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Fundamentals scanner

Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.

IndusInd Bank

Financial ServicesNeutral
Market cap
₹79534.67 Cr
P/E
60.2x
ROE
Debt / equity

What the company does

IndusInd Bank Limited provides various banking products and financial services to individuals, corporations, government entities, and public sector undertakings in India. It operates in four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings, salary, current, and uniformed personnel accounts; fixed, recurring, auto sweep, senior citizen fixed, and term deposits; vehicle, used and new car, two wheeler, home, gold, agri, personal, medical equipment, term, business, and MSME loans; loans against property and securities; loans on credit card; and working capital, supply chain, and trade finance. It also provides debit, credit, prepaid, forex, duo, corporate, and business cards; life, health, and general insurance; foreign exchange services, including inward and outward remittances, and online forex portals; digital and WhatsApp banking; and national pension system, sovereign gold bonds, and government securities. In addition, the company offers mutual funds; bill payment; money transfer; NRI services; merchant solutions comprising POS terminal, payment gateway, digital rupee, and soundbox; transaction banking services, including trade finance, cash management, and tax payment; supply chain finance solutions, including supplier/vendor finance, channel finance, and receivable finance/factoring solutions; investment banking services consisting of debt syndication, debt and private equity fund-raising advisory, and M&A advisory; and inclusive banking. IndusInd Bank Limited was incorporated in 1994 and is headquartered in Mumbai, India.

Industry: Banks - RegionalEmployees: 46,778Beta: 0.49

Valuation — what you are paying

How the price compares to earnings, assets and cash generation.

  • P/E (trailing)60.2xWeak

    You are paying 60.2 years of current profit for each share. The earnings yield is 1.7%.

  • P/B (price to book)1.2xStrong

    The market values the company at 1.2× its accounting net worth. High is normal for asset-light businesses and unusual for banks.

  • EV / EBITDANo data

    Not available.

  • Dividend yield0.15%Weak

    Pays 0.15% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.

Profitability — is this a good business?

Returns on capital and margins, the numerical shadow of a moat.

  • Return on equityNo data

    Not available.

  • Return on assetsNo data

    Not available.

  • Operating margin27.3%Strong

    Keeps ₹27.3 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.

  • Net margin7.6%Fair

    Sustained high net margins are evidence that something is stopping competitors from competing the profits away.

Financial strength — can it survive a bad year?

Leverage and liquidity. This is where fragility shows up first.

  • Debt to equityNo data

    Not available.

  • Current ratioNo data

    Not available.

  • Total debt₹42789.19 CrNo data

    Against cash of ₹48932.35 Cr. Net debt is what matters, not gross borrowings.

  • Free cash flowNo data

    Not available.

Growth — is it getting bigger?

Revenue and earnings momentum, and how the two compare.

  • Revenue growth (yoy)+1.0%Weak

    Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.

  • Earnings growth (yoy)+71.7%Strong

    Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.

  • Revenue (TTM)₹17292.50 CrNo data

    EBITDA of — and operating cash flow of —.

  • PEG ratio0.72Strong

    P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.

Financial statements

Reported figures, most recent year first. All values in rupees.

FY2026FY2025FY2024FY2023
Revenue₹25211.38 Cr₹26715.51 Cr₹30011.69 Cr₹25764.89 Cr
Cost of revenue₹0.00₹0.00₹0.00₹0.00
Gross profit₹0.00₹0.00₹0.00₹0.00
Operating expenses₹0.00₹0.00₹0.00₹0.00
Operating income
Interest expense
Pre-tax income
Tax₹0.00₹0.00₹0.00₹0.00
Net profit₹889.34 Cr₹2612.90 Cr₹8977.30 Cr₹7443.49 Cr
Sourced from the provider’s filing data. Always verify against the company’s own annual report before acting on anything.
How to read this page. The grades are simple heuristics applied to standard thresholds — they take no account of industry norms, business cycle position, or accounting policy. A bank will always look over-leveraged by these rules, and a cyclical will look cheap at the top of its cycle. Use them as prompts to investigate, never as conclusions.