Dhanlaxmi Bank Limited provides various banking and financial services in India.
Adequate balance sheet and fair value.
Share Price & News
How has Dhanlaxmi Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532180 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532180 underperformed the Indian Banks industry which returned 9.6% over the past year.
Return vs Market: 532180 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Dhanlaxmi Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Dhanlaxmi Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 532180's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 532180's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 532180 is good value based on its PE Ratio (3.8x) compared to the Banks industry average (18.8x).
PE vs Market: 532180 is good value based on its PE Ratio (3.8x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532180's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532180 is good value based on its PB Ratio (0.4x) compared to the IN Banks industry average (0.6x).
How is Dhanlaxmi Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
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 SimplyWall St do have past financial data.
- Examine whether Dhanlaxmi Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Dhanlaxmi Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Dhanlaxmi Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532180 has a high level of non-cash earnings.
Growing Profit Margin: 532180 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 532180 has become profitable over the past 5 years, growing earnings by 59.7% per year.
Accelerating Growth: 532180 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 532180 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).
Return on Equity
High ROE: 532180's Return on Equity (11.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Dhanlaxmi Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 532180 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 532180's debt is covered by short term assets (assets are 4.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 532180 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 532180 is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: 532180's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 532180 has a sufficient allowance for bad loans.
Low Risk Liabilities: 532180's liabilities are made up of primarily low risk sources of funding.
Loan Level: 532180 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 532180's loans are broadly funded by customer deposits.
Level of Bad Loans: 532180 has a high level of bad loans (7.48%)
What is Dhanlaxmi Bank's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 532180's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532180's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 532180's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532180's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 532180 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532180's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dhanlaxmi Bank has no CEO, or we have no data on them.
|Part-time Chairman||1.8yrs||₹640.00k||no data|
|Additional Director||0.3yrs||no data||no data|
|Additional Director||4yrs||no data||no data|
|Non-Executive Independent Director||1.7yrs||₹410.00k||no data|
|Independent Director||6.8yrs||₹560.00k||0.000080% ₹2.8k|
|Non-Executive Independent Director||5.3yrs||₹590.00k||0.000080% ₹2.8k|
|Non-Independent Director||0.9yrs||₹100.00k||10% ₹348.9m|
|Non-Executive Director||3.5yrs||₹600.00k||7.5% ₹261.6m|
Experienced Board: 532180's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dhanlaxmi Bank Limited's company bio, employee growth, exchange listings and data sources
- Name: Dhanlaxmi Bank Limited
- Ticker: 532180
- Exchange: BSE
- Founded: 1927
- Industry: Regional Banks
- Sector: Banks
- Market Cap: ₹3.489b
- Shares outstanding: 253.01m
- Website: https://www.dhanbank.com
Number of Employees
- Dhanlaxmi Bank Limited
- Dhanalakshmi Buildings
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532180||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2001|
|DHANBANK||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2001|
Dhanlaxmi Bank Limited provides various banking and financial services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business 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; and micro and agricultural banking, and financial planning services. Further, it provides SME banking services, including working capital facilities, trade facilities, and capacity expansion services; credit, debit, and gift cards; and investment, depository, and online banking services, as well as locker facilities. As of March 31, 2019, it had 250 branches and 346 ATMs. Dhanlaxmi Bank Limited was founded in 1927 and is headquartered in Thrissur, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 12:44|
|End of Day Share Price||2020/02/14 00:00|
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.