Share price at the NSE close on 23 Oct 2026. Previous close ₹37.09.
- Next results date: the board meets on 26 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,411 Cr1,441st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 Apr 2026
- 1.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 3.53%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026.
- 1.82%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026.
- 0.47%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026.
- 16.74%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 0.52%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 25,12,93034.8% delivered
Dhanlaxmi Bank board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonK.N MADHUSOODANAN
- Managing director and CEOAJITH KUMAR K.K
- Company SecretaryVENKATESH H
10 directors5 independent2 executive3 non-executive
- K.N MADHUSOODANAN · ChairpersonIndependent · joined Nov 2022 · 44 months as independent · 1 listed board · 1 as independent
- AJITH KUMAR K.K · Managing director and CEOExecutive · joined Jun 2024 · 25 months as independent · 1 listed board · 1 committee seat
- P. SURIARAJExecutive · joined Jan 2025 · 17 months as independent · 1 listed board · 1 committee seat
- G. RAJAGOPALAN NAIRIndependent · joined Aug 2020 · reappointed Jan 2022 · 71 months as independent · 1 listed board · 1 as independent · 1 committee seat
- NAGESWARA RAO CHATRADINominee, non-executive · joined Nov 2025 · 32 months as independent · 1 listed board · 1 committee seat
- Dr. NIRMALA PADMANABHANIndependent · joined Nov 2022 · 44 months as independent · 1 listed board · 1 as independent
- Dr.JINEESH NATH C.KNon-executive · joined Jul 2024 · 23 months as independent · 1 listed board · 2 committee seats, 1 as chair
- VARDHINI KALYANARAMANIndependent · joined Feb 2023 · 41 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- ASHUTOSH KHAJURIAIndependent · joined Mar 2025 · 15 months as independent · 2 listed boards · 2 as independent
- SUJATHA JAGANATHANNominee, non-executive · joined Nov 2025 · 7 months as independent · 1 listed board · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- D.K KASHYAP, left 18 Nov 2025: Others
- SREESANKAR RADHAKRISHNAN, left 3 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jun 202610 of 10 present5 independent · 8 days in between
- 15 Jun 202610 of 10 present5 independent · 47 days in between
- 28 Apr 202610 of 10 present5 independent · 34 days in between
- 24 Mar 202610 of 10 present5 independent · 14 days in between
3 earlier meetings
- 9 Mar 202610 of 10 present5 independent · 4 days in between
- 4 Mar 202610 of 10 present5 independent · 41 days in between
- 21 Jan 202610 of 10 present5 independent
Audit Committee
Chair VARDHINI KALYANARAMAN
G. RAJAGOPALAN NAIR, NAGESWARA RAO CHATRADI, Dr.JINEESH NATH C.K, SUJATHA JAGANATHAN
- 22 Jun 20265 of 5 present2 independent · 5 days in between
- 16 Jun 20265 of 5 present2 independent · 48 days in between
- 28 Apr 20265 of 5 present2 independent · 35 days in between
- 23 Mar 20265 of 5 present2 independent · 34 days in between
2 earlier meetings
- 16 Feb 20265 of 5 present2 independent · 25 days in between
- 21 Jan 20265 of 5 present2 independent
Nomination and remuneration committee
Chair Dr. NIRMALA PADMANABHAN
G. RAJAGOPALAN NAIR, Dr.JINEESH NATH C.K, K.N MADHUSOODANAN, VARDHINI KALYANARAMAN, ASHUTOSH KHAJURIA
- 29 Jun 20266 of 6 present5 independent · 65 days in between
- 24 Apr 20266 of 6 present5 independent · 27 days in between
- 27 Mar 20266 of 6 present5 independent · 8 days in between
- 18 Mar 20266 of 6 present5 independent · 68 days in between
1 earlier meeting
- 8 Jan 20266 of 6 present5 independent
Stakeholders Relationship Committee
Chair Dr.JINEESH NATH C.K
AJITH KUMAR K.K, VARDHINI KALYANARAMAN, P. SURIARAJ
No meeting listed in the filing.
