Stocks To Watch: Vodafone Idea, ONGC, Apollo Hospitals, Ruchi Soya, Glenmark Pharma, GMR Infra, Burger King
India’s stock benchmarks rose for the second consecutive week and closed at record on Friday, aided by gains in technology and telecom stocks, as positivity on the macroeconomic front and hopes of relaxation of covid curbs spilled over to the markets.
The S&P BSE Sensex gained 1.08% to 55,437.29. This is the first time the Sensex has crossed the 55,000 mark. The NSE Nifty 50 advanced by a similar magnitude to 16,529.10. The 50-stock index crossed both 16,400 and 16,500 level for the first time ever and hit a record 16,543.60 in intraday trade.
Earnings Post Market Hours
ONGC Q1FY22 (Standalone, QoQ)
Revenues up 8.6% at Rs 23,021.64 crore Vs Rs 21,188.91 crore (Bloomberg estimate: Rs 23,273.7 crore)
Net profit down 35.6% at Rs 4,334.75 crore Vs Rs 6,733.97 crore (Bloomberg estimate: Rs 4,690.2 crore)
Ebitda up 35% at Rs 11,001.78 crore Vs Rs 8,149.35 crore (Bloomberg estimate: Rs 12,036 crore)
Margins at 47.8% Vs 38.5% (Bloomberg estimate: 51.7%)
The net crude realisation jumped 13% to $65.59/barrel.
Indraprastha Gas Q1FY22 (Consolidated, QoQ)
Revenue down 19% at Rs 1,380.49 crore Vs Rs 1,710.32 crore
Net profit down 26% at Rs 277.95 crore Vs Rs 375.10 crore
Ebitda down 23% at Rs 380.86 crore Vs Rs 491.76 crore
Margin at 27.6% Vs 28.8%
Apollo Hospitals Q1 FY22 (Consolidated, QoQ)
Revenue up 31% at Rs 3,760.2 crore Vs 2,868 crore (Bloomberg estimate: Rs 3,117.3 crore)
Net profit up 1.91 times at Rs 489.3 crore Vs Rs 167.9 crore (Bloomberg estimate: Rs 165.7 crore)
Ebitda up 26% at Rs 519.9 crore Vs Rs 411.8 crore (Bloomberg estimate: Rs 434.9 crore)
Margins at 13.8% Vs 14.4% (Bloomberg estimate: 14%)
Ruchi Soya Industries Q1FY22 (Standalone, QoQ)
Revenue up 9% at Rs 5,266.15 crore Vs Rs 4,838.50 crore
Net profit down 45% at Rs 173.53 crore Vs Rs 314.33 crore
Ebitda up 33% at Rs 331.02 crore Vs Rs 249.58 crore
Margin at 6.3% Vs 5.2%
NLC India Q1FY22 (Consolidated, QoQ)
Revenue up 7% at Rs 3,036.46 crore Vs Rs 2,839.55 crore
Net profit down 54% at Rs 347.69 crore Vs Rs 752.84 crore
Ebitda up 15% at Rs 976.95 crore Vs Rs 849.25 crore
Marginat 32.2% Vs 29.9%
NHPC Q1FY22 (Consolidated, QoQ)
Revenue up 50% at Rs 2,417.12 crore Vs Rs 1,609.17 crore
Net profit up 1.12 times at Rs 907.77 crore Vs Rs 427.55 crore
Ebitda up 1.64 times at Rs 1,448.87 crore Vs Rs 548.10 crore
Margin at 59.9% Vs 34.1%
NBCC (India) Q1FY22 (Consolidated, QoQ)
Revenue down 48% at Rs 1,386.78 crore Vs Rs 2,667.43 crore
Net profit down 55% at Rs 35.79 crore Vs Rs 79.63 crore
Ebitda down 88% at Rs 9.31 crore Vs Rs 76.05 crore
Margin at 0.7% Vs 2.9%
Dilip Buildcon Q1FY22 (Consolidated, QoQ)
Revenue down 22% at Rs 2,438.26 crore Vs Rs 3,135.47 crore
Loss attributable to the owners of the parent at Rs 15.88 crore Vs Profit of Rs 123.67 crore
Profit for the period at Rs 29.73 crore Vs Rs 168.75 crore
Ebitda down 22% at Rs 456.11 crore Vs Rs 584.33 crore
Margin at 18.7% Vs 18.6%
Glenmark Pharmaceuticals Q1FY22 (Consolidated, QoQ)
Revenue up 4% at Rs 2,964.89 crore Vs Rs 2,859.89 crore
Net profit up 31% at Rs 306.52 crore Vs Rs 233.87 crore
Ebitda up 10% at Rs 573.57 crore Vs Rs 523.42 crore
