*Hindustan Petroleum Corporation Ltd.* | *CMP* Rs. 266 | *M Cap* Rs. 37969 Cr | *52 W H/L* 270/163
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 74843.4 Cr (9% QoQ, 13.1% YoY) vs expectation of Rs. 82920.3 Cr, QoQ Rs. 68659.2 Cr, YoY Rs. 66154.9 Cr
EBIDTA came at Rs. 4666.4 Cr (41.3% QoQ, -760.4% YoY) vs expectation of Rs. 2372.3 Cr, QoQ Rs. 3301.5 Cr, YoY Rs. -706.6 Cr
EBITDA Margin came at 6.2% vs expectation of 2.9%, QoQ 4.8%, YoY -1.1%
Adj. PAT came at Rs. 3018 Cr vs expectation of Rs. 1332 Cr, QoQ Rs. 2354.6 Cr, YoY Rs. 1029.7 Cr
Quarter EPS is Rs. 21.2
Share is trading at P/E of 6.1x FY22E EPS
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 74843.4 Cr (9% QoQ, 13.1% YoY) vs expectation of Rs. 82920.3 Cr, QoQ Rs. 68659.2 Cr, YoY Rs. 66154.9 Cr
EBIDTA came at Rs. 4666.4 Cr (41.3% QoQ, -760.4% YoY) vs expectation of Rs. 2372.3 Cr, QoQ Rs. 3301.5 Cr, YoY Rs. -706.6 Cr
EBITDA Margin came at 6.2% vs expectation of 2.9%, QoQ 4.8%, YoY -1.1%
Adj. PAT came at Rs. 3018 Cr vs expectation of Rs. 1332 Cr, QoQ Rs. 2354.6 Cr, YoY Rs. 1029.7 Cr
Quarter EPS is Rs. 21.2
Share is trading at P/E of 6.1x FY22E EPS
*Meghmani Organochem Ltd.*
(Nirmal Bang Retail Research)
*Result is declining*
This is Agro & Pigment demerged division of Meghmani Organic not yet listed
Revenue from Operations came at Rs. 463.1 Cr (3.4% QoQ, 13.2% YoY) vs QoQ Rs. 447.7 Cr, YoY Rs. 408.9 Cr
EBIDTA came at Rs. 34.8 Cr (-61.6% QoQ, -35% YoY) vs QoQ Rs. 90.5 Cr, YoY Rs. 53.5 Cr
EBITDA Margin came at 7.5% vs QoQ 20.2%, YoY 13.1%
Adj. PAT came at Rs. 36 Cr vs QoQ Rs. 49.4 Cr, YoY Rs. 60.2 Cr
Quarter EPS is Rs. 1.4
(Nirmal Bang Retail Research)
*Result is declining*
This is Agro & Pigment demerged division of Meghmani Organic not yet listed
Revenue from Operations came at Rs. 463.1 Cr (3.4% QoQ, 13.2% YoY) vs QoQ Rs. 447.7 Cr, YoY Rs. 408.9 Cr
EBIDTA came at Rs. 34.8 Cr (-61.6% QoQ, -35% YoY) vs QoQ Rs. 90.5 Cr, YoY Rs. 53.5 Cr
EBITDA Margin came at 7.5% vs QoQ 20.2%, YoY 13.1%
Adj. PAT came at Rs. 36 Cr vs QoQ Rs. 49.4 Cr, YoY Rs. 60.2 Cr
Quarter EPS is Rs. 1.4
*Expleo Solutions Ltd.* | *CMP* Rs. 700 | *M Cap* Rs. 718 Cr | *52 W H/L* 732/148
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 79.3 Cr (10% QoQ, 4.9% YoY) vs QoQ Rs. 72.1 Cr, YoY Rs. 75.7 Cr
EBIDTA came at Rs. 16.5 Cr (20.5% QoQ, 4.2% YoY) vs QoQ Rs. 13.7 Cr, YoY Rs. 15.8 Cr
EBITDA Margin came at 20.8% vs QoQ 19%, YoY 20.9%
Adj. PAT came at Rs. 11 Cr vs QoQ Rs. 12.6 Cr, YoY Rs. 14 Cr. Lower PAT is on account of lower other income
