Berger's profitability surged in the quarter, driven by increased volume and effective cost-saving measures. Despite ongoing geopolitical tensions, trade concerns and currency fluctuations, the outlook for the company remains positive. The decorative segment is expected to drive growth in the coming quarters, fuelled by rising urban demand, increased disposable incomes (due to recent tax incentives), and decreasing inflation. With a surplus of cash, Berger is well-positioned to expand its manufacturing capacity and capitalise on future opportunities. The company's gain...
*over or under performance to benchmark index In Q4FY25, the company's consolidated revenue rose 5.1% YoY to Rs. 2,061cr, on The lighting segment fell 1.8% YoY to Rs. 276cr, primarily due to persistent industry...
*over or under performance to benchmark index Nykaa reported a robust Q4FY25 performance, with steady growth in gross merchandise value across all segments. It is poised for strong growth in the beauty segment, driven by strategic initiatives such as introducing new international brands, expanding its retail presence, and curating a wider range of products. Meanwhile, the fashion business is expected to regain momentum in Q1FY26 as...
*over or under performance to benchmark index Indian Oil Corporation Ltd (IOCL) manufactures petroleum and petroleum products and is engaged in the exploration and refining of crude oil. Its products include lubricating oils, liquid petroleum gas, aviation turbine fuel, etc. IOC's presence across the...
expansion plans are progressing at Dachepalli (0.75 MTPA), Jeerabad (0.5 MTPA) and Gudipadu (0.25 MTPA) to take the total to 12 MTPA by H1FY27. 29.5MW of green power projects (solar & WHRS) are underway at different locations. SCL has a target of reaching a...
Shree Cement's Q4FY25 revenue rose slightly, owing to an increase in sales volume. The company's growing focus on premium products improved average realisation per tonne in the quarter. The company is also continuing to focus on increasing the share of green power, which will further reduce the cost of producing cement. Despite the decrease in the cost of sales, higher employee costs, other operating expenses and tax outgo shrunk the profit margin this quarter. For FY26, the company projects cement demand to grow 6.5%-7.5%, owing to sustained capex in infrastructure projects, recovery in the rural economy, continuing...
*over or under performance to benchmark index Titan Company Ltd manufactures and retails jewellery and watches. The company also produces perfumes for men and women. In Q4FY25, consolidated revenue increased 19.4% YoY to Rs. 14,916cr, driven by the growth in the jewelry segment. The jewelry segment grew 23.7% YoY to Rs....
*over or under performance to benchmark index UPL Ltd is a global agriculture solutions company engaged in the agrochemicals and industrial chemicals business, with manufacturing sites globally. Through...
*over or under performance to benchmark index Bajaj Auto Ltd (BAL) is India's second-largest and the world's sixth-largest motorcycle manufacturer. It is also the world's largest three-wheeler maker. The company is...
In FY25, gross refining margin reduced to $5.74/bbl from $9.08/bbl in FY24, owing to significant contraction in margin at Vizag, Mumbai and HPCL-Mittal Energy Ltd (HMEL) facilities to $5.63/bbl, $5.92/bbl and $9.27/bbl from $8.12 bbl, $10.35/bbl...
At the operational level, EBITDA increased 17.1% YoY to Rs. 1,512cr, driven by renewable capacity additions and contribution from KSK Mahanadi Power Ltd. EBITDA margin expanded 50bps YoY to 47.4%....
We expect a short-term yield contraction as the company shifts toward secured lending and aims to attract high-ticket clients. The downward revision in earnings forecasts reflects changes in the equity structure. Although the shift in lending strategy may pressure asset quality in the near term, improved employee incentives could aid recoveries and help offset provisioning risks. With the ongoing restructuring and Bain Capital's involvement, we foresee enhancements in process discipline and cost control. Given the short-term stabilization phase, this may take time. We revise our rating to...
*over or under performance to benchmark index PI Industries manufactures plant protection and specialty plant nutrient products and solutions under its agri-inputs business. It is also a leading custom synthesis and manufacturing (CSM) company in India, providing contract research and contract...
PNB's standalone interest income grew 13.8% YoY to Rs. 31,989cr in Q4FY25, driven by a rise in interest earned from loans (+10.5% YoY), income from investments (+15.1% YoY), and bank funds (+45.3% YoY). Interest expenses, on the other hand, jumped 19.6% YoY to Rs. 21,232cr, due to higher deposit costs. Thus,...
Sobha's broad-based expansion across cities is set to gain momentum, with ~3.1msf of launches planned in Noida and 0.2msf in Mumbai, positioning the company to capitalize on growing demand across markets....
The bank performed strongly due to improved asset quality and robust deposit mobilisation, driven by an enhanced digitalisation journey and focused customer acquisition efforts. We expect strategic initiatives like expanding high-margin emerging corporate lending, launching targeted retail schemes, and investing in...
~Rs.19,400cr, and was marginally lower than initial guidance. For FY26, management guided revenue growth of 15% YoY, EBITDA margins of 27% with an order inflow guidance at Rs.27,000cr. BEL's margin guidance appears achievable, supported by rising indigenous...
