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Dhanlaxmi Bank

BSE:532180
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532180
BSE
₹5B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Dhanlaxmi Bank Limited provides various banking and financial services in India. The last earnings update was 61 days ago. More info.


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532180 Share Price and Events
7 Day Returns
9.2%
BSE:532180
3.4%
IN Banks
0.3%
IN Market
1 Year Returns
-21.6%
BSE:532180
15%
IN Banks
2.4%
IN Market
532180 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dhanlaxmi Bank (532180) 9.2% 29% 10.6% -21.6% -8.7% -48.9%
IN Banks 3.4% 10.8% 5.7% 15% 57.8% 77.3%
IN Market 0.3% 8% 1.6% 2.4% 44% 81.3%
1 Year Return vs Industry and Market
  • 532180 underperformed the Banks industry which returned 15% over the past year.
  • 532180 underperformed the Market in India which returned 2.4% over the past year.
Price Volatility
532180
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Dhanlaxmi Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Dhanlaxmi Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹17.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dhanlaxmi Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dhanlaxmi Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532180 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-1.32
BSE:532180 Share Price ** BSE (2019-03-20) in INR ₹17.8
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.01x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dhanlaxmi Bank.

BSE:532180 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532180 Share Price ÷ EPS (both in INR)

= 17.8 ÷ -1.32

-13.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dhanlaxmi Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Dhanlaxmi Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Dhanlaxmi Bank's expected growth come at a high price?
Raw Data
BSE:532180 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Dhanlaxmi Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dhanlaxmi Bank's assets?
Raw Data
BSE:532180 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹28.31
BSE:532180 Share Price * BSE (2019-03-20) in INR ₹17.8
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 1.11x
BSE:532180 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532180 Share Price ÷ Book Value per Share (both in INR)

= 17.8 ÷ 28.31

0.63x

* Primary Listing of Dhanlaxmi Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dhanlaxmi Bank is overvalued based on assets compared to the IN Banks industry average.
X
Value checks
We assess Dhanlaxmi Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Dhanlaxmi Bank has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dhanlaxmi Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dhanlaxmi Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.9%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dhanlaxmi Bank expected to grow at an attractive rate?
  • Unable to compare Dhanlaxmi Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Dhanlaxmi Bank's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Dhanlaxmi Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:532180 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.9%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532180 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532180 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,537 -331
2018-09-30 2,126 -717
2018-06-30 2,151 -778
2018-03-31 2,772 1,710 -249
2017-12-31 3,253 11
2017-09-30 3,485 147
2017-06-30 3,543 146
2017-03-31 3,609 -391 124
2016-12-31 2,667 -1,280
2016-09-30 2,241 -1,754
2016-06-30 3,123 -1,810
2016-03-31 1,847 7,301 -2,095

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Dhanlaxmi Bank is high growth as no earnings estimate data is available.
  • Unable to determine if Dhanlaxmi Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532180 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Dhanlaxmi Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532180 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -1.32
2018-09-30 -2.85
2018-06-30 -2.94
2018-03-31 -0.98
2017-12-31 0.04
2017-09-30 0.63
2017-06-30 0.67
2017-03-31 0.59
2016-12-31 -6.34
2016-09-30 -9.08
2016-06-30 -10.17
2016-03-31 -11.80

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Dhanlaxmi Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Dhanlaxmi Bank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Dhanlaxmi Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Dhanlaxmi Bank's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Dhanlaxmi Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dhanlaxmi Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dhanlaxmi Bank performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dhanlaxmi Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dhanlaxmi Bank does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Dhanlaxmi Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Dhanlaxmi Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Dhanlaxmi Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dhanlaxmi Bank Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532180 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,537.03 -331.15 2,216.85
2018-09-30 2,125.93 -717.45 2,223.85
2018-06-30 2,150.90 -778.30 1,567.40
2018-03-31 2,772.13 -248.75 2,332.25
2017-12-31 3,252.64 10.98 2,577.23
2017-09-30 3,484.94 146.58 2,640.43
2017-06-30 3,543.30 146.20 1,892.10
2017-03-31 3,609.24 123.78 2,790.03
2016-12-31 2,666.84 -1,280.32 3,160.93
2016-09-30 2,241.44 -1,754.42 3,207.93
2016-06-30 3,122.80 -1,810.10 2,207.10
2016-03-31 1,847.31 -2,094.52 3,044.43
2015-12-31 304.96 -3,444.60 3,109.26
2015-09-30 1,004.16 -2,717.70 3,038.86
2015-06-30 915.70 -2,672.10 2,113.50
2015-03-31 1,167.46 -2,414.70 2,997.16
2014-12-31 2,463.94 -1,091.34 2,868.28
2014-09-30 986.24 -2,456.04 2,810.48
2014-06-30 1,004.40 -2,524.60 1,918.60
2014-03-31 956.64 -2,519.14 2,847.90
2013-12-31 1,978.94 -889.78 2,656.22
2013-09-30 3,301.24 347.83 2,682.52
2013-06-30 3,036.54 180.13 2,698.52
2013-03-31 3,160.64 26.23 2,808.13
2012-12-31 2,942.13 -1,125.47 3,264.84
2012-09-30 2,918.23 -1,538.07 3,544.14
2012-06-30 3,588.80 -1,308.40 2,699.10
2012-03-31 3,744.93 -1,156.27 3,816.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Dhanlaxmi Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Dhanlaxmi Bank has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Dhanlaxmi Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Dhanlaxmi Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dhanlaxmi Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dhanlaxmi Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Dhanlaxmi Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dhanlaxmi Bank Company Filings, last reported 2 months ago.

