Indian Overseas Bank

Indian Overseas Bank (IOB) is a mid-cap Financial Services company valued at ₹59,657 crore operating in Public Sector Bank on the NSE and BSE.

Recent price move

Indian Overseas Bank last traded at ₹30.75, modestly down 1.79% on the day.

Recent developments

On 2026-09-16, IOB reported Q1FY27 profit up 49% to a record ₹1,659 crore due to a surge in net interest income. On 2026-09-09, the company announced a 43.20% rise in Q4FY26 net profit to ₹1,505 crore. On 2026-08-24, it was noted that the government holds a high stake in the company, with over 87% ownership in several top stocks as of June 30, 2026.

Financial performance

The company's business is improving, with annual net profit rising 62.5% to ₹5,418 crore. The latest quarter saw net profit jump 54.5% to ₹1,716 crore, outpacing the same quarter a year earlier. The net profit margin remains at 17.0%, and return on equity is 14.6%, reflecting steady profitability.

Valuation multiples

The stock trades at 10.9 times earnings, a discount to the Financial Services median of 19.3, 1.58 times book value.

Things to watch

The company's net profit margin is 17.0%, which is stable but not growing. The debt to equity ratio is 1.43, indicating moderate leverage. The stock is 26.8% below its 52-week high, and the company is not paying dividends despite reporting profits.

Where it stands

The company is showing strong profit growth, with net profit rising 62.5% annually and 54.5% in the latest quarter. The stock is 26.8% below its 52-week high, and the company is not paying dividends despite repeated profits. The most significant figure is the latest quarter net profit of ₹1,716 crore.

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.