IndusInd Bank Ltd (INDUSINDBK) share price, results, shareholding

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	11,248	11,572	12,199	12,547	12,686	12,801	10,634	12,264	11,609	11,373	11,005	11,310
Interest	6,171	6,277	6,822	7,139	7,339	7,573	7,586	7,624	7,199	6,811	6,634	6,625
Expenses	4,424	4,618	4,753	4,947	5,752	5,726	6,770	5,989	6,644	6,095	5,272	5,082
Financing Profit	653	677	623	460	-405	-498	-3,722	-1,350	-2,235	-1,533	-901	-397
Financing Margin %	6%	6%	5%	4%	-3%	-4%	-35%	-11%	-19%	-13%	-8%	-4%
Other Income	2,282	2,396	2,508	2,442	2,185	2,355	709	2,157	1,651	1,707	1,714	1,787
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	2,935	3,073	3,131	2,902	1,780	1,857	-3,013	807	-584	174	813	1,389
Tax %	25%	25%	25%	25%	25%	24%	-23%	25%	-25%	26%	27%	25%
Net Profit	2,202	2,301	2,349	2,171	1,331	1,402	-2,329	604	-437	128	594	1,037
EPS in Rs	28.34	29.59	30.18	27.88	17.09	18.00	-29.89	7.75	-5.61	1.64	7.63	13.31
Gross NPA %	1.93%	1.92%	1.92%	2.02%	2.11%	2.25%	3.13%	3.64%	3.60%	3.56%	3.43%	3.25%
Net NPA %	0.57%	0.57%	0.57%	0.60%	0.64%	0.68%	0.95%	1.12%	1.04%	1.04%	1.00%	0.95%

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	11,872	14,406	17,281	22,261	28,783	29,000	30,822	36,368	45,748	48,668	46,251	45,297
Interest	7,355	8,343	9,783	13,415	16,724	15,472	15,822	18,776	25,132	29,636	28,268	27,270
Expenses	4,188	5,684	6,555	9,284	12,544	15,772	15,561	15,425	17,569	22,664	23,437	23,094
Financing Profit	329	379	942	-438	-485	-2,244	-560	2,167	3,046	-3,632	-5,455	-5,066
Financing Margin %	3%	3%	5%	-2%	-2%	-8%	-2%	6%	7%	-7%	-12%	-11%
Other Income	3,297	4,171	4,750	5,647	6,953	6,501	7,345	8,173	9,396	7,690	7,229	6,859
Depreciation	157	191	212	229	291	328	352	407	463	532	564	0
Profit before tax	3,469	4,360	5,481	4,980	6,177	3,929	6,433	9,932	11,979	3,526	1,210	1,792
Tax %	34%	34%	34%	34%	28%	25%	25%	25%	25%	27%	27%
Net Profit	2,287	2,868	3,606	3,301	4,458	2,930	4,805	7,444	8,977	2,576	889	1,322
EPS in Rs	38.43	47.95	60.08	54.77	64.28	37.89	62.03	95.93	115.34	33.06	11.41	16.97
Dividend Payout %	12%	13%	12%	14%	0%	13%	14%	15%	14%	0%	13%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	15%	10%	8%	-6%
Compounded Profit Growth	-9%	-21%	-51%	31%
Stock Price CAGR	-3%	-4%	-15%		19%
Return on Equity	10%	9%	7%			1%

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	595	598	600	603	694	773	775	776	778	779	779
Reserves	17,102	20,049	23,243	26,085	34,054	42,727	47,252	54,229	62,429	64,057	64,961
Deposits	93,000	127,572	151,639	194,868	202,027	255,870	293,349	336,120	384,586	410,862	399,931
Borrowing	24,996	21,454	38,289	47,321	60,754	51,323	47,323	49,011	47,611	53,704	42,789
Other Liabilities	7,205	8,976	7,856	8,944	9,700	12,210	13,268	17,701	19,689	24,706	34,934
Total Liabilities	142,898	178,650	221,628	277,821	307,229	362,903	401,967	457,837	515,094	554,107	543,394
Fixed Assets	1,218	1,307	1,313	1,688	1,792	1,801	1,834	1,944	2,127	2,309	2,420
CWIP	37	28	25	22	79	75	95	135	197	188	126
Investments	34,056	36,704	50,078	59,268	59,938	69,653	70,930	83,076	106,486	114,457	125,007
Other Assets	107,587	140,611	170,211	216,843	245,419	291,374	329,109	372,682	406,283	437,154	415,841
Total Assets	142,898	178,650	221,628	277,821	307,229	362,903	401,967	457,837	515,094	554,107	543,394

