*CreditAccess Grameen Ltd. - C* | *CMP* Rs. 605 | *M Cap* Rs. 9414 Cr | *52 W H/L* 840/498
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
NII came at Rs. 338 Cr vs expectation of Rs. 346.6 Cr, YoY Rs. 356.5 Cr, QoQ Rs. 374.7 Cr
PBP came at Rs. 216.4 Cr vs expectation of Rs. 265.7 Cr, YoY Rs. 255.6 Cr, QoQ Rs. 329 Cr
Provision came at Rs. 187.9 Cr vs expectation of Rs. 170 Cr, YoY Rs. 155.1 Cr, QoQ Rs. 250.4 Cr
PAT came at Rs. 20.3 Cr vs expectation of Rs. 49.7 Cr, YoY Rs. 74.6 Cr, QoQ Rs. 56.3 Cr
AUM came at Rs. 12664 Cr vs YoY Rs. 11724 Cr, QoQ Rs. 13878 Cr
Disbursement came at Rs. 1065 Cr vs YoY Rs. 46.4 Cr, QoQ Rs. 4996 Cr
Gross NPA came at Rs. 957.4 Cr vs QoQ Rs. 550.5 Cr at 7.56% vs QoQ 3.97%; against which co has done provisioning of 6.3%
0+ DPD increased from 5.2% in March to 30.6% in June and declined to 21.9% in July
CAGL: July Billing Efficiency improved to 91% compared to 81% in June
MMFL: July Billing Efficiency improved to 83% compared to 66% in June
Quarter EPS is Rs. 1.3
Share is trading at P/E of 11x FY23E EPS & 2.6x trailing P/BV
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
NII came at Rs. 338 Cr vs expectation of Rs. 346.6 Cr, YoY Rs. 356.5 Cr, QoQ Rs. 374.7 Cr
PBP came at Rs. 216.4 Cr vs expectation of Rs. 265.7 Cr, YoY Rs. 255.6 Cr, QoQ Rs. 329 Cr
Provision came at Rs. 187.9 Cr vs expectation of Rs. 170 Cr, YoY Rs. 155.1 Cr, QoQ Rs. 250.4 Cr
PAT came at Rs. 20.3 Cr vs expectation of Rs. 49.7 Cr, YoY Rs. 74.6 Cr, QoQ Rs. 56.3 Cr
AUM came at Rs. 12664 Cr vs YoY Rs. 11724 Cr, QoQ Rs. 13878 Cr
Disbursement came at Rs. 1065 Cr vs YoY Rs. 46.4 Cr, QoQ Rs. 4996 Cr
Gross NPA came at Rs. 957.4 Cr vs QoQ Rs. 550.5 Cr at 7.56% vs QoQ 3.97%; against which co has done provisioning of 6.3%
0+ DPD increased from 5.2% in March to 30.6% in June and declined to 21.9% in July
CAGL: July Billing Efficiency improved to 91% compared to 81% in June
MMFL: July Billing Efficiency improved to 83% compared to 66% in June
Quarter EPS is Rs. 1.3
Share is trading at P/E of 11x FY23E EPS & 2.6x trailing P/BV
*HEG Ltd. – S* | *CMP* Rs. 2225 | *M Cap* Rs. 8588 Cr | *52 W H/L* 2580/659
(Nirmal Bang Retail Research)
*Result Improved*
Revenue from Operations came at Rs. 413.7 Cr (8.7% QoQ, 77.3% YoY) vs QoQ Rs. 380.5 Cr, YoY Rs. 233.3 Cr
EBIDTA came at Rs. 72.4 Cr (-1643.9% QoQ, -740.2% YoY) vs QoQ Rs. -4.7 Cr, YoY Rs. -11.3 Cr
EBITDA Margin came at 17.5% vs QoQ -1.2%, YoY -4.8%
Adj. PAT came at Rs. 55.8 Cr vs QoQ Rs. -6.8 Cr, YoY Rs. 10.8 Cr
Quarter EPS is Rs. 14.5
Share is trading at P/E of 12.3x FY22E EPS
Share is trading at EV/EBITDA of 4.92x FY23E EBITDA
(Nirmal Bang Retail Research)
*Result Improved*
Revenue from Operations came at Rs. 413.7 Cr (8.7% QoQ, 77.3% YoY) vs QoQ Rs. 380.5 Cr, YoY Rs. 233.3 Cr
EBIDTA came at Rs. 72.4 Cr (-1643.9% QoQ, -740.2% YoY) vs QoQ Rs. -4.7 Cr, YoY Rs. -11.3 Cr
EBITDA Margin came at 17.5% vs QoQ -1.2%, YoY -4.8%
Adj. PAT came at Rs. 55.8 Cr vs QoQ Rs. -6.8 Cr, YoY Rs. 10.8 Cr
