NSE: IDBI · BSE: 500116
IDBI BANK LIMITED
Takes deposits from the public and lends across retail, corporate/wholesale and treasury operations in India. In the period ending 31 December 2024, Retail Banking contributed 56.9% of segment revenue at Rs 24,699.52 crore, the largest share, reflecting lending to individuals, small businesses and housing. Treasury operations (investments in government securities and trading book) brought in 25.0% at Rs 10,844.46 crore and delivered the highest segment EBIT at Rs 3,178.64 crore. Corporate/Wholesale Banking contributed 15.4% at Rs 6,700.98 crore with EBIT of Rs 475.01 crore. Total assets stood at Rs 4,67,386.11 crore as of FY26, and FY26 net profit was Rs 9,211.46 crore. The largest input cost is the interest paid on deposits — cost of deposits was 4.59% in Q1 FY27. Net advances grew 22% year-on-year to Rs 2,59,025 crore in Q1 FY27, with deposits at Rs 3,25,393 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail Banking (57%), Treasury (25%), Corporate/Wholesale Banking (15%), Other Banking Operations (1%), Unallocated (2%). Diversified commercial bank with retail, wholesale and treasury operations; cyclical with credit quality risk.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 2,534 | 3,706 | 5,788 | 7,631 | 9,210 |
| EPS, as reported (₹) | 2.36 | 3.45 | 5.38 | 7.10 | 8.57 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (5,816) | (2,601) | (1,226) | 25,796 | 16,762 |
| Capex | — | — | — | — | — |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 2,470 | 2,664 | 2,991 | 2,557 | 3,797 | 2,489 | 2,816 | 2,829 |
| Net profit | 1,849 | 1,929 | 2,072 | 2,024 | 3,241 | 1,959 | 1,987 | 2,131 |
| EPS (₹) | 1.73 | 1.81 | 1.94 | 1.88 | 3.00 | 1.82 | 1.87 | 1.98 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| HDFC BANK LTD | 10,55,451 | 13.3 | — | — | — | — | — | — |
| ICICI BANK LTD. | 9,88,387 | 17.6 | — | — | — | — | — | — |
| KOTAK MAHINDRA BANK LTD | 4,39,694 | 11.5 | — | — | — | — | — | — |
| AXIS BANK LIMITED | 3,78,522 | 13.6 | — | — | — | — | — | — |
| FEDERAL BANK LTD | 85,395 | 18.2 | — | — | — | — | — | — |
| IDBI BANK LIMITED ◆ | 83,342 | 8.9 | — | — | — | — | — | — |
| INDUSIND BANK LIMITED | 66,304 | 50.1 | — | — | — | — | — | — |
| IDFC FIRST BANK LIMITED | 63,344 | 28.3 | — | — | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.9 | 12.3 | 6 of 20 | 74% |
| Profit growth | 5.3 | 29.5 | 19 of 20 | 5% |
| Market cap | 83342 | 41392 | 6 of 20 | 74% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · ICRA places IDBI Bank's long-term AA rating on developing watch | credit debt | high | — | — |
| 24 Oct 2026 · CRISIL places IDBI Bank debt on Watch Positive | credit debt | medium | — | — |
| 19 Oct 2026 · IDBI Bank submits Q2 FY26 unaudited results newspaper ads to BSE, NSE | compliance | minimal | — | — |
| 17 Oct 2026 · IDBI Bank Q2 FY27: Operating Profit up 33% QoQ to Rs 2,893 Cr | compliance | low | — | — |
| 17 Oct 2026 · IDBI Bank H1 FY27 net profit up 33% YoY at Rs 4,321 cr | results | high | — | — |
| 15 Oct 2026 · IDBI Bank clarifies on Fairfax stake sale approval | strategic transactions | critical | — | — |
| 14 Oct 2026 · Govt cleared sale of 60.72 percent in IDBI Bank to Fairfax for Rs 52,878 Cr | strategic transactions | critical | — | — |
| 14 Oct 2026 · BSE seeks clarification from IDBI Bank on Cabinet approval news | regulatory legal | high | — | — |
| 12 Oct 2026 · Board meeting on Oct 17, 2026 to approve Q2 FY26-27 results | results | low | — | — |
| 3 Oct 2026 · IDBI Bank Q2 FY27 provisional business update shows 18% YoY growth | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.