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NSE Close — 25 Sep 2026
₹832.0
Change
+2.0 (0.24%)
Open
₹829.85
Prev. Close
₹830.0
Day High
₹835.8
Day Low
₹825.3
Volume Analysis
Traded
1,035,590
Delivered
597,167
Delivery %
57.66%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Promoter holding is falling
Opportunities (2)
- •Strong 3-year EPS growth (24.8%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹847.26 | ₹841.53 | ₹836.76 | ₹831.03 | ₹826.26 | ₹820.53 | ₹815.76 |
| Fibonacci | ₹841.53 | ₹837.52 | ₹835.04 | ₹831.03 | ₹827.02 | ₹824.54 | ₹820.53 |
| Camarilla | ₹834.89 | ₹833.93 | ₹832.96 | ₹831.03 | ₹831.04 | ₹830.08 | ₹829.11 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-0.07%
1 Week
-1.07%
1 Month
-5.71%
3 Months
+1.88%
6 Months
-6.31%
1 Year
+17.79%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,103.62
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
Company Overview
Sector
Financial Services
Market Cap
₹112,064 Cr
P/E (TTM)
8.77
ROE
15.4%
Book Value
₹623.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Indian Bank holds up reasonably well on TopFund's composite fundamentals check within the Financial Services sector, at 70/100. The strongest factor is Growth (100/100), while Momentum (43/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling. Strong 3-year EPS growth (24.8%).
TopFund Score — Fundamentals Quality
70/100 — GoodData confidence: 73/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has delivered good profit growth of 30.0% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 19.9%
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 11.5% over past five years.
- −Contingent liabilities of Rs.2,66,319 Cr.
- −Company might be capitalizing the interest cost
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from 01.10.2026 until 48 hours after Q2 and H1 FY27 results.
Indian Bank paid Rs 362 crore interest on Rs 5,000 crore infrastructure bonds on 15 Sep 2026.
Indian Bank warns of possible strikes on 11 Sept, 28-30 Sept, and continuous strike from 26 Oct 2026.
Indian Bank plans to sell up to 15,00,000 NSE shares, 17.91% of its holding, via OFS in IPO.
Indian Bank held a virtual one-on-one investor meeting with Millennium on 08.09.2026; only public information discussed.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 13,050 | 13,764 | 14,203 | 14,633 | 15,041 | 15,369 | 15,770 | 15,860 | 16,285 | 16,628 | 17,102 | 17,488 | 18,095 |
| Expenses + | 5,161 | 5,150 | 5,158 | 5,378 | 4,994 | 5,144 | 5,102 | 5,097 | 4,880 | 5,108 | 5,492 | 5,811 | 5,946 |
| Financing Profit | 543 | 611 | 661 | 646 | 1,186 | 1,072 | 1,323 | 1,295 | 1,481 | 1,480 | 1,407 | 1,305 | 1,492 |
| Financing Margin % | 4.0% | 4.0% | 5.0% | 4.0% | 8.0% | 7.0% | 8.0% | 8.0% | 9.0% | 9.0% | 8.0% | 7.0% | 8.0% |
| Other Income + | 1,871 | 2,166 | 2,113 | 2,432 | 2,077 | 2,602 | 2,397 | 2,935 | 1,854 | 2,643 | 2,793 | 2,773 | 2,902 |
| Interest | 7,346 | 8,003 | 8,383 | 8,609 | 8,861 | 9,154 | 9,345 | 9,467 | 9,924 | 10,040 | 10,203 | 10,372 | 10,657 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2,415 | 2,777 | 2,774 | 3,078 | 3,263 | 3,674 | 3,721 | 4,230 | 3,335 | 4,123 | 4,199 | 4,078 | 4,394 |
| Tax % | 29.0% | 28.0% | 23.0% | 27.0% | 26.0% | 25.0% | 23.0% | 30.0% | 33.0% | 26.0% | 27.0% | 24.0% | 25.0% |
| Net Profit + | 1,850 | 2,069 | 2,207 | 2,296 | 2,571 | 2,801 | 2,910 | 2,982 | 2,277 | 3,109 | 3,148 | 3,174 | 3,357 |
| EPS in Rs | 15 | 17 | 16 | 17 | 19 | 21 | 22 | 22 | 17 | 23 | 23 | 24 | 25 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net NPA % | 0.7% | 0.6% | 0.53% | 0.43% | 0.39% | 0.27% | 0.21% | 0.19% | 0.18% | 0.16% | 0.15% | 0.15% | 0.15% |
| Gross NPA % | 5.47% | 4.97% | 4.47% | 3.95% | 3.77% | 3.48% | 3.26% | 3.09% | 3.01% | 2.6% | 2.23% | 1.98% | 1.86% |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 15,853 | 16,244 | 16,039 | 17,115 | 19,182 | 21,401 | 39,108 | 38,888 | 44,985 | 55,650 | 62,039 | 67,504 | 69,314 |
| Expenses + | 4,219 | 5,128 | 6,144 | 6,998 | 8,289 | 9,238 | 18,029 | 20,285 | 21,577 | 20,342 | 19,818 | 20,710 | 22,358 |
| Financing Profit | 245 | -679 | -996 | -734 | -1,273 | -1,634 | -2,360 | -3,526 | -1,309 | 2,967 | 5,395 | 6,255 | 5,684 |
| Financing Margin % | 2.0% | -4.0% | -6.0% | -4.0% | -7.0% | -8.0% | -6.0% | -9.0% | -3.0% | 5.0% | 9.0% | 9.0% | 8.0% |
| Other Income + | 1,372 | 1,789 | 2,222 | 2,417 | 1,891 | 3,326 | 6,111 | 7,380 | 7,804 | 8,582 | 10,011 | 10,829 | 11,110 |
| Interest | 11,390 | 11,795 | 10,891 | 10,851 | 12,167 | 13,798 | 23,439 | 22,129 | 24,717 | 32,341 | 36,826 | 40,539 | 41,271 |
| Depreciation | 139 | 151 | 166 | 237 | 259 | 314 | 637 | 601 | 532 | 531 | 543 | 609 | 0 |
| Profit before tax | 1,478 | 958 | 1,060 | 1,445 | 359 | 1,377 | 3,115 | 3,253 | 5,963 | 11,017 | 14,864 | 16,475 | 16,795 |
| Tax % | 31.0% | 25.0% | -33.0% | 13.0% | 11.0% | 45.0% | 3.0% | -23.0% | 11.0% | 26.0% | 26.0% | 26.0% | — |
| Net Profit + | 1,051 | 752 | 1,455 | 1,311 | 381 | 862 | 3,151 | 4,144 | 5,574 | 8,423 | 11,264 | 11,707 | 12,787 |
| EPS in Rs | 22 | 16 | 30 | 27 | 8 | 14 | 28 | 33 | 45 | 63 | 84 | 87 | 95 |
| Dividend Payout % | 19.0% | 10.0% | 20.0% | 0.0% | 0.0% | 0.0% | 7.0% | 20.0% | 19.0% | 19.0% | 19.0% | 21.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 14,549 | 16,010 | 16,954 | 18,235 | 19,235 | 22,159 | 38,329 | 43,706 | 48,261 | 58,901 | 70,166 | 78,696 |
| Other Liabilities + | 6,156 | 5,683 | 5,957 | 6,244 | 6,494 | 6,359 | 23,285 | 18,356 | 20,612 | 24,365 | 26,875 | 37,049 |
| Total Liabilities | 193,036 | 203,941 | 218,507 | 252,981 | 280,388 | 310,141 | 625,535 | 674,096 | 713,334 | 795,709 | 877,039 | 991,553 |
| Fixed Assets + | 2,969 | 3,508 | 3,436 | 3,421 | 3,964 | 3,898 | 7,392 | 7,694 | 7,472 | 7,538 | 8,854 | 8,674 |
| CWIP | 5 | 8 | 11 | 1 | 1 | 1 | 0 | 5 | 9 | 2 | 3 | 3 |
| Investments | 46,060 | 53,283 | 67,781 | 71,619 | 65,272 | 81,871 | 178,292 | 176,502 | 188,366 | 215,242 | 228,421 | 247,682 |
