Indian Bank

•

₹ 876.90.68%

2026-08-21

indianbank.inBSE: 532814NSE: INDIANB

Market Cap₹ 1,17,590 Cr.

Current Price₹ 877

High / Low₹ 1,001 / 643

Stock P/E0.0

Book Value₹ 557

Price to Book1.60

Dividend Yield2.09 %

ROCE16.5 %

ROE18.2 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Other Retail Banking: 41.6% • Corporate / Wholesale Banking: 32.3% • Treasury: 24.2% • Banking & Other Operations: 1.9% • Digital Banking: 0.0%

PROS

Company has delivered good profit growth of 32.3% CAGR over last 5 years
Strong return ratios for a lender: 3Y avg ROE 18.1%, ROA 1.2%
Comfortable capital adequacy - CAR of 17.9%
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 (60.9% of PBT)
Operating margins have contracted to 29.5% from 34.0%

* 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	1047.35	11.21	966768.73	1.66	24579.04	13.65	136240.49	8.36	12.16	52.34
2.	UNIONBANK	184.50	6.82	140840.02	2.71	5368.17	29.77	27427.10	1.21	14.57	69.42
3.	PNB	117.80	6.13	135386.87	2.55	5339.15	191.40	33589.17	3.12	13.26	75.40
4.	BANKBARODA	244.05	6.95	126207.09	3.48	1572.59	-53.08	35114.52	6.84	11.20	33.10
5.	INDIANB	873.00	9.20	117589.96	2.09	3299.48	48.73	18095.14	11.11	16.28	67.14
6.	CANBK	129.05	5.89	117056.75	3.25	4864.08	61.96	32957.16	4.55	14.46	68.47
7.	BANKINDIA	142.15	5.49	64716.17	3.27	3138.46	77.92	20096.90	8.83	10.97	73.18
8.	IOB	33.15	10.71	63835.60	0.00	1659.24	49.25	8777.57	18.82	11.31	54.56
9.	MAHABANK	80.27	8.19	61740.11	2.74	20205.40	1168.32	80346.50	1039.02	16.53	68.61
10.	UCOBANK	25.81	13.11	32364.60	1.70	652.43	24.09	6744.59	15.10	11.00	54.71
11.	CENTRALBK	31.05	6.16	28104.60	3.86	1328.95	5.43	9725.90	12.79	8.27	67.83
12.	PSB	23.38	0.00	16589.48	1.67	331.51	23.16	3213.37	10.40	9.07	71.38

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	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
	13,049	13,743	14,198	14,624	15,039	15,348	15,759	15,856	16,283	16,590	17,098	17,480	18,090
Interest Expended	7,346	8,003	8,383	8,609	8,861	9,153	9,345	9,467	9,924	10,039	10,202	10,371	10,655
Net Interest Income	5,704	5,740	5,814	6,015	6,178	6,194	6,415	6,389	6,359	6,551	6,896	7,110	7,435
	1,710	1,993	1,902	2,263	1,906	2,422	2,153	2,743	2,439	2,487	2,566	2,500	2,633
Total Income	0	0	0	0	17,118	17,971	18,168	18,794	18,906	19,271	19,895	20,261	20,724
Operating Expenses	3,278	3,430	3,619	3,973	3,582	3,888	3,818	4,114	4,027	4,201	4,438	4,323	4,511
Operating Profit	4,135	4,303	4,097	4,305	4,502	4,729	4,749	5,019	4,770	4,837	5,024	5,286	5,557
Provisions & Contingencies	1,741	1,551	1,349	1,248	1,258	1,099	1,059	795	691	739	857	1,226	1,196
Profit before Tax	2,394	2,752	2,748	3,057	3,243	3,629	3,690	4,224	4,079	4,098	4,167	4,060	4,362
Tax %	28.62%	27.77%	22.87%	26.50%	25.89%	25.43%	22.71%	30.02%	27.12%	26.35%	26.52%	23.57%	24.96%
Net Profit	1,709	1,988	2,119	2,247	2,403	2,706	2,852	2,956	2,973	3,018	3,061	3,103	3,273
EPS	14	16	17	17	18	20	21	22	22	22	23	23	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%	3.41%
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%	39.73%
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%	17.58%
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%	1.31%
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%	3.41%
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%	39.73%
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%	17.58%
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%	1.31%
Branches / ATMs / Employees	—	—	—	—	—	—	—	—	—	—	—	—	—

