Indian Overseas Bank
Indian Overseas Bank
BanksKey Fundamentals
MidcapPublic Sector BankBanksPrice-based figures as of 9 Oct 2026, 3:58 pm IST · EPS basis: Standalone · TTM
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has delivered good profit growth of 44.4% CAGR over last 5 years
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.2% over last 3 years.
- Contingent liabilities of Rs.1,71,517 Cr.
- Company might be capitalizing the interest cost
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year
AI Analysis — Bull vs Bear
As of the 2026-10-01 close, Indian Overseas Bank traded at Rs 30.38, giving a market cap of Rs 58,501.52 Cr, a TTM P/E of 10.16 and a P/B of 1.65. Profit has compounded at 44% over 5 years and 51% on a TTM basis, and ROE has improved to 14.65%. Over the same period the stock has fallen 24% in the past year, sits close to its 52-week low of Rs 30.07, pays no dividend and has a weak 10-year track record (10-year ROE of -3%).
- Profit has compounded at 44% CAGR over 5 years and 35% over 3 years, and TTM profit growth is 51%. Earnings momentum is accelerating rather than fading.
- ROE has risen to 14.65% (15% last year), up from a 3-year average of 12% and a 5-year average of 11%. Profitability is clearly improving after a 10-year period where average ROE was -3%.
- Revenue has compounded at 18% over 3 years and 15% TTM, well above the 3% 10-year CAGR. This points to a return to balance-sheet growth after years of stagnation.
- At Rs 30.38 the stock is about 27% below its 52-week high of Rs 41.80 and only about 1% above its 52-week low of Rs 30.07. Some of the valuation premium has already come off.
- A TTM P/E of 10.16 on EPS of Rs 2.99 implies an earnings yield of about 9.8%. Profit grew 51% TTM, so the multiple is low relative to recent earnings growth.
- The stock's 3-year CAGR of -14% contrasts with 35% profit CAGR over the same period. The valuation multiple has compressed significantly while fundamentals improved.
- Steady profitability raises the chance that dividends resume, given the current 0% yield. This is an inference from the data, not a company announcement.
- The stock has lost 24% over 1 year and has a -14% CAGR over 3 years. Its 10-year CAGR is only 2%. Long-term shareholder returns have been poor despite the profit recovery.
- A P/B of 1.65 implies a book value of about Rs 18.4 per share. That is a demanding multiple for a bank whose 3-year average ROE is just 12% and whose 10-year ROE is -3%.
- Dividend yield is 0% even though the bank has reported profits repeatedly. Shareholders currently get no cash return.
- Contingent liabilities total Rs 1,71,517 Cr, about 2.9x the Rs 58,501.52 Cr market cap. This is a large off-balance-sheet exposure if a meaningful share of it crystallises.
- The 10-year sales CAGR of 3% and 10-year ROE of -3% show a long history of losses and weak growth. That raises the question of how durable the current recovery cycle is.
- Recent growth starts from a depressed base: 10-year profit CAGR is 14% against 44% over 5 years. Growth rates may normalise sharply as the base effect fades.
- ROCE is 5.46%. Some flagged concerns, such as low interest coverage and possible interest capitalisation, come from generic screens that fit banks poorly, since interest expense is a bank's core cost. They still signal thin spreads on the balance sheet.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Three-day bank strike risk Sep 25
IOB told exchanges that the United Forum of Bank Unions has proposed a three-day strike from September 28 to 30, 2026. This could disrupt branch operations, deposit mobilisation and customer service.
- Co-branded RuPay card with novio Sep 17
IOB and novio (Credilio Financial Technologies) launched an FD-backed co-branded RuPay credit card in Select and Platinum variants at the Global Fintech Fest. It targets UPI-active and first-time credit users, and novio plans to issue 50 lakh cards over three years after its ₹100 crore Series A.
- Tier II interest paid on time Sep 24
IOB paid ₹45.40 crore in annual interest on its Basel III Tier II Bonds Series III on the due date, September 24, 2026. This shows steady debt servicing and liquidity discipline.
- ₹3,165 crore debt securities outstanding Oct 3
IOB disclosed ₹3,165 crore in outstanding debt securities for H1FY27 across four instruments. Coupons range from 7.80% to 9.08%.
