Indbank Merchant Banking Services quarterly results

·Banking & FinanceChart ›
Q2 FY27 · Jul–Sep 2026
₹ croreQ2 FY27Q2 FY26Change
Revenue6.46.3+1.3%
EBITDA2.32.6−14.1%
EBITDA margin35.8%42.2%−6.4 pts
Profit before tax2.22.5−11.6%
Net profit1.61.9−13.0%
EPS₹0.36₹0.42−14.3%

Every quarter

₹ crore except per share
Tap a line for its trendQ2 FY27Sep 2026Q1 FY27Jun 2026Q4 FY26Mar 2026Q3 FY26Dec 2025Q2 FY26Sep 2025Q1 FY26Jun 2025Q4 FY25Mar 2025Q3 FY25Dec 2024Q2 FY25Sep 2024Q1 FY25Jun 2024Q4 FY24Mar 2024Q3 FY24Dec 2023Earlier quartersAlpha Plus
6.46.95.96.36.36.75.35.68.17.76.96.6
Earlier quartersEvery year the company has filed comes with Alpha Plus.
0.00.00.00.00.00.00.00.00.00.00.00.0
6.46.95.96.36.36.75.35.78.17.76.96.6
Expenses
2.52.42.62.02.32.42.32.22.22.32.52.0
0.00.00.00.00.10.10.00.10.00.00.00.0
0.10.10.10.10.10.10.10.10.10.10.10.1
1.21.01.31.11.01.01.20.90.91.00.80.7
4.23.84.13.73.83.93.83.83.84.03.73.3
2.33.21.82.72.62.91.72.04.53.83.33.4
2.23.11.82.62.62.91.61.94.43.73.23.3
Profit
2.23.11.82.62.52.81.51.94.43.73.23.3
2.23.11.82.62.52.81.51.94.43.73.23.3
0.70.80.50.70.70.70.30.81.10.90.70.8
−0.1−0.10.1−0.0−0.0−0.00.1−0.1−0.0−0.11.0−0.1
0.60.70.70.70.70.60.40.71.10.91.70.7
1.62.41.21.91.92.11.11.23.32.92.52.6
1.62.41.11.91.92.11.11.23.32.91.52.6
0.00.00.10.00.00.00.00.00.00.01.00.0
0.1−0.00.1−0.0−0.0−0.0−0.1−0.0−0.0−0.0−0.0−0.0
1.72.41.31.91.82.11.11.13.32.82.52.5
Per share
₹0.36₹0.54₹0.27₹0.43₹0.42₹0.48₹0.26₹0.26₹0.74₹0.64₹0.56₹0.58
₹0.36₹0.54₹0.27₹0.43₹0.42₹0.48₹0.26₹0.26₹0.74₹0.64₹0.56₹0.58
Revenue detail — as filed
0.00.00.00.00.00.00.1—0.10.10.10.1
0.00.00.00.00.00.00.0—0.00.00.00.0
4.74.94.64.54.54.63.7—6.26.05.55.1
−0.10.3−0.50.1−0.00.3−0.1—0.20.30.20.5
Expense detail — as filed
0.40.30.30.40.30.40.2—0.50.50.40.3
0.00.1−0.10.10.00.0−0.0—0.00.1−0.10.2
Continuing & discontinued operations
0.00.00.10.00.00.00.00.00.00.01.00.0
Other comprehensive income — detail
0.1−0.00.1−0.0−0.0−0.0−0.1—−0.0−0.0−0.0−0.0
0.1−0.00.1−0.0−0.0−0.0—−0.0—−0.0−0.0−0.0
——————−0.1—−0.0———
Per share — as-filed variants
₹0.36₹0.54₹0.27₹0.43₹0.42₹0.48₹0.26₹0.26₹0.74₹0.64₹0.56₹0.58
₹0.36₹0.54₹0.27₹0.43₹0.42₹0.48₹0.26₹0.26₹0.74₹0.64₹0.56₹0.58
Regulatory disclosures — filed alongside, not part of the P&L
0.2—1.6—1.6—1.4—————
Adjusted (ex-exceptional items) — derived
2.23.11.82.62.52.81.51.94.43.73.23.3
1.62.41.21.91.92.11.11.23.32.92.52.6
₹0.36₹0.54₹0.27₹0.43₹0.42₹0.48₹0.26₹0.26₹0.74₹0.64₹0.56₹0.58
Open the chart

