Indbank Merchant

Which are the latest news on Indbank Merchant?

Why is Indbank Merchant Banking Services Ltd falling/rising?

As of 18-Jul, Indbank Merchant Banking Services Ltd is experiencing a decline in its stock price, currently at 32.90, reflecting a total decline of -3.08% over the past five days and underperformance compared to the Sensex, which has gained +0.75%. The stock is trading below its moving averages and has seen a significant drop in investor participation, indicating a bearish trend.

As of 18-Jul, Indbank Merchant Banking Services Ltd is experiencing a decline in its stock price, currently at 32.90, which reflects a change of -0.36 or -1.08%. The stock has been underperforming significantly, as evidenced by its consecutive falls over the past five days, resulting in a total decline of -3.08% during this period. <BR><BR>In comparison to the benchmark Sensex, which has shown a positive return of +0.75% over the past week, Indbank's stock has decreased by -3.46%. This trend continues over longer periods, with the stock down -5.24% over the past month and -6.27% year-to-date, while the Sensex has posted gains in these time frames. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Investor participation has also declined, with a significant drop in delivery volume by -76.17% compared to the 5-day average, suggesting reduced interest in the stock. <BR><BR>Overall, these factors contribute to the ongoing decline in the stock price of Indbank Merchant Banking Services Ltd.

Are Indbank Merchant Banking Services Ltd latest results good or bad?

Indbank Merchant Banking Services Ltd's Q1 FY27 results are generally positive, with a net profit increase of 11.21% year-on-year and significant operational improvements. However, market skepticism and a low return on equity raise concerns about the stock's sustainability despite the strong performance.

Indbank Merchant Banking Services Ltd's latest results for Q1 FY27 can be considered good overall, reflecting significant operational improvements. The company reported a net profit of ₹2.38 crore, which is an impressive increase of 11.21% year-on-year and a remarkable 114.41% growth compared to the previous quarter. Revenue also saw a positive trend, reaching ₹6.90 crore, marking a 3.14% increase year-on-year and a substantial 17.15% increase quarter-on-quarter.<BR><BR>Additionally, the operating margin improved to 45.80%, the highest in the last seven quarters, indicating strong cost management and operational efficiency. The profit after tax (PAT) margin also rose to 34.49%, up from 31.99% in the same quarter last year.<BR><BR>However, despite these positive results, the stock has faced some market skepticism, evidenced by a decline in its share price following the announcement. The company's return on equity remains a concern at 8.29%, which is below industry benchmarks, and its premium valuation relative to peers raises questions about sustainability.<BR><BR>In summary, while the quarterly results demonstrate strong operational execution, the overall market perception and valuation concerns suggest a mixed outlook for investors.

Should I buy, sell or hold Indbank Merchant Banking Services Ltd?

How big is Indbank Merchant?

As of 10th June, Indbank Merchant Banking Services Ltd has a market capitalization of 147.00 Cr, with Net Sales of 25.11 Cr and a Net Profit of 7.13 Cr reported in the latest four quarters. Shareholder's Funds are valued at 91.65 Cr, and Total Assets amount to 116.45 Cr.

As of 10th June, Indbank Merchant Banking Services Ltd has a market capitalization of 147.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 25.11 Cr and a Net Profit of 7.13 Cr.<BR><BR>For the latest annual period ending in March 2025, Shareholder's Funds were valued at 91.65 Cr, while Total Assets amounted to 116.45 Cr.

Who are in the management team of Indbank Merchant?

The management team of Indbank Merchant includes G R Sundaravadivel, Chitra Murali, Vaijinath Gavarshetty, Satish Kumar Kalra (all Independent Directors), Imran Amin Siddiqui and Sunil Jain (Non-Executive Directors/Nominees), and V. Hari Babu (President & Whole-time Director).

