Bandhan Bank Ltd (Banks - Private) — fundamental analysis, earnings data, and key metrics. PE: 25.3. ROE: 11.9%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 (ended December 31, 2025) earnings • Updated Feb 22, 2026
What: CASA ratio improved to 27% with retail term deposits growing 36% YoY while reducing high-cost bulk deposits
Impact: +₹600 Cr revenue
“NIM improved to 5.9% (+30bps QoQ) as cost of funds eased per MD commentary”
What: GNPA improved to 3.3% (from 5.1% YoY) with slippages declining QoQ and secured book now 57% of advances
Impact: +₹300 Cr revenue
“Management guidance to bring credit costs down to 1.6-1.7% by FY27 from current 1.8%”
Earnings deceleration risks from management commentary
Trigger: Continued reliance on one-time gains for PAT growth
Impact: -25 bps margin impact
Management view: Portfolio sales part of ongoing balance sheet strengthening per MD commentary
Monitor: Core operating profit excluding one-time gains
Trigger: Further regulatory changes requiring additional provisions
Impact: -15 bps margin impact
Management view: One-time impact from new labor codes per CFO
Monitor: Non-operating expenses
Key quotes from recent conference calls
“Margins improved sequentially as the cost of funds eased and asset quality trends moved in the right direction — Pathapatim Sengupta”
“Slippages declined to ₹1,314 crores in Q3FY26 from ₹1,590 crores in the preceding quarter. The largest contribution to this improvement came from the EE segment where slippages moderated to ₹942 crores — Rajiv Mantri”
“We remain committed to bringing [credit costs] down further through this year... aiming for 1.6%-1.7% overall by FY27 — Pathapatim Sengupta”
“Provision coverage ratio including technical write-offs improved to 84.3% — Pathapatim Sengupta”
Forward-looking targets from management for FY27
Implied PAT Growth
15%
Credit Growth Target
10%
NIM Guidance
6.1%
Key Milestones
• Credit cost to 1.6-1.7% by FY27
• NIM expansion to 6.1%+
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Bandhan Bank Ltd's latest quarterly results (Dec 2025) show
Bandhan Bank Ltd's current PE ratio is 25.3x.
Bandhan Bank Ltd's price-to-book ratio is 1.0x.
Bandhan Bank Ltd's fundamental strength based on key financial ratios
Bandhan Bank Ltd has a debt-to-equity ratio of N/A.
Bandhan Bank Ltd's return ratios over recent years
Bandhan Bank Ltd's operating cash flow is positive (FY2025).
Bandhan Bank Ltd's current dividend yield is 0.95%.
Bandhan Bank Ltd's shareholding pattern (Dec 2025)
Bandhan Bank Ltd's promoter holding has decreased recently.
Bandhan Bank Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Bandhan Bank Ltd has 2 key growth catalysts identified from recent earnings analysis
Bandhan Bank Ltd has 2 key risks worth monitoring
In Q3 FY26 (ended December 31, 2025), Bandhan Bank Ltd's management highlighted
Bandhan Bank Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why Bandhan Bank Ltd may be worth studying
Bandhan Bank Ltd investment thesis summary:
Bandhan Bank Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
