Dhanlaxmi Bank’s shares jumped about 4.5% on Monday after the bank shared a strong business update for the December quarter of FY2025‑26.
Key Highlights of the Q3 Update
- Total business rose 20.8% year‑on‑year to ₹31,933 crore.
- Deposits grew 18.4% YoY to ₹17,839 crore, with current‑account savings (CASA) deposits up 9%.
- Gross advances increased 23.9% to ₹14,094 crore, driven by a 50.9% jump in gold loans.
- MSME loan book expanded 27.7% to ₹2,064 crore.
Deposit and Loan Growth
The bank’s deposit base climbed mainly because more customers kept money in low‑cost accounts. CASA balances, which are cheaper for the bank, rose to just over ₹5,000 crore.
On the lending side, the big rise in gold loans shows continued demand for secured retail credit. The loan book to small and medium enterprises also grew strongly, reflecting the bank’s focus on this segment.
Share Price Movement
After the update, the stock rose to ₹26.80, a 4.5% gain. Over the past month the share has risen about 2%, but it is still down 14% over the last six months. Over the last five years, however, the stock has more than doubled, up around 128%.
The stock hit its 52‑week high of ₹33.38 in June 2025 and its 52‑week low of ₹22.01 in January 2025.
What This Means for Investors
The strong growth numbers suggest the bank is executing well in its core markets. The rise in gold and MSME loans could support future earnings, which may keep the share attractive for retail investors looking for banking exposure.
However, the broader market remains volatile, so investors should watch upcoming earnings releases and broader economic trends.
Disclaimer
Remember, this is just an overview, not a prediction. Do your own research and consider speaking with a certified financial adviser before making any investment decisions.