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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Indian Overseas Bank

About the Company -Indian Overseas Bank

Indian Overseas Bank is a Public Limited Listed company incorporated on 10/02/1937 and registered in the State of Tamilnadu, India. Company presently involved in the business activities of Banking Business.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public Sector763, Anna Salai, Chennai (Madras) Tamil Nadu 600002investor@iobnet.co.in
http://www.iob.in
Management
NamePosition Held
Mr. Srinivasan SridharNon Executive Chairman
Mr. Ajay Kumar SrivastavaManaging Director & CEO
Mr. Suresh Kumar RungtaPart Time Non Official Director
Mr. B Chandra ReddyPart Time Non Official Director
Mr. Deepak SharmaPart Time Non Official Director
Mr. Joydeep Dutta RoyExecutive Director
Mr. T DhanarajExecutive Director
Mr. Sanjaya RastogiShareholder Director
Mr. Kartikeya MisraGovernment Nominee Director
Mrs. Sonali Sen GuptaNominee Director

Basic Stock Data of Indian Overseas Bank

Last Updated: June 20, 2024, 10:43 pm

Market Cap 1,26,533 Cr.
Current Price 66.9
High / Low83.8/23.6
Stock P/E47.7
Book Value 14.8
Dividend Yield0.00 %
ROCE5.41 %
ROE9.98 %
Face Value 10.0
PEG Ratio0.96

Indian Overseas Bank Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Revenue4,2444,0574,0634,2544,1984,2154,4354,7185,0565,1925,4245,8216,176
Interest2,7222,6542,5672,6222,6262,6052,6812,7642,7842,9163,1023,4753,778
Expenses2,8473,0762,2552,0862,2302,5141,9512,5822,6622,8202,6182,8272,581
Financing Profit-1,325-1,673-758-453-657-904-197-629-390-544-296-481-183
Financing Margin %-31%-41%-19%-11%-16%-21%-4%-13%-8%-10%-5%-8%-3%
Other Income1,5432,0161,0928361,1201,5045931,1359501,4308031,1141,262
Depreciation0000000000000
Profit before tax2183443343834626003965065608865076331,079
Tax %2%-2%2%2%2%8%1%1%1%27%1%1%33%
Net Profit213350327376454552392501555650500625723
EPS in Rs0.130.210.170.200.240.290.210.270.290.340.260.330.38
Gross NPA %12.19%11.69%11.48%10.66%10.40%9.82%9.12%8.53%8.19%7.44%7.13%4.74%3.90%
Net NPA %3.13%3.58%3.15%2.77%2.63%2.65%2.43%2.56%2.43%1.83%1.44%0.68%0.62%

Last Updated: June 11, 2024, 2:50 am

Indian Overseas Bank Quarterly Chart

Indian Overseas Bank Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue17,88920,67722,68423,93823,51719,71917,91517,63117,40616,96616,73019,40022,613
Interest12,87315,42517,10718,55418,13514,52912,44812,35212,10311,06710,41911,14513,271
Expenses5,2886,3516,7627,26211,44311,72817,57315,14216,70610,3609,2639,75610,846
Financing Profit-272-1,099-1,185-1,878-6,060-6,539-12,106-9,863-11,404-4,461-2,952-1,501-1,504
Financing Margin %-2%-5%-5%-8%-26%-33%-68%-56%-66%-26%-18%-8%-7%
Other Income1,6811,9732,1692,1392,5283,3733,7464,2063,3605,5594,9034,1094,609
Depreciation1111271411491962152723043012581722600
Profit before tax1,298747843111-3,728-3,381-8,632-5,961-8,3448401,7792,3483,105
Tax %19%24%29%508%22%-1%27%37%-2%1%4%11%
Net Profit1,050567602-454-2,897-3,417-6,299-3,738-8,5278311,7102,0992,498
EPS in Rs13.186.144.87-3.68-16.03-13.92-12.88-4.09-5.190.510.901.111.31
Dividend Payout %34%33%25%0%0%0%0%0%0%0%0%0%

