Who are in the management team of Indbank Merchant?

As of March 2023, the management team of Indbank Merchant includes G R Sundaravadivel, Chitra Murali, Vaijinath Gavarshetty, Satish Kumar Kalra (all Independent Directors), Imran Amin Siddiqui and Sunil Jain (Non-Executive Directors), and V. Hari Babu (President & Whole-time Director).

As of March 2023, the management team of Indbank Merchant includes the following individuals:<BR><BR>1. G R Sundaravadivel - Independent Director<BR>2. Chitra Murali - Independent Director<BR>3. Vaijinath Gavarshetty - Independent Director<BR>4. Satish Kumar Kalra - Independent Director<BR>5. Imran Amin Siddiqui - Non Executive Director / Nomin<BR>6. V. Hari Babu - President & Whole-time Director<BR>7. Sunil Jain - Non Executive Director / Nomin<BR><BR>These members play various roles within the company's governance structure.

What does Indbank Merchant do?

Indbank Merchant Banking Services Ltd offers merchant banking, stock broking, and depository services, and is the only public sector merchant banking subsidiary in India. As of March 2025, it reported net sales of 5 Cr and a net profit of 1 Cr, with a market cap of Rs 161 Cr.

Overview:<BR>Indbank Merchant Banking Services Ltd is engaged in merchant banking, stock broking, and depository participant services within the capital markets industry, classified as a micro-cap company.<BR><BR>History:<BR>Indbank Merchant Banking Services Ltd was incorporated in August 1989 as a subsidiary of the Indian Bank. It is notable for being the first and only public sector merchant banking subsidiary in India to go public. The latest reported quarter for net sales and profit is March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 161 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 10.15% <BR>Price-to-Book: 1.91 <BR><BR>Contact Details:<BR>Address: Khivraj Complex 1 1st Floor, 480 Anna Salai Nandanam Chennai Tamil Nadu : 600035 <BR>Tel: 91-44-24313094-97 <BR>Email: investors@indbankonline.com <BR>Website: http://www.indbankonline.com

Has Indbank Merchant declared dividend?

Indbank Merchant Banking Services Ltd has declared an 8% dividend, amounting to 0.8000 per share, with an ex-date of August 7, 2009. However, the dividend yield is 0%, and while total returns show significant growth over longer periods, the dividend has not contributed to returns recently.

Indbank Merchant Banking Services Ltd has declared an 8% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 8%<BR>- Amount per share: 0.8000<BR>- Ex-date: 07 Aug 09<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -25.85%, the dividend return was 0%, resulting in a total return of -25.85%.<BR><BR>In the 1-year period, the price return was -22.65%, the dividend return was 0%, resulting in a total return of -22.65%.<BR><BR>In the 2-year period, the price return was 39.6%, the dividend return was 0%, resulting in a total return of 39.6%.<BR><BR>In the 3-year period, the price return was 53.86%, the dividend return was 0%, resulting in a total return of 53.86%.<BR><BR>In the 4-year period, the price return was 126.18%, the dividend return was 0%, resulting in a total return of 126.18%.<BR><BR>In the 5-year period, the price return was 360.21%, the dividend return was 0%, resulting in a total return of 360.21%.<BR><BR>Overall, while Indbank Merchant has declared a dividend, the dividend yield is 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant growth over longer periods, particularly in the 4 and 5-year spans, despite the lack of dividend contributions.

Who are the peers of the Indbank Merchant?

Indbank Merchant's peers include HDFC AMC, Motil.Oswal.Fin., and Nippon Life Ind., among others. It has below-average management risk and a 1-year return of -28.23%, higher than DB Intl.Stock but lower than its other peers.

