Weekly Results Analysis
179 cos reported results last week
151 cos ex-bank and financials
Sales surge sequentially; Sales down 11% YoY, but up 27% QoQ
EBIDTA up 42% YoY, up 15% QoQ as well
Profit up 26% YoY, up 55% QoQ
Biggest bounce back seen in auto ancillary cos qoq sales
Subros, Pricol, ZF Steering, Bajaja Auto
Cos where sales have grown 20% YoY
Surprise name was Sagar Cements, Apollo Tricot, Indocount
CDSL reported v strong results
Cos which show sharp turnaround
JK Tyres
Vardhman Textiles
Kajaria Ceramics
Sector which show sharp turnaround
Steel show sharp turnaround in the preview week with Tata Steel BSL & Tata Steel Long Products
This week has to be cement & textile
Cement: Sagar Cement shines
Textile: Indocount was clearly the strongest but huge run-up already
Vardhman Textile saw sharp improvement sequentially
Any cos which reported growth in sales yoy & available at less than 20x?
Alembic Pharma
DCM Shriram
JK Tyre
And steel stocks like Tata Metaliks, JSW Ispat Speci.
Any good stock with cheap valuations
M-cap > 500 cr
Quarterly sales > 100 cr
Sales, EBIDTA & PAT growth yoy in 2Q = true
26 cos shortlisted
Cheapest name are commodities like tata metaliks 10x ttm pe, Huhtamaki PPL 15x ttm pe, Sagar Cement 21x ttm pe (big run up last week)
