IndusInd Bank Limited

IndusInd Bank Limited (INDUSINDBK) is a mid-cap Financial Services company valued at ₹68,097 crore operating in Private Sector Bank on the NSE and BSE.

Recent price move

IndusInd Bank Limited last traded at ₹877, modestly down 0.95% on the day.

Recent developments

On October 6, 2026, shares of IndusInd Bank rose after positive business updates for Q3, with advances and deposits showing healthy growth. On October 5, 2026, the company reported a 72% jump in Q1FY27 profit due to lower provisions, and net advances rose 11.2% to ₹3.62 lakh crore. The same day, the company noted ₹33,000 crore mobilised via FCNR(B) deposits.

Financial performance

The company's business has deteriorated significantly, with annual net profit falling 65.5% to ₹889 crore. However, the latest quarter saw a sharp rise in net profit, up 71.7% to ₹1,037 crore compared to the same quarter a year earlier. The net profit margin remains low at 1.9%, and return on equity is weak at 1.4%, despite a rise in net advances and deposits.

Valuation multiples

The stock trades at 76.8 times earnings, a premium to the Financial Services median of 19.3, 1.19 times book value. It yields 0.1%.

Things to watch

The company's annual net profit has declined sharply, falling 65.5% to ₹889 crore. The net profit margin is low at 1.9%, and return on equity is weak at 1.4%. Promoter shares pledged account for 42.78% of promoter holding, indicating potential liquidity concerns.

Where it stands

IndusInd Bank's latest quarter showed a strong recovery in net profit, up 71.7% to ₹1,037 crore, but annual net profit remains at ₹889 crore, down 65.5% from the previous year. The company's net advances rose 11.2% to ₹3.62 lakh crore, but return on equity remains weak at 1.4%. Promoter shares pledged account for 42.78% of promoter holding, raising concerns about liquidity.

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.