IDBI Bank

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by ICRA.
• ResultsProfit fallingIn the Sep 2026 quarter, sales rose 20% and profit fell 31% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 95% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 10.1 times its yearly earnings (P/E), cheaper than 89% of the time in the last 5 years. Its usual P/E is about 12.

IDBI Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)10.1 against a typical 12.2: cheaper than most peers (1st = cheapest).8th of 20
• Sales growth+19.8% against a typical +16.2% from a year earlier.7th of 20
• Profit growth−31.3% against a typical +34.9% from a year earlier.19th of 19
• Share price, 3 months−7.9% against a typical −5.9%.13th of 20
• Size₹ 82,245.1 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).4th of 17

Exchange filings and their impact on the company.

• 17 Oct 2026Outcome of Board MeetingMedium impactPositivePrice −2.2% on 19 Oct
  Core NII up ~20% with NIM at 4.11% and bad loans down, but headline profit fell on last year's NSDL sale base.

  IDBI Bank reported Q2 FY27 standalone net profit of Rs 2,205 cr, down 39% from last year, and total income of Rs 9,865 cr. The fall is due to a Rs 1,699 cr gain from selling NSDL shares last year; core interest income grew nearly 20% with net interest margin improving to 4.11%. Advances grew 18% year-on-year to Rs 2.71 lakh cr, gross bad loans fell to 2.12% and capital adequacy stayed strong at 27.1%.

  Full analysisFiling
• 14 Oct 2026General UpdatesHigh impactPositivePrice −7.7% on 15 Oct
  Fairfax to buy 60.72% of IDBI Bank for Rs 52,878 cr at Rs 81 per share, privatising the bank in India's largest financial-sector FDI.

  The government has approved Fairfax Financial Holdings, through 10955230 Canada Inc, as the strategic buyer for IDBI Bank, to acquire a 60.72% stake for Rs 52,878 cr at Rs 81 per share from the government and LIC. The bid was above the Rs 75.99 per share fair valuation benchmark, and the government will retain 15% and LIC 19% as public shareholders. Post-privatisation, IDBI Bank is expected to raise private capital and benefit from new technology and management to drive credit and deposit growth, subject to RBI fit-and-proper approval.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Rakesh Sharma

Chief Executive Officer, Managing Director, Executive Director

Smita Harish Kuber

Chief Financial Officer, Executive Director

Shalil Mukund Awale

Executive Director, Chief Compliance Officer

Anirudha Behera

Chief Risk Officer, Executive Director

Sumit Phakka

Deputy Managing Director, Executive Director

Jayakumar Subramonia Pillai

Deputy Managing Director, Executive Director

S. Shanmugasundaram

Executive Director - CSPD, Budget & Planning, Admin & FIMD

Joseph Kumar A

Executive Director - Mid Corporate Group (MCG), Trade Finance, CMS & GBG (Sales)