Bandhan Bank

    BANDHANBNK
    Banking
    ₹172.45
    price as of 15/9/2026, 6:27:51 pm

    Market cap ₹27,784 Cr

    P/E
    20.58
    Day range
    ₹172.24 – ₹179.11
    52-week range
    ₹134.25 – ₹220.76
    Volume
    1.03 Cr
    Open
    ₹177.00
    Prev close
    ₹176.52

    Key metrics

    P/E (TTM)
    24.3
    EPS (TTM)
    ₹8.38
    Price / Book
    1.08
    ROE (FY26)
    4.9%
    Dividend yield
    0.87%
    Net margin (TTM)
    9.9%
    Debt / Equity
    0.56
    Revenue growth (5y)
    11.6%
    EPS growth (5y)
    -11.1%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹165.04Price above₹167.36Price above₹170.51Price above₹182.68Price below₹190.46Price below₹172.95Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +10.9%
    Profit 3Y CAGR
    -17.7%
    Revenue YoY (Jun 2026)
    +2.8%
    Profit YoY (Jun 2026)
    +34.9%
    Net margin
    8.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-15.0KCr-7.5K Cr0 Cr7.5K Cr15.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%8%16%24%32%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr6.5K Cr13.0K Cr19.5K Cr26.0K Cr0.0x0.3x0.7x1.1x1.4x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Revenue4,4924,6655,1895,5365,5005,4795,4345,4765,3545,4315,4285,631
    Interest2,0492,1402,3302,5312,5662,6642,6782,7182,7652,7432,6332,710
    Expenses2,0362,0993,4962,1152,2943,2813,1442,9622,9773,0892,8022,849
    Financing Profit407426-637890640-466-388-204-389-401-772
    Financing Margin %9%9%-12%16%12%-9%-7%-4%-7%-7%0%1%
    Other Income5405457015286091,112700726546691771604
    Depreciation000000000000
    Profit before tax947971641,4181,249645311521158290764676
    Tax %24%25%15%25%25%34%-2%29%29%29%30%26%
    Net Profit721733551,063937426318372112206534502
    EPS in Rs₹4.48₹4.55₹0.34₹6.60₹5.82₹2.65₹1.97₹2.31₹0.69₹1.28₹3.32₹3.11
    Gross NPA %7.3%7.0%3.8%4.2%4.7%4.7%4.7%5.0%5.0%3.3%3.3%3.1%
    Net NPA %2.3%2.2%1.1%1.1%1.3%1.3%1.3%1.4%1.4%1.0%1.0%0.9%

    From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Stock is trading at 1.11 times its book value
    • Company's working capital requirements have reduced from 71.8 days to 38.5 days

    Risks

    • 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

    Compounded Sales Growth

    10 Years
    +30%
    5 Years
    +12%
    3 Years
    +11%
    TTM
    0%

    Compounded Profit Growth

    10 Years
    +16%
    5 Years
    -11%
    3 Years
    -18%
    TTM
    -34%

    Stock Price CAGR

    10 Years
    —
    5 Years
    -10%
    3 Years
    -11%
    1 Year
    +9%

    Return on Equity

    10 Years
    +12%
    5 Years
    +8%
    3 Years
    +9%
    Last Year
    +5%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter40.29%39.74%38.98%37.54%-1.44 pp
    FII23.44%22.32%22.07%18.64%-3.43 pp
    DII17.82%18.76%22.33%27.47%+5.14 pp
    Government0.07%0.07%0.07%0.07%0.00 pp
    Public18.39%19.11%16.55%16.26%-0.29 pp

    Filed with NSE for Jun 2026: promoters 37.54%, public 62.46% · XBRL filing

    Analysts & fund holdings

    44%
    44% recommend buy
    23 analysts cover the stock
    Valuation vs Banks
    P/E20.6 vs 16.6
    Sector P/B2.14
    Beta1.22

    Who holds the shares, quarter by quarter

    Mutual funds 19.65% (+4.05 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters37.5%
    • Foreign institutions18.6%
    • Mutual funds19.6%
    • Insurance5.7%
    • Other domestic institutions2.2%
    • Retail9.6%
    • Others6.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Contra Fund2.22%1.32%+0.35 pp
    SBI Balanced Advantage Fund1.93%1.30%+0.16 pp
    Kotak Multi Cap Fund1.03%0.95%-1.20 pp
    Kotak Multi Asset Allocation Fund0.74%1.38%-0.74 pp
    SBI Flexicap Fund0.74%0.90%-0.25 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 248 daily sessions to 11 Sept 2026.