TL;DR: The news flow for IOB is mostly routine with a slight positive tilt. The bank paid its ₹45.40 crore Tier II interest on time, reported a manageable ₹3,165 crore debt book, and expanded its digital retail reach through the FD-backed RuPay card with novio. The main near-term risk is operational, coming from the proposed September 28-30 strike, while the upper end of its 7.80%-9.08% coupon range shows that some of its borrowing is relatively expensive. Looking ahead, the stock's direction will depend more on H1FY27 results, especially asset quality, margins and credit growth, than on these disclosures.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,424 | 5,821 | 6,176 | 6,629 | 6,535 | 6,851 | 7,112 | 7,634 | 7,386 | 7,849 | 8,172 | 8,489 | 8,778 |
| Expenses | 2,618 | 2,827 | 2,581 | 4,047 | 2,736 | 3,189 | 2,849 | 3,150 | 2,713 | 2,697 | 3,430 | 3,102 | 3,989 |
| Financing Profit | -296 | -481 | -183 | -1,284 | -295 | -652 | -60 | -27 | 33 | 362 | -132 | 368 | -301 |
| Fin. Margin % | -5% | -8% | -3% | -19% | -5% | -10% | -1% | 0% | 0% | 5% | -2% | 4% | -3% |
| Other Income | 803 | 1,114 | 1,262 | 2,477 | 1,033 | 1,633 | 1,298 | 1,581 | 1,481 | 1,365 | 1,499 | 1,291 | 2,160 |
| Interest | 3,102 | 3,475 | 3,778 | 3,866 | 4,094 | 4,313 | 4,323 | 4,511 | 4,639 | 4,790 | 4,874 | 5,019 | 5,090 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 507 | 633 | 1,079 | 1,193 | 738 | 982 | 1,237 | 1,554 | 1,514 | 1,728 | 1,367 | 1,659 | 1,859 |
| Tax % | 1% | 1% | 33% | 32% | 14% | 21% | 29% | 32% | 27% | 29% | 0% | 9% | 11% |
| Net Profit | 500 | 625 | 723 | 808 | 633 | 777 | 874 | 1,051 | 1,111 | 1,226 | 1,365 | 1,505 | 1,659 |
| EPS in Rs | 0.26 | 0.33 | 0.38 | 0.43 | 0.33 | 0.41 | 0.46 | 0.55 | 0.58 | 0.64 | 0.71 | 0.78 | 0.86 |
| Gross NPA % | 7.13% | 4.74% | 3.9% | 3.1% | 2.89% | 2.72% | 2.55% | 2.14% | 1.97% | 1.83% | 1.54% | 1.42% | 1.33% |
| Net NPA % | 1.44% | 0.68% | 0.62% | 0.57% | 0.51% | 0.47% | 0.42% | 0.37% | 0.32% | 0.28% | 0.24% | 0.21% | 0.18% |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23,938 | 23,517 | 19,719 | 17,915 | 17,631 | 17,406 | 16,966 | 16,730 | 19,400 | 24,050 | 28,131 | 31,896 | 33,288 |
| Expenses | 7,262 | 11,443 | 11,728 | 17,573 | 15,142 | 16,706 | 10,360 | 9,263 | 9,756 | 11,737 | 11,529 | 11,421 | 13,218 |
| Financing Profit | -1,878 | -6,060 | -6,539 | -12,106 | -9,863 | -11,404 | -4,461 | -2,952 | -1,501 | -1,908 | -639 | 1,153 | 297 |
| Fin. Margin % | -8% | -26% | -33% | -68% | -56% | -66% | -26% | -18% | -8% | -8% | -2% | 4% | 1% |
| Other Income | 2,139 | 2,528 | 3,373 | 3,746 | 4,206 | 3,360 | 5,559 | 4,903 | 4,109 | 5,656 | 5,545 | 5,636 | 6,316 |
| Interest | 18,554 | 18,135 | 14,529 | 12,448 | 12,352 | 12,103 | 11,067 | 10,419 | 11,145 | 14,220 | 17,241 | 19,322 | 19,773 |
| Depreciation | 149 | 196 | 215 | 272 | 304 | 301 | 258 | 172 | 260 | 336 | 394 | 521 | 0 |
| PBT | 111 | -3,728 | -3,381 | -8,632 | -5,961 | -8,344 | 840 | 1,779 | 2,348 | 3,413 | 4,512 | 6,268 | 6,613 |
| Tax % | 508% | -22% | 1% | -27% | -37% | 2% | 1% | 4% | 11% | 22% | 26% | 17% | — |
| Net Profit | -454 | -2,897 | -3,417 | -6,299 | -3,738 | -8,527 | 831 | 1,710 | 2,099 | 2,656 | 3,335 | 5,208 | 5,756 |
