Ticker >

Indian Bank share price

Indian Bank

NSE: INDIANB BSE: 532814 SECTOR: Bank - Public  110k   511   98

541.60
+1.70 (0.31%)
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 547.3

Today's Low

₹ 533.9

52 Week High

₹ 573.45

52 Week Low

₹ 267.25

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

72951.57 Cr.

CASA %

41.99

No. of Shares

134.7 Cr.

P/E

9.05

P/B

1.39

Face Value

₹ 10

Div. Yield

2.23 %

Book Value (TTM)

₹  389.12

Net Interest Income

20225.46 Cr.

Cost To Income %

44.2

Promoter Holding

73.84 %

EPS (TTM)

₹  59.86

CAR %

16.49

ROE

13.31 %

ROCE

11.37%

Profit Growth

33.89 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 26 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year13.31%
3 Year12.06%
5 Year8.49%

ROA%

1 Year0.76%
3 Year0.67%
5 Year0.48%

Net NPA%

1 Year0.9%
3 Year2.18%
5 Year2.68%

 NIM

1 Year2.95%
3 Year2.73%
5 Year2.69%

CAR %

16.49

Cost of Liabilities %

3.84254663806985

PEG Ratio

0.27

Advances Growth %

15.445226893726

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 73.84 0
Dec 2023 73.84 0
Sep 2023 79.86 0
Jun 2023 79.86 0
Mar 2023 79.86 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 12.0555263873185%.
  • CASA stands at 41.9870921683687% of total deposits.
  • Good Capital Adequacy Ratio of 16.49%.
  • The company has delivered good Profit growth of 91.3921528361535% over the past 3 years.
  • The company has delivered good Income growth of 28.0497912171744% over the past 3 years.
  • Strong Advances growth of 31.4332732592039% in the last 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.672539752153676%

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Interest Earned 12244.42 13049.41 13743.26 14197.62 14624.49
Other Income 1993.87 1709.58 1992.97 1901.64 2262.53
Interest Expended 6736.1 7345.9 8003.07 8383.43 8609.09
Operating Expenses 3486.62 3278.44 3430.43 3618.64 3972.95
Total Provisions 2563 1740.64 1550.65 1349.37 1247.75
Profit Before Tax 1452.57 2394.01 2752.08 2747.82 3057.23
Tax 5.29 685.18 764.32 628.47 810.23
Net Profit 1447.28 1708.83 1987.76 2119.35 2247
Net NPA % 0.9 0.7 0.6 0.53 0.43
Gross NPA % 5.95 5.47 4.97 4.47 3.95
Return on Assets % 0.82 0.95 1.06 1.11 1.15
NPM % 11.82 13.1 14.46 14.93 15.36

