Dhanlaxmi Bank Limited

BSE: 532180 NSE: DHANBANK
Dhanlaxmi Bank Limited - financial services in Thrissur, Kerala, India. FY 2026 financials & compliance.
CIN L65191KL1927PLC000307 Incorporated 14 November 1927 ROC Ernakulam HQ Thrissur, Kerala, India
Active Listed - NSE: DHANBANK · BSE: 532180 Public Limited Company financial services
Data last updated
Market Cap
₹1,234 Cr
DHANBANK · NSE
Share Price
₹31.55
+0.90% today
Revenue
₹815 Cr
FY 2025-26 · +24.9% YoY
Net Profit
₹103 Cr
FY 2025-26 · +54.2% YoY
P/E (TTM)
9.0x
P/B 0.9x
ROE
5.3%
as on 30 Oct 2026
Authorised capital
₹500 Cr
Registered with MCA
Paid-up capital
₹394.7 Cr
Issued & subscribed

About Dhanlaxmi Bank Limited

Data last updated:

Dhanlaxmi Bank Limited is a public limited company based in Thrissur, Kerala, India. It operates in the banking institutions segment of the financial services sector. It was incorporated on 14 November 1927 and has been in existence for over 99 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L65191KL1927PLC000307. Its GSTIN is 32AABCT0019J1ZT (Kerala). The company holds 17 GST registrations, of which 15 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532180 and NSE: DHANBANK.

The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹394.7 Cr. It was formerly known as The Dhanalakshmi Bank Ltd and Dhanalakshmi Bank Ltd. It is led by directors including Kunhi Krishnan Ajithkumar (Managing Director) and Purusothaman Suriaraj (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Dhanalakshmi Bank Buildingnaickanal Naickanal, Thrissur, Kerala, India – 680001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹814.72 Cr, a growth of 24.9% compared to the previous year. For the same year it recorded a net profit of ₹102.74 Cr (net margin 12.6%). The net worth stands at ₹1,473.92 Cr (up 5.6% YoY). Total assets are valued at ₹21,239 Cr (up 18.4% YoY).

The company is associated with 1 brand: Dhanlaxmi Bank. Court records list 7,976 cases involving the company, including 6,837 filed by the company and 1,141 filed against it; 333 cases are pending. The company has 101 deals on record (84 market trades, 7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1,060.72 Cr; the latest was in February 2024. Its 5 peer companies in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks) are compared by revenue, 2 larger and 3 smaller; the largest is Fincare Small Finance Bank Limited with revenue of ₹1,970.8 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhanbank.com.

Company details

CIN L65191KL1927PLC000307
Registration Number 000307
Incorporation Date 14 November 1927
ROC Ernakulam
Listing Status Listed - Listed on NSE (DHANBANK); Listed on BSE (532180)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Dhanlaxmi Bank has undergone 2 name changes throughout its history. The company was previously known as The Dhanalakshmi Bank Ltd, and Dhanalakshmi Bank Ltd. The current legal name is Dhanlaxmi Bank Limited.

Company NameStatus
Dhanlaxmi Bank LimitedCurrent
The Dhanalakshmi Bank LtdPrevious
Dhanalakshmi Bank LtdPrevious
Key People
Kunhi Krishnan Ajithkumar Managing Director Purusothaman Suriaraj Whole-Time Director Madhusoodanan Kannimel Narayana Panicker Director

Contact details

Dhanlaxmi Bank Limited's registered office is in Thrissur, Kerala. Its website is dhanbank.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    dhanbank.com
  • Social Media
  • Registered Address
    Dhanalakshmi Bank Buildingnaickanal Naickanal, Thrissur, Kerala, India – 680001
  • Industry
    Financial Services, Banking Institutions

To see the full contact details of Dhanlaxmi Bank Limited, buy the company report.

Comprehensive company report
Dhanlaxmi Bank Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Dhanlaxmi Bank operates one associated brand: Dhanlaxmi Bank. Each brand links to its own profile.

BrandDescriptionWebsite
Dhanlaxmi Bank
Financial services are offered by Dhanlaxmi Bank across India.dhanbank.com

Business activity

The main business activity of Dhanlaxmi Bank is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK1Banking activities by Central, Commercial and Saving banks

To see the full business activity and turnover split of Dhanlaxmi Bank Limited, buy the company report.

