Dhanlaxmi Bank share price, P/E, ROE & financials

Dhanlaxmi Bank (DHANBANK) had a P/E of 9.2× on 6 Nov 2026, and the shares are 14% below their 52-week high. Net profit grew 28% a year over 3 years; its ROE of 9.5% 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 0.84× book value. It is a small-cap company with a market cap of ₹1,294 Cr, ranked 39th of 41 Banks (Regional) companies by market cap; the shares rose 28% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹32.80
Day high: ₹33.38
Day low: ₹32.15
Prev. close: ₹33.38
Volume: 6.2 L

Health check

3 good · 2 fair · 1 to check

ReturnsAhead
+27.7% over a year, better than 7 of 7 peers.
Price tagCheaper
P/B 0.84 vs peer median 1.78.
GrowthSteady
Profit +27.7% a year over 3 years.
ProfitabilityWeak
ROE 9.5% vs peer median 14.7%.
Balance sheetFair
Return on assets 0.67%. Bad-loan data isn’t covered.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Banks - Regional

40 listed peers. Screen the industry

Small cap

₹1,294 Cr, #39 of 41 in its industry by size.

Defensive

Beta 0.58 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹834 Cr · profit ₹141 Cr

Market cap: ₹1,294 Cr; Small cap
P/E: 9.2; Industry 9.2
Price to book: 0.84; Peers 1.78
Dividend yield: 0.00%
ROE: 9.5%; Peers 14.7%
ROCE: n/m; Not meaningful for lenders
Debt to equity: n/m; Not meaningful for lenders
EPS (TTM): ₹3.57; Face value ₹10
OPM (TTM): 27.9%; Net margin 16.9%
Sales growth: n/m; Not meaningful for lenders
Profit growth: +108.5%; Latest quarter vs a year ago
Price to sales: 1.55

Strengths

Quarterly profit up 108.5% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Dhanlaxmi Bank

Dhanlaxmi Bank Limited provides various banking and financial services in India. The company operates through Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business segments. It offers deposit products, including savings and current accounts, and term deposits; debit and credit cards; and loans comprising home, vehicle, commercial, education, green, and business loans, as well as loans against securities and properties. The…

Headquarters: Thrissur
Employees: 1,856
Sector: Financial Services
ISIN: INE680A01011
Website: dhan.bank.in

Price range

52 weeks

₹19.45₹37.99

Today

₹32.15₹33.38

Avg volume (3M): 17.4 L
1-year return: plus 27.7%
From 52-week high: minus 13.7%

Peers · Banks - Regional

Bank and NBFC columns

Compare with peers Screen the whole industry

Company
HDFCBANKHDFC Bank	788.25	plus 3.72%	12,16,451	17.2	2.00	11.0%	1.7%	12.5%	1.65%	minus 22.9%
ICICIBANKICICI Bank	1,571.20	plus 4.75%	11,28,255	19.3	2.89	16.5%	2.1%	16.8%	0.76%	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%	1.70%	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%	2.37%	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%	2.67%	plus 24.1%
DHANBANKDhanlaxmi Bank	32.78	minus 1.80%	1,294	9.2	0.84	9.5%	0.7%	27.7%	0.00%	plus 27.7%
Median of 7 peers	–	2.78%	4,77,498	13.8	1.78	14.7%	1.6%	16.8%	1.65%	5.1%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
178	203	256	213	235
229	253	256	272	283
12.2	23.9	79	35.5	64.1
–	–	44.9%	29.9%	24.3%
12.2	23.9	43.5	24.9	48.6
0.31	0.61	1.10	0.63	1.23

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Profit CAGR 3Y: +27.7%
EPS CAGR 3Y: +18.0%
ROE: 9.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
550	581	636	787
–	+5.7%	+9.5%	+23.9%
595	749	837	979
21.1	25.1	25.3	30
0.8	0.3	0.2	0.1
31.6	70.5	71.6	138
−56.1%	18.0%	7.0%	25.7%
49.4	57.8	66.6	103
–	+17.1%	+15.3%	+54.2%
1.58	1.79	2.37	2.60

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
253	253	395	395
708	777	1,001	1,079
492	299	200	537
13,679	14,633	16,342	19,227
15,132	15,962	17,937	21,238
258	274	282	290
6.7	7.8	15.1	6.5
3,889	3,942	3,955	4,257
1,102	1,212	1,258	1,263
9,877	10,526	12,427	15,421
15,132	15,962	17,937	21,238

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
216	17.3	−4.8	631
−106	111	−32.3	−790
–	–	142	150
111	128	105	−8
−35.2	−41.9	−32.6	−33.5
181	−24.6	−37.4	598

Shareholding pattern

Source: NSE filings

0.0%

promoters

Public100.00%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	0.00%	100.00%	0.00
30 Jun 2026	0.00%	100.00%	0.00
31 Mar 2026	0.00%	100.00%	0.00
31 Dec 2025	0.00%	100.00%	0.00
30 Sep 2025	0.00%	100.00%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you