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Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: May 5, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_jWY3lk2-SKCLO_BSD0uKnA


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*Morepen Laboratories Ltd.* | *CMP* Rs. 65 | *M Cap* Rs. 2935 Cr | *52 W H/L* 65.25/15
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 286.6 Cr (-6.8% QoQ, 38.7% YoY) vs QoQ Rs. 307.4 Cr, YoY Rs. 206.6 Cr
EBIDTA came at Rs. 30.4 Cr (2.1% QoQ, 61.5% YoY) vs QoQ Rs. 29.8 Cr, YoY Rs. 18.8 Cr
EBITDA Margin came at 10.6% vs QoQ 9.7%, YoY 9.1%
Adj. PAT came at Rs. 26.8 Cr vs QoQ Rs. 23.8 Cr, YoY Rs. 11 Cr
Quarter EPS is Rs. 0.6
Share is trading at P/E of 30.2x TTM EPS


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*Srikalahasthi Pipes Ltd.* | *CMP* Rs. 201 | *M Cap* Rs. 939 Cr | *52 W H/L* 224/109
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 474.5 Cr (11.2% QoQ, 19.1% YoY) vs QoQ Rs. 426.6 Cr, YoY Rs. 398.5 Cr
EBIDTA came at Rs. 64.8 Cr (-14.7% QoQ, -3.4% YoY) vs QoQ Rs. 75.9 Cr, YoY Rs. 67.1 Cr
EBITDA Margin came at 13.7% vs QoQ 17.8%, YoY 16.8%
Adj. PAT came at Rs. 39.8 Cr vs QoQ Rs. 46.8 Cr, YoY Rs. 50.7 Cr
Quarter EPS is Rs. 8.5
Share is trading at P/E of 9.1x TTM EPS


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*Knowledge Enhancement Group*
*Alembic Pharmaceuticals Ltd.* | *CMP* Rs. 1002 | *M Cap* Rs. 19689 Cr | *52 W H/L* 1150/599
(Nirmal Bang Retail Research)
*Result is broadly in-line with expectations*
Revenue from Operations came at Rs. 1280.4 Cr (-2.6% QoQ, 6.1% YoY) vs expectation of Rs. 1285.9 Cr, QoQ Rs. 1314.3 Cr, YoY Rs. 1206.8 Cr
EBIDTA came at Rs. 341.7 Cr (-6.4% QoQ, 4.3% YoY) vs expectation of Rs. 331.6 Cr, QoQ Rs. 365.1 Cr, YoY Rs. 327.5 Cr
EBITDA Margin came at 26.7% vs expectation of 25.8%, QoQ 27.8%, YoY 27.1%
Adj. PAT came at Rs. 250.7 Cr vs expectation of Rs. 236.8 Cr, QoQ Rs. 292.6 Cr, YoY Rs. 214.6 Cr
Quarter EPS is Rs. 12.8
Share is trading at P/E of 19.9x FY22E EPS

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*Knowledge Enhancement Group*
*Skipper Ltd.* | *CMP* Rs. 58 | *M Cap* Rs. 595 Cr | *52 W H/L* 75/20
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 497.4 Cr (8.2% QoQ, 13.3% YoY) vs QoQ Rs. 459.8 Cr, YoY Rs. 438.9 Cr
EBIDTA came at Rs. 42.8 Cr (18.6% QoQ, 57.3% YoY) vs QoQ Rs. 36.1 Cr, YoY Rs. 27.2 Cr
EBITDA Margin came at 8.6% vs QoQ 7.8%, YoY 6.2%
Adj. PAT came at Rs. 9 Cr vs QoQ Rs. 11.5 Cr, YoY Rs. 28.1 Cr
Quarter EPS is Rs. 0.9
Share is trading at P/E of 27.8x TTM EPS


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*Learning and earning group*

