*IFB Industries Ltd.* | *CMP* Rs. 1161 | *M Cap* Rs. 4704 Cr | *52 W H/L* 1503/360
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 825.2 Cr (-13.2% QoQ, 62.8% YoY) vs QoQ Rs. 951 Cr, YoY Rs. 506.9 Cr
EBIDTA came at Rs. 54.1 Cr (-49.6% QoQ, 6662.5% YoY) vs QoQ Rs. 107.2 Cr, YoY Rs. 0.8 Cr
EBITDA Margin came at 6.6% vs QoQ 11.3%, YoY 0.2%
Adj. PAT came at Rs. 7.7 Cr vs QoQ Rs. 68.7 Cr, YoY Rs. -19.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 30.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 825.2 Cr (-13.2% QoQ, 62.8% YoY) vs QoQ Rs. 951 Cr, YoY Rs. 506.9 Cr
EBIDTA came at Rs. 54.1 Cr (-49.6% QoQ, 6662.5% YoY) vs QoQ Rs. 107.2 Cr, YoY Rs. 0.8 Cr
EBITDA Margin came at 6.6% vs QoQ 11.3%, YoY 0.2%
Adj. PAT came at Rs. 7.7 Cr vs QoQ Rs. 68.7 Cr, YoY Rs. -19.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 30.9x FY22E EPS
JSW Ispat Special Products: Promoter AION Investments Private II Ltd to sell up to 9.94 crore shares, representing 21.18% of the total equity share capital through an offer for sale. The floor price of Rs 27 per share is at a discount of 52.92% to Monday’s closing price.Negative
*JB Chemicals & Pharmaceuticals Ltd.* | *CMP* Rs. 1546 | *M Cap* Rs. 11948 Cr | *52 W H/L* 1616/657
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 490.3 Cr (-10.6% QoQ, 10.5% YoY) vs expectation of Rs. 503.3 Cr, QoQ Rs. 548.2 Cr, YoY Rs. 443.6 Cr
EBIDTA came at Rs. 125.9 Cr (-26.4% QoQ, 37.2% YoY) vs expectation of Rs. 126.2 Cr, QoQ Rs. 171 Cr, YoY Rs. 91.7 Cr
EBITDA Margin came at 25.7% vs expectation of 25.1%, QoQ 31.2%, YoY 20.7%
Adj. PAT came at Rs. 102.5 Cr vs expectation of Rs. 85.7 Cr, QoQ Rs. 154.1 Cr, YoY Rs. 60.1 Cr
Quarter EPS is Rs. 13.3
Share is trading at P/E of 28.3x FY22E EPS
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 490.3 Cr (-10.6% QoQ, 10.5% YoY) vs expectation of Rs. 503.3 Cr, QoQ Rs. 548.2 Cr, YoY Rs. 443.6 Cr
EBIDTA came at Rs. 125.9 Cr (-26.4% QoQ, 37.2% YoY) vs expectation of Rs. 126.2 Cr, QoQ Rs. 171 Cr, YoY Rs. 91.7 Cr
EBITDA Margin came at 25.7% vs expectation of 25.1%, QoQ 31.2%, YoY 20.7%
Adj. PAT came at Rs. 102.5 Cr vs expectation of Rs. 85.7 Cr, QoQ Rs. 154.1 Cr, YoY Rs. 60.1 Cr
Quarter EPS is Rs. 13.3
Share is trading at P/E of 28.3x FY22E EPS
Brokrage Reports
Brokrage Reports on Coal India
CITI Buy, TP raised to Rs 160
Jp Morgan maintain OW with Tgt price of 200
CITI on Adani Ports
BUY, TP Rs 1000
Jp Morgan on Tata Steel maintain OW with Tgt price of 1610
Jp Morgan on lupin maintain UW with Tgt price of 965
Elara on Jk cement maintain buy with Tgt price of 2813
Icici sec on hdfc bank maintain buy with Tgt price of 1818
Icici sec hdfc maintain buy with Tgt price of 3307
Nomura on affle india Downgrade to Neutral with Tgt price of 5000
Mac on GCPL maintain OW with Tgt price of 1040
Brokrage Reports on Coal India
CITI Buy, TP raised to Rs 160
Jp Morgan maintain OW with Tgt price of 200
CITI on Adani Ports
BUY, TP Rs 1000
Jp Morgan on Tata Steel maintain OW with Tgt price of 1610
Jp Morgan on lupin maintain UW with Tgt price of 965
Elara on Jk cement maintain buy with Tgt price of 2813
Icici sec on hdfc bank maintain buy with Tgt price of 1818
Icici sec hdfc maintain buy with Tgt price of 3307
Nomura on affle india Downgrade to Neutral with Tgt price of 5000
Mac on GCPL maintain OW with Tgt price of 1040