Indbank Merchant Banking Services Ltd (INDBANK) — FY26 Annual Report | 28 August 2026

Indbank Merchant Banking Services Ltd, a subsidiary of Indian Bank, filed its 2025-26 annual report with BSE on August 28, 2026. The report covers full-year performance, strategic direction, and material risks. Key financial highlights include revenue of ₹2,515.29 lakhs and net profit of ₹708.92 lakhs for FY2025-26, down from ₹828.28 lakhs in the prior year. The Board recommends no dividend due to profit retention needs. Management outlook emphasizes fee-based business growth, recovery of dues, and reduction of non-performing assets. Material risks include tax disputes, contingent liabilities, and regulatory compliance. The AGM is scheduled for September 24, 2026, via video conferencing, with e-voting facilities available. Shareholding remains concentrated with Indian Bank holding 64.84% of shares.