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Dhanlaxmi Bank Ltd

DHANBANK

Dhanlaxmi Bank Ltd

DHANBANK
FinancialsPrivate Banks
SmallcapWith a market cap of ₹1,020 cr, stock is ranked 1,484
High RiskStock is 3.83x as volatile as Nifty
41.823.64% (+1.47)
41.823.64% (+1.47)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsPrivate Banks
SmallcapWith a market cap of ₹1,020 cr, stock is ranked 1,484
High RiskStock is 3.83x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsPrivate Banks
SmallcapWith a market cap of ₹1,020 cr, stock is ranked 1,484
High RiskStock is 3.83x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.441.00
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.872.490.97%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Dhanlaxmi Bank Limited is a bank engaged in providing a range of banking and financial services. The Company's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 5.83%, vs industry avg of 16.68%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.19% to 0.11%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 37.75%, vs industry avg of 43.24%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,281.001,200.081,115.791,024.221,100.441,052.971,085.761,145.761,359.551,409.30
Raw Materialssubtract1,370.98
Power & Fuel Costsubtract
Employee Costsubtract213.15194.90163.58161.43184.62225.37234.61247.25331.20
Selling & Administrative Expensessubtract81.3377.5470.3273.6070.2490.2598.97103.06115.85
Operating & Other expensessubtract1,171.08894.95893.30766.27766.48684.83696.25742.72816.94
Depreciation/Amortizationsubtract24.9020.3213.4611.2613.3215.3320.0221.1125.08
Interest & Other Itemssubtract
Taxes & Other Itemssubtract-0.010.000.000.000.000.000.00-17.7512.6614.15
EPS-11.800.64-1.070.462.601.471.421.952.290.96
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
FinancialsPrivate Banks

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Dhanlaxmi Bank Ltd17.741.00
HDFC Bank Ltd21.622.951.07%
ICICI Bank Ltd20.963.430.76%
Kotak Mahindra Bank Ltd19.432.720.11%

Price Comparison

Compare DHANBANK with any stock or ETF
Compare DHANBANK with any stock or ETF
DHANBANK
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 2.66%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%0.00%0.07%4.97%94.95%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep10.98%10.76%11.89%6.10%5.93%4.97%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

DHANBANK has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJun 10, 2011

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jun 10, 2011

Cash Dividend

Ex DateEx DateJul 7, 2010

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Jul 7, 2010

News & Opinions
Live Market Update
Barometers nudge lower; breadth strong

The headline equity indices traded with limited losses in early trade. The Nifty slipped below the 23,950 mark. PSU bank, private bank and metal shares declined while media, oil & gas and consumer durables shares advanced. At 09:29 IST, the barometer index, the S&P BSE Sensex, declined 155.55 points or 0.20% to 79,077.31. The Nifty 50 index lost 38.85 points or 0.16% to 23,912.85. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.01% and the S&P BSE Small-Cap index rose 0.12%. The market breadth was strong. On the BSE, 1,867 shares rose and 1,134 shares fell. A total of 126 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 4,224.92 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,943.24 crore in the Indian equity market on 19 December 2024, provisional data showed. Stocks in Spotlight: Dhanlaxmi Bank rallied 4.46% after the company's board has approved a right issue of equity shares worth Rs 297.54 crore and fixed the price at Rs 21 per share. The issue will open on 8 January 2024 and close on 28 January 2024. GE Vernova T&D advanced 2.84% after the company has received order worth Rs 400 crore from Sterlite Grid 32 for the supply and supervision of HV equipment for TBCB project. KPI Green energy gained 3.31% after the company has signed memorandum of understanding (MoU) with government of Rajasthan of rthe development of hybrid solar and wind power projects in Jaisalmer Rajasthan. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.08% to 6.905 as compared with previous close 6.899. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 85.0950, compared with its close of 84.1300 during the previous trading session. MCX Gold futures for the 5 February 2024 settlement added 0.09% to Rs 75,716. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.03% to 108.44. The United States 10-year bond yield declined 0.22% to 4.560. In the commodities market, Brent crude for February 2024 settlement lost 52 cents, or 0.71% to $72.36 a barrel. Global Markets: The Dow Jones index futures were down 194 points, signaling a weak opening for U.S. stocks today. Asian stocks mixed on Friday as investors awaited the release of the U.S. Personal Consumption Expenditure (PCE) price index, a key inflation gauge, for further insights into the Federal Reserve's monetary policy stance. Meanwhile, Japan's consumer price index (CPI) rose slightly more than expected in November. Core CPI, which excludes volatile fresh food items, increased to 2.7% year-on-year, exceeding the previous month's 2.3%. The Bank of Japan (BOJ) held interest rates steady on Thursday, its final meeting of the year, and provided limited clues on future rate hikes. However, the central bank projected a gradual increase in inflation over the next year. In Europe, the Bank of England also kept its policy rate unchanged at 4.75% on Thursday. U.S. stock indices closed mixed on Thursday after a sharp decline the previous day. Investors remained cautious about the Fed's hawkish stance and the potential impact on the economy. The S&P 500 and the Nasdaq Composite fell 0.1%, and the Dow Jones Industrial Average closed 0.04% higher. The U.S. House of Representatives rejected a Republican-backed funding bill on Thursday, increasing the risk of a government shutdown as the current funding deadline approaches midnight on Friday. Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
Stock Alert: Dhanlaxmi Bank, GE Vernova T&D, KPI Green energy, BASF India

