Action Construction Equipment Ltd | CMP Rs. 1568 | M Cap Rs. 18672Cr | 52WH/L1695/415
(Nirmal Bang Retail Research)
Improved results
Operating revenue was Rs 83.58 billion (11% QoQ, 36.2% YoY) compared to Rs 75.31 billion in the previous quarter and Rs 61.38 billion YoY.
EBIDTA was INR 12.97 billion, up 26.2% quarter-on-quarter and 76.9% year-on-year, compared to INR 10.27 billion quarter-on-quarter and INR 7.33 billion year-on-year.
EBITDA margin was 15.5%, 13.6% QoQ, 11.9% YoY.
Adjusted PAT was Rs. 98.4Cr QoQ vs. Rs. 88.3Cr and YoY vs. Rs. 47.7Cr
Quarterly EPS is 8.3 rupees
The stock is trading at a P/E ratio of 34.5 times FY26 EPS.
Fiem Industries Limited | CMP 1206 Cr Rupees | M Cap 3174 Cr Rupees | 52 WH/L 1299/822
(Nirmal Ban Retail Research)
Improved results
Operating revenue was Rs 55.75 billion (14.5% QoQ, 27.8% YoY), compared to Rs 48.7 billion in the previous quarter and Rs 43.62 billion YoY.
EBIDTA stood at Rs. 75.5 Cr (17% QoQ, 25.3% YoY) vs. Rs. 64.5Cr QoQ, Rs. 60.2Cr YoY
EBITDA margin of 13.5% compared to 13.2% QoQ and 13.8% YoY
Adjusted profit was 4.72 billion rupees (4.03 billion rupees in the previous quarter and 3.8 billion rupees in the same period last year)
Quarterly EPS was Rs 17.9
The stock is trading at a P/E ratio of 17.4 times FY25E EPS.
JK Tire & Industries Co., Ltd. | CMP Rs. 404 | M Cap Rs. 10533 Chrome | 52WH/L554/171
(Nirmal Bang Retail Research)
Result: OK
Revenues from operations were INR 369.85 billion, down 0.3% sequentially and 1.8% year-on-year, compared to INR 368.77 billion in the previous quarter and INR 363.25 billion in the same period last year.
EBIDTA was INR 48.12 billion (-12.5% ​​QoQ, 27.9% YoY) compared to INR 55.02 billion last quarter and INR 37.62 billion YoY.
EBITDA margin was 13%, 14.9% quarter-on-quarter and 10.4% year-on-year
Adjusted PAT was Rs. 193.8 Cr vs. QoQ Rs. 225.3 Cr and YoY Rs. 98.2 Cr
Quarterly EPS is 7.4 rupees
The stock is trading at a P/E ratio of 10.8 times FY25’s projected EPS.
Ircon International Ltd | CMP 290 Rupees | M Cap 27275 Rupees | 52 WH/L 301/78
(Nirmal Van Retail Research)
Results slightly better than expected
Operating revenue was 364.9 billion rupees (30.7% QoQ, -0.6% YoY), lower than the expectations of 356.4 billion rupees, 279.21 billion yen QoQ, and 366.99 billion yen YoY.
EBIDTA at Rs. 2,466 Cr (41.6% QoQ, 23.6% YoY) vs. expected Rs. 224.6 Cr, QoQ Rs. 1,74.1 Cr, YoY Rs. 199.4 Cr
EBITDA margin was 6.8% versus 6.3% expected, 6.2% QoQ, and 5.4% YoY
Adjusted PAT was Rs. 285.7Cr Vs. expected Rs. 242.7Cr, QoQ Rs. 185.1Cr, YoY Rs. 248.2Cr
Quarterly EPS is Rs. 3
The stock is trading at a P/E ratio of 31.3 times FY25 projected EPS.
Metropolis Healthcare Ltd | Market Cap 1,904 rupees | Capital 9,754 rupees | 52 WH/L 1935/1209
(Nirmal Bang Retail Research)
The results were as expected
Revenue from operations was Rs 1 million. 331 Cr (13.7% QoQ, 17.1% YoY) vs. Expected Rs. 307.9 Cr, QoQ Rs. 291.1Cr, YoY Rs. 282.5 Cr
EBIDTA came in at Rs. 80 Cr (23.3% QoQ, 13.8% YoY) vs. expectation of Rs. 77.6 Cr, QoQ Rs. 64.8 Cr, YoY Rs. 70.3 Cr
EBITDA margin was 24.2% versus 25.2% expected, 22.3% QoQ and 24.9% YoY
Adjusted profit was INR 3.64 billion (expected: INR 3.82 billion), up INR 2.72 billion quarter-on-quarter and INR 3.34 billion year-on-year
Quarterly EPS is Rs. 7.1
The stock is trading at a P/E ratio of 53.9 times FY25 forecast EPS.
