🔔 Leadership Alert
IndusInd Bank CFO Gobind Jain resigns; Arun Khurana to assume CFO responsibilities effective January 21.
IndusInd Bank Analyst Rating
based on 42 analysts
69.05%
Buy
26.19%
Hold
4.76%
Sell
Based on 42 analysts offering long term price targets for IndusInd Bank. An average target of ₹1391.36
Source: S&P Global Market Intelligence
IndusInd Bank Share analysis
IndusInd Bank price forecast by 42 analysts
Upside of43.30%
High
₹1844
Target
₹1391.36
Low
₹1040
IndusInd Bank target price ₹1391.36, a slight upside of 43.3% compared to current price of ₹970.95. According to 42 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
IndusInd Bank revenue growth forecast
Expected growth rate Q1, FY2027:0
Forecast
Actual
Including amortisation and stock based compensations
IndusInd Bank EPS growth forecast
EPS estimate Q1, FY2027:29.49%
Forecast
Actual
Source: S&P Global Market Intelligence
IndusInd Bank Performance
Day's Low
Day's High
₹959Day's Price Range₹975.652 Week's Low
52 Week's High
₹926.4552-Week Price Range₹1,691.75
| Returns % | |
| 1 Month Return | + 0.6 % |
| 3 Month Return | -27.93 % |
| 1 Year Return | -39.8 % |
| Market Stats | |
| Previous Close | ₹975.35 |
| Open | ₹972.85 |
| Volume | 30.67L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹75,984.80Cr |
IndusInd Bank Key Statistics
| P/E Ratio | 9.27 |
| PEG Ratio | -3.51 |
| Market Cap | ₹75,984.80 Cr |
| P/B Ratio | 1.94 |
| EPS | 115.34 |
| Dividend Yield | 1.06 |
| Sector | Banks |
| ROE | 15.32 |
IndusInd Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹75,984.80 Cr | -5.42% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹24,353.05 Cr | -13.75% | NA | NA | NA | |
| BUY | ₹8,81,874.56 Cr | 25.82% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,21,287.83 Cr | 7.26% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹12,63,539.97 Cr | 6.09% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
IndusInd Bank Mutual Fund Holdings
About IndusInd Bank
IndusInd Bank Ltd is a full-service bank that offers a wide range of services, including personal banking, corporate banking, and international banking. It offers a variety of products and services, such as loans, credit cards, debit cards, mutual funds, and insurance. It also provides digital banking services such as mobile banking, internet banking, and e-commerce.
The bank has a strong presence in India, with over 1,500 branches and over 4,000 ATMs across the country. It also has a presence in the United Kingdom, Singapore, and Dubai. The bank's top products include savings accounts, current accounts, fixed deposits, term deposits, and recurring deposits. It also offers a range of popular brands, such as IndusInd Bank Platinum, IndusInd Bank Signature, and IndusInd Bank Platinum Plus.
Share Price: ₹970.95 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹75,984.80Cr as of today
Revenue: ₹14,871.25Cr as on September 2024 (Q3 24)
Net Profit: ₹1,331.29Cr as on September 2024 (Q3 24)
Listing date: 28 Jan, 1998
Chairperson Name: Sunil Mehta
| Organisation | IndusInd Bank |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
08:34 PM
-IndusInd Bank CFO Gobind Jain resigns; Arun Khurana to take over as CFO effective January 21.
09:15 PM
-IndusInd Bank reports a 40% y-o-y decline in Q2FY25 net profit, attributed to higher provisions for NPAs.
10:06 PM
-Analysts predict continued subdued earnings for IndusInd Bank in Q3 due to ongoing challenges in the microfinance segment.
