EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

After seeing testing times in FY23 amid skyrocketing inflation and weak consumer demand, India Inc found solace in FY24 as several companies reported strong double-digit growth in earnings. One of the major factors driving this growth was easing inflationary pressures. As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, … Read more

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

NH Bhansali, CEO-Finance, Strategy & Business Development, Emami, says “margins have really improved compared to the previous year and this has helped us improve on the EBITDA and the PAT by double digit despite a very low single digit growth. We feel this margin would sustain because in the past periods, there had been a … Read more

Eicher Motors Q2 strong but weaker mix to impact margins. Should you buy stock?

Eicher Motors Q2 strong but weaker mix to impact margins. Should you buy stock?

Shares of Eicher Motors jumped 2.6% to the day’s high of Rs 3,675 on the NSE on Monday despite a weak start to the week from the domestic stock markets. The gains were on strong September quarter earnings and favourable view by top brokerages. Among them were Jefferies CLSA and Nuvama which held on to … Read more

NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%

NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%

MUMBAI – State-owned power producer NTPC Ltd reported a 9.4% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 4,066 crore. Revenue from operations, however, declined 2.3% YoY to Rs 39,122.25 crore. Total expenses for the quarter was Rs 33,528.14 crore, compared to Rs 35,598.4 crore a year ago. Operating profit, … Read more

EBITDA margins have improved significantly for Chalet Hotels: Sanjay Sethi

EBITDA margins have improved significantly for Chalet Hotels: Sanjay Sethi

“We have actually been able to report 46.4% EBITDA margin on a consolidated basis whereas the hospitality part of the business recorded 47.6% EBITDA margin which is extremely healthy by any benchmark,” says Sanjay Sethi, MD & CEO, Chalet Hotels.Congratulations a stellar quarter, was not expecting anything different as well. With strong growth having said … Read more

We are focussed on growing our export market: Sunil Srinivasan Chari, Rossari Biotech

We are focussed on growing our export market: Sunil Srinivasan Chari, Rossari Biotech

“Yes, our quarter-on-quarter growth in HPPC continues to remain strong and we have covered up any loss of customer sale. In terms of margins, if you see consecutively in the entire group, we have been able to increase gross margins and EBITDA margins quarter-on-quarter for the last three quarters,” says Sunil Srinivasan Chari, MD, Rossari … Read more

‘Fake EBITDA’ masks risk in debt-laden companies

‘Fake EBITDA’ masks risk in debt-laden companies

During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline. Ebitda, which stands for earnings before interest, taxes, depreciation and amortization — a figure that’s akin to a company’s cash flow and, thus, its ability to pay its debts — was instead mocked as a … Read more

Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated information

Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated information

New Delhi: The IPO of tech hospitality startup Oyo, which was earlier expected to be launched in the first half of 2023, will now likely be delayed another quarter, as Securities and Exchange Board of India (SEBI) has written back to the company asking it to update additional sections in its Draft Red Herring Prospectus … Read more

India Inc’s EBITDA margin shrank in Q3; first YoY decline in 12 quarters: CRISIL

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Corporate India is facing a year-on-year decline in its EBITDA margin for the first time in 12 quarters amid soaring input costs, data from CRISIL Research suggests Data shows that earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin, which is perceived as corporate profitability is likely to have dropped 100-120 bps year-on-year and 70-100 … Read more

Tata Motor’s cost focus means little when chips are scarce

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In the last three months, Tata Motors has underperformed the BSE Auto index with headwinds emerging from the supply side. Synopsis The focus on cost control can be gauged from the fact it saved 150 million at JLR, by curbing variable marketing expenses and implementing a 10% reduction per car in vehicle cost. In the … Read more