PSP Projects Ltd. | CMP Rs. 441 | M Cap Rs. 1588 Cr | 52 W H/L 531/337
(Nirmal Bang Retail Research)
Result in line with expectation
Revenue from Operations came at Rs. 500.7 Cr (28.3% QoQ, 9.7% YoY) vs expectation of Rs. 515.1 Cr, QoQ Rs. 390.2 Cr, YoY Rs. 456.4 Cr
EBIDTA came at Rs. 62.1 Cr (32.2% QoQ, 22.8% YoY) vs expectation of Rs. 64.4 Cr, QoQ Rs. 46.9 Cr, YoY Rs. 50.5 Cr
EBITDA Margin came at 12.4% vs expectation of 12.5%, QoQ 12%, YoY 11.1%
Adj. PAT came at Rs. 40.7 Cr vs expectation of Rs. 40.3 Cr, QoQ Rs. 30.7 Cr, YoY Rs. 34.3 Cr
Quarter EPS is Rs. 11.3
Share is trading at P/E of 10.5x FY22E EPS

Ruchira Papers Ltd. | CMP Rs. 86 | M Cap Rs. 209 Cr | 52 W H/L 89/43
(Nirmal Bang Retail Research)
Result Improved
Revenue from Operations came at Rs. 141 Cr (20.5% QoQ, 31.2% YoY) vs QoQ Rs. 117 Cr, YoY Rs. 107.5 Cr
EBIDTA came at Rs. 16.8 Cr (216.1% QoQ, 212.6% YoY) vs QoQ Rs. 5.3 Cr, YoY Rs. 5.4 Cr
EBITDA Margin came at 11.9% vs QoQ 4.5%, YoY 5%
Adj. PAT came at Rs. 9.9 Cr vs QoQ Rs. 0.4 Cr, YoY Rs. 0.6 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 41.5x TTM EPS

Gujarat Fluorochemicals Ltd. | CMP Rs. 1145 | M Cap Rs. 12578 Cr | 52 W H/L 1199/335
(Nirmal Bang Retail Research)
Result has improved
Revenue from Operations came at Rs. 840.3 Cr (32.5% QoQ, 32.8% YoY) vs QoQ Rs. 634.2 Cr, YoY Rs. 632.7 Cr
EBIDTA came at Rs. 196.1 Cr (38.3% QoQ, 716.6% YoY) vs QoQ Rs. 141.8 Cr, YoY Rs. 24 Cr
EBITDA Margin came at 23.3% vs QoQ 22.4%, YoY 3.8%
Adj. PAT came at Rs. 110.3 Cr vs QoQ Rs. -480.4 Cr, YoY Rs. 28.5 Cr (Last quarter loss was on account of Tax w/back)
Quarter EPS is Rs. 10
Share is trading at P/E of 26.6x FY22E EPS

Kokuyo Camlin Ltd. | CMP Rs. 69 | M Cap Rs. 688 Cr | 52 W H/L 75/50
(Nirmal Bang Retail Research)
Result has improved
Revenue from Operations came at Rs. 132.1 Cr (31% QoQ, -8.5% YoY) vs QoQ Rs. 100.8 Cr, YoY Rs. 144.4 Cr
EBIDTA came at Rs. 11.1 Cr (43.1% QoQ, 72.4% YoY) vs QoQ Rs. 7.7 Cr, YoY Rs. 6.4 Cr
EBITDA Margin came at 8.4% vs QoQ 7.7%, YoY 4.4%
Adj. PAT came at Rs. 5 Cr vs QoQ Rs. 1.3 Cr, YoY Rs. -0.3 Cr
Quarter EPS is Rs. 0.5
Share is trading at P/E of -47x TTM EPS

*Insecticides (India) Ltd.* | *CMP* Rs. 750 | *M Cap* Rs. 1486 Cr | *52 W H/L* 750.45/392
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 255.6 Cr (-14.6% QoQ, 7.1% YoY) vs QoQ Rs. 299.2 Cr, YoY Rs. 238.7 Cr
EBIDTA came at Rs. 28.7 Cr (90.4% QoQ, -1257% YoY) vs QoQ Rs. 15.1 Cr, YoY Rs. -2.5 Cr
EBITDA Margin came at 11.2% vs QoQ 5%, YoY -1%
Adj. PAT came at Rs. 18.8 Cr vs QoQ Rs. 6.1 Cr, YoY Rs. -7.1 Cr
Quarter EPS is Rs. 9.5
Share is trading at P/E of 15.5x FY22E EPS

*Timken India Ltd.* | *CMP* Rs. 1384 | *M Cap* Rs. 10410 Cr | *52 W H/L* 1450/856
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 475.4 Cr (23.9% QoQ, 17.2% YoY) vs expectation of Rs. 433.9 Cr, QoQ Rs. 383.6 Cr, YoY Rs. 405.5 Cr
EBIDTA came at Rs. 86.9 Cr (29.5% QoQ, -7.4% YoY) vs expectation of Rs. 83.7 Cr, QoQ Rs. 67.1 Cr, YoY Rs. 93.8 Cr
EBITDA Margin came at 18.3% vs expectation of 19.3%, QoQ 17.5%, YoY 23.1%
Adj. PAT came at Rs. 52.9 Cr vs expectation of Rs. 58.7 Cr, QoQ Rs. 37.2 Cr, YoY Rs. 61.3 Cr
Quarter EPS is Rs. 7
Share is trading at P/E of 41.6x FY22E EPS

