What is Indbank Merchant Banking Services Ltd (INDBANK) share price today?

Indbank Merchant Banking Services Ltd (INDBANK) is listed on the NSE. Visit VestAI at https://www.vestai.io/stocks/INDBANK for the latest live price, technical analysis, and AI-powered insights.

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What sector is Indbank Merchant Banking Services Ltd in?

Indbank Merchant Banking Services Ltd (INDBANK) is in the Financial Services sector, Stockbroking & Allied industry on the NSE.

Indbank Merchant Banking Services Ltd

Q: What is Indbank Merchant Banking Services Ltd's Orion Score?

Indbank Merchant Banking Services Ltd has an Orion Score of 50/100 (Watch) — a fundamentals-based quality & risk score. Indbank Merchant Banking Services Ltd scores 50/100 (Watch) on the Orion Score — moderate business quality (54), weak growth (48), strong balance-sheet safety (92) and fair valuation (50). A fundamentals-based quality & risk score, not a buy/sell recommendation.

INDBANK

NSE· Financial Services

₹34.05

+0.74 (+2.22%)

Updated 12:31 pm IST

52W Low · ₹29.5152W High · ₹47.15

Near 52W Low

Market Cap

₹149.16L Cr

Volume

54.5K

Prev Close

₹33.31

ISIN

INE841B01017

Orion Score

Fundamentals-based quality & risk · not a recommendation

50/100

Watch

Raw blend 60 capped to 50 by a red flag.

Why this is capped

Raw blend 60 → capped to 50

Weak cash conversion (CFO 0.4x PAT) with modest returns
Micro-cap (~Rs 149 cr) — limited reliability/liquidity
Thinly traded (~Rs 16.0 L/day) — hard to act on

Quality

Growth

Safety

Value

Indbank Merchant Banking Services Ltd scores 50/100 (Watch) on the Orion Score — moderate business quality (54), weak growth (48), strong balance-sheet safety (92) and fair valuation (50). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

Weak cash conversion (CFO 0.4x PAT) with modest returns
Micro-cap (~Rs 149 cr) — limited reliability/liquidity
Thinly traded (~Rs 16.0 L/day) — hard to act on

Forensic accounting

Piotroski F 3/9Altman Z Safe(7.82)Beneish M Elevated(-2.18)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

53/100

Neutral

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION

Low Debt

D/E 0.03x — lean balance sheet

QUALITY

Low Quality

ROCE 2.4% — poor capital efficiency

MOMENTUM

Neutral

RSI 51.6 — consolidating

Price Chart

SMA 20

SMA 50

SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio: 21.14
ROCE: 2.39%
ROE (1Y): 7.37%
D/E Ratio: 0.03x
OPM: 7.15%
TTM EPS: ₹1.59
Dividend Yield: —
Qtrly Sales: ₹4.57 Cr
Qtrly Profit: ₹1.21 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit

Quarter	Revenue	Net Profit	OPM	EPS
Q4 2026	₹4.57	₹1.21	7.2%	₹0.27
Q3 2026	₹6.14	₹1.92	42.4%	₹0.43
Q1 2026	₹6.33	₹2.14	40.0%	₹0.48
Q4 2025	₹3.7	₹1.14	-2.2%	₹0.26
Q3 2025	₹5.81	₹1.17	38.4%	₹0.26

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit

Year	Revenue	Net Profit	EBITDA	OPM
FY 2025	₹20.95	₹8.46	₹12.06	24.7%
FY 2024	₹19.57	₹9	₹12.1	33.5%
FY 2023	₹15.91	₹3.5	₹6.35	24.0%
FY 2022	₹17.63	₹6.96	₹10.28	63.1%

Peer Comparison — Financial Services

Top companies in the same sector by market cap

Company	Mkt Cap	P/E	ROCE	ROE	D/E	OPM
INDBANK ★	₹149 Cr	21.14	2.39%	7.37%	0.03x	7.15%
ICICIBANKICICI Bank Limited	₹9,05,033 Cr	16.89	16.36%	16.36%	—	—
SBINState Bank of	₹9,02,477 Cr	10.73	15.48%	15.48%	—	—
BAJAJHFLBAJAJ HOUSING FINANCE	₹73,351 Cr	28.59	3.22%	12.06%	4.61x	31.70%
ANGELONEAngel One Limited	₹31,612 Cr	34.61	14.23%	15.53%	1.29x	38.76%
CDSLCentral Depository Services	₹29,927 Cr	61.72	25.37%	23.91%	0.00x	37.64%

Balance Sheet

All values in ₹ Crores

Metric	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	₹118.09	₹106.34	₹97.38	₹94.7
Equity	₹91.65	₹83.37	₹74.51	₹71.13
Total Debt	₹0.01	—	₹2.79	—
Cash	₹1.15	₹0.63	₹4.82	₹9.32
Net Debt	—	—	—	—
Working Capital	₹103.53	₹58.66	₹27.18	₹15.77

Shareholding Pattern

Q1 FY2027

Promoter

68.24%

FII

DII

Public

31.76%

Quarter-over-Quarter Trend

Quarter	Promoter	FII	DII	Public
Q1 FY2027	68.24% ↑	0%	0% ↓	31.76% ↓
Q3 FY2026	64.84%	0%	0.09%	35.07%
Q2 FY2026	64.84%	0% ↓	0.09%	35.08% ↑
Q1 FY2026	64.84%	0.03% ↑	0.09%	35.04% ↓
Q4 FY2025	64.84%	0%	0.09%	35.08%
Q3 FY2025	64.84%	0% ↓	0.09%	35.07% ↑
Q2 FY2025	64.84%	0.2% ↑	0.09%	34.87% ↓
Q1 FY2025	64.84%	0.07%	0.09%	35.01%

Corporate Actions

No recent corporate actions

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About Indbank Merchant Banking Services Ltd (INDBANK) Stock

Indbank Merchant Banking Services Ltd is listed on the NSE under the Financial Services sector, Stockbroking & Allied industry. ISIN: INE841B01017. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.