IN
Indbank Merchant Banking Services Ltd (INDBANK)
₹25.36
Mkt cap
₹113 Cr
P/E ratio
15.60
P/B
1.14
Div yield
0.00%
ROE
7.34%
ROCE
10.30%
EPS (TTM)
₹1.63
Book value
₹22
52W range
24–47
Sector
Financial Services
Price history
Previous close
Incorporated in 1989, Indbank Merchant Banking Services Ltd. is engaged in Merchant Banking, Stock Broking, Depository Participant and allied activities.
NSE INDBANKBSE 511473
Health check
Cautious
ValuationCheap
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−46.21% from high₹25
₹24+4.75% from low₹47
Current
₹25.36
Prev close
₹25.06
Day
+1.20%
Price performance
1D
+2.15%
1W
−2.07%
1M
−19.09%
3M
−22.87%
6M
−17.04%
1Y
−21.95%
YTD
−28.04%
Financials
Revenue, profit & margin
P/E ratio
15.6×
INDBANK is 22% below the sector median of 19.9×
INDBANK15.6×
Sector median19.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.43 | 6.04 | 6.60 | 6.86 | 7.70 | 8.13 | 5.63 | 5.31 | 6.69 | 6.28 | 6.25 | 5.89 | 6.90 | |
| Expenses | 3.35 | 2.73 | 3.24 | 3.54 | 3.86 | 3.62 | 3.60 | 3.65 | 3.78 | 3.63 | 3.59 | 4.06 | 3.74 | |
| Operating Profit | 2.08 | 3.31 | 3.36 | 3.32 | 3.84 | 4.51 | 2.03 | 1.66 | 2.91 | 2.65 | 2.66 | 1.83 | 3.16 | |
| OPM % | 38.31% | 54.80% | 50.91% | 48.40% | 49.87% | 55.47% | 36.06% | 31.26% | 43.50% | 42.20% | 42.56% | 31.07% | 45.80% | |
| Other Income | 0.01 | 0.01 | 0.01 | 0.96 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 | 0.01 | 0.00 | 0.13 | 0.00 | |
| Interest | 0.03 | 0.03 | 0.00 | 0.01 | 0.02 | 0.02 | 0.05 | 0.04 | 0.07 | 0.09 | 0.02 | 0.01 | 0.01 | |
| Depreciation | 0.09 | 0.09 | 0.10 | 0.09 | 0.12 | 0.11 | 0.11 | 0.10 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | |
| Profit before tax | 1.97 | 3.20 | 3.27 | 4.18 | 3.71 | 4.38 | 1.89 | 1.52 | 2.78 | 2.51 | 2.58 | 1.88 | 3.08 | |
| Tax % | 22.84% | 24.38% | 21.71% | 39.95% | 23.18% | 24.66% | 38.10% | 25.00% | 23.02% | 26.29% | 25.97% | 35.64% | 23.05% | |
| Net Profit | 1.52 | 2.42 | 2.56 | 2.50 | 2.85 | 3.30 | 1.17 | 1.14 | 2.14 | 1.86 | 1.92 | 1.21 | 2.38 | |
| EPS in Rs | 0.34 | 0.55 | 0.58 | 0.56 | 0.64 | 0.74 | 0.26 | 0.26 | 0.48 | 0.42 | 0.43 | 0.27 | 0.54 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202664.84%Promoter
Promoters64.84%
FIIs0.00%
DIIs0.09%
Public35.07%
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Billionbrains | ₹191.76 | 49.31 | 1,20,302 | 0.00% | 735 | +94.28% | 1,501 | +66.01% | 37.32% |
| Motil.Oswal.Fin. | ₹1,010.00 | 30.75 | 60,901 | 0.59% | 1,274 | +9.56% | 3,426 | +25.16% | 12.66% |
| 360 ONE | ₹1,073.10 | 34.68 | 43,773 | 1.12% | 331 | +16.11% | 1,226 | +34.52% | 12.12% |
| Nuvama Wealth | ₹1,713.70 | 29.19 | 31,609 | 1.62% | 306 | +15.85% | 1,376 | +22.59% | 17.50% |
| Angel One | ₹299.10 | 26.49 | 27,339 | 1.35% | 231 | +102.15% | 1,430 | +25.35% | 14.77% |
| IIFL Capital | ₹345.10 | 19.08 | 10,877 | 0.87% | 184 | +4.99% | 631 | +2.29% | 21.07% |
| Share India Sec. | ₹228.15 | 13.74 | 4,993 | 0.70% | 124 | +47.48% | 448 | +31.25% | 18.41% |
| Indbank Merchant | ₹25.56 | 15.63 | 113 | 0.00% | 2 | +11.21% | 7 | +3.14% | 10.26% |
| Median: 31 Co. | ₹120.49 | 19.92 | 975 | 0.41% | 13 | +22.97% | 92 | +25.16% | 13.07% |
Filings
Annual reports15
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Aug - News Paper Advertisement published regarding ensuing AGMBook Closure For The Purpose Of Conducting The AGM 31 AugReg. 34 (1) Annual Report. 28 AugNotice Of 37Th AGM Scheduled To Be Held On Thursday, 24Th September 2026 At 11.30 AM 28 Aug - 37th AGM on 24 September 2026 via VC/OAVM; e-voting 21-23 September, Sunil Jain reappointment.Board Meeting Outcome for Outcome Of Board Meeting 25 Aug - Board fixed 37th AGM for September 24, 2026 via VC/OAVM.





