Informist, Friday, Apr 21, 2023
By Rajesh Gajra
MUMBAI – Operating in the shadow of weak macros worldwide and collapse of some banks in the US, Indian companies from the Nifty 200 universe are likely to have found the going challenging in the March quarter. Most companies in the Nifty 200 pack are likely to have seen demand slowing down, prices under pressure, and profits contracting or subdued.
In Jan-Mar, the total of net profit of Nifty 200 companies is likely to have gone up by 8% on year while the aggregate revenue from operations is estimated to have increased 11%, according to an average of estimates by 18 brokerage firms. Sequentially, the Nifty 200 companies are likely to have recorded an 18% rise in net profit even as revenue is expected to be up by just 3%.
These estimates by analysts of major brokerage firms point to a depressing scenario by and large with exceptions to the trend being select oil and gas companies, hotels, banks, and companies from travel and tourism, and automobile sectors.
TURBULENCE
Even though there are mixed views on the quantum of drag corporate profits would have come under in Jan-Mar, the fact that they would likely be far away from robust is not disputed by any analyst.
According to brokerage Nuvama Institutional Equities, if oil and marketing companies are removed from the list, the story would largely be same–earnings under duress. "Metals and cement are likely to post another quarter of contraction, and apart from them, profits are likely to slow down for industrials, and remain weak for durables," the brokerage said in its Jan-Mar earnings preview of companies from its coverage universe.
This turbulence is also visible in the analyst estimates compiled by Informist for Nifty 200 companies. Seven metal companies, for instance, are seen reporting a 7% on-year fall in their aggregate topline. Their aggregate net profit is seen diving 56% on year.
Worst affected among the metal companies as per the estimates are heavyweights like Tata Steel Ltd, Vedanta Ltd, and Hindalco Industries Ltd. Brokerage Axis Securities counts weak selling prices, reset of annual contracts during the quarter, and the fear of a slowdown in world economies as the factors afflicting the metal sector's earnings performance in Jan-Mar.
Cement companies' topline is not seen hit but their bottomline is seen sharply lower. The aggregate sales estimates for seven cement companies are seen rising 14% on year while the net profit is likely to fall 27%. Brokerage ICICI Direct expects aggregate volume of cement companies in its universe to register a 9.3% on-year increase in Jan-Mar but the sales realisation is seen affected by just 2% increase in cement prices.
Different factors pulling engineering and capital goods companies in the March quarter would have likely led to a mixed performance among them. While Larsen & Toubro Ltd and Hindustan Aeronautics Ltd are seen reporting revenue growth in low single-digit numbers, Cummins India Ltd and Honeywell Automation Ltd are seen posting revenue growth on year in the 23-25% range. On the aggregate, seven companies from the sector are likely to have recorded a revenue increase of 7% on year and flat on quarter.
Even finance companies are likely to have followed the same path. The bottomlines of Bajaj Finance Ltd, Bajaj Finserv Ltd, L&T Finance Holdings, and Shriram Finance Ltd are seen rising 21-61% on year while those of Life Insurance Corporation of India, LIC Housing Finance Ltd, Muthoot Finance Ltd, and SBI Cards and Payment Services Ltd, are seen in the red. On the aggregate, their bottomline growth would likely come in at 6% while topline growth will likely have been double of that.
The sector's margins outlook for the March quarter by some analysts is upbeat. Brokerage Prabhudas Lilladher sees them as stable "as strong disbursements and yield transmission cushion rising cost of funds."
STANDING OUT
Automobile sector companies in Nifty 200 are seen reporting strong earnings numbers. The aggregate sales of 18 companies from the sector would likely have gone up by 27% on year and their aggregate net profit nearly doubled.
"The Indian automobile sector has seen a significant demand improvement (during Jan-Mar) with most categories witnessing encouraging traction on a YoY (on year) basis, led by double-digit volume growth, in the PV/CV (passenger and commercial vehicles) segment," said Axis Securities.
Fast moving consumer goods sector would likely have seen consumer demand become circumspect in the rising inflation environment, but would still manage to post reasonable growth numbers. The aggregate sales of 14 FMCG companies are likely to rise 11% on year and net profit is seen rising 14% on year. However, sequentially, the earnings are expected to disappoint with the sales up by just 2% and net profit down by 3%.
