Financial Ratios Induslnd Bank Limited

Equities

INDUSINDBK

INE095A01012

Banks

Market Closed - NSE India S.E. Other stock markets 06:50:38 2025-02-13 am EST			5-day change	1st Jan Change
1,047.25 ^INR	+0.73%		-1.31%	+9.07%

Feb. 11	MSCI adds Hyundai Motor India to key global index, removes Adani Green Energy	RE
Feb. 10	India private banks see higher levels of small loan defaults until mid-2025	RE

6634cd80bc4da75e9210a.VIeeRb6D1cHQhCK04QMF9XCDa97Mnl_HAkO4eYtrgnk.Y9XZJtTU-IWP0HvEiFQyhgDPMrGq7y-iWzHyAM4c1TsGwNY0xPGht7bXcw

Published financial data: INDUSLND BANK LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Interest Income On Loans	288B	290B	308B	364B	457B
Interest Income, Total	288B	290B	308B	364B	457B
Interest On Deposits	167B	155B	158B	188B	251B
Interest Expense, Total	167B	155B	158B	188B	251B
Net Interest Income	121B	135B	150B	176B	206B
Gain (Loss) on Sale of Assets	-86.15M	13.79M	-11.3M	-27.79M	-31.38M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	5.53B	14.86B	5.93B	-166M	5.05B
Total Other Non Interest Income	64.09B	50.13B	68.16B	81.92B	88.93B
Non Interest Income, Total	69.53B	65.01B	74.08B	81.73B	93.96B
Revenues Before Provison For Loan Losses	190B	200B	224B	258B	300B
Provision For Loan Losses	46.52B	79.43B	82.93B	45.06B	38.95B
Total Revenues	144B	121B	141B	213B	261B
Salaries And Other Employee Benefits	28.19B	30.39B	34.61B	41.5B	53.15B
Stock-Based Compensation (IS)	3.65M	1.42M	123M	283M	592M
Occupancy Expense	11.72B	11.69B	12.9B	14.43B	16.73B
Selling General & Admin Expenses, Total	3.87B	3.3B	3.77B	4.45B	5.82B
(Income) Loss on Equity Invest.	-3.15M	-2.21M	-3.98M	-3.64M	-3.07M
Total Other Non Interest Expense	38.04B	36.19B	41.7B	52.79B	65.19B
Non Interest Expense, Total	81.82B	81.57B	93.1B	113B	141B
EBT, Excl. Unusual Items	61.77B	39.3B	48.05B	99.13B	120B
EBT, Incl. Unusual Items	61.77B	39.3B	48.05B	99.13B	120B
Income Tax Expense	17.19B	10B	-	24.7B	29.92B
Earnings From Continuing Operations	44.58B	29.3B	48.05B	74.43B	89.77B
Net Income to Company	44.58B	29.3B	48.05B	74.43B	89.77B
Net Income - (IS)	44.58B	29.3B	48.05B	74.43B	89.77B
Net Income to Common Incl Extra Items	44.58B	29.3B	48.05B	74.43B	89.77B
Net Income to Common Excl. Extra Items	44.58B	29.3B	48.05B	74.43B	89.77B
Per Share Items
Net EPS - Basic	64.33	40.03	62.07	96.01	115.54
Basic EPS - Continuing Operations	64.33	40.03	62.07	96.01	115.54
Basic Weighted Average Shares Outstanding	693M	732M	774M	775M	777M
Net EPS - Diluted	64.1	39.96	61.97	95.89	115.33
Diluted EPS - Continuing Operations	64.1	39.96	61.97	95.89	115.33
Diluted Weighted Average Shares Outstanding	696M	733M	775M	776M	778M
Normalized Basic EPS	55.71	33.56	38.8	79.92	96.28
Normalized Diluted EPS	55.51	33.5	38.73	79.82	96.1
Dividend Per Share	-	5	8.5	14	16.5
Payout Ratio	14.05	-	8.05	8.85	12.1
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	27.83	25.44	-	24.91	25
Total Current Taxes	19.98B	17.04B	18.4B	23.32B	25.88B
Total Deferred Taxes	-2.8B	-7.04B	-2.12B	1.38B	4.03B
Normalized Net Income	38.61B	24.56B	30.03B	61.96B	74.81B
Non-Cash Pension Expense	173M	115M	117M	362M	212M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	3.65M	1.42M	123M	283M	592M
Total Stock-Based Compensation	3.65M	1.42M	123M	283M	592M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	37.8B	401B	542B	150B	196B
Investment Securities, Total	588B	676B	682B	831B	1,065B
Total investments	588B	676B	682B	831B	1,065B
Gross Loans	2,068B	2,126B	2,391B	2,899B	3,433B
Net Loans	2,068B	2,126B	2,391B	2,899B	3,433B
Gross Property Plant And Equipment	35.56B	38.54B	42.07B	46.58B	52.21B
Accumulated Depreciation	-16.85B	-19.78B	-22.78B	-25.79B	-28.97B
Net Property Plant And Equipment	18.71B	18.76B	19.29B	20.79B	23.24B
Accrued Interest Receivable	26.42B	20.14B	20.17B	23.95B	30.98B
Restricted Cash	123B	165B	144B	417B	173B
Other Current Assets, Total	15.75B	8.74B	12.64B	2.4B	8.44B
Deferred Tax Assets Long-Term (Collected)	12.4B	20.11B	22.32B	21.39B	22.61B
Other Real Estate Owned And Foreclosed	3.65B	4.14B	640M	640M	-
Other Long-Term Assets, Total	179B	189B	187B	211B	199B
Total Assets	3,072B	3,629B	4,020B	4,578B	5,151B
Liabilities
Interest Bearing Deposits	1,736B	2,201B	2,568B	2,855B	3,376B
Non-Interest Bearing Deposits	284B	357B	365B	506B	470B
Total Deposits	2,020B	2,559B	2,933B	3,361B	3,846B
Current Portion of Long-Term Debt	357B	227B	166B	199B	145B
Long-Term Debt	250B	287B	307B	291B	331B
Accrued Interest Payable	12.77B	14.51B	13.11B	18.3B	19.43B
Other Current Liabilities - (Bank / Utility Template)	4.77B	6.62B	8.44B	11.45B	13.94B
Other Non Current Liabilities	79.47B	101B	111B	147B	164B
Total Liabilities	2,725B	3,194B	3,539B	4,028B	4,519B
Common Stock, Total	6.94B	7.73B	7.75B	7.76B	7.78B
Additional Paid In Capital	124B	184B	184B	185B	188B
Retained Earnings	201B	234B	278B	345B	424B
Comprehensive Income and Other	14.98B	9.51B	10.43B	11.55B	12.6B
Total Common Equity	347B	435B	480B	550B	632B
Total Equity	347B	435B	480B	550B	632B
Total Liabilities And Equity	3,072B	3,629B	4,020B	4,578B	5,151B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	694M	773M	775M	776M	778M
ECS Total Common Shares Outstanding	694M	773M	775M	776M	778M
Book Value / Share	501.03	562.48	619.96	708.92	812.1
Tangible Book Value	347B	435B	480B	550B	632B
Tangible Book Value Per Share	501.03	562.48	619.96	708.92	812.1
Total Debt	608B	513B	473B	490B	476B
Deposits at Interest - Cash	11.67B	349B	487B	366B	163B
Debt Equivalent of Unfunded Proj. Benefit Obligation	102M	112M	182M	365M	535M
Net Debt	570B	112B	-68.9B	340B	280B
Equity Method Investments, Total	22.04M	24.25M	28.24M	31.87M	34.94M
Full Time Employees	30.67K	29.66K	33.58K	38.18K	45.64K
Number Of Offices	1.91K	2.02K	2.26K	2.61K	2.98K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	44.58B	29.3B	48.05B	74.43B	89.77B
Depreciation, Depletion & Amortization	2.27B	2.47B	2.7B	3.15B	3.42B
Total Depreciation, Depletion & Amortization	2.27B	2.47B	2.7B	3.15B	3.42B
Amortization of Deferred Charges, Total	636M	804M	818M	917M	1.21B
(Gain) Loss On Sale of Asset - (CF)	86.15M	-13.79M	11.3M	27.79M	31.38M
(Gain) Loss on Sale of Investments - (CF)	9.33B	8.48B	7.42B	7.84B	8.43B
Provision for Credit Losses	41.77B	73.34B	62.99B	41.85B	33.35B
(Income) Loss On Equity Investments - (CF)	3.15M	2.21M	3.98M	3.64M	3.07M
Stock-Based Compensation (CF)	3.65M	1.42M	123M	283M	592M
Change in Other Net Operating Assets (Collected)	-297B	-205B	-325B	-694B	-789B
Other Operating Activities	-4.2B	1.66B	-5.6B	12.93B	-1.69B
Cash from Operations	-202B	-88.67B	-208B	-552B	-654B
Capital Expenditure	-4.2B	-3.41B	-4.14B	-5.71B	-7.3B
Sale of Property, Plant, and Equipment	43.15M	101M	81.38M	109M	187M
Cash from Investing	-4.16B	-3.31B	-4.06B	-5.6B	-7.11B
Long-Term Debt Issued, Total	126B	-	28B	26.88B	901M
Total Debt Issued	126B	-	28B	26.88B	901M
Long-Term Debt Repaid, Total	-	-94.31B	-68B	-10B	-14.9B
Total Debt Repaid	-	-94.31B	-68B	-10B	-14.9B
Issuance of Common Stock	606M	53.35B	844M	857M	2.45B
Common Dividends Paid	-6.27B	-	-3.87B	-6.59B	-10.86B
Common & Preferred Stock Dividends Paid	-6.27B	-	-3.87B	-6.59B	-10.86B
Net Increase (Decrease) in Deposit Accounts - (CF)	73.12B	538B	375B	428B	485B
Other Financing Activities, Total	6.74B	-	-	-	-
Cash from Financing	200B	497B	332B	439B	462B
Foreign Exchange Rate Adjustments	210M	69.86M	109M	797M	81.81M
Miscellaneous Cash Flow Adjustments	18.41B	1K	-	-	-
Net Change in Cash	12.71B	406B	120B	-118B	-199B
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	21.39B	8.33B	21.88B	11.96B	31.71B
Net Debt Issued / Repaid	126B	-94.31B	-40B	16.88B	-14B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.52	0.87	1.26	1.73	1.85
Return On Equity %	14.51	7.49	10.5	14.45	15.19
Return on Common Equity	14.51	7.49	10.5	14.45	15.19
Shareholders Value Added	7.72B	-17.65B	-6.87B	12.62B	18.85B
Margin Analysis
SG&A Margin	32.44	40.21	39.37	30.74	31.14
Net Interest Income / Total Revenues %	83.98	111.93	106.27	82.75	78.94
EBT Excl. Non-Recurring Items Margin %	43.02	32.51	34.04	46.63	45.83
Income From Continuing Operations Margin %	31.05	24.24	34.04	35.01	34.37
Net Income Margin %	31.05	24.24	34.04	35.01	34.37
Net Avail. For Common Margin %	31.05	24.24	34.04	35.01	34.37
Normalized Net Income Margin	26.89	20.32	21.28	29.14	28.64
Asset quality
Nonperforming Loans / Total Loans %	2.49	2.73	2.31	2.01	1.95
Nonperforming Loans / Total Assets %	1.68	1.6	1.37	1.27	1.3
Nonperforming Assets / Total Assets %	1.68	1.6	1.37	1.27	1.3
NPAs / Loans and OREO	2.48	2.72	2.31	2.01	1.95
NPAs / Equity	14.81	13.32	11.49	10.59	10.59
Provision for Loan Losses / Net Charge-offs %	183.27	195.88	189.15	122.26	166.67
Capital And Funding
Total Average Common Equity / Total Average Assets %	10.5	11.68	11.97	11.98	12.15
Total Average Equity / Total Average Assets %	10.5	11.68	11.97	11.98	12.15
Total Equity + Allowance for Loan Losses / Total Loans %	16.8	20.46	20.09	18.97	18.41
Gross Loans / Total Deposits %	102.35	83.09	81.49	86.26	89.26
Net Loans / Total Deposits %	102.35	83.09	81.49	86.26	89.26
Tier 1 Capital Ratio %	14.57	16.83	16.8	16.37	15.82
Total Capital Ratio %	15.04	17.38	18.42	17.86	17.23
Core Tier 1 Capital Ratio	13.22	15.55	15.96	15.93	15.82
