Share Price and Basic Stock Data
Last Updated: October 17, 2025, 9:06 pm
| PEG Ratio | -14.43 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Indbank Merchant Banking Services Ltd operates within the finance and investments sector, with a current price of ₹42.7 and a market capitalization of ₹190 Cr. The company has demonstrated fluctuating revenue trends, with quarterly sales rising from ₹3.51 Cr in June 2022 to ₹6.04 Cr in September 2023. The annual sales figures reflect a similar pattern, recording ₹18.24 Cr for FY 2023, and increasing to ₹24.76 Cr for FY 2024. The trailing twelve months (TTM) sales stood at ₹25.76 Cr, indicating a robust growth trajectory. However, the net profit saw a decline from ₹6.96 Cr in FY 2022 to ₹3.50 Cr in FY 2023, before rebounding to ₹8.46 Cr in FY 2025. This volatility highlights the need for consistent revenue generation strategies. The operating profit margin (OPM) of 43.50% is significantly higher than industry averages, suggesting effective cost management. However, the company’s cash conversion cycle, which stood at 81.87 days, indicates potential inefficiencies in managing receivables.
Profitability and Efficiency Metrics
Indbank’s profitability is underscored by its return on equity (ROE) of 9.67% and return on capital employed (ROCE) of 13.4%, both of which are relatively competitive within the finance sector. The OPM has shown stability, with a reported 43.50% for the latest quarter. However, the company’s interest coverage ratio (ICR) of 169.75x signifies minimal reliance on debt, suggesting a solid capacity to meet interest obligations. Despite this, the net profit margin has shown fluctuations, moving from 36.10% in FY 2024 to 19.17% in FY 2023. This decline may raise concerns regarding sustainable profitability. Moreover, the company’s earnings per share (EPS) increased from ₹0.79 in FY 2023 to ₹1.91 in FY 2025, reflecting improved profitability per share. The overall efficiency indicators, including a cash conversion cycle of 81.87 days, suggest room for improvement in operational efficiency.
Balance Sheet Strength and Financial Ratios
Indbank’s balance sheet exhibits a strong liquidity position, highlighted by a current ratio of 4.26x and a quick ratio of 4.26x, indicating a robust ability to cover short-term liabilities. The company reported reserves of ₹47.27 Cr against negligible borrowings of ₹0.01 Cr, reflecting a debt-free status that is advantageous for financial stability. The debt-to-equity ratio is effectively 0.00, underscoring the absence of financial leverage, which can be a significant risk mitigator. However, the total liabilities have increased from ₹97.38 Cr in FY 2023 to ₹118.09 Cr in FY 2025, which may warrant monitoring. The book value per share increased to ₹18.79, indicating positive shareholder equity growth. The price-to-book value ratio stands at 2.28x, suggesting that the stock is trading at a premium relative to its book value. Overall, the financial ratios reflect a strong balance sheet with solid capital management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Indbank indicates a significant promoter holding of 64.84%, suggesting strong insider confidence in the company’s prospects. Institutional investments remain minimal, with foreign institutional investors (FIIs) holding only 0.03% and domestic institutional investors (DIIs) at 0.09%. Public shareholding constitutes 35.04%, with the total number of shareholders reported at 51,236. This distribution indicates a reliance on retail investors, which can lead to volatility in share price movements. The consistency in promoter shareholding over recent quarters reflects stability, but the low institutional interest may raise concerns about broader market confidence. The gradual increase in public shareholders from 43,031 in September 2022 to 51,236 in June 2025 suggests growing retail interest, which could be beneficial for liquidity and market perception.