| Other Assets + | 144,001 | 147,143 | 147,280 | 177,940 | 211,152 | 224,371 | 439,850 | 489,896 | 517,487 | 572,927 | 639,760 | 735,194 |
| Total Assets | 193,036 | 203,941 | 218,507 | 252,981 | 280,388 | 310,141 | 625,535 | 674,096 | 713,334 | 795,709 | 877,039 | 991,553 |
| Deposits | 169,204 | 178,259 | 182,480 | 208,262 | 242,041 | 260,184 | 538,030 | 593,571 | 621,123 | 687,953 | 737,098 | 827,654 |
| Borrowing | 2,646 | 3,509 | 12,637 | 19,760 | 12,138 | 20,830 | 24,763 | 17,218 | 22,092 | 23,143 | 41,552 | 46,807 |
| Equity Capital | 480 | 480 | 480 | 480 | 480 | 609 | 1,129 | 1,245 | 1,245 | 1,347 | 1,347 | 1,347 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 5,136 | -931 | -10,814 | -3,676 | 6,270 | -8,396 | 17,065 | 28,750 | -27,894 | -8,617 | 17,396 | 18,815 |
| Cash from Investing Activity + | -236 | -772 | -179 | -214 | -176 | -247 | 21,233 | -305 | -314 | -618 | -348 | -428 |
| Cash from Financing Activity + | -2,312 | 620 | 9,041 | 6,776 | 1,000 | 2,552 | 1,866 | 18 | -1,543 | 1,195 | -4,264 | -7,649 |
| Net Cash Flow | 2,588 | -1,082 | -1,952 | 2,886 | 7,094 | -6,091 | 40,163 | 28,464 | -29,751 | -8,040 | 12,784 | 10,738 |
| CFO/OP | 44 | -8 | -109 | -36 | 58 | -69 | 81 | 155 | -119 | -24 | 41 | 40 |
| Free Cash Flow | 4,899 | -1,702 | -10,993 | -3,890 | 6,021 | -8,644 | 16,520 | 28,446 | -28,208 | -9,235 | 17,048 | 18,387 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 4.05% | 4.44% | 3.93% | 3.9% | 3.82% | 3.75% | 3.65% | 3.56% | 2.86% | 2.71% | 2.58% | 2.98% |
| Promoters | 79.86% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% | 73.84% |
| FII | 4.33% | 5.89% | 5.29% | 5.38% | 4.99% | 4.78% | 4.74% | 4.54% | 4.68% | 5.64% | 5.82% | 6.16% |
| DII | 11.76% | 15.84% | 16.95% | 16.87% | 17.35% | 17.64% | 17.78% | 18.05% | 18.62% | 17.82% | 17.75% | 17.03% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Indian Bank (this stock) | 112,064 | 8.77 | 1.33 | 15.4% |
| Power Fin Corp Ltd. | 111,543 | 4.28 | 0.78 | 20.7% |
| Muthoot Finance Limited | 113,816 | 10.0 | 2.8 | 30.9% |
| Canara Bank | 109,699 | 5.52 | 0.89 | 16.1% |
| Billionbrains Garage Vn L | 114,935 | 47.1 | 11.88 | 28.8% |
| HDFC Life Ins Co Ltd | 115,799 | 58.6 | 5.92 | 11.3% |
| SBI Funds Management Ltd | 108,186 | 34.9 | — | 43.0% |
Which Mutual Funds Hold Indian Bank?
Frequently Asked Questions about Indian Bank
Indian Bank (INDIANB) closed at ₹832.0 on NSE on 25 September 2026, up 2.0 (0.24%) from the previous close.
Indian Bank trades on the NSE (National Stock Exchange of India) under the symbol INDIANB.
Indian Bank has a trailing twelve-month P/E (price-to-earnings) ratio of 8.77.
Indian Bank has a dividend yield of 2.2%.
Indian Bank's 52-week high is ₹1,001.0 and its 52-week low is ₹701.0.
Indian Bank has a market capitalisation of ₹112,064 crore.
Indian Bank has a TopFund Quality Score of 70/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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