IndusInd Bank Limited

BSE:532187 Stock Report

Market Cap: ₹618.1b

IndusInd Bank Valuation

Is 532187 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 532187 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹270.21
Fair Value
193.6% overvalued intrinsic discount
41
Number of Analysts

Below Fair Value: 532187 (₹793.35) is trading above our estimate of fair value (₹270.21)

Significantly Below Fair Value: 532187 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532187?

Key metric: As 532187 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532187. This is calculated by dividing 532187's market cap by their current earnings.
What is 532187's PE Ratio?
PE Ratio24x
Earnings₹25.76b
Market Cap₹618.10b

Price to Earnings Ratio vs Peers

How does 532187's PE Ratio compare to its peers?

The above table shows the PE ratio for 532187 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.8x
YESBANK Yes Bank
27.1x22.88%₹663.3b
BANKINDIA Bank of India
5.6x-3.70%₹533.1b
539437 IDFC First Bank
33x44.27%₹491.3b
IOB Indian Overseas Bank
21.5xn/a₹729.1b
532187 IndusInd Bank
24x26.05%₹618.1b

Price-To-Earnings vs Peers: 532187 is expensive based on its Price-To-Earnings Ratio (24x) compared to the peer average (21.8x).


Price to Earnings Ratio vs Industry

How does 532187's PE Ratio compare vs other companies in the IN Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
532187 24.0xIndustry Avg. 11.7xNo. of Companies6PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532187 is expensive based on its Price-To-Earnings Ratio (24x) compared to the Indian Banks industry average (10.9x).


Price to Earnings Ratio vs Fair Ratio

What is 532187's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532187 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio13x

Price-To-Earnings vs Fair Ratio: 532187 is expensive based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (13x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 532187 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹793.35
₹806.24
+1.63%
25.21%₹1,350.00₹536.00n/a41
May ’26₹838.45
₹934.80
+11.49%
22.18%₹1,350.00₹600.00n/a41
Apr ’26₹682.75
₹1,029.07
+50.72%
18.56%₹1,350.00₹687.00n/a41
Mar ’26₹988.95
₹1,225.36
+23.90%
11.23%₹1,500.00₹964.00n/a42
Feb ’26₹1,009.65
₹1,258.55
+24.65%
14.46%₹1,825.00₹964.00n/a42
Jan ’26₹969.20
₹1,446.43
+49.24%
13.06%₹1,844.00₹1,119.00n/a42
Dec ’25₹996.40
₹1,473.14
+47.85%
12.40%₹1,844.00₹1,119.00n/a42
Nov ’25₹1,062.55
₹1,512.44
+42.34%
11.28%₹1,844.00₹1,200.00n/a41
Oct ’25₹1,409.15
₹1,766.15
+25.33%
7.55%₹2,010.00₹1,380.00n/a41
Sep ’25₹1,426.50
₹1,766.80
+23.86%
7.48%₹2,010.00₹1,380.00n/a41
Aug ’25₹1,419.60
₹1,767.41
+24.50%
7.46%₹2,010.00₹1,380.00n/a41
Jul ’25₹1,457.15
₹1,842.71
+26.46%
7.17%₹2,036.00₹1,420.00n/a41
Jun ’25₹1,459.75
₹1,849.65
+26.71%
7.18%₹2,036.00₹1,420.00n/a40
May ’25₹1,515.60
₹1,848.44
+21.96%
7.10%₹2,036.00₹1,420.00₹838.4541
Apr ’25₹1,541.10
₹1,862.22
+20.84%
7.16%₹2,070.00₹1,380.00₹682.7541
Mar ’25₹1,526.15
₹1,861.90
+22.00%
7.21%₹2,070.00₹1,380.00₹988.9540
Feb ’25₹1,541.40
₹1,858.83
+20.59%
7.27%₹2,070.00₹1,380.00₹1,009.6542
Jan ’25₹1,600.30
₹1,714.28
+7.12%
6.56%₹2,000.00₹1,450.00₹969.2039
Dec ’24₹1,461.15
₹1,695.58
+16.04%
5.66%₹1,891.00₹1,450.00₹996.4038
Nov ’24₹1,431.80
₹1,684.80
+17.67%
6.22%₹1,891.00₹1,450.00₹1,062.5540
Oct ’24₹1,428.80
₹1,646.95
+15.27%
7.11%₹1,891.00₹1,250.00₹1,409.1539
Sep ’24₹1,417.30
₹1,629.26
+14.95%
6.89%₹1,872.00₹1,250.00₹1,426.5039
Aug ’24₹1,393.95
₹1,615.41
+15.89%
7.68%₹1,872.00₹1,250.00₹1,419.6039
Jul ’24₹1,375.05
₹1,457.78
+6.02%
9.70%₹1,804.00₹1,060.00₹1,457.1537
Jun ’24₹1,291.25
₹1,441.84
+11.66%
9.18%₹1,804.00₹1,060.00₹1,459.7537
May ’24₹1,152.05
₹1,428.20
+23.97%
9.98%₹1,804.00₹1,060.00₹1,515.6040
AnalystConsensusTarget
Consensus Narrative from 41 Analysts
₹806.19
Fair Value
1.6% undervalued intrinsic discount
41
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/23 07:10
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IndusInd Bank Limited is covered by 75 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj AgarwalAmbit Capital
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited