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Indian Bank

INDIANB NSE

Key Fundamentals

LargecapPublic Sector BankBanks
Market Cap
1.2L Cr
Volatility
Moderate
P/E Ratio
9.25
EBITDA
₹17,084 Cr
Return on Equity
15.27%
Debt to Equity
0
Book Value
₹570.44
EPS
₹67.86
52W High
₹1,000.9
52W Low
₹642.6

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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51 extracted metrics + investor summaries across FY13–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company has delivered good profit growth of 30.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 19.9%

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.5% over past five years.
  • Contingent liabilities of Rs.2,66,319 Cr.
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
8.72% ↗
Net Income Growth
11.21% ↗
Cash Flow Change
8.16% ↗
ROE
-0.65% ↘
ROCE
-2.38% ↘
EBITDA Margin (Avg.)
1.48% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 7d ago
AI opinion · based on fundamentals
Risk medium

Indian Bank trades at a market cap of ₹1,18,257 Cr with a PE of 9.3x and PB of 1.55x, reflecting moderate valuation for a public sector bank. The bank has delivered strong profit CAGR of 30% over 5 years, but sales growth has been modest at 12% over the same period, and working capital days have nearly doubled from 46.8 to 85.5 days.

Bull Case 8
  • Strong profit compounding at 30% CAGR over 5 years and 28% CAGR over 3 years, indicating sustained earnings momentum
  • Attractive valuation with PE of 9.3x, well below private sector bank averages, offering potential re-rating scope
  • ROE has improved to 15-16% range over the last 1-3 years from a 10-year average of 12%, reflecting better capital efficiency
  • Stock CAGR of 48% over 5 years and 29% over 3 years demonstrates strong market recognition of improving fundamentals
  • Dividend yield of 2.07% with a consistent payout ratio of 19.9%, providing income support to shareholders
  • Price-to-book of 1.55x remains reasonable for a bank generating mid-teen ROEs, suggesting the stock is not stretched on asset-based valuation
  • TTM profit growth of 11% continues to be positive, maintaining the multi-year earnings expansion trend
  • 10-year compounded profit growth of 32% CAGR suggests a structural improvement in the bank's profitability profile over time
Bear Case 8
  • Low interest coverage ratio indicates vulnerability to rising funding costs or asset quality deterioration
  • Contingent liabilities of ₹2,66,319 Cr represent a significant off-balance-sheet risk relative to the ₹1,18,257 Cr market cap
  • Working capital days have increased sharply from 46.8 days to 85.5 days, signalling deteriorating operational efficiency
  • Sales growth of only 11.5% over 5 years is weak for a bank, suggesting limited loan book expansion or pricing power
  • Potential capitalisation of interest costs could overstate reported profitability and book value
  • TTM sales growth has decelerated to 10% from 14% 3-year CAGR, suggesting slowing top-line momentum
  • ROE declined from 16% (3-year) to 15% (last year), hinting at possible plateauing of return metrics
  • As a public sector bank, the overhang of government ownership and potential capital dilution remains a structural concern

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 2
  • Q1FY27 profit up 10% YoY Aug 19

    Net profit rose 10% YoY to ₹3,273 crore with 17% NII growth and stable GNPA at 1.86%.

  • $400M long-term funding raised Aug 19

    GIFT City branch secured a USD 400 million facility with four-year tenor on August 18, 2026.

Neutral 4
  • Investor meet with foreign banks Aug 20

    Virtual interaction held with CTBC Bank and Commerzbank; only public domain information was shared.

  • LTB interest record dates set Aug 3

    Series I (7.24%) pays Sep 15 and Series II (7.12%) pays Oct 26, 2026.

  • Two CGM promotions announced Aug 1

    Himanshu Kansal and Deepak Gupta promoted to Chief General Manager roles effective August 1, 2026.

  • CGM Satish Kumar superannuates Aug 1

    Satish Kumar demitted office on July 31, 2026, due to superannuation from Corporate Credit vertical.

