By Helgi Library - November 3, 2019
IndusInd Bank's non-performing loans reached 2.10% of total loans at the end of 2018, up from 1.17% compared to the previous year...
By Helgi Library - November 3, 2019
IndusInd Bank's non-performing loans reached 2.10% of total loans at the end of 2018, up from 1.17% compared to the previous year...
By Helgi Library - November 3, 2019
IndusInd Bank made a net profit of INR 33.0 bil under revenues of INR 143 bil in 2018, up -8.47% and 17.0% respectively compared to t...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | INR bil | 60.6 | 75.0 | 88.5 |
| Net Fee Income | INR bil | 29.0 | 34.1 | 40.7 |
| Other Income | INR bil | 12.7 | 13.3 | 14.0 |
| Total Revenues | INR bil | 102 | 122 | 143 |
| Operating Profit | INR bil | 54.5 | 66.5 | 79.2 |
| Provisions | INR bil | 25.8 | 30.5 | 29.3 |
| Net Profit | INR bil | 28.7 | 36.1 | 33.0 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | INR bil | 109 | 22.5 | 48.2 |
| Customer Loans | INR bil | 1,131 | 1,450 | 1,864 |
| Total Assets | INR bil | 1,787 | 2,216 | 2,778 |
| Shareholders' Equity | INR bil | 206 | 238 | 267 |
| Interbank Borrowing | INR bil | 6.00 | 6.68 | 5.74 |
| Customer Deposits | INR bil | 1,266 | 1,516 | 1,949 |
| Issued Debt Securities | INR bil | 225 | 383 | 473 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 15.0 | 16.2 | 13.1 |
| ROA | % | 1.78 | 1.80 | 1.32 |
| Costs (As % Of Assets) | % | 2.98 | 2.79 | 2.56 |
| Costs (As % Of Income) | % | 46.8 | 45.7 | 44.7 |
| Capital Adequacy Ratio | % | ... | 15.0 | 14.2 |
| Net Interest Margin | % | 3.77 | 3.75 | 3.54 |
| Loans (As % Of Deposits) | % | 89.3 | 95.6 | 95.7 |
| NPLs (As % Of Loans) | % | 1.00 | 1.17 | 2.10 |
| Provisions (As % Of NPLs) | % | 54.2 | 56.3 | 43.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | 29.7 | 29.9 | 32.5 | |
| Price/Book Value (P/BV) | 4.13 | 4.52 | 4.02 | |
| Dividend Yield | % | 0.421 | 0.417 | 0.421 |
| Earnings Per Share (EPS) | INR | 47.6 | 59.6 | 54.4 |
| Book Value Per Share | INR | 342 | 394 | 440 |
| Dividend Per Share | INR | 5.95 | 7.44 | 7.46 |
Get all company financials in excel:
| summary | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||
| Net Interest Income | INR bil | 22.4 | 28.9 | 34.2 | 45.2 | 60.6 | ||
| Total Revenues | INR bil | 35.9 | 46.9 | 58.9 | 78.1 | 102 | ||
| Operating Profit | INR bil | 18.3 | 25.1 | 31.7 | 41.3 | 54.5 | ||
| Net Profit | INR bil | 10.6 | 14.1 | 17.9 | 22.9 | 28.7 | ||
| balance sheet | ||||||||
| Interbank Loans | INR bil | 36.0 | 23.6 | 67.4 | 55.9 | 109 | ||
| Customer Loans | INR bil | 443 | 551 | 688 | 884 | 1,131 | ||
| Debt Securities | INR bil | 197 | 216 | 249 | 341 | 367 | ||
| Total Assets | INR bil | 733 | 870 | 1,091 | 1,429 | 1,787 | ||
| Shareholders' Equity | INR bil | 76.3 | 90.4 | 106 | 177 | 206 | ||
| Interbank Borrowing | INR bil | 63.9 | 94.9 | 128 | 33.6 | 6.00 | ||
| Customer Deposits | INR bil | 541 | 605 | 741 | 930 | 1,266 | ||
| Issued Debt Securities | INR bil | 34.2 | 55.8 | 81.7 | 222 | 225 | ||
| ratios | ||||||||
| ROE | % | 13.9 | 16.9 | 18.2 | 16.1 | 15.0 | ||
| ROA | % | 1.45 | 1.76 | 1.83 | 1.81 | 1.78 | ||
| Costs (As % Of Assets) | % | 2.40 | 2.73 | 2.78 | 2.91 | 2.98 | ||
| Costs (As % Of Income) | % | 48.9 | 46.6 | 46.3 | 47.0 | 46.8 | ||
| Capital Adequacy Ratio | % | 15.4 | 13.8 | ... | ... | ... | ||
| Net Interest Margin | % | 3.05 | 3.61 | 3.49 | 3.59 | 3.77 | ||
