Stocks To Watch Today: RIL, IndusInd Bank, Coal India, UltraTech Cement & More

Here's a look at stocks that are likely to be in focus during the trading session on Monday.

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Stocks of Reliance Industries, IndusInd Bank, Coal India and UltraTech Cement will catch investors' attention on Monday.

Here are the notable corporate announcements that came after Friday's market hours:

Earnings

DCB Bank (Q4, YoY)

  • NII up 17% at Rs 655 crore versus Rs 558 crore.
  • Operating profit up 12% at Rs 342 crore versus Rs 305 crore.
  • Net profit up 16.1% at Rs 206 crore versus Rs 177 crore.
  • Note: Gross NPA improved to 2.45% versus 2.72% QoQ, and Net NPA improved to 0.89% versus 1.1% QoQ. Provisions stood at Rs 69 crore versus Rs 67.2 crore YoY. The board approved fundraising of up to Rs 500 crore via debt and Rs 1,500 crore via equity.

IndusInd Bank (Q4, YoY)

  • NII up 43% at Rs 4,371 crore versus Rs 3,048 crore.
  • Operating profit at Rs 2,215 crore versus a loss of Rs 473 crore.
  • Net profit at Rs 533 crore versus a loss of Rs 2,236 crore.
  • Note: NIM improved slightly to 3.39% versus 3.35% QoQ. Gross NPA improved to 3.43% versus 3.56% QoQ, and Net NPA stood at 1% versus 1.04% QoQ. Provisions fell to Rs 1,484 crore versus Rs 2,417 crore YoY.

M&M Financial (Q4, Cons YoY)

  • Total income up 13.5% at Rs 5,560 crore versus Rs 4,897 crore.
  • Net profit up 105.2% at Rs 938 crore versus Rs 457 crore.
  • Note: The board declared a dividend of Rs 7.5 per share (record date July 13) and approved raising its overall borrowing limit to Rs 1.75 lakh crore from Rs 1.5 lakh crore.

Jayaswal Neco Industries (Q4, YoY)

  • Revenue up 17.8% at Rs 1,974 crore versus Rs 1,675 crore.
  • Ebitda up 9.9% at Rs 376 crore versus Rs 342 crore.
  • Ebitda margin down 140 bps at 19.0% versus 20.4%.
  • Net profit up 87.8% at Rs 191 crore versus Rs 102 crore.
  • Note: The board approved a preferential share issue worth Rs 200 crore.

L&T Finance (Q4, Cons YoY)

  • Total income up 18.5% at Rs 4,771 crore versus Rs 4,027 crore.
  • Net profit up 26.8% at Rs 807 crore versus Rs 636 crore.
  • Note: The board declared a final dividend of Rs 2.75 per share and approved entering the pre-paid instruments business. It also approved equity fundraising of up to Rs 6,012 crore, set its NCD borrowing limit at Rs 1.2 lakh crore, and appointed COO Raju Dodti and CFO Sachinn Joshi as Whole-Time Directors.

Bhansali Engineering Polymers (Q4, Cons YoY)

  • Revenue down 1.0% at Rs 342 crore versus Rs 345 crore.
  • Ebitda up 33.0% at Rs 64.1 crore versus Rs 48.2 crore.
  • Ebitda margin up 480 bps at 18.8% versus 14.0%.
  • Net profit up 30.6% at Rs 51.6 crore versus Rs 39.5 crore.

Reliance Industries (Q4, Cons QoQ)

  • Revenue up 11.0% at Rs 2.90 lakh crore versus Rs 2.60 lakh crore.
  • Ebitda down 4.0% at Rs 44,141 crore versus Rs 46,018 crore.
  • Ebitda margin down 240 bps at 15.0% versus 17.4%.
  • Net profit down 9.0% at Rs 16,971 crore versus Rs 18,645 crore.
  • Note: The board declared a dividend of Rs 6 per share. Retail revenue was up 1% sequentially at Rs 98,457 crore.

Lodha Developers / Macrotech (Q4, Cons YoY)

  • Revenue up 11.6% at Rs 4,714 crore versus Rs 4,224 crore.
  • Ebitda up 15.7% at Rs 1,413 crore versus Rs 1,221 crore.
  • Ebitda margin up 107 bps at 29.96% versus 28.89%.
  • Net profit up 9.4% at Rs 1,008 crore versus Rs 922 crore.
  • Note: The board declared a dividend of Rs 4.25 per share.

