INDUSINDBK

Indusind Bank Share PriceIndusInd Bank

₹1,483.55
6 (0.41%)
As on 29 November, 2023 | 21:32 BSE: 532187 NSE: INDUSINDBKISIN: INE095A01012

Indusind Bank Performance

Day Range

  • Low 1,471.25
  • High 1,489.55
₹ 1,483.55

52 Week Range

  • Low 990.00
  • High 1,538.50
₹ 1,483.55
  • Open Price1,484.00
  • Previous Close1,477.55
  • Volume3477076

Start SIP in IndusInd Bank

Start SIP

Indusind Bank Share Price

  • Over 1 Month 2.93%
  • Over 3 Month 5.96%
  • Over 6 Month 15.46%
  • Over 1 Year 25.66%

Indusind Bank Key Statistics

P/E Ratio 13.8
PEG Ratio 0.4
Market Cap Cr 115,361
Price to Book Ratio 2.1
EPS 95.1
Dividend 0.9
Relative Strength Index 52.91
Money Flow Index 49.28
MACD Signal 13.1
Average True Range 25.18

Indusind Bank Investment Rating

  • Master Rating:
  • Indusind Bank (Nse) has an operating revenue of Rs. 50,177.35 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 22% is great, ROE of 13% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 50 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 154 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

IndusInd Bank Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,24810,73010,0219,4578,7088,1827,860
Operating Expenses Qtr Cr 3,4783,2473,0672,8912,7932,6602,559
Operating Profit Qtr Cr 3,8813,8303,7533,6803,5203,3943,329
Depreciation Qtr Cr 0000000
Interest Qtr Cr 6,1715,8635,3514,9624,4064,0573,875
Tax Qtr Cr 726715682656592539504
Net Profit Qtr Cr 2,1812,1242,0411,9591,7871,6031,361
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 44,53438,219
Operating Expenses Annual Cr 11,4129,559
Operating Profit Annual in Cr 14,34612,839
Depreciation Cr 373321
Interest Annual Cr 18,77615,822
Tax Annual Cr 2,4701,563
Net Profit Annual Cr 7,3904,611
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -12,43816,600
Cash from Investing Activity Annual Cr -520-362
Cash from Financing Annual Activity Cr 1,115-4,302
Net Cash Flow Annual Cr -11,84311,936
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 54,62247,697
Fixed Assets Annual Cr 1,9931,849
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 372,695329,155
Total Assets Annual Cr 457,804401,975
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 704616
ROE Annual % 1410
ROCE Annual % 87
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,24810,73010,0219,4578,7088,1827,860
Operating Expenses Qtr Cr 3,4503,2453,0662,8852,7692,6262,509
Operating Profit Qtr Cr 3,9093,8313,7583,6863,5443,4313,381
Depreciation Qtr Cr 0000000
Interest Qtr Cr 6,1715,8635,3514,9624,4064,0573,875
Tax Qtr Cr 733715684658598549517
Net Profit Qtr Cr 2,2022,1252,0431,9641,8051,6311,401
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 44,54138,230
Operating Expenses Annual Cr 11,3469,311
Operating Profit Annual in Cr 14,41913,098
Depreciation Cr 407352
Interest Annual Cr 18,77615,822
Tax Annual Cr 2,4891,628
Net Profit Annual Cr 7,4434,805
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -12,44216,672
Cash from Investing Activity Annual Cr -560-406
Cash from Financing Annual Activity Cr 1,115-4,302
Net Cash Flow Annual Cr -11,88811,964
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 55,00548,026
Fixed Assets Annual Cr 2,0791,929
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 372,682329,109
Total Assets Annual Cr 457,837401,967
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 709620
ROE Annual % 1410
ROCE Annual % 87
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Indusind Bank Technicals

EMA & SMA

Current Price
₹1,483.55
6 (0.41%)
pointer
  • Bullish Moving Average
  • ___
  • 12
  • Bearish Moving Average
  • ___
  • 4
  • 20 Day
  • ₹1,480.03
  • 50 Day
  • ₹1,457.40
  • 100 Day
  • ₹1,415.85
  • 200 Day
  • ₹1,337.72
  • 20 Day
  • ₹1,484.96
  • 50 Day
  • ₹1,454.16
  • 100 Day
  • ₹1,429.54
  • 200 Day
  • ₹1,302.66

Indusind Bank Resistance and Support

PIVOT
₹1,481.45
Resistance
First Resistance 1,491.65
Second Resistance 1,499.75
Third Resistance 1,509.95
RSI 52.91
MFI 49.28
MACD Single Line 13.10
MACD 9.30
Support
First Resistance 1,473.35
Second Resistance 1,463.15
Third Resistance 1,455.05

Indusind Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,527,226 239,745,551 67.97
Week 3,687,221 221,896,930 60.18
1 Month 3,070,143 154,366,797 50.28
6 Month 3,107,372 145,984,349 46.98

Indusind Bank Result Highlights

IndusInd Bank Synopsis

NSE-Banks-Money Center

Indusind Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 36367.91 Cr. and Equity Capital is Rs. 775.90 Cr. for the Year ended 31/03/2023. IndusInd Bank Ltd. is a Public Limited Listed company incorporated on 31/01/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65191PN1994PLC076333 and registration number is 076333.
Market Cap 115,552
Sales 50,174
Shares in Float 66.10
No of funds 533
Yield 0.95
Book Value 2.11
U/D Vol ratio 1.1
LTDebt / Equity 90
Alpha 0.05
Beta 1.3

IndusInd Bank

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 16.47%16.49%16.5%16.51%
Mutual Funds 16.37%15.22%15.63%14.42%
Insurance Companies 8.5%8.26%8.15%7.85%
Foreign Portfolio Investors 41.48%42.34%42.16%44.79%
Financial Institutions/ Banks 0.01%0.15%0.01%
Individual Investors 7.42%7.91%7.83%7.37%
Others 9.76%9.77%9.58%9.05%

IndusInd Bank Management

Name Designation
Mr. Sunil Mehta Chairman
Mr. Sumant Kathpalia Managing Director & CEO
Mr. Pradeep Udhas Director
Mr. Sanjay Asher Director
Dr. T T Ram Mohan Director
Mr. Rajiv Agarwal Director
Mrs. Akila Krishnakumar Director
Mrs. Bhavna Doshi Director
Mr. Jayant Deshmukh Director
Mr. Shanker Annaswamy Director

Indusind Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Indusind Bank Corporate Action

Date Purpose Remarks
2023-10-18 Quarterly Results
2023-07-20 Others To consider Fund Raising through debt securities in any permitted mode on a private placement basis. per share(75%)Dividend
2023-07-18 Quarterly Results
2023-04-24 Audited Results & Final Dividend
2023-01-18 Quarterly Results
Date Purpose Remarks
2023-06-02 FINAL Rs.14.00 per share(140%)Final Dividend
2022-08-12 FINAL Rs.8.50 per share(85%)Dividend

IndusInd Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
ICICI Prudential Balanced Advantage Fund Growth 49,871
Parag Parikh Flexi Cap Regular Growth 44,038

About Indusind Bank

An Indian bank with headquarters in Mumbai, IndusInd Bank Ltd. is the first of the new-generation private banks in the country. It specialises in retail banking services and offers a wide range of transactional, commercial, and electronic products and services.

The bank started its operations in 1994 and has been striving to cater to the needs of corporate and consumer customers through multiple delivery channels.

IndusInd Bank was established in 1994 by Srichand P Hinduja with the primary objective of serving NRI customers, and the Indus Valley Civilization inspired the name. It was promoted by a group of NRIs, after which an IPO was introduced to raise capital of 1000 million INR. The bank gradually widened its portfolio by including services like Estate, Auto, Forex, and others.

In the 2000s, the bank introduced mobile and net banking facilities and tied up with exchange houses in the Middle East and US banks. Over the years, it underwent a series of mergers and acquisitions to grow into a global banking giant, introducing newer products and services for corporate clients.

The bank has received several awards and recognitions in the past few years and stands as one of the top players in the banking and financial services industry. 

