A public sector commercial bank serving over 46 million customers through 3,522 domestic branches, 3,691 ATMs and 13,401 business correspondents, with a presence in Singapore, Hong Kong, Thailand and Sri Lanka. Revenue is earned primarily through net interest income on its advances book funded by deposits, alongside fee income and treasury trading gains. Retail Banking is the largest revenue segment at 42.6% of segment revenue (₹10,424.42 crore), followed by Corporate/Wholesale Banking at 31.1% (₹7,612.15 crore) and Treasury Operations at 23.2% (₹5,670.89 crore), which earns from the bank's investment portfolio in government securities and bonds. The bank also runs an international business spanning FCNR deposits (target USD 600-650 million by September 2026) and a GIFT City branch targeting a USD 500 million book by FY27-end. Asset quality has tightened sharply — gross NPAs at 1.33% and net NPAs at 0.18% — with capital adequacy at 19.36% versus an 11.50% regulatory minimum. The largest cost driver is interest paid on deposits, and the cost-to-income ratio rose to about 54% in Q1 FY27 from 44% on higher staff expenses. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail Banking (43%), Corporate / Wholesale Banking (31%), Treasury Operations (23%), Other Banking Operations (2%), Unallocated (1%). Public sector retail-tilted commercial bank with international branches and an active treasury book.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 1,709 | 2,104 | 2,666 | 3,396 | 5,418 |
| EPS, as reported (₹) | 0.92 | 0.00 | 1.40 | 1.79 | 2.81 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 5,539 | (15,584) | (1,119) | 2,840 | 4,780 |
| Capex | — | — | — | — | — |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 984 | 1,239 | 1,595 | 1,515 | 1,729 | 1,367 | 1,659 | 1,859 |
| Net profit | 780 | 875 | 1,092 | 1,112 | 1,228 | 1,365 | 1,505 | 1,659 |
| EPS (₹) | 0.42 | 0.46 | 0.58 | 0.61 | 0.65 | 0.71 | 0.81 | 0.89 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| STATE BANK OF INDIA | 9,19,091 | 10.7 | — | — | — | — | — | — |
| UNION BANK OF INDIA | 1,35,955 | 6.6 | — | — | — | — | — | — |
| PUNJAB NATIONAL BANK | 1,34,180 | 6.1 | — | — | — | — | — | — |
| BANK OF BARODA | 1,23,295 | 6.8 | — | — | — | — | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 13 Aug 2026 · IOB raises MCLR by 5 bps across 3-month to 3-year tenors, effective Aug 15 | business updates | low | — | — |
| 31 Jul 2026 · CARE upgrades IOB Tier II Bonds to AA+ with Stable outlook | credit debt | high | — | — |
| 24 Jul 2026 · IOB Q1 FY27 earnings call: net profit up 49 percent YoY to INR 1,659 cr | investor communications | medium | — | — |
| 21 Jul 2026 · Indian Overseas Bank has informed the Exchange about Copy of Newspaper Publication of financial results for the quarter ended 30.06.2026 | compliance | minimal | — | — |
| 21 Jul 2026 · Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 | compliance | minimal | — | — |
| 20 Jul 2026 · IOB shares audio recording of Q1 FY27 analyst meet | investor communications | low | — | — |
| 20 Jul 2026 · IOB Q1 FY27: Net profit up 49% YoY at Rs 1,659 Cr, GNPA improves to 1.33% | investor communications | medium | — | — |
| 20 Jul 2026 · IOB Q1 FY27 net profit up 49% at Rs 1,659 cr, NPAs fall to historic low | compliance | high | — | — |
| 20 Jul 2026 · NIL Security Cover Certificate filed as on June 30, 2026 | compliance | minimal | — | — |
| 20 Jul 2026 · Indian Overseas Bank files NIL deviation report for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|
| INDIAN BANK |
| 1,14,963 |
| 9.0 |
| — |
| — |
| — |
| — |
| — |
| — |
| CANARA BANK | 1,12,476 | 5.7 | — | — | — | — | — | — |
| BANK OF MAHARASHTRA | 64,763 | 8.6 | — | — | — | — | — | — |
| INDIAN OVERSEAS BANK ◆ | 63,759 | 10.8 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.8 | 7.7 | 10 of 12 | 18% |
| Profit growth | 49.3 | 28.3 | 4 of 12 | 73% |
| Market cap | 63759 | 88620 | 8 of 12 | 36% |
| 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 |
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.