Quarter EPS is Rs. 14.5
Share is trading at P/E of 12.3x FY22E EPS
Share is trading at EV/EBITDA of 4.92x FY23E EBITDA
*Gujarat State Fertilizers & Chemicals Ltd.* | *CMP* Rs. 112 | *M Cap* Rs. 4455 Cr | *52 W H/L* 125/54
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 1850.9 Cr (6.3% QoQ, 13.1% YoY) vs QoQ Rs. 1740.4 Cr, YoY Rs. 1636.6 Cr
EBIDTA came at Rs. 200.9 Cr (38.5% QoQ, 122.7% YoY) vs QoQ Rs. 145.1 Cr, YoY Rs. 90.2 Cr
EBITDA Margin came at 10.9% vs QoQ 8.3%, YoY 5.5%
Adj. PAT came at Rs. 136.1 Cr vs QoQ Rs. 149.8 Cr, YoY Rs. 30.3 Cr
Quarter EPS is Rs. 3.4
Share is trading at P/E of 8.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 1850.9 Cr (6.3% QoQ, 13.1% YoY) vs QoQ Rs. 1740.4 Cr, YoY Rs. 1636.6 Cr
EBIDTA came at Rs. 200.9 Cr (38.5% QoQ, 122.7% YoY) vs QoQ Rs. 145.1 Cr, YoY Rs. 90.2 Cr
EBITDA Margin came at 10.9% vs QoQ 8.3%, YoY 5.5%
Adj. PAT came at Rs. 136.1 Cr vs QoQ Rs. 149.8 Cr, YoY Rs. 30.3 Cr
Quarter EPS is Rs. 3.4
Share is trading at P/E of 8.8x FY22E EPS
Correction *Punjab Chemicals & Crop Protection Ltd.* | *CMP* Rs. 1241 | *M Cap* Rs. 1522 Cr | *52 W H/L* 1490/420
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 211 Cr (0.7% QoQ, 59.6% YoY) vs QoQ Rs. 209.5 Cr, YoY Rs. 132.2 Cr
EBIDTA came at Rs. 36.9 Cr (58.5% QoQ, 66.7% YoY) vs QoQ Rs. 23.3 Cr, YoY Rs. 22.1 Cr
EBITDA Margin came at 17.5% vs QoQ 11.1%, YoY 16.7%
Adj. PAT came at Rs. 24.3 Cr vs QoQ Rs. 10.5 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 19.8
Share is trading at P/E of 24.5x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 211 Cr (0.7% QoQ, 59.6% YoY) vs QoQ Rs. 209.5 Cr, YoY Rs. 132.2 Cr
EBIDTA came at Rs. 36.9 Cr (58.5% QoQ, 66.7% YoY) vs QoQ Rs. 23.3 Cr, YoY Rs. 22.1 Cr
EBITDA Margin came at 17.5% vs QoQ 11.1%, YoY 16.7%
Adj. PAT came at Rs. 24.3 Cr vs QoQ Rs. 10.5 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 19.8
Share is trading at P/E of 24.5x TTM EPS
*Punjab Chemicals & Crop Protection Ltd.* | *CMP* Rs. 1241 | *M Cap* Rs. 1522 Cr | *52 W H/L* 1490/420
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 208.4 Cr (-0.5% QoQ, 57.7% YoY) vs QoQ Rs. 209.5 Cr, YoY Rs. 132.2 Cr
EBIDTA came at Rs. 34.5 Cr (48.3% QoQ, 56% YoY) vs QoQ Rs. 23.3 Cr, YoY Rs. 22.1 Cr
EBITDA Margin came at 16.6% vs QoQ 11.1%, YoY 16.7%
Adj. PAT came at Rs. 21.9 Cr vs QoQ Rs. 10.5 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 17.9
Share is trading at P/E of 25.5x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 208.4 Cr (-0.5% QoQ, 57.7% YoY) vs QoQ Rs. 209.5 Cr, YoY Rs. 132.2 Cr
EBIDTA came at Rs. 34.5 Cr (48.3% QoQ, 56% YoY) vs QoQ Rs. 23.3 Cr, YoY Rs. 22.1 Cr
EBITDA Margin came at 16.6% vs QoQ 11.1%, YoY 16.7%
Adj. PAT came at Rs. 21.9 Cr vs QoQ Rs. 10.5 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 17.9
Share is trading at P/E of 25.5x TTM EPS
*Navneet Education Ltd.* | *CMP* Rs. 100 | *M Cap* Rs. 2289 Cr | *52 W H/L* 108/72
