Is Indian Bank (INDIANB) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indian Bank is a average quality company .

Is Indian Bank (INDIANB) undervalued or overvalued?

The key valuation ratios of Indian Bank's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Indian Bank (INDIANB) share price return in the past 10 years?

Indian Bank share price has appreciated 26.5% annually (CAGR) over the past ten years.

Is Indian Bank (INDIANB) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Indian Bank is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Indian Bank (INDIANB)?

Company share prices are keep on changing according to the market conditions. The current trading price of Indian Bank (INDIANB) on 13-Feb-2026 16:59:59 at 16:59 is 873.40.

What is the market cap of Indian Bank (INDIANB)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Feb-2026 at 16:59, the market cap of Indian Bank stood at Rs. 117643.83.

What is the P/E ratio of Indian Bank?

The latest standalone P/E ratio of Indian Bank as of 13-Feb-2026 is 9.80.

What is the P/B ratio of Indian Bank (INDIANB)?

The latest standalone P/B ratio of Indian Bank (INDIANB) as of 13-Feb-2026 is 1.66.

What is the 52-week high and low of Indian Bank (INDIANB)?

The 52-week high of Indian Bank (INDIANB) is Rs. 923.15 and the 52-week low is Rs. 478.35.

What is the TTM revenue of Indian Bank (INDIANB)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Bank is Rs. 65826.21 (Cr.).

Indian Bank (INDIANB) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Indian Bank (INDIANB)
Brand: Indian Bank

10 Year X-Ray of Indian Bank:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Net Interest Income (₹ Cr.)	4,449	5,148	6,264	7,015	7,604	15,669	16,759	20,268	23,309	25,213	26,241
YoY Gr. Rt. %	-	15.7%	21.7%	12%	8.4%	106.1%	7%	20.9%	15%	8.2%	-
Total Income	18,033	18,262	19,532	21,074	24,727	45,219	46,268	52,790	64,232	72,051	76,866
YoY Gr. Rt. %	-	1.3%	7%	7.9%	17.3%	82.9%	2.3%	14.1%	21.7%	12.2%	-
Adj EPS (₹ )	15.6	30.3	27.3	7.9	14.2	27.9	33.3	44.7	62.5	83.6	85.5
YoY Gr. Rt. %	-	93.4%	-9.8%	-71%	78.9%	97%	19.3%	34.5%	39.7%	33.8%	-
BVPS (₹ )	285.4	306.8	335.1	346.1	374	349.4	311.1	348.5	402.9	477.5	539.9
YoY Gr. Rt. %	-	7.5%	9.2%	3.3%	8.1%	-6.6%	-11%	12%	15.6%	18.5%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0.4	0.7	0.5	0.1	0.3	0.6	0.6	0.8	1.1	1.3	1.3
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	4.2	4.4	3.8	3.8	3.1	3.4	2.3	0.9	0.4	0.2	0.2
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	21.3%	27.1%	14.6%	8.2%
Total Income	16.6%	23.9%	15.9%	12.2%
Adj EPS	20.5%	42.7%	36%	33.8%
BVPS	5.9%	5%	15.4%	18.5%
Share Price	26.5%	48%	44.5%	72.2%

Key Financial Ratios


RATIOS \ YEARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Interest Earned / Total Income	90.08	87.83	87.63	91.02	86.55	86.49	84.05	85.22	86.64	86.11	85.7
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	2.3	2.5	2.6	2.6	2.6	2.6	2.6	3	3	3	2.8
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	5.4	9.9	8.2	2	3.9	9.7	10.2	13	16.7	18.5	16.6
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	31.3	37.1	37	34.7	34.7	42.3	41.8	42	40.8	38.4	-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.80%

Total Income has increased 15.91 CAGR in last 3 years

Net Profit has increased 35.97 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Total income growth is good in last 4 quarters

No data to display

	Standalone	Consolidated
TTM EPS (₹)	89.2	85.5
TTM Sales (₹ Cr.)	65,826	65,875
BVPS (₹.) ⓘ	527.4	539.9
Reserves (₹ Cr.) ⓘ	69,815	71,370
P/BV ⓘ	1.66	1.62
PE ⓘ	9.80	10.22

