Indian Overseas Bank
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Indian Overseas Bank (IOB) is a major public sector bank in India, offering a wide array of financial products and services such as retail banking, corporate banking, and international banking. Established in 1937, IOB has a strong presence with a network of branches both within India and in several international locations. The bank serves a diverse customer base, ranging from individuals to businesses, and plays an integral role in promoting financial inclusion and supporting economic growth. IOB is committed to leveraging technology to enhance its services and provide customers with convenient and secure banking solutions.
Incorporation Year: 1937
Headquarters: Chennai, Tamil Nadu
Top Management: Mr. Partha Pratim Sengupta (MD & CEO)
Industry: BFSI
Website: iob.in
Featured In Fortune India Ranking
Fortune 500 India
#84(2024)
#97(2023)
#87(2022)
#65(2021)
#72(2020)
#71(2019)
#71(2018)
#65(2017)
#53(2016)
#52(2015)
#50(2014)
#49(2013)
#55(2012)
#57(2011)
#56(2010)
#84(2024)#97(2023)#87(2022)#65(2021)#72(2020)#71(2019)#71(2018)#65(2017)#53(2016)#52(2015)#50(2014)#49(2013)#55(2012)#57(2011)#56(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
29,731
(INR Cr)
Net Operating Income
24,066
(INR Cr)
Assets
351,869
(INR Cr)
Profit
2,666
(INR Cr)
Net Worth
24,839
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 29731 26.4% | 23523 8.7% | 21641 -3.7% | 22461 8.2% | 20766 -4.9% | 21838 0.8% | 21662 -6.2% | 23091 -11.3% | 26046 -0.1% | 26077 4.9% | 24853 9.7% | 22650 15.7% | 19570 46.9% | 13327 17.0% | 11389 0.3% | 11354 - |
| Net Operating Income (INR Cr) | 24066 24.01% | 19407 15.96% | 16736 -1.41% | 16976 -2.47% | 17406 -1.28% | 17631 -1.58% | 17915 -9.15% | 19719 -16.15% | 23517 -1.76% | 23938 5.53% | 22684 9.71% | 20677 15.58% | 17889 47.83% | 12101 18.11% | 10246 6.27% | 9641 - |
| Profit (INR Cr) | 2666 26.7% | 2104 23.1% | 1709 125.4% | 758 - | -8527 - | -3738 - | -6299 - | -3417 - | -2897 - | -454 - | 602 6.1% | 567 -46.0% | 1050 -2.1% | 1073 51.7% | 707 -46.7% | 1326 - |
| Assets (INR Cr) | 351869 12.3% | 313438 4.8% | 299030 9.0% | 274229 5.2% | 260727 4.3% | 250008 0.8% | 247968 0.3% | 247167 -9.9% | 274437 -3.9% | 285637 3.9% | 274899 12.4% | 244656 11.4% | 219637 22.9% | 178784 36.4% | 131092 8.3% | 121073 - |
| Net Worth (INR Cr) | 24839 12.3% | 22123 11.5% | 19848 33.4% | 14878 0.0% | 13824 -0.4% | 13875 24.2% | 11171 -3.5% | 11579 -12.6% | 13254 -4.9% | 13934 -2.9% | 14356 16.6% | 12309 14.1% | 10786 32.1% | 8165 28.6% | 6349 6.9% | 5941 25.0% |
| Employee Cost (INR Cr) | 6143 49.8% | 4102 17.6% | 3489 -5.9% | 3706 14.4% | 3241 22.4% | 2647 -11.6% | 2994 -1.7% | 3045 -10.2% | 3390 28.0% | 2650 12.1% | 2363 5.1% | 2248 7.9% | 2083 19.6% | 1741 0.4% | 1735 36.4% | 1272 - |
| Interest Cost (INR Cr) | 14227 | 11146 | 10419 | 11069 | 12103 | 12352 | 12448 | 14529 | 18135 | 18554 | 17107 | 15425 | 12873 | 7893 | 7078 | 6772 |
| Cash & Bank Balance (INR Cr) | 18815 | 20821 | 36951 | 30982 | 24061 | 30892 | 26545 | 23223 | 22246 | 24899 | 19009 | 15258 | 16261 | 12019 | 9825 | 10922 |
| Total Debt (INR Cr) | 316509 | 281777 | 265284 | 244024 | 228372 | 228680 | 226060 | 227440 | 251698 | 264281 | 252482 | 225458 | 202048 | 164584 | 119777 | 110610 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 9.0% | 8.9% | 7.9% | 3.4% | - | - | - | - | - | - | 2.4% | 2.5% | 5.4% | 8.1% | 6.2% | 11.7% |
| Profit As % Of Assets | 0.8% | 0.7% | 0.6% | 0.3% | - | - | - | - | - | - | 0.2% | 0.2% | 0.5% | 0.6% | 0.5% | 1.1% |
| Profit As % Of Networth | 10.7% | 9.5% | 8.6% | 5.1% | - | - | - | - | - | - | 4.2% | 4.6% | 9.7% | 13.1% | 11.1% | 22.3% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 6.8% | 5.5% | 4.8% | 2.3% | - | - | - | - | - | - | 4.5% | 4.9% | 11.1% | 14.8% | 11.5% | 24.8% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |