DCB Bank's gross slippages were consistently low at <2% in the pre-Covid-19 phase.
(Photo Source: Vijay Sartape /NDTV Profit)
DCB’s stock has seen a sharp de-rating post pandemic. For the around five-year period, pre-Covid-19 (2015–20), the stock averaged ~2x multiple on a 1-year forward basis. Excluding the three months of peak crisis, it averaged just 0.8x forward book in the last ~5 years.