EN DE

DCB Bank Limited (DCBBANK) Fair Value & Analysis

Financial Services · IN · Market cap ₹58.5B

DB DCB Bank Limited DCBBANK · BSE
Price₹181.65
Fair Value₹289.67
Upside+59.5%
Quality55/100
Watch DCB Bank Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Highly profitable · 25.3% net margin
Low debt · generates free cash flow
Wide moat 68/100
Evidence: High Range ₹217.26 – ₹362.09 Share as image

Fair value as of: Aug 20, 2026

From 4 valuation models · updated today

Share price −4.2% over the past month.

A solid business, screening 59% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹217.26). The market is more pessimistic than our downside scenario.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹199.23 ₹65.46 Fair Value ₹289.67 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range ₹65.46 – ₹199.23 · fair‑value band ₹217.26 – ₹362.09 · the ₹181.65 price screens below the ₹289.67 fair value. Dashed = 300-day average. As of Aug 20, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

DCB Bank Limited (DCBBANK) currently trades at ₹181.65, while our model-based Fair Value estimate is ₹289.67, implying the stock looks roughly 59.5% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, DCB Bank Limited generated revenue of ₹31.1B at a net margin of 25.3%. Revenue grew 17.4% year over year. It earns a return on equity of 12.0%. Net debt stands at ₹9.3B. Fundamentals as of Aug 20, 2026

Our scenario range runs from ₹217.26 (bear case) to ₹362.09 (bull case); at ₹181.65, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 46% fair-value upside, at 59%, DCBBANK screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹184.05 ₹212.25 ₹407.34 76
P/E Multiple ₹221.46 ₹295.28 ₹369.10 63
P/B Multiple ₹213.05 ₹284.06 ₹355.08 55
All 4 models by family
Multiples
P/E Multiple ₹221.46 ₹295.28 ₹369.10 63
P/B Multiple ₹213.05 ₹284.06 ₹355.08 55
Asset-Based
NCAV (Graham) ₹101.45 ₹135.94 ₹202.90 50
Economic Profit
Residual Income ₹184.05 ₹212.25 ₹407.34 76

Widest divergence: Multiples (₹284.06) versus Asset-Based (₹135.94). Highest evidence: Residual Income (76).

Notify me when DCBBANK reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹31.1B
Revenue growth (YoY) +17.4%
Net margin 25.3%
Return on equity 12.0%
Free cash flow ₹65.5B FY2026
P/E ratio 7.4
More key figures
Operating margin 34.9%
EPS (TTM) ₹24.42
EPS growth (YoY) +32.4%
Net debt ₹9.3B FY2026

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 52 · Market factors (momentum, volatility) 68

Profitability 33
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 46
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 64
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

DCB Bank Limited provides various banking and financial products and services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments.

Full company description

DCB Bank Limited provides various banking and financial products and services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company's deposit products include current and saving, NRI, recurring, and fixed deposit accounts; and offers ATM, debit, and travel smart cards, and payment services, such as bill and utility payment, remittances, tax payment, and POS terminal services, as well as IMPS, RTGS, NEFT, and UPI services. It also provides secured lending services, including loan against property, co-lending, commercial vehicle, construction equipment and finance, dealer trade advances, kisan credit card, school finance, and retail microfinance; and home, auto, gold, tractor, and term loans, as well as trade receivables and invoice discounting system and ODTD services. In addition, the company offers corporate banking services, which include trade current accounts, foreign exchange, guarantee, import and export, letter of credit, supply chain, bill collection, and invoice discounting services; and capital management services comprising working capital and cash management services. Further, the company distributes life, general, and health insurance products, as well as mutual funds; and provides locker facility and ASBA online services. DCB Bank Limited was incorporated in 1995 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

DCB Bank Limited reported revenue of ₹33.1B in FY2026 versus ₹18.1B in FY2022, a compound +16.3%/yr. Reported net income was ₹7.3B in FY2026, compounding +26.3%/yr from FY2022.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹33.1B
Latest YoY
+16.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.8%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.7%
Revenue +16.3%/yr
FY22 ₹18.1B
FY23 ₹21.3B
FY24 ₹24.0B
FY25 ₹28.5B
FY26 ₹33.1B
Net income +26.3%/yr
FY22 ₹2.9B
FY23 ₹4.7B
FY24 ₹5.4B
FY25 ₹6.2B
FY26 ₹7.3B

Watch DCBBANK: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "DCB Bank Limited Fair Value". https://www.fairvalue-calculator.com/stock/DCBBANK.BSE

Peer Group

Banks - Regional · 1088 stocks

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.

Quality Score 55 · Above median
Fair Value upside +60% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 1% · Below median
Net margin (TTM) 25% · Below median
Operating margin (TTM) 35% · Below median
Revenue growth 17% · Above median
Dividend yield (TTM) 0.7% · Bottom 25%
Debt / equity 0.33× · Higher than median

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 7.4× · Cheaper than 75% of peers
P/B 0.90× · Cheaper than median
P/S (TTM) 1.88× · Cheaper than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,350 IDR 4,637 IDR -27%
KB Financial Group 105560 168,100 KRW 220,258 KRW +31%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 3,110 IDR 3,792 IDR +22%
PT Bank Mandiri (Persero) Tbk BMRI 4,150 IDR 6,067 IDR +46%
Banco Bradesco S.A BBD 5,120 ARS 8,400 ARS +64%
Shinhan Financial Group 055550 103,800 KRW 146,032 KRW +41%
Hana Financial Group 086790 127,900 KRW 210,506 KRW +65%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,500 VND 45,959 VND -23%
Woori Financial Group 316140 33,000 KRW 60,758 KRW +84%

Compare DCB Bank Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is DCB Bank Limited (DCBBANK) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of ₹289.67 versus a price of ₹181.65, about +59% (undervalued).
What is the fair value of DCBBANK?
Our model-based fair value for DCB Bank Limited is ₹289.67 (as of Aug 20, 2026), built from audited fundamentals. The current price: ₹181.65.
What is the quality score of DCBBANK?
DCB Bank Limited has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of DCB Bank Limited (DCBBANK)?
DCB Bank Limited reported trailing-twelve-month revenue of about ₹31.1B (latest available figure, as of Aug 20, 2026).
What is the net profit margin of DCBBANK?
The net profit margin of DCB Bank Limited is about 25.3%, meaning it keeps roughly 25.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track DCB Bank Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.