The decent earnings numbers of the sector would be influenced by heavyweight Hindustan Unilever Ltd whose sales is estimated to rise 16% on year and net profit seen up 11%. Sequentially, HUL's sales are seen up by just 2% and net profit up by just 3%.
Banks will likely to fare better than their peers from non-banking financial sector with a 33% on-year jump in aggregate net profit of 16 banks from the Nifty 200.
THE ROAD AHEAD
Analysts are sure that 2023-24 (Apr-Mar) will pan out differently compared with 2022-23 but differ on the contours. Nuvama Institutional Equities sees a risk to consensus expectation among analysts of a strong profit growth in 2023-24. Demand deterioration is broadening from exports to some segments of domestic consumption, and this shall eventually weigh on credit growth and capital expenditure by companies, it said.
Axis Securities said it will be keenly watching management commentaries on demand and margins outlook for next one year.
Analysts expect inflationary pressures to affect consumer durable companies. Although automobiles demand is seen continuing to be decent, there are uncertainties on consumer spending if the inflation increases. Challenges are seen subsisting for metals, cement and chemicals sectors while there will likely be a diverse trend in companies in capital goods, pharma, and oil and gas sectors.
Following are the Jan-Mar consensus earnings estimates of companies that constitute the National Stock Exchange's Nifty 200 index. These estimates are based on reports compiled by Informist Media from 18 brokerage houses.
Company name
Sales
PAT
Sales
PAT
Sales
PAT
EBITDA
Result
No. of
——Average——-
—–(Y-o-Y)—–
—–(Q-o-Q)—–
Mln Rupees
date
brokerages
—–Mln Rupees—–
————–% Change————–
polled
AUTO
Apollo Tyres +
62,275
3,388
12
199
(3)
16
9,500
—
5
Ashok Leyland
117,329
8,088
35
(10)
31
124
12,470
—
8
Bajaj Auto
84,175
14,170
9
(4)
(7)
(5)
15,748
Apr 25
8
Balkrishna Industries
22,749
2,449
(4)
(34)
6
146
4,301
—
5
Bharat Forge
25,372
2,676
52
2
30
(7)
5,359
—
6
Bosch
39,528
4,601
19
31
8
44
6,171
May 10
1
Eicher Motors +
36,774
7,884
17
29
0
6
8,923
—
8
Escorts Kubota
21,860
1,901
17
(6)
(3)
2
2,003
May 10
3
Hero MotoCorp
82,939
7,460
12
19
3
5
10,059
May 4
8
M&M
220,577
17,649
29
37
2
16
28,254
—
6
Maruti Suzuki
325,464
26,318
28
43
17
12
34,377
Apr 26
8
Motherson Sumi Wiring India
18,058
1,327
9
186
8
25
2,119
—
2
MRF
57,978
2,585
11
65
5
53
6,724
—
2
Samvardhana Motherson International +
207,586
5,525
23
354
4
22
16,981
May 26
4
Sona Blw Precision Forgings +
7,293
1,118
33
7
8
4
1,971
—
1
Tata Motors +
1,042,360
42,507
34
N.A.
19
44
130,141
May 12
6
Tube Investments of India +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
TVS Motor Co
65,589
3,512
19
28
0
(0)
6,594
May 4
6
Total
2,437,904
153,158
27
99
12
22
Aviation
Interglobe Aviation
138,358
6,272
73
N.A.
(7)
(56)
56,058
—
5
Total
138,358
6,272
73
N.A.
(7)
(56)
BANK
AU Small Finance Bank*
11,930
3,893
27
13
3
(1)
N.A.
Apr 25
7
AXIS Bank*
120,432
10,040
37
(76)
5
(83)
N.A.
Apr 27
11
Bandhan Bank*
22,695
7,954
(11)
(58)
9
174
N.A.
—
7
Bank of Baroda*
112,957
40,662
31
129
4
6
N.A.
—
8
Bank Of India*
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Canara Bank*
89,636
31,117
28
87
4
8
N.A.
—
3
Federal Bank*
20,245
8,275
33
53
3
3
N.A.
May 5
10
ICICI Bank*
171,380
90,166
36
28
4
8
N.A.
Apr 22
11
IDFC First Bank*
34,785
6,589
30
92
6
9
N.A.
Apr 29
5
Indian Bank *
56,627
15,152
33
54
3
9
N.A.
—
3
IndusInd Bank*
47,355
20,290
19
49
5
4
N.A.
Apr 24
11
Kotak Mahindra*
59,516
29,664
32
7
5
6
N.A.
