2.67% with an improvement of 51 basis points year-on-year”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Net NPA: 0.49% (FY26)
p. 3
“Net NPA stood at 0.49%. with an improvement of 6 basis points”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Provision coverage ratio: 96% (FY26)
p. 3
“Provision coverage ratio is also at 96%”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Operating profit: INR8,479 crores (FY26)
p. 3
“Operating profit for this financial year increased by 4.37% to INR8,479 crores”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Net profit: INR4,369 crores (FY26)
p. 3
“Net profit for the financial year has increased by 15.43% to INR4369 crores and net interest margin stood at 3.07%, with a marginal decline”
Kalyan Kumar, page 3 of the filed PDF · View the filing
One-time DTA impact: INR632 crores (FY26)
p. 3
“bank has taken a onetime impact of INR632 crores due to recognition of deferred tax asset at the rate of 25% as against 35%”
Kalyan Kumar, page 3 of the filed PDF · View the filing
ROA: 0.56% (Q4 FY26)
p. 4
“Net profit has been impacted and ROA also got down to 0.56% from 0.91% for the quarter 4 as of previous year”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Return on equity: 8.43% (Q4 FY26)
p. 4
“Return on equity is also down to 8.43% from 13.40% for Q4 of previous financial year”
Kalyan Kumar, page 4 of the filed PDF · View the filing
ROA: 0.89% (FY26)
p. 4
“ROA improved to 0.89% from 0.86%”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Return on equity: 13% (FY26)
p. 4
“Return on equity also improved to 13% from 12.48%”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Cost to income ratio: 58.61% (FY26)
p. 4
“Cost income ratio, it is at 58.61%”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Slippage ratio: 1.16% (FY26)
p. 4
“Slippage ratio, we were able to contain it at 1.16%”
Kalyan Kumar, page 4 of the filed PDF · View the filing
CRAR: 17.91% (FY26)
p. 4
“CRAR improved to 17.91% out of which Tier 1 is 15.61%”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Net interest income: INR4,002 crores (Q4 FY26)
p. 4
“net interest income grew by 17.74% on a year-on-year basis to INR4,002 crores in Q4 financial year '26”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Total income: INR10,811 crores (Q4 FY26)
p. 4
“Total income for Q4 financial year '26 improved by 4.63% from INR10,333 crores for Q4 financial year '25 to INR10,811 crores for Q4 financial year '26”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Net interest income: INR14,171 crores (FY26)
p. 4
“Net interest income grew by 1.97% to INR14,171 crores on a year-on-year basis as against INR13,897 crores for previous year”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Business per employee: INR23.89 crores (FY26)
p. 4
“It has improved to INR23.89 crores as against INR21.31 crores”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Retail advances: INR103,533 crores (FY26)
p. 3
“retail has grown by 25.67%, and Central Bank of India has crossed INR1 lakh crores mark that is INR103,533 crores”
Kalyan Kumar, page 3 of the filed PDF · View the filing
Agriculture advances: INR61,687 crores (FY26)
p. 4
“agriculture has grown by 17.60%, that is INR61,687 crores”
Kalyan Kumar, page 4 of the filed PDF · View the filing
MSME advances: INR69,351 crores (FY26)
p. 4
“MSME has grown by 17.06%, that is INR69,351 crores”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Dividend: INR1.20 per equity share (12%) (FY26)
p. 4
“Total dividend declared is at the rate of 12%, INR1.20 per equity share for FY 2025-26”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Treasury income: INR9 crores (Q4 FY26)
p. 5
“And that actually, if you see treasury income, previous quarter, it was more than INR300 crores. And this quarter, it is INR9 crores”
Kalyan Kumar, page 5 of the filed PDF · View the filing
Recovery in written-off accounts: INR352 crores (Q4 FY26)
p. 5
“But this quarter, it is only INR352-odd crores”
Kalyan Kumar, page 5 of the filed PDF · View the filing
Corporate book: INR1,09,945 crores (FY26)
p. 7
“in corporate side also, we have closed the book at INR1,09,945 crores. That is also growth of 14.50%”
Kalyan Kumar, page 7 of the filed PDF · View the filing
Insurance income: INR161 crores (FY26)
p. 10
“this year also INR161 crores we got, but it is flat if you compare with the previous year”
Kalyan Kumar, page 10 of the filed PDF · View the filing
Gold loan book: INR28,000 crores (FY26)
p. 13
“Total gold loan is around INR28,000, total growth is 8.6%”
Kalyan Kumar, page 13 of the filed PDF · View the filing
Liquidity coverage ratio: 210% (FY26)
p. 13
“Previous year, we maintain liquidity coverage ratio at 210% and CD also, we have closed by 73.90%”
Mukul Dandige, page 13 of the filed PDF · View the filing
Standard asset provisions: INR2,800-2,900 crores
p. 13
“this works out to roughly around INR2,800 crores to INR2,900 crores of total standard provisions we are holding”
Mukul Dandige, page 13 of the filed PDF · View the filing
Income tax refund component: INR280.7 crores (FY25)
p. 15
“income tax refund was around INR280.7 crores”
Mukul Dandige, page 15 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Slippage ratio — less than 1% · FY27
stated firmly by Kalyan Kumar
p. 6
“for next year, we have given guidance that we are going to keep it less than 1%”
Kalyan Kumar, page 6 of the filed PDF · View the filing
Credit growth — 14% to 16% · FY27
stated firmly by Kalyan Kumar
p. 7
“We have given guidance of 14% to 16% in credit side growth”
Kalyan Kumar, page 7 of the filed PDF · View the filing
Business growth — 14% to 15% · current year
stated firmly by Kalyan Kumar
p. 9
“we are sure that guidance which we have given for business growth of 14% to 15% for current year and deposit growth by 10% to 12% and advances growth by 14% to 16%, we are going to achieve all this guidance”
Kalyan Kumar, page 9 of the filed PDF · View the filing
RAM to corporate ratio — 65%:35% plus/minus 5% · current year
stated firmly by Kalyan Kumar
p. 9
“we have given the guidance of 65%-35% plus/minus 5% and we are maintaining this current year also”
Kalyan Kumar, page 9 of the filed PDF · View the filing
Recovery from written-off accounts — INR2,200 crores to INR2,500 crores · current year
stated conditionally by Kalyan Kumar
p. 10
“INR2,200 crores to INR2,500 crores easily we can recover from written-off account this year also and coming 2-3 years is not going to be a challenge for us”
Kalyan Kumar, page 10 of the filed PDF · View the filing
Capital expenditure budget — INR1,442 crores · FY27
stated firmly by Kalyan Kumar
p. 10
“actually for capital budget, it is INR1,442 crores and revenue is INR1,276 crores for current year 2026-27”
Kalyan Kumar, page 10 of the filed PDF · View the filing
Additional income from tax regime migration — more than INR600 crores
stated conditionally by Kalyan Kumar
p. 9
“We have simulated that more than INR600 crores is going to be the additional income due to migration of this aspect”
Kalyan Kumar, page 9 of the filed PDF · View the filing
Ongoing ECL-related provisions — around INR600 crores to INR650 crores · FY27
stated conditionally by Kalyan Kumar
p. 12
“we estimate that around INR600 crores to 650 crores would be the total financial cost for an ongoing additional provision so that will be easily balanced out of the new tax regime thing”
Kalyan Kumar, page 12 of the filed PDF · View the filing
Net interest margin — above 3%
stated firmly by Mukul Dandige
p. 13
“We have given direction that we are going to remain above 3%”
Mukul Dandige, page 13 of the filed PDF · View the filing
Dividend
stated as an aspiration by Kalyan Kumar
p. 14
“I will be very happy to assure you all stakeholders kind of dividend which we have given this year also, and that is going to be maintained”
Kalyan Kumar, page 14 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said slippage ratio actually improved year-on-year and that no customer requests for overdue facilities related to the Middle East crisis have been received.
Answered by Kalyan Kumar
Asked by Ashok Ajmera: Whether asset quality stress is emerging from geopolitical situations or old accounts slipping.
p. 6
“till now, we have not received any request of customers for any overdue PCs or any post-shipment facility”
Kalyan Kumar, page 6 of the filed PDF · View the filing
Management said they are technologically prepared but the exact provisioning numbers are still being simulated.
Answered by Kalyan Kumar
Asked by Ashok Ajmera: How prepared is the bank for ECL transition and its profitability impact.
p. 6
“I will not be able to tell you the numbers actually, which will be required for that purpose”
Kalyan Kumar, page 6 of the filed PDF · View the filing
Management expressed confidence that treasury returns would be optimized in the coming year given improved market conditions.
Answered by Kalyan Kumar
Asked by Ashok Ajmera: Outlook for treasury contribution to profits in FY27.
p. 7
“I am quite hopeful that this year also, looking to the market condition, we'll be able to optimize return on treasury side also”
Kalyan Kumar, page 7 of the filed PDF · View the filing
Management reiterated growth guidance across parameters and cited operational initiatives supporting them.
