IndusInd Bank logo

IndusInd Bank share price

NSE: INDUSINDBKBSE: 532187BanksMid Cap

IndusInd Bank Limited · Face value ₹10 · Listed Jan 1998
Last close ₹833.30down ₹11.20 (1.33%)BSE ₹831.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹844.50.

27 Oct: open ₹843.15, high ₹851.80, low ₹833.30

52-week range of traded prices to 27 Oct 2026
₹750.50Low, 30 Mar 2026₹1,077.85High, 22 Jul 2026
Market cap
₹64,926 Cr152nd largest listed
P/E
21.63
P/B
0.96
Dividend yield
0.18%
ROE
4.5%
NIM
3.88%
Gross NPA
2.73%
Net NPA
0.83%
CET1
15.55%
ROA
0.16%
Volume, NSE
31,43,10541.2% delivered

IndusInd Bank share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+8.2%over a year · Nifty Private Bank −6.3% · Nifty 500 −8.8%

Results20-session average 24,46,952 shares a day, 55.1% delivered

About IndusInd Bank

IndusInd Bank Limited is a private bank that takes deposits from and lends to retail customers and companies across India.123 Its loans include vehicle finance, personal loans, credit cards and loans to small businesses, and its wholly owned subsidiary Bharat Financial Inclusion Limited (BFIL) makes microfinance loans to women in rural areas.45 It also offers wealth management for wealthy clients and banking for non-resident Indians.46

Its vehicle finance business, in operation for more than 35 years, lends for two-wheelers, passenger vehicles, small and heavy commercial vehicles, tractors and farm equipment.78 It runs an international banking unit at GIFT City, Gujarat, and representative offices in Dubai and Abu Dhabi.3 It had about 42 million customers at the end of Sep 2026.1

It was incorporated in 1994 and its registered office is in Pune.9 Its Managing Director and CEO is Rajiv Anand.10 Its promoters, IndusInd International Holdings Limited and IndusInd Limited, held 15.08% of its shares at the end of Sep 2026, mutual funds, banks and insurers 39.37% and foreign institutional investors 29.06%.1112

IndusInd Bank key points

Results

  • Consolidated net profit was ₹1,242 crore in the quarter to Sep 2026, against a loss of ₹437 crore a year earlier, and ₹2,279 crore in the half year to Sep 2026, against ₹167 crore.13
  • Consolidated net interest income (interest earned less interest paid) was ₹4,569 crore in the quarter, up 4% from a year earlier, and operating profit before provisions (money set aside for loan losses) was ₹2,874 crore, up 40%.1413
  • Consolidated net profit for the year to Mar 2026 was ₹889.34 crore, against ₹2,575.54 crore a year earlier.15
  • Annualised return on assets (profit as a share of assets) was 0.87% in the quarter, against 0.78% in the quarter to Jun 2026, and the net interest margin (net interest income as a share of earning assets) fell to 3.23% from 3.57%.16

Market position

  • On its earnings call of 22 Jul 2026, the company said its share of deposits from non-resident Indians (NRIs) was 3.6%, above its share of all deposits, and that affluent and NRI customers held ₹85,000 crore of its deposits.17

Loan book and deposits

  • Loans by business, Sep 2026, with growth from a year earlier18
    ItemSep 2026
    Vehicle Finance₹1,00,651 crore, up 5%
    Consumer Banking₹76,341 crore, up 38%
    Large Corporates₹58,631 crore, up 1%
    Commercial Banking, Mid Market and Others₹56,947 crore, up 12%
    Institutional and Government Banking₹37,197 crore, up 23%
    Rural Banking₹33,338 crore, down 6%
    Total loans were ₹3,63,104 crore, up 11%; Consumer Banking includes ₹16,564 crore of loans linked to FCNR(B) deposits.
  • Deposits were ₹4,28,832 crore at the end of Sep 2026, up 10% from a year earlier, and retail deposits (as liquidity rules define them) were 49% of the total.1920
  • Gross non-performing assets (loans whose repayments have stopped) were 2.73% of loans at the end of Sep 2026, against 3.25% at the end of Jun 2026; net of provisions they were 0.83%, and provisions covered 70% of them.21
  • The capital adequacy ratio (capital as a share of risk-weighted assets) was 16.59% at the end of Sep 2026, with Tier 1 (core) capital at 15.55%.22