TL;DR: Indian Bank delivered a solid Q1FY27 with 10% profit growth, healthy NII expansion, and controlled asset quality at 1.86% GNPA. The $400M long-term funding strengthens its international balance sheet. No material headwinds are visible in recent news flow. The trend appears stable-to-improving with clean fundamentals and proactive capital management.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
13,050
13,764
14,203
14,633
15,041
15,369
15,770
15,860
16,285
16,628
17,102
17,488
18,095
Expenses
5,161
5,150
5,158
5,378
4,994
5,144
5,102
5,097
4,880
5,108
5,492
5,811
5,946
Financing Profit
543
611
661
646
1,186
1,072
1,323
1,295
1,481
1,480
1,407
1,305
1,492
Fin. Margin %
4%
4%
5%
4%
8%
7%
8%
8%
9%
9%
8%
7%
8%
Other Income
1,871
2,166
2,113
2,432
2,077
2,602
2,397
2,935
1,854
2,643
2,793
2,773
2,902
Interest
7,346
8,003
8,383
8,609
8,861
9,154
9,345
9,467
9,924
10,040
10,203
10,372
10,657
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
2,415
2,777
2,774
3,078
3,263
3,674
3,721
4,230
3,335
4,123
4,199
4,078
4,394
Tax %
29%
28%
23%
27%
26%
25%
23%
30%
33%
26%
27%
24%
25%
Net Profit
1,850
2,069
2,207
2,296
2,571
2,801
2,910
2,982
2,277
3,109
3,148
3,174
3,357
EPS in Rs
14.85
16.61
16.37
17.04
19.08
20.79
21.6
22.14
16.9
23.07
23.36
23.56
24.92
Gross NPA %
5.47%
4.97%
4.47%
3.95%
3.77%
3.48%
3.26%
3.09%
3.01%
2.6%
2.23%
1.98%
1.86%
Net NPA %
0.7%
0.6%
0.53%
0.43%
0.39%
0.27%
0.21%
0.19%
0.18%
0.16%
0.15%
0.15%
0.15%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
15,853
16,244
16,039
17,115
19,182
21,401
39,108
38,888
44,985
55,650
62,039
67,504
69,314
Expenses
4,219
5,128
6,144
6,998
8,289
9,238
18,029
20,285
21,577
20,342
19,818
20,710
22,358
Financing Profit
245
-679
-996
-734
-1,273
-1,634
-2,360
-3,526
-1,309
2,967
5,395
6,255
5,684
Fin. Margin %
2%
-4%
-6%
-4%
-7%
-8%
-6%
-9%
-3%
5%
9%
9%
8%
Other Income
1,372
1,789
2,222
2,417
1,891
3,326
6,111
7,380
7,804
8,582
10,011
10,829
11,110
Interest
11,390
11,795
10,891
10,851
12,167
13,798
23,439
22,129
24,717
32,341
36,826
40,539
41,271
Depreciation
139
151
166
237
259
314
637
601
532
531
543
609
0
PBT
1,478
958
1,060
1,445
359
1,377
3,115
3,253
5,963
11,017
14,864
16,475
16,795
Tax %
31%
25%
-33%
13%
11%
45%
3%
-23%
11%
26%
26%
26%
—
Net Profit
1,051
752
1,455
1,311
381
862
3,151
4,144
5,574
8,423
11,264
11,707
12,787
EPS in Rs
21.84
15.64
30.25
27.29
7.91
14.15
27.88
33.26
44.74
62.51
83.61
86.89
94.91
Div. Payout %
19%
10%
20%
0%
0%
0%
7%
20%
19%
19%
19%
21%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
480
480
480
480
480
609
1,129
1,245
1,245
1,347
1,347
1,347
Reserves
14,549
16,010
16,954
18,235
19,235
22,159
38,329
43,706
48,261
58,901
70,166
78,696
Borrowing
2,646
3,509
12,637
19,760
12,138
20,830
24,763
17,218
22,092
23,143
41,552
46,807
Deposits
1,69,204
1,78,259
1,82,480
2,08,262
2,42,041
2,60,184
5,38,030
5,93,571
6,21,123
6,87,953
7,37,098
8,27,654
Other Liabilities
6,156
5,683
5,957
6,244
6,494
6,359
23,285
18,356
20,612
24,365
26,875
37,049
Total Liabilities
1,93,036
2,03,941
2,18,507
2,52,981
2,80,388
3,10,141
6,25,535
6,74,096
7,13,334
7,95,709
8,77,039
9,91,553
Fixed Assets
2,969
3,508
3,436
3,421
3,964
3,898
7,392
7,694
7,472
7,538
8,854
8,674
CWIP
5
8
11
1
1
1
0
5
9
2
3
3
Investments
46,060
53,283
67,781
71,619
65,272
81,871
1,78,292
1,76,502
1,88,366
2,15,242
2,28,421
2,47,682
Other Assets
1,44,001
1,47,143
1,47,280
1,77,940
2,11,152
2,24,371
4,39,850
4,89,896
5,17,487
5,72,927
6,39,760
7,35,194
Total Assets
1,93,036
2,03,941
2,18,507
2,52,981
2,80,388
3,10,141
6,25,535
6,74,096
7,13,334
7,95,709
8,77,039
9,91,553
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
5,136
-931
-10,814
-3,676
6,270
-8,396
17,065
28,750
-27,894
-8,617
17,396
18,815
Investing
-236
-772
-179
-214
-176
-247
21,233
-305
-314
-618
-348
-428
Financing
-2,312
620
9,041
6,776
1,000
2,552
1,866
18
-1,543
1,195
-4,264
-7,649
Net Cash Flow
2,588
-1,082
-1,952
2,886
7,094
-6,091
40,163
28,464
-29,751
-8,040
12,784
10,738
Free Cash Flow
4,899
-1,702
-10,993
-3,890
6,021
-8,644
16,520
28,446
-28,208
-9,235
17,048
18,387
CFO/OP
44
-8
-109
-36
58
-69
81
155
-119
-24
41
40
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
7%
5%
9%
7%
2%
4%
10%
10%
12%
15%
17%
15%

