Is Indbank Merchant Banking Services a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indbank Merchant Banking Services Ltd is a average quality company .

Is Indbank Merchant Banking Services undervalued or overvalued?

The key valuation ratios of Indbank Merchant Banking Services Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Indbank Merchant Banking Services share price return in the past 10 years?

Indbank Merchant Banking Services Ltd share price has appreciated 11.9% annually (CAGR) over the past ten years.

Is Indbank Merchant Banking Services a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Indbank Merchant Banking Services Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Indbank Merchant Banking Services?

The latest standalone P/E ratio of Indbank Merchant Banking Services as of 23-Apr-2025 is 16.47.

What is the P/B ratio of Indbank Merchant Banking Services?

The latest standalone P/B ratio of Indbank Merchant Banking Services as of 23-Apr-2025 is 1.61.

What is the 52-week high and low of Indbank Merchant Banking Services?

The 52-week high of Indbank Merchant Banking Services is Rs. 59.38 and the 52-week low is Rs. 23.51.

Indbank Merchant Banking Services Ltd - Stock Valuation and Financial Performance

Name: Indbank Merchant Banking Services
Brand: Indbank Merchant Banking Services

BSE: 511473 | NSE: INDBANK | Finance - Stock Broking | Small Cap

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Indbank Merch. Bankg Share Price

₹32.79 -0.11 -0.33%
as on 23-Apr'25 14:28

10 Year X-Ray of Indbank Merch. Bankg:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	14.1%	6.8%	12.3%	9.9%	5.8%	7.5%	10.3%	14.9%	8.1%	14.6%	-
Value Creation Index ⓘ	0.0	-0.5	-0.1	-0.3	-0.6	-0.5	-0.3	0.1	-0.4	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	9.2	7.6	9.2	11.7	8.1	8.8	12	20.6	18.3	24.9	28
Sales YoY Gr.	-	-17.1%	20.9%	26.9%	-30.4%	8%	36.9%	71.7%	-11.4%	36.3%	-
Adj EPS ⓘ	1.1	0.6	1.2	0.5	0.4	0.5	0.9	1.6	0.6	1.8	2
YoY Gr.	-	-44.6%	93.6%	-58.3%	-20%	17.5%	93.6%	72.5%	-60.5%	191.9%	-
BVPS (₹) ⓘ	10.4	11.1	12.3	12.7	13.1	13.6	14.5	16	16.8	18.8	20.4
Adj Net Profit ⓘ	5	2.8	5.3	2.2	1.8	2.1	4.1	7	2.7	8	9
Cash Flow from Ops. ⓘ	0.8	4.3	5.6	4.7	5	14.9	8.1	0.6	-5.3	-1.2	-
Debt/CF from Ops. ⓘ	0	0	0.3	0	0	0	0	0	-0.5	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.7%	25.1%	27.6%	36.3%
Adj EPS ⓘ	5.5%	35.3%	25.8%	191.9%
BVPSⓘ	6.8%	7.5%	9.1%	11.9%
Share Price	11.9%	43.3%	8.7%	-33.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	11.3	5.8	10.3	4	3.1	3.5	6.5	10.3	3.8	10.2	10.2
Op. Profit Mgn % ⓘ	-7.4	7.8	-10.1	37.5	14.5	2.7	-7	31.3	34.5	48.5	48.7
Net Profit Mgn % ⓘ	54.3	36.2	58	19	21.8	23.8	33.8	33.8	15	32.3	31.6
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	822	1,138	1,157	1,141	1,460	1,197	1,087	538	453	402	611
Cash Conv. Cycle ⓘ	166	312	324	269	297	128	63	36	38	42	434

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.20%

Sales growth is growing at healthy rate in last 3 years 27.55%

Net Profit is growing at healthy rate in last 3 years 25.76%

Sales growth is good in last 4 quarters at 30.79%

No data to display

Latest Financials - Indbank Merchant Banking Services Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2	-
TTM Sales (₹ Cr.)	28.1	-
BVPS (₹.) ⓘ	20.4	-
Reserves (₹ Cr.) ⓘ	46	-
P/BV ⓘ	1.61	-
PE ⓘ	16.47	-