Tier 2 Capital Ratio	0.47	0.55	1.62	1.49	1.41
Interbank Ratio	11.2	119.62	525.62	36.33	91.06
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.37	1.25	1.3	1.53	1.48
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	36.32	12.18	10.89	17.27	17.19
Non Interest Income, 1 Yr. Growth %	23.13	-6.5	13.95	11.27	14.96
Provision For Loan Losses, 1 Yr. Growth %	49.7	70.73	-7.26	-32.42	-13.55
Total Revenues, 1 Yr. Growth %	26.12	-15.83	27.32	35.6	22.85
Earnings From Cont. Operations, 1 Yr. Growth %	35.07	-34.28	63.99	54.91	20.61
Net Income, 1 Yr. Growth %	35.07	-34.28	63.99	54.91	20.61
Normalized Net Income, 1 Yr. Growth %	24.03	-36.38	63.99	55.69	20.74
Diluted EPS Before Extra, 1 Yr. Growth %	17.72	-37.66	55.08	54.74	20.27
Dividend Per Share, 1 Yr. Growth %	-	-	70	64.71	17.86
Gross Loans, 1 Yr. Growth %	10.94	2.81	12.44	21.28	18.41
Net Loans, 1 Yr. Growth %	10.94	2.81	12.44	21.28	18.41
Non Performing Loans, 1 Yr. Growth %	30.38	12.6	-4.79	5.6	14.88
Non Performing Assets, 1 Yr. Growth %	30.38	12.6	-4.79	5.6	14.88
Total Assets, 1 Yr. Growth %	10.59	18.12	10.76	13.9	12.51
Total Deposits, 1 Yr Growth %	3.67	26.65	14.65	14.58	14.42
Tangible Book Value, 1 Yr. Growth %	30.2	25.19	10.4	14.53	14.91
Common Equity, 1 Yr. Growth %	30.2	25.19	10.4	14.53	14.91
Total Equity, 1 Yr. Growth %	30.2	25.19	10.4	14.53	14.91
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	26.82	23.66	11.53	14.04	17.23
Non Interest Income, 2 Yr. CAGR %	20.98	7.3	3.22	12.12	13.1
Provision For Loan Losses, 2 Yr. CAGR %	98.94	59.87	33.52	-29.01	-23.57
Total Revenues, 2 Yr. CAGR %	13.88	3.03	-0.85	38.47	29.07
Earnings From Cont. Operations, 2 Yr. CAGR %	11.19	-5.78	3.82	59.38	36.69
Net Income, 2 Yr. CAGR %	11.19	-5.78	3.82	59.38	36.69
Normalized Net Income, 2 Yr. CAGR %	6.16	-11.17	-11.8	83.94	37.1
Diluted EPS Before Extra, 2 Yr. CAGR %	3.73	-14.33	-1.68	54.91	36.42
Dividend Per Share, 2 Yr. CAGR %	-	-18.35	-	67.33	39.33
Gross Loans, 2 Yr. CAGR %	19.44	6.8	7.52	16.78	19.84
Net Loans, 2 Yr. CAGR %	19.44	6.8	7.52	16.78	19.84
Non Performing Loans, 2 Yr. CAGR %	73.75	21.16	3.54	0.27	10.15
Non Performing Assets, 2 Yr. CAGR %	73.75	21.16	3.54	0.27	10.15
Total Assets, 2 Yr. CAGR %	17.74	14.29	14.38	12.32	13.2
Total Deposits, 2 Yr CAGR %	15.42	14.59	20.5	14.61	14.5
Tangible Book Value, 2 Yr. CAGR %	20.72	27.67	17.56	12.45	14.72
Common Equity, 2 Yr. CAGR %	20.72	27.67	17.56	12.45	14.72
Total Equity, 2 Yr. CAGR %	20.72	27.67	17.56	12.45	14.72
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	25.76	21.74	19.25	13.42	15.08
Non Interest Income, 3 Yr. CAGR %	18.56	11.03	9.47	5.54	13.06
Provision For Loan Losses, 3 Yr. CAGR %	62.14	89.05	38.71	-1.06	-24.19
Total Revenues, 3 Yr. CAGR %	16.24	2.96	7.43	13.97	33.06
Earnings From Cont. Operations, 3 Yr. CAGR %	15.84	-6.69	13.33	18.63	45.24
Net Income, 3 Yr. CAGR %	15.84	-6.69	13.33	18.63	45.24
Normalized Net Income, 3 Yr. CAGR %	12.31	-10.5	-1.19	17.08	59.85
Diluted EPS Before Extra, 3 Yr. CAGR %	10.46	-12.46	4.41	14.37	42.38
Dividend Per Share, 3 Yr. CAGR %