Outlook, Risks, and Final Insight
If margins sustain at current levels and revenue growth continues, Indbank could potentially strengthen its market positioning within the finance sector. However, risks remain, particularly in maintaining profitability amidst fluctuating sales and net profit figures. The company faces challenges related to operational efficiency, as indicated by its cash conversion cycle. Additionally, the low institutional investment could impact the stock’s volatility. If the company can effectively manage its receivables and enhance operational efficiencies, it may improve its profitability metrics further. Moreover, increasing institutional interest could bolster investor confidence, potentially leading to a more favorable valuation. Monitoring these dynamics will be crucial for Indbank as it navigates the competitive landscape of finance and investments.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Indbank Merchant Banking Services Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Modern Shares & Stockbrokers Ltd | 12.1 Cr. | 41.3 | 67.7/36.4 | 43.2 | 43.5 | 0.00 % | 3.32 % | 1.74 % | 10.0 |
| Monarch Networth Capital Ltd | 2,445 Cr. | 308 | 495/280 | 15.8 | 102 | 0.32 % | 33.3 % | 26.2 % | 10.0 |
| Monotype India Ltd | 37.3 Cr. | 0.53 | 2.42/0.46 | 3.62 | 0.02 | 0.00 % | 286 % | % | 1.00 |
| Multipurpose Trading & Agencies Ltd | 4.49 Cr. | 9.08 | 12.7/8.25 | 10.3 | 0.00 % | 3.68 % | 3.38 % | 10.0 | |
| Munoth Financial Services Ltd | 24.4 Cr. | 47.6 | 72.0/47.6 | 20.6 | 0.00 % | 2.41 % | 3.38 % | 10.0 | |
| Industry Average | 6,763.07 Cr | 1,429.69 | 132.51 | 3,769.18 | 0.31% | 21.70% | 14.20% | 7.28 |
All Competitor Stocks of Indbank Merchant Banking Services Ltd
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.51 | 4.33 | 5.40 | 4.22 | 5.43 | 6.04 | 6.60 | 6.86 | 7.70 | 8.13 | 5.63 | 5.31 | 6.69 |
| Expenses | 6.78 | 2.16 | 3.01 | 3.05 | 3.35 | 2.73 | 3.24 | 3.54 | 3.86 | 3.62 | 3.60 | 3.65 | 3.78 |
| Operating Profit | -3.27 | 2.17 | 2.39 | 1.17 | 2.08 | 3.31 | 3.36 | 3.32 | 3.84 | 4.51 | 2.03 | 1.66 | 2.91 |
| OPM % | -93.16% | 50.12% | 44.26% | 27.73% | 38.31% | 54.80% | 50.91% | 48.40% | 49.87% | 55.47% | 36.06% | 31.26% | 43.50% |
| Other Income | 3.88 | -0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.96 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 |
| Interest | 0.40 | 0.40 | 0.04 | 0.05 | 0.03 | 0.03 | 0.00 | 0.01 | 0.02 | 0.02 | 0.05 | 0.04 | 0.07 |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.09 | 0.12 | 0.11 | 0.11 | 0.10 | 0.06 |
| Profit before tax | 0.12 | 1.67 | 2.27 | 1.04 | 1.97 | 3.20 | 3.27 | 4.18 | 3.71 | 4.38 | 1.89 | 1.52 | 2.78 |
| Tax % | 666.67% | -13.77% | 22.91% | 48.08% | 22.84% | 24.38% | 21.71% | 39.95% | 23.18% | 24.66% | 38.10% | 25.00% | 23.02% |
| Net Profit | -0.69 | 1.90 | 1.75 | 0.54 | 1.52 | 2.42 | 2.56 | 2.50 | 2.85 | 3.30 | 1.17 | 1.14 | 2.14 |
| EPS in Rs | -0.16 | 0.43 | 0.39 | 0.12 | 0.34 | 0.55 | 0.58 | 0.56 | 0.64 | 0.74 | 0.26 | 0.26 | 0.48 |
Last Updated: August 1, 2025, 7:40 pm
Below is a detailed analysis of the quarterly data for Indbank Merchant Banking Services Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 6.69 Cr.. The value appears strong and on an upward trend. It has increased from 5.31 Cr. (Mar 2025) to 6.69 Cr., marking an increase of 1.38 Cr..
- For Expenses, as of Jun 2025, the value is 3.78 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.65 Cr. (Mar 2025) to 3.78 Cr., marking an increase of 0.13 Cr..
- For Operating Profit, as of Jun 2025, the value is 2.91 Cr.. The value appears strong and on an upward trend. It has increased from 1.66 Cr. (Mar 2025) to 2.91 Cr., marking an increase of 1.25 Cr..
- For OPM %, as of Jun 2025, the value is 43.50%. The value appears strong and on an upward trend. It has increased from 31.26% (Mar 2025) to 43.50%, marking an increase of 12.24%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Interest, as of Jun 2025, the value is 0.07 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.04 Cr. (Mar 2025) to 0.07 Cr., marking an increase of 0.03 Cr..
- For Depreciation, as of Jun 2025, the value is 0.06 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.10 Cr. (Mar 2025) to 0.06 Cr., marking a decrease of 0.04 Cr..
- For Profit before tax, as of Jun 2025, the value is 2.78 Cr.. The value appears strong and on an upward trend. It has increased from 1.52 Cr. (Mar 2025) to 2.78 Cr., marking an increase of 1.26 Cr..
