Indian Bank
INDIANBIndian Bank
INDIANB
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 7.83 | 1.24 | 2.16% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.87 | 2.49 | 0.97% |
Forecast & Ratings
Detailed Forecast from 11 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Indian Bank offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.
Investor Presentation
View olderPeers
Compare with peersState Bank of India
Bank of Baroda Ltd
Punjab National Bank
Indian Overseas Bank
Union Bank of India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 18,033.21 | 18,261.62 | 19,531.91 | 21,073.50 | 24,726.78 | 45,219.48 | 46,268.15 | 52,789.66 | 64,231.68 | 68,469.82 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 55,680.49 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 2,010.26 | 1,995.36 | 2,104.64 | 2,227.54 | 2,478.34 | 6,411.62 | 6,738.44 | 7,578.88 | 9,319.90 | |||||||||||
| Selling & Administrative Expenses | 598.85 | 701.59 | 736.43 | 802.43 | 834.12 | 1,776.05 | 1,900.48 | 2,004.40 | 2,071.51 | |||||||||||
| Operating & Other expenses | 14,314.36 | 14,338.08 | 15,008.51 | 17,425.57 | 19,722.86 | 33,280.09 | 33,775.07 | 36,710.80 | 41,291.78 | |||||||||||
EBITDA | 1,109.74 | 1,226.59 | 1,682.33 | 617.96 | 1,691.46 | 3,751.72 | 3,854.16 | 6,495.58 | 11,548.49 | 12,789.33 | ||||||||||
| Depreciation/Amortization | 151.31 | 166.24 | 236.84 | 259.29 | 314.01 | 636.90 | 600.86 | 532.39 | 531.14 | — | ||||||||||
| PBIT | 958.43 | 1,060.35 | 1,445.49 | 358.67 | 1,377.45 | 3,114.82 | 3,253.30 | 5,963.19 | 11,017.35 | 12,789.33 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 958.43 | 1,060.35 | 1,445.49 | 358.67 | 1,377.45 | 3,114.82 | 3,253.30 | 5,963.19 | 11,017.35 | 12,789.33 | ||||||||||
| Taxes & Other Items | 207.15 | -392.71 | 134.95 | -21.46 | 516.11 | -34.33 | -888.51 | 390.88 | 2,597.94 | 3,239.19 | ||||||||||
| Net Income | 751.28 | 1,453.06 | 1,310.54 | 380.13 | 861.34 | 3,149.15 | 4,141.81 | 5,572.31 | 8,419.41 | 9,550.14 | ||||||||||
| EPS | 15.64 | 30.25 | 27.29 | 7.91 | 15.82 | 36.24 | 34.88 | 44.74 | 64.95 | 70.90 | ||||||||||
| DPS | 1.50 | 6.00 | 0.00 | 0.00 | 0.00 | 2.00 | 6.50 | 8.60 | 12.00 | 12.00 | ||||||||||
| Payout ratio | 0.10 | 0.20 | 0.00 | 0.00 | 0.00 | 0.06 | 0.19 | 0.19 | 0.18 | 0.17 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Investor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Indian Bank | 8.89 | 1.24 | 2.16% |
| State Bank of India | 11.15 | 1.74 | 1.63% |
| Bank of Baroda Ltd | 6.91 | 1.07 | 3.04% |
| Punjab National Bank | 13.00 | 1.07 | 1.39% |
Price Comparison
Compare INDIANB with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Indian Bank
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.8152% | Percentage of the fund’s portfolio invested in the stock 2.76% | Change in the portfolio weight of the stock over the last 3 months 0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/78 (0) |
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7448% | Percentage of the fund’s portfolio invested in the stock 1.64% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/92 (+8) |
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6683% | Percentage of the fund’s portfolio invested in the stock 1.29% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 63/110 (+2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 7, 2024
Dividend/Share
₹12.00
Ex DateEx Date
Jun 7, 2024
Cash Dividend
Ex DateEx DateJun 12, 2023
Dividend/Share
₹8.60
Ex DateEx Date
Jun 12, 2023
Cash Dividend
Ex DateEx DateJun 14, 2022
Dividend/Share
₹6.50
Ex DateEx Date
Jun 14, 2022
Cash Dividend
Ex DateEx DateJul 8, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Jul 8, 2021
Cash Dividend
Ex DateEx DateJun 2, 2017
Dividend/Share
₹6.00
Ex DateEx Date
Jun 2, 2017
