IDBI Bank (IDBI) Share Price & Analysis
IDBI Bank (IDBI) — Banks - Regional
IDBI Bank Key Fundamental Metrics
Executive Investment Overview & Business Profile
IDBI Bank currently trades at an attractive P/E ratio of 9.750865, reflecting a discounted valuation compared to broader sector averages.
IDBI Bank is one of the premier companies in India's Banking sector. Currently trading at ₹84.54 with a market capitalization of ₹90900.81 Cr, the company occupies a key position in the Indian equity market.
Investors evaluating IDBI Bank focus closely on its capital return metrics: Return on Equity (ROE) stands at 13.87% alongside operating margins of 15.58%. The company's earnings multiple of 9.750865 P/E provides a clear signal of market expectation relative to sector peers.
Company Profile & Information
IDBI Bank Limited provides banking and financial solutions to retail and corporate customers in India. It operates through four segments: Corporate/Wholesale Banking, Retail Banking, Treasury Operations, and Other banking operations. The company offers savings, current, and salary accounts, as well as fixed deposits; home, auto, education, mortgage, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; mobile and internet banking; and investment advisory and capital market services. It also provides fund and non-fund-based assistance; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines/cash dispense vendors; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector. In addition, the company offers bank guarantees, letters of credit, documentary collection, and bill discounting services; cash management, trade finance, and remittance services; and tax payment, debt syndication and advisory services. Further, it provides finance to micro, small, and medium enterprises; agriculture finance; products and services for non-resident Indians; treasury services, such as call money/ notice money / term money, commercial papers, certificate of deposit, government securities, treasury bills, corporate bonds, and equities; and foreign currency services comprising remittances, currency forward contracts, LTFX, FX-retail, currency options, swaps, FRA, currency exchange, and exchange traded derivative contracts. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India.