The management team of Indbank Merchant includes the following members:<BR><BR>1. **G R Sundaravadivel** - Independent Director<BR>2. **Chitra Murali** - Independent Director<BR>3. **Vaijinath Gavarshetty** - Independent Director<BR>4. **Satish Kumar Kalra** - Independent Director<BR>5. **Imran Amin Siddiqui** - Non-Executive Director / Nominee<BR>6. **V. Hari Babu** - President & Whole-time Director<BR>7. **Sunil Jain** - Non-Executive Director / Nominee<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Indbank Merchant?

Indbank Merchant's peers include Quest Capital, IL&FS Inv. Manag., Shardul Sec., Almondz Global, Rikhav Securitie, LKP Securities, Dharni Capital, Swastika Investm, and Munoth Capital. Dharni Capital leads in 1-year returns at 21.68%, while Indbank Merchant has a return of -9.59%.

Peers: The peers of Indbank Merchant are Quest Capital, IL&FS Inv.Manag., Shardul Sec., Almondz Global, Rikhav Securitie, LKP Securities, Dharni Capital, Swastika Investm, and Munoth Capital.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dharni Capital, while Average management risk is found at LKP Securities and Swastika Investm, and the rest have Below Average management risk. Growth is rated as Good at Almondz Global and Dharni Capital, Average at IL&FS Inv.Manag. and Rikhav Securitie, and Below Average at Quest Capital, Shardul Sec., Indbank Merchant, LKP Securities, and Swastika Investm. All peers have an Excellent capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dharni Capital at 21.68%, while the peer with the lowest is Almondz Global at -37.41%. Indbank Merchant's 1-year return is -9.59%, which is better than Almondz Global but worse than Dharni Capital. Additionally, Quest Capital, Shardul Sec., Almondz Global, Rikhav Securitie, LKP Securities, Swastika Investm, and Munoth Capital all have negative six-month returns.

What does Indbank Merchant do?

Indbank Merchant Banking Services Ltd, a micro-cap company and subsidiary of Indian Bank, offers merchant banking, stock broking, and depository services. As of March 2026, it reported net sales of 6 Cr and a net profit of 1 Cr, with a market cap of INR 147 Cr.

Overview:<BR>Indbank Merchant Banking Services Ltd operates in the capital markets industry as a micro-cap company, providing services in merchant banking, stock broking, and depository participation.<BR><BR>History:<BR>Incorporated in August 1989 as a subsidiary of Indian Bank, Indbank became the first and only public sector merchant banking subsidiary in India to go public. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 6 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 147 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 21.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.03 <BR>Return on Equity: 7.39% <BR>Price to Book: 1.56 <BR><BR>Contact Details:<BR>Address: Khivraj Complex 1 1st Floor, 480 Anna Salai Nandanam Chennai Tamil Nadu : 600035 <BR>Tel: 91-44-24313094-97 <BR>Email: investors@indbankonline.com <BR>Website: http://www.indbankonline.com

When is the next results date for Indbank Merchant Banking Services Ltd?

The next results date for Indbank Merchant Banking Services Ltd is April 20, 2026.

The next results date for Indbank Merchant Banking Services Ltd is scheduled for April 20, 2026.

How has been the historical performance of Indbank Merchant?

Indbank Merchant has shown consistent growth in net sales and profitability, with net sales increasing from 8.12 crore in March 2019 to 26.78 crore in March 2025, and profit after tax rising from 1.77 crore to 8.46 crore in the same period. The company's total assets also grew significantly, reaching 116.45 crore by March 2025.

Answer:<BR>The historical performance of Indbank Merchant shows a steady increase in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Indbank Merchant's net sales have shown a consistent upward trend, increasing from 8.12 crore in March 2019 to 26.78 crore in March 2025. The total operating income followed a similar pattern, reaching 26.78 crore in March 2025, up from 24.92 crore in March 2024 and 18.28 crore in March 2023. Operating profit (PBDIT) has also improved significantly, with a value of 11.94 crore in March 2025 compared to just 1.97 crore in March 2019. The profit before tax reached 11.50 crore in March 2025, reflecting a strong growth from 1.81 crore in March 2019. Profit after tax has increased to 8.46 crore in March 2025 from 1.77 crore in March 2019. The company's total assets rose to 116.45 crore in March 2025, up from 70.28 crore in March 2020, while total liabilities increased to 116.45 crore in March 2025 from 70.28 crore in March 2020. Cash and cash equivalents improved to 1.00 crore in March 2025, indicating a recovery from previous years. Overall, Indbank Merchant has demonstrated significant growth in sales, profits, and asset base over the years.

Is Indbank Merchant overvalued or undervalued?

As of November 13, 2025, Indbank Merchant is fairly valued with a PE ratio of 26.25, lower than Bajaj Finance's 34.18, and despite a year-to-date return of -19.41% compared to the Sensex's 8.11%, its long-term performance of 371.81% over ten years suggests potential for recovery and growth.

As of 13 November 2025, the valuation grade for Indbank Merchant has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of 26.25, an EV to EBIT of 9.21, and a ROCE of 73.02%. <BR><BR>In comparison with peers, Indbank Merchant's PE ratio is significantly lower than Bajaj Finance, which stands at 34.18, indicating that Indbank may offer better value relative to its earnings. Additionally, Life Insurance, which is rated very attractive, has a much lower PE of 11.18, suggesting that Indbank is competitively positioned within the capital markets sector. Despite recent underperformance against the Sensex, with a year-to-date return of -19.41% compared to the Sensex's 8.11%, the long-term performance of 371.81% over ten years highlights the potential for recovery and growth.

Who are the top shareholders of the Indbank Merchant?

The top shareholder of Indbank Merchant is Indian Bank, holding 64.84% of the shares, followed by individual investors with 29.48%. Mutual funds and a foreign institutional investor hold minor stakes of 0.09% and 0.03%, respectively.

The top shareholders of Indbank Merchant are primarily the promoters, with Indian Bank holding the largest share at 64.84%. There are no pledged promoter holdings, and individual investors collectively hold 29.48% of the shares. Additionally, mutual funds have a minor stake through five schemes, accounting for 0.09%, and there is one foreign institutional investor (FII) with a 0.03% holding. There are no significant public shareholders listed.

What is the technical trend for Indbank Merchant?

As of June 5, 2025, Indbank Merchant's technical trend is neutral with mixed signals, showing a sideways movement due to conflicting indicators across weekly and monthly charts.

As of 5 June 2025, the technical trend for Indbank Merchant has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a bullish trend on the weekly chart but are mildly bearish on the monthly. Moving averages on the daily chart show a mildly bearish trend. The KST is mildly bullish weekly but bearish monthly, and the Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly. The OBV is bullish for both weekly and monthly periods. Overall, the mixed indicators suggest a sideways movement with no strong directional bias at this time.

Has Indbank Merchant declared dividend?

Indbank Merchant Banking Services Ltd has declared an 8% dividend, amounting to 0.8000 per share, with an ex-date of August 7, 2009. However, the dividend yield is 0%, and while total returns show significant growth over longer periods, the dividend has not contributed to returns recently.

Indbank Merchant Banking Services Ltd has declared an 8% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 8%<BR>- Amount per share: 0.8000<BR>- Ex-date: 07 Aug 09<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -25.85%, the dividend return was 0%, resulting in a total return of -25.85%.<BR><BR>In the 1-year period, the price return was -22.65%, the dividend return was 0%, resulting in a total return of -22.65%.<BR><BR>In the 2-year period, the price return was 39.6%, the dividend return was 0%, resulting in a total return of 39.6%.<BR><BR>In the 3-year period, the price return was 53.86%, the dividend return was 0%, resulting in a total return of 53.86%.<BR><BR>In the 4-year period, the price return was 126.18%, the dividend return was 0%, resulting in a total return of 126.18%.<BR><BR>In the 5-year period, the price return was 360.21%, the dividend return was 0%, resulting in a total return of 360.21%.<BR><BR>Overall, while Indbank Merchant has declared a dividend, the dividend yield is 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant growth over longer periods, particularly in the 4 and 5-year spans, despite the lack of dividend contributions.