DCB Bank
NII growth improves as NIM rises: Interest income increased 9% to Rs 1907.27 crore, while interest expenses moved up 6% to Rs 1252.05 crore in Q4FY2026. NII improved 17% to Rs 655.22 crore in Q4FY2026.
Margins improve: The bank has shown 44 bps YoY decline in cost of deposits to 6.84%, while yield on advances declined 56 bps YoY to 10.98% in Q4FY2026. Thus, the NIM has improved 2 bps YoY to 3.39%, while rose 12 bps qoq to 3.39% in Q4FY2026.
Healthy growth in the core fee income: The non-interest income of the bank declined 3% to Rs 211.51 crore in Q4FY2026. Bank has posted strong 23% growth in core fee income to Rs 198 crore, while the treasury income dipped 77% to Rs 10 crore. The recoveries and other income eased 73% to Rs 4 crore in Q4FY2026.
Expense ratio improves: The operating expenses of the bank increased 11% to Rs 524.63 crore, as other expenses moved up 9% to Rs 262.5 crore, while employee expenses rose 13% to Rs 262.13 crore in Q4FY2026. Cost to income ratio improved to 60.5% in Q4FY2026 compared with 60.7% in Q4FY2025. Operating Profit moved up 12% to Rs 342.10 crore.
Provisions and contingencies increase: The bank has shown 3% increase in provisions to Rs 69 crore.
PBT increased 15% to Rs 273.10 crore in Q4FY2026. Effective tax rate declined to 24.7% in Q4FY2026 from 25.7% in Q4FY2025. Net Profit increased 16% YoY to Rs 205.65 crore in Q4FY2026.
Asset quality improves: The bank has improved asset quality in Q4FY2026.
The fresh slippages of loans stood at Rs 323 crore in Q4FY2026 compared with Rs 403 crore in previous quarter and Rs 366 crore in the corresponding quarter last year. The recoveries of NPAs stood at Rs 199 crore and upgrades were at Rs 154 crore, while the write-off of loans was at Rs 42 crore in Q4FY2026. The standard restructured loan book of the bank increased to Rs 779 crore end March 2026 compared to Rs 698 crore a quarter ago. Provision coverage ratio improved to 78.42% at end March 2026 compared to 75.35% a quarter ago and 74.48% a year ago. The capital adequacy ratio of the bank stood at 16.6% with Tier I ratio at 14.26% at end March 2026. The risk weighted assets of the bank has increased 14% YoY to Rs 43232 crore end March 2026.| Asset Quality Indicators: DCB Bank | ||||||||
| ? | Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Variation | ? | |
| QoQ | YoY | ? | ||||||
| Gross NPA (Rs Crore) | 1495.73 | 1567.51 | 1568.03 | 1553.63 | 1554.43 | -5 | -4 | ? |
| Net NPA (Rs Crore) | 533.97 | 622.98 | 640.54 | 625.40 | 571.55 | -14 | -7 | ? |
| % Gross NPA | 2.45 | 2.72 | 2.91 | 2.98 | 2.99 | -27 | -54 | ? |
| % Net NPA | 0.89 | 1.10 | 1.21 | 1.22 | 1.12 | -21 | -23 | ? |
| % PCR | 78.42 | 75.35 | 74.15 | 74.04 | 74.48 | 307 | 394 | ? |
| % CRAR - Basel III | 16.55 | 15.84 | 16.41 | 16.66 | 16.77 | 71 | -22 | ? |
| % CRAR - Tier I - Basel III | 14.26 | 13.45 | 13.97 | 14.20 | 14.30 | 81 | -4 | ? |
| Variation in basis points for figures given in percentages and in % for figures in Rs crore | ||||||||
Business Highlights:
Business growth improves: The business of the bank has increased at an accelerated pace of 19% YoY to Rs 132605 crore end March 2026, as advances increased 18% to Rs 60022 crore and deposits growth improved to 21% to Rs 72583 crore at end March 2026. With the faster growth in deposits, the credit to deposit ratio eased to 82.7% at end March 2026 from 85.0% at end March 2025.
