Event Type: Post-results conference call for Q1 FY27 results

Date and Time: Held on 10.07.2026 (specific time not mentioned in disclosure)

Purpose: Discussion of financial results for the first quarter of FY 2026-27 ended on 30th June 2026

Management Participants:

  • Shri Binod Kumar, MD & CEO
  • Shri Ashutosh Choudhury, Executive Director
  • Shri Shiv Bajrang Singh, Executive Director
  • Ms. Mini T M, Executive Director
  • Shri Sunil Jain, CFO (participated in closing remarks)

Moderator: Shri Anand Dama, Analyst, Nuvama Wealth Management Ltd.

Availability of Materials: The transcript of the conference call has been uploaded on the Bank's website at https://indianbank.bank.in/en/audio-video-recording-concall-transcripts

Compliance Statement: The document does not explicitly state that no unpublished price sensitive information (UPSI) will be shared.

Financial Period Discussed: Q1 FY27 (April-June 2026)

Key Financial Highlights from Transcript:

  • Net profit increased by 5.48% sequentially and 10.09% year-on-year to ₹3,273 crore
  • Operating profit increased by 5.13% sequentially and 16.51% year-on-year to ₹5,557 crore
  • NII grew by approximately 17% year-on-year and 4.59% sequentially
  • Both domestic and global NIM expanded by 6 basis points
  • Return on equity stood at 19.48%
  • Cost-to-income ratio declined to 44.80%
  • Provision coverage ratio stood at 98.22%
  • Credit cost declined from 0.47% in March 2026 to 0.23%
  • Capital adequacy ratio is 17.58%, and CET1 is 16.51%
  • Gross NPA declined by 115 basis points year-on-year and 12 basis points sequentially to 1.86%
  • Net NPA remained flat at 0.15%
  • Slippage ratio declined to 0.77% from 0.96% in March 2026
  • Recoveries were ₹1,885 crore compared with slippages of ₹1,250 crore

Business Performance:

  • Deposits grew by 13.40% year-on-year
  • Advances grew by 13.89% year-on-year to approximately ₹6.85 lakh crore
  • CASA grew by 15.30% (savings deposits grew by 13.54%, current account deposits by 26.33%)
  • Domestic CD ratio: 78.66%, Global CD ratio: 81.06%
  • Domestic CASA ratio improved by 6 basis points sequentially and 76 basis points year-on-year to 39.73%
  • Corporate advances grew by 11.49%
  • RAM advances grew by 14.80% (constitutes 66% of overall loan book)
  • Retail grew by 18.74%
  • Agriculture grew by 9.96%
  • MSME grew by 17%

Strategic Updates and Guidance:

  • Expect agriculture growth to return to 15-16% range going forward
  • Guidance for cost-to-income ratio around 45%
  • Recovery guidance of ₹4,500-5,500 crore for FY27 (already achieved ₹1,900 crore in Q1)
  • Expect gross NPA to reach 1.50-1.60%
  • Target CASA ratio of 40%
  • NIM guidance of 3.15-3.25% for FY27
  • Expect to raise USD1.5-2.0 billion through FCNR(B) and ECB (already raised USD150 million)
  • ECL transition impact expected to be around ₹3,000-3,500 crore
  • Plan to provide ₹1,500-2,000 crore for ECL during FY27 (already provided ₹1,000 crore in Q1)
  • Treasury profit expectation of ₹600-700 crore for FY27
  • IT budget (including capital and revenue expenditure) of approximately ₹3,000 crore

Additional Notes Section

Attachments: The disclosure mentions enclosure of the transcript (marked as "Encl: A/a")

Financial Data Disclosure: The announcement itself does not contain financial data, but refers to the published results and the detailed transcript of the conference call where financial figures were discussed extensively.

Logistical Details: Dial-in numbers and access codes were not included in this regulatory filing.