NSE: DCBBANK · BSE: 532772 · ISIN INE503A01015
DCB Bank Limited stock analysis
DCB Bank Limited ranks #2206 in the TickerSutra evidence-ranked universe with a score of 48/100 and 95% data confidence. The latest captured fundamentals show ROCE of 7.4%, quarterly sales growth of 9.4% and quarterly profit growth of 35.6%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 29.12×
- 20.8% three-year sales CAGR
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- Promoter holding is below 25%
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹3,513cr | ₹1cr | ₹288cr | 0.0% |
| 2023 | ₹4,200cr | ₹295cr | ₹466cr | 7.0% |
| 2024 | ₹5,362cr | ₹342cr | ₹536cr | 6.0% |
| 2025 | ₹6,471cr | ₹180cr | ₹615cr | 3.0% |
| 2026 | ₹7,404cr | ₹228cr | ₹732cr | 3.0% |
| TTM | ₹7,575cr | ₹237cr | ₹788cr | 3.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
DCB Bank Limited has informed the Exchange regarding allotment of 10 securities pursuant to ESOP/ESPS at its meeting held on September 28, 2026
RoutineDCB Bank Ltd - 532772 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSBSE · 28 Sept 2026We wish to inform you that the Bank has issued and allotted 10,450 equity shares of Rs.10/- each today i.e. on September 28,2026 to the employees of the Bank, pursuant to the terms of the ....
RoutineDCB Bank Ltd - 532772 - Closure of Trading WindowBSE · 28 Sept 2026This is to inform you that pursuant to the requirements of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, and DCB Bank- Code of Conduct for Prohibition ....
RoutineConfirmation of Redemption/Payment of Interest and PrincipalNSE · 28 Sept 2026Confirmation of Redemption/Payment of Interest and Principal
RoutineGeneral UpdatesNSE · 9 Sept 2026DCB Bank Limited has informed the Exchange about General Updates
MANAGEMENT COMMENTARY
Signals from filed documents
Contrast that with the operating expenses growth YoY of 11%. Our cost to income ratio improved to 60.87%, a 283 basis points year on year improvement, underscoring productivity gains and operating leverage. This was after having accounted for increased employee cost on account of implementation of the New Labour Codes.
The Federal Reserve began a cautious easing cycle in late CY 2025, cutting rates by a cumulative 75 basis points, but held rates stable in early CY 2026 as energy-driven inflation reignited. The Euro Area muddled through, constrained by weak industrial output in Germany and persistent demand softness. China, managing a deflationary domestic environment, maintained 4.6% growth largely through export-led expansion, eve
Pg 32 Service Capital The Bank’s extensive branch network, digital assets and best-in-class IT infrastructure provides a solid platform to conduct business and create value. Pg 36 Intellectual Capital The Bank’s differentiated product offerings, deep domain expertise, digital ecosystem across products and services, communication capabilities, applications, data analytics and cybersecurity. Pg 42 With a Consistent Eye
The Bank has further strengthened its customer onboarding and financial inclusion initiatives through the engagement of Business Correspondent (BC) partners to assist customers for DCB Niyo savings account opening. These BCs facilitated seamless Aadhaar-based biometric KYC using bank-issued devices, ensuring secure, paperless, and regulatory- compliant account opening. As a result, this collaborative model significan
Secondly, sir, some of the mid -sized banks have called out sort of a lending rate sort of pressure on the gold loans. So if I can understand what is the say broad yield on your gold loan portfolio and is there a pressure -- pricing pressure you're seeing there say led by public sector banks that could say hurt your margin? Praveen Kutty: Look, see when I ask the frontline , the sales folks they will always say there
DCB Bank Limited-Cash Settled Stock Appreciation Rights Scheme 2022 (“CSARs Scheme”). The Bank has formulated and adopted the DCB Bank Limited – Employee Stock Option Plan in 2005 approved by shareholders on December 15, 2006 and amended from time to time in order to: • provide means to enable the Bank to attract and retain appropriate human talent in the employment of the Bank; • motivate the employees of the Bank w
500 Crore (Rupees Five Hundred Crore only) over and above issuance of Unsecured Redeemable Non-Convertible Sub-ordinated Basel III compliant Tier II Bonds issued by the Bank and in aggregate for additional Tier I and Tier II Capital within the overall borrowing limits of the Bank (other than overnight borrowings), as approved by the Members from time to time. (ii) Issue of equity shares or other securities convertibl
So that's why it's not reflecting anywhere. But I genuinely believe that petroleum price increase will have a ripple effect on multiple other costs. Sir, my second question is about your NIMs.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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