Indbank Merchant Banking Services Ltd

Indbank Merchant Banking Services Ltd

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About

Incorporated in 1989, Indbank Merchant Banking Services Ltd. is engaged in Merchant Banking, Stock Broking, Depository Participant and allied activities.

Key Points

Business Overview:[1]
The Company is a subsidiary of Indian Bank and is engaged in stock broking, depository participant services, distribution of mutual funds and other investment products, and merchant banking. It is a member of NSE and BSE (Equity & Derivatives segments), registered with NSDL and CDSL as a Depository Participant, and holds SEBI registration as a Merchant Banker. It is also registered with AMFI for mutual fund distribution. It provides depository services to institutional and retail clients, with 91,360 DP accounts and 50,319 broking accounts.

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  • Dividend Yield %
  • ROCE %
  • ROE %
  • Face Value

Pros

Cons

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
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Profit & Loss

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Dividend Payout %
Compounded Sales Growth
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5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
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5 Years: %
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TTM: %
Stock Price CAGR
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Return on Equity
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Figures in Rs. Crores

Net Cash Flow
Free Cash Flow
CFO/OP

Ratios

Figures in Rs. Crores

Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Insights

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Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Stock Broking Turnover
Rs. Crores ・Standalone data

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Broking Accounts
Number ・Standalone data
Depository Participant (DP) Accounts
Number ・Standalone data
Terminal Locations
Number ・Standalone data

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84% 64.84%
0.00% 0.01% 0.01% 0.05% 0.07% 0.20% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00%
0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09%
35.06% 35.07% 35.06% 35.02% 35.01% 34.87% 35.07% 35.08% 35.04% 35.08% 35.07% 35.07%
No. of Shareholders 43,62744,71043,35348,26549,98649,13251,23250,96951,23651,23150,53750,062

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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