BANDHANBNK

BANDHAN BANK

Large Cap BSE: 541153 NSE: BANDHANBNK
₹274.05
4.05 (1.5%)
As on 07 October, 2022 | 04:12

Bandhan Bank Share Price

Bandhan Bank Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Start SIP in BANDHAN BANK

Start SIP

Bandhan Bank Share Returns

  • Over 1 Month -3.04%
  • Over 3 Month -1.31%
  • Over 6 Month -13%
  • Over 1 Year -10.34%

Bandhan Bank Key Statistics

P/E Ratio 69.1
PEG Ratio -1
Market Cap Cr 44,145
Price to Book Ratio 2.5
EPS 0.8
Dividend 0
Relative Strength Index 47.97
Money Flow Index 29.24
MACD Signal -3.95
Average True Range 10.13

Bandhan Bank Investment Rating

  • Master Rating:
  • Bandhan Bank has an operating revenue of Rs. 17,014.48 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 1% needs improvement, ROE of 0% is poor and needs improvement. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bandhan Bank Financials
IndicatorJun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 4,0553,8723,4093,1813,4103,001
Operating Expenses Qtr Cr 1,023983887878776815
Operating Profit Qtr Cr 1,4911,5571,2381,0581,338942
Depreciation Qtr Cr 000000
Interest Qtr Cr 1,5411,3321,2841,2451,2961,244
Tax Qtr Cr 292614285-1,02012332
Net Profit Qtr Cr 8871,902859-3,009373103

Bandhan Bank Technicals

EMA & SMA

Current Price
274.05
4.05 (1.5%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 275.33
  • 50 Day
  • 280.99
  • 100 Day
  • 286.03
  • 200 Day
  • 294.82
  • 20 Day
  • 280.99
  • 50 Day
  • 280.55
  • 100 Day
  • 290.09
  • 200 Day
  • 295.02

Bandhan Bank Resistance and Support

PIVOT
₹269.5
Resistance
First Resistance 274
Second Resistance 278
Third Resistance 282.5
RSI 47.97
MFI 29.24
MACD Single Line -3.95
MACD -5.34
Support
First Resistance 265.5
Second Resistance 261
Third Resistance 257

Bandhan Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,507,310 257,852,254 46.82
Week 6,401,677 232,636,951 36.34
1 Month 9,308,562 344,602,974 37.02
6 Month 8,559,721 284,097,144 33.19

Bandhan Bank Result Highlights

Bandhan Bank Synopsis

NSE-Banks-Money Center

Bandhan Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 13871.12 Cr. and Equity Capital is Rs. 1610.77 Cr. for the Year ended 31/03/2022. Bandhan Bank Ltd. is a Public Limited Listed company incorporated on 23/12/2014 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L67190WB2014PLC204622 and registration number is 204622.
Market Cap 44,144
Sales 17,014
Shares in Float 96.65
No of funds 641
Yield 0.38
Book Value 2.54
U/D Vol ratio 0.9
LTDebt / Equity 115
Alpha -0.04
Beta 1.26

Bandhan Bank

Owner NameJun-22Mar-22Dec-21
Promoters 39.99%39.99%39.99%
Mutual Funds 6.73%4.19%1.88%
Foreign Portfolio Investors 35.64%34.31%34.6%
Financial Institutions/ Banks
Individual Investors 5.77%6.17%7.38%
Others 11.87%15.34%16.15%

Bandhan Bank Management

Name Designation
Dr. Anup Kumar Sinha Non Exe.Ind.Chairman
Mr. Chandra Shekhar Ghosh Managing Director & CEO
Mr. Suhail Chander Independent Director
Ms. Thekedathumadam Subramani Raji Gain Independent Director
Dr. Allamraju Subramanyu Ramasastri Independent Director
Mr. N V P Tendulkar Independent Director
Mr. Vijay N Bhatt Independent Director
Mr. Santanu Mukherjee Independent Director
Mr. Subrata Dutta Gupta Independent Director
Dr. Aparajita Mitra Independent Director
Mr. Philip Mathew Independent Director
Dr. Holger Dirk Michaelis Nominee Director
Mr. Divya Krishnan Nominee Director

Bandhan Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bandhan Bank Corporate Action

Date Purpose Remarks
2022-07-22 Quarterly Results
2022-05-13 Audited Results & Final Dividend
2022-01-21 Quarterly Results
2021-10-29 Quarterly Results
2021-07-30 Quarterly Results

Bandhan Bank MF Shareholding

Name Amount(cr)
Kotak Equity Arbitrage Fund Growth 23310
Aditya Birla Sun Life Frontline Equity Fund Growth 22210
SBI Flexicap Fund Regular Growth 16208
Aditya Birla Sun Life Tax Relief 96 Pyt of Inc Dis cum Cap Wdrl 14201
Nippon India Growth Fund - Growth 13225

About Company

Bandhan Bank is an established commercial banking company. The company is engaged in providing banking and financial services to underbanked and underpenetrated markets. It is a public company which offers total banking products and services to urban, semi-urban and rural customers. Bandhan Bank is doing its business activities in 34 states and union territories of India.

