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Indbank Merchant Banking Services Limited (INDBANK.NS)

INR33.28 +0.00 (+0.00%)
IN NSE Financial Services Financial - Capital Markets
Address Khiviraj Complex I, No:480 600035
Chennai, IN
CEO V. Haribabu
IPO 2008-10-08
ISIN INE841B01017

Explore sections of this company profile

Also trades on Bombay Stock Exchange · INDBANK.BO (INR) National Stock Exchange of India · INDBANK.NS (INR)
Description

Indbank Merchant Banking Services Limited, a subsidiary of Indian Bank established in Chennai, India, in 1989, delivers an extensive portfolio of financial solutions across India. The company's core activities include merchant banking, stock brokerage, and depository services. Its merchant banking division assists with public and rights issues, private placements, share acquisitions, corporate takeovers, and employee stock ownership plans. Furthermore, Indbank provides advisory expertise for valuing shares and other financial instruments, facilitating loan syndication, guiding mergers and acquisitions, and offering project consulting, appraisal, and feasibility studies. For both individual and institutional clients, the company offers stock broking services across cash, derivatives, and wholesale debt markets, complemented by online trading and various e-services. It also engages in the distribution of mutual funds and other investment products.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR33.28 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
46.1K
Beta
-0.01
Float Shares
14.54M
Free Float %
32.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.09% -0.83% -1.77% +7.20% -4.96% -4.25% -4.00% +30.45% +50.47% +383.04% +138.92%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
33.28
DCF (Unlevered) 114.01 +242.6%
DCF (Levered) 17.45 -47.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
5.02
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Capital Markets: +19.7%
    +20.1% Q1'26: +9,638.2% (vs Q1'25)
  • EPS growth Financial - Capital Markets: +35.3%
    -15.7% Q1'26: +3.8% (vs Q1'25)
  • FCF margin FCF growth · Financial - Capital Markets: +29.5%
    +3.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Financial - Capital Markets: +33.5%
    +38.4% Q1'26: +29.9% (vs Q1'25)
  • ROIC Financial - Capital Markets: +4.0%
    +58.4% Q1'26: +36.8% (vs Q1'25)
  • Share dilution Financial - Capital Markets: +0.0%
    -0.1% Q1'26: +2.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.03) × ERP
WACC = 100% × Ke + 0% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 113.09 Current price: 33.28
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-11 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-10 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-09 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-08 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-05 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-04 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-03 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-02 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-06-01 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-29 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-27 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-26 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-25 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-22 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-21 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-20 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-19 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-18 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-15 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-14 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-05-13 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-12 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-11 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-08 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-07 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-06 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-05 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-05-04 B- 3/5 3/5 2/5 5/5 1/5 2/5 2/5
2026-04-30 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-29 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-28 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-27 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-24 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-23 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-22 B 3/5 3/5 3/5 5/5 1/5 2/5 2/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-3.45M
OE per share TTM
-0.08
Owner's Yield
-0.23%
Maintenance CapEx ratio
3.13%
Maint CapEx / Avg PPE
3.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.05M
Shares Outstanding
44.38M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
V. Haribabu President & Whole Time Director 3M male
Balaji Vice President & Chief Financial Officer 2M male
Chitra Mangalam Achuthanandaiyer Company Secretary & Compliance Officer 1M female
K. S. Chandramouli AVP & Head of Service Branch male
R. Venugopal Head of Dept. of Account Opening male
S. T. Ramarao AVP & Head of Surveillance male
Sivasankari E. Head of DP Operations female
Vijayalakshmi Head of Administration female
G. Ramnath Head of Accounts male
G. Venkatesan Head of IT male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits