Indus Networks Ltd.

NSE: INDUS | BSE: 532381 | ISIN: INE006B01017 |Industry: IT Software Products
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Durability score
25 /100
Valuation score
0 /100
Technical score
IE
Market Capitalizati...
IE
Price to Book Value
IE
PE TTM Price to Ear...
IE
Indus Networks Ltd.    
13 Jul 2018
Geojit Research
Net Interest Margin (NIM) was marginally lower at 3.92% against 3.97% on re-pricing of loan book coupled with higher cost of funds. CASA ratio of IIB is stable at 44%, grew by 37% YoY. Bank's GNPA/NNPA ratios are stable at 1.15%/0.51% on QoQ basis. Earnings are expected to sustain a healthy growth of 30% CAGR on the back of robust loan growth at 28% CAGR with stable NIMs quality. We With a stable earnings outlook, we value IIB at a target P/BV of 3.7x and...