Dhanlaxmi Bank Ltd
Dhanlaxmi Bank Ltd was Incorporated in 1927 in Thrissur, Kerala is a publicly held banking company engaged in providing a wide range of banking and financial services including retail banking, corporate banking, and treasury operations with a major concentration in Southern states. [1]
- Market Cap ₹ 1,125 Cr.
- Current Price ₹ 44.4
- High / Low ₹ 59.0 / 16.2
- Stock P/E 12.2
- Book Value ₹ 38.0
- Dividend Yield 0.00 %
- ROCE 4.56 %
- ROE 5.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.18 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.12% over past five years.
- Tax rate seems low
- Company has a low return on equity of 4.57% over last 3 years.
- Contingent liabilities of Rs.968 Cr.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1,394 | 1,308 | 1,292 | 1,284 | 1,204 | 1,089 | 1,013 | 971 | 988 | 931 | 917 | 1,071 | 1,175 |
Interest | 1,146 | 1,032 | 1,012 | 985 | 900 | 757 | 668 | 625 | 614 | 601 | 554 | 595 | 706 |
476 | 383 | 574 | 607 | 566 | 410 | 460 | 377 | 407 | 399 | 476 | 480 | 537 | |
Financing Profit | -229 | -107 | -294 | -308 | -261 | -78 | -114 | -30 | -34 | -70 | -113 | -4 | -69 |
Financing Margin % | -16% | -8% | -23% | -24% | -22% | -7% | -11% | -3% | -3% | -7% | -12% | -0% | -6% |
144 | 114 | 73 | 85 | 77 | 111 | 102 | 53 | 113 | 122 | 169 | 75 | 149 | |
Depreciation | 29 | 31 | 31 | 18 | 25 | 20 | 13 | 11 | 13 | 15 | 20 | 21 | 0 |
Profit before tax | -115 | -23 | -252 | -241 | -209 | 12 | -25 | 12 | 66 | 37 | 36 | 49 | 80 |
Tax % | -1% | 111% | -0% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-116 | 3 | -252 | -241 | -209 | 12 | -25 | 12 | 66 | 37 | 36 | 49 | 93 | |
EPS in Rs | -13.58 | 0.31 | -20.00 | -13.61 | -11.80 | 0.59 | -0.98 | 0.46 | 2.60 | 1.47 | 1.42 | 1.95 | 3.67 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | 1% |
3 Years: | 3% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 32% |
3 Years: | -10% |
TTM: | 168% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 17% |
3 Years: | 47% |
1 Year: | 166% |
Return on Equity | |
---|---|
10 Years: | -7% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 85 | 85 | 126 | 177 | 177 | 210 | 253 | 253 | 253 | 253 | 253 | 253 |
Reserves | 643 | 681 | 610 | 546 | 331 | 445 | 496 | 508 | 574 | 611 | 647 | 708 |
13,526 | 12,794 | 13,469 | 13,323 | 11,606 | 11,439 | 11,312 | 10,804 | 11,082 | 11,862 | 12,553 | 13,844 | |
422 | 269 | 482 | 305 | 349 | 240 | 225 | 234 | 357 | 370 | 343 | 327 | |
Total Liabilities | 14,676 | 13,830 | 14,688 | 14,352 | 12,463 | 12,333 | 12,286 | 11,799 | 12,265 | 13,096 | 13,796 | 15,132 |
139 | 125 | 199 | 184 | 152 | 183 | 173 | 169 | 179 | 225 | 221 | 251 | |
CWIP | 9 | 10 | 13 | 19 | 27 | 31 | 31 | 33 | 35 | 0 | 0 | 7 |
Investments | 4,360 | 4,509 | 4,482 | 4,497 | 3,792 | 4,194 | 4,365 | 4,037 | 3,682 | 4,439 | 4,044 | 3,889 |
10,168 | 9,184 | 9,993 | 9,652 | 8,492 | 7,925 | 7,718 | 7,560 | 8,369 | 8,433 | 9,531 | 10,986 | |
Total Assets | 14,676 | 13,830 | 14,688 | 14,352 | 12,463 | 12,333 | 12,286 | 11,799 | 12,265 | 13,096 | 13,796 | 15,132 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | -113 | 649 | -605 | -298 | -99 | -203 | -144 | 554 | -90 | 139 | 216 | |
-43 | -19 | -24 | -10 | -9 | -11 | -3 | -10 | -25 | -27 | -388 | -106 | |
4 | 143 | 114 | 230 | -150 | 84 | 270 | -95 | -23 | -28 | 0 | 0 | |
Net Cash Flow | -9 | 11 | 738 | -385 | -457 | -26 | 64 | -248 | 506 | -144 | -249 | 111 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | -15% | 0% | -34% | -33% | -34% | 2% | -4% | 2% | 8% | 4% | 4% | 5% |
Documents
Announcements
- Compliance Of Reg.40(9) Of The SEBI (Listing Obligations And Disclosure Requirements )Regulations, 2015 2d
- Compliance Of Reg.7(3) Of The SEBI (LODR) Regulations ,2015 For The Period Ended March 31,2024 2d
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Approval Of Reserve Bank Of India ('RBI') For Appointment Of Shri. Ajith Kumar K.K As Managing Director & CEO Of The Bank 19 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate As per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018
- Business Updates For The Quarter Ended March 31, 2024 2 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Business Segments
The bank provides its services through its primary 4 segments i.e Treasury operations, corporate wholesale banking Retail Banking & other banking business. [1]