Apr 29
10
Punjab National Bank*
92,917
10,734
27
433
1
N.A.
N.A.
—
7
SBI*
394,480
151,410
26
66
4
7
N.A.
—
11
Union Bank Of India*
90,279
22,662
33
57
5
1
N.A.
—
3
YES Bank*
20,051
2,768
10
(25)
2
437
N.A.
Apr 22
2
Total
1,345,285
451,376
29
33
4
14
CEMENT
ACC +
47,044
2,921
9
(26)
4
158
5,399
Apr 27
7
Ambuja Cements
41,925
4,816
7
(3)
2
31
7,636
May 2
7
Dalmia Bharat +
38,800
3,904
15
47
16
91
8,024
Apr 25
4
Grasim Industries
65,138
3,437
2
(68)
5
34
7,247
—
2
Ramco Cements
21,617
880
27
(29)
9
31
3,088
—
4
Shree Cement
45,924
4,689
12
(27)
13
69
9,380
—
7
UltraTech Cement
185,264
17,350
22
(29)
23
75
32,526
Apr 28
5
Total
445,711
37,996
14
(30)
13
67
CHEMICAL
Astral +
15,362
1,584
10
12
21
70
2,476
—
3
Coromandel International +
55,021
3,295
30
14
(34)
(37)
5,242
—
2
Deepak Nitrite
19,283
2,317
157
62
136
105
3,464
—
2
Gujarat Fluorochemicals +
14,323
3,099
33
40
1
(6)
4,738
—
3
Navin Fluorine International
6,022
1,158
51
47
42
42
1,727
May 13
3
PI Industries
16,299
3,050
21
49
4
(14)
4,019
—
4
Tata Chemicals +
38,911
4,739
12
2
(6)
19
9,159
—
2
UPL +
173,103
15,233
9
10
27
40
38,603
—
3
Total
338,323
34,474
19
18
7
16
CONSUMER ELECTRICAL
Voltas +
29,602
1,714
12
(6)
49
N.A.
2,352
Apr 26
5
Whirlpool of India
17,530
1,083
9
36
50
908
1,565
—
3
Total
47,132
2,797
11
7
49
N.A.
DIVERSIFIED
Adani Enterprises +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Total
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
ELECTRICAL
Adani Power +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Bharat Electronics
65,198
11,115
5
(3)
61
86
15,531
—
4
Crompton Greaves Consumer Electricals
16,876
1,124
10
(38)
33
33
1,955
—
4
Dixon Technologies (India) +
29,671
604
0
(4)
23
16
1,284
—
3
Havells India
49,147
3,451
11
(2)
19
22
5,083
May 3
5
Polycab India +
42,671
3,799
7
18
15
6
5,212
—
3
Total
203,562
20,093
7
(3)
31
46
ENGINEERING – CAPITAL GOODS
BHEL
89,810
3,700
18
(59)
82
19
7,720
—
3
CG Power and Industrial Solutions +
17,123
1,607
14
44
(4)
(29)
2,266
May 8
1
Cummins India
18,323
2,578
25
36
(15)
(28)
2,953
—
4
Honeywell Automation India
8,249
850
23
17
(19)
(20)
992
—
2
Hindustan Aeronautics
120,543
29,108
4
(6)
113
152
32,446
—
2
L&T +
547,685
41,612
4
15
18
63
65,791
—
4
Siemens
42,765
3,947
25
20
19
(10)
5,203
—
4
Total
844,497
83,401
7
0
29
62
FINANCE
Aditya Birla Capital
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Bajaj Finance +*
67,878
29,337
41
21
15
(1)
N.A.
Apr 26
5
Bajaj Finserv +*
N.A.
17,073
N.A.
27
N.A.
(4)
N.A.
Apr 27
1
Bajaj Holdings & Investment*+
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
Apr 27
0
Cholamandalam Investment and Finance *
17,666
7,296
(60)
6
11
7
N.A.
May 3
6
HDFC Asset Management Co*
5,904
3,610
14
5
6
(2)
4,204
Apr 25
4
HDFC Life Insurance Co#
N.A.
3,917
N.A.
10
N.A.
24
N.A.
Apr 26
2
HDFC*
50,187
38,038
9
3
4
3
N.A.
May 4
7
Indian Railway Finance Corp *
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
L&T Finance Holdings *+
19,426
4,861
25
51
1
7
N.A.
