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Dhanlaxmi Bank Ltd

(DHANBANK)

₹37.041.46%

as on 04:01PM, 10 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Dhanlaxmi Bank Ltd Performance

  • Day's Low

    Day's High

    ₹36.81
    ₹37.85
  • 52 Week's Low

    52 Week's High

    ₹28.25
    ₹59
1 Month Return+ 13.33 %
3 Month Return-1.34 %
1 Year Return+ 26.78 %
Previous Close₹37.59
Open₹37.85
Volume5.84L
Upper Circuit-
Lower Circuit-
Market Cap₹951.07Cr

Dhanlaxmi Bank Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹951.07 Cr
P/B Ratio1.2
EPS0
Dividend Yield0
SectorBanks
ROE3.59

Dhanlaxmi Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹951.07 Cr32.39%NANANA
BUY₹11,569.02 Cr50.04%NA₹1,771 Cr₹12,050 Cr
BUY₹5,319.94 Cr3.64%NANANA
NA₹7,870.07 Cr-0.5%NANANA
BUY₹13,802.34 Cr-3.68%NANANA

About Dhanlaxmi Bank Ltd

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: ₹37.04 per share as on 10 Dec, 2024 04:01 PM
Market Capitalisation: ₹951.07Cr as of today
Listing date: 01 Apr, 2004
Chairperson Name: K.N Madhusoodanan
OrganisationDhanlaxmi Bank Ltd
HeadquartersThrissur
IndustryBanks
E-voting on sharesClick here to vote

Key events for Dhanlaxmi Bank Ltd

  • Dhanlaxmi Bank Plans ₹300 Crore Rights Issue - 23 Oct, 2024

    Dhanlaxmi Bank's board has approved a rights issue to raise up to ₹300 crore through equity shares for existing shareholders, aimed at strengthening its capital base.
  • Dhanlaxmi Bank Approves ₹300 Crore Rights Issue - 22 Oct, 2024

    Dhanlaxmi Bank's board approved a rights issue to raise up to ₹300 crore, aiming to enhance financial stability. The bank reported a net loss of ₹8 crore in Q1 FY2024-25, contrasting with a net profit of ₹25.8 crore in Q2 FY2023-24.
  • Dhanlaxmi Bank Reports Strong Q2 Performance - 20 Oct, 2024

    Dhanlaxmi Bank reported a net profit of Rs 25.81 crore for Q2 FY25, up from Rs 23.16 crore last year. Total income rose 16.25% to Rs 380.64 crore, with significant improvements in asset quality as gross NPA decreased to 3.82%.
  • Dhanlaxmi Bank Reports Strong Q2 Earnings Growth - 17 Oct, 2024

    Dhanlaxmi Bank's Q2 FY25 results show a net profit of ₹25.8 crore, an 11.4% increase year-on-year. Total revenue reached ₹380.64 crore, reflecting strong growth in retail banking and improved asset quality. Shares surged nearly 6% following the announcement.
  • Dhanlaxmi Bank Reports Strong Q2 Business Growth - 05 Oct, 2024

    Dhanlaxmi Bank's Q2 business update reveals total business of ₹25,649 crore, with deposits growing 5.89% YoY to ₹14,631 crore. Gold loans surged nearly 30%, indicating robust growth in key areas.

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 94.00% to 94.95% in Sep 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

    Price Rise

    img

    In the last 7 days, DHANBANK stock has moved up by 10.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 39.7% return, outperforming this stock by 12.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.93% to 4.97% in Sep 2024 quarter

Dhanlaxmi Bank Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹13,098.01Cr (-)₹13,800.14Cr (↑5.36%)₹15,135.79Cr (↑9.68%)₹15,963.40Cr (↑5.47%)
Total Liabilities₹13,098.01Cr (-)₹13,800.14Cr (↑5.36%)₹15,135.79Cr (↑9.68%)₹15,963.40Cr (↑5.47%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹553.97Cr (-)-₹90.25Cr (↓116.29%)₹138.84Cr (↓253.84%)₹216.40Cr (↑55.86%)₹17.29Cr (↓92.01%)
0

Dhanlaxmi Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
4.97%
-16.13
Mutual Funds
0%
0.00
Retail Investors
94.95%
1.02
Others
0.07%
0.00

Dhanlaxmi Bank Ltd Key Indicators

Details20202021202220232024
Return On Equity %4.372.412.283.113.59

Dhanlaxmi Bank Ltd Earnings and Dividends

  • Dhanlaxmi Bank Ltd Earnings Results

    Dhanlaxmi Bank Ltd’s net profit jumped 11.44% since last year same period to ₹25.81Cr in the Q2 2024-2025. On a quarterly growth basis, Dhanlaxmi Bank Ltd has generated 422.63% jump in its net profits since last 3-months.

    Read More about Earnings Results

Dhanlaxmi Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

FAQs on Dhanlaxmi Bank Ltd

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Dhanlaxmi Bank Ltd (DHANBANK) share price today is ₹37.04

Dhanlaxmi Bank Ltd is listed on NSE

Dhanlaxmi Bank Ltd is listed on BSE

  • Today’s highest price of Dhanlaxmi Bank Ltd is ₹37.85.
  • Today’s lowest price of Dhanlaxmi Bank Ltd is ₹36.81.

Today’s traded volume of Dhanlaxmi Bank Ltd(DHANBANK) is 5.84L.

Today’s market capitalisation of Dhanlaxmi Bank Ltd(DHANBANK) is ₹951.07Cr.

Dhanlaxmi Bank Ltd(DHANBANKPrice
52 Week High
₹59
52 Week Low
₹28.25

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹37.04. It is down -37.22% from its 52 Week High price of ₹59

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹37.04. It is up 31.12% from its 52 Week Low price of ₹28.25

Dhanlaxmi Bank Ltd(DHANBANKReturns
1 Day Returns
-0.55%
1 Month Returns
13.33%
3 Month Returns
-1.34%
1 Year Returns
26.78%