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Indian Bank share price today

Indian Bank · NSE: INDIANB · Banks - PSU · prices and results as of 5 November 2026, updated weekly · research updated 15 October 2026

Indian Bank share price today: ₹892.15 at the NSE close on 5 November 2026, up 2.1% in a year. Indian Bank (NSE: INDIANB) is worth ₹1,20,247 crore, trades at a P/BV of 1.4 and has closed between ₹778.45 and ₹990.50 over the past 52 weeks. Latest change: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).

Growing steadilyBusiness trend from the last 12 quarters
₹892.15Price +2.1% in a year
1.4×P/BV higher than 90% of the last 11 years
₹19,149 CrRevenue (Sep 2026) +15.2% on a year ago
₹3,541 CrProfit (Sep 2026) +13.9% on a year ago
18.5%Net margin −0.2 points on a year ago
15%ROE FY26
1.61%Gross NPA (bad loans) −0.99 points on a year ago

Indian Bank's earnings have grown faster than its share price. Earnings per share grew +3.9% in a year while the price moved +2.1%.

The main question: results are strong, and the P/BV is higher than 90% of its own history.

The price has been rising for 13 weeks, and the P/BV is higher than 90% of its own last 11 years. Over the last four quarters, results have been improving, with profit +13.9% on a year earlier, and gross NPA has eased to 1.61%. What will decide it: whether earnings grow enough to match the multiple.

What is the Indian Bank share price today?

Indian Bank's share price was ₹892.15 at the close on 5 November 2026. It has been rising for 13 weeks. That is 6.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹778 and ₹991, and at that close it sat 54% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Indian Bank is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 10 weeks in a row.

1Y

Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.

  • Price ₹892
  • 50-day avg ₹847
  • 200-day avg ₹837
Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹859₹749₹646
7 Nov 2025₹874₹767₹655
14 Nov 2025₹868₹786₹665
21 Nov 2025₹852₹803₹676
28 Nov 2025₹870₹815₹685
5 Dec 2025₹809₹818₹692
12 Dec 2025₹789₹812₹697
19 Dec 2025₹781₹806₹701
26 Dec 2025₹778₹802₹704
2 Jan 2026₹861₹807₹710
9 Jan 2026₹833₹814₹717
16 Jan 2026₹852₹818₹721
23 Jan 2026₹876₹826₹728
1 Feb 2026₹843₹837₹736
6 Feb 2026₹871₹843₹743
13 Feb 2026₹874₹852₹750
20 Feb 2026₹947₹865₹758
27 Feb 2026₹991₹887₹770
6 Mar 2026₹939₹897₹777
13 Mar 2026₹870₹898₹783
20 Mar 2026₹879₹894₹787
27 Mar 2026₹872₹891₹791
2 Apr 2026₹869₹888₹793
10 Apr 2026₹968₹897₹800
17 Apr 2026₹939₹904₹806
24 Apr 2026₹910₹907₹811
30 Apr 2026₹852₹904₹814
8 May 2026₹866₹895₹816
15 May 2026₹821₹882₹817
22 May 2026₹826₹870₹817
29 May 2026₹833₹865₹817
4 Jun 2026₹837₹860₹818
5 Jun 2026₹842₹859₹818
10 Jun 2026₹833₹858₹819
12 Jun 2026₹846₹857₹819
17 Jun 2026₹876₹857₹821
19 Jun 2026₹870₹858₹822
24 Jun 2026₹844₹857₹822
25 Jun 2026₹833₹856₹823
1 Jul 2026₹821₹852₹822
3 Jul 2026₹799₹848₹822
10 Jul 2026₹871₹840₹821
17 Jul 2026₹832₹839₹822
24 Jul 2026₹826₹839₹822
31 Jul 2026₹837₹837₹823
7 Aug 2026₹890₹842₹825
14 Aug 2026₹895₹851₹828
21 Aug 2026₹877₹855₹830
28 Aug 2026₹882₹860₹833
4 Sep 2026₹880₹864₹835
11 Sep 2026₹854₹863₹837
18 Sep 2026₹840₹860₹837
25 Sep 2026₹832₹856₹837
1 Oct 2026₹793₹847₹835
9 Oct 2026₹830₹842₹834
16 Oct 2026₹854₹842₹835
23 Oct 2026₹837₹843₹835
30 Oct 2026₹866₹844₹836
5 Nov 2026₹892₹847₹837
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.

  • Price ₹892
  • 50-day avg ₹847
  • 200-day avg ₹837
Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹430₹406₹338
12 Nov 2023₹420₹409₹343
17 Nov 2023₹432₹414₹347
24 Nov 2023₹408₹414₹350
1 Dec 2023₹401₹413₹352
8 Dec 2023₹428₹414₹356
15 Dec 2023₹454₹419₹360
22 Dec 2023₹412₹421₹363
29 Dec 2023₹421₹420₹365
5 Jan 2024₹434₹421₹368
12 Jan 2024₹434₹422₹371
20 Jan 2024₹460₹427₹375
25 Jan 2024₹461₹429₹377
2 Feb 2024₹546₹444₹384
9 Feb 2024₹532₹462₹392
16 Feb 2024₹518₹472₹398
23 Feb 2024₹525₹483₹404
2 Mar 2024₹529₹493₹412
7 Mar 2024₹545₹499₹416
15 Mar 2024₹509₹501₹421
22 Mar 2024₹489₹499₹424
28 Mar 2024₹521₹500₹427
5 Apr 2024₹535₹506₹432
12 Apr 2024₹527₹509₹436
19 Apr 2024₹512₹510₹439
26 Apr 2024₹527₹512₹443
3 May 2024₹544₹518₹447
10 May 2024₹514₹518₹451
18 May 2024₹540₹521₹455
24 May 2024₹572₹529₹460
31 May 2024₹568₹537₹466
7 Jun 2024₹535₹538₹469
14 Jun 2024₹541₹538₹473
21 Jun 2024₹548₹539₹476
28 Jun 2024₹546₹540₹479
5 Jul 2024₹539₹540₹482
12 Jul 2024₹559₹541₹485
19 Jul 2024₹561₹545₹488
26 Jul 2024₹581₹550₹492
2 Aug 2024₹596₹558₹497
9 Aug 2024₹578₹560₹501
16 Aug 2024₹550₹559₹503
23 Aug 2024₹548₹558₹505
30 Aug 2024₹567₹558₹508
6 Sep 2024₹523₹555₹510
13 Sep 2024₹520₹549₹510
20 Sep 2024₹510₹542₹510
27 Sep 2024₹539₹540₹511
4 Oct 2024₹523₹538₹512
11 Oct 2024₹525₹535₹512
18 Oct 2024₹519₹532₹513
25 Oct 2024₹499₹527₹512
1 Nov 2024₹585₹537₹516
8 Nov 2024₹561₹543₹518
14 Nov 2024₹537₹544₹520
22 Nov 2024₹532₹542₹520
29 Nov 2024₹574₹546₹522
6 Dec 2024₹594₹555₹526
13 Dec 2024₹573₹560₹529
20 Dec 2024₹537₹560₹530
27 Dec 2024₹547₹557₹531
3 Jan 2025₹524₹552₹530
10 Jan 2025₹492₹543₹529
17 Jan 2025₹524₹537₹528
24 Jan 2025₹501₹533₹528
1 Feb 2025₹535₹533₹528
7 Feb 2025₹543₹534₹528
14 Feb 2025₹508₹531₹528
21 Feb 2025₹516₹529₹527
28 Feb 2025₹511₹528₹527
7 Mar 2025₹530₹526₹527
13 Mar 2025₹490₹522₹526
21 Mar 2025₹548₹523₹526
28 Mar 2025₹541₹527₹527
4 Apr 2025₹546₹529₹527
11 Apr 2025₹536₹530₹527
17 Apr 2025₹575₹534₹528
25 Apr 2025₹569₹541₹531
2 May 2025₹558₹546₹532
9 May 2025₹552₹548₹534
16 May 2025₹595₹555₹536
23 May 2025₹594₹563₹539
30 May 2025₹617₹571₹543
6 Jun 2025₹634₹582₹547
13 Jun 2025₹625₹591₹551
20 Jun 2025₹616₹597₹555
27 Jun 2025₹627₹602₹558
4 Jul 2025₹651₹611₹563
11 Jul 2025₹632₹615₹566
18 Jul 2025₹632₹619₹570
25 Jul 2025₹638₹622₹573
1 Aug 2025₹621₹622₹575
8 Aug 2025₹651₹626₹579
14 Aug 2025₹668₹632₹582
22 Aug 2025₹670₹640₹587
29 Aug 2025₹653₹642₹589
5 Sep 2025₹664₹647₹593
12 Sep 2025₹698₹654₹598
19 Sep 2025₹702₹662₹603
26 Sep 2025₹706₹670₹608
3 Oct 2025₹766₹681₹613
10 Oct 2025₹776₹696₹620
17 Oct 2025₹782₹711₹628
24 Oct 2025₹820₹727₹635
31 Oct 2025₹859₹749₹646
7 Nov 2025₹874₹767₹655
14 Nov 2025₹868₹786₹665
21 Nov 2025₹852₹803₹676
28 Nov 2025₹870₹815₹685
5 Dec 2025₹809₹818₹692
12 Dec 2025₹789₹812₹697
19 Dec 2025₹781₹806₹701
26 Dec 2025₹778₹802₹704
2 Jan 2026₹861₹807₹710
9 Jan 2026₹833₹814₹717
16 Jan 2026₹852₹818₹721
23 Jan 2026₹876₹826₹728
1 Feb 2026₹843₹837₹736
6 Feb 2026₹871₹843₹743
13 Feb 2026₹874₹852₹750
20 Feb 2026₹947₹865₹758
27 Feb 2026₹991₹887₹770
6 Mar 2026₹939₹897₹777
13 Mar 2026₹870₹898₹783
20 Mar 2026₹879₹894₹787
27 Mar 2026₹872₹891₹791
2 Apr 2026₹869₹888₹793
10 Apr 2026₹968₹897₹800
17 Apr 2026₹939₹904₹806
24 Apr 2026₹910₹907₹811
30 Apr 2026₹852₹904₹814
8 May 2026₹866₹895₹816
15 May 2026₹821₹882₹817
22 May 2026₹826₹870₹817
29 May 2026₹833₹865₹817
4 Jun 2026₹837₹860₹818
5 Jun 2026₹842₹859₹818
10 Jun 2026₹833₹858₹819
12 Jun 2026₹846₹857₹819
17 Jun 2026₹876₹857₹821
19 Jun 2026₹870₹858₹822
24 Jun 2026₹844₹857₹822
25 Jun 2026₹833₹856₹823
1 Jul 2026₹821₹852₹822
3 Jul 2026₹799₹848₹822
10 Jul 2026₹871₹840₹821
17 Jul 2026₹832₹839₹822
24 Jul 2026₹826₹839₹822
31 Jul 2026₹837₹837₹823
7 Aug 2026₹890₹842₹825
14 Aug 2026₹895₹851₹828
21 Aug 2026₹877₹855₹830
28 Aug 2026₹882₹860₹833
4 Sep 2026₹880₹864₹835
11 Sep 2026₹854₹863₹837
18 Sep 2026₹840₹860₹837
25 Sep 2026₹832₹856₹837
1 Oct 2026₹793₹847₹835
9 Oct 2026₹830₹842₹834
16 Oct 2026₹854₹842₹835
23 Oct 2026₹837₹843₹835
30 Oct 2026₹866₹844₹836
5 Nov 2026₹892₹847₹837
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.

