Dhanlaxmi Bank Limited (DHANBANK) AI Stock Analysis

• Market Cap: ₹10.31B
• Dividend Yield: N/A
• Average Volume (3M): 86.61K
• Price to Earnings (P/E): 10.3
• Beta (1Y): 1.24
• Revenue Growth: 13.23%
• EPS Growth: 226.69%
• Country: IN
• Employees: 1,686
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.59
• Shares Outstanding: 394,698,850
• 10 Day Avg. Volume: 68,118
• 30 Day Avg. Volume: 86,615
• PEG Ratio: 0.48
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 1.38
• P/FCF Ratio: -0.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ₹28.00 ▲(12.36% Upside)

Dhanlaxmi Bank's overall stock score is driven by a stable balance sheet and reasonable valuation, but is negatively impacted by liquidity challenges and bearish technical indicators. The lack of earnings call and corporate events data limits further insights.

Dhanlaxmi Bank Limited Business Overview & Revenue Model

Company Description

Dhanlaxmi Bank Limited, commonly referred to as DHANBANK, is a private sector bank in India that provides a range of financial products and services. Established in 1927, the bank operates in various sectors including retail banking, corporate banking, and treasury operations. Its core offerings include savings and current accounts, fixed deposits, personal loans, home loans, business loans, and various investment products, catering to both individual and corporate clients.

How the Company Makes Money

Dhanlaxmi Bank generates revenue primarily through interest income from loans and advances provided to customers, which constitutes a significant portion of its earnings. The bank also earns income from non-interest sources such as fees and commissions on various banking services, including account maintenance fees, transaction fees, and charges for additional services like locker facilities. Investment in government securities and bonds also contributes to the bank's income through interest earnings. Furthermore, Dhanlaxmi Bank may engage in partnerships with financial institutions and fintech companies to enhance its service offerings and expand its customer base, which can lead to additional revenue streams.

Dhanlaxmi Bank Limited Financial Statement Overview

Summary

Dhanlaxmi Bank's financial performance is mixed. The income statement shows strong gross margins but declining revenue and profitability. The balance sheet is stable with low leverage, but profitability metrics have weakened. Cash flow statements highlight liquidity challenges, with negative cash flows raising concerns. Overall, while the bank maintains a solid capital structure, it faces significant revenue and cash flow pressures that need addressing for sustainable growth.

Income Statement

Dhanlaxmi Bank's income statement shows a mixed performance. The gross profit margin remains strong at 100%, indicating efficient cost management. However, the net profit margin has decreased to 10.59% in 2025 from 13.35% in 2020, reflecting declining profitability. The revenue growth rate is concerning, with a significant drop of 49.13% in 2025, suggesting challenges in revenue generation. The EBIT and EBITDA margins are stable but have seen slight declines, indicating pressure on operational efficiency.

Balance Sheet

The balance sheet of Dhanlaxmi Bank reflects a stable financial position with a low debt-to-equity ratio of 0.14 in 2025, indicating conservative leverage. The return on equity has decreased to 4.78% from 7.95% in 2020, showing reduced profitability for shareholders. The equity ratio remains healthy, suggesting a strong capital base. Overall, the bank maintains a solid balance sheet with manageable debt levels.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating cash flow of -17.28 billion and free cash flow of -17.61 billion in 2025, indicating liquidity issues. The free cash flow growth rate is negative, highlighting cash flow constraints. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is slightly above 1, indicating some alignment between cash flow and earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	13.30B	6.29B	6.11B	4.59B	10.86B	4.09B
Gross Profit	6.87B	6.29B	5.81B	5.50B	4.34B	4.52B
EBITDA	918.00M	969.50M	955.49M	704.70M	559.21M	525.21M
Net Income	868.20M	666.40M	578.22M	493.60M	359.04M	371.88M
Balance Sheet
Total Assets	187.00B	179.37B	159.62B	151.32B	137.96B	130.97B
Cash, Cash Equivalents and Short-Term Investments	12.84B	10.80B	12.12B	11.02B	10.01B	12.53B
Total Debt	4.20B	2.00B	2.99B	4.92B	1.50B	1.50B
Total Liabilities	172.95B	165.42B	149.32B	141.71B	128.96B	122.32B
Stockholders Equity	14.05B	13.95B	10.30B	9.61B	9.00B	8.64B
Cash Flow
Free Cash Flow	0.00	-17.61B	-1.23B	1.81B	-2.49B	-1.17B
Operating Cash Flow	0.00	-17.28B	-807.70M	2.16B	-2.33B	-902.52M
Investing Cash Flow	0.00	-323.00M	1.11B	-1.06B	-158.73M	-266.20M
Financing Cash Flow	0.00	18.65B	9.39B	9.49B	6.91B	-275.00M

Dhanlaxmi Bank Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.92
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DHANBANK, the sentiment is Negative. The current price of 24.92 is below the 20-day moving average (MA) of 26.06, below the 50-day MA of 25.79, and below the 200-day MA of 27.25, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 50.07 is Neutral, neither overbought nor oversold. The STOCH value of 35.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DHANBANK.

Dhanlaxmi Bank Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAPITALSFB	72 Outperform	₹12.41B	9.17	―	1.90%	13.76%	11.77%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
DHANBANK	64 Neutral	₹10.31B	10.32	―	―	13.23%	226.69%
UTKARSHBNK	53 Neutral	₹35.45B	―	―	2.13%	12.40%	-166.78%
ESAFSFB	45 Neutral	₹14.36B	―	―	2.51%	-4.34%	-285.53%