Indian Bank

•

₹ 876.90.68%

2026-08-21

indianbank.inBSE: 532814NSE: INDIANB

Market Cap₹ 1,17,455 Cr.

Current Price₹ 871

High / Low₹ 1,001 / 643

Stock P/E9.2

Book Value₹ 570

Price to Book1.56

Dividend Yield2.09 %

ROCE16.3 %

ROE17.8 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Other Retail Banking: 41.1% • Corporate / Wholesale Banking: 31.9% • Treasury: 23.9% • Banking & Other Operations: 3.0% • Digital Banking: 0.0%

PROS

Company has delivered good profit growth of 32.3% CAGR over last 5 years
Comfortable capital adequacy - CAR of 17.9%
Strong return ratios for a lender: 3Y avg ROE 17.7%, ROA 1.2%
Solid return on assets for a lender - ROA of 1.3%
Asset quality is healthy - gross NPA of just 2.0%

CONS

A large part of profit comes from other income (65.7% of PBT)
Operating margins have contracted to 29.7% from 34.1%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Financial ServicesBankBank - Public

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	SBIN	1046.00	11.20	965522.60	1.66	24579.04	13.65	136240.49	8.36	12.16	52.34
2.	UNIONBANK	185.50	6.86	141603.38	2.70	5368.17	29.77	27427.10	1.21	14.57	69.42
3.	PNB	117.00	6.09	134467.44	2.56	5339.15	191.40	33589.17	3.12	13.26	75.40
4.	BANKBARODA	244.50	6.96	126439.81	3.48	1572.59	-53.08	35114.52	6.84	11.20	33.10
5.	INDIANB	872.00	9.19	117455.26	2.09	3299.48	48.73	18095.14	11.11	16.28	67.14
6.	CANBK	128.55	5.87	116603.22	3.27	4864.08	61.96	32957.16	4.55	14.46	68.47
7.	BANKINDIA	141.50	5.47	64420.25	3.29	3138.46	77.92	20096.90	8.83	10.97	73.18
8.	IOB	33.18	10.72	63893.36	0.00	1659.24	49.25	8777.57	18.82	11.31	54.56
9.	MAHABANK	79.85	8.15	61417.07	2.76	20205.40	1168.32	80346.50	1039.02	16.53	68.61
10.	UCOBANK	25.69	13.05	32214.13	1.71	652.43	24.09	6744.59	15.10	11.00	54.71
11.	CENTRALBK	30.92	6.13	27986.93	3.88	1328.95	5.43	9725.90	12.79	8.27	67.83
12.	PSB	23.21	0.00	16468.85	1.68	331.51	23.16	3213.37	10.40	9.07	71.38

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	13,050	13,764	14,203	14,633	15,041	15,369	15,770	15,860	16,285	16,628	17,102	17,488	18,095
Interest Expended	7,346	8,003	8,383	8,609	8,861	9,154	9,345	9,467	9,924	10,040	10,203	10,372	10,657
Net Interest Income	5,704	5,761	5,819	6,024	6,180	6,216	6,425	6,393	6,361	6,589	6,899	7,117	7,438
	1,871	2,166	2,113	2,432	2,077	2,602	2,397	2,935	2,620	2,643	2,793	2,773	2,902
Total Income	0	0	0	0	17,118	17,971	18,168	18,794	18,906	19,271	19,895	20,261	20,997
Operating Expenses	0	0	0	0	37,332	40,447	40,421	43,032	41,891	43,699	46,354	45,835	4,752
Operating Profit	0	0	0	0	45,240	47,731	47,803	50,241	47,924	48,615	50,565	53,058	5,588
Provisions & Contingencies	0	0	0	0	12,611	10,991	10,596	7,943	6,910	7,385	8,571	12,280	1,194
Profit before Tax	2,415	2,777	2,774	3,078	3,263	3,674	3,721	4,230	3,335	4,123	4,199	4,078	4,394
Tax %	28.58%	27.68%	22.99%	26.57%	25.92%	25.42%	22.70%	29.99%	33.47%	26.25%	26.51%	23.61%	24.92%
Net Profit	0	0	0	0	2,417	2,740	2,876	2,961	2,219	3,041	3,086	3,115	3,299
EPS	15	17	17	17	19	21	22	22	17	23	23	24	2
Gross NPA %	0.00%	0.00%	0.00%	0.00%	3.77%	3.48%	3.26%	3.09%	3.01%	2.60%	2.23%	1.98%	1.86%
Net NPA %	0.00%	0.00%	0.00%	0.00%	0.39%	0.27%	0.21%	0.19%	0.18%	0.16%	0.15%	0.15%	0.15%
Provision Coverage %	0.00%	0.00%	0.00%	0.00%	96.66%	97.60%	98.09%	98.10%	98.20%	98.28%	98.28%	98.28%	98.22%
NIM %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CASA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Capital Adequacy %	0.00%	0.00%	0.00%	0.00%	16.79%	16.87%	16.24%	18.33%	17.99%	17.49%	16.76%	18.17%	17.80%
Return on Assets %	0.00%	0.00%	0.00%	0.00%	1.29%	1.39%	1.42%	1.40%	1.03%	1.36%	1.34%	1.31%	1.34%
Branches / ATMs / Employees	—	—	—	—	—	—	—	—	—	—	—	—	—
Gross NPA %	0.00%	0.00%	0.00%	0.00%	3.77%	3.48%	3.26%	3.09%	3.01%	2.60%	2.23%	1.98%	1.86%
Net NPA %	0.00%	0.00%	0.00%	0.00%	0.39%	0.27%	0.21%	0.19%	0.18%	0.16%	0.15%	0.15%	0.15%
Provision Coverage %	0.00%	0.00%	0.00%	0.00%	96.66%	97.60%	98.09%	98.10%	98.20%	98.28%	98.28%	98.28%	98.22%
NIM %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CASA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Capital Adequacy %	0.00%	0.00%	0.00%	0.00%	16.79%	16.87%	16.24%	18.33%	17.99%	17.49%	16.76%	18.17%	17.80%
Return on Assets %	0.00%	0.00%	0.00%	0.00%	1.29%	1.39%	1.42%	1.40%	1.03%	1.36%	1.34%	1.31%	1.34%
Branches / ATMs / Employees	—	—	—	—	—	—	—	—	—	—	—	—	—