Risk Management Committee
Chair ASHUTOSH KHAJURIA
AJITH KUMAR K.K, G. RAJAGOPALAN NAIR, Dr. NIRMALA PADMANABHAN, VARDHINI KALYANARAMAN
- 30 Jun 20265 of 5 present4 independent · 28 days in between
- 1 Jun 20265 of 5 present4 independent · 71 days in between
- 21 Mar 20265 of 5 present4 independent · 35 days in between
- 13 Feb 20265 of 5 present4 independent · 16 days in between
1 earlier meeting
- 27 Jan 20265 of 5 present4 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- Abraham & JosePeer-review certificate valid to Feb 2027
- Sagar AssociatesPeer-review certificate valid to Nov 2028
1 earlier auditor
- SAGAR & ASSOCIATESNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Dhanlaxmi Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Dhanlaxmi Bank dividend history
Annual general meeting, 23 Sep 2026
1,63,036 shareholders on the register on 17 Sep 2026; present: 0 promoters and 76 others; votes counted by V Suresh / V Suresh Associates.The company's voting result (opens in a new tab)
- Adoption of Bank’s Audited Balance Sheet and Profit and Loss as on 31st March, 2026 together with the reports of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Appointment of Dr. Jineesh Nath C.K (DIN-01476775) who retires by rotation under section 152 of the Companies Act, 2013 and being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Appointment of Joint Statutory Central Auditors for the Bank.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Authorization to Board of Directors to appoint and fix remuneration of branch auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Appointment of Sri. Rajan T.K. (DIN: 08990301) as Independent Director of the Bank.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Appointment of Sri. T.V Rao (DIN: 11878881) as Independent Director of the Bank.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
- Approval of Dhanlaxmi Bank Limited Employee Stock Option Plan 2025.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 26.17% · promoters 0.00% · institutions 1.60% · other public 30.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 5 resolutions
1,83,792 shareholders on the register on 23 Sep 2025; present: 0 promoters and 47 others; votes counted by GEORGE MATHEW / DSG & ASSOCIATES COMPANY SECRETARIES LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the Bank’s Audited Balance Sheet as at March 31, 2025 and the Profit & Loss Account for the year ended on that date together with the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: institutions 0.00% · other public 0.00%
Turnout: all 24.02% · institutions 1.27% · other public 28.13%
- To appoint a Director in the place of Dr. Jineesh Nath C.K(DIN-01476775) who retires by rotation under section 152 of the Companies Act,2013 and being eligible, offers himself for re-appointmentOrdinary98.04% for1.96% against
Against: institutions 0.00% · other public 1.98%
Turnout: all 24.02% · institutions 1.27% · other public 28.13%
- To appoint Joint Statutory Central Auditors for the BankOrdinary100.00% for0.00% against
Against: institutions 0.00% · other public 0.00%
Turnout: all 24.02% · institutions 1.27% · other public 28.13%
- Authorizing the Board of Directors to appoint and fix remuneration of branch auditorsOrdinary100.00% for0.00% against
Against: institutions 0.00% · other public 0.00%
Turnout: all 24.02% · institutions 1.27% · other public 28.13%
- To consider and approve the appointment of Shri. M. Vasudevan, Practicing Company Secretary as the Secretarial Auditor of the BankOrdinary99.99% for0.01% against
Against: institutions 0.00% · other public 0.01%
Turnout: all 24.02% · institutions 1.27% · other public 28.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Jun 2025, 1 resolution
1,86,718 shareholders on the register on 9 May 2025; votes counted by V SURESH / V SURESH ASSOCIATES.The company's voting result (opens in a new tab)
- Approval for appointment of Shri. Ashutosh Khajuria (DIN: 05154975) as Independent Director of the BankSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 40.19% · promoters 0.00% · institutions 67.11% · other public 35.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 18 Mar 2025, 2 resolutions
1,89,695 shareholders on the register on 12 Mar 2025; present: 0 promoters and 64 others; votes counted by V SURESH / V SURESH ASSOCIATES.The company's voting result (opens in a new tab)
- Appointment of Shri. Suriaraj (DIN-10901432) as Executive Director of the BankSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.02% · promoters 0.00% · institutions 67.10% · other public 37.47%
- To Authorize the Board of the Bank to issue Redeemable / Unsecured Non- convertible Debentures (NSDs)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.02% · promoters 0.00% · institutions 67.10% · other public 37.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 4 resolutions
Present: 0 promoters and 50 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Bank’s Audited Balance Sheet as at March 31, 2024 and the Profit & Loss Account for the year ended on that date together with the reports of the Board of Directors and Auditors thereonMoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 12.52% · promoters 0.00% · institutions 5.02% · other public 12.91%
- To appoint Joint Statutory Central Auditors for the BankOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 12.52% · promoters 0.00% · institutions 5.02% · other public 12.91%
- Authorizing the Board of Directors to appoint and fix remuneration of branch auditorsOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 12.52% · promoters 0.00% · institutions 5.02% · other public 12.91%
- Approval for appointment of Dr. Jineesh Nath C.K, Additional Director as Director of the BankOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 12.52% · promoters 0.00% · institutions 5.02% · other public 12.91%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 17 Sep 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Shri. Ajith Kumar K.K as Managing Director And Chief Executive Officer of the Bank and to Approve His Terms and Conditions of Appointment Including RemunerationSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 23.30% · promoters 0.00% · institutions 3.99% · other public 24.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
- APPROVAL FOR ALTERATION OF ARTICLES OF ASSOCIATION OF THE BANKSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 13.00% · promoters 0.00% · institutions 1.53% · other public 13.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 6 resolutions
Present: 0 promoters and 47 others.The company's voting result (opens in a new tab)
- Adoption of the Bank’s audited financial statements for the financial year ended March 31, 2023 together with the reports of the Board of Directors’ and Auditors’ thereon.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 9.43%
- Appointment of Director in place of Mr. Gopinathan C.K (DIN-01236752), who retires by rotation and is eligible for re-appointment.Ordinary99.79% for0.21% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 8.43% · promoters 0.00% · institutions 0.00% · other public 9.44%
- Appointment of Joint Statutory Central Auditors for the BankOrdinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 9.43%
- Authorizing the Board of Directors to appoint and fix the remuneration of branch auditors.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 9.43%
- Approving the Alteration of Articles of Association of the Bank.Special99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 8.41% · promoters 0.00% · institutions 0.00% · other public 9.42%
- Increasing the Authorised Share Capital and consequent alteration to the Memorandum of Association & Articles of Association of the Bank.Special99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 8.42% · promoters 0.00% · institutions 0.00% · other public 9.43%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyReserve Bank of IndiaSince 10 Jun 2026
Delay in Credit Card closure and wrong reporting in Credit report as “Loss” in Equifax
- Tax disputeNILSince 30 Jun 2026
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.