Indian Bank (IN:INDIANB)
:INDIANB
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Indian Bank
(INDIANB)
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Rating:62Neutral
Price Target:
₹904.00
▲(1.67% Upside)
Action:Reiterated
Date:05/01/26
The score is driven by solid fundamental performance (strong earnings trajectory and improving balance-sheet metrics through 2025) and supportive valuation (low P/E), offset by weak technical momentum (below key moving averages with negative MACD) and heightened uncertainty from volatile cash-flow trends.
Positive Factors
Sustained Revenue Growth
Steady multi-year revenue expansion (2021–2026) indicates durable growth in lending, deposits and fee income. A larger revenue base improves the bank’s capacity to absorb credit shocks, supports reinvestment into distribution/digital channels, and underpins long-term earnings stability.
Negative Factors
Operating Cash-Flow Volatility
Material swings in operating and free cash flow across years weaken predictability for liquidity, dividend policy and capital planning. Episodic negative cash conversion can force reliance on external funding or slower loan growth, constraining durable financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Steady multi-year revenue expansion (2021–2026) indicates durable growth in lending, deposits and fee income. A larger revenue base improves the bank’s capacity to absorb credit shocks, supports reinvestment into distribution/digital channels, and underpins long-term earnings stability.
Read all positive factors
Indian Bank (INDIANB) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.10T
Dividend Yield2.07%
Average Volume (3M)54.70K
Price to Earnings (P/E)9.0
Beta (1Y)1.18
Revenue Growth8.72%
EPS Growth3.94%
CountryIN
Employees40,251
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)83.71
Shares Outstanding1,346,964,000
10 Day Avg. Volume66,177
30 Day Avg. Volume54,705
Financial Highlights & Ratios
PEG Ratio2.48
Price to Book (P/B)1.42
Price to Sales (P/S)1.48
P/FCF Ratio3.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)95.97
Revenue Forecast (FY)₹406.93B
Indian Bank Business Overview & Revenue Model
Company Description
Indian Bank provides various banking products and services. The company offers deposit products, including savings bank and current accounts, term deposits, and non resident Indian (NRI) accounts. It also provides agriculture, group, personal/indi...
How the Company Makes Money
Indian Bank primarily makes money through interest-based income and fee/other income typical of a universal commercial bank.
1) Net interest income (core earnings): The largest revenue driver is generally the spread between interest earned on ass...
Indian Bank Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
74
Positive
Cash Flow
53
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 751.37B | 768.00B | 720.49B | 642.34B | 527.89B | 462.65B |
| Gross Profit | 271.29B | 344.28B | 352.23B | 318.93B | 280.72B | 241.36B |
| EBITDA | 115.16B | 163.44B | 115.38B | 86.60B | 58.63B | 45.95B |
| Net Income | 112.76B | 117.04B | 112.61B | 84.19B | 55.72B | 41.42B |
Balance Sheet | ||||||
| Total Assets | 9.24T | 9.92T | 8.77T | 7.96T | 7.13T | 6.74T |
| Cash, Cash Equivalents and Short-Term Investments | 581.86B | 657.00B | 549.61B | 421.77B | 502.17B | 799.68B |
| Total Debt | 422.82B | 468.07B | 415.52B | 231.43B | 220.92B | 172.18B |
| Total Liabilities | 8.48T | 9.11T | 8.05T | 7.35T | 6.64T | 6.29T |
| Stockholders Equity | 768.87B | 800.43B | 715.13B | 602.48B | 495.07B | 449.52B |
Cash Flow | ||||||
| Free Cash Flow | -343.80B | 332.63B | -322.89B | -92.44B | -282.28B | 284.27B |
| Operating Cash Flow | -341.66B | 337.17B | -317.49B | -86.17B | -278.94B | 287.50B |
| Investing Cash Flow | -1.99B | -1.06T | -3.48B | -6.18B | -3.14B | -3.05B |
| Financing Cash Flow | 375.90B | 833.67B | 448.82B | 11.95B | -15.43B | 184.30M |
Indian Bank Technical Analysis
Negative
889.15
Price Trends
883.98
Negative
881.78
Negative
818.65
Positive
Market Momentum
-24.22
Positive
39.32
Neutral
22.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIANB, the sentiment is Negative. The current price of 889.15 is above the 20-day moving average (MA) of 850.94, above the 50-day MA of 883.98, and above the 200-day MA of 818.65, indicating a neutral trend. The MACD of -24.22 indicates Positive momentum. The RSI at 39.32 is Neutral, neither overbought nor oversold. The STOCH value of 22.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDIANB.
Indian Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹1.36T | 6.45 | ― | 2.86% | 2.58% | -4.19% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ₹633.73B | 6.05 | ― | 2.87% | 6.51% | 7.93% | |
66 Neutral | ₹1.22T | 5.69 | ― | 3.15% | -0.57% | 7.81% | |
65 Neutral | ₹1.17T | 6.28 | ― | 2.40% | 6.41% | -2.63% | |
62 Neutral | ₹1.10T | 8.97 | ― | 2.07% | 8.72% | 3.94% | |
60 Neutral | ₹1.16T | 5.68 | ― | 2.66% | 0.28% | 12.34% |
* Financial Sector Average
IN:INDIANB
Indian Bank
825.95
246.37
42.51%
IN:BANKBARODA
Bank of Baroda
265.00
30.05
12.79%
IN:BANKINDIA
Bank of India
140.10
27.15
24.04%
IN:CANBK
Canara Bank
128.35
24.82
23.97%
IN:PNB
Punjab National Bank
102.60
5.03
5.16%
IN:UNIONBANK
Union Bank of India Limited
160.85
25.05
18.45%
Indian Bank Corporate Events
Indian Bank Gets Government Nod to Extend Executive Director’s Tenure
Apr 25, 2026
Indian Bank has announced that the tenure of its Executive Director, Shri Ashutosh Choudhury, has been extended by the Central Government for an additional three years beyond his current term ending on 2 May 2026, or until further orders. The bank...
Indian Bank Opens Special Window for Transfer and Demat of Physical Shares
Mar 9, 2026
Indian Bank has notified stock exchanges that it has issued a newspaper notice to inform shareholders about the opening of a special window for the transfer and dematerialization of physical securities. The announcement, carried in leading English...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.