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INDU

IndusInd BankNSEI:INDUSINDBK Stock Report

Last Price

₹893.25

Market Cap

₹691.7b

7D

-5.1%

1Y

-5.7%

Updated

19 Jan, 2022

Data

Company Financials
INDUSINDBK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends3/6

INDUSINDBK Stock Overview

IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions.

IndusInd Bank Competitors

Federal Bank

NSEI:FEDERALBNK

₹207.1b

City Union Bank

BSE:532210

₹106.5b

Equitas Small Finance Bank

BSE:543243

₹64.6b

DCB Bank

NSEI:DCBBANK

₹26.5b

Price History & Performance

Summary of all time highs, changes and price drops for IndusInd Bank
Historical stock prices
Current Share Price₹893.25
52 Week High₹1,242.00
52 Week Low₹789.00
Beta1.91
1 Month Change5.57%
3 Month Change-24.58%
1 Year Change-5.75%
3 Year Change-40.25%
5 Year Change-29.41%
Change since IPO2,009.21%

Recent News & Updates

Shareholder Returns

INDUSINDBKIN BanksIN Market
7D-5.1%-0.6%0.2%
1Y-5.7%18.8%34.4%

Return vs Industry: INDUSINDBK underperformed the Indian Banks industry which returned 18.8% over the past year.

Return vs Market: INDUSINDBK underperformed the Indian Market which returned 34.4% over the past year.

Price Volatility

Is INDUSINDBK's price volatile compared to industry and market?
INDUSINDBK volatility
INDUSINDBK Average Weekly Movement5.8%
Banks Industry Average Movement4.8%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.1%

Stable Share Price: INDUSINDBK is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: INDUSINDBK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199429,661Sumant Kathpaliahttps://www.indusind.com

IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense and corporate salary, and RFC accounts; and fixed and FCNR, sweep in/out deposits, senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products.

IndusInd Bank Fundamentals Summary

How do IndusInd Bank's earnings and revenue compare to its market cap?
INDUSINDBK fundamental statistics
Market Cap₹691.69b
Earnings (TTM)₹39.19b
Revenue (TTM)₹139.48b

17.6x

P/E Ratio

1.5x

P/B Ratio

Is INDUSINDBK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
INDUSINDBK income statement (TTM)
Revenue₹139.48b
Cost of Revenue₹0
Gross Profit₹139.48b
Expenses₹100.29b
Earnings₹39.19b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)50.60
Gross Margin100.00%
Net Profit Margin28.10%
Debt/Equity Ratio102.1%

How did INDUSINDBK perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

10%

Payout Ratio

Valuation

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

17.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: INDUSINDBK (₹893.25) is trading above our estimate of fair value (₹186.54)

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


Price To Earnings Ratio

PE vs Industry: INDUSINDBK is poor value based on its PE Ratio (17.6x) compared to the Indian Banks industry average (15.8x).

PE vs Market: INDUSINDBK is good value based on its PE Ratio (17.6x) compared to the Indian market (23.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: INDUSINDBK is overvalued based on its PB Ratio (1.5x) compared to the IN Banks industry average (1x).


Future Growth

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

23.1%

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 IndusInd 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.


Past Performance

How has IndusInd Bank performed over the past 5 years?

3.6%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: INDUSINDBK's current net profit margins (28.1%) are higher than last year (23.7%).


Past Earnings Growth Analysis

Earnings Trend: INDUSINDBK's earnings have grown by 3.6% per year over the past 5 years.

Accelerating Growth: INDUSINDBK's earnings growth over the past year (40.1%) exceeds its 5-year average (3.6% per year).

Earnings vs Industry: INDUSINDBK earnings growth over the past year (40.1%) exceeded the Banks industry 32.4%.


Return on Equity

High ROE: INDUSINDBK's Return on Equity (8.6%) is considered low.


Financial Health

How is IndusInd 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: INDUSINDBK's Assets to Equity ratio (8.4x) is low.

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

Low Risk Liabilities: 82% of INDUSINDBK's liabilities are made up of primarily low risk sources of funding.

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

Low Risk Deposits: INDUSINDBK's Loans to Deposits ratio (80%) is appropriate.

Level of Bad Loans: INDUSINDBK has a high level of bad loans (2.8%).


Dividend

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

0.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INDUSINDBK's dividend (0.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: INDUSINDBK's dividend (0.56%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).


Stability and Growth of Payments

Stable Dividend: INDUSINDBK's dividend payments have been volatile in the past 10 years.

Growing Dividend: INDUSINDBK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.8%), INDUSINDBK's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Sumant Kathpalia (60 yo)

1.83yrs

Tenure

₹71,127,000

Compensation

Mr. Sumant Kathpalia serves as Managing Director and Chief Executive Officer of IndusInd Bank Ltd. since March 24, 2020 and serves as its Additional Director since March 24, 2020. Mr. Kathpalia served as t...


CEO Compensation Analysis

Compensation vs Market: Sumant's total compensation ($USD953.71K) is about average for companies of similar size in the Indian market ($USD902.14K).

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


Leadership Team

Experienced Management: INDUSINDBK's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: INDUSINDBK's board of directors are not considered experienced ( 2.8 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: INDUSINDBK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

IndusInd Bank Limited's employee growth, exchange listings and data sources


Key Information

  • Name: IndusInd Bank Limited
  • Ticker: INDUSINDBK
  • Exchange: NSEI
  • Founded: 1994
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₹691.688b
  • Shares outstanding: 774.57m
  • Website: https://www.indusind.com

Number of Employees


Location

  • IndusInd Bank Limited
  • One World Centre
  • Tower 1, 8th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 15:39
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.