{"id":299834,"date":"2026-10-09T17:39:38","date_gmt":"2026-10-09T12:09:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299834"},"modified":"2026-10-09T17:39:38","modified_gmt":"2026-10-09T12:09:38","slug":"indian-overseas-bank-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/","title":{"rendered":"Indian Overseas Bank Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Indian Overseas Bank share price Rs 30.54 (9 October 2026). Base target Rs 36.5, bull Rs 43.7, downside risk Rs 24.3. PE 9.85. 52W range Rs 30.07 to Rs 41.80.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Indian Overseas Bank share price target for 2027 is Rs 36.5, about 19.5% above the current price of Rs 30.54. The bull case is Rs 43.7, and the downside risk level, which is not a target, is Rs 24.3. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 38.9%, with the stock holding its PE of 9.85. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an Indian Overseas Bank target price for 2027 should start with where the stock sits today. At Rs 30.54 on 9 October 2026, it is 26.9% below its 52-week high of Rs 41.80 and 1.6% above its 52-week low of Rs 30.07. That range spans 39% from low to high, so the entry point matters as much as the Indian Overseas Bank price forecast itself.<\/p>\n<p>This article builds the Indian Overseas Bank share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 36.5 base case and the Rs 43.7 bull case were reached, along with a downside risk level of Rs 24.3.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=indian-overseas-bank-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Indian_Overseas_Bank_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Indian Overseas Bank Stock Analysis: Company Overview and Key Stats\">Indian Overseas Bank Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Why_Is_Indian_Overseas_Bank_Share_Price_Target_Set_at_Rs_365_for_2027\" title=\"Why Is Indian Overseas Bank Share Price Target Set at Rs 36.5 for 2027?\">Why Is Indian Overseas Bank Share Price Target Set at Rs 36.5 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Earnings_Growth_Behind_the_Indian_Overseas_Bank_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Indian Overseas Bank Target Price: Five Years of Results\">Earnings Growth Behind the Indian Overseas Bank Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Valuation_Check_for_the_Indian_Overseas_Bank_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Indian Overseas Bank Stock Target: PE, Price to Book and ROE\">Valuation Check for the Indian Overseas Bank Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Indian_Overseas_Bank_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Indian Overseas Bank Share Price Targets for the Short Term and 12 Months\">Indian Overseas Bank Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Short_Term_Indian_Overseas_Bank_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Indian Overseas Bank Stock Target Levels: Technical Setup\">Short Term Indian Overseas Bank Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#12_Month_Indian_Overseas_Bank_Target_Price_for_2027\" title=\"12 Month Indian Overseas Bank Target Price for 2027\">12 Month Indian Overseas Bank Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Indian_Overseas_Bank_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Indian Overseas Bank Target Price\">How EPS Growth and PE Multiple Change the Indian Overseas Bank Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Indian_Overseas_Bank_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Indian Overseas Bank Stock Target in 2027\">Bull Case and Downside Risk for Indian Overseas Bank Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Bull_Case_Rs_437\" title=\"Bull Case Rs 43.7\">Bull Case Rs 43.7<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Downside_Risk_Level_Rs_243\" title=\"Downside Risk Level Rs 24.3\">Downside Risk Level Rs 24.3<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Key_Risks_to_the_Indian_Overseas_Bank_Target_Price_for_2027\" title=\"Key Risks to the Indian Overseas Bank Target Price for 2027\">Key Risks to the Indian Overseas Bank Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Indian_Overseas_Bank_Price_Target\" title=\"Growth Slowdown Risk for the Indian Overseas Bank Price Target\">Growth Slowdown Risk for the Indian Overseas Bank Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#How_to_Invest_in_Indian_Overseas_Bank\" title=\"How to Invest in Indian Overseas Bank\">How to Invest in Indian Overseas Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#FAQs_on_Indian_Overseas_Bank_Share_Price_Target_2027\" title=\"FAQs on Indian Overseas Bank Share Price Target 2027\">FAQs on Indian Overseas Bank Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_is_the_Indian_Overseas_Bank_share_price_target_for_2027\" title=\"What is the Indian Overseas Bank share price target for 2027?\">What is the Indian Overseas Bank share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_is_the_Indian_Overseas_Bank_share_price_today\" title=\"What is the Indian Overseas Bank share price today?\">What is the Indian Overseas Bank share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Is_Indian_Overseas_Bank_a_buy_or_sell_at_the_current_price\" title=\"Is Indian Overseas Bank a buy or sell at the current price?