Peers: The peers of Indbank Merchant are HDFC AMC, Motil.Oswal.Fin., Nippon Life Ind., 360 ONE, Wallfort Fin., Dharni Capital, DB Intl.Stock, Asit C Mehta Fin, and Steel City Sec.<BR><BR>Quality Snapshot: Excellent management risk is observed at HDFC AMC, Nippon Life Ind., 360 ONE, and Dharni Capital, while Good management risk is found at Motil.Oswal.Fin. Average management risk is noted at Steel City Sec., and Below Average management risk is present at Indbank Merchant, Wallfort Fin., DB Intl.Stock, Asit C Mehta Fin, and the rest. Growth is rated as Excellent for HDFC AMC, Motil.Oswal.Fin., and Dharni Capital, while Average growth is seen at Nippon Life Ind., 360 ONE, and the rest. Good growth is observed at Indbank Merchant, Wallfort Fin., and DB Intl.Stock, while Below Average growth is noted at Asit C Mehta Fin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Motil.Oswal.Fin. at 37.00%, while the lowest is DB Intl.Stock at -37.08%. Indbank Merchant's 1-year return is -28.23%, which is higher than DB Intl.Stock but lower than all other peers. Additionally, Wallfort Fin., DB Intl.Stock, and Asit C Mehta Fin. have negative six-month returns.

What is the technical trend for Indbank Merchant?

As of June 5, 2025, Indbank Merchant's technical trend is neutral with mixed signals, showing a sideways movement due to conflicting indicators across weekly and monthly charts.

As of 5 June 2025, the technical trend for Indbank Merchant has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a bullish trend on the weekly chart but are mildly bearish on the monthly. Moving averages on the daily chart show a mildly bearish trend. The KST is mildly bullish weekly but bearish monthly, and the Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly. The OBV is bullish for both weekly and monthly periods. Overall, the mixed indicators suggest a sideways movement with no strong directional bias at this time.

Who are the top shareholders of the Indbank Merchant?

The top shareholder of Indbank Merchant is Indian Bank, holding 64.84% of the shares, followed by individual investors with 29.48%. Mutual funds and a foreign institutional investor hold minor stakes of 0.09% and 0.03%, respectively.

The top shareholders of Indbank Merchant are primarily the promoters, with Indian Bank holding the largest share at 64.84%. There are no pledged promoter holdings, and individual investors collectively hold 29.48% of the shares. Additionally, mutual funds have a minor stake through five schemes, accounting for 0.09%, and there is one foreign institutional investor (FII) with a 0.03% holding. There are no significant public shareholders listed.

Should I buy, sell or hold Indbank Merchant?

How big is Indbank Merchant?

As of 24th July, Indbank Merchant Banking Services Ltd has a market capitalization of 154.00 Cr, with Net Sales of 25.76 Cr and a Net Profit of 7.75 Cr reported in the latest four quarters. Shareholder's Funds are 83.37 Cr and Total Assets amount to 104.84 Cr as of March 2024.

As of 24th July, Indbank Merchant Banking Services Ltd has a market capitalization of 154.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 25.76 Cr and a Net Profit of 7.75 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 83.37 Cr and Total Assets of 104.84 Cr.

When is the next results date for Indbank Merchant?

The next results date for Indbank Merchant is 13 October 2025.

The next results date for Indbank Merchant is scheduled for 13 October 2025.

Are Indbank Merchant latest results good or bad?

Indbank Merchant's latest results are poor, with a 43.64% decline in net profit and a 22.76% drop in revenue year-on-year, marking three consecutive quarters of declining revenues and significant pressure on profitability. The company's operating margin has also contracted sharply, indicating ongoing operational challenges.

Indbank Merchant's latest results indicate a challenging period for the company. In Q2 FY26, the net profit decreased to ₹1.86 crore, reflecting a significant decline of 43.64% year-on-year. Revenue also fell to ₹6.28 crore, down 22.76% compared to the same quarter last year. This marks the third consecutive quarter of declining revenues, raising concerns about the sustainability of the company's business model in a competitive environment.<BR><BR>Additionally, the operating margin has contracted sharply to 42.36%, down from 55.47% a year earlier, which highlights the pressure on profitability. The return on equity (ROE) stands at a modest 8.46%, suggesting inefficiencies in capital utilization.<BR><BR>Overall, the financial performance shows significant deterioration across multiple metrics, leading to investor disappointment and a negative sentiment in the stock market. Given these factors, the results can be characterized as poor, with ongoing operational challenges that need to be addressed for any potential recovery.

How has been the historical performance of Indbank Merchant?

Indbank Merchant has shown consistent growth in net sales and profit, with net sales increasing from 8.12 crore in March 2019 to 26.78 crore in March 2025, and profit after tax rising from 1.77 crore to 8.46 crore during the same period. The company's total assets also grew significantly, indicating a strong financial position.

Answer:<BR>The historical performance of Indbank Merchant shows a steady increase in net sales and profit over the years, with the latest figures for March 2025 indicating net sales of 26.78 crore and a profit after tax of 8.46 crore.<BR><BR>Breakdown:<BR>Indbank Merchant has demonstrated a positive trend in net sales, rising from 8.12 crore in March 2019 to 26.78 crore in March 2025. The total operating income has similarly increased, reaching 26.78 crore in March 2025, up from 18.28 crore in March 2023. Operating profit, excluding other income, has shown significant improvement, peaking at 11.91 crore in March 2025, compared to a loss of 5.23 crore in March 2020. Profit before tax has also seen a rise, reaching 11.50 crore in March 2025, while profit after tax has increased to 8.46 crore from 1.77 crore in March 2019. The company's total assets have grown from 70.28 crore in March 2020 to 116.45 crore in March 2025, reflecting a robust financial position. Cash and cash equivalents have fluctuated, with a closing balance of 1.00 crore in March 2025, indicating a recovery from previous years. Overall, Indbank Merchant's financial metrics reflect a trajectory of growth and improved profitability over the years.

Is Indbank Merchant overvalued or undervalued?

As of November 13, 2025, Indbank Merchant is fairly valued with a PE ratio of 26.25, lower than Bajaj Finance's 34.18, and despite a year-to-date return of -19.41% compared to the Sensex's 8.11%, its long-term performance of 371.81% over ten years suggests potential for recovery and growth.

As of 13 November 2025, the valuation grade for Indbank Merchant has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of 26.25, an EV to EBIT of 9.21, and a ROCE of 73.02%. <BR><BR>In comparison with peers, Indbank Merchant's PE ratio is significantly lower than Bajaj Finance, which stands at 34.18, indicating that Indbank may offer better value relative to its earnings. Additionally, Life Insurance, which is rated very attractive, has a much lower PE of 11.18, suggesting that Indbank is competitively positioned within the capital markets sector. Despite recent underperformance against the Sensex, with a year-to-date return of -19.41% compared to the Sensex's 8.11%, the long-term performance of 371.81% over ten years highlights the potential for recovery and growth.

Which are the latest news on Indbank Merchant?

Why is Indbank Merchant falling/rising?

As of 03-Dec, Indbank Merchant Banking Services Ltd's stock price is falling, currently at 35.81, reflecting a decline of 0.31 (-0.86%). The stock has underperformed significantly against market indices, with a year-to-date drop of 22.67% compared to the Sensex's gain of 8.92%.

As of 03-Dec, Indbank Merchant Banking Services Ltd's stock price is falling, currently at 35.81, which reflects a decrease of 0.31 (-0.86%). The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 2.53% during this period. <BR><BR>In terms of performance relative to the market, the stock has underperformed significantly over various time frames. Over the past week, it has decreased by 1.35%, while the Sensex has only fallen by 0.59%. The one-month performance shows a stark contrast, with Indbank down 12.55% compared to a 1.34% increase in the Sensex. Year-to-date, the stock has declined by 22.67%, while the Sensex has gained 8.92%. Over the past year, the stock has dropped 27.93%, while the Sensex has risen by 5.27%. <BR><BR>Despite these declines, there are some signs of rising investor participation, as evidenced by a 17.61% increase in delivery volume on December 2nd compared to the five-day average. However, the overall trend remains negative, with the stock trading lower than its 5-day, 20-day, and 50-day moving averages, although it is above the 100-day and 200-day moving averages. <BR><BR>In summary, the combination of consecutive price declines, significant underperformance against the benchmark indices, and the current price movement indicates that Indbank Merchant Banking Services Ltd's stock is falling.