I

Indian Bank

INDIANBNSE
Market snapshot · 2026-08-11 10:47 UTC

875.60

₹-8.55 (-0.97%)

MARKET CAP

₹1.18L Cr

STOCK P/E

9.2x

52W HIGH

₹1,000.90

52W LOW

₹642.60

BOOK VALUE

₹622.91

EPS

₹94.91

ROE

16.17%

SECTOR

Financials

GROSS NPA

1.86%

VOLUME

10.60L

P/B RATIO

1.41x

NET NPA

0.15%

Sector

Financials

Themes

Public BanksPsuPresident of India Portfolio
D
Dividend
E
Earnings
₹969.84₹887.25₹804.66₹722.07₹639.48VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for INDIANB.

16.00 analysts

Price Forecast

Current
₹875.60
High Target
₹1,145
▲ +30.8%
Median Target
₹1,000
▲ +14.2%
Low Target
₹910.00
▲ +3.9%
Now₹875.60High ₹1,145Median ₹1,000Low ₹910.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
16 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹733.55 - ₹1,11880%
6M₹695.21 - ₹1,26180%
12M₹657.16 - ₹1,52580%
Realized vol: +32.9% · Drift: +18.8%

Revenue Forecast

₹ Cr
Jun '26Current₹18,090.0
Sep 2026 ETrend estimate range
High₹19,699.1Base₹18,240.0Low₹16,780.8
Sep '25: ₹16,590.0 · Dec '25: ₹17,098.0 · Mar '26: ₹17,480.0 · Jun '26: ₹18,090.0 · Sep '26: ₹18,240.0 · Dec '26: ₹18,798.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E16,590.017,098.017,480.018,090.018,240.018,798.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹24.30
Sep 2026 ETrend estimate range
High₹26.97Base₹24.08Low₹21.19
Sep '25: ₹22.41 · Dec '25: ₹22.73 · Mar '26: ₹23.04 · Jun '26: ₹24.30 · Sep '26: ₹24.08 · Dec '26: ₹24.43
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E22.4122.7323.0424.3024.0824.43
PastCurrentTrend estimate: Low / Base / High
EPS forecast unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Positive

From 16 analysts

Mean upside+15.7%

Fundamentals

Strong

Fundamentals institutional score is 72 using EVA spread proxy 4.2%; growth durability 66.0.

Valuation

Premium valuation

Valuation institutional score is 23 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 78 using mean target upside 15.7%; dispersion penalty 9.3; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 87 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while valuation and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,013.4 target
Mean Upside+15.7%
Technical Score87%
Fundamental Score72%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 66.7% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.72). Confidence: 72%.

Live forward EPS implies next-12-month EPS of ₹109.72. Applying the stock's normalized valuation corridor produces a fair range of ₹568.35 to ₹893.12, with base value near ₹616.63 (-30.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹109.72

Forward P/E

8.1x

Base Fair Value

₹616.63

Fair Range

₹568.35 - ₹893.12

Upside To Base

-30.3%

Estimate Source

Live forward EPS

Growth Estimate

+47.5%

P/B
Fair

5Y Average

1.37

Current

1.42

Overvalued

1.58

Undervalued

1.17

P/E
Strongly Overvalued

5Y Average

4.79

Current

9.37

Overvalued

8.14

Undervalued

5.18

P/S
Strongly Overvalued

5Y Average

1.75

Current

3.39

Overvalued

2.01

Undervalued

1.48

Peers & Comparison

Sector: Financials · Theme: Public Banks

Public Banks Peers8 peers
Avg P/E: 7.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
UNION BANK OF INDIA
UNIONBANKPublic Banks
40.5%
6.9x
Fair
-13% vs avg
+33.6%
BANK OF BARODA
BANKBARODAPublic Banks
+18.0%27.4%
7.1x
Fair
-10% vs avg
+1.9%
INDIAN OVERSEAS BANK
IOBPublic Banks
+48.1%36.6%
11.6x
Premium
+47% vs avg
-6.4%
BANK OF MAHARASHTRA
MAHABANKPublic Banks
+21.8%53.4%
8.1x
Fair
+3% vs avg
+41.7%
CANARA BANK
CANBKPublic Banks
-12.9%43.1%
6.1x
Undervalued
-23% vs avg
+17.8%
PUNJAB NATIONAL BANK
PNBPublic Banks
+15.2%38.1%
5.9x
Undervalued
-25% vs avg
+6.5%
UCO BANK
UCOBANKPublic Banks
+53.0%21.5%
11.7x
Premium
+48% vs avg
-7.8%
BANK OF INDIA
BANKINDIAPublic Banks
+18.5%35.0%
5.4x
Undervalued
-32% vs avg
+24.2%
WHY THESE PEERS

INDIAN BANK trades at a premium (9.2x vs peer avg 7.9x), implying higher growth or quality expectations from the Public Banks cohort. Peers include UNION BANK OF INDIA, BANK OF BARODA, INDIAN OVERSEAS BANK — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹18.09K CrJun 2026

Latest net profit

₹3.27K CrJun 2026

Free cash flow

₹18.37K CrMar 2026

Net Profit

₹3.27K CrProfit conversion

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr
  • Revenue
  • Net income
  • Net margin %

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
Total incomeInterestOtheradjustmentsProfitbefore taxTax &minorityNet Profit0.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-3.50L Cr0.00 Cr3.50L Cr7.00L Cr10.50L Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue +13,04913,74314,19814,62415,03915,34815,75915,85616,28316,59017,09817,48018,090
Interest7,3468,0038,3838,6098,8619,1539,3459,4679,92410,03910,20210,37110,655
Expenses +5,0194,9814,9685,2214,8404,9874,8774,9094,7184,9405,2955,5495,707
Financing Profit6847598467951,3381,2071,5381,4811,6411,6111,6011,5601,728
Financing Margin %5%6%6%5%9%8%10%9%10%10%9%9%10%
Other Income +1,7101,9931,9022,2631,9062,4222,1532,7432,4392,4872,5662,5002,633
Depreciation0000000000000
Profit before tax2,3942,7522,7483,0573,2433,6293,6904,2244,0794,0984,1674,0604,362
Tax %29%28%23%26%26%25%23%30%27%26%27%24%25%
Net Profit +1,7091,9882,1192,2472,4032,7062,8522,9562,9733,0183,0613,1033,273
EPS in Rs13.7215.9615.7316.6817.8420.0921.1821.9522.0722.4122.7323.0424.30
Gross NPA %5.47%4.97%4.47%3.95%3.77%3.48%3.26%3.09%3.01%2.60%2.23%1.98%1.86%
Net NPA %0.70%0.60%0.53%0.43%0.39%0.27%0.21%0.19%0.18%0.16%0.15%0.15%0.15%
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +73.84%73.84%73.84%73.84%73.84%
FIIs +4.54%4.68%5.64%5.82%6.16%
DIIs +18.05%18.62%17.82%17.75%17.03%
Public +3.56%2.86%2.71%2.58%2.98%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Record Date For Payment Of Yearly Interest On Bank'S Outstanding Long Term Infrastructure Bonds (LTB) Series I (ISIN- INE562A08099) And Series II (ISIN- INE562A08107)

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Interest Rates Updates

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 01, 2026PDFCompany Reports Open