*Ajanta Pharma Ltd.* | *CMP* Rs. 22394 | *M Cap* Rs. 193779 Cr | *52 W H/L* 22394/1422
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 748 Cr (-1.2% QoQ, 11.9% YoY) vs expectation of Rs. 757.5 Cr, QoQ Rs. 756.8 Cr, YoY Rs. 668.2 Cr
EBIDTA came at Rs. 220.2 Cr (-15.1% QoQ, -1.3% YoY) vs expectation of Rs. 249.1 Cr, QoQ Rs. 259.4 Cr, YoY Rs. 223.2 Cr
EBITDA Margin came at 29.4% vs expectation of 32.9%, QoQ 34.3%, YoY 33.4%
Adj. PAT came at Rs. 173.8 Cr vs expectation of Rs. 167 Cr, QoQ Rs. 159.3 Cr, YoY Rs. 147.8 Cr
Quarter EPS is Rs. 20.1
Share is trading at P/E of 267.1x FY22E EPS
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 748 Cr (-1.2% QoQ, 11.9% YoY) vs expectation of Rs. 757.5 Cr, QoQ Rs. 756.8 Cr, YoY Rs. 668.2 Cr
EBIDTA came at Rs. 220.2 Cr (-15.1% QoQ, -1.3% YoY) vs expectation of Rs. 249.1 Cr, QoQ Rs. 259.4 Cr, YoY Rs. 223.2 Cr
EBITDA Margin came at 29.4% vs expectation of 32.9%, QoQ 34.3%, YoY 33.4%
Adj. PAT came at Rs. 173.8 Cr vs expectation of Rs. 167 Cr, QoQ Rs. 159.3 Cr, YoY Rs. 147.8 Cr
Quarter EPS is Rs. 20.1
Share is trading at P/E of 267.1x FY22E EPS
*Dhanuka Agritech Ltd.* | *CMP* Rs. 1002 | *M Cap* Rs. 4667 Cr | *52 W H/L* 1054/658
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 363.8 Cr (32% QoQ, -2.7% YoY) vs expectation of Rs. 360.1 Cr, QoQ Rs. 275.6 Cr, YoY Rs. 373.8 Cr
EBIDTA came at Rs. 61.1 Cr (-5.4% QoQ, -6.4% YoY) vs expectation of Rs. 65.4 Cr, QoQ Rs. 64.6 Cr, YoY Rs. 65.3 Cr
EBITDA Margin came at 16.8% vs expectation of 18.2%, QoQ 23.5%, YoY 17.5%
Adj. PAT came at Rs. 48.6 Cr vs expectation of Rs. 51.7 Cr, QoQ Rs. 48.6 Cr, YoY Rs. 51.8 Cr
Quarter EPS is Rs. 10.4
Share is trading at P/E of 20.7x FY22E EPS
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 363.8 Cr (32% QoQ, -2.7% YoY) vs expectation of Rs. 360.1 Cr, QoQ Rs. 275.6 Cr, YoY Rs. 373.8 Cr
EBIDTA came at Rs. 61.1 Cr (-5.4% QoQ, -6.4% YoY) vs expectation of Rs. 65.4 Cr, QoQ Rs. 64.6 Cr, YoY Rs. 65.3 Cr
EBITDA Margin came at 16.8% vs expectation of 18.2%, QoQ 23.5%, YoY 17.5%
Adj. PAT came at Rs. 48.6 Cr vs expectation of Rs. 51.7 Cr, QoQ Rs. 48.6 Cr, YoY Rs. 51.8 Cr
Quarter EPS is Rs. 10.4
Share is trading at P/E of 20.7x FY22E EPS
Government to Allow 100% FDI Under Auto Route for State Oil Co. Sale
· Government will allow 100% foreign direct investment without any prior approval in case of a strategic sale of a state-run company in the oil and gas sector
· The govt reviewed the FDI policy on petroleum and natural gas sector and amended it, according to the document
· The change will take effect from the date on which a notification will be issued under India’s foreign exchange management act
· Government will allow 100% foreign direct investment without any prior approval in case of a strategic sale of a state-run company in the oil and gas sector
· The govt reviewed the FDI policy on petroleum and natural gas sector and amended it, according to the document
· The change will take effect from the date on which a notification will be issued under India’s foreign exchange management act
Bulk Deal as on 29-07-21
Apollo Tricoat
+ 2. Lk @ 1650 Fumistic Gaming LLP
Bhagiradha Chemical
- 88 K @ 680 Vivekanand Kantamaneni
Garware Hitech Film
+ 1.41 Lk @ 1405 Ashish Ramchandra Kacholia
