Motilal Oswal Keeps IndusInd Bank Target at ₹950, Stays Neutral

BANKINGFINANCE
Whalesbook Logo
AuthorKavya Nair|Published at:
Motilal Oswal Keeps IndusInd Bank Target at ₹950, Stays Neutral
Overview

Motilal Oswal maintains a Neutral stance on IndusInd Bank, setting a target price of ₹950. The brokerage raised earnings forecasts for FY27-28, projecting RoA/RoE at 0.7%/5.6% for FY27E. This outlook is based on a 1.1x multiple of September 2027 estimated book value.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

Motilal Oswal has maintained a Neutral rating on IndusInd Bank, setting a price target of ₹950. The firm's latest report follows the bank's fourth-quarter fiscal year 2026 performance. The bank reported a profit after tax of INR 5.9 billion for the quarter, aided by lower operating costs and provisions, plus a 43% year-on-year rise in net interest income (NII) to INR 43.7 billion.

Earnings Outlook and Valuation

Motilal Oswal increased its earnings forecasts for FY27 and FY28 by 14% and 18% respectively. The firm projects IndusInd Bank's Return on Assets (RoA) at 0.7% and Return on Equity (RoE) at 5.6% for FY27E. The ₹950 price target is based on a 1.1x multiple of estimated book value for September 2027.

Analyst Viewpoint

Despite solid performance metrics, Motilal Oswal's Neutral rating implies that current market prices may already reflect most of the near-term growth potential. Investors should watch the bank's progress in maintaining asset quality and consistent net interest income growth.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.