Dhanlaxmi Bank

₹41.7 0.1 | 0.3%

WEBSITE BSE:532180 NSE : DHANALAK.BNK 10 May, 16:01

Market Cap ₹1055 Cr.

Stock P/E 11.4

P/B 1.2

Current Price ₹41.7

Book Value ₹ 34.2

Face Value 10

52W High ₹58.7

Dividend Yield 0%

52W Low ₹ 16.2

Edit Ratio

Dhanlaxmi Bank Research see more...

Overview Inc. Year: 1927Industry: Bank - Private

Dhanlaxmi Bank Ltd affords numerous banking and monetary offerings in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury Operations, and Other Banking Business Operations segments. The business enterprise gives deposit products, which include savings and current accounts, and term deposits; loans, inclusive of property, vehicle, commercial, non-public, education, and enterprise loans, in addition to loans in opposition to securities; and forex services comprising foreign currency cash, cheque deposits, foreign currency demand drafts, and remittances. It additionally provides export and import services; credit merchandise comprising commercial and trade advance, import export assistance, and agricultural assistance; corporate salary accounts; and cash cheque deposits, as well as health, life and car coverage products. In addition, the business enterprise offers non-resident Indians (NRI) banking services, consisting of non-residential external accounts, non-resident ordinary accounts, recurring and time period deposits, overseas forex non-resident fixed deposits, and resident foreign money accounts, as well as money transfer offerings and NRI property loans; and micro and agricultural banking, and financial planning offerings. Further, it presents SME banking services, together with working capital facilities, trade facilities, and capacity growth offerings; credit, debit, and gift cards; and investment, depository, and on line banking offerings, in addition to locker facilities. As of March 31, 2021, it had 245 branches and 257 ATMs throughout 14 States and 1 Union Territory. The agency was included in 1927 and is based totally in Thrissur, India.

Dhanlaxmi Bank Share Price

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Peer Comparison

Dhanlaxmi Bank Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Interest Earned	229	235	235	258	263	276	274	289	304	308
Other Income	38	35	69	-22	23	36	37	52	24	36
Total Income	267	269	304	237	285	312	311	341	327	343
Interest Expense	138	139	138	141	146	149	159	171	183	194
Operating Expenditure	102	102	101	101	104	108	114	113	121	127
Provisions and contingencies	23	26	39	21	19	33	18	28	-3	19
Operating Profit	4	2	25	-26	16	22	20	30	26	3
Profit Before Tax	4	2	25	-26	16	22	20	30	26	3
Provision for Tax	0	0	1	0	0	0	-18	2	3	0
Profit After Tax	4	2	23	-26	16	22	38	28	23	3
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	4	2	23	-26	16	22	38	28	23	3
Adjusted Earnings Per Share	0.1	0.1	0.9	-1	0.6	0.9	1.5	1.1	0.9	0.1

Dhanlaxmi Bank Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Interest Earned	1308	1292	1284	1204	1089	1013	971	988	931	917	1071	1175
Other Income	114	73	85	77	111	102	53	113	122	169	75	149
Total Income	1422	1365	1369	1281	1200	1116	1024	1100	1053	1086	1146	1322
Interest Expense	1032	1012	985	900	757	668	625	614	601	554	595	707
Operating Expenditure	339	347	358	381	349	302	305	324	366	397	427	475
Provisions and contingencies	75	258	267	197	82	171	83	96	49	98	74	62
Operating Profit	-23	-252	-241	-196	12	-25	12	66	37	36	49	79
Profit Before Tax	-23	-252	-241	-196	12	-25	12	66	37	36	49	79
Provision for Tax	-26	0	0	13	0	0	0	0	0	0	0	-13
Profit After Tax	3	-252	-241	-209	12	-25	12	66	37	36	49	92
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	3	-252	-241	-209	12	-25	12	66	37	36	49	92
Adjusted Earnings Per Share	0.3	-20	-13.6	-11.8	0.6	-1	0.5	2.6	1.5	1.4	2	3.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	17%	3%	1%	-2%
Operating Profit CAGR	36%	-9%	0%	0%
PAT CAGR	36%	-9%	0%	32%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	156%	42%	17%	1%
ROE Average	6%	5%	6%	-7%
ROCE Average	6%	6%	6%	1%

Dhanlaxmi Bank Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	766	736	724	508	654	749	761	827	864	900	961
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Deposits	11202	12133	12382	11354	11294	10920	10603	10904	11712	12403	13352
Borrowings	1592	1336	941	252	145	392	200	178	150	150	492
Other Liabilities & Provisions	269	482	305	349	240	225	234	357	371	343	327
Total Liabilities	13830	14688	14352	12463	12333	12286	11799	12265	13097	13796	15132
Cash and balance with RBI	510	630	669	579	575	603	557	549	602	708	836
Bank Balance	427	1045	621	254	233	269	66	581	383	27	10
Investments	4509	4482	4497	3792	4194	4365	4037	3682	4439	4044	3889
Advances	7777	7936	7670	6953	6446	6110	6289	6496	6787	8142	9452
Fixed Assets	125	199	184	152	183	173	169	179	225	221	251
Other Assets	470	382	693	706	671	736	648	744	660	653	688
Total Assets	13830	14688	14352	12463	12333	12286	11799	12265	13097	13796	15132