- For Tax %, as of Jun 2025, the value is 23.02%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Mar 2025) to 23.02%, marking a decrease of 1.98%.
- For Net Profit, as of Jun 2025, the value is 2.14 Cr.. The value appears strong and on an upward trend. It has increased from 1.14 Cr. (Mar 2025) to 2.14 Cr., marking an increase of 1.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.48. The value appears strong and on an upward trend. It has increased from 0.26 (Mar 2025) to 0.48, marking an increase of 0.22.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:09 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.15 | 10.11 | 9.03 | 10.54 | 13.82 | 10.39 | 11.47 | 14.91 | 20.62 | 18.24 | 24.76 | 26.57 | 23.91 |
| Expenses | 5.39 | 5.85 | 5.77 | 10.13 | 8.65 | 8.95 | 12.48 | 12.87 | 14.17 | 12.74 | 13.80 | 14.61 | 14.66 |
| Operating Profit | 1.76 | 4.26 | 3.26 | 0.41 | 5.17 | 1.44 | -1.01 | 2.04 | 6.45 | 5.50 | 10.96 | 11.96 | 9.25 |
| OPM % | 24.62% | 42.14% | 36.10% | 3.89% | 37.41% | 13.86% | -8.81% | 13.68% | 31.28% | 30.15% | 44.26% | 45.01% | 38.69% |
| Other Income | -0.64 | 2.63 | 0.59 | 6.55 | 0.81 | 2.13 | 5.77 | 4.56 | 3.83 | 1.62 | 2.11 | 0.24 | 0.03 |
| Interest | 0.14 | 0.29 | 0.11 | 0.81 | 1.58 | 1.53 | 1.52 | 1.53 | 1.53 | 0.89 | 0.08 | 0.26 | 0.25 |
| Depreciation | 0.67 | 0.69 | 0.60 | 0.53 | 0.43 | 0.23 | 0.30 | 0.19 | 0.20 | 0.37 | 0.38 | 0.44 | 0.33 |
| Profit before tax | 0.31 | 5.91 | 3.14 | 5.62 | 3.97 | 1.81 | 2.94 | 4.88 | 8.55 | 5.86 | 12.61 | 11.50 | 8.70 |
| Tax % | 3.23% | 15.40% | 12.10% | 5.16% | 44.08% | 2.76% | 28.91% | 17.01% | 18.60% | 40.10% | 28.63% | 26.43% | |
| Net Profit | 0.30 | 4.99 | 2.76 | 5.34 | 2.22 | 1.77 | 2.09 | 4.06 | 6.96 | 3.50 | 9.00 | 8.46 | 6.31 |
| EPS in Rs | 0.07 | 1.12 | 0.62 | 1.20 | 0.50 | 0.40 | 0.47 | 0.91 | 1.57 | 0.79 | 2.03 | 1.91 | 1.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 1563.33% | -44.69% | 93.48% | -58.43% | -20.27% | 18.08% | 94.26% | 71.43% | -49.71% | 157.14% | -6.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -1608.02% | 138.17% | -151.91% | 38.16% | 38.35% | 76.18% | -22.83% | -121.14% | 206.86% | -163.14% |
Indbank Merchant Banking Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | 9% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 32% |
| 3 Years: | 7% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 22% |
| 3 Years: | 14% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 10% |
Last Updated: September 5, 2025, 7:00 am
Balance Sheet
Last Updated: October 10, 2025, 2:14 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 | 44.38 |
| Reserves | -2.68 | 1.91 | 4.67 | 9.98 | 12.13 | 13.86 | 15.83 | 19.90 | 26.75 | 30.13 | 38.99 | 47.27 |
| Borrowings | 0.00 | 0.00 | 0.00 | 1.58 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 2.79 | 0.00 | 0.01 |
| Other Liabilities | 9.60 | 6.20 | 8.66 | 24.39 | 24.47 | 9.30 | 13.94 | 19.91 | 21.33 | 20.08 | 22.97 | 26.43 |
| Total Liabilities | 51.30 | 52.49 | 57.71 | 80.33 | 81.01 | 67.54 | 74.15 | 84.19 | 92.46 | 97.38 | 106.34 | 118.09 |
| Fixed Assets | 5.66 | 5.06 | 4.53 | 4.07 | 3.73 | 3.58 | 3.33 | 3.37 | 3.71 | 3.55 | 3.32 | 3.13 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | 0.00 |
| Investments | 3.40 | 3.47 | 3.04 | 2.10 | 1.24 | 0.45 | 0.19 | 0.80 | 1.30 | 1.37 | 2.44 | 1.83 |
| Other Assets | 42.24 | 43.96 | 50.14 | 74.16 | 76.04 | 63.51 | 70.63 | 80.02 | 87.32 | 92.46 | 100.58 | 113.13 |
| Total Assets | 51.30 | 52.49 | 57.71 | 80.33 | 81.01 | 67.54 | 74.15 | 84.19 | 92.46 | 97.38 | 106.34 | 118.09 |
Below is a detailed analysis of the balance sheet data for Indbank Merchant Banking Services Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 44.38 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 44.38 Cr..