Indian Overseas Bank Profit & Loss Yearly Chart

Indian Overseas Bank Growth

Compounded Sales Growth
10 Years:1%
5 Years:6%
3 Years:12%
TTM:24%
Compounded Profit Growth
10 Years:16%
5 Years:22%
3 Years:47%
TTM:27%
Stock Price CAGR
10 Years:-1%
5 Years:43%
3 Years:51%
1 Year:178%
Return on Equity
10 Years:-10%
5 Years:-1%
3 Years:9%
Last Year:10%

Last Updated: June 15, 2024, 4:39 pm

Indian Overseas Bank Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital7979241,2351,2351,8072,4554,8919,14216,43716,43718,90218,902
Reserves11,13112,53314,93514,40613,85911,2908,3837,218-2825084,0986,361
Borrowings202,048225,458252,482264,281251,698227,440226,060228,680228,372243,960265,230281,687
Other Liabilities5,6615,7406,2475,7157,0735,9838,6344,96816,20013,10611,1476,796
Total Liabilities219,637244,656274,899285,637274,437247,167247,968250,008260,727274,010299,377313,746
Fixed Assets1,7291,8372,5672,4623,2183,0022,8383,3213,1242,9183,3653,710
CWIP15103745525356163100
Investments55,56661,41770,23779,29879,19071,65468,64666,93279,41695,49498,17994,170
Other Assets162,327181,392202,057203,832191,977172,459176,429179,739178,183175,597197,833215,865
Total Assets219,637244,656274,899285,637274,437247,167247,968250,008260,727274,010299,377313,746

Indian Overseas Bank Reserves and Borrowings Chart

Indian Overseas Bank Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3,693-6073,2785,941-3,091-505-1,999-786-14,0234,9495,566-15,619
Cash from Investing Activity -225-401-227-164-254-135-110-647-85-46-48-559
Cash from Financing Activity 77566991136921,6175,4305,7807,2771,81347913
Net Cash Flow4,242-1,0033,7505,890-2,6529773,3224,347-6,8316,7165,997-16,166

Indian Overseas Bank Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %10%4%4%-3%-19%-23%-47%-26%-52%5%9%9%

Indian Overseas Bank Financial Efficiency Indicators Chart

Indian Overseas Bank Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters95.84%95.84%96.38%96.38%96.38%96.38%96.38%96.38%96.38%96.38%96.38%96.38%
FIIs0.08%0.07%0.05%0.08%0.07%0.08%0.07%0.08%0.10%0.14%0.09%0.15%
DIIs1.65%1.59%1.37%1.30%1.31%1.31%1.33%1.34%1.36%1.35%1.33%1.33%
Public2.43%2.50%2.20%2.24%2.24%2.23%2.21%2.19%2.16%2.11%2.20%2.13%
No. of Shareholders3,07,7223,78,5864,23,6544,44,0684,71,8724,73,8974,74,9394,71,3565,11,6425,09,5995,10,3876,68,177

Indian Overseas Bank Shareholding Pattern Chart

No. of Indian Overseas Bank Shareholders

Indian Overseas Bank Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India ETF Nifty PSU Bank BeES6,234,8211.6424.5211,6932024-06-202845.22%
Kotak Nifty PSU Bank ETF4,381,5151.6417.22211,6932024-06-201969.75%
Nippon India Nifty Smallcap 250 Index Fund456,9870.251.8211,6932024-06-20115.87%
Motilal Oswal Nifty Smallcap 250 Index Fund286,9160.251.13211,6932024-06-2035.53%
Axis Nifty Smallcap 50 Index Fund211,6930.770.83211,6932024-06-200%
SBI Nifty Smallcap 250 Index Fund210,5680.250.83211,6932024-06-20-0.53%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund199,7330.780.79211,6932024-06-20-5.65%
DSP Nifty PSU Bank ETF52,2441.640.21211,6932024-06-20-75.32%
Kotak Nifty Smallcap 50 Index41,4080.780.16211,6932024-06-20-80.44%
Motilal Oswal Nifty 500 Index Fund31,3570.020.12211,6932024-06-20-85.19%