    Computed

    Risk

    Volatility (1Y)
    41.9%
    Downside volatility
    43.8%
    Worst 5% of days
    3.6%
    Average of that tail
    6.4%
    Max drawdown (1Y)
    25.5%
    Below its peak
    18.6%

    Against the market

    Beta vs Nifty 50
    1.61
    Correlation
    0.50
    Relative strength (3M)
    -14.4%
    ATR (14)
    3.0%

    Return

    Return 1M
    +0.4%
    Return 3M
    -16.3%
    Return 6M
    -3.1%
    Return 1Y
    —
    vs 200-day average
    +1.7%

    Momentum

    RSI (14)
    56.7
    MACD histogram
    1.71
    Stochastic %K
    89.5
    ADX (14)
    19.5
    +DI / −DI
    29.7 / 22.3
    Money flow index
    69.8

    Participation

    Delivery (20d avg)
    41.9%
    vs its 60-day baseline
    -1.0 pts
    Volume vs 20-day
    +4.1σ
    Close vs day's VWAP
    +0.3%
    52-week position
    51 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 30 Jun 2026.

    Computed

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      17 Aug 2026
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      14 Aug 2025
      ex-date
    • dividend
      ₹1.50

      Annual General Meeting/Dividend - Rs 1.50 Per Share

      13 Aug 2024
      ex-date
    • dividend
      ₹1.50

      Annual General Meeting/Dividend - Rs 1.50 Per Share

      11 Aug 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      2 Aug 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 1 Per Share

      29 Jul 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      13 Aug 2020
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend - Rs 3 Per Share

      20 Jun 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend Re 1/- Per Share

      12 Jul 2018
      ex-date

    Company announcements

    Company Update
    Update On Analysts / Institutional Investors Meet Held On September 11, 2026

    Update on Analysts / Institutional Investors Meet held on September 11, 2026.

    Company Update
    Schedule Of Analysts / Institutional Investors Meets To Be Held On September 17, 2026 And September 21, 2026

    Schedule of Analysts / Institutional Investors Meets to be held on September 17, 2026 and September 21, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of Equity Shares of the Bank pursuant to exercise of Options under Bandhan Bank Employee Stock Option Plan Series 1.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analysts / Institutional Investors Meet to be held on September 11, 2026.

    Others
    Rumour verification - Regulation 30(11)

    Clarification/ confirmation on news item.

    Company UpdatePrice-sensitive
    Clarification sought from Bandhan Bank Ltd

    The Exchange has sought clarification from Bandhan Bank Ltd on 08th September, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated 08th September, 2026 quoting ....

    Company Update
    ESG Rating

    ESG Rating.

    Company Update
    Grant Of Equity Stock Options

    Grant of Equity Stock Options.

    Others
    Board Meeting Outcome for Outcome Of Board Meeting Held On September 05, 2026

    Outcome of Board Meeting held on September 05, 2026.

    Company Update
    Update On Analyst / Institutional Investors Meet Held On September 01, 2026

    Update on Analysts / Institutional Investors Meet held on September 01, 2026.

    Company Update
    ESG Rating

    ESG Rating.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analyst Meet / Institutional Investor Meet to be held on September 01, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Outcome of 12th AGM of Bandhan Bank Limited, including Proceedings, Voting Results and Scrutinizer's Report.

    Company Update
    Update On Analyst / Institutional Investors Meet Held On August, 17, 2026

    Update on Analyst / Institutional Investors Meet held on August, 17, 2026.

    Company Update
    Update On Analyst / Institutional Investors Meet Held On August 13, 2026

    Update on Analyst / Institutional Investors Meet held on August 13, 2026.

    Filed with BSE (scrip 541153); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 1 Feb 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.