INDUSINDBKFinancial Services

IndusInd Bank Limited

Private Sector Bank · ISIN INE095A01012 · BSE 532187 · NSE EQ · FV ₹10
Last price
₹958
+1.24%today
What this company does

IndusInd Bank Limited operates in Private Sector Bank, part of the Financial Services sector. It booked ₹11,310 cr of revenue in its latest quarter (Q1 FY27) and kept 9.2% of sales as profit. It is the 7th largest of 9 Private Sector Bank companies we track, by market value.

Built on Trust. Driven by Purpose. IndusInd Bank is India’s fifth largest private sector bank, with a presence that spans the length and breadth of the country. At the heart of our journey is a clear ambition: to be the most preferred and trusted bank for a diverse set of clients, including individuals, large corporations, government bodies, and public sector undertakings.
In the report:
36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 26–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns24

How much profit it earns on the money it employs

Cash quality71

Whether reported profit actually arrives as cash

Valuation51

What today's price implies, against our models or its peers

Governance & risk21

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Profit up 72% vs last year
Watch-outs
! Sales down 8% vs last year
! 42.8% of promoter stake pledged
! Low 6.3% return on equity
! Operating cash flow is negative

What if I invest in INDUSINDBK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹958 +1.24%
latest close · 2026-09-17
1-year return
-4.3%
52-wk low ₹76352-wk high ₹1,242
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.0Average
LowAverageHigh
P/B ratio1.14Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.3%Weak
WeakFairStrong ▸15%
Net margin9.2%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.65Moderate
LowModerateHigh ▸1
More figures
Market cap
₹74,656 cr
Book value
₹844
EPS
₹13.31
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
0.8%
Earnings yield
5.56%
P/S
1.65
Sales / share
₹580.6
Tax rate
25.3%
Face value
₹10
Shares
77.9 cr
Working capital
Current assets
Current liabilities
Delivery %
55.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹302₹417, midpoint ₹360

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Interest Earned₹11,310 cr
Other Income₹1,787 cr
Total Income₹13,096 cr
Interest Expended₹6,625 cr
Employee Cost₹1,792 cr
Other Operating Expenses₹1,906 cr
Total Expenditure₹10,323 cr
Operating Profit before Provisions₹2,773 cr
Provisions & Contingencies₹1,384 cr
Profit before Tax₹1,389 cr
Tax Expense₹352 cr
Share of Associates₹3 L
Net Profit₹1,037 cr
Net margin on total income7.9%
Where the money goes

Not enough income-statement detail filed to break this down yet.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue11,373 cr11,005 cr11,310 cr
Total income13,080 cr12,719 cr13,096 cr
Expenses
Profit before tax174 cr813 cr1,389 cr
Tax46 cr219 cr352 cr
Net profit (owners' share)128 cr594 cr1,037 cr
Net margin (owners' share, on revenue)1.1%5.4%9.2%
EPS (₹)1.647.6313.31
YoY (latest quarter): total income -9.2% · net profit +71.7%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹5.43 L cr
Shareholder equity
₹65,740 cr
parent shareholders
Borrowings
₹42,789 cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹-10,919 cr
Investing
₹-362 cr
Financing
₹-8,352 cr

Lender caveat: a bank's operating cash swings with deposits and lending — this is loan-book activity, not distress.

Peer comparison
Private Sector Bank · by market value
CompanyPriceMarket capP/E
HDFC Bank Limited₹713₹10.98 L cr14.3
ICICI Bank Limited₹1,348₹9.67 L cr15.6
Kotak Mahindra Bank Limited₹417₹4.14 L cr18.9
Axis Bank Limited₹1,240₹3.86 L cr12.6
IDBI Bank Limited₹82₹88,051 cr10.3
The Federal Bank Limited₹333₹82,124 cr16.3
IndusInd Bank Limitedthis company₹958₹74,656 cr18.0
IDFC First Bank Limited₹86₹74,371 cr16.2
Yes Bank Limited₹23₹72,598 cr17.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.16%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 25 Jun 2026
ActionDetailEx-date
Dividend₹1.5 / share25 Jun 2026
Dividend₹16.5 / share28 Jun 2024
Dividend₹14 / share2 Jun 2023
Dividend₹8.5 / share11 Aug 2022
Dividend₹5 / share17 Aug 2021
Dividend₹7.5 / share8 Aug 2019
Who owns it · 2026-06-30
42.8% pledged
Promoter
15.8%
FII / Foreign
29.2%
DII / Domestic
42.3%
Retail / others
12.8%
Promoter stake down 0.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldINDUSIND LIMITED · Promoters63.22 L · ₹588.5 cr20 Dec 24
BoughtSUMANT KATHPALIA · Employees/Designated Employees98,000 · ₹14.6 cr25 Jun 24
SoldARUN KHURANA · Employees/Designated Employees60,000 · ₹9.0 cr25 Jun 24
Bulk / block deals
short · NSE428 Aug 26
short · NSE4,20026 Aug 26
short · NSE1,40025 Aug 26
Stake changes
BothIndusInd Limited · promoter→ 5.04% · 1.13 cr30 Jun 26
BothIndusInd International Holdings Limited · promoter→ 1.41% · 1.13 cr30 Jun 26
BothIndusInd International Holdings Limited · promoter→ 10.04% · 1.13 cr30 Mar 26
Promoter pledges
ReleasedCatalyst Trusteeship Limited Onshore Security Agent for Lenders J.P. Morgan Securities plc, Deutsche Bank AG, Singapore Branch, Barclays Bank PLC, and Citibank N.A., London Branch1.13 cr · 2.86% held30 Jun 26
PledgedCatalyst Trusteeship Limited Onshore Security Agent for Lenders J.P. Morgan Securities plc, Deutsche Bank AG, Singapore Branch, Barclays Bank PLC, and Citibank N.A., London Branch1.13 cr · 3.59% held30 Jun 26
ReleasedN.A.3.18 cr · 4.08% held27 Mar 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 27 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Bank for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors’ and Auditors’ thereon.
Backed by 100% of shareholders other than promotersneeded 50%
46.10 cr votes for, 21.17 L against · 0% of mutual funds and other big investors said no
2
To declare dividend at the rate of Rs.1.50 per equity share of Rs.10 each of the Bank, fully paid, for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
46.34 cr votes for, 3,628 against · 0% of mutual funds and other big investors said no
3
To re-appoint Mr. Sudip Basu (DIN: 09743986) as a Director who retires by rotation and being eligible has offered himself for re-appointment.
Backed by 95% of shareholders other than promotersneeded 50%
44.21 cr votes for, 2.13 cr against · 5% of mutual funds and other big investors said no
4
To approve payment of remuneration of the Joint Statutory Auditors of the Bank for the Financial Year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
46.34 cr votes for, 7,710 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 21 named members
owning 15.8% between them · as of 2026-06-30
Indusind International Holdings Limited10.53%
Indusind Limited5.29%
Afrinex Clearing House Limitedno shares
Afrinex Limitedno shares
Beryllus Capital Holdings Pte Ltdno shares
IIHL AMC Holdings Limitedno shares
IIHL AMC Limitedno shares
IIHL Bank & Trust Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.