Jun 2023

: 13,050
Interest Expended: 7,346
Net Interest Income: 5,704
: 1,871
Total Income: 0
Operating Expenses: 0
Operating Profit: 0
Provisions & Contingencies: 0
Profit before Tax: 2,415
Tax %: 28.58%
Net Profit: 0
EPS: 15
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Sep 2023

: 13,764
Interest Expended: 8,003
Net Interest Income: 5,761
: 2,166
Total Income: 0
Operating Expenses: 0
Operating Profit: 0
Provisions & Contingencies: 0
Profit before Tax: 2,777
Tax %: 27.68%
Net Profit: 0
EPS: 17
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Dec 2023

: 14,203
Interest Expended: 8,383
Net Interest Income: 5,819
: 2,113
Total Income: 0
Operating Expenses: 0
Operating Profit: 0
Provisions & Contingencies: 0
Profit before Tax: 2,774
Tax %: 22.99%
Net Profit: 0
EPS: 17
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Mar 2024

: 14,633
Interest Expended: 8,609
Net Interest Income: 6,024
: 2,432
Total Income: 0
Operating Expenses: 0
Operating Profit: 0
Provisions & Contingencies: 0
Profit before Tax: 3,078
Tax %: 26.57%
Net Profit: 0
EPS: 17
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Jun 2024

: 15,041
Interest Expended: 8,861
Net Interest Income: 6,180
: 2,077
Total Income: 17,118
Operating Expenses: 37,332
Operating Profit: 45,240
Provisions & Contingencies: 12,611
Profit before Tax: 3,263
Tax %: 25.92%
Net Profit: 2,417
EPS: 19
Gross NPA %: 3.77%
Net NPA %: 0.39%
Provision Coverage %: 96.66%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.79%
Return on Assets %: 1.29%
Branches / ATMs / Employees: —
Gross NPA %: 3.77%
Net NPA %: 0.39%
Provision Coverage %: 96.66%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.79%
Return on Assets %: 1.29%
Branches / ATMs / Employees: —

Sep 2024

: 15,369
Interest Expended: 9,154
Net Interest Income: 6,216
: 2,602
Total Income: 17,971
Operating Expenses: 40,447
Operating Profit: 47,731
Provisions & Contingencies: 10,991
Profit before Tax: 3,674
Tax %: 25.42%
Net Profit: 2,740
EPS: 21
Gross NPA %: 3.48%
Net NPA %: 0.27%
Provision Coverage %: 97.60%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.87%
Return on Assets %: 1.39%
Branches / ATMs / Employees: —
Gross NPA %: 3.48%
Net NPA %: 0.27%
Provision Coverage %: 97.60%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.87%
Return on Assets %: 1.39%
Branches / ATMs / Employees: —

Dec 2024

: 15,770
Interest Expended: 9,345
Net Interest Income: 6,425
: 2,397
Total Income: 18,168
Operating Expenses: 40,421
Operating Profit: 47,803
Provisions & Contingencies: 10,596
Profit before Tax: 3,721
Tax %: 22.70%
Net Profit: 2,876
EPS: 22
Gross NPA %: 3.26%
Net NPA %: 0.21%
Provision Coverage %: 98.09%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.24%
Return on Assets %: 1.42%
Branches / ATMs / Employees: —
Gross NPA %: 3.26%
Net NPA %: 0.21%
Provision Coverage %: 98.09%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.24%
Return on Assets %: 1.42%
Branches / ATMs / Employees: —

Mar 2025

: 15,860
Interest Expended: 9,467
Net Interest Income: 6,393
: 2,935
Total Income: 18,794
Operating Expenses: 43,032
Operating Profit: 50,241
Provisions & Contingencies: 7,943
Profit before Tax: 4,230
Tax %: 29.99%
Net Profit: 2,961
EPS: 22
Gross NPA %: 3.09%
Net NPA %: 0.19%
Provision Coverage %: 98.10%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 18.33%
Return on Assets %: 1.40%
Branches / ATMs / Employees: —
Gross NPA %: 3.09%
Net NPA %: 0.19%
Provision Coverage %: 98.10%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 18.33%
Return on Assets %: 1.40%
Branches / ATMs / Employees: —

Jun 2025

: 16,285
Interest Expended: 9,924
Net Interest Income: 6,361
: 2,620
Total Income: 18,906
Operating Expenses: 41,891
Operating Profit: 47,924
Provisions & Contingencies: 6,910
Profit before Tax: 3,335
Tax %: 33.47%
Net Profit: 2,219
EPS: 17
Gross NPA %: 3.01%
Net NPA %: 0.18%
Provision Coverage %: 98.20%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.99%
Return on Assets %: 1.03%
Branches / ATMs / Employees: —
Gross NPA %: 3.01%
Net NPA %: 0.18%
Provision Coverage %: 98.20%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.99%
Return on Assets %: 1.03%
Branches / ATMs / Employees: —

Sep 2025

: 16,628
Interest Expended: 10,040
Net Interest Income: 6,589
: 2,643
Total Income: 19,271
Operating Expenses: 43,699
Operating Profit: 48,615
Provisions & Contingencies: 7,385
Profit before Tax: 4,123
Tax %: 26.25%
Net Profit: 3,041
EPS: 23
Gross NPA %: 2.60%
Net NPA %: 0.16%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.49%
Return on Assets %: 1.36%
Branches / ATMs / Employees: —
Gross NPA %: 2.60%
Net NPA %: 0.16%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.49%
Return on Assets %: 1.36%
Branches / ATMs / Employees: —

Dec 2025

: 17,102
Interest Expended: 10,203
Net Interest Income: 6,899
: 2,793
Total Income: 19,895
Operating Expenses: 46,354
Operating Profit: 50,565
Provisions & Contingencies: 8,571
Profit before Tax: 4,199
Tax %: 26.51%
Net Profit: 3,086
EPS: 23
Gross NPA %: 2.23%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.76%
Return on Assets %: 1.34%
Branches / ATMs / Employees: —
Gross NPA %: 2.23%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 16.76%
Return on Assets %: 1.34%
Branches / ATMs / Employees: —

Mar 2026

: 17,488
Interest Expended: 10,372
Net Interest Income: 7,117
: 2,773
Total Income: 20,261
Operating Expenses: 45,835
Operating Profit: 53,058
Provisions & Contingencies: 12,280
Profit before Tax: 4,078
Tax %: 23.61%
Net Profit: 3,115
EPS: 24
Gross NPA %: 1.98%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 18.17%
Return on Assets %: 1.31%
Branches / ATMs / Employees: —
Gross NPA %: 1.98%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 18.17%
Return on Assets %: 1.31%
Branches / ATMs / Employees: —

Jun 2026

: 18,095
Interest Expended: 10,657
Net Interest Income: 7,438
: 2,902
Total Income: 20,997
Operating Expenses: 4,752
Operating Profit: 5,588
Provisions & Contingencies: 1,194
Profit before Tax: 4,394
Tax %: 24.92%
Net Profit: 3,299
EPS: 2
Gross NPA %: 1.86%
Net NPA %: 0.15%
Provision Coverage %: 98.22%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.80%
Return on Assets %: 1.34%
Branches / ATMs / Employees: —
Gross NPA %: 1.86%
Net NPA %: 0.15%
Provision Coverage %: 98.22%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 17.80%
Return on Assets %: 1.34%
Branches / ATMs / Employees: —

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	0	0	0	0	0	0	0	55,650	62,039	67,504	—
Interest Expended	10,891	10,851	12,167	13,798	23,439	22,129	24,717	32,341	36,826	40,539	41,271
Net Interest Income	-10,891	-10,851	-12,167	-13,798	-23,439	-22,129	-24,717	23,309	25,213	26,965	—
	2,222	2,417	1,891	3,326	6,111	7,380	7,804	8,582	10,011	10,829	11,110
Total Income	0	0	0	0	0	0	0	64,232	72,051	78,333	80,424
	0	0	0	0	0	0	0	14,953	16,123	17,778	—
Operating Profit	-10,891	-10,851	-12,167	-13,798	-23,439	-22,129	-24,717	16,938	19,101	20,016	—
	2,194	3,725	4,599	486	7,785	9,522	9,307	5,921	4,238	3,541	—
Profit before Tax	1,765	1,080	283	1,377	2,917	3,253	5,963	11,017	14,864	16,475	16,795
Tax %	0	0	0	0	0	0	0	26	26	26	25
Net Profit	1,413	1,263	321	758	3,016	3,994	5,330	8,129	10,995	12,227	12,541
EPS	30	27	8	0	28	34	45	63	84	87	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—

Mar 2017

: 0
Interest Expended: 10,891
Net Interest Income: -10,891
: 2,222
Total Income: 0
: 0
Operating Profit: -10,891
: 2,194
Profit before Tax: 1,765
Tax %: 0
Net Profit: 1,413
EPS: 30
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2018

: 0
Interest Expended: 10,851
Net Interest Income: -10,851
: 2,417
Total Income: 0
: 0
Operating Profit: -10,851
: 3,725
Profit before Tax: 1,080
Tax %: 0
Net Profit: 1,263
EPS: 27
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2019

: 0
Interest Expended: 12,167
Net Interest Income: -12,167
: 1,891
Total Income: 0
: 0
Operating Profit: -12,167
: 4,599
Profit before Tax: 283
Tax %: 0
Net Profit: 321
EPS: 8
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2020

: 0
Interest Expended: 13,798
Net Interest Income: -13,798
: 3,326
Total Income: 0
: 0
Operating Profit: -13,798
: 486
Profit before Tax: 1,377
Tax %: 0
Net Profit: 758
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2021

: 0
Interest Expended: 23,439
Net Interest Income: -23,439
: 6,111
Total Income: 0
: 0
Operating Profit: -23,439
: 7,785
Profit before Tax: 2,917
Tax %: 0
Net Profit: 3,016
EPS: 28
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2022

: 0
Interest Expended: 22,129
Net Interest Income: -22,129
: 7,380
Total Income: 0
: 0
Operating Profit: -22,129
: 9,522
Profit before Tax: 3,253
Tax %: 0
Net Profit: 3,994
EPS: 34
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2023

: 0
Interest Expended: 24,717
Net Interest Income: -24,717
: 7,804
Total Income: 0
: 0
Operating Profit: -24,717
: 9,307
Profit before Tax: 5,963
Tax %: 0
Net Profit: 5,330
EPS: 45
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2024

: 55,650
Interest Expended: 32,341
Net Interest Income: 23,309
: 8,582
Total Income: 64,232
: 14,953
Operating Profit: 16,938
: 5,921
Profit before Tax: 11,017
Tax %: 26
Net Profit: 8,129
EPS: 63
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2025

: 62,039
Interest Expended: 36,826
Net Interest Income: 25,213
: 10,011
Total Income: 72,051
: 16,123
Operating Profit: 19,101
: 4,238
Profit before Tax: 14,864
Tax %: 26
Net Profit: 10,995
EPS: 84
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2026

: 67,504
Interest Expended: 40,539
Net Interest Income: 26,965
: 10,829
Total Income: 78,333
: 17,778
Operating Profit: 20,016
: 3,541
Profit before Tax: 16,475
Tax %: 26
Net Profit: 12,227
EPS: 87
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

TTM

: —
Interest Expended: 41,271
Net Interest Income: —
: 11,110
Total Income: 80,424
: —
Operating Profit: —
: —
Profit before Tax: 16,795
Tax %: 25
Net Profit: 12,541
EPS: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

