*Nilkamal Ltd.* | *CMP* Rs. 2488 | *M Cap* Rs. 3713 Cr | *52 W H/L* 2488/966
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 679.9 Cr (8.5% QoQ, 21.1% YoY) vs QoQ Rs. 626.6 Cr, YoY Rs. 561.5 Cr
EBIDTA came at Rs. 78.9 Cr (-18.8% QoQ, 11.7% YoY) vs QoQ Rs. 97.2 Cr, YoY Rs. 70.6 Cr
EBITDA Margin came at 11.6% vs QoQ 15.5%, YoY 12.6%
Adj. PAT came at Rs. 38.2 Cr vs QoQ Rs. 54.3 Cr, YoY Rs. 31.8 Cr
Quarter EPS is Rs. 25.6
Share is trading at P/E of 20.5x FY22E EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 679.9 Cr (8.5% QoQ, 21.1% YoY) vs QoQ Rs. 626.6 Cr, YoY Rs. 561.5 Cr
EBIDTA came at Rs. 78.9 Cr (-18.8% QoQ, 11.7% YoY) vs QoQ Rs. 97.2 Cr, YoY Rs. 70.6 Cr
EBITDA Margin came at 11.6% vs QoQ 15.5%, YoY 12.6%
Adj. PAT came at Rs. 38.2 Cr vs QoQ Rs. 54.3 Cr, YoY Rs. 31.8 Cr
Quarter EPS is Rs. 25.6
Share is trading at P/E of 20.5x FY22E EPS
*APL Apollo Tubes Ltd.* | *CMP* Rs. 1347 | *M Cap* Rs. 16829 Cr | *52 W H/L* 1448/231
(Nirmal Bang Retail Research)
*Result marginally above expectation*
Revenue from Operations came at Rs. 2587 Cr (-0.5% QoQ, 37% YoY) vs expectation of Rs. 2601.4 Cr, QoQ Rs. 2600.9 Cr, YoY Rs. 1888.5 Cr
EBIDTA came at Rs. 206.5 Cr (-11.1% QoQ, 72.2% YoY) vs expectation of Rs. 194.3 Cr, QoQ Rs. 232.1 Cr, YoY Rs. 119.9 Cr
EBITDA Margin came at 8% vs expectation of 7.5%, QoQ 8.9%, YoY 6.3%
Adj. PAT came at Rs. 119.2 Cr vs expectation of Rs. 113.7 Cr, QoQ Rs. 132 Cr, YoY Rs. 56.8 Cr
Quarter EPS is Rs. 9.5
Share is trading at P/E of 34.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result marginally above expectation*
Revenue from Operations came at Rs. 2587 Cr (-0.5% QoQ, 37% YoY) vs expectation of Rs. 2601.4 Cr, QoQ Rs. 2600.9 Cr, YoY Rs. 1888.5 Cr
EBIDTA came at Rs. 206.5 Cr (-11.1% QoQ, 72.2% YoY) vs expectation of Rs. 194.3 Cr, QoQ Rs. 232.1 Cr, YoY Rs. 119.9 Cr
EBITDA Margin came at 8% vs expectation of 7.5%, QoQ 8.9%, YoY 6.3%
Adj. PAT came at Rs. 119.2 Cr vs expectation of Rs. 113.7 Cr, QoQ Rs. 132 Cr, YoY Rs. 56.8 Cr
Quarter EPS is Rs. 9.5
Share is trading at P/E of 34.9x FY22E EPS
INDIA GOVT IS SAID TO SEEK LIC IPO BANK PROPOSALS IN JUNE || GOVT IS SAID TO TARGET LIC LISTING AS SOON AS MARCH 2022
THE GOVERNMENT IS LOOKING AT NOTIFYING THE PRODUCTION-LINKED INCENTIVE (PLI) SCHEME, THAT WAS ANNOUNCED TO BOOST DOMESTIC MANUFACTURING, FOR SECTORS LIKE AUTO COMPONENTS, STEEL, AND TEXTILES - PTI
THE GOVERNMENT LAST YEAR APPROVED THE PLI SCHEME FOR 13 SECTORS WITH A TOTAL OUTLAY OF NEARLY RS 2 LAKH CRORE OVER A FIVE-YEAR PERIOD - PTI
THE GOVERNMENT LAST YEAR APPROVED THE PLI SCHEME FOR 13 SECTORS WITH A TOTAL OUTLAY OF NEARLY RS 2 LAKH CRORE OVER A FIVE-YEAR PERIOD - PTI