Bandhan Bank

NSE: BANDHANBNKBSE: 541153
Compare with peers
₹ 155.36▲ 3.45 (+2.27%)28 Oct, 03:28 pm IST
Market cap
₹ 24,400 Cr.
P/E
18.5x
P/B
1x
52-week range
134.25 – 220.76
ROE
5%
Dividend yield
1%
Debt / equity
0.59
Sector
Banks
Industry
Private Sector Bank
Listed on
NSE, BSE

About

Bandhan Bank Limited (the Bank) is an India-based banking company. Its segments include Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment includes investments in sovereign securities and trading operations and also includes the central funding unit. The Retail Banking segment includes lending to individuals/small businesses through the branch network. It also includes liability products, card services, Internet banking, mobile banking, Automated Teller Machine (ATM) services, and Non-Resident Indian (NRI) services. The Other Banking Business segment includes para-banking activities, such as third-party product distribution and other banking transactions. The Bank offers various loans, such as Subriddhi, Suraksha, Sushiksha, Sahayata, Suyog, Bazaar, Small Enterprise Loan, and Micro Home. It also offers Saving Account, Demat and Trading, Recurring Deposit, Mutual Funds, and Bill Payment and Recharge services.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Private Sector Bank: 20 companies →

Bandhan Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)18.5 against a typical 12.2: pricier than most peers (1st = cheapest).16th of 20
  • Sales growth+2.8% against a typical +16.2% from a year earlier.19th of 20
  • Profit growth+34.9% against a typical +34.9% from a year earlier.10th of 19
  • Share price, 3 months−10.5% against a typical −5.9%.16th of 20
  • Size₹ 24,400.3 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).10th of 17

Latest announcements

Exchange filings and their impact on the company.

  • 28 Oct 2026Outcome of Board MeetingHigh impactVery positive
    Q2 PAT jumped 5x to Rs 622 cr on strong NII growth and sharply lower provisions with asset quality improving.

    Bandhan Bank reported Q2 FY27 net profit of Rs 622 crore, up more than 5 times from Rs 112 crore a year ago, on net interest income of Rs 2960 crore up 14% and provisions down to Rs 718 crore from Rs 1153 crore. Gross advances grew 13% to Rs 1.58 lakh crore and deposits grew 9% to Rs 1.73 lakh crore, with gross NPA improving to 3.1% from 5% and net NPA to 0.9% from 1.4%. The strong rebound in profitability and cleaner balance sheet with capital adequacy of 18.3% supports faster earnings growth over the next year.

    Filing
  • 15 Oct 2026ESOP/ESOS/ESPSLow impactNeutralPrice +1% that day
    Small 0.12% ESOP grant for employee retention with negligible near-term financial impact.

    Bandhan Bank's Nomination and Remuneration Committee granted 18,75,514 stock options at Rs 168.58 per option to eligible employees under ESOP Series 1 Tranche 9 on October 15, 2026. Each option converts into one Rs 10 equity share, vesting 25% each year over four years with up to five years to exercise after vesting. The grant represents about 0.12% dilution and will result in a small recurring ESOP expense, with no immediate impact on business operations.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA- by 2 agencies
AA-
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA-Stable28 Sep 2026
ICRA[ICRA]AA-Stable25 Sep 2026
Credit rating actions
RatingDetails
28 Sep 2026
Reaffirmed
Crisil AA-—CRISIL₹ 6,230 Cr.
25 Sep 2026
Reaffirmed
[ICRA]AA-—ICRA₹ 3,075 Cr.
30 Sep 2025
Reaffirmed
Crisil AA-—CRISIL₹ 6,230 Cr.
30 Sep 2025
Reaffirmed
[ICRA]AA-—ICRA₹ 2,975 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve the Unaudited Financial Results of the Bank, for the Quarter and Half-Year ended September 30, 2026.
21 Jul 2026Financial ResultsTo consider and approve the Unaudited Financial Results of the Bank, for the quarter ended June 30, 2026.
25 Jun 2026Other business mattersIntimation of Board meeting of Bandhan Bank to review and consider the Capital Plan
28 Apr 2026Financial Results/DividendTo consider and approve the Audited Financial Results of the Bank, for the Quarter (Q4) and Financial Year ended March 31, 2026, and to consider recommending Dividend, if any, for the said Financial Year.
22 Jan 2026Financial ResultsTo consider and approve the Unaudited Financial Results of the Bank, for the quarter and nine months ended December 31, 2025.
30 Oct 2025Financial ResultsTo consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2025.
18 Jul 2025Financial ResultsTo consider and approve the Unaudited Financial Results of the Bank, for the Quarter ended Jun 30, 2025.

Share price

1Y change −9.7%
0 of 1 filing day came with a big price move1 filing after the close: the market reacts next session
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue4,4924,6655,1895,5365,5005,4795,4345,4765,3545,4315,4285,631
Interest2,0492,1402,3302,5312,5662,6642,6782,7182,7652,7432,6332,710
Expenses2,0362,0993,4962,1152,2943,2813,1442,9622,9773,0892,8022,849
Financing Profit407426−637890640−466−388−204−389−401−772
Financing Margin %9%9%−12%16%12%−9%−7%−4%−7%−7%0%1%
Other Income5405457015286091,112700726546691771604
Depreciation000000000000
Profit before tax947971641,4181,249645311521158290764676
Tax %24%25%15%25%25%34%−2%29%29%29%30%26%
Net Profit721733551,063937426318372112206534502
EPS in Rs4.484.550.346.65.822.651.972.310.691.283.323.11
Gross NPA %7.3%7%3.8%4.2%4.7%4.7%4.7%5%5%3.3%3.3%3.2%
Net NPA %2.3%2.2%1.1%1.2%1.3%1.3%1.3%1.4%1.4%1%1%0.9%

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
30%
5 Years
12%
3 Years
11%
TTM
0%
Compounded Profit Growth
10 Years
16%
5 Years
−11%
3 Years
−18%
TTM
−34%
Stock Price CAGR
10 Years
—
5 Years
−9%
3 Years
−10%
TTM
—
Return on Equity
10 Years
12%
5 Years
8%
3 Years
9%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
37.54%
−3.38 pts in a year
FIIs
18.64%
−5.7 pts in a year
DIIs
27.47%
+10.95 pts in a year
Government
0.07%
0 pts in a year
Public
16.26%
−1.88 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 18.5xEPS (12 months) ₹ 8.40Median P/E 20x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Bandhan Bank₹ 155.36₹ 24,400 Cr.18.5x1x5%—
HDFC Bank₹ 692.10₹ 10,66,990 Cr.16.5x2.2x13.7%25.6%
ICICI Bank₹ 1,395.00₹ 10,01,336 Cr.19.3x2.9x16%25.9%
State Bank of India₹ 957.00₹ 8,83,384 Cr.11.8x1.6x15.4%21.4%
Kotak Mahindra Bank₹ 430.10₹ 4,27,849 Cr.20.2x2.1x11.4%24.5%
Union Bank of India₹ 178.50₹ 1,36,260 Cr.6.6x1x15.8%33.2%

Management

Partha Pratim Sengupta
Chief Executive Officer, Managing Director, Executive Director
Rajeev Mantri
Chief Financial Officer
Ratan Kumar Kesh
Chief Operating Officer, Executive Director
Indranil Banerjee
Compliance Officer, Company Secretary
Rajinder Kumar Babbar
Executive Director, Chief Business Officer

Prices are delayed and for information only. Nothing on this page is investment advice.