AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 17 Oct - IDBI Bank announced Q2 FY27 and half-year results; net profit rose to ₹2,205 crore, NII to ₹4,228 crore.
Source: Bse
IDBI Bank Limited (IDBI)
Small CapFinancial Services stocks · Small cap · NSE
IDBI Bank Limited is an Indian public sector bank providing a range of banking and financial services. The bank focuses on retail and corporate advances, with a growing emphasis on digital banking and financial inclusion initiatives. It aims for sustained profitability and asset quality improvement.
Data qualityVerify one data layerQuote updated 19 Oct, 03:31 pm ISTPost-result recalculation pendingDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result17 Oct, 02:41 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
30Bearishfull bear SMA stack · SMA20 -3.5% / mo · MACD −
Stock trend: 21
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
IDBID candles · FIT view+8.0%Latest close ₹82.24 on 2026-10-19
Bar
-2.0%
RSI
45
MACD hist
-0.06
52W pos
37%
2026-10-19O ₹83.94H ₹84.75L ₹81.99C ₹82.24Vol 99.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
IDBINifty Financial ServicesNifty 500
- IDBI
- -3.3%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +2.3 pp
Chart stats
19 Oct 2026- From 52W high
- -30.5%
- 52W range position
- 37%
- ATR (14)
- 4.3%
- Volume vs 20D
- 0.47x
- Avg traded value
- ₹176 Cr
- 20D price channel
- ₹81 - ₹93.6
₹118.4
₹61 - ₹118.4
₹3.5
Latest completed session
20-session average
50.4% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED65
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad10
Revenue +39.8% · PAT -31.3% YoY
Technical
Bearish30
Price trend and sector-relative-strength timing.
Valuation
Legacy model+62.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Sept 2026
Bad · 10/100PAT -31% YoY · Rev +40% YoY · +32% QoQ
Filed 17 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹9,936.4 Cr | +39.8% | +31.6% |
| EBITDA | NDF | NDF | NDF |
| Operating margin | NDF | NDF | NDF |
| PAT | ₹2,226.2 Cr | -31.3% | +4.5% |
| PAT margin | 22.4% | -2319 bps | -583 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 9.70
- P/B
- 1.32
- EV/EBITDA
- —
- Market Cap
- 90438.00Cr
Profitability
- ROE
- 14.10%
- ROCE
- 5.92%
- ROA
- 2.00%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 8.00%
- EPS 5Y
- 43.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- 35.00%
Balance Sheet
- Debt/Equity
- 0.08
- Interest Coverage
- —
- Altman Z
- 1.81
- Book Value
- 63.80
Cash Flow
- FCF Yield
- 20.13%
- FCF Positive Y
- 5/5
- OCF
- 16762.00 Cr
- EPS TTM
- 8.67
Shareholding
- Promoter Hold
- 94.72%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 41%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 3.0-93.0% vs prev
Net Profit
₹ CrLatest: 9,237+20.7% vs prev
Return on Equity
%Latest: 16.0+28.7% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 45.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~3.6% over last month) — short-term momentum negative.
- RSI(14) at 45 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 31% off 52W high · 35% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
50
RS percentile
Stage 3 Topping
1M return
-1.0%
3M return
-3.3%
6M return
+10.4%
1Y return
-19.5%
RS 1D
-7
RS 20D
-1
Sector rank
#9
Industry rank
#9
Stage evidence
- 29.1% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (-2.8% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 94.61-1.22%
RS vs Nifty 50095
Valuation & peers
U-Score 65 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 65 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation24/30
Growth16/25
Quality6/20
Balance Sheet8/15
Cash Flow8/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
65
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
65/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 20.1%.
- Fair-value margin of safety is positive at 62.8%.
- Valuation contributes 24/30 to the score.
Main drags
- Quality is weaker at 6/20; verify the latest quarterly trend.
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
- Growth is weaker at 16/25; verify the latest quarterly trend.
Sector valuation model
Bank valuation: P/B adjusted for ROE and asset quality
Banks are balance-sheet businesses, so book value quality matters more than simple earnings multiples.
Primary lens
Price/book and ROE/ROA, not trailing PE alone.
Secondary checks
Capital adequacy, credit cost, NPA trend, deposit franchise.
Main risk check
Low P/B can be a trap if asset quality or credit cost is worsening.
PE
9.7
PB
1.3
EV/EBITDA
—
ROE
14.1%
ROCE
5.9%
FCF Yield
20.1%
Debt/Equity
0.1
MoS
+62.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
65
Previous: 65
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+62.8%
Previous: +62.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
65
65
65
65
65
62
65
65
65
65
65
65
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹111.56
+26.3% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹221.09
+62.8% MoS
PEG
0.24
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RBLBANK
Small
RBL Bank Limited
Banking
match 161
26
48.7
5.4%
+1%
OVERVALUED
KARURVYSYA
Small
Karur Vysya Bank Limited
Banking
match 161
50
11.6
19.1%
+53%
FAIR VALUE
FEDERALBNK
Mid
The Federal Bank Limited
Banking
match 159
36
17.7
11.6%
+28%
WATCHLIST
CUB
Small
City Union Bank Limited
Banking
match 158
38
16.0
13.2%
+36%
WATCHLIST
DHANBANK
Small
Dhanlaxmi Bank Limited
Banking
match 157
55
9.2
7.2%
+50%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-06-22T07:42:20.162Z
Management commentary snapshot
IDBI Bank reports strong NII and advances growth in Q4 FY26, but PAT declines YoY; asset quality continues to improve with lower NPAs and high PCR.
While operational metrics like NII, NIM, and advances growth are robust, the YoY decline in PAT raises concerns. This is primarily driven by a significant drop in 'Recovery from W/O cases' within other income, masking underlying improvements. Sustaining profitability requires consistent core income generation beyond one-off recoveries.
Current business mix
Gross Advances by Type (Mar 2026)
Latest issuer-disclosed distribution across 2 reported categories.
Retail70.0%
Corporate30.0%
Growth engines
Retail Net Advances Growth
Retail Net Advances grew by 16% YoY to Rs.177295 crore, indicating strong traction in this segment.
Priority Sector Advances
Priority Sector Advances grew by Rs.19449 crore YoY to Rs.99742 crore, reaching 44.15% of ANBC.
Digital Transaction Adoption
97% of customer-induced transactions are routed through digital channels, with UPI as the preferred mode, showing strong digital engagement.
Capacity and execution
Digital Merchant Base Expansion
Merchant Base (BHIM/UPI, AePS, Physical PoS) increased from 4.23 lakh in Mar 2025 to 6.46 lakh in Mar 2026.
UPI Transactional Value Growth
UPI Transactional Value grew from Rs.89812 crore (Jan-Mar 2025) to Rs.102635 crore (Jan-Mar 2026).
Tailwinds
Improving Asset Quality
GNPA reduced by 66 bps YoY and NNPA by 3 bps QoQ, with PCR consistently above 99%.
Strong Capital Position
Total CRAR at 26.65% and Tier 1 Capital at 25.56% provide a robust capital buffer.
Digital Adoption
High percentage of digital transactions and growth in UPI/Mobile Banking users indicate successful digital transformation.
Headwinds
Decline in Profit After Tax (PAT)
PAT decreased by 5% YoY to Rs.1943 crore, despite strong NII growth.
Lower Recovery from Written-Off Cases
Recovery from W/O cases declined by 66% YoY in Q4 FY26, impacting other income.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
For financial services, both YoY and QoQ comparisons are crucial. YoY provides insight into long-term growth trends and seasonal impacts, while QoQ highlights sequential momentum in key metrics like spreads, asset quality, and disbursements, which are vital for assessing immediate operational performance.
Sector KPIs management disclosed
Net Advances
Net Advances stood at Rs.253626 crore, growing by 16% YoY and 6% QoQ.
Total Deposits
Total Deposits reached Rs.347163 crore, growing by 12% YoY.
Net Interest Income (NII)
NII grew by 17% YoY and 20% QoQ to Rs.3851 crore.
Net Interest Margin (NIM)
NIM was 4.15%, increasing by 15 bps YoY and 63 bps QoQ. Core NIM stood at 3.34%.
Management forward view
Business Growth Target
Management aims to achieve business growth of 12% to 13%.
Profitability & Efficiency Targets
Management targets RoA above 1.50%, RoE above 15%, NIM above 3%, CASA ratio above 42%, and cost to income ratio below 50%.
Asset Quality Targets
Management aims to bring GNPA below 3%, maintain Net NPA below 0.50%, PCR above 90%, and credit cost/net slippages below 0.40%/1.00% respectively.
Strategic Focus
Management plans tie-ups with Fintechs for personal and education loan sourcing and a technology-driven approach for operational excellence.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| PAT Growth (YoY) | -5% | Reversal of YoY decline and sustained growth, indicating improved core profitability. |
| Recovery from W/O cases | Rs.371 crore (Q4 FY26), -66% YoY | Stabilization or improvement in recoveries to support other income and overall profitability. |
| Net Interest Margin (NIM) | 4.15% (Q4 FY26) | Maintenance of NIM above 3% and further expansion, especially core NIM, to drive NII growth. |
| GNPA Ratio | 2.32% (Q4 FY26) | Continued reduction towards the management target of below 3%. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 89th percentile within Financial Services. Main check: financial discipline is weak at 56/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
63 docs text-extracted · 10 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Financial Services: 89th pctile, median 62 · Small: 83rd pctile, median 66
Evidence depth
Financial-only
63 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
56
watch · capital discipline
Results
60
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 94.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 20.1%.
- ▸5 years of positive FCF.
Trust risks
- ▸ROCE is low at 5.9%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching IDBI Bank Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances 10 Sep - IDBI Bank received strike notice for September 11, 2026 from UFBU and AIBOA.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances 25 Sep - IDBI Bank received strike notice for September 28-30, 2026 from UFBU and AIBOA.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 19 Sep - India Ratings affirmed IDBI Bank FD rating at IND AA/Stable and CDs at IND A1+.
Source: Bse
Credit ratingAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 29 Aug - ICRA reaffirmed IDBI Bank ratings: AA Stable on long-term debt, A1+ on CDs, August 28, 2026.
Source: Bse
Credit ratingAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 21 Aug - CRISIL reaffirmed IDBI Bank ratings at AA+/AA/Stable and A1+ on August 20, 2026.
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Company Ir
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Jul - IDBI Bank approved Q1 FY27 results; net profit rose 5% to ₹2,115 crore on July 18, 2026.
Source: Bse
Annual reportJul 2026
Jul 2026 · Intimation Under Reg 30 Of SEBI (LODR) Reg, 2015 25 Jun - IDBI Bank's 22nd AGM is on July 21, 2026; annual report shared and shareholders asked to update KYC.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jun - Notice given to shareholders by advertisement regarding opening of special window for transfer and dematerilization of physical securities and intiative under IEPF second 100 days …
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Jul - Attached herewith the Newspaper Publication pursuant to Un-audited financial results of the Bank for quarter ended June 30, 2026. Kindly acknowledge.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Change in Directorate 19 May - IDBI Bank reappointed Jayakumar S. Pillai as DMD for one year from June 12, 2026.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.