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1. Is Indian Bank a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indian Bank is a below average quality company.
2. Is Indian Bank 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.
3. Is Indian Bank a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Indian Bank is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Net Interest Income (₹ Cr.)||4,362||4,464||4,449||5,148||6,264||7,015||7,604||15,669||16,759||20,268||21,426|
|YoY Gr. Rt. %||-||2.3%||-0.3%||15.7%||21.7%||12%||8.4%||106.1%||7%||20.9%||-|
|YoY Gr. Rt. %||-||3.6%||4.7%||1.3%||7%||7.9%||17.3%||82.9%||2.3%||14.1%||-|
|Adj EPS (₹ )||25||21.8||15.6||30.3||27.3||7.9||14.2||27.9||33.3||44.7||49.1|
|YoY Gr. Rt. %||-||-12.7%||-28.4%||93.4%||-9.8%||-71%||78.9%||97%||19.3%||34.5%||-|
|BVPS (₹ )||251.4||265.5||285.4||306.8||335.1||346.1||374||349.4||311.1||348.5||362.3|
|YoY Gr. Rt. %||-||5.6%||7.5%||7.5%||9.2%||3.3%||8.1%||-6.6%||-11%||12%||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||0.7||0.5||0.4||0.7||0.5||0.1||0.3||0.6||0.6||0.8||0|
|To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||2.3||2.5||4.2||4.4||3.8||3.8||3.1||3.4||2.3||2.3||0.7|
|To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||-||-||-||-||-||-||-||-||-||-||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||18.6%||26.5%||38.7%||20.9%|
Key Financial Ratios
|RATIOS \ YEARS||Mar'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||Mar'22||Mar'23||TTM|
|Interest Earned / Total Income||91.71||92.03||90.08||87.83||87.63||91.02||86.55||86.49||84.05||85.22||85.8|
|Margins||To view Margins Colour Rating Guide click here ⓘ|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||10.4||8.3||5.4||9.9||8.2||2||3.6||9.7||10.2||13||13.5|
|Liquidity Ratio||To view Liquidity Ratio Colour Rating Guide click here ⓘ|
Return on Equity has increased versus last 3 years average to 13.80%
Total Income has increased 28.76 CAGR in last 3 years
Net Profit has increased 46.77 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
|TTM EPS (₹)||46.4||49.1|
|TTM Sales (₹ Cr.)||47,838||47,869|
|BVPS (₹.) ⓘ||349.9||362.3|
|Reserves (₹ Cr.) ⓘ||42,329||43,879|
|From the Market|
|52 Week Low / High (₹)||187.80 / 446.15|
|All Time Low / High (₹)||41.70 / 446.15|
|Market Cap (₹ Cr.)||52,757|
|Equity (₹ Cr.)||1,245.4|
|Face Value (₹)||10|
|Industry PE ⓘ||9.9|
Indian Bank was established as a part of Swadeshi movement on 15 August 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
It has entered into a strategic tie-up with HDFC Standard Life Insurance Company Ltd., the first in the private sector to receive the Certificate of Registration for foray into Life Insurance business for distribution of latter’s insurance products. A Memorandum of understanding has been signed by the Bank with the Insurance Company on February 8, 2001 to this effect.
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 30 August 2019 announced the Amalgamation of Allahabad Bank- a bank with 155 years legacy into Indian Bank. Customers of both the banks will now have a banking experience that is “Twice as Good'.
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 would also leverage 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 includes 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. NRI services- The bank offers banking products and services to NRI clients such as saving accounts, remittance facilities, forex advisory services, home loans, etc. It also provide cash management services (CMS), eletronic funds transfer schemes as well as provides seven-day banking at few of their branches
Awards & Accolades