Indbank Merchant

{
  "main_header": {
    "sid": 580002,
    "name": "Indbank Merchant",
    "stock_name": "Indbank Merchant",
    "full_name": "Indbank Merchant Banking Services Ltd",
    "name_url": "stocks-analysis/indbank-merchant",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "33.40",
    "chg": -0.52,
    "chgp": "-1.53%",
    "dir": -1,
    "prev_price": "33.92",
    "mcapval": "148.22 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511473,
    "symbol": "INDBANK",
    "ind_name": "Capital Markets",
    "ind_code": 5,
    "indexname": "India SENSEX",
    "isin": "INE841B01017",
    "curr_date": "May 15",
    "curr_time": "",
    "bse_nse_vol": "10.92 k",
    "exc_status": "Active",
    "traded_date": "May 15, 2026",
    "traded_date_str": "2026 05 15",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/indbank-merchant-580002-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-strong-sell-3989153",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/IndbankMerchant_mojoScore_3989153.png",
        "date": "2026-05-13 10:11:11",
        "description": "Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 18 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-strong-sell-3972528",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/IndbankMerchant_mojoScore_3972528.png",
        "date": "2026-05-02 10:10:38",
        "description": "Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 Mar 2026, reflecting a shift from the previous 'Sell' grade. However, the analysis and financial metrics discussed here represent the stock's current position as of 02 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Falls 4.81%: Valuation Shift and Profitability Pressure Shape Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-falls-481-valuation-shift-and-profitability-pressure-shape-week-3962714",
        "imagepath": "",
        "date": "2026-04-25 17:00:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>20 Apr:</strong> Stock opens at Rs.36.03, gains 1.38% amid stable market</p>\n                    <p><strong>21 Apr:</strong> Q4 FY26 results reveal profitability slump, stock drops 2.97%</p>\n                    <p><strong>22 Apr:</strong> Valuation upgrade to attractive on improved P/E and P/BV ratios</p>\n                    <p><strong>24 Apr:</strong> Stock closes week at Rs.33.83, down 1.66% on final trading day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.35.54</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Clos..."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Valuation Shifts Signal Renewed Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-valuation-shifts-signal-renewed-price-attractiveness-3956659",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/IndbankMerchant_valuationdot_3956659.png",
        "date": "2026-04-22 08:00:56",
        "description": "Indbank Merchant Banking Services Ltd has seen a notable shift in its valuation parameters, moving from a fair to an attractive rating, despite a recent downgrade in its overall mojo grade to Strong Sell. This article analyses the evolving price attractiveness of the stock through key valuation metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical averages and peer benchmarks within the capital markets sector."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-strong-sell-3955684",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/IndbankMerchant_mojoScore_3955684.png",
        "date": "2026-04-21 10:10:52",
        "description": "Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 Mar 2026, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed below are current as of 21 April 2026, providing investors with the latest perspective on the company’s position."
      },
      {
        "title": "Indbank Merchant Banking Q4 FY26: Profitability Slumps as Margins Compress Sharply",
        "link": "https://www.marketsmojo.com/news/result-analysis/indbank-merchant-banking-q4-fy26-profitability-slumps-as-margins-compress-sharply-3956002",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/IndbankMerchant_quaterlyResult_3956002.png",
        "date": "2026-04-21 09:46:15",
        "description": "Indbank Merchant Banking Services Ltd., the public sector merchant banking subsidiary, reported a significant deterioration in profitability for Q4 FY26, with net profit plunging 42.19% quarter-on-quarter to ₹1.11 crores from ₹1.92 crores in Q3 FY26. Year-on-year, the company barely managed a 2.63% decline from ₹1.14 crores in Q4 FY25. The micro-cap stock, currently trading at ₹35.25 with a market capitalisation of ₹156.43 crores, has declined 2.16% following the results announcement, reflecting investor disappointment over the sharp margin compression that plagued the quarter."
      },
      {
        "title": "When is the next results date for Indbank Merchant Banking Services Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-indbank-merchant-banking-services-ltd-3949872",
        "imagepath": "",
        "date": "2026-04-16 23:15:54",
        "description": "The next results date for Indbank Merchant Banking Services Ltd is scheduled for April 20, 2026...."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Valuation Shifts to Expensive Amid Strong Market Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-valuation-shifts-to-expensive-amid-strong-market-returns-3946486",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/IndbankMerchant_valuationdot_3946486.png",
        "date": "2026-04-15 08:01:30",
        "description": "Indbank Merchant Banking Services Ltd has seen a notable shift in its valuation parameters, moving from a very attractive to an expensive rating, despite delivering returns that outperform the Sensex over multiple time frames. This change in valuation metrics, coupled with a recent downgrade in its Mojo Grade to Strong Sell, signals a complex outlook for investors in the capital markets sector."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-strong-sell-3941378",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/IndbankMerchant_mojoScore_3941378.png",
        "date": "2026-04-10 10:10:57",
        "description": "Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 March 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 April 2026, providing investors with the latest insights into the company’s performance and outlook."
      }
    ],
    "total": 177,
    "sid": "580002",
    "stock_news_url": "https://www.marketsmojo.com/news/indbank-merchant-banking-services-580002"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "29-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Indbank Merchant Banking Services Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L65191TN1989PLC017883</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>NA</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>Not Applicable</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>MSEI</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: CHITRA MA <br/> Designation: Company Secretary and Compliance Officer <br/> EmailId: cs@indbankonline.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: MS Balaji <br/> Designation: Chief Financial Officer <br/> EmailId: cfo@indbankonline.com</div> </div> <div> <br/> Date: 29/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "24-Apr-2026",
      "details": "News Paper Advertisement with regard to publication of financial results for the quarter and year ended 31.03.2026.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of The Meeting",
      "datetime": "20-Apr-2026",
      "details": "This is to inform you that the Board at its meeting held on 20.04.2026 considered and approved the audited financial results and cash flow statement along with the auditors report for the year ended 31.03.2026. Please find enclosed a copy of the aforesaid documents for your records. In addition to the above documents a declaration regarding the unmodified opinion in the auditors report for the financial year 2025-26 is also enclosed.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Indbank Merchant Banking Services Ltd has declared <strong>8%</strong> dividend, ex-date: 07 Aug 09",
          "dt": "2009-08-07",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Indbank Merchant Banking Services Ltd is Rated Strong Sell

