Bandhan Bank Ltd
BANDHANBNK NSE
Bandhan Bank Ltd
Banks F&ONSE: BANDHANBNK BSE: 541153 Private Bank
Key Fundamentals
SmallcapPrivate BankBanksMarket Cap
₹28,165 Cr
Volatility
Moderate
P/E Ratio
20.69
EBITDA
₹2,038 Cr
Return on Equity
4.78%
Debt to Equity
0
Book Value
₹156.76
EPS
₹15.97
52W High
₹220.76
52W Low
₹134.25
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bandhan Bank Ltd insights
54 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 1.09 times its book value
- Company's working capital requirements have reduced from 71.8 days to 38.5 days
Weaknesses
6- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.44%
- The company has delivered a poor sales growth of 11.6% over past five years.
- Company has a low return on equity of 9.01% over last 3 years.
- Contingent liabilities of Rs.28,896 Cr.
- Dividend payout has been low at 13.1% of profits over last 3 years
Growth Rate
Revenue Growth
-1.97% ↘
Net Income Growth
-55.43% ↘
Cash Flow Change
-58.49% ↘
ROE
-57.17% ↘
ROCE
-18.91% ↘
EBITDA Margin (Avg.)
-8.38% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk high
Bandhan Bank Ltd trades at a market cap of Rs.28,032 Cr with a P/B of 1.08x, reflecting muted investor sentiment after a 34% TTM profit decline. The bank's 3-year ROE stands at 9% and compounded profit growth has been negative over 3 and 5-year periods, though its valuation near book value and improved working capital efficiency offer some counterbalance.
Bull Case 7
- Stock trades at just 1.07x book value, significantly below historical averages for mid-sized private banks, suggesting limited downside from asset-based valuation
- Working capital days reduced sharply from 92.2 days to 57.6 days, indicating improved operational efficiency and better asset-liability management
- 10-year compounded sales growth of 30% demonstrates the bank's ability to scale its lending franchise over a longer horizon
- P/E ratio of 20.1x is reasonable for a banking stock that still has a microfinance-led growth runway in under-penetrated eastern and northeastern India
- Dividend yield of 0.89% provides some income cushion, and reinstatement of dividends signals management confidence in capital adequacy
- 5-year compounded sales growth of 12% shows the top-line has continued to expand despite asset quality headwinds in the microfinance book
- 10-year compounded profit growth of 16% indicates the long-term earnings trajectory remains positive despite recent cyclical weakness
Bear Case 8
- TTM profit declined 34%, signaling significant near-term earnings deterioration likely driven by higher credit costs
- 3-year compounded profit growth at -18% shows the earnings downturn is not just a one-quarter event but a sustained multi-year trend
- 3-year ROE of only 9% and last year ROE of just 5% are well below the cost of equity for a bank with this risk profile
- Low interest coverage ratio indicates vulnerability to margin compression and potential stress in the lending book
- Contingent liabilities of Rs.28,896 Cr are substantial relative to the Rs.28,032 Cr market cap, posing a material risk if crystallized
- Promoter holding decreased by 1.44% in the last quarter, which may reflect regulatory dilution requirements or weakening promoter commitment
- Stock CAGR of -10% over 3 years and -9% over 5 years shows persistent value destruction for shareholders
- Dividend payout of only 13.1% of profits over 3 years limits shareholder returns and suggests capital is being consumed by provisioning needs rather than returned to investors
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 2h ago Neutral 3
- AGM resolutions all approved Aug 24
Shareholders approved all 7 resolutions at the 12th AGM on August 24, 2026, including appointment of Debasish Panda as Chairman and adoption of FY26 financials.
- Motilal Oswal investor conference Aug 12
Bandhan Bank will participate in the Motilal Oswal 22nd Annual Global Investor Conference on August 17, 2026 in Mumbai.
- Singapore institutional investor meet Aug 1
Bandhan Bank scheduled an in-person meeting with select institutional investors and analysts in Singapore on August 6, 2026.
TL;DR: Recent news flow for Bandhan Bank is purely procedural with no material positives or negatives. The AGM passed smoothly with all resolutions approved, and management is actively engaging investors via conferences in Mumbai and Singapore. No operational or financial red flags surfaced, but no growth catalysts either. The trend is steady, with investor engagement activity suggesting management confidence heading into FY27.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,523 | 4,492 | 4,665 | 5,189 | 5,536 | 5,500 | 5,479 | 5,434 | 5,476 | 5,354 | 5,431 | 5,428 | 5,631 |
| Expenses | 1,916 | 2,036 | 2,099 | 3,496 | 2,115 | 2,294 | 3,281 | 3,144 | 2,962 | 2,977 | 3,089 | 2,802 | 2,849 |
| Financing Profit | 575 | 407 | 426 | -637 | 890 | 640 | -466 | -388 | -204 | -389 | -401 | -7 | 72 |
| Fin. Margin % | 13% | 9% | 9% | -12% | 16% | 12% | -9% | -7% | -4% | -7% | -7% | 0% | 1% |
| Other Income | 385 | 540 | 545 | 701 | 528 | 609 | 1,112 | 700 | 726 | 546 | 691 | 771 | 604 |
| Interest | 2,032 | 2,049 | 2,140 | 2,330 | 2,531 | 2,566 | 2,664 | 2,678 | 2,718 | 2,765 | 2,743 | 2,633 | 2,710 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 960 | 947 | 971 | 64 | 1,418 | 1,249 | 645 | 311 | 521 | 158 | 290 | 764 | 676 |
| Tax % | 25% | 24% | 25% | 15% | 25% | 25% | 34% | -2% | 29% | 29% | 29% | 30% | 26% |
| Net Profit | 721 | 721 | 733 | 55 | 1,063 | 937 | 426 | 318 | 372 | 112 | 206 | 534 | 502 |
| EPS in Rs | 4.48 | 4.48 | 4.55 | 0.34 | 6.6 | 5.82 | 2.65 | 1.97 | 2.31 | 0.69 | 1.28 | 3.32 | 3.11 |
| Gross NPA % | 6.76% | 7.32% | 7.02% | 3.84% | 4.23% | 4.68% | 4.68% | 4.71% | 4.96% | 5.02% | 3.33% | 3.27% | 3.15% |
| Net NPA % | 2.18% | 2.32% | 2.21% | 1.11% | 1.15% | 1.29% | 1.28% | 1.28% | 1.36% | 1.37% | 0.99% | 0.97% | 0.93% |
Profit & Loss
| Mar 2015 4m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1,581 | 3,909 | 4,802 | 6,643 | 10,885 | 12,524 | 13,871 | 15,905 | 18,870 | 21,948 | 21,689 | 21,844 |
| Expenses | 6 | 633 | 1,044 | 1,597 | 2,467 | 3,739 | 6,534 | 11,298 | 8,693 | 9,310 | 10,555 | 11,526 | 11,717 |
| Financing Profit | -6 | 299 | 1,360 | 1,436 | 2,028 | 2,584 | 1,029 | -2,584 | 567 | 1,009 | 936 | -696 | -724 |
| Fin. Margin % | — | 19% | 35% | 30% | 31% | 24% | 8% | -19% | 4% | 5% | 4% | -3% | -3% |
| Other Income | 8 | 150 | 411 | 706 | 1,063 | 1,549 | 2,022 | 2,823 | 2,469 | 2,171 | 2,967 | 2,734 | 2,612 |
| Interest | 0 | 649 | 1,505 | 1,770 | 2,148 | 4,562 | 4,961 | 5,157 | 6,645 | 8,551 | 10,458 | 10,859 | 10,851 |
| Depreciation | 0 | 36 | 67 | 86 | 78 | 80 | 103 | 110 | 143 | 238 | 279 | 304 | 0 |
| PBT | 2 | 414 | 1,704 | 2,056 | 3,013 | 4,053 | 2,949 | 129 | 2,893 | 2,943 | 3,623 | 1,734 | 1,888 |
| Tax % | 75% | 33% | 35% | 35% | 35% | 25% | 25% | 2% | 24% | 24% | 24% | 29% | — |
| Net Profit | 1 | 275 | 1,112 | 1,346 | 1,952 | 3,024 | 2,205 | 126 | 2,195 | 2,230 | 2,745 | 1,224 | 1,353 |
| EPS in Rs | 0.01 | 2.51 | 10.15 | 11.28 | 16.36 | 18.78 | 13.69 | 0.78 | 13.62 | 13.84 | 17.04 | 7.6 | 8.4 |
| Div. Payout % | 0% | 0% | 0% | 9% | 18% | 0% | 7% | 0% | 11% | 11% | 9% | 20% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 501 | 1,095 | 1,095 | 1,193 | 1,193 | 1,610 | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 |
| Reserves | 1 | 2,239 | 3,351 | 8,189 | 10,009 | 13,585 | 15,798 | 15,770 | 17,973 | 19,999 | 22,994 | 23,964 |
| Borrowing | 0 | 3,052 | 1,029 | 285 | 521 | 16,379 | 16,960 | 19,921 | 24,711 | 16,372 | 11,138 | 14,303 |
| Deposits | — | 12,089 | 23,229 | 33,869 | 43,232 | 57,082 | 77,972 | 96,331 | 1,08,065 | 1,35,202 | 1,51,212 | 1,66,344 |
| Other Liabilities | 25 | 1,282 | 1,532 | 774 | 1,487 | 3,062 | 2,675 | 5,234 | 3,677 | 4,659 | 4,520 | 4,902 |
| Total Liabilities | 527 | 19,756 | 30,236 | 44,310 | 56,442 | 91,718 | 1,15,016 | 1,38,867 | 1,56,037 | 1,77,842 | 1,91,476 | 2,11,124 |
| Fixed Assets | 0 | 237 | 252 | 238 | 222 | 347 | 432 | 415 | 509 | 959 | 855 | 931 |
| CWIP | 108 | 0 | 0 | 0 | 109 | 22 | 55 | 173 | 346 | 214 | 325 | 470 |
