Indian Bank
INDIANBIndian Bank
INDIANBPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
8.42 | 1.33 | 2.01% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
18.53 | 2.58 | 0.94% |
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
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Compare with peersÂState Bank of India
Bank of Baroda Ltd
Punjab National Bank
Indian Overseas Bank
Canara Bank 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
PDFInvestor Presentation
Peers & Comparison
FinancialsPublic Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Indian Bank | 9.55 | 1.33 | 2.01% |
State Bank of India | 11.54 | 1.80 | 1.58% |
Bank of Baroda Ltd | 7.25 | 1.13 | 2.90% |
Punjab National Bank | 13.94 | 1.14 | 1.30% |
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 2.5846% | 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 0.6838% | 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 0.6330% | Percentage of the fund’s portfolio invested in the stock 1.35% | 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 59/105 (+3) |
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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 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
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
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%