*Repco Home Finance Ltd. -S* | *CMP* Rs. 368 | *M Cap* Rs. 2302 Cr | *52 W H/L* 378/90
(Nirmal Bang Retail Research)
*Result is marginally below expectations* - Asset quality is on expected lines although loan/disbursement growth is much lower than peers indicating loss of market share
NII came at Rs. 147.7 Cr vs expectation of Rs. 148.2 Cr, YoY Rs. 131.7 Cr, QoQ Rs. 152.3 Cr
PBP came at Rs. 118.8 Cr vs expectation of Rs. 125.3 Cr, YoY Rs. 104.1 Cr, QoQ Rs. 130.1 Cr
Provision came at Rs. 29.2 Cr vs expectation of Rs. 14.5 Cr, YoY Rs. 40.3 Cr, QoQ Rs. 22.2 Cr
PAT came at Rs. 63.2 Cr vs expectation of Rs. 77.4 Cr, YoY Rs. 42.5 Cr, QoQ Rs. 81.5 Cr
Loan Book came at Rs. 12121 Cr vs YoY Rs. 11826 Cr, QoQ Rs. 12059 Cr
Loan Sanctioned came at Rs. 645.9 Cr vs YoY Rs. 632.1 Cr, QoQ Rs. 650 Cr
Disbursement came at Rs. 640.4 Cr vs YoY Rs. 602 Cr, QoQ Rs. 551.7 Cr
Gross NPA came at Rs. 446.1 Cr vs QoQ Rs. 518.5 Cr at 3.7% vs QoQ 4.3%
Net NPA came at 2.2% vs QoQ 1.9%, YoY 2.8%
Quarter EPS is Rs. 10.1
Share is trading at P/E of 7.2x FY22E EPS & 1.1x trailing P/BV
(Nirmal Bang Retail Research)
*Result is marginally below expectations* - Asset quality is on expected lines although loan/disbursement growth is much lower than peers indicating loss of market share
NII came at Rs. 147.7 Cr vs expectation of Rs. 148.2 Cr, YoY Rs. 131.7 Cr, QoQ Rs. 152.3 Cr
PBP came at Rs. 118.8 Cr vs expectation of Rs. 125.3 Cr, YoY Rs. 104.1 Cr, QoQ Rs. 130.1 Cr
Provision came at Rs. 29.2 Cr vs expectation of Rs. 14.5 Cr, YoY Rs. 40.3 Cr, QoQ Rs. 22.2 Cr
PAT came at Rs. 63.2 Cr vs expectation of Rs. 77.4 Cr, YoY Rs. 42.5 Cr, QoQ Rs. 81.5 Cr
Loan Book came at Rs. 12121 Cr vs YoY Rs. 11826 Cr, QoQ Rs. 12059 Cr
Loan Sanctioned came at Rs. 645.9 Cr vs YoY Rs. 632.1 Cr, QoQ Rs. 650 Cr
Disbursement came at Rs. 640.4 Cr vs YoY Rs. 602 Cr, QoQ Rs. 551.7 Cr
Gross NPA came at Rs. 446.1 Cr vs QoQ Rs. 518.5 Cr at 3.7% vs QoQ 4.3%
Net NPA came at 2.2% vs QoQ 1.9%, YoY 2.8%
Quarter EPS is Rs. 10.1
Share is trading at P/E of 7.2x FY22E EPS & 1.1x trailing P/BV
*HINDUSTAN COPPER LTD.* | *CMP* Rs. 154 | *M Cap* Rs. 14907 Cr | *52 W H/L* 197/28
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 522.2 Cr (-3% QoQ, 255.6% YoY) vs QoQ Rs. 538.4 Cr, YoY Rs. 146.8 Cr
EBIDTA came at Rs. 255.6 Cr (17.8% QoQ, -161.9% YoY) vs QoQ Rs. 216.9 Cr, YoY Rs. -412.8 Cr (EBITDA after adjusting for one off w/off )
EBITDA Margin came at 48.9% vs QoQ 40.3%, YoY -281.1%
Adj. PAT came at Rs. 188.4 Cr vs QoQ Rs. 108.2 Cr, YoY Rs. -514.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 44.5x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 522.2 Cr (-3% QoQ, 255.6% YoY) vs QoQ Rs. 538.4 Cr, YoY Rs. 146.8 Cr
EBIDTA came at Rs. 255.6 Cr (17.8% QoQ, -161.9% YoY) vs QoQ Rs. 216.9 Cr, YoY Rs. -412.8 Cr (EBITDA after adjusting for one off w/off )
EBITDA Margin came at 48.9% vs QoQ 40.3%, YoY -281.1%
Adj. PAT came at Rs. 188.4 Cr vs QoQ Rs. 108.2 Cr, YoY Rs. -514.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 44.5x TTM EPS
*NCL Industries Ltd.* | *CMP* Rs. 234 | *M Cap* Rs. 1058 Cr | *52 W H/L* 234/67
(Nirmal Bang Retail Research)
*Result Declined*
Revenue from Operations came at Rs. 405.2 Cr (9.7% QoQ, 64.1% YoY) vs QoQ Rs. 369.5 Cr, YoY Rs. 246.9 Cr
EBIDTA came at Rs. 65.1 Cr (-9.2% QoQ, 189.9% YoY) vs QoQ Rs. 71.7 Cr, YoY Rs. 22.5 Cr
EBITDA Margin came at 16.1% vs QoQ 19.4%, YoY 9.1%
Adj. PAT came at Rs. 29 Cr vs QoQ Rs. 41.6 Cr, YoY Rs. 7.7 Cr
Quarter EPS is Rs. 6.4
Share is trading at P/E of 7.3x TTM EPS
(Nirmal Bang Retail Research)
*Result Declined*
Revenue from Operations came at Rs. 405.2 Cr (9.7% QoQ, 64.1% YoY) vs QoQ Rs. 369.5 Cr, YoY Rs. 246.9 Cr
EBIDTA came at Rs. 65.1 Cr (-9.2% QoQ, 189.9% YoY) vs QoQ Rs. 71.7 Cr, YoY Rs. 22.5 Cr
EBITDA Margin came at 16.1% vs QoQ 19.4%, YoY 9.1%
Adj. PAT came at Rs. 29 Cr vs QoQ Rs. 41.6 Cr, YoY Rs. 7.7 Cr
Quarter EPS is Rs. 6.4
Share is trading at P/E of 7.3x TTM EPS