Indbank Merchant Banking Services Ltd (INDBANK) — shareholding pattern, promoter holding, financials and share price
About Indbank Merchant Banking Services Ltd (INDBANK)
Indbank Merchant Banking Services Ltd operates in the Stockbroking & Allied industry, within the Financial Services sector. It trades on the NSE as INDBANK and on the BSE under scrip code 511473. Its ISIN is INE841B01017.
Incorporated in 1989, Indbank Merchant Banking Services Ltd. is engaged in Merchant Banking, Stock Broking, Depository Participant and allied activities.
Indbank Merchant Banking Services Limited, a subsidiary of Indian Bank, engaged in merchant banking and stock broking, is the first public sector merchant banking subsidiary in India to go public.
Indbank offers a wide array of services including issue management, loan syndication, mergers and acquisitions, stockbroking, and portfolio management.
Listed peers in Stockbroking & Allied: Rikhav Securities Ltd, DB (International) Stock Brokers Ltd, Keynote Financial Services Ltd, Onelife Capital Advisors Ltd, LKP Securities Ltd, Swastika Investmart Ltd.
Valuation & Returns
10 Jul 2026At ₹33.9 a share on 10 Jul 2026, Indbank Merchant Banking Services Ltd (INDBANK) was valued at a price-to-earnings ratio of 20.69x against an industry P/E of 43.11x and a price-to-book of 1.64x on a book value of ₹20.65 per share as of Mar 2025. Solomo computes return on equity of 7.93% and return on capital employed of 10.03% from filed results. Earnings ratios use standalone results for the twelve months Sep 2025 to Jun 2026.
- P/E
- 20.69x
- Industry P/E
- 43.11x
- P/B
- 1.64x
- EPS (TTM)
- ₹1.64
- Book value / share
- ₹20.65
- ROE
- 7.93%
- ROCE
- 10.03%
- ROA
- 6.16%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 41.23%
- 52-week range
- ₹29 – ₹47
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indbank Merchant Banking Services Ltd (INDBANK) reported revenue of ₹25.11 crore, net profit of ₹7.12 crore and earnings per share of ₹1.6. That compares with revenue of ₹26.57 crore and net profit of ₹8.46 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹6.9 crore and net profit ₹2.38 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 20.62 | 18.24 | 24.76 | 26.57 | 25.11 |
| Net profit (₹ cr) | 6.96 | 3.5 | 9 | 8.46 | 7.12 |
| EPS (₹) | 1.57 | 0.79 | 2.03 | 1.91 | 1.6 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.63% | 24.81% | 8.80% | 7.31% |
| Profit growth | 14.36% | 32.29% | 6.72% | -6.00% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 64.84% of Indbank Merchant Banking Services Ltd (INDBANK) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.09%. Market capitalisation was ₹150 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY -MINISTRY OF CORPORATE AFFAIRS 2.39%, Singhal Securities Private Limited 1.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 64.84% | - | - | 0.09% | 35.16% |
| Mar 2026 | 64.84% | - | 0% | 0.09% | 35.16% |
| Dec 2025 | 64.84% | - | - | 0.09% | 35.16% |
| Sep 2025 | 64.84% | - | - | 0.09% | 35.16% |
| Jun 2025 | 64.84% | - | 0.03% | 0.09% | 35.16% |
| Mar 2025 | 64.84% | - | - | 0.09% | 35.16% |
| Dec 2024 | 64.84% | - | 0% | 0.09% | 35.16% |
| Sep 2024 | 64.84% | - | 0.2% | 0.09% | 35.16% |