BSE:532814

Stock Analysis Report

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Executive Summary

Indian Bank provides various banking product and services. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Indian Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532814 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532814's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

532814

2.2%

IN Banks

2.3%

IN Market


1 Year Return

-45.4%

532814

-12.7%

IN Banks

8.9%

IN Market

Return vs Industry: 532814 underperformed the Indian Banks industry which returned -12.7% over the past year.

Return vs Market: 532814 underperformed the Indian Market which returned 8.9% over the past year.


Shareholder returns

532814IndustryMarket
7 Day1.2%2.2%2.3%
30 Day9.2%19.4%8.9%
90 Day0.2%22.3%10.2%
1 Year-45.4%-45.4%-12.7%-12.7%11.0%8.9%
3 Year-83.7%-83.7%-28.2%-28.8%6.2%1.0%
5 Year-47.7%-49.3%4.4%2.2%53.0%41.5%

Long-Term Price Volatility Vs. Market

How volatile is Indian Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Indian Bank undervalued compared to its fair value and its price relative to the market?

6.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532814's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532814's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532814 is good value based on its PE Ratio (6.1x) compared to the IN Banks industry average (21x).

PE vs Market: 532814 is good value based on its PE Ratio (6.1x) compared to the Indian market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532814's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532814 is good value based on its PB Ratio (0.2x) compared to the IN Banks industry average (0.8x).


Next Steps

Future Growth

How is Indian Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indian Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Indian Bank performed over the past 5 years?

-6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532814 has a high level of non-cash earnings.

Growing Profit Margin: 532814's current net profit margins (9.9%) are lower than last year (15.4%).


Past Earnings Growth Analysis

Earnings Trend: 532814's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: 532814's earnings growth over the past year (11.2%) exceeds its 5-year average (-6.8% per year).

Earnings vs Industry: 532814 earnings growth over the past year (11.2%) exceeded the Banks industry -1.6%.


Return on Equity

High ROE: 532814's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Indian Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 532814's Assets to Equity ratio (15.7x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if 532814 has a sufficient allowance for bad loans.

Low Risk Liabilities: 91% of 532814's liabilities are made up of primarily low risk sources of funding.

Loan Level: 532814 has an appropriate level of Loans to Assets ratio (58%).

Low Risk Deposits: 532814's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: 532814 has a high level of bad loans (10.7%).


Next Steps

Dividend

What is Indian Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532814's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532814's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532814's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532814's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532814 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532814's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Padmaja Chunduru (59 yo)

2.17yrs

Tenure

₹3,170,000

Compensation

Ms. Padmaja Chunduru serves as Non- Executive Independent Woman Director at New India Assurance Company Ltd. since October 29, 2020. Ms. Chunduru served as Non- Executive Independent Woman Director at New ...


CEO Compensation Analysis

Compensation vs Market: Padmaja's total compensation ($USD42.82K) is below average for companies of similar size in the Indian market ($USD383.56K).

Compensation vs Earnings: Padmaja's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Padmaja Chunduru
MD, CEO & Director2.17yrs₹3.17m0.00044%
₹ 323.7k
Shenoy Vittal
Executive Director1.92yrs₹2.73m0.00044%
₹ 323.7k
Arun Bansal
GM of Accounts & CFO0.33yrno datano data
Gopi C R
GM & COO0.83yrno datano data
Deepak Sarda
GM of ITD & CTO0.83yrno datano data
Bimal Shah
Compliance Officer & Company Secretary3.33yrsno datano data
M. Karthikeyan
GM & Corporate Development Officer0.42yrno datano data
Sudhakar Iyer
GM & Chief Vigilance Officer1.83yrsno datano data
Ramachandran Krishnaswamy
Executive Director0.58yrno datano data
Sanjeev Suri
GM & Chief Learning Officer0.83yrno datano data
Sujit Dey
GM & Chief Risk Officer0.83yrno datano data

0.8yrs

Average Tenure

58.5yo

Average Age

Experienced Management: 532814's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Padmaja Chunduru
MD, CEO & Director2.17yrs₹3.17m0.00044%
₹ 323.7k
Shenoy Vittal
Executive Director1.92yrs₹2.73m0.00044%
₹ 323.7k
Ramachandran Krishnaswamy
Executive Director0.58yrno datano data
Bharath Sankar
Shareholder Director2.92yrsno data0.000020%
₹ 14.7k
Salil Jha
Independent Part-Time Non-Official Director2.92yrsno datano data
Sanjeev Kaushik
Government Nominee Director0.83yrno datano data
Santosh Panigrahy
Nominee Director1.58yrsno datano data

1.9yrs

Average Tenure

58yo

Average Age

Experienced Board: 532814's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 129.8%.


Top Shareholders

Company Information

Indian Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Indian Bank
  • Ticker: 532814
  • Exchange: BSE
  • Founded: 1907
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹73.578b
  • Shares outstanding: 1.13b
  • Website: https://www.indianbank.in

Number of Employees


Location

  • Indian Bank
  • 254-260, Avvai Shanmugam Salai
  • Royapettah
  • Chennai
  • Tamil Nadu
  • 600014
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532814BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2007
INDIANBNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2007

Biography

Indian Bank provides various banking product and services. The company provides deposit products, including savings and current accounts, term deposits, and Non Resident Indian (NRI) accounts. It also offe...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 12:33
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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 here.