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Interest Earned 19184.81 21404.97 39105.79 38856.22 44942.21
Other Income 1882.89 3312.46 5650.19 6915.45 7143.06
Interest Expended 12166.72 13798.55 23439.84 22128.27 24716.75
Operating Expenses 4020.37 4420.84 10349.55 10926.5 12097.9
Total Provisions 4596.4 5125.31 8061.01 9512.67 9356.21
Profit Before Tax 284.21 1372.73 2905.58 3204.23 5914.41
Taxes -37.74 619.37 -99.1 -740.59 632.71
Net Profit 321.95 753.36 3004.68 3944.82 5281.7
Adjusted EPS (Rs.) 6.7 12.37 26.61 31.67 42.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 480.29 608.8 1129.37 1245.44 1245.44
Total Reserves 18908.4 21480.47 37282.58 42463.36 46727.31
Deposits 242075.95 260225.9 538071.11 593617.81 621165.76
Borrowings 12137.54 20830.31 24734.33 17208.97 22073.03
Other Liabilities 6463.09 6322.7 22209.27 17132.46 19289.19
Total Liabilities 280065.27 309468.17 623426.67 671668.06 710500.73
Assets
Balance with RBI 11701.86 5736.12 27545.08 58554.61 32692.63
Balance with Banks 8318.52 8188.56 23919.39 21361.44 17439.95
Investments 64992.17 81241.69 176536.97 174558.59 185988.25
Advances 181261.91 197887.01 362669.08 389186.06 449296.73
Net Block 3960.64 3894.96 7375.25 7680.01 7455.24
Other Assets 9829.4 12519.05 25379.84 20323.64 17624.13
Total Assets 280065.27 309468.17 623426.67 671668.06 710500.73
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 79.86 79.86 79.86 73.84 73.84
president of india 79.86 79.86 79.86 73.84 73.84
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 20.14 20.14 20.14 26.16 26.16
hdfc mutual fund under i... - - - - 3.47
hsbc value fund under its... - - - - 1.35
life insurance corporatio... - - - - 2.91
mirae asset large & midca... - - - - 1.23
hdfc mutual fund - hdfc m... - - - 3.34 -
hsbc value fund - - 1.22 1.09 -
life insurance corporatio... 3.07 3.07 3.07 2.91 -
hsbc mutual fund- hdfc mi... - - 3.40 - -
hdfc mutual fund - hdfc m... - 3.25 - - -
hsbc small cap fund under... 1.74 1.36 - - -
hdfc trustee company ltd.... 3.21 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Indian Bank aiming to cross Rs 1 lakh crore business transactions through digital channels8 May 2024, 12:19PM Indian Bank reports 55% rise in Q4 consolidated net profit6 May 2024, 3:44PM Indian Bank - Quaterly Results6 May 2024, 1:56PM Indian Bank - Quaterly Results6 May 2024, 1:56PM Indian Bank - Quaterly Results6 May 2024, 1:56PM Indian Bank inks pact with Tata Power Solar Systems24 Apr 2024, 6:12PM Indian Bank reports 11% rise in total deposits during Q4FY246 Apr 2024, 1:00PM Indian Bank informs about disclosure6 Apr 2024, 12:46PM Indian Bank informs about presentation 24 Jan 2024, 5:18PM Indian Bank - Quaterly Results24 Jan 2024, 1:41PM Indian Bank - Quaterly Results24 Jan 2024, 1:41PM Indian Bank - Quaterly Results24 Jan 2024, 1:41PM Indian Bank gets RBI's nod to set up wholly owned operations support subsidiary 19 Jan 2024, 12:57PM Indian Bank informs about payment of interest 15 Jan 2024, 5:06PM Indian Bank informs about compliances-certificate5 Jan 2024, 1:40PM Indian Bank informs about trading window closure28 Dec 2023, 5:22PM Indian Bank launches QIP13 Dec 2023, 11:39AM Indian Bank - Quaterly Results26 Oct 2023, 1:51PM Indian Bank - Quaterly Results26 Oct 2023, 1:51PM Indian Bank - Quaterly Results26 Oct 2023, 1:51PM Indian Bank informs about confirmation certificate5 Oct 2023, 5:18PM RBI imposes monetary penalty on Indian Bank26 Sep 2023, 3:27PM Indian Bank informs about disclosure23 Sep 2023, 12:39PM Indian Bank informs about analyst meet 22 Sep 2023, 10:19AM Indian Bank informs about analyst meet 21 Sep 2023, 10:10AM Indian Bank rolls out 'IB SAATHI' initiative18 Sep 2023, 10:30AM Indian Bank opens specialised startup cells in 10 cities 16 Aug 2023, 2:26PM Indian Bank reports 41% rise in Q1 consolidated net profit27 Jul 2023, 3:50PM Indian Bank - Quaterly Results27 Jul 2023, 2:08PM Indian Bank - Quaterly Results27 Jul 2023, 2:08PM Indian Bank - Quaterly Results27 Jul 2023, 2:08PM Indian Bank submits copy of minutes of 17th AGM17 Jul 2023, 5:13PM Indian Bank informs about appointment of RBI nominee director15 Jul 2023, 11:25AM Indian Bank unveils new services under digital transformation initiative 3 Jul 2023, 11:09AM Indian Bank informs about BRSR 1 Jul 2023, 11:56AM Indian Bank informs about closure of trading window 23 Jun 2023, 5:27PM Indian Bank inks pact with Manipal Technologies23 Jun 2023, 11:30AM Indian Bank informs about annual report27 May 2023, 10:27AM Indian Bank informs about AGM27 May 2023, 10:03AM Indian Bank informs about annual secretarial compliance report11 May 2023, 5:26PM Indian Bank informs about outcome of board meeting8 May 2023, 4:43PM Indian Bank - Quaterly Results8 May 2023, 2:01PM Indian Bank - Quaterly Results8 May 2023, 2:01PM Indian Bank - Quaterly Results8 May 2023, 2:01PM Indian Bank informs about fund raising4 May 2023, 2:41PM RBI imposes monetary penalty of Rs 55 lakh on Indian Bank10 Apr 2023, 11:09AM Indian Bank partners with Toyota Kirloskar Motor1 Mar 2023, 11:07AM Indian Bank reports 99% jump in Q3 consolidated net profit25 Jan 2023, 3:08PM Indian Bank - Quaterly Results25 Jan 2023, 1:45PM Indian Bank - Quaterly Results25 Jan 2023, 1:45PM

