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IOB

39.55-2.22%

Market Cap
₹77,161.16 Cr
Stock P/E
17.52
ROCE
10.28%
ROE
12.65%
Book Value
₹16.02

Financials

YoY Net Sales
EPS Growth
Operating Margin

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No recent news available for this stock.

Shareholding

Holdings
Distribution
Promoter
Foreign Investors
Domestic Investors
Public

From Last Concall

POSITIVES
  • Total deposit growth and loan growth show robust momentum: deposits up 9.11% YoY to INR 3,11,939 crores and gross advances up 14.15% YoY to INR 2,50,019 crores.
  • Profitability momentum is improving, with net profit up 25.56% YoY to INR 3,335 crores.
NEGATIVES
  • MTNL-related slippages elevated quarterly slippages: MTNL became NPA (INR 2,332 crores) driving total slippages to INR 3,568 crores in Q4.
  • Significant disputed tax liability remains despite partial relief; management emphasizes transitions via appeals with hope of non-crystallization.

Peers Summary

Sector Leader

Indian Overseas Bank holds a competitive position among its peers in terms of revenue growth and profitability metrics, though it has a relatively higher valuation compared to its immediate peers. Companies like State Bank of India and Bank of Baroda exhibit strong profitability metrics, while others like Union Bank of India and Canara Bank present attractive valuation opportunities due to their lower PE ratios and solid growth.

Key Points
  • Indian Overseas Bank shows growth in revenue and EPS but has a higher PE ratio compared to peers.
  • State Bank of India leads in ROE and profitability, showing strong earnings relative to its equity.
  • Union Bank of India and Canara Bank are attractive value picks due to low PE ratios and solid margins.
Top Performers
State Bank Of India

Leads in ROE (18.97) and profitability with strong margins and balanced debt levels.

Bank Of Baroda

Excellent valuation metrics with low PE (6.17) and solid profitability.

Union Bank Of India

Strong ROE (16.68) and very favorable valuation metrics (PE of 5.31).

Leveling the playing field in markets.

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"Information provided is for educational purposes only and not financial advice.