Dhanlaxmi Bank Share Price Target 2027–2030: EPS-Based Forecast After Q2 FY27

Price as of 13 Nov 2026 close: ₹40.95 (NSE: DHANBANK, BSE: 532180). Results are Q2 FY27 figures (quarter to 30 Sep 2026) as reported by HDFC Sky (PTI) and Sahi; asset quality from the Q1 FY27 filing. Price and trailing figures from StockAnalysis.

Dhanlaxmi Bank, a small Kerala-based private bank, more than doubled Q2 FY27 profit to about ₹48.6 crore, and its gross NPA had already fallen to 1.82% in June from 3.22% a year earlier. The stock jumped about 17% on 13 November to a 52-week high of ₹40.95 on heavy volume, having more than doubled from its low. It trades at about 11.5× trailing earnings. Below we project the price to 2030 from three explicit assumptions.

1. Dhanlaxmi Bank Share Price Targets 2027–2030 at a Glance

All three scenarios come from one formula (next section). Targets are for the end of each calendar year.

The base case implies a price change of roughly 11% a year from today's ₹40.95 to the end of 2030.

2. How We Calculate These Targets

Target = projected EPS × P/E multiple. Each year-end target uses the EPS of the financial year that follows (for example, the 2027 target uses FY28 EPS), because markets price stocks on forward earnings. Read our full methodology.

• Starting EPS: trailing twelve-month EPS of about ₹3.56 (₹40.95 ÷ ~11.5× P/E).
• Bear case: EPS grows 3% a year, P/E 7×. Profit gains prove one-off and the stock returns to small-bank valuations.
• Base case: EPS grows 12% a year, P/E 10×. Steady loan growth and stable asset quality; P/E eases slightly after the rally.
• Bull case: EPS grows 18% a year, P/E 13×. Sustained improvement in returns attracts a re-rating or strategic investor.

Worked example (base, 2027): ₹3.56 × 1.12 × 1.12 = ₹4.47 FY28 EPS → × 10 = ₹45.

Sensitivity — 2030 base-case EPS of ₹6.27 at different multiples:

3. Latest Results: What Changed

What changed: profit doubled and asset quality has improved sharply over the past year. We didn’t find Q2 FY27 NPA figures; the June quarter showed gross NPA at 1.82%. Q2 profit was also about double Q1’s ₹24.9 crore, so part of the jump may reflect one-off items — worth checking in the bank’s filing.

What it means for the targets: the base case assumes 12% EPS growth from the trailing level.

4. Dhanlaxmi Bank Share Price in 2026: Where It Stands

With only weeks left in 2026, a year-end "target" is not meaningful. The stock closed at ₹40.95 on 13 Nov 2026, within a 52-week range of ₹19.45 – ₹40.95. The stock closed at a 52-week high after a 17% one-day jump on unusual volume.

5. Dhanlaxmi Bank Share Price Target 2027: ₹26 – ₹64 (Base ₹45)

Based on FY28 EPS of ₹3.78 / ₹4.47 / ₹4.96 (bear / base / bull). What to watch: whether profit stays near ₹45–50 crore a quarter.

6. Dhanlaxmi Bank Share Price Target 2028: ₹27 – ₹76 (Base ₹50)

Based on FY29 EPS of ₹3.89 / ₹5.00 / ₹5.85 (bear / base / bull). What to watch: gross NPA in the Q2 FY27 filing.

7. Dhanlaxmi Bank Share Price Target 2029: ₹28 – ₹90 (Base ₹56)

Based on FY30 EPS of ₹4.01 / ₹5.60 / ₹6.90 (bear / base / bull). What to watch: capital adequacy and any capital raise.

8. Dhanlaxmi Bank Share Price Target 2030: ₹29 – ₹106 (Base ₹63)

Based on FY31 EPS of ₹4.13 / ₹6.27 / ₹8.14 (bear / base / bull). What to watch: by 2030 small yearly differences compound into a wide range; revisit after each annual result.

9. Key Metrics

For banks, generic ratios like debt-to-equity are not meaningful — deposits are raw material, not debt in the usual sense.

10. Risks That Would Break the Base Case

• Small size: limited capital and branch network versus larger banks.
• Volatility: the stock jumped 17% in a day on unusual volume; such moves can reverse.
• Regional concentration: mostly in Kerala.
• Capital: growth may require raising equity.

11. What the Numbers Suggest

Dhanlaxmi Bank’s profit and asset quality have improved sharply, and the stock has already doubled. The variable to track is whether profit holds at the new level. If it does, the base case (₹63 by 2030) is reasonable; if Q2 included one-offs, expect the bear case.

This is a framework, not a recommendation. Your own decision should depend on your time horizon, risk tolerance and existing holdings.

12. FAQs on Dhanlaxmi Bank Share Price

What is the Dhanlaxmi Bank share price target for 2027?
Our base case is ₹45, assuming 12% annual EPS growth and a 10× P/E. The range is ₹26 (bear) to ₹64 (bull).

What is the Dhanlaxmi Bank share price target for 2030?
Base case ₹63; range ₹29 to ₹106. It assumes FY31 EPS of about ₹6.27.

What was Dhanlaxmi Bank’s profit in Q2 FY27?
About ₹48.6 crore, roughly double the year-ago quarter.

Why did Dhanlaxmi Bank shares jump?
The stock rose about 17% on 13 November 2026 on heavy volume after strong results.

What is Dhanlaxmi Bank’s gross NPA?
1.82% at 30 June 2026, down from 3.22% a year earlier.

Where is Dhanlaxmi Bank based?
Thrissur, Kerala.