Dhanlaxmi Bank Reports 17.5% Growth in Overall Business in H1 FY26; Stock Rise

Thrissur, October 6, 2025: Dhanlaxmi Bank Ltd (NSE: DHANBANK, BSE: 532180) shares surged over 4% in early trade following a robust 17.53% year-on-year growth in total business, reaching ₹30,147 crore for the half-year ended 30 September 2025, according to its provisional business update. The performance highlights strong momentum across deposits, advances, and secured retail lending segments.

Founded in 1927 and having its headquarters in Thrissur, Dhanlaxmi Bank Limited is a private sector bank with over nine decades of experience in India’s banking landscape. Listed on NSE and BSE since April 2004, the bank has a diversified range of products in retail, SME, and gold loan segments. The bank continues to be focused on enhancing its balance sheet strength, maintaining prudent risk discipline, and expanding its digital footprint to serve a growing customer base.

Business Development and Key Financial Highlights

Total deposits at the bank reached ₹17,103 crore in H1 FY26, up 16.89% year-on-year, supported by retail inflows and higher CASA balances, which rose 6.56% to ₹4,937 crore. Gross advances climbed to ₹13,044 crore, reflecting an 18.39% year-on-year increase, driven by strong credit demand across all categories. The gold loan portfolio surged 31.84% to ₹4,447 crore, underscoring sustained momentum in secured lending. Crossing the ₹30,000 crore business mark represents a significant operational milestone for Dhanlaxmi Bank in H1 FY26.

Stock Performance

As of 11:54 AM IST, Dhanlaxmi Bank shares were trading 3.95% higher at ₹26.32, up ₹1.00 from yesterday’s close of ₹25.32. During the session, the stock hit a high of ₹27.13 and a low of ₹25.74, with a volume-weighted average price (VWAP) of ₹26.50. The share has a 52-week range of ₹22.00 to ₹45.00, an adjusted P/E of 11.51, and a market capitalization of ₹1,042 crore, including a free-float market cap of ₹824.28 crore. The stock’s performance reflects investor optimism following strong business growth in H1 FY26.

REF: https://nsearchives.nseindia.com/corporate/DHANBANK_03102025183423_BusinessUpdates.pdf

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