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IDBI Bank Ltd (IDBI)

₹88.863.62%

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Overview
News
Financials
Q1 2024 Results
Technicals

IDBI Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹88.51
    ₹94.9
  • 52 Week's Low

    52 Week's High

    ₹56.55
    ₹98.7
1 Month Return+ 2.35 %
3 Month Return+ 3.27 %
1 Year Return+ 55.08 %
Previous Close₹92.20
Open₹92.65
Volume3.44Cr
Upper Circuit-
Lower Circuit-
Market Cap₹99,137.15Cr

Key Statistics

P/E Ratio16.52
PEG Ratio8.51
Market Cap₹99,137.15 Cr
P/B Ratio2.07
EPS-12.38

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Motilal Oswal Nifty Midcap 150 Index Fund Direct GrowthMotilal Oswal Nifty Midcap 150 Index Fund Direct Growth0.14%
Nippon India Nifty Midcap 150 Index Fund Direct GrowthNippon India Nifty Midcap 150 Index Fund Direct Growth0.14%
SBI Nifty Midcap 150 Index Fund Direct GrowthSBI Nifty Midcap 150 Index Fund Direct Growth0.14%
ICICI Prudential Nifty Midcap 150 Index Fund Direct GrowthICICI Prudential Nifty Midcap 150 Index Fund Direct Growth0.14%
Motilal Oswal Nifty 500 Fund Direct GrowthMotilal Oswal Nifty 500 Fund Direct Growth0.02%

Company Information

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: ₹88.86 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹99,137.15Cr as of today
Revenue: ₹7,955.95Cr as on March 2024 (Q1 24)
Net Profit: ₹1,664.92Cr as on March 2024 (Q1 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 Shares Surge on RBI Report and Strong Q1 Results - 19 Jul, 2024

    Shares of IDBI Bank surged 7% after the Reserve Bank of India submitted a fit and proper report on bidders for the bank, speeding up its privatisation process. The bank reported strong Q1FY25 results with total deposits growing 13% YoY to Rs 2.77 trillion.

  • IDBI Bank Shares Surge After RBI Report on Divestment Process - 18 Jul, 2024

    Shares of IDBI Bank rose by nearly 6% after the Reserve Bank of India issued a fit and proper report on bidders for its long-awaited privatisation. The report outlines criteria for potential buyers, advancing the divestment process. Attention now turns to the upcoming Union Budget 2024 for signals on the disinvestment process.

  • IDBI Bank Increases Dividend Yield - 16 Jul, 2024

    IDBI Bank has declared a dividend of ₹1.50 per equity share, increasing the dividend yield to 1.6%. The bank has a long history of paying out dividends and its current track record is at a minimum of 10 years. Assuming the dividend continues along recent trends, we think the future payout ratio could be 16% by next year.

  • SBI Recommends Divestment of PSBs and Stake Sale in IDBI Bank - 08 Jul, 2024

    The State Bank of India (SBI) has recommended divesting public sector banks (PSBs) and stake sale in IDBI Bank in its research report. SBI also sought clarity on the privatisation of IDBI Bank as the government and Life Insurance Corporation of India are selling an almost 61% stake in the lender.

  • IDBI Bank Reports Strong Q1 Growth - 05 Jul, 2024

    IDBI Bank reports strong Q1 FY25 growth with total business up 15%, deposits up 13%, and net advances up 17%. Standalone net profit also jumped 44% in Q4 FY24.

  • IDBI Bank's CASA Deposits Rise 5% in Q1 FY25 - 04 Jul, 2024

    IDBI Bank Ltd.'s current account-saving accounts deposits rose 5% to Rs 1.34 lakh crore in the first quarter of fiscal 2025, while net advances increased 17% YoY to Rs 1.94 lakh crore. Deposit growth of the bank grew 13% YoY to Rs 2.77 lakh crore in the April-June quarter.

  • IDBI Bank to Increase Dividend Yield - 02 Jul, 2024

    IDBI Bank has announced an increase in its dividend yield to 1.8%, above the industry average, with a payout ratio of 28%. The bank's track record of paying dividends for at least 10 years and projected EPS growth of 79.3% over the next year make it a strong income stock.

  • IDBI Bank Among Major Creditors Claiming Against Jaiprakash Associates - 28 Jun, 2024

    IDBI Bank is among the major creditors claiming nearly Rs 53,000 crore against Jaiprakash Associates Ltd. after it proposed a one-time settlement. Additionally, new investment guidelines will suppress IDBI Bank's trading profits in Q1.

  • IDBI Bank Extends Special Deposit Deadline and Increases FD Interest Rates - 25 Jun, 2024

    IDBI Bank has extended the deadline for its special deposit fixed deposit, Utsav Callable FD, to September 30, 2024. The bank has also added a new tenure of 700 days and increased interest rates by 5 basis points on select special FDs. Revised interest rates are effective from June 18.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.45% to 0.47% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, IDBI has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 11 quarters, 588.54 Cr → 1.66K Cr (in ₹), with an average increase of 9.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 7.06K Cr → 7.95K Cr (in ₹), with an average increase of 5.8% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, IDBI stock has moved up by 2.4%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.01% to 0.02% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, IDBI has outperformed top 5 stocks with highest market-cap in Banks

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 4.66% of holdings in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹7,955.95Cr
↑4.96%
Net Income
₹1,664.92Cr
↑10.37%
Net Profit Margin
20.93%
↑5.18%
2024Y/Y Change
Revenue
₹30,421.10Cr
↑20.68%
Net Income
₹5,788.11Cr
↑56.18%
Net Profit Margin
19.03%
↑29.46%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹3,63,498.80Cr
↑9.88%
Total Liabilities
₹3,63,498.80Cr
↑9.88%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹1,187.61Cr
↓50.46%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
94.71%
0.00
Foreign Institutions
0.47%
3.50
Mutual Funds
0.02%
10.95
Retail Investors
4.66%
-0.17
Others
0.15%
-6.08

Key Indicators

IDBI Bank Ltd Valuation

IDBI Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-8.10x)

December 8, 2020

Today (16.52x)

July 19, 2024

Industry (17.98x)

July 19, 2024

Highest (41.58x)

March 12, 2021

LowHigh

Earnings and Dividends

  • IDBI Bank Ltd Earnings Results

    IDBI Bank Ltd’s net profit jumped 36.83% since last year same period to ₹1,664.92Cr in the Q4 2023-2024. On a quarterly growth basis, IDBI Bank Ltd has generated 10.37% 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 1.69%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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IDBI Bank Ltd (IDBI) share price today is ₹88.86

IDBI Bank Ltd is listed on NSE

IDBI Bank Ltd is listed on BSE

  • Today’s highest price of IDBI Bank Ltd is ₹94.9.
  • Today’s lowest price of IDBI Bank Ltd is ₹88.51.

PE Ratio of IDBI Bank Ltd is 16.52

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 3.44Cr.

Today’s market capitalisation of IDBI Bank Ltd(IDBI) is ₹99137.15Cr.

IDBI Bank Ltd(IDBIPrice
52 Week High
₹98.7
52 Week Low
₹56.55

IDBI Bank Ltd(IDBI) share price is ₹88.86. It is down -9.97% from its 52 Week High price of ₹98.7

IDBI Bank Ltd(IDBI) share price is ₹88.86. It is up 57.14% from its 52 Week Low price of ₹56.55

IDBI Bank Ltd(IDBIReturns
1 Day Returns
-3.34%
1 Month Returns
2.35%
3 Month Returns
3.27%
1 Year Returns
55.08%