https://youtu.be/c3xVFablsNE

For more such interesting market insights, please subscribe to Nirmal Bang's YouTube channel.

*Housing Development Finance Corporation Ltd. -S* | *CMP* Rs. 2466 | *M Cap* Rs. 444852 Cr | *52 W H/L* 2938/1486
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
NII came at Rs. 3880.1 Cr vs expectation of Rs. 4205.8 Cr, YoY Rs. 3301.4 Cr, QoQ Rs. 3877.5 Cr
PBP came at Rs. 4642.9 Cr vs expectation of Rs. 4338.6 Cr, YoY Rs. 3465.2 Cr, QoQ Rs. 3469.2 Cr
PBP came higher due to slightly higher other incme and lower opex
Provision came at Rs. 719 Cr vs expectation of Rs. 596.2 Cr, YoY Rs. 1274 Cr, QoQ Rs. 594 Cr
PAT came at Rs. 3179.8 Cr vs expectation of Rs. 2921.1 Cr, YoY Rs. 2232.5 Cr, QoQ Rs. 2925.8 Cr
O/s Loan Book came at Rs. 569894 Cr vs YoY Rs. 516773 Cr, QoQ Rs. 552167 Cr
During the quarter ended March 31, 2021, individual loan disbursements grew by 60% over the corresponding quarter of the previous year. Although, during the year ended March 31, 2021, individual loan disbursements reported a growth of 3% compared to the previous year.
Gross NPA (%) came at 1.98% vs QoQ 1.67%
The non-performing loans of the individual portfolio stood at 0.99% while that of the non-individual portfolio stood at 4.77%.
Net NPA (%) came at 0.96% vs QoQ 1.19%
The collection efficiency for individual loans in the month of March 2021 stood at 98.0% (near pre-covid levels) compared to 96.3% in the month of September 2020.
Quarter EPS is Rs. 18.4


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

BPCL:

INDIA IS SAID TO GIVE CO BIDDERS DATA ACCESS FOR STAKE SALE


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Dabur India Ltd.* | *CMP* Rs. 536 | *M Cap* Rs. 94734 Cr | *52 W H/L* 582/421
(Nirmal Bang Retail Research)
Volumes came at 25.4% vs expectation of 35.8%, QoQ 16.8%, YoY 5.6%
*Result is below expectations*
Revenue from Operations came at Rs. 2336.8 Cr (-14.4% QoQ, 25.3% YoY) vs expectation of Rs. 2454.9 Cr, QoQ Rs. 2728.8 Cr, YoY Rs. 1865.4 Cr
EBIDTA came at Rs. 442.5 Cr (-22.9% QoQ, 25.6% YoY) vs expectation of Rs. 516.5 Cr, QoQ Rs. 574.2 Cr, YoY Rs. 352.3 Cr
EBITDA Margin came at 18.9% vs expectation of 21%, QoQ 21%, YoY 18.9%
Adj. PAT came at Rs. 377.3 Cr vs expectation of Rs. 432.1 Cr, QoQ Rs. 492 Cr, YoY Rs. 301.2 Cr
Quarter EPS is Rs. 2.1
Share is trading at P/E of 48.1x FY22E EPS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*The Great Eastern Shipping Company Ltd.* | *CMP* Rs. 384 | *M Cap* Rs. 5644 Cr | *52 W H/L* 384/189
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 740 Cr (-1.8% QoQ, -26.7% YoY) vs QoQ Rs. 753.2 Cr, YoY Rs. 1009.3 Cr
EBIDTA came at Rs. 224.9 Cr (-32.9% QoQ, 35.4% YoY) vs QoQ Rs. 335.4 Cr, YoY Rs. 166.1 Cr
EBITDA Margin came at 30.4% vs QoQ 44.5%, YoY 16.5%
Adj. PAT came at Rs. 49 Cr vs QoQ Rs. 176.3 Cr, YoY Rs. -50.7 Cr
Quarter EPS is Rs. 3.3
Share is trading at P/E of 10.2x FY22E EPS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Grindwell Norton Ltd.* | *CMP* Rs. 1052 | *M Cap* Rs. 11648 Cr | *52 W H/L* 1052/451
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 507.5 Cr (10.9% QoQ, 38.7% YoY) vs expectation of Rs. 438.5 Cr, QoQ Rs. 457.7 Cr, YoY Rs. 365.9 Cr
EBIDTA came at Rs. 119.2 Cr (21.7% QoQ, 97.6% YoY) vs expectation of Rs. 83.7 Cr, QoQ Rs. 98 Cr, YoY Rs. 60.3 Cr
EBITDA Margin came at 23.5% vs expectation of 19.1%, QoQ 21.4%, YoY 16.5%
Adj. PAT came at Rs. 83.1 Cr vs expectation of Rs. 56 Cr, QoQ Rs. 65.9 Cr, YoY Rs. 41.4 Cr
Quarter EPS is Rs. 7.5
Share is trading at P/E of 47.9x FY22E EPS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: May 10, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_Grkf6Mx6QlmIR3Dxm7DWiA


After registering, you will receive a confirmation email containing information about joining the webinar.

