*DCB Bank Ltd.* | *CMP* Rs. 91 | *M Cap* Rs. 2818 Cr | *52 W H/L* 127/58
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Net Interest Income came at Rs. 311 Cr vs expectation of Rs. 333 Cr, YoY Rs. 324 Cr, QoQ Rs. 335 Cr
Non Interest Income came at Rs. 134 Cr vs expectation of Rs. 106 Cr, YoY Rs. 110 Cr, QoQ Rs. 155 Cr
PBP came at Rs. 205 Cr vs expectation of Rs. 221 Cr, YoY Rs. 212 Cr, QoQ Rs. 277 Cr
Provisions came at Rs. 101 Cr vs expectation of Rs. 136 Cr, YoY Rs. 118 Cr, QoQ Rs. 148 Cr
Total contingent provisions remained at Rs. 229 Cr (0.9% of AUM), same as on Q3.
Adj. PAT came at Rs. 78 Cr vs expectation of Rs. 68 Cr, YoY Rs. 69 Cr, QoQ Rs. 96 Cr
Gross NPA came at Rs. 1083 Cr vs QoQ Rs. 936 Cr at 4.1% vs QoQ 3.7%
Net NPA came at Rs. 594 Cr vs QoQ Rs. 486 Cr at 2.3% vs QoQ 1.9%
Slippages came at Rs. 664 Cr vs QoQ (non proforma) Rs. 0.5 Cr with slippage ratio of 10.23% vs QoQ 0.01%
FY21 slippages were at Rs. 679 Cr (2.6%) compared 2.6% in FY20 and 1.8% before FY20
Quarter EPS is Rs. 3
Share is trading at P/E of 7.2x FY22E EPS & 0.9x trailing P/Adj. BV


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Bandhan Bank Ltd.* | *CMP* Rs. 297 | *M Cap* Rs. 47835 Cr | *52 W H/L*
(Nirmal Bang Retail Research)
*Result is below expectations*
Net Interest Income came at Rs. 1757 Cr vs expectation of Rs. 2094 Cr, YoY Rs. 1680 Cr, QoQ Rs. 2072 Cr
Non Interest Income came at Rs. 787 Cr vs expectation of Rs. 568 Cr, YoY Rs. 500 Cr, QoQ Rs. 553 Cr
PBP came at Rs. 1729 Cr vs expectation of Rs. 1820 Cr, YoY Rs. 1521 Cr, QoQ Rs. 1914 Cr
Provisions came at Rs. 1594 Cr vs expectation of Rs. 1200 Cr, YoY Rs. 827 Cr, QoQ Rs. 1069 Cr
Bank made contingent provisions of Rs. 1034 Cr during the qtr
Adj. PAT came at Rs. 103 Cr vs expectation of Rs. 497 Cr, YoY Rs. 517 Cr, QoQ Rs. 633 Cr
Gross NPA came at 6.8% vs QoQ 7.1% (Proforma)
Net NPA came at 3.5%
Quarter EPS is Rs. 0.6
Share is trading at P/E 11.3x FY22E EPS and trailing P/Adj BV of 3.3x


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Advised Premium Group members to add Raymond on 23 April today made a high of 351.95❤️❤️


17.3% returns done ✅✅❤️

Members can book profit at their own comfort or hold with TSL

Izmo call given to Premium group members in March today made a high of 86.85 ❤️❤️

55% returns done in 42 days❤️❤️

Members can book profit at their own comfort or hold with TSL

Jindal Steel Call given on 26th November as Delivery Call...made a new 52 week high of 485❤️ 😍

106.3% returns done ✅✅


Members can book profit at their own comfort or hold with TSL

Ndl Call given to all group members yesterday and made a high of 38.8 ❤️❤️❤️

17.57% returns done 😍❤️

Members can book profit at their own comfort or hold with TSL

Rexnord call given to all group members on 3 May and made a high of 43.85❤️❤️

15.4% returns done in 5 days ❤️

Members can book profit at their own comfort or hold with TSL

Rsystem call given to Premium group members in December today made a high of 155 ❤️❤️

25% returns done ❤️✅

Members can book profit at their own comfort or hold with TSL

Virinchi call given to Premium group members in February today hit high 57.7 and UC Locked 🔒🔒❤️❤️

74.8% returns in 2 months ❤️❤️

Members can book profit at their own comfort or hold with TSL

Paracables call given to all group members on 9 April today made a high of 10.85❤️❤️
20.5% returns done in a month ❤️❤️

Members can book profit at their own comfort or hold with TSL

Vividind call given to all group members today and made a high of 25.85❤️❤️

10% returns done in 2 days ❤️✅

Members can book profit at their own comfort or hold with TSL

Bsl call given to all group members in March today made a high of 55.1 and UC Locked 🔒🔒❤️❤️

42.85% returns done ❤️✅

Members can book profit at their own comfort or hold with TSL

Kansai Nerolac call given to Premium group members day before yesterday as Results play stock today made a high of 600❤️❤️

2.5% returns done ❤️✅

Members can book profit at their own comfort or hold with TSL

TTL call given to all group members today and made a high of 51.45❤️❤️

8.3% returns done in 2days ❤️❤️

Members can book profit at their own comfort or hold with TSL

DCAL Recommended twice in Market Wizard Newsletter. It was recommended as fundamental pick in Issue 1 and Issue 4 dated 3rd April.
Stock was added in 105 - 115 range..
Today made high of 191❤️.
70% returns in less than month time.❤️❤️
Short term players can exit while mid and long term players add all dips with full confidence.

Members can book profit at their own comfort or hold with TSL

Hfcl call given to all members via Newsletter on 26th April today made a new 52 week high of 35.8❤️❤️

28.5% returns in 8 days ❤️❤️

Members can book profit at their own comfort or hold with TSL

Kothari sugar call given to Premium group members on 12th April today made a high of 34❤️❤️where members added till 24❤️

41.6% returns done in 22 days❤️

Members can book profit at their own comfort or hold with TSL

Happiest minds call given to Premium group members on 1 April today made a new 52 week high of 858.75❤️❤️

59% returns done in a month ❤️❤️

We booked 70% qty today

Members can book profit at their own comfort or hold with TSL

Kg denim call given to all group members on 4May where in members added till 31 today made a high of 36.8❤️

18.7% returns from lowest level❤️

Members can book profit at their own comfort or hold with TSL

Emmbi call given to all group members yesterday where in Members added at 91 and 95 made a high of 105.2❤️❤️

15.6% returns done in 2 days😍❤️

Members can book profit at their own comfort or hold with TSL

Wipro call given to premium group members on 18 April today made a high of 516.55❤️❤️❤️

17.39% returns in 17days ❤️

Members can book profit at their own comfort or hold with TSL