*NTPC LTD.* | *CMP* Rs. 114 | *M Cap* Rs. 110106 Cr | *52 W H/L* 121/78
(Nirmal Bang Retail Research)
*Result below expectation*
Revenue from Operations came at Rs. 26566.9 Cr (8.4% QoQ, -2.5% YoY) vs expectation of Rs. 27830.8 Cr, QoQ Rs. 24509.3 Cr, YoY Rs. 27246.9 Cr
EBIDTA came at Rs. 6507.8 Cr (-11.7% QoQ, -11.1% YoY) vs expectation of Rs. 8337.9 Cr, QoQ Rs. 7367.1 Cr, YoY Rs. 7317.8 Cr
EBITDA Margin came at 24.5% vs expectation of 30%, QoQ 30.1%, YoY 26.9%
Adj. PAT came at Rs. 4771.6 Cr vs expectation of Rs. 3347.8 Cr, QoQ Rs. 2393 Cr, YoY Rs. -599.9 Cr
Quarter EPS is Rs. 4.9
Share is trading at P/E of 7.2x FY22E EPS

*Oriental Carbon & Chemicals Ltd.* | *CMP* Rs. 1088 | *M Cap* Rs. 1087 Cr | *52 W H/L* 1161/645
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 118.5 Cr (1.4% QoQ, 23.8% YoY) vs QoQ Rs. 116.9 Cr, YoY Rs. 95.7 Cr
EBIDTA came at Rs. 38.1 Cr (-6.7% QoQ, 40.1% YoY) vs QoQ Rs. 40.8 Cr, YoY Rs. 27.2 Cr
EBITDA Margin came at 32.2% vs QoQ 34.9%, YoY 28.4%
Adj. PAT came at Rs. 27.8 Cr vs QoQ Rs. 29 Cr, YoY Rs. 18.4 Cr
Quarter EPS is Rs. 27.8
Share is trading at P/E of 13.8x TTM EPS

The Reserve Bank of India (RBI) has issued an In-principle approval to Centrum Financial Services Limited (Centrum) to establish a Small Finance Bank (SFB). Resilient Innovations Private Limited (BharatPe), one of India's fastest growing fintech companies, will be an equal partner. Punjab & Maharashtra Co-Operative Bank Limited will be amalgamated with the SFB.

*GMR INFRASTRUCTURE LTD.* | *CMP* Rs. 28 | *M Cap* Rs. 16991 Cr | *52 W H/L* 30/19
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 1633.8 Cr (10.3% QoQ, -30.4% YoY) vs QoQ Rs. 1481 Cr, YoY Rs. 2348.8 Cr
EBIDTA came at Rs. 843.8 Cr (328.4% QoQ, 28.9% YoY) vs QoQ Rs. 197 Cr, YoY Rs. 654.5 Cr
EBITDA Margin came at 51.6% vs QoQ 13.3%, YoY 27.9%
Adj. PAT came at Rs. -294 Cr vs QoQ Rs. -825.4 Cr, YoY Rs. -445.9 Cr
Quarter EPS is Rs. -0.5
Share is trading at P/E of -6.8x TTM EPS

*ASHOKA BUILDCON LTD.* | *CMP* Rs. 99 | *M Cap* Rs. 2786 Cr | *52 W H/L* 119/49
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1387 Cr (41.4% QoQ, 10.5% YoY) vs expectation of Rs. 1395.8 Cr, QoQ Rs. 980.7 Cr, YoY Rs. 1254.8 Cr
EBIDTA came at Rs. 201.2 Cr (90.7% QoQ, -12.1% YoY) vs expectation of Rs. 162.5 Cr, QoQ Rs. 105.5 Cr, YoY Rs. 228.9 Cr
EBITDA Margin came at 14.5% vs expectation of 11.6%, QoQ 10.8%, YoY 18.2%
Adj. PAT came at Rs. 149.2 Cr vs expectation of Rs. 104.9 Cr, QoQ Rs. 85.6 Cr, YoY Rs. 164.2 Cr
Quarter EPS is Rs. 5.3
Share is trading at P/E of 7.5x FY22E EPS

*HT Media Ltd.* | *CMP* Rs. 27 | *M Cap* Rs. 628 Cr | *52 W H/L* 31/10
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 349.1 Cr (2.4% QoQ, -24.9% YoY) vs QoQ Rs. 340.7 Cr, YoY Rs. 464.8 Cr
EBIDTA came at Rs. 67.1 Cr (25% QoQ, -37.8% YoY) vs QoQ Rs. 53.7 Cr, YoY Rs. 108 Cr
EBITDA Margin came at 19.2% vs QoQ 15.8%, YoY 23.2%
Adj. PAT came at Rs. 19.1 Cr vs QoQ Rs. 3.3 Cr, YoY Rs. 74.1 Cr
Quarter EPS is Rs. 0.8

Bulk Deal as on 18-06-21

Bajaj Hindustan Sugar
- 72.59 Lk @ 16.39 Ramlal Kanwarlal Jain

Cams Ltd
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Capacite Infra
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- 10 Lk @ 202 Rahul Ramnath Katyal
- 13.04 Lk @ 202 Rohit Ramnath Katyal
+ 34.93 Lk @ 202 Think India Opportunities
Master Fund

Jayshree Tea
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Knr Construction
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- 20 Lk @ 223 Mereddy Rajesh Reddy
+ 47.63 Lk @ 223 Sbi Mutual Fund

Riil
- 1 Lk @ 739.49 Swapnil Mehta

Ruchira Papers
- 1.60 Lk @ 87.3 Paulastya Sachdev

SBI Cards
- 4.80 Crore @ 1002.38 Ca Rover Holdings
+ 54.09 Lk @ 1002 Morgan Stanley Asia