ScoreWhy is Dhanlaxmi Bank Ltd ?
1
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
2
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.31% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -31.76% returns
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Private Sector Bank)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Dhanlaxmi Bank for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dhanlaxmi Bank
-6.29%
-0.69
45.99%
Sensex
8.49%
0.43
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Net Interest Income Growth (5y)
8.29%
Net Profit Growth (5y)
20.65%
Advance to Deposit
69.10%
Capital Adequacy Ratio (Tier 1)
11.83%
Gross NPA (latest)
2.36%
Gross NPA (avg)
4.82%
Coverage Ratio (avg)
65.17%
Cost to Income (avg)
82.64%
Net Interest Margin (avg)
3.20%
Operating Profit to Assets (avg)
3.93%
ROA (avg)
0.34%
Net Debt to Equity (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
11
Price to Book Value
0.66
PEG Ratio
0.09
Dividend Yield
NA
ROE (Latest)
6.13%
ROA (Latest)
0.44%
Net NPA to Book Value
10.71
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend15What is working for the Company
NII(Q)
Highest at Rs 154.22 cr
INTEREST EARNED(Q)
Highest at Rs 407.06 cr
GROSS NPA(Q)
Lowest at 2.36%
CREDIT DEPOSIT RATIO(HY)
Highest at 77.99%
PAT(Q)
At Rs 23.88 cr has Grown at 20.3%
-5What is not working for the Company
PBT LESS OI(Q)
At Rs -25.37 cr has Fallen at -13.66%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 695.67 cr
NON-OPERATING INCOME(Q)
is 206.24 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Dhanlaxmi Bank
Net Interest Income (Quarterly)
Highest at Rs 154.22 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 407.06 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Interest Earned (Rs Cr)
Gross NPA - Quarterly
Lowest at 2.36%
in the last five quartersMOJO Watch
Proportion of stressed loans given by the bank are falling
Gross NPA (%)
Interest Earned - Quarterly
At Rs 407.06 cr has Grown at 21.66%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Interest Earned (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 23.88 cr has Grown at 20.3%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Credit Deposit Ratio - Half Yearly
Highest at 77.99%
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 (%)
Here's what is not working for Dhanlaxmi Bank
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -25.37 cr has Fallen at -13.66%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 206.24 % 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
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 695.67 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Non Operating Income - Quarterly
Highest at Rs 49.25 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
