INDUSINDBK

IndusInd Bank Limited

Private bank — retail and wholesale, with microfinance, vehicle finance and cards

Financial Services›Financial Services›Banks›Private Sector Bank

indusind.bank.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹877.00
Market cap
68,332 Cr
Stock P/E
51.7
P/B
1.04
Dividend yield
1.9%
ROE (FY26)
1.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

IndusInd Bank is a private sector bank that takes deposits and lends to retail customers, small businesses, corporates and government entities across India, with notable vehicle finance and microfinance businesses.

Company snapshot

7thBy market cap

Ranked among 20 companies in Private Sector Bank.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 74.3% of revenue

SegmentRevenue shareRevenuePBTAssets
Corporate / Wholesale Banking
21.9%
3,324 Cr966 Cr1,40,531 Cr
Other Banking Business
0.1%
10 Cr3 Cr0 Cr
Retail Banking
74.3%
11,254 Cr2,687 Cr2,35,040 Cr
Treasury Operations
17.1%
2,591 Cr68 Cr1,51,271 Cr

Shares add up to 113% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Cash flow from operations is higher than reported profit — earnings quality looks solid.
Concerns
  • ✗Net margin is very thin at 1.7% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income5,077 Cr5,296 Cr5,376 Cr5,408 Cr5,347 Cr5,228 Cr3,048 Cr4,640 Cr4,409 Cr4,562 Cr4,371 Cr4,685 Cr
Other income2,282 Cr2,396 Cr2,508 Cr2,442 Cr2,185 Cr2,355 Cr709 Cr2,157 Cr1,651 Cr1,707 Cr1,714 Cr1,787 Cr
Net operating income7,359 Cr7,692 Cr7,885 Cr7,849 Cr7,532 Cr7,583 Cr3,757 Cr6,797 Cr6,061 Cr6,269 Cr6,085 Cr6,471 Cr
Employee cost1,338 Cr1,391 Cr1,410 Cr1,438 Cr1,505 Cr1,483 Cr1,602 Cr1,805 Cr1,664 Cr1,905 Cr1,717 Cr1,792 Cr
Other expenses2,112 Cr2,258 Cr2,393 Cr2,459 Cr2,427 Cr2,500 Cr2,646 Cr2,424 Cr2,349 Cr2,094 Cr2,073 Cr1,906 Cr
Provisions & contingencies974 Cr969 Cr950 Cr1,050 Cr1,820 Cr1,744 Cr2,522 Cr1,760 Cr2,631 Cr2,096 Cr1,482 Cr1,384 Cr
Depreciation————————————
Profit before tax2,935 Cr3,073 Cr3,131 Cr2,902 Cr1,780 Cr1,857 Cr-3,013 Cr807 Cr-584 Cr174 Cr813 Cr1,389 Cr
Tax %25.0%25.1%25.0%25.2%25.2%24.5%22.7%25.2%25.2%26.4%26.9%25.3%
Net profit2,202 Cr2,301 Cr2,349 Cr2,171 Cr1,331 Cr1,402 Cr-2,329 Cr604 Cr-437 Cr128 Cr594 Cr1,037 Cr
EPS (₹)₹28.36₹29.60₹30.19₹27.89₹17.09₹18.01₹-29.90₹7.75₹-5.61₹1.64₹7.63₹13.31

