Indian Overseas Bank (IN:IOB)
:IOB
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Indian Overseas Bank
(IOB)
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Rating:52Neutral
Price Target:
₹32.00
▼(-14.09% Downside)
Action:N/ADate:01/04/26
The score is driven mainly by mixed financial quality: strong recent growth and steady ROE are offset by persistently weak cash generation and rising leverage. Technical signals are mixed with negative MACD and the price below longer-term averages, while valuation is neutral at a mid-range P/E.
Positive Factors
Strong recent revenue and earnings rebound
A ~48% revenue jump and a meaningful rise in FY2025 net income indicate the bank can grow core lending and fee businesses. Durable top-line expansion improves capacity to absorb credit costs and fund investments, supporting earnings stability over the medium term.
Negative Factors
Severely negative operating cash flow
Persistent, large negative operating and free cash flows signal that reported profits are not translating into cash. That raises reliance on external funding, weakens liquidity buffers, and constrains reinvestment or dividend capacity over the medium term without corrective measures.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong recent revenue and earnings rebound
A ~48% revenue jump and a meaningful rise in FY2025 net income indicate the bank can grow core lending and fee businesses. Durable top-line expansion improves capacity to absorb credit costs and fund investments, supporting earnings stability over the medium term.
Read all positive factors
Indian Overseas Bank (IOB) vs. iShares MSCI India ETF (INDA)
Market Cap
₹619.29B
Dividend YieldN/A
Average Volume (3M)808.91K
Price to Earnings (P/E)12.7
Beta (1Y)1.48
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees21,148
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.74
Shares Outstanding19,256,590,000
10 Day Avg. Volume831,734
30 Day Avg. Volume808,907
Financial Highlights & Ratios
PEG Ratio0.78
Price to Book (P/B)2.22
Price to Sales (P/S)2.12
P/FCF Ratio-3.03
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)N/A
Revenue Forecast (FY)N/A
Indian Overseas Bank Business Overview & Revenue Model
Company Description
Indian Overseas Bank provides various banking products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposit...
How the Company Makes Money
IOB primarily makes money through interest-based income and fee-based income generated from banking services.
1) Net interest income (core revenue): The bank earns interest on loans and advances to customers (retail, MSME, agriculture/priority se...
Indian Overseas Bank Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
58
Neutral
Cash Flow
31
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 357.55B | 337.49B | 121.53B | 235.22B | 216.40B | 224.60B |
| Gross Profit | 130.65B | 165.04B | 121.53B | 123.76B | 112.20B | 113.90B |
| EBITDA | 49.01B | 37.90B | 0.00 | 23.64B | 18.82B | 10.16B |
| Net Income | 44.04B | 33.96B | 26.66B | 21.04B | 17.09B | 7.58B |
Balance Sheet | ||||||
| Total Assets | 4.32T | 3.95T | 3.52T | 3.13T | 2.99T | 2.74T |
| Cash, Cash Equivalents and Short-Term Investments | 235.12B | 212.20B | 188.15B | 208.21B | 369.51B | 309.82B |
| Total Debt | 464.33B | 402.82B | 233.87B | 208.04B | 30.71B | 36.72B |
| Total Liabilities | 3.98T | 3.62T | 3.24T | 2.89T | 2.76T | 2.57T |
| Stockholders Equity | 342.31B | 322.33B | 275.61B | 248.76B | 225.98B | 170.99B |
Cash Flow | ||||||
| Free Cash Flow | -248.21B | -235.81B | -14.84B | -161.66B | 54.83B | 48.84B |
| Operating Cash Flow | -243.43B | -229.78B | -11.19B | -155.84B | 55.39B | 49.51B |
| Investing Cash Flow | -4.66B | -5.79B | -3.59B | -5.60B | -492.94M | -479.42M |
| Financing Cash Flow | 271.01B | 259.61B | -5.28B | 127.49M | 223.40B | 18.13B |
Indian Overseas Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ₹1.34T | 5.78 | ― | 3.15% | 3.86% | 19.14% | |
75 Outperform | ₹1.21T | 6.40 | ― | 2.40% | 12.10% | 12.93% | |
74 Outperform | ₹659.91B | 5.82 | ― | 2.87% | 14.34% | 20.97% | |
70 Outperform | ₹636.41B | 9.68 | ― | 2.69% | ― | ― | |
69 Neutral | ₹1.17T | 8.96 | ― | 2.07% | 9.74% | 12.56% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
52 Neutral | ₹619.29B | 12.72 | ― | ― | ― | ― |
* Financial Sector Average
IN:IOB
Indian Overseas Bank
32.16
-5.56
-14.74%
IN:BANKINDIA
Bank of India
144.95
38.51
36.18%
IN:GICRE
General Insurance Corporation of India
362.75
-40.72
-10.09%
IN:INDIANB
Indian Bank
871.30
353.58
68.30%
IN:PNB
Punjab National Bank
105.10
11.58
12.38%
IN:UNIONBANK
Union Bank of India Limited
175.75
55.13
45.71%
Indian Overseas Bank Corporate Events
Indian Overseas Bank Plans Non-Deal Roadshows With Institutional Investors
Mar 10, 2026
Indian Overseas Bank has announced that it will participate in a series of non-deal roadshows and institutional investor meetings starting from 13 March 2026, conducting one-to-one, in-person interactions with institutional investors. The bank emp...
Indian Overseas Bank Appoints New RBI Nominee Director to Its Board
Mar 3, 2026
Indian Overseas Bank has announced a change in its board composition following a central government notification under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The Reserve Bank of India has nominated retired Prin...
Indian Overseas Bank Faces Rs 766 Crore Tax Demand, Plans Appeal
Mar 3, 2026
Indian Overseas Bank has disclosed that it received a demand notice under Section 156 of the Income Tax Act, 1961 from the income tax authorities in Chennai, relating to the assessment year 2015-16. The notice follows an order giving effect to an ...
Indian Overseas Bank appoints Raghuram Mallela as Company Secretary and Compliance Officer
Feb 27, 2026
Indian Overseas Bank announced that its board has approved the appointment of Mr. Raghuram Mallela as Company Secretary and Compliance Officer with effect from February 27, 2026. The move strengthens the bank’s governance framework under SEB...
Fitch assigns BBB-/Stable global rating to Indian Overseas Bank
Feb 26, 2026
Indian Overseas Bank has received new global credit ratings from international agency Fitch Ratings, which assigned the bank a long-term issuer default rating of BBB- with a Stable outlook and a viability rating of bb. The bank also obtained a sho...
Indian Overseas Bank Lists Rs 1,000 Crore Basel III Tier II Bond Issue on BSE
Jan 27, 2026
Indian Overseas Bank has successfully listed its latest issue of Basel III-compliant Tier II bonds worth Rs 1,000 crore on the BSE, following a private placement to 15 institutional investors. The non-convertible, taxable, subordinated and unsecur...
Indian Overseas Bank Warns of Possible Service Disruptions Amid UFBU Strike Call
Jan 26, 2026
Indian Overseas Bank has disclosed that the United Forum of Bank Unions, along with the All India Bank Officers’ Association, has issued a strike notice for 27 January 2026 over unresolved demands. The bank said it is taking steps to ensure ...
Indian Overseas Bank Releases Q3 FY2026 Earnings Call Transcript
Jan 19, 2026
Indian Overseas Bank has released the official transcript of its Q3 FY2026 earnings analyst conference call held on January 14, 2026, in compliance with SEBI’s Listing Regulations and NSE guidance. The disclosure, addressed to both BSE and N...
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.