Branches and reach

  • At the end of Sep 2026 IndusInd Bank had 3,139 branches and banking outlets, 3,471 BFIL branches, 74 vehicle finance marketing outlets and 2,773 ATMs: 9,457 touch points.23
  • IndusInd Bank reaches about 1,54,000 villages, and at the end of Sep 2026 it had more than 85K active Bharat Money Stores (village shops acting as BFIL banking points).2324
  • Its INDIE mobile banking app had 5.39 million registered users and 2.9 million monthly active users in the quarter to Sep 2026.25

Rural banking

  • Micro loans (microfinance and other small inclusive-banking loans) were ₹17,571 crore at the end of Sep 2026, against ₹21,321 crore a year earlier; disbursements in the quarter were ₹6,548 crore.26
  • Loans to merchants were ₹8,694 crore at the end of Sep 2026, up 20% from a year earlier, and affordable housing loans ₹2,955 crore, up 18%.27
  • On its earnings call of 22 Jul 2026, the company said around 74% of the micro loan portfolio was covered by the CGFMU credit guarantee (a government-backed guarantee fund for small loans), including disbursements of the quarter to Jun 2026 still being covered.28

What the company expects

  • On its earnings call of 22 Jul 2026, the company said it expects to grow in line with the market this financial year and to end the year with a return on assets of 1%.29
  • On its earnings call of 22 Jul 2026, the company said it expects wholesale loans (loans to companies and institutions) to fall as a share of its loan mix over the next 3 years.30
  • On its earnings call of 22 Jul 2026, asked about its target loan mix, the company said its guidance is that plain microfinance lending should be about 7%.31
  • On its earnings call of 22 Jul 2026, the company said it expects the one-time impact of moving to expected credit loss provisioning (providing for likely loan losses in advance) to be 1% to 1.5% of the loan book, and that it would revisit this.32

Recent events

  • On 19 Aug 2026, CRISIL Ratings reaffirmed the AA+ rating on the bank's long-term bonds and changed its outlook to stable from negative.33
  • On 2 Jul 2026, India Ratings and Research affirmed its IND AA+ rating on the bank's bonds, with a negative outlook.34
  • On 20 May 2026, Moody's affirmed the bank's Ba1 ratings and changed the outlook to stable from negative.35

Controls and audit

  • In the year to Mar 2026 a board-mandated project group completed enhanced controls over reconciliation, manual accounting entries and internal reporting. The joint statutory auditors gave an unmodified (clean) opinion on that year's results.36

Last updated

All 36 sources, each with its page
  1. 1. Investor presentation, 23 Oct 2026, page 4
  2. 2. Annual report, 5 Aug 2026, page 344
  3. 3. Annual report, 5 Aug 2026, page 126
  4. 4. Exchange filing, 26 Mar 2026, page 2
  5. 5. Annual report, 5 Aug 2026, page 105
  6. 6. Annual report, 5 Aug 2026, page 103
  7. 7. Investor presentation, 23 Oct 2026, page 15
  8. 8. Annual report, 5 Aug 2026, page 141
  9. 9. Annual report, 5 Aug 2026, page 1
  10. 10. Earnings call, 22 Jul 2026, page 1
  11. 11. Exchange filing, 2 Jul 2026, page 1
  12. 12. Investor presentation, 23 Oct 2026, page 34
  13. 13. Investor presentation, 23 Oct 2026, page 8
  14. 14. Investor presentation, 23 Oct 2026, page 6
  15. 15. Annual report, 5 Aug 2026, page 97
  16. 16. Investor presentation, 23 Oct 2026, page 5
  17. 17. Earnings call, 22 Jul 2026, page 6
  18. 18. Investor presentation, 23 Oct 2026, page 14
  19. 19. Investor presentation, 23 Oct 2026, page 6
  20. 20. Investor presentation, 23 Oct 2026, page 4
  21. 21. Investor presentation, 23 Oct 2026, page 5
  22. 22. Investor presentation, 23 Oct 2026, page 4
  23. 23. Investor presentation, 23 Oct 2026, page 13
  24. 24. Investor presentation, 23 Oct 2026, page 16
  25. 25. Investor presentation, 23 Oct 2026, page 20
  26. 26. Investor presentation, 23 Oct 2026, page 16
  27. 27. Investor presentation, 23 Oct 2026, page 16
  28. 28. Earnings call, 22 Jul 2026, page 4
  29. 29. Earnings call, 22 Jul 2026, page 14
  30. 30. Earnings call, 22 Jul 2026, page 11
  31. 31. Earnings call, 22 Jul 2026, page 11
  32. 32. Earnings call, 22 Jul 2026, page 12
  33. 33. Exchange filing, 19 Aug 2026, page 1
  34. 34. Exchange filing, 3 Jul 2026, page 1
  35. 35. Exchange filing, 21 May 2026, page 1
  36. 36. Annual report, 5 Aug 2026, page 64

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.IndusInd Bank quarterly results

Total income growth, 12 months
−2.3%
Net profit growth, 12 months
–

Quarter to Sep 2026, against the quarter before

Total income
₹14,043 Crup 7.24%
Net profit
₹1,176 Crup 17.31%

Total income by quarter

₹15,151 CrDec 24₹11,343 CrMar 25₹14,420 CrJun 25₹13,257 CrSep 25₹13,079 CrDec 25₹12,712 CrMar 26₹13,095 CrJun 26₹14,043 CrSep 26
Peak total income ₹15,151 Cr, quarter to Dec 2024; lowest ₹11,343 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹1,401 CrDec 24−₹2,236 CrMar 25₹684 CrJun 25−₹445 CrSep 25₹161 CrDec 25₹533 CrMar 26₹1,003 CrJun 26₹1,176 CrSep 26
A loss in 2 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income15,15111,34314,42013,25713,07912,71213,09514,043
Net profit1,401−2,236684−4451615331,0031,176
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail Banking₹36,101 Crdown 9.69%62.9%
  • Corporate / Wholesale Banking₹10,836 Crdown 15.27%18.9%
  • Treasury Operations₹10,449 Crup 41.77%18.2%
  • Other Banking Business₹24 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.IndusInd Bank PE ratio and valuation

Price to earnings

At or below today's level on 47% of 2,352 trading days over the last 10 years.

LowestHighest
Its median22.61Industry median11.90
Price to book

At or below today's level on 8% of 1,901 trading days since Oct 2018.

LowestHighest
Its median1.71Industry median1.19
Dividend yield

At or below today's level on 24% of 2,429 trading days over the last 10 years.

LowestHighest
Its median0.49%Industry median0.79%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+16.0%−64.7%+227.9%0.2%
3 years−10.6%−49.9%+77.6%0.4%
5 years−3.9%−20.1%+19.3%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of all the company's shares, counting those held against depositary receipts traded abroad, from the filing for Sep 2026.IndusInd Bank shareholding pattern

Shareholding by group

  • Promoters15.08%
  • Foreign institutions29.06%
  • Indian institutions39.37%
  • Individuals and others11.85%
  • Depositary receipts4.64%
Holder
Indusind International Holdings LimitedPromoter10.04%
Indusind LimitedPromoter5.04%
Life Insurance Corporation of IndiaInsurance companies4.87%
Government of SingaporeForeign portfolio investors, category I2.45%
Government Pension Fund GlobalForeign portfolio investors, category I2.29%
Sbi Life Insurance Co. LtdInsurance companies1.62%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 42.78% of their shares. Since Jun 2026: promoters unchanged, foreign institutions +1.25 pts, Indian institutions −0.92 pts, mutual funds −0.80 pts.

