DCB Bank Limited (IN:DCBBANK)
:DCBBANK
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DCB Bank Limited
(DCBBANK)
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Rating:64Neutral
Price Target:
₹201.00
▲(11.73% Upside)
Action:ReiteratedDate:04/09/26
The score is driven by attractive valuation (low P/E) and generally supportive price trend versus moving averages. These positives are offset by weaker financial quality—especially negative operating/free cash flows and high leverage—which meaningfully increase risk and cap the overall rating.
Positive Factors
Diversified Business Model
DCB Bank’s client mix across retail, SMEs and corporate and its branch plus digital channels supports diversified and recurring revenue sources (interest and fee income). This structural mix reduces reliance on any single segment and supports resilience over multiple quarters.
Negative Factors
High Financial Leverage
High leverage (D/E ~2.87) increases sensitivity to credit stress and interest-rate shifts and can strain capital ratios. Over a multi-month horizon this elevates regulatory and funding risk, limiting flexibility for aggressive loan growth or large provisioning cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Business Model
DCB Bank’s client mix across retail, SMEs and corporate and its branch plus digital channels supports diversified and recurring revenue sources (interest and fee income). This structural mix reduces reliance on any single segment and supports resilience over multiple quarters.
Read all positive factors
DCB Bank Limited (DCBBANK) vs. iShares MSCI India ETF (INDA)
Market Cap
₹60.66B
Dividend Yield0.76%
Average Volume (3M)45.48K
Price to Earnings (P/E)7.5
Beta (1Y)1.24
Revenue Growth21.44%
EPS Growth17.14%
CountryIN
Employees11,268
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)5.85
Shares Outstanding321,901,760
10 Day Avg. Volume27,043
30 Day Avg. Volume45,476
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)0.63
Price to Sales (P/S)0.50
P/FCF Ratio-0.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹222.50Price Target Upside23.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)28.67
Revenue Forecast (FY)₹39.40B
DCB Bank Limited Business Overview & Revenue Model
Company Description
DCB Bank Limited provides various banking and financial products and services in India. It operates through Treasury Operations, Wholesale Banking, Retail Banking, and Other Banking Operations segments. The Treasury Operations segment engages in v...
How the Company Makes Money
DCB Bank primarily makes money through (1) interest income on loans and advances and (2) non-interest (fee) income from banking services. Its core earnings typically come from net interest income: the bank raises funds via customer deposits and ot...
DCB Bank Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 78.61B | 72.12B | 58.34B | 46.10B | 39.65B | 39.04B |
| Gross Profit | 23.07B | 28.48B | 24.00B | 21.27B | 18.10B | 17.33B |
| EBITDA | 8.97B | 9.30B | 8.16B | 7.05B | 4.53B | 5.09B |
| Net Income | 6.70B | 6.15B | 5.36B | 4.66B | 2.88B | 3.36B |
Balance Sheet | ||||||
| Total Assets | 788.90B | 768.10B | 630.37B | 523.66B | 448.40B | 396.02B |
| Cash, Cash Equivalents and Short-Term Investments | 25.00B | 34.51B | 30.66B | 23.68B | 40.91B | 30.89B |
| Total Debt | 59.29B | 163.12B | 110.86B | 82.17B | 74.93B | 70.82B |
| Total Liabilities | 729.18B | 711.19B | 579.66B | 478.00B | 407.91B | 358.44B |
| Stockholders Equity | 59.73B | 56.91B | 50.71B | 45.66B | 40.49B | 37.59B |
Cash Flow | ||||||
| Free Cash Flow | -3.13B | -112.55B | -13.75B | -17.32B | 14.49B | -15.82B |
| Operating Cash Flow | -2.63B | -111.19B | -12.40B | -15.66B | 16.06B | -15.02B |
| Investing Cash Flow | -14.56B | -27.92B | -106.18B | -1.65B | -1.57B | -793.73M |
| Financing Cash Flow | 15.21B | 135.43B | 101.84B | 81.40M | -3.98B | 10.75B |
DCB Bank Limited Technical Analysis
Positive
179.90
Price Trends
182.34
Positive
180.17
Positive
158.63
Positive
Market Momentum
0.36
Negative
59.51
Neutral
84.30
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DCBBANK, the sentiment is Positive. The current price of 179.9 is above the 20-day moving average (MA) of 172.04, below the 50-day MA of 182.34, and above the 200-day MA of 158.63, indicating a bullish trend. The MACD of 0.36 indicates Negative momentum. The RSI at 59.51 is Neutral, neither overbought nor oversold. The STOCH value of 84.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DCBBANK.
DCB Bank Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ₹103.64B | 5.96 | ― | 2.15% | 7.08% | 7.69% | |
74 Outperform | ₹92.05B | 6.68 | ― | 2.42% | ― | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | ₹60.66B | 7.47 | ― | 0.76% | 21.44% | 17.14% | |
58 Neutral | ₹70.22B | 13.04 | ― | ― | 32.90% | 12.28% | |
56 Neutral | ₹70.43B | 19.93 | ― | 1.63% | 10.02% | -120.18% | |
44 Neutral | ₹11.98B | 48.24 | ― | 2.64% | -8.71% | -2192.08% |
* Financial Sector Average
IN:DCBBANK
DCB Bank Limited
188.45
71.55
61.21%
IN:CSBBANK
CSB Bank Ltd.
404.75
73.15
22.06%
IN:EQUITASBNK
Equitas Small Finance Bank Ltd.
61.72
3.45
5.92%
IN:ESAFSFB
ESAF Small Finance Bank Limited
23.24
-4.65
-16.67%
IN:KTKBANK
Karnataka Bank Ltd.
243.40
65.72
36.99%
IN:TMB
Tamilnad Mercantile Bank Limited
654.50
239.81
57.83%
DCB Bank Limited Corporate Events
DCB Bank Announces Postal Ballot Notice Dispatch and E-Voting Details
Apr 7, 2026
DCB Bank Limited has published newspaper advertisements in Business Standard and Pudhari announcing the completion of dispatch of its Postal Ballot Notice dated March 18, 2026, and providing information on e-voting for shareholders. The disclosure...
DCB Bank names Pushan Mahapatra Independent Director, backs him for Part-Time Chair
Mar 9, 2026
DCB Bank Limited has appointed veteran banker Pushan Mahapatra as an Additional and Non-Executive Independent Director for a three-year term starting March 10, 2026, subject to shareholder approval. The move follows a board decision based on the n...
DCB Bank Uploads Q3 FY26 Earnings Call Audio for Investor Access
Jan 23, 2026
DCB Bank Limited has notified the stock exchanges that the audio recording of its earnings conference call with analysts and investors, held on 23 January 2026 to discuss the unaudited financial results for the third quarter and nine months ended ...
CRISIL Reaffirms High Credit Ratings for DCB Bank, Ups Certificate of Deposit Limit
Jan 21, 2026
CRISIL Ratings has reaffirmed DCB Bank’s long-term rating at ‘CRISIL AA-/Stable’ and short-term rating at ‘CRISIL A1+’ across its Tier II bond programmes, short-term bank facilities, short-term fixed deposit programme...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.