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><ul><li>Revenue increases by 16.6% QoQ and 28.4% YoY to Rs4,954mn: The company reported revenue of Rs4,954mn in 4QFY22, up 16.6% QoQ, led by 20.7%/17.8%/80.4% QoQ increase in revenue from Retail/Commercial/Residential segments.</li></ul><div><ul><li>However, revenue from Hotels declined by 11% QoQ to Rs586mn in 4QFY22 on account of a decline in occupancy level in Jan’22 amid the 3rd covid wave.</li></ul><div><ul><li>Retail - Strong driven by consumption: Revenue grew by 21% QoQ and 26% YoY to Rs3,358mn in 4QFY22, mainly as better recovery was witnessed across cities on the back of (1) Improving demand from new tenants, l<span style="font-size: var(--content-font-size);">ed by pick-up in their business activities (2) More categories and businesses, especially food courts, being allowed to re-open amid the waning impact of 3rd covid wave and reduced restrictions (3) More footfalls amid festive and wedding season.</span></li></ul></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>

Revenue increases by 16.6% QoQ and 28.4% YoY to Rs4,954mn: The company reported revenue of Rs4,954mn in 4QFY22, up 16.6% QoQ, led by 20.7%/17.8%/80.4% QoQ increase in revenue from Retail/Commercial/Residential segments.However, revenue from Hotels declined by 11% QoQ to Rs586mn in 4QFY22 on account of a decline in occupancy level in Jan’22 amid the 3rd covid wave.Retail - Strong driven by consumption: Revenue grew by 21% QoQ and 26% YoY to Rs3,358mn in 4QFY22, mainly as better recovery was witnessed across cities on the back of (1) Improving demand from new tenants, led by pick-up in their business activities (2) More categories and businesses, especially food courts, being allowed to re-open amid the waning impact of 3rd covid wave and reduced restrictions (3) More footfalls amid festive and wedding season.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.

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