  • Price ₹892
  • 50-day avg ₹847
  • 200-day avg ₹837
Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹172₹150₹128
12 Nov 2021₹169₹157₹132
26 Nov 2021₹148₹157₹134
10 Dec 2021₹160₹154₹135
24 Dec 2021₹138₹151₹136
7 Jan 2022₹144₹148₹137
21 Jan 2022₹139₹146₹137
4 Feb 2022₹168₹149₹139
18 Feb 2022₹152₹150₹140
4 Mar 2022₹142₹148₹141
17 Mar 2022₹157₹148₹141
1 Apr 2022₹160₹150₹142
13 Apr 2022₹167₹155₹144
29 Apr 2022₹164₹157₹146
13 May 2022₹146₹155₹146
27 May 2022₹163₹156₹147
10 Jun 2022₹164₹159₹149
24 Jun 2022₹153₹156₹149
8 Jul 2022₹160₹155₹149
22 Jul 2022₹178₹161₹152
5 Aug 2022₹175₹166₹154
19 Aug 2022₹178₹170₹156
2 Sep 2022₹192₹175₹159
16 Sep 2022₹196₹184₹163
30 Sep 2022₹197₹188₹166
14 Oct 2022₹192₹190₹168
28 Oct 2022₹245₹201₹173
11 Nov 2022₹261₹218₹181
25 Nov 2022₹272₹236₹189
9 Dec 2022₹273₹251₹198
23 Dec 2022₹272₹263₹206
6 Jan 2023₹293₹272₹214
20 Jan 2023₹287₹277₹221
3 Feb 2023₹295₹282₹228
17 Feb 2023₹289₹284₹233
3 Mar 2023₹292₹281₹237
17 Mar 2023₹273₹279₹241
31 Mar 2023₹289₹279₹244
13 Apr 2023₹287₹281₹247
28 Apr 2023₹322₹292₹253
12 May 2023₹290₹297₹258
26 May 2023₹277₹293₹261
9 Jun 2023₹285₹289₹262
23 Jun 2023₹278₹286₹264
7 Jul 2023₹308₹289₹267
21 Jul 2023₹329₹300₹272
4 Aug 2023₹343₹313₹278
18 Aug 2023₹407₹336₹288
1 Sep 2023₹377₹355₹298
15 Sep 2023₹398₹367₹307
29 Sep 2023₹424₹383₹317
13 Oct 2023₹418₹395₹326
27 Oct 2023₹415₹402₹334
12 Nov 2023₹420₹409₹343
24 Nov 2023₹408₹414₹350
8 Dec 2023₹428₹414₹356
22 Dec 2023₹412₹421₹363
5 Jan 2024₹434₹421₹368
20 Jan 2024₹460₹427₹375
2 Feb 2024₹546₹444₹384
16 Feb 2024₹518₹472₹398
2 Mar 2024₹529₹493₹412
15 Mar 2024₹509₹501₹421
28 Mar 2024₹521₹500₹427
12 Apr 2024₹527₹509₹436
26 Apr 2024₹527₹512₹443
10 May 2024₹514₹518₹451
24 May 2024₹572₹529₹460
7 Jun 2024₹535₹538₹469
21 Jun 2024₹548₹539₹476
5 Jul 2024₹539₹540₹482
19 Jul 2024₹561₹545₹488
2 Aug 2024₹596₹558₹497
16 Aug 2024₹550₹559₹503
30 Aug 2024₹567₹558₹508
13 Sep 2024₹520₹549₹510
27 Sep 2024₹539₹540₹511
11 Oct 2024₹525₹535₹512
25 Oct 2024₹499₹527₹512
8 Nov 2024₹561₹543₹518
22 Nov 2024₹532₹542₹520
6 Dec 2024₹594₹555₹526
20 Dec 2024₹537₹560₹530
3 Jan 2025₹524₹552₹530
17 Jan 2025₹524₹537₹528
1 Feb 2025₹535₹533₹528
14 Feb 2025₹508₹531₹528
28 Feb 2025₹511₹528₹527
13 Mar 2025₹490₹522₹526
28 Mar 2025₹541₹527₹527
11 Apr 2025₹536₹530₹527
25 Apr 2025₹569₹541₹531
9 May 2025₹552₹548₹534
23 May 2025₹594₹563₹539
6 Jun 2025₹634₹582₹547
20 Jun 2025₹616₹597₹555
4 Jul 2025₹651₹611₹563
18 Jul 2025₹632₹619₹570
1 Aug 2025₹621₹622₹575
14 Aug 2025₹668₹632₹582
29 Aug 2025₹653₹642₹589
12 Sep 2025₹698₹654₹598
26 Sep 2025₹706₹670₹608
10 Oct 2025₹776₹696₹620
24 Oct 2025₹820₹727₹635
7 Nov 2025₹874₹767₹655
21 Nov 2025₹852₹803₹676
5 Dec 2025₹809₹818₹692
19 Dec 2025₹781₹806₹701
2 Jan 2026₹861₹807₹710
16 Jan 2026₹852₹818₹721
1 Feb 2026₹843₹837₹736
13 Feb 2026₹874₹852₹750
27 Feb 2026₹991₹887₹770
13 Mar 2026₹870₹898₹783
27 Mar 2026₹872₹891₹791
10 Apr 2026₹968₹897₹800
24 Apr 2026₹910₹907₹811
8 May 2026₹866₹895₹816
22 May 2026₹826₹870₹817
4 Jun 2026₹837₹860₹818
10 Jun 2026₹833₹858₹819
17 Jun 2026₹876₹857₹821
24 Jun 2026₹844₹857₹822
1 Jul 2026₹821₹852₹822
10 Jul 2026₹871₹840₹821
24 Jul 2026₹826₹839₹822
7 Aug 2026₹890₹842₹825
21 Aug 2026₹877₹855₹830
4 Sep 2026₹880₹864₹835
18 Sep 2026₹840₹860₹837
1 Oct 2026₹793₹847₹835
16 Oct 2026₹854₹842₹835
30 Oct 2026₹866₹844₹836
5 Nov 2026₹892₹847₹837
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.

  • Price ₹892
  • 50-day avg ₹847
  • 200-day avg ₹837
Nov 2026: ₹892, 6.6% above its 200-day average. The price has been rising for 13 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹230₹212₹164
18 Nov 2016₹262₹222₹173
9 Dec 2016₹245₹232₹183
30 Dec 2016₹221₹227₹188
20 Jan 2017₹244₹233₹195
10 Feb 2017₹303₹254₹207
3 Mar 2017₹286₹269₹217
24 Mar 2017₹263₹270₹224
13 Apr 2017₹264₹270₹230
5 May 2017₹337₹284₹239
26 May 2017₹326₹311₹254
16 Jun 2017₹308₹311₹262
7 Jul 2017₹299₹302₹266
28 Jul 2017₹309₹308₹272
18 Aug 2017₹304₹304₹276
8 Sep 2017₹272₹297₹278
29 Sep 2017₹261₹286₹277
19 Oct 2017₹258₹279₹276
10 Nov 2017₹405₹308₹285
1 Dec 2017₹392₹352₹302
22 Dec 2017₹392₹367₹313
12 Jan 2018₹374₹372₹322
2 Feb 2018₹340₹372₹329
23 Feb 2018₹318₹355₹329
16 Mar 2018₹306₹332₹326
6 Apr 2018₹321₹319₹322
27 Apr 2018₹314₹316₹321
18 May 2018₹301₹316₹320
8 Jun 2018₹368₹323₹322
29 Jun 2018₹344₹336₹326
20 Jul 2018₹310₹336₹328
10 Aug 2018₹346₹344₹331
31 Aug 2018₹332₹340₹332
21 Sep 2018₹273₹328₹329
12 Oct 2018₹237₹289₹317
2 Nov 2018₹248₹266₹306
22 Nov 2018₹227₹253₹297
14 Dec 2018₹240₹241₹287
4 Jan 2019₹250₹242₹282
25 Jan 2019₹238₹246₹277
15 Feb 2019₹213₹233₹269
8 Mar 2019₹253₹232₹264
29 Mar 2019₹280₹247₹264
18 Apr 2019₹265₹258₹265
10 May 2019₹244₹254₹263
31 May 2019₹276₹255₹262
21 Jun 2019₹261₹259₹263
12 Jul 2019₹242₹256₹261
2 Aug 2019₹184₹235₹254
23 Aug 2019₹167₹214₹246
13 Sep 2019₹165₹198₹237
4 Oct 2019₹120₹173₹225
27 Oct 2019₹126₹151₹211
15 Nov 2019₹117₹140₹201
6 Dec 2019₹119₹132₹190
27 Dec 2019₹105₹123₹180
17 Jan 2020₹102₹113₹169
7 Feb 2020₹97₹107₹159
28 Feb 2020₹74₹97₹149
20 Mar 2020₹52₹81₹137
9 Apr 2020₹48₹67₹127
30 Apr 2020₹52₹60₹117
22 May 2020₹44₹54₹107
12 Jun 2020₹55₹52₹100
3 Jul 2020₹65₹57₹95
24 Jul 2020₹60₹59₹90
14 Aug 2020₹62₹60₹86
4 Sep 2020₹63₹62₹83
25 Sep 2020₹55₹61₹80
16 Oct 2020₹58₹60₹77
6 Nov 2020₹60₹60₹75
27 Nov 2020₹68₹62₹73
18 Dec 2020₹87₹71₹74
8 Jan 2021₹87₹78₹76
29 Jan 2021₹89₹84₹78
19 Feb 2021₹142₹103₹84
12 Mar 2021₹132₹118₹91
1 Apr 2021₹118₹118₹95
23 Apr 2021₹107₹114₹96
14 May 2021₹126₹115₹99
4 Jun 2021₹143₹126₹104
25 Jun 2021₹149₹134₹110
16 Jul 2021₹138₹137₹114
6 Aug 2021₹135₹137₹117
27 Aug 2021₹123₹132₹118
17 Sep 2021₹137₹130₹120
8 Oct 2021₹142₹133₹122
29 Oct 2021₹172₹150₹128
18 Nov 2021₹160₹158₹133
10 Dec 2021₹160₹154₹135
31 Dec 2021₹140₹148₹136
21 Jan 2022₹139₹146₹137
11 Feb 2022₹153₹150₹140
4 Mar 2022₹142₹148₹141
25 Mar 2022₹149₹149₹142
13 Apr 2022₹167₹155₹144
6 May 2022₹153₹157₹146
27 May 2022₹163₹156₹147
17 Jun 2022₹146₹158₹149
8 Jul 2022₹160₹155₹149
29 Jul 2022₹177₹164₹153
19 Aug 2022₹178₹170₹156
9 Sep 2022₹204₹179₹161
30 Sep 2022₹197₹188₹166
21 Oct 2022₹226₹195₹171
11 Nov 2022₹261₹218₹181
2 Dec 2022₹282₹243₹193
23 Dec 2022₹272₹263₹206
13 Jan 2023₹285₹275₹218
3 Feb 2023₹295₹282₹228
24 Feb 2023₹273₹283₹236
17 Mar 2023₹273₹279₹241
6 Apr 2023₹289₹280₹245
28 Apr 2023₹322₹292₹253
19 May 2023₹286₹296₹260
9 Jun 2023₹285₹289₹262
30 Jun 2023₹293₹286₹265
21 Jul 2023₹329₹300₹272
11 Aug 2023₹388₹325₹283
1 Sep 2023₹377₹355₹298
22 Sep 2023₹421₹374₹311
13 Oct 2023₹418₹395₹326
3 Nov 2023₹430₹406₹338
24 Nov 2023₹408₹414₹350
15 Dec 2023₹454₹419₹360
5 Jan 2024₹434₹421₹368
25 Jan 2024₹461₹429₹377
16 Feb 2024₹518₹472₹398
7 Mar 2024₹545₹499₹416
28 Mar 2024₹521₹500₹427
19 Apr 2024₹512₹510₹439
10 May 2024₹514₹518₹451
31 May 2024₹568₹537₹466
21 Jun 2024₹548₹539₹476
12 Jul 2024₹559₹541₹485
2 Aug 2024₹596₹558₹497
23 Aug 2024₹548₹558₹505
13 Sep 2024₹520₹549₹510
4 Oct 2024₹523₹538₹512
25 Oct 2024₹499₹527₹512
14 Nov 2024₹537₹544₹520
6 Dec 2024₹594₹555₹526
27 Dec 2024₹547₹557₹531
17 Jan 2025₹524₹537₹528
7 Feb 2025₹543₹534₹528
28 Feb 2025₹511₹528₹527
21 Mar 2025₹548₹523₹526
11 Apr 2025₹536₹530₹527
2 May 2025₹558₹546₹532
23 May 2025₹594₹563₹539
13 Jun 2025₹625₹591₹551
4 Jul 2025₹651₹611₹563
25 Jul 2025₹638₹622₹573
14 Aug 2025₹668₹632₹582
5 Sep 2025₹664₹647₹593
26 Sep 2025₹706₹670₹608
17 Oct 2025₹782₹711₹628
7 Nov 2025₹874₹767₹655
28 Nov 2025₹870₹815₹685
19 Dec 2025₹781₹806₹701
9 Jan 2026₹833₹814₹717
1 Feb 2026₹843₹837₹736
20 Feb 2026₹947₹865₹758
13 Mar 2026₹870₹898₹783
2 Apr 2026₹869₹888₹793
24 Apr 2026₹910₹907₹811
15 May 2026₹821₹882₹817
4 Jun 2026₹837₹860₹818
12 Jun 2026₹846₹857₹819
24 Jun 2026₹844₹857₹822
3 Jul 2026₹799₹848₹822
24 Jul 2026₹826₹839₹822
14 Aug 2026₹895₹851₹828
4 Sep 2026₹880₹864₹835
25 Sep 2026₹832₹856₹837
16 Oct 2026₹854₹842₹835
5 Nov 2026₹892₹847₹837
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Jul 2026; Sideways from Jul 2026 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2025; Falling in Mar 2025; Sideways from Apr 2025 to May 2025; Rising from May 2025 to Jul 2026; Sideways from Jul 2026 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Oct 2026.

