Analysis of results declared on the 28th July 2020
SUPER
Tata Coffee
Sales up 26%, EBIDTA up 40%, PAT up 62%
Ebidta margins at 18.8% vs 16.9%
21x TTM P/E
Hexaware (big beat on Rev and Margins)
Sales up 2% QoQ, EBIDTA up 16% QoQ
CC Rev dn 0.9% vs est of 7% decline
EBIT margin up 140bps QoQ to 13.2% (vs. IIFLe at 10.6%)
Management stated that 2Q is the bottom & expects growth in 3Q/4Q
Delisting process is undergoing
De-listing vs. re-rating
15x FY21e EPS
GOOD
Sanofi India
Sales down 5%, EBIDTA up 12.2%, PAT up 40%
36x TTM P/E
InfoBeans Tech.
Sales up 6% QoQ, EBIDTA up 79% QoQ, PAT at 8 cr vs 2 cr
10x TTM P/E
Weak
NIIT Tech (Coforge)
6.8% QoQ decline in cc revenue
EBIT margins down ~230bps QoQ to 11.6%
PAT impacted by impairment of account receivables of ~Rs 18 cr during the quarter
Travel vertical down 31.6% QoQ, contributes ~20% to sales
23xFY21e EPS (not a cheap stock)
Yet strong outlook for Sep’20 quarter and FY21
Castrol
Sales down 53%, EBIDTA down 66%, PAT down 64%
14.5x TTM P/E
Orient Cement
Sales down 40%, EBIDTA down 34%, PAT down 55%
24x TTM P/E
HealthCare Global Enterprises
Sales up 5%, EBIDTA up 12%, net loss still at 44 cr vs loss at 9 cr
Total exp at 312 cr vs 265 cr
Quess Corp
Sales flat, EBIDTA down 12%, PAT down 37%
One time covid hit of 6 cr and lockdown-related losses in Excelus and Digicare of 21cr
CG issues more imp than numbers in this co
PHUUUUS
Greenlam Ind
Sales down 45%, EBIDTA down 75%, net loss at 8 cr
25x TTM P/E
Tinplate Co.
Sales down 32%, EBIDTA down 78%, reports net loss
15x TTM P/E
Automobile Corp of Goa
Sales at 9 cr vs 122 cr; eBIDTA Loss at 9 cr vs profit
HT Media
Sales down 70%, EBIDTA loss of 102 cr vs ebidta profit at 41 cr
Elantas Beck
Sales down 57%, EBIDTA down 92%, PAT down 63%
Mirza Int march numbers declared
Disclaimer:-Data for education purpose only, use your own discretion. Views on results may wary as per individual analysis.
