Indbank Merchant Banking Services profit and loss

Latest FY26

Revenue: ₹25.1cr−6.2% on FY25
EBITDA: ₹10.0cr−16.5% on FY25
Net profit: ₹7.1cr−15.8% on FY25
EPS: ₹1.61−15.7% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Expenses
	25.4	25.1	26.8	24.9	18.3	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	0.1	0.0	0.0	0.0	3.1
	25.5	25.2	26.8	24.9	21.4
	9.5	9.3	9.0	8.4	7.6
	0.1	0.2	0.1	0.1	0.9
	0.3	0.2	0.4	0.4	0.4
	4.6	4.4	3.9	2.8	6.1
	15.8	15.5	15.3	13.3	16.3
	9.9	10.0	12.0	12.1	3.3
	9.7	9.8	11.6	11.7	2.9
Profit
	9.7	9.7	11.5	11.7	5.1
	9.7	9.7	11.5	11.7	5.1
	2.6	2.6	3.2	2.7	0.9
	0.0	0.1	−0.1	0.9	0.7
	2.6	2.6	3.0	3.6	1.6
	7.1	7.1	8.5	9.0	3.5
	7.0	7.0	8.5	8.0	3.5
	0.1	0.1	0.0	1.0	0.0
	0.1	−0.0	−0.2	−0.1	−0.1
	7.3	7.1	8.3	8.9	3.4
Per share
	₹1.60	₹1.61	₹1.91	₹2.03	₹0.79
	₹1.60	₹1.61	₹1.91	₹2.03	₹0.79
Revenue detail — as filed
	0.2	0.2	0.2	0.2	0.0
	0.0	0.0	0.0	0.0	0.0
	18.7	18.2	20.1	19.6	15.9
	−0.2	−0.1	0.2	1.0	−0.9
Expense detail — as filed
	1.3	1.3	1.6	1.5	1.1
	0.1	0.1	0.3	0.2	0.2
Continuing & discontinued operations
	0.1	0.1	0.0	1.0	0.0
Other comprehensive income — detail
	0.1	−0.0	−0.2	−0.1	−0.1
	0.1	−0.0	—	−0.1	−0.1
	—	—	−0.2	—	—
Per share — as-filed variants
	₹1.60	₹1.61	₹1.91	₹2.03	₹0.79
	₹1.60	₹1.61	₹1.91	₹2.03	₹0.79
Adjusted (ex-exceptional items) — derived
	9.7	9.7	11.5	11.7	5.1
	7.1	7.1	8.5	9.0	3.5
	₹1.60	₹1.61	₹1.91	₹2.03	₹0.79

Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

INDBANK₹24.20

Indbank Merchant Banking Services Limited

· Banking & Finance

Annual Quarterly₹ CrorePeersKEYFINSERV INVENTURE IVC ALMONDZ KHANDSE INDOTHAI EMKAY BIRLAMONEYMcap ₹107 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Revenue from Operations	18.3	24.9	26.8	25.1	25.4
Other Income	3.1	0.0	0.0	0.0	0.1
Total Income	21.4	24.9	26.8	25.2	25.5
Expenses
+ Employee Benefit Expense	7.6	8.4	9.0	9.3	9.5
+ Finance Costs	0.9	0.1	0.1	0.2	0.1
+ Depreciation & Amortisation	0.4	0.4	0.4	0.2	0.3
+ Other Expenses	6.1	2.8	3.9	4.4	4.6
Total Expenses	16.3	13.3	15.3	15.5	15.8
EBITDA	3.3	12.1	12.0	10.0	9.9
EBIT	2.9	11.7	11.6	9.8	9.7
Profit
PBT before Exceptional Items	5.1	11.7	11.5	9.7	9.7
Pretax Income	5.1	11.7	11.5	9.7	9.7
+ Current Tax	0.9	2.7	3.2	2.6	2.6
+ Deferred Tax	0.7	0.9	-0.1	0.1	0.0
Tax Expense	1.6	3.6	3.0	2.6	2.6
Net Income	3.5	9.0	8.5	7.1	7.1
+ Net Income — Continuing Ops	3.5	8.0	8.5	7.0	7.0
+ Net Income — Discontinued Ops	0.0	1.0	0.0	0.1	0.1
+ Other Comprehensive Income	-0.1	-0.1	-0.2	-0.0	0.1
Total Comprehensive Income	3.4	8.9	8.3	7.1	7.3
Per Share
Basic EPS	0.79	2.03	1.91	1.61	1.60
Diluted EPS	0.79	2.03	1.91	1.61	1.60
Revenue Detail — as filed
+ Rental Income	0.0	0.2	0.2	0.2	0.2
+ Dividend Income	0.0	0.0	0.0	0.0	0.0
+ Fees & Commission Income	15.9	19.6	20.1	18.2	18.7
+ Net Gain on Fair Value Changes	-0.9	1.0	0.2	-0.1	-0.2
Expense Detail — as filed
+ Fees & Commission Expense	1.1	1.5	1.6	1.3	1.3
+ Impairment on Financial Instruments	0.2	0.2	0.3	0.1	0.1
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	1.0	0.0	0.1	0.1
Other Comprehensive Income — detail
+ Other Comprehensive Income	-0.1	-0.1	-0.2	-0.0	0.1
+ Items NOT to be Reclassified to P&L	-0.1	-0.1	—	-0.0	0.1
+ Items to be Reclassified to P&L	—	—	-0.2	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.79	2.03	1.91	1.61	1.60
Diluted EPS — Continuing Operations	0.79	2.03	1.91	1.61	1.60
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	5.1	11.7	11.5	9.7	9.7
Net Income Adj (tax-effected)	3.5	9.0	8.5	7.1	7.1
EPS Adj	0.79	2.03	1.91	1.61	1.60
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	—	10.00	10.00
Interest Earned	3.2	4.2	6.3	6.8	6.7
Paid Up Equity Capital	44.4	44.4	44.4	44.4	44.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.