Financials Indian Bank

Equities

INDIANB

INE562A01011

Banks

Delayed NSE India S.E. 06:29:59 2024-06-10 am EDT 5-day change 1st Jan Change
532.2 INR -0.47% Intraday chart for Indian Bank -12.23% +26.44%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 26,239 131,119 191,673 359,372 701,364 720,222 - -
Enterprise Value (EV) 1 26,239 131,119 191,673 359,372 701,364 720,222 720,222 720,222
P/E ratio 3.01 x 4.36 x 4.75 x 6.8 x 8.24 x 7.39 x 6.75 x 6.28 x
Yield - 1.72% 4.22% 2.98% - 2.4% 2.56% 3.21%
Capitalization / Revenue 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.09 x 1.89 x 1.74 x
EV / Revenue 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.09 x 1.89 x 1.74 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.14 x 0.44 x 0.57 x 0.96 x - 1.14 x 1 x 0.85 x
Nbr of stocks (in thousands) 608,801 1,129,367 1,245,441 1,245,441 1,346,964 1,346,964 - -
Reference price 2 43.10 116.1 153.9 288.6 520.7 534.7 534.7 534.7
Announcement Date 6/23/20 5/28/21 5/11/22 5/8/23 5/6/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 109,189 217,452 236,434 273,685 280,922 344,188 380,599 414,389
EBITDA - - - - - - - -
EBIT 1 64,980 113,956 127,169 152,706 168,396 191,238 213,220 236,589
Operating Margin 59.51% 52.41% 53.79% 55.8% 59.94% 55.56% 56.02% 57.09%
Earnings before Tax (EBT) 1 13,727 29,056 32,042 59,144 109,511 131,206 143,435 154,828
Net income 1 7,534 30,047 39,448 52,817 80,629 97,669 106,878 116,008
Net margin 6.9% 13.82% 16.68% 19.3% 28.7% 28.38% 28.08% 27.99%
EPS 2 14.33 26.61 32.38 42.41 63.23 72.33 79.17 85.10
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 2.000 6.500 8.600 - 12.83 13.69 17.15
Announcement Date 6/23/20 5/28/21 5/11/22 5/8/23 5/6/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 59,512 58,279 61,386 65,121 72,156 75,022 74,131 77,332 77,158 77,708
EBITDA - - - - - - - - - -
EBIT 1 32,880 27,376 35,644 36,292 40,614 40,156 41,346 43,027 40,972 43,050
Operating Margin 55.25% 46.97% 58.06% 55.73% 56.29% 53.53% 55.77% 55.64% 53.1% 55.4%
Earnings before Tax (EBT) 1 7,949 8,237 13,454 15,707 15,457 14,526 23,940 27,521 27,478 30,572
Net income 1 6,897 9,842 12,134 12,252 13,958 14,473 17,088 19,878 21,194 22,470
Net margin 11.59% 16.89% 19.77% 18.81% 19.34% 19.29% 23.05% 25.7% 27.47% 28.92%
EPS 2 5.540 7.900 9.740 9.840 11.21 11.62 13.72 15.96 16.78 16.68
Dividend per Share - - - - - - - - - -
Announcement Date 2/7/22 5/11/22 7/30/22 11/3/22 1/25/23 5/8/23 7/27/23 10/26/23 1/24/24 5/6/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 4.25% 10.6% 12.1% 14.7% - 16.2% 15.5% 14.5%
ROA (Net income/ Total Assets) 0.26% 0.5% 0.63% 0.77% - 1.16% 1.14% 1.05%
Assets 1 2,897,532 6,009,355 6,261,619 6,859,351 - 8,452,121 9,338,881 11,048,333
Book Value Per Share 2 302.0 264.0 270.0 301.0 - 467.0 532.0 629.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 6/23/20 5/28/21 5/11/22 5/8/23 5/6/24 - - -
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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