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.
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For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Indian Bank has earned Rs 67450.7138 Cr. revenue in the latest financial year. Indian Bank has posted decent revenue growth of 14.4924313147226% in last 3 Years.
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In terms of advances, Indian Bank reported 14.6772% YOY, rise . If you see 3 years advance growth, it stands at 13.3821375340092%.
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Currently, Indian Bank has a CASA ratio of 37.8807%. It’s overall cost of liability stands at 4.6357 %. Also, the total deposits from these accounts stood at Rs 827726.3015 Cr.
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Indian Bank has a healthy ROA track record. The ROA of Indian Bank is at 1.3061%.
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The Lender is efficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA of Indian Bank stood at 1.98% and 0.15% respectively as on the latest financial year.
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One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -16.595548015158% which means it has decreased from the previous year.
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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 9990.581 Cr.
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Indian Bank has a Good Capital Adequacy Ratio of 17.93 .
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The best metric which provides insights about bank’s valuation is P/B ratio. Currently Indian Bank is trading at a P/B of 1.4366 . The historical average PB was 1.09634542579682.
One can find all the Financial Ratios of Indian Bank in Ticker for free. Also, one can get the intrinsic value of Indian Bank by using Valuation Calculators, which are available with a Finology ONE subscription.
Indian Bank FAQs
Q1. What is Indian Bank share price today?
Ans: The current share price of Indian Bank is Rs 793.15.
Q2. What is the market capitalisation of Indian Bank?
Ans: Indian Bank has a market capitalisation of Rs 106834.448153015 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Indian Bank?
Ans: The PE ratio of Indian Bank is 8.57700542855289 and the P/B ratio of Indian Bank is 1.42441316476356, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Indian Bank share?
Ans: The 52-week high share price of Indian Bank is Rs 1000.9, and the 52-week low share price of Indian Bank is Rs 754.9.
Q5. Does Indian Bank pay dividends?
Ans: Currently, Indian Bank pays dividends. Dividend yield of Indian Bank is around 2.2814%.
Q6. What are the face value and book value of Indian Bank shares?
Ans: The face value of Indian Bank shares is Rs 10, while the book value per share of Indian Bank is around Rs 556.8258. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What are the ROE and ROCE of Indian Bank?
Ans: The ROE of Indian Bank is 18.2335% and ROCE of Indian Bank is 16.5012%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q8. Is Indian Bank a good buy for the long term?
Ans: The Indian Bank long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q9. Is Indian Bank undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Indian Bank appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q10. How to check Indian Bank’s financials?
Ans: You can review Indian Bank’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.