Indbank Merchant Banking Services Limited

Financial Services · Capital Markets

NSE: INDBANK BSE: 511473
₹25.36
▲ 0.30 (1.20%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
57/100
Moderate
Valuation
97/100
Undervalued
Momentum
43/100
Neutral

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹113 Cr
PE (TTM)
Data unavailable.
Price to Book
1.1
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
Data unavailable.
Piotroski Score
Data unavailable.
Relative return vs Nifty50, qtr %
-18.8
Relative return vs Sector, qtr %
-16.1
Free Cash Flow
₹2 Cr
as of March 31, 2026
Industry median ₹-0 Cr (66 companies)
EPS Growth (YoY)
-41.79%
as of Dec. 31, 2022
Industry median 19.85% (24 companies)
Net Profit Growth (TTM)
0.00%
as of June 30, 2026
Industry median 0.00% (45 companies)
Operating Revenue Growth (TTM)
0.00%
as of June 30, 2026
Industry median 0.00% (44 companies)
Profit Growth (YoY)
-41.62%
as of Dec. 31, 2022
Industry median 30.91% (22 companies)
Revenue Growth (YoY)
-20.86%
as of Dec. 31, 2022
Industry median 16.54% (23 companies)
Current Ratio
Data unavailable (needs a filed half-yearly balance sheet).
Debt to Equity
Data unavailable (needs a filed half-yearly balance sheet).
Interest Coverage
5.79
as of June 30, 2026
Industry median 5.19 (47 companies)
Net Margin
40.46%
as of Dec. 31, 2022
Industry median 46.90% (28 companies)
Operating Margin (EBIT)
53.24%
as of Dec. 31, 2022
Industry median 58.57% (29 companies)
Operating Margin (TTM)
43.22%
as of June 30, 2026
Industry median 42.83% (47 companies)
Return on Assets
3.36%
as of March 31, 2026
Industry median 3.60% (58 companies)
Return on Capital Employed
Data unavailable (needs a filed half-yearly balance sheet).
Return on Equity
4.19%
as of March 31, 2026
Industry median 7.41% (58 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

2 of 6 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Return on equity is 15% or more (4.2%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

2 of 3 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

0 of 3 met
  • No 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 5 met
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
1.2%
Low 25.0600 · High 25.9900
1W return
-3.0%
Low 24.2100 · High 27.2000
1M return
-19.8%
Low 24.2100 · High 31.7500
52W return
-23.6%
Low 24.2100 · High 47.1500
Lifetime High ₹59.1000 (Feb. 6, 2024)
Lifetime Low ₹2.4500 (Aug. 7, 2013)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
25.5
10D
25.9
20D
27.0
50D
29.2
100D
31.0
200D
33.2

Delivery and volume

Day avg. delivery
69.9%
Week avg. delivery
64.5%
Month avg. delivery
62.1%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

25.47
Pivot
First resistance25.88
Second resistance26.40
Third resistance26.81
First support24.95
Second support24.54
Third support24.02
Day RSI28.5
Day MFI58.3
Day MACD-1.44
Day MACD signal-1.50

Beta

1M0.89
3M1.03
1Y1.20
3Y1.37

Price change analysis

↓ -19.8%
Over 1 Month
LowHigh
24.2131.75
↓ -24.1%
Over 3 Months
LowHigh
24.2137.30
↓ -18.6%
Over 6 Months
LowHigh
24.2137.48
↓ -23.6%
Over 1 Year
LowHigh
24.2147.15
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →

Data unavailable (needs at least 2 historical quarters with both a filed EPS and a matching trading day).

Revenue (June 30, 2026)
₹7 Cr
Net profit (June 30, 2026)
₹2 Cr
Basic EPS (June 30, 2026)
₹

Ranks #48 of 63 in Capital Markets by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter64.84%
  • Mutual funds0.09%

Largest holders

NameCategoryShares %Shares
Indian BankPromoter64.8400%28773800
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY -MINISTRY OF CORPORATE AFFAIRSPublic2.3900%1060631
Singhal Securities Private LimitedPublic1.0100%448000

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 64.84% in Jun 2026 qtr

Historical fii holding

Historical mutual fund holding

Mutual funds holdings were unchanged at 0.09% in Jun 2026 qtr

All shareholding details →

DateClientDealActionQuantityPriceExchange
6 Oct 2025 NEO APEX VENTURE LLP Bulk Sell 256,340 39.5800 NSE
6 Oct 2025 NEO APEX VENTURE LLP Bulk Buy 256,340 39.3400 NSE
26 Jul 2024 SINGHAL SECURITIES PRIVATE LIMITED Bulk Buy 426,500 57.0000 NSE
25 Apr 2024 CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED Bulk Buy 311,055 53.6800 NSE
25 Apr 2024 CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED Bulk Sell 255,986 53.6000 NSE
29 Jan 2024 YUGA STOCKS AND COMMODITIES PRIVATE LIMITED . Bulk Buy 662,499 51.4900 NSE
29 Jan 2024 YUGA STOCKS AND COMMODITIES PRIVATE LIMITED . Bulk Sell 562,499 51.8800 NSE
29 Jan 2024 SANDEEP PRAKASHCHANDRA JAIN (HUF) Bulk Buy 273,638 49.8900 NSE
29 Jan 2024 SANDEEP PRAKASHCHANDRA JAIN (HUF) Bulk Sell 223,638 50.6900 NSE
29 Jan 2024 MANSI SHARE AND STOCK ADVISORS PVT LTD Bulk Sell 520,902 51.8900 NSE

All bulk and block deals →

Corporate Actions

Full history (16 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
12 Sep 2024OTHERAnnual General Meeting
7 Sep 2023OTHERAnnual General Meeting
19 Sep 2022OTHERAnnual General Meeting
17 Sep 2021OTHER Annual General Meeting
21 Sep 2020OTHER Annual General Meeting

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
8 Jul 2026 Financial Results Yes
20 Apr 2026 Financial Results Yes
14 Jan 2026 Financial Results Yes
13 Oct 2025 Financial Results Yes
18 Jul 2025 Financial Results Yes

Corporate Announcements

All 450 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
29 Sep 2026 Trading Window Indbank Merchant Banking Services Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
29 Sep 2026 Insider Trading / SAST Indbank Merchant Banking Services Ltd - 511473 - Closure of Trading Window
25 Sep 2026 Shareholders meeting Indbank Merchant Banking Services Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2026. Further, the company has informed the Exchange regarding voting results.
25 Sep 2026 AGM/EGM Indbank Merchant Banking Services Ltd - 511473 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
24 Sep 2026 Shareholders meeting Indbank Merchant Banking Services Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 24, 2026
31 Aug 2026 Record Date Indbank Merchant Banking Services Limited has informed the Exchange that Record date for the purpose of for conducting AGM is 17-Sep-2026.
31 Aug 2026 Copy of Newspaper Publication Indbank Merchant Banking Services Limited has informed the Exchange about Copy of Newspaper Publication
28 Aug 2026 Shareholders meeting Indbank Merchant Banking Services Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026
25 Aug 2026 Outcome of Board Meeting Indbank Merchant Banking Services Limited has informed the Exchange regarding Outcome of Board Meeting held on August 25, 2026.
13 Jul 2026 Copy of Newspaper Publication Indbank Merchant Banking Services Limited has informed the Exchange about Copy of Newspaper Publication

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (40.5%)

Weaknesses

  • Low Return on Equity (4.2%)
  • Declining revenue YoY (-20.9%)
  • Declining profit YoY (-41.6%)

Opportunities

  • RSI in oversold territory (28.5) -- a technical rebound zone

Threats

  • Down 23.6% over the past year

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Indbank Merchant Banking Services Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.