Bandhan Bank Limited (BANDHANBNK) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Bandhan Bank Limited stock ₹107, price ₹172, that is 37.4% below the price, quality 51 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Bandhan Bank Limited
BANDHANBNK · NSEOur calculation puts a fair price 37% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
60‑month range ₹128.02 – ₹334.93 · fair‑value band ₹107.41 – ₹110.84 · the ₹171.55 price screens above the ₹107.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.
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Company profile
Bandhan Bank Limited provides banking and financial services for personal and business customers in India. The company operates through Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business segments.
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It accepts term, fixed, and recurring deposits; and offers savings and current accounts. The company also provides home, gold, personal, two-wheeler, and car loans; loans against property; loan/overdraft against term deposits; and loans for small, medium, and large businesses.
In addition, it invests in sovereign securities; offers liability products, card services, internet and mobile banking, ATM, trading, and non-resident Indian services; distributes third party products; and engages in demat and trading activities.
Further, the company provides mutual fund, money transfer, bill payment and recharge, merchant payment, debit and credit card, internet and mobile banking, doorstep banking, safe deposit locker, remittance, transaction banking, trade finance, and cash management services, as well as health, life, home, travel, property, and car insurance products.
The company was founded in 2001 and is headquartered in Kolkata, India. Bandhan Bank Limited operates as a subsidiary of Bandhan Life Insurance Limited.
Stock analysis
Bandhan Bank Limited (BANDHANBNK) currently trades at ₹171.55, while our model-based Fair Value estimate is ₹107.41, 37% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹160.48 per share, and 1 of the 6 models we run sit above the ₹171.55 price.
Bear case: the Dividend Discount group reads lowest at ₹18.53, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: ₹107.41 (bear) to ₹110.84 (bull), the price of ₹171.55 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Bandhan Bank Limited reported revenue of ₹244B in FY2026 versus ₹167B in FY2022, a compound +10.0%/yr. Reported net income was ₹12.2B in FY2026, compounding +76.6%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹276B (≈ $3.0B) Mid · P/E ratio 14.8 · P/S ratio 2.54 · EPS (TTM) ₹11.56 · Dividend yield 0.9% · Net margin 17.1% · Return on equity 7.3% · Return on assets (EBIT) 1.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (medium confidence).
What moves the price
The share trades about 20% below its 52-week high and 28% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at −37%, BANDHANBNK screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Compare Bandhan Bank Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 999 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EBIT margin by industry
- P/S ratio by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.63 | ¥7.59 | +35% | vs BANDHANBNK |
| China Merchants Bank Co 600036 | ¥42.56 | ¥52.73 | +24% | vs BANDHANBNK |
| BNP Paribas SA BNP | €95.77 | €107.43 | +12% | vs BANDHANBNK |
| Intesa Sanpaolo S.p.A ISP | €6.30 | €4.91 | −22% | vs BANDHANBNK |
| UniCredit S.p.A UCG | €84.24 | €58.08 | −31% | vs BANDHANBNK |
| Oversea-Chinese Banking Corporation O39 | 28.82 SGD | 18.20 SGD | −37% | vs BANDHANBNK |
| Mizuho Financial Group MFG | $10.16 | $5.87 | −42% | vs BANDHANBNK |
| DBS Group D05 | 70.97 SGD | 40.39 SGD | −43% | vs BANDHANBNK |
| HDFC Bank Limited HDFCBANK | ₹806.60 | ₹406.39 | −50% | vs BANDHANBNK |
| ICICI Bank Limited ICICIBANK | ₹1,572 | ₹615.63 | −61% | vs BANDHANBNK |
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Frequently asked questions
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Key figures of Bandhan Bank Limited
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