2026-05-13 10:11:11

Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 18 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Indbank Merchant Banking Services Ltd is Rated Strong Sell

2026-05-02 10:10:38

Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 Mar 2026, reflecting a shift from the previous 'Sell' grade. However, the analysis and financial metrics discussed here represent the stock's current position as of 02 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Indbank Merchant Banking Services Ltd Falls 4.81%: Valuation Shift and Profitability Pressure Shape Week

2026-04-25 17:00:03

Key Events This Week

20 Apr: Stock opens at Rs.36.03, gains 1.38% amid stable market

21 Apr: Q4 FY26 results reveal profitability slump, stock drops 2.97%

22 Apr: Valuation upgrade to attractive on improved P/E and P/BV ratios

24 Apr: Stock closes week at Rs.33.83, down 1.66% on final trading day

Week Open

Rs.35.54

Week Clos...

Read full news article

Indbank Merchant Banking Services Ltd Valuation Shifts Signal Renewed Price Attractiveness

2026-04-22 08:00:56

Indbank Merchant Banking Services Ltd has seen a notable shift in its valuation parameters, moving from a fair to an attractive rating, despite a recent downgrade in its overall mojo grade to Strong Sell. This article analyses the evolving price attractiveness of the stock through key valuation metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical averages and peer benchmarks within the capital markets sector.

Read full news article

Indbank Merchant Banking Services Ltd is Rated Strong Sell

2026-04-21 10:10:52

Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 Mar 2026, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed below are current as of 21 April 2026, providing investors with the latest perspective on the company’s position.

Read full news article

Indbank Merchant Banking Q4 FY26: Profitability Slumps as Margins Compress Sharply

2026-04-21 09:46:15

Indbank Merchant Banking Services Ltd., the public sector merchant banking subsidiary, reported a significant deterioration in profitability for Q4 FY26, with net profit plunging 42.19% quarter-on-quarter to ₹1.11 crores from ₹1.92 crores in Q3 FY26. Year-on-year, the company barely managed a 2.63% decline from ₹1.14 crores in Q4 FY25. The micro-cap stock, currently trading at ₹35.25 with a market capitalisation of ₹156.43 crores, has declined 2.16% following the results announcement, reflecting investor disappointment over the sharp margin compression that plagued the quarter.

Read full news article

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

2026-04-16 23:15:54

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

Read full news article

Indbank Merchant Banking Services Ltd Valuation Shifts to Expensive Amid Strong Market Returns

2026-04-15 08:01:30

Indbank Merchant Banking Services Ltd has seen a notable shift in its valuation parameters, moving from a very attractive to an expensive rating, despite delivering returns that outperform the Sensex over multiple time frames. This change in valuation metrics, coupled with a recent downgrade in its Mojo Grade to Strong Sell, signals a complex outlook for investors in the capital markets sector.

Read full news article

Indbank Merchant Banking Services Ltd is Rated Strong Sell

2026-04-10 10:10:57

Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 March 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 April 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

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