India Bulls HSG
+ 33.91 Lk @ 278.44 Societe Generale
Karur Vysya Bank
+ 50 Lk @ 46.51 Yesha Developers LLP
- 50 Lk @ 46.51 Santon Developers LLP
Scan Steels
- 3 Lk @ 55.4 Altius Finserve Pvt Ltd
Tatva Chintan
+ 6.5 Lk @ 2171.74 Plutus Wealth Management LLP
Ujjivan Financial
- 10.25 Lk @ 240.01 Aberdeen Asian Smaller Companies
Veto Switchgear
+ 1.01 Lk @ 144.96 M/S Prarthana Enterprises
Vishal Fabrics
+ 4 Lk @ 117.9 Cresta Fund Ltd
Apollo Tricoat
+ 2. Lk @ 1650 Fumistic Gaming LLP
Bhagiradha Chemical
- 88 K @ 680 Vivekanand Kantamaneni
Garware Hitech Film
+ 1.41 Lk @ 1405 Ashish Ramchandra Kacholia
India Bulls HSG
+ 33.91 Lk @ 278.44 Societe Generale
Karur Vysya Bank
+ 50 Lk @ 46.51 Yesha Developers LLP
- 50 Lk @ 46.51 Santon Developers LLP
Scan Steels
- 3 Lk @ 55.4 Altius Finserve Pvt Ltd
Tatva Chintan
+ 6.5 Lk @ 2171.74 Plutus Wealth Management LLP
Ujjivan Financial
- 10.25 Lk @ 240.01 Aberdeen Asian Smaller Companies
Veto Switchgear
+ 1.01 Lk @ 144.96 M/S Prarthana Enterprises
Vishal Fabrics
+ 4 Lk @ 117.9 Cresta Fund Ltd
*Deepak Nitrite Ltd.* | *CMP* Rs. 1900 | *M Cap* Rs. 25915 Cr | *52 W H/L* 1998/523
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1526.2 Cr (4.3% QoQ, 126.3% YoY) vs expectation of Rs. 1403.9 Cr, QoQ Rs. 1463.2 Cr, YoY Rs. 674.5 Cr
EBIDTA came at Rs. 451.5 Cr (-0.7% QoQ, 148.6% YoY) vs expectation of Rs. 397.5 Cr, QoQ Rs. 454.7 Cr, YoY Rs. 181.6 Cr
EBITDA Margin came at 29.6% vs expectation of 28.3%, QoQ 31.1%, YoY 26.9%
Adj. PAT came at Rs. 302.6 Cr vs expectation of Rs. 259.4 Cr, QoQ Rs. 290.1 Cr, YoY Rs. 99 Cr
Quarter EPS is Rs. 22.2
Share is trading at P/E of 26.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1526.2 Cr (4.3% QoQ, 126.3% YoY) vs expectation of Rs. 1403.9 Cr, QoQ Rs. 1463.2 Cr, YoY Rs. 674.5 Cr
EBIDTA came at Rs. 451.5 Cr (-0.7% QoQ, 148.6% YoY) vs expectation of Rs. 397.5 Cr, QoQ Rs. 454.7 Cr, YoY Rs. 181.6 Cr
EBITDA Margin came at 29.6% vs expectation of 28.3%, QoQ 31.1%, YoY 26.9%
Adj. PAT came at Rs. 302.6 Cr vs expectation of Rs. 259.4 Cr, QoQ Rs. 290.1 Cr, YoY Rs. 99 Cr
Quarter EPS is Rs. 22.2
Share is trading at P/E of 26.8x FY22E EPS
*Ajanta Pharma Ltd.* | *CMP* Rs. 2394 | *M Cap* Rs. 20716 Cr | *52 W H/L* 2394/1422
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 748 Cr (-1.2% QoQ, 11.9% YoY) vs expectation of Rs. 757.5 Cr, QoQ Rs. 756.8 Cr, YoY Rs. 668.2 Cr
EBIDTA came at Rs. 220.2 Cr (-15.1% QoQ, -1.3% YoY) vs expectation of Rs. 249.1 Cr, QoQ Rs. 259.4 Cr, YoY Rs. 223.2 Cr
EBITDA Margin came at 29.4% vs expectation of 32.9%, QoQ 34.3%, YoY 33.4%
Adj. PAT came at Rs. 173.8 Cr vs expectation of Rs. 167 Cr, QoQ Rs. 159.3 Cr, YoY Rs. 147.8 Cr
Quarter EPS is Rs. 20.1
Share is trading at P/E of 28.6x FY22E EPS
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 748 Cr (-1.2% QoQ, 11.9% YoY) vs expectation of Rs. 757.5 Cr, QoQ Rs. 756.8 Cr, YoY Rs. 668.2 Cr
EBIDTA came at Rs. 220.2 Cr (-15.1% QoQ, -1.3% YoY) vs expectation of Rs. 249.1 Cr, QoQ Rs. 259.4 Cr, YoY Rs. 223.2 Cr
EBITDA Margin came at 29.4% vs expectation of 32.9%, QoQ 34.3%, YoY 33.4%
Adj. PAT came at Rs. 173.8 Cr vs expectation of Rs. 167 Cr, QoQ Rs. 159.3 Cr, YoY Rs. 147.8 Cr
Quarter EPS is Rs. 20.1
Share is trading at P/E of 28.6x FY22E EPS