DHANBANKNSEDhanlaxmi Bank Limited· BanksMediumNeutral
Announced Thu, 2 Apr · 08:59 IST

Business Updates for the Year ended March 31,2026

Business Updates View source PDF

DHANBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹22.90
prior close
₹22.00
base price
After-mkt
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AI summary

Dhanlaxmi Bank reported its provisional business update for FY26, with total business growing 19.7% YoY to Rs 33,773 Cr from Rs 28,219 Cr a year earlier. Total deposits rose 16.4% to Rs 18,643 Cr, while gross advances climbed 24% to Rs 15,130 Cr, indicating strong loan growth outpacing deposits. Gold loans were the standout segment, surging 71.4% YoY to Rs 6,512 Cr, while MSME advances grew 30.9% to Rs 2,135 Cr. CASA (current and savings account) deposits also rose 15.8% to Rs 5,380 Cr. The figures are provisional and subject to review by the bank's statutory auditors.

Likely market impact

Broad-based growth, especially the sharp jump in gold loans and MSME book, points to healthy business momentum which is positive for the stock. However, the numbers are provisional and unaudited, so investors should wait for the final audited results for confirmation.