The company was incorporated as a wholly-owned subsidiary of Bandhan Financial Holdings Limited on December 23, 2014. Headquartered in Kolkata, Bandhan Bank is currently serving more than 2.63 crores of customers with 5,639 banking outlets pan-India.

The main focus of the bank is to meet the financial needs of people who are dependent on the formal banking system and to create better health care, education, and self-employment.

Products/Revenue of Bandhan Bank includes -
Treasury 
Retail banking 
Corporate or wholesale banking 

In Treasury Bandhan Bank provides trading operations, central funding units, and investments in sovereign securities.

In retail banking, Bandhan Bank provides lending money to individuals or small businesses through the delivery channel. The segment also includes Internet banking, Automated teller machines (ATM), etc.

Corporate relationships are included in Corporate or wholesale banking.

The services of Bandhan Bank include fixed deposits, Credit cards, Home loans, Personal loans, Insurance, Mutual Funds, etc. Bandhan is mainly focused on micro-entrepreneurs, MSMEs, Housing Finance, and Retail Asset. 

Bandhan Bank is listed both on NSE and BSE (National Stock Exchange and Bombay Stock Exchange). On the day of its debut, the stock opened at the price of Rs 487.33 and closed at Rs 476.85 on NSE.

History of Bandhan Bank

The story started in the 1990s when small traders of Kolkata used to face problem to grow their businesses. The problem was high-interest loans from traditional moneylenders. Money lenders were charging a high rate of interest at that point in time and when Chandra Shekhar observed this, he decided to help all of those small traders and that led to Bandhan, a microfinance institution providing loans to small traders and the poor.

2001 

Bandhan was started as a society and began its microfinance operations for the rural people of Bengal.

2006
 
Established Bandhan Financial Services Private Limited by acquiring an NBFC

2009

Transferred microfinance portfolio from society to NBFC

2015
    
Bandhan began its operations as a universal bank and it also became the first microfinance company to get a universal banking license

2018 

On the day of listing, Bandhan became the 8th largest bank in India by market capitalisation.

2019

Acquired the stake of HDFC Ltd in GRUH finance.

2020

Bandhan bank set up its 1000th bank branch and 4000th banking outlet.
 

Other details :

Bandhan Bank Ltd has over Rs 96,931 crores as a mobilised deposit and over Rs 99,338 crores as its total advances as of 31 March 2022

Products - Insurance, Banking, Investment Management, Mortgage loans, Mutual funds

Number of Employees - 60,211 

Service available - India

Headquarter - Kolkata (West Bengal)

Founder - Chandra Shekhar Ghosh

73% of the banking branches of Bandhan are situated in rural and semi-urban parts of India.

Auditor - Deloitte Haskins & Sells
 

Bandhan Bank FAQs

What is Share Price of Bandhan Bank ?

Bandhan Bank share price is ₹274 As on 07 October, 2022 | 03:58

What is the Market Cap of Bandhan Bank ?

The Market Cap of Bandhan Bank is ₹44144.5 Cr As on 07 October, 2022 | 03:58

What is the P/E ratio of Bandhan Bank ?

The P/E ratio of Bandhan Bank is 69.1 As on 07 October, 2022 | 03:58

What is the PB ratio of Bandhan Bank ?

The PB ratio of Bandhan Bank is 2.5 As on 07 October, 2022 | 03:58

Is it a good time to invest in Bandhan Bank Limited?

Several analysts and brokers are recommending 'hold' and 'buy' on Bandhan Bank. Bandhan Bank has an operating revenue of Rs.15,264.92 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 20% is great.

How many times have Bandhan Bank Limited given dividends since 2018?

Bandhan Bank Ltd. has declared 3 dividends since July 12, 2018.

What is the stock price CAGR of Bandhan Bank Limited?

The stock price CAGR of Bandhan Bank Limited for 3 Years is -13% and for 1 Year is -21%.

What is the ROE of Bandhan Bank Limited?

The ROE of Bandhan Bank Limited is 12% which is good.

Who is the CEO of Bandhan Bank Limited?

Mr. Chandra Shekhar Ghosh is the CEO & MD of Bandhan Bank Limited since 9 July 2015.

What are the key metrics to analyse Bandhan Bank share price?

Key metrics to analyse Bandhan bank are Price to Book value ratio, Price to Book value and Return on equity.
 

Who are the peers to compare Bandhan Bank?

The top 5 peers are as follows:

  • IndusInd Bank Ltd
  • IDFC First Bank Ltd
  • City Union Bank Ltd
  • Federal Bank Ltd
  • Karur Vysya Bank Ltd

How to buy the shares of Bandhan Bank?

An investor can buy the shares of Bandhan Bank by creating Demat A/c with 5Paisa Capital Ltd. However, it is advisable to apply due diligence before investing in stocks.

Q1FY23