IOBFinancial Services

Indian Overseas Bank

Public Sector Bank · ISIN INE565A01014 · BSE 532388 · NSE EQ · FV ₹10
Last price
₹32
+0.03%today
What this company does

Indian Overseas Bank operates in Public Sector Bank, part of the Financial Services sector. It booked ₹8,778 cr of revenue in its latest quarter (Q1 FY27) and kept 18.9% of sales as profit. It is the 9th largest of 9 Public Sector Bank companies we track, by market value.

58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 95–250 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)
35

At close. Not part of the score.

Profitability & returns65

How much profit it earns on the money it employs

Cash quality68

Whether reported profit actually arrives as cash

Valuation18

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

Governance & risk88

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
Strong 19% net margin
Sales up 19% vs last year
Profit up 49% vs last year
Promoters hold 92%
No promoter shares pledged
Strong 18% return on equity
Turns profit into real cash
Watch-outs
! Carries high debt (D/E 1.4)

What if I invest in IOB?

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 We do not publish price targets or predict returns.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
₹32 +0.03%
latest close · 2026-09-17
1-year return
+66.3%
52-wk low ₹1552-wk high ₹36
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 ratio9.0Low
LowAverageHigh
P/B ratio1.67Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.9%Strong
WeakFairStrong ▸15%
Net margin18.9%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.40High
LowModerateHigh ▸1
More figures
Market cap
₹61,814 cr
Book value
₹19
EPS
₹0.89
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.4%
Earnings yield
11.09%
P/S
1.76
Sales / share
₹18.2
Tax rate
10.7%
Face value
₹10
Shares
1,925.7 cr
Working capital
Current assets
Current liabilities
Delivery %
48.8%
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 exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹17 vs market price ₹32 — price is 89% above it
Safety cushion-89.2%(target ≥ +20%)
Models span ₹14₹20, midpoint ₹17
Model ₹17
Price ₹32
Cheap sideExpensive side

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₹8,778 cr
Other Income₹2,160 cr
Total Income₹10,938 cr
Interest Expended₹5,090 cr
Employee Cost₹2,104 cr
Other Operating Expenses₹1,050 cr
Total Expenditure₹8,245 cr
Operating Profit before Provisions₹2,693 cr
Provisions & Contingencies₹834 cr
Profit before Tax₹1,859 cr
Tax Expense₹200 cr
Share of Associates₹57 cr
Net Profit₹1,659 cr
Net margin on total income15.2%
Where the money goes

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

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue8,172 cr8,489 cr8,778 cr
Total income9,672 cr9,780 cr10,938 cr
Expenses
Profit before tax1,367 cr1,659 cr1,859 cr
Tax2 cr154 cr200 cr
Net profit (owners' share)1,365 cr1,505 cr1,659 cr
Net margin (owners' share, on revenue)16.7%17.7%18.9%
EPS (₹)0.710.810.89
YoY (latest quarter): total income +23.3% · net profit +49.3%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹4.73 L cr
Shareholder equity
₹36,991 cr
parent shareholders
Borrowings
₹51,603 cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹3,464 cr
Investing
₹-466 cr
Financing
₹-706 cr
Peer comparison
Public Sector Bank · by market value
CompanyPriceMarket capP/E
State Bank of India₹989₹9.13 L cr9.5
Union Bank of India₹178₹1.36 L cr6.0
Punjab National Bank₹116₹1.34 L cr5.8
Bank of Baroda₹232₹1.20 L cr16.8
Indian Bank₹841₹1.13 L cr8.4
Canara Bank₹124₹1.12 L cr5.4
Bank of India₹138₹62,914 cr4.8
Bank of Maharashtra₹81₹62,148 cr7.7
Indian Overseas Bankthis company₹32₹61,814 cr9.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 19 Jun 2014
ActionDetailEx-date
Dividend₹0.5 / share19 Jun 2014
Dividend₹0.7 / share10 Feb 2014
Dividend₹2 / share20 Jun 2013
Dividend₹4.5 / share21 Jun 2012
Who owns it · 2026-06-30
No pledge
Promoter
92.4%
FII / Foreign
0.5%
DII / Domestic
4.3%
Retail / others
2.8%
Promoter stake down 3.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPresident of India acting through Department of Financial Services · Promoters41.78 cr · ₹417.8 cr17 Dec 25
BoughtPresident of India (Government of India) · Promoters385.16 cr · ₹4360.0 cr27 Feb 20
BoughtPresident of India (Government of India) · Promoters344.38 cr · ₹38.6 cr28 Nov 19
Bulk / block deals
short · NSE2,46224 Jul 26
short · NSE415 Jun 26
short · NSE10012 Jun 26
Stake changes
SoldPresident of India acting through the Department of Financial Services Ministry of Finance Government of India · promoter→ 92.44% · 41.78 cr18 Dec 25
SoldPresident of India, acting through the Department of Financial Services, Ministry of Finance, Government of India · promoter→ 92.44% · 41.78 cr18 Dec 25
BoughtPresident Of India (Government of India) · promoter→ 95.84% · 38.16 cr27 Feb 20
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 · 2 Jul 2025
See the official result
1
The First Agenda is an Ordinary Resolution for Adoption of Audited Balance Sheet of the Bank as of 31st March 2025, the Profit and Loss Account, Cash Flow statement for the year ended on that date, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditors’ Report on the Balance Sheet and Accounts
Backed by 98% of shareholders other than promotersneeded 50%
40.30 cr votes for, 83.84 L against · 2% of mutual funds and other big investors said no
2
The Second Agenda is an Ordinary Resolution seeking shareholder’s approval for the appointment of Ms. Neelam Agrawal as Non-Executive Director (Government Nominee Director) of the Bank.
Backed by 98% of shareholders other than promotersneeded 50%
40.27 cr votes for, 87.59 L against · 2% of mutual funds and other big investors said no
3
The Third Agenda is a Special Resolution seeking shareholder’s approval for the appointment (Re-nomination) of Shri Deepak Sharma as the Part-Time Non-Official Director of the Bank
Backed by 98% of shareholders other than promotersneeded 75%
40.29 cr votes for, 85.65 L against · 2% of mutual funds and other big investors said no
4
The Fourth Agenda is a Special Resolution seeking shareholder’s approval for appointment (Re-nomination) of Shri B. Chandra Reddy as the Part-Time Non-Official Director of the Bank.
Backed by 98% of shareholders other than promotersneeded 75%
40.29 cr votes for, 85.23 L against · 2% 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 — 1 named members
owning 92.4% between them · as of 2026-06-30
President of India92.44%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹1,000 cr raised in Jan 2026 by issue of basel iii compliant tier ii bonds

The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet.

₹1,437 cr raised in Mar 2025 by selling shares to large investors

As of Mar 2025, the company says it has spent 100% of what it set aside.

To Augment Bank’s Tier I Capital to meet Bank’s future capital requirements and to support growth plans and to enhance the business of our Bank
now filed as: To Augment Bank’s Tier I Capital to meet Bank’s future capital requirements and to support growth plans and to enhance the business of our Bank
100%
₹1,437 cr of ₹1,437 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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