Dhanlaxmi Bank Limited (DHANBANK)

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Dhanlaxmi Bank Limited (DHANBANK) · mywealthgrid

About

Dhanlaxmi Bank Limited is private sector bank with ₹1,276.46 Cr market cap and ₹449.36 Cr quarterly revenue (Jun 2026). Operating margin 59.63% notably high for banking. ROE 7.16% unusually depressed, warranting inquiry into asset quality, net interest margins, or capital efficiency.

Founded: 1927
Face value: ₹10

Market cap

₹1,065 Cr

P/E

9.2×

P/B

0.7×

Dividend yield

ROE

7.2%

ROCE

5.8%

Debt / equity

0.5

OPM

59.6%

EPS (TTM)

₹2.9

Book value

₹37.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

ROE 7.16% exceptionally low for banking sector. Verify whether driven by asset quality stress, low net interest margins, or inefficient capital deployment.
Net profit swings from ₹12.18 Cr (Jun 2025) to ₹43.49 Cr (Mar 2026)—±40% quarterly volatility. Verify underlying drivers and earnings sustainability.
Zero promoter holding, concentrated retail (85.74% public, DII 0.05%). Verify governance structure, board independence, and institutional confidence.
No dividends since 2011 despite consistent quarterly profits. Verify capital allocation strategy and regulatory constraints on distribution.

Generated analysis · source review pending

Growth drivers

Revenue ₹328.83 Cr (Sep 2024) to ₹449.36 Cr (Jun 2026) equals 36.7% growth over 20 months. Verify drivers: loan origination, NIM expansion, or fee income.
Operating margin 55.88–60.62% across eight quarters (average 59.63%). Verify sustainability against interest-rate moves and competition.
Market cap ₹1,276.46 Cr vs. revenue run-rate ₹449 Cr signals small balance sheet. Verify deposit mobilization capacity and capital adequacy headroom.
EPS improved 0.31 (Jun 2025) to 0.63 (Jun 2026). Verify share count dynamics and normalized earnings power.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹27.0-4.9%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 59.6%
+Profit CAGR of 22.5% over the last 5 years

Cons

−Low return on equity of 6.2% (3-yr avg)
−Weak interest coverage of 1.1×

Research score

Structured signal from quality, growth, valuation and momentum.

74/100

Business quality: 37
Growth: 85
Valuation: 99

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,204	1,089	1,013	971	988	931	917	1,071	1,207	1,320	1,601
Interest	900	757	668	625	614	601	554	595	749	837	979
Expenses	485	430	473	388	440	429	520	434	507	556	647
Financing profit	-181	-99	-127	-41	-67	-99	-158	42	-49	-72	-24
Financing margin %	-15%	-9.1%	-12.6%	-4.2%	-6.8%	-10.6%	-17.3%	3.9%	-4.1%	-5.5%	-1.5%
Other income	77	111	102	53	113	141	169	75	153	169	192
Depreciation	—	—	—	—	—	—	-26	84	33	25	30
Profit before tax	-196	12	-25	12	46	43	37	32	70	72	138
Tax	—	—	—	0	-20	5	1	-18	13	5	35
Tax %	—	—	—	0%	-42.7%	12.8%	3.2%	-56.2%	18%	7%	25.7%
PAT	-209	12	-25	12	66	37	36	49	58	67	103
EPS (₹)	—	—	-0.9	0.5	2.6	1.5	0.9	2	2.3	2.4	2.6
EPS adjusted (₹)	-11.8	0.6	-1	0.5	2.6	1.5	1.4	2	2.3	1.7	2.6
Gross NPA %	6.4%	4.8%	7.4%	7.5%	5.9%	9.2%	6.3%	5.2%	4.1%	3%	1.9%
Net NPA %	2.8%	2.6%	3.2%	2.4%	1.6%	4.8%	2.9%	1.2%	1.3%	1%	0.5%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	177	210	253	253	253	253	253	253	253	395	395
Reserves	331	445	496	508	574	611	647	708	777	1,001	1,079
Deposits	11,354	11,294	10,920	10,603	10,904	11,712	12,403	13,352	14,290	16,013	18,643
Borrowings	252	145	392	200	178	150	150	492	299	200	737
Other liabilities	349	240	225	234	357	371	343	327	343	328	384
Total equity & liabilities	12,463	12,333	12,286	11,799	12,265	13,097	13,796	15,132	15,962	17,937	21,238
Fixed assets	179	214	204	202	214	225	221	258	274	282	290
Investments	3,792	4,194	4,365	4,037	3,682	4,439	4,044	3,889	3,942	3,955	4,257
	8,492	7,925	7,718	7,560	8,369	8,433	9,531	10,986	11,745	13,700	16,690
Total assets	12,463	12,333	12,286	11,799	12,265	13,097	13,796	15,132	15,962	17,937	21,238

