Indian Bank
Banking · NSE
52-week range
₹532 – ₹1,001
From 52w high
-13.5%
RSI (14)
43.7
vs SMA 50 / 200
↓ 50 · ↑ 200
Indian Bank (INDIANB) trades at a trailing PE of 9.88 and forward PE of 8.00, the lowest among the 6 Banking peers reviewed, while posting a 15.44% ROE and 34.14% profit margin in the most recent period. The stock is up 57.79% over 12 months but has pulled back 14.18% from its 52-week high, currently sitting 5.26% below the 50-DMA at ₹859 while remaining above the 200-DMA of ₹813.56. Q4 FY26 standalone profit grew 5% YoY to ₹3,103 crore with NII up 11%, and an ₹18.25/share dividend was declared, translating to a 2.11% yield at current price.
- ✓Lowest trailing PE (9.88) and forward PE (8.00) among 6 Banking-sector peers reviewed, and highest quality score (61) in the peer group.
- ✓ROE of 15.44% ranks 2nd among the 6 peers, above AXISBANK (13.15%), HDFCBANK (13.82%), HDFCLIFE (11.28%), and BAJAJFINSV (14.60%).
- ✓Q4 FY26 results showed 5% YoY profit growth to ₹3,103 crore and 11% NII growth, with a dividend of ₹18.25/share declared — the 2.11% dividend yield adds an income component to the return profile.
- ✓12-month price return of 57.79% leads the 6-stock peer group by a wide margin, with the next available peer return data absent, confirming INDIANB as the strongest 1-year performer in the set.
- ✗ROE has been above 15% for only 1 of the available historical years (consistency score 46/100), indicating the current ROE level does not yet reflect a long track record of sustained returns.
- ✗FCF was positive in only 2 of the available historical years, and the debt trend is classified as rising, which may pressure capital ratios if loan growth outpaces internal capital generation.
- ✗5-year revenue growth of 1.8% is low relative to the 6.4% 5-year earnings growth, suggesting the profit expansion has been margin- and provisioning-driven rather than top-line-led — a narrower base for sustaining growth.
- ✗Short-term price momentum has turned negative: down 2.33% over 3 months, 14.18% below the 52-week high, and below the 50-DMA (₹906.77) — with nearest resistance at ₹872.80, ₹919.60, and ₹923.00.
- ·Q4 FY26 results reported on April 29: standalone net profit ₹3,103 crore (+5% YoY), NII up 11%, and ₹18.25/share dividend declared — results were covered by The Economic Times and NDTV Profit.
- ·A CNBC report dated April 20 characterised mid-tier banks as vulnerable in the current Indian banking earnings cycle, noting ICICI Bank as a preferred name — INDIANB falls within the mid-tier public-sector category referenced.
- ·The RBI loosened restrictions on NDF contracts for clients (Reuters, April 21), a sector-wide development; Indian banks were reported to be holding back on implementing the change, reflecting ongoing regulatory and operational caution in the sector.
- ?Is the single year of ROE above 15% a structural turning point following years of NPA resolution, or does the persistence score of 46 suggest the improvement is not yet repeatable across cycles?
- ?Given that 5-year revenue growth is 1.8% while earnings growth is 6.4%, how much of the profit expansion depends on continued provision write-backs and margin improvement rather than loan-book growth?
- ?With the stock 14.18% off its 52-week high and short-term momentum negative, what does the gap between current price (₹859), the 50-DMA (₹906.77), and the nearest support cluster (₹807–₹833) imply about near-term price behaviour relative to the fundamental re-rating thesis?
- ?Does the rising debt trend in a bank context reflect aggressive but productive loan growth, or does it signal a deterioration in the asset-liability structure that could constrain dividend sustainability at ₹18.25/share?
PE
9.9
Forward PE
8.0
ROE
+15.4%
Profit margin
+34.1%
D/E
—
Dividend yield
+2.1%
Quality score
61/100
ROE 5y above 15%
1/5 yrs
FCF 5y positive
2/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.