Financials of Dhanlaxmi Bank Limited

FY 2025-26 filings available

Dhanlaxmi Bank Limited reported revenue of ₹814.72 Cr (up 24.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹815 Cr
+24.9% YoY
EBITDA
-
Profit After Tax
₹103 Cr
+54.2% YoY
Net Worth
₹1,474 Cr
+5.6% YoY
Total Assets
₹21,239 Cr
+18.4% YoY
Total Debt
₹19,380 Cr
+19.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue815652611550531452486
Revenue growth+24.9%+6.8%+11.0%+3.6%+17.6%-7.0%-
Profit before tax13871.6270.4831.6237.1042.6346.08
Net profit10366.6457.8249.3735.9137.1965.78
Balance sheet
Total assets21,23917,94115,96315,13613,80013,09812,267
Net worth1,4741,3951,030961900864827
Total debt19,38016,21314,58913,84412,55311,86211,082
Cash & bank1,0721,0809758477369851,129
Cash flow
Cash from operations631(4.79)17.29216139(90.25)554
Cash from investing(790)(32.31)111(106)(388)(26.62)(25.00)
Cash from financing1501420.000.000.00(27.50)(22.90)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue235213256203177178177171
Revenue growth (YoY)+33.3%+19.1%+44.6%+19.3%+2.2%+35.2%--
Other income47.4534.8969.2949.2534.5539.3043.0942.20
Depreciation0.000.000.000.000.000.000.000.00
Profit before tax64.1335.5478.9623.8823.2012.1827.1819.88
Tax15.5810.6335.470.000.000.00(1.80)0.03
Net profit48.5524.9143.4923.8823.2012.1828.9819.85

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue235213256203177178177171
Revenue growth (YoY)+33.3%+19.1%+44.6%+19.3%+2.2%+35.2%--
Other income47.4534.8969.2949.2534.5539.3043.0942.20
Depreciation0.000.000.000.000.000.000.000.00
Profit before tax64.1335.5478.9623.8823.2012.1827.1819.88
Tax15.5810.6335.470.000.000.00(1.80)0.03
Net profit48.5524.9143.4923.8823.2012.1828.9819.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue815652611550531452486
Revenue growth+24.9%+6.8%+11.0%+3.6%+17.6%-7.0%-
Other income19216915374.52169122113
Depreciation29.9725.3325.0821.1120.0215.3313.32
Profit before tax13871.6270.4831.6237.1042.6346.08
Tax35.474.9812.66(17.75)1.195.44(19.70)
Net profit10366.6457.8249.3735.9137.1965.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital395395253253253253253
Reserves & surplus1,0791,001777708647611574
Shareholders' funds (net worth)1,4741,3951,030961900864827
Secured loans737200299492150150178
Unsecured loans18,64316,01314,29013,35212,40311,71210,904
Total debt19,38016,21314,58913,84412,55311,86211,082
Total liabilities21,23917,94115,96315,13613,80013,09812,267
Assets
Investments4,2573,9553,9423,8894,0444,4393,682
Cash & bank balances1,0721,0809758477369851,129
Loans & advances702665670691657662745
Total assets21,23917,94115,96315,13613,80013,09812,267
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,0809758477369851,129623
Net cash from operating activities631(4.79)17.29216139(90.25)554
Net cash from investing activities(790)(32.31)111(106)(388)(26.62)(25.00)
Net cash from financing activities1501420.000.000.00(27.50)(22.90)
Net change in cash(8.02)105128111(249)(144)506
Closing cash1,0721,0809758477369851,129
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+24.9%+6.8%+11.0%+3.6%+17.6%-7.0%-
Net income growth+54.2%+15.3%+17.1%+37.5%-3.4%-43.5%-
Profitability & leverage
Return on net worth+5.3%+3.7%+3.6%+3.1%+2.3%+2.4%+4.4%
Efficiency & per share
EPS (₹)2.601.692.291.951.421.472.60
Dividend per share (₹)0.000.000.000.000.000.000.00

To see the full year-wise statements and ratios of Dhanlaxmi Bank Limited, buy the company report.