Margin 19.35% Vs 18.30%
India business grew 57% YoY to Rs 1,225 crore
North America business recorded growth of 6% YoY to Rs 787.80 crore
Petronet LNG Q1FY22 (Consolidated, QoQ)
Revenue up 13% at Rs 8,597.90 crore Vs Rs 7,575.32 crore
Net profit up 5% at Rs 670.06 crore Vs Rs 637.92 crore
Ebitda down 4% at Rs 1,051.53 crore Vs Rs 1,091. 09 crore
Margin at 12.23% Vs 14.40%
Vodafone Idea Q1FY22 (Consolidated, QoQ)
Revenues down 4.7% at Rs 9,152.3 crore Vs Rs 9,607.6 crore (Bloomberg estimate: Rs 9,592.1 crore)
Net loss at Rs 7,319.1 crore Vs Rs 7,022.8 crore (Bloomberg estimate: Rs 6,614.6 crore)
Ebitda down 15.9% at Rs 3,707.7 crore Vs Rs 4,408.7 crore (Bloomberg estimate: Rs 4,286.5 crore)
Margin at 40.5% Vs 45.9% (Bloomberg estimate: 44.7%)
Average revenue per user fell to Rs 104 from Rs 107
JK Cement Q1FY22 (Consolidated, QoQ)
Revenue down 20% at Rs 1,714.14 crore Vs Rs 2,134.14 crore
Net profit down 11% at Rs 191.94 crore Vs Rs 215.91 crore
Ebitda down 9% at Rs 402.90 crore Vs Rs 444.34 crore
Margin 23.50% Vs 20.82%
Suzlon Energy Q1FY22 (Consolidated, QoQ)
Revenue up 1% at Rs 1,141.78 crore Vs Rs 1,136 crore
Net loss at Rs 22.44 crore Vs Rs 56.65 crore
Ebitda down 21% at Rs 154.07 crore Vs Rs 195.97 crore
Margin at 13.49% Vs 17.25%
GMR Infrastructure Q1FY22 (Consolidated, QoQ)
Revenue down 23% at Rs 1,775.87 crore Vs Rs 2,320.53 crore
Net loss at Rs 317.91 crore Vs Rs 723.36 crore
Ebitda down 50% at Rs 421.92 crore Vs Rs 843.81 crore
Margin at 23.76% Vs 36.36%
Received first tranche of Rs 1,692 crore out of total Rs 2,719 crore for selling stake in Kakinada SEZ
Airport traffic rebounded quickly from last week of May and is on a fast pace recovery path than initially anticipated
Expects return to the pre-Covid traffic level in Indian Airports by end FY22 driven by domestic segment
Approved enabling resolution for raising up to Rs 6,000 crore in one or more tranches via QIP, FCCB issues among other modes
Amara Raja Batteries Q1FY22 (Consolidated, QoQ)
Revenue down 10% at Rs 1,886.17 crore Vs Rs 2,102.61 crore
Net profit down 34% at Rs 124.10 crore Vs Rs 189.38 crore
Ebitda down 21% at Rs 250.02 crore Vs Rs 316.40 crore
Margin at 13.26% Vs 15.05%
Minda Industries Q1FY22 (Consolidated, QoQ)
Revenue down 28% at Rs 1,602.55 crore Vs Rs 2,238.27 crore
Net profit down 89% at Rs 15.42 crore Vs Rs 140.32 crore
Ebitda down 51% at Rs 146.70 crore Vs Rs 301.59 crore
Margin at 9.2% Vs 13.5%
Sun TV Network Q1FY22 (Consolidated, QoQ)
Revenue up 2% at Rs 818.87 crore Vs Rs 802.55 crore
Net profit down 25% at Rs 365.23 crore Vs Rs 487.46 crore
Ebitda down 12% at Rs 487.18 crore Vs Rs 550.90 crore
Margin at 59.5% Vs 68.6%
Declared an interim dividend of Rs 3.75 per equity share
Burger King Q1FY22 (QoQ)
Revenue down 23% at Rs 149.72 crore Vs Rs 196.05 crore
Net loss at Rs 44.35 crore Vs Rs 25.94 crore
Ebitda down 94% at Rs 1.50 crore Vs Rs 24.41 crore
Margin 1% Vs 12.5%
J&K Bank Q1FY22 (Consolidated, YoY)
Net Interest Income up 7% at Rs 969.38 crore Vs Rs 904.44 crore
Net profit up 13.38 times at Rs 104.95 crore Vs Rs 7.3 crore
GNPA at 9.69% Vs 9.67% (QoQ)
NNPA at 2.94% Vs 2.95% (QoQ)
Provisions at Rs 215.83 crore Vs Rs 28.27 (QoQ)
