NSE ScannerCapital Markets · Investment Banks/Brokers · NSE: INDBANK · data 2026-11-01
Indbank Merchant Banking Services Limited
In plain words
Price: 43.8% below its 52-week high of ₹42.
Delivery: 63.8% of traded shares were kept for delivery over the last 10 sessions, against 65.4% over the last 60.
Latest results: a net profit of ₹2 cr for the quarter ended Sept 2026 (-13.4% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹25 cr |
| Net profit (last 12 months) | ₹7 cr |
| Sales growth, 3 years (yearly) | 9.4% |
| Profit growth, 3 years (yearly) | 26.7% |
At a glance
Promoters 64.8% (unchanged in a year), pledged 0.0%, institutions 0.1%.
P/E 14.7, P/B 1.0, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 7.4%, operating margin 38.4%: how much profit it earns on the money it uses.
Profit growth 26.7% and sales growth 9.4% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Profit grew 26.7% a year over 3 years.
- Low return on equity (7.4%).
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
INDBANK Q2 FY27 results (standalone figures, as filed on NSE).
Revenue was ₹6.36 crore, up 1.3% YoY and down 7.8% QoQ.
Net profit was ₹1.61 crore, down 13.4% YoY and down 32.4% QoQ.
Operating margin was 35.8% (42.2% a year ago).
EPS was ₹0.36, down 14.3% YoY and down 33.3% QoQ.
INDBANK के Q2 FY27 नतीजे (स्टैंडअलोन आंकड़े, NSE पर दाखिल)।
राजस्व: ₹6.36 करोड़; पिछले साल की तुलना में 1.3% की बढ़त, पिछली तिमाही की तुलना में 7.8% की गिरावट।
शुद्ध मुनाफ़ा: ₹1.61 करोड़; पिछले साल की तुलना में 13.4% की गिरावट, पिछली तिमाही की तुलना में 32.4% की गिरावट।
ऑपरेटिंग मार्जिन: 35.8% (एक साल पहले 42.2%)।
EPS: ₹0.36; पिछले साल की तुलना में 14.3% की गिरावट, पिछली तिमाही की तुलना में 33.3% की गिरावट।
INDBANKના Q2 FY27 પરિણામો (સ્ટેન્ડઅલોન આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹6.36 કરોડ; ગયા વર્ષની સરખામણીએ 1.3% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 7.8% ઘટાડો.
ચોખ્ખો નફો: ₹1.61 કરોડ; ગયા વર્ષની સરખામણીએ 13.4% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 32.4% ઘટાડો.
ઓપરેટિંગ માર્જિન: 35.8% (એક વર્ષ પહેલાં 42.2%).
EPS: ₹0.36; ગયા વર્ષની સરખામણીએ 14.3% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 33.3% ઘટાડો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
5/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Delivery 62.5% over the last 20 sessions vs 62.2% in the 40 before (1x); shares delivered per day 0.44x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results
- 9 Oct 26Results Q2 FY27 results: profit −13.4% YoY +1.5% next session
- 8 Jul 26Results Q1 FY27 results: profit +11.2% YoY -6.9% next session
- 20 Apr 26Results Q4 FY26 results: profit +6.1% YoY -2.4% next session
- 14 Jan 26Results Q3 FY26 results: profit +64.1% YoY +8.4% next session
- 14 Oct 25Results Q2 FY26 results: profit −43.6% YoY -3.6% next session
- 18 Jul 25Results Q1 FY26 results: profit −24.9% YoY -1.4% next session
- 24 Apr 25Results Q4 FY25 results: profit −54.4% YoY +7.7% next session
- 22 Jan 25Results Q3 FY25 results: profit −54.3% YoY -6.0% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (standalone)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹6 cr | ₹2 cr | -13.4% | 35.8% | 0.36 |
| Jun 2026 | ₹7 cr | ₹2 cr | +11.2% | 45.7% | 0.54 |
| Mar 2026 | ₹6 cr | ₹1 cr | +6.1% | 31.0% | 0.27 |
| Dec 2025 | ₹6 cr | ₹2 cr | +64.1% | 42.5% | 0.43 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 64.84% | 64.84% | 64.84% | 64.84% |
| Foreign institutions (FII) | — | — | 0.00% | — |
| Domestic institutions (DII) | 0.09% | 0.09% | 0.09% | 0.09% |
| Mutual funds | 0.09% | 0.09% | 0.09% | 0.09% |
| Retail investors | 26.27% | 26.20% | 26.52% | 26.75% |
| Number of shareholders | 49,310 | 49,528 | 50,062 | 50,537 |
Common questions
What was Indbank Merchant Banking Services Limited's latest quarterly profit?
Indbank Merchant Banking Services Limited reported a net profit of ₹2 cr for the quarter ended Sept 2026 (-13.4% on the same quarter a year earlier), on revenue of ₹6 cr.
How much do promoters hold in Indbank Merchant Banking Services Limited?
Promoters held 64.84% of Indbank Merchant Banking Services Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Indbank Merchant Banking Services Limited debt-free?
Its latest reported debt-to-equity ratio is 0, so it carries little or no borrowing on the balance sheet.
What is Indbank Merchant Banking Services Limited's P/E ratio?
About 14.7, based on the last 12 months' earnings and a price of ₹23.61 (data 2026-11-01).
What is the 52-week high and low of Indbank Merchant Banking Services Limited?
The 52-week high is ₹42 and the 52-week low is ₹22.65.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Indbank Merchant Banking Services Limited | ₹23.61 | ₹109 cr | 14.7 | 1 | 7.4% | — | 0 | -41.5% |
| Steel City Securities Ltd. | ₹77.48 | ₹117 cr | 6.9 | — | 10.7% | — | 0.07 | -23.7% |
| LKP Securities Limited | ₹13.8 | ₹114 cr | 15.5 | — | 10.6% | — | 0.72 | -18.4% |
| Keynote Financial Services Limited | ₹215 | ₹113 cr | 21.1 | — | 4.7% | — | 0.03 | -17.6% |
| DB (International) Stock Brokers Limited | ₹28.22 | ₹102 cr | 40.4 | 1.3 | 4.2% | — | 0.03 | +11.1% |
| GACM Technologies Limited | ₹0.51 | ₹91 cr | 9 | — | 10.9% | — | 0 | -22.7% |
Compare INDBANK with STEELCITY in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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