COMPOUNDED SALES GROWTH

10 Years:: 15%
5 Years:: 12%
3 Years:: 14%

COMPOUNDED PROFIT GROWTH

10 Years:: 32%
5 Years:: 30%
3 Years:: 28%

STOCK PRICE CAGR

10 Years:: 15%
5 Years:: 48%
3 Years:: 29%
1 Year:: 30%

RETURN ON EQUITY

10 Years:: 11%
5 Years:: 15%
3 Years:: 18%
Last Year:: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	480	480	480	609	1,129	1,245	1,245	1,347	1,347	1,347
	16,954	18,235	19,235	22,159	38,329	43,706	48,261	58,901	70,166	78,696
	1,82,480	2,08,262	2,42,041	2,60,184	5,38,030	5,93,571	6,21,123	6,87,953	7,37,098	8,27,654
	12,637	19,760	12,138	20,830	24,763	17,218	22,092	23,143	41,552	46,807
Other Liabilities & Provisions	5,938	6,224	6,474	6,338	23,262	18,331	20,585	24,335	26,843	37,015
Total Liabilities	2,18,507	2,52,981	2,80,388	3,10,141	6,25,535	6,74,096	7,13,334	7,95,709	8,77,039	9,91,553
ASSETS	-	-	-	-	-	-	-	-	-	-
	5,589	10,502	11,702	5,736	27,545	58,555	32,693	32,703	31,948	34,055
Balances with Banks & Money at Call	4,459	2,432	8,326	8,200	23,959	21,414	17,524	9,474	23,014	31,645
	67,781	71,619	65,272	81,871	1,78,292	1,76,502	1,88,366	2,15,242	2,28,421	2,47,682
	1,27,708	1,56,569	1,81,262	1,97,887	3,62,669	3,89,186	4,49,294	5,14,889	5,71,071	6,54,888
	3,436	3,421	3,964	3,898	7,391	7,693	7,470	7,523	8,826	8,642
	9,525	8,438	9,862	12,547	25,677	20,742	17,976	15,861	13,728	14,606
Total Assets	2,18,507	2,52,981	2,80,388	3,10,141	6,25,535	6,74,096	7,13,334	7,95,709	8,77,039	9,91,553
CASA Deposits	57,334	64,060	70,766	76,609	1,95,250	2,11,208	2,24,952	2,41,494	2,43,223	2,69,098
CASA Ratio (%)	31.42	30.76	29.24	29.44	36.29	35.58	36.22	35.10	33.00	32.51
Credit-Deposit Ratio (%)	69.98	75.18	74.89	76.06	67.41	65.57	72.34	74.84	77.48	79.13
Contingent Liabilities	29,386	33,729	36,219	42,602	2,93,607	3,56,020	3,81,370	3,34,331	2,80,758	2,56,037
Bills for Collection	0	0	0	0	0	0	0	15,935	14,159	10,283
Book Value per Share	306.76	335.09	346.05	373.97	349.38	311.06	348.47	402.93	477.46	541.78
CASA Deposits	57,334	64,060	70,766	76,609	1,95,250	2,11,208	2,24,952	2,41,494	2,43,223	2,69,098
CASA Ratio (%)	31.42	30.76	29.24	29.44	36.29	35.58	36.22	35.10	33.00	32.51
Credit-Deposit Ratio (%)	69.98	75.18	74.89	76.06	67.41	65.57	72.34	74.84	77.48	79.13
Contingent Liabilities	29,386	33,729	36,219	42,602	2,93,607	3,56,020	3,81,370	3,34,331	2,80,758	2,56,037
Bills for Collection	0	0	0	0	0	0	0	15,935	14,159	10,283
Book Value per Share	306.76	335.09	346.05	373.97	349.38	311.06	348.47	402.93	477.46	541.78

Mar 2017

Equity Capital: 480
: 16,954
: 1,82,480
: 12,637
Other Liabilities & Provisions: 5,938
Total Liabilities: 2,18,507
: 5,589
Balances with Banks & Money at Call: 4,459
: 67,781
: 1,27,708
: 3,436
: 9,525
Total Assets: 2,18,507
CASA Deposits: 57,334
CASA Ratio (%): 31.42
Credit-Deposit Ratio (%): 69.98
Contingent Liabilities: 29,386
Bills for Collection: 0
Book Value per Share: 306.76
CASA Deposits: 57,334
CASA Ratio (%): 31.42
Credit-Deposit Ratio (%): 69.98
Contingent Liabilities: 29,386
Bills for Collection: 0
Book Value per Share: 306.76

Mar 2018

Equity Capital: 480
: 18,235
: 2,08,262
: 19,760
Other Liabilities & Provisions: 6,224
Total Liabilities: 2,52,981
: 10,502
Balances with Banks & Money at Call: 2,432
: 71,619
: 1,56,569
: 3,421
: 8,438
Total Assets: 2,52,981
CASA Deposits: 64,060
CASA Ratio (%): 30.76
Credit-Deposit Ratio (%): 75.18
Contingent Liabilities: 33,729
Bills for Collection: 0
Book Value per Share: 335.09
CASA Deposits: 64,060
CASA Ratio (%): 30.76
Credit-Deposit Ratio (%): 75.18
Contingent Liabilities: 33,729
Bills for Collection: 0
Book Value per Share: 335.09

Mar 2019

Equity Capital: 480
: 19,235
: 2,42,041
: 12,138
Other Liabilities & Provisions: 6,474
Total Liabilities: 2,80,388
: 11,702
Balances with Banks & Money at Call: 8,326
: 65,272
: 1,81,262
: 3,964
: 9,862
Total Assets: 2,80,388
CASA Deposits: 70,766
CASA Ratio (%): 29.24
Credit-Deposit Ratio (%): 74.89
Contingent Liabilities: 36,219
Bills for Collection: 0
Book Value per Share: 346.05
CASA Deposits: 70,766
CASA Ratio (%): 29.24
Credit-Deposit Ratio (%): 74.89
Contingent Liabilities: 36,219
Bills for Collection: 0
Book Value per Share: 346.05

Mar 2020

Equity Capital: 609
: 22,159
: 2,60,184
: 20,830
Other Liabilities & Provisions: 6,338
Total Liabilities: 3,10,141
: 5,736
Balances with Banks & Money at Call: 8,200
: 81,871
: 1,97,887
: 3,898
: 12,547
Total Assets: 3,10,141
CASA Deposits: 76,609
CASA Ratio (%): 29.44
Credit-Deposit Ratio (%): 76.06
Contingent Liabilities: 42,602
Bills for Collection: 0
Book Value per Share: 373.97
CASA Deposits: 76,609
CASA Ratio (%): 29.44
Credit-Deposit Ratio (%): 76.06
Contingent Liabilities: 42,602
Bills for Collection: 0
Book Value per Share: 373.97

Mar 2021

Equity Capital: 1,129
: 38,329
: 5,38,030
: 24,763
Other Liabilities & Provisions: 23,262
Total Liabilities: 6,25,535
: 27,545
Balances with Banks & Money at Call: 23,959
: 1,78,292
: 3,62,669
: 7,391
: 25,677
Total Assets: 6,25,535
CASA Deposits: 1,95,250
CASA Ratio (%): 36.29
Credit-Deposit Ratio (%): 67.41
Contingent Liabilities: 2,93,607
Bills for Collection: 0
Book Value per Share: 349.38
CASA Deposits: 1,95,250
CASA Ratio (%): 36.29
Credit-Deposit Ratio (%): 67.41
Contingent Liabilities: 2,93,607
Bills for Collection: 0
Book Value per Share: 349.38

Mar 2022

Equity Capital: 1,245
: 43,706
: 5,93,571
: 17,218
Other Liabilities & Provisions: 18,331
Total Liabilities: 6,74,096
: 58,555
Balances with Banks & Money at Call: 21,414
: 1,76,502
: 3,89,186
: 7,693
: 20,742
Total Assets: 6,74,096
CASA Deposits: 2,11,208
CASA Ratio (%): 35.58
Credit-Deposit Ratio (%): 65.57
Contingent Liabilities: 3,56,020
Bills for Collection: 0
Book Value per Share: 311.06
CASA Deposits: 2,11,208
CASA Ratio (%): 35.58
Credit-Deposit Ratio (%): 65.57
Contingent Liabilities: 3,56,020
Bills for Collection: 0
Book Value per Share: 311.06

Mar 2023

Equity Capital: 1,245
: 48,261
: 6,21,123
: 22,092
Other Liabilities & Provisions: 20,585
Total Liabilities: 7,13,334
: 32,693
Balances with Banks & Money at Call: 17,524
: 1,88,366
: 4,49,294
: 7,470
: 17,976
Total Assets: 7,13,334
CASA Deposits: 2,24,952
CASA Ratio (%): 36.22
Credit-Deposit Ratio (%): 72.34
Contingent Liabilities: 3,81,370
Bills for Collection: 0
Book Value per Share: 348.47
CASA Deposits: 2,24,952
CASA Ratio (%): 36.22
Credit-Deposit Ratio (%): 72.34
Contingent Liabilities: 3,81,370
Bills for Collection: 0
Book Value per Share: 348.47

Mar 2024

Equity Capital: 1,347
: 58,901
: 6,87,953
: 23,143
Other Liabilities & Provisions: 24,335
Total Liabilities: 7,95,709
: 32,703
Balances with Banks & Money at Call: 9,474
: 2,15,242
: 5,14,889
: 7,523
: 15,861
Total Assets: 7,95,709
CASA Deposits: 2,41,494
CASA Ratio (%): 35.10
Credit-Deposit Ratio (%): 74.84
Contingent Liabilities: 3,34,331
Bills for Collection: 15,935
Book Value per Share: 402.93
CASA Deposits: 2,41,494
CASA Ratio (%): 35.10
Credit-Deposit Ratio (%): 74.84
Contingent Liabilities: 3,34,331
Bills for Collection: 15,935
Book Value per Share: 402.93

