---
title: "ING Vysya Bank Ltd(Merged) (INGVYSYABK) — Share Price, Financials & Analysis"
symbol: "INGVYSYABK"
company: "ING Vysya Bank Ltd(Merged)"
canonical: "https://tapetide.com/stocks/INGVYSYABK"
nse_symbol: "INGVYSYABK"
generated_at: "2026-10-13T11:02:27.616Z"
---

# ING Vysya Bank Ltd(Merged) (INGVYSYABK)

Canonical page: https://tapetide.com/stocks/INGVYSYABK

## Company

- **NSE Symbol:** INGVYSYABK
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

ING Vysya Bank Limited,incorporated in India, listed on the Bombay Stock Exchange Limited, and National Stock Exchange Limited, the company is engaged in Corporate /Wholesale Banking,Retail Banking,Other Banking Operations

## Latest Price

## Key Insights

### Strengths

- Company has delivered good profit growth of 28.8% CAGR over last 5 years

### Weaknesses

- Stock is trading at 2.74 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.8% over last 3 years.
- Working capital days have increased from 55.9 days to 102 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -6% | 29% | 29% |
| revenue growth | 9% | 25% | 18% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1061 | 1171 | 1198 | 1239 | 1254 | 1309 | 1317 | 1273 | 1306 | 1400 | 1435 | 1488 |
| Expenses | 352 | 323 | 316 | 351 | 373 | 411 | 367 | 379 | 424 | 477 | 456 | 479 |
| Operating Profit | 709 | 848 | 881 | 888 | 880 | 898 | 951 | 894 | 882 | 922 | 980 | 1009 |
| OPM % | 67 | 72 | 74 | 72 | 70 | 69 | 72 | 70 | 68 | 66 | 68 | 68 |
| Other Income | 197 | 171 | 169 | 187 | 200 | 244 | 185 | 215 | 162 | 228 | 229 | 206 |
| Interest | 742 | 828 | 829 | 836 | 830 | 883 | 877 | 857 | 835 | 937 | 939 | 996 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 164 | 191 | 221 | 239 | 251 | 259 | 258 | 251 | 209 | 213 | 270 | 219 |
| Tax % | 22 | 32 | 32 | 32 | 32 | 32 | 32 | 33 | 34 | 33 | 33 | 33 |
| Net Profit | 127 | 130 | 150 | 162 | 170 | 175 | 176 | 167 | 139 | 143 | 180 | 146 |
| EPS in Rs | 8.49 | 8.66 | 9.93 | 10.59 | 10.99 | 11.18 | 9.41 | 8.9 | 7.38 | 7.57 | 9.47 | 7.62 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1222 | 1268 | 1680 | 2240 | 2233 | 2694 | 3857 | 4862 | 5205 | 5629 |
| Expenses | 616 | 608 | 642 | 871 | 1069 | 1130 | 1174 | 1313 | 1586 | 1836 |
| Operating Profit | 607 | 660 | 1039 | 1369 | 1164 | 1564 | 2682 | 3548 | 3620 | 3793 |
| OPM % | 50 | 52 | 62 | 61 | 52 | 58 | 70 | 73 | 70 | 67 |
| Other Income | 198 | 331 | 437 | 560 | 651 | 655 | 670 | 727 | 867 | 824 |
| Interest | 741 | 822 | 1182 | 1590 | 1403 | 1688 | 2648 | 3323 | 3452 | 3706 |
| Depreciation | 41 | 41 | 42 | 44 | 41 | 48 | 50 | 51 | 57 | 0 |
| Profit before tax | 21 | 128 | 251 | 295 | 371 | 484 | 654 | 901 | 978 | 911 |
| Tax % | 58 | 30 | 38 | 36 | 35 | 34 | 30 | 32 | 33 | — |
| Net Profit | 9 | 89 | 157 | 189 | 242 | 319 | 456 | 613 | 658 | 608 |
| EPS in Rs | — | 9.78 | 15.31 | 18.4 | 20.18 | 26.33 | 30.4 | 39.57 | 34.92 | 32.04 |
