Financial Results Overview

Bandhan Bank reported unaudited financial results for Q1 FY27 ended June 30, 2026:

Income Statement Highlights (₹ in lakhs):

  • Total Income: ₹6,23,438.04 (Q1 FY27) vs ₹6,20,149.05 (Q1 FY26)
  • Net Interest Income: Not directly stated but calculated as (Total Income - Interest Expended) = ₹3,52,441.37
  • Operating Profit: ₹1,66,839.97 (Q1 FY27) vs ₹1,44,115.97 (Q1 FY26)
  • Provisions & Contingencies: ₹1,14,690.53 (Q1 FY27) vs ₹67,701.14 (Q1 FY26)
  • Profit Before Tax: ₹52,149.44 (Q1 FY27) vs ₹67,551.75 (Q1 FY26)
  • Tax Expenses: ₹14,953.24 (Q1 FY27) vs ₹23,000.99 (Q1 FY26)
  • Net Profit After Tax: ₹53,413.84 (Q1 FY27) vs ₹50,166.87 (Q1 FY26)

Key Ratios:

  • Capital Adequacy Ratio: 18.04% (Q1 FY27) vs 18.15% (Q1 FY26)
  • Basic EPS: ₹3.32 (Q1 FY27) vs ₹3.11 (Q1 FY26)
  • Diluted EPS: ₹3.31 (Q1 FY27) vs ₹3.11 (Q1 FY26)
  • Gross NPA: 3.1% (Q1 FY27)
  • Net NPA: 0.9% (Q1 FY27)

Balance Sheet Items (₹ in lakhs):

  • Paid-up equity share capital: ₹1,61,097.23 (Face value ₹10 each)
  • Total Assets: ₹2,09,41,477.98

Business Performance Metrics (From Press Release)

  • Gross Advances: ₹1,55,555 crore (16.4% YoY growth)
  • Deposits: ₹1,64,886 crore (6.6% YoY growth)
  • CASA Deposits: ₹48,479 crore (15.8% YoY growth)
  • CASA Ratio: Above 29%
  • Retail Deposits (CASA + RTD): ₹1,21,956 crore (15.6% YoY growth)
  • Retail to Total Deposits: 74%
  • Net Interest Income: ₹2,921 crore (5.9% YoY growth)
  • Net Interest Margin: 6.2%
  • Return on Assets: 1.0%
  • Return on Equity: 7.7%
  • Provision Coverage Ratio: 85.9% (including technical write-offs)

Management Changes

The Board approved the following management changes:

1. Appointment of Interim CFO: Mr. Vinay Jain appointed as (Interim) CFO and KMP effective September 26, 2026, till March 31, 2027, replacing Mr. Rajeev Mantri who resigned with last working day September 25, 2026.

Profile of Vinay Jain: Chartered Accountant and commerce graduate with over two decades of experience across DBS Bank, Citibank, and ICICI Bank. Joined Bandhan Bank in March 2025 as Head - Finance & Accounts.

2. Extension of CIV Term: Mr. Prakash E's term as Chief of Internal Vigilance (CIV) extended on interim basis up to September 30, 2026, or until new CIV joins, whichever is earlier.

Profile of Prakash E: Overall experience of 25 years, joined Bank on November 21, 2022. Previous experience at ICICI Bank, Samsung, and Chemplast Sanmar.

Annual General Meeting

The 12th AGM of Members will be held on Monday, August 24, 2026, at 11:00 AM IST through Video-Conferencing/OAVM. Record Date for dividend purpose fixed as Monday, August 17, 2026. Dividend, if declared, will be paid within 30 days of declaration.

Segment Information (₹ in lakhs)

Segment Revenue Q1 FY27:

  • Treasury: ₹65,851.93
  • Retail Banking: ₹5,52,864.44
  • Wholesale Banking: ₹82,959.03
  • Other Banking Operations: ₹12,347.53

Segment Results Q1 FY27:

  • Treasury Profit: ₹25,264.47
  • Retail Banking Profit: ₹38,418.38
  • Wholesale Banking Loss: (₹7,711.03)
  • Other Banking Operations Profit: ₹11,579.93

Significant Accounting Notes

1. Employee Stock Options: During the quarter, allotted 1,05,686 Equity Shares of ₹10 each aggregating to ₹150.52 lakhs. Share capital increased by ₹10.57 lakhs and share premium by ₹139.95 lakhs. ₹60.48 lakhs transferred from Employee stock options outstanding to securities premium.

2. Labour Code Impact: Additional gratuity liability of ₹6,082.72 lakhs recognized for Q1 FY27 and ₹12,039.04 lakhs for FY26 included under Employee Cost due to implementation of Labour Codes.

3. RBI Directions Impact: Transferred ₹21,567.42 lakhs from Investment Fluctuation Reserve (IFR) to Profit and Loss Account during the quarter.

4. Loan Acquisitions: Acquired loans not in default through assignment worth ₹1,87,079.09 lakhs with weighted average residual maturity of 1.62 years.

5. NPA Transfers: Transferred stressed loans with aggregate principal outstanding of ₹29,143.83 lakhs to ARCs, resulting in excess provisions reversal of ₹535.98 lakhs to Profit and Loss Account.

Distribution Network

As of June 30, 2026:

  • Branches: 1,988
  • Banking Units: 4,400
  • ATM Network: 438
  • Total Outlets: Nearly 6,400
  • Employees: More than 74,500

Trading Window Closure

The trading window for designated persons was closed from July 01, 2026, and re-opened 48 hours after declaration of these financial results.