Kolkata-based universal bank rooted in East India micro-banking, housing, retail and wholesale lending.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5,631 | +2.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 502 | +34.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 5.40 | −7.0 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | -0.21 | −17.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Guidance
1 of 7 judged targets kept · 19 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Secured Loan Mix | 55%+ by FY27 | Q3 FY25 | Remains achieved with secured mix at 57% of total advances. | Achieved |
| Net Interest Margin (NIM) | 7% to 7.5% for FY25 | Q1 FY25 | Promise concluded. Target for FY25 was missed. | Missed |
| Return on Assets (RoA) | ~2% in the Medium Term | Q3 FY25 | RoA at 1.0% and long-term guidance revised down to 1.2-1.4% makes the original ~2% target highly improbable. | At Risk |
6 of Bandhan Bank Limited's 26 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 23 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: ₹170 on 24 Oct 2025 → ₹151.91. High ₹216.74 (16 Jun 2026), low ₹135.47 (8 Dec 2025).
Overview
Based on the company's own presentations, annual report and earnings calls.
Bandhan Bank is a scheduled commercial (universal) bank headquartered in Kolkata that lends through four business lines: Emerging Entrepreneurs Business (EEB), an East-India-centric group-loan and small-business/agri-loan micro-banking book; housing finance; retail banking; and wholesale/corporate banking. It funds this lending book through a deposit franchise built on savings, current and term accounts gathered across its branch and banking-outlet network. Its outlet network is concentrated in East and North-East India but has been expanding into Central, Northern, Southern and Western India to diversify beyond its home markets.
Segments
close before → close after
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Guidance
1 of 7 judged targets kept · 19 open · verdicts reflect calls analysed to Q1 FY27.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Secured Loan Mix | 55%+ by FY27 | Q3 FY25 | Remains achieved with secured mix at 57% of total advances. | Achieved |
| Net Interest Margin (NIM) | 7% to 7.5% for FY25 | Q1 FY25 | Promise concluded. Target for FY25 was missed. | Missed |
| Return on Assets (RoA) | ~2% in the Medium Term | Q3 FY25 | RoA at 1.0% and long-term guidance revised down to 1.2-1.4% makes the original ~2% target highly improbable. | At Risk |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 26 tracked commitments, with each call’s wording and source.
Call summaries
Bandhan Bank Limited Q1 FY27
Bandhan Bank delivered a resilient Q1 FY27 with strong growth in advances, deposits, and PAT, driven by diversification into secured and non-EEB segments. Asset quality improved with declining credit costs. However, the bank revised its ROA guidance downwards due to persistent external headwinds, including elevated funding costs and rising technology expenses, which are expected to impact profitability.
Read the full callBandhan Bank Q4 FY26
Bandhan Bank reported a strong Q4 FY26, marked by robust growth in advances (13% YoY) and deposits (10% YoY), alongside significant improvements in asset quality with gross slippages declining to INR 1,028 crores. Profitability saw a notable uplift, with NIMs expanding to 6.2% and net profit soaring 68% YoY to INR 534 crores, supported by a healthy capital adequacy of 18.0%. The bank is strategically focused on enhancing its liability franchise, optimizing costs, and achieving its ambitious ROA and credit cost targets for FY27, despite facing some non-recurring expenses and external uncertaint
Read the full callBandhan Bank Q3 FY26
Bandhan Bank reported a quarter of steady progress in Q3 FY26, marked by healthy advances growth, sequential NIM improvement, and significant asset quality enhancement post an ARC sale. The bank strategically diversified its portfolio towards secured assets and improved deposit granularity by paring down high-cost bulk deposits. However, profitability was impacted by a one-off provision for new labor codes and a YoY decline in CASA deposits, which the bank is actively addressing through product enhancements and digital initiatives.
