Financials Indian Bank

Equities

INDIANB

INE562A01011

Banks

Market Closed - NSE India S.E. Other stock markets 03:56:48 16/01/2026 pm IST			5-day change	1st Jan Change
852.10 ^INR	+0.67%		+2.91%	+1.77%

09/01	Diary - India economic, corporate events on January 9	RE
01/01	Indian bank gross advances as of Dec-end up 14.5% Y/Y	RE

Projected Income Statement: Indian Bank

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	2,17,452	2,36,434	2,73,685	2,80,922	3,43,998	3,64,869	4,04,889	4,53,794
Change	-	8.73%	15.76%	2.64%	22.45%	6.07%	10.97%	12.08%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,13,956	1,27,169	1,52,706	1,68,396	1,89,982	1,97,478	2,22,472	2,50,117
Change	-	11.59%	20.08%	10.27%	12.82%	3.95%	12.66%	12.43%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	29,056	32,042	59,144	1,09,511	1,47,869	1,58,327	1,71,833	1,87,926
Change	-	10.28%	84.58%	85.16%	35.03%	7.07%	8.53%	9.37%
Net income ¹	30,047	39,448	52,817	80,629	1,09,183	1,19,113	1,30,166	1,43,689
Change	-	31.29%	33.89%	52.66%	35.41%	9.1%	9.28%	10.39%
Announcement Date	28/05/21	11/05/22	08/05/23	06/05/24	03/05/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021 Q2	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	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	57,558	-	-	-	60,494	59,512	58,279	61,386	65,121	72,156	75,022	74,131	77,332	77,158	77,708	80,836	86,163	85,673	91,326	87,975	90,376	91,612	97,000
Change	-	-	-	-	-	-1.62%	-2.07%	5.33%	6.08%	10.8%	3.97%	-1.19%	4.32%	-0.22%	0.71%	4.03%	6.59%	-0.57%	6.6%	-3.67%	2.73%	1.37%	5.88%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	29,950	30,990	25,484	34,718	32,755	32,880	27,376	35,644	36,292	40,614	40,156	41,346	43,027	40,972	43,050	45,016	47,285	47,494	50,187	47,703	48,365	49,883	51,200
Change	-	3.47%	-17.77%	36.24%	-5.65%	0.38%	-16.74%	30.2%	1.82%	11.91%	-1.13%	2.97%	4.07%	-4.78%	5.07%	4.57%	5.04%	0.44%	5.67%	-4.95%	1.39%	3.14%	2.64%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	7,846	-	-	7,283	7,949	8,237	13,454	15,707	15,457	14,526	23,940	27,521	27,478	30,572	32,432	36,294	36,903	42,241	40,793	40,979	41,018	42,200
Change	-	-	-	-	-	9.14%	3.62%	63.34%	16.74%	-1.59%	-6.02%	64.81%	14.96%	-0.15%	11.26%	6.08%	11.91%	1.68%	14.46%	-3.43%	0.46%	0.1%	2.88%
Net income ¹	4,123	5,143	17,088	11,817	10,892	6,897	9,842	12,134	12,252	13,958	14,473	17,088	19,878	21,194	22,470	24,034	27,064	28,524	29,561	29,728	30,182	30,867	32,400
Change	-	24.74%	232.28%	-30.85%	-7.83%	-36.67%	42.7%	23.29%	0.97%	13.92%	3.69%	18.07%	16.32%	6.62%	6.02%	6.96%	12.61%	5.39%	3.64%	0.57%	1.53%	2.27%	4.97%
Announcement Date	22/10/20	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	26/10/23	24/01/24	06/05/24	29/07/24	28/10/24	29/01/25	03/05/25	24/07/25	16/10/25	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Indian Bank

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	28/05/21	11/05/22	08/05/23	06/05/24	03/05/25	-	-	-

Estimates

Cash Flow Forecast: Indian Bank

Fiscal Period: March	2020	2021	2022	2023	2024	2025
CAPEX ¹	2,592	5,604	3,231	3,344	6,266	5,399
Change	-	116.25%	-42.35%	3.49%	87.4%	-13.83%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	17/07/20	21/06/21	31/05/22	26/05/23	23/05/24	25/05/25

¹INR in Million

Estimates

Forecast Financial Ratios: Indian Bank

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	52.41%	53.79%	55.8%	59.94%	55.23%	54.12%	54.95%	55.12%
EBT Margin (%)	-	13.36%	13.55%	21.61%	38.98%	42.99%	43.39%	42.44%	41.41%
Net margin (%)	-	13.82%	16.68%	19.3%	28.7%	31.74%	32.65%	32.15%	31.66%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.5%	0.63%	0.77%	1.07%	1.32%	1.29%	1.28%	1.25%
ROE	-	10.63%	12.13%	14.73%	19.24%	20.76%	16.69%	15.96%	15.43%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	2	6.5	8.6	12	16.25	16.97	17.84	18.91
Change	-	-	225%	32.31%	39.53%	35.42%	4.44%	5.13%	6%
Book Value Per Share ¹	-	264	270	300.6	352.6	423.4	546.8	625.1	708.3
Change	-	-	2.27%	11.32%	17.31%	20.08%	29.15%	14.33%	13.3%
EPS ¹	-	26.61	32.38	42.41	63.23	81.06	88.81	97.03	107.6
Change	-	-	21.68%	30.98%	49.09%	28.2%	9.56%	9.25%	10.85%
Nbr of stocks (in thousands)	-	11,29,367	12,45,441	12,45,441	13,46,964	13,46,964	13,46,964	13,46,964	13,46,964
Announcement Date	-	28/05/21	11/05/22	08/05/23	06/05/24	03/05/25	-	-	-