Mar 2025

Equity Capital: 1,347
: 70,166
: 7,37,098
: 41,552
Other Liabilities & Provisions: 26,843
Total Liabilities: 8,77,039
: 31,948
Balances with Banks & Money at Call: 23,014
: 2,28,421
: 5,71,071
: 8,826
: 13,728
Total Assets: 8,77,039
CASA Deposits: 2,43,223
CASA Ratio (%): 33.00
Credit-Deposit Ratio (%): 77.48
Contingent Liabilities: 2,80,758
Bills for Collection: 14,159
Book Value per Share: 477.46
CASA Deposits: 2,43,223
CASA Ratio (%): 33.00
Credit-Deposit Ratio (%): 77.48
Contingent Liabilities: 2,80,758
Bills for Collection: 14,159
Book Value per Share: 477.46

Mar 2026

Equity Capital: 1,347
: 78,696
: 8,27,654
: 46,807
Other Liabilities & Provisions: 37,015
Total Liabilities: 9,91,553
: 34,055
Balances with Banks & Money at Call: 31,645
: 2,47,682
: 6,54,888
: 8,642
: 14,606
Total Assets: 9,91,553
CASA Deposits: 2,69,098
CASA Ratio (%): 32.51
Credit-Deposit Ratio (%): 79.13
Contingent Liabilities: 2,56,037
Bills for Collection: 10,283
Book Value per Share: 541.78
CASA Deposits: 2,69,098
CASA Ratio (%): 32.51
Credit-Deposit Ratio (%): 79.13
Contingent Liabilities: 2,56,037
Bills for Collection: 10,283
Book Value per Share: 541.78

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-10,814	-3,676	6,270	-8,396	17,231	28,750	-27,894	-8,617	17,396	18,815
Cash from Investing	-179	-214	-249	-247	-545	-305	-314	-618	-348	-428
Cash from Financing	9,041	6,776	1,000	2,552	1,866	18	-1,543	1,195	-4,264	-7,649
	-1,952	2,886	7,021	-6,091	18,552	28,464	-29,751	-8,040	12,784	10,738

Mar 2017

: -10,814
Cash from Investing: -179
Cash from Financing: 9,041
: -1,952

Mar 2018

: -3,676
Cash from Investing: -214
Cash from Financing: 6,776
: 2,886

Mar 2019

: 6,270
Cash from Investing: -249
Cash from Financing: 1,000
: 7,021

Mar 2020

: -8,396
Cash from Investing: -247
Cash from Financing: 2,552
: -6,091

Mar 2021

: 17,231
Cash from Investing: -545
Cash from Financing: 1,866
: 18,552

Mar 2022

: 28,750
Cash from Investing: -305
Cash from Financing: 18
: 28,464

Mar 2023

: -27,894
Cash from Investing: -314
Cash from Financing: -1,543
: -29,751

Mar 2024

: -8,617
Cash from Investing: -618
Cash from Financing: 1,195
: -8,040

Mar 2025

: 17,396
Cash from Investing: -348
Cash from Financing: -4,264
: 12,784

Mar 2026

: 18,815
Cash from Investing: -428
Cash from Financing: -7,649
: 10,738

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	30.25	27.29	7.91	14.15	27.88	33.26	44.74	62.51	83.61	86.89
Book Value (₹)	306.76	335.09	346.05	373.97	349.38	311.06	348.47	402.93	477.46	541.78
Dividend per Share (₹)	6.00	6.00	0.00	0.00	2.00	6.50	8.60	12.00	16.25	18.25
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Net Interest Margin %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.02%	2.95%	2.78%
ROA %	0.67%	0.54%	0.12%	0.26%	0.64%	0.61%	0.77%	1.08%	1.31%	1.31%
ROE %	9.94%	8.19%	1.96%	3.85%	9.69%	10.21%	12.98%	16.65%	18.54%	17.81%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	46.89%	45.77%	47.04%
ASSET QUALITY	-	-	-	-	-	-	-	-	-	-
Gross NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.09%	1.98%
Net NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.15%
Provision Coverage %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	98.10%	98.28%
Slippage Ratio %	—	—	—	—	—	—	—	—	—	—
BALANCE SHEET & LIQUIDITY	-	-	-	-	-	-	-	-	-	-
CASA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	40.77%	38.37%	37.88%
Credit-Deposit Ratio %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.06%	0.06%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GROWTH & VALUATION	-	-	-	-	-	-	-	-	-	-
Net Profit Growth %	97.74%	-10.62%	-74.59%	136.21%	297.81%	32.44%	33.47%	52.50%	35.25%	11.21%
Book Value Growth %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.63%	18.50%	13.47%
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	8.33x	6.49x	9.74x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.29x	1.14x	1.56x
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.30%	3.00%	2.16%

Mar 2017

EPS (₹): 30.25
Book Value (₹): 306.76
Dividend per Share (₹): 6.00
Net Interest Margin %: 0.00%
ROA %: 0.67%
ROE %: 9.94%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 97.74%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2018

EPS (₹): 27.29
Book Value (₹): 335.09
Dividend per Share (₹): 6.00
Net Interest Margin %: 0.00%
ROA %: 0.54%
ROE %: 8.19%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: -10.62%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2019

EPS (₹): 7.91
Book Value (₹): 346.05
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.12%
ROE %: 1.96%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: -74.59%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2020

EPS (₹): 14.15
Book Value (₹): 373.97
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.26%
ROE %: 3.85%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 136.21%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2021

EPS (₹): 27.88
Book Value (₹): 349.38
Dividend per Share (₹): 2.00
Net Interest Margin %: 0.00%
ROA %: 0.64%
ROE %: 9.69%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 297.81%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2022

EPS (₹): 33.26
Book Value (₹): 311.06
Dividend per Share (₹): 6.50
Net Interest Margin %: 0.00%
ROA %: 0.61%
ROE %: 10.21%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 32.44%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2023

EPS (₹): 44.74
Book Value (₹): 348.47
Dividend per Share (₹): 8.60
Net Interest Margin %: 0.00%
ROA %: 0.77%
ROE %: 12.98%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 33.47%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2024

EPS (₹): 62.51
Book Value (₹): 402.93
Dividend per Share (₹): 12.00
Net Interest Margin %: 3.02%
ROA %: 1.08%
ROE %: 16.65%
: 46.89%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 40.77%
Credit-Deposit Ratio %: 0.03%
: 0.00%
Net Profit Growth %: 52.50%
Book Value Growth %: 15.63%
P/E (x): 8.33x
P/B (x): 1.29x
: 2.30%

Mar 2025

EPS (₹): 83.61
Book Value (₹): 477.46
Dividend per Share (₹): 16.25
Net Interest Margin %: 2.95%
ROA %: 1.31%
ROE %: 18.54%
: 45.77%
Gross NPA %: 3.09%
Net NPA %: 0.19%
Provision Coverage %: 98.10%
Slippage Ratio %: —
CASA %: 38.37%
Credit-Deposit Ratio %: 0.06%
: 0.00%
Net Profit Growth %: 35.25%
Book Value Growth %: 18.50%
P/E (x): 6.49x
P/B (x): 1.14x
: 3.00%

Mar 2026

EPS (₹): 86.89
Book Value (₹): 541.78
Dividend per Share (₹): 18.25
Net Interest Margin %: 2.78%
ROA %: 1.31%
ROE %: 17.81%
: 47.04%
Gross NPA %: 1.98%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
Slippage Ratio %: —
CASA %: 37.88%
Credit-Deposit Ratio %: 0.06%
: 0.00%
Net Profit Growth %: 11.21%
Book Value Growth %: 13.47%
P/E (x): 9.74x
P/B (x): 1.56x
: 2.16%

Shareholding Pattern

Numbers in percentages

TRADES

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	73.84	73.84	73.84	73.84	73.84	73.84	73.84	73.84
	4.99	4.78	4.74	4.54	4.68	5.64	5.82	6.08
	17.35	17.64	17.78	18.05	18.62	17.82	17.75	17.03
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	3.82	3.74	3.65	3.56	2.87	2.71	2.59	2.97

Sep 2024

: 73.84
: 4.99
: 17.35
Government: 0.00
: 3.82

Dec 2024

: 73.84
: 4.78
: 17.64
Government: 0.00
: 3.74

Mar 2025

: 73.84
: 4.74
: 17.78
Government: 0.00
: 3.65

Jun 2025

: 73.84
: 4.54
: 18.05
Government: 0.00
: 3.56

Sep 2025

: 73.84
: 4.68
: 18.62
Government: 0.00
: 2.87

Dec 2025

: 73.84
: 5.64
: 17.82
Government: 0.00
: 2.71

Mar 2026

: 73.84
: 5.82
: 17.75
Government: 0.00
: 2.59

Jun 2026

: 73.84
: 6.08
: 17.03
Government: 0.00
: 2.97

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Indian Bank has informed the Exchange about Investors interaction / Meet - Outcome
Investor Presentation
2026-08-19 - Indian Bank has informed the Exchange about Investor Presentation

Annual Reports

Credit Ratings

Credit Rating
2026-03-16 - Indian Bank has informed the Exchange about Credit Rating
Credit Rating
2025-08-14 - Indian Bank has informed the Exchange about Credit Rating

Concalls

Aug 2026
TranscriptPPTREC
Jul 2026
Transcript PPTREC
May 2026
TranscriptPPTREC