IndusInd Bank Limited (INDUSINDBK) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of IndusInd Bank Limited stock ₹517, price ₹910, that is 43.2% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
IndusInd Bank Limited
INDUSINDBK · NSEOur calculation puts a fair price 43% below what the stock costs today.
Risks from the AI analysis
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ₹636.02 – ₹1,668 · fair‑value band ₹496.37 – ₹553.39 · the ₹910.25 price screens above the ₹517.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Every Wednesday you see whether IndusInd Bank is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
IndusInd Bank Limited provides various banking products and financial services to individuals, corporations, government entities, and public sector undertakings in India. It operates in four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
Show moreShow less
The company offers savings, salary, RFC, and uniformed personnel accounts; current accounts comprising smart, everyday, premium, trade, startup, and specialized accounts; fixed, recurring, sweep in/out, senior citizen fixed, NRE and NRO fixed, FCNR, and term deposits; vehicle, used and new car, two wheeler, home, gold, agri, personal, doctor professional, medical equipment, term, quick business, SME, and MSME loans; loans against property and securities; loans on credit card; and microfinance, working capital, and trade and export finance.
It also provides debit, credit, prepaid, commercial, forex, duo, corporate, and business cards; life, health, and general insurance; safe deposit lockers; payment and financial inclusion products; foreign exchange services, including inward and outward remittances, and online forex portals; digital banking; and online vehicle auction services.
In addition, the company offers mutual funds; bill payment; money transfer; NRI services; merchant solutions comprising POS terminal, payment gateway, digital rupee, and QR; transaction banking services, including trade finance, cash management, and tax payment; supply chain finance solutions, including supplier/vendor finance, channel finance, and receivable finance/factoring solutions; investment banking services consisting of debt syndication, debt and private equity fund-raising advisory, and M&A advisory; foreign exchange advisory; derivatives, such as currency, interest rate, and exchange-traded derivatives; debt capital markets, bullions, research, and online platforms; and correspondent and inclusive banking.
IndusInd Bank Limited was incorporated in 1994 and is headquartered in Mumbai, India.
Stock analysis
IndusInd Bank Limited (INDUSINDBK) currently trades at ₹910.25, while our model-based Fair Value estimate is ₹517.37, 43% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ₹664.82 per share, and 1 of the 6 models we run sit above the ₹910.25 price.
Bear case: the Dividend Discount group reads lowest at ₹222.59, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: ₹496.37 (bear) to ₹553.39 (bull), the price of ₹910.25 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
IndusInd Bank Limited reported revenue of ₹535B in FY2026 versus ₹379B in FY2022, a compound +9.0%/yr. Reported net income was ₹8.9B in FY2026, compounding −34.4%/yr from FY2022.
Key figures
Market cap ₹709B (≈ $7.6B) Mid · P/E ratio 23.7 · P/S ratio 3.71 · EPS (TTM) ₹38.45 · Dividend yield 0.2% · Net margin 15.7% · Return on equity 4.5% · Return on assets (EBIT) 1.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −43%, INDUSINDBK screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Compare IndusInd Bank Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EBIT margin by industry
- P/S ratio by industry
- Stock screener with 62 metrics
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs INDUSINDBK |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs INDUSINDBK |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs INDUSINDBK |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs INDUSINDBK |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs INDUSINDBK |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs INDUSINDBK |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs INDUSINDBK |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs INDUSINDBK |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs INDUSINDBK |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs INDUSINDBK |
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is IndusInd Bank Limited (INDUSINDBK) overvalued or undervalued?
What is the fair value of INDUSINDBK?
What is the quality score of INDUSINDBK?
What is the price target for IndusInd Bank Limited (INDUSINDBK)?
What is the IndusInd Bank Limited stock forecast for 2026?
What is the revenue of IndusInd Bank Limited (INDUSINDBK)?
Does IndusInd Bank Limited pay a dividend?
How much is the dividend of IndusInd Bank Limited (INDUSINDBK) and when is the ex-dividend date?
What is the intrinsic value of IndusInd Bank Limited (INDUSINDBK)?
Is IndusInd Bank Limited stock overvalued or undervalued in 2026?
Is fair value the same as the market price of INDUSINDBK?
How much is IndusInd Bank Limited worth?
What do the bullish and bearish scenarios say about INDUSINDBK?
What is the P/E ratio of INDUSINDBK?
What is the PEG ratio of INDUSINDBK?
How solid is the balance sheet of IndusInd Bank Limited (INDUSINDBK)?
How far is INDUSINDBK from its 52-week high?
Which stocks are comparable to IndusInd Bank Limited?
Is IndusInd Bank Limited stock attractive at the current price?
How is the fair value of INDUSINDBK calculated?
Is it still worth investing in stocks now?
What is the share price of IndusInd Bank Limited (INDUSINDBK)?
What should I pay attention to with IndusInd Bank Limited right now?
Where does the earnings growth of IndusInd Bank Limited (INDUSINDBK) come from?
Key figures of IndusInd Bank Limited
How large is the market capitalisation of IndusInd Bank Limited (INDUSINDBK)?
What is the P/S ratio of IndusInd Bank Limited (INDUSINDBK)?
What are the earnings per share of IndusInd Bank Limited (INDUSINDBK)?
What is the dividend yield of IndusInd Bank Limited (INDUSINDBK)?
What is the net margin of IndusInd Bank Limited (INDUSINDBK)?
What is the return on equity of IndusInd Bank Limited (INDUSINDBK)?
What is the EBIT return on assets of IndusInd Bank Limited (INDUSINDBK)?
What is the operating margin of IndusInd Bank Limited (INDUSINDBK)?
How fast is revenue growing at IndusInd Bank Limited (INDUSINDBK)?
How fast are earnings growing at IndusInd Bank Limited (INDUSINDBK)?
How much free cash flow does IndusInd Bank Limited (INDUSINDBK) generate?
How much net cash does IndusInd Bank Limited (INDUSINDBK) hold?
Watch IndusInd Bank Limited in the live analysis
One click puts IndusInd Bank Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.