Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:06 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532814 | NSE: INDIANB

Indian Bank: Intrinsic Value & Share Price Analysis

Fair Value

₹821.94Fairly Valued by 7.44%vs CMP ₹888.00

P/E (10.0) × ROE (17.1%) × BV (₹593.00) × DY (1.83%)

₹938.37Fairly Valued by 5.67%vs CMP ₹888.00
MoS: +5.4% (Thin)Confidence: 37/100 (Low)Models: 3 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹992.7027%Under (+11.8%)
Graham NumberEarnings₹1,067.8919%Under (+20.3%)
Earnings PowerEarnings₹521.0313%Over (-41.3%)
DCFCash Flow₹2,097.4113%Under (+136.2%)
Net Asset ValueAssets₹570.829%Over (-35.7%)
EV/EBITDAEnterprise₹40.3111%Over (-95.5%)
Earnings YieldEarnings₹854.709%Fair (-3.8%)
Consensus (7 models)₹938.37100%Fairly Valued
Key Drivers: Wide model spread (₹40–₹2,097) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 20.8%

*Investments are subject to market risks

Investment Snapshot

56
Indian Bank scores 56/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health62/100 · Moderate
ROCE 6.4% WeakROE 17.1% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.90% (6mo) Slight increasePromoter holding at 73.8% Stable
Earnings Quality50/100 · Moderate
Quarterly Momentum58/100 · Moderate
Profit (4Q): +9% YoY Positive
Industry Rank50/100 · Moderate
P/E 10.0 vs industry 8.7 In-lineROCE 6.4% vs industry 6.2% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:06 am

Market Cap 1,19,610 Cr.
Current Price 888
Intrinsic Value₹938.37
High / Low 1,000/518
Stock P/E9.95
Book Value 593
Dividend Yield1.83 %
ROCE6.38 %
ROE17.1 %
Face Value 10.0
PEG Ratio0.48

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Indian Bank

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Indian Bank 1,19,610 Cr. 888 1,000/5189.95 5931.83 %6.38 %17.1 % 10.0
Punjab National Bank 1,19,527 Cr. 104 135/89.46.72 1302.79 %6.32 %15.2 % 2.00
Canara Bank 1,15,469 Cr. 127 163/83.45.72 1293.14 %6.79 %17.8 % 2.00
Bank of Baroda 1,30,334 Cr. 252 326/2126.70 3183.31 %6.29 %15.5 % 2.00
Union Bank of India 1,31,023 Cr. 172 205/1126.92 1722.77 %6.72 %17.0 % 10.0
Industry Average144,637.54 Cr226.678.69183.822.11%6.22%14.34%7.46

All Competitor Stocks of Indian Bank

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue11,83612,25513,05013,76414,20314,63315,04115,36915,77015,86016,28516,62817,102
Interest 6,3356,7367,3468,0038,3838,6098,8619,1549,3459,4679,92410,04010,203
Expenses 5,8606,2025,1615,1505,1585,3784,9945,1445,1025,0974,8805,1085,492
Financing Profit-359-6835436116616461,1861,0721,3231,2951,4811,4801,407
Financing Margin %-3%-6%4%4%5%4%8%7%8%8%9%9%8%
Other Income 1,9262,1611,8712,1662,1132,4322,0772,6022,3972,9351,8542,6432,793
Depreciation 0000000000000
Profit before tax 1,5671,4772,4152,7772,7743,0783,2633,6743,7214,2303,3354,1234,199
Tax % 10%1%29%28%23%27%26%25%23%30%33%26%27%
Net Profit 1,4551,5201,8502,0692,2072,2962,5712,8012,9102,9822,2773,1093,148
EPS in Rs 11.6812.2014.8516.6116.3717.0419.0820.7921.6022.1416.9023.0723.36
Gross NPA %6.53%5.95%5.47%4.97%4.47%3.95%3.77%3.48%3.26%3.09%3.01%2.60%2.23%
Net NPA %1.00%0.90%0.70%0.60%0.53%0.43%0.39%0.27%0.21%0.19%0.18%0.16%0.15%

Last Updated: March 4, 2026, 9:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 12:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue15,24915,85316,24416,03917,11519,18221,40139,10838,88844,98555,65062,03965,875
Interest 10,88711,39011,79510,89110,85112,16713,79823,43922,12924,71732,34136,82639,634
Expenses 4,1584,2195,1286,1446,9988,2899,23818,02920,28521,57720,34219,81820,579
Financing Profit204245-679-996-734-1,273-1,634-2,360-3,526-1,3092,9675,3955,663
Financing Margin %1%2%-4%-6%-4%-7%-8%-6%-9%-3%5%9%9%
Other Income 1,3781,3721,7892,2222,4171,8913,3266,1117,3807,8048,58210,01110,224
Depreciation 1051391511662372593146376015325315430
Profit before tax 1,4761,4789581,0601,4453591,3773,1153,2535,96311,01714,86415,887
Tax % 21%31%25%-33%13%11%45%3%-23%11%26%26%
Net Profit 1,1891,0517521,4551,3113818623,1514,1445,5748,42311,26411,515
EPS in Rs 25.5821.8415.6430.2527.297.9114.1527.8833.2644.7462.5183.6185.47
Dividend Payout % 18%19%10%20%0%0%0%7%20%19%19%19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-11.61%-28.45%93.48%-9.90%-70.94%126.25%265.55%31.51%34.51%51.11%33.73%
Change in YoY Net Profit Growth (%)0.00%-16.84%121.93%-103.38%-61.04%197.18%139.30%-234.03%2.99%16.60%-17.38%

Indian Bank 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:15%
5 Years:24%
3 Years:17%
TTM:10%
Compounded Profit Growth
10 Years:27%
5 Years:67%
3 Years:40%
TTM:26%
Stock Price CAGR
10 Years:18%
5 Years:60%
3 Years:51%
1 Year:21%
Return on Equity
10 Years:11%
5 Years:13%
3 Years:15%
Last Year:17%

Last Updated: September 5, 2025, 7:05 am

Balance Sheet

Last Updated: December 4, 2025, 1:25 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 4654804804804804806091,1291,2451,2451,3471,3471,347
Reserves 13,55914,54916,01016,95418,23519,23522,15938,32943,70648,26158,90170,16675,540
Deposits162,255169,204178,259182,480208,262242,041260,184538,030593,571621,123687,953737,098776,877
Borrowing4,9642,6463,50912,63719,76012,13820,83024,76317,21822,09223,14341,55242,282
Other Liabilities 6,1456,1565,6835,9576,2446,4946,35923,28518,35620,61224,36526,87528,440
Total Liabilities 187,388193,036203,941218,507252,981280,388310,141625,535674,096713,334795,709877,039924,486
Fixed Assets 2,9352,9693,5083,4363,4213,9643,8987,3927,6947,4727,5388,8548,750
CWIP 35811111059230
Investments 46,93546,06053,28367,78171,61965,27281,871178,292176,502188,366215,242228,421238,535
Other Assets 137,515144,001147,143147,280177,940211,152224,371439,850489,896517,487572,927639,760677,201
Total Assets 187,388193,036203,941218,507252,981280,388310,141625,535674,096713,334795,709877,039924,486

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -7255,136-931-10,814-3,6766,270-8,39617,06528,750-27,894-8,61717,396
Cash from Investing Activity + -147-236-772-179-214-176-24721,233-305-314-618-348
Cash from Financing Activity + 1,727-2,3126209,0416,7761,0002,5521,86618-1,5431,195-4,264
Net Cash Flow 8552,588-1,082-1,9522,8867,094-6,09140,16328,464-29,751-8,04012,784
Free Cash Flow -8724,899-1,702-10,993-3,8906,021-8,64416,52028,446-28,208-9,23517,048
CFO/OP -7%44%-8%-109%-36%58%-69%81%155%-119%-24%41%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-158.00-165.00-173.00-176.00-202.00-234.00-251.00-520.00-573.00-600.00-667.00-718.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROE % 9%7%5%9%7%2%4%10%10%12%15%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 79.86%79.86%79.86%73.84%73.84%73.84%73.84%73.84%73.84%73.84%73.84%73.84%
FIIs 4.17%4.00%4.33%5.89%5.29%5.38%4.99%4.78%4.74%4.54%4.68%5.64%
DIIs 11.55%11.57%11.76%15.84%16.95%16.87%17.35%17.64%17.78%18.05%18.62%17.82%
Public 4.43%4.58%4.05%4.44%3.93%3.90%3.82%3.75%3.65%3.56%2.86%2.71%
No. of Shareholders 3,13,4483,14,1863,06,6493,12,7703,08,1653,21,7123,25,4493,19,7053,17,4813,31,9043,16,2073,25,219

