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Dhanlaxmi Bank Ltd (DHANBANK)

₹41.850%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹41.1
    ₹42.3
  • 52 Week's Low

    52 Week's High

    ₹20.35
    ₹59
1 Month Return-1.83 %
3 Month Return-5.64 %
1 Year Return+ 98.34 %
Previous Close₹41.85
Open₹41.55
Volume13.10L
Upper Circuit-
Lower Circuit-
Market Cap₹1,058.86Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,058.86 Cr
P/B Ratio0.46
EPS0

Company Information

Dhanalakshmi Bank was founded in 1927 by as group of enterprising entrepreneurs in Thrissur, the cultural capital of Kerala, with an initial capital of Rs. 11000. Today, it has grown into a commercial bank with 181 branches and 26 Extension Counters across India, with operations and business of Rs. 4223 crores. It has a Capital Adequacy Ratio of 9.75%, greater than the mandatory requirement of 9 and a net profit of Rs. 9.51 crores for the year ended 31st March 2006. It started its services in Thrissur, followed by Ernakulam and Palghat in 1937, extending to the entire South India in 1978. In 1990s, it extended its services outside of South India, as well, beginning with Bombay. Apart from banking, it also offers bill discounting, letters of credit, merchant banking etc. DBL also focuses on consumer banking, corporate banking, and expanding its services to NRIs. In 1996, it released an equity issue of 80 lac shares for Rs. 40 crores to strengthen the capital base and obtain listing on stock exchanges. To comply with RBI guidelines, it also released a Right Issue of Rs. 274750500 to increase the net worth to Rs. 100 crores. The Bank also provides Anywhere/Anytime banking to its customers using technology, is part of CASHNET and National Financial Switch ATM network. It are also provides Life and Non-Life insurances and Demat services. Additionally, it has dedicated NRI Boutiques and tied up with 7 Exchange Houses in the Middle East. It has also achieved industrial and corporate certifications under ISO 90012000. With its emphasis on providing value-added services, its focus on poverty alleviation, and its commitment to its customers, Dhanalakshmi Bank has achieved a great degree of success since its inception.

Share Price: ₹41.85 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,058.86Cr as of today
Listing date: 01 Apr, 2004
Chairperson Name: K.N Madhusoodanan
OrganisationDhanlaxmi Bank Ltd
HeadquartersThrissur
IndustryBanks
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Key events for Dhanlaxmi Bank Ltd

  • Dhanlaxmi Bank Expects Stronger Asset Quality and Higher Net Interest Margins - 08 Jul, 2024

    Dhanlaxmi Bank's CEO expects net non-performing assets to be at 1% and gross NPAs under 3% in FY25. The bank reported a YoY increase of 7.75% in total deposits in Q1FY25, with an expected improvement of 20 basis points in NIM to 3.4%.

  • Dhanlaxmi Bank Reports Strong Q1 FY25 Results - 05 Jul, 2024

    Dhanlaxmi Bank's Q1 FY25 results show a 7.75% YoY rise in total deposits to Rs 14,440 crore and 6% YoY growth in gross advances to Rs 10,644 crore. The bank also reported significant growth in the gold loan segment with a healthy double-digit uptick of 28.64%. Shares rose up to 5% on Friday.

  • Ajith Kumar K K Appointed as MD & CEO of Dhanlaxmi Bank - 21 Jun, 2024

    Dhanlaxmi Bank has appointed Ajith Kumar K K as its new Managing Director and CEO for a period of three years.

  • Ajith Kumar K K Takes Charge as MD & CEO of Dhanlaxmi Bank - 20 Jun, 2024

    Ajith Kumar K K has been appointed as the Managing Director and CEO of Dhanlaxmi Bank by RBI for a period of three years. He brings over 36 years of experience with Federal Bank in various facets of banking, including Credit, Human Resources, Business, Branch Banking etc.

  • Dhanlaxmi Bank Appoints Ajith Kumar KK as MD & CEO - 18 Jun, 2024

    Dhanlaxmi Bank has appointed Ajith Kumar KK as its new Managing Director and Chief Executive Officer for a three-year term starting from June 20, 2024. He brings over 36 years of experience in various facets of banking with the Federal Bank.

Insights on Dhanlaxmi Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 93.83% to 94.00% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DHANBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, DHANBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.10% to 5.93% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, DHANBANK stock has moved down by -5.6%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹15,135.79Cr
↑9.68%
Total Liabilities
₹15,135.79Cr
↑9.68%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹216.40Cr
↑55.86%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
5.93%
-2.70
Mutual Funds
0%
0.00
Retail Investors
94%
0.18
Others
0.07%
0.00

Key Indicators

Earnings and Dividends

  • Dhanlaxmi Bank Ltd Earnings Results

    Dhanlaxmi Bank Ltd’s net profit fell -91.33% since last year same period to ₹3.31Cr in the Q4 2023-2024. On a quarterly growth basis, Dhanlaxmi Bank Ltd has generated 8.52% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Dhanlaxmi Bank Ltd Dividends April,2011

    In the quarter ending March 2011, Dhanlaxmi Bank Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.39%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Dhanlaxmi Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Dhanlaxmi Bank Ltd (DHANBANK) share price today is ₹41.85

Dhanlaxmi Bank Ltd is listed on NSE

Dhanlaxmi Bank Ltd is listed on BSE

  • Today’s highest price of Dhanlaxmi Bank Ltd is ₹42.3.
  • Today’s lowest price of Dhanlaxmi Bank Ltd is ₹41.1.

Today’s traded volume of Dhanlaxmi Bank Ltd(DHANBANK) is 13.10L.

Today’s market capitalisation of Dhanlaxmi Bank Ltd(DHANBANK) is ₹1058.86Cr.

Dhanlaxmi Bank Ltd(DHANBANKPrice
52 Week High
₹59
52 Week Low
₹20.35

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹41.85. It is down -29.07% from its 52 Week High price of ₹59

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹41.85. It is up 105.65% from its 52 Week Low price of ₹20.35