Apr 28
3
LIC Housing Finance*
17,094
8,501
4
(24)
6
77
N.A.
—
4
Life Insurance Corporation of India *
N.A.
8,794
N.A.
(63)
N.A.
(86)
N.A.
—
1
M&M Financial Svcs*
16,526
6,275
10
4
2
(0)
N.A.
Apr 28
5
Max Financial Services*
N.A.
2,655
N.A.
N.A.
N.A.
4,872
N.A.
May 12
1
Muthoot Finance*
17,951
9,422
4
(2)
5
4
N.A.
—
6
One 97 Communications +
24,303
(3,073)
58
N.A.
18
N.A.
(2,480)
—
1
PB Fintech +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Poonawalla Fincorp +
3,325
1,507
(35)
26
(52)
(17)
N.A.
Apr 26
1
Power Finance Corp*
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
REC*
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
SBI Cards And Payment Services
11,296
5,774
13
(1)
(1)
13
N.A.
—
5
SBI Life Insurance Co#
N.A.
7,320
N.A.
9
N.A.
141
N.A.
Apr 26
2
Shriram Finance*
43,395
18,154
72
67
7
2
N.A.
—
4
Total
294,952
171,503
12
6
6
(20)
FMCG
Britannia Industries +
40,279
4,949
15
30
(2)
(47)
7,133
—
6
Colgate Palmolive
13,428
2,852
4
(12)
5
17
4,150
—
7
Dabur India +
23,365
3,580
(7)
22
(23)
(25)
4,499
May 4
7
Godrej Consumer +
32,114
4,373
11
20
(10)
(20)
5,986
—
4
Hindustan Unilever
153,291
25,779
16
11
2
3
36,573
Apr 27
7
ITC
167,768
48,998
9
17
4
(3)
62,495
—
7
Jubilant Foodworks
12,861
665
11
(43)
(2)
(25)
2,181
—
6
Marico +
22,180
2,748
3
9
(10)
(16)
3,868
May 5
6
Nestle India
44,787
6,849
13
15
6
9
8,719
Apr 25
7
Procter Gamble Hygiene
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Tata Consumer Products +
34,986
2,403
10
10
1
(34)
4,671
Apr 25
5
United Breweries
18,133
1,198
6
(26)
13
N.A.
1,989
—
2
United Spirits
23,834
1,767
(2)
30
(14)
60
2,904
—
3
Varun Beverages +
36,038
3,832
27
51
63
413
7,416
May 2
6
Total
623,063
109,992
11
14
2
(3)
HEALTHCARE
Apollo Hospitals +
43,756
1,989
23
121
3
30
5,306
—
4
Fortis Healthcare +
16,224
1,372
18
703
4
6
2,995
—
2
Max Healthcare Institute +
15,015
2,828
60
129
32
27
4,171
—
2
Total
74,994
6,188
28
168
8
22
HOTELS
Devyani International +
7,543
359
28
(53)
(5)
(50)
1,490
—
4
Indian Hotels Co +
15,620
2,887
79
289
(7)
(25)
5,030
—
3
Total
23,163
3,246
58
116
(6)
(29)
IT
Coforge +
21,706
2,622
25
26
6
15
4,003
Apr 27
10
HCL Tech +
266,406
38,335
18
7
(0)
(6)
57,470
Apr 20
13
Info Edge India
5,669
1,878
24
56
2
N.A.
2,148
—
3
LTIMindtree +
88,448
11,763
106
85
3
18
15,667
Apr 27
13
L&T Technology Services +
20,729
3,072
18
17
1
1
4,417
Apr 26
7
Mphasis +
35,188
4,153
7
6
0
1
6,179
Apr 27
7
Oracle Financial Services Software +
22,670
2,790
78
(42)
56
(36)
3,550
Apr 26
1
Persistent Systems +
22,497
2,729
37
36
4
15
4,158
Apr 24
7
Tata Elxsi
8,480
1,940
24
21
4
(0)
N.A.
—
1
Tech Mahindra +
138,308
13,080
14
(13)
1
1
20,379
Apr 27
13
Wipro +
235,299
31,673
13
3
1
4
44,677
Apr 27
12
Total
865,399
114,037
22
7
2
2
LOGISTICS
Container Corp
20,523
2,874
0
12
3
(3)
4,559
—
5
Delhivery +
16,690
(119)
(19)
N.A.
(8)
N.A.