GE T&D India Ltd | CMP Rs. 1355 | M Cap Rs. 34689 Chromium | 52WH/L1354.8/172
(Nirmal Van Retail Research)
Results Exceeded Expectations
Operating revenue was 91.36 billion rupees (8.9% QoQ, 29.9% yoy), lower than expectations of 86 billion rupees, 83.9 billion qoq, and 70.31 billion yen.
EBIDTA stood at Rs 20 billion. 111 Cr (14.9% QoQ, 297.6% YoY) vs. expected Rs.71.9 Cr, QoQ of Rs. 96.5Cr, YoY increase of Rs. 27.9Cr
EBITDA margin was 12.1% compared to the expected 8.4%, 11.5% sequentially, and 4% YoY.
Adjusted profit was INR 6.63 billion versus the expected INR 5.18 billion, INR 4.94 billion quarter-on-quarter and -INR 1.09 billion year-on-year
Quarterly EPS is Rs. 2.6
The stock is trading at a P/E ratio of 121.8 times FY25 forecast EPS.
Hitachi Energy India Ltd. | CMP Rs. 10844 | M Cap Rs. 45958 Chrome | 52WH/L12368/3283
(Nirmal Bang Retail Research)
Results exceeded expectations
Operating revenue was 169.53 billion rupees (33% QoQ, 27.1% YoY), lower than expectations of 126.75 billion rupees, 127.42 billion yen QoQ, and 133.4 billion yen YoY.
EBIDTA was Rs 15.14 billion (122.6% QoQ, 59.3% YoY), lower than expectations of Rs 8.1 billion, Rs 6.8 billion QoQ, and Rs 9.51 billion YoY.
EBITDA margin was 8.9% versus the forecast of 6.4%, 5.3% sequentially, and 7.1% year-on-year.
Adjusted PAT was Rs. 113.7Cr Vs. expected Rs. 40.2Cr, QoQ Rs. 23Cr and YoY Rs. 50.8Cr
Quarterly EPS was Rs 26.8
The stock is trading at a P/E ratio of 137 times fiscal 2025 EPS.
Lakshmi Organic Industries Ltd | CMP Rs. 256 | M Cap Rs. 7048Cr | 52WH/L321/222
(Nirmal Bang Retail Research)
Results exceeded expectations
Revenue from operations was Rs. 7,921 Cr (14.1% QoQ, 8% YoY) vs. expected Rs. 712.5 Cr, QoQ Rs. 6,94.3 Cr, YoY Rs. 733.2 Cr
EBIDTA was Rs 90 Cr (72.2% QoQ, 48.3% YoY), below the estimate of Rs 60.1 Cr, Rs 52.3 Cr QoQ, and Rs 60.7 Cr YoY.
EBITDA margin of 11.4% versus expected 8.4%, 7.5% sequentially and 8.3% YoY
Adjusted PAT was Rs. 44.3 Cr vs. expectation of Rs. 27.9 Cr, QoQ Rs. 27.2 Cr, YoY Rs. 24.3 Cr
Quarterly EPS is 1.6 rupees
The stock is trading at a P/E ratio of 40.2 times FY25 EPS.
Gulf Oil Lubricants India Limited | CMP Rs 938 | M Cap Rs 4613 | 52 WH/L 1120/406
(Nirmal Bang Retail Research)
Improved results
Operating revenue was Rs 86.96 billion (6.4% QoQ, 9.8% YoY), compared to Rs 81.75 billion in the previous quarter and Rs 79.21 billion in the same period last year.
EBIDTA was INR 11.73 billion, up 6.2% quarter-on-quarter and 34% year-on-year, compared to INR 11.04 billion quarter-on-quarter and INR 8.75 billion year-on-year.
EBITDA margin was 13.5%, up 13.5% from the previous quarter and 11.1% from the previous year.
Adjusted profit was 8.62 billion rupees (8.01 billion rupees in the previous quarter and 6.22 billion rupees in the same period last year)
Quarterly EPS is Rs. 17.5
The stock trades at a P/E of 15 times TTM EPS