BSE:532180 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7,166.20 2,014.00 6,080.00
2018-09-30 7,166.20 2,014.00 6,080.00
2018-06-30 7,494.60 3,921.70 6,028.50
2018-03-31 7,494.63 3,921.74 3,696.45
2017-12-31 7,883.60 1,452.00 5,602.50
2017-09-30 7,883.60 1,452.00 5,602.50
2017-06-30 6,544.80 1,452.00 5,749.70
2017-03-31 6,544.82 1,452.00 3,414.46
2016-12-31 6,030.10 1,635.90 5,875.60
2016-09-30 6,030.10 1,635.90 5,875.60
2016-06-30 5,079.50 2,518.50 5,794.80
2016-03-31 5,079.55 2,518.46 3,726.18
2015-12-31 7,013.00 2,041.00 6,549.80
2015-09-30 7,013.00 2,041.00 6,549.80
2015-06-30 7,238.50 9,413.50 6,693.30
2015-03-31 7,238.55 9,413.52 8,128.06
2014-12-31 9,740.00 10,732.60 6,640.50
2014-09-30 9,740.00 10,732.60 6,640.50
2014-06-30 7,363.20 13,355.80 6,301.60
2014-03-31 7,363.20 13,355.81 11,874.81
2013-12-31 8,375.90 7,774.60 6,143.40
2013-09-30 8,375.90 7,774.60 6,143.40
2013-06-30 7,659.98 15,920.91 3,765.66
2013-03-31 7,659.98 15,920.91 6,074.72
2012-12-31 6,978.20 8,240.90 8,338.10
2012-09-30 6,978.20 8,240.90 8,338.10
2012-06-30 7,282.50 17,215.10 9,260.70
2012-03-31 7,282.46 17,215.10 2,156.18
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Dhanlaxmi Bank has an acceptable proportion of non-loan assets held.
  • Dhanlaxmi Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Dhanlaxmi Bank are broadly funded by customer deposits.
  • Dhanlaxmi Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Dhanlaxmi Bank has a sufficient allowance for bad loans without relevant financial data.
  • Dhanlaxmi Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Dhanlaxmi Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dhanlaxmi Bank has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Dhanlaxmi Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Dhanlaxmi Bank dividends.
If you bought ₹2,000 of Dhanlaxmi Bank shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Dhanlaxmi Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dhanlaxmi Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532180 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532180 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2013-01-25 0.000 0.000
2012-11-15 0.000 0.000
2012-08-06 0.000 0.000
2011-05-24 0.500 0.754
2011-04-25 0.500 0.404
2010-06-07 1.000 0.694
2010-05-11 1.000 0.667
2009-06-01 1.000 0.762
2009-04-29 1.000 1.355
2009-03-23 0.500 0.853

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Dhanlaxmi Bank has not reported any payouts.
  • Unable to verify if Dhanlaxmi Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dhanlaxmi Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dhanlaxmi Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Dhanlaxmi Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dhanlaxmi Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dhanlaxmi Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Dhanlaxmi Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
T. Latha
TENURE AS CEO 0.7 years
CEO Bio

Ms. T. Latha has been Managing Director and Chief Executive Officer of Dhanlaxmi Bank Limited since July 2, 2018. Ms. Latha has 35 years of banking experience with Punjab National Bank across a host of roles and responsibilities including Branch Management, Regional Management and National Level Credit Management handling a portfolio of approximately INR 40,000 crores. As a General Manager in Punjab National Bank, Ms. Latha was in charge of credit operations dealing with large corporate credits including consortium accounts of Rs 50 crore and above. As Deputy General Manager, Ms. Latha was in charge of Mumbai and Trichy circles of Punjab National Bank. She has handled Finance, Credit, Strategic Business Development, People Management, NPA Resolution and Audit and has received many awards across her 35 year career with Punjab National Bank. Ms. Latha is a MBA holder in finance and post graduate in MA literature. She has also passed the Limited Insolvency Exam and CAIIB.

CEO Compensation
  • Insufficient data for T. to compare compensation growth.
  • Insufficient data for T. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

T. Latha

TITLE
MD, CEO & Director
TENURE
0.7 yrs

A. Ramesh

TITLE
Chief Financial Officer
TENURE
0.5 yrs

N. Mohan

TITLE
Assistant General Manager of Finance & Accounts
COMPENSATION
₹94K
AGE
59

G. Kumar

TITLE
Head of Legal
COMPENSATION
₹374K
AGE
61

A. Rajan

TITLE
General Manager of HR & Recovery

C. Muraleedharan

TITLE
Regional Head - North
COMPENSATION
₹360K
AGE
62

P. Manikandan

TITLE
Chief General Manager
AGE
59

A. Sreeramulu

TITLE
Regional Head - Karnataka

P. Chandran

TITLE
Regional Head - Andhra Pradesh

John Varughese

TITLE
Regional Head - Tamilnadu
Board of Directors Tenure

Average tenure and age of the Dhanlaxmi Bank board of directors in years:

2.2
Average Tenure
62.5
Average Age
  • The average tenure for the Dhanlaxmi Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sajeev Krishnan

TITLE
Part-time Chairman
COMPENSATION
₹50K
AGE
62
TENURE
0.8 yrs

T. Latha

TITLE
MD, CEO & Director
TENURE
0.7 yrs

Chella Srinivasan

TITLE
Independent Director
COMPENSATION
₹450K
AGE
57
TENURE
5.8 yrs

K. R. Devi

TITLE
Additional Director
COMPENSATION
₹340K
AGE
68
TENURE
4.3 yrs

P. Sreekumar

TITLE
Independent Director
COMPENSATION
₹330K
AGE
62
TENURE
2.7 yrs

C. Gopinathan

TITLE
Non-Executive Director
COMPENSATION
₹420K
AGE
64
TENURE
2.6 yrs

S. Kannan

TITLE
Additional Director
TENURE
3.1 yrs

N. Sara Kumar

TITLE
Additional Director
TENURE
1.8 yrs

K. Murali

TITLE
Additional Independent Director
AGE
63
TENURE
0.8 yrs

M. Iyer

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Dhanlaxmi Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dhanlaxmi Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Dhanlaxmi Bank Limited provides various banking and financial services in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers deposit products, such as savings and current accounts, and term deposits; loans, including property, car, commercial, personal, education, and business loans, as well as loans against securities; and foreign exchange services comprising foreign currency cash, cheque deposits, foreign currency demand drafts, remittances, and foreign exchange cards. It also provides export and import services; credit products comprising industrial and trade advance, import export assistance, and agricultural assistance; corporate salary accounts; and cash management services, as well as life, health, car, travel, and house and shop insurance products. In addition, the company offers non-resident Indians (NRI) banking services, such as non-residential external accounts, non-resident ordinary accounts, recurring and term deposits, foreign currency non-resident fixed deposits, and resident foreign currency accounts, as well as money transfer services and NRI property loans; micro and agricultural banking, and financial planning services; and SME banking services, including working capital facilities, trade facilities, and capacity expansion services. Further, it provides credit, debit, and gift cards; and depository, online, and mobile banking services, as well as locker facilities. The company serves corporate and institutional clients; micro, small, and medium enterprises; and individuals, traders, contractors, businessmen, professionals, etc. As of March 31, 2018, it had 258 branches, 346 ATMs, 11 RPCs, CPC, and treasury. Dhanlaxmi Bank Limited was founded in 1927 and is headquartered in Thrissur, India.

Details
Name: Dhanlaxmi Bank Limited
532180
Exchange: BSE
Founded: 1927
₹4,642,771,741
253,012,084
Website: http://www.dhanbank.com
Address: Dhanlaxmi Bank Limited
Dhanalakshmi Buildings,
Naickanal,
Thrissur,
Kerala, 680001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532180 Equity Shares Mumbai Stock Exchange IN INR 28. Jun 2001
NSEI DHANBANK Equity Shares National Stock Exchange of India IN INR 28. Jun 2001
Number of employees
Current staff
Staff numbers
1,884
Dhanlaxmi Bank employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 12:38
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/01/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.