Key events for IndusInd Bank Ltd
IndusInd Bank CFO Resignation Amid Profit Decline - 18 Jan, 2025
IndusInd Bank's CFO Gobind Jain resigns, with Arun Khurana stepping in. The bank faces a 40% decline in Q2FY25 net profit, raising concerns for Q3 earnings.Government Acquires Stake in IndusInd Bank - 15 Jan, 2025
The Government of Singapore purchased 9,295,047 equity shares, representing a 1.3% stake in IndusInd Bank. The bank reported Q2FY24 revenue of Rs 12,686 crore and a net profit of Rs 1,325 crore.IndusInd Bank Set for MSCI Weight Increase - 14 Jan, 2025
IndusInd Bank is poised for a significant increase in its MSCI index weight due to reduced foreign holdings, potentially leading to inflows of $250–300 million. The stock has seen a recent surge amid positive sentiment, despite ongoing concerns about deposit performance and asset quality. Overall, the outlook appears optimistic as the bank prepares for the upcoming rebalancing in February 2025.IndusInd Bank Sees Potential MSCI Inflows - 13 Jan, 2025
IndusInd Bank's foreign investment headroom has increased, potentially doubling its MSCI weight in February 2025, which could attract significant inflows. However, concerns about slowing revenue growth and asset quality issues persist, leading to mixed analyst ratings.IndusInd Bank Downgraded by Goldman Sachs, Shares Fall - 10 Jan, 2025
IndusInd Bank's shares dropped significantly after Goldman Sachs downgraded the stock to neutral, cutting the target price and citing concerns over rising defaults and earnings pressure.IndusInd Bank Reports Earnings and Loan Offloading - 09 Jan, 2025
IndusInd Bank's Q2 FY25 results show a 5% increase in NII and 15% growth in deposits. The bank also seeks bids to offload Rs 1,573 crore in non-performing loans.IndusInd Bank Faces Challenges Despite Recent Recovery - 08 Jan, 2025
IndusInd Bank's shares have rebounded 6% after a significant decline. Analysts express caution following disappointing Q3FY25 results, with target prices adjusted downwards.IndusInd Bank Faces Slower Credit Growth - 07 Jan, 2025
IndusInd Bank's Q3 business updates reveal slower credit growth compared to industry peers, raising concerns about its performance in the banking sector.IndusInd Bank Reports Mixed Q3 FY25 Performance - 04 Jan, 2025
IndusInd Bank's net advances rose 13% YoY to Rs 3,67,166 crore, while deposits declined 1% QoQ. Standalone net profit fell 39.24% YoY, despite a 9.91% increase in total income.IndusInd Bank Reports Growth Amid Target Price Cuts - 03 Jan, 2025
IndusInd Bank shows strong Q3 performance with 12% growth in advances and 11% in deposits. Target prices are cut by Jefferies and CLSA, but the stock gains momentum.IndusInd Bank Shares Plummet Amid Loan Growth Concerns - 31 Dec, 2024
IndusInd Bank shares fell 18.63% to ₹1,041.45 after the bank announced it would miss its loan growth target and reported a drop in Q2 profit due to rising bad loans in the microfinance sector. CEO Sumant Kathpalia indicated a need for cautious monitoring of performance.IndusInd Bank Faces Challenges Amid Loan Sale - 28 Dec, 2024
IndusInd Bank is selling unsecured loans at a significant discount due to asset quality issues. Despite a stock surge, YTD returns remain negative at 40.33%. The bank anticipates a $23 million inflow.IndusInd Bank Auctions Rs 1,573 Crore Microfinance Loans - 26 Dec, 2024
IndusInd Bank is auctioning Rs 1,573 crore of non-performing microfinance loans due to asset quality issues. The auction invites bids on a 100% cash basis, with a reserve price of Rs 85 crore. The bank aims to optimize its balance sheet amid rising slippages and declining profits.RBI Fines IndusInd Bank for Regulatory Violations - 20 Dec, 2024
The Reserve Bank of India has imposed a ₹27.30 lakh penalty on IndusInd Bank for non-compliance with regulations related to opening savings accounts for ineligible entities. This action follows a statutory inspection revealing deficiencies in regulatory adherence.
Insights on IndusInd Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 20.96% to 28.08% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 13.33% to 14.97% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, ICICI Bank Ltd has given 21.8% return, outperforming this stock by 66.0%
- NO EFFECT
Against Peers
In the last 3 years, ICICI Bank Ltd has given 50.0% return, outperforming this stock by 47.6%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 15.09% to 15.08% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, INDUSINDBK stock has moved down by -31.3%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 14.98K Cr → 14.87K Cr (in ₹), with an average decrease of 0.8% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 31.45% to 22.91% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 2.34K Cr → 1.33K Cr (in ₹), with an average decrease of 23.1% per quarter
News
IndusInd Bank CFO Resignation and Profit Decline Report
