DCBBANK
DCB Bank share price & financials
- Price
- ₹184.59
- Market cap
- ₹6.0k Cr
- Sector
- Financial Services
- Calls analysed
- 8
DCB Bank Q1 FY27
What went well
- PAT grew 36% to INR 213 crores, marking the highest ever quarterly profit in the bank's history.
- ROE for the quarter was 13.61%, a 2.05% improvement over Q1 last year.
- Total deposits grew by 20.06% Y-o-Y and total advances by 17.06% Y-o-Y.
What to watch
- Yield on advances declined by 23 bps Q-o-Q, primarily due to a product mix favoring lower-yield gold loans in Q1.
- CASA ratio declined from 23.32% in Q1 FY26 to 21.65% in Q1 FY27.
What DCB Bank does
DCB Bank is a new-generation scheduled private-sector commercial bank promoted by the Aga Khan Fund for Economic Development, built around granular, secured small-ticket lending rather than large corporate exposures. It takes CASA, NRI, recurring and fixed deposits and lends through mortgages/loan-against-property, gold loans, agri and construction finance, commercial vehicle, tractor and auto loans, working capital/overdraft and co-lending, alongside SME/MSME, educational-institutional and corporate banking. It also earns fee income from cards (including co-branded DCB Niyo cards), payments (UPI, IMPS/NEFT/RTGS, POS), remittances and third-party distribution of life, general and health insurance and mutual funds through its branch network.
Segments
- Retail Banking
- SME Banking
- Agri & Inclusive Banking
- Corporate Banking
- Branches
- 469
- Employees (head count)
- 11,339
- Geographic footprint
- Branches spread across most Indian states and Union Territories, with the largest concentrations in Maharashtra, Gujarat, Andhra Pradesh, Rajasthan, Odisha, Madhya Pradesh, Delhi, Haryana, Telangana, Karnataka and Uttar Pradesh
- Distribution mix
- Branch network spans metro, urban, semi-urban and rural locations across India
- Promoter
- Promoted by the Aga Khan Fund for Economic Development (AKFED) and Platinum Jubilee Investments Limited
- Product breadth
- Deposit, card, payments, secured lending (mortgage, gold loan, agri, construction finance, commercial vehicle) and third-party insurance/mutual-fund distribution
Guidance record · Q1 FY27
what the last two calls moved 23 tracked 4 delivered 1 missed 18 open- ROA delivered, diluted said Q2 FY25 Promised: 1% for FY26 Q1 FY27: No new update. Promise was for FY26 and has been concluded.
- Employee Count went quiet said Q4 FY26 Promised: ~13,000 by end of FY27 Q1 FY27: No update provided on headcount numbers or progress towards the 13,000 target.
- Loan Growth revised down said Q2 FY25 Promised: 20% sustainably Q1 FY27: Q1 FY27 advances grew 17.1% YoY, which is below the revised guidance of 18-20%. The trajectory is currently at risk of missing the sustained target.
All 23 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 9.4%, net profit up 35.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,568 | 1,671 | 1,742 | 1,814 | 1,823 +16% | 1,861 +11% | 1,907 +9% | 1,984 +9% |
| Net profit | 155 | 151 | 177 | 157 | 184 +19% | 185 +23% | 206 +16% | 213 +36% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +80.3% 1Y
1Y: ₹125.53 on 10 Sept 2025 → ₹226.37. High ₹229.55 (8 Sept 2026), low ₹123.15 (29 Sept 2025).
How the price took the results
close before → close after
- Q1 FY27
- −2.6%
- 30 Jul
- Q4 FY26
- −3.2%
- 30 Apr
- Q3 FY26
- −3.1%
- 23 Jan
- Q2 FY26
- −0.7%
- 17 Oct
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.
Financials, as filed
Revenue grew 20.8% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹4.2k Cr | ₹5.4k Cr | ₹6.5k Cr | ₹7.4k Cr |
| Interest | ₹2.5k Cr | ₹3.4k Cr | ₹4.4k Cr | ₹4.9k Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹465 Cr | ₹537 Cr | ₹614 Cr | ₹732 Cr |
| Net margin | 11.1% | 10.0% | 9.5% | 9.9% |
| ROE | 11.0% | 11.0% | 11.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹311 Cr | ₹311 Cr | ₹312 Cr | ₹313 Cr | ₹315 Cr | ₹322 Cr |
| Reserves | ₹3.4k Cr | ₹3.7k Cr | ₹4.3k Cr | ₹4.8k Cr | ₹5.7k Cr | ₹6.2k Cr |
| Borrowings | ₹4.5k Cr | ₹4.1k Cr | ₹4.1k Cr | ₹6.2k Cr | — | ₹6.1k Cr |
| Deposits | ₹29.7k Cr | ₹34.7k Cr | ₹41.2k Cr | ₹49.4k Cr | — | ₹72.6k Cr |
| Other liabilities | ₹1.7k Cr | ₹2.0k Cr | ₹2.4k Cr | ₹2.4k Cr | ₹2.2k Cr | ₹2.9k Cr |
| Total liabilities | ₹39.6k Cr | ₹44.8k Cr | ₹52.4k Cr | ₹63.0k Cr | ₹78.9k Cr | ₹88.1k Cr |
| Fixed assets | ₹569 Cr | ₹608 Cr | ₹783 Cr | ₹841 Cr | ₹893 Cr | ₹949 Cr |
| Capital work in progress | ₹0 Cr | ₹53 Cr | ₹44 Cr | ₹24 Cr | ₹0 Cr | ₹41 Cr |
| Investments | ₹8.4k Cr | ₹9.1k Cr | ₹12.6k Cr | ₹16.2k Cr | ₹20.5k Cr | ₹20.4k Cr |
| Other assets | ₹30.6k Cr | ₹35.1k Cr | ₹39.0k Cr | ₹46.0k Cr | ₹57.5k Cr | ₹66.7k Cr |
| Total assets | ₹39.6k Cr | ₹44.8k Cr | ₹52.4k Cr | ₹63.0k Cr | ₹78.9k Cr | ₹88.1k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −3.79 pp while FIIs added +1.79 pp. The shareholder count shrank 16% to 1,77,116.
- Promoters
- 16.2%
- FIIs
- 13.5%
- DIIs
- 32.3%
- Public
- 38.0%
Since Jun 2025
- Public −3.79 pp
- FIIs +1.79 pp
- Promoters +1.53 pp
How it drifted, 12 quarters
Over this window DIIs fell from 39.0% to 32.3% — −6.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 14.8%, FIIs 12.7%, DIIs 39.0%, Public 33.5%.Dec '23: Promoters 14.8%, FIIs 13.0%, DIIs 34.2%, Public 38.0%.Mar '24: Promoters 14.8%, FIIs 12.8%, DIIs 29.6%, Public 42.8%.Jun '24: Promoters 14.8%, FIIs 14.7%, DIIs 27.6%, Public 43.0%.Sep '24: Promoters 14.7%, FIIs 11.1%, DIIs 26.6%, Public 47.6%.Dec '24: Promoters 14.7%, FIIs 10.8%, DIIs 27.9%, Public 46.5%.Mar '25: Promoters 14.7%, FIIs 9.6%, DIIs 29.2%, Public 46.5%.Jun '25: Promoters 14.7%, FIIs 11.7%, DIIs 31.8%, Public 41.8%.Sep '25: Promoters 14.7%, FIIs 10.5%, DIIs 31.9%, Public 42.9%.Dec '25: Promoters 16.2%, FIIs 11.9%, DIIs 32.1%, Public 39.7%.Mar '26: Promoters 16.2%, FIIs 12.6%, DIIs 32.8%, Public 38.3%.Jun '26: Promoters 16.2%, FIIs 13.5%, DIIs 32.3%, Public 38.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Altitude Investment Fund Pcc- Cell 1 FPI fund newly disclosed 1.51% held
- Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund Mutual fund newly disclosed 1.01% held
- Mahindra Manulife Small Cap Fund Mutual fund +0.41 pp 2.62% held
- Bandhan Small Cap Fund Mutual fund +0.31 pp 4.72% held
- Motilal Oswal Small Cap Fund Mutual fund +0.20 pp 1.97% held
- Mirae Asset Banking And Financial Services Fund Mutual fund +0.07 pp 1.94% held
The same filing shows 3 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of DCB Bank above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aga Khan Fund For Economic Development SA | 15.46% | unchanged |
| Tata Mutual Fund - Tata Small Cap Fund (All Schemes) Mutual fund | 5.03% | unchanged |
| Bandhan Small Cap Fund Mutual fund | 4.72% | +0.31 pp |
| Franklin India Smaller Companies Fund (All Schemes) Mutual fund | 3.79% | −0.21 pp |
| Sundaram Mutual Fund A/C Sundaram Financial Services Opportunities Fund Mutual fund | 3.33% | −0.08 pp |
| Oman India Joint Investment Fund Ii VC / PE | 2.86% | unchanged |
| Mahindra Manulife Small Cap Fund Mutual fund | 2.62% | +0.41 pp |
| Motilal Oswal Small Cap Fund Mutual fund | 1.97% | +0.20 pp |
| Mirae Asset Banking And Financial Services Fund Mutual fund | 1.94% | +0.07 pp |
| Altitude Investment Fund Pcc- Cell 1 FPI fund | 1.51% | newly disclosed |
| India Advantage Fund S4 I VC / PE | 1.30% | −0.64 pp |
| Murali M Natarajan | 1.16% | unchanged |
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.
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse DCB Bank
Guides on how to read this kind of business and the numbers that matter.