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-2,927	11,569	-20,700	-6,389	-12,907	44,976	16,672	-12,442	-16,925	18,278	993
Cash from Investing Activity	-258	-285	-217	-633	1,445	-324	-395	-481	-703	-685	-524
Cash from Financing Activity	2,517	-2,768	15,505	8,590	12,733	-4,096	-4,302	1,115	-2,242	4,876	-10,912
Net Cash Flow	-667	8,516	-5,412	1,568	1,271	40,556	11,975	-11,808	-19,869	22,468	-10,443
Free Cash Flow	-3,184	11,296	-20,920	-7,027	-13,324	44,645	16,266	-13,002	-17,636	17,569	359
CFO/OP	-21%	154%	-175%	-31%	-66%	346%	124%	-54%	-49%	82%	5%

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	13%	15%	16%	13%	15%	7%	10%	14%	15%	4%	1%

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	16.47%	16.45%	16.40%	16.38%	16.36%	16.29%	15.83%	15.82%	15.82%	15.82%	15.82%	15.82%
FIIs	41.48%	42.47%	40.25%	38.40%	34.11%	24.74%	29.53%	33.68%	34.32%	31.60%	28.57%	29.17%
DIIs	28.17%	26.21%	28.09%	29.69%	34.60%	42.43%	36.32%	33.18%	31.57%	35.00%	40.13%	41.86%
Government	0.37%	0.36%	0.37%	0.37%	0.37%	0.39%	0.38%	0.38%	0.38%	0.38%	0.38%	0.38%
Public	13.50%	14.52%	14.90%	15.16%	14.56%	16.16%	17.94%	16.92%	17.91%	17.20%	15.10%	12.76%
No. of Shareholders	3,60,027	3,59,688	3,98,181	4,17,359	4,39,052	6,39,709	7,71,743	6,95,674	7,01,711	6,49,084	6,01,056	5,68,147

Fundamentals

Market Cap₹ 68,409 Cr.

Current Price₹ 878

Stock P/E51.7

Book Value₹ 844

ROCE5.68 %

ROE1.36 %

Dividend Yield0.17 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)-6%

Compounded Profit Growth (TTM)31%

Consolidated figures.