\">Is Indian Overseas Bank a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Indian_Overseas_Bank_shares\" title=\"What are the bull case target and downside risk level for Indian Overseas Bank shares?\">What are the bull case target and downside risk level for Indian Overseas Bank shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_are_the_main_risks_to_the_Indian_Overseas_Bank_price_target\" title=\"What are the main risks to the Indian Overseas Bank price target?\">What are the main risks to the Indian Overseas Bank price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_is_the_PE_ratio_of_Indian_Overseas_Bank_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Indian Overseas Bank and how does it compare with the industry?\">What is the PE ratio of Indian Overseas Bank and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#Who_owns_Indian_Overseas_Bank_and_what_is_the_promoter_holding\" title=\"Who owns Indian Overseas Bank, and what is the promoter holding?\">Who owns Indian Overseas Bank, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/indian-overseas-bank-share-price-target-2027\/#What_were_Indian_Overseas_Banks_latest_quarterly_results\" title=\"What were Indian Overseas Bank&#8217;s latest quarterly results?\">What were Indian Overseas Bank&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Indian_Overseas_Bank_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Indian Overseas Bank Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian Overseas Bank (NSE: IOB) has a market capitalisation of Rs 58,636 crore. In FY26 it reported revenue of Rs 37,743 crore and net profit of Rs 5,418 crore. The table collects the figures the Indian Overseas Bank share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/iob\/indian-overseas-bank-share-price-today\">Indian Overseas Bank<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>IOB<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 30.54<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 41.80<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 30.07<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 58,636 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>9.85<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>12.00<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>1.65<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>16.78%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 3.09<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 36.5<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 43.7<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 24.3<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Indian_Overseas_Bank_Share_Price_Target_Set_at_Rs_365_for_2027\"><\/span><strong>Why Is Indian Overseas Bank Share Price Target Set at Rs 36.5 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Indian Overseas Bank stock target of Rs 36.5 applies a PE multiple of 9.85 to a forward EPS estimate of Rs 3.71. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.5% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Indian_Overseas_Bank_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Indian Overseas Bank Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indian Overseas Bank grew revenue from Rs 21,641 crore in FY22 to Rs 37,743 crore in FY26, a compound annual growth rate of 14.9%. Net profit grew faster, from Rs 1,709 crore to Rs 5,418 crore (33.4% a year), which shows margin gains did part of the work and not just higher sales.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>21,641.17<\/td>\n<td>1,709.27<\/td>\n<td>0.92<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>23,523.42<\/td>\n<td>2,103.99<\/td>\n<td>1.15<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>29,730.97<\/td>\n<td>2,665.66<\/td>\n<td>1.40<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>33,750.31<\/td>\n<td>3,395.50<\/td>\n<td>1.76<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>37,742.58<\/td>\n<td>5,418.47<\/td>\n<td>2.70<\/td>\n<td>0.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 11.8%, slower than the four-year average of 14.9%, and net profit moved up 59.6%. EPS rose from Rs 1.40 in FY24 to Rs 2.70 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indian Overseas Bank converted 14.4% of FY26 revenue into net profit, against 10.1% in FY25, within a five-year range of 7.9% to 14.4%.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 10,938 crore, up 23.3% from the same quarter a year earlier, while net profit of Rs 1,659 crore was up 49.3%. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a lender, Indian Overseas Bank funds its book mainly through deposits and borrowings, so debt to equity is not a meaningful gauge for it. Book value stands at Rs 18.44 per share and the price to book ratio is 1.65, and shareholders&#8217; equity grew from Rs 22,598 crore in FY22 to Rs 36,991 crore in FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Indian_Overseas_Bank_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Indian Overseas Bank Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 9.85 against an industry PE of 12.00, Indian Overseas Bank trades at a discount to its industry. Price to book is 1.65 on a book value of Rs 18.44 per share, and return on equity is 16.78%. A PE of 9.85 equals an earnings yield of 10.2%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 92.44% of Indian Overseas Bank in June 2026, and promoter holding fell from 94.61% in June 2025 to 92.44% in June 2026. Foreign institutional investors (FII) held 0.47% and domestic institutions (DII) held 4.29%, which puts total institutional holding at 4.76%. FII holding rose from 0.08% in June 2025 to 0.47% in June 2026. Public shareholders own the remaining 2.80%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indian_Overseas_Bank_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Indian Overseas Bank Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Indian_Overseas_Bank_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Indian Overseas Bank Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 30.54 on 9 October 2026, Indian Overseas Bank trades below its 50-day simple moving average of Rs 32.74 and below its 200-day exponential moving average of Rs 34.47. The 14-day RSI reads 32.7, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 32.74 (50-day simple moving average) and the nearest support is Rs 30.07 (52-week low). A sustained move above Rs 32.74 would improve the short-term setup, while a close below Rs 30.07 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Indian_Overseas_Bank_Target_Price_for_2027\"><\/span><strong>12 Month Indian Overseas Bank Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Indian Overseas Bank is Rs 36.5: forward EPS of Rs 3.71 at a PE of 9.85. That is 19.5% above Rs 30.54. It would still leave the stock 12.7% below its 52-week high of Rs 41.80.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Indian_Overseas_Bank_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Indian Overseas Bank Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 7.88<\/th>\n<th>PE 9.85<\/th>\n<th>PE 11.33<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 3.09)<\/td>\n<td>Rs 24.3<\/td>\n<td>Rs 30.4<\/td>\n<td>Rs 35.0<\/td>\n<\/tr>\n<tr>\n<td>20.0% (EPS Rs 3.71)<\/td>\n<td>Rs 29.2<\/td>\n<td>Rs 36.5<\/td>\n<td>Rs 42.0<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 3.86)<\/td>\n<td>Rs 30.4<\/td>\n<td>Rs 38.0<\/td>\n<td>Rs 43.7<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Indian Overseas Bank price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Indian_Overseas_Bank_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Indian Overseas Bank Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_437\"><\/span><strong>Bull Case Rs 43.7<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Indian Overseas Bank price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 3.86, and a PE multiple that rises 15% to 11.33. That gives Rs 43.7, 43.1% above the current price and above the 52-week high of Rs 41.80, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_243\"><\/span><strong>Downside Risk Level Rs 24.3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 3.09 and the PE falls 20% to 7.88. That gives Rs 24.3, 20.4% below the current price and below the 52-week low of Rs 30.07.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>25.0%<\/td>\n<td>11.33<\/td>\n<td>Rs 43.7<\/td>\n<td>+43.1%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>20.0%<\/td>\n<td>9.85<\/td>\n<td>Rs 36.5<\/td>\n<td>+19.5%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>7.88<\/td>\n<td>Rs 24.3<\/td>\n<td>-20.4%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Indian_Overseas_Bank_Target_Price_for_2027\"><\/span><strong>Key Risks to the Indian Overseas Bank Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Indian_Overseas_Bank_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Indian Overseas Bank Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 23.3% year on year, and FY26 revenue growth was 11.8%. If growth slows from here, the EPS estimate behind the Indian Overseas Bank stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indian Overseas Bank has a market capitalisation of Rs 58,636 crore. Institutional holding is 4.76%, and promoters hold 92.44%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 14.4% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 9.85 versus an industry PE of 12.00, a de-rating toward the downside-risk PE of 7.88 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 26.9% below its 52-week high, with an RSI of 32.7 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Indian_Overseas_Bank\"><\/span><strong>How to Invest in Indian Overseas Bank<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Indian Overseas Bank share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 30.54 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Indian Overseas Bank&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Indian Overseas Bank fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Indian Overseas Bank target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Indian Overseas Bank live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Indian Overseas Bank share price target for 2027 is Rs 36.5 in the base case, with Rs 43.7 as the bull case. The support for that view is arithmetic you can check: EPS grew 38.9% a year over FY24 to FY26, and the stock trades at a PE of 9.85. The risks are equally concrete, including institutional holding of only 4.76% and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Indian_Overseas_Bank_Share_Price_Target_2027\"><\/span><strong>FAQs on Indian Overseas Bank Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Indian_Overseas_Bank_share_price_target_for_2027\"><\/span><strong>What is the Indian Overseas Bank share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Indian Overseas Bank share price target for 2027 is Rs 36.5, with Rs 43.7 as the bull case. The downside risk level, which is not a target, is Rs 24.3. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Indian_Overseas_Bank_share_price_today\"><\/span><strong>What is the Indian Overseas Bank share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:29 PM IST, Indian Overseas Bank trades at Rs 30.54, up 0.20% on the day. The 52-week range is Rs 30.07 to Rs 41.80.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Indian_Overseas_Bank_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Indian Overseas Bank a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 38.9% a year over FY24 to FY26, but institutional holding is only 4.76%. Whether Indian Overseas Bank fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Indian_Overseas_Bank_shares\"><\/span><strong>What are the bull case target and downside risk level for Indian Overseas Bank shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 43.7, which assumes 25.0% EPS growth and a PE of 11.33. The downside risk level is Rs 24.3, which assumes flat EPS and a PE of 7.88. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Indian_Overseas_Bank_price_target\"><\/span><strong>What are the main risks to the Indian Overseas Bank price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 58,636 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 4.76%, which can make price moves sharper.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Indian_Overseas_Bank_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Indian Overseas Bank and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Indian Overseas Bank is 9.85 against an industry PE of 12.00. Price to book is 1.65 and return on equity is 16.78%. The base case in the Indian Overseas Bank price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Indian_Overseas_Bank_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Indian Overseas Bank, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 92.44% of Indian Overseas Bank in June 2026. FII held 0.47%, DII held 4.29% and the public held 2.80%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Indian_Overseas_Banks_latest_quarterly_results\"><\/span><strong>What were Indian Overseas Bank&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Indian Overseas Bank reported revenue of Rs 10,938 crore (up 23.3% year on year) and net profit of Rs 1,659 crore (up 49.3%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Indian Overseas Bank share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Indian Overseas Bank share price target for 2027 is Rs 36.5, with Rs 43.7 as the bull case. The downside risk level, which is not a target, is Rs 24.3. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.\"}},{\"@type\":\"Question\",\"name\":\"What is the Indian Overseas Bank share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 October 2026, 3:29 PM IST, Indian Overseas Bank trades at Rs 30.54, up 0.20% on the day. The 52-week range is Rs 30.07 to Rs 41.80.\"}},{\"@type\":\"Question\",\"name\":\"Is Indian Overseas Bank a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data is mixed rather than one-sided: EPS has grown 38.9% a year over FY24 to FY26, but institutional holding is only 4.76%. Whether Indian Overseas Bank fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. 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FII held 0.47%, DII held 4.29% and the public held 2.80%.\"}},{\"@type\":\"Question\",\"name\":\"What were Indian Overseas Bank's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Indian Overseas Bank reported revenue of Rs 10,938 crore (up 23.3% year on year) and net profit of Rs 1,659 crore (up 49.3%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Overseas Bank share price target 2027: base Rs 36.5, bull Rs 43.7, downside risk level Rs 24.3, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":28,"featured_media":299833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299833"],"rank_math_title":["Indian Overseas Bank Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Indian Overseas Bank share price target for 2027 is Rs 36.5 versus Rs 30.54 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Indian Overseas Bank share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/indian-overseas-bank-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299834"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299834\/revisions"}],"predecessor-version":[{"id":299835,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299834\/revisions\/299835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299833"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}