|
06 Sep 2025 |
DCB Bank
|
Consensus Share Price Target
|
124.76 |
169.44 |
- |
35.81 |
buy
|
|
|
|
|
31 Jul 2022
|
DCB Bank
|
Prabhudas Lilladhar
|
124.76
|
120.00
|
85.40
(46.09%)
|
Target met |
Buy
|
|
|
|
|
31 Jul 2022
|
DCB Bank
|
Motilal Oswal
|
124.76
|
90.00
|
85.40
(46.09%)
|
Target met |
Neutral
|
|
|
|
|
21 Jun 2022
|
DCB Bank
|
Axis Direct
|
124.76
|
115.00
|
76.20
(63.73%)
|
Target met |
Buy
|
|
|
We retain our estimates and maintain our BUY recommendation on the stock with a target price of Rs 115/share, implying an upside of 54% from the CMP.
|
|
12 May 2022
|
DCB Bank
|
Anand Rathi
|
124.76
|
110.00
|
83.95
(48.61%)
|
Target met |
Buy
|
|
|
|
|
09 May 2022
|
DCB Bank
|
Axis Direct
|
124.76
|
115.00
|
80.90
(54.22%)
|
Target met |
Buy
|
|
|
We believe the stock trades at attractive valuations (0.5x FY24E ABV) and the improving operating performance and asset quality are key triggers for re-rating the stock. We maintain our BUY rating with a target price of Rs 115/share (0.8x FY24E ABV), implying an upside of 47% from CMP.
|
|
08 May 2022
|
DCB Bank
|
Motilal Oswal
|
124.76
|
90.00
|
80.90
(54.22%)
|
Target met |
Neutral
|
|
|
|
|
08 May 2022
|
DCB Bank
|
Prabhudas Lilladhar
|
124.76
|
120.00
|
80.90
(54.22%)
|
Target met |
Buy
|
|
|
|
|
10 Feb 2022
|
DCB Bank
|
Axis Direct
|
124.76
|
115.00
|
84.80
(47.12%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating with a revised target price of Rs 115/share (0.8x FY24E ABV), implying an upside of 32% from CMP.
|
|
10 Feb 2022
|
DCB Bank
|
Chola Wealth Direct
|
124.76
|
|
84.80
(47.12%)
|
|
Buy
|
|
|
Background: DCB Bank Limited (formerly Development Credit Bank Limited) has a deposit base of 317bn and advances of 268bn at the end of 2QFY22, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~15% stake. DCB services entail Corporate Banking - 11%, SME -10%, Agriculture 22%, Mortgages...
|
|
09 Feb 2022
|
DCB Bank
|
Motilal Oswal
|
124.76
|
100.00
|
84.80
(47.12%)
|
Target met |
Neutral
|
|
|
DCB Bank (DCBB) reported a mixed 3QFY22 as the miss on operating performance was offset by lower provisions, resulting in in-line earnings. NIMs improved sharply by 24bp QoQ to 3.61%. On the business front, advances grew ~3% QoQ, while deposit growth was modest at 1.5% QoQ. GNPAs increased 4% QoQ, while net NPAs declined 1.5% QoQ, as slippage stood elevated at INR4.57b (INR4.17b in 2QFY22). The o/s restructured book stood at INR18.8b (6.8% of loans). Collection efficiency remained...
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