DCB Bank Ltd.

SECTOR: Bank - Private

68.25
₹ -0.45 (-0.66%)
Today's High: 69.7 Today's Low : 66.5
52 Week High: 244.60 52 Week Low : 58.10
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

2118.596796225 Cr.

P/E

5.8

P/B

0.68

Face Value

₹10

Div. Yield

1.56%

Book Value (TTM)

100.0576

CASA %

23.9488964243294

Net Interest Income

1149.292 Cr.

Cost To Income %

56.88

Promoter Holding

14.88%

EPS (TTM)

11.7745

CAR %

16.81

ROE

11.99 %

ROCE

13.04 %

Profit Growth

32.62 %

No. of Shares

31.0417113 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 ROE

1 Year11.99%
3 Year11.24%
5 Year12.03%

 ROA%

1 Year0.99%
3 Year0.94%
5 Year1.05%

 Net NPA%

1 Year0.65%
3 Year0.72%
5 Year0.78%

 NIM

1 Year3.36%
3 Year3.43%
5 Year3.41%

 CAR %

16.81

 Cost of Liabilities %

6.07

 PEG Ratio

0.18

 Advances Growth %

15.89

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 14.88 0
Dec 2019 14.89 0
Sep 2019 14.9 0
Jun 2019 14.91 0
Mar 2019 14.93 0
* Figures given above are % of equity capital

 Strengths

  • Company has a good Return on Equity (ROE) track record: 3 Years ROE 11.24%.
  • The company has been consistently maintaining a NIM of 3.43% since last 3 years.
  • The Bank is prominently managing its Non-Performing Assets, Average NET NPA of last 3 years is 0.72%.
  • Good Capital Adequacy Ratio of 16.81%.
  • The company has delivered good Profit growth of 18.7042656361367% over the past 3 years.
  • The company has delivered good Income growth of 21.4345898440088% over the past 3 years.
  • Strong Advances growth of 22.1812357834265% in the last 3 years.

 Limitations

  • CASA Growth of -0.378813530944598% YoY, which is very low.
  • Low CASA Ratio of 23.9488964243294%.
  • Low other Income proportion of 11.5127529682839%.
  • High Cost to income ratio of 56.88%.

 Quarterly Result (All Figures are in Crores.)

Particulars Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
Interest Earned 827.1 857.7 879.2 897.82 901.91
Other Income 99.36 86.76 101.39 93.07 109.88
Interest Expended 526.23 552.95 565.84 574.72 578.2
Operating Expenses 214.95 224.97 230.22 226.25 221.51
Total Provisions 34.78 40.64 43.27 59 118.24
Profit Before Tax 150.5 125.9 141.26 130.92 93.84
Net Profit 96.33 81.06 91.41 96.7 68.76
Net NPA % 0.65 0.81 0.96 1.03 1.16
Gross NPA % 1.84 1.96 2.09 2.15 2.46
Return on Assets % 1.1 0.89 0.99 1.03 0.71
NPM % 11.65 9.45 10.4 10.77 7.62

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Interest Earned 1422.42 1698.46 2076.15 2412.99 3041.49
Other Income 165.72 220.46 248.85 310.28 350.16
Interest Expended 914.2 1078.96 1279.06 1417.56 1892.2
Operating Expenses 396.49 490.93 627.73 780.73 852.85
Total Provisions 69.42 87.91 111.49 138.8 140.06
Profit Before Tax 208.03 261.12 306.72 386.17 506.54
Taxes 16.85 66.59 107.04 140.83 181.17
Net Profit 191.18 194.52 199.68 245.34 325.37
Adjusted EPS 7 7 7 8 11

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 282.01 284.44 285.36 308.09 309.55
Total Reserves 1303.36 1506.2 1917.94 2498.34 2804.9
Deposits 12609.13 14925.99 19289.21 24006.86 28435.11
Borrowings 1163.8 1147.9 1275.81 1926.71 2723.2
Other Liabilities 770.79 1252.47 1276.48 1480.69 1517.91
Total Liabilities 16132.29 19118.52 24046.38 30222.09 35791.83
Assets
Balance with RBI 633.68 703.37 858.3 1136.39 1317.22
Balance with Banks 85.47 188.2 334.16 1235.6 1476.16
Investments 3962.17 4333.33 5817.94 6218.96 7844.09
Advances 10465.06 12921.39 15817.63 20336.69 23568
Net Block 236.68 248.02 488.57 494.02 525.98
Other Assets 749.23 724.22 729.77 800.44 1060.39
Total Assets 16132.29 19118.52 24046.38 30222.09 35791.83
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Ratings & Research Reports

 Company Presentations

 DCB Bank Stock Price Analysis and Quick Research Report

Is DCB Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how DCB Bank is performing and if it is the right time to buy the stock of DCB Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. DCB Bank has earned Rs 3041.488 Cr. revenue in the latest financial year. It has posted outstanding revenue growth of 21.4345898440088 % in last 3 Years.

  • In terms of advances, the bank reported 15.89 % YOY,  rise . If you see 3 years advance growth, it stands at 22.1812357834265 %.

  • Currently the company has a CASA ratio of 23.9488941458164 %. It’s overall cost of liability stands at 6.07284228932282 %. Also, the total deposits from these accounts stood at Rs 28435.114 Cr.

  • The Bank has a average ROA track record. The ROA of DCB Bank is at 0.985749906467461 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 1.84 % and 0.65 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 0.909955474862767 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of DCB Bank decreased and is currently at Rs 0.03501589 Cr.

  • The company has a Good Capital Adequacy Ratio of 16.81 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently DCB Bank is trading at a P/B of 2.2039881111785 . The historical average PB was 1.998.

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