IndusInd Bank Ltd.

SECTOR: Bank - Private

395.45
₹ -3.3 (-0.83%)
Today's High: 431 Today's Low : 384.25
52 Week High: 1822.15 52 Week Low : 235.60
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
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.

 Company Essentials

Market Cap

27425.6952585 Cr.

P/E

6.13

P/B

0.81

Face Value

₹10

Div. Yield

0.42%

Book Value (TTM)

487.4921

CASA %

43.1421178039337

Net Interest Income

8846.184 Cr.

Cost To Income %

44.19

Promoter Holding

14.38%

EPS (TTM)

64.5417

CAR %

14.16

ROE

13.25 %

ROCE

11.44 %

Profit Growth

-8.46 %

No. of Shares

69.35313 Cr.

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

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

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

 ROE

1 Year13.25%
3 Year15.01%
5 Year16.13%

 ROA%

1 Year1.32%
3 Year1.63%
5 Year1.7%

 Net NPA%

1 Year1.21%
3 Year0.7%
5 Year0.56%

 NIM

1 Year3.4%
3 Year3.53%
5 Year3.47%

 CAR %

14.16

 Cost of Liabilities %

5.54

 PEG Ratio

NA

 Advances Growth %

28.59

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Dec 2019 14.38 26.33
Sep 2019 14.38 26.33
Jun 2019 16.78 26.33
Mar 2019 16.8 0
Dec 2018 16.79 26.38
* Figures given above are % of equity capital

 Strengths

  • The bank has been maintaining a healthy ROA of 1.63333333333333% since last 3 years.
  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 15.0066666666667%.
  • The company has been consistently maintaining a NIM of 3.53333333333333% since last 3 years.
  • The Bank is prominently managing its Non-Performing Assets, Average NET NPA of last 3 years is 0.703333333333333%.
  • CASA stands at 43.1421178039337% of total deposits.
  • Other Income is 25.3657998187066% of total income.
  • The company has delivered good Income growth of 23.3133569654505% over the past 3 years.
  • Strong Advances growth of 28.2215912814329% in the last 3 years.

 Limitations

  • Increase in Provision and contingencies of 164.385082514765% on YoY.
  • The company is trading 4.08 times of its Book Value.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Interest Earned 5763.47 5991.44 6961.37 7150.36 7284.53
Other Income 1468.85 1558.99 1663.25 1726.66 1789.4
Interest Expended 3475.38 3759.06 4117.38 4240.82 4210.51
Operating Expenses 1639.98 1723.68 1916.28 2036.26 2117.78
Total Provisions 606.68 1560.69 430.62 737.71 1043.45
Profit Before Tax 1510.28 507 2160.34 1862.23 1702.19
Net Profit 985.03 360.1 1432.5 1383.37 1300.2
Net NPA % 0.59 1.21 1.23 1.12 1.05
Gross NPA % 1.13 2.1 2.15 2.19 2.18
Return on Assets % 1.62 0.56 2.05 1.95 1.8
NPM % 17.09 6.01 20.58 19.35 17.85

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Interest Earned 9691.96 11871.74 14405.67 17280.75 22261.15
Other Income 2548 3296.95 4171.49 4750.1 5646.72
Interest Expended 6271.69 7355.17 8343.07 9783.31 13414.97
Operating Expenses 2870.06 3672.1 4783.08 5591.44 6404.68
Total Provisions 389.05 672.16 1091.34 1175.43 3107.65
Profit Before Tax 2709.16 3469.26 4359.68 5480.68 4980.57
Taxes 915.45 1182.81 1491.79 1874.69 1679.47
Net Profit 1793.72 2286.45 2867.89 3605.99 3301.1
Adjusted EPS 34 38 48 60 55

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 529.45 594.99 598.15 600.22 602.69
Total Reserves 10101.03 17087.22 20032.77 23226.85 26072.1
Deposits 74134.36 93000.35 126572.22 151639.17 194867.91
Borrowings 20618.06 24995.87 22453.69 38289.08 47321.12
Other Liabilities 6390.42 7204.81 8976.38 7856.27 8944.42
Total Liabilities 111787.37 142896.99 178648.41 221626.16 277819.42
Assets
Balance with RBI 4035.14 4521.04 7748.75 10962.41 9961.17
Balance with Banks 6744 5590.83 10879.51 2253.47 4822.23
Investments 22878.34 34054.32 36702.14 50076.72 59266.16
Advances 68788.2 88419.34 113080.51 144953.66 186393.5
Net Block 1119.56 1217.85 1306.8 1313.31 1688.06
Other Assets 8184.12 9056.14 8902.28 12041.16 15666.35
Total Assets 111787.37 142896.99 178648.41 221626.16 277819.42
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 Indusind Bank Stock Price Analysis and Quick Research Report

Is Indusind 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 Indusind Bank is performing and if it is the right time to buy the stock of Indusind Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Indusind Bank has earned Rs 22261.151 Cr. revenue in the latest financial year. It has posted outstanding revenue growth of 23.3133569654505 % in last 3 Years.

  • In terms of advances, the bank reported 28.59 % YOY,  rise . If you see 3 years advance growth, it stands at 28.2215912814329 %.

  • Currently the company has a CASA ratio of 43.1421178260729 %. It’s overall cost of liability stands at 5.53904808932648 %. Also, the total deposits from these accounts stood at Rs 194867.907 Cr.

  • The Bank has a healthy ROA track record. The ROA of Indusind Bank is at 1.32190494451563 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 2.1 % and 1.21 % 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 positive at 164.385082514765 % which means it has increased 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 Indusind Bank decreased and is currently at Rs 5646.7189 Cr.

  • The company has a Good Capital Adequacy Ratio of 14.16 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently Indusind Bank is trading at a P/B of 4.07620331182007 . The historical average PB was 4.144.

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