On 6 Nov 2026, Indian Bank was priced at ₹902.00, or 9.2× trailing earnings. Net profit grew 28% a year over 3 years, with ROE of 16%. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 1.40× book value and its dividend yield is 2.0%. It is a large-cap company with a market cap of ₹1.2 lakh crore, ranked 9th of 41 Banks (Regional) companies by market cap; the shares rose 2.3% over the past year.
- ₹889.40
- ₹902.00
- ₹881.00
- ₹892.15
- 11.7 L
Health check
- ReturnsBehind
+2.3% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 1.40 vs peer median 1.78.
- GrowthSteady
Profit +28.1% a year over 3 years.
- ProfitabilityAverage
ROE 16.1% vs peer median 14.7%.
- Balance sheetFair
Return on assets 1.32%. Bad-loan data isn’t covered.
- Red flagsNone found
No warning signs in the headline numbers.
Large cap
Defensive
Key metrics
- Market cap
- ₹1.2L Cr
- Large cap
- P/E
- 9.2
- Industry 9.2
- Price to book
- 1.40
- Peers 1.78
- Dividend yield
- 2.02%
- ROE
- 16.1%
- Peers 14.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹98.13
- Face value ₹10
- OPM (TTM)
- 49.9%
- Net margin 36.4%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +14.0%
- Latest quarter vs a year ago
- Price to sales
- 3.34
Strengths and risks
Strengths
- Dividend yield of 2.02%.
About Indian Bank
Indian Bank provides various banking products and services. It offers deposit products, including savings bank and current accounts, term deposits, and non-resident Indian (NRI) accounts. The company also provides agriculture, MSME, corporate, online, home, mortgage, vehicle, personal, educational, and jewel loans; supply chain finance; 59 minutes loans; loan/OD against deposits, NSC/KVP/ relief bonds of RBI/LIC policies; and other retail/personal loans.…
- Headquarters
- Chennai
- Employees
- 40,161
- Sector
- Financial Services
- ISIN
- INE562A01011
- Website
- indianbank.bank.in
Price range
- Avg volume (3M)
- 12.5 L
- 1-year return
- plus 2.3%
- From 52-week high
- minus 9.9%
Analyst consensus
Peers · Banks - Regional
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HDFCBANKHDFC Bank | 788.25 | plus 3.72% | 12,16,451 | 17.2 | 2.00 | 11.0% | 1.7% | 12.5% | 1.65% | minus 22.9% |
| ICICIBANKICICI Bank | 1,571.20 | plus 4.75% | 11,28,255 | 19.3 | 2.89 | 16.5% | 2.1% | 16.8% | 0.76% | plus 12.2% |
| SBINState Bank of India | 1,018.50 | plus 1.20% | 9,40,138 | 10.4 | 1.40 | 14.7% | 1.2% | 14.4% | 1.70% | plus 5.1% |
| KOTAKBANKKotak Mahindra Bank | 480.00 | plus 2.78% | 4,77,498 | 22.2 | 2.45 | 11.8% | 2.1% | 8.9% | 0.14% | plus 11.4% |
| AXISBANKAxis Bank | 1,322.90 | plus 3.35% | 4,11,985 | 13.8 | 1.78 | 13.9% | 1.6% | 34.6% | 0.08% | plus 4.4% |
| PNBPunjab National Bank | 126.55 | plus 0.36% | 1,45,443 | 6.4 | 0.90 | 15.1% | 1.1% | 76.4% | 2.37% | plus 2.3% |
| UNIONBANKUnion Bank of India | 187.00 | minus 0.53% | 1,42,748 | 6.5 | 1.00 | 16.3% | 1.4% | 31.7% | 2.67% | plus 24.1% |
| INDIANBIndian Bank | 902.00 | plus 1.10% | 1,21,496 | 9.2 | 1.40 | 16.1% | 1.3% | 28.1% | 2.02% | plus 2.3% |
| Median of 7 peers | – | 2.78% | 4,77,498 | 13.8 | 1.78 | 14.7% | 1.6% | 16.8% | 1.65% | 5.1% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 8,982 | 9,692 | 9,889 | 10,341 | 11,947 | |
| 9,924 | 10,203 | 10,372 | 10,657 | 11,389 | |
| −767 | – | – | – | – | |
| 3,335 | 4,199 | 4,078 | 4,394 | 4,848 | |
| 33.5% | 26.5% | 23.6% | 24.9% | 28.9% | |
| 2,276 | 3,147 | 3,173 | 3,357 | 3,541 | |
| 16.90 | 23.36 | 23.56 | 24.92 | 26.29 |
Profit & loss
- Profit CAGR 3Y
- +28.1%
- EPS CAGR 3Y
- +24.8%
- ROE
- 16.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 28,072 | 31,893 | 35,223 | 37,794 | |
| – | +13.6% | +10.4% | +7.3% | |
| 24,717 | 32,341 | 36,826 | 40,539 | |
| 532 | 531 | 543 | 609 | |
| 0.2 | −1.9 | 1.7 | 0.3 | |
| 5,330 | 8,129 | 10,995 | 12,227 | |
| 12.4% | 35.9% | 35.4% | 35.0% | |
| 5,572 | 8,419 | 11,261 | 11,704 | |
| – | +51.1% | +33.8% | +3.9% | |
| 44.74 | 66.03 | 83.61 | 86.89 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,245 | 1,347 | 1,347 | 1,347 | |
| 48,261 | 58,901 | 70,166 | 78,696 | |
| 22,092 | 23,143 | 33,374 | 36,807 | |
| 6,41,735 | 7,12,318 | 7,72,151 | 8,74,703 | |
| 7,13,334 | 7,95,709 | 8,77,039 | 9,91,553 | |
| 7,481 | 7,540 | 8,857 | 8,677 | |
| 10.3 | 17.3 | 31.1 | 35.1 | |
| 1,89,215 | 2,15,824 | 2,28,810 | 2,47,952 | |
| 50,217 | 42,177 | 54,961 | 65,700 | |
| 4,66,412 | 5,30,151 | 5,84,379 | 6,69,190 | |
| 7,13,334 | 7,95,709 | 8,77,039 | 9,91,553 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −27,894 | −8,617 | 17,396 | 18,815 | |
| −314 | −618 | −348 | −428 | |
| −1,543 | 1,195 | −4,264 | −7,649 | |
| −29,751 | −8,040 | 12,784 | 10,738 | |
| −334 | −627 | −540 | −454 | |
| −28,228 | −9,244 | 16,856 | 18,361 | |
| −810 | −1,071 | −1,616 | −2,189 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 17.2% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.