Publisher : nirmalbang.com


NIM has contracted for KBL primarily on account of increase in share of large corporate loans, wherein there has been outsized focus on highly rated clients. Share of large corporate loans has increased 250 bps YoY to 48.7% of total loans.
May 16, 2019, 3:14 p.m.
Publisher: nirmalbang.com

Jubilant FoodWorks (JUBI) delivered another quarter of strong performance and profitability led by 6% samestore sales growth or SSG in 4QFY19.
May 16, 2019, 3:14 p.m.
Publisher: nirmalbang.com

Asirvad Microfinance saw its portfolio grow 58% YoY and its RoE now averages 29% over the last 4 quarters.
May 16, 2019, 3:13 p.m.
Publisher: nirmalbang.com

PNB Housing Finance (PNBHF) reported 4QFY19 results with the key pointers being: (1) Spread expanded 3 bps QoQ to 2.59% with cost of borrowings easing more than yield (2) Disbursements declined 8% QoQ to Rs 85.62bn with a view to maintaining liquidity.
May 10, 2019, 11:38 a.m.
Publisher: nirmalbang.com


HCL Technologies’ (HCLT) 4QFY19 revenue growth at 3.3% in constant currency (CC) terms was 70bps below our estimate but likely ahead of street estimate. However, its 4QFY19 EBIT margin of 18.9% was 140bps below our estimate.
May 10, 2019, 11:37 a.m.
Publisher: nirmalbang.com

KEC International (KEC) posted 5% YoY growth in revenues at Rs38.4bn in 4QFY19, below our and consensus estimates by 6% each.
May 9, 2019, 11:30 a.m.
Publisher: nirmalbang.com

Brigade Enterprises (BEL) reported earnings of Rs717mn in 4QFY19, up 21% QoQ. The earnings growth was driven by: 1) Revenue growth of 11% QoQ and 75% YoY.
May 9, 2019, 11:30 a.m.
Publisher: nirmalbang.com

Gillette India’s (GILL) earnings in 3QFY19 continued to display volatility and unlike the previous quarter, top-line delivery was somewhat short of expectation, especially on account of the oral care segment.
May 9, 2019, 11:30 a.m.
Publisher: nirmalbang.com

Sanofi India’s (SIL) revenues in 1QCY19 stood at Rs7,173mn, above our/consensus estimate by 2.9%/3.3%, respectively. Revenues grew 16.1% YoY and decreased 1.3% QoQ.
May 8, 2019, 11:13 a.m.
Publisher: nirmalbang.com

ICICI Bank (IBL) reported its 4QFY19 results with the key pointers being: (1) Gross slippage was Rs 35.47bn in 4QFY19 compared with an 8-quarter average of Rs 80.46bn till 4QFY18, indicating IBL continues to see a lower slippage regime.
May 7, 2019, 11:38 a.m.
Publisher: nirmalbang.com