Indian Bank

Indian Bank (INDIANB) is a large-cap Financial Services company valued at ₹1.15 lakh crore operating in Public Sector Bank on the NSE and BSE.

Recent price move

Indian Bank last traded at ₹854.1, up 2.29% on the day.

Recent developments

2026-10-01: Indian Bank reported Q2FY27 results showing total business growth of 14.2% YoY to ₹15.96 lakh crore, with advances rising 16.6%. The bank is also exploring ways to absorb UPI MDR costs for merchants acting as acquiring banks. 2026-10-06: The stock reported Q2 growth as advances rose 16.6%. 2026-10-08: The company is among several firms set to announce Q2FY27 results.

Financial performance

The company's annual net profit rose 3.9% to ₹11,707 crore, while the latest quarter net profit surged 47.5% to ₹3,357 crore compared to the same quarter a year earlier. Profit margins remain stable at 17.3%, but return on capital employed is low at 5.8%, suggesting inefficiencies in using capital.

Valuation multiples

The stock trades at 9.8 times earnings, a discount to the Financial Services median of 19.3, 1.51 times book value. It yields 2.1%.

Things to watch

The stock is 17.1% below its 52-week high, and return on capital employed remains low at 5.8%, indicating poor capital efficiency. Domestic institutional holdings fell by 0.26 points in the quarter, suggesting some selling pressure.

Where it stands

Indian Bank's latest quarter net profit rose sharply by 47.5% compared to the same quarter a year earlier, but return on capital employed remains weak at 5.8%. The stock is 17.1% below its 52-week high, and domestic institutional holdings declined in the quarter.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.