IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Value Trap
745.8000 6.30 (0.85%)
NSE Sep 01, 2025 10:50 AM
Volume: 632.5K
 

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IndusInd Bank Ltd.
22 May 2025
745.80
0.85%
Prabhudas Lilladhar
IIB saw an abnormal but weak quarter as it reported a net loss of Rs22.4bn due to recognition of accounting lapses. While forex loss of Rs19.6bn and interest reversal on MFI loans Rs5.7bn were expected, increased MFI stress of Rs19.7bn led to QoQ spike of 81bps in provisions to 281bps; contingent provisions of Rs13.25bn were fully utilized. Our sense is that most of the lapses have been corrected, and no significant deviations are expected. For FY26/27E we trim loan growth by 5%/2% to 8%/11% and subsequently due to cascading effect...
IndusInd Bank Ltd. has an average target of 811.00 from 11 brokers.
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