Indian Overseas Bank ROCE Trend

Indian Overseas Bank EPS Trend

Indian Overseas Bank Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21
Face Value10.0010.0010.0010.00
Basic EPS (Rs.)1.411.150.920.51
Diluted EPS (Rs.)1.411.150.920.51
Cash EPS (Rs.)1.411.250.980.61
Book Value[Excl.RevalReserv]/Share (Rs.)14.5813.1612.1510.27
Book Value[Incl.RevalReserv]/Share (Rs.)14.5813.1612.1510.27
Operating Revenue / Share (Rs.)12.7310.278.7610.20
Net Profit / Share (Rs.)1.411.110.890.45
Net Profit After MI / Share (Rs.)1.411.110.890.45
Net Profit Margin (%)11.0710.8410.214.46
Net Profit After MI And SOA Nargin (%)11.0710.8410.214.46
Operating Profit Margin (%)-12.46-10.36-19.09-27.84
Return On Assets (%)0.750.670.570.27
Return On Equity / Networth (%)9.678.457.354.43
Net Interest Margin (X)2.792.632.102.15
Cost To Income (%)43.1843.6743.9547.34
Interest Income / Total Assets (%)6.836.195.586.19
Non-Interest Income / Total Assets (%)1.611.311.632.00
Operating Profit / Total Assets (%)-0.85-0.64-1.06-1.72
Operating Expenses / Total Assets (%)2.482.051.822.03
Interest Expenses / Total Assets (%)4.043.553.474.03
Enterprise Value (Rs.Cr.)412979.77307252.12283355.20258470.02
EV Per Net Sales (X)17.1615.8316.9315.23
Price To Book Value (X)4.111.711.501.56
Price To Sales (X)4.712.202.081.57
Retention Ratios (%)100.00100.00100.00100.00
Earnings Yield (X)0.020.040.040.02

Indian Overseas Bank Profitability Ratios (%)

Indian Overseas Bank Liquidity Ratios

Indian Overseas Bank Liquidity Ratios (%)

Indian Overseas Bank Interest Coverage Ratios (%)

Indian Overseas Bank Valuation Ratios

Fair Value

Fair Value: 71.86

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 7.42% compared to the current price 66.9

Intrinsic Value: 107.53

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 60.73% compared to the current price ₹66.9

Last 5 Year EPS CAGR: 49.63%

*Investments are subject to market risks

Strength and Weakness of Indian Overseas Bank Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Indian Overseas Bank?

The latest fair value of Indian Overseas Bank is ₹71.86.

What is the Market Cap of Indian Overseas Bank?

The Market Cap of Indian Overseas Bank is 1,26,533 Cr..

What is the current Stock Price of Indian Overseas Bank as on 21 June 2024?

The current stock price of Indian Overseas Bank as on 21 June 2024 is ₹66.9.

What is the High / Low of Indian Overseas Bank stocks in FY 2024?

In FY 2024, the High / Low of Indian Overseas Bank stocks is 83.8/23.6.

What is the Stock P/E of Indian Overseas Bank?

The Stock P/E of Indian Overseas Bank is 47.7.

What is the Book Value of Indian Overseas Bank?

The Book Value of Indian Overseas Bank is 14.8.

What is the Dividend Yield of Indian Overseas Bank?

The Dividend Yield of Indian Overseas Bank is 0.00 %.

What is the ROCE of Indian Overseas Bank?

The ROCE of Indian Overseas Bank is 5.41 %.

What is the ROE of Indian Overseas Bank?

The ROE of Indian Overseas Bank is 9.98 %.

What is the Face Value of Indian Overseas Bank?

The Face Value of Indian Overseas Bank is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Overseas 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