INDUSIND BANK - RESULTS FOR Q4 FY 2017-18

INDUSIND BANK

RESULTS FOR Q4 FY 2017-18

The Quarterly Results for Q4 FY 2017-18 ended march 2018 are placed below with brief analysis.

The Net profit has gone up by 26.18% YoY.

Interested earned has gone up by 21.41% YoY.

Net NPA % stands at 0.51%, slightly more than the 0.46% of Q3 (Last qtr) and 0.39% of Q4 of FY 17.

Bank has recommended a dividend of Rs.7.50 per share of Rs.10.

INDUSIND	MAR'18	DEC'17	Sep '17	Jun '17	Mar '17	YOY	QOQ
Interest Earned	4650.11	4286.78	4208.35	4208.35	3830.11	21.41	8.48
(a) Int. /Disc. on Adv/Bills	3669.32	3469.61	3,290.28	3,290.28	2,989.67	22.73	5.76
(b) Income on Investment	830.51	749.46	767.94	767.94	644.05	28.95	10.81
(c) Int. on balances With RBI	75.37	36.8	110.8	110.8	153.85	-51.01	104.81
(d) Others	74.91	30.91	39.33	39.33	42.44	76.51	142.35
Other Income	1208.51	1186.76	1,187.57	1,187.57	1,211.30	-0.23	1.83
TOTAL INCOME	5858.62	5473.54	5,395.92	5,395.92	5,041.31	16.21	7.04
EXPENDITURE
Interest Expended	2642.52	2391.97	2,387.36	2,361.45	2,162.56	22.19	10.47
Employees Cost	453.52	459.96	445.04	422.17	394.3	15.02	-1.4
Other Expenses	993.19	956.92	930.02	930.62	912.22	8.88	3.79
Operating Profit	1769.39	1664.69	1,633.50	1,588.53	1,572.23	12.54	6.29
Provisions	335.55	236.16	293.75	309.97	430.13	-21.99	42.09
PBT	1433.84	1428.53	1,339.75	1,278.56	1,142.10	25.54	0.37
Tax	480.75	492.28	459.65	442.01	390.49	23.11	-2.34
Net Profit	953.09	936.25	880.1	836.55	751.61	26.81	1.8
Equity	600.22	599.74	598.87	598.52	598.15	0.35	0.08
Reserves			--	--	19,673.38	-100
EPS After Extra Ordinary
Basic EPS	15.88	15.62	14.7	13.98	12.57	26.33	1.66
Diluted EPS	15.73	15.47	14.54	13.86	12.45	26.35	1.68
NPA Ratios :
i) Gross NPA	1704.91	1498.7	1,345.28	1,271.68	1,054.87	61.62	13.76
ii) Net NPA	745.67	592.2	536.89	508.26	438.91	69.89	25.92
i) % of Gross NPA	1.17	1.16	1.08	1.09	0.93	25.81	0.86
ii) % of Net NPA	0.51	0.46	0.44	0.44	0.39	30.77	10.87
Return on Assets %	1.86	1.96	1.9	1.86	1.74	6.9	-5.1
MP	1818	1700
PE	28.89	27.47
PRICE TREND
	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	1857.55	1829.9	1720.9	1679.5	1710.95	1572.95	1431.75
Gain / Loss	-2.18%	-0.70%	5.59%	8.19%	6.20%	15.52%	26.91%

Note : This does not constitute a recommendation to Buy, Sell or Hold