- For Reserves, as of Mar 2025, the value is 47.27 Cr.. The value appears strong and on an upward trend. It has increased from 38.99 Cr. (Mar 2024) to 47.27 Cr., marking an increase of 8.28 Cr..
- For Borrowings, as of Mar 2025, the value is 0.01 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 0.00 Cr. (Mar 2024) to 0.01 Cr., marking an increase of 0.01 Cr..
- For Other Liabilities, as of Mar 2025, the value is 26.43 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 22.97 Cr. (Mar 2024) to 26.43 Cr., marking an increase of 3.46 Cr..
- For Total Liabilities, as of Mar 2025, the value is 118.09 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 106.34 Cr. (Mar 2024) to 118.09 Cr., marking an increase of 11.75 Cr..
- For Fixed Assets, as of Mar 2025, the value is 3.13 Cr.. The value appears to be declining and may need further review. It has decreased from 3.32 Cr. (Mar 2024) to 3.13 Cr., marking a decrease of 0.19 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 1.83 Cr.. The value appears to be declining and may need further review. It has decreased from 2.44 Cr. (Mar 2024) to 1.83 Cr., marking a decrease of 0.61 Cr..
- For Other Assets, as of Mar 2025, the value is 113.13 Cr.. The value appears strong and on an upward trend. It has increased from 100.58 Cr. (Mar 2024) to 113.13 Cr., marking an increase of 12.55 Cr..
- For Total Assets, as of Mar 2025, the value is 118.09 Cr.. The value appears strong and on an upward trend. It has increased from 106.34 Cr. (Mar 2024) to 118.09 Cr., marking an increase of 11.75 Cr..
Notably, the Reserves (47.27 Cr.) exceed the Borrowings (0.01 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 1.76 | 4.26 | 3.26 | -1.17 | 5.14 | 1.44 | -1.01 | 2.04 | 6.45 | 2.71 | 10.96 | 11.95 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 150.59 | 235.03 | 300.33 | 318.60 | 210.50 | 184.43 | 29.28 | 78.58 | 59.65 | 82.45 | 67.52 | 81.87 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 150.59 | 235.03 | 300.33 | 318.60 | 210.50 | 184.43 | 29.28 | 78.58 | 59.65 | 82.45 | 67.52 | 81.87 |
| Working Capital Days | 429.32 | 600.39 | 625.31 | 587.67 | 452.42 | -23.19 | -308.36 | -286.66 | -71.87 | 1.40 | 71.94 | -29.67 |
| ROCE % | 3.35% | 14.00% | 6.80% | 12.36% | 9.87% | 5.68% | 7.51% | 10.27% | 14.89% | 7.02% | 13.41% | 13.44% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 1.91 | 2.03 | 0.79 | 1.57 | 0.91 |
| Diluted EPS (Rs.) | 1.91 | 2.03 | 0.79 | 1.57 | 0.91 |
| Cash EPS (Rs.) | 2.00 | 2.11 | 0.87 | 1.61 | 0.95 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 20.65 | 18.79 | 16.79 | 16.03 | 14.48 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 20.65 | 18.79 | 16.79 | 16.03 | 14.48 |
| Revenue From Operations / Share (Rs.) | 6.03 | 5.62 | 4.12 | 3.97 | 2.71 |
| PBDIT / Share (Rs.) | 2.72 | 2.73 | 1.43 | 2.31 | 1.49 |
| PBIT / Share (Rs.) | 2.62 | 2.64 | 1.35 | 2.27 | 1.44 |
| PBT / Share (Rs.) | 2.59 | 2.63 | 1.15 | 1.93 | 1.10 |
| Net Profit / Share (Rs.) | 1.91 | 2.03 | 0.78 | 1.57 | 0.91 |
| PBDIT Margin (%) | 45.03 | 48.55 | 34.74 | 58.18 | 54.89 |
| PBIT Margin (%) | 43.40 | 47.03 | 32.71 | 57.05 | 53.35 |
| PBT Margin (%) | 42.94 | 46.75 | 27.84 | 48.51 | 40.66 |
| Net Profit Margin (%) | 31.60 | 36.10 | 19.17 | 39.49 | 33.75 |
| Return on Networth / Equity (%) | 9.23 | 10.79 | 4.70 | 9.78 | 6.30 |
| Return on Capital Employeed (%) | 12.36 | 13.69 | 7.96 | 14.14 | 9.96 |
| Return On Assets (%) | 7.16 | 8.46 | 3.59 | 7.35 | 4.81 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 0.23 | 0.24 | 0.19 | 0.19 | 0.15 |
