Publisher : nirmalbang.com


United Breweries’ (UBBL) top-line growth in 4QFY19 was 11%, which was largely in line with our expectation.
May 22, 2019, 12:21 p.m.
Publisher: nirmalbang.com

Triveni Turbine (TTL) reported 4QFY19 consolidated revenues of Rs 2.4bn, down 2% YoY and marginally below our/consensus estimate of Rs 2.5bn each.
May 22, 2019, 12:15 p.m.
Publisher: nirmalbang.com

Cement volume grew 13% YoY to ~0.70mt including a small quantity of clinker sales (6,500tn) and export of 5,900tn in 4QFY19.
May 22, 2019, 12:14 p.m.
Publisher: nirmalbang.com

JK Cement (JKCE) reported a healthy set of numbers for 4QFY19, aided by a combination of grey cement realisation gain and volume growth.
May 22, 2019, 12:14 p.m.
Publisher: nirmalbang.com


We recently met with Mr. Shyam Srinivasan, CEO of Federal Bank (FBL) and gleaned incremental insight into the strategy of the company.
May 21, 2019, 12:22 p.m.
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