Jun 2023

: 13,049
Interest Expended: 7,346
Net Interest Income: 5,704
: 1,710
Total Income: 0
Operating Expenses: 3,278
Operating Profit: 4,135
Provisions & Contingencies: 1,741
Profit before Tax: 2,394
Tax %: 28.62%
Net Profit: 1,709
EPS: 14
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

: 13,743
Interest Expended: 8,003
Net Interest Income: 5,740
: 1,993
Total Income: 0
Operating Expenses: 3,430
Operating Profit: 4,303
Provisions & Contingencies: 1,551
Profit before Tax: 2,752
Tax %: 27.77%
Net Profit: 1,988
EPS: 16
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

: 14,198
Interest Expended: 8,383
Net Interest Income: 5,814
: 1,902
Total Income: 0
Operating Expenses: 3,619
Operating Profit: 4,097
Provisions & Contingencies: 1,349
Profit before Tax: 2,748
Tax %: 22.87%
Net Profit: 2,119
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

: 14,624
Interest Expended: 8,609
Net Interest Income: 6,015
: 2,263
Total Income: 0
Operating Expenses: 3,973
Operating Profit: 4,305
Provisions & Contingencies: 1,248
Profit before Tax: 3,057
Tax %: 26.50%
Net Profit: 2,247
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

: 15,039
Interest Expended: 8,861
Net Interest Income: 6,178
: 1,906
Total Income: 17,118
Operating Expenses: 3,582
Operating Profit: 4,502
Provisions & Contingencies: 1,258
Profit before Tax: 3,243
Tax %: 25.89%
Net Profit: 2,403
EPS: 18
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

: 15,348
Interest Expended: 9,153
Net Interest Income: 6,194
: 2,422
Total Income: 17,971
Operating Expenses: 3,888
Operating Profit: 4,729
Provisions & Contingencies: 1,099
Profit before Tax: 3,629
Tax %: 25.43%
Net Profit: 2,706
EPS: 20
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

: 15,759
Interest Expended: 9,345
Net Interest Income: 6,415
: 2,153
Total Income: 18,168
Operating Expenses: 3,818
Operating Profit: 4,749
Provisions & Contingencies: 1,059
Profit before Tax: 3,690
Tax %: 22.71%
Net Profit: 2,852
EPS: 21
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

: 15,856
Interest Expended: 9,467
Net Interest Income: 6,389
: 2,743
Total Income: 18,794
Operating Expenses: 4,114
Operating Profit: 5,019
Provisions & Contingencies: 795
Profit before Tax: 4,224
Tax %: 30.02%
Net Profit: 2,956
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

: 16,283
Interest Expended: 9,924
Net Interest Income: 6,359
: 2,439
Total Income: 18,906
Operating Expenses: 4,027
Operating Profit: 4,770
Provisions & Contingencies: 691
Profit before Tax: 4,079
Tax %: 27.12%
Net Profit: 2,973
EPS: 22
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

: 16,590
Interest Expended: 10,039
Net Interest Income: 6,551
: 2,487
Total Income: 19,271
Operating Expenses: 4,201
Operating Profit: 4,837
Provisions & Contingencies: 739
Profit before Tax: 4,098
Tax %: 26.35%
Net Profit: 3,018
EPS: 22
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

: 17,098
Interest Expended: 10,202
Net Interest Income: 6,896
: 2,566
Total Income: 19,895
Operating Expenses: 4,438
Operating Profit: 5,024
Provisions & Contingencies: 857
Profit before Tax: 4,167
Tax %: 26.52%
Net Profit: 3,061
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

: 17,480
Interest Expended: 10,371
Net Interest Income: 7,110
: 2,500
Total Income: 20,261
Operating Expenses: 4,323
Operating Profit: 5,286
Provisions & Contingencies: 1,226
Profit before Tax: 4,060
Tax %: 23.57%
Net Profit: 3,103
EPS: 23
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