From the Market
52 Week Low / High (₹)	23.51 / 59.38
All Time Low / High (₹)	0.70 / 60.70
Market Cap (₹ Cr.)	146
Equity (₹ Cr.)	44.4
Face Value (₹)	10
Industry PE ⓘ	23.6

Quarterly Results

Standalone Basis

Consolidated Basis

	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %	Mar'25	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	0	N/A	0	N/A	0	N/A	0	N/A
Adj EPS (₹) ⓘ	0	N/A	0	N/A	0	N/A	0	N/A
Op. Profit Mgn % ⓘ	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Profit Mgn % ⓘ	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Management X-Ray of Indbank Merch. Bankg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Indbank Merch. Bankg

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Indbank Merch. Bankg

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
ICICI Securities	895.7	0 (0%)	Small Cap	5,049	64.5	33.6	13.9	5.9
Angel One	2,492	-28.5 (-1.1%)	Small Cap	2,984	134.7	29.5	18.7	4.1
IIFL Capital Service	244.9	1.9 (0.8%)	Small Cap	2,161	24.7	23.8	9.9	3.1
Share India Sec.	159.9	-0.4 (-0.2%)	Small Cap	1,119	14.6	27	11	1.8
SMC Global Sec.	114.5	-0.4 (-0.4%)	Small Cap	853	13	16.5	8.8	1.2
Multi Commodity Exch	6,151.4	179.6 (3%)	Small Cap	684	100.5	12.2	59.4	11.7
Geojit Finl. Service	81.5	3.8 (4.8%)	Small Cap	589	6.2	22.7	12.5	2.2
5Paisa Capital	389	-4.9 (-1.2%)	Small Cap	395	19.6	13.1	20.1	2.1
Aditya Birla Money	155.5	-3.2 (-2%)	Small Cap	390	13.1	13.6	12.1	3.8
Alacrity Securities	83.4	-1.7 (-2%)	Small Cap	341	2.5	3.4	34.7	5.1

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	19	11	17	15	12	17	19	24	18	25
Interest Income	9	8	9	12	8	9	12	21	18	25
Other Income ⓘ	10	3	8	3	4	8	7	4	0	0
Expenditure ⓘ	13	8	11	11	11	14	15	16	13	13
Interest Expense ⓘ	0	0	1	2	2	2	2	2	1	0
Operating Expenses ⓘ	6	6	6	7	7	7	8	10	12	13
Provisions	7	2	5	2	2	5	5	4	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	6	3	6	4	2	3	5	9	5	12
Taxes ⓘ	1	0	0	2	0	1	1	2	2	4
Profit After Tax	5	3	5	2	2	2	4	7	3	8
Adjusted EPS (₹)	1.1	0.6	1.2	0.5	0.4	0.5	0.9	1.6	0.6	1.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	46	49	54	57	58	60	64	71	75	83
Share Capital ⓘ	44	44	44	44	44	44	44	44	44	44
Reserves ⓘ	2	5	10	12	14	16	20	27	30	39
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	-4	-4	-4	-4	-4	-4	-3	0	2	1
Current Liabilities	6	9	11	10	10	14	20	21	23	23
Trade Payables	1	0	0	0	0	0	0	1	1	0
Short term borrowings	0	0	2	0	0	0	0	0	3	0
Other Liabilities	-1	0	-2	0	0	0	0	-1	-4	0
Total Liabilities ⓘ	48	53	61	63	64	70	81	92	99	107
Assets
Non Current Asset	9	8	27	32	21	31	36	19	20	19
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	9	8	27	32	21	31	36	19	20	19
Current Asset	40	46	34	31	44	40	45	73	80	88
Current Investment	0	0	0	0	0	0	0	0	0	0
Other Current Asset	40	46	34	31	44	40	45	73	80	88
Total Assets ⓘ	48	53	61	63	64	70	81	92	99	107

