Financials Indian Bank

Equities

INDIANB

INE562A01011

Banks

Market Closed - NSE India S.E. 05:17:54 21/06/2024 pm IST 5-day change 1st Jan Change
547.7 INR +0.48% Intraday chart for Indian Bank +1.10% +30.13%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 26,239 1,31,119 1,91,673 3,59,372 7,01,364 7,37,732 - -
Enterprise Value (EV) 1 26,239 1,31,119 1,91,673 3,59,372 7,01,364 7,37,732 7,37,732 7,37,732
P/E ratio 3.01 x 4.36 x 4.75 x 6.8 x 8.24 x 7.59 x 6.89 x 6.44 x
Yield - 1.72% 4.22% 2.98% - 2.32% 2.51% 3.13%
Capitalization / Revenue 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.14 x 1.92 x 1.78 x
EV / Revenue 0.24 x 0.6 x 0.81 x 1.31 x 2.5 x 2.14 x 1.92 x 1.78 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.14 x 0.44 x 0.57 x 0.96 x - 1.17 x 1.02 x 0.87 x
Nbr of stocks (in thousands) 6,08,801 11,29,367 12,45,441 12,45,441 13,46,964 13,46,964 - -
Reference price 2 43.10 116.1 153.9 288.6 520.7 547.7 547.7 547.7
Announcement Date 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: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 1,09,189 2,17,452 2,36,434 2,73,685 2,80,922 3,45,188 3,83,830 4,14,389
EBITDA - - - - - - - -
EBIT 1 64,980 1,13,956 1,27,169 1,52,706 1,68,396 1,91,550 2,15,212 2,36,589
Operating Margin 59.51% 52.41% 53.79% 55.8% 59.94% 55.49% 56.07% 57.09%
Earnings before Tax (EBT) 1 13,727 29,056 32,042 59,144 1,09,511 1,30,818 1,43,882 1,54,828
Net income 1 7,534 30,047 39,448 52,817 80,629 97,451 1,07,283 1,16,008
Net margin 6.9% 13.82% 16.68% 19.3% 28.7% 28.23% 27.95% 27.99%
EPS 2 14.33 26.61 32.38 42.41 63.23 72.19 79.49 85.10
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 2.000 6.500 8.600 - 12.72 13.72 17.15
Announcement Date 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: 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 07/02/22 11/05/22 30/07/22 03/11/22 25/01/23 08/05/23 27/07/23 26/10/23 24/01/24 06/05/24
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% - 16.1% 15.5% 14.5%
ROA (Net income/ Total Assets) 0.26% 0.5% 0.63% 0.77% - 1.15% 1.15% 1.05%
Assets 1 28,97,532 60,09,355 62,61,619 68,59,351 - 84,51,986 93,53,365 1,10,48,333
Book Value Per Share 2 302.0 264.0 270.0 301.0 - 470.0 535.0 629.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 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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