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

INDBANK₹24.20

Indbank Merchant Banking Services Limited

· Banking & Finance
AnnualQuarterly₹ CrorePeersKEYFINSERVINVENTUREIVCALMONDZKHANDSEINDOTHAIEMKAYBIRLAMONEYMcap ₹107 Cr
View
In ₹ Crore except Per Share
3 Months Ending
Q3 FY24
31/12/2023
Q4 FY24
31/03/2024
Q1 FY25
30/06/2024
Q2 FY25
30/09/2024
Q3 FY25
31/12/2024
Q4 FY25
31/03/2025
Q1 FY26
30/06/2025
Q2 FY26
30/09/2025
Q3 FY26
31/12/2025
Q4 FY26
31/03/2026
Q1 FY27
30/06/2026
Q2 FY27
30/09/2026
Revenue from Operations6.66.97.78.15.65.36.76.36.35.96.96.4
Other Income0.00.00.00.00.00.00.00.00.00.00.00.0
Total Income6.66.97.78.15.75.36.76.36.35.96.96.4
Expenses
+ Employee Benefit Expense2.02.52.32.22.22.32.42.32.02.62.42.5
+ Finance Costs0.00.00.00.00.10.00.10.10.00.00.00.0
+ Depreciation & Amortisation0.10.10.10.10.10.10.10.10.10.10.10.1
+ Other Expenses0.70.81.00.90.91.21.01.01.11.31.01.2
Total Expenses3.33.74.03.83.83.83.93.83.74.13.84.2
EBITDA3.43.33.84.52.01.72.92.62.71.83.22.3
EBIT3.33.23.74.41.91.62.92.62.61.83.12.2
Profit
PBT before Exceptional Items3.33.23.74.41.91.52.82.52.61.83.12.2
Pretax Income3.33.23.74.41.91.52.82.52.61.83.12.2
+ Current Tax0.80.70.91.10.80.30.70.70.70.50.80.7
+ Deferred Tax-0.11.0-0.1-0.0-0.10.1-0.0-0.0-0.00.1-0.1-0.1
Tax Expense0.71.70.91.10.70.40.60.70.70.70.70.6
Net Income2.62.52.93.31.21.12.11.91.91.22.41.6
+ Net Income — Continuing Ops2.61.52.93.31.21.12.11.91.91.12.41.6
+ Net Income — Discontinued Ops0.01.00.00.00.00.00.00.00.00.10.00.0
+ Other Comprehensive Income-0.0-0.0-0.0-0.0-0.0-0.1-0.0-0.0-0.00.1-0.00.1
Total Comprehensive Income2.52.52.83.31.11.12.11.81.91.32.41.7
Per Share
Basic EPS0.580.560.640.740.260.260.480.420.430.270.540.36
Diluted EPS0.580.560.640.740.260.260.480.420.430.270.540.36
Revenue Detail — as filed
+ Rental Income0.10.10.10.1—0.10.00.00.00.00.00.0
+ Dividend Income0.00.00.00.0—0.00.00.00.00.00.00.0
+ Fees & Commission Income5.15.56.06.2—3.74.64.54.54.64.94.7
+ Net Gain on Fair Value Changes0.50.20.30.2—-0.10.3-0.00.1-0.50.3-0.1
Expense Detail — as filed
+ Fees & Commission Expense0.30.40.50.5—0.20.40.30.40.30.30.4
+ Impairment on Financial Instruments0.2-0.10.10.0—-0.00.00.00.1-0.10.10.0
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax0.01.00.00.00.00.00.00.00.00.10.00.0
Other Comprehensive Income — detail
+ Other Comprehensive Income-0.0-0.0-0.0-0.0—-0.1-0.0-0.0-0.00.1-0.00.1
+ Items NOT to be Reclassified to P&L-0.0-0.0-0.0—-0.0—-0.0-0.0-0.00.1-0.00.1
+ Items to be Reclassified to P&L———-0.0—-0.1——————
Per Share — as-filed variants
Basic EPS — Continuing Operations0.580.560.640.740.260.260.480.420.430.270.540.36
Diluted EPS — Continuing Operations0.580.560.640.740.260.260.480.420.430.270.540.36
Regulatory Disclosures — filed alongside, not part of the P&L
Related-party Transactions — During the Period—————1.4—1.6—1.6—0.2
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)3.33.23.74.41.91.52.82.52.61.83.12.2
Net Income Adj (tax-effected)2.62.52.93.31.21.12.11.91.91.22.41.6
EPS Adj0.580.560.640.740.260.260.480.420.430.270.540.36
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value10.0010.0010.0010.0010.00—10.0010.0010.0010.0010.0010.00
Interest Earned1.01.11.41.7—1.71.71.81.61.71.61.7
Paid Up Equity Capital44.444.444.444.444.444.444.444.444.444.444.444.4
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: Q2 FY27 · 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%.