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*Knowledge Enhancement Group*
*Apollo Pipes Ltd.* | *CMP* Rs. 1150 | *M Cap* Rs. 1508 Cr | *52 W H/L* 1207/267
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 174.2 Cr (36% QoQ, 85.1% YoY) vs QoQ Rs. 128.1 Cr, YoY Rs. 94.1 Cr
EBIDTA came at Rs. 27.1 Cr (6.1% QoQ, 158.2% YoY) vs QoQ Rs. 25.5 Cr, YoY Rs. 10.5 Cr
EBITDA Margin came at 15.5% vs QoQ 19.9%, YoY 11.1%
Adj. PAT came at Rs. 16.6 Cr vs QoQ Rs. 16.3 Cr, YoY Rs. 6.2 Cr
Quarter EPS is Rs. 12.7
Share is trading at P/E of 33.9x TTM EPS


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*Learning and earning group*

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*Knowledge Enhancement Group*
*Adani Ports and Special Economic Zone Ltd.* | *CMP* Rs. 769 | *M Cap* Rs. 156242 Cr | *52 W H/L* 885/256
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 3607.9 Cr (-3.7% QoQ, 23.5% YoY) vs expectation of Rs. 3721 Cr, QoQ Rs. 3746.5 Cr, YoY Rs. 2921.2 Cr
EBIDTA came at Rs. 2287 Cr (-8.1% QoQ, 39.1% YoY) vs expectation of Rs. 2376.3 Cr, QoQ Rs. 2488 Cr, YoY Rs. 1644 Cr
EBITDA Margin came at 63.4% vs expectation of 63.9%, QoQ 66.4%, YoY 56.3%
Adj. PAT came at Rs. 1287.8 Cr vs expectation of Rs. 1465.3 Cr, QoQ Rs. 1561.5 Cr, YoY Rs. 334.4 Cr
Quarter EPS is Rs. 6.3
Share is trading at P/E of 24.6x FY22E EPS


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*Learning and earning group*

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*Knowledge Enhancement Group*
*Elantas Beck India Ltd.* | *CMP* Rs. 3668 | *M Cap* Rs. 2908 Cr | *52 W H/L* 4026/1897
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 129.1 Cr (9.4% QoQ, 22.7% YoY) vs QoQ Rs. 118 Cr, YoY Rs. 105.2 Cr
EBIDTA came at Rs. 25.4 Cr (-6.3% QoQ, 63.1% YoY) vs QoQ Rs. 27.1 Cr, YoY Rs. 15.6 Cr
EBITDA Margin came at 19.7% vs QoQ 23%, YoY 14.8%
Adj. PAT came at Rs. 18.1 Cr vs QoQ Rs. 22.5 Cr, YoY Rs. 13.3 Cr
Quarter EPS is Rs. 22.9
Share is trading at P/E of 43.7x TTM EPS

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*Learning and earning group*

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*Knowledge Enhancement Group*
*RBL Bank Ltd.* | *CMP* Rs. 182 | *M Cap* Rs. 10884 Cr | *52 W H/L* 274/102
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Net Interest Income came at Rs. 906 Cr vs expectation of Rs. 936 Cr, YoY Rs. 1021 Cr, QoQ Rs. 908 Cr
Non Interest Income came at Rs. 688 Cr vs expectation of Rs. 615 Cr, YoY Rs. 501 Cr, QoQ Rs. 580 Cr
PBP came at Rs. 877 Cr vs expectation of Rs. 791 Cr, YoY Rs. 765 Cr, QoQ Rs. 805 Cr
Provisions came at Rs. 767 Cr vs expectation of Rs. 675 Cr, YoY Rs. 614 Cr, QoQ Rs. 610 Cr
Adj. PAT came at Rs. 75 Cr vs expectation of Rs. 102 Cr, YoY Rs. 114 Cr, QoQ Rs. 147 Cr
Gross NPA came at Rs. 2602 Cr vs QoQ Rs. 2610 Cr at 4.34% vs QoQ 4.57%
Net NPA came at Rs. 1241 Cr vs QoQ Rs. 1408 Cr at 2.12% vs QoQ 2.52%
Quarter EPS is Rs. 1.5
Slippages came at Rs. 1439 Cr vs QoQ Rs. 1470 Cr with slippage ratio of 9.8% vs QoQ 10.4%
BBB portfolio has declined to 16.8% vs QoQ 18.3% & YoY 20.7%
BB & Below portfolio has declined to 5.7% vs QoQ 6.5% & YoY 6.5%
Share is trading at P/E of 9.3x FY22E EPS & 0.8x trailing P/Adj. BV