Mutual fund holdings

327 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 147 of the 186 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 327 funds holding IndusInd Bank

Bought for the first time
1
Bought again
12
Added
89
Cut
97
Held unchanged
127
Sold out
10
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.IndusInd Bank insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 35 pledge filings of unclear kind
  • Others: no market trade · 7 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

IndusInd Bank competitors and peers

Private Sector Bank, 20 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to IndusInd Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kotak Mahindra Bank logoKotak Mahindra BankKOTAKBANK4,40,19420.502.26+12.4%+15.6%11.8%2.05%4.68%0.15%
Axis Bank logoAxis BankAXISBANK3,75,41812.531.63+7.4%+15.2%14.0%1.47%3.58%0.08%
The Federal Bank logoThe Federal BankFEDERALBNK84,46716.281.92+10.6%+31.5%12.8%1.18%3.46%0.35%
IDBI Bank logoIDBI BankIDBI84,10510.131.16+2.7%−10.6%11.8%2.10%3.54%0.00%
IDFC First Bank logoIDFC First BankIDFCFIRSTB61,53220.471.24+13.4%+109.2%6.3%0.43%6.22%0.35%
RBL Bank logoRBL BankRBLBANK54,08244.881.24+9.0%+122.7%4.0%0.54%4.52%0.29%
Yes Bank logoYes BankYESBANK49,90911.900.94+5.0%+47.9%8.2%0.79%2.68%0.00%
Karur Vysya Bank logoKarur Vysya BankKARURVYSYA33,89311.462.20+13.6%+40.6%21.0%1.96%4.19%0.74%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.IndusInd Bank dividend history

Dividend per share, ₹, restated for later splits and bonuses

6Mar 177.5Mar 187.5Mar 19Mar 205Mar 218.5Mar 2214Mar 2317Mar 24Mar 251.5Mar 26
Highest ₹16.50 a share, year to Mar 2024.
Ex-dateTypePer share
25 Jun 2026Final₹1.50
28 Jun 2024Final₹16.50
2 Jun 2023Final₹14.00
11 Aug 2022Final₹8.50
17 Aug 2021Final₹5.00
8 Aug 2019Final₹7.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.IndusInd Bank announcements

IndusInd Bank share price by year

Each calendar year to 2025.IndusInd Bank share price history

YearClose at year endChangeHighest closeLowest close
2025864.20−10.0%1,079.10637.05
2024960.15−40.0%1,688.85929.45
20231,598.95+31.1%1,610.551,002.30
20221,220.10+37.4%1,264.10777.65
2021888.15−0.8%1,229.10802.60
2020894.95−40.7%1,539.65301.30
20191,510.00−5.6%1,821.101,223.20
20181,599.30−3.0%2,023.051,364.30
20171,648.90+48.8%1,791.251,087.45
20161,107.90+14.3%1,232.90807.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026832.60854.65832.20844.50841.9123,53,07935.8%
23 Oct 2026852.00852.05831.35835.00836.3220,10,56054.7%
22 Oct 2026845.20859.25837.70850.50848.1912,84,67147.5%
21 Oct 2026865.20868.45831.15849.55842.9819,86,40844.0%
19 Oct 2026875.95882.60859.70863.20867.8112,83,83261.4%
16 Oct 2026887.90889.70872.60877.00877.5017,17,33455.4%
15 Oct 2026864.40891.70864.40885.40883.1820,13,44852.4%
14 Oct 2026877.60883.05865.00866.00873.4734,76,20667.4%
13 Oct 2026851.00880.00845.70877.35868.2952,56,14476.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
11 Mar 2025Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
26 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
18 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson
Arijit Basu
At the end of the quarter to Sep 2026
Managing director and CEO
Rajiv Anand
At the end of the quarter to Sep 2026
NSE symbol
INDUSINDBK
BSE code
532187
ISIN
INE095A01012
Industry
Banks
CIN
L65191PN1994PLC076333
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
2401, General Thimmayya Road, Cantonment, Pune 411001, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments