DCB has two full forms , the first one being Development credit Bank Ltd. It was incorporated in 1930. It is a private sector bank with 400 branches (as on 10th April 2022). It is spread across 19 states and three union territories. The shares of DCB bank is traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). It is well known for its cutting-edge technology. It also provides various banking facilities such as:
- Savings Accounts
- Fixed Deposits
- NRI Accounts
- Personal Loans
- Home Loans
- Insurance
Major Business Segments of DCB Bank
- Retail
- Micro Small and Medium Enterprises (SME)
- Mid-Corporate
- Agriculture
- Commodities
- Government
- Public Sector
- Indian Banks
- Co-operative Banks
- Non-Banking Finance Companies (NBFCs)
Logo of DCB Bank:
Brief History of DCB Bank
1930: Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank were merged and were named as development cooperative bank. 1995: The bank converted itself into a scheduled commercial bank and opened new branches. 2011: The Bank inaugurated a mega branch at Mandvi, Surat District, Gujarat. 2016: DCB launched Aadhaar enabled ATM in Bengaluru
Key Personnel’s at DCB Bank
Chairman: Mr. Naseer Munjee Managing Director and CEO: Mr. Murli M Natarajan Independent Directors: Mr Ashok Bhatt, Mr. Rafiq Somani, Mr. Iqbal Ishaq Khan, Ms. Rupa Devi Singh, Mr. Shaffiq Dharamshi, Mr. Amyn Jassani, Mr. Shabbir Merchant, Mr. Somasundaram.
Facts about DCB Bank
- The banks retails deposits grew by 19% in FY 2021 as compared to FY 2020.
- NPA was 1.16% on 31 March 2020 and 2.29 % on March 2021.
Shareholding Pattern at DCB Bank Ltd
| JUN 2021 | SEP 2021 | DEC 2021 | MAR 2022 | |
| Promoters | 14.88 | 14.87 | 14.87 | 14.86 |
| FIIs | 12.15 | 10.86 | 9.24 | 8.82 |
| DIIs | 38.54 | 38.33 | 39.61 | 38.7 |
| Government | 0 | 0 | 0 | 0 |
| Public | 34.44 | 35.94 | 36.27 | 37.63 |
Mutual Fund Holdings of DCB Bank
| Schemes | Quantity | As on | Prev. Qty | Change (Qty) |
| HDFC small cap fund - regular plan - growth option | 9,577 | 31-03-2022 | 10,060 | -483 |
| DSP small cap fund - regular plan - growth | 9,362 | 31-03-2022 | 9,834 | -472 |
| Franklin India smaller companies fund-growth | 7,252 | 31-03-2022 | 7,618 | -366 |
| Tata small cap fund regular plan growth | 6,765 | 31-03-2022 | 6,658 | +107 |
| ICICI prudential banking and financial services fund - growth | 3,503 | 31-03-2022 | 3,680 | -177 |
| Nippon India retirement fund - wealth creation scheme - growth plan - growth- insured | 3,366 | 31-03-2022 | 3,536 | -170 |
| ICICI prudential multicap fund - growth | 2,567 | 31-03-2022 | 2,697 | -130 |
| Aditya Birla sun life midcap fund - growth | 2,066 | 31-03-2022 | 2,170 | -104 |
| ICICI prudential smallcap fund - growth | 2,048 | 31-03-2022 | 2,151 | -103 |
| Canara Robeco small cap fund regular growth | 1,804 | 31-03-2022 | 1,895 | -91 |
*Data as on 4th May 2022
Balance Sheet of DCB Bank
(Rs in Cr.)
| Mar 2019 | Mar 2020 | Mar 2021 | |
| Share Capital | 310 | 310 | 311 |
| Reserves | 2,805 | 3,111 | 3,447 |
| Borrowings | 31,158 | 33,778 | 34,186 |
| Other Liabilities | 1,519 | 1,306 | 1,658 |
| Total Liabilities | 35,792 | 38,505 | 39,602 |
| Fixed Assets | 526 | 546 | 569 |
| Cwip | 0 | 0 | 0 |
| Investments | 7,844 | 7,742 | 8,414 |
| Other Assets | 27,422 | 30,218 | 30,620 |
| Total Assets | 35,792 | 38,505 | 39,602 |
| Inventories | 0 | 0 | 0 |
| Trade Receivables | 0 | 0 | 0 |
| Cash & Bank | 2,793 | 3,546 | 3,039 |
| Loans and Advances | 1,096 | 1,360 | 1,664 |
| Trade Payables | 0 | 0 | 0 |
*Data as on 4th May 2022 Recommended Read: How to Analyse a Balance Sheet of a Company
Important Ratios of DCB Bank:
| Market Cap (Cr): Rs 2,501 | Face Value: Rs 10 | EPS: Rs 8.11 |
| Book Value: Rs | ROCE (%): 6.99 | Debt to Equity: 9.10 |
| Stock PE: 9.91 | ROE (%): 9.36 | Dividend Yield (%): 0.00 |
| Total Debt (Cr): Rs 34,186 |
*Data as on 4th May 2022
Samco’s Rating for DCB Bank: 3 out of 5 Stars ✰✰✰
Margin of Safety
It is the difference between the intrinsic value and the current value of a share.
- If the current share price of a stock is lower than the intrinsic value, then the stock will have a high margin of safety.
- If the current share price of a stock is higher than the intrinsic value, then the stock will have a low margin of safety.
DCB bank has a high margin of safety.
Similar stocks to DCB Bank Ltd.
| Company | Market Cap (Rs. in Cr) | PE Ratio |
| City Union Bank Ltd | 9,914 | 15 |
| IndusInd Bank Ltd | 78,870 | 16.4 |
| HDFC Bank Ltd | 778,841 | 20.5 |
*Data as on 4th May 2022 You can check the latest data on Samco’s stock page. Samco is awarded as the best equity stock broker by CNBC Awaaz. Open a demat account today and experience world class trading at your fingertips. Recommended watch:Best banking stocks to buy in 2021
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