Indian Bank Stock Price Analysis and Quick Research Report. Is Indian Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how Indian Bank is performing and if it is the right time to buy the stock of Indian Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Indian Bank has earned Rs 44942.2129 Cr. revenue in the latest financial year. Indian Bank has posted outstanding revenue growth of 28.0497912171744 % in last 3 Years.

  • In terms of advances, Indian Bank reported 15.445226893726 % YOY,  rise . If you see 3 years advance growth, it stands at 31.4332732592039 %.

  • Currently, Indian Bank has a CASA ratio of 41.9870921683687 %. It’s overall cost of liability stands at 3.84254663806985 %. Also, the total deposits from these accounts stood at Rs 621165.7565 Cr.

  • Indian Bank has a average ROA track record. The ROA of Indian Bank is at 0.764262968799761 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of Indian Bank stood at 5.95 % and 0.9 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -1.64471549591275 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Indian Bank surged and is currently at Rs 7143.0626 Cr.

  • Indian Bank has a Good Capital Adequacy Ratio of 16.49 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Indian Bank is trading at a P/B of 1.3847 . The historical average PB was 0.545642151249829.

  • Share Price: - The current share price of Indian Bank is Rs 540.3. One can use valuation calculators of ticker to know if Indian Bank share price is undervalued or overvalued.

Last Updated on:
Brief about Indian Bank

Indian Bank Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Indian Bank has been a prominent player in the Indian banking industry for over a century. For long-term investors who are seeking comprehensive stock analysis for Indian Bank, we have developed a dedicated stock analysis page. The page is designed to provide valuable insights into the company’s share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, shareholders, and other key indicators that can assist them in making well-informed investment decisions.

Indian Bank Share Price Analysis: 

The historical trends of a company’s share price is crucial for long-term investors. Indian Bank’s stock price analysis page, developed by our team, allows investors to track the market sentiment for Indian Bank. It provides sentiment analysis over different time periods, enabling investors to analyze trends and patterns accurately. With our data-driven analysis, investors can eliminate bias and make well-informed investment decisions using our pre-built screening tools.

Indian Bank Balance Sheet Evaluation: 

Assessing a company’s financial health and stability is essential for long-term investors. By utilizing our pre-built screening tools, investors can review key financial metrics for Indian Bank, such as the Debt-Equity Ratio and Liquidity Ratio. Our tools allow investors to calculate and analyze these ratios, enabling them to make informed investment decisions. The balance sheet evaluation tool assists investors in determining the company’s financial position, growth potential, and long-term viability.

Indian Bank Annual Report Insights: 

Annual reports are a company’s treasure trove of information that provides investors with insights into the company’s performance and potential. On our website, investors can find Indian Bank’s annual reports, which are available as downloadable PDF files. Combined with expert reviews and analysis provided on our platform, these reports offer valuable insights into the company’s business strategy, competitive landscape, and management outlook. With the aid of these comprehensive reports, investors can gain a deeper understanding of the company’s prospects and potential and make informed investment decisions.

Indian Bank Dividend Analysis:

Analyzing a company’s dividend payouts provides investors with insights into its financial stability and potential returns. Investors can analyze Indian Bank’s dividend history on our website to evaluate its profitability and make informed decisions about their investments. Our stock analysis page, in conjunction with our screening tools, enables investors to assess the company’s financial stability and growth potential accurately.