From the Market
52 Week Low / High (₹)	478.35 / 923.15
All Time Low / High (₹)	41.70 / 923.15
Market Cap (₹ Cr.)	1,17,644
Equity (₹ Cr.)	1,347
Face Value (₹)	10
Industry PE ⓘ	10.6

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Income	18,033	18,262	19,532	21,074	24,727	45,219	46,268	52,790	64,232	72,051
Interest Income	16,244	16,039	17,115	19,182	21,401	39,108	38,888	44,985	55,650	62,039
Other Income ⓘ	1,789	2,222	2,417	1,891	3,326	6,111	7,380	7,805	8,582	10,011
Expenditure	17,319	16,849	18,269	20,753	23,969	42,204	42,274	47,459	56,103	61,056
Interest Expense	11,795	10,891	10,851	12,167	13,798	23,439	22,129	24,717	32,341	36,826
Operating Expenses	3,202	3,363	3,673	4,028	4,433	10,789	11,354	12,725	14,953	16,123
Provisions	2,321	2,594	3,744	4,557	5,738	7,976	8,791	10,017	8,809	8,107
Profit Before Tax	958	1,765	1,080	283	1,377	2,917	3,253	5,963	11,017	14,864
Taxes	244	353	-183	-38	619	-99	-741	633	2,888	3,869
Profit After Tax	715	1,413	1,263	321	758	3,016	3,994	5,330	8,129	10,995
Adjusted EPS (₹)	15.64	30.25	27.29	7.91	14.15	27.88	33.26	44.74	62.51	83.61
Dividend Payout Ratio (%)	10%	20%	22%	0%	0%	7%	20%	19%	19%	19%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Share Capital ⓘ	480	480	480	480	609	1,129	1,245	1,245	1,347	1,347
Total Reserves ⓘ	16,010	16,954	18,235	19,235	22,159	38,329	43,706	48,261	58,901	70,166
Minority Interest	17	19	20	20	21	23	25	26	29	32
Deposits	1,78,259	1,82,480	2,08,262	2,42,041	2,60,184	5,38,030	5,93,571	6,21,123	6,87,953	7,37,098
Borrowings ⓘ	3,509	12,637	19,760	12,138	20,830	24,763	17,218	22,092	23,143	41,552
Other Liabilities	5,666	5,938	6,224	6,474	6,337	23,262	18,331	20,585	24,335	26,843
Total Liabilities ⓘ	2,03,941	2,18,507	2,52,981	2,80,388	3,10,141	6,25,535	6,74,096	7,13,334	7,95,709	8,77,039
Assets
Balance with RBI	9,174	5,589	10,502	11,702	5,736	27,545	58,555	32,693	32,703	31,948
Balance with Banks	2,825	4,459	2,432	8,326	8,200	23,959	21,414	17,524	9,474	23,014
Investments ⓘ	53,283	67,781	71,619	65,272	81,871	1,78,292	1,76,502	1,88,366	2,15,242	2,28,421
Advances	1,29,055	1,27,708	1,56,569	1,81,262	1,97,887	3,62,669	3,89,186	4,49,294	5,14,889	5,71,071
Net Block ⓘ	3,508	3,436	3,421	3,964	3,898	7,391	7,693	7,470	7,523	8,826
Other Assets	6,088	9,525	8,438	9,862	12,547	25,677	20,742	17,976	15,861	13,728
Total Assets ⓘ	2,03,941	2,18,507	2,52,981	2,80,388	3,10,141	6,25,535	6,74,096	7,13,334	7,95,709	8,77,039

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ	-931	-10,814	-3,676	6,270	-8,396	17,231	28,750	-27,894	-8,617	17,396
Cash Flow From Investing Activity ⓘ	-772	-179	-214	-249	-247	-545	-305	-314	-618	-348
Cash Flow From Financing Activity ⓘ	620	9,041	6,776	1,000	2,552	1,866	18	-1,543	1,195	-4,264
Net Cash Flow ⓘ	-1,082	-1,952	2,886	7,021	-6,091	18,552	28,464	-29,751	-8,040	12,784

