Indian (NIFTY) Regional Banks Industry Analysis

UpdatedAug 03, 2026

DataAggregated Company Financials

Companies6

7D3.6%
3M-1.4%
1Y28.9%
YTDn/a

Over the last 7 days, the Regional Banks industry has risen 3.6%, driven by gains in Bandhan Bank and AU Small Finance Bank of 2.5% and 0.7%, respectively. During this same period, the Dhanlaxmi Bank underperformed, falling 7.4%. This means that the industry has gained 29% over the past year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the Indian Regional Banks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 04 Aug 2026	₹1.3t	₹297.7b	₹60.5b	13.2x	21.3x	4.3x
Thu, 02 Jul 2026	₹1.3t	₹279.7b	₹54.3b	14.7x	24.3x	4.7x
Sat, 30 May 2026	₹1.3t	₹279.7b	₹54.3b	13.9x	23.3x	4.5x
Mon, 27 Apr 2026	₹1.3t	₹250.7b	₹46.6b	17.1x	27.4x	5.1x
Wed, 25 Mar 2026	₹1.1t	₹250.7b	₹46.6b	15.1x	23.2x	4.3x
Fri, 20 Feb 2026	₹1.2t	₹250.7b	₹46.6b	17.8x	26.7x	5x
Sun, 18 Jan 2026	₹1.2t	₹244.3b	₹46.6b	16.5x	26.3x	5x
Tue, 16 Dec 2025	₹1.2t	₹244.3b	₹46.6b	15.8x	25.1x	4.8x
Thu, 13 Nov 2025	₹1.1t	₹244.3b	₹46.6b	16.4x	23.7x	4.5x
Sat, 11 Oct 2025	₹1.0t	₹260.2b	₹55.9b	12.6x	18.4x	3.9x
Mon, 08 Sep 2025	₹949.1b	₹260.2b	₹55.9b	12.1x	17x	3.6x
Wed, 06 Aug 2025	₹1.0t	₹259.7b	₹55.8b	12.8x	18x	3.9x
Fri, 04 Jul 2025	₹1.1t	₹266.2b	₹63.7b	12.3x	17.1x	4.1x
Sun, 01 Jun 2025	₹962.9b	₹266.2b	₹63.7b	11.1x	15.1x	3.6x
Tue, 29 Apr 2025	₹949.8b	₹262.5b	₹62.8b	11.1x	15.1x	3.6x
Thu, 27 Mar 2025	₹798.3b	₹258.0b	₹61.5b	9.8x	13x	3.1x
Sat, 22 Feb 2025	₹755.9b	₹258.0b	₹61.5b	9.6x	12.3x	2.9x
Mon, 20 Jan 2025	₹830.0b	₹251.5b	₹64.7b	10.6x	12.8x	3.3x
Wed, 18 Dec 2024	₹830.3b	₹251.5b	₹64.7b	10.2x	12.8x	3.3x
Fri, 15 Nov 2024	₹823.7b	₹251.5b	₹64.7b	10.2x	12.7x	3.3x
Sun, 13 Oct 2024	₹1.0t	₹237.7b	₹61.6b	12.5x	16.3x	4.2x
Tue, 10 Sep 2024	₹1.0t	₹237.7b	₹61.6b	12.1x	16.3x	4.2x
Thu, 08 Aug 2024	₹961.4b	₹237.9b	₹62.0b	12.8x	15.5x	4x
Sat, 06 Jul 2024	₹1.0t	₹223.0b	₹57.8b	14.4x	17.4x	4.5x
Mon, 03 Jun 2024	₹967.2b	₹222.6b	₹57.8b	13.7x	16.7x	4.3x
Wed, 01 May 2024	₹970.8b	₹226.1b	₹65.2b	11.7x	14.9x	4.3x
Fri, 29 Mar 2024	₹842.5b	₹222.8b	₹65.8b	11x	12.8x	3.8x
Sun, 25 Feb 2024	₹936.7b	₹222.6b	₹65.8b	12.5x	14.2x	4.2x
Tue, 23 Jan 2024	₹1.1t	₹207.0b	₹60.7b	11.8x	17.6x	5.1x
Thu, 21 Dec 2023	₹1.1t	₹207.0b	₹60.7b	11.8x	17.8x	5.2x
Sat, 18 Nov 2023	₹1.0t	₹207.0b	₹60.7b	10.7x	16.8x	4.9x
Mon, 16 Oct 2023	₹1.0t	₹191.8b	₹54.4b	10.9x	19.3x	5.5x
Wed, 13 Sep 2023	₹1.0t	₹191.8b	₹54.4b	9.9x	18.6x	5.3x
Fri, 11 Aug 2023	₹990.3b	₹191.8b	₹54.4b	9.4x	18.2x	5.2x

Price to Earnings Ratio

18.2x

Fri, 11 Aug 2023

Current Industry PE

Investors are optimistic on the Indian Regional Banks industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 21.3x which is higher than its 3-year average PE of 18.1x.

The industry is trading close to its 3-year average PS ratio of 4.3x.

Past Earnings Growth

The earnings for companies in the Regional Banks industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 13% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.