Board of directors of Dhanlaxmi Bank Limited

Dhanlaxmi Bank has 10 current directors and 63 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhusoodanan Kannimel Narayana Panicker
Also directs: KNM Plantations LLP, KNM Farms LLP, Solidstructure Engineers LLP and 5 more
Director09 Nov 20223 Years 11 MonthsCurrent
Nirmala Padmanabhan
Also directs: Bhume Women's Collective Private Limited, Teresian Innovation and Business Incubation Council
Director09 Nov 20223 Years 11 MonthsCurrent
Gangadharan Nair RajagopalanDirector17 Aug 20206 Years 2 MonthsCurrent
Vardhini KalyanaramanDirector21 Feb 20233 Years 8 MonthsCurrent
Jaganathan SujathaNominee Director19 Nov 20250 Years 11 MonthsCurrent
Ashutosh Khajuria
Also directs: Kriti Nutrients Limited, Sbi Mutual Fund Trustee Company Private Limited, Clearcorp Dealing Systems (India) Limited
Director22 Mar 20251 Years 7 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Dhanlaxmi Bank Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fincare Small Finance Bank Limited₹1,970.8 Cr (FY 2023)20.0%Ahmedabad, Gujarat, India
Airtel Payments Bank Limited₹1,835.8 Cr (FY 2024)42.0%New Delhi, Delhi, India
Capital Small Finance Bank Limited₹994.52 Cr (FY 2025)15.0%Punjab, India
Dhanlaxmi Bank Limitedthis company₹814.72 Cr (FY 2026)₹102.74 Cr12.6%24.9%Thrissur, Kerala, India
The Nainital Bank Limited₹754.92 Cr (FY 2024)25.0%Uttarakhand, India
Shivalik Small Finance Bank Limited₹309.38 Cr (FY 2024)41.0%New Delhi, Delhi, India

To see the full peer comparison of Dhanlaxmi Bank Limited, buy the company report.

Auditor

Dhanlaxmi Bank Limited is audited by KRISHNAMOORTHY & KRISHNAMOORTHY CHARTERED ACCOUNTANTS for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KRISHNAMOORTHY & KRISHNAMOORTHY CHARTERED ACCOUNTANTSFY 2023001488S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 14.20%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 85.70%.

DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 14.20%Retail & Others: 85.70%
Sep 2026
QUARTER
0.10% DII (Domestic Institutional)
14.20% FII (Foreign Institutional)
85.70% Retail & Others
Public holding - history
Now 100.00% · Sep 2026High 100.00% · Dec 2025Low 100.00% · Dec 2025
99%99.3%99.5%99.8%100%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 100.00%Mar 2026: 100.00%Jun 2026: 100.00%Sep 2026: 100.00%100.00%100.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters0.00%0.00%0.00%0.00%
Public100.00%100.00%100.00%100.00%

Deals & funding

Dhanlaxmi Bank Limited has 101 deals on record (84 market trades, 7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1,060.72 Cr; the latest was in February 2024.

Total deals
101
Market trades
84
Funding rounds
7
Secondary share transfers
4
QIPs
3
Disclosed funding
₹1,060.72 Cr

Deals on record (5 of 101)

WhenDealAmountParties
Feb 2024Market trade₹33.35 CrBuyer: Multiplier Share and Stock Advisors Private Limited , Setu Securities Private Limited , Mansi Share And Stock Advisors Pvt Ltd
Seller: Multiplier Share and Stock Advisors Private Limited , Setu Securities Private Limited , Sahastraa Advisors Private Limited
Jan 2024Market trade₹7.86 CrBuyer: Setu Securities Private Limited
Seller: Setu Securities Private Limited
Jan 2024Market trade₹34.28 CrBuyer: Mansi Share And Stock Advisors Pvt Ltd, Topgain Finance Private Limited , Setu Securities Private Limited
Seller: Mansi Share And Stock Advisors Pvt Ltd, Topgain Finance Private Limited , Setu Securities Private Limited
Jan 2024Market trade₹28.03 CrBuyer: Santosh Industries Ltd
Seller: Narantak Dealcomm Ltd , Santosh Industries Ltd
Jan 2024Market trade₹8.65 CrBuyer: Hrti Private Limited
Seller: Hrti Private Limited

To see the full deal history of Dhanlaxmi Bank Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Dhanlaxmi Bank Limited was last rated by Brickwork on 15 Jun 2022.