| Investments | 0 | 3,758 | 5,516 | 8,372 | 10,037 | 15,352 | 25,155 | 29,079 | 32,366 | 29,288 | 40,712 | 38,668 |
| Other Assets | 418 | 15,761 | 24,468 | 35,700 | 46,073 | 75,997 | 89,374 | 1,09,200 | 1,22,817 | 1,47,381 | 1,49,584 | 1,71,054 |
| Total Assets | 527 | 19,756 | 30,236 | 44,310 | 56,442 | 91,718 | 1,15,016 | 1,38,867 | 1,56,037 | 1,77,842 | 1,91,476 | 2,11,124 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 8,885 | -2,599 | 2,695 | 6,583 | -909 | 902 | -4,245 | 14,808 | 2,752 | 1,143 |
| Investing | — | — | -2,671 | -2,237 | -2,373 | -4,187 | -1,804 | -612 | -1,618 | 1,691 | -3,879 | 317 |
| Financing | — | — | -2,023 | 2,846 | 105 | 154 | 588 | 2,803 | 4,791 | -8,579 | -5,475 | 2,923 |
| Net Cash Flow | — | — | 4,192 | -1,989 | 427 | 2,550 | -2,125 | 3,093 | -1,071 | 7,921 | -6,601 | 4,382 |
| Free Cash Flow | — | — | 8,803 | -2,671 | 2,524 | 6,481 | -1,129 | 691 | -4,654 | 14,252 | 2,466 | 616 |
| CFO/OP | — | — | 330 | -56 | 91 | 108 | 3 | 62 | -49 | 167 | 29 | 18 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0% | 14% | 29% | 19% | 19% | 23% | 14% | 1% | 12% | 11% | 12% | 5% |
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Public Notice, by way of Newspaper Advertisements, for Postal Ballot, remote e-voting and related matters. 7 May - Public Notice, by way of Newspaper Advertisements, for Postal Ballot, remote e-voting and related matters.
2
Announcement under Regulation 30 (LODR)-Investor Presentation
28 Apr - Earnings Update Presentation on the Audited Financial Results for the quarter and financial year ended March 31, 2026. 28 Apr - Earnings Update Presentation on the Audited Financial Results for the quarter and financial year ended March 31, 2026.
3
Audio Recordings Of The Press Conference And The Earnings Call On The Audited Financial Results For The Quarter (Q4) And Financial Year Ended March 31, 2026
28 Apr - Audio recordings of Q4 and FY26 earnings call and press conference hosted on website. 28 Apr - Audio recordings of Q4 and FY26 earnings call and press conference hosted on website.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Copies of Newspaper Publications with respect to Audited Financial Results of the Bank, for the Quarter (Q4) and Financial Year ended March 31, 2026. 29 Apr - Copies of Newspaper Publications with respect to Audited Financial Results of the Bank, for the Quarter (Q4) and Financial Year ended March 31, 2026.
Frequently Asked Questions about Bandhan Bank Ltd
What does Bandhan Bank Ltd do?
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and gener...
Where is Bandhan Bank Ltd (BANDHANBNK) listed?
Bandhan Bank Ltd is listed on the Indian stock exchanges. It is listed on NSE: BANDHANBNK and BSE: 541153. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Bandhan Bank Ltd belong to?
Bandhan Bank Ltd operates in the Banks sector within the Private Bank industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Bandhan Bank Ltd?
Bandhan Bank Ltd has a market capitalisation of approximately ₹28165.43 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Bandhan Bank Ltd?
The Price-to-Earnings (PE) ratio of Bandhan Bank Ltd is 20.69. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Bandhan Bank Ltd?
Over the past 52 weeks, Bandhan Bank Ltd has traded between a low of ₹134.25 and a high of ₹220.76. This range helps investors understand the stock's price volatility and recent trading levels.
Does Bandhan Bank Ltd pay dividends?
Yes, Bandhan Bank Ltd has a dividend yield of 0.86%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Bandhan Bank Ltd?
Bandhan Bank Ltd has a Return on Equity (ROE) of 4.78%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Bandhan Bank Ltd on Tapetide?
On Tapetide, you can view Bandhan Bank Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking. [1][2]
Website bandhanbank.com
CEO Mr. Partha Pratim Sengupta
Employees 74,500
Listed 2018-03-27
Face Value ₹ 10
Issued Size 1,61,09,71,405