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Operational & Financial Ratios
EPS (₹)	16	30	27	8	14	28	33	45	63	84
DPS (₹)	2	6	6	0	0	2	7	9	12	16
BVPS (₹)	285	307	335	346	374	349	311	348	403	477
Margin Ratios
Yield on Advances (%)	12.6	12.6	10.9	10.6	10.8	10.8	10.0	10.0	10.8	10.9
Yield on Investments (%)	8.4	7.8	8.1	8.0	7.5	7.5	7.2	6.4	6.7	7.1
Cost of Liabilities (%)	6.5	5.6	4.8	4.8	4.9	4.2	3.6	3.8	4.6	4.7
NIM (%)	2.3	2.5	2.6	2.6	2.6	2.6	2.6	3.0	3.0	3.0
Interest Spread (%)	6.1	7.0	6.2	5.8	5.9	6.6	6.4	6.2	6.3	6.1
Performance Ratios
ROA (%)	0.4	0.7	0.5	0.1	0.3	0.6	0.6	0.8	1.1	1.3
ROE (%)	5.4	9.9	8.2	2.0	3.9	9.7	10.2	13.0	16.7	18.5
ROCE (%)	6.4	8.4	5.1	3.5	5.8	7.7	7.0	11.2	16.6	17.3
Efficiency Ratios
Cost to Income Ratio (%)	51.3	45.6	42.3	45.2	40.6	49.5	47.0	45.3	46.9	45.8
Operating Costs to Assets (%)	1.6	1.5	1.5	1.4	1.4	1.7	1.7	1.8	1.9	1.8
Valuation Parameters
Price/Book(x)	0.4	0.9	0.9	0.8	0.1	0.3	0.5	0.8	1.3	1.1

About Indian Bank

Indian Bank was established as a part of Swadeshi movement on August 15, 1907. It provides a wide spectrum of banking products and services. It is pioneer in introducing Self Help Groups and Financial Inclusion Project in the country.

The year 2019-20 was eventful for Indian Bank as the Bank was identified as the Anchor Bank in consolidation of PSBs. The Government on August 30, 2019 announced the Amalgamation of Allahabad Bank- a bank with 155 years legacy into Indian Bank.

Post amalgamation, Indian Bank enjoys the benefits of doubled balance sheet size, optimized capital utilization and wider geographic reach leading to deeper penetration. The Bank has access to larger talent pool, better products and opportunities to cross sell / upsell. It also leverages upon the increased operational and process efficiencies.

Business area of the bank

The bank provides a wide spectrum of banking products and services. The services offered by the bank include personal banking - under this the bank offers fixed deposits, saving accounts, recurring accounts, saving accounts for kids and senior citizens, internet banking, ATM facility, debit/credit cards, home loans, personal loans. The bank offers banking products and services to NRI clients such as saving accounts, remittance facilities, forex advisory services, home loans, etc.

Products and services

Loan products
Deposit products
Digital Products
Point of Sale (PoS)
Merchant UPI QR Code
BHIM Aadhaar Pay
Online Collection Products
Featured Products / Services / Schemes
National Pension System (NPS)

Awards & Accolades

FY 2017-18

Named the Best Brand by ‘the Economic Times Best BFSI Brands 2018’
Financial Express/EY Best Bank 2016-17 - Nationalised Banks
ASSOCHAM Social Banking Excellence Awards 2017 Winner Best Social Bank category and Runner up Priority sector lending

FY 2018-19

Best performing PSB under APY 2017-18 - PFRDA
Best Performance - Financial Literacy - 2018-19 - NABARD
Best Bank in SHG Bank linkage Programme' for 2017-18 from Govt of Tamil Nadu. Bank has bagged this award for consecutive years.
National Award for Best Performance in SHG Bank Linkages 2017-18 Public Sector Banks (Small Category) by National Rural Livelihoods Mission, Ministry of Rural Development, Government of India.
Best Financial Inclusion Initiatives - Runner up - Indian BanksAssociation (IBA).
ASSOCHAM - Social Banking Excellence Award 2018 - Winner in Agricultural Banking, Priority Sector Lending, Technology & Overall Best Social Bank.
Best Public Sector Bank Banking Excellence Award 2018 - By State Forum of Banker's Clubs Kerala.

FY 2019-20

Technology Senate’ award from Indian Express Group for the product ‘VCollect Plus’ for enabling collection through Cash / Cheque at any branch or NEFT / RTGS through any Bank
MeitY Award for Digital Payments under Mid-Size Bank category for the highest digital transactions.

FY 2020-21

First among PSBs for Excellence in performance under “SHG Bank Linkage Programme in Tamil Nadu” for FY 2019-20 from NABARD.
Bank has been bagging the Best Bank award for 11 consecutive years in “SHG Bank linkage Programme” from Govt. of Tamil Nadu.
Performance of Bank in SHG lending in the State of West Bengal for FY 2019-20 was recognized by West Bengal State Rural Livelihood Mission.

FY 2021-22

In APY, Bank bagged 2nd position in PFRDA in terms of annual APY performance with 96 Average Accounts Per Branch (AAPB) and awarded “Annual APY Award for Excellence” for FY 2021-22 having achieved 137% of target.
Bank ranked No.1 and was awarded “Par Excellence” for Amazing Achievers of APY 2.0 campaign of PFRDA for FY 2021-22. Amongst all PSB branches, the first three positions in the Industry was won by Bank branches i.e. Gola Gokarn Nath, Baberu and Mankapur.

FY 2022-23

Bank emerged as the winner in BFSI Award 2023 in Best Brand category for spurring growth amidst global slowdown by the Economic Times.
Bank received the “Golden Peacock National Training Award-2023’’ for excellence in training practices from Hon’ble Minister of UAE at Dubai.
Bank bagged “CGTMSE Achievement Award FY23” for best efforts in information dissemination.

FY 2023-24

It was recognized as the Fastest Growing Public Sector Bank by Dalal Street Investment Journal (DSIJ) in the 2023 Banking awards.
The Bank received the BFSI Award for Use of Emerging Technology in Banking Industry for Project 'PARADISE,' acknowledging its adoption of Cloud Computing for AiX Environment.
At the IBA 19th Annual Banking Technology Conference, Expo & Citations, the Bank was acknowledged with a 'Best Technology Bank -Special Mention' award.
Marksmen Daily named it the Most Preferred Workplace in the BSFI sector for FY24.
Among all PSBs, the Bank topped the campaign for MD & CEOs and EDs, earning the Exemplary Award of Par Excellence APY Leadership Pinnacle.

FY 2024-25

The Bank received prestigious SKOCH Award for “Project WAVE”, - Indian Bank's digital transformation journey and for “SMA Collection Proclivity Predictor”- a model built to predict the probability of default for Special Mention Accounts (SMA) and reduce risks by outlining a targeted collection journey.
At Tamil Nadu Leadership Awards 2024, the Bank received CEO of the Year Award and Best Public Sector Bank Award.
At the EASE 6.0 Reforms Index awards, the Bank was awarded as the second-best improver in the Top Improver category and it secured the third position in the People & HR Operations category.
The Bank was recognized at ASSOCHAM's 11th MSME Excellence Award & Conference in New Delhi, receiving accolades for Excellent Customer Service for MSMEs and being named the Best Technology Enabler of the Year for MSMEs.
Indian Bank was honoured during the ET Now Best BFSI Brands 2025 Conclave.
The Bank has received The Economic Times CIO Award for Enterprise IT Excellence 2025 for its exceptional achievement in implementing cutting-edge technology for a future-proof digital infrastructure.
The Bank won the 5th edition of Most Trusted Brands in India 2025-26 by Marksmen Daily.

