*Ramkrishna Forgings Ltd.* | *CMP* Rs. 816 | *M Cap* Rs. 2609 Cr | *52 W H/L* 816/141
(Nirmal Bang Retail Research)
*Result improved* Margin improved QoQ
Revenue from Operations came at Rs. 417.1 Cr (-19.9% QoQ, 267.1% YoY) vs QoQ Rs. 520.4 Cr, YoY Rs. 113.6 Cr
EBIDTA came at Rs. 95.8 Cr (-9.8% QoQ, -2109.4% YoY) vs QoQ Rs. 106.1 Cr, YoY Rs. -4.8 Cr
EBITDA Margin came at 23% vs QoQ 20.4%, YoY -4.2%
Adj. PAT came at Rs. 24.7 Cr vs QoQ Rs. 33.9 Cr, YoY Rs. -29.5 Cr
Quarter EPS is Rs. 7.7
Share is trading at P/E of 23.2x FY22E EPS
(Nirmal Bang Retail Research)
*Result improved* Margin improved QoQ
Revenue from Operations came at Rs. 417.1 Cr (-19.9% QoQ, 267.1% YoY) vs QoQ Rs. 520.4 Cr, YoY Rs. 113.6 Cr
EBIDTA came at Rs. 95.8 Cr (-9.8% QoQ, -2109.4% YoY) vs QoQ Rs. 106.1 Cr, YoY Rs. -4.8 Cr
EBITDA Margin came at 23% vs QoQ 20.4%, YoY -4.2%
Adj. PAT came at Rs. 24.7 Cr vs QoQ Rs. 33.9 Cr, YoY Rs. -29.5 Cr
Quarter EPS is Rs. 7.7
Share is trading at P/E of 23.2x FY22E EPS
Live webinar on "Rupee Outlook" by Mr. Harihar Krishnamoorthy, Treasurer and Head for Global Markets, FirstRand Bank with Ms. Hiral Dadia, Anchor and Editor.
Click here to join: https://youtu.be/zJo5yfn-wW0
Click here to join: https://youtu.be/zJo5yfn-wW0
YouTube
Mr. Harihar Krishnamoorthy, Treasurer and Head for Global Markets, FirstRand Bank in conversation wi
Rupee Outlook
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Jul 27, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_4Mo17ojDQUyqIxHFOG9RJQ
After registering, you will receive a confirmation email containing information about joining the webinar.
Nirmal Bang is inviting you to a Zoom webinar.
When: Jul 27, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_4Mo17ojDQUyqIxHFOG9RJQ
After registering, you will receive a confirmation email containing information about joining the webinar.
Zoom Video Communications
Welcome! You are invited to join a webinar: Morning Market Update. After registering, you will receive a confirmation email about…
IDBI BANK: GOVT, RBI IN TALKS TO GIVE REGULATORY RELAXATION FOR POTENTIAL BUYER OF BANK - ET NOW
SRIKALAHASTHI PIPES LTD - WORK TO COMPLETE COMMISSIONING OF NEW BLAST FURNACE TO INCREASE CAPACITY FROM 3,00,000 TPA TO 4,00,000 TPA
IPOs in August
1. Exxaro Tiles
Dates : First Week August
Issue Size : Approx 160 Crores
2. Nuvoco Vistas (Nirma Group’s cement arm)
Dates: 2nd Week August
Issue Size : Approx 5000 Crores
1. Exxaro Tiles
Dates : First Week August
Issue Size : Approx 160 Crores
2. Nuvoco Vistas (Nirma Group’s cement arm)
Dates: 2nd Week August
Issue Size : Approx 5000 Crores
Kotak Bank Q1 First Cut – Stable Asset Quality …Results inline
· Q1 Net profit Rs1642cr (up 32% YoY) – Expectation Rs1563cr
· Provision Rs935cr (down 3% YoY) - expectation Rs959cr
· GNPA 3.56% vs 3.25% (QoQ) – Expectation 3.4%
· NPA 1.28% vs 1.21% (QoQ)- expectation 1.2%
· NII Rs3942cr (up 5.9% YoY)- expectation Rs4012cr
· Q1 Net profit Rs1642cr (up 32% YoY) – Expectation Rs1563cr
· Provision Rs935cr (down 3% YoY) - expectation Rs959cr
· GNPA 3.56% vs 3.25% (QoQ) – Expectation 3.4%
· NPA 1.28% vs 1.21% (QoQ)- expectation 1.2%
· NII Rs3942cr (up 5.9% YoY)- expectation Rs4012cr