IOB
Indian Overseas Bank
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
IOB
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹34 today
BEAR
₹42
+24%
2.2% a year · 15.2x exit
BASE
₹59
+73%
3.8% a year · 20.9x exit
BULL
₹101
+199%
5.1% a year · 35.7x exit
Where the market has priced it
12x13x today46x
management named no year; shown one year out
- 4 of 10 filed years were loss-making or near zero — this band describes a recovery, not a settled rating
- at 13x its FY26 earnings the stock trades below the bottom of its own ten-year range (15x)
- this company's own median multiple sits 155% above its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹2.7 (screener) |
|---|---|
| Guided growth | 3.8% a year, said on the call of 24-Jul-2026 · transcript |
| Read across as | lender: book growth, ROA held flat — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 15.23x / 20.94x / 35.66x, this company’s own p20 / median / p80 across 6 filed years |
| Filed-industry peers | median 8.22x across 13 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
book growth 3.77%generic growth 12%
And compliment that you met all the, I mean, parameters or the targets which are given and even in the current quarter also, there is a good credit growth of 3.77%, an overall annualized base is 22.75%, which is commendable.
Call 24-Jul-2026 · bridge confidence medium · transcript PDF