Provision for loan losses at Rs 93.25 crore Vs Rs 444.68 crore (QoQ)
Poonawalla Fincorp Q1FY22 (Consolidated, QoQ)
Net Interest Income down 14% at Rs 276.78 crore Vs Rs 322.33 crore
Net profit at Rs 64.53 crore Vs Net loss of Rs 647.72 crore
Gross Stage 3 asset at 5.8% Vs 3.7%
Net Stage 3 asset at 3.7% Vs 1.2%
SpiceJet Q1FY22 (Consolidated, QoQ)
Revenue down 40% at Rs 1,125 crore Vs Rs 1,888.19 crore
Net loss at Rs 731.11 crore Vs Rs 256.97 crore
Ebitda loss at Rs 414.91 crore Vs Rs 77.25 crore
Here are the stocks to watch in trade today:
eClerx Services: To buy back up to Rs 303 crore of shares. The company plans to buy back shares through a tender route at as much as Rs 3,200 each.
HCL Technologies: Rogers Communications, a Canadian telecom service provider and media company, has selected HCL to expand support of operational stability excellence in business and operational support systems and corporate IT systems. This new multi-year agreement will strengthen HCL’s managed services partnership with Rogers that began in 2016, the company said.
Future Lifestyle Fashions: Aims to increase online business 2.7x in FY22.
Future Consumer: Approves merger of three step-down subsidiaries—Integrated Food Park, Future Food and Products, and Future Food Processing—with the company.
Max Financial Services: Chief Financial Officer Jatin Khanna resigns effective September 30.
Pledge Share Details
Asahi India Glass: Promoter Sanjay Labroo revoked pledge of 16.95 lakh shares on August 9.
As reported on August 13.
Devyani International Limited
Exxaro Tiles Limited
Krsnaa Diagnostics Limited
Windlas Biotech Limited
Inspira Enterprise India has filed draft papers with SEBI to raise Rs 800 crore through IPO. The initial share sale consists of fresh issuance of equity shares to the tune of Rs 300 crore and an offer of sale of equity shares worth Rs 500 crore by Prakash Jain, Manjula Jain Family Trust and Prakash Jain Family Trust, as per the DRHP.
Go Fashion has filed draft papers with SEBI for initial share sale. The IPO comprises fresh issue of equity shares worth up to Rs 125 crore and OFS of up to 1.28 crore equity shares by promoter and existing shareholders.
VLCC Health Care has filed IPO papers with SEBI. The initial share sale comprises fresh issuance of equity shares worth Rs 300 crore and an OFS of 89.22 lakh equity shares by promoter and existing shareholders.
Latent View Analytics has filed draft papers with SEBI for Rs 600 crore IPO. The initial share sale comprises fresh issue of Rs 474 crore and an offer for sale of Rs 126 crore.
CMS Info Systems has filed draft papers with SEBI to raise Rs 2,000 crore via IPO.
Sudarshan Chemical Industries: Promoter Rahul Rathi sold 7.50 lakh shares (1.08%) at Rs 640.46 per share.
Globus Spirits: Promoter Rambagh Facility Services LLP bought 3.31 between August 11-12.
Shalby: Promoter Kairav Shah sold 57,306 shares on August 12.
Surya Roshni: Promoter Surya Roshni Employees Welfare Trust bought 70,500 shares between August 9-11.
Usha Martin: Promoter Peterhouse Investments sold 3 lakh shares between August 11-12.
Move Into ASM Framework: Hexa Tradex
Move Out Of ASM Framework: IFGL Refractories, Cyient, Prakash Industries