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*Learning and earning group*

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*Knowledge Enhancement Group*
*Adani Total Gas Ltd.* | *CMP* Rs. 1252 | *M Cap* Rs. 137695 Cr | *52 W H/L* 1252/0
(Nirmal Bang Retail Research)
*Result has declined QoQ*
Revenue from Operations came at Rs. 584.5 Cr (17.8% QoQ, 26.4% YoY) vs QoQ Rs. 496.1 Cr, YoY Rs. 462.3 Cr
EBIDTA came at Rs. 204.7 Cr (-3.8% QoQ, 21.9% YoY) vs QoQ Rs. 212.8 Cr, YoY Rs. 168 Cr
EBITDA Margin came at 35% vs QoQ 42.9%, YoY 36.3%
Adj. PAT came at Rs. 143.7 Cr vs QoQ Rs. 145.9 Cr, YoY Rs. 121.4 Cr
Quarter EPS is Rs. 1.3
Share is trading at P/E of 291.2x TTM EPS

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*Block Deals Maithan Alloys*

Promoter Bhagwati Syndicate bought 1.33 lakh shares (0.46%) at Rs 838 per share. Promoter Subhas Agarwalla sold 1.33 lakh shares (0.46%) at Rs 838 per share.


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*Knowledge Enhancement Group*
This is so humorous:


ITC at 8:59 A.M.:

"Mummy, mai zara ghoomke aatha huu".

Mummy: "Zyda duur mat jana beta".

ITC: "mai kaha jaoonga Mummy.... idhar hi aas pas 202-203 ya 199-198 tak jaake, 3:30pm tak waapas aaoonga".

Mummy: "Ghar ka number yaad rakha, 200 hai"..
*Special Note:*
👇🏻👇🏻
Are you short-tempered in your life, Do you have anger issues, Do you have lack of patience in life?
.
.
.
.
.
*Invest 1 lakh in ITC, these stocks will teach you patience.*


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*Learning and earning group*

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*Knowledge Enhancement Group*
SBILIFE - RESULT INLINE WITH EXP
MAH HOLIDAYS - RESULT DECLINED
KOTAK BANK - RESULT BELOW EXP
IDBI BANK - RESULT OK
SUPREME INDUS - RESULT ABOVE EXP
TATA CHEMICALS - RESULT BELOW EXP
L&T TS - RESULT BELOW EXP
HOME FIRST FIN - RESULT OK
SKIPPER - RESULT OK
ALEMBIC PHARMA - RESULT INLINE WITH EXP
SRIPIPES - RESULT DECLINED
MOREPEN LAB - RESULT OK
DCM SHRIRAM - RESULT OK
ELANTAS BECK - RESULT DELCINED
ADANI PORT - RESULT BELOW EXP
APOLLO PIPES - RESULT OK


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*Learning and earning group*

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*Knowledge Enhancement Group*
FII IN DERIVATIVES SEGMENT ( PROVISIONAL ) 04- 05-2021
INDEX FUT : - 287.60
INDEX OPT : + 1870.22
STOCK FUT : + 1178.02
STOCK OPT : - 66.99

NIFTY 3 MONTH PCR @ 0.92 V/S YESTERDAY'S 1.07 & 6 TH MAY WEEKLY @ 0.83
BANK NIFTY 3 MONTH PCR @ 0.77 V/S 0.84 & 6TH MAY WEEKLY @ 1.09

Prov Data 04 - May -2021
FII/FPI Net: - 1772.37
DII Net: + 987.34.


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*Learning and earning group*

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*Knowledge Enhancement Group*