NSE: INDUSINDBK | BSE: 532187

Mid-range Performer

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904.80 1.60 (0.18%)

27.33% Gain from 52W Low

2.6M NSE+BSE Volume

NSE 05 Jun, 2026 3:31 PM (IST)

70,495.9

Market Cap

Below industry Median

Beta 1Year

Very High Volatility

Whistleblower Complaint

IndusInd Bank falls on Wednesday after a whistleblower complaint is sent to the PMO seeking a probe See details

IndusInd Bank Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for INDUSINDBK, BSE:532187 IndusInd Bank Ltd.

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IndusInd Bank Ltd.

12 May 2026

904.80

0.18%

INDUS IND BANK

Hold: IndusInd Bank Ltd.

Target

Geojit BNP Paribas

*over or under performance to benchmark index IndusInd Bank, part of the Hinduja Group, provides vehicle and property loans through its consumer finance division, and a wide range of products to small and...

IndusInd Bank Ltd. has an average target of 946.62 from 8 brokers.

IndusInd Bank Ltd.

27 Apr 2026

904.80

0.18%

A calibrated comeback..

Hold: IndusInd Bank Ltd.

Target

Deven Choksey

We value the stock at 1.0x FY28E ABV per share of INR 904, yielding a TP of INR 904 (vs CMP INR 880, +2.7% upside). This reflects the trade-off between an improving recovery trajectory and return ratios that remain materially below peer averages (FY28E RoE of 7.2% vs ICICI/Axis at 16-18%).

IndusInd Bank Ltd. has an average target of 946.62 from 8 brokers.

IndusInd Bank Ltd.

27 Apr 2026

904.80

0.18%

IndusInd Bank (IIB): Q4FY26 Result Review

Hold: IndusInd Bank Ltd.

IDBI Capital

IndusInd Bank reported a meaningful recovery quarter with PAT rising sharply, as slippages declined 37% QoQ and provisions eased 29% QoQ. NIM improved to 3.39% aided by lower borrowing and deposit costs. PPOP remained steady at Rs 2,295 cr. Management explicitly stated credit costs have likely peaked. Capital position is healthy with CET1 at 16.2% and LCR at 118% no capital raise planned. Leadership transition is complete with new heads onboarded across retail, global markets, risk, and IT. We expect credit growth to recover to 13-14% in FY27 in line with industry, and ROA to gradually move toward the mediumterm 1% target. We largely maintain estimates. We maintain our HOLD rating on...

Promoters unpledged 8.08% of shares in last quarter. Total pledge stands at 42.78% of promoter holdings

IndusInd Bank Ltd.

26 Apr 2026

904.80

0.18%

IndusInd Bank

Hold: IndusInd Bank Ltd.

ICICI Direct

Advances mix Retail : 52%, SME : 14%, Wholesale : 34% Q4FY26, led by lower credit cost and stabilising asset quality, though loan growth remained muted. NII stood at 4,371 crore (+43.4% YoY / 4.2% QoQ), while NIM moderated to 3.39% (13 bps QoQ) as Q3 included one-off interest recovery, though underlying margin was aided by lower cost of funds. Other income remained QoQ flat on slower disbursement and benign treasury, YoY inflated due to lower base (+141.8% YoY / +0.4% QoQ). Provisions declined sharply to 1,482 crore (41.2% YoY / 29.3% QoQ) as net slippages fell 37% QoQ. PAT improved to 594 crore....

IndusInd Bank Ltd. has an average target of 946.62 from 8 brokers.

IndusInd Bank Ltd.

25 Apr 2026

904.80

0.18%

Lower provisions aid earnings; guides FY27 exit RoA at 1%

Neutral: IndusInd Bank Ltd.

Target

Motilal Oswal

IndusInd Bank (IIB) reported a 4QFY26 PAT of INR5.9b (MOFSLe PAT: INR1.2b), backed by lower opex and provisions.

Number of FII/FPI investors increased from 713 to 727 in Mar 2026 qtr.

IndusInd Bank Ltd.

