As of 6 Nov 2026, Bandhan Bank trades at 14.3× trailing earnings, and the shares are 25% below their 52-week high. Net profit fell 18% a year over 3 years; its ROE of 7.3% is the lowest among the 7 largest Banks (Regional) peers. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 1.00× book value and its dividend yield is 0.9%. It is a small-cap company with a market cap of ₹26,584 Cr, ranked 24th of 41 Banks (Regional) companies by market cap; the shares rose 3.6% over the past year.
- ₹160.00
- ₹166.91
- ₹156.93
- ₹161.75
- 1 Cr
Health check
- ReturnsBehind
+3.6% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/B 1.00 vs peer median 1.78.
- GrowthShrinking
Profit −17.7% a year over 3 years.
- ProfitabilityWeak
ROE 7.3% vs peer median 14.7%.
- Balance sheetFair
Return on assets 0.91%. Bad-loan data isn’t covered.
- Red flags2 to check
Return on equity is low at 7.3%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹26,584 Cr
- Small cap
- P/E
- 14.3
- Industry 9.2
- Price to book
- 1.00
- Peers 1.78
- Dividend yield
- 0.93%
- ROE
- 7.3%
- Peers 14.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹11.56
- Face value ₹10
- OPM (TTM)
- 28.5%
- Net margin 17.1%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +459.4%
- Latest quarter vs a year ago
- Price to sales
- 2.44
Strengths and risks
Strengths
- Quarterly profit up 459.4% on a year ago.
Risks to check
- Return on equity is low at 7.3%.
- Promoter stake down from 40.3% to 37.0%.
About Bandhan Bank
Bandhan Bank Limited provides banking and financial services for personal and business customers in India. The company operates through Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business segments. It accepts term, fixed, and recurring deposits; and offers savings, salary, and current accounts. The company also provides home, gold, personal, two-wheeler, and car loans; loans against property; loan/overdraft against term…
- Headquarters
- Kolkata
- Employees
- 75,000
- Sector
- Financial Services
- ISIN
- INE545U01014
- Website
- bandhan.bank.in
Price range
- Avg volume (3M)
- 1.1 Cr
- 1-year return
- plus 3.6%
- From 52-week high
- minus 25.3%
Analyst consensus
Next results expected around 21 Jan 2027
Peers · Banks - Regional
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HDFCBANKHDFC Bank | 788.25 | plus 3.72% | 12,16,451 | 17.2 | 2.00 | 11.0% | 1.7% | 12.5% | 1.71% | minus 22.9% |
| ICICIBANKICICI Bank | 1,571.20 | plus 4.75% | 11,28,255 | 19.3 | 2.89 | 16.5% | 2.1% | 16.8% | 0.80% | plus 12.2% |
| SBINState Bank of India | 1,018.50 | plus 1.20% | 9,40,138 | 10.4 | 1.40 | 14.7% | 1.2% | 14.4% | 1.72% | plus 5.1% |
| KOTAKBANKKotak Mahindra Bank | 480.00 | plus 2.78% | 4,77,498 | 22.2 | 2.45 | 11.8% | 2.1% | 8.9% | 0.14% | plus 11.4% |
| AXISBANKAxis Bank | 1,322.90 | plus 3.35% | 4,11,985 | 13.8 | 1.78 | 13.9% | 1.6% | 34.6% | 0.08% | plus 4.4% |
| PNBPunjab National Bank | 126.55 | plus 0.36% | 1,45,443 | 6.4 | 0.90 | 15.1% | 1.1% | 76.4% | 2.38% | plus 2.3% |
| UNIONBANKUnion Bank of India | 187.00 | minus 0.53% | 1,42,748 | 6.5 | 1.00 | 16.3% | 1.4% | 31.7% | 2.66% | plus 24.1% |
| BANDHANBNKBandhan Bank | 165.00 | plus 2.01% | 26,584 | 14.3 | 1.00 | 7.3% | 0.9% | −17.7% | 0.93% | plus 3.6% |
| Median of 7 peers | – | 2.78% | 4,77,498 | 13.8 | 1.78 | 14.7% | 1.6% | 16.8% | 1.71% | 5.1% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 3,483 | 3,379 | 3,566 | 3,524 | 3,665 | |
| 2,718 | 2,743 | 2,633 | 2,710 | 2,793 | |
| 70 | – | – | – | – | |
| 521 | 290 | 764 | 676 | 839 | |
| 28.7% | 29.2% | 30.1% | 25.7% | 25.9% | |
| 372 | 206 | 534 | 502 | 622 | |
| 2.31 | 1.28 | 3.31 | 3.11 | 3.86 |
Profit & loss
- Profit CAGR 3Y
- −17.7%
- EPS CAGR 3Y
- −17.7%
- ROE
- 7.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11,722 | 12,486 | 14,457 | 13,564 | |
| – | +6.5% | +15.8% | minus 6.2% | |
| 6,645 | 8,551 | 10,458 | 10,859 | |
| 143 | 238 | 279 | 304 | |
| 1,041 | 107 | 8.2 | 8.4 | |
| 2,893 | 2,943 | 3,623 | 1,734 | |
| 24.1% | 24.2% | 24.2% | 29.4% | |
| 2,195 | 2,230 | 2,745 | 1,224 | |
| – | +1.6% | +23.1% | minus 55.4% | |
| 13.62 | 13.84 | 17.04 | 7.59 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,611 | 1,611 | 1,611 | 1,611 | |
| 17,973 | 19,999 | 22,994 | 23,964 | |
| 24,711 | 16,372 | 11,138 | 14,303 | |
| 1,11,742 | 1,39,860 | 1,55,733 | 1,71,246 | |
| 1,56,037 | 1,77,842 | 1,91,476 | 2,11,124 | |
| 855 | 1,173 | 1,180 | 1,401 | |
| 346 | 214 | 325 | 470 | |
| 32,366 | 29,288 | 40,712 | 38,668 | |
| 15,047 | 22,415 | 14,069 | 16,725 | |
| 1,07,424 | 1,24,751 | 1,35,189 | 1,53,859 | |
| 1,56,037 | 1,77,842 | 1,91,476 | 2,11,124 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −4,245 | 14,808 | 2,752 | 1,143 | |
| −1,618 | 1,691 | −3,879 | 317 | |
| 4,791 | −8,579 | −5,475 | 2,923 | |
| −1,071 | 7,921 | −6,601 | 4,382 | |
| −412 | −557 | −288 | −529 | |
| −4,657 | 14,251 | 2,464 | 614 | |
| – | −242 | −242 | −242 |
Shareholding pattern
- Promoters37.00%
- Public63.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 37.00% | 63.00% | minus 0.54 | |
| 30 Jun 2026 | 37.54% | 62.46% | minus 1.44 | |
| 31 Mar 2026 | 38.98% | 61.02% | minus 0.76 | |
| 31 Dec 2025 | 39.74% | 60.26% | minus 0.55 | |
| 30 Sep 2025 | 40.29% | 59.71% | – |
Major shareholders
Filings & events
News
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