INDBANK · NSE
Indbank Merchant Banking Services Limited
₹26.14
+1.91% (+₹0.49)
Prev. close
₹25.65
Volume
41,698
Delivery %
54.9%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Indbank Merchant Banking Services Limited
Indbank Merchant Banking Services Limited engages in the provision of merchant banking, stock broking, depository participant, and allied services in India. The company offers merchant banking services for public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates. It also provides advisory services for valuation of shares and other financial instruments, syndication of loans, acquisitions, and mergers and amalgamations, as well as for project counseling, appraisal, and feasibility studies. In addition, the company offers stock broking services in the cash, derivatives, and wholesale debt market segments for retail and institutional investors, as well as in cash segment; online trading services; and depository participant activities, as well as distributes mutual funds and other investment products. Indbank Merchant Banking Services Limited was incorporated in 1989 and is based in Chennai, India. Indbank Merchant Banking Services Limited is a subsidiary of Indian Bank.
Details
Sector
Financial Services
Industry
Capital Markets
CEO
Mr. V. Haribabu
Headquarters
Chennai
Employees
95
Website
indbankonline.comExchange
View on NSE ↗Key stats
Market cap
₹116.00 Cr
P/E ratio (TTM)
15.9
EPS (TTM)
₹1.64
Beta (1Y · daily vs NIFTY 50)
1.23
Beta (5Y · monthly vs NIFTY 50)
1.47
Shares float
1.40 Cr
EPS · quarter ended Jun 2026
₹0.54
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹12.01 Cr | ₹17.63 Cr | ₹15.91 Cr | ₹19.57 Cr | ₹20.95 Cr | ₹19.01 Cr | |
| EBITDA | ₹6.59 Cr | ₹10.26 Cr | ₹6.35 Cr | ₹12.10 Cr | ₹12.06 Cr | ₹10.08 Cr |
| ₹4.05 Cr | ₹6.96 Cr | ₹3.50 Cr | ₹9.00 Cr | ₹8.46 Cr | ₹7.12 Cr | |
| Diluted EPS | ₹0.91 | ₹1.57 | ₹0.79 | ₹2.03 | ₹1.91 | ₹1.61 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹84.19 Cr | ₹92.46 Cr | ₹97.38 Cr | ₹106.34 Cr | ₹117.89 Cr | ₹123.14 Cr | |
| — | — | ₹2.79 Cr | ₹0 | ₹62,000 | ₹0 | |
| Stockholders' equity | ₹64.28 Cr | ₹71.13 Cr | ₹74.51 Cr | ₹83.37 Cr | ₹91.65 Cr | ₹98.74 Cr |
Cash & equivalents, Trade receivables, Investments, CWIP, Total debt, Deposits have filed figures for only some of the years shown — the missing years are left blank rather than estimated. Inventory shows ₹0 for 2022-03-31, 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31 — this deck's own annual-report reading has no Inventory figure for this filer in any year shown (2022-03-31, 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31, 2021-03-31 alike); the ₹0 shown here comes from this filer's own reported data feed rather than this deck's own extraction, and is positively consistent with a filer that holds no physical inventory (typical for lenders and other financial-services companies) rather than a display default. 2021-03-31 has no Inventory figure reaching this deck at all — not shown as zero, not shown as positive — left blank rather than assumed to match the other years.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹6.09 Cr | ₹13.38 Cr | ₹-5.30 Cr | ₹-1.16 Cr | ₹-7.07 L | ₹2.05 Cr | |
| Investing cash flow | ₹-6.32 Cr | ₹-12.27 Cr | ₹-1.03 Cr | ₹-17.48 L | ₹56.16 L | ₹-1.45 Cr |
| ₹-27,000 | ₹-1.50 Cr | ₹-88.90 L | ₹-7.13 L | ₹-12.18 L | ₹-18.70 L | |
| Capital expenditure | ₹-22.00 L | ₹-67.00 L | ₹-9.00 L | ₹-16.00 L | ₹-25.00 L | ₹-17.00 L |
| End cash position | — | ₹9.32 Cr | ₹2.03 Cr | ₹62.71 L | ₹1.14 Cr | ₹1.41 Cr |
Debt issued, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 26(20Q) |
|---|---|
| Promoter | 64.84% |
| Public | 35.16% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.37 L Cr | ₹737.25 | 16.1 | 1.39 | 8.6% | 0.81 | +4.7% | -23.0% |
| ICICI Bank Limited | ₹9.62 L Cr | ₹1,340 | 17.3 | 2.65 | 14.9% | 0.57 | +9.1% | -3.9% |
| State Bank of India | ₹9.11 L Cr | ₹987 | 10.6 | 1.53 | 14.0% | 1.22 | +9.2% | +15.4% |
| Bajaj Finance Limited | ₹6.35 L Cr | ₹1,008.8 | 31.4 | 5.57 | 16.7% | 3.10 | +19.7% | +0.2% |
| Life Insurance Corporation Of India | ₹5.12 L Cr | ₹407.5 | 8.5 | 2.90 | 32.5% | — | +8.7% | -54.6% |
| Kotak Mahindra Bank Limited | ₹4.13 L Cr | ₹412.65 | 20.3 | 2.28 | 10.6% | 0.53 | -0.3% | -79.6% |
| Axis Bank Limited | ₹3.87 L Cr | ₹1,243.2 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +6.2% |
| Bajaj Finserv Limited | ₹2.92 L Cr | ₹1,846.5 | 28.8 | 3.74 | 12.6% | 4.64 | +13.6% | -11.4% |
| Shriram Finance Limited | ₹2.37 L Cr | ₹1,010.8 | 17.8 | 3.59 | 15.2% | 2.76 | +13.9% | +60.8% |
| SBI Life Insurance Company Limited | ₹1.76 L Cr | ₹1,760 | 67.6 | 9.23 | 12.9% | — | -4.3% | -3.3% |
| ICICI Prudential Asset Management Company Limited | ₹1.56 L Cr | ₹3,179 | 44.9 | 37.34 | 79.1% | — | +23.1% | — |
| Indbank Merchant Banking Services Limited | ₹113.83 Cr | ₹26.14 | 15.6 | 1.15 | 7.2% | 0.00 | -9.3% | -20.3% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 28
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.