IndusInd Banks CFO, Gobind Jain, has stepped down from his position, citing personal reasons, according to an exchange notice. Arun Khurana, the banks Executive Director and Deputy CEO, will take over the role of CFO, effective Tuesday, January 21. Jain will complete a 90-day notice period and assist the bank with the transition until April 17. IndusInd Bank reported a significant 40 percent decline in its year-on-year (y-o-y) net profit and a 39 percent drop in quarter-on-quarter (q-o-q) performance for Q2FY25, with the consolidated net profit standing at Rs 1,331 crore. The decline is mainly attributed to increased provisions for non-performing assets (NPAs) linked to unsecured loans. Analysts anticipate that the bank may continue to report subdued earnings in Q3, given the ongoing challenges in the microfinance institution (MFI) segment.18 Jan, 2025 10:06 PMIndusInd Bank CFO Resignation and Q2FY25 Profit Decline
IndusInd Banks CFO Gobind Jain has resigned from the bank, citing personal reasons, the bank said in an exchange notice. Arun Khurana, ED and Deputy CEO, shall take additional charge as CFO of the bank with effect from Tuesday, January 21. IndusInd Bank reported a sharp 40 per cent year-on-year (y-o-y) and 39 per cent quarter-on-quarter (q-o-q) fall in its Q2FY25 consolidated net profit at ₹ 1,331 crore, largely due to higher provisions due to NPAs from unsecured loans. Analysts say the bank could report muted earnings in Q3 as well, considering continued stress in the MFI segment. The bank is among the largest MFI lenders in the country, with ₹32,723 crore of outstanding micro-loans as of September 30.18 Jan, 2025 09:15 PMIndusInd Bank CFO Resignation and Management Transition
IndusInd Bank CFO Gobind Jain has resigned, citing plans to explore other opportunities. Deputy CEO Arun Khurana will assume additional CFO responsibilities from 21 January. IndusInd Bank announced that its Chief Financial Officer (CFO), Gobind Jain, has stepped down to pursue other professional opportunities. Jain, who joined the bank nearly three-and-a-quarter years ago, will serve a 90-day notice period and assist with the transition process until April 17. I am keen to pursue opportunities outside the bank or within the promoter group after having put in close to 3.25 years, Jain said in his resignation letter. Arun Khurana, the lenders whole-time director and deputy CEO, will take over as CFO starting January 21. He is a qualified as a Chartered Accountant and has over 30 years of banking experience. Khurana, who has been with IndusInd since November 2011, assumed the role of deputy CEO in April 2020 and is also the overall head of global markets group (GMG), transaction banking group (TBG), investment banking etc.18 Jan, 2025 08:34 PMIndusInd Bank Financials
Index Inclusions
IndusInd Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 15.08% | ||
| Foreign Institutions | 22.91% | ||
| Mutual Funds | 28.08% | 33.97 | |
| Retail Investors | 14.97% | 12.30 | |
| Others | 18.96% |
IndusInd Bank Key Indicators
IndusInd Bank Valuation
IndusInd Bank in the last 5 years
Lowest (4.58x)
March 25, 2020
Today (9.27x)
January 17, 2025
Industry (14.88x)
January 17, 2025
Highest (34.49x)
February 25, 2021
IndusInd Bank Earnings and Dividends
IndusInd Bank Ltd Earnings Results
IndusInd Bank Ltd’s net profit fell -39.55% since last year same period to ₹1,331.29Cr in the Q2 2024-2025. On a quarterly growth basis, IndusInd Bank Ltd has generated -38.67% fall in its net profits since last 3-months.
Read More about Earnings ResultsIndusInd Bank Ltd Dividends April,2024
In the quarter ending March 2024, IndusInd Bank Ltd has declared dividend of ₹16.50 - translating a dividend yield of 1.70%.
Read More about Dividends
IndusInd Bank Technicals Summary
Bearish
Neutral
Bullish
IndusInd Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on IndusInd Bank Ltd
IndusInd Bank Ltd share price today stands at ₹970.95, Open. ₹972.85 ; Previous Close. ₹975.35 ; High. ₹975.6 ; Low. ₹959 ; 52 Week High. ₹1691.75 ; 52 Week Low: ₹926.45.
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy IndusInd Bank Ltd shares.
IndusInd Bank Ltd is listed on NSE
IndusInd Bank Ltd is listed on BSE
- Today’s highest price of IndusInd Bank Ltd is ₹975.6.
- Today’s lowest price of IndusInd Bank Ltd is ₹959.
PE Ratio of IndusInd Bank Ltd is 9.27
PE ratio = IndusInd Bank Ltd Market price per share / IndusInd Bank Ltd Earnings per share
Today’s traded volume of IndusInd Bank Ltd(INDUSINDBK) is 30.67L.
Today’s market capitalisation of IndusInd Bank Ltd(INDUSINDBK) is ₹75984.8Cr.
| IndusInd Bank Ltd(INDUSINDBK | Price |
|---|---|
52 Week High | ₹1691.75 |
52 Week Low | ₹926.45 |
IndusInd Bank Ltd(INDUSINDBK) share price is ₹970.95. It is down -42.61% from its 52 Week High price of ₹1691.75
IndusInd Bank Ltd(INDUSINDBK) share price is ₹970.95. It is up 4.80% from its 52 Week Low price of ₹926.45
| IndusInd Bank Ltd(INDUSINDBK | Returns |
|---|---|
1 Day Returns | -4.4% |
1 Month Returns | 0.6% |
3 Month Returns | -27.93% |
1 Year Returns | -39.8% |