Indbank Merchant Banking Services Q2 FY27 results (July–September 2026)

Filed with NSE on Friday, 9 October 2026 at 8:37 pm IST

Indbank Merchant Banking Services (NSE: INDBANK) reported its Q2 FY27 results (July–September 2026) on Friday, 9 October 2026 at 8:37 pm IST. Consolidated net profit was ₹1.6 crore, down 13.0% from ₹1.9 crore in Q2 FY26 and down 32.0% from ₹2.4 crore in Q1 FY27. Revenue from operations was ₹6.4 crore, up 1.3% year on year and down 7.9% from the previous quarter.

Q2 FY26 results (a year earlier)
13 October 2025
Q3 FY27 results due by
14 February 2027

Q2 FY27 at a glance · consolidated

Net profit
₹1.6 Cr−13.0% vs Q2 FY26−32.0% vs Q1 FY27
Revenue from operations
₹6.4 Cr+1.3% vs Q2 FY26−7.9% vs Q1 FY27
Operating margin (EBIT)
34.7%−6.6 pts vs Q2 FY26−10.1 pts vs Q1 FY27EBIT ₹2.2 Cr
EBITDA
₹2.3 Cr−14.1% vs Q2 FY26−27.9% vs Q1 FY27margin 35.8%
Earnings per share (basic)
₹0.36−14.3% vs Q2 FY26−33.3% vs Q1 FY27
Net profit margin
25.4%−4.2 pts vs Q2 FY26−9.0 pts vs Q1 FY27

Questions

What was Indbank Merchant Banking Services' net profit in Q2 FY27?

Consolidated net profit was ₹1.6 crore, down 13.0% from ₹1.9 crore in Q2 FY26 and down 32.0% from ₹2.4 crore in Q1 FY27.

What was Indbank Merchant Banking Services' revenue in Q2 FY27?

Revenue from operations was ₹6.4 crore, up 1.3% year on year and down 7.9% from the previous quarter.

What was Indbank Merchant Banking Services' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹2.2 crore, a margin of 34.7%, against 44.8% in Q1 FY27 and 41.3% in Q2 FY26. EBITDA was ₹2.3 crore, 35.8% of revenue.

How were Indbank Merchant Banking Services' Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 1.3% at ₹6.4 crore, and net profit was down 13.0% at ₹1.6 crore. The operating margin was 34.7%, down 6.6 percentage points from 41.3% a year earlier. Against Q1 FY27, net profit was down 32.0% and revenue down 7.9%.

How has Indbank Merchant Banking Services' profit changed over the last four quarters?

Net profit by quarter: ₹1.9 crore in Q3 FY26, ₹1.2 crore in Q4 FY26, ₹2.4 crore in Q1 FY27 and ₹1.6 crore in Q2 FY27. That is ₹7.1 crore over the four quarters, up 12.9% from ₹6.3 crore in the four quarters before. Revenue from operations: ₹6.3 crore, ₹5.9 crore, ₹6.9 crore and ₹6.4 crore.

When will Indbank Merchant Banking Services announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

What was Indbank Merchant Banking Services' EPS in Q2 FY27?

Basic earnings per share were ₹0.36, against ₹0.42 in Q2 FY26.

What was Indbank Merchant Banking Services' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹4 crore, down 0.1% from ₹4 crore in the same months a year earlier. Revenue from operations was ₹13.3 crore, up 2.3%.

When did Indbank Merchant Banking Services announce its Q2 FY27 results?

On Friday, 9 October 2026 at 8:37 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 13 October 2025.

What is Indbank Merchant Banking Services' net profit margin?

Indbank Merchant Banking Services' net profit margin was 25.4% in Q2 FY27 (net profit as a share of revenue from operations), against 29.6% in Q2 FY26 (down 4.2 percentage points). For FY26 as a whole it was 28.4%.

What was Indbank Merchant Banking Services' net profit in FY26?

Consolidated net profit was ₹7.1 crore in FY26 (April 2025–March 2026), down 15.8% from ₹8.5 crore in FY25. It was ₹9 crore in FY24 and ₹3.5 crore in FY23: up 103.4% over three years, 26.7% a year on average.

What was Indbank Merchant Banking Services' revenue in FY26?

Revenue from operations was ₹25.1 crore in FY26 (April 2025–March 2026), down 6.2% from ₹26.8 crore in FY25. It was ₹24.9 crore in FY24 and ₹18.3 crore in FY23: up 37.5% over three years, 11.2% a year on average.

Where do these Indbank Merchant Banking Services figures come from?

From Indbank Merchant Banking Services' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 9 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.