DCB Bank (DCBBANK) investor relations material

Executive summary

• Q2FY27 PAT was ₹236.39 crore, up 28.54% YoY; advances grew 21.05% and deposits 18.62%, taking total business above ₹1.40 lakh crore.

• Balance sheet reached ₹92,647.58 crore; network expanded to 483 branches and headcount was 12,002.

Financial highlights

• Net interest income was ₹699 crore, up 17% YoY; total operating income was ₹948 crore, up 21%.

• Operating profit was ₹382.59 crore, up 26% YoY; PBT was ₹318.05 crore, up 31%, and PAT was ₹236.39 crore.

• Other income was ₹249 crore, up 34%; core commission, exchange and brokerage income rose to ₹195 crore from ₹158 crore.

• Operating expenses rose 18% YoY to ₹565 crore; provisions and contingencies were ₹65 crore versus ₹61 crore.

Outlook and guidance

• Advances and deposits growth guidance remains 18%-20%; management aims to double balance-sheet size every three to four years.

• NIM is expected to improve in Q3 and Q4 assuming no further rate hikes; deposit costs, asset yields and repricing remain key factors.

• FY27 ROE guidance is 13.5%, excluding fresh capital; management expects ROE to exceed 13.5% and deferred new guidance pending a potential capital raise.

• Near-term targets include cost-to-income at or below 60%, cost-to-average-assets of 2.50%-2.60%, and ROA of at least 1%; business-model NIM target is 350–365 bps.