| Interest Income (As % Of Revenues) | % | 62.3 | 61.7 | 58.1 | 57.9 | 59.3 | ||
| Fee Income (As % Of Revenues) | % | 26.4 | 24.9 | 26.3 | 28.6 | 28.3 | ||
| Equity (As % Of Assets) | % | 10.4 | 10.4 | 9.76 | 12.4 | 11.6 | ||
| Loans (As % Of Deposits) | % | 81.9 | 91.1 | 92.8 | 95.1 | 89.3 | ||
| Loans (As % Assets) | % | 60.5 | 63.3 | 63.0 | 61.9 | 63.3 | ||
| NPLs (As % Of Loans) | % | 1.03 | 1.12 | 0.814 | 1.00 | 1.00 | ||
| Provisions (As % Of NPLs) | % | 70.1 | 70.4 | 62.6 | 54.5 | 54.2 | ||
| valuation | ||||||||
| Market Capitalisation (End Of Period) | USD mil | 3,864 | 4,270 | 7,441 | 8,680 | 12,544 | ||
| Number Of Shares (Average) | mil | 496 | 533 | 537 | 582 | 603 | ||
| Share Price (End Of Period) | INR | 427 | 495 | 874 | 988 | 1,414 | ||
| Earnings Per Share (EPS) | INR | 21.4 | 26.4 | 33.4 | 39.3 | 47.6 | ||
| Book Value Per Share | INR | 154 | 170 | 198 | 304 | 342 | ||
| Dividend Per Share | INR | 3.17 | 3.45 | 3.95 | 4.60 | 5.95 | ||
| Price/Earnings (P/E) | 19.9 | 18.7 | 26.2 | 25.2 | 29.7 | |||
| Price/Book Value (P/BV) | 2.77 | 2.92 | 4.41 | 3.25 | 4.13 | |||
| Dividend Yield | % | 0.742 | 0.698 | 0.452 | 0.465 | 0.421 | ||
| Earnings Per Share Growth | % | ... | 23.4 | 26.5 | 17.5 | 21.2 | ||
| Book Value Per Share Growth | % | ... | 10.2 | 16.9 | 53.3 | 12.7 |
| income statement | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||
| Interest Income | INR bil | 69.9 | 82.6 | 97.0 | 119 | 144 | ||
| Interest Cost | INR bil | 47.5 | 53.6 | 62.7 | 73.6 | 83.4 | ||
| Net Interest Income | INR bil | 22.4 | 28.9 | 34.2 | 45.2 | 60.6 | ||
| Net Fee Income | INR bil | 9.47 | 11.7 | 15.5 | 22.3 | 29.0 | ||
| Other Income | INR bil | 4.06 | 6.29 | 9.20 | 10.6 | 12.7 | ||
| Total Revenues | INR bil | 35.9 | 46.9 | 58.9 | 78.1 | 102 | ||
| Operating Cost | INR bil | 17.6 | 21.9 | 27.3 | 36.7 | 47.8 | ||
| Operating Profit | INR bil | 18.3 | 25.1 | 31.7 | 41.3 | 54.5 | ||
| Provisions | INR bil | 2.62 | 3.80 | 4.55 | 18.5 | 25.8 | ||
| Extra and Other Cost | INR bil | -0.054 | -0.002 | 0.019 | -0.070 | -0.031 | ||
| Pre-Tax Profit | INR bil | 15.8 | 21.3 | 27.1 | 22.9 | 28.7 | ||
| Tax | INR bil | 5.15 | 7.20 | 9.15 | 0 | 0 | ||
| Minorities | INR bil | 0 | 0 | 0 | 0 | 0 | ||
| Net Profit | INR bil | 10.6 | 14.1 | 17.9 | 22.9 | 28.7 | ||
| Dividends | INR bil | 1.57 | 1.84 | 2.12 | 2.68 | 3.59 | ||
| growth rates | ||||||||
| Net Interest Income Growth | % | ... | 29.4 | 18.3 | 32.0 | 34.1 | ||
| Net Fee Income Growth | % | ... | 23.6 | 32.3 | 44.1 | 29.8 | ||
| Total Revenue Growth | % | ... | 30.8 | 25.5 | 32.5 | 31.1 | ||
| Operating Cost Growth | % | ... | 24.4 | 24.7 | 34.7 | 30.3 | ||
| Operating Profit Growth | % | ... | 36.9 | 26.2 | 30.6 | 31.8 | ||
| Pre-Tax Profit Growth | % | ... | 35.0 | 27.3 | -15.6 | 25.4 | ||
| Net Profit Growth | % | ... | 32.7 | 27.4 | 27.5 | 25.4 | ||
| market share | ||||||||
| Market Share in Revenues | % | 1.52 | 1.74 | 1.94 | 2.32 | 2.54 | ... | |
| Market Share in Net Profit | % | 1.79 | 2.61 | 3.29 | 5.56 | ... | ... | ... |
| balance sheet | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||
| Cash | INR bil | 32.5 | 44.1 | 40.4 | 45.2 | 77.5 | ||
| Interbank Loans | INR bil | 36.0 | 23.6 | 67.4 | 55.9 | 109 | ||
| Customer Loans | INR bil | 443 | 551 | 688 | 884 | 1,131 | ||
| Debt Securities | INR bil | 197 | 216 | 249 | 341 | 367 | ||
| Fixed Assets | INR bil | 7.56 | 10.2 | 11.6 | 12.6 | 13.4 | ||
| Total Assets | INR bil | 733 | 870 | 1,091 | 1,429 | 1,787 | ||
