INDUSINDBK

INDUSIND BANK

Large Cap BSE: 532187 NSE: INDUSINDBK
₹1180.6
-17.25 (-1.44%)
As on 29 November, 2022 | 21:00

Indusind Bank Performance

Day Range

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52 Week Range

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Indusind Bank Share Price

Indusind Bank Share Returns

  • Over 1 Month 2.93%
  • Over 3 Month 11.46%
  • Over 6 Month 27.58%
  • Over 1 Year 31.84%

Indusind Bank Key Statistics

P/E Ratio 15.1
PEG Ratio 0.3
Market Cap Cr 91,540
Price to Book Ratio 1.9
EPS 59.5
Dividend 0.7
Relative Strength Index 55.86
Money Flow Index 66.15
MACD Signal 0.77
Average True Range 26.25

Indusind Bank Investment Rating

  • Master Rating:
  • Indusind Bank (Nse) has an operating revenue of Rs. 40,211.74 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 13% is healthy, ROE of 10% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 19% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 40 indicates it belongs to a strong 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 definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

IndusInd Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 8,7088,1827,8607,7377,6507,5757,419
Operating Expenses Qtr Cr 2,7932,6602,5592,4652,3212,2142,253
Operating Profit Qtr Cr 1,5091,4651,4271,3281,3371,3491,281
Depreciation Qtr Cr 0000000
Interest Qtr Cr 4,4064,0573,8753,9443,9924,0113,885
Tax Qtr Cr 592539504390358312320
Net Profit Qtr Cr 1,7871,6031,3611,1611,114975876

Indusind Bank Technicals

EMA & SMA

Current Price
1180.6
-17.25 (-1.44%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1163.63
  • 50 Day
  • 1148.68
  • 100 Day
  • 1105.16
  • 200 Day
  • 1004.94
  • 20 Day
  • 1154.97
  • 50 Day
  • 1172.05
  • 100 Day
  • 1094.86
  • 200 Day
  • 1004.42

Indusind Bank Resistance and Support

PIVOT
₹1194.
Resistance
First Resistance 1209.3
Second Resistance 1220.75
Third Resistance 1236.05
RSI 55.86
MFI 66.16
MACD Single Line 0.77
MACD 6.44
Support
First Resistance 1182.55
Second Resistance 1167.25
Third Resistance 1155.8

Indusind Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,013,298 102,456,735 50.89
Week 3,490,633 186,364,875 53.39
1 Month 2,683,878 125,363,964 46.71
6 Month 3,886,063 144,639,267 37.22

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. 30822.44 Cr. and Equity Capital is Rs. 774.66 Cr. for the Year ended 31/03/2022. 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 91,494
Sales 40,205
Shares in Float 65.91
No of funds 408
Yield 0.71
Book Value 1.96
U/D Vol ratio 0.8
LTDebt / Equity 99
Alpha 0.09
Beta 1.41

IndusInd Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 16.51%16.51%16.52%
Mutual Funds 11.96%12.13%13.51%
Insurance Companies 8.31%8.76%8.18%
Foreign Portfolio Investors 46.97%45.83%46.33%
Financial Institutions/ Banks 0.01%0.01%0.01%
Individual Investors 7.34%8%8.37%
Others 8.9%8.76%7.08%

IndusInd Bank Management

Name Designation
Mr. Arun Tiwari Chairman
Mr. Sumant Kathpalia Managing Director & CEO
Mrs. Bhavna Doshi Director
Mr. Rajiv Agarwal Director
Mrs. Akila Krishnakumar Director
Mr. Shanker Annaswamy Director
Mr. Sanjay Asher Director
Dr. T T Ram Mohan Director
Mr. Jayant Deshmukh Director
Mr. Pradeep Udhas Additional 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
2022-10-19 Quarterly Results
2022-07-20 Quarterly Results
2022-07-18 Others Inter alia, to consider : 1. Fix the date and time for the 28th Annual General Meeting (' ;\GM') of the Bank and other related matters. per share(75%)Dividend. (Revised)
2022-04-29 Audited Results & Dividend
2022-01-29 Quarterly Results
Date Purpose Remarks
2022-08-12 FINAL Rs.8.50 per share(85%)Dividend

IndusInd Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
HDFC Balanced Advantage Fund Growth 49709
UTI Nifty 50 Exchange Traded Fund 39494
UTI S&P BSE Sensex ETF 26315

About Company

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.

As of March 2022, IndusInd Bank has about 2000 branches and 2767 ATMs across the country. It offers savings, current, corporate, defence salary, deposit, fixed and RFC accounts, schemes, loans, and credit cards. 

History

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.

The total revenue for the year 2018-19 was INR 22,030 crores which grew to INR 27,907 crores in 2019-20, INR 35,735 crores in 2020-21, and INR 38,230 crores in 2021-22.

Bottom Line

The bank's bottom line has also grown stronger over the last five years, with a profit margin of 30.52% for the financial year ending in March 2022.

The net profit for the year 2021-22 stood at INR 4,805 crores, up 64% year-over-year from INR 2,930 crores last year.

Net Worth

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

IndusInd Bank Ltd. reported a net worth of INR 43,365 crores in the latest financial report for the year ending in March 2022, which is an increase from the previous year at INR 34,706 crores.

IndusInd Bank FAQs

What is Share Price of IndusInd Bank ?

IndusInd Bank share price is ₹1180 As on 29 November, 2022 | 20:46

What is the Market Cap of IndusInd Bank ?

The Market Cap of IndusInd Bank is ₹91540.3 Cr As on 29 November, 2022 | 20:46

What is the P/E ratio of IndusInd Bank ?

The P/E ratio of IndusInd Bank is 15.1 As on 29 November, 2022 | 20:46

What is the PB ratio of IndusInd Bank ?

The PB ratio of IndusInd Bank is 1.9 As on 29 November, 2022 | 20:46

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