Oriental Bank of Commerce

HSL Code: ORIBAN   |   BSE Code: 500315  |   NSE Symbol: ORIENTBANK  |   ISIN: INE141A01014
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research reports

  • Oriental Bank of Commerce (1QFY14) : Good show despite weak macros. 5 Aug | 17:43
    OBC surprised positively on various parameters, with controlled slippages of Rs 7.6bn (including gems and jewellery A/C of Rs 1.6bn).Maintain buy
  • Oriental Bank of Commerce (3QFY14) : Pain visible; valuations attractive. Maintain BUY 1 Feb | 12:14
    OBCs slippages (Rs 10.4bn) and restructuring (Rs 13.7bn) remained elevated. However, net additions to GNPA were contained at mere Rs 3bn with higher recoveries/upgrade (Rs 3.6bn). Earnings were weak with 2% NII growth (NIM down 15bps) and PAT decline of ~31%, despite lower LLP. PCR declined 180bps QoQ. Advances and Deposit grew ~8% and CASA was maintained at ~24%. Maintain BUY
  • OBC - Company Update 10 Jul | 17:00
    Oriental Bank of Commerce- Company Update
  • Oriental Bank of Commerce (2QFY14) : Asset quality disappoints. Maintain BUY 31 Oct | 10:17
    OBC disappointed with higher net additions (Rs 5.8bn; highest in last eight quarters) to GNPA. PCR too declined 240bps QoQ. PAT beat (9% ahead of estimates) was on back of lower tax provision. However on positive front, CASA improved (80bps QoQ) and NIMs were maintained (2.9%). Restructured assets addition was lower at Rs 3.5bn. Maintain BUY. Revise TP to Rs187 (0.55xFY15E ABV) vs. Rs 205 earlier.
  • Oriental Bank of Commerce (1QFY15) : Weak qtr; valuation attractive. Maintain BUY 5 Aug | 09:28
    OBCs inline net earnings were boosted by income recognition (Rs ~1.4bn) from sale to ARC?s. Gross stress additions were higher QoQ at Rs 23bn, 1.7% of loans; with slippages (Rs 14.3bn) at 11-qtr high. Core earnings were below estimates with NIM compression of ~16bps QoQ (20-qtr low). On positive note, fees grew ~14%, CASA/PCR were stable.


Results - Announcements on Monday 15:58
Oriental Bank of Commerce standalone net profit rises 3.39% in the September 2015 quarter
Hot Pursuit on Monday 13:11
OBC spurts after reporting Q2 numbers
Corporate News on Wednesday 11:59
Oriental Bank of Commerce updates on issue of Rs 1000 crore Tier 2 Bonds
Corporate News on Saturday 10:46
Oriental Bank of Commerce to hold board meeting
Corporate News on Tuesday 10:37
Oriental Bank of Commerce to raise Tier II Capital aggregating Rs 1000 crore

Key Ratios

Market Cap (Rs. in Cr.) 4,340.33
Book Value 438.80
EPS (TTM) 22.46
Price/Book 0.65
Face value 10.00
P/E 6.44
Div(%) 40.00
Div Yield(%) 2.28

key financials

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Values Based on Standalone Data

Peer Group

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Shareholding Pattern


Mutual Funds / UTI10.01%
FI / Banks0.41%

Exchange Information

NSE Indices   BSE Indices  
CNX 100
BSE 100
CNX 200
BSE 200
S&P CNX 500
BSE 500
CNX Midcap
BSE Mid-Cap
CNX Midcap 50
BSE Small-Cap
Note: The scrip is a constituent of those NSE and BSE indices that have against them.

Comparative performance

 1M (%)3M (%)6M (%)
Oriental Bank of Commerce25.2569.8259.07
NIFTY (S&P CNX)5.5818.4618.68
BSE Sensex6.1718.2118.21
BSE 5005.2619.1519.90

F & O Quotes

Expiry Date    
 N.A.  N.A.(N.A.%)
Open Price (Rs.)N.A. No. of Contracts Traded5277
High Price (Rs.)N.A.Turnover (Rs. in lakhs)30,172.95
Low Price (Rs.)N.A.Open InterestN.A.
Prev. Close (Rs.)N.A.Open Int. ChgN.A.
Key Personnel
Paras Mal Chopra
Director(PartTime NonOfficial)
Kingshuk Bhattacharya
Director (Workmen Employee)
Narendra Jivaraj Kotiawala
Director (Officer Employee)
Key Address
Registered Office:
Oriental Bank
E Block Harsha Bhawan,
Connaught Place,
New Delhi,
New Delhi.
Tel : 91-11-23417121/23416691/23415598
Fax : 91-11-23739768
Email : mbd:obc.co.in
Website : http://www.obcindia.com
Registrars Details
Link Intime India Pvt Ltd.
Add. :Narang Tower,
44 Community Centre, Naraina Ind Area,
New Delhi-110028.
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