基本信息
文件名称：【Jefferies-2025研报】印孚瑟斯银行有限公司（IIB）：2025财年第四季度清理季度；等待新首席执行官；特许经营价值合理.pdf
文件大小：1.06 MB
总页数：13 页
更新时间：2025-05-25
总字数：约7.82万字
文档摘要
India|Banks
EquityResearch
IndusIndBankLimitedMay22,2025
4QFY25:Clean-upQtr;AwaitNewCEO;TARGET|
ESTIMATE
CHANGE
FranchiseValsReasonableRATINGBUY
PRICEINR771.10^
4QFY25turnedouttobeaqtroflargerclean-upforIIBwithRs47bn(6%
PRICETARGET|%TOPT
INR920(INR1,040)|+19%
ofnetworth)chargedtoPLthatledtolossofRs22bn.Bankmayinitiate
52WHIGH-LOWINR1,0.00-INR605.40
fraud-relatedactionsagainstsomepastSrmgtthatmayberesponsible.
FLOAT(%)|ADVMM(USD)84.6%|112.4
GrowthandprofitabilitymaystaylowforFY26andrecoverfromthere.New
MARKETCAPINR600.7B|$7.0B
CEOcandidaturewibesubmittedbyJune,whomayfocusonimproving