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IDBI Bank Ltd share price logo

IDBI Bank Ltd

(IDBI)

₹85.070.06%

as on 04:01PM, 09 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

IDBI Bank Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

IDBI Bank Ltd revenue growth forecast

Expected growth rate Q1, FY2023:0

Forecast

Actual

Source: S&P Global Market Intelligence

IDBI Bank Ltd Performance

  • Day's Low

    Day's High

    ₹84.8
    ₹86.28
  • 52 Week's Low

    52 Week's High

    ₹63.4
    ₹107.9
1 Month Return+ 4.3 %
3 Month Return-2.72 %
1 Year Return+ 27.43 %
Previous Close₹85.12
Open₹85.10
Volume41.17L
Upper Circuit-
Lower Circuit-
Market Cap₹91,524.45Cr

IDBI Bank Ltd Key Statistics

P/E Ratio13.53
PEG Ratio7.31
Market Cap₹91,524.45 Cr
P/B Ratio2.07
EPS5.41
Dividend Yield1.85
SectorBanks
ROE14.25

IDBI Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹91,524.45 Cr29.92%NA₹5,788 Cr₹30,421 Cr
NA₹59,815.66 Cr41.77%NA₹1,671 Cr₹25,119 Cr
NA₹52,068.27 Cr41.68%NA₹2,667 Cr₹35,662 Cr
NA₹1,09,369.36 Cr95.72%NA₹2,665 Cr₹29,730 Cr
NA₹44,487.95 Cr76.8%NA₹4,071 Cr₹23,509 Cr

About IDBI Bank Ltd

IDBI Bank Ltd is a leading Indian financial institution, incorporated on July 1, 1964. It is a public sector bank owned by the Government of India, with headquarters in Mumbai. The current CEO of IDBI Bank is Rakesh Sharma. IDBI Bank offers a wide range of banking and financial services including retail banking, corporate banking, investment banking, private banking, asset management, insurance and other financial services.

IDBI Bank's top products include savings accounts, current accounts, fixed deposits, recurring deposits, loan products such as home loans, car loans, personal loans and business loans. It also offers credit cards, debit cards, prepaid cards, forex services, mutual funds and online trading services.

IDBI Bank's popular brands include IDBI Federal Life Insurance, IDBI Capital, IDBI Intech, IDBI Gilts and IDBI Federal Savings Fund. It also has a number of subsidiaries such as IDBI Capital Markets Services Ltd, IDBI Intech Ltd, IDBI Gilts Ltd, etc.

Share Price: ₹85.07 per share as on 09 Dec, 2024 04:01 PM
Market Capitalisation: ₹91,524.45Cr as of today
Revenue: ₹8,812.79Cr as on September 2024 (Q3 24)
Net Profit: ₹1,860.80Cr as on September 2024 (Q3 24)
Listing date: 20 Sep, 1995
Chairperson Name: T N Manoharan
OrganisationIDBI Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for IDBI Bank Ltd

  • IDBI Bank Stake Sale and Strong Q2 Results - 21 Nov, 2024

    The Centre plans to off-load a 60.7% stake in IDBI Bank, including shares from the Government and LIC. IDBI Bank reported a 39% YoY increase in net profit for Q2 FY2025, reaching Rs 1,836 crore, alongside a 45% rise in operating profit.
  • IDBI Bank Disinvestment Progressing as Planned - 20 Nov, 2024

    The government is confident of achieving a 4.9% fiscal deficit in FY25. The IDBI Bank disinvestment is advancing to the next stage of due diligence, with financial bids to be invited soon.
  • IDBI Bank Privatization Process Progressing - 13 Nov, 2024

    The government expects financial bids for IDBI Bank's privatization to be submitted in FY25, with the process likely concluding in FY26. Due diligence for potential bidders is set to begin soon, with a 61% stake being sold by the Centre and LIC.
  • IDBI Bank Privatisation Process Advances - 12 Nov, 2024