Read the full callEvery analysed call
Fundamentals
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
Net profit, year on year: +35% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 5,500 | 5,479 | 5,434 | 5,476 | 5,354 | 5,431 | 5,428 | 5,631 |
| Expenses | 2,294 | 3,281 | 3,144 | 2,962 | 2,977 | 3,089 | 2,802 | 2,849 |
| Other income | 609 | 1,112 | 700 | 726 | 546 | 691 | 771 | 604 |
| Interest | 2,566 | 2,664 | 2,678 | 2,718 | 2,765 | 2,743 | 2,633 | 2,710 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1,249 | 645 | 311 | 521 | 158 | 290 | 764 | 676 |
| Tax rate | 25.0% | 34.0% | −2.0% | 29.0% | 29.0% | 29.0% | 30.0% | 26.0% |
| Net profit | 937 | 426 | 318 | 372 | 112 | 206 | 534 | 502 |
| EPS (₹ per share) | 5.82 | 2.65 | 1.97 | 2.31 | 0.69 | 1.28 | 3.32 | 3.11 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 15,904 | 18,869 | 21,949 | 21,689 |
| Expenses | 8,835 | 9,547 | 10,834 | 11,830 |
| Other income | 2,468 | 2,171 | 2,949 | 2,734 |
| Interest | 6,644 | 8,551 | 10,439 | 10,859 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 2,893 | 2,942 | 3,623 | 1,733 |
| Net profit | 2,194 | 2,230 | 2,744 | 1,224 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 |
| Reserves | 15,770 | 17,973 | 19,999 | 22,994 | 22,971 | 23,964 |
| Borrowings | 19,921 | 24,711 | 16,372 | 11,138 | — | 14,303 |
| Deposits | 96,331 | 1,08,065 | 1,35,202 | 1,51,212 | — | 1,66,344 |
| Other liabilities | 5,234 | 3,677 | 4,659 | 4,520 | 4,236 | 4,902 |
| Total liabilities | 1,38,867 | 1,56,037 | 1,77,842 | 1,91,476 | 1,95,011 | 2,11,124 |
| Fixed assets | 415 | 509 | 959 | 855 | 1,197 | 931 |
| Capital work in progress | 173 | 346 | 214 | 325 | 0 | 470 |
| Investments | 29,079 | 32,366 | 29,288 | 40,712 | 45,672 | 38,668 |
| Other assets | 1,09,200 | 1,22,817 | 1,47,381 | 1,49,584 | 1,48,142 | 1,71,054 |
| Total assets | 1,38,867 | 1,56,037 | 1,77,842 | 1,91,476 | 1,95,011 | 2,11,124 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Return on equity | 14.0% | 1.0% | 12.0% | 11.0% | 12.0% | 5.0% |
| Dividend payout | 7.0% | 0.0% | 11.0% | 11.0% | 9.0% | 20.0% |
The businesses behind the company’s reported revenue.
Retail Banking contributes 77.4% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
₹5,528.64 crore
₹829.59 crore
₹658.52 crore
₹123.48 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Retail Banking | 5,528.64 | 77.4% |
| Wholesale Banking | 829.59 | 11.6% |
| Treasury | 658.52 | 9.2% |
| Other Banking Operations | 123.48 | 1.7% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Promoters hold 37.00% as of Sept 2026; institutions added 0.32 pts since Jun 2026.
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
The same filing shows 3 holders trimming and 3 off the list — both are in the register beside this.
Named in the Sep 2026 filing
Every holder of Bandhan Bank Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 36.99% | −0.54 pp | |
| Mutual fund | 8.15% | newly disclosed |
| Insurer | 3.69% | unchanged |
| 2.66% | newly disclosed | |
| Mutual fund | 1.99% | +0.38 pp |
| Mutual fund | 1.73% | unchanged |
| Sovereign | 1.71% | −0.13 pp |
| FPI fund | 1.55% | −0.05 pp |
| FPI fund | 1.31% | unchanged |
| AIF | 1.17% | unchanged |
| Mutual fund | — | off the list |
| Mutual fund | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Filings to Sep 2026
0 new, 8 added, 3 trimmed, 0 sold out — net −15.42 L shares (−0.9%).
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Contra Fund SBI Mutual Fund | ₹657 Cr | −14.36 L | May '25 |
| SBI Balanced Advantage Fund SBI Mutual Fund | ₹595 Cr | held | Sep '24 |
| SBI Multi Asset Allocation Fund SBI Mutual Fund | ₹365 Cr | held | Sep '24 |
| SBI Flexicap Fund SBI Mutual Fund | ₹227 Cr | held | Apr '26 |
| SBI ELSS Tax Saver Fund SBI Mutual Fund | ₹214 Cr | held | Jul '26 |
| HDFC Large & Mid Cap Fund HDFC Mutual Fund | ₹165 Cr | held | Jan '24 |
| SBI Banking And Financial Services Fund SBI Mutual Fund | ₹160 Cr | held | Jul '26 |
| HDFC Multi Cap Fund HDFC Mutual Fund | ₹147 Cr | held | Dec '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
8 added, 3 trimmed — net −15.42 L shares (−0.9%)
Shares held by these funds +567%
Oct '23 16.83 cr shares Sep '26
Your own record
Free account: one company. Everything above stays public.
Write why you follow Bandhan Bank Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Guides on how to read this kind of business and the numbers that matter.