CASA deposits ratio eases: The CASA deposits of the bank increased 14% YoY to Rs 16247 crore at end March 2026. The current account deposits moved up 16% to Rs 2551 crore, while saving account deposits increased 14% to Rs 13696 crore end March 2026. The CASA ratio eased to 22.4% at end March 2026 compared to 23.7% at end March 2025, while declined from 22.8% at end December 2025. The term deposits have increased 23% to Rs 56336 crore end March 2026.
Strong loan growth: Within the loan book, the retail loans increased 29% YoY to Rs 21539 crore at end March 2026, while credit to agriculture increased 17% to Rs 2239 crore and MSME credit increased 7% to Rs 31504 crore. The corporate credit has also increased 63% to Rs 4740 crore end March 2026.
Investment book of the bank increased 1% YoY to Rs 20378 crore at end March 2026.
Branch expansion: The bank has added 11 branches in Q4FY2026, taking overall tally to 480 branches end March 2026.
Book value of the bank stood at Rs 190.9 per share at end March 2026, while the adjusted book value (net of NNPA and 10% of restructured advances) was Rs 171.9 per share at end March 2026.
Financial Performance FY2026:
Bank has posted 19% increase in net profit to Rs 731.56 crore in the year ended March 2026 (FY2026). The net interest income increased 17% to Rs 2456.53 crore, while non-interest income moved up 14% to Rs 855.14 crore, leading net total income to increase 16% to Rs 3311.67 crore in FY2026. The operating expenses increased 11% to Rs 2015.92 crore, while provision and contingencies jumped 53% to Rs 318.78 crore. PBT increased 18% to Rs 976.97 crore in FY2026. The cost-to-income ratio improved to 60.9% in FY2026 compared to 63.7% in FY2025. An effective tax rate eased to 25.1% in FY2026 compared to 25.7% in FY2025. The net profit has increased 19% to Rs 731.56 crore in FY2026. ?| DCB Bank: Results | ||||||
| Particulars | 2603 (3) | 2503 (3) | Var % | 2603 (12) | 2503 (12) | Var % |
| Interest Earned | 1907.27 | 1741.89 | 9 | 7404.46 | 6470.59 | 14 |
| Interest Expended | 1252.05 | 1183.93 | 6 | 4947.93 | 4364.02 | 13 |
| Net Interest Income | 655.22 | 557.96 | 17 | 2456.53 | 2106.57 | 17 |
| Other Income | 211.51 | 218.82 | -3 | 855.14 | 750.51 | 14 |
| Net Total Income | 866.73 | 776.78 | 12 | 3311.67 | 2857.08 | 16 |
| Operating Expenses | 524.63 | 471.38 | 11 | 2015.92 | 1820.08 | 11 |
| Operating Profits | 342.10 | 305.40 | 12 | 1295.75 | 1037.00 | 25 |
| Provisions & Contingencies | 69.00 | 67.22 | 3 | 318.78 | 208.39 | 53 |
| Profit Before Tax | 273.10 | 238.18 | 15 | 976.97 | 828.61 | 18 |
| Provision for tax | 67.45 | 61.11 | 10 | 245.41 | 213.28 | 15 |
| PAT | 205.65 | 177.07 | 16 | 731.56 | 615.33 | 19 |
| EPS*(Rs) | 26.4 | 22.7 | ? | 22.7 | 19.6 | ? |
| Equity | 321.9 | 314.3 | ? | 321.9 | 314.3 | ? |
| Adj BV (Rs) | 171.9 | 151.2 | ? | 171.9 | 151.2 | ? |
| * EPS and Adj BV are calculated on diluted equity as given for each year. Face Value: Rs 10, Figures in Rs crore | ||||||
| Source: Capitaline Corporate Database | ||||||