Shareholding Pattern

As of Jun 2026
Promoters 73.84%
DIIs 17.03%
FIIs 6.16%
Public 2.08%
Others 0.89%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
88.06%
79.86%
79.86%
79.86%
79.86%
79.86%
79.86%
79.86%
79.86%
79.86%
79.86%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
73.84%
FIIs
0.01%
0.07%
0.04%
0.01%
0.00%
0.03%
0.00%
0.04%
0.04%
0.04%
0.03%
0.00%
5.29%
5.38%
4.99%
4.78%
4.74%
4.55%
4.68%
5.64%
5.82%
6.16%
DIIs
4.36%
10.17%
10.24%
10.32%
10.70%
11.25%
12.08%
11.94%
11.55%
11.57%
11.76%
15.34%
16.95%
16.88%
17.35%
17.64%
17.77%
18.05%
18.62%
17.82%
17.75%
17.03%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
4.50%
3.96%
4.92%
5.61%
5.11%
4.46%
3.92%
3.34%
3.27%
3.44%
3.03%
3.10%
3.00%
3.03%
3.03%
2.89%
2.87%
2.78%
2.21%
2.12%
2.01%
2.08%
Others
3.07%
5.95%
4.95%
4.21%
4.33%
4.40%
4.14%
4.83%
5.29%
5.10%
5.32%
7.72%
0.92%
0.87%
0.80%
0.85%
0.78%
0.78%
0.66%
0.59%
0.58%
0.89%
No. of Shareholders
3,31,230
3,24,544
3,43,963
3,62,055
3,49,687
3,35,074
3,14,311
3,15,096
3,13,448
3,14,186
3,06,649
3,05,050
3,08,165
3,21,712
3,25,449
3,19,705
3,17,481
3,31,904
3,16,207
3,25,219
3,19,897
3,18,231

Documents

Frequently Asked Questions about Indian Bank

What does Indian Bank do?
Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. [1]
Where is Indian Bank (INDIANB) listed?
Indian Bank is listed on the Indian stock exchanges. It is listed on NSE: INDIANB and BSE: 532814. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Indian Bank belong to?
Indian Bank operates in the Banks sector within the Public Sector Bank industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Indian Bank?
Indian Bank has a market capitalisation of approximately ₹117926.70 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Indian Bank?
The Price-to-Earnings (PE) ratio of Indian Bank is 9.25. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Indian Bank?
Over the past 52 weeks, Indian Bank has traded between a low of ₹642.6 and a high of ₹1,000.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does Indian Bank pay dividends?
Yes, Indian Bank has a dividend yield of 2.10%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Indian Bank?
Indian Bank has a Return on Equity (ROE) of 15.27%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Indian Bank on Tapetide?
On Tapetide, you can view Indian Bank's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. [1]

Website indianbank.in
CEO Mr. Binod Kumar
Employees 40,071
Listed 2007-03-01
Face Value ₹ 10
Issued Size 1,34,69,63,981

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