Valuation

Market capRs 69,095 Cr

Enterprise valueRs 481,869 Cr

P/E (TTM)52.25x

Price to book1.05x

Price to sales1.53x

EV / EBITDA16.27x

EV / EBIT16.58x

EV / sales10.64x

Price to cash flow69.59x

Earnings yield1.91%

Dividend yield0.17%

P/E, 3-year average33.01x

P/B, 3-year average1.20x

P/E, 5-year average25.05x

P/B, 5-year average1.32x

Profitability

Operating margin (excl. other income)49.33%

Operating margin (incl. other income)64.96%

EBITDA margin65.40%

Pre-tax margin3.96%

Net profit margin2.92%

Net margin, latest quarter9.17%

ROE1.36%

ROCE5.68%

ROA0.16%

ROE, 3-year average6.86%

ROCE, 3-year average6.70%

ROA, 3-year average0.83%

ROE, 5-year average9.10%

ROCE, 5-year average6.61%

ROA, 5-year average1.10%

ROIC (approx.)4.46%

Tax rate26.54%

Other income / net worth11.00%

Growth

Sales growth (latest year)-4.97%

Profit growth (latest year)-65.47%

Sales CAGR, 3 years8.34%

Sales CAGR, 5 years9.79%

Profit CAGR, 3 years-50.75%

Profit CAGR, 5 years-21.22%

Sales growth QoQ2.77%

Profit growth QoQ74.54%

Sales growth YoY (latest quarter)-7.78%

Profit growth YoY (latest quarter)71.68%

Per share

EPS (TTM)Rs 16.97

EPS (latest year)Rs 11.41

EPS (latest quarter)Rs 13.31

EPS, 3-year averageRs 53.27

EPS, 5-year averageRs 63.56

Book value per shareRs 843.78

Sales per shareRs 581.40

Cash flow per shareRs 12.74

Free cash flow per shareRs 4.61

Dividend per share (latest year)Rs 1.50

Dividend per share, 3-year averageRs 9.00

Dividend per share, 5-year averageRs 10.12

Dividends

Dividend payout13.14%

Dividend payout, 3-year average13.72%

Dividend payout, 5-year average13.94%

Efficiency

Asset turnover0.09x

Fixed asset turnover19.12x

Leverage

Total debtRs 442,720 Cr

Cash and bankRs 29,946 Cr

Net debtRs 412,774 Cr

Debt to equity6.73x

Net debt / EBITDA13.93x

Interest coverage1.07x

Owners' fund to total sources12.10%

Debt to assets81.47%

Cash flow

Cash from Operating Activity (latest year)Rs 993 Cr

Cash from Investing Activity (latest year)Rs -524 Cr

Cash from Financing Activity (latest year)Rs -10,912 Cr

Net Cash Flow (latest year)Rs -10,443 Cr

Free cash flow (latest year)Rs 359 Cr

FCFE (approx.: FCF + change in debt)Rs -21,487 Cr

Cash from ops / profit, 5 years0.27x

Sales to cash flow46.58x

Statement figures

Net sales (TTM)Rs 45,297 Cr

Net sales (latest year)Rs 46,251 Cr

Sales (latest quarter)Rs 11,310 Cr

Operating profit excl. other income (latest year)Rs 22,814 Cr

Operating profit (latest quarter)Rs 6,228 Cr

Other income (TTM)Rs 6,859 Cr

EBITDA (TTM)Rs 29,626 Cr

PBDT (TTM)Rs 2,356 Cr

Profit before tax (TTM)Rs 1,792 Cr

Tax (latest year)Rs 321 Cr

Net profit (TTM)Rs 1,322 Cr

Net profit (latest year)Rs 889 Cr

Net profit (latest quarter)Rs 1,037 Cr

Depreciation (TTM)Rs 564 Cr

Interest (TTM)Rs 27,270 Cr

Cost of goods sold (latest year)Rs 523 Cr

Total expenditure (latest year)Rs 23,437 Cr

Total income (latest year)Rs 53,480 Cr

Share capitalRs 779 Cr

ReservesRs 64,961 Cr

Shareholders' fundsRs 65,740 Cr

Total assetsRs 543,394 Cr

Net blockRs 2,420 Cr

Capital work in progressRs 126 Cr

InvestmentsRs 125,007 Cr

Other liabilitiesRs 34,934 Cr

Shares outstanding (crore)77.91

Ownership

Promoter holding15.82% (+0.00 in a year)

Computed by MarketFriction from the consolidated statements. Returns use average balances.

P/E 52.2 is at the 91th percentile of its own 8.9-year range (median 24.2, low 7.0, high 88.7).

P/B 1.05 is at the 10th percentile (median 1.90).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Period	INDUSINDBK	Nifty 50	Difference
1 week	-3.6%	-2.8%	-0.8 pts
1 month	-10.7%	-6.8%	-3.9 pts
3 months	-9.0%	-7.6%	-1.4 pts
6 months	+17.9%	+0.4%	+17.5 pts
1 year	+19.7%	-9.9%	+29.6 pts
2 years	-39.5%	-13.6%	-25.9 pts
3 years	-37.9%	+14.2%	-52.1 pts
5 years	-19.7%	+27.9%	-47.6 pts

296 mutual fund schemes hold about ₹21,508 Cr. Over three months 216 bought more and 55 sold (share counts, price move removed).

Fund	Weight	Est. Cr	3m shares
HDFC Mid Cap Fund	1.11%	1,200	+23%
ICICI Pru Multi Asset Allocation Fund	1.34%	1,178	+17%
Kotak Multi Cap Fund	3.32%	973	+11%
ICICI Pru Large & Mid Cap Fund	2.74%	919	+11%
Mirae Asset Large & Midcap Fund	1.96%	896	+9%
Kotak Flexi Cap Fund	1.35%	762	+20%
Kotak Flexi Cap Fund	1.35%	759	+20%
Mirae Asset Midcap Fund	3.18%	665	+9%
HDFC Balanced Advantage Fund	0.62%	661	+16%
HDFC Large Cap Fund	1.57%	628	+18%
Invesco India Midcap Fund	3.92%	623	+14%
Mirae Asset ELSS Tax Saver Fund	2.10%	554	+15%
Kotak Large & Mid Cap Fund	1.57%	508	+17%
Motilal Oswal Flexi Cap Fund	3.27%	463	-0%
Invesco India Contra Fund	1.96%	404	+45%
HDFC Large & Mid Cap Fund	1.26%	383	+17%
ICICI Pru Aggressive Hybrid Fund(A	0.69%	361	+19%
Invesco India Large & Mid Cap Fund	2.42%	284	+9%
Sundaram Mid Cap Fund	1.88%	280	+103%
Mirae Asset Large Cap Fund	0.71%	274	+19%
Sundaram Mid Cap Fund	1.88%	273	+103%
Nippon India Value Fund	2.85%	257	-7%
Axis Large & Mid Cap Fund	1.47%	254	+26%
Axis Large & Mid Cap Fund	1.47%	247	+26%
HSBC Midcap Fund	1.28%	220	+100%

