profit from every ₹100 of sales.
₹0₹100
Indian Bank
₹935.00+0.21% today
+19.7% in 1 year
1-year low ₹773.051-year high ₹991.30
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹10.76 for every ₹1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Indian Bank sold, what it kept, and what it did with the cash.
Sales went from ₹281 billion in 2023 to ₹378 billion in 2026, with ₹117 billion of profit last year.
SalesProfit
Indian Bank handed back 12% of the cash it generated last year.
₹21.9B
Free cash flow 2026₹183.6B
Bought back its own shares–
Paid as dividends₹21.9B
Cash vs. debt₹657.0B vs. ₹368.1B
Indian Bank vs. similar companies
Indian Bank grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Indian Bank | 10.8× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Indian Bank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 280,722 | 318,928 | 352,229 | 377,938 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 55,723 | 84,194 | 112,615 | 117,043 | |
| 44.74 | 66.03 | 83.61 | 86.89 | |
| – | – | – | – | |
| – | – | – | – | |
| 19.8% | 26.4% | 32.0% | 31.0% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 7,133,340 | 7,957,088 | 8,770,386 | 9,915,528 |
| Cash | 502,168 | 421,769 | 549,614 | 656,997 |
| Total debt | 220,924 | 231,429 | 333,743 | 368,066 |
| Total liabilities | 6,638,010 | 7,354,313 | 8,054,935 | 9,114,752 |
| 495,068 | 602,482 | 715,129 | 800,429 | |
| 1,245 | 1,275 | 1,347 | 1,347 | |
| – | – | – | – | |
| 11.3% | 14.0% | 15.7% | 14.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -278,940 | -86,173 | 173,964 | 188,155 | |
| 3,344 | 6,266 | 5,399 | 4,541 | |
| -282,284 | -92,438 | 168,565 | 183,614 | |
| Dividends paid | 8,095 | 10,711 | 16,164 | 21,888 |
| – | – | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 10.8×
- –
- 0.43
- 1.4×
- 3.3×
- 9.3%
- 1.7%
Profitability
- 31.0%
- –
- –
- –
- –
Growth
- +10.4%
- +24.8%
- –
- +2.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 30%of 873
Top 46%of 883
Top 14%of 933
1.7%of the share price, paid each year
On $1,000 invested$17a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
18.7% of its profit
Room to growStretchedMore than it earns: 11.9%
News
India pushes back after U.S. bars Microsoft, Indian firms from Visa programSeeking Alpha · Oct 9, 2026'Real boss of India?': Elon Musk takes aim at Indian billionaire Ambani as Starlink launch stallsCNBC · Oct 9, 2026Elon Musk blames Indian 'oligarchs' for stalling Starlink launchCNBC · Oct 8, 2026The Indian billionaire investing in Trump's refinery project is also buying more Venezuelan crudeCNBC · Oct 8, 2026Two Indian nationals charged with smuggling counterfeit Ozempic from China: DOJCNBC · Sep 29, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Indian Bank
Is Indian Bank a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Indian Bank AI analysis
What does Indian Bank do?
Indian Bank provides various banking products and services. It offers deposit products, including savings bank and current accounts, term deposits, and non-resident Indian (NRI) accounts. It is in Banks - Regional, based in Chennai, India, with 40,161 employees.
Does Indian Bank pay a dividend?
Yes. At today's price the dividend is 1.7% a year, about 19% of its yearly profit. In 2026 it paid out ₹21.9 billion in dividends.
Is Indian Bank stock halal?
No. Indian Bank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Indian Bank stock done over the past year?
Up 19.7% over the past twelve months, to ₹935.00. It traded between ₹773.05 and ₹991.30 and is 5.7% below its high.
Who are Indian Bank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Indian Bank's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.