Indusind Bank Stock Price Analysis and Quick Research Report. Is Indusind Bank an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Indusind Bank stock price today is Rs 816.85. Let’s look at how Indusind Bank is performing and if it is the right time to buy the stock of Indusind Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Indusind Bank has earned Rs 45748.2137 Cr. revenue in the latest financial year. Indusind Bank has posted outstanding revenue growth of 16.4105664942686 % in last 3 Years.

• In terms of advances, Indusind Bank reported 18.4099 % YOY,  rise . If you see 3 years advance growth, it stands at 17.3201419430467 %.

• Currently, Indusind Bank has a CASA ratio of 37.9094 %. It’s overall cost of liability stands at 5.8122 %. Also, the total deposits of Indusind Bank from these accounts stood at Rs 384792.9167 Cr.

• Indusind Bank has a healthy ROA track record. The ROA of Indusind Bank is at 1.8401 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.92 % and 0.57 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -15.3359125957358 % which means it has decreased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Indusind Bank surged and is currently at Rs 9387.8427 Cr.

• Indusind Bank has a Good Capital Adequacy Ratio of 17.23 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Indusind Bank is trading at a P/B of 0.9908 . The historical average PB of Indusind Bank was 1.48662688020386.

• Share Price: - The current share price of Indusind Bank is Rs 816.85. One can use valuation calculators of ticker to know if Indusind Bank share price is undervalued or overvalued.