Indbank Merchant Banking Services

₹25.24As of Sun 8 Nov 2026, 12:00 UTC

NSE:INDBANKFinancials

Country India

PE (Fwd) 15.17

TSR 10Y CAGR 5.58%

Div yield —

ROTE —

Capital Markets

Beta (5Y) 0.23

PE TTM 15.72

TSR TTM (37.60%)

Mkt cap ₹1.130B

NIM —

SE Grade™

—

Value

Quality

—

Moat

—

1Y Price

Reference

₹28

9.23%

72.22%

Price below Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

249.2

Revenue₹M

—

53.41

55.46

80.25

95.10

102.3

—

17.64%

(6.03)

Revenue growth%

—

(8.93)

42.94

6.72

(6.03)

2.97

0.35

—

NIM%

—

61.28

Effic. R.%

—

55.19

70.75

53.12

56.65

61.28

—

56.65

—

28.59

Net margin%

—

36.47

20.14

36.21

31.91

28.59

28.08

31.91

15.72

P/E ratio (avg)x

—

14.96

36.31

19.83

25.84

22.83

15.54

22.83

—

P/TBVx

—

P/Bx

—

100.4

NII₹M

—

38.09

46.57

79.54

92.58

100.4

—

27.42%

—

8.48

NII grth%

—

22.27

70.78

16.39

8.48

—

19.33

—

ROTE%

—

Return on equity%

—

Return on assets%

—

1.61

EPS₹

—

1.57

0.79

2.03

1.91

1.61

1.62

0.57%

—

(15.82)

EPS growth%

—

(49.71)

156.94

(5.95)

(15.82)

1.14

(10.88)

—

Bookvalue per sh₹

—

TBV/sh₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

44.38

Shares (diluted)M

—

44.38

◌44.38

—

Buyback yield%

—

◌—

—

Eq/Assets%

—

Assets₹M

—

LT debt₹M

—

Peers (US$11.96M)

Cap (US$)

Steel City Securities…

13.32M

6.907x

Keynote Financial…

12.19M

20.16x

DB (International)…

11.87M

—

Amasse Capital…

11.93M

—

Capital

TTM

10Y

Tang eq%

—

LT debt%

—

Cash%

—

Sh yield%

—

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

1/4

Dividend streakyrs

ROE range%

—

$1 testx

—

Incr. ROIC%

—

Indbank Merchant Banking Services Limited engages in the provision of merchant banking, stock broking, depository participant, and allied services in India. The company offers merchant banking services for public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹249.2M

6.89%

1.00×

Operating costs

₹152.7M

9.71%

1.11×

Revenue mix

Trend

Non-interest income

59.71%

Net interest income

40.29%

Reinvestment returns

n/m

Trend

Retention rate

n/m

Return on capital

n/m

Spread over hurdle

n/m