IndusInd Bank Share Price: After the Q1 results of IndusInd Bank, the share has fallen by about 5%. Know whether it is right to buy in this fall after 47% profit or should one wait?
IndusInd Bank Share Price Target: Shares of private sector bank IndusInd fell nearly 5% on Thursday after its first quarter (Q1 FY27) results. Shares fell by as much as 4.7% soon after the results of the first quarter (Q1FY27) of the current financial year 2026-27 were announced and the stock fell to a low of ₹1,019.65 on the BSE. The surprising thing is that the bank has registered a handsome profit of 47% in the first quarter, yet there was a decline. In such a situation, the question coming in the minds of retail investors is whether this decline should be seen as a buying opportunity or is it better to avoid placing bets now? Know the Q1 results of IndusInd Bank and advice from big brokerage houses…
IndusInd Bank Q1 results, huge jump in profits
Net Profit: The bank’s standalone net profit rose 47% year-on-year (YoY) to ₹1,003 crore in the June quarter.
Net Interest Income (NII): The bank’s net interest income grew marginally by 1% at ₹4,685 crore (y-o-y).
Net Interest Margin (NIM): Margins also saw improvement and improved to 3.57% from 3.46% last year.
Asset Quality (NPA): Asset quality improved sequentially (QoQ). Gross NPA declined to 3.25% (3.43% in March quarter) and Net NPA declined to 0.95% (1.00% in March quarter).
Cost of Funds: The cost of raising funds improved to 5.05% from 5.69% in the same period last year.
Business Speed: The bank’s corporate segment was the main driver of growth, while the retail book grew slightly slower. However, the share of retail deposits in total deposits has increased to 49.5%.
IndusInd Bank Share: Buy, Sell or Hold?
Motilal Oswal Financial Services
Brokerage firm Motilal Oswal has raised the bank’s FY27 and FY28 earnings estimates by 18%-19%. While maintaining ‘Neutral’ rating on the stock, the brokerage has increased the target price to ₹1,125 per share.
JM Financial
JM Financial believes that the bank’s recovery track is largely in the right direction. They have raised EPS estimates for the stock and given an ‘Add’ rating to the stock. The brokerage has increased its target price to ₹1,130 from ₹925.
Equirus Securities
Equirus Securities has expressed caution over the pace of the bank’s earnings recovery. He says that in the near future there may be pressure on margins due to loan mix. The brokerage has downgraded the stock to ‘Reduce’ from ‘Add’ and has given a target price of ₹1,055 for March 2027.
Disclaimer: The financial information and brokerage reports provided in this article are for informational and educational purposes only. This is not an advice to invest, buy or sell any share. Investing in the stock market is subject to market risks. Before investing money in any share, please consult your financial advisor (SEBI Registered Financial Advisor).