Arthneeti

Indian Overseas Bank Q2 FY27 Share Price & Earnings Call Analysis

₹28.74-1.74% today
Market cap
₹55,343 Cr
P/E
9.63
ROE
14.86%
PEG
0.28
Price to sales
1.65
Debt to equity
10.74
52W high / low
₹40.5 / ₹28.7
Sales growth (5Y)
13.46%
EBITDA margin
60.29%
Net profit margin
16.32%
Promoter holding
92.44%
Sales (last year)
₹33,288 Cr

Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969. [1]

Guidance scorecard · Q2 FY27 call

What I O B's management guided
and where it ranks in Banks

#20of 27 in
Banks
Revenue10–20%MarginsFlatCapexPlannedFundraisingPlannedOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • Indian Overseas Bank plans minimum growth of 13% to 14% annually in both assets and liabilities, specifically credit/loan book growth.
  • Historically, the bank has grown around 20% to 22% year-on-year in credit over the last 3 years, indicating potential to exceed the minimum guidance.
  • Management expects credit growth to continue if external conditions remain stable.
  • NII (Net Interest Income) has shown a strong growth of 34.3% YoY, contributing positively to overall profitability.
  • Capital raising of INR 5,000 crores through equity (in Q3/Q4, possibly multiple tranches) and Tier 2 bonds of INR 1,000 crores is planned to support growth.

2 more points from I O B's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what I O B said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Indian Overseas Bank has approved a capital raising plan to raise INR 5,000 crores through equity and INR 1,000 crores via Tier 2 bonds.
  • The equity capital raise is expected to happen in Q3 and Q4 of the financial year, possibly in more than one tranche.
  • The timing and mode (QIP or public offering) will depend on market conditions to satisfy SEBI’s minimum public shareholding requirements.
  • The government currently holds a 92.44% stake and is unlikely to subscribe to the equity raise.

2 more points from I O B's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what I O B said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what I O B said on the order book →

Full Q1 FY27 analysis
Full Banks ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Banks
on management's own guidance

  1. AU Small FinanceGood growth
    2
  2. Canara BankGood growth
    1
  3. RBL BankGood growth
    3
See all potential multibaggersWhere does I O B rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Banks companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Canara Bank20–40%Flat₹1.07L Cr5.3
2AU Small Finance20–40%Flat₹74,341 Cr26.0
3RBL Bank20–40%Flat₹58,716 Cr49.8
420–40%Flat₹13,576 Cr9.4
520–40%Flat₹6,759 Cr8.6
620–40%Flat₹5,337 Cr8.0

Sign up free to see every company in the sector ranking and track I O B.

Pro shows every company guiding 40%+ revenue growth →Full Banks ranking

Financials of I O B

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

I O B

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +96.38%96.38%96.38%96.38%96.38%94.61%94.61%94.61%92.44%92.44%92.44%92.44%
FIIs +0.03%0.05%0.05%0.04%0.02%0.22%0.08%0.31%0.35%0.43%0.47%0.48%
DIIs +1.29%1.29%1.30%1.30%1.30%2.59%2.37%2.30%4.26%4.28%4.29%4.29%
Public +2.28%2.28%2.27%2.29%2.30%2.58%2.94%2.78%2.93%2.85%2.80%2.80%
No. of Shareholders7,27,34810,06,1859,96,5689,77,5929,77,9179,77,86310,08,1289,88,5519,81,8299,68,2989,55,0259,43,961

Financials of I O B

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue +5,8216,1766,6296,5356,8517,1127,6347,3867,8498,1728,4898,7789,201
Interest3,4753,7783,8664,0944,3134,3234,5114,6394,7904,8745,0195,0905,334
Expenses +2,8272,5814,0472,7363,1892,8493,1502,7132,6973,4303,1023,9893,027
Financing Profit-481-183-1,284-295-652-60-2733362-132368-301840
Financing Margin %-8%-3%-19%-5%-10%-1%-0%0%5%-2%4%-3%9%
Other Income +1,1141,2622,4771,0331,6331,2981,5811,4811,3651,4991,2912,1601,227
Depreciation0000000000000
Profit before tax6331,0791,1937389821,2371,5541,5141,7281,3671,6591,8592,066
Tax %1%33%32%14%21%29%32%27%29%0%9%11%7%
Net Profit +6257238086337778741,0511,1111,2261,3651,5051,6591,912
EPS in Rs0.330.380.430.330.410.460.550.580.640.710.780.860.99
Gross NPA %4.74%3.90%3.10%2.89%2.72%2.55%2.14%1.97%1.83%1.54%1.42%1.33%1.19%
Net NPA %0.68%0.62%0.57%0.51%0.47%0.42%0.37%0.32%0.28%0.24%0.21%0.18%0.16%

