Stocks To Watch: Bajaj Finance, Hindalco, JK Tyre, Petronet LNG, Tata Chemicals – BloombergQuint

Stocks To Watch: Bajaj Finance, Hindalco, JK Tyre, Petronet LNG, Tata Chemicals – BloombergQuint


Earning Reaction To Watch

Himachal Futuristic Communications (Q4, YoY)

  • Revenue up 16.1 percent to Rs 1,095 crore.
  • Net profit down 12.4 percent to Rs 51.5 crore.
  • Ebitda down 13.7 percent to Rs 65 crore.
  • Margin at 6 percent versus 8 percent.

Petronet LNG (Q4, QoQ)

  • Revenue down 17 percent to Rs 8,383.2 crore.
  • Net profit down 22.1 percent to Rs 440.2 crore.
  • Ebitda down 26 percent to Rs 627.2 crore.
  • Margin at 7.5 percent versus 8.4 percent.
  • Other income up 71 percent to Rs 151.4 crore.
  • Declares dividend of Rs 4.5 per share.

Kesoram Industries (Q4, YoY)

  • Revenue up 5.2 percent to Rs 1,036.6 crore.
  • Net profit at Rs 20.8 crore versus net loss of Rs 158.2 crore.
  • Ebitda profit at Rs 121.7 crore versus Ebitda loss of Rs 38.2 crore.
  • Raw material costs down 26 percent to Rs 182 crore.

Manappuram Finance (Q4, YoY)

  • Net interest income up 16.6 percent to Rs 697.9 crore.
  • Net profit up 43.3 percent to Rs 256.9 crore.
  • Board approves to explore entry into micro insurance and to acquire 100 percent stake in Manappuram Asset Finance.

KPIT Technologies (Q4, QoQ)*

  • Revenue up 3.6 times to Rs 501.3 crore.
  • Net profit up 25.4 percent to Rs 30.1 crore.
  • Ebitda up 2.1 times to Rs 61.6 crore.
  • Margin at 12.3 percent versus 21.5 percent.
  • Exceptional loss of Rs 34.3 crore.
  • Employee expenses up 7.6 times to Rs 315.1 crore.
  • Other income of Rs 35.5 crore.

*Numbers not comparable since company went for demerger.

Torrent Power (Q4, YoY)

  • Revenue up 4.1 percent to Rs 2,924.8 crore.
  • Net profit down 88.9 percent to Rs 24 crore.
  • Ebitda up 2.8 percent to Rs 709.9 crore.
  • Margin at 24.3 percent versus 24.6 percent.
  • Other income down 60 percent to Rs 39.9 crore.
  • Employee benefit expense up 20 percent to Rs 154.6 crore.
  • Fuel costs up 7 percent to Rs 897.2 crore.
  • Declares dividend of Rs 5 per share.

Phoenix Mills (Q4, YoY)

  • Revenue up 65.6 percent to Rs 723.2 crore.
  • Net profit up 2.5 times to Rs 228.4 crore.
  • Ebitda up 74.3 percent to Rs 377.2 crore.
  • Margin at 52.2 percent versus 49.6 percent.
  • Exceptional gain of Rs 48.1 crore.
  • Increase in inventory to Rs 123.6 crore.
  • Other Income up 2.3 times to Rs 32.9 crore.

Gulf Oil Lubricants (Q4, YoY)

  • Revenue up 16.8 percent to Rs 436.2 crore.
  • Net profit up 15 percent to Rs 47.6 crore.
  • Ebitda up 18.1 percent to Rs 74.3 crore.
  • Margin at 17 percent versus 16.8 percent.
  • Board declares dividend of Rs 7 per share.

Jammu & Kashmir Bank (Q4, YoY)

  • Net interest income up 42 percent to Rs 931.3 crore.
  • Net profit up 7.6 times to Rs 214.8 crore.
  • Provisions to Rs 378 crore versus Rs 251.1 crore.
  • GNPA at 8.97 percent versus 9.94 percent. (QoQ)
  • NNPA at 4.89 percent versus 4.69 percent. (QoQ)

SKF India (Q4, YoY)

  • Revenue up 6.4 percent to Rs 748.4 crore.
  • Net profit up 14.8 percent to Rs 82.2 crore.
  • Ebitda up 4.6 percent to Rs 111 crore.
  • Margin at 14.8 percent versus 15.1 percent.
  • Inventory gain of Rs 43 crore in base quarter.
  • Other income up 55 percent to Rs 29.2 crore.
  • Board names Anurag Bhagania as CFO and Gopal Subramanyam as Chairman.

Magma Fincorp (Q4, YoY)

  • Net interest income up 10.1 percent to Rs 290.8 crore.
  • Net profit up 6.6 percent to Rs 85.3 crore.

Majesco (Q4, QoQ)

  • Revenue up 2.7 percent to Rs 261.5 crore.
  • Net profit down 42.3 percent to Rs 8.6 crore.
  • EBIT down 43.1 percent to Rs 12 crore.
  • Margin at 4.6 percent versus 8.3 percent.
  • Other expenses up 30 percent to Rs 67.5 crore.
  • Deferred tax reversal of Rs 8.2 crore.

Mahindra Holidays & Resorts (Q4, YoY)

  • Revenue down 19.5 percent to Rs 238.3 crore.
  • Net profit down 62.7 percent to Rs 14.4 crore.
  • Ebitda down 66 percent to Rs 21.2 crore.
  • Margin at 8.9 percent versus 21.1 percent.
  • Other income up 41 percent to Rs 13.8 crore.
  • Current tax reversal of Rs 27.3 crore.
  • Board re-appoints Kavinder Singh as MD and CEO till November 2024.



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