Indbank Merchant Banking Services Limited
NSE: INDBANKMarket Closed • NSE
Day range
52 week range
Indbank Merchant Banking Services Limited closed at INR25.10 (-1.1%) on volume 1.17x its 20-day average, trading 41.27% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved -36.7% QoQ
2024-09-12
AGM Announced
Annual General Meeting
2023-09-07
AGM Announced
Annual General Meeting
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Attractive Valuation: P/E of 15.9x trades below sector historical averages
Risks
Elevated Leverage Burden: Debt-to-Equity stands at 1.56x
Bull case
Market Leadership: Established operational scale in Capital Markets.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| — | Annual General Meeting | Annual General Meeting | — | 12 Sept 2024 |
| — | Annual General Meeting | Annual General Meeting | — | 07 Sept 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Sept 2022 |
| — | Annual General Meeting | Annual General Meeting | — | 17 Sept 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2020 |
| — | Annual General Meeting | Annual General Meeting | — | 12 Sept 2019 |
| — | Annual General Meeting | Annual General Meeting | — | 31 Aug 2018 |
| — | Annual General Meeting | Annual General Meeting | — | 07 Sept 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 15 Sept 2016 |
| — | Annual General Meeting | Annual General Meeting | — | 16 Sept 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 HDFC Bank LimitedHDFCBANK Open analysis | ₹11.24L | 15.93 | 1.79% | ₹46,355.55 | ₹19,059.72 | -45.69% | +17.23% |
 ICICI Bank LimitedICICIBANK Open analysis | ₹10.03L | 18.06 | 0.86% | ₹32,960.41 | ₹16,276.00 | -35.98% | +12.59% |
 State Bank of IndiaSBIN Open analysis | ₹8.89L | 10.32 | 1.81% | ₹62,915.13 | ₹25,121.00 | -29.09% | +13.56% |
 Bajaj Finance LimitedBAJFINANCE Open analysis | ₹6.11L | 29.36 | 0.56% | ₹13,929.00 | ₹6,081.00 | +17.62% | +27.62% |
 Life Insurance Corporation of IndiaLICI Open analysis | ₹5.03L | 8.37 | 2.54% | ₹2.40L | ₹13,584.00 | +6.76% | +24.00% |
 Kotak Mahindra Bank LimitedKOTAKBANK Open analysis | ₹4.45L | 21.93 | 0.15% | ₹11,266.63 | ₹5,480.00 | -41.22% | +22.54% |
 Axis Bank LimitedAXISBANK Open analysis | ₹4.02L | 14.51 | 0.08% | ₹21,381.52 | ₹7,114.00 | -3.52% | +22.53% |
 Bajaj Finserv Ltd.BAJAJFINSV Open analysis | ₹2.77L | 27.45 | 0.08% | ₹42,036.90 | — | +39.05% | — |
Incorporated in 1989, Indbank Merchant Banking Services Ltd. is engaged in Merchant Banking, Stock Broking, Depository Participant and allied activities.
IndiaFinancial Services
Is Indbank Merchant Banking Services Limited Shariah compliant?
Indbank Merchant Banking Services Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bbanking\b/i Debt to Market Cap (155.7%) exceeds AAOIFI threshold (≤ 33%). Non-permissible interest income (37.62%) exceeds 5% threshold.
What is Indbank Merchant Banking Services Limited's current valuation relative to peers?
Indbank Merchant Banking Services Limited trades at a P/E of 15.9x compared to the sector median of 16.5x, and a Price-to-Book of 1.1x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 1.56x. Interest coverage is 15.7x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.