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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
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Dhanlaxmi Bank Limited

Dhanlaxmi Bank Limited

NSE: DHANBANK
Banks - RegionalFinancial ServicesSMALL CAPMCap ₹1.41k Cr
₹35.79₹2.37 (+7.09%)

Market Closed • NSE

Market cap₹1.41k Cr
Enterprise value₹1.42k Cr
P/E TTM12.56
P/B0.94
EPS TTM₹2.85
ROE0.08%
ROA0.01%
Dividend yield0.00%
52W high₹36.85
52W low₹19.45
Price chart(1Y)
1Y Return:+10.43% (+₹3.38)
H: ₹36.85L: ₹26
1W+6.42%
1M+23.93%
3M+4.50%
6M+32.95%
1Y+43.56%
Today at a glance

Day range

₹33.22₹36.15

52 week range

₹19.45₹36.85
Volume4.04M1.52x 20D avg
Free float50.00%+52.40% volume

Dhanlaxmi Bank Limited closed at INR35.79 (+7.09%) on volume 1.52x its 20-day average, trading 2.88% below its 52-week high.

Technical analysis
RSI (14)68.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹1.95High
SMA 20₹30.73BULLISH
SMA 50₹31.45BULLISH
SMA 100₹32.40BULLISH
SMA 200₹29.29BULLISH
CPR bottom₹34.16
Pivot₹33.92
CPR top₹33.67
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +82.1% QoQ

2024-12-27

RIGHTS Announced

Rights 14:25 @ Premium Rs 11/-

2024-09-24

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL2/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹736.6 Cr₹1.41k Cr52.15%≤ 33%FAIL
Non-halal income ratio₹1.60k Cr₹814.7 Cr196.57%≤ 5%FAIL
Illiquid assets ratio₹20.17k Cr₹21.24k Cr94.95%≥ 20%PASS
Receivables ratio–₹21.24k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E12.5616.50
Forward P/E——
P/B0.941.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield8.006.10
Growth & profitability
RevenuePAT
FY12PAT margin —
FY13PAT margin —
FY23PAT margin 9.00%
FY24PAT margin 10.00%
FY25PAT margin 10.20%
FY26PAT margin 12.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+14.00%
Revenue CAGR 5Y+15.80%
PAT CAGR 3Y+27.70%
PAT CAGR 5Y—
Operating margin18.08%
Net margin14.88%
Financial health & cash flow
Net debt–Moderate
Interest coverage0.00xEBIT / interest
CFO / PAT2.83x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹631.5 Cr
Capital expenditure–
Free cash flow₹598.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation75/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.83x over last 3 years

Attractive Valuation: P/E of 12.6x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Banks - Regional.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

100%67%33%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
15.47%Institutional holding
84.53%Public holding
5Periods available
0.00%Promoter pledged
1.72LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
27 Dec 2024Rights issueRights 14:25 @ Premium Rs 11/-—27 Dec 2024
—Annual General MeetingAnnual General Meeting—24 Sept 2024
—Annual General MeetingAnnual General Meeting—22 Sept 2023
—Annual General MeetingAnnual General Meeting—23 Dec 2022
—Extra- Ordinary General MeetingExtra- Ordinary General Meeting—04 Nov 2022
—Annual General MeetingAnnual General Meeting—22 Sept 2021
—Annual General MeetingAnnual General Meeting—23 Sept 2020
—Annual General MeetingAnnual General Meeting—22 Aug 2019
—Annual General MeetingAnnual General Meeting—19 Sept 2018
—Annual General Meeting(Book Closure Dates Revised)Annual General Meeting(Book Closure Dates Revised)—22 Sept 2017
—Annual General MeetingAnnual General Meeting—22 Sept 2016
—Annual General MeetingAnnual General Meeting—22 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)45.27%+0.31% latest vs average
Highest delivery62.40%on 23 Sept
Average volume (20D)2.65MTrading-session average
Conviction trendStrengthening+0.31% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Dhanlaxmi Bank Limited
Dhanlaxmi Bank Limited

Incorporated in 1927, Dhanlaxmi Bank Ltd is in the business of providing banking services[1]

IndiaFinancial Services

Questions investors ask
Is Dhanlaxmi Bank Limited Shariah compliant?

Dhanlaxmi Bank Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bbanks?\b/i Debt to Market Cap (52.15%) exceeds AAOIFI threshold (≤ 33%). Non-permissible interest income (196.57%) exceeds 5% threshold.

What is Dhanlaxmi Bank Limited's current valuation relative to peers?

Dhanlaxmi Bank Limited trades at a P/E of 12.6x compared to the sector median of 16.5x, and a Price-to-Book of 0.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of zero debt. Interest coverage is 0x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 15.8% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.