| EPS in Rs | -3.68 | -16.03 | -13.92 | -12.88 | -4.09 | -5.19 | 0.51 | 0.9 | 1.11 | 1.4 | 1.73 | 2.7 | 2.99 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,235 | 1,807 | 2,455 | 4,891 | 9,142 | 16,437 | 16,437 | 18,902 | 18,902 | 18,902 | 19,257 | 19,257 |
| Reserves | 14,406 | 13,859 | 11,290 | 8,383 | 7,218 | -282 | 508 | 4,098 | 6,361 | 9,040 | 13,284 | 18,259 |
| Borrowing | 10,830 | 27,183 | 16,098 | 9,228 | 6,146 | 5,420 | 3,672 | 3,071 | 20,804 | 30,387 | 42,228 | 51,603 |
| Deposits | 2,53,451 | 2,24,514 | 2,11,343 | 2,16,832 | 2,22,534 | 2,22,952 | 2,40,288 | 2,62,159 | 2,60,883 | 2,85,905 | 3,11,204 | 3,68,191 |
| Other Liabilities | 5,715 | 7,073 | 5,983 | 8,634 | 4,968 | 16,200 | 13,106 | 11,147 | 6,784 | 7,799 | 9,044 | 16,011 |
| Total Liabilities | 2,85,637 | 2,74,437 | 2,47,167 | 2,47,968 | 2,50,008 | 2,60,727 | 2,74,010 | 2,99,377 | 3,13,734 | 3,52,034 | 3,95,017 | 4,73,320 |
| Fixed Assets | 2,462 | 3,218 | 3,002 | 2,838 | 3,321 | 3,124 | 2,918 | 3,365 | 3,710 | 3,725 | 4,581 | 5,007 |
| CWIP | 45 | 52 | 53 | 56 | 16 | 3 | 1 | 0 | 0 | 14 | 74 | 67 |
| Investments | 79,298 | 79,190 | 71,654 | 68,646 | 66,932 | 79,416 | 95,494 | 98,179 | 94,170 | 99,632 | 1,11,045 | 1,19,810 |
| Other Assets | 2,03,832 | 1,91,977 | 1,72,459 | 1,76,429 | 1,79,739 | 1,78,183 | 1,75,597 | 1,97,833 | 2,15,854 | 2,48,662 | 2,79,317 | 3,48,436 |
| Total Assets | 2,85,637 | 2,74,437 | 2,47,167 | 2,47,968 | 2,50,008 | 2,60,727 | 2,74,010 | 2,99,377 | 3,13,734 | 3,52,034 | 3,95,017 | 4,73,320 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 5,941 | -3,091 | -505 | -1,999 | -786 | -14,023 | 4,949 | 5,566 | -15,595 | -1,165 | 2,771 | 5,502 |
| Investing | -164 | -254 | -135 | -110 | -647 | -85 | -46 | -48 | -559 | -359 | -565 | -639 |
| Financing | 113 | 692 | 1,617 | 5,430 | 5,780 | 7,277 | 1,813 | 479 | -12 | -528 | 310 | -710 |
| Net Cash Flow | 5,890 | -2,652 | 977 | 3,322 | 4,347 | -6,831 | 6,716 | 5,997 | -16,166 | -2,052 | 2,516 | 4,152 |
| Free Cash Flow | 5,783 | -3,345 | -640 | -2,108 | -1,433 | -14,108 | 4,903 | 5,518 | -16,155 | -1,525 | 2,205 | 4,863 |
| CFO/OP | 36 | -23 | -1 | -182 | 5 | -1,933 | 77 | 85 | -158 | -5 | 5 | 30 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | -3% | -19% | -23% | -47% | -26% | -52% | 5% | 9% | 9% | 10% | 11% | 15% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Indian Overseas Bank insights
90 extracted metrics + investor summaries across FY11–FY27.
Documents
Frequently Asked Questions about Indian Overseas Bank
What does Indian Overseas Bank do?
Where is Indian Overseas Bank (IOB) listed?
Which sector does Indian Overseas Bank belong to?
What is the market capitalisation of Indian Overseas Bank?
What is the PE ratio of Indian Overseas Bank?
What is the 52-week high and low of Indian Overseas Bank?
What is the Return on Equity (ROE) of Indian Overseas Bank?
Company Information
Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969. [1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/IOB.md for Indian Overseas Bank: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.