Red flags

F-score 5 of 8

explain	Weak cash conversion Cash from operations was 19% of net profit over the last 3 years
explain	Low interest cover Interest cover 1.0x in 2026
look	Profit leans on other income Other income was 597% of pre-tax profit in 2026

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures

Date	Who	Role	Side	Shares	Value	How
2024-12-20	INDUSIND LIMITED	Promoters	other	6,321,682	Rs 588.49 Cr	Pledge Creation
2024-06-25	SUMANT KATHPALIA	Employees/Designated Employe	other	98,000	Rs 14.63 Cr	Revokation of Pledge
2024-06-25	ARUN KHURANA	Employees/Designated Employe	sell	60,000	Rs 8.97 Cr	Market Sale
2024-06-25	SIDDHARTH BANERJEE	Employees/Designated Employe	other	3,000	Rs 0.45 Cr	Revokation of Pledge
2024-06-25	SIDDHARTH BANERJEE	Employees/Designated Employe	sell	3,000	Rs 0.45 Cr	Market Sale
2024-06-25	SUMANT KATHPALIA	Employees/Designated Employe	sell	50,000	Rs 7.48 Cr	Market Sale
2024-06-25	EJAZ NAZEER	Employees/Designated Employe	sell	10,000	Rs 1.49 Cr	Market Sale
2024-06-25	ANIL MARCO RAO	Employees/Designated Employe	other	2,000	Rs 0.30 Cr	Revokation of Pledge
2024-06-25	ANIL MARCO RAO	Employees/Designated Employe	sell	2,000	Rs 0.30 Cr	Market Sale
2024-06-25	ARUN KHURANA	Employees/Designated Employe	sell	60,000	Rs 8.97 Cr	Market Sale
2024-06-21	ANIL MARCO RAO	Employees/Designated Employe	sell	2,490	Rs 0.38 Cr	Market Sale
2024-06-21	JUDY HEREDIA	Employees/Designated Employe	sell	2,500	Rs 0.38 Cr	Market Sale

Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026

Revenue ₹11,310 Cr -7.8% vs Jun 2025. Net profit ₹1,037 Cr +71.7%.

Activity

Compare

Company	Mcap (Cr)	P/E	ROCE
HDFC Bank Ltd	1,114,302	14.1	7.02 %
ICICI Bank Ltd	927,638	16.5	7.18 %
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Axis Bank Ltd	377,396	13.6	6.24 %
IDBI Bank Ltd	89,589	9.61	5.92 %
Federal Bank Ltd	79,173	16.9	6.39 %
IDFC First Bank Ltd	68,517	30.5	5.98 %
Yes Bank Ltd	65,005	17.2	5.98 %
RBL Bank Ltd	62,376	71.2	5.77 %
Karur Vysya Bank Ltd	30,751	11.2	7.62 %
Bandhan Bank Ltd	29,856	22.1	6.41 %
City Union Bank Ltd	21,293	15.2	6.74 %
Jammu and Kashmir Bank Ltd	15,372	6.67	5.84 %
Tamilnad Mercantile Bank Ltd	13,674	9.47	7.51 %
South Indian Bank Ltd	12,760	8.45	6.42 %

No bulk or block deals on record.