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income6,063 Cr7,497 Cr8,846 Cr12,059 Cr13,528 Cr15,001 Cr17,592 Cr20,616 Cr19,031 Cr17,982 CrSign in free for the trailing twelve months
Other income4,171 Cr4,750 Cr5,647 Cr6,953 Cr6,501 Cr7,408 Cr8,173 Cr9,396 Cr7,690 Cr7,229 CrSign in free for the trailing twelve months
Net operating income10,234 Cr12,248 Cr14,493 Cr19,011 Cr20,029 Cr22,408 Cr25,765 Cr30,012 Cr26,722 Cr25,211 CrSign in free for the trailing twelve months
Employee cost———2,820 Cr3,039 Cr3,474 Cr4,179 Cr5,374 Cr6,028 Cr7,091 CrSign in free for the trailing twelve months
Other expenses———5,363 Cr5,118 Cr5,837 Cr7,167 Cr8,774 Cr10,033 Cr8,941 CrSign in free for the trailing twelve months
Provisions & contingencies———4,652 Cr7,943 Cr6,665 Cr4,487 Cr3,885 Cr7,136 Cr7,969 CrSign in free for the trailing twelve months
Depreciation——————————Sign in free for the trailing twelve months
Profit before tax———6,177 Cr3,929 Cr6,433 Cr9,932 Cr11,979 Cr3,526 Cr1,210 CrSign in free for the trailing twelve months
Tax %———27.8%25.4%25.3%25.1%25.1%27.0%26.5%Sign in free for the trailing twelve months
Net profit2,868 Cr3,606 Cr3,301 Cr4,458 Cr2,930 Cr4,805 Cr7,443 Cr8,977 Cr2,576 Cr889 CrSign in free for the trailing twelve months
EPS (₹)₹48.07₹60.20₹54.89₹64.33₹40.03₹62.07₹96.01₹115.54₹33.07₹11.42Sign in free for the trailing twelve months
Dividend payout %————0.0%8.1%8.9%12.1%49.9%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital598 Cr600 Cr603 Cr694 Cr773 Cr775 Cr776 Cr778 Cr779 Cr779 Cr
Reserves20,034 Cr23,228 Cr26,085 Cr33,371 Cr42,727 Cr47,252 Cr54,184 Cr62,134 Cr63,767 Cr64,689 Cr
Borrowings22,454 Cr38,289 Cr47,321 Cr60,754 Cr51,323 Cr47,323 Cr49,011 Cr47,611 Cr53,704 Cr42,789 Cr
Other liabilities1,35,564 Cr1,59,510 Cr2,03,812 Cr2,12,410 Cr2,68,080 Cr3,06,618 Cr3,53,865 Cr4,04,571 Cr4,35,858 Cr4,35,136 Cr
Total liabilities1,78,650 Cr2,21,628 Cr2,77,821 Cr3,07,229 Cr3,62,903 Cr4,01,967 Cr4,57,837 Cr5,15,094 Cr5,54,107 Cr5,43,394 Cr
Fixed assets (net)1,335 Cr1,339 Cr1,710 Cr1,871 Cr1,876 Cr1,929 Cr2,079 Cr2,324 Cr2,496 Cr2,546 Cr
CWIP——————————
Investments36,704 Cr50,078 Cr59,268 Cr59,938 Cr69,653 Cr70,930 Cr83,076 Cr1,06,486 Cr1,14,457 Cr1,25,007 Cr
Loans & advances1,13,081 Cr1,44,954 Cr1,86,394 Cr2,06,783 Cr2,12,595 Cr2,39,052 Cr2,89,924 Cr3,43,298 Cr3,45,019 Cr3,15,871 Cr
Cash & bank7,749 Cr10,962 Cr9,961 Cr13,683 Cr17,957 Cr15,698 Cr42,975 Cr18,561 Cr51,006 Cr29,946 Cr
Other assets19,782 Cr14,295 Cr20,488 Cr24,954 Cr60,821 Cr74,359 Cr39,784 Cr44,425 Cr41,129 Cr70,024 Cr
Total assets1,78,650 Cr2,21,628 Cr2,77,821 Cr3,07,229 Cr3,62,903 Cr4,01,967 Cr4,57,837 Cr5,15,094 Cr5,54,107 Cr5,43,394 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity11,569 Cr-20,700 Cr-6,389 Cr-12,907 Cr44,976 Cr16,672 Cr-12,442 Cr-16,925 Cr18,278 Cr993 Cr
Cash from investing-274 Cr-220 Cr-638 Cr-416 Cr-331 Cr-406 Cr-560 Cr-711 Cr-709 Cr-634 Cr
Cash from financing-2,768 Cr15,505 Cr8,590 Cr12,733 Cr-4,096 Cr-4,302 Cr1,115 Cr-2,242 Cr4,876 Cr-10,912 Cr
Net cash flow8,516 Cr-5,412 Cr1,568 Cr-570 Cr40,556 Cr11,975 Cr-11,808 Cr-19,869 Cr22,468 Cr-10,443 Cr
Free cash flow (OCF − Capex)11,282 Cr-20,936 Cr-7,032 Cr-13,328 Cr44,635 Cr16,258 Cr-13,013 Cr-17,655 Cr17,547 Cr301 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %13.9%15.1%12.4%13.1%6.7%10.0%13.5%14.3%4.0%1.4%

Regulatory ratios (standalone basis)

RBI ratios for the bank itself (standalone filing), on both views.

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross NPA——3,947 Cr5,147 Cr5,795 Cr5,517 Cr5,826 Cr6,693 Cr11,046 Cr11,095 Cr
Gross NPA %0.9%1.2%2.1%2.5%2.7%2.3%2.0%1.9%3.1%3.4%
Net NPA——2,248 Cr1,887 Cr1,477 Cr1,530 Cr1,715 Cr1,969 Cr3,287 Cr3,169 Cr
Net NPA %0.4%0.5%1.2%0.9%0.7%0.6%0.6%0.6%0.9%1.0%
CET1 %14.0%13.4%12.1%13.2%15.6%16.0%15.9%15.8%15.1%16.2%
Additional Tier 1 %0.7%1.2%1.6%1.4%1.3%0.8%0.4%0.0%0.0%0.0%
ROA %1.9%1.9%0.6%1.5%0.9%1.3%1.8%1.9%0.5%0.2%