Securities in F&O Ban: Bandhan Bank, Granules, Hindustan Copper, Manappuram Finance, National Aluminium, NMDC, PVR Inox, SAIL. Stocks to Watch: Dhanlaxmi Bank's board has approved a right issue of equity shares worth Rs 297.54 crore and fixed the price at Rs 21 per share. The issue will open on 8 January 2024 and close on 28 January 2024. GE Vernova T&D has received order worth Rs 400 crore from Sterlite Grid 32 for the supply and supervision of HV equipment for TBCB project. KPI Green energy has signed memorandum of understanding (MoU) with government of Rajasthan of rthe development of hybrid solar and wind power projects in Jaisalmer Rajasthan. Mufin Green Finance has entered into finance agreement with United States International Development Finance Corporation, a U.S. Government's development finance institution for the financial facility up to the sum of USD 18 million. EPL's board approved for the incorporation of a subsidiary in Thailand. BASF India board has given in-principle approval for the demerger of the company's agricultural solutions business into a separate listed entity. The agricultural solutions business generated sales of Rs 2,006.46 crore, representing 14.57% of the total revenues of the company in FY24.Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Dhanlaxmi Bank to hold board meeting

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 19 December 2024.Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Board of Dhanlaxmi Bank to consider terms of proposed rights issue

The Board of Dhanlaxmi Bank will meet on 19 December 2024 to consider, discuss and decide various matters in connection with the Rights Issue, including the specific terms of the Rights Issue, such as the determination of the Rights Issue price and related payment mechanism, rights entitlement ratio, the record date and timing of the Rights Issue. Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Dhanlaxmi Bank to consider right Issue

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Dhanlaxmi Bank standalone net profit rises 11.44% in the September 2024 quarter

Net profit of Dhanlaxmi Bank rose 11.44% to Rs 25.81 crore in the quarter ended September 2024 as against Rs 23.16 crore during the previous quarter ended September 2023. Total Operating Income rose 8.20% to Rs 328.83 crore in the quarter ended September 2024 as against Rs 303.90 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income328.83303.90 8 OPM %57.4061.15 - PBDT32.5626.42 23 PBT32.5626.42 23 NP25.8123.16 11 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Dhanlaxmi Bank to hold board meeting

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 17 October 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Dhanlaxmi Bank to convene AGM

Dhanlaxmi Bank announced that the 97th Annual General Meeting (AGM) of the bank will be held on 30 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Dhanlaxmi Bank reports standalone net loss of Rs 8.00 crore in the June 2024 quarter

Net loss of Dhanlaxmi Bank reported to Rs 8.00 crore in the quarter ended June 2024 as against net profit of Rs 28.30 crore during the previous quarter ended June 2023. Total Operating Income rose 5.78% to Rs 305.84 crore in the quarter ended June 2024 as against Rs 289.14 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income305.84289.14 6 OPM %54.2351.38 - PBDT-8.0030.30 PL PBT-8.0030.30 PL NP-8.0028.30 PL Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Dhanlaxmi Bank to convene board meeting

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live