Price stage: Rising from Oct 2016 to Mar 2018; Falling from Apr 2018 to Jun 2018; Rising from Jul 2018 to Sep 2018; Falling from Oct 2018 to Jan 2021; Rising from Jan 2021 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 331 of 551 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
26 Feb 2016no NIFTY 500 reading
4 Mar 2016no NIFTY 500 reading
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016+8.6%
3 Jun 2016−18.2%
10 Jun 2016−5.1%
17 Jun 2016+14.0%
24 Jun 2016+18.6%
1 Jul 2016+24.6%
8 Jul 2016+42.5%
15 Jul 2016+49.6%
22 Jul 2016+35.7%
29 Jul 2016+50.5%
5 Aug 2016+111.4%
12 Aug 2016+113.5%
19 Aug 2016+142.8%
26 Aug 2016+131.0%
2 Sep 2016+128.1%
9 Sep 2016+109.3%
16 Sep 2016+65.9%
23 Sep 2016+51.2%
30 Sep 2016+41.8%
7 Oct 2016+41.8%
14 Oct 2016+29.5%
21 Oct 2016+52.0%
30 Oct 2016+45.6%
4 Nov 2016+2.4%
11 Nov 2016+28.3%
18 Nov 2016+21.1%
25 Nov 2016+14.3%
2 Dec 2016+19.3%
9 Dec 2016+13.0%
16 Dec 2016+14.6%
23 Dec 2016+6.8%
30 Dec 2016+11.7%
6 Jan 2017+10.3%
13 Jan 2017+20.6%
20 Jan 2017+9.2%
27 Jan 2017+12.4%
3 Feb 2017+36.1%
10 Feb 2017+12.3%
17 Feb 2017−1.1%
23 Feb 2017+10.7%
3 Mar 2017+6.9%
10 Mar 2017−3.0%
17 Mar 2017+9.6%
24 Mar 2017+9.6%
31 Mar 2017+10.9%
7 Apr 2017+3.4%
13 Apr 2017−3.5%
21 Apr 2017−4.5%
28 Apr 2017+9.9%
5 May 2017+6.4%
12 May 2017+5.4%
19 May 2017+13.4%
26 May 2017+4.3%
2 Jun 2017+1.7%
9 Jun 2017+7.7%
16 Jun 2017+0.1%
23 Jun 2017+5.7%
30 Jun 2017−2.9%
7 Jul 2017+4.4%
14 Jul 2017+12.0%
21 Jul 2017+20.2%
28 Jul 2017−10.1%
4 Aug 2017−13.4%
11 Aug 2017−23.9%
18 Aug 2017−17.6%
24 Aug 2017−13.3%
1 Sep 2017−12.1%
8 Sep 2017−16.6%
15 Sep 2017−13.8%
22 Sep 2017−8.9%
29 Sep 2017−10.5%
6 Oct 2017−12.2%
13 Oct 2017−17.4%
19 Oct 2017−25.2%
27 Oct 2017−5.8%
3 Nov 2017+8.6%
10 Nov 2017+40.9%
17 Nov 2017+28.5%
24 Nov 2017+32.9%
1 Dec 2017+31.6%
8 Dec 2017+38.6%
15 Dec 2017+30.5%
22 Dec 2017+33.3%
29 Dec 2017+35.8%
5 Jan 2018+31.0%
12 Jan 2018+29.3%
19 Jan 2018+39.0%
25 Jan 2018+18.3%
2 Feb 2018−3.0%
9 Feb 2018−20.2%
16 Feb 2018−18.0%
23 Feb 2018−22.9%
1 Mar 2018−18.4%
9 Mar 2018−28.2%
16 Mar 2018−15.7%
23 Mar 2018−22.7%
28 Mar 2018−15.5%
6 Apr 2018−11.3%
13 Apr 2018−10.3%
20 Apr 2018−15.5%
27 Apr 2018−14.3%
4 May 2018−11.2%
11 May 2018−6.3%
18 May 2018−9.7%
25 May 2018−0.3%
1 Jun 2018+3.4%
8 Jun 2018+29.5%
15 Jun 2018+11.1%
22 Jun 2018+20.2%
29 Jun 2018+12.2%
6 Jul 2018+5.6%
13 Jul 2018+4.7%
20 Jul 2018+1.4%
27 Jul 2018+10.3%
3 Aug 2018+14.2%
10 Aug 2018+4.6%
17 Aug 2018+4.8%
24 Aug 2018−4.3%
31 Aug 2018−7.6%
7 Sep 2018−15.1%
14 Sep 2018−11.1%
21 Sep 2018−22.7%
28 Sep 2018−32.3%
5 Oct 2018−26.6%
12 Oct 2018−23.7%
19 Oct 2018−18.7%
26 Oct 2018−27.8%
2 Nov 2018−23.5%
9 Nov 2018−25.4%
16 Nov 2018−23.5%
22 Nov 2018−20.9%
30 Nov 2018−23.3%
7 Dec 2018−25.9%
14 Dec 2018−22.4%
21 Dec 2018−9.4%
28 Dec 2018+6.2%
4 Jan 2019+4.5%
11 Jan 2019+2.5%
18 Jan 2019+4.3%
25 Jan 2019+5.7%
1 Feb 2019−12.0%
8 Feb 2019−6.7%
15 Feb 2019−6.1%
22 Feb 2019−2.3%
1 Mar 2019−2.4%
8 Mar 2019+11.4%
15 Mar 2019+8.0%
22 Mar 2019+5.4%
29 Mar 2019+9.4%
5 Apr 2019+4.1%
12 Apr 2019+1.6%
18 Apr 2019+1.0%
26 Apr 2019−2.2%
3 May 2019+10.9%
10 May 2019+11.2%
17 May 2019+2.2%
24 May 2019+11.1%
31 May 2019+13.5%
7 Jun 2019+2.1%
14 Jun 2019−0.9%
21 Jun 2019−3.3%
28 Jun 2019−8.3%
5 Jul 2019−3.8%
12 Jul 2019−9.4%
19 Jul 2019−11.0%
26 Jul 2019−9.8%
2 Aug 2019−22.4%
9 Aug 2019−17.4%
16 Aug 2019−14.3%
23 Aug 2019−29.2%
30 Aug 2019−17.1%
6 Sep 2019−30.8%
13 Sep 2019−30.7%
20 Sep 2019−37.1%
27 Sep 2019−43.3%
4 Oct 2019−51.1%
11 Oct 2019−51.1%
18 Oct 2019−47.9%
27 Oct 2019−48.1%
1 Nov 2019−37.6%
8 Nov 2019−44.4%
15 Nov 2019−46.4%
22 Nov 2019−37.9%
29 Nov 2019−46.3%
6 Dec 2019−34.4%
13 Dec 2019−39.6%
20 Dec 2019−36.3%
27 Dec 2019−28.5%
3 Jan 2020−20.7%
10 Jan 2020−20.4%
17 Jan 2020−22.1%
24 Jan 2020−18.3%
1 Feb 2020−27.0%
7 Feb 2020−26.0%
14 Feb 2020−29.6%
20 Feb 2020−28.0%
28 Feb 2020−37.2%
6 Mar 2020−30.8%
13 Mar 2020−23.5%
20 Mar 2020−19.4%
27 Mar 2020−25.2%
3 Apr 2020−29.6%
9 Apr 2020−24.7%
17 Apr 2020−30.3%
24 Apr 2020−32.6%
30 Apr 2020−24.3%
8 May 2020−28.2%
15 May 2020−18.7%
22 May 2020−25.9%
29 May 2020−29.5%
5 Jun 2020−19.1%
12 Jun 2020−19.0%
19 Jun 2020−19.1%
26 Jun 2020+20.3%
3 Jul 2020+21.4%
10 Jul 2020+16.2%
17 Jul 2020+12.7%
24 Jul 2020+7.4%
31 Jul 2020−7.4%
7 Aug 2020+5.6%
14 Aug 2020+4.4%
21 Aug 2020+19.5%
28 Aug 2020+41.2%
4 Sep 2020+5.6%
11 Sep 2020−5.2%
18 Sep 2020−0.6%
25 Sep 2020−26.3%
1 Oct 2020−21.3%
9 Oct 2020−18.1%
16 Oct 2020−14.4%
23 Oct 2020−4.0%
30 Oct 2020−8.4%
6 Nov 2020−9.4%
14 Nov 2020−11.8%
20 Nov 2020−12.6%
27 Nov 2020−16.0%
4 Dec 2020−5.1%
11 Dec 2020+21.8%
18 Dec 2020+22.4%
24 Dec 2020+33.6%
1 Jan 2021+32.9%
8 Jan 2021+21.4%
15 Jan 2021+35.9%
22 Jan 2021+28.5%
29 Jan 2021+28.1%
5 Feb 2021+92.1%
12 Feb 2021+78.2%
19 Feb 2021+107.9%
26 Feb 2021+84.1%
5 Mar 2021+76.8%
12 Mar 2021+44.2%
19 Mar 2021+28.1%
26 Mar 2021+29.9%
1 Apr 2021+27.3%
9 Apr 2021+34.3%
16 Apr 2021+12.5%
23 Apr 2021+9.5%
30 Apr 2021+22.4%
7 May 2021−12.3%
14 May 2021+0.4%
21 May 2021−5.9%
28 May 2021+0.8%
4 Jun 2021−2.5%
11 Jun 2021−2.8%
18 Jun 2021+7.0%
25 Jun 2021+16.2%
2 Jul 2021+11.2%
9 Jul 2021+3.2%
16 Jul 2021+21.9%
23 Jul 2021+21.1%
30 Jul 2021+13.8%
6 Aug 2021+9.1%
13 Aug 2021−6.8%
20 Aug 2021−21.5%
27 Aug 2021−23.1%
3 Sep 2021−23.0%
9 Sep 2021−22.3%
17 Sep 2021−13.7%
24 Sep 2021−25.6%
1 Oct 2021−11.3%
8 Oct 2021−10.4%
14 Oct 2021+3.7%
22 Oct 2021+17.4%
29 Oct 2021+14.4%
4 Nov 2021+15.9%
12 Nov 2021+20.4%
18 Nov 2021+24.9%
26 Nov 2021+18.1%
3 Dec 2021+11.9%
10 Dec 2021+28.7%
17 Dec 2021+6.1%
24 Dec 2021+8.7%
31 Dec 2021−3.3%
7 Jan 2022+1.6%
14 Jan 2022−10.6%
21 Jan 2022−19.5%
28 Jan 2022−12.9%
4 Feb 2022+0.7%
11 Feb 2022−5.0%
18 Feb 2022−1.5%
25 Feb 2022−0.3%
4 Mar 2022+6.8%
11 Mar 2022−4.2%
17 Mar 2022+9.7%
25 Mar 2022+8.1%
1 Apr 2022+15.1%
8 Apr 2022+21.4%
13 Apr 2022+18.6%
22 Apr 2022+16.5%
29 Apr 2022+14.8%
6 May 2022−0.7%
13 May 2022+0.9%
20 May 2022+9.8%
27 May 2022+16.3%
3 Jun 2022+16.3%
10 Jun 2022+17.7%
17 Jun 2022+4.3%
24 Jun 2022+12.4%
1 Jul 2022+4.5%
8 Jul 2022+3.5%
15 Jul 2022+7.2%
22 Jul 2022+13.7%
29 Jul 2022+4.6%
5 Aug 2022+5.1%
12 Aug 2022+14.8%
19 Aug 2022+1.6%
26 Aug 2022+9.6%
2 Sep 2022+6.5%
9 Sep 2022+7.7%
16 Sep 2022+16.7%
23 Sep 2022+20.1%
30 Sep 2022+21.8%
7 Oct 2022+18.6%
14 Oct 2022+5.6%
21 Oct 2022+20.6%
28 Oct 2022+34.4%
4 Nov 2022+39.2%
11 Nov 2022+41.1%
18 Nov 2022+51.7%
25 Nov 2022+36.6%
2 Dec 2022+43.7%
9 Dec 2022+31.8%
16 Dec 2022+49.1%
23 Dec 2022+32.2%
30 Dec 2022+42.1%
6 Jan 2023+41.4%
13 Jan 2023+45.7%
20 Jan 2023+26.7%
27 Jan 2023+19.6%
3 Feb 2023+21.5%
10 Feb 2023+15.1%
17 Feb 2023+10.6%
24 Feb 2023+8.3%
3 Mar 2023+9.4%
10 Mar 2023+16.3%
17 Mar 2023−0.3%
24 Mar 2023+6.5%
31 Mar 2023+5.6%
6 Apr 2023+0.7%
13 Apr 2023+4.5%
21 Apr 2023+6.5%
28 Apr 2023+11.3%
5 May 2023+9.7%
12 May 2023−2.5%
19 May 2023−6.4%
26 May 2023−5.8%
2 Jun 2023−10.7%
9 Jun 2023−13.6%
16 Jun 2023−9.0%
23 Jun 2023−10.7%
30 Jun 2023−11.4%
7 Jul 2023−4.6%
14 Jul 2023−1.1%
21 Jul 2023−4.2%
28 Jul 2023−3.5%
4 Aug 2023−6.5%
11 Aug 2023+24.5%
18 Aug 2023+33.0%
25 Aug 2023+34.9%
1 Sep 2023+25.6%
8 Sep 2023+27.4%
15 Sep 2023+33.6%
22 Sep 2023+45.1%
29 Sep 2023+41.6%
6 Oct 2023+33.6%
13 Oct 2023+26.7%
20 Oct 2023+30.0%
27 Oct 2023+21.1%
3 Nov 2023+23.8%
12 Nov 2023+3.7%
17 Nov 2023+2.0%
24 Nov 2023−2.2%
1 Dec 2023−1.7%
8 Dec 2023+3.1%
15 Dec 2023+6.5%
22 Dec 2023−13.3%
29 Dec 2023−13.7%
5 Jan 2024−10.2%
12 Jan 2024−8.7%
20 Jan 2024−7.6%
25 Jan 2024−7.3%
2 Feb 2024+10.3%
9 Feb 2024+13.5%
16 Feb 2024+5.8%
23 Feb 2024+16.9%
2 Mar 2024+26.7%
7 Mar 2024+22.6%
15 Mar 2024+7.7%
22 Mar 2024+14.6%
28 Mar 2024+17.3%
5 Apr 2024+16.0%
12 Apr 2024+16.6%
19 Apr 2024+4.8%
26 Apr 2024+8.3%
3 May 2024−3.3%
10 May 2024−7.4%
18 May 2024−1.2%
24 May 2024+2.7%
31 May 2024+0.1%
7 Jun 2024−13.8%
14 Jun 2024−7.0%
21 Jun 2024+0.2%
28 Jun 2024−6.1%
5 Jul 2024−9.1%
12 Jul 2024−7.5%
19 Jul 2024−1.0%
26 Jul 2024−1.6%
2 Aug 2024−0.8%
9 Aug 2024+3.0%
16 Aug 2024−8.2%
23 Aug 2024−15.2%
30 Aug 2024−12.8%
6 Sep 2024−9.3%
13 Sep 2024−11.4%
20 Sep 2024−15.6%
27 Sep 2024−7.3%
4 Oct 2024−5.6%
11 Oct 2024−8.1%
18 Oct 2024−7.2%
25 Oct 2024−10.9%
1 Nov 2024−2.6%
8 Nov 2024+0.4%
14 Nov 2024+3.4%
22 Nov 2024+0.9%
29 Nov 2024+4.0%
6 Dec 2024+14.3%
13 Dec 2024+14.2%
20 Dec 2024+13.5%
27 Dec 2024+9.2%
3 Jan 2025+6.0%
10 Jan 2025+2.8%
17 Jan 2025+7.4%
24 Jan 2025+7.2%
1 Feb 2025−3.1%
7 Feb 2025+1.4%
14 Feb 2025+0.5%
21 Feb 2025+7.1%
28 Feb 2025+1.3%
7 Mar 2025+2.4%
13 Mar 2025−5.4%
21 Mar 2025+7.0%
28 Mar 2025+3.9%
4 Apr 2025+12.6%
11 Apr 2025+9.5%
17 Apr 2025+5.7%
25 Apr 2025+9.9%
2 May 2025+2.9%
9 May 2025−6.0%
16 May 2025+7.3%
23 May 2025+3.6%
30 May 2025+8.1%
6 Jun 2025+4.4%
13 Jun 2025+17.5%
20 Jun 2025+2.9%
27 Jun 2025+5.1%
4 Jul 2025+3.4%
11 Jul 2025+8.2%
18 Jul 2025+4.5%
25 Jul 2025+7.5%
1 Aug 2025+8.6%
8 Aug 2025+17.0%
14 Aug 2025+10.6%
22 Aug 2025+12.9%
29 Aug 2025+5.7%
5 Sep 2025+5.9%
12 Sep 2025+9.4%
19 Sep 2025+14.5%
26 Sep 2025+15.3%
3 Oct 2025+19.7%
10 Oct 2025+23.3%
17 Oct 2025+22.4%
24 Oct 2025+24.6%
31 Oct 2025+33.8%
7 Nov 2025+29.3%
14 Nov 2025+26.7%
21 Nov 2025+21.9%
28 Nov 2025+29.5%
5 Dec 2025+20.3%
12 Dec 2025+12.9%
19 Dec 2025+8.5%
26 Dec 2025+6.1%
2 Jan 2026+8.5%
9 Jan 2026+6.9%
16 Jan 2026+12.8%
23 Jan 2026+10.5%
1 Feb 2026−0.8%
6 Feb 2026−0.1%
13 Feb 2026+1.7%
20 Feb 2026+13.4%
27 Feb 2026+19.3%
6 Mar 2026+20.1%
13 Mar 2026+17.0%
20 Mar 2026+22.4%
27 Mar 2026+24.3%
2 Apr 2026+8.8%
10 Apr 2026+19.9%
17 Apr 2026+9.6%
24 Apr 2026+4.7%
30 Apr 2026+2.3%
8 May 2026+4.6%
15 May 2026−1.4%
22 May 2026−9.5%
29 May 2026−17.0%
4 Jun 2026−10.8%
5 Jun 2026−5.7%
10 Jun 2026−10.4%
12 Jun 2026−11.0%
17 Jun 2026−3.7%
19 Jun 2026−12.5%
24 Jun 2026−10.7%
25 Jun 2026−9.6%
1 Jul 2026−4.4%
3 Jul 2026−11.1%
10 Jul 2026+2.5%
17 Jul 2026−2.2%
24 Jul 2026−2.0%
31 Jul 2026−4.5%
7 Aug 2026+0.1%
14 Aug 2026+3.0%
21 Aug 2026−0.4%
28 Aug 2026−1.0%
4 Sep 2026+0.6%
11 Sep 2026+2.2%
18 Sep 2026+2.0%
25 Sep 2026+4.3%
1 Oct 2026+5.5%
9 Oct 2026+1.6%
16 Oct 2026+7.2%
23 Oct 2026+7.8%
30 Oct 2026+10.1%
5 Nov 2026+8.0%
Each bar is one week, from 2016 to now (551 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +1,055% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Indian Bank this quarter?

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), bad loans at their lowest share in 16 quarters and foreign funds (FIIs) raised their stake for 5 quarters in a row.

  1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹19,149 crore, +15.2% on a year earlier.

    Why: Revenue rose because the bank made more loans, including loans backed by foreign currency deposits.

    Next results: check loan growth without the temporary loans backed by foreign currency deposits and whether the corporate loan pipeline turns into loans without looser lending checks.

    From the earnings call on 15 Oct 2026.

  2. Bad loans at their lowest share in 16 quarters

    Gross NPA, the share of loans not being repaid, was 1.61% in the September 2026 quarter, from 2.6% a year earlier.

    Why: Bad loans fell because the bank recovered money from both large and small borrowers.

    Next results: check whether early stress loans keep falling and whether recoveries stay ahead of new bad loans.

    From the earnings call on 15 Oct 2026.

  3. Foreign funds (FIIs) raised their stake for 5 quarters in a row

    From 4.5% to 6.9% of the company by the September 2026 quarter.

What dividend does Indian Bank pay?

Indian Bank paid ₹18.25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 2.05% at the ₹892.15 close on 5 November 2026. The last was a dividend of ₹18.25 a share, ex-date 10 June 2026.

Indian Bank dividends since 1 April 2021

Indian Bank dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
10 Jun 2026Dividend₹18.25Dividendsame day
10 Jun 2025Dividend₹16.25Dividendsame day
7 Jun 2024Dividend₹12Dividendsame day
12 Jun 2023Dividend₹8.60Dividend—
14 Jun 2022Dividend₹6.50Dividend—
8 Jul 2021Dividend₹2Dividend9 Jul 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Indian Bank paid out 21% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What are Indian Bank's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Indian Bank reported total income of ₹19,149 crore, up 15.2% from ₹16,628 crore a year earlier, and a profit of ₹3,541 crore, up 13.9% from ₹3,109 crore.

Indian Bank results: July to September 2026 against a year earlier

Indian Bank results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Total income₹19,149 crore₹16,628 crore+15.2%
Profit₹3,541 crore₹3,109 crore+13.9%
Earnings per share₹26.29₹23.07+14.0%
Net margin18.5%18.7%−0.2 points
Gross bad loans (gross NPA)1.61%2.60%−0.99 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Indian Bank's management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

What is the Indian Bank share price history?

Indian Bank closed at ₹892.15 on 5 November 2026, up 2.1% from ₹873.95 a year earlier (7 November 2025) and up 416.1% over five years. Its highest weekly close since February 2016 was ₹990.50 on 27 February 2026.

Indian Bank share price: then and now

Indian Bank share price: then and now
WhenCloseChange to 5 Nov 2026
1 week ago · 30 Oct 2026₹865.50+3.1%
1 month ago · 9 Oct 2026₹829.80+7.5%
6 months ago · 8 May 2026₹865.55+3.1%
1 year ago · 7 Nov 2025₹873.95+2.1%
3 years ago · 3 Nov 2023₹430.40+107.3%
5 years ago · 4 Nov 2021₹172.85+416.1%
10 years ago · 4 Nov 2016₹206.00+333.1%
Earliest weekly close in our records · 26 Feb 2016₹77.25+1,054.9%
Highest weekly close since February 2016, also the 52-week high · 27 Feb 2026₹990.50−9.9%
Lowest weekly close since February 2016 · 29 May 2020₹43.75+1,939.2%
52-week low (weekly close) · 26 Dec 2025₹778.45+14.6%

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 26 February 2016 to 5 November 2026.

What is the latest news on Indian Bank?

5 Nov 2026: Indian Bank closed at ₹892.15, up 3.1% on the week and up 7.5% on the month. 15 Oct 2026: Indian Bank held its results call for July to September 2026. Management guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%.

Earlier

  • Results for July to September 2026: Total income up 15.2% and profit up 13.9% on a year earlier.
  • 10 Jun 2026: ex-date for a dividend of ₹18.25 a share.

What did Indian Bank management say on the latest results call?

On the call for July to September 2026, held on 15 October 2026, Indian Bank's management guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%.

“I am not chasing growth. I am not chasing growth. Growth of 12-13% is acceptable to me.”Vinod Kumar, MD & CEO, on the call for July to September 2026

What management guided

  • Rest-of-year advances growth expected at 14-15%, with corporate growth planned at 10-12%.
  • Q3 NIM expansion of 5-6 basis points.
  • Recovery expected to outperform unchanged guidance.
  • Total ECL credit-book impact expected at ₹3,500 crore; steady-state recurring credit-cost estimate 10-15 basis points.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

What to watch in Indian Bank's next results?

When Indian Bank reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Deposit mix: check whether CASA gains offset FCNR-related sequential pressure and support the stated funding trajectory.

Indian Bank: what to watch next quarter
What to check (from the call)
Deposit mix: check whether CASA gains offset FCNR-related sequential pressure and support the stated funding trajectory.
Advances: test growth excluding FCNR-backed loans and conversion of the corporate pipeline without weaker underwriting.
Margins: compare repo pass-through with deposit repricing lag and the expected sequential NIM expansion.
Credit quality: track SMA movement, recoveries versus slippages, and whether the ECL run-rate stays within management's assumptions.

Which stock lists is Indian Bank on?

Indian Bank is on 3 of our India lists: Momentum stocks, Dividend stocks and Bank stocks.

Is Indian Bank profitable?

Indian Bank earned ₹3,541 Cr of net profit in the Sep 2026 quarter, +13.9% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹11,707 Cr. Over 10 years profit has grown 31.6% a year on average. That is 18.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹3,109 Cr.

For the full year, FY26 profit was ₹11,707 Cr (+3.9% on the year before).

FY26 profit ₹11,707 Cr (+3.9% on the year before), 31.6% a year over 10 years

  • Net profit ₹11,707
FY26 profit ₹11,707 Cr (+3.9% on the year before), 31.6% a year over 10 years
QuarterNet profit
FY16₹752
FY17₹1,455
FY18₹1,311
FY19₹381
FY20₹862
FY21₹3,151
FY22₹4,144
FY23₹5,574
FY24₹8,423
FY25₹11,264
FY26₹11,707

Growth on a year earlier

  • Growth on a year earlier 3.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16−28.4%
FY1793.5%
FY18−9.9%
FY19−70.9%
FY20126.2%
FY21265.5%
FY2231.5%
FY2334.5%
FY2451.1%
FY2533.7%
FY263.9%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹3,541 Cr (+13.9% on a year earlier), the 5th quarter in a row of growth

  • Net profit (quarterly) ₹3,541
Sep 2026: ₹3,541 Cr (+13.9% on a year earlier), the 5th quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹2,207
Mar 2024₹2,296
Jun 2024₹2,571
Sep 2024₹2,801
Dec 2024₹2,910
Mar 2025₹2,982
Jun 2025₹2,277
Sep 2025₹3,109
Dec 2025₹3,148
Mar 2026₹3,174
Jun 2026₹3,357
Sep 2026₹3,541

Growth on a year earlier

  • Growth on a year earlier 13.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202351.7%
Mar 202451.1%
Jun 202439%
Sep 202435.4%
Dec 202431.9%
Mar 202529.9%
Jun 2025−11.4%
Sep 202511%
Dec 20258.2%
Mar 20266.4%
Jun 202647.4%
Sep 202613.9%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +15.2% on a year earlier and the margin moved −0.2 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +19.0% and revenue +11.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Indian Bank make, and is it growing?

Indian Bank reported ₹19,149 Cr of income in the Sep 2026 quarter, +15.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 15.3% a year on average. The last full year, FY26, came in at ₹67,504 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹71,834 Cr.

FY26 revenue was ₹67,504 Cr, +8.8% on the year before.

FY26 revenue ₹67,504 Cr (+8.8% on the year before), 15.3% a year over 10 years

  • Revenue ₹67,504
FY26 revenue ₹67,504 Cr (+8.8% on the year before), 15.3% a year over 10 years
QuarterRevenue
FY16₹16,244
FY17₹16,039
FY18₹17,115
FY19₹19,182
FY20₹21,401
FY21₹39,108
FY22₹38,888
FY23₹44,985
FY24₹55,650
FY25₹62,039
FY26₹67,504

Growth on a year earlier

  • Growth on a year earlier 8.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY162.5%
FY17−1.3%
FY186.7%
FY1912.1%
FY2011.6%
FY2182.7%
FY22−0.6%
FY2315.7%
FY2423.7%
FY2511.5%
FY268.8%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹19,149 Cr (+15.2% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹19,149
Sep 2026: ₹19,149 Cr (+15.2% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹14,203
Mar 2024₹14,633
Jun 2024₹15,041
Sep 2024₹15,369
Dec 2024₹15,770
Mar 2025₹15,860
Jun 2025₹16,285
Sep 2025₹16,628
Dec 2025₹17,102
Mar 2026₹17,488
Jun 2026₹18,095
Sep 2026₹19,149

Growth on a year earlier

  • Growth on a year earlier 15.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202320%
Mar 202419.4%
Jun 202415.3%
Sep 202411.7%
Dec 202411%
Mar 20258.4%
Jun 20258.3%
Sep 20258.2%
Dec 20258.4%
Mar 202610.3%
Jun 202611.1%
Sep 202615.2%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +11.3% on average, against 15.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.3%, against +10.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +17.2%, against +15.7% a year (stabilising).

How much does Indian Bank keep from what it earns?

Indian Bank's net margin was 18.5% in the Sep 2026 quarter, 0.2 percentage points lower than the same quarter a year ago. Across 13 years it has been between 2.0% and 18.2%. The latest quarter is above every full year in that period.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY26: 17.3%, within a range of 2.0% to 18.2% over 13 years

  • Net margin 17.3%
FY26: 17.3%, within a range of 2.0% to 18.2% over 13 years
QuarterNet margin
FY147.8%
FY156.6%
FY164.6%
FY179.1%
FY187.7%
FY192%
FY204%
FY218.1%
FY2210.7%
FY2312.4%
FY2415.1%
FY2518.2%
FY2617.3%

Change on the year before (points)

  • Change on the year before (points) −0.9 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15−1.2 pts
FY16−2.0 pts
FY17+4.5 pts
FY18−1.4 pts
FY19−5.7 pts
FY20+2.0 pts
FY21+4.1 pts
FY22+2.6 pts
FY23+1.7 pts
FY24+2.7 pts
FY25+3.1 pts
FY26−0.9 pts
Net margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: net margin 18.5% (−0.2 points on a year earlier)

  • Net margin 18.5%
Sep 2026: net margin 18.5% (−0.2 points on a year earlier)
QuarterNet margin
Dec 202315.5%
Mar 202415.7%
Jun 202417.1%
Sep 202418.2%
Dec 202418.5%
Mar 202518.8%
Jun 202514%
Sep 202518.7%
Dec 202518.4%
Mar 202618.1%
Jun 202618.6%
Sep 202618.5%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.2 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+3.2 pts
Mar 2024+3.3 pts
Jun 2024+2.9 pts
Sep 2024+3.2 pts
Dec 2024+3.0 pts
Mar 2025+3.1 pts
Jun 2025−3.1 pts
Sep 2025+0.5 pts
Dec 2025−0.1 pts
Mar 2026−0.7 pts
Jun 2026+4.6 pts
Sep 2026−0.2 pts
Top: quarterly net margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Net profit as a share of total revenue, each quarter.

How many of Indian Bank's loans have gone bad?

Indian Bank's gross NPA, the share of loans that have stopped being repaid, is 1.61% in Sep 2026, down from 2.60% a year ago. After the money already set aside for bad loans, 0.14% is left (net NPA). That is the 11th quarter in a row of improvement.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Across the 12 quarters on file it has been between 1.61% and 4.47%. Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Sep 2026, gross NPA was 1.61% and net NPA 0.14%, against 2.60% and 0.16% a year ago.

Year ends: gross NPA 3.95% (Mar 2024) to 1.98% (Mar 2026)

  • Gross NPA 1.98%
  • Net NPA 0.15%
Year ends: gross NPA 3.95% (Mar 2024) to 1.98% (Mar 2026)
QuarterGross NPANet NPA
Mar 20243.95%0.43%
Mar 20253.09%0.19%
Mar 20261.98%0.15%
Gross and net NPA at each year end, % of the loan book (lines). 3 year ends on file. The gap between the two lines is the part already set aside.

Sep 2026: gross NPA 1.61% (−0.99 points on a year earlier), better for 11 quarters in a row

  • Gross NPA 1.61%
  • Net NPA 0.14%
Sep 2026: gross NPA 1.61% (−0.99 points on a year earlier), better for 11 quarters in a row
QuarterGross NPANet NPA
Dec 20234.47%0.53%
Mar 20243.95%0.43%
Jun 20243.77%0.39%
Sep 20243.48%0.27%
Dec 20243.26%0.21%
Mar 20253.09%0.19%
Jun 20253.01%0.18%
Sep 20252.6%0.16%
Dec 20252.23%0.15%
Mar 20261.98%0.15%
Jun 20261.86%0.15%
Sep 20261.61%0.14%
Gross and net NPA as % of the loan book, each quarter, last 12 quarters.

In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

How fast is Indian Bank's loan book growing?

Indian Bank's revenue was ₹67,504 Cr in FY26, +8.8% on the year before, so the loan book is growing. The latest quarter was +15.2% on a year earlier. The net margin on that income is 18.5%, −0.2 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

FY26: revenue ₹67,504 Cr (+8.8% on the year before), net margin 17.3%

  • Revenue ₹67,504
FY26: revenue ₹67,504 Cr (+8.8% on the year before), net margin 17.3%
QuarterRevenue
FY16₹16,244
FY17₹16,039
FY18₹17,115
FY19₹19,182
FY20₹21,401
FY21₹39,108
FY22₹38,888
FY23₹44,985
FY24₹55,650
FY25₹62,039
FY26₹67,504

Net margin

  • Net margin 17.3%
Net margin
QuarterNet margin
FY164.6%
FY179.1%
FY187.7%
FY192%
FY204%
FY218.1%
FY2210.7%
FY2312.4%
FY2415.1%
FY2518.2%
FY2617.3%
Top: revenue each year, ₹ Cr. Below: net margin, %. 11-year window. A grey bar is lower than the year before.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

What is Indian Bank's P/BV ratio, and how does it compare with its own history?

Indian Bank's P/BV is 1.4×, near the high end of its own history: higher than 90% of past readings. Its usual P/BV (the middle reading) is 0.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

P/BV 1.4× against a usual 0.8×: near the high end of its own history: higher than 90% of past readings

  • P/BV 1.40×
  • Median 0.80×
P/BV 1.4× against a usual 0.8×: near the high end of its own history: higher than 90% of past readings
WeekP/BVMedian
26 Feb 20160.20×0.80×
18 Mar 20160.30×0.80×
8 Apr 20160.30×0.80×
29 Apr 20160.30×0.80×
20 May 20160.30×0.80×
10 Jun 20160.30×0.80×
1 Jul 20160.40×0.80×
22 Jul 20160.40×0.80×
12 Aug 20160.60×0.80×
2 Sep 20160.60×0.80×
23 Sep 20160.60×0.80×
14 Oct 20160.60×0.80×
4 Nov 20160.60×0.80×
25 Nov 20160.70×0.80×
16 Dec 20160.70×0.80×
6 Jan 20170.70×0.80×
27 Jan 20170.80×0.80×
17 Feb 20170.80×0.80×
10 Mar 20170.80×0.80×
31 Mar 20170.80×0.80×
21 Apr 20170.80×0.80×
12 May 20171.00×0.80×
2 Jun 20170.90×0.80×
23 Jun 20170.80×0.80×
14 Jul 20170.90×0.80×
4 Aug 20170.80×0.80×
24 Aug 20170.80×0.80×
15 Sep 20170.80×0.80×
6 Oct 20170.70×0.80×
27 Oct 20170.80×0.80×
17 Nov 20171.10×0.80×
8 Dec 20171.10×0.80×
29 Dec 20171.00×0.80×
19 Jan 20181.10×0.80×
9 Feb 20180.90×0.80×
1 Mar 20180.90×0.80×
23 Mar 20180.80×0.80×
13 Apr 20180.90×0.80×
4 May 20180.80×0.80×
25 May 20180.90×0.80×
15 Jun 20180.90×0.80×
6 Jul 20180.90×0.80×
27 Jul 20180.90×0.80×
17 Aug 20180.90×0.80×
7 Sep 20180.80×0.80×
28 Sep 20180.60×0.80×
19 Oct 20180.60×0.80×
9 Nov 20180.60×0.80×
30 Nov 20180.60×0.80×
21 Dec 20180.60×0.80×
11 Jan 20190.60×0.80×
1 Feb 20190.60×0.80×
22 Feb 20190.60×0.80×
15 Mar 20190.70×0.80×
5 Apr 20190.70×0.80×
26 Apr 20190.70×0.80×
17 May 20190.60×0.80×
7 Jun 20190.70×0.80×
28 Jun 20190.60×0.80×
19 Jul 20190.50×0.80×
9 Aug 20190.50×0.80×
30 Aug 20190.50×0.80×
20 Sep 20190.40×0.80×
11 Oct 20190.20×0.80×
1 Nov 20190.30×0.80×
22 Nov 20190.20×0.80×
13 Dec 20190.20×0.80×
3 Jan 20200.20×0.80×
24 Jan 20200.30×0.80×
14 Feb 20200.20×0.80×
6 Mar 20200.20×0.80×
27 Mar 20200.10×0.80×
17 Apr 20200.10×0.80×
8 May 20200.10×0.80×
29 May 20200.10×0.80×
19 Jun 20200.10×0.80×
10 Jul 20200.10×0.80×
31 Jul 20200.20×0.80×
21 Aug 20200.20×0.80×
11 Sep 20200.20×0.80×
1 Oct 20200.10×0.80×
23 Oct 20200.20×0.80×
14 Nov 20200.20×0.80×
4 Dec 20200.20×0.80×
24 Dec 20200.30×0.80×
15 Jan 20210.30×0.80×
5 Feb 20210.40×0.80×
26 Feb 20210.40×0.80×
19 Mar 20210.40×0.80×
9 Apr 20210.30×0.80×
30 Apr 20210.30×0.80×
21 May 20210.40×0.80×
11 Jun 20210.40×0.80×
2 Jul 20210.40×0.80×
23 Jul 20210.40×0.80×
13 Aug 20210.40×0.80×
3 Sep 20210.40×0.80×
24 Sep 20210.40×0.80×
14 Oct 20210.50×0.80×
4 Nov 20210.50×0.80×
26 Nov 20210.40×0.80×
17 Dec 20210.40×0.80×
7 Jan 20220.40×0.80×
28 Jan 20220.40×0.80×
18 Feb 20220.40×0.80×
11 Mar 20220.40×0.80×
1 Apr 20220.50×0.80×
22 Apr 20220.50×0.80×
13 May 20220.40×0.80×
3 Jun 20220.50×0.80×
24 Jun 20220.40×0.80×
15 Jul 20220.50×0.80×
5 Aug 20220.50×0.80×
26 Aug 20220.50×0.80×
16 Sep 20220.50×0.80×
7 Oct 20220.50×0.80×
28 Oct 20220.60×0.80×
18 Nov 20220.70×0.80×
9 Dec 20220.70×0.80×
30 Dec 20220.80×0.80×
20 Jan 20230.80×0.80×
10 Feb 20230.80×0.80×
3 Mar 20230.80×0.80×
24 Mar 20230.70×0.80×
13 Apr 20230.80×0.80×
5 May 20230.90×0.80×
26 May 20230.80×0.80×
16 Jun 20230.70×0.80×
7 Jul 20230.80×0.80×
28 Jul 20230.90×0.80×
18 Aug 20231.00×0.80×
8 Sep 20231.00×0.80×
29 Sep 20231.10×0.80×
20 Oct 20231.00×0.80×
12 Nov 20231.00×0.80×
1 Dec 20230.90×0.80×
22 Dec 20231.00×0.80×
12 Jan 20241.00×0.80×
2 Feb 20241.40×0.80×
23 Feb 20241.30×0.80×
15 Mar 20241.30×0.80×
5 Apr 20241.30×0.80×
26 Apr 20241.30×0.80×
18 May 20241.40×0.80×
7 Jun 20241.20×0.80×
28 Jun 20241.20×0.80×
19 Jul 20241.20×0.80×
9 Aug 20241.30×0.80×
30 Aug 20241.30×0.80×
20 Sep 20241.10×0.80×
11 Oct 20241.10×0.80×
1 Nov 20241.20×0.80×
22 Nov 20241.10×0.80×
13 Dec 20241.20×0.80×
3 Jan 20251.00×0.80×
24 Jan 20251.00×0.80×
14 Feb 20251.00×0.80×
7 Mar 20251.00×0.80×
28 Mar 20251.10×0.80×
17 Apr 20251.30×0.80×
9 May 20251.20×0.80×
30 May 20251.20×0.80×
20 Jun 20251.20×0.80×
11 Jul 20251.20×0.80×
1 Aug 20251.20×0.80×
22 Aug 20251.30×0.80×
12 Sep 20251.30×0.80×
3 Oct 20251.30×0.80×
24 Oct 20251.40×0.80×
14 Nov 20251.50×0.80×
5 Dec 20251.40×0.80×
26 Dec 20251.40×0.80×
16 Jan 20261.40×0.80×
6 Feb 20261.50×0.80×
27 Feb 20261.50×0.80×
20 Mar 20261.50×0.80×
7 Apr 20261.50×0.80×
24 Apr 20261.50×0.80×
15 May 20261.50×0.80×
4 Jun 20261.40×0.80×
12 Jun 20261.40×0.80×
24 Jun 20261.40×0.80×
3 Jul 20261.30×0.80×
24 Jul 20261.30×0.80×
14 Aug 20261.40×0.80×
4 Sep 20261.40×0.80×
25 Sep 20261.30×0.80×
16 Oct 20261.30×0.80×
5 Nov 20261.40×0.80×

Book value per share

  • Book value per share ₹637
Book value per share
WeekBook value per share
26 Feb 2016–
18 Mar 2016₹354
8 Apr 2016₹354
29 Apr 2016₹354
20 May 2016₹354
10 Jun 2016₹354
1 Jul 2016₹334
22 Jul 2016₹334
12 Aug 2016₹334
2 Sep 2016₹334
23 Sep 2016₹352
14 Oct 2016₹352
4 Nov 2016₹352
25 Nov 2016₹352
16 Dec 2016₹352
6 Jan 2017₹368
27 Jan 2017₹368
17 Feb 2017₹368
10 Mar 2017₹368
31 Mar 2017₹348
21 Apr 2017₹348
12 May 2017₹348
2 Jun 2017₹348
23 Jun 2017₹353
14 Jul 2017₹353
4 Aug 2017₹353
24 Aug 2017₹353
15 Sep 2017₹353
6 Oct 2017₹373
27 Oct 2017₹373
17 Nov 2017₹373
8 Dec 2017₹373
29 Dec 2017₹377
19 Jan 2018₹377
9 Feb 2018₹377
1 Mar 2018₹377
23 Mar 2018₹375
13 Apr 2018₹375
4 May 2018₹375
25 May 2018₹375
15 Jun 2018₹375
6 Jul 2018₹382
27 Jul 2018₹382
17 Aug 2018₹382
7 Sep 2018₹382
28 Sep 2018₹379
19 Oct 2018₹379
9 Nov 2018₹379
30 Nov 2018₹379
21 Dec 2018₹404
11 Jan 2019₹404
1 Feb 2019₹404
22 Feb 2019₹404
15 Mar 2019₹404
5 Apr 2019₹400
26 Apr 2019₹400
17 May 2019₹400
7 Jun 2019₹400
28 Jun 2019₹433
19 Jul 2019₹433
9 Aug 2019₹433
30 Aug 2019₹433
20 Sep 2019₹445
11 Oct 2019₹445
1 Nov 2019₹445
22 Nov 2019₹445
13 Dec 2019₹445
3 Jan 2020₹525
24 Jan 2020₹525
14 Feb 2020₹525
6 Mar 2020₹525
27 Mar 2020₹453
17 Apr 2020₹453
8 May 2020₹453
29 May 2020₹453
19 Jun 2020₹332
10 Jul 2020₹332
31 Jul 2020₹332
21 Aug 2020₹332
11 Sep 2020₹332
1 Oct 2020₹551
23 Oct 2020₹551
14 Nov 2020₹551
4 Dec 2020₹551
24 Dec 2020₹288
15 Jan 2021₹288
5 Feb 2021₹288
26 Feb 2021₹288
19 Mar 2021₹296
9 Apr 2021₹296
30 Apr 2021₹296
21 May 2021₹296
11 Jun 2021₹296
2 Jul 2021₹371
23 Jul 2021₹371
13 Aug 2021₹371
3 Sep 2021₹371
24 Sep 2021₹321
14 Oct 2021₹321
4 Nov 2021₹321
26 Nov 2021₹321
17 Dec 2021₹321
7 Jan 2022₹349
28 Jan 2022₹349
18 Feb 2022₹349
11 Mar 2022₹349
1 Apr 2022₹372
22 Apr 2022₹372
13 May 2022₹372
3 Jun 2022₹372
24 Jun 2022₹382
15 Jul 2022₹382
5 Aug 2022₹382
26 Aug 2022₹382
16 Sep 2022₹382
7 Oct 2022₹394
28 Oct 2022₹394
18 Nov 2022₹394
9 Dec 2022₹394
30 Dec 2022₹357
20 Jan 2023₹357
10 Feb 2023₹357
3 Mar 2023₹357
24 Mar 2023₹361
13 Apr 2023₹361
5 May 2023₹361
26 May 2023₹361
16 Jun 2023₹361
7 Jul 2023₹418
28 Jul 2023₹418
18 Aug 2023₹418
8 Sep 2023₹418
29 Sep 2023₹385
20 Oct 2023₹385
12 Nov 2023₹385
1 Dec 2023₹385
22 Dec 2023₹421
12 Jan 2024₹421
2 Feb 2024₹421
23 Feb 2024₹421
15 Mar 2024₹421
5 Apr 2024₹401
26 Apr 2024₹401
18 May 2024₹401
7 Jun 2024₹401
28 Jun 2024₹455
19 Jul 2024₹455
9 Aug 2024₹455
30 Aug 2024₹455
20 Sep 2024₹450
11 Oct 2024₹450
1 Nov 2024₹450
22 Nov 2024₹450
13 Dec 2024₹450
3 Jan 2025₹497
24 Jan 2025₹497
14 Feb 2025₹497
7 Mar 2025₹497
28 Mar 2025₹492
17 Apr 2025₹492
9 May 2025₹492
30 May 2025₹492
20 Jun 2025₹522
11 Jul 2025₹522
1 Aug 2025₹522
22 Aug 2025₹522
12 Sep 2025₹522
3 Oct 2025₹543
24 Oct 2025₹543
14 Nov 2025₹543
5 Dec 2025₹543
26 Dec 2025₹556
16 Jan 2026₹556
6 Feb 2026₹556
27 Feb 2026₹556
20 Mar 2026₹581
7 Apr 2026₹581
24 Apr 2026₹581
15 May 2026₹581
4 Jun 2026₹581
12 Jun 2026₹581
24 Jun 2026₹595
3 Jul 2026₹595
24 Jul 2026₹595
14 Aug 2026₹595
4 Sep 2026₹595
25 Sep 2026₹640
16 Oct 2026₹640
5 Nov 2026₹637
Top: P/BV each week. Below: book value per share, a step line that moves once a quarter; 11 years of history; short peaks above 1.5× are drawn at the top edge.

PEG 0.48: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.48×
  • PEG = 1.0 1.00×
PEG 0.48: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Q3 FY240.16×1.00×
Q4 FY240.18×1.00×
Q1 FY250.20×1.00×
Q2 FY250.22×1.00×
Q3 FY250.22×1.00×
Q4 FY250.22×1.00×
Q1 FY260.44×1.00×
Q2 FY260.63×1.00×
Q3 FY261.10×1.00×
Q4 FY262.49×1.00×
Q1 FY270.52×1.00×
Q2 FY270.48×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 12 quarters.
1.4×P/BV · higher than 90% of its last 11 years
0.73PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year book value grew while the price moved +2.1%. The price ran ahead of book value, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +38.9% a year; about +13.0% a year came from book-value growth and about +25.9 percentage points from the multiple (the market paying more); over 10 years the price moved +15.8% a year; about +6.4% a year came from book-value growth and about +9.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple.

Is the Indian Bank business getting better or worse?

Indian Bank's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 15.2%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +8.8% in FY26, profit +3.9%

  • Revenue growth 8.8%
Growth year by year: revenue +8.8% in FY26, profit +3.9%
QuarterRevenue growth
FY162.5%
FY17−1.3%
FY186.7%
FY1912.1%
FY2011.6%
FY2182.7%
FY22−0.6%
FY2315.7%
FY2423.7%
FY2511.5%
FY268.8%

Profit growth, EPS growth

  • Profit growth 3.9%
  • EPS growth 3.9%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY16−28.4%−28.4%
FY1793.5%93.4%
FY18−9.9%−9.8%
FY19−70.9%−71%
FY20126.2%78.9%
FY21265.5%97%
FY2231.5%19.3%
FY2334.5%34.5%
FY2451.1%39.7%
FY2533.7%33.8%
FY263.9%3.9%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit stabilising

  • Revenue 11.3%
Three growth lines over twelve quarters: revenue stabilising, profit stabilising
QuarterRevenue
Dec 2023116.8%
Mar 202469.8%
Jun 202438%
Sep 202416.4%
Dec 202414.2%
Mar 202511.5%
Jun 20259.8%
Sep 20258.9%
Dec 20258.3%
Mar 20268.8%
Jun 20269.5%
Sep 202611.3%

Profit, EPS

  • Profit 17.2%
  • EPS 17.2%
Profit, EPS
QuarterProfitEPS
Dec 202350.6%47.2%
Mar 202451.1%45%
Jun 202449.6%40.8%
Sep 202443.2%32.4%
Dec 202438.3%30.8%
Mar 202533.7%28.9%
Jun 202520%17.8%
Sep 202514.2%14.2%
Dec 20258.9%8.9%
Mar 20263.9%3.9%
Jun 202616.6%16.6%
Sep 202617.2%17.2%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROE: the return line, worked out each quarter

  • ROE 15.2%
ROE: the return line, worked out each quarter
QuarterROE
Dec 202314.3%
Mar 202414%
Jun 202415.2%
Sep 202414.9%
Dec 202416%
Mar 202515.7%
Jun 202514.8%
Sep 202514.7%
Dec 202514.4%
Mar 202614.6%
Jun 202615.2%
Sep 202615.2%
Net profit over the last 12 months as a share of equity at the quarter end, %.
Steady highRevenue growth · latest +11.3%, range +8.3% to +116.8%
RisingProfit growth · latest +17.2%, range +3.9% to +51.1%
RisingEPS growth · latest +17.2%, range +3.9% to +47.2%
Steady highROE · latest 15.2%, range 14.0% to 16.0%

Why it matters: steady growth with healthy returns is how a business compounds over time.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+8.8%+14.5%+11.5%+15.3%
Profit+3.9%+28.1%+30.0%+31.6%
EPS+3.9%+24.8%+25.5%+18.7%
Share price+2.1%+27.5%+38.9%+15.8%
+15.2%Revenue growth (Sep 2026) · latest quarter against a year ago
+13.9%Profit growth (Sep 2026) · latest quarter against a year ago
15.3%Revenue, 10 years · yearly growth over the long run

How much does Indian Bank earn on its equity and assets?

Indian Bank earned a return on equity of 15% in FY26. Its lowest yearly reading on file was 2% in FY19. On its assets, every ₹100 earned about ₹1.32, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.

Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.

That is above the level a bank needs to grow its net worth steadily.

FY26: ROE 15%, ROA 1.30%, up from a FY19 low of 2%

  • ROE 15%
FY26: ROE 15%, ROA 1.30%, up from a FY19 low of 2%
QuarterROE
FY149%
FY157%
FY165%
FY179%
FY187%
FY192%
FY204%
FY2110%
FY2210%
FY2312%
FY2415%
FY2517%
FY2615%

ROA

  • ROA 1.3%
ROA
QuarterROA
FY14–
FY15–
FY16–
FY17–
FY18–
FY19–
FY20–
FY21–
FY220.6%
FY230.8%
FY241.1%
FY251.3%
FY261.3%
Return on equity each year, % (top); return on assets, % (below). 13-year window. A lender is judged on ROE and ROA; return on capital used (ROIC) does not apply to a bank.

Q2 FY27: ROE 16.4% (last 12 months), ROA 1.30%

  • ROE (12 months) 16.4%
Q2 FY27: ROE 16.4% (last 12 months), ROA 1.30%
QuarterROE (12 months)
Q3 FY2416.1%
Q4 FY2416.5%
Q1 FY2516.2%
Q2 FY2517.1%
Q3 FY2517.7%
Q4 FY2517.6%
Q1 FY2617.3%
Q2 FY2612.5%
Q3 FY2616.5%
Q4 FY2616.1%
Q1 FY2715.9%
Q2 FY2716.4%

ROA (12 months)

  • ROA (12 months) 1.3%
ROA (12 months)
QuarterROA (12 months)
Q3 FY24–
Q4 FY24–
Q1 FY25–
Q2 FY25–
Q3 FY25–
Q4 FY25–
Q1 FY26–
Q2 FY261%
Q3 FY261.4%
Q4 FY261.3%
Q1 FY271.3%
Q2 FY271.3%
Return on equity over the last 12 months (top) and on assets (below), each quarter, %. Last 12 quarters, lined up with the yearly figure.

Why ROE moved: profit grew 31.6% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low.

Does Indian Bank have too much debt?

For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.

For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.

What is the Indian Bank shareholding pattern?

Foreign institutions raised their stake in Indian Bank by 1.9 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.9% of the company. Domestic institutions moved −0.6 points over the same period, to 16.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: +1.9 points over 8 quarters, to 6.9%; Domestic institutions: −0.6 points over 8 quarters, to 16.8%; Promoters: +0.0 points over 8 quarters, to 73.8%.