Answered by Kalyan Kumar
Asked by Sushil C. Choksey: Outlook on deposits, advances, NIM, CASA, RAM/corporate mix, and other business lines for FY27.
p. 9
“we are sure that guidance which we have given for business growth of 14% to 15% for current year and deposit growth by 10% to 12% and advances growth by 14% to 16%, we are going to achieve all this guidance, which we have given”
Kalyan Kumar, page 9 of the filed PDF · View the filing
Management said the recovery process is ongoing, with a recent guarantee recovery and further auction processes underway.
Answered by Kalyan Kumar
Asked by Sushil C. Choksey: Status of the long-pending lumpy airline account.
p. 10
“Previous quarter, we received INR515 crores as guarantee and recovery process is going on”
Kalyan Kumar, page 10 of the filed PDF · View the filing
Management attributed part of the rise to technical/audit-related classification issues in MSME and some agriculture accounts.
Answered by Mukul Dandige
Asked by Ashlesh Sonje: Reason for the substantial quarter-on-quarter increase in fresh slippages.
p. 11
“many of these slippages, particularly in MSME may be attributed to kind of technical”
Mukul Dandige, page 11 of the filed PDF · View the filing
Management estimated ongoing additional provisions of around INR600-650 crores per year, offset by tax regime benefits.
Answered by Kalyan Kumar
Asked by Ashlesh Sonje: What would the recurring credit cost increase be under the new ECL regime.
p. 11
“our estimates are that roughly around INR600 crores of provisions would be required for the entire financial year on an ongoing basis”
Kalyan Kumar, page 11 of the filed PDF · View the filing
Management/CFO attributed the improvement partly to a one-time income tax interest refund booked in the quarter.
Answered by Mukul Dandige
Asked by Ashlesh Sonje: Reason for quarter-on-quarter NIM improvement despite yield and cost of funds remaining flat.
p. 13
“We got a refund of INR431 crores in income tax interest as income tax interest. So that has also contributed towards improving the NIM on a quarter-on-quarter basis”
Mukul Dandige, page 13 of the filed PDF · View the filing
CFO said the bank holds a total standard asset provision of around INR2,800-2,900 crores, including the ECL and restructuring provisions.
Answered by Mukul Dandige
Asked by Siddharth: Total standard asset provisions incremental to IRAC norms.
p. 13
“all this put together, we are holding provision of around INR2,800 crores- 2,900 crores”
Mukul Dandige, page 13 of the filed PDF · View the filing
CFO calculated the adjusted net profit figure by adding back the DTA impact and subtracting the tax refund.
Answered by Mukul Dandige
Asked by Pranay: Adjusted net profit excluding one-off tax provision and refund items.
p. 14
“INR724 crores plus INR632 crores, minus INR431 crores. So INR925 crores”
Mukul Dandige, page 14 of the filed PDF · View the filing
CFO specified the income tax refund portion within that FY25 other income line item.
Answered by Mukul Dandige
Asked by Pranay: Breakdown of income tax refund within 'others' other income line for FY25.
p. 15
“income tax refund was around INR280.7 crores”
Mukul Dandige, page 15 of the filed PDF · View the filing
Risks flagged
Decline in treasury income impacting operating profit
p. 5
“if you see treasury income, previous quarter, it was more than INR300 crores. And this quarter, it is INR9 crores”
Kalyan Kumar, page 5 of the filed PDF · View the filing
Lower recovery from written-off accounts compared to prior quarter
p. 5
“recovery in written of account previous quarter, it was more than INR1000 crores that is INR1062 crores. But this quarter, it is only INR352-odd crores”
Kalyan Kumar, page 5 of the filed PDF · View the filing
One-time DTA impact reducing net profit and ratios
p. 4
“Net profit has been impacted and ROA also got down to 0.56% from 0.91% for the quarter 4 as of previous year”
Kalyan Kumar, page 4 of the filed PDF · View the filing
Yield on advances declining due to external benchmark linkage while deposit repricing lags
p. 12
“our more than 60% - 61% advances are external benchmark linked part. That's why impact was huge”
Kalyan Kumar, page 12 of the filed PDF · View the filing
Additional provisioning requirement from ECL transition on standard assets
p. 12
“as my standard advances also increased, there will be an additional outgo, right?”
Mukul Dandige, page 12 of the filed PDF · View the filing
Higher slippages in MSME and agriculture segments during the quarter
p. 11
“our slippages are INR1,301 crores as against roughly around INR800 crores on an average every quarter”
Mukul Dandige, page 11 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.