Shareholding Pattern Chart

No. of Shareholders

Indian Bank: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid Cap Fund 36,854,482 3.64 3360.02N/AN/AN/A
Kotak Midcap Fund 17,438,497 2.69 1589.8716,988,4972026-01-26 00:42:092.65%
HDFC Small Cap Fund 9,688,128 2.39 883.27N/AN/AN/A
Nippon India Growth Mid Cap Fund 8,000,000 1.75 729.368,131,4512025-12-15 00:49:43-1.62%
Kotak Large & Midcap Fund 6,000,000 1.82 547.02N/AN/AN/A
Axis Midcap Fund 4,792,805 1.41 436.964,861,9202026-02-23 08:17:35-1.42%
HSBC Value Fund 3,418,740 2.14 311.693,099,1212026-02-23 08:17:3510.31%
Edelweiss Mid Cap Fund 3,120,547 2.06 284.53,355,3912026-02-23 08:17:35-7%
Sundaram Mid Cap Fund 2,859,289 2.02 260.683,010,1232026-02-23 08:17:35-5.01%
SBI PSU Fund 2,427,235 3.7 221.29N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.) 83.6166.0344.7433.9927.88
Diluted EPS (Rs.) 83.6166.0344.7433.9927.88
Cash EPS (Rs.) 85.6664.3047.0736.7032.31
Book Value[Excl.RevalReserv]/Share (Rs.) 530.92402.93348.47311.06298.42
Book Value[Incl.RevalReserv]/Share (Rs.) 530.92447.29397.50360.93349.38
Operating Revenue / Share (Rs.)460.59413.15361.20312.03346.28
Net Profit / Share (Rs.) 81.6360.3542.8031.8826.70
Net Profit After MI / Share (Rs.)83.6162.5144.7433.0727.88
Net Profit Margin (%) 17.7214.6011.8410.217.71
Net Profit After MI And SOA Nargin (%)18.1515.1212.3810.598.05
Operating Profit Margin (%)31.2125.4918.9816.5413.57
Return On Assets (%) 1.281.050.780.610.50
Return On Equity / Networth (%)15.7415.5112.8310.639.34
Net Interest Margin (X)2.872.922.842.482.49
Cost To Income (%)45.7746.8845.3247.0348.57
Interest Income / Total Assets (%)7.076.996.305.766.22
Non-Interest Income / Total Assets (%)1.141.071.091.091.04
Operating Profit / Total Assets (%)0.11-0.05-0.34-0.50-0.56
Operating Expenses / Total Assets (%)1.831.871.781.681.71
Interest Expenses / Total Assets (%)4.194.063.463.283.73
Enterprise Value (Rs.Cr.)819741.88748522.66646404.05605824.14549816.59
EV Per Net Sales (X)13.2113.4514.3715.5914.06
Price To Book Value (X)1.021.290.820.490.38
Price To Sales (X)1.181.260.790.490.33
Retention Ratios (%) 80.5680.8080.7780.3492.82
Earnings Yield (X)0.150.120.150.210.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Indian Bank is a Public Limited Listed company incorporated on 05/03/1907 and registered in the State of Tamilnadu, India. Company presently involved in the business activities of Banking Business.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public SectorNo. 66, Rajaji Salai, Chennai (Madras) Tamil Nadu 600001Contact not found
Management
NamePosition Held
Mr. Binod KumarManaging Director & CEO
Mr. Brajesh Kumar SinghExecutive Director
Mr. Shiv Bajrang SinghExecutive Director
Mr. Mahesh Kumar BajajExecutive Director
Mr. Ashutosh ChoudhuryExecutive Director
Mr. Balmukund SahayPart Time Non Official Director
Mr. Vishvesh Kumar GoelPart Time Non Official Director
Mr. Pradeep Kumar MalhotraShareholder Director
Mr. Sanjeev MaheshwariShareholder Director
Dr. Alok PandeGovernment Nominee Director
Mrs. K NikhilaNominee Director

FAQ

What is the intrinsic value of Indian Bank and is it undervalued?

As of 10 April 2026, Indian Bank's intrinsic value is ₹938.37, which is 5.67% higher than the current market price of ₹888.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (17.1 %), book value (₹593), dividend yield (1.83 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Indian Bank?

Indian Bank is trading at ₹888.00 as of 10 April 2026, with a FY2026-2027 high of ₹1,000 and low of ₹518. The stock is currently near its 52-week high. Market cap stands at ₹1,19,610 Cr..

How does Indian Bank's P/E ratio compare to its industry?

Indian Bank has a P/E ratio of 9.95, which is above the industry average of 8.69. The premium over industry average may reflect growth expectations or speculative interest.

Is Indian Bank financially healthy?

Key indicators for Indian Bank: ROCE of 6.38 % is on the lower side compared to the industry average of 6.22%; ROE of 17.1 % shows strong shareholder returns. Dividend yield is 1.83 %.

Is Indian Bank profitable and how is the profit trend?

Indian Bank reported a net profit of ₹11,264 Cr in Mar 2025 on revenue of ₹62,039 Cr. Compared to ₹4,144 Cr in Mar 2022, the net profit shows an improving trend.

Does Indian Bank pay dividends?

Indian Bank has a dividend yield of 1.83 % at the current price of ₹888.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Indian Bank. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports