IndusInd Bank Ltd

Market Cap
₹ 75054.00 Cr.
Current Price
₹ 964.00 Cr.
High / Low
₹ 1694.00 Cr. /947.00 Cr.
Stock P/E
9.24
Book Value
₹ 807.00 Cr.
Dividend Yield
₹ 1.71
ROCE
₹ 44.5 Cr.
ROE
-1.71 %
Face Value
₹ 10

About

IndusInd Bank Limited was incorporated in 1994 as a commercial bank under the Banking Regulation Act, 1949. The Bank is publicly held and provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. The Bank operates in India including at the International Financial Service Centres in India.[1].

Key Points

Pros
    Stock is trading at 1.20 times its book value Company has delivered good profit growth of 22.1% CAGR over last 5 years Company's median sales growth is 20.0% of last 10 years Company's working capital requirements have reduced from 62.6 days to 40.4 days
Cons
    Company has low interest coverage ratio. Promoter holding is low: 15.8% Company has a low return on equity of 13.5% over last 3 years. Contingent liabilities of Rs.16,75,077 Cr. Promoters have pledged 45.5% of their holding.

Peer comparison

S.No Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1 UltraTech Cem. 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
2 Ambuja Cements 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
3 Shree Cement 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
4 ACC 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
5 J K Cements 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
6 Nuvoco Vistas 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54
7 Prism Johnson 11112.10 38.57 96156.02 2.15 577.70 38.39 1673.90 15.88 39.54

Quarterly Results

Product Segments
Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Salse 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614

Profit & Loss

Related Party Product Segments
Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 TTM
Salse 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
YOY Sales Growth % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614

Balance Sheet

Corporate actions
Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 TTM
Equity Capital 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Reserves 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Borrowings 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Other Liabilities 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Total Liabilities 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Fixed Assets 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614
Total Assets 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155 4,614 4,614

Cash Flows

 
Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2023 Dec 2024
Cash from Operating Activity 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Cash from Investing Activity 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Cash from Financing Activity 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155

Ratios

 
Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2023 Dec 2024
Debtor Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Inventory Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Days Payable 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Cash Conversion Cycle 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Working Capital Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
ROCE % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155

Shareholding Pattern

Trades
  • Numbers in percentages
Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2023 Dec 2024
Debtor Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Inventory Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Days Payable 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Cash Conversion Cycle 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
Working Capital Days 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155
ROCE % 3,749 4,226 4,427 4,468 3,987 4,537 4,791 5,201 4,435 4,914 5,409 5,155