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Indian Bank

INDIANB

Indian Bank

INDIANB
FinancialsPublic Banks
MidcapWith a market cap of ₹80,393 cr, stock is ranked 128
Moderate RiskStock is 2.78x as volatile as Nifty
596.850.14% (-0.85)
596.850.14% (-0.85)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsPublic Banks
MidcapWith a market cap of ₹80,393 cr, stock is ranked 128
Moderate RiskStock is 2.78x as volatile as Nifty

How to use scorecard? Learn more

FinancialsPublic Banks
MidcapWith a market cap of ₹80,393 cr, stock is ranked 128
Moderate RiskStock is 2.78x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
8.421.332.01%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.532.580.94%

Forecast & Ratings

Detailed Forecast 
82%
Analysts have suggested that investors can buy this stock

from 11 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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

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Oct 28, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 24.97%, vs industry avg of 14.77%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 3.18% to 4.68%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue18,033.2118,261.6219,531.9121,073.5024,726.7845,219.4846,268.1552,789.6664,231.6868,469.82
Raw Materialssubtract—————————55,680.49
Power & Fuel Costsubtract—————————
Employee Costsubtract2,010.261,995.362,104.642,227.542,478.346,411.626,738.447,578.889,319.90
Selling & Administrative Expensessubtract598.85701.59736.43802.43834.121,776.051,900.482,004.402,071.51
Operating & Other expensessubtract14,314.3614,338.0815,008.5117,425.5719,722.8633,280.0933,775.0736,710.8041,291.78
Depreciation/Amortizationsubtract151.31166.24236.84259.29314.01636.90600.86532.39531.14—
Interest & Other Itemssubtract——————————
Taxes & Other Itemssubtract207.15-392.71134.95-21.46516.11-34.33-888.51390.882,597.943,239.19
EPS15.6430.2527.297.9115.8236.2434.8844.7464.9570.90
DPS1.506.000.000.000.002.006.508.6012.0012.00
Payout ratio0.100.200.000.000.000.060.190.190.180.17

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 11PDF
Feb 7PDF
Oct 28PDF
Jul 19PDF
FY 2023

Annual report

PDF

Investor Presentation

May 8PDF
Jan 25PDF
Nov 3PDF
Jul 30PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 27PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsPublic Banks

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Indian Bank9.551.332.01%
State Bank of India11.541.801.58%
Bank of Baroda Ltd7.251.132.90%
Punjab National Bank13.941.141.30%

Price Comparison

Compare INDIANB with any stock or ETF
Compare INDIANB with any stock or ETF
INDIANB
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding73.84%12.27%5.08%4.99%3.83%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep4.00%4.33%5.89%5.29%5.38%4.99%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Indian Bank




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan

Growth
2.5846%2.76%0.08%10/78 (0)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
0.6838%1.64%0.02%14/92 (+8)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
0.6330%1.35%0.02%59/105 (+3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

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

Final
Final | Div/Share: ₹12.00

Dividend/Share

₹12.00

Ex DateEx Date

Jun 7, 2024

Cash Dividend

Ex DateEx DateJun 12, 2023

Final
Final | Div/Share: ₹8.60

Dividend/Share

₹8.60

Ex DateEx Date

Jun 12, 2023

Cash Dividend

Ex DateEx DateJun 14, 2022

Final
Final | Div/Share: ₹6.50

Dividend/Share

₹6.50

Ex DateEx Date

Jun 14, 2022

Cash Dividend

Ex DateEx DateJul 8, 2021

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Jul 8, 2021

Cash Dividend

Ex DateEx DateJun 2, 2017

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Jun 2, 2017

News & Opinions
Corporate
Indian Bank to convene EGM

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

2 weeks agoCapital Market - Live
Corporate
Indian Bank cancels EGM

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

2 weeks agoCapital Market - Live
Spotlight
Indian Bank spurts 6.58%, up for third straight session

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

2 weeks agoCapital Market - Live
Spotlight
Volumes jump at Indian Bank counter

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

2 weeks agoCapital Market - Live
Corporate
Indian Bank to conduct EGM

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

1 month agoCapital Market - Live
Corporate
Indian Bank Director ceases

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

1 month agoCapital Market - Live
Earnings
Indian Bank consolidated net profit rises 35.35% in the September 2024 quarter

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

1 month agoCapital Market - Live
Earnings
Indian Bank standalone net profit rises 36.16% in the September 2024 quarter

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

1 month agoCapital Market - Live
Corporate
Indian Bank to table results

Indian Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Live Market Update
Benchmarks continue to trade sideways; oil & gas shares extend gains for 6th day

The headline equity indices continued to trade with sideways in early afternoon trade. The Nifty traded above the 26,200 level. Oil & gas shares extended gains for the six consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex shed 45.09 points or 0.05% to 85,791.03. The Nifty 50 index added 22.15 points or 0.08% to 26,238.20. The Sensex and Nifty clocked an all-time high of 85,978.25 and 26,277.35, respectively in early afternoon trade. In the broader market, the S&P BSE Mid-Cap index rose 0.22% and the S&P BSE Small-Cap index added 0.34%. The market breadth was strong. On the BSE, 2,175 shares rose and 1,641 shares fell. A total of 142 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 4.82% to 12.13. The Nifty 31 October 2024 futures were trading at 26,368, at a premium of 129.8 points as compared with the spot at 26,238.20. The Nifty option chain for the 31 October 2024 expiry showed maximum Call OI of 65 lakh contracts at the 27,000 strike price. Maximum Put OI of 47.6 lakh contracts were seen at 26,000 strike price. Buzzing Index: The Nifty Oil & Gas rose 0.95% to 12,945.15. The index advanced 4.27% in the sixth consecutive trading session. Bharat Petroleum Corporation (up 3.87%), Gujarat State Petronet (up 3.57%), Hindustan Petroleum Corporation (up 2%), Gujarat Gas (up 1.6%), Castrol India (up 1.57%), Indian Oil Corporation (up 1.54%), Petronet LNG (up 1.29%), GAIL (India) (up 1.26%), Indraprastha Gas (up 0.86%) and Adani Total Gas (up 0.44%) edged higher. Stocks in Spotlight : Indian Bank rose 0.51%. The bank said that its board, at the meeting held on Thursday (26 September 2024) has approved for raising additional long term infrastructure bonds aggregating up to Rs 5000 crore, in one or more tranches. Genesys International Corporation added 1.10% after the company has received two new contracts from NEOM and the Saudi Geological Survey Authority to adopt geospatial technology for infrastructural development in Saudi Arabia. Rail Vikas Nigam (RVNL) gained 1.19% after the company announced that it has signed memorandum of understanding (MoU) with Engineers India (EIL) to explore global business opportunities. Biocon fell 0.43%. The company said that it has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialize its GLP-1 products for treating diabetes and chronic weight management, in select countries of the Middle East.Powered by Capital Market - Live

2 months agoCapital Market - Live