| Dividend Payout % | 0 | 7 | 10 | 11 | 12 | 11 | 13 | 14 | 17 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 91 | 91 | 102 | 103 | 120 | 121 | 150 | 155 | 189 |
| Reserves | 929 | 1012 | 1433 | 1600 | 2211 | 2503 | 3830 | 4472 | 6883 |
| Borrowings | 14443 | 16262 | 21707 | 28075 | 29537 | 34341 | 40892 | 47845 | 50885 |
| Other Liabilities | 1304 | 1921 | 2297 | 2086 | 2013 | 2049 | 2112 | 2364 | 2457 |
| Total Liabilities | 16767 | 19286 | 25540 | 31864 | 33880 | 39014 | 46984 | 54836 | 60413 |
| Fixed Assets | 293 | 287 | 278 | 285 | 288 | 489 | 490 | 484 | 506 |
| CWIP | 112 | 109 | 122 | 152 | 208 | 14 | 11 | 16 | 19 |
| Investments | 4372 | 4528 | 6293 | 10496 | 10473 | 11058 | 12716 | 18278 | 16721 |
| Other Assets | 11989 | 14363 | 18847 | 20931 | 22911 | 27453 | 33767 | 36059 | 43168 |
| Total Assets | 16767 | 19286 | 25540 | 31864 | 33880 | 39014 | 46984 | 54836 | 60413 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -203 | 308 | 1292 | -2250 | -38 | -924 | -1721 | -1216 | -1930 |
| Cash from Investing Activity | -74 | -18 | 98 | -75 | -100 | -43 | -48 | -50 | -82 |
| Cash from Financing Activity | 286 | 178 | 202 | 1422 | 883 | 461 | 2477 | 869 | 5005 |
| Net Cash Flow | 9 | 468 | 1593 | -904 | 745 | -506 | 709 | -397 | 2993 |
| Free Cash Flow | -341 | 285 | 1386 | -2326 | -138 | -967 | -1768 | -1266 | -2013 |
| CFO/OP | -31 | 54 | 132 | -158 | 9 | -46 | -55 | -26 | -44 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -116 | -138 | -79 | 48 | 10 | -72 | 77 | -11 | 102 |
| ROCE % | — | 6 | 7 | 7 | 6 | 6 | 8 | 9 | 8 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.11 | Sell |
| EMA (10) | 2.12 | Sell |
| SMA (20) | 2.2 | Sell |
| EMA (20) | 2.19 | Sell |
| SMA (50) | 2.42 | Sell |
| EMA (50) | 2.31 | Sell |
| SMA (100) | 2.36 | Sell |
| EMA (100) | 2.33 | Sell |
| SMA (200) | 2.34 | Sell |
| EMA (200) | 2.28 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.22 | Neutral |
| MACD (12,26,9) | -0.09 | Sell |
| Stochastic (14,3,3) | 40.91 | Neutral |
| ADX (14) | 15.2 | Neutral |
| Williams %R (14) | -57.58 | Neutral |
| ATR (14) | 0.17 | High Volatility |
| ROC (12) | -5.83 | Sell |
| Stoch RSI (14) | 79.37 | Neutral |
| UO (7,14,28) | 49.74 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2014 | [Annual Report 2014](https://archives.nseindia.com/annual_reports/AR_3317_INGVYSYABK_2013_2014_28052014114404.zip) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_66_INGVYSYABK_2012_2013_08062013131719.zip) |
| 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport//5318070313.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_INGVYSYABK_2011_2012_25062012120854.zip) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_INGVYSYABK_2010_2011_09092011043636.zip) |
| 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport//5318070311.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_INGVYSYABK_2009_2010_18082010121500.zip) |
| 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport//5318070310.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:27.616Z.