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

<div><div><div><div><ul><li>Lupin reported revenue of Rs38,830mn, up 2.6% YoY, but down 6.7% QoQ. EBITDA stood at s2,678mn, down 62.1% YoY and 27.6% QoQ.</li></ul></div></div></div></div><div><div><div><div><ul><li>EBITDA margin stood at 6.9%, down 1181bps YoY and 199bps QoQ. Net loss stood at Rs5,180mn.</li></ul><div><div><div><div><ul><li>R&amp;D cost stood at Rs3,442mn (8.9% of total sales). The company reported a capital expenditure of Rs1,577mn in 4QFY22.</li></ul></div></div></div></div></div></div></div></div><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>

Lupin reported revenue of Rs38,830mn, up 2.6% YoY, but down 6.7% QoQ. EBITDA stood at s2,678mn, down 62.1% YoY and 27.6% QoQ.EBITDA margin stood at 6.9%, down 1181bps YoY and 199bps QoQ. Net loss stood at Rs5,180mn.R&amp;D cost stood at Rs3,442mn (8.9% of total sales). The company reported a capital expenditure of Rs1,577mn in 4QFY22.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.

Lupin - Disappointing Quarter; Focus on Driving Cost Efficiencies

Lupin Ltd

Lupin - Disappointing Quarter; Focus on Driving Cost Efficiencies