Quarter EPS is Rs. 10.7
Share is trading at P/E of 14.2x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 79.3 Cr (10% QoQ, 4.9% YoY) vs QoQ Rs. 72.1 Cr, YoY Rs. 75.7 Cr
EBIDTA came at Rs. 16.5 Cr (20.5% QoQ, 4.2% YoY) vs QoQ Rs. 13.7 Cr, YoY Rs. 15.8 Cr
EBITDA Margin came at 20.8% vs QoQ 19%, YoY 20.9%
Adj. PAT came at Rs. 11 Cr vs QoQ Rs. 12.6 Cr, YoY Rs. 14 Cr. Lower PAT is on account of lower other income
Quarter EPS is Rs. 10.7
Share is trading at P/E of 14.2x TTM EPS
*ELECTROSTEEL CASTINGS LTD.* | *CMP* Rs. 33 | *M Cap* Rs. 1422 Cr | *52 W H/L* 37/9
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 1228 Cr (5.6% QoQ, 72.3% YoY) vs QoQ Rs. 1162.5 Cr, YoY Rs. 712.6 Cr
EBIDTA came at Rs. 171.9 Cr (-1.4% QoQ, 117.7% YoY) vs QoQ Rs. 174.3 Cr, YoY Rs. 79 Cr
EBITDA Margin came at 14% vs QoQ 15%, YoY 11.1%
Adj. PAT came at Rs. 42.6 Cr vs QoQ Rs. 57.2 Cr, YoY Rs. 37.8 Cr
Quarter EPS is Rs. 1
Share is trading at P/E of 14.5x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 1228 Cr (5.6% QoQ, 72.3% YoY) vs QoQ Rs. 1162.5 Cr, YoY Rs. 712.6 Cr
EBIDTA came at Rs. 171.9 Cr (-1.4% QoQ, 117.7% YoY) vs QoQ Rs. 174.3 Cr, YoY Rs. 79 Cr
EBITDA Margin came at 14% vs QoQ 15%, YoY 11.1%
Adj. PAT came at Rs. 42.6 Cr vs QoQ Rs. 57.2 Cr, YoY Rs. 37.8 Cr
Quarter EPS is Rs. 1
Share is trading at P/E of 14.5x TTM EPS
*JK LAKSHMI CEMENT LTD.* | *CMP* Rs. 467 | *M Cap* Rs. 5495 Cr | *52 W H/L* 467/183
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1322 Cr (10.8% QoQ, 24.6% YoY) vs expectation of Rs. 1264.7 Cr, QoQ Rs. 1192.8 Cr, YoY Rs. 1061.2 Cr
EBIDTA came at Rs. 267.9 Cr (39.7% QoQ, 32.6% YoY) vs expectation of Rs. 196.4 Cr, QoQ Rs. 191.8 Cr, YoY Rs. 202 Cr
EBITDA Margin came at 20.3% vs expectation of 15.5%, QoQ 16.1%, YoY 19%
Adj. PAT came at Rs. 167.4 Cr vs expectation of Rs. 93.4 Cr, QoQ Rs. 102.3 Cr, YoY Rs. 100.8 Cr
Quarter EPS is Rs. 14.2
Share is trading at EV/EBITDA of 7.9x FY23E EBITDA
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1322 Cr (10.8% QoQ, 24.6% YoY) vs expectation of Rs. 1264.7 Cr, QoQ Rs. 1192.8 Cr, YoY Rs. 1061.2 Cr
EBIDTA came at Rs. 267.9 Cr (39.7% QoQ, 32.6% YoY) vs expectation of Rs. 196.4 Cr, QoQ Rs. 191.8 Cr, YoY Rs. 202 Cr
EBITDA Margin came at 20.3% vs expectation of 15.5%, QoQ 16.1%, YoY 19%
Adj. PAT came at Rs. 167.4 Cr vs expectation of Rs. 93.4 Cr, QoQ Rs. 102.3 Cr, YoY Rs. 100.8 Cr
Quarter EPS is Rs. 14.2
Share is trading at EV/EBITDA of 7.9x FY23E EBITDA
