Financials Indian Bank

Equities

INDIANB

INE562A01011

Banks

Market Closed - NSE India S.E. 12:43:48 10/05/2024 BST 5-day change 1st Jan Change
514.3 INR -0.56% Intraday chart for Indian Bank -5.46% +22.19%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 134,530 26,239 131,119 191,673 359,372 692,744 - -
Enterprise Value (EV) 1 134,530 26,239 131,119 191,673 359,372 701,364 692,744 692,744
P/E ratio 41.8 x 3.01 x 4.36 x 4.75 x 6.8 x 8.24 x 7.11 x 6.5 x
Yield - - 1.72% 4.22% 2.98% 2.06% 2.49% 2.66%
Capitalization / Revenue 1.51 x 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.01 x 1.82 x
EV / Revenue 1.51 x 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.01 x 1.82 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.85 x 0.14 x 0.44 x 0.57 x 0.96 x 1.27 x 1.1 x 0.97 x
Nbr of stocks (in thousands) 480,292 608,801 1,129,367 1,245,441 1,245,441 1,346,964 - -
Reference price 2 280.1 43.10 116.1 153.9 288.6 514.3 514.3 514.3
Announcement Date 14/05/19 23/06/20 28/05/21 11/05/22 08/05/23 06/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 89,010 109,189 217,452 236,434 273,685 280,922 344,188 380,599
EBITDA - - - - - - - -
EBIT 1 48,806 64,980 113,956 127,169 152,706 168,396 191,238 213,220
Operating Margin 54.83% 59.51% 52.41% 53.79% 55.8% 59.94% 55.56% 56.02%
Earnings before Tax (EBT) 1 2,842 13,727 29,056 32,042 59,144 109,511 131,206 143,435
Net income 1 3,220 7,534 30,047 39,448 52,817 80,629 97,669 106,878
Net margin 3.62% 6.9% 13.82% 16.68% 19.3% 28.7% 28.38% 28.08%
EPS 2 6.700 14.33 26.61 32.38 42.41 63.23 72.33 79.17
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 2.000 6.500 8.600 10.60 12.83 13.69
Announcement Date 14/05/19 23/06/20 28/05/21 11/05/22 08/05/23 06/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - - - 60,494 59,512 58,279 61,386 65,121 72,156 75,022 74,131 75,578 77,700 80,200
EBITDA - - - - - - - - - - - - - -
EBIT 1 30,990 25,484 34,718 32,755 32,880 27,376 35,644 36,292 40,614 40,156 41,346 40,702 41,124 42,697
Operating Margin - - - 54.15% 55.25% 46.97% 58.06% 55.73% 56.29% 53.53% 55.77% 53.85% 52.93% 53.24%
Earnings before Tax (EBT) 1 7,846 - - 7,283 7,949 8,237 13,454 15,707 15,457 14,526 23,940 24,748 25,514 29,222
Net income 1 5,143 17,088 11,817 10,892 6,897 9,842 12,134 12,252 13,958 14,473 17,088 18,743 20,581 22,178
Net margin - - - 18% 11.59% 16.89% 19.77% 18.81% 19.34% 19.29% 23.05% 24.8% 26.49% 27.65%
EPS 2 4.550 15.13 10.39 8.750 5.540 7.900 9.740 9.840 11.21 11.62 13.72 14.40 14.47 16.90
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 22/01/21 28/05/21 19/07/21 28/10/21 07/02/22 11/05/22 30/07/22 03/11/22 25/01/23 08/05/23 27/07/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 2% 4.25% 10.6% 12.1% 14.7% 16.1% 16.2% 15.5%
ROA (Net income/ Total Assets) 0.12% 0.26% 0.5% 0.63% 0.77% 1.09% 1.16% 1.14%
Assets 1 2,682,934 2,897,532 6,009,355 6,261,619 6,859,351 7,382,713 8,452,121 9,338,881
Book Value Per Share 2 329.0 302.0 264.0 270.0 301.0 405.0 467.0 532.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 14/05/19 23/06/20 28/05/21 11/05/22 08/05/23 06/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
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