Indian Bank (IN:INDIANB)
:INDIANB
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Indian Bank
(INDIANB)
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Rating:69Neutral
Price Target:
₹1,068.00
▲(20.11% Upside)
Action:DowngradedDate:02/03/26
The score is primarily supported by solid financial performance (strong ROE and moderate leverage), but it is capped by negative operating/free cash flow trends and some profitability pressure. Valuation is favorable with a low P/E, while technicals are mixed with near-term weakness but a longer-term uptrend.
Positive Factors
Return on Equity
A ROE of 15.75% indicates the bank is effectively generating returns on shareholder capital. Sustained high ROE supports internal capital formation, resilience to credit shocks, and the ability to fund growth or meet regulatory capital needs over the coming months.
Negative Factors
Negative Operating & Free Cash Flow
Persistent negative operating and free cash flows constrain internal funding for loan growth, provisioning, and investments. Over months this can force reliance on wholesale funding or capital injections, increasing funding cost and reducing strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Return on Equity
A ROE of 15.75% indicates the bank is effectively generating returns on shareholder capital. Sustained high ROE supports internal capital formation, resilience to credit shocks, and the ability to fund growth or meet regulatory capital needs over the coming months.
Read all positive factors
Indian Bank (INDIANB) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.22T
Dividend Yield2.07%
Average Volume (3M)54.70K
Price to Earnings (P/E)9.0
Beta (1Y)1.15
Revenue Growth9.74%
EPS Growth12.56%
CountryIN
Employees40,251
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)22.70
Shares Outstanding1,346,964,000
10 Day Avg. Volume66,177
30 Day Avg. Volume54,705
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)1.00
Price to Sales (P/S)0.99
P/FCF Ratio-2.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹950.00Price Target Upside6.84% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)98.12
Revenue Forecast (FY)₹415.68B
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 generates revenue primarily through interest income, which comes from loans and advances provided to customers. The bank charges interest on various loan products, including personal loans, home loans, and business loans, which forms t...
Indian Bank Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 751.37B | 720.49B | 642.34B | 527.89B | 462.65B | 452.20B |
| Gross Profit | 271.29B | 352.23B | 318.93B | 280.72B | 241.36B | 217.81B |
| EBITDA | 115.16B | 115.38B | 86.60B | 58.63B | 45.95B | 36.53B |
| Net Income | 112.76B | 112.61B | 84.19B | 55.72B | 41.42B | 31.49B |
Balance Sheet | ||||||
| Total Assets | 9.24T | 8.77T | 7.96T | 7.13T | 6.74T | 6.28T |
| Cash, Cash Equivalents and Short-Term Investments | 581.86B | 549.61B | 421.77B | 502.17B | 799.68B | 541.00B |
| Total Debt | 422.82B | 415.52B | 231.43B | 220.92B | 172.18B | 303.75B |
| Total Liabilities | 8.48T | 8.05T | 7.35T | 6.64T | 6.29T | 5.89T |
| Stockholders Equity | 768.87B | 715.13B | 602.48B | 495.07B | 449.52B | 394.58B |
Cash Flow | ||||||
| Free Cash Flow | -343.80B | -322.89B | -92.44B | -282.28B | 284.27B | 165.04B |
| Operating Cash Flow | -341.66B | -317.49B | -86.17B | -278.94B | 287.50B | 170.65B |
| Investing Cash Flow | -1.99B | -3.48B | -6.18B | -3.14B | -3.05B | -5.45B |
| Financing Cash Flow | 375.90B | 448.82B | 11.95B | -15.43B | 184.30M | 18.66B |
Indian Bank Technical Analysis
Positive
889.15
Price Trends
903.61
Positive
868.09
Positive
781.54
Positive
Market Momentum
-7.02
Negative
51.92
Neutral
68.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIANB, the sentiment is Positive. The current price of 889.15 is above the 20-day moving average (MA) of 887.34, below the 50-day MA of 903.61, and above the 200-day MA of 781.54, indicating a bullish trend. The MACD of -7.02 indicates Negative momentum. The RSI at 51.92 is Neutral, neither overbought nor oversold. The STOCH value of 68.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
82 Outperform | ₹1.31T | 5.78 | ― | 3.15% | 3.86% | 19.14% | |
81 Outperform | ₹1.33T | 7.03 | ― | 2.86% | 4.40% | -3.84% | |
75 Outperform | ₹1.17T | 6.69 | ― | 2.66% | 8.89% | 19.79% | |
75 Outperform | ₹1.20T | 6.40 | ― | 2.40% | 12.10% | 12.93% | |
69 Neutral | ₹1.22T | 8.96 | ― | 2.07% | 9.74% | 12.56% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
52 Neutral | ₹633.54B | 12.72 | ― | ― | ― | ― |
* Financial Sector Average
IN:INDIANB
Indian Bank
956.65
442.88
86.20%
IN:BANKBARODA
Bank of Baroda
276.00
53.42
24.00%
IN:CANBK
Canara Bank
139.15
53.73
62.90%
IN:IOB
Indian Overseas Bank
34.49
-0.77
-2.18%
IN:PNB
Punjab National Bank
111.15
18.13
19.49%
IN:UNIONBANK
Union Bank of India Limited
185.70
72.78
64.45%
Indian Bank Corporate Events
Indian Bank EGM Clears Key Ordinary Resolution, Confirms Uncontested Shareholder Director
Jan 9, 2026
Indian Bank held its Extraordinary General Meeting (EGM) on 9 January 2026 via video conferencing and other audio-visual means, in line with guidelines from the Ministry of Corporate Affairs, SEBI, and the Government of India, with senior manageme...
Indian Bank to Close Trading Window Ahead of Q3 FY26 Results
Dec 23, 2025
Indian Bank has announced that its trading window for dealings in its listed securities, including shares and bonds, will be closed for directors and designated persons from January 1, 2026, until 48 hours after the declaration of its financial re...
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.