NSE: DHANBANK BSE: 532180 SECTOR: Bank - Private 65k 134 24
₹ 44.2
₹ 43
₹ 59
₹ 16.2
₹ 1100.6 Cr.
31.9
25.3 Cr.
11.88
1.27
₹ 10
0 %
₹ 34.24
₹ 475.75 Cr.
77.61
₹ 3.66
12.32
6.32 %
6.13%
37.48 %
Add Your Ratio
Track the companies of Group.
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 Dhanlaxmi Bank is performing and if it is the right time to buy the stock of Dhanlaxmi Bank with detailed analysis.
For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Dhanlaxmi Bank has earned Rs 1071.2371 Cr. revenue in the latest financial year. Dhanlaxmi Bank has posted Poor revenue growth of 2.74709853693094 % in last 3 Years.
In terms of advances, Dhanlaxmi Bank reported 16.0837710358444 % YOY, rise . If you see 3 years advance growth, it stands at 13.3138589480091 %.
Currently, Dhanlaxmi Bank has a CASA ratio of 31.9034622936059 %. It’s overall cost of liability stands at 4.30137680018239 %. Also, the total deposits of Dhanlaxmi Bank from these accounts stood at Rs 13351.6493 Cr.
Dhanlaxmi Bank has a Poor ROA track record. The ROA of Dhanlaxmi Bank is at 0.341279572004547 %.
The Lender is efficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 5.19 % and 1.16 % 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 negative at -24.953935433383 % which means it has decreased 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 Dhanlaxmi Bank decreased and is currently at Rs 74.517 Cr.
Dhanlaxmi Bank has a inadequate Capital Adequacy Ratio of 12.32 .
The best metric which provides insights about bank’s valuation is P/B ratio. Currently Dhanlaxmi Bank is trading at a P/B of 1.2806 . The historical average PB of Dhanlaxmi Bank was 0.47758779989288.
Share Price: - The current share price of Dhanlaxmi Bank is Rs 43.5. One can use valuation calculators of ticker to know if Dhanlaxmi Bank share price is undervalued or overvalued.