Indusind Bank
- Market cap
- ₹ 65,058 Cr.
- P/E
- 22.1x
- P/B
- 1.01x
- 52-week range
- 750.5 – 1,077.85
- ROE
- 1%
- Dividend yield
- 0.2%
- Debt / equity
- 0.68
- Sector
- Banks
- Industry
- Private Sector Bank
- Listed on
- NSE, BSE
About
IndusInd Bank Limited (the Bank) is engaged in providing financial services. The Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and small to medium enterprise (SME) loans. The Bank's segments include Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operation. The Treasury segment includes all investment portfolios, profit/ loss on sale of investments, profit/ loss on foreign exchange transactions, equities, income from derivatives and money market operations. The Corporate/ Wholesale Banking segment includes lending to and deposits from corporate customers and identified earnings and expenses of the segment. The Retail Banking segment includes lending to and deposits from retail customers and identifies earnings and expenses of the segment. The Retail Banking segment is sub-divided into Digital Banking and Other Retail Banking segment.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Private Sector Bank: 20 companies →Indusind 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)22.1 against a typical 12.2: pricier than most peers (1st = cheapest).19th of 20
- Sales growth+1.6% against a typical +16.2% from a year earlier.20th of 20
- Share price, 3 months−15.9% against a typical −5.9%.18th of 20
- Size₹ 65,058.2 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).5th of 17
Latest announcements
Exchange filings and their impact on the company.
- Q2 profit jumped to Rs 1,242 cr with NPAs at multi-quarter lows, confirming a strong earnings recovery.
IndusInd Bank reported unaudited Q2 FY27 consolidated net profit of Rs 1,241.79 crore versus a loss of Rs 436.88 crore a year ago and Rs 1,037.05 crore last quarter, with half-year profit at Rs 2,278.84 crore. Total income was Rs 14,043.91 crore, provisions fell to Rs 1,222.63 crore from Rs 2,631.19 crore, and Gross and Net NPAs improved to 2.73% and 0.83%. Advances grew to Rs 3.63 lakh crore and deposits to Rs 4.29 lakh crore, supporting a continued recovery in profitability and asset quality.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety, with caution
Rated AA+ by 2 agencies- India Ratings expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 19 Aug 2026 |
| India Ratings | IND AA+ | Negative | 2 Jul 2026 |
| CARE | — | — | 8 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Aug 2026 | ▲ Outlook raised | Crisil AA+ Outlook Negative → Stable | — | CRISIL | ₹ 45,500 Cr. | |
| 2 Jul 2026 | Reaffirmed | IND AA+ | — | India Ratings | ₹ 5,500 Cr. | |
| 8 Apr 2026 | Reaffirmed | — | — | CARE | ₹ 10,000 Cr. | |
| 23 Aug 2025 | Rating action | Crisil AA+ | — | CRISIL | ₹ 45,500 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 23 Oct 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ending September 30, 2026 |
| 22 Jul 2026 | Financial Results/Fund Raising/Other business matters | To consider and approve the Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026, fixing the date and time for the 32nd Annual General Meeting of the Bank and Fund Raising. |
| 24 Apr 2026 | Financial Results/Dividend | To consider and approve the Audited Consolidated and Standalone Financial Results of the Bank for the Quarter and Financial Year Ended March 31, 2026, and Recommendation of Dividend, If any, for the Financial Year 2025-26. |
| 23 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 18 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 28 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,572 | 12,199 | 12,547 | 12,686 | 12,801 | 10,634 | 12,264 | 11,609 | 11,373 | 11,005 | 11,310 | 11,796 |
| Interest | 6,277 | 6,822 | 7,139 | 7,339 | 7,573 | 7,586 | 7,624 | 7,199 | 6,811 | 6,634 | 6,625 | 7,227 |
| Expenses | 4,618 | 4,753 | 4,947 | 5,752 | 5,726 | 6,770 | 5,989 | 6,644 | 6,095 | 5,272 | 5,082 | 5,166 |
| Financing Profit | 677 | 623 | 460 | −405 | −498 | −3,722 | −1,350 | −2,235 | −1,533 | −901 | −397 | −596 |
| Financing Margin % | 6% | 5% | 4% | −3% | −4% | −35% | −11% | −19% | −13% | −8% | −4% | −5% |
| Other Income | 2,396 | 2,508 | 2,442 | 2,185 | 2,355 | 709 | 2,157 | 1,651 | 1,707 | 1,714 | 1,787 | 2,248 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3,073 | 3,131 | 2,902 | 1,780 | 1,857 | −3,013 | 807 | −584 | 174 | 813 | 1,389 | 1,652 |
| Tax % | 25% | 25% | 25% | 25% | 24% | −23% | 25% | −25% | 26% | 27% | 25% | 25% |
| Net Profit | 2,301 | 2,349 | 2,171 | 1,331 | 1,402 | −2,329 | 604 | −437 | 128 | 594 | 1,037 | 1,242 |
| EPS in Rs | 29.59 | 30.18 | 27.88 | 17.09 | 18 | −29.89 | 7.75 | −5.61 | 1.64 | 7.63 | 13.31 | 15.94 |
| Gross NPA % | 1.9% | 1.9% | 2% | 2.1% | 2.3% | 3.1% | 3.6% | 3.6% | 3.6% | 3.4% | 3.3% | 2.7% |
| Net NPA % | 0.6% | 0.6% | 0.6% | 0.6% | 0.7% | 1% | 1.1% | 1% | 1% | 1% | 1% | 0.8% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 15%
- 5 Years
- 10%
- 3 Years
- 8%
- TTM
- −4%
- 10 Years
- −9%
- 5 Years
- −21%
- 3 Years
- −51%
- TTM
- 495%
- 10 Years
- −3%
- 5 Years
- −6%
- 3 Years
- −16%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 9%
- 3 Years
- 7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indusind Bank | ₹ 851.00 | ₹ 65,058 Cr. | 22.1x | 1x | 1% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 19.3x | 2.9x | 16% | 25.9% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 6.6x | 1x | 15.8% | 33.2% |
Management
- Rajiv Anand
- Chief Executive Officer, Managing Director
- Viral Damania
- Chief Financial Officer
- Amitabh Kumar Singh
- Chief Human Resources Officer
- Anil M. Rao
- Chief Administrative Officer
- Ravi Pangal
- Chief Information Officer
- Anand Kumar Das
- Compliance Officer, Company Secretary
- Saurav Saha
- Chief Risk Officer
- Sumant Kathpalia
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.