Dhanlaxmi Bank Limited
Established in 1927, DBL is a Kerala-based small-sized private sector bank headquartered at Thrissur. As on September 30, 2024, the bank has presence across 15 states and one Union Territory through 261 branches, 282 ATMs, and 17 BCs with an employee...
Key Metrics
EPS
1.85
Current ratio
0.06
Debt/Equity
14.40
Debt/EBITDA
144.87
Interest coverage ratio
-
Operating Cashflow to total debt
0.02
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Long-standing track record
Growth in business in FY24 and H1FY25
Liquidity: Adequate
Cons
Asset quality remains moderate despite improvement witnessed in FY24 and H1FY25
Moderate profitability
Regional concentration and small size of operations
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About Dhanlaxmi Bank Limited bond.
This comprehensive profile covers key factual information about DHANLAXMI BANK LIMITED. Established in 1927, DBL is a Kerala-based small-sized private sector bank headquartered at Thrissur. As on September 30, 2024, the bank has presence across 15 states and one Union Territory through 261 branches, 282 ATMs, and 17 BCs with an employee base of 1,725. The bank’s shares are listed in BSE and NSE and are widely held. DBL has no identifiable promoter, and the share holding pattern is well diversified with major holding by resident individuals at 54.81% as on September 30, 2024. EPS in Mar-2024 was 1.85. Current ratio in Mar-2024 was 0.06. Debt/Equity in Mar-2024 was 14.40. Debt/EBITDA in Mar-2024 was 144.87. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was 0.02. Total revenue for Mar-2025(E) was ₹1409.30. Net income for Mar-2025(E) stood at ₹237.00. Total assets as of Mar-2024 were ₹15,963.40. Operating cash flow for Mar-2024 was ₹17.29. Peers and comparison entities consist of DHANLAXMI BANK LIMITED, HDFC Bank Limited, ICICI Bank Limited, Kotak Mahindra Bank Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Long-standing track record; Growth in business in FY24 and H1FY25; Liquidity: Adequate. Key risks include: Asset quality remains moderate despite improvement witnessed in FY24 and H1FY25; Moderate profitability; Regional concentration and small size of operations. Leadership team details include Anup Nair (Assistant General Manager), C K Jineesh Nath (Additional Director), D K Kashyap (Nominee Director), G Rajagopalan Nair (Independent Director), H Venkatesh (Company Secretary & Compliance Officer), Jayakumar Yarasi (Nominee Director), Jhon Varughese (General Manager), K K Ajit Kumar (Managing Director & CEO), K N Madhusoodanan (Chairman), M Abhiram Unni (Assistant General Manager), M P Sreekumar (Deputy General Manager), Nageswara Rao Chatrali (Nominee Director), Nirmala Padmanabhan (Independent Director), P Ranjith (Assistant General Manager), R Raghunath (Assistant General Manager), Rajan Sleeba (Deputy General Manager), S Ramakrishnan (Assistant General Manager), Sreesankar Radhakrishnan (Independent Director), Sunny George (Deputy General Manager), Suresh M Nair (Deputy General Manager), T A Kavitha (Chief Financial Officer), Vardhini Kalyanaraman (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.