    IDBI Bank's privatisation is expected to see financial bids by FY25's end, with due diligence for potential bidders underway. The Centre and LIC plan to sell a 61% stake, with a 39% YoY profit increase reported in Q2. The privatisation process began in January 2023, aiming for completion in FY26.
  • IDBI Bank Announces Recruitment for 1000 ESO Positions - 08 Nov, 2024

    IDBI Bank is recruiting for 1000 Executive Sales and Operations (ESO) positions. Applications are open until November 16, with a monthly salary starting at Rs 29,000.
  • IDBI Bank Focuses on Innovative Deposit Strategies - 06 Nov, 2024

    Rakesh Sharma, CEO of IDBI Bank, emphasized that merely raising interest rates won't suffice to attract deposits. He advocates for enhancing convenience, service delivery, and brand trust, while acknowledging that low deposits affect profitability. Innovative schemes are necessary to boost deposits.
  • Bidders Shortlisted for IDBI Bank Acquisition - 29 Oct, 2024

    Canadian investor Prem Watsa and Emirates NBD are the final bidders for IDBI Bank. They will access the virtual data room soon to prepare final bids.
  • IDBI Bank Privatization Targeted by March 2025 - 28 Oct, 2024

    The Finance Ministry is working to complete the privatization of IDBI Bank by March 2025. The RBI has issued fit and proper certificates to shortlisted bidders, with access to the virtual data room expected soon.
  • IDBI Bank Reports Strong Q2 Profit Growth - 27 Oct, 2024

    IDBI Bank Ltd reported a 38.3% year-on-year increase in net profit to ₹1,836.5 crore for Q2 FY2025, alongside a 45% rise in operating profit to ₹3,006 crore.
  • IDBI Bank Reports Strong Q2 Earnings Growth - 26 Oct, 2024

    IDBI Bank Limited reported a significant increase in net income for Q2 2024, reaching INR 18,608 million, up from INR 13,854 million year-over-year. Basic and diluted earnings per share also rose to INR 1.73 from INR 1.29. For the six months, net income was INR 35,951.2 million, compared to INR 26,146.6 million last year, with earnings per share increasing to INR 3.34 from INR 2.43.
  • IDBI Bank Reports Strong Q2 Profit Growth - 25 Oct, 2024

    IDBI Bank's Q2 FY25 results show a 39% increase in net profit to ₹1,836 crore, with net interest income rising 26%. Asset quality improved, with gross NPAs at 3.68%. Total income reached ₹8,754 crore, reflecting strong performance.
  • IDBI Bank Strategic Sale Advances with RBI Approval - 23 Oct, 2024

    The strategic sale of IDBI Bank is set to move forward without delays, following the Reserve Bank of India's prior approval. Due diligence for prospective bidders will commence in November, streamlining the sale process and ensuring regulatory compliance.

Insights on IDBI Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 13 quarters, 588.54 Cr → 1.86K Cr (in ₹), with an average increase of 8.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 7.52K Cr → 8.81K Cr (in ₹), with an average increase of 14.6% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, IDBI stock has moved up by 4.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 76.7% return, outperforming this stock by 1.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 40.6% return, outperforming this stock by 13.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 94.71% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.66% to 4.64% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.47% to 0.46% in Sep 2024 quarter

IDBI Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹7,063.66Cr (-)₹7,579.91Cr (↑7.31%)₹7,955.95Cr (↑4.96%)₹7,527.16Cr (↓5.39%)₹8,812.79Cr (↑17.08%)
Net Income₹1,385.40Cr (-)₹1,508.53Cr (↑8.89%)₹1,664.92Cr (↑10.37%)₹1,734.32Cr (↑4.17%)₹1,860.80Cr (↑7.29%)
Net Profit Margin19.61% (-)19.90% (↑1.48%)20.93% (↑5.18%)23.04% (↑10.08%)21.11% (↓8.38%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,98,074.18Cr (-)₹3,01,910.28Cr (↑1.29%)₹3,30,810.20Cr (↑9.57%)₹3,63,498.80Cr (↑9.88%)
Total Liabilities₹2,98,074.18Cr (-)₹3,01,910.28Cr (↑1.29%)₹3,30,810.20Cr (↑9.57%)₹3,63,498.80Cr (↑9.88%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹190.34Cr (-)₹10,217.99Cr (↑5,268.28%)₹5,007.82Cr (↓50.99%)-₹2,397.45Cr (↓147.87%)-₹1,187.61Cr (↓50.46%)