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-298	-99	-203	-144	554	0	-233	216	17	-5	631
	-9	-11	-3	-10	-25	0	-16	-106	111	-32	-790
	-150	84	270	-95	-23	0	0	0	0	142	150
Net cash flow	-457	-26	64	-248	506	0	-249	111	128	105	-8
Free cash flow	-307	-110	-206	-209	528	0	-249	181	-25	-37	598
CFO / Operating profit %	—	—	—	-24.6%	—	0%	-58.9%	34%	2.5%	-0.6%	66.1%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Retail Banking	1,100.93	64.31	11,990.2	11,291.64	698.56	9.21
Corporate/ Wholesale Banking	378.17	-8.75

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
PAT margin %	1.2%	6.7%	4%	3.9%	4.6%	4.8%	5.1%	6.4%
Return ratios
Return on assets %	0.1%	0.5%	0.3%	0.3%	0.3%	0.4%	0.4%	0.5%
Return on capital employed %	5.4%	1%	5.2%	4.5%	4.4%	5.4%	5.5%	5.8%
Return on equity %	1.5%	8%	4.3%	4%	5.1%	5.6%	4.8%	7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Margin, working-capital and leverage ratios are omitted: a bank funds itself with deposits and books interest as its cost of revenue, so they would measure something other than what they name.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoter	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	10.76%	11.89%	6.1%	5.93%	4.97%	6.95%	15.26%	15.52%	15.28%	15.32%	15.42%	14.21%
	0.07%	0.07%	0.07%	0.07%	0.07%	0.16%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	89.17%	88.04%	93.83%	94%	94.96%	92.89%	84.69%	84.43%	84.67%	84.63%	84.53%	85.74%
No. of shareholders	—	—	—	—	—	—	—	—	1,79,703	1,75,709	1,72,047	1,63,114

Promoter holding up 0 percentage points since Sep 2023.

124 deals · 16 Sept 2021 – 7 Feb 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Feb 2024	AGNUS CAPITAL LLP	Bulk	NSE	Sell	17,98,000	₹47.98	₹8.63 Cr
6 Feb 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Sell	21,16,433	₹46.33	₹9.81 Cr
6 Feb 2024	MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED	Bulk	NSE	Buy	21,16,433	₹46.31	₹9.80 Cr
6 Feb 2024	SETU SECURITIES PVT LTD	Bulk	NSE	Sell	19,36,788	₹46.43	₹8.99 Cr
6 Feb 2024	SETU SECURITIES PVT LTD	Bulk	NSE	Buy	19,09,030	₹46.35	₹8.85 Cr
6 Feb 2024	MANSI SHARE AND STOCK ADVISORS PVT LTD	Bulk	NSE	Buy	16,09,424	₹46.54	₹7.49 Cr
6 Feb 2024	SAHASTRAA ADVISORS PRIVATE LIMITED	Bulk	NSE	Buy	15,56,126	₹46.33	₹7.21 Cr
6 Feb 2024	SAHASTRAA ADVISORS PRIVATE LIMITED	Bulk	NSE	Sell	14,56,126	₹46.86	₹6.82 Cr
6 Feb 2024	MANSI SHARE AND STOCK ADVISORS PVT LTD	Bulk	NSE	Sell	10,09,424	₹46.31	₹4.67 Cr
30 Jan 2024	MANSI SHARE AND STOCK ADVISORS PVT LTD	Bulk	NSE	Buy	34,63,363	₹56.18	₹19.46 Cr

1–10 of 124

1 / 13

Mr. K.N MADHUSOODANANNon-Executive - Independent Director-Chairperson
Mr. AJITH KUMAR K.KExecutive Director-CEO-MD
Mr. P. SURIARAJExecutive Director
Mr. G. RAJAGOPALAN NAIRNon-Executive - Independent Director
Mr. NAGESWARA RAO CHATRADINon-Executive - Nominee Director
Ms. Dr. NIRMALA PADMANABHANNon-Executive - Independent Director
Mr. Dr.JINEESH NATH C.KNon-Executive - Non Independent Director
Ms. VARDHINI KALYANARAMANNon-Executive - Independent Director
Mr. ASHUTOSH KHAJURIANon-Executive - Independent Director
Mr. SUJATHA JAGANATHANNon-Executive - Nominee Director
Mr. Krishnakumar. KChief Financial Officer

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F&O

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Dhanlaxmi Bank Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

5

Final dividend10 Jun 2011 · ex-date₹0.5
Final dividend7 Jul 2010 · ex-date₹0.5
Dividend dividend16 Jul 2009 · ex-date₹1
Dividend dividend11 Sept 2008 · ex-date₹0.5
Dividend dividend14 Sept 2007 · ex-date₹1