: 18,090
Interest Expended: 10,655
Net Interest Income: 7,435
: 2,633
Total Income: 20,724
Operating Expenses: 4,511
Operating Profit: 5,557
Provisions & Contingencies: 1,196
Profit before Tax: 4,362
Tax %: 24.96%
Net Profit: 3,273
EPS: 2
Gross NPA %: 1.86%
Net NPA %: 0.15%
Provision Coverage %: 98.22%
NIM %: 3.41%
CASA %: 39.73%
Capital Adequacy %: 17.58%
Return on Assets %: 1.31%
Branches / ATMs / Employees: —
Gross NPA %: 1.86%
Net NPA %: 0.15%
Provision Coverage %: 98.22%
NIM %: 3.41%
CASA %: 39.73%
Capital Adequacy %: 17.58%
Return on Assets %: 1.31%
Branches / ATMs / Employees: —

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	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	55,615	62,002	67,451	—
Interest Expended	10,894	10,850	12,167	13,799	23,440	22,128	24,717	32,341	36,826	40,536	41,267
Net Interest Income	-10,894	-10,850	-12,167	-13,799	-23,440	-22,128	-24,717	23,273	25,176	26,915	—
	2,211	2,406	1,883	3,312	5,650	6,915	7,143	7,867	9,223	9,991	10,185
Total Income	0	0	0	0	0	0	0	63,481	71,226	77,441	80,151
	0	0	0	0	0	0	0	14,300	15,402	16,989	—
Operating Profit	-10,894	-10,850	-12,167	-13,799	-23,440	-22,128	-24,717	16,840	18,998	19,916	—
	2,194	3,725	4,599	4,822	7,785	9,522	9,307	5,888	4,211	3,512	—
Profit before Tax	1,758	1,076	284	1,373	2,906	3,204	5,914	10,951	14,787	16,404	16,686
Tax %	0	0	0	0	0	0	0	26	26	26	25
Net Profit	1,406	1,259	322	753	3,005	3,945	5,282	8,063	10,918	12,156	12,456
EPS	29	26	7	14	27	32	42	60	81	90	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—

Mar 2017

: 0
Interest Expended: 10,894
Net Interest Income: -10,894
: 2,211
Total Income: 0
: 0
Operating Profit: -10,894
: 2,194
Profit before Tax: 1,758
Tax %: 0
Net Profit: 1,406
EPS: 29
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2018

: 0
Interest Expended: 10,850
Net Interest Income: -10,850
: 2,406
Total Income: 0
: 0
Operating Profit: -10,850
: 3,725
Profit before Tax: 1,076
Tax %: 0
Net Profit: 1,259
EPS: 26
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2019

: 0
Interest Expended: 12,167
Net Interest Income: -12,167
: 1,883
Total Income: 0
: 0
Operating Profit: -12,167
: 4,599
Profit before Tax: 284
Tax %: 0
Net Profit: 322
EPS: 7
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2020

: 0
Interest Expended: 13,799
Net Interest Income: -13,799
: 3,312
Total Income: 0
: 0
Operating Profit: -13,799
: 4,822
Profit before Tax: 1,373
Tax %: 0
Net Profit: 753
EPS: 14
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2021

: 0
Interest Expended: 23,440
Net Interest Income: -23,440
: 5,650
Total Income: 0
: 0
Operating Profit: -23,440
: 7,785
Profit before Tax: 2,906
Tax %: 0
Net Profit: 3,005
EPS: 27
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2022

: 0
Interest Expended: 22,128
Net Interest Income: -22,128
: 6,915
Total Income: 0
: 0
Operating Profit: -22,128
: 9,522
Profit before Tax: 3,204
Tax %: 0
Net Profit: 3,945
EPS: 32
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2023

: 0
Interest Expended: 24,717
Net Interest Income: -24,717
: 7,143
Total Income: 0
: 0
Operating Profit: -24,717
: 9,307
Profit before Tax: 5,914
Tax %: 0
Net Profit: 5,282
EPS: 42
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2024

: 55,615
Interest Expended: 32,341
Net Interest Income: 23,273
: 7,867
Total Income: 63,481
: 14,300
Operating Profit: 16,840
: 5,888
Profit before Tax: 10,951
Tax %: 26
Net Profit: 8,063
EPS: 60
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2025

: 62,002
Interest Expended: 36,826
Net Interest Income: 25,176
: 9,223
Total Income: 71,226
: 15,402
Operating Profit: 18,998
: 4,211
Profit before Tax: 14,787
Tax %: 26
Net Profit: 10,918
EPS: 81
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2026

