Q4 Earnings Impact: IRCTC, Natco Pharma, SAIL, Bata, Cummins Shares Rise

Shares of Indian Railway Catering and Tourism Corporation Ltd., Natco Pharma Ltd. and Steel Authority of India Ltd. were in focus on Thursday, after the companies announced their fourth quarter results.

Insecticides (India) Ltd. shares rose the most, while FDC Ltd. fell the most, among the companies that announced their results for quarter ended March.

Deepak Nitrite Q4 Highlights (Consolidated, YoY)

• Share price rises 4.74% at Rs 2,095.

• Revenue up 2.5% to Rs 2,179.69 crore versus Rs 2,126.21 crore.

• Ebitda up 5% to Rs 316.51 crore versus Rs 301.12 crore.

• Margin at 14.5% versus 14.2%.

• Net profit down 20% to Rs 202.41 crore versus Rs 253.86 crore.

• Exceptional gain of Rs 79.8 cr in Q4 FY24.

Cummins India Q4 Highlights (Standalone, YoY)

• Share price rises 3.29% at Rs 3,073.90.

• Revenue up 6.1% to Rs 2,457 crore versus Rs 2,316 crore (Estimate: Rs 2,693 crore).

• Ebitda down 4.4% to Rs 520 crore versus Rs 544 crore (Estimate: Rs 523 crore).

• Ebitda margin at 21.2% versus 23.5% (Estimate: 19.4%).

• Net profit down 7% to Rs 521 crore versus Rs 561 crore (Estimate: Rs 476 crore).

• Domestic sales were higher by 1% compared to the same quarter last year and lower by 25% compared to the previous quarter.

• Exports sales are higher by 39% compared to the same quarter last year and higher by 3% compared to the previous quarter.

Insecticides (India) Q4 Highlights (Consolidated, YoY)

• Share price rises 7.80% at Rs 895.

• Revenue up 31.7% to Rs 359 crore versus Rs 272.5 crore.

• Ebitda at Rs 28.5 crore versus Rs 8.7 crore.

• Margin at 7.9% versus 3.2%.

• Net profit up 84.7% to Rs 13.9 crore versus Rs 7.5 crore.

• Deferred Tax Credit of 4 crore in Q4 FY24

• Revenue Growth of 32% is registered in Q4 vs Q4FY24 with significant improvement in profit margins across segments.

• Premiumisation led Profit Growth.

• A robust performance was noted in Shinwa, Izuki, Mission SC, Mycoraja and new launches.

Nuvama Wealth Management Q4 Highlights (Consolidated, QoQ)

• Share price rises 3.18% at Rs 7,144.

• Revenue up 8.3% to Rs 1,120 crore versus Rs 1,034 crore.

• Ebitda down 1.2% to Rs 575 crore versus Rs 582 crore.

• Margin at 51.3% versus 56.2%.

• Net profit up 1.3% to Rs 255 crore versus Rs 252 crore.

• Ebitda down due to an increase in other expenses by 40% and employee expenses by 22%.

• Wealth Management Business Grew by 15%.

• Capital Market Business grew by 25%.

Bata India Q4 Highlights (Consolidated, YoY)

• Share price rises 1.36% at Rs 1,294.20.

• Revenue down 1.2% to Rs 788 crore versus Rs 798 crore.

• Ebitda down 2% to Rs 178 crore versus Rs 182 crore.

• Margin at 22.6% versus 22.8%.

• Net profit down 27.9% to Rs 45.9 crore versus Rs 63.6 crore.

Birlasoft Q4 (Consolidated, YoY)

• Share price rises 3.92% at Rs 439.90.

• Revenue down 3.31% at Rs 1,317 crore versus Rs 1,362 crore.

• EBIT up 7.47% at Rs 152.5 crore versus Rs 141.9 crore.

• EBIT margin up 116 bps at 11.57% versus 10.41%.

• Net profit up 4.27% at Rs 122 crore versus Rs 117 crore.

Welspun Corp Q4 Highlights (Cons, YoY)

• Share price rises 6% at Rs 862.50.

• Revenue down 12% at Rs 3,925 crore versus Rs 4,461 crore.

• Ebitda up 39.4% at Rs 460 crore versus Rs 330 crore.

• Margin at 11.7% vs 7.4%.

• Net profit at Rs 698 crore versus Rs 269 crore.

• Exceptional Gain of Rs 476 crore.

SAIL Q4 Highlights (Consolidated, QoQ)

• Share price rises 2.20% at Rs 131.80.

• Revenue up 19.7% to Rs 29,316.14 crore versus Rs 24,489.91 crore.

• Ebitda up 72% to Rs 3,483.86 crore versus Rs 2,029.87 crore.

• Margin at 11.9% versus 8.3%.

• Net Profit up 393% to Rs 1,251.00 crore versus Rs 253.86 crore.

• Exceptional loss of Rs 29 crore vs 28 crore exceptional gain.

• Other Income increases by 27%, from 297 crore vs 233 crore.

• Total Expenses at 28,029 crore vs 24,560 crore.

Avanti Feeds Q4 Highlights (Consolidated, YoY)

• Revenue up 7.9% to Rs 1,385 crore versus Rs 1,284 crore.

• Ebitda up 36.5% to Rs 177 crore versus Rs 130 crore.

• Margin at 12.8% versus 10.1%.

• Net Profit up 45.8% to Rs 152 crore versus Rs 104 crore.

• Other Income increased by 36% from 49.88 crore vs 36.45 crore.

IRCTC Q4 Highlights (Consolidated, YoY)

• Share price rises 3.05% at Rs 800.

• Revenue up 10.1% to Rs 1,268.52 crore versus Rs 1,151.71 crore.

• Ebitda up 6% to Rs 385.48 crore versus Rs 362.43 crore.

• Margin at 30.4% versus 31.5%.

• Net Profit up 26% to Rs 358.22 crore versus Rs 284.18 crore.

• Exceptional gain of Rs 45.68 crore in the fourth quarter.

FDC Q4 Highlights (Consolidated, YoY)

• Share price falls 4.68% at Rs 435.10.

• Revenue up 6.5% to Rs 492 crore versus Rs 462 crore.

• Ebitda down 4.2% to Rs 54 crore versus Rs 56.3 crore.

• Margin at 11% versus 12.2%.

• Net profit down 16.4% to Rs 38.7 crore versus Rs 46.3 crore.

Heidelbergcement India Q4 Highlights (YoY)

• Share price falls 0.53% at Rs 200.11.

• Revenue up 2.7% to Rs 612 crore versus Rs 597 crore.

• Ebitda up 2% to Rs 90.6 crore versus Rs 89 crore.

• Margin at 14.8% versus 14.9%.

• Net Profit up 4.8% to Rs 50.5 crore versus Rs 48 crore.

Jindal Worldwide Q4 Highlights (Consolidated, YoY)

• Share price rises 0.92% at Rs 61.45.

• Revenue up 5.5% to Rs 606 crore versus Rs 574 crore.

• Ebitda down 11.8% to Rs 49 crore versus Rs 55.5 crore.

• Margin at 8% versus 9.7%.

• Net profit down 21.8% to Rs 22 crore versus Rs 28.2 crore.

Natco Pharma Q4 Highlights (Consolidated, YoY)

• Share price rises 6.63% at Rs 919.50.

• Revenue up 14.3% to Rs 1,221 crore versus Rs 1,068 crore.

• Ebitda up 10.2% to Rs 548 crore versus Rs 497 crore.

• Margin at 44.9% versus 46.6%.

• Net Profit up 5.3% to Rs 407 crore versus Rs 386 crore.