2,643
—
4
Total
37,213
2,755
(10)
101
(2)
173
MEDIA
Sun TV Network
8,361
3,899
0
(4)
(2)
(6)
5,242
—
4
Zee Entertainment +
20,337
840
(12)
(54)
(4)
245
2,084
—
6
Total
28,697
4,738
(9)
(19)
(3)
8
METAL
Hindalco Industries +
556,299
20,994
(0)
(45)
5
54
52,364
—
5
Hindustan Zinc
86,466
23,969
0
(18)
13
11
41,178
Apr 21
2
Jindal Steel & Power +
131,069
11,365
(9)
(25)
5
119
76,848
—
4
JSW Steel +
451,834
20,115
(2)
(38)
17
311
64,533
May 19
5
Steel Authority of India
294,127
13,363
(4)
(45)
17
188
34,862
—
6
Tata Steel +
598,143
8,979
(13)
(91)
5
N.A.
56,612
May 2
6
Vedanta +
340,548
30,724
(13)
(47)
1
25
85,493
—
2
Total
2,458,486
129,508
(7)
(56)
8
148
OIL & GAS
Adani Total Gas+
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Adani Wilmar +
160,117
3,021
970
29
937
23
5,924
—
1
BPCL
1,131,713
50,547
9
112
(5)
158
79,836
—
8
GAIL
312,204
12,095
16
(55)
(12)
392
17,469
—
8
Gujarat Gas
37,666
2,796
(19)
(37)
(1)
(25)
4,617
—
7
Hindustan Petroleum
1,024,832
22,027
5
23
(6)
1,177
40,266
—
7
Indian Oil Corp
1,859,654
62,828
5
4
(9)
1,302
105,283
—
8
Indraprastha Gas
36,920
3,738
53
3
(1)
34
5,205
—
8
NMDC
57,280
16,090
(15)
(11)
54
81
20,765
—
4
Oil India
54,605
16,472
22
1
2
(6)
26,857
—
5
ONGC
361,570
107,649
5
22
(6)
(3)
197,499
—
7
Petronet LNG
148,321
8,427
33
12
(6)
(29)
12,765
—
6
Reliance Ind +
2,163,849
174,049
4
7
(0)
10
370,504
Apr 21
6
Total
7,348,730
479,737
8
11
(3)
40
PAINT
Asian Paints +
87,575
11,395
11
34
2
6
17,029
May 11
7
Berger Paints India +
78,998
2,342
261
6
193
17
3,853
—
4
Pidilite Industries +
27,764
3,252
11
28
(7)
7
4,999
May 8
5
Total
194,337
16,989
54
28
36
8
PHARMA
Abbott India
13,870
2,540
11
20
5
3
3,210
—
1
Alkem Laboratories +
28,401
3,102
14
188
(7)
(32)
4,438
—
2
Aurobindo Pharma +
63,686
5,370
10
(32)
(0)
9
10,031
—
4
Biocon +
36,327
1,495
51
(37)
24
N.A.
8,302
—
3
Cipla +
56,264
6,290
8
74
(2)
(40)
10,852
May 12
5
Divi's Laboratories
18,105
3,452
(27)
(61)
7
11
5,002
—
3
Dr Lal Pathlabs +
5,150
635
6
4
5
20
1,266
—
2
Dr. Reddy's Lab +
61,491
9,746
13
905
(9)
(22)
15,583
May 10
5
Gland Pharma +
9,874
2,409
(10)
(16)
5
4
3,029
—
3
IPCA Laboratories
14,608
1,030
25
(7)
2
(14)
1,980
—
2
Laurus Labs +
15,265
2,043
7
(11)
(1)
1
3,728
Apr 27
1
Lupin +
42,233
1,896
9
N.A.
(1)
24
5,141
—
5
Piramal Enterprises +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Sun Pharma +
108,366
18,399
15
N.A.
(2)
(16)
27,397
—
4
Syngene International
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
Apr 26
0
Torrent Pharma +
24,406
3,217
16
N.A.
