ScoreWhy is Dhanlaxmi Bank Ltd ?
1
Strong Long Term Fundamental Strength with a 22.54% CAGR growth in Net Profits
2
Healthy long term growth as Net profit has grown by an annual rate of 22.54%
3
With a growth in Operating Profit of 193.87%, the company declared Outstanding results in Mar 26
- The company has declared positive results for the last 6 consecutive quarters
- NII(Q) Highest at Rs 187.05 cr
- CREDIT DEPOSIT RATIO(HY) Highest at 80.02%
- INTEREST EARNED(Q) Highest at Rs 443.05 cr
4
With ROA of 0.5, it has a Very Attractive valuation with a 0.9 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 23.84%, its profits have risen by 54.2% ; the PEG ratio of the company is 0.2
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Dhanlaxmi Bank should be less than 10%
- Overall Portfolio exposure to Private Sector Bank should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Private Sector Bank)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dhanlaxmi Bank for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Dhanlaxmi Bank
23.84%
0.71
33.37%
Sensex
-3.33%
-0.25
13.43%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Net Interest Income Growth (5y)
11.58%
Net Profit Growth (5y)
22.54%
Advance to Deposit
72.37%
Capital Adequacy Ratio (Tier 1)
13.32%
Gross NPA (latest)
1.89%
Gross NPA (avg)
4.09%
Coverage Ratio (avg)
69.28%
Cost to Income (avg)
79.82%
Net Interest Margin (avg)
3.32%
Operating Profit to Assets (avg)
4.10%
ROA (avg)
0.54%
Net Debt to Equity (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Price to Book Value
0.90
PEG Ratio
0.24
Dividend Yield
NA
ROE (Latest)
6.97%
ROA (Latest)
0.48%
Net NPA to Book Value
5.12
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend32What is working for the Company
NII(Q)
Highest at Rs 187.05 cr
CREDIT DEPOSIT RATIO(HY)
Highest at 80.02%
INTEREST EARNED(Q)
Highest at Rs 443.05 cr
GROSS NPA(Q)
Lowest at 1.89%
PBDIT(Q)
Highest at Rs 44.38 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 10.02%
PBT LESS OI(Q)
Highest at Rs 9.67 cr.
PAT(Q)
Highest at Rs 43.49 cr.
EPS(Q)
Highest at Rs 1.10
NET NPA(Q)
Lowest at 0.51%
-1What is not working for the Company
NON-OPERATING INCOME(Q)
is 87.75 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Dhanlaxmi Bank
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 9.67 cr has Grown at 160.78%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Interest Income (Quarterly)
Highest at Rs 187.05 cr and Grown
each quarter in the last five quartersMOJO Watch
The bank's income from core business is increasing
Net Interest Income (Rs Cr)
Interest Earned - Quarterly
Highest at Rs 443.05 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Interest Earned (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 43.49 cr has Grown at 50.1%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Gross NPA - Quarterly
Lowest at 1.89%
in the last five quartersMOJO Watch
Proportion of stressed loans given by the bank are falling
Gross NPA (%)
Credit Deposit Ratio - Half Yearly
Highest at 80.02% and Grown
in the last four periodsMOJO Watch
Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets
Credit Deposit Ratio (%)
Interest Earned - Quarterly
At Rs 443.05 cr has Grown at 26.36%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Interest Earned (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 44.38 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 10.02%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 9.67 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 43.49 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 1.10
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Net NPA - Quarterly
Lowest at 0.51%
in the last five quartersMOJO Watch
Proportion of stressed loans given by the bank are falling
Net NPA (%)
CAR - Quarterly
Highest at 18.92%
in the last five quartersMOJO Watch
The Bank's capital base vs its risk assets is improving. However, the bank may not be taking adequate risk in its lending book.
CAR (%)
Here's what is not working for Dhanlaxmi Bank
Non Operating Income - Quarterly
is 87.75 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 69.29 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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