1

Board meeting to consider results29 Jul 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

22 announcementsExport CSV

1 Oct 2026, 3:22 pmCompany Update

Business Updates For The Half Year Ended September 30, 2026

General PDF

28 Sept 2026, 4:33 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

1 Sept 2026, 3:27 pmCompany Update

Newspaper Publication W.R.T Dispatch Of Notice Of 99Th AGM And Annual Report For The FY 2025-26

General PDF

31 Aug 2026, 6:47 pmCorp. Action

Intimation Of Book Closure Or Record Date

Book Closure PDF

31 Aug 2026, 6:39 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

31 Aug 2026, 6:25 pmAGM/EGM

Notice Of 99Th Annual General Meeting

AGM PDF

20 Aug 2026, 5:27 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

20 Aug 2026, 12:28 pmCompany Update

Intimation Of Credit Rating

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 3:22 pm	Company Update General	Business Updates For The Half Year Ended September 30, 2026	PDF
28 Sept 2026, 4:33 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
PAT margin %	1.2%	6.7%	4%	3.9%	4.6%	4.8%	5.1%	6.4%
Return ratios
Return on assets %	0.1%	0.5%	0.3%	0.3%	0.3%	0.4%	0.4%	0.5%
Return on capital employed %	5.4%	1%	5.2%	4.5%	4.4%	5.4%	5.5%	5.8%
Return on equity %	1.5%	8%	4.3%	4%	5.1%	5.6%	4.8%	7%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Idbi Bank LimitedIDBIIDBI	₹93,084 Cr	₹1,21,187 Cr	₹29,542 Cr	₹21,383 Cr	72.8%	₹9,343 Cr	31.8%	6.5%	14.2%	—
The Federal Bank LimitedFEDERALBNKFEDERALBNK	₹78,500 Cr	₹1,11,693 Cr	₹30,385 Cr	₹19,589 Cr	64.8%	₹4,692 Cr	15.1%	6.4%	11.4%	—
Idfc First Bank LimitedIDFCFIRSTBIDFCFIRSTB	₹69,254 Cr	₹1,05,886 Cr	₹41,958 Cr	₹14,462 Cr	35.6%	₹2,305 Cr	4%	6%	3.8%	—
Indusind Bank LimitedINDUSINDBKINDUSINDBK	₹69,094 Cr	₹1,11,884 Cr	₹45,297 Cr	₹22,203 Cr	49.3%	₹1,322 Cr	1.9%	5.7%	1.4%	—
Yes Bank LimitedYESBANKYESBANK	₹65,126 Cr	₹1,30,577 Cr	₹30,658 Cr	₹18,224 Cr	61.5%	₹3,775 Cr	11.6%	6%	7.1%	—
Rbl Bank LimitedRBLBANKRBLBANK	₹63,709 Cr	₹80,506 Cr	₹14,736 Cr	₹5,360 Cr	36.3%	₹899 Cr	6.1%	5.8%	5.4%	—
Bandhan Bank LimitedBANDHANBNKBANDHANBNK	₹28,355 Cr	₹42,658 Cr	₹21,844 Cr	₹10,127 Cr	46.9%	₹1,353 Cr	5.6%	6.4%	4.9%	—
Karur Vysya Bank LimitedKARURVYSYAKARURVYSYA	₹26,027 Cr	₹28,650 Cr	₹11,555 Cr	₹7,832 Cr	67.7%	₹2,745 Cr	22.7%	7.6%	19.3%	—
City Union Bank LimitedCUBCUB	₹17,092 Cr	₹22,419 Cr	₹7,249 Cr	₹4,979 Cr	69.6%	₹1,403 Cr	19.3%	6.7%	13.2%	—
The Jammu & Kashmir Bank LimitedJ&KBANKJ&KBANK	₹15,415 Cr	₹18,846 Cr	₹13,429 Cr	₹9,521 Cr	70.6%	₹2,301 Cr	17.9%	5.8%	15.3%	—
Tamilnad Mercantile Bank LimitedTMBTMB	₹13,813 Cr	₹14,513 Cr	₹6,096 Cr	₹4,458 Cr	74.1%	₹1,444 Cr	23%	7.5%	14%	—
The South Indian Bank LimitedSOUTHBANKSOUTHBANK	₹12,420 Cr	₹16,347 Cr	₹10,112 Cr	₹6,746 Cr	66.3%	₹1,511 Cr	14.8%	6.4%	13.5%	—

Dhanlaxmi Bank Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

5

1

Announcements

Not in the F&O segment

5

1

No fund holdings on record

Announcements

Annual reports

Credit ratings

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Corporate / Wholesale Banking · revenue

Dhanlaxmi Bank Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends5

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Dividends5

Board meetings1

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Corporate / Wholesale Banking · revenue

5

1

5

1