Financials Bandhan Bank Limited

Equities

BANDHANBNK

INE545U01014

Banks

Market Closed - NSE India S.E. Other stock markets 05:19:40 11/07/2025 pm IST			5-day change	1st Jan Change
175.59 ^INR	-1.50%		-4.53%	+10.39%

30/06	Bandhan Bank Limited Announces Resignation of A S Ramasastri as Independent Director, Effective June 30, 2025	CI
27/06	Bandhan Bank Limited Appoints Veni Thapar as Additional and Independent Director, Effective June 27, 2025	CI

Projected Income Statement: Bandhan Bank Limited

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,24,347	77,743	1,15,368	1,17,282	1,24,903	1,44,572	1,53,851	1,76,693
Change	-	-37.48%	48.4%	1.66%	6.5%	15.75%	6.42%	14.85%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	54,466	68,553	80,134	70,913	66,395	73,887	73,339	82,953
Change	-	25.86%	16.89%	-11.51%	-6.37%	11.28%	-0.74%	13.11%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	40,534	29,487	1,286	28,930	29,429	36,233	40,300	49,041
Change	-	-27.26%	-95.64%	2,149.19%	1.73%	23.12%	11.23%	21.69%
Net income ¹	30,237	22,055	1,258	21,946	22,296	27,453	30,530	37,584
Change	-	-27.06%	-94.3%	1,644.63%	1.59%	23.13%	11.21%	23.1%
Announcement Date	12/05/20	08/05/21	13/05/22	19/05/23	17/05/24	30/04/25	-	-

¹INR in Million

Estimates

Fiscal Period: March	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	24,328	30,505	30,753	33,465	21,983	23,049	26,250	25,443	26,474	24,270	28,370	35,042	28,441	26,694	31,137	31,009	28,757	24,434	30,705	35,604	35,326	36,002	37,509	36,408	33,149	33,732	41,636	42,000
Change	-	25.39%	0.81%	8.82%	-34.31%	4.85%	13.89%	-3.08%	4.06%	-8.32%	16.89%	23.52%	-18.84%	-6.14%	16.64%	-0.41%	-7.26%	-15.04%	25.67%	15.95%	-0.78%	1.91%	4.19%	-2.94%	-8.95%	1.76%	23.43%	0.87%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,592	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	12,076	13,069	12,639	15,207	15,842	16,275	19,141	17,295	18,711	15,492	19,501	25,214	18,210	15,529	19,222	17,957	35,946	36,320	16,553	18,385	19,409	19,108	19,378	17,219	15,350	16,600	17,500	21,200
Change	-	8.23%	-3.29%	20.32%	4.18%	2.74%	17.61%	-9.64%	8.19%	-17.2%	25.88%	29.29%	-27.78%	-14.72%	23.78%	-6.58%	100.18%	1.04%	-54.42%	11.07%	5.57%	-1.55%	1.41%	-11.14%	-10.86%	8.14%	5.42%	21.14%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	10,822	11,614	9,690	6,933	7,351	12,330	8,454	1,352	4,962	-40,287	11,444	25,167	11,790	2,732	3,807	10,609	9,602	9,472	9,713	641.5	14,179	12,218	10,229	6,219	5,871	7,500	9,800	15,100
Change	-	7.32%	-16.57%	-28.45%	6.03%	67.73%	-31.44%	-84.01%	267.09%	-911.89%	128.41%	119.9%	-53.15%	-76.83%	39.33%	178.68%	-9.49%	-1.35%	2.54%	-93.4%	2,110.13%	-13.83%	-16.27%	-39.2%	-5.61%	27.76%	30.67%	54.08%
Net income ¹	7,011	9,718	7,310	5,173	5,498	9,200	6,326	1,030	3,731	-30,086	8,590	19,023	8,870	2,093	2,906	8,083	7,211	7,212	7,327	546.3	10,635	9,042	7,879	4,682	3,862	5,800	7,300	11,400
Change	-	38.6%	-24.78%	-29.24%	6.29%	67.33%	-31.24%	-83.71%	262.1%	-906.42%	128.55%	121.47%	-53.37%	-76.41%	38.85%	178.17%	-10.79%	0.02%	1.6%	-92.54%	1,846.81%	-14.97%	-12.87%	-40.58%	-17.5%	50.16%	25.86%	56.16%
Announcement Date	19/07/19	24/10/19	14/01/20	12/05/20	15/07/20	02/11/20	21/01/21	08/05/21	30/07/21	29/10/21	21/01/22	13/05/22	22/07/22	28/10/22	20/01/23	19/05/23	14/07/23	18/10/23	09/02/24	17/05/24	26/07/24	-	-	-	-	-	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Bandhan Bank Limited

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	12/05/20	08/05/21	13/05/22	19/05/23	17/05/24	30/04/25	-	-

Estimates

Cash Flow Forecast: Bandhan Bank Limited

Fiscal Period: March	2019	2020	2021	2022	2023	2024
CAPEX ¹	1,713	1,032	2,225	2,119	4,121	5,574
Change	-	-39.77%	115.62%	-4.78%	94.48%	35.27%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	31/05/19	21/07/20	10/07/21	16/07/22	18/07/23	27/07/24

¹INR in Million

Estimates

Forecast Financial Ratios: Bandhan Bank Limited

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	43.8%	88.18%	69.46%	60.46%	53.16%	51.11%	47.67%	46.95%
EBT Margin (%)	-	32.6%	37.93%	1.11%	24.67%	23.56%	25.06%	26.19%	27.76%
Net margin (%)	-	24.32%	28.37%	1.09%	18.71%	17.85%	18.99%	19.84%	21.27%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	3.64%	2.1%	0.1%	1.6%	1.44%	1.53%	1.5%	1.6%
ROE	-	22.9%	13.2%	0.8%	12%	10.65%	11.88%	11.89%	13.12%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	1	-	1.5	1.5	1.5	2.383	2.651
Change	-	-	-	-	-	0%	0%	15.31%	11.22%
Book Value Per Share ¹	-	94.36	108.1	107.9	121.6	126.4	152.7	167.5	188.4
Change	-	-	14.55%	-0.17%	12.67%	3.98%	20.81%	12.3%	12.45%
EPS ¹	-	18.76	13.69	0.78	13.62	13.84	17.04	18.87	23.72
Change	-	-	-27.03%	-94.3%	1,646.15%	1.62%	23.12%	0.76%	25.68%
Nbr of stocks (in thousands)	-	16,10,248	16,10,599	16,10,766	16,10,836	16,10,970	16,10,971	16,10,971	16,10,971
Announcement Date	-	12/05/20	08/05/21	13/05/22	19/05/23	17/05/24	30/04/25	-	-