| Current Ratio (X) | 4.12 | 4.26 | 3.99 | 1.67 | 2.27 |
| Quick Ratio (X) | 4.12 | 4.26 | 3.99 | 1.67 | 2.27 |
| Interest Coverage Ratio (X) | 99.01 | 169.75 | 7.14 | 6.81 | 4.33 |
| Interest Coverage Ratio (Post Tax) (X) | 70.49 | 113.74 | 4.94 | 5.62 | 3.66 |
| Enterprise Value (Cr.) | 37.71 | 119.55 | 26.31 | 62.06 | 19.44 |
| EV / Net Operating Revenue (X) | 1.41 | 4.80 | 1.44 | 3.52 | 1.62 |
| EV / EBITDA (X) | 3.13 | 9.88 | 4.15 | 6.05 | 2.95 |
| MarketCap / Net Operating Revenue (X) | 4.65 | 7.64 | 5.11 | 5.45 | 4.70 |
| Price / BV (X) | 1.36 | 2.28 | 1.25 | 1.35 | 0.87 |
| Price / Net Operating Revenue (X) | 4.65 | 7.64 | 5.12 | 5.45 | 4.70 |
| EarningsYield | 0.06 | 0.04 | 0.03 | 0.07 | 0.07 |
After reviewing the key financial ratios for Indbank Merchant Banking Services Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.91. This value is below the healthy minimum of 5. It has decreased from 2.03 (Mar 24) to 1.91, marking a decrease of 0.12.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.91. This value is below the healthy minimum of 5. It has decreased from 2.03 (Mar 24) to 1.91, marking a decrease of 0.12.
- For Cash EPS (Rs.), as of Mar 25, the value is 2.00. This value is below the healthy minimum of 3. It has decreased from 2.11 (Mar 24) to 2.00, marking a decrease of 0.11.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.65. It has increased from 18.79 (Mar 24) to 20.65, marking an increase of 1.86.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 20.65. It has increased from 18.79 (Mar 24) to 20.65, marking an increase of 1.86.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 6.03. It has increased from 5.62 (Mar 24) to 6.03, marking an increase of 0.41.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 2.72. This value is within the healthy range. It has decreased from 2.73 (Mar 24) to 2.72, marking a decrease of 0.01.
- For PBIT / Share (Rs.), as of Mar 25, the value is 2.62. This value is within the healthy range. It has decreased from 2.64 (Mar 24) to 2.62, marking a decrease of 0.02.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.59. This value is within the healthy range. It has decreased from 2.63 (Mar 24) to 2.59, marking a decrease of 0.04.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.91. This value is below the healthy minimum of 2. It has decreased from 2.03 (Mar 24) to 1.91, marking a decrease of 0.12.
- For PBDIT Margin (%), as of Mar 25, the value is 45.03. This value is within the healthy range. It has decreased from 48.55 (Mar 24) to 45.03, marking a decrease of 3.52.
- For PBIT Margin (%), as of Mar 25, the value is 43.40. This value exceeds the healthy maximum of 20. It has decreased from 47.03 (Mar 24) to 43.40, marking a decrease of 3.63.
- For PBT Margin (%), as of Mar 25, the value is 42.94. This value is within the healthy range. It has decreased from 46.75 (Mar 24) to 42.94, marking a decrease of 3.81.
- For Net Profit Margin (%), as of Mar 25, the value is 31.60. This value exceeds the healthy maximum of 10. It has decreased from 36.10 (Mar 24) to 31.60, marking a decrease of 4.50.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.23. This value is below the healthy minimum of 15. It has decreased from 10.79 (Mar 24) to 9.23, marking a decrease of 1.56.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.36. This value is within the healthy range. It has decreased from 13.69 (Mar 24) to 12.36, marking a decrease of 1.33.
- For Return On Assets (%), as of Mar 25, the value is 7.16. This value is within the healthy range. It has decreased from 8.46 (Mar 24) to 7.16, marking a decrease of 1.30.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.23. It has decreased from 0.24 (Mar 24) to 0.23, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 4.12. This value exceeds the healthy maximum of 3. It has decreased from 4.26 (Mar 24) to 4.12, marking a decrease of 0.14.
- For Quick Ratio (X), as of Mar 25, the value is 4.12. This value exceeds the healthy maximum of 2. It has decreased from 4.26 (Mar 24) to 4.12, marking a decrease of 0.14.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 99.01. This value is within the healthy range. It has decreased from 169.75 (Mar 24) to 99.01, marking a decrease of 70.74.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 70.49. This value is within the healthy range. It has decreased from 113.74 (Mar 24) to 70.49, marking a decrease of 43.25.
- For Enterprise Value (Cr.), as of Mar 25, the value is 37.71. It has decreased from 119.55 (Mar 24) to 37.71, marking a decrease of 81.84.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.41. This value is within the healthy range. It has decreased from 4.80 (Mar 24) to 1.41, marking a decrease of 3.39.
- For EV / EBITDA (X), as of Mar 25, the value is 3.13. This value is below the healthy minimum of 5. It has decreased from 9.88 (Mar 24) to 3.13, marking a decrease of 6.75.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.65. This value exceeds the healthy maximum of 3. It has decreased from 7.64 (Mar 24) to 4.65, marking a decrease of 2.99.
- For Price / BV (X), as of Mar 25, the value is 1.36. This value is within the healthy range. It has decreased from 2.28 (Mar 24) to 1.36, marking a decrease of 0.92.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.65. This value exceeds the healthy maximum of 3. It has decreased from 7.64 (Mar 24) to 4.65, marking a decrease of 2.99.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 24) to 0.06, marking an increase of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indbank Merchant Banking Services Ltd:
- Net Profit Margin: 31.6%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.36% (Industry Average ROCE: 21.7%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.23% (Industry Average ROE: 14.2%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 70.49
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 4.12
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 28.7 (Industry average Stock P/E: 132.51)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 31.6%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Finance & Investments | First Floor, Chennai (Madras) Tamil Nadu 600035 | investors@indbankonline.com http://www.indbankonline.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. V Haribabu | WholeTime Director & President |
| Mr. Devinder Kumar Singla | Independent Director |
| Mr. V A Prasanth | Independent Director |
| Mrs. R Padma | Independent Director |
| Mr. Vaijinath Gavarshetty | Independent Director |
| Mr. Ashutosh Choudhury | Nominee Director |
| Mr. Sunil Jain | Nominee Director |
FAQ
What is the intrinsic value of Indbank Merchant Banking Services Ltd?
Indbank Merchant Banking Services Ltd's intrinsic value (as of 19 October 2025) is 48.69 which is 19.34% higher the current market price of 40.80, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 181 Cr. market cap, FY2025-2026 high/low of 53.0/23.5, reserves of ₹47.27 Cr, and liabilities of 118.09 Cr.
What is the Market Cap of Indbank Merchant Banking Services Ltd?
The Market Cap of Indbank Merchant Banking Services Ltd is 181 Cr..
What is the current Stock Price of Indbank Merchant Banking Services Ltd as on 19 October 2025?
The current stock price of Indbank Merchant Banking Services Ltd as on 19 October 2025 is 40.8.
What is the High / Low of Indbank Merchant Banking Services Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Indbank Merchant Banking Services Ltd stocks is 53.0/23.5.
What is the Stock P/E of Indbank Merchant Banking Services Ltd?
The Stock P/E of Indbank Merchant Banking Services Ltd is 28.7.
What is the Book Value of Indbank Merchant Banking Services Ltd?
The Book Value of Indbank Merchant Banking Services Ltd is 21.5.
What is the Dividend Yield of Indbank Merchant Banking Services Ltd?
The Dividend Yield of Indbank Merchant Banking Services Ltd is 0.00 %.
What is the ROCE of Indbank Merchant Banking Services Ltd?
The ROCE of Indbank Merchant Banking Services Ltd is 13.4 %.
What is the ROE of Indbank Merchant Banking Services Ltd?
The ROE of Indbank Merchant Banking Services Ltd is 9.67 %.
What is the Face Value of Indbank Merchant Banking Services Ltd?
The Face Value of Indbank Merchant Banking Services Ltd is 10.0.