Indian Overseas Bank

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

• DebtHigh safetyRated AA+ to AA by 3 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 19% and profit rose 49% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 92%, down from 95% in Jun 2025.
• ValuationCheap vs its pastThe share trades at 9.3 times its yearly earnings (P/E), cheaper than 100% of the time in the last 4 years. Its usual P/E is about 23.

Indian Overseas 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)9.3 against a typical 7: pricier than most peers (1st = cheapest).10th of 12
• Sales growth+18.8% against a typical +12.3% from a year earlier.1st of 12
• Profit growth+49.3% against a typical +23.7% from a year earlier.1st of 12
• Share price, 3 months−13.5% against a typical −4.7%.10th of 12
• Size₹ 55,249.2 Cr. market value against a typical ₹ 59,662.7 Cr. (1st = largest).8th of 11

Exchange filings and their impact on the company.

• 26 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +5.9% that day
  Q2 PAT surged 56% YoY to Rs 1,912 cr on strong NII and sharply lower NPAs.

  Indian Overseas Bank reported Q2 FY27 standalone net profit of Rs 1,912 cr, up 56% from Rs 1,226 cr a year ago, on total income of Rs 10,428 cr. H1 profit rose 53% to Rs 3,572 cr with advances up 25% YoY to Rs 3.42 lakh cr. Asset quality improved sharply with Gross NPA down to 1.19% from 1.83% and Net NPA to 0.16%, supporting higher profitability and book value growth.

  Full analysisFiling
• 24 Oct 2026General UpdatesLow impactNegativePrice +5.9% on 26 Oct
  RBI found IOB understated risk-weighted assets, but capital ratios stay above minimum with no profit hit.

  Indian Overseas Bank disclosed that RBI's Supervisory Evaluation for 2026 found it had not applied correct risk weights to certain corporate ECB syndication loans and undisbursed exposures, leading to under-reporting of risk-weighted assets as of March 31, 2026. The bank said the RBI-assessed RWA and CRAR have no impact on reported net profit for FY26 and that its CET1 and total capital ratios remain well above RBI minimums of 5.5% and 11.5%. It added the observations have already been factored into its RWA and CRAR calculations for the quarter ended September 30, 2026.

  Full analysisFiling
• 20 Oct 2026General UpdatesLow impactPositivePrice −1% on 21 Oct
  SEBI cleared IOB to issue up to 10 crore shares to staff to lift public float, a ~0.5% dilution.

  Indian Overseas Bank has received SEBI approval to issue up to 10 crore new equity shares to eligible employees through an Employee Stock Purchase Scheme. The approval allows this as a method to meet minimum public shareholding norms. At the current share price of about Rs 31, this is worth about Rs 310 crore and represents about 0.5% dilution, giving a small capital boost and helping on MPS compliance.

  Full analysisFiling
• 12 Oct 2026General UpdatesLow impactNeutralPrice +1.8% on 13 Oct
  Routine MCLR reset from Oct 15, 2026 with negligible near-term earnings impact.

  Indian Overseas Bank informed the exchanges that it has revised its Marginal Cost of Funds based Lending Rate (MCLR) with effect from October 15, 2026. The filing does not disclose the tenor-wise rates in the extracted text. This is a routine loan-pricing reset and is not expected to meaningfully change interest income or profitability over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ajay Kumar Srivastava

Chief Executive Officer, Managing Director, Executive Director

Madhaw Chandra Jha

Chief Financial Officer, Deputy General Manager

Raghuram Mallela

Compliance Officer, Deputy General Manager, Company Secretary

Joydeep Dutta Roy

Executive Director

Dhanaraj T.

Executive Director