*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
╭───────────────────╮
🌄 *Shuboudhaya : 21 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *CPI(M) veteran Pinarayi Vijayan, who led the Left Democratic Front (LDF) to an unprecedented consecutive victory in the April 6 assembly polls, on Thursday took oath as Chief Minister of Kerala for the second time along with 20 ministers.*
2. Kerala Governor Arif Mohammed Khan administered the oath of office to 77-year-old Vijayan and ministers in a low-key function at the Central Stadium here, which was held completely in accordance with the Covid protocol.
3. 150 GPS based ventilator beds from PM Cares Trust Fund established at Sardar Patel Covid Care Centre (SPCCC), New Delhi started functioning. This will be in addition to the 500 oxygen beds which are already functional at the centre. The ventilators will be used for providing critical care to the Covid19 patients.
4. The centre is serving as an important centre with the support of Indo-Tibetan Border Police (ITBP) and Delhi Government and is providing much needed medical care to patients who need oxygen support. The Ministry of Home Affairs (MHA) had mandated the Force to provide the Doctors and paramedical staff for the SPCCC, Radha Soami Beas, Chhatarpur, New Delhi.
5. *PM Modi interacted with the state and district officials on the COVID-19 situation through video conference*: During the interaction, the officials thanked the Prime Minister for his leadership in the battle against Covid-19. The officials briefed the Prime Minister about the improving covid situation in their respective districts.
6. *The due date of furnishing of Return of Income for the Assessment Year 2021-22* , which is 31st July 2021 under sub-section (1) of section 139 of the Act, is extended to 30th September 2021.
7. *Assam govt announces free power supply to oxygen plants* : The state also announced the revival of the closed ones to avert any shortage of the live-saving gas amid the coronavirus pandemic
8. *Uttarakhand allows ration shops, grocery stores to open for 5 hours from May 21*
9. The Indian Medical Association (IMA) has said that over 300 doctors have died due to COVID-19 during the second wave of the coronavirus pandemic while most deaths have been reported from Bihar.
10. WB CM Mamata Banerjee described the Prime minister’ meeting with chief ministers on the Covid situation on Thursday as “a super flop” and said that they felt “humiliated” and “insulted” for not being allowed to speak.
11. *Questions remain over why ONGC personnel ignored Tauktae warning*: The Union government has ordered an inquiry into the incident at Oil and Natural Gas Corporation's (ONGC's) Western Offshore site, off the Mumbai shore that led to at least 26 confirmed deaths. Fifty-five persons went missing and scores of others were stranded.
12. *Union Health and Family Welfare Ministry has urged the States and Union Territories to make fungal infection Mucormycosis known as black fungus, a notifiable disease under the Epidemic Diseases Act 1897.* The Ministry has asked all the government and private health facilities, medical colleges to follow guidelines for screening, diagnosis, management of Mucormycosis issued by the Union Health Ministry and Indian Council of Medical Research.
13. Maharashtra Health Minister Rajesh Tope on Thursday told Prime Minister Narendra Modi that mucormycosis or black fungus, which has claimed 90 lives in the state so far, is a matter of prime concern for it at present, and the state government needs more supply of the medicine used in its treatment.
14. *Now Money kept in various online wallets like Amazon pay, Ola money, Mobikwik, Phone pe, Delhi Metro Card etc. can be withdrawn using an ATM or Point of Sale Terminal.* Reserve bank of India permitted cash withdrawal of Rs. 2,000 per transaction with maximum limit of Rs. 10,000 per month. All non-bank Payment prepaid instruments can provide this service. But, for such transaction using card or wallet PIN or other additional authentication will be mandatory.
🌄 *Shuboudhaya : 21 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *CPI(M) veteran Pinarayi Vijayan, who led the Left Democratic Front (LDF) to an unprecedented consecutive victory in the April 6 assembly polls, on Thursday took oath as Chief Minister of Kerala for the second time along with 20 ministers.*
2. Kerala Governor Arif Mohammed Khan administered the oath of office to 77-year-old Vijayan and ministers in a low-key function at the Central Stadium here, which was held completely in accordance with the Covid protocol.
3. 150 GPS based ventilator beds from PM Cares Trust Fund established at Sardar Patel Covid Care Centre (SPCCC), New Delhi started functioning. This will be in addition to the 500 oxygen beds which are already functional at the centre. The ventilators will be used for providing critical care to the Covid19 patients.
4. The centre is serving as an important centre with the support of Indo-Tibetan Border Police (ITBP) and Delhi Government and is providing much needed medical care to patients who need oxygen support. The Ministry of Home Affairs (MHA) had mandated the Force to provide the Doctors and paramedical staff for the SPCCC, Radha Soami Beas, Chhatarpur, New Delhi.
5. *PM Modi interacted with the state and district officials on the COVID-19 situation through video conference*: During the interaction, the officials thanked the Prime Minister for his leadership in the battle against Covid-19. The officials briefed the Prime Minister about the improving covid situation in their respective districts.
6. *The due date of furnishing of Return of Income for the Assessment Year 2021-22* , which is 31st July 2021 under sub-section (1) of section 139 of the Act, is extended to 30th September 2021.
7. *Assam govt announces free power supply to oxygen plants* : The state also announced the revival of the closed ones to avert any shortage of the live-saving gas amid the coronavirus pandemic
8. *Uttarakhand allows ration shops, grocery stores to open for 5 hours from May 21*
9. The Indian Medical Association (IMA) has said that over 300 doctors have died due to COVID-19 during the second wave of the coronavirus pandemic while most deaths have been reported from Bihar.
10. WB CM Mamata Banerjee described the Prime minister’ meeting with chief ministers on the Covid situation on Thursday as “a super flop” and said that they felt “humiliated” and “insulted” for not being allowed to speak.
11. *Questions remain over why ONGC personnel ignored Tauktae warning*: The Union government has ordered an inquiry into the incident at Oil and Natural Gas Corporation's (ONGC's) Western Offshore site, off the Mumbai shore that led to at least 26 confirmed deaths. Fifty-five persons went missing and scores of others were stranded.
12. *Union Health and Family Welfare Ministry has urged the States and Union Territories to make fungal infection Mucormycosis known as black fungus, a notifiable disease under the Epidemic Diseases Act 1897.* The Ministry has asked all the government and private health facilities, medical colleges to follow guidelines for screening, diagnosis, management of Mucormycosis issued by the Union Health Ministry and Indian Council of Medical Research.
13. Maharashtra Health Minister Rajesh Tope on Thursday told Prime Minister Narendra Modi that mucormycosis or black fungus, which has claimed 90 lives in the state so far, is a matter of prime concern for it at present, and the state government needs more supply of the medicine used in its treatment.
14. *Now Money kept in various online wallets like Amazon pay, Ola money, Mobikwik, Phone pe, Delhi Metro Card etc. can be withdrawn using an ATM or Point of Sale Terminal.* Reserve bank of India permitted cash withdrawal of Rs. 2,000 per transaction with maximum limit of Rs. 10,000 per month. All non-bank Payment prepaid instruments can provide this service. But, for such transaction using card or wallet PIN or other additional authentication will be mandatory.