Bandhan Bank
- 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 positiveQ2 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.
- 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.
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- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA- | Stable | 28 Sep 2026 |
| ICRA | [ICRA]AA- | Stable | 25 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026Upcoming | Financial Results | To consider and approve the Unaudited Financial Results of the Bank, for the Quarter and Half-Year ended September 30, 2026. |
| 21 Jul 2026 | Financial Results | To consider and approve the Unaudited Financial Results of the Bank, for the quarter ended June 30, 2026. |
| 25 Jun 2026 | Other business matters | Intimation of Board meeting of Bandhan Bank to review and consider the Capital Plan |
| 28 Apr 2026 | Financial Results/Dividend | To 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 2026 | Financial Results | To consider and approve the Unaudited Financial Results of the Bank, for the quarter and nine months ended December 31, 2025. |
| 30 Oct 2025 | Financial Results | To consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2025. |
| 18 Jul 2025 | Financial Results | To consider and approve the Unaudited Financial Results of the Bank, for the Quarter ended Jun 30, 2025. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,492 | 4,665 | 5,189 | 5,536 | 5,500 | 5,479 | 5,434 | 5,476 | 5,354 | 5,431 | 5,428 | 5,631 |
| Interest | 2,049 | 2,140 | 2,330 | 2,531 | 2,566 | 2,664 | 2,678 | 2,718 | 2,765 | 2,743 | 2,633 | 2,710 |
| Expenses | 2,036 | 2,099 | 3,496 | 2,115 | 2,294 | 3,281 | 3,144 | 2,962 | 2,977 | 3,089 | 2,802 | 2,849 |
| Financing Profit | 407 | 426 | −637 | 890 | 640 | −466 | −388 | −204 | −389 | −401 | −7 | 72 |
| Financing Margin % | 9% | 9% | −12% | 16% | 12% | −9% | −7% | −4% | −7% | −7% | 0% | 1% |
| Other Income | 540 | 545 | 701 | 528 | 609 | 1,112 | 700 | 726 | 546 | 691 | 771 | 604 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 947 | 971 | 64 | 1,418 | 1,249 | 645 | 311 | 521 | 158 | 290 | 764 | 676 |
| Tax % | 24% | 25% | 15% | 25% | 25% | 34% | −2% | 29% | 29% | 29% | 30% | 26% |
| Net Profit | 721 | 733 | 55 | 1,063 | 937 | 426 | 318 | 372 | 112 | 206 | 534 | 502 |
| EPS in Rs | 4.48 | 4.55 | 0.34 | 6.6 | 5.82 | 2.65 | 1.97 | 2.31 | 0.69 | 1.28 | 3.32 | 3.11 |
| 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.
- 10 Years
- 30%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- 0%
- 10 Years
- 16%
- 5 Years
- −11%
- 3 Years
- −18%
- TTM
- −34%
- 10 Years
- —
- 5 Years
- −9%
- 3 Years
- −10%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 8%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bandhan Bank | ₹ 155.36 | ₹ 24,400 Cr. | 18.5x | 1x | 5% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 19.3x | 2.9x | 16% | 25.9% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 6.6x | 1x | 15.8% | 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.