Ex-date	Action	Factor
2026-06-25	Dividend - Rs 1.50 Per Share
2024-06-28	Dividend - Rs 16.50 Per Share
2023-06-02	Dividend - Rs 14 Per Share
2022-08-11	Annual General Meeting/Dividend - Rs 8.50 Per Share
2021-08-17	Dividend - Rs 5 Per Share
2019-08-08	Annual General Meeting/Dividend - Rs 7.50 Per Share
2018-07-18	Annual General Meeting / Dividend- Rs 7.50 Per Share (Date Revised)
2017-07-18	Annual General Meeting/Dividend - Rs 6/- Per Share
2016-06-23	Annual General Meeting/ Dividend -Rs 4.50/- Per Share
2015-08-07	Annual General Meeting And Dividend Rs.4/- Per Share
2014-06-16	Annual General Meeting / Dividend - Rs 3.50/- Per Share
2013-06-17	Annual General Meeting / Dividend Rs.3/- Per Equity Share
2012-07-05	Annual General Meeting/Dividend Rs 2.20 Per Share
2011-06-30	Annual General Meeting And Dividend Rs.2/- Per Share
2010-06-17	Annual General Meeting And Dividend Rs.1.80 Per Share
2009-06-22	Agm/Div-Rs.1.20 Per Share
2008-09-04	Agm/Dividend - 6% Bc Dates Revised
2007-08-31	Agm/Dividend-6% Purpose Revised
2006-09-14	Agm

Date	Type	What it says
2026-09-28	Press Release	A press release dated September 28, 2026, titled "IndusInd Bank launches Dedicated Banking Vertical for Indias Growing Global Capability Centres (GCCs...
2026-09-25	Concall / analyst meet	Outcome of Analysts/Institutional investors meet
2026-09-23	Concall / analyst meet	Outcome of Analysts/Institutional investors meet
2026-09-22	Concall / analyst meet	Outcome of Analysts/Institutional investors meet
2026-09-17	General Updates	ESG Rating by Niche Ninety Nine Capability and Certifications (OPC) Private Limited
2026-09-17	Concall / analyst meet	Outcome of Analysts/Institutional investors meet
2026-09-16	Concall / analyst meet	Schedule of analysts/institutional investors meet to be held on September 24-25, 2026
2026-09-16	Concall / analyst meet	Schedule of analysts/institutional investors meet to be held on September 23, 2026
2026-09-16	Concall / analyst meet	Schedule of analysts/institutional investors meet to be held on September 21-22, 2026
2026-09-16	Press Release	A press release dated September 16, 2026, titled "IndusInd Bank Takes HYROX India Partnership Multi-City as the Fitness Movement Gains Momentum".
2026-09-11	General Updates	General Updates regarding disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-09-11	Press Release	A press release dated September 11, 2026, titled "IndusInd Bank Launches Overdraft and Cash Credit Linked Corporate Credit Card for Businesses".
2026-09-10	ESOP	Exercise of 4160 Options.
2026-09-10	Concall / analyst meet	Schedule of Analysts/Institutional investors meet to be held on September 17, 2026
2026-09-10	Concall / analyst meet	Outcome of Schedule of Analysts/Institutional investors meet
2026-09-10	Press Release	A press release dated September 10, 2026, titled "Navi UPI and IndusInd Bank partner to strengthen infrastructure behind everyday digital payments".
2026-09-09	General Updates	ESG Rating by Crisil ESG Ratings & Analytics Limited
2026-09-09	General Updates	ESG rating by ESG Risk Assessments and Insights Limited
2026-09-03	Concall / analyst meet	Schedule of analysts/Institutional investors meet to be held on September 10, 2026.
2026-09-02	Concall / analyst meet	Outcome of Analysts/Institutional investors meet
2026-08-27	Director change	Change in Director(s) of the company.
2026-08-27	Shareholder meeting	Voting Results.
2026-08-27	Shareholder meeting	Proceedings of 32nd Annual General Meeting held on August 27, 2026
2026-08-27	Concall / analyst meet	Schedule of analysts/institutional investors meet to be held on September 02, 2026
2026-08-19	Credit Rating	Credit Rating

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

Put / call open interest1.10

Max pain (expiry 2026-10-27)920

Largest call open interest at900

Largest put open interest at900

Implied volatility, at the money29.3%

Underlying at snapshot886.85

Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.

Trade date	Shares sold short
2026-09-30	14,448
2026-09-29	4,200
2026-09-28	5

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Order date	Forum	Case
2021-01-22	NCLT	Rukmani Ram Tanwani Vs Indusind Bank Ltd
2020-11-25	NCLT	Indusind Bank Ltd Vs Cox And Kings Global Services Pvt Ltd
2020-11-06	NCLT	Indusind Bank Ltd Vs Cox And Kings Global Services Pvt Ltd

Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.

Scrip PE is greater than 50 (4 trailing quarters)