| Shareholders' Equity | INR bil | 76.3 | 90.4 | 106 | 177 | 206 | ||
| Of Which Minority Interest | INR bil | 0 | 0 | 0 | 0 | 0 | ||
| Liabilities | INR bil | 657 | 780 | 985 | 1,252 | 1,580 | ||
| Interbank Borrowing | INR bil | 63.9 | 94.9 | 128 | 33.6 | 6.00 | ||
| Customer Deposits | INR bil | 541 | 605 | 741 | 930 | 1,266 | ||
| Sight Deposits | INR bil | 88.3 | 97.8 | 124 | 155 | 196 | ||
| Term Deposits | INR bil | 453 | 507 | 618 | 775 | 1,070 | ||
| Issued Debt Securities | INR bil | 34.2 | 55.8 | 81.7 | 222 | 225 | ||
| Other Liabilities | INR bil | 17.5 | 24.1 | 33.6 | 66.8 | 83.8 | ||
| asset quality | ||||||||
| Non-Performing Loans | INR bil | 4.58 | 6.21 | 5.63 | 8.89 | 11.4 | ||
| Gross Loans | INR bil | 446 | 555 | 691 | 889 | 1,137 | ||
| Total Provisions | INR bil | 3.21 | 4.37 | 3.52 | 4.84 | 6.16 | ||
| growth rates | ||||||||
| Customer Loan Growth | % | ... | 24.3 | 24.8 | 28.5 | 27.9 | ||
| Total Asset Growth | % | ... | 18.7 | 25.4 | 31.0 | 25.0 | ||
| Shareholders' Equity Growth | % | ... | 18.5 | 17.7 | 66.3 | 16.7 | ||
| Customer Deposit Growth | % | ... | 11.8 | 22.5 | 25.4 | 36.1 | ||
| market share | ||||||||
| Market Share in Customer Loans | % | 0.802 | 0.857 | 0.969 | 1.11 | 1.37 | ... | |
| Market Share in Total Assets | % | 0.844 | 0.860 | 0.980 | 1.13 | 1.26 | ... | |
| Market Share in Customer Deposits | % | 0.860 | 0.841 | 0.908 | 1.02 | 1.19 | ... |
| ratios | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||||
| ROE | % | 13.9 | 16.9 | 18.2 | 16.1 | 15.0 | ||
| ROA | % | 1.45 | 1.76 | 1.83 | 1.81 | 1.78 | ||
| Costs (As % Of Assets) | % | 2.40 | 2.73 | 2.78 | 2.91 | 2.98 | ||
| Costs (As % Of Income) | % | 48.9 | 46.6 | 46.3 | 47.0 | 46.8 | ||
| Capital Adequacy Ratio | % | 15.4 | 13.8 | ... | ... | ... | ||
| Tier 1 Ratio | % | 13.8 | 12.7 | ... | ... | ... | ||
| Net Interest Margin | % | 3.05 | 3.61 | 3.49 | 3.59 | 3.77 | ||
| Interest Spread | % | ... | 2.83 | 2.78 | 2.85 | 3.07 | ||
| Asset Yield | % | 9.53 | 10.3 | 9.89 | 9.42 | 8.96 | ||
| Cost Of Liabilities | % | ... | 7.47 | 7.11 | 6.58 | 5.89 | ||
| Payout Ratio | % | 14.8 | 13.1 | 11.8 | 11.7 | 12.5 | ||
| Interest Income (As % Of Revenues) | % | 62.3 | 61.7 | 58.1 | 57.9 | 59.3 | ||
| Fee Income (As % Of Revenues) | % | 26.4 | 24.9 | 26.3 | 28.6 | 28.3 | ||
| Other Income (As % Of Revenues) | % | 11.3 | 13.4 | 15.6 | 13.5 | 12.4 | ||
| Equity (As % Of Assets) | % | 10.4 | 10.4 | 9.76 | 12.4 | 11.6 | ||
| Loans (As % Of Deposits) | % | 81.9 | 91.1 | 92.8 | 95.1 | 89.3 | ||
| Loans (As % Assets) | % | 60.5 | 63.3 | 63.0 | 61.9 | 63.3 | ||
| NPLs (As % Of Loans) | % | 1.03 | 1.12 | 0.814 | 1.00 | 1.00 | ||
| Provisions (As % Of NPLs) | % | 70.1 | 70.4 | 62.6 | 54.5 | 54.2 | ||
| Provisions (As % Of Loans) | % | 0.724 | 0.793 | 0.512 | 0.548 | 0.545 | ||
| Cost of Provisions (As % Of Loans) | % | 0.591 | 0.765 | 0.735 | 2.36 | 2.56 |
| other data | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | ||||||||
| Employees | 11,502 | 15,590 | 19,121 | 21,000 | 23,000 | |||
| Sight (As % Of Customer Deposits) | % | 16.3 | 16.2 | 16.7 | 16.6 | 15.5 |
Get all company financials in excel:
By Helgi Library - November 3, 2019
IndusInd Bank made a net profit of INR 33.0 bil under revenues of INR 143 bil in 2018, up -8.47% and 17.0% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of INR 36.1 bil in 2017 and an all time low of INR 10.6...
By Helgi Library - November 3, 2019