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 327.8 Cr (52% QoQ, -1.3% YoY) vs QoQ Rs. 215.7 Cr, YoY Rs. 332 Cr
EBIDTA came at Rs. 58.7 Cr (56.2% QoQ, -14.5% YoY) vs QoQ Rs. 37.6 Cr, YoY Rs. 68.7 Cr
EBITDA Margin came at 17.9% vs QoQ 17.4%, YoY 20.7%
Adj. PAT came at Rs. 32.1 Cr vs QoQ Rs. 18.9 Cr, YoY Rs. 39.4 Cr
Quarter EPS is Rs. 1.4
Share is trading at P/E of 22.5x FY22E EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 327.8 Cr (52% QoQ, -1.3% YoY) vs QoQ Rs. 215.7 Cr, YoY Rs. 332 Cr
EBIDTA came at Rs. 58.7 Cr (56.2% QoQ, -14.5% YoY) vs QoQ Rs. 37.6 Cr, YoY Rs. 68.7 Cr
EBITDA Margin came at 17.9% vs QoQ 17.4%, YoY 20.7%
Adj. PAT came at Rs. 32.1 Cr vs QoQ Rs. 18.9 Cr, YoY Rs. 39.4 Cr
Quarter EPS is Rs. 1.4
Share is trading at P/E of 22.5x FY22E EPS
*Rupa & Company Ltd.* | *CMP* Rs. 484 | *M Cap* Rs. 3849 Cr | *52 W H/L* 550/150
(Nirmal Bang Retail Research)
*Result is decline* Sales growth YoY as compared to peer is lower
Revenue from Operations came at Rs. 218 Cr (-52% QoQ, 4% YoY) vs QoQ Rs. 454 Cr, YoY Rs. 209.6 Cr
EBIDTA came at Rs. 42.1 Cr (-53.5% QoQ, 16% YoY) vs QoQ Rs. 90.6 Cr, YoY Rs. 36.3 Cr
EBITDA Margin came at 19.3% vs QoQ 20%, YoY 17.3%
Adj. PAT came at Rs. 27.2 Cr vs QoQ Rs. 65.9 Cr, YoY Rs. 20.6 Cr
Quarter EPS is Rs. 3.4
Share is trading at P/E of 20.7x FY22E EPS
(Nirmal Bang Retail Research)
*Result is decline* Sales growth YoY as compared to peer is lower
Revenue from Operations came at Rs. 218 Cr (-52% QoQ, 4% YoY) vs QoQ Rs. 454 Cr, YoY Rs. 209.6 Cr
EBIDTA came at Rs. 42.1 Cr (-53.5% QoQ, 16% YoY) vs QoQ Rs. 90.6 Cr, YoY Rs. 36.3 Cr
EBITDA Margin came at 19.3% vs QoQ 20%, YoY 17.3%
Adj. PAT came at Rs. 27.2 Cr vs QoQ Rs. 65.9 Cr, YoY Rs. 20.6 Cr
Quarter EPS is Rs. 3.4
Share is trading at P/E of 20.7x FY22E EPS
*VA Tech Wabag Ltd.* | *CMP* Rs. 341 | *M Cap* Rs. 2121 Cr | *52 W H/L* 396/114
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 658 Cr (-34.2% QoQ, 52.7% YoY) vs QoQ Rs. 999.3 Cr, YoY Rs. 430.9 Cr
EBIDTA came at Rs. 32.7 Cr (-57.2% QoQ, 13.1% YoY) vs QoQ Rs. 76.4 Cr, YoY Rs. 28.9 Cr
EBITDA Margin came at 5% vs QoQ 7.6%, YoY 6.7%
Adj. PAT came at Rs. 15.2 Cr vs QoQ Rs. 46.5 Cr, YoY Rs. 5.1 Cr
Quarter EPS is Rs. 2.4
Share is trading at P/E of 14.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 658 Cr (-34.2% QoQ, 52.7% YoY) vs QoQ Rs. 999.3 Cr, YoY Rs. 430.9 Cr
EBIDTA came at Rs. 32.7 Cr (-57.2% QoQ, 13.1% YoY) vs QoQ Rs. 76.4 Cr, YoY Rs. 28.9 Cr
EBITDA Margin came at 5% vs QoQ 7.6%, YoY 6.7%
Adj. PAT came at Rs. 15.2 Cr vs QoQ Rs. 46.5 Cr, YoY Rs. 5.1 Cr
Quarter EPS is Rs. 2.4
Share is trading at P/E of 14.8x FY22E EPS
*IDFC Ltd.* | *CMP* Rs. 52 | *M Cap* Rs. 8285 Cr | *52 W H/L* 63/19
(Nirmal Bang Retail Research)
*Result is insignificant as IDFC Ltd is the holding Co of IDFC Bank Ltd. IDFC Bank has already declared its result which was below expectation*
AMC Performance has been stable -
QAAUM increased 3.2% QoQ (in line with peers) to Rs. 1,26,049 Cr.
