Stock Report

Dhanlaxmi Bank Signals Strong Momentum in Q1 FY27; Total Business Surges Beyond ₹35,000 Crore

Posted On : 2026-07-01 20:59:39( TIMEZONE : IST )

Private sector lender Dhanlaxmi Bank Limited has released its provisional business updates for the first quarter of the financial year 2026-27 ending June 30, 2026. The bank reported significant expansion across its total business mix, driven by a sharp upswing in specialized retail credit lines and stable growth in its deposit base.

Double-Digit Expansion in Aggregate Business and Deposits

Dhanlaxmi Bank's overall business momentum stayed firmly on a high-growth track during the opening quarter of the fiscal year. The cumulative total business mix-comprising aggregate deposits and gross advances-expanded by a strong 21.12% year-on-year (YoY). The total business figure climbed to ₹35,188 Crore by the end of June 2026, marking a steady sequential build-up from the audited figure of ₹33,772 Crore recorded at the close of the previous fiscal year in March 2026.

On the liabilities front, total deposits successfully tracked a 17.10% annual increase. Deposits rose to ₹19,403 Crore during the provisional quarter, up from ₹16,570 Crore in the corresponding first quarter of the prior fiscal year. Crucially, the bank sustained healthy traction in low-cost deposit mobilization, with its Current Account Savings Account (CASA) balances growing 19.55% year-on-year to finish at ₹5,589 Crore.

Credit Engine Powered by Heavy Gold Loan Demand

Lending operations at Dhanlaxmi Bank grew rapidly during the three-month period. Gross advances scaled up to ₹15,785 Crore as of June 30, 2026, reflecting a robust annual growth of 26.47% over the ₹12,481 Crore registered by this point in the previous fiscal year.

The expansion in the bank's loan book was prominently anchored by its gold loan portfolio, which witnessed an exceptional 75.91% year-on-year surge. Total gold loan assets reached ₹7,105 Crore, compared to ₹4,039 Crore at the end of June last year, representing nearly 45% of the bank's entire credit book. Simultaneously, the bank reinforced its exposure to the Micro, Small, and Medium Enterprises (MSME) sector, recording a 29.24% annual growth rate to scale its MSME book to ₹2,250 Crore.

The disclosed data points are provisional operational parameters provided to ensure transparency before the numbers undergo a limited review by the bank's Statutory Auditors.

Shares of Dhanlaxmi Bank Limited was last trading in BSE at Rs. 31.93 as compared to the previous close of Rs. 31.56. The total number of shares traded during the day was 47143 in over 293 trades.

The stock hit an intraday high of Rs. 32.78 and intraday low of 31.75. The net turnover during the day was Rs. 1522220.00.