Analysis of Financial Track Record
Net Profit/Total Funds (%)
- >1.25 : Very Good
- 1-1.25 : Somewhat Good
- <1 : Not Good
| Net Profit/Total Funds (%) | 0.23 | -0.8 | 0.02 | -1.77 | -1.66 | -1.56 | 0.1 | -0.2 | 0.1 | 0.55 |
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 (%) | 0.3 | 0.66 | 3.36 | 3.8 | 3.29 | 2.78 | 2.58 | 3.19 | 2.41 | 1.55 |
Capital Adequacy Ratio: Colour Rating Guide
- > 12% : Very Good
- 9%-12% : Somewhat Good
- <9%: Not Good
| Capital Adequacy Ratio | - | - | - | - | - | - | - | - | - | 0% |
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Key Financial Ratios
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| RATIOS \ YEARS | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | |
| Interest Earned / Total Income | 86.06 | 90.66 | 91.96 | 94.62 | 93.79 | 94.01 | 90.75 | 90.82 | 94.85 | 89.75 | |
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Margins
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Margins: Colour Rating Guide
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| NIM (%) | 1.94 | 1.76 | 2.09 | 1.99 | 2.22 | 2.63 | 2.9 | 3.05 | 3.17 | 3.3 | |
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Performance Ratios
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Performance Ratios: Colour Rating Guide
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| Return on Equity (%) | 4.06 | -14.7 | 0.36 | -34.35 | -33.07 | -34.01 | 2.13 | -3.94 | 1.9 | 10.05 | |
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Liquidity Ratio
Liquidity Ratio: Colour Rating Guide
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| CASA (%) | 22.9 | 19.35 | 22.46 | 21.99 | 24.34 | 25.03 | 29.44 | 30.8 | 32.01 | 29.8 | |
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Institutions | 11.61% |
| Non-Institutions | 88.39% |
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FAQs
MoneyWorks4Me analysed the past 10-year performance of Dhanlaxmi Bank Ltd and arrived at the following conclusion:
Past 10 year's financial track record indicates that Dhanlaxmi Bank Ltd is a below average quality company. However, for specific investment actions please connect with your investment advisor.The 5-year analysis of Dhanlaxmi Bank Ltd's performance infers:
Dhanlaxmi Bank Ltd earnings have grown by 0%, whereas share price has depreciated -5.8% 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 Dhanlaxmi Bank Ltd share prices over the last 10 years. Here is what we found out:
Dhanlaxmi Bank Ltd share price has depreciated -18.4% annually over the past ten years. About Company
Dhanalakshmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. The bank started with a seed capital of Rs.11,000 and with workforce of 7 employee.Much later in 1977, the bank was converted into Scheduled Commercial Bank.
Presently it has a pan-India network of 181 branches and 26 extension counters spread across in states like Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, Gujarat,
Dhanalakshmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. The bank started with a seed capital of Rs.11,000 and with workforce of 7 employee.Much later in 1977, the bank was converted into Scheduled Commercial Bank.
Presently it has a pan-India network of 181 branches and 26 extension counters spread across in states like Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, Gujarat,
The Bank is managed by a Board of Directors comprising professionals drawn from various walks of life with Shri.G.N.Bajpai as Chairman and Shri Amitabh Chaturvedi as the Managing Director and CEO.
In August 2010, the bank has conveyed the approval of Registrar of Companies, Kerala and Lakshadweep (RoC) for change of name of the Bank from the present 'The Dhanalakshmi Bank' to 'Dhanlaxmi Bankâ€
Facilities
The bank has launched Centralised Banking Solution (CBS) on the Flexcube Platform facilitating anywhere/anytime banking to its clients. CBS has been installed in all branches. The bank also has established a data centre in
Dhanalakshmi Bank has installed Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) Systems in order to avail facilities for large value payments and settlements in real time on-line mode on a transaction-by-transaction basis.
The bank has a tie up with Visa International for International Debit Card. As part of this overall effort, the Bank has joined CASHNET, the first independent nation-wide shared ATM network in
It is among those banks that offer free cash withdrawal facilities for its ATM debit card holders at other Bank ATMs.
Dhanalakshmi Bank has also forayed into both life and non-life insurance segment. For this it has tie up with MetLife
The bank also markets mutual fund products and for this it has tie up with SBI Mutual Fund, Birla Sunlife Mutual Fund and Principal PNB Asset Management Company.
In February 2010, the bank entered into a MoU with Destimoney Financial Services, for extending online trading and investment services to its customers and latter on invested Rs 13 crore in Destimoney Securities forming 15% of the equity capital of the company.
In March 2010, the bank marked its foray into the retail assets business with the launch of two credit cards -- platinum and gold.
The bank entered into an agreement in June 2010 with HDFC Mutual Fund for distributing the latter's financial products through its branches across the country.
In December 2010, Dhanlaxmi Bank has entered into a pact with Qatar's largest bank -- Doha Bank -- for online transfer of funds.
In January 2011, it ventured into the gift card space, which can be used at over 4.5 lakh merchant outlets. The gift card is a rupee-denominated, pre-paid, non-reloadable card.
Products and services
Personal Banking-Under this bank offers wide range of personal banking products and services such as deposit, saving, loans, internet banking, mobile banking, demat services, credit card, debit card, etc.
NRI banking- Dhanalakshmi Bank also caters its banking products and services to NRI customers such as deposit, car loans, remittances, investment schemes, insurance are amongst others.
Corporate banking- It provides a range of products and services to corporates.
Priority and SME- It also caters its products and services to priority and SME segment such as providing various kinds of products to meet their various business requirements. This involvement is part of the Bank’s objective to act as catalysts for the economic prosperity of the country. The Bank has recognized micro finance intervention as an effective tool for poverty alleviation and has streamlined the linkage between the Bank and Self Help Groups through 100 branches.
Milestones:
2010
- Dhalaxmi Bank Launches Mobile Banking.
- Company has changed its name from Dhanalakshmi Bank Ltd. to Dhanlaxmi Bank Ltd.
2011
- Dhanlaxmi Bank launches gift card.
- Dhanlaxmi Bank introduces 300-day deposit.
- Dhalaxmi Bank Launched a Forex Card - A Foreign Currency Denominated, Re - Loadable, Prepaid Card.
- Dhanlaxmi Bank launches the second series of gold coins.
2012
- Dhanlaxmi Bank starts silver retail business.'