MRPL (Q4, Cons QoQ)

  • Revenue down 3.1% at Rs 23,949 crore versus Rs 24,712 crore.
  • Ebitda down 36.0% at Rs 1,783 crore versus Rs 2,784 crore.
  • Ebitda margin down 390 bps at 7.4% versus 11.3%.
  • Net profit down 91.9% at Rs 117 crore versus Rs 1,451 crore.

Tanla Platforms (Q4, Cons QoQ)

  • Revenue up 5.0% at Rs 1,178 crore versus Rs 1,121 crore.
  • Ebit up 0.6% at Rs 159 crore versus Rs 158 crore.
  • Ebit margin down 60 bps at 13.5% versus 14.1%.
  • Net profit up 2.2% at Rs 134 crore versus Rs 131 crore.
  • Note: The board declared a 2nd interim dividend of Rs 6 per share.

Can Fin Homes (Q4, Standalone YoY)

  • Calculated NII up 21.0% at Rs 422 crore versus Rs 349 crore.
  • Net profit up 48.2% at Rs 347 crore versus Rs 234 crore.
  • Note: The board declared a dividend of Rs 8 per share and appointed Shailesh Kumar Singh as an Additional Director and Whole-Time Director, designated as Deputy MD.

Choice International (Q4, Cons YoY)

  • Revenue up 21.2% at Rs 307 crore versus Rs 253 crore.
  • Ebitda up 20.0% at Rs 116 crore versus Rs 96.2 crore.
  • Ebitda margin down 30 bps at 37.7% versus 38.0%.
  • Net profit up 16.7% at Rs 60.3 crore versus Rs 51.7 crore.

Axis Bank (Standalone)

  • Interest Income at Rs. 32724 cr vs Rs. 31243 cr, up 4.7% YoY
  • NII at Rs. 14457 cr vs Rs. 13811 cr, up 4.7% YoY
  • PAT at Rs. 7071 cr vs Rs. 7118 cr, down -0.6% YoY
  • Operating Profit at Rs. 10013 cr vs Rs. 10752 cr, down -6.9% YoY
  • Provisions at Rs. 3522 cr vs Rs. 2246 cr, up 56.8% QoQ
  • GNPA % at 1.2% vs 1.4%, improves 17 bps QoQ
  • NNPA % at 0.4% vs 0.4%, improves 5 bps QoQ

RBL Bank

  • NII at Rs. 1671 cr vs Rs. 1563 cr, up 6.9% YoY
  • PAT at Rs. 230 cr vs Rs. 68.4 cr, up 234% YoY    
  • Operating Profit at Rs. 955 cr vs Rs. 912 cr, up 4.8% YoY
  • Provisions at Rs. 678 cr vs Rs. 639 cr, up 6.2% YoY
  • GNPA % at 1.5% vs 1.9%, improves 43 bps YoY
  • NNPA % at 0.4% vs 0.6%, improves 16 bps YoY
  • NIM 4.41% vs 4.63% QoQ

Earnings Today

UltraTech Cement, Varun Beverages, Coal India, Nippon Life India Asset Management, Bajaj Housing Finance and more.

ALSO READ:Coal India Q4 Preview: Profit Seen Lower As Realisations Offset Weak Volumes

Stocks In News

  • City Union Bank: The bank has significantly expanded its footprint, opening a total of 9 new branches across Gujarat, Andhra Pradesh, Uttar Pradesh, Tamil Nadu, West Bengal, and Karnataka, bringing its total branch network to 987.
  • Wipro: The IT major has partnered with Kongsberg Digital to develop and scale AI-driven solutions tailored for the energy and utilities sector.
  • IndusInd Bank: The bank reports the resignation of its Chief Compliance Officer, Sachin Patange, and has appointed Sunil Kumar Singh to take over the role.
  • Waaree Energies: The company's board is scheduled to meet on April 29 to discuss potential fundraising options.
  • Mastek: The IT services firm has signed a Memorandum of Understanding (MoU) to sell its Chennai building property for a consideration of Rs 60 crore.
  • IRFC: SEBI is currently considering the railway financier's request for a waiver of a previously imposed fine.
  • Lodha Developers (Macrotech): The company continues to deleverage its balance sheet, reducing its overall debt by Rs 800 crore to Rs 5,377 crore during Q4.
  • Fusion Micro Finance: The company has received exchange approval to convert 3.1 lakh partly-paid shares into fully paid-up shares, which will begin trading on April 27.
  • IDBI Bank: The bank clarified that the ongoing strategic disinvestment process is entirely confidential and being managed by DIPAM via competitive bidding. It noted that the bank itself has no role in the negotiations and has not received any fresh updates from the government.

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