DIALWEALTH UPDATE

BIG POSITIVE FOR TIME TECHNO

https://twitter.com/DIALWEALTH_IN/status/1390587388540297222?s=19

@DIALWEALTH

KARNATAKA: COVID GUIDELINES - DELIVERY OF ALL ITEMS THROUGH E-COMMERCE ALLOWED || FOLLOWING INDUSTRIES CAN OPERATE: MANUFACTURING UNITS OF ESSENTIAL COMMODITIES || PRODUCTION UNITS WHICH REQUIRE CONTINUOUS PROCESS || INDUSTRIAL UNITS (BOTH GOVERNMENT AND PVT) OPERATING WITH IN-SITU STAFF/WORKERS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Navin Fluorine International Ltd.* | *CMP* Rs. 3370 | *M Cap* Rs. 16682 Cr | *52 W H/L* 3370/1375
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 336.4 Cr (8.8% QoQ, 21.6% YoY) vs expectation of Rs. 310.9 Cr, QoQ Rs. 309.1 Cr, YoY Rs. 276.6 Cr
EBIDTA came at Rs. 84.2 Cr (4.7% QoQ, 22.5% YoY) vs expectation of Rs. 79.7 Cr, QoQ Rs. 80.5 Cr, YoY Rs. 68.8 Cr
EBITDA Margin came at 25% vs expectation of 25.6%, QoQ 26%, YoY 24.9%
Adj. PAT came at Rs. 59.3 Cr vs expectation of Rs. 56.9 Cr, QoQ Rs. 58.9 Cr, YoY Rs. 272.7 Cr
Quarter EPS is Rs. 12
Share is trading at P/E of 59.4x FY22E EPS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Godrej Agrovet Ltd.* | *CMP* Rs. 515 | *M Cap* Rs. 9892 Cr | *52 W H/L* 569/349
(Nirmal Bang Retail Research)
*Result is marginally above expectations*
Revenue from Operations came at Rs. 1462.5 Cr (-4.2% QoQ, -10.1% YoY) vs expectation of Rs. 1463.1 Cr, QoQ Rs. 1526.2 Cr, YoY Rs. 1627.7 Cr
EBIDTA came at Rs. 112.2 Cr (-0.2% QoQ, -11.1% YoY) vs expectation of Rs. 106.2 Cr, QoQ Rs. 112.4 Cr, YoY Rs. 126.3 Cr
EBITDA Margin came at 7.7% vs expectation of 7.3%, QoQ 7.4%, YoY 7.8%
Adj. PAT came at Rs. 63.4 Cr vs expectation of Rs. 53.3 Cr, QoQ Rs. 61.6 Cr, YoY Rs. 84.5 Cr
Quarter EPS is Rs. 3.3
Share is trading at P/E of 25.9x FY22E EPS


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Kansai Nerolac Paints Ltd.* | *CMP* Rs. 591 | *M Cap* Rs. 31850 Cr | *52 W H/L* 680/333
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 1330.5 Cr (-9.7% QoQ, 34.7% YoY) vs expectation of Rs. 1257.1 Cr, QoQ Rs. 1473.4 Cr, YoY Rs. 988 Cr
EBIDTA came at Rs. 203.4 Cr (-29.8% QoQ, 59.1% YoY) vs expectation of Rs. 202 Cr, QoQ Rs. 289.8 Cr, YoY Rs. 127.8 Cr
EBITDA Margin came at 15.3% vs expectation of 16.1%, QoQ 19.7%, YoY 12.9%
Adj. PAT came at Rs. 127.8 Cr vs expectation of Rs. 130.6 Cr, QoQ Rs. 201.9 Cr, YoY Rs. 71.5 Cr
Quarter EPS is Rs. 2.4
Share is trading at P/E of 47.4x FY22E EPS

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Ultratech Cement Ltd.* | *CMP* Rs. 6485 | *M Cap* Rs. 187192 Cr | *52 W H/L* 7056/3231
(Nirmal Bang Retail Research)
Off-take came at 27.8mnT vs expectation of 27mnT, QoQ 23.88mnT, YoY 21.44mnT
*Result ahead of Expectation*
Revenue from Operations came at Rs. 14405.6 Cr (17.6% QoQ, 34.1% YoY) vs QoQ Rs. 12254.1 Cr, YoY Rs. 10745.6 Cr
EBIDTA came at Rs. 3690.4 Cr (19.3% QoQ, 51.1% YoY) vs QoQ Rs. 3094.3 Cr, YoY Rs. 2442.7 Cr
EBITDA Margin came at 25.6% vs QoQ 25.3%, YoY 22.7%
Adj. PAT came at Rs. 1775.2 Cr vs QoQ Rs. 1584.3 Cr, YoY Rs. 3242.8 Cr
Quarter EPS is Rs. 61.5
Share is trading at EV/EBITDA of 15.2 FY23 EBITDA


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*