Rating agencyRated onRating
Brickwork15 Jun 2022

To see the full credit ratings and regulatory alerts of Dhanlaxmi Bank Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dhanlaxmi Bank Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Dhanlaxmi Bank has 17 GST registrations: 15 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
17
Active
15
Cancelled / inactive
2
GSTINStateStatusRegistered on
32AABCT0019J1ZTKeralaActive01 Jul 2017
03AABCT0019J1ZUPunjabActive01 Jul 2017
04AABCT0019J1ZSChandigarhActive01 Jul 2017
06AABCT0019J1ZOHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Dhanlaxmi Bank Limited, buy the company report.

Recent activity

Dhanlaxmi Bank Limited has 123 board changes on record since 2000: 67 appointments and 56 cessations. The latest: Jaganathan Sujatha was appointed as Nominee Director on 19 Nov 2025.

Filing
Dhanlaxmi Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ernakulam.
Appointed
Jaganathan Sujatha was appointed as Nominee Director.
AGM
Dhanlaxmi Bank Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Ashutosh Khajuria was appointed as Director.
Ceased
Sreesankar Radhakrishnan ceased to be Director.
Appointed
Purusothaman Suriaraj was appointed as Whole-Time Director.
Appointed
Chittilangatt Kalam Jineesh Nath was appointed as Director.
Ceased
Jenamejayan Kamalam Shivan ceased to be Managing Director.
Appointed
Kunhi Krishnan Ajithkumar was appointed as Managing Director.
Ceased
Chittilangatkalam Gopinathan ceased to be Director.
Ceased
Jaya Kumar Yarasi ceased to be Nominee Director.
Appointed
Nageswara Rao Chatradi was appointed as Nominee Director.

114 earlier events are in the company report.

News

DHANBANK: Q2 SL NET PROFIT 489M RUPEES VS 232M (YOY)
26 Oct 2026 · Exchange Update
DHANBANK: Q2 GNPA 1.76% VS 1.82% (QOQ); Q2 NNPA 0.45% VS 0.47% (QOQ)
26 Oct 2026 · Exchange Update
DHANBANK: Q2 REVENUE 4.7B RUPEES VS 3.84B (YOY)
26 Oct 2026 · Exchange Update
Dhanlaxmi Bank Ltd: Reports Business Growth For H1 FY27; Total Business Grows 21.08% To ₹36,500 Crore; Total Deposits Rise 20.15% To ₹20,552 Crore; Gross Advances Increase 22.29% To ₹15,948 Crore; Gold Loans Surged By 53.43% To ₹6,823 Crore.
01 Oct 2026 · Exchange Update

Frequently asked questions

Dhanlaxmi Bank is an active public limited company based in Thrissur, Kerala, India. The company works in banking institutions, within the financial services industry. It was incorporated on 14 November 1927 (99+ years old) and is registered under CIN L65191KL1927PLC000307. Listed on BSE: 532180 and NSE: DHANBANK.

Dhanlaxmi Bank reported revenue of ₹814.72 Cr for FY 2025-26 (up 24.9% YoY) based on standalone financials.

Dhanlaxmi Bank has 10 current directors:

The latest financial statements of Dhanlaxmi Bank on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Dhanlaxmi Bank is 32AABCT0019J1ZT, registered in Kerala. The company has 17 GST registrations in all, of which 15 are active and 2 are cancelled or inactive. Other active GSTINs include 03AABCT0019J1ZU (Punjab), 04AABCT0019J1ZS (Chandigarh), 06AABCT0019J1ZO (Haryana).

The CIN (Corporate Identification Number) of Dhanlaxmi Bank is L65191KL1927PLC000307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Dhanlaxmi Bank is a listed company as per MCA records. Its shares are listed on both BSE (code: 532180) and NSE (symbol: DHANBANK).

Dhanlaxmi Bank has 7,976 court cases on record: 6,837 filed by the company and 1,141 filed against it. 333 are pending. Most are in the district courts.

Dhanlaxmi Bank was incorporated on 14 November 1927, making it 99+ years old. It is registered with the Registrar of Companies, Ernakulam.

Dhanlaxmi Bank has 101 deals on record (84 market trades, 7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1,060.72 Cr; the latest was in February 2024.

The peers of Dhanlaxmi Bank by revenue are Fincare Small Finance Bank Limited, Airtel Payments Bank Limited, Capital Small Finance Bank Limited, The Nainital Bank Limited, Shivalik Small Finance Bank Limited, all in the BFSI industry (Banks), with the same principal business activity (banking activities by central, commercial and saving banks).