Indian Bank
Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. [1]
- Market Cap ₹ 52,235 Cr.
- Current Price ₹ 419
- High / Low ₹ 463 / 252
- Stock P/E 7.58
- Book Value ₹ 398
- Dividend Yield 2.05 %
- ROCE 4.55 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.05 times its book value
- Company has delivered good profit growth of 33.5% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 10.7% over last 3 years.
- Contingent liabilities of Rs.3,97,452 Cr.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Public Sector
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 12,228 | 13,898 | 15,249 | 15,853 | 16,244 | 16,039 | 17,115 | 19,182 | 21,401 | 39,108 | 38,888 | 44,985 | 50,905 |
Interest | 7,806 | 9,367 | 10,887 | 11,390 | 11,795 | 10,891 | 10,851 | 12,167 | 13,798 | 23,439 | 22,129 | 24,717 | 28,420 |
3,359 | 3,901 | 4,158 | 4,219 | 5,128 | 6,144 | 6,998 | 8,289 | 9,238 | 18,029 | 20,285 | 21,577 | 22,374 | |
Financing Profit | 1,063 | 629 | 204 | 245 | -679 | -996 | -734 | -1,273 | -1,634 | -2,360 | -3,526 | -1,309 | 112 |
Financing Margin % | 9% | 5% | 1% | 2% | -4% | -6% | -4% | -7% | -8% | -6% | -9% | -3% | 0% |
1,299 | 1,290 | 1,378 | 1,372 | 1,789 | 2,222 | 2,417 | 1,891 | 3,326 | 6,111 | 7,380 | 7,804 | 8,123 | |
Depreciation | 90 | 92 | 105 | 139 | 151 | 166 | 237 | 259 | 314 | 637 | 601 | 532 | 0 |
Profit before tax | 2,271 | 1,827 | 1,476 | 1,478 | 958 | 1,060 | 1,445 | 359 | 1,377 | 3,115 | 3,253 | 5,963 | 8,235 |
Tax % | 23% | 13% | 21% | 31% | 25% | -33% | 13% | 11% | 45% | 3% | -23% | 11% | |
1,766 | 1,610 | 1,189 | 1,051 | 752 | 1,455 | 1,311 | 381 | 862 | 3,151 | 4,144 | 5,574 | 6,894 | |
EPS in Rs | 41.09 | 37.45 | 25.58 | 21.84 | 15.64 | 30.25 | 27.29 | 7.91 | 14.15 | 27.88 | 33.26 | 44.74 | 55.34 |
Dividend Payout % | 18% | 18% | 18% | 19% | 10% | 20% | 0% | 0% | 0% | 7% | 20% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 21% |
3 Years: | 28% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 34% |
3 Years: | 86% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 79% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 430 | 430 | 465 | 480 | 480 | 480 | 480 | 480 | 609 | 1,129 | 1,245 | 1,245 | 1,245 |
Reserves | 10,081 | 11,263 | 13,559 | 14,549 | 16,010 | 16,954 | 18,235 | 19,235 | 22,159 | 38,329 | 43,706 | 48,261 | |
Preference Capital | 400 | 400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
125,589 | 144,830 | 167,219 | 171,850 | 181,768 | 195,117 | 228,022 | 254,178 | 281,015 | 562,793 | 610,788 | 643,216 | ||
5,391 | 6,430 | 6,145 | 6,156 | 5,683 | 5,957 | 6,244 | 6,494 | 6,359 | 23,285 | 18,356 | 20,612 | ||
Total Liabilities | 141,490 | 162,953 | 187,388 | 193,036 | 203,941 | 218,507 | 252,981 | 280,388 | 310,141 | 625,535 | 674,096 | 713,334 | |
1,632 | 1,696 | 2,935 | 2,969 | 3,508 | 3,436 | 3,421 | 3,964 | 3,898 | 7,392 | 7,694 | 7,472 | ||
CWIP | 5 | 1 | 3 | 5 | 8 | 11 | 1 | 1 | 1 | 0 | 5 | 9 | |
Investments | 37,996 | 41,899 | 46,935 | 46,060 | 53,283 | 67,781 | 71,619 | 65,272 | 81,871 | 178,292 | 176,502 | 188,366 | |
101,857 | 119,357 | 137,515 | 144,001 | 147,143 | 147,280 | 177,940 | 211,152 | 224,371 | 439,850 | 489,896 | 517,487 | ||
Total Assets | 141,490 | 162,953 | 187,388 | 193,036 | 203,941 | 218,507 | 252,981 | 280,388 | 310,141 | 625,535 | 674,096 | 713,334 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,880 | 3,447 | -725 | 5,136 | -931 | -10,814 | -3,676 | 6,270 | -8,396 | 17,231 | 28,750 | -27,894 | |
-145 | -191 | -147 | -236 | -772 | -179 | -214 | -176 | -247 | 21,233 | -305 | -314 | |
2,276 | -2,431 | 1,727 | -2,312 | 620 | 9,041 | 6,776 | 1,000 | 2,552 | 1,866 | 18 | -1,543 | |
Net Cash Flow | 251 | 825 | 855 | 2,588 | -1,082 | -1,952 | 2,886 | 7,094 | -6,091 | 40,329 | 28,464 | -29,751 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 17% | 15% | 9% | 7% | 5% | 9% | 7% | 2% | 4% | 10% | 10% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21h - Disclosures pertaining to Non- Deal Roadshows/ Analyst/ Institutional Investor Meet
- Update On Disclosure Pertaining To Non- Deal Roadshows/ Analyst/ Institutional Investor Meet Made On 04.12.2023 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Disclosures pertaining to Non-Deal Roadshows/ Analyst / Institutional Investor Meet
- Announcement under Regulation 30 (LODR)-Interest Rates Updates 2 Dec
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 30 Nov
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Concalls
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Nov 2023Transcript PPT
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Oct 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Jan 2021Transcript PPT
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Oct 2020Transcript PPT
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Aug 2020TranscriptPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
Ratios
Capital Adequacy Ratio - 15.47%
Net Interest Margin - 3.03%
Gross NPA - 9.13%
Net NPA - 2.72%
CASA Ratio - 42.2%{# https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d7a6563-8aea-4605-ab1f-d38d6d2832ce.pdf#}