Indian Bank announced that the term of appointment of Balmukund Sahay, Part-Time Non-Official Director and Vishvesh Kumar Goel, Part-Time Non-Official Director of the Bank expired on 20 December 2024. Accordingly, Balmukund Sahay and Vishvesh Kumar Goel have ceased to be Director of the Bank with effect from today i.e. 21 December 2024.Powered by Capital Market - Live
Indian Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 January 2025 .Powered by Capital Market - Live
Indian Bank has cancelled the Extra-ordinary General Meeting of the company which was scheduled to be held on 6 December 2024.Powered by Capital Market - Live
Indian Bank rose for a third straight session today. The stock is quoting at Rs 566.6, up 6.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24282.7. The Sensex is at 80152.78, up 1.31%. Indian Bank has added around 2.75% in last one month. Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has added around 4.06% in last one month and is currently quoting at 6508.15, up 4.27% on the day. The volume in the stock stood at 58.83 lakh shares today, compared to the daily average of 20 lakh shares in last one month.The PE of the stock is 7.56 based on TTM earnings ending September 24.Powered by Capital Market - Live
Easy Trip Planners Ltd, Central Bank of India, Rites Ltd, Vedant Fashions Ltd are among the other stocks to see a surge in volumes on BSE today, 25 November 2024.Indian Bank saw volume of 1.73 lakh shares by 10:47 IST on BSE, a 4.5 fold spurt over two-week average daily volume of 38439 shares. The stock increased 6.70% to Rs.567.35. Volumes stood at 30623 shares in the last session.Easy Trip Planners Ltd saw volume of 38.12 lakh shares by 10:47 IST on BSE, a 3.25 fold spurt over two-week average daily volume of 11.74 lakh shares. The stock increased 2.78% to Rs.32.90. Volumes stood at 10.68 lakh shares in the last session.Central Bank of India clocked volume of 9.12 lakh shares by 10:47 IST on BSE, a 2.75 times surge over two-week average daily volume of 3.31 lakh shares. The stock gained 7.93% to Rs.56.48. Volumes stood at 2.25 lakh shares in the last session.Rites Ltd recorded volume of 2.2 lakh shares by 10:47 IST on BSE, a 2.69 times surge over two-week average daily volume of 81658 shares. The stock gained 9.52% to Rs.301.40. Volumes stood at 79501 shares in the last session.Vedant Fashions Ltd clocked volume of 11497 shares by 10:47 IST on BSE, a 2.36 times surge over two-week average daily volume of 4875 shares. The stock gained 3.33% to Rs.1,436.45. Volumes stood at 6888 shares in the last session.Powered by Capital Market - Live
Indian Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 December 2024 .Powered by Capital Market - Live
The term of Ms. Papia Sengupta, the Shareholder Director of Indian Bank expired on 28.10.2024 and hence she has ceased to be the Director of the bank w.e.f. 29 October 2024.Powered by Capital Market - Live
Net profit of Indian Bank rose 35.35% to Rs 2799.70 crore in the quarter ended September 2024 as against Rs 2068.49 crore during the previous quarter ended September 2023. Total Operating Income rose 11.66% to Rs 15369.01 crore in the quarter ended September 2024 as against Rs 13763.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income15369.0113763.80 12 OPM %66.5362.58 - PBDT3673.992776.74 32 PBT3673.992776.74 32 NP2799.702068.49 35 Powered by Capital Market - Live
Net profit of Indian Bank rose 36.16% to Rs 2706.44 crore in the quarter ended September 2024 as against Rs 1987.76 crore during the previous quarter ended September 2023. Total Operating Income rose 11.67% to Rs 15347.58 crore in the quarter ended September 2024 as against Rs 13743.26 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income15347.5813743.26 12 OPM %67.5163.76 - PBDT3629.362752.08 32 PBT3629.362752.08 32 NP2706.441987.76 36 Powered by Capital Market - Live
Indian Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 24.97%, vs industry avg of 14.77%
Increasing Market Share
Over the last 5 years, market share increased from 3.18% to 4.68%