: 67,451
Interest Expended: 40,536
Net Interest Income: 26,915
: 9,991
Total Income: 77,441
: 16,989
Operating Profit: 19,916
: 3,512
Profit before Tax: 16,404
Tax %: 26
Net Profit: 12,156
EPS: 90
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

TTM

: —
Interest Expended: 41,267
Net Interest Income: —
: 10,185
Total Income: 80,151
: —
Operating Profit: —
: —
Profit before Tax: 16,686
Tax %: 25
Net Profit: 12,456
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:: 33%
5 Years:: 32%
3 Years:: 32%

STOCK PRICE CAGR

10 Years:: 14%
5 Years:: 48%
3 Years:: 29%
1 Year:: 31%

RETURN ON EQUITY

10 Years:: 12%
5 Years:: 16%
3 Years:: 18%
Last Year:: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	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
	16,682	17,968	18,908	21,480	37,283	42,463	46,727	57,041	67,963	76,944
	1,82,509	2,08,294	2,42,076	2,60,226	5,38,071	5,93,618	6,21,166	6,88,000	7,37,154	8,27,726
	12,637	19,760	12,138	20,830	24,734	17,209	22,073	23,131	41,508	46,692
Other Liabilities & Provisions	5,925	6,213	6,463	6,323	22,209	17,132	19,289	23,100	25,439	35,243
Total Liabilities	2,18,233	2,52,716	2,80,065	3,09,468	6,23,427	6,71,668	7,10,501	79	87	99
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	4,453	2,426	8,319	8,189	23,919	21,361	17,440	9,406	22,920	31,536
	67,552	71,398	64,992	81,242	1,76,537	1,74,559	1,85,988	2,12,554	2,25,303	2,44,666
	1,27,699	1,56,569	1,81,262	1,97,887	3,62,669	3,89,186	4,49,297	5,14,889	5,71,071	6,54,888
	3,432	3,418	3,961	3,895	7,375	7,680	7,455	7,499	8,796	8,613
	9,498	8,403	9,829	12,519	25,380	20,324	17,624	15,551	13,342	14,162
Total Assets	2,18,233	2,52,716	2,80,065	3,09,468	6,23,427	6,71,668	7,10,501	79	87	99
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 (%)	31.41	30.75	29.23	29.44	36.29	35.58	36.21	35.10	32.99	32.51
Credit-Deposit Ratio (%)	69.97	75.17	74.88	76.04	67.40	65.56	72.33	74.84	77.47	79.12
Contingent Liabilities	29,362	33,704	36,194	42,577	2,93,533	3,55,947	3,81,303	3,34,247	2,80,676	2,55,947
Bills for Collection	0	0	0	0	0	0	0	15,935	14,159	10,283
Book Value per Share	301.10	329.53	339.24	313.76	289.16	301.08	336.15	389.12	461.10	528.77
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 (%)	31.41	30.75	29.23	29.44	36.29	35.58	36.21	35.10	32.99	32.51
Credit-Deposit Ratio (%)	69.97	75.17	74.88	76.04	67.40	65.56	72.33	74.84	77.47	79.12
Contingent Liabilities	29,362	33,704	36,194	42,577	2,93,533	3,55,947	3,81,303	3,34,247	2,80,676	2,55,947
Bills for Collection	0	0	0	0	0	0	0	15,935	14,159	10,283
Book Value per Share	301.10	329.53	339.24	313.76	289.16	301.08	336.15	389.12	461.10	528.77

Mar 2017

Equity Capital: 480
: 16,682
: 1,82,509
: 12,637
Other Liabilities & Provisions: 5,925
Total Liabilities: 2,18,233
: 5,589
Balances with Banks & Money at Call: 4,453
: 67,552
: 1,27,699
: 3,432
: 9,498
Total Assets: 2,18,233
CASA Deposits: 57,334
CASA Ratio (%): 31.41
Credit-Deposit Ratio (%): 69.97
Contingent Liabilities: 29,362
Bills for Collection: 0
Book Value per Share: 301.10
CASA Deposits: 57,334
CASA Ratio (%): 31.41
Credit-Deposit Ratio (%): 69.97
Contingent Liabilities: 29,362
Bills for Collection: 0
Book Value per Share: 301.10