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	1	4	6	5	5	15	8	1	-5	-1
Cash Flow From Investing Activity ⓘ	-4	-5	-6	-3	-3	-10	-8	-1	-1	0
Cash Flow From Financing Activity ⓘ	0	0	0	-1	0	0	-2	-2	-1	0
Net Cash Flow ⓘ	-3	0	-1	1	2	5	-2	-2	-7	-1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	1	1	1	1	0	0	1	2	1	2
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	10	11	12	13	13	14	14	16	17	19
Performance Ratios
ROA (%)	10.6	5.4	9.3	3.6	2.8	3.1	5.4	8.0	2.9	7.8
ROE (%)	11.3	5.8	10.3	4.0	3.1	3.5	6.5	10.3	3.8	10.2
ROCE (%)	14.1	6.8	12.3	9.9	5.8	7.5	10.3	14.9	8.1	14.6
Valuation Parameters
Price/Book(x)	1.0	0.6	1.1	1.5	0.7	0.4	0.9	1.4	1.3	2.3

Indbank Merchant Banking Services Ltd Stock News

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Indbank Merchant Banking Services Ltd FAQs

What is the share price of Indbank Merch. Bankg?

Company share prices are keep on changing according to the market conditions. The closing price of Indbank Merch. Bankg on 23-Apr-2025 14:28 is ₹32.79.

What is the market cap of Indbank Merch. Bankg?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Apr-2025 14:28 the market cap of Indbank Merch. Bankg stood at ₹146.0.

What is the P/E ratio of Indbank Merch. Bankg?

The latest P/E ratio of Indbank Merch. Bankg as of 23-Apr-2025 14:28 is 16.47.

What is the P/B ratio of Indbank Merch. Bankg?

The latest P/B ratio of Indbank Merch. Bankg as of 23-Apr-2025 14:28 is 1.61.

What is the 52-week high and low of Indbank Merch. Bankg?

The 52-week high of Indbank Merch. Bankg is ₹59.38 and the 52-week low is ₹23.51.

What is the TTM revenue of Indbank Merch. Bankg?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indbank Merch. Bankg is ₹28.12 ( Cr.) .

About Indbank Merchant Banking Services Ltd

Indbank Merchant Banking Services incorporated in 1989, is a subsidiary of Indian Bank. The company provides various types of services such as merchant banking, advisory services, stock broking, depository participant activities, distribution of mutual fund and other investment products, and online trading.

The company's branch offices are located at Chennai, Bangalore, Mumbai, Delhi, Coimbatore, Ahmedabad, Thirunelveli, Madurai, Hyderabad, Puducherry, Erode, Trichy, Pune and Tuticorin. In 2009 Indbank Merchant Banking Services opened a new branch office and launched Indbankonline Stock Trading Point at Pune.
Inauguration of Tuticorin Branch and Launching of Indbankonline Stock Trading Point too, took place same year.

Business area

Merchant Banking- The company is registered member of Securities Exchange Board of India (SEBI) and plays various roles like Lead Manager, Co-Manager, Advisor, Arranger, etc for public issues, rights issues and private placement.

Advisory Services- Under this, the company provides services in area of valuation of shares and other financial instruments, syndication of loans, acquisitions, mergers and amalgamations, project counselling, appraisal and feasibility studies.

Stock Broking- The company is registered member of National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), Madras Stock Exchange (MSE) and Over The Counter Exchange of India (OTCEI). Indbank Merchant Banking currently operates in the cash, derivatives and wholesale debt market segments of NSE for both retail and institutional investors.

Online Trading- The company provides online trading facility through its portal. The portal offers safe and secured way for trading in stock markets

Depository Participant Activities- Indbak is a SEBI-registered Depository Participant with National Securities & Depository Limited (NSDL).

Distribution of Mutual fund and other Investment products- Indbank distributes mutual fund and investment products. The company is registered Association of Mutual Funds of India (AMFI) for distribution of mutual fund products.