Why the owners changed: foreign institutions drove it (+1.9 points), with the other side taken by domestic institutions (−0.6 points). They raised their stake step by step.

Year ends: the public −1.4 points from Mar 2024 to Mar 2026

  • Promoters 73.84%
  • Foreign inst. 5.82%
  • Domestic inst. 17.75%
  • Public 2.58%
Year ends: the public −1.4 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202473.84%5.29%16.95%3.93%
Mar 202573.84%4.74%17.78%3.65%
Mar 202673.84%5.82%17.75%2.58%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Foreign institutions raised their stake by 1.9 points over 8 quarters

  • Promoters 73.84%
  • Foreign inst. 6.87%
  • Domestic inst. 16.77%
  • Public 2.54%
Foreign institutions raised their stake by 1.9 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202379.86%4.33%11.76%4.05%
Dec 202373.84%5.89%15.84%4.44%
Mar 202473.84%5.29%16.95%3.93%
Jun 202473.84%5.38%16.87%3.9%
Sep 202473.84%4.99%17.35%3.82%
Dec 202473.84%4.78%17.64%3.75%
Mar 202573.84%4.74%17.78%3.65%
Jun 202573.84%4.54%18.05%3.56%
Sep 202573.84%4.68%18.62%2.86%
Dec 202573.84%5.64%17.82%2.71%
Mar 202673.84%5.82%17.75%2.58%
Jun 202673.84%6.16%17.03%2.98%
Sep 202673.84%6.87%16.77%2.54%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Indian Bank from balance-sheet trouble?

For Indian Bank, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Indian Bank rank in its industry?

66.7 out of 100, rank 4 of 13 in Banks - PSU, with 100% of the evidence available.

Indian Bank scores 66.7 out of 100 against the 13 companies it is compared with in Banks - PSU, ranking 4. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.

The four parts add up to the total exactly: 23.7 + 17.4 + 8.7 + 16.9 = 66.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Which companies is Indian Bank compared with?

Indian Bank ranks 4 of 13 Banks - PSU companies on the 4-Factor Sector Score, with 66.7 out of 100.

  1. 1Bank of MaharashtraMAHABANK · turning · Most evidence points up · 100% evidence78.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.2/35 · Income 16.5% · Profit 31.5% · 100% evidenceCapital efficiency 24.1/25 · ROA 1.9% · ROE 22.6% · GNPA 1.3% · 100% evidenceValuation 10.4/20 · P/BV 1.75× · P/BV÷ROE 0.08 · 100% evidenceRelative strength 16.2/20 · Lead over its industry 18.3% · Lead over NIFTY 500 15.8% · 1 year 37.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 28.2 + 24.1 + 10.4 + 16.2 = 78.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Indian Overseas BankIOB · quiet · Most evidence points up · 78% evidence69.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.0/35 · Income 15.5% · Profit 51.3% · 100% evidenceCapital efficiency 17.0/25 · ROA 1.4% · ROE 15.6% · GNPA — · 72% evidenceValuation 14.9/20 · P/BV 1.37× · P/BV÷ROE 0.09 · 100% evidenceRelative strength 8.0/20 · Lead over its industry — · Lead over NIFTY 500 -11.8% · 1 year -28.3% · 25% evidence · 0 of 12 weeks aheadExact sum: 30 + 17 + 14.9 + 8 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Union Bank of IndiaUNIONBANK · leader · Most evidence points up · 93% evidence66.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.1/35 · Income 1.3% · Profit 19% · 100% evidenceCapital efficiency 17.4/25 · ROA 1.4% · ROE 15.7% · GNPA — · 72% evidenceValuation 12.5/20 · P/BV 0.99× · P/BV÷ROE 0.06 · 100% evidenceRelative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 13.3% · 1 year 25.1% · 100% evidence · 10 of 12 weeks aheadExact sum: 18.1 + 17.4 + 12.5 + 18.9 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Indian Bank this pageINDIANB · turning · Most evidence points up · 100% evidence66.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.7/35 · Income 11.3% · Profit 17.2% · 100% evidenceCapital efficiency 17.4/25 · ROA 1.3% · ROE 15.4% · GNPA 1.6% · 100% evidenceValuation 8.7/20 · P/BV 1.38× · P/BV÷ROE 0.09 · 100% evidenceRelative strength 16.9/20 · Lead over its industry 8.1% · Lead over NIFTY 500 5.5% · 1 year 0.8% · 100% evidence · 6 of 12 weeks aheadExact sum: 23.7 + 17.4 + 8.7 + 16.9 = 66.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  5. 5Bank of IndiaBANKINDIA · turning · Evidence leans up · 93% evidence63.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.1/35 · Income 8.6% · Profit 29.8% · 100% evidenceCapital efficiency 11.4/25 · ROA 1.1% · ROE 12.4% · GNPA — · 72% evidenceValuation 16.0/20 · P/BV 0.64× · P/BV÷ROE 0.05 · 100% evidenceRelative strength 8.9/20 · Lead over its industry -1.9% · Lead over NIFTY 500 -4.3% · 1 year -5% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.1 + 11.4 + 16 + 8.9 = 63.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Punjab National BankPNB · leader · Evidence leans up · 73% evidence62.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/35 · Income 3.9% · Profit 34% · 86% evidenceCapital efficiency 12.3/25 · ROA 1.1% · ROE 13% · GNPA — · 72% evidenceValuation 13.1/20 · P/BV 0.88× · P/BV÷ROE 0.07 · 100% evidenceRelative strength 12.0/20 · Lead over its industry — · Lead over NIFTY 500 11.6% · 1 year 0% · 25% evidence · 12 of 12 weeks aheadExact sum: 25 + 12.3 + 13.1 + 12 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Canara BankCANBK · turning · Evidence leans up · 100% evidence50.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.1/35 · Income 4% · Profit 16.1% · 100% evidenceCapital efficiency 15.8/25 · ROA 1% · ROE 16.1% · GNPA 1.3% · 100% evidenceValuation 14.9/20 · P/BV 0.84× · P/BV÷ROE 0.05 · 100% evidenceRelative strength 5.6/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -9.2% · 1 year -14.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.1 + 15.8 + 14.9 + 5.6 = 50.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  8. 8IDBI Bank LtdIDBI · losing its lead · Evidence leans down · 78% evidence49.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.4/35 · Income 7% · Profit -10.6% · 100% evidenceCapital efficiency 17.6/25 · ROA 1.9% · ROE 14.1% · GNPA — · 72% evidenceValuation 13.1/20 · P/BV 1.19× · P/BV÷ROE 0.08 · 100% evidenceRelative strength 9.2/20 · Lead over its industry — · Lead over NIFTY 500 -4.6% · 1 year -22.6% · 25% evidence · 6 of 12 weeks aheadExact sum: 9.4 + 17.6 + 13.1 + 9.2 = 49.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  9. 9Central Bank of IndiaCENTRALBK · turning · Evidence leans down · 85% evidence48.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.5/35 · Income 12.4% · Profit 5.1% · 100% evidenceCapital efficiency 8.8/25 · ROA 1% · ROE 11.9% · GNPA 2.4% · 100% evidenceValuation 18.2/20 · P/BV 0.62× · P/BV÷ROE 0.05 · 100% evidenceRelative strength 8.3/20 · Lead over its industry — · Lead over NIFTY 500 -11.6% · 1 year -27.2% · 25% evidence · 0 of 12 weeks aheadExact sum: 13.5 + 8.8 + 18.2 + 8.3 = 48.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  10. 10State Bank of IndiaSBIN · turning · Evidence leans down · 80% evidence47.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.3/35 · Income 5.5% · Profit 8.6% · 67% evidenceCapital efficiency 14.5/25 · ROA 1.1% · ROE 15.4% · GNPA — · 68% evidenceValuation 11.3/20 · P/BV 1.43× · P/BV÷ROE 0.09 · 100% evidenceRelative strength 9.0/20 · Lead over its industry 0.8% · Lead over NIFTY 500 -1.7% · 1 year 2.7% · 100% evidence · 3 of 12 weeks aheadExact sum: 12.3 + 14.5 + 11.3 + 9 = 47.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Bank of BarodaBANKBARODA · turning · Evidence leans down · 78% evidence40.1out of 100GrowthCapitalValuationRelative
  12. 12UCO BankUCOBANK · basing · Evidence leans down · 100% evidence38.1out of 100GrowthCapitalValuationRelative
  13. 13Punjab & Sind BankPSB · quiet · Evidence leans down · 94% evidence36.4out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Banks - PSU, all 13 compared on one page.

Which companies are close to Indian Bank in size?

Indian Bank is the 5th largest of 13 Banks - PSU companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Union Bank of India, Punjab National Bank and Bank of Baroda. Just below it: Canara Bank, IDBI Bank and Bank of Maharashtra.

Banks - PSU companies close in size

  1. Union Bank of India ₹1,43,504 crore
  2. Punjab National Bank ₹1,41,191 crore
  3. Bank of Baroda ₹1,23,389 crore
  4. Indian Bank ₹1,20,247 crore
  5. Canara Bank ₹1,06,616 crore
  6. IDBI Bank Ltd ₹86,363 crore
  7. Bank of Maharashtra ₹65,414 crore

All 13 Banks - PSU companies, largest first

Companies close in size in other industries

  1. Polycab India Ltd ₹1,17,355 crore · Cables - Power
  2. Jindal Steel Ltd ₹1,17,208 crore · Steel Products
  3. Indian Bank ₹1,16,580 crore
  4. Indian Hotels Co Ltd ₹1,15,533 crore · Hotels
  5. HDFC Life Insurance Company Ltd ₹1,14,039 crore · Finance - Insurance

What else do people ask about Indian Bank?

What were Indian Bank's latest quarterly results?

Indian Bank reported total income of ₹19,149 Cr and net profit of ₹3,541 Cr for the Sep 2026 quarter. Income rose 15.2% and profit rose 13.9% compared with a year earlier. Earnings per share were ₹26.29.

The net margin was 18.5%, 0.2 percentage points lower than a year earlier (as of 5 November 2026).

What is Indian Bank's market cap?

Indian Bank's market capitalisation is ₹1,20,247 Cr at a share price of ₹892.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026).

How is Indian Bank performing?

Indian Bank's share price has been rising for 13 weeks. In its latest quarter, income rose 15.2% and profit rose 13.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 10 weeks running (as of 5 November 2026).

Will Indian Bank's share price go up?

This page does not forecast Indian Bank's share price. What it shows instead: the share price is ₹892.15, and it has been rising for 13 weeks. Its P/BV of 1.4× is higher than 90% of its own last 11 years (as of 5 November 2026).

Who owns Indian Bank?

Promoters own 73.8% of Indian Bank, foreign institutions 6.9%, domestic institutions 16.8% and the public 2.5% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 1.9 percentage points over 8 quarters (as of 5 November 2026).

Where is Indian Bank in its business cycle?

Indian Bank's FY26 net margin was 17.3%, against a 13-year range of 2.0% to 18.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.5%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026).

What could break the Indian Bank story?

The main question: results are strong, and the P/BV is higher than 90% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026).

Is Indian Bank a stock worth studying right now?

What the numbers show: Indian Bank's earnings have grown faster than its share price. Earnings per share grew +3.9% in a year while the price moved +2.1%. The main open question: whether earnings grow enough to match the multiple.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026).

Is there a Indian Bank share price forecast for 2026?

What management itself guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 5 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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