Milestones

1907: Bank was incorporated on March 5, 1907 with an Authorized Capital of Rs 20 lakhs and commenced its business on August 15, 1907.
1907: In the year 1907, the Indian Bank Ltd. had the tree 'Banyan' as a part of its emblem denoting an all-around progress, growth (far and wide) and an ever increasing prosperity.
1921: Bank's capital was raised to Rs 60 lakhs from Rs 20 lakhs.
1932: Bank celebrated its Silver Jubilee
1932: Bank opened its first overseas operations in Colombo
1941: Singapore branch was opened
1952: Bank's deposits crossed Rs 20 crore at the end of 1952.
1957: Bank celebrated its Golden Jubilee
1967: Bank celebrated its Diamond Jubilee
1970: Bank's Head Office housed in a rental building, moved into the new building.
1978: Indian Bank's logo was approved in July 1978 comprising of three circling arrows arranged around a central point.
1980: Bank's deposit crossed Rs 1000 crore.
1982: Bank celebrated its Platinum Jubilee
1983: Bank crossed its Rs 1000 crore mark in credit.
1985: Global Deposit crossed the Rs 3000 crore mark.
1986: Global credit crossed Rs 2000 crore.
1989: The era of technology initiated with the installation of Mainframe at the Head Office.
1989: Indian Bank was the first Public Sector Bank to install ATM.
1990: Bank of Thanjavur Ltd. (BoT) with 157 branches was amalgamated with the Bank.
1993: The first total branch computerization project was inaugurated.
1999: Bank's domestic deposits crossed the Rs 15000 crore mark during the year.
1999: Government of India infused a sum of Rs 100 crore during March 1999 as additional capital.
2002: Bank turned around by earning a net profit of Rs 33.22 crore during the year after a gap of 6 years.
2002: Bank posted an operating profit of Rs 307.15 crore, with an increase of nearly 399%.
2006: The centenary year celebration of the Bank was inaugurated by His Excellency the President of India Shri.AP JAbdul Kalam on 4 September.
2007: Bank went in for Initial Public Offer in February, 2007.
2008: Bank's business crossed the Rs 1 lakh crore mark in March 2008.
2008: Achieved 100 per cent Core Banking Solutions (CBS) compliant.
2011: Jaffna branch was opened on January 21, 2011.
2012: Inauguration of new Hi-Tech Corporate Office, at Royapettah which is considered a landmark in Chennai.
2012: Bank crossed the Rs 2 lakh crore mark in business.
2013: Bank crossed the 2000 mark in branch network.
2013: First Corporate Office building among PSBs in India to get the ISO 9001:2008 Certification
2015: Bank's business crossed milestone of Rs 3 lakh crore in June 2015.
2018: Bank was the only PSB which had not received capital from Govt of India.
2019: Bank's business crossed Rs 4.5 lakh crore in December 2019.
2019: Government of India announced Amalgamation of Allahabad Bank - a bank with 155 years legacy into Indian Bank.
2020: Indian Bank launches emergency credit facilities for agriculture sector
2021: Indian Bank entered into an Memorandum of Understanding (MOU) with Society for Innovation and Development (SID), an initiative of Indian Institute of Science, for extending exclusive credit facility to Start-ups and MSMEs.
2022: Bank’s Global Business surpassed Rs 10 lakh crore.
2023: Bank’s Global Business was at Rs 10.95 lakh crore.
2024: Bank’s Global Business surpassed Rs 12 lakh crore.
2025: Bank’s Global Business stood at Rs 13.25 lakh crore.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
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Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Indian Bank (INDIANB) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Indian Bank Share Price

DeciZen - make an informed investing decision on Indian Bank Share

Overall Rating ⓘ

1. Quality

2. Valuation

3. Price Trend

Indian Bank stock performance -

Is Indian Bank an attractive stock to invest in?

1. Is Indian Bank a good quality company?

2. Is Indian Bank undervalued or overvalued?

3. Is Indian Bank a good buy now?

10 Year X-Ray of Indian Bank: Share

Analysis of Financial Track Record

CAGR ⓘ

Key Financial Ratios

Recent Performance Summary

Latest Financials - Indian Bank

Management X-Ray of Indian Bank: Share

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of Indian Bank - Consolidated Basis Share

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update Share

Analyst's Notes Share

Key Ratios of Indian Bank Share

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

Balance Sheet

Equity and Liabilities

Assets

Cash Flow

Finance Ratio Share

Operational & Financial Ratios

Margin Ratios

Performance Ratios

Efficiency Ratios

Valuation Parameters

Indian Bank Stock News Share

Indian Bank FAQs

About Indian Bank Share

DeciZen - make an informed investing decision on Indian Bank

10 Year X-Ray of Indian Bank:

Management X-Ray of Indian Bank:

Valuation of Indian Bank - Consolidated Basis

Event Update

Analyst's Notes

Key Ratios of Indian Bank

Finance Ratio

Indian Bank Stock News

About Indian Bank