*Cosmo Films Ltd.* | *CMP* Rs. 795 | *M Cap* Rs. 1545 Cr | *52 W H/L* 801/254
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 605.6 Cr (19.3% QoQ, 27.9% YoY) vs QoQ Rs. 507.6 Cr, YoY Rs. 473.5 Cr
EBIDTA came at Rs. 98.7 Cr (10.1% QoQ, 45.9% YoY) vs QoQ Rs. 89.7 Cr, YoY Rs. 67.7 Cr
EBITDA Margin came at 16.3% vs QoQ 17.7%, YoY 14.3%
Adj. PAT came at Rs. 65 Cr vs QoQ Rs. 54 Cr, YoY Rs. 29.1 Cr
Quarter EPS is Rs. 33.4
Share is trading at P/E of 7.2x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 605.6 Cr (19.3% QoQ, 27.9% YoY) vs QoQ Rs. 507.6 Cr, YoY Rs. 473.5 Cr
EBIDTA came at Rs. 98.7 Cr (10.1% QoQ, 45.9% YoY) vs QoQ Rs. 89.7 Cr, YoY Rs. 67.7 Cr
EBITDA Margin came at 16.3% vs QoQ 17.7%, YoY 14.3%
Adj. PAT came at Rs. 65 Cr vs QoQ Rs. 54 Cr, YoY Rs. 29.1 Cr
Quarter EPS is Rs. 33.4
Share is trading at P/E of 7.2x TTM EPS
*TORRENT POWER LTD.* | *CMP* Rs. 431 | *M Cap* Rs. 20715 Cr | *52 W H/L* 457/291
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 3084.1 Cr (4.4% QoQ, 3.4% YoY) vs QoQ Rs. 2952.8 Cr, YoY Rs. 2983.5 Cr
EBIDTA came at Rs. 914.5 Cr (5.1% QoQ, 10.6% YoY) vs QoQ Rs. 870.3 Cr, YoY Rs. 827 Cr
EBITDA Margin came at 29.7% vs QoQ 29.5%, YoY 27.7%
Adj. PAT came at Rs. 396.9 Cr vs QoQ Rs. 320.5 Cr, YoY Rs. 725.1 Cr (Last year higher PAT was on account of negative tax
Quarter EPS is Rs. 8.3
Share is trading at P/E of 14.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 3084.1 Cr (4.4% QoQ, 3.4% YoY) vs QoQ Rs. 2952.8 Cr, YoY Rs. 2983.5 Cr
EBIDTA came at Rs. 914.5 Cr (5.1% QoQ, 10.6% YoY) vs QoQ Rs. 870.3 Cr, YoY Rs. 827 Cr
EBITDA Margin came at 29.7% vs QoQ 29.5%, YoY 27.7%
Adj. PAT came at Rs. 396.9 Cr vs QoQ Rs. 320.5 Cr, YoY Rs. 725.1 Cr (Last year higher PAT was on account of negative tax
Quarter EPS is Rs. 8.3
Share is trading at P/E of 14.8x FY22E EPS
As a retail investor with a long term horizon, i currently only want to focus on accumulating more shares/units than trying to time if the price is correct and should i invest or wait.
#investing
#investing
Asian markets Edge higher today following rebound of the US markets led by technology shares on improving Jobless data firming up the view that April dip in Jobless data was a temporary flip and not deceleration.
Nikkei is trading 256 points higher
HangSeng is trading 96 points higher
SGX Nifty is trading 128 points higher
Nikkei is trading 256 points higher
HangSeng is trading 96 points higher
SGX Nifty is trading 128 points higher