Indian Bank Quarterly Results Review: 

For investors looking to evaluate a company’s short-term performance and growth prospects, monitoring quarterly results is essential. Our website provides downloadable PDF files containing Indian Bank’s quarterly results. These reports allow investors to evaluate the company’s recent performance and identify trends. With our analysis tools, investors can also assist in identifying potential buying and selling opportunities based on their findings.

Indian Bank Stock Price Trends: 

Analyzing stock price trends is critical for long-term investors, as it provides insights into a company’s growth potential and viability. Our pre-built screening tools allow investors to track the price trends of Indian Bank, enabling them to examine market sentiment and identify potential buying and selling opportunities. The data is presented using price charts that investors can leverage to identify short-term and long-term trends supporting their investment strategy formulation.

Indian Bank News Updates: 

Staying informed about the latest news and developments regarding Indian Bank is crucial for long-term investors. Our website provides access to complete information regarding the latest news about the company being sourced from reliable channels. Investors can study these articles, in conjunction with our analytical tools, to gain insights into the company’s trends and outlook. Having access to the latest news updates is essential for making informed investment decisions.

Indian Bank Conference Calls: 

Conference calls conducted by companies provide valuable insights into their operations, financial performance, and future plans. Investors looking to gain a deeper understanding of Indian Bank’s growth potential can access the calls and recordings provided on our website. These calls offer insights into potential growth opportunities, helping investors make informed decisions about their long-term investments.

Indian Bank Transcripts: 

Transcripts from conference calls offer a comprehensive tool for reviewing essential discussions between companies. Our website provides downloadable transcripts that capture in-depth analyses of Indian Bank’s operating results, financial performance, future plans and market trends. Reviewing these transcripts grants investors valuable insights into the company’s strategies, financial positions, and long-term potential.

Indian Bank Investor Presentations: 

Investor presentations offer detailed information about a company’s financial performance, strategic initiatives, and future plans. Our website provides access to Indian Bank’s investor presentations combined with premium feature tools such as DCF Analysis, BVPS Analysis, Earnings Multiple Approaches, and DuPont Analysis. These tools enable investors to conduct comprehensive stock analysis and make well-informed decisions about their investments.

Indian Bank Promoters and Shareholders: 

Evaluating the ownership structure of Indian Bank is essential for understanding the company’s strength, growth potential, and long-term viability. Our pre-built screening tools enable investors to assess promoter holdings, analyze the company’s shareholder base, and gain insights into its stability and growth potential. The promoters and shareholders analysis tool provides investors with the necessary insights to make well-informed investment decisions based on available information.

Indian Bank ROCE

At our Indian Bank stock analysis page, we provide you with comprehensive information about the Return on Capital Employed (ROCE) ratio for Indian Bank. ROCE is a financial metric that indicates how efficiently a company is utilizing its capital to generate profits. It is a key indicator for investors to assess the profitability and efficiency of the company's operations. You can find detailed ROCE data for Indian Bank in the financials table or ratio section on this page.

Indian Bank EBITDA

As part of our Indian Bank stock analysis page, we offer detailed insights into the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) ratio for Indian Bank. EBITDA is a measure of a company's operating performance and profitability. It provides a clearer picture of the company's earnings potential by excluding non-operating expenses and accounting for non-cash items. You can find the EBITDA data for Indian Bank in the financials table or ratio section on this page.

Indian Bank DPS

Our Indian Bank stock analysis page provides valuable information about the Dividends Per Share (DPS) ratio for Indian Bank. DPS is a measure of the cash distribution to shareholders in the form of dividends relative to each share of stock. It is an important indicator for investors looking for income from dividend payouts. You can access the DPS data for Indian Bank in the financials table or ratio section on this page.

Indian Bank EPS

At our Indian Bank stock analysis page, you can find comprehensive information about the Earnings Per Share (EPS) ratio for Indian Bank. EPS is a key financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock. It is an important indicator for investors to assess the company's profitability and value. You can find detailed EPS data for Indian Bank in the financials table or ratio section on this page.

Visit our Indian Bank stock analysis page to access all the necessary ratio data mentioned above and gain valuable insights into the financial performance of Indian Bank.

Read More
X