Market share remained stable at 3.8%.
Revenue increased by 2.4% QoQ to Rs. 106 Cr
Costs were contained leading to PAT growth of 17% QoQ to Rs. 46.5 Cr
(Nirmal Bang Retail Research)
*Result is insignificant as IDFC Ltd is the holding Co of IDFC Bank Ltd. IDFC Bank has already declared its result which was below expectation*
AMC Performance has been stable -
QAAUM increased 3.2% QoQ (in line with peers) to Rs. 1,26,049 Cr.
Market share remained stable at 3.8%.
Revenue increased by 2.4% QoQ to Rs. 106 Cr
Costs were contained leading to PAT growth of 17% QoQ to Rs. 46.5 Cr
*Texmaco Rail & Engineering Ltd. | CMP Rs. 34 | M Cap Rs. 851 Cr | 52 W H/L 42/23*
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 330.8 Cr (-45.4% QoQ, 51.5% YoY) vs QoQ Rs. 605.6 Cr, YoY Rs. 218.4 Cr
EBIDTA came at Rs. 36.6 Cr (-24.2% QoQ, -358.5% YoY) vs QoQ Rs. 48.3 Cr, YoY Rs. -14.2 Cr
EBITDA Margin came at 11.1% vs QoQ 8%, YoY -6.5%
Adj. PAT came at Rs. 7.1 Cr vs QoQ Rs. 20.4 Cr, YoY Rs. -26.4 Cr
Quarter EPS is Rs. 0.3
Share is trading at P/E of 16x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 330.8 Cr (-45.4% QoQ, 51.5% YoY) vs QoQ Rs. 605.6 Cr, YoY Rs. 218.4 Cr
EBIDTA came at Rs. 36.6 Cr (-24.2% QoQ, -358.5% YoY) vs QoQ Rs. 48.3 Cr, YoY Rs. -14.2 Cr
EBITDA Margin came at 11.1% vs QoQ 8%, YoY -6.5%
Adj. PAT came at Rs. 7.1 Cr vs QoQ Rs. 20.4 Cr, YoY Rs. -26.4 Cr
Quarter EPS is Rs. 0.3
Share is trading at P/E of 16x TTM EPS
SIEMENS Q1
Net Profit Down 58 % To Rs 138 cr (QOQ), Rs 2 cr loss last year
Revnues Down 16 % To Rs 2880 cr (QOQ), Up 147 % (QOQ)
EBITDA Down 52 % To Rs 193 cr (QOQ), Rs 55.3 cr EBITDA loss last year
Net Profit Down 58 % To Rs 138 cr (QOQ), Rs 2 cr loss last year
Revnues Down 16 % To Rs 2880 cr (QOQ), Up 147 % (QOQ)
EBITDA Down 52 % To Rs 193 cr (QOQ), Rs 55.3 cr EBITDA loss last year
SEQUENT scientific Q1
Cons. Net Profit Down 58 % To Rs 8.7 cr (QOQ), down 45 % YOY
Revenue Down 11 % To Rs 320 cr (QOQ), up 8 % YOY
View: Result is not good
Cons. Net Profit Down 58 % To Rs 8.7 cr (QOQ), down 45 % YOY
Revenue Down 11 % To Rs 320 cr (QOQ), up 8 % YOY
View: Result is not good
CarTrade
QIB : - 35.45 ×
HNI : - 41 ×
RII : - 02.75 ×
TOTAL : - 20.29×
Total APPLICATIONS : - 1729295
Retail Subscription on the basis of application : - 02.40x
GMP : 190
HNI Cost: 127
There will be no loss
QIB : - 35.45 ×
HNI : - 41 ×
RII : - 02.75 ×
TOTAL : - 20.29×
Total APPLICATIONS : - 1729295
Retail Subscription on the basis of application : - 02.40x
GMP : 190
HNI Cost: 127
There will be no loss