Mar 2018

Equity Capital: 480
: 17,968
: 2,08,294
: 19,760
Other Liabilities & Provisions: 6,213
Total Liabilities: 2,52,716
: 10,502
Balances with Banks & Money at Call: 2,426
: 71,398
: 1,56,569
: 3,418
: 8,403
Total Assets: 2,52,716
CASA Deposits: 64,060
CASA Ratio (%): 30.75
Credit-Deposit Ratio (%): 75.17
Contingent Liabilities: 33,704
Bills for Collection: 0
Book Value per Share: 329.53
CASA Deposits: 64,060
CASA Ratio (%): 30.75
Credit-Deposit Ratio (%): 75.17
Contingent Liabilities: 33,704
Bills for Collection: 0
Book Value per Share: 329.53

Mar 2019

Equity Capital: 480
: 18,908
: 2,42,076
: 12,138
Other Liabilities & Provisions: 6,463
Total Liabilities: 2,80,065
: 11,702
Balances with Banks & Money at Call: 8,319
: 64,992
: 1,81,262
: 3,961
: 9,829
Total Assets: 2,80,065
CASA Deposits: 70,766
CASA Ratio (%): 29.23
Credit-Deposit Ratio (%): 74.88
Contingent Liabilities: 36,194
Bills for Collection: 0
Book Value per Share: 339.24
CASA Deposits: 70,766
CASA Ratio (%): 29.23
Credit-Deposit Ratio (%): 74.88
Contingent Liabilities: 36,194
Bills for Collection: 0
Book Value per Share: 339.24

Mar 2020

Equity Capital: 609
: 21,480
: 2,60,226
: 20,830
Other Liabilities & Provisions: 6,323
Total Liabilities: 3,09,468
: 5,736
Balances with Banks & Money at Call: 8,189
: 81,242
: 1,97,887
: 3,895
: 12,519
Total Assets: 3,09,468
CASA Deposits: 76,609
CASA Ratio (%): 29.44
Credit-Deposit Ratio (%): 76.04
Contingent Liabilities: 42,577
Bills for Collection: 0
Book Value per Share: 313.76
CASA Deposits: 76,609
CASA Ratio (%): 29.44
Credit-Deposit Ratio (%): 76.04
Contingent Liabilities: 42,577
Bills for Collection: 0
Book Value per Share: 313.76

Mar 2021

Equity Capital: 1,129
: 37,283
: 5,38,071
: 24,734
Other Liabilities & Provisions: 22,209
Total Liabilities: 6,23,427
: 27,545
Balances with Banks & Money at Call: 23,919
: 1,76,537
: 3,62,669
: 7,375
: 25,380
Total Assets: 6,23,427
CASA Deposits: 1,95,250
CASA Ratio (%): 36.29
Credit-Deposit Ratio (%): 67.40
Contingent Liabilities: 2,93,533
Bills for Collection: 0
Book Value per Share: 289.16
CASA Deposits: 1,95,250
CASA Ratio (%): 36.29
Credit-Deposit Ratio (%): 67.40
Contingent Liabilities: 2,93,533
Bills for Collection: 0
Book Value per Share: 289.16

Mar 2022

Equity Capital: 1,245
: 42,463
: 5,93,618
: 17,209
Other Liabilities & Provisions: 17,132
Total Liabilities: 6,71,668
: 58,555
Balances with Banks & Money at Call: 21,361
: 1,74,559
: 3,89,186
: 7,680
: 20,324
Total Assets: 6,71,668
CASA Deposits: 2,11,208
CASA Ratio (%): 35.58
Credit-Deposit Ratio (%): 65.56
Contingent Liabilities: 3,55,947
Bills for Collection: 0
Book Value per Share: 301.08
CASA Deposits: 2,11,208
CASA Ratio (%): 35.58
Credit-Deposit Ratio (%): 65.56
Contingent Liabilities: 3,55,947
Bills for Collection: 0
Book Value per Share: 301.08

Mar 2023

Equity Capital: 1,245
: 46,727
: 6,21,166
: 22,073
Other Liabilities & Provisions: 19,289
Total Liabilities: 7,10,501
: 32,693
Balances with Banks & Money at Call: 17,440
: 1,85,988
: 4,49,297
: 7,455
: 17,624
Total Assets: 7,10,501
CASA Deposits: 2,24,952
CASA Ratio (%): 36.21
Credit-Deposit Ratio (%): 72.33
Contingent Liabilities: 3,81,303
Bills for Collection: 0
Book Value per Share: 336.15
CASA Deposits: 2,24,952
CASA Ratio (%): 36.21
Credit-Deposit Ratio (%): 72.33
Contingent Liabilities: 3,81,303
Bills for Collection: 0
Book Value per Share: 336.15

Mar 2024

Equity Capital: 1,347
: 57,041
: 6,88,000
: 23,131
Other Liabilities & Provisions: 23,100
Total Liabilities: 79
: 32,703
Balances with Banks & Money at Call: 9,406
: 2,12,554
: 5,14,889
: 7,499
: 15,551
Total Assets: 79
CASA Deposits: 2,41,494
CASA Ratio (%): 35.10
Credit-Deposit Ratio (%): 74.84
Contingent Liabilities: 3,34,247
Bills for Collection: 15,935
Book Value per Share: 389.12
CASA Deposits: 2,41,494
CASA Ratio (%): 35.10
Credit-Deposit Ratio (%): 74.84
Contingent Liabilities: 3,34,247
Bills for Collection: 15,935
Book Value per Share: 389.12

Mar 2025

Equity Capital: 1,347
: 67,963
: 7,37,154
: 41,508
Other Liabilities & Provisions: 25,439
Total Liabilities: 87
: 31,948
Balances with Banks & Money at Call: 22,920
: 2,25,303
: 5,71,071
: 8,796
: 13,342
Total Assets: 87
CASA Deposits: 2,43,223
CASA Ratio (%): 32.99
Credit-Deposit Ratio (%): 77.47
Contingent Liabilities: 2,80,676
Bills for Collection: 14,159
Book Value per Share: 461.10
CASA Deposits: 2,43,223
CASA Ratio (%): 32.99
Credit-Deposit Ratio (%): 77.47
Contingent Liabilities: 2,80,676
Bills for Collection: 14,159
Book Value per Share: 461.10

Mar 2026

Equity Capital: 1,347
: 76,944
: 8,27,726
: 46,692
Other Liabilities & Provisions: 35,243
Total Liabilities: 99
: 34,055
Balances with Banks & Money at Call: 31,536
: 2,44,666
: 6,54,888
: 8,613
: 14,162
Total Assets: 99
CASA Deposits: 2,69,098
CASA Ratio (%): 32.51
Credit-Deposit Ratio (%): 79.12
Contingent Liabilities: 2,55,947
Bills for Collection: 10,283
Book Value per Share: 528.77
CASA Deposits: 2,69,098
CASA Ratio (%): 32.51
Credit-Deposit Ratio (%): 79.12
Contingent Liabilities: 2,55,947
Bills for Collection: 10,283
Book Value per Share: 528.77

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-10,819	-3,676	6,268	-8,401	17,229	28,733	-27,943	-8,613	17,351	18,785
Cash from Investing	-179	-214	-248	-247	-543	-299	-297	-605	-329	-414
Cash from Financing	9,041	6,776	1,000	2,552	1,866	18	-1,543	1,195	-4,264	-7,649
	-1,958	2,886	7,020	-6,096	18,551	28,452	-29,783	-8,023	12,759	10,722

Mar 2017

: -10,819
Cash from Investing: -179
Cash from Financing: 9,041
: -1,958

Mar 2018

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

Mar 2019

: 6,268
Cash from Investing: -248
Cash from Financing: 1,000
: 7,020

Mar 2020

: -8,401
Cash from Investing: -247
Cash from Financing: 2,552
: -6,096

Mar 2021

: 17,229
Cash from Investing: -543
Cash from Financing: 1,866
: 18,551

Mar 2022

: 28,733
Cash from Investing: -299
Cash from Financing: 18
: 28,452

Mar 2023

: -27,943
Cash from Investing: -297
Cash from Financing: -1,543
: -29,783

Mar 2024

: -8,613
Cash from Investing: -605
Cash from Financing: 1,195
: -8,023

Mar 2025

: 17,351
Cash from Investing: -329
Cash from Financing: -4,264
: 12,759

Mar 2026

: 18,785
Cash from Investing: -414
Cash from Financing: -7,649
: 10,722

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	29.27	26.21	6.70	12.37	26.61	31.67	42.41	59.86	81.06	90.24
Book Value (₹)	301.10	329.53	339.24	313.76	289.16	301.08	336.15	389.12	461.10	528.77
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%	2.96%	2.79%
ROA %	0.67%	0.53%	0.12%	0.26%	0.64%	0.61%	0.76%	1.07%	1.31%	1.31%
ROE %	10.06%	8.31%	2.00%	4.26%	11.61%	11.25%	13.31%	17.10%	19.07%	18.23%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	45.92%	44.77%	46.03%
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%	16.44%	17.94%	17.93%
GROWTH & VALUATION	-	-	-	-	-	-	-	-	-	-
Net Profit Growth %	97.60%	-10.44%	-74.43%	134.00%	298.84%	31.29%	33.89%	52.66%	35.41%	11.33%
Book Value Growth %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.76%	18.50%	14.68%
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	8.70x	6.69x	9.37x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.34x	1.18x	1.60x
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.30%	3.00%	2.16%

Mar 2017

EPS (₹): 29.27
Book Value (₹): 301.10
Dividend per Share (₹): 6.00
Net Interest Margin %: 0.00%
ROA %: 0.67%
ROE %: 10.06%
: 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 %: 97.60%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2018

EPS (₹): 26.21
Book Value (₹): 329.53
Dividend per Share (₹): 6.00
Net Interest Margin %: 0.00%
ROA %: 0.53%
ROE %: 8.31%
: 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 %: -10.44%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2019

EPS (₹): 6.70
Book Value (₹): 339.24
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.12%
ROE %: 2.00%
: 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 %: -74.43%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2020

EPS (₹): 12.37
Book Value (₹): 313.76
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.26%
ROE %: 4.26%
: 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 %: 134.00%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2021

EPS (₹): 26.61
Book Value (₹): 289.16
Dividend per Share (₹): 2.00
Net Interest Margin %: 0.00%
ROA %: 0.64%
ROE %: 11.61%
: 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 %: 298.84%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2022

EPS (₹): 31.67
Book Value (₹): 301.08
Dividend per Share (₹): 6.50
Net Interest Margin %: 0.00%
ROA %: 0.61%
ROE %: 11.25%
: 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 %: 31.29%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2023

EPS (₹): 42.41
Book Value (₹): 336.15
Dividend per Share (₹): 8.60
Net Interest Margin %: 0.00%
ROA %: 0.76%
ROE %: 13.31%
: 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 %: 33.89%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2024

EPS (₹): 59.86
Book Value (₹): 389.12
Dividend per Share (₹): 12.00
Net Interest Margin %: 3.02%
ROA %: 1.07%
ROE %: 17.10%
: 45.92%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 40.77%
Credit-Deposit Ratio %: 0.03%
: 16.44%
Net Profit Growth %: 52.66%
Book Value Growth %: 15.76%
P/E (x): 8.70x
P/B (x): 1.34x
: 2.30%

Mar 2025

EPS (₹): 81.06
Book Value (₹): 461.10
Dividend per Share (₹): 16.25
Net Interest Margin %: 2.96%
ROA %: 1.31%
ROE %: 19.07%
: 44.77%
Gross NPA %: 3.09%
Net NPA %: 0.19%
Provision Coverage %: 98.10%
Slippage Ratio %: —
CASA %: 38.37%
Credit-Deposit Ratio %: 0.06%
: 17.94%
Net Profit Growth %: 35.41%
Book Value Growth %: 18.50%
P/E (x): 6.69x
P/B (x): 1.18x
: 3.00%

Mar 2026

EPS (₹): 90.24
Book Value (₹): 528.77
Dividend per Share (₹): 18.25
Net Interest Margin %: 2.79%
ROA %: 1.31%
ROE %: 18.23%
: 46.03%
Gross NPA %: 1.98%
Net NPA %: 0.15%
Provision Coverage %: 98.28%
Slippage Ratio %: —
CASA %: 37.88%
Credit-Deposit Ratio %: 0.06%
: 17.93%
Net Profit Growth %: 11.33%
Book Value Growth %: 14.68%
P/E (x): 9.37x
P/B (x): 1.60x
: 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