Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Earnings beat led by margin expansion and lower provisions. DCB Bank 4QFY22 net profit increased by 45.6% YoY, primarily led by 47bps YoY margin expansion.</li><li>While 4QFY22 NIM came in at 3.93%, the management has continued to maintain its steady-state guidance of 3.5-3.75%.</li><li>Loan growth was mainly led by co-lending partnerships, which essentially comprise gold loans.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Earnings beat led by margin expansion and lower provisions. DCB Bank 4QFY22 net profit increased by 45.6% YoY, primarily led by 47bps YoY margin expansion.While 4QFY22 NIM came in at 3.93%, the management has continued to maintain its steady-state guidance of 3.5-3.75%.Loan growth was mainly led by co-lending partnerships, which essentially comprise gold loans.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

DCB Bank- 4QFY22 Result Update- Earnings beat led by margin expansion and lower provisions

DCB Bank Ltd

DCB Bank- 4QFY22 Result Update- Earnings beat led by margin expansion and lower provisions