Index Inclusions

BSE 200

₹11,389.83

-0.21 (-23.42%)

S&P BSE Largecap

₹9,599.19

-0.29 (-27.64%)

Nifty 200

₹13,977.20

-0.14 (-19.6%)

S&P BSE 250 LargeMidCap

₹10,813.09

-0.17 (-18.82%)

Nifty Midcap 150

₹21,748.50

0.38 (83.1%)

S&P BSE Fin. Ser

₹11,953.68

0.1 (12.35%)

Nifty LargeMidcap 250

₹16,290.00

0.06 (9.9%)

Nifty 500

₹23,292.00

-0.09 (-20.1%)

S&P BSE 100 LargeCap TMC

₹9,220.99

-0.26 (-24.26%)

Nifty Midcap 100

₹58,998.75

0.5 (294.15%)

Nifty MidSmallcap 400

₹20,606.60

0.38 (77.6%)

BSE 500

₹36,639.05

-0.11 (-41.96%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

IDBI Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
94.71%
0.00
Foreign Institutions
0.46%
-0.81
Mutual Funds
0.02%
48.68
Retail Investors
4.64%
-0.24
Others
0.16%
5.12

IDBI Bank Ltd Key Indicators

Details2021202220232024
Return On Equity %2.633.196.3914.25
Details20202021202220232024
Return On Assets %-4.270.510.841.121.59
Details20202021202220232024
Book Value Per Share (₹)27.2929.1531.7235.4540.12
Details20202021202220232024
Earning Per Share (₹)-12.381.352.383.475.41

IDBI Bank Ltd Valuation

IDBI Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.10x)

December 8, 2020

Today (13.53x)

December 6, 2024

Industry (16.38x)

December 6, 2024

Highest (41.58x)

March 12, 2021

LowHigh

IDBI Bank Ltd Earnings and Dividends

  • IDBI Bank Ltd Earnings Results

    IDBI Bank Ltd’s net profit jumped 34.31% since last year same period to ₹1,860.80Cr in the Q2 2024-2025. On a quarterly growth basis, IDBI Bank Ltd has generated 7.29% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • IDBI Bank Ltd Dividends May,2024

    In the quarter ending March 2024, IDBI Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.76%.

    Read More about Dividends

IDBI Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

IDBI Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on IDBI Bank Ltd

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IDBI Bank Ltd (IDBI) share price today is ₹85.07

IDBI Bank Ltd is listed on NSE

IDBI Bank Ltd is listed on BSE

  • Today’s highest price of IDBI Bank Ltd is ₹86.28.
  • Today’s lowest price of IDBI Bank Ltd is ₹84.8.

PE Ratio of IDBI Bank Ltd is 13.53

PE ratio = IDBI Bank Ltd Market price per share / IDBI Bank Ltd Earnings per share

Today’s traded volume of IDBI Bank Ltd(IDBI) is 41.17L.

Today’s market capitalisation of IDBI Bank Ltd(IDBI) is ₹91524.45Cr.

IDBI Bank Ltd(IDBIPrice
52 Week High
₹107.9
52 Week Low
₹63.4

IDBI Bank Ltd(IDBI) share price is ₹85.07. It is down -21.16% from its 52 Week High price of ₹107.9

IDBI Bank Ltd(IDBI) share price is ₹85.07. It is up 34.18% from its 52 Week Low price of ₹63.4

IDBI Bank Ltd(IDBIReturns
1 Day Returns
-0.05%
1 Month Returns
4.3%
3 Month Returns
-2.72%
1 Year Returns
27.43%