DCBBANK
DCB Bank Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
DCBBANK
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹186 today
BEAR
₹169
-9%
7% a year · 6.9x exit
BASE
₹188
+1%
12.2% a year · 7.4x exit
BULL
₹250
+34%
16.6% a year · 9.4x exit
Where the market has priced it
6x8x today24x
management named no year; shown one year out
- this company's own median multiple sits 30% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹22.73 (screener) |
|---|---|
| Guided growth | 12.2% a year, said on the call of 30-Jul-2026 · transcript |
| Read across as | lender: ROE x retention (Gordon sustainable g) — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 6.93x / 7.36x / 9.44x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 10.54x across 11 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
roe 13.5%gnpa 2.5%
The guidance on cost-to-average below 2.5%, GNPA below 2.5%, NNPA below 1%, ROE greater than 13.5% have been met in Q4 and repeated in Q1.
Call 30-Jul-2026 · bridge confidence medium · transcript PDF