Dhanlaxmi Bank Ltd
DHANBANKDhanlaxmi Bank Ltd
DHANBANKPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
42.44 | 1.00 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.87 | 2.49 | 0.97% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersHDFC Bank Ltd
ICICI Bank Ltd
Kotak Mahindra Bank Ltd
Axis Bank Ltd
IDBI Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,281.00 | 1,200.08 | 1,115.79 | 1,024.22 | 1,100.44 | 1,052.97 | 1,085.76 | 1,145.76 | 1,359.55 | 1,409.30 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,370.98 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 213.15 | 194.90 | 163.58 | 161.43 | 184.62 | 225.37 | 234.61 | 247.25 | 331.20 | |||||||||||
Selling & Administrative Expenses | 81.33 | 77.54 | 70.32 | 73.60 | 70.24 | 90.25 | 98.97 | 103.06 | 115.85 | |||||||||||
Operating & Other expenses | 1,171.08 | 894.95 | 893.30 | 766.27 | 766.48 | 684.83 | 696.25 | 742.72 | 816.94 | |||||||||||
EBITDA | -184.56 | 32.69 | -11.41 | 22.92 | 79.10 | 52.52 | 55.93 | 52.73 | 95.56 | 38.32 | ||||||||||
Depreciation/Amortization | 24.90 | 20.32 | 13.46 | 11.26 | 13.32 | 15.33 | 20.02 | 21.11 | 25.08 | — | ||||||||||
PBIT | -209.46 | 12.37 | -24.87 | 11.66 | 65.78 | 37.19 | 35.91 | 31.62 | 70.48 | 38.32 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | -209.46 | 12.37 | -24.87 | 11.66 | 65.78 | 37.19 | 35.91 | 31.62 | 70.48 | 38.32 | ||||||||||
Taxes & Other Items | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -17.75 | 12.66 | 14.15 | ||||||||||
Net Income | -209.45 | 12.37 | -24.87 | 11.66 | 65.78 | 37.19 | 35.91 | 49.37 | 57.82 | 24.17 | ||||||||||
EPS | -11.80 | 0.64 | -1.07 | 0.46 | 2.60 | 1.47 | 1.42 | 1.95 | 2.29 | 0.96 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
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PDFAnnual report
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PDFAnnual report
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PDFAnnual report
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PDFAnnual report
PDFPeers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Dhanlaxmi Bank Ltd | 17.74 | 1.00 | — |
HDFC Bank Ltd | 21.62 | 2.95 | 1.07% |
ICICI Bank Ltd | 20.96 | 3.43 | 0.76% |
Kotak Mahindra Bank Ltd | 19.43 | 2.72 | 0.11% |
Price Comparison
Compare DHANBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 2.66%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
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
Dividend/Share
₹0.50
Ex DateEx Date
Jun 10, 2011
Cash Dividend
Ex DateEx DateJul 7, 2010
Dividend/Share
₹0.50
Ex DateEx Date
Jul 7, 2010
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
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
Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 19 December 2024.Powered by Capital Market - Live
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
Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live
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
Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 17 October 2024Powered by Capital Market - Live
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
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
Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.83%, vs industry avg of 16.68%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.19% to 0.11%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 37.75%, vs industry avg of 43.24%