(1)
33
7,244
—
4
Zydus Lifesciences +
37,122
5,592
(4)
68
(15)
(10)
8,687
—
4
Total
535,166
67,214
10
697
(2)
(11)
PORT
Adani Ports and SEZ +
49,091
15,789
28
54
3
20
30,128
—
2
Total
49,091
15,789
28
54
3
20
POWER & ENERGY
ABB India
22,815
1,580
17
(58)
(5)
(48)
1,998
May 3
5
Adani Green Energy +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Adani Transmission +
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Coal India +
294,726
51,627
(2)
(23)
(9)
(33)
65,076
—
4
JSW Energy +
23,631
2,989
(3)
(78)
5
66
7,420
—
2
NHPC
16,540
5,769
10
3
(27)
(26)
7,555
—
2
NTPC
404,559
48,619
23
(14)
(2)
9
120,452
—
4
Power Grid
116,099
40,260
14
(7)
8
9
101,889
—
4
Tata Power +
144,259
10,921
21
117
2
16
20,801
May 4
3
Torrent Power +
50,539
6,739
35
N.A.
(22)
(2)
13,588
—
1
Total
1,073,167
168,503
13
(11)
(4)
(11)
REALTY
DLF +
14,043
3,998
(9)
(1)
(6)
(23)
3,977
—
2
Godrej Properties +
9,809
3,288
(26)
26
400
460
2,777
—
2
Oberoi Realty +
11,392
3,833
38
65
(30)
(45)
5,029
—
2
Prestige Estates +
24,086
1,820
0
(81)
4
42
6,061
—
2
Total
59,329
12,937
(3)
(30)
5
(8)
RETAIL
Aditya Birla Fashion
27,351
(1,215)
25
N.A.
(19)
N.A.
2,617
—
5
Avenue Supermarts
106,323
5,008
24
7
(6)
(22)
8,235
—
6
Bata India
7,735
582
16
(7)
(14)
(30)
1,709
—
4
FSN E-Commerce Ventures +
12,940
(4)
33
N.A.
(12)
N.A.
667
—
2
Page Industries
11,580
1,306
4
(31)
(5)
6
2,026
—
5
Titan Co
89,789
7,210
33
47
(14)
(24)
10,632
May 3
5
Trent
20,236
638
71
(15)
(7)
(60)
2,288
Apr 27
5
Zomato +
21,225
(3,466)
75
N.A.
9
N.A.
(3,519)
—
3
Total
297,181
10,058
31
2
(9)
(40)
TELECOM
Bharti Airtel +
356,309
24,966
13
24
(0)
57
183,234
—
6
Indus Tower +
67,894
12,105
(5)
(34)
0
N.A.
34,967
Apr 26
2
Tata Teleservices (Maharashtra)
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
Apr 24
0
Vodafone Idea +
105,616
(79,877)
3
N.A.
(0)
N.A.
41,625
—
4
Total
529,819
(42,806)
8
N.A.
(0)
N.A.
TEXTILE
SRF +
37,007
5,421
6
(10)
10
6
9,073
—
4
Trident
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
—
0
Total
37,007
5,421
6
(10)
10
6
TRAVEL & TOURISM
IRCTC
9,680
2,638
40
23
5
3
3,433
—
2
Total
9,680
2,638
40
23
5
3
Grand Total
20,340,246
2,068,013
11
8
3
17
EARNINGS DECLARED SO FAR
Company name
Sales
Informist
PAT
Informist
EPS
Result
estimates
estimates
(in Rs)
Date
HDFC Bank*
233,518
236,380
120,475
121,300
21.49
Apr 15
ICICI Lombard General Insurance Co#
40,473
N.A.
4,370
3,490
8.89
Apr 18
Infosys +
374,410
388,607
61,280
66,459
14.77
Apr 13
TCS +
591,620
594,728
113,920
115,402
31.14
Apr 12
Tata Communications +
45,687
45,836
3,260
3,343
11.44
Apr 19
Note:
+ Consolidated Figure
* Net interest Income
# Net premium income
Y-o-Y: Year-on-Year
Q-o-Q: Quarter-on-Quarter
N.A.: Not Available
Rs: Rupees
Estimates from:
Anand Rathi Share and Stock Brokers Ltd, Axis Securities, BNP Paribas, Elara Capital, Emkay Global Financial Services Ltd, HDFC Securities Ltd, ICICI direct.com Research, ICICI Securities Ltd, IDBI Capital Market Services Ltd, Jefferies Group, Kotak Institutional Equities, Motilal Oswal Securities Ltd, Nirmal Bang Equities Pvt Ltd, Nuvama Wealth Management Ltd, PhillipCapital (India) Pvt Ltd, Prabhudas Lilladher Pvt Ltd, Sharekhan Ltd and YES Securities (India) Ltd.
End
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