Indbank Merchant Banking Services Ltd. | Small-cap | Financial Services
₹32.76
-0.33%
| Indbank Merchant Stock Comparison:
Indbank Merchant vs Motilal OswalIndbank Merchant vs Authum InvestmentIndbank Merchant vs Share IndiaIndbank Merchant vs Shalimar AgenciesIndbank Merchant vs Monarch NetworthIndbank Merchant vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 63.3M
Gross Profit 36.1M 57.03%
Operating Income 25.3M 39.90%
Net Income 21.4M 33.77%
EPS (Diluted) ₹0.48

Balance Sheet Metrics

Total Assets 1.2B
Total Liabilities 264.4M
Shareholders Equity 916.5M
Debt to Equity 0.29

Cash Flow Metrics

Revenue & Profitability Trend

Indbank Merchant Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i201.1M195.9M160.9M176.7M120.1M
Cost of Goods Sold i105.5M88.1M77.9M68.9M55.9M
Gross Profit i95.6M107.8M83.0M107.9M64.2M
Gross Margin % i47.5%55.0%51.6%61.0%53.4%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i-11.3M12.6M9.6M3.9M
Other Operating Expenses i39.5M15.4M27.1M-25.0M-30.1M
Total Operating Expenses i39.5M26.7M39.7M-15.4M-26.2M
Operating Income i51.7M74.0M27.3M111.0M76.0M
Operating Margin % i25.7%37.8%17.0%62.8%63.3%
Non-Operating Items
Interest Income i62.7M41.5M31.9M28.0M28.8M
Interest Expense i1.2M715.0K8.9M15.3M15.0M
Other Non-Operating Income-----
Pre-tax Income i115.0M116.5M50.9M85.5M48.8M
Income Tax i30.4M36.1M23.5M15.9M8.3M
Effective Tax Rate % i26.4%31.0%46.3%18.6%16.9%
Net Income i84.6M90.0M35.0M69.6M40.6M
Net Margin % i42.1%45.9%21.8%39.4%33.8%
Key Metrics
EBITDA i121.3M121.1M63.5M141.2M107.9M
EPS (Basic) i₹1.91₹2.03₹0.79₹1.57₹0.91
EPS (Diluted) i₹1.91₹2.03₹0.79₹1.57₹0.91
Basic Shares Outstanding i4431047144378200443782004437820044378200
Diluted Shares Outstanding i4431047144378200443782004437820044378200

Income Statement Trend

Indbank Merchant Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i11.5M6.3M48.2M93.2M97.1M
Short-term Investments i856.7M721.6M285.6M68.8M120.6M
Accounts Receivable i59.6M45.8M41.2M33.7M32.1M
Inventory i00-00
Other Current Assets-8.3M9.1M292.0K2.6M
Total Current Assets i1.0B891.0M486.0M393.4M452.5M
Non-Current Assets
Property, Plant & Equipment i5.3M6.9M8.2M8.7M4.1M
Goodwill i936.0K499.0K773.0K1.1M1.5M
Intangible Assets i936.0K499.0K773.0K1.1M1.5M
Long-term Investments-----
Other Non-Current Assets28.2M16.2M15.3M-1133.8M
Total Non-Current Assets i136.7M172.4M487.8M553.6M389.3M
Total Assets i1.2B1.1B973.8M947.0M841.9M
Liabilities
Current Liabilities
Accounts Payable i0005.8M0
Short-term Debt i-027.9M00
Current Portion of Long-term Debt-----
Other Current Liabilities--170.5M166.8M161.1M
Total Current Liabilities i8.9M214.3M214.2M235.6M199.1M
Non-Current Liabilities
Long-term Debt i62.0K0000
Deferred Tax Liabilities i00000
Other Non-Current Liabilities6.1M1.6M1.5M--1.0K
Total Non-Current Liabilities i255.5M15.4M14.6M00
Total Liabilities i264.4M229.7M228.8M235.6M199.1M
Equity
Common Stock i443.8M443.8M443.8M443.8M443.8M
Retained Earnings i-389.9M301.3M271.0M201.4M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i916.5M833.7M745.1M711.3M642.8M
Key Metrics
Total Debt i62.0K027.9M00
Working Capital i1.0B676.7M271.8M157.7M253.5M

Balance Sheet Composition

Indbank Merchant Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i115.0M116.5M50.9M85.5M40.7M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i-88.7M-93.3M-117.7M-91.9M15.9M
Operating Cash Flow i23.3M23.9M-58.0M8.7M71.9M
Investing Activities
Capital Expenditures i-2.5M-1.5M-917.0K-6.7M-2.0M
Acquisitions i-----
Investment Purchases i-19.6M-1.4M-21.0M-13.2M-82.4M
Investment Sales i27.5M934.0K11.6M9.9M-
Investing Cash Flow i5.5M-1.9M-10.4M-10.0M-84.5M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i-----27.0K
Financing Cash Flow i---27.5K105.2K
Free Cash Flow i-1.7M-13.2M-53.9M-1.1M79.2M
Net Change in Cash i28.8M22.0M-68.4M-1.2M-12.5M

Cash Flow Trend

Indbank Merchant Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 18.69
Price to Book 1.56
Price to Sales 5.70
PEG Ratio -0.75

Profitability Ratios

Profit Margin 30.30%
Operating Margin 42.09%
Return on Equity 9.23%
Return on Assets 7.17%

Financial Health

Current Ratio 117.24
Debt to Equity 0.01
Beta -0.21

Per Share Data

EPS (TTM) ₹1.75
Book Value per Share ₹20.94
Revenue per Share ₹5.77

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
indbank1.5B18.691.569.23%30.30%0.01
Motilal Oswal 561.2B20.475.0322.47%37.00%138.95
Authum Investment 558.3B13.593.7728.87%93.88%7.18
Share India 31.8B10.521.6613.95%24.50%22.79
Shalimar Agencies 29.6B553.1425.9310.13%5.31%64.93
Monarch Networth 27.1B16.853.2718.73%47.16%1.16

Financial data is updated regularly. All figures are in the company's reporting currency.