Dhanlaxmi Bank Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	926	937	1675	1290	833	808	872	623	1129	985	736
Cash Flow from Operating Activities	-113	649	-605	-298	-99	-203	-144	554	-90	139	216
Cash Flow from Investing Activities	-19	-24	-10	-9	-11	-3	-10	-25	-27	-388	-106
Cash Flow from Financing Activities	143	114	230	-150	84	270	-95	-23	-28	0	0
Net Cash Inflow / Outflow	11	738	-385	-457	-26	64	-248	506	-144	-249	111
Closing Cash & Cash Equivalent	937	1675	1290	833	808	872	623	1129	985	736	847

Dhanlaxmi Bank Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.31	-20	-13.61	-11.8	0.59	-0.98	0.46	2.6	1.47	1.42	1.95
CEPS(Rs)	3.94	-17.52	-12.58	-10.4	1.56	-0.45	0.91	3.13	2.08	2.21	2.79
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	85.82	58.47	40.79	28.63	31.19	24.08	24.56	27.18	28.67	30.11	31.66
Yield on Advances	16.82	16.28	16.74	17.32	16.89	16.58	15.45	15.2	13.71	11.26	11.33
Yield on Investments	7.76	7.56	7.61	8.77	7.43	6.95	6.81	7.98	7.11	6.37	5.99
Cost of Liabilities	8.06	7.51	7.39	7.75	6.62	5.9	5.78	5.54	5.07	4.42	4.3
NIM (Net Interest Margin)	2.09	1.99	2.22	2.63	2.9	3.05	3.17	3.3	2.7	2.8	3.35
Interest Spread	8.76	8.77	9.34	9.57	10.27	10.68	9.66	9.66	8.65	6.84	7.03
ROA(%)	0.02	-1.77	-1.66	-1.56	0.1	-0.2	0.1	0.55	0.29	0.27	0.34
ROE(%)	0.36	-34.35	-33.07	-34.01	2.13	-3.94	1.9	10.05	5.26	4.83	6.32
ROCE(%)	3.83	-7.17	-8.2	-13.39	5.02	0.19	3.95	9.23	5.73	5.37	6.13
PER(x)	148.52	0	0	0	50.35	0	37.62	3.1	10.09	8.73	7.41
Price/Book(x)	0.53	0.62	0.76	0.69	0.95	0.88	0.71	0.3	0.52	0.41	0.46
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	1.51	1.39	1.16	0.5	0.71	0.92	0.66	0.39	0.56	0.51	0.8
EV/Core EBITDA(x)	38.55	295.47	58.28	1200.56	8.17	6.36	6.74	2.35	6.12	3.45	6.96
Interest Earned Growth(%)	-6.15	-1.23	-0.65	-6.18	-9.57	-6.95	-4.13	1.66	-5.76	-1.52	16.87
Net Profit Growth	102.27	-9705.88	4.15	13.26	105.91	-300.96	146.91	463.7	-43.46	-3.45	37.48
Advances Growth	-11.2	2.04	-3.35	-9.35	-7.28	-5.21	2.93	3.29	4.48	19.96	16.08
EPS Growth(%)	102.27	-6593.93	31.97	13.26	105	-266.68	146.91	463.71	-43.47	-3.45	37.48
Loans/Deposits(x)	14.21	11.01	7.6	2.22	1.29	3.59	1.89	1.63	1.28	1.21	3.69
Cash/Deposits(x)	0.05	0.05	0.05	0.05	0.05	0.06	0.05	0.05	0.05	0.06	0.06
Current Ratio(x)	0.4	0.37	0.36	0.33	0.37	0.4	0.38	0.34	0.38	0.33	0.29
Quick Ratio(x)	14.21	11.01	7.6	2.22	1.29	3.59	1.89	1.63	1.28	1.21	3.69
CASA %	22.46	21.99	24.34	25.03	29.44	30.8	32.01	29.8	33.37	34.29	31.9

Dhanlaxmi Bank Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0	0	0	0	0	0	0	0	0	0
FII	11.49	11.5	11.43	11.62	10.84	10.86	10.98	10.76	11.89	6.1
DII	0.07	0.07	0.07	0.07	0.07	0.12	0.07	0.07	0.07	0.07
Public	88.43	88.43	88.5	88.31	89.09	89.02	88.95	89.16	88.04	93.83
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

Pros

Cons

Promoter holding is low: 0%.
Company has a low return on equity of 5% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Dhanlaxmi Bank News

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Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0	0	0	0	0	0	0	0	0	0
FII	2.91	2.91	2.89	2.94	2.74	2.75	2.78	2.72	3.01	1.54
DII	0.02	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.02	0.02
Public	22.37	22.37	22.39	22.34	22.54	22.52	22.51	22.56	22.27	23.74
Others	0	0	0	0	0	0	0	0	0	0
Total	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3	25.3

Dhanlaxmi Bank

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Dhanlaxmi Bank Research see more...

Overview Inc. Year: 1927Industry: Bank - Private

Dhanlaxmi Bank Share Price

Alert Data

Quarterly Price

Peer Comparison

Dhanlaxmi Bank Quarterly Results

Dhanlaxmi Bank Profit & Loss

Growth Rates

Dhanlaxmi Bank Balance Sheet

Dhanlaxmi Bank Cash Flow

Dhanlaxmi Bank Ratios

Dhanlaxmi Bank Shareholding Pattern

Dhanlaxmi Bank News

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