Dhanlaxmi Bank Share PriceDhanlaxmi Bank

₹28.9
-0.1 (-0.34%)
As on 23 September, 2023 | 00:22 BSE: 532180 NSE: DHANBANKISIN: INE680A01011

Dhanlaxmi Bank Performance

Day Range

  • Low 27.9
  • High 29.65
28.9

52 Week Range

  • Low 11.35
  • High 33.8
28.9
  • Open Price29
  • Previous Close29
  • Volume6157344

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Dhanlaxmi Bank Share Price

  • Over 1 Month 21.68%
  • Over 3 Month 71.51%
  • Over 6 Month 92.67%
  • Over 1 Year 134.01%

Dhanlaxmi Bank Key Statistics

P/E Ratio 7
PEG Ratio 0
Market Cap Cr 731
Price to Book Ratio 0.8
EPS 1.9
Dividend 0
Relative Strength Index 68.24
Money Flow Index 84.64
MACD Signal 1.24
Average True Range 1.95

Dhanlaxmi Bank Investment Rating

  • Master Rating:
  • Dhanlaxmi Bank has an operating revenue of Rs. 1,250.33 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 3% needs improvement, ROE of 5% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 25% and 53% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 26% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 92 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 146 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 remained stable in the last reported quarter. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Dhanlaxmi Bank Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 289274276263258235
Operating Expenses Qtr Cr 113114108104101101
Operating Profit Qtr Cr 58395435-564
Depreciation Qtr Cr 000000
Interest Qtr Cr 171159149146141138
Tax Qtr Cr 2-180001
Net Profit Qtr Cr 28382216-2623
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,1461,086
Operating Expenses Annual Cr 427397
Operating Profit Annual in Cr 123134
Depreciation Cr 020
Interest Annual Cr 595554
Tax Annual Cr -180
Net Profit Annual Cr 4936
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -233
Cash from Investing Activity Annual Cr -16
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr -249
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 961900
Fixed Assets Annual Cr 258221
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 10,9869,531
Total Assets Annual Cr 15,13213,796
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3836
ROE Annual % 55
ROCE Annual % 55
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Dhanlaxmi Bank Technicals

EMA & SMA

Current Price
₹28.9
-0.1 (-0.34%)
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹26
  • 50 Day
  • ₹23.59
  • 100 Day
  • ₹21.37
  • 200 Day
  • ₹19.17
  • 20 Day
  • ₹25.44
  • 50 Day
  • ₹23.31
  • 100 Day
  • ₹20.28
  • 200 Day
  • ₹18.93

Dhanlaxmi Bank Resistance and Support

PIVOT
₹28.82
Resistance
First Resistance ₹29.74
Second Resistance ₹30.57
Third Resistance ₹31.49
RSI 68.24
MFI 84.64
MACD Single Line 1.24
MACD 1.68
Support
First Resistance ₹27.99
Second Resistance ₹27.07
Third Resistance ₹26.24

Dhanlaxmi Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,088,663 247,606,999 34.93
Week 38,527,735 682,326,182 17.71
1 Month 12,845,201 336,287,370 26.18
6 Month 4,646,806 148,883,680 32.04

Dhanlaxmi Bank Result Highlights

Dhanlaxmi Bank Synopsis

NSE-Banks-Money Center

Dhanlaxmi 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. 1071.23 Cr. and Equity Capital is Rs. 253.01 Cr. for the Year ended 31/03/2023. Dhanlaxmi Bank Ltd. is a Public Limited Listed company incorporated on 14/11/1927 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L65191KL1927PLC000307 and registration number is 000307.
Market Cap 735
Sales 1,250
Shares in Float 25.30
No of funds 12
Yield
Book Value 0.76
U/D Vol ratio 2.3
LTDebt / Equity 51
Alpha 0.35
Beta 1.42

Dhanlaxmi Bank

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters
Insurance Companies 0.07%0.07%0.07%0.07%
Foreign Portfolio Investors 10.97%10.86%10.84%11.62%
Financial Institutions/ Banks
Individual Investors 51.67%51.71%51.57%48.57%
Others 37.29%37.36%37.52%39.74%

Dhanlaxmi Bank Management

Name Designation
Mr. J K Shivan Managing Director & CEO
Mr. C K Gopinathan Non Executive Director
Mr. G Rajagopalan Nair Independent Director
Mr. Sreesankar Radhakrishnan Independent Director
Mr. K N Madhusoodanan Independent Director
Dr. Nirmala Padmanabhan Independent Director
Mr. Sridhar Kalyanasundaram Independent Director
Mr. D K Kashyap Additional Director
Mr. Jayakumar Yarasi Additional Director

Dhanlaxmi Bank Forecast

Price Estimates

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

Other Analyst Rating

Dhanlaxmi Bank Corporate Action

Date Purpose Remarks
2023-07-31 Quarterly Results
2023-05-22 Audited Results
2023-01-31 Quarterly Results
2022-12-05 Others Rs.0.00 consider / approve raising of funds by the Bank by way of issuance of Non-Convertible Debentures (NCDs) in the form of Basel III compliant Tier 2 Bonds aggregating to Rs.200 Crores.
2022-11-09 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Dhanlaxmi Bank FAQs

What is Share Price of Dhanlaxmi Bank ?

Dhanlaxmi Bank share price is ₹28 As on 23 September, 2023 | 00:08

What is the Market Cap of Dhanlaxmi Bank ?

The Market Cap of Dhanlaxmi Bank is ₹731.2 Cr As on 23 September, 2023 | 00:08

What is the P/E ratio of Dhanlaxmi Bank ?

The P/E ratio of Dhanlaxmi Bank is 7 As on 23 September, 2023 | 00:08

What is the PB ratio of Dhanlaxmi Bank ?

The PB ratio of Dhanlaxmi Bank is 0.8 As on 23 September, 2023 | 00:08

Q2FY23