25 Apr 2026

904.80

0.18%

IndusInd Bank (IIB IN) Q4FY26 Result Update Balance sheet de-risking progressing well ACCUMULATE

Accumulate: IndusInd Bank Ltd.

Target

Prabhudas Lilladhar

Decent quarter as NII normalises and asset quality improves Asset quality improves in MFI that led to lower provisions Loans guided to grow in-line with system in FY27 IIB saw good quarter as NII was in-line that did not contain any one-offs while asset quality improved. As loan growth is yet to pick-up, fee was a miss. Overall slippage fell by 29% QoQ to 212bps & MFI slippage was down ~50% QoQ that led to lower provisions at 1.80% (PLe 2.36%). Balance sheet de-risking is progressing well with share of large corp./MFI declining to 43%/5% from 48%/9% YoY. 57% of MFI portfolio is covered...

IndusInd Bank Ltd. is trading above its 200 day SMA of 842.5

IndusInd Bank Ltd.

25 Apr 2026

904.80

0.18%

IndusInd Bank (HOLD): Return profile improvement underway; contingent on execution

Hold: IndusInd Bank Ltd.

Recommendation Target

BOB Capital Markets Ltd.

PPoP in line with estimates. Credit growth declined, though, management expects loan growth to be in-line with system in FY27

Number of FII/FPI investors increased from 713 to 727 in Mar 2026 qtr.

IndusInd Bank Ltd.

20 Feb 2026

904.80

0.18%

Hopes abound for a sustained turnaround; upgrade to BUY

Buy: IndusInd Bank Ltd.

Recommendation Target

Emkay

We upgrade IndusInd Bank (IIB) to BUY from Reduce while hoisting our TP by ~38% to Rs1,100 from Rs800. This is on the back of reinforced confidence on the new management’s decisive push on fixing structural gaps—reorienting the asset-liability mix, strengthening governance/internal controls, and rebuilding leadership, thus setting the stage for a sustained turnaround.

Promoters unpledged 8.08% of shares in last quarter. Total pledge stands at 42.78% of promoter holdings

IndusInd Bank Ltd.

11 Feb 2026

904.80

0.18%

IndusInd Bank (IIB): Q3FY26 Result Review

Hold: IndusInd Bank Ltd.

Recommendation Target

IDBI Capital

IndusInd Bank reported a weak Q3 FY26 performance, impacted by balance sheet right-sizing, elevated credit costs and pressure on core profitability. Advances and deposits declined ~3% QoQ and ~1% QoQ, respectively, driven by the deliberate run-down of bulk deposits as the bank pivots toward a granular retail liability franchise. NII stood at 4,562 crore (+3% QoQ) on stable margins, while PPOP rose 11% QoQ to 2,270 crore aided by cost optimisation; however, high provisions of ~2,096 crore continued to weigh on earnings, resulting in PAT of 128 crore (vs loss in Q2 FY26). Asset quality showed early stabilisation, with...

Number of FII/FPI investors increased from 713 to 727 in Mar 2026 qtr.

IndusInd Bank Ltd.

27 Jan 2026

904.80

0.18%

IndusInd Bank

Hold: IndusInd Bank Ltd.

Target

ICICI Direct

The bank has a strong presence with pan India branch network of 3,120 branches (3,063 ATMs) and a large customer base of ~4.2 crore Q3FY26 performance: IndusInd Bank reported a modest sequential recovery in Q3FY26, aided by margin expansion and lower provisioning, though balance sheet growth remained muted. Advances declined to 3.17 lakh crore down 13.5% YoY (2.6% QoQ) and deposits to 3.93 lakh crore down 3.8% YoY (1.1% QoQ). NII declined 12.7% YoY (3.5% QoQ) to 4,562 crore, supported by improvement in reported NIM to 3.52% down 41 bps YoY (+20 bps QoQ; normalized 3.35%) driven...

IndusInd Bank Ltd. has an average target of 946.62 from 8 brokers.

Is IndusInd Bank Ltd. worth buying?

1497 Votes:

Buy 78.82%

Sell 14.43%

Hold 6.75%

RESEARCH REPORTS

Hold SEE REPORTS >

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Hold SEE REPORTS >

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