IndusInd Bank is a private sector bank headquartered in Mumbai, established in 1994. It offers a wide range of banking and financial services across retail, corporate, treasury, and digital segments. The bank has built a strong presence in vehicle finance, microfinance (through its subsidiary Bharat Financial Inclusion Ltd), and SME lending. However, recent years have been challenging due to asset quality pressures, elevated provisioning, and a sharp decline in profitability. As of January 2026, IndusInd Bank is undergoing a critical phase of balance sheet repair and strategic recalibration. This article provides a realistic, data-driven outlook on the IndusInd Bank share price target 2026–2030, based on verified financials from Screener.in, Finology, and Groww.
IndusInd Bank: Company Overview
- Founded: 1994
- Managing Director: Mr. Sumant Kathpalia
- NSE Symbol: INDUSINDBK
- Business Segments: Retail Banking, Corporate/Wholesale Banking, Treasury, Vehicle Finance, Microfinance
- Market Position: Sixth-largest private sector bank by market capitalization
IndusInd Bank maintains a capital adequacy ratio (CAR) of 16.24%, above RBI’s minimum requirement, but faces headwinds from high gross NPAs (~5.5%) and weak profitability. Its CASA ratio of 32.84% is modest compared to peers like HDFC or ICICI.
IndusInd Bank: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹945 |
| Market Capitalization | ₹73,591.52 Cr |
| No. of Shares Outstanding | 77.91 Cr |
| 52-Week High / Low | ₹1,087 / ₹605 |
| P/E Ratio (TTM) | Not applicable (negative EPS) |
| P/B Ratio | 1.14 |
| EPS (TTM) | –₹7.64 |
| Book Value (TTM) | ₹825.91 |
| ROE | 4.18% |
| ROCE | 6.75% |
| Dividend Yield | 0.00% |
| Face Value | ₹10 |
| Net Interest Income | ₹19,031.31 Cr |
| Cost-to-Income Ratio | 60.15% |
| Capital Adequacy Ratio (CAR) | 16.24% |
| Profit Growth (YoY) | –70.47% |
| CASA % | 32.84% |
IndusInd Bank Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹900 – ₹1,050 |
| 2027 | ₹950 – ₹1,120 |
| 2028 | ₹1,000 – ₹1,200 |
| 2029 | ₹1,050 – ₹1,300 |
| 2030 | ₹1,100 – ₹1,400 |
IndusInd Bank Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹900 | ₹1,050 |
IndusInd Bank reported a 70.47% YoY decline in profit in FY2025, with negative EPS of –₹7.64 due to high provisioning for legacy NPAs. Despite this, the stock trades at a P/B of 1.14x, reflecting investor hope for recovery. The bank’s CAR remains healthy (16.24%), and management has prioritized asset quality cleanup. A 2026 target range of ₹900–₹1,050 assumes stabilization in credit costs and no fresh slippages.
IndusInd Bank Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹950 | ₹1,120 |
If the bank successfully reduces gross NPAs below 5% and improves cost efficiency (currently 60.15%), earnings could return to positive territory by FY27. Assuming EPS turns positive (~₹15–₹20) and P/B stabilizes at 1.2–1.3x, the 2027 target range of ₹950–₹1,120 is reasonable.
IndusInd Bank Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹1,000 | ₹1,200 |
By 2028, benefits from NPA resolution, branch rationalization, and focus on high-margin retail segments should reflect in margins. With book value expected to grow to ₹880–₹900, a P/B of 1.25–1.35x supports the ₹1,000–₹1,200 band—contingent on sustained profitability.
IndusInd Bank Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹1,050 | ₹1,300 |
Long-term tailwinds include India’s credit expansion and IndusInd’s niche in vehicle finance and microfinance. However, competition from HDFC, ICICI, and Kotak remains intense. If ROE improves to 8–10% and dividends resume, investor sentiment could improve. Using a P/B of 1.3–1.4x on projected book value (~₹930–₹950), the 2029 target is ₹1,050–₹1,300.
IndusInd Bank Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹1,100 | ₹1,400 |
Over a five-year horizon, IndusInd Bank’s recovery hinges on consistent execution. If it regains investor trust through clean earnings and capital discipline, a P/B of 1.4–1.5x on FY30 book value (~₹950–₹980) justifies the ₹1,100–₹1,400 range. Upside is capped by structural inefficiencies; downside is limited by current valuation.
IndusInd Bank: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Foreign Institutional Investors (FII) | 34.32% |
| Domestic Institutional Investors (DII) | 31.95% |
| Promoters | 15.82% |
| Public & Others | 17.91% |
High institutional ownership (66.27%) ensures liquidity. Promoter holding is stable but low, with partial pledging reported in past filings.
IndusInd Bank: Strengths vs Risks
Strengths:
- Strong franchise in vehicle finance and microfinance
- Healthy capital buffer (CAR: 16.24%)
- Improving CASA mix (32.84%)
- Strategic focus on retail and SME segments
Risks:
- Negative EPS and weak ROE (4.18%)
- High cost-to-income ratio (60.15%)
- Elevated gross NPAs (~5.5%)
- No dividend payout since FY2024
- Intense competition from larger private banks
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | High |
| Ideal Time Horizon | 5+ years (only for recovery bet) |
| Volatility | High (stock down ~15% in 1 year) |
| Dividend/Income Potential | None (0% yield) |
| Best For | Aggressive investors betting on turnaround; not suitable for conservative portfolios |
FAQs
Is IndusInd Bank share good to buy?
Only for high-risk, long-term investors who believe in management’s ability to execute a turnaround. Not suitable for income seekers or conservative investors due to negative earnings and no dividends.
What is IndusInd Bank’s price target?
Based on fundamentals, the IndusInd Bank share price target for 2026 is ₹900–₹1,050. The 2026–2030 cumulative range is ₹900 to ₹1,400, assuming a gradual recovery in asset quality and profitability.
What is the book value of IndusInd Bank shares in 2025?
As per the latest TTM data (FY2025), the book value is ₹825.91 per share.
Is IndusInd Bank good for the long term?
Potentially yes—but only if the bank sustains NPA reduction, improves ROE above 10%, and resumes dividends. Until then, it remains a speculative recovery play, not a core holding.
Final Verdict
IndusInd Bank is at a crossroads. Its strong capital base and niche businesses offer a foundation for recovery, but weak profitability and high operating costs remain major concerns. The bank needs 2–3 years of clean execution to regain investor confidence.
Our IndusInd Bank share price target 2026–2030 (₹900 to ₹1,400) reflects cautious optimism—rooted in balance sheet strength but tempered by earnings uncertainty. Investors should monitor quarterly asset quality, provisioning trends, and cost ratios before increasing exposure.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – IndusInd Bank Consolidated Page (FY2025 + TTM)
- Finology Ticker – INDUSINDBK Financials & Analysis
- Groww.in – IndusInd Bank Stock Profile
- IndusInd Bank Investor Presentation (Q3 FY26, Jan 2026)
- RBI Guidelines on Capital Adequacy and Asset Classification
