Indian Overseas Bank
Indian Overseas Bank
BanksKey Fundamentals
MidcapPublic Sector BankBanksInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
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
AI Analysis — Bull vs Bear
Indian Overseas Bank is a public sector bank with a market cap of Rs.64,105 Cr trading at a PE of 10.7x and PB of 1.8x. The bank has shown strong profit growth of 51% TTM and 44% CAGR over 5 years, but carries contingent liabilities of Rs.1,71,517 Cr and has not paid dividends despite reporting profits.
- Strong profit growth with 51% TTM compounded profit growth and 44% CAGR over 5 years
- Revenue momentum with TTM sales growth of 15% and 3-year compounded sales CAGR of 18%
- ROE improving from negative territory (-3% over 10 years) to 15% in the last year, indicating a turnaround
- Reasonable valuation at PE of 10.7x compared to many banking peers
- 3-year compounded profit CAGR of 35% suggests sustained earnings recovery, not a one-off
- 5-year stock CAGR of 12% reflects market recognition of the operational turnaround
- 10-year compounded profit CAGR of 14% turning positive after years of losses shows structural improvement
- Massive contingent liabilities of Rs.1,71,517 Cr which is approximately 2.7x the bank's market cap of Rs.64,105 Cr
- Zero dividend yield despite reporting repeated profits, suggesting capital adequacy concerns or regulatory constraints
- Low 3-year average ROE of 12.2% which is below the cost of equity for most banks
- Low interest coverage ratio indicating vulnerability to rate cycle changes
- Potential capitalization of interest costs which may be inflating reported profitability
- Stock has declined 13% over the past 1 year despite strong profit growth, indicating market skepticism
- 10-year stock CAGR of only 2% despite recent turnaround, reflecting long history of value destruction
- PB ratio of 1.8x is elevated for a PSU bank with 12% ROE, suggesting limited margin of safety
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1 FY27 earnings call scheduled Jul 14
IOB will hold its Q1 FY27 earnings call on July 20, 2026, led by MD & CEO Ajay Kumar Srivastava to discuss quarterly results.
TL;DR: Limited news flow for IOB this period with only a routine earnings call announcement. No specific headwinds or positive catalysts emerged. Investors should watch the July 20 earnings call for updates on asset quality, credit growth, and profitability trends.
Quarterly Results
| 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
| 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
| 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
| 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
| 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% |
Documents
Frequently Asked Questions about Indian Overseas Bank
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What is the PE ratio of Indian Overseas Bank?
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What is the Return on Equity (ROE) of Indian Overseas Bank?
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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]