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DCB Bank Ltd Stock Analysis

Small Cap
Evaluated by 4315 users | BSE: 532772 | NSE: DCBBANK |
Bank - Private

DCB Bank is a new generation private sector bank. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure including state of the art internet...

1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
DCB Bank Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Net Interest Income (Rs. Cr.)1892282843685086207979951,1491,265
Y-o-Y Gr. Rt.33-20.4%24.9%29.5%38%21.9%28.7%24.9%15.5%10.1%
Total Income6488171,0331,2671,5881,9192,3252,7233,3923,928
Y-o-Y Gr. Rt.-26.1%26.4%22.6%25.4%20.8%21.2%17.1%24.5%15.8%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
1.072.294.086.056.786.8477.9610.5110.89
Y-o-Y Gr. Rt.-114%78.2%48.3%12.1%0.9%2.3%13.7%32%3.6%
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
28.133.3937.8343.8854.3961.1968.2282.9692.72102.57
Y-o-Y Gr. Rt.-18.8%13.3%16%24%12.5%11.5%21.6%11.8%10.6%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1 : Not Good
Net Profit/Total Funds (%)0.320.681.021.251.321.10.930.90.990.91
To view Net NPA to Net Advances (%) Colour Rating Guide click here
Net NPA to Net Advances (%): Colour Rating Guide
  • < 0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1: Not Good
Net NPA to Net Advances (%)0.970.570.750.911.010.750.790.720.651.16
To view Capital Adequacy Ratio Colour Rating Guide click here
Capital Adequacy Ratio: Colour Rating Guide
  • > 12% : Very Good
  • 9%-12% : Somewhat Good
  • <9%: Not Good
Capital Adequacy Ratio - - - - - - - - - 0%
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
DCB Bank Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Interest Income23.5%20%16.6%10.1%
Total Income22.2%19.9%19.1%15.8%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
29.4%9.9%15.9%3.6%
Book Value per Share
15.5%13.5%14.6%10.6%
Share Price 10.9% 1.3% -19.2% 39.9%
Key Financial Ratios
RATIOS \ YEARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Interest Earned / Total Income82.7187.7288.6789.0689.5788.5189.388.6189.6890.04
Margins
To view Margins Colour Rating Guide click here
Margins: Colour Rating Guide
  • >2.75 : Very Good
  • 1.75-2.75 : Somewhat Good
  • <1.75 : Not Good
NIM (%)2.682.762.632.963.363.413.493.443.363.45
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15% : Very Good
  • 12%-15% : Somewhat Good
  • <12% : Not Good
Return on Equity (%)3.898.0611.6714.8114.5311.8810.8310.911.9911.16
Liquidity Ratio
To view Liquidity Ratio Colour Rating Guide click here
Liquidity Ratio: Colour Rating Guide
  • >35 : Very Good
  • 25-35 : Somewhat Good
  • <25 : Not Good
CASA (%) 35.2132.1227.162523.423.3824.3124.3323.9521.47
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 14.88%
Institutions 53.58%
Non-Institutions 31.54%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of DCB Bank Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that DCB Bank Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of DCB Bank Ltd's performance infers:

DCB Bank Ltd earnings have grown by 9.9%, whereas share price has appreciated 1.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of DCB Bank Ltd share prices over the last 10 years. Here is what we found out:

DCB Bank Ltd share price has appreciated 5% annually over the past ten years.

DCB Bank is a new generation private sector bank. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure including state of the art internet banking for personal as well as business banking customers.

The Bank’s network of state-of-the-art, customer friendly branches are situated across Andhra

DCB Bank is a new generation private sector bank. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure including state of the art internet banking for personal as well as business banking customers.

The Bank’s network of state-of-the-art, customer friendly branches are situated across Andhra Pradesh, Bihar, Chhattisgarh, Daman, Delhi/ NCR, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Silvassa, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand and West Bengal.

The bank has deep roots in India since its inception in 1930s. Its promoter and promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments Ltd. holds below 15% stake. AKFED is an international development enterprise. It is dedicated to promoting entrepreneurship and building economically sound companies.

Business area of the bank

The bank’s business segments are Retail, micro-SME, SME, mid-Corporate, Agriculture, Commodities, Government, Public Sector, Indian Banks, Co-operative Banks and Non Banking Finance Companies (NBFC).

Awards and recognition

2016-17

  • Best Data Center Design - Data Center Summit 2016
  • Indian Express Award for Innovation - Aadhaar Based ATM
  • BFSI Digital Innovators Award - Innovative Usage of Emerging Technology
  • Finnoviti Innovation Award - Aadhaar Based ATM
  • Best Prepaid Program - Drivers of Digital Awards 2016

2017-18

  • “Innovative Company for implementation of VMWARE solution” award by VMWARE
  • “Excellence in Omni Channel Experience” award for new internet banking by IDC
  • “Finnoviti award for GST Package” by Banking Frontiers magazine
  • “Best Innovative Initiative” for Innovation Carnival at BFSI Innovative Technology Awards 2018 event, by ELETS
  • “Digital Leadership Award” at Business World Innovations event by Businessworld
  • “BFSI IT Leadership Award 2017” for being among TOP 20 Leader in BFSI sector by Exito
  • Award in the category of “Enterprise Mobility” by Express Computer
  • “Innovative CIO 17 Award” by CIOAXIS

2018-19

  • CSR Summit & Awards of UBS Forum, BFSI Category – DCB Bank was awarded for the project ‘Participatory Natural Resource Management along Watershed Lines in the Tribal Belt of South Rajasthan’.
  • Bombay Chamber Good Corporate Citizen Awards 2018 – Winner under Banking & Finance Companies category.
  • Asian Customer Engagement & Forum - ACEF Leadership Awards 2018, Excellence in CSR, Social Impact Awards - DCB Bank garnered Bronze for Best Environmental Behaviour Change Award - Project: Participatory Natural Resource Management along watershed lines in the Tribal Belt of South Rajasthan
  • Finnoviti 2018 Award for DCB Remit Initiative, in Innovation category by Banking Frontiers.
  • Top 20 BSFI Leaders Award at BFSI Innovation and Technology Summit by Exito.
  • BFSI Leadership Award at BFSI Leadership Summit by eLets.
  • Winner at BIG 50 BFSI Leaders Award Summit by Trescon.
  • NextGen Digital Leader Award at Technology and Innovation Summit by DataQuest.
  • Winner at “BIG CIO 100 Awards Summit” by Trescon.
  • Winner of “CISO Platform 100” Award by CISO Platform

2019-20

  • Awarded by Bombay Chamber of Commerce and Industry, Mumbai for ‘Sustainable Environmental Initiatives’ for CSR projects.
  • Awarded for Best CSR Project at Asian Customer Engagement & Forum - ACEF HR & CSR Forum & Awards, Mumbai.
  • “Tech Trendsetter” at India Banking Reforms Conclave & BFSI Awards
  • “Best Private Bank of the Year” by Indian Banking Summit and Awards 2019
  • “BFSI Digital Innovation Award 2020” in BFSI Technology Conclave by Indian Express
  • Award for SME Finflex Banking system at Finnoviti 2020
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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