Financials of I O B

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue +23,93823,51719,71917,91517,63117,40616,96616,73019,40024,05028,13131,89634,640
Interest18,55418,13514,52912,44812,35212,10311,06710,41911,14514,22017,24119,32220,317
Expenses +7,26211,44311,72817,57315,14216,70610,3609,2639,75611,73711,52911,42113,548
Financing Profit-1,878-6,060-6,539-12,106-9,863-11,404-4,461-2,952-1,501-1,908-6391,153775
Financing Margin %-8%-26%-33%-68%-56%-66%-26%-18%-8%-8%-2%4%2%
Other Income +2,1392,5283,3733,7464,2063,3605,5594,9034,1095,6565,5455,6366,177
Depreciation1491962152723043012581722603363945210
Profit before tax111-3,728-3,381-8,632-5,961-8,3448401,7792,3483,4134,5126,2686,952
Tax %508%-22%1%-27%-37%2%1%4%11%22%26%17%
Net Profit +-454-2,897-3,417-6,299-3,738-8,5278311,7102,0992,6563,3355,2086,442
EPS in Rs-3.68-16.03-13.92-12.88-4.09-5.190.510.901.111.401.732.703.34
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of I O B

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital1,2351,8072,4554,8919,14216,43716,43718,90218,90218,90219,25719,25719,257
Reserves14,40613,85911,2908,3837,218-2825084,0986,3619,04013,28418,25921,498
Deposits253,451224,514211,343216,832222,534222,952240,288262,159260,883285,905311,204368,191407,428
Borrowing10,83027,18316,0989,2286,1465,4203,6723,07120,80430,38742,22851,60349,760
Other Liabilities +5,7157,0735,9838,6344,96816,20013,10611,1476,7847,7999,04416,01119,923
Total Liabilities285,637274,437247,167247,968250,008260,727274,010299,377313,734352,034395,017473,320517,866
Fixed Assets +2,4623,2183,0022,8383,3213,1242,9183,3653,7103,7254,5815,0075,028
CWIP455253561631001474670
Investments79,29879,19071,65468,64666,93279,41695,49498,17994,17099,632111,045119,810125,067
Other Assets +203,832191,977172,459176,429179,739178,183175,597197,833215,854248,662279,317348,436387,770
Total Assets285,637274,437247,167247,968250,008260,727274,010299,377313,734352,034395,017473,320517,866

Financials of I O B

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +5,941-3,091-505-1,999-786-14,0234,9495,566-15,595-1,1652,7715,502
Cash from Investing Activity +-164-254-135-110-647-85-46-48-559-359-565-639
Cash from Financing Activity +1136921,6175,4305,7807,2771,813479-12-528310-710
Net Cash Flow5,890-2,6529773,3224,347-6,8316,7165,997-16,166-2,0522,5164,152
Free Cash Flow5,783-3,345-640-2,108-1,433-14,1084,9035,518-16,155-1,5252,2054,863

Financials of I O B

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %-3%-19%-23%-47%-26%-52%5%9%9%10%11%15%

Guidance history

How I O B's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlannedPlanned—
Q4 FY26 call →10–20%FlatPlannedPlanned—
Q3 FY26 call →20–40%FlatPlannedPlanned—
Q2 FY26 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

14out of 100

Momentum score · price trend

14 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−28.2%27%
Last 6 months−17.9%25%
Last 3 months−15.2%33%

The price is 85.8% below its all-time high of ₹202.05 (4 Jan 2008). Stocks more than 20% below their peak have their score halved, so 27 became 14.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For I O B: 0.4 × 27 + 0.4 × 25 + 0.2 × 33 = 27, halved to 14 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What I O B's management said in earlier quarters

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