IndusInd Bank stock traded at INR 1,770 per share at the end 2018 implying a market capitalization of USD 15,371 mil. Since the end of 2013, the stock has appreciated by 258 % implying an annual average growth of 29.0 %. In absolute terms, the value of the company ...
By Helgi Library - November 3, 2019
IndusInd Bank stock traded at INR 1,770 per share at the end 2018 implying a market capitalization of USD 15,371 mil. Since the end of 2013, the stock has appreciated by 258 % implying an annual average growth of 29.0 %. In absolute terms, the value of the company ...
By Helgi Library - November 3, 2019
IndusInd Bank generated total banking revenues of INR 143 bil in 2018, up 17% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 143 bil in 2018 and an all t...
By Helgi Library - November 3, 2019
IndusInd Bank generated total banking revenues of INR 143 bil in 2018, up 17% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of INR 143 bil in 2018 and an all t...
By Helgi Library - November 3, 2019
IndusInd Bank stock traded at INR 1,770 per share at the end of 2018 implying a market capitalization of USD 15,371 mil. Since the end of 2013, the stock has appreciated by 258 % implying an annual average growth of 29.0 %. In absolute terms, the value of the company ...
By Helgi Library - November 3, 2019
IndusInd Bank stock traded at INR 1,770 per share at the end of 2018 implying a market capitalization of USD 15,371 mil. Since the end of 2013, the stock has appreciated by 258 % implying an annual average growth of 29.0 %. In absolute terms, the value of the company ...
By Helgi Library - November 3, 2019
IndusInd Bank's net interest margin amounted to 3.54% in 2018, down from 3.75% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.77% in 2016 and an all time low of 3.49% in 2014. The average margin...
By Helgi Library - November 3, 2019
IndusInd Bank's net interest margin amounted to 3.54% in 2018, down from 3.75% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.77% in 2016 and an all time low of 3.49% in 2014. The average margin...
By Helgi Library - November 3, 2019
IndusInd Bank's customer loan growth reached 28.6% in 2018, up from 28.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 28.6% in 2018 and an all time low of 24.3% in 2013. In the last decade, the average ...
IndusInd Bank has been growing its revenues and asset by 25.0% and 26.1% a year on average in the last 5 years. Its loans and deposits have grown by 27.6% and 26.4% a year during that time and loans to deposits ratio reached 95.7% at the end of 2018. The company achieved an average return on equity of 15.7% in the last five years with net profit growing 18.6% a year on average. In terms of operating efficiency, its cost to income ratio reached 44.7% in 2018, compared to 46.1% average in the last five years.
Equity represented 9.61% of total assets or 14.3% of loans at the end of 2018. IndusInd Bank's non-performing loans were 2.10% of total loans while provisions covered some 43.0% of NPLs at the end of 2018.
IndusInd Bank stock traded at INR 1,770 per share at the end of 2018 resulting in a market capitalization of USD 15,371 mil. Over the previous five years, stock price rose by 258% or 29% a year on average. That’s compared to an average ROE of 15.7% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 32.5x and price to book value (PBV) of 4.02x in 2018.
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