Shareholding Pattern

As of March 2022, promoters hold 16.52% of the equity of IndusInd Bank Ltd., while foreign institutions hold 44.33% of their total stake. DII holds 21.84% of the company's equity, the public holds 15.29%, and others hold 0.02% of the total share.

Corporate Social Responsibility Information

IndusInd Bank Ltd. takes a triple bottom line approach whereby it strives to converge environmental responsibility and social impact into operations to deliver consistent profits to stakeholders.

It commits and makes efforts to become a more sustainable business while contributing to the society and environment. It integrates environmental, social, and governance into the business operations to achieve sustainable banking goals.

Water Stewardship

The bank runs several water resource programs to restore scarce and degraded lands and improve their water retaining capacities.

Lakes, drains, and ponds in urban areas of Indian states with high chances of degradation are maintained and restored in partnership with local communities and corporations.

Multiple RO water ATMs have been set up in regions facing drinking water accessibility and quality problems.  

Afforestation

The bank introduces an initiative to plant trees in urban areas of Indian states through the support of government officials and departments.

About 55,000 trees were planted across cities in the states of Delhi, Maharashtra, Uttar Pradesh, Haryana, West Bengal, Karnataka, and Tamil Nadu.

School Education Programs

Under this area, three primary programs are implemented, two focusing on giving remedial education to bridge gaps in arithmetic, reading, and comprehension in government schools.

In the third program, Education Centers are set up to provide tuition classes to students of low-income families to help them pass the tenth grade.

Healthcare

Under the bank's leadership, eHealth and telemedicine clinics were set up in remote locations during the pandemic.

Access was provided through mobile medical units, and awareness campaigns were conducted. Over 6 lakh lives were touched through these initiatives across over 550 villages.

Sports

The bank's sports programs focus on inclusion for underprivileged and differently-abled people.

Some of the programs covered in this area include Blind Cricket, Hockey for Her Excellence, Girl Power, Rural Champions, Para Champions, and more.

CoVID Relief

The bank had committed to spending about 25% of its CSR budget on pandemic relief through activities like training for doctors and staff, a donation to care funds, distribution of relief materials, and setting up kitchen gardens for the benefit of the villagers.

Financial Information

Top Line

Looking at the audited financial reports of IndusInd Bank Ltd., it can be said that the company's revenue has grown exponentially over the five years.

Net Worth

The company's net worth has grown considerably over the past few years, as seen from the consolidated financial reports.

 

IndusInd Bank FAQs

What is Share Price of IndusInd Bank ?

IndusInd Bank share price is ₹1,483 As on 29 November, 2023 | 21:18

What is the Market Cap of IndusInd Bank ?

The Market Cap of IndusInd Bank is ₹115361.4 Cr As on 29 November, 2023 | 21:18

What is the P/E ratio of IndusInd Bank ?

The P/E ratio of IndusInd Bank is 13.8 As on 29 November, 2023 | 21:18

What is the PB ratio of IndusInd Bank ?

The PB ratio of IndusInd Bank is 2.1 As on 29 November, 2023 | 21:18

Is IndusInd Bank a good buy?

As per analysts rating in the last 6 months, the recommendation is to BUY IndusInd Bank. IndusInd Bank has an operating revenue of INR 36,937.81 Cr. on a trailing 12-month basis. An annual revenue de-growth of -1% needs improvement, Pre-tax margin of 9% is okay. Institutional holding has gone up in the last reported quarter is a positive sign.

Who is the CEO of IndusInd Bank Ltd?

Sumant Kathpalia has been the CEO of IndusInd Bank since 24 Mar 2020.

What is the ROE of IndusInd Bank Ltd?

IndusInd Bank Ltd has an ROE of 6% which is fair but needs improvement.

What is the stock price CAGR of IndusInd Bank Ltd?

The stock price CAGR of IndusInd Bank for 10 Years is 13%, 5 Years is -4%, 3 Years is -18% and 1 Year is 5%.

How can you buy the shares of IndusInd Bank?

You can buy the shares of IndusInd Bank through a broker dealing in stocks or any online brokerage firm by opening a Demat account.

What is the face value of the shares of IndusInd Bank?

The shares of IndusInd Bank have a face value of INR 10 each.

Q2FY23