Author: Karan Sharma

Reading Time: 3 minutes Business updates from CSL Finance Concall Summary The provisioning is not specific to any particular account but in general due to the challenges being faced by the sector The management is shifting focus in SME segment towards the smaller loan segment The SME segment includes the secured and unsecured book in which the unsecured book […]

Reading Time: 2 minutes Participants ICICI Prudential Spark Capital Edelweiss Invesco Mutual Fund Motilal Oswal Phillip Capital HDFC Securities Nirmal Bang Concall Highlights V-Mart has a strong presence in Bihar, Uttar Pradesh, Jharkhand, Orissa, and Bengal. Migrant laborers in these states are returning from cities. They used to send money to their families which will come down The company […]

Reading Time: 2 minutes Business overview AUM at Rs 109,749 crores vs Rs 104,482 crores YoY; up 5.04%   Q4FY20 NII at Rs 1,917 crores vs Rs 1,902 crores YoY NIM for Q4FY20 was 6.76% vs 7.14% QoQ; full year NIM was 7.06% Participants Elara Emkay B&K Securities HDFC Securities DSP Mutual Fund DoorDarshi Advisors Concall Highlights India likely […]

Reading Time: 2 minutes Business Overview Disbursement for the quarter was Rs 347 crores as compared to Rs 465 crores in Q3FY20; the company disbursed Rs 605 crores in Q4FY19 Loan book at Rs 2,650 crores vs Rs 2,751 crores QoQ PAT at Rs 13.6 crores vs Rs 22.7 crores YoY Participants India Advisory HSBC Sundaram Mutual Fund SBI […]

Reading Time: 2 minutes Business Overview Consolidated Revenue for FY20 at Rs 3,453.55 crores, down 1.3% YoY FY20 PAT at Rs 545 crores, down 5% YoY Net worth at Rs 5,586 crores; Book value per share at Rs 66.41 Consolidated loan book stands at Rs 11,531 crores, down 18.3% YoY. Breakup: Wholesale mortgages- 70% (approx Rs 8000 crores, down […]

Reading Time: < 1 minute Business Overview (Standalone) NII at Rs 287 crores vs Rs 227 crores YoY; NIM at 12% vs 12% YoY Cost to income ratio at 36.7% vs 35.2% YoY PPOP – ex merger expenses at Rs 186 crores vs Rs 152 crores YoY Total Credit cost at Rs 140.7 crore in Q4FY20; COVID provision at Rs […]

Reading Time: 2 minutes Business Overview AUM at Rs 138,055 crores, up 7% YoY Opex to NII at 27.9% vs 35% YoY PAT at Rs 962 crores, down 19% YoY Net NPA at 0.5% vs 0.64% YoY Company has reversed interest income to the tune of Rs 220 crores from the interest capitalized during the moratorium period Participants ICICI […]

Reading Time: < 1 minute Participants Edelweiss Goldman Sachs Emkay Global Investec Dalal & Broacha Invesco Nippon Life Motilal Oswal Reliance Securities Investment Management Nirmal Bang Concall highlights Volume growth excluding Covid-19 would have been -6% for Q4 and flat for the full year Company has estimated impact of Rs 103 crores in March; Rs 87 crores on account of […]

Reading Time: 2 minutes Business Overview Revenue for the quarter at Rs 317 crores vs Rs 437 crores YoY PAT for the quarter at Rs 10 crore vs Rs 25 crore YoY ROCE for full-year improved to 25% as compared to 22% last year on account of improvement in working capital Inventory at Rs 451 crores vs Rs 527 […]

Reading Time: 3 minutes Business Update Export business would have had its best ever year in terms of volume growth but due to loss of business in lockdown the same could not be achieved Have spent Rs 95 crores on capex out of the outlined capex of Rs 100 crores Increasing production capacity at Valia plant to over 20000 MT Two […]

Reading Time: 2 minutes Business Update Segmental business Specialty chemical business has been the key growth driver and there was strong demand from export market for the products There was no demand related issue but logistic issues led to some delays till mid April from last week of March Health demand from agro and pharma sectors the business is […]

Reading Time: 2 minutes Business overview PAT at Rs 393 crore vs Rs 346 crore YoY ROAA at 6.3% vs 6.5% YoY ROAE at 28.3% vs 36.1% YoY Capital Adequacy Ratio at 24.4%; Tier 1 at 20.1% Card-in-force at 1.06 crore vs 88 lakh YoY, up 20% Receivables grew by 10% to Rs 23,330 crore Cost to Income ratio […]

Reading Time: 2 minutes Business updates The net borrowings stand at Rs 1179 crores The SARTANS market is quite stable and no single company has too big a market share The current quarter was an exceptional quarter for Europe & ROW business along with good performance in the API business The management expects growth in API business to continue […]

Reading Time: 2 minutes Participants: Equirus Edelweiss Phillip Capital Investec ASK Investment Kapoor & Company Goldman Sachs ICICI Prudential  Lucky Investment Banyan Capital Business Overview: Revenue at Rs 507 crore vs Rs 653 crore YoY Loss at Rs 19.5 crore vs PAT of Rs 5.5 crore YoY ConCall highlights: 74-75% counters are open (fully and partially) now; demand was […]

Reading Time: 2 minutes Business updates Have stopped production of Ranitidine because USFDA has found NDMA impurities increase in some formulations when stored at higher temperatures. This molecule contributes 7% of our overall sales Looking at a positive outlook from a customer who has started lifting API’s and things should look good from H2FY21 Have added nine newer markets […]

Reading Time: 3 minutes Business Updates  API segment contributed 89% of revenues and Formulation contributed 11% of the revenue For FY20, revenue contribution: Antibiotic: 44% Antiprotozoal: 15% Antifungal: 7% Antidiabetic: 10% Anti therapeutic: 10% Others: 14% Improvement in working capital led to reduced debt to equity ratio Further CAPEX is planned, to introduce newer products in anti-diabetic categories Participants […]

Reading Time: 2 minutes Business Overview Revenue at Rs 1,062 crores vs Rs 1,196 crores YoY EBITDA at Rs 238 crores vs Rs 232 crores PAT at Rs 150 crores vs Rs 137 crores Participants Credit Suisse Nippon Mutual Fund Marshmallow Capital Kotak PMS Care Portfolio Managers Banyan Tree Vallum Capital Concall Highlights Borrowing at the end of Q4FY20 […]

Reading Time: 2 minutes Business Update  Have merged Metahelix and Zero Waste within Rallis India There have been gradual resumption of operations in April but with reduced strength Have started manufacturing alcohol based hand sanitizers which have been distributed free of costs at hospitals and Tata Trusts Have utilised part of the shutdowns for annual maintenance activities at two […]

Reading Time: 2 minutes Business updates  The idea behind merger was to create a large consumer business by merging both companies and then make a foray into ancillary FMCG business There is a dedicated team working on four key pillars Looking at synergies Creating a sales & distribution structure How to leverage synergies and make it flow to the […]

Reading Time: 2 minutes Business update The Vietnam facility is operating normally without any interruptions Prices of both arabica and robusta variety were down during the quarter gone by but in March there was some price spike in Arabica prices The instant coffee business in India and Vietnam continues to do well The order book for the global market […]