Q4 earnings: Rallis India and Tata Elxsi share prices soar after result announcements; Cyient flat

Rallis India, Cyient and Tata Elxsi have reported extraordinary Q4 results and this has given a boost to their share prices too, much to investors' delight. Find out how well they have excelled in terms of top and bottom line and what impact the share price has seen. 

Rallis India: 

The chemical manufacturing company, Rallis India has reported 11 times YoY jump in the consolidated profit at Rs 8 crore in the quarter ended March 31, 2021. It had posted a net profit of Rs 0.7 crore in the same quarter last year.  

Consolidated revenue of Rallis India grew 36.1 per cent to Rs 471 crore in the March-ended quarter as compared to Rs 346 crore posted in the same quarter last year. Whereas, EBITDA stood at Rs 18 crore against a negative EBITDA of Rs 10 crore posted last year.  

Besides, the board has recommended a dividend of Rs 3 per share. 

Rallis India is currently trading half a per cent higher at Rs 283 per share intraday. The stock in the last five days’ period has grown almost seven per cent. It had opened day’s high at Rs 291 apiece. 

Cyient:  

The digital engineering and technology company, Cyient has reported an eight per cent QoQ rise in the consolidated profit at Rs 103 crore for the quarter ended March 31, 2021 (Q4FY21). It had posted a net profit of Rs 95.4 crore in the quarter ended December 31, 2020 (Q3FY21).  

Cyient reported a consolidated revenue increase by 4.7 per cent to Rs 1,093 crore in the reported quarter against Rs 1,044 crore posted in the previous quarter.  

In dollar terms, the Hyderabad-based company’s revenue grew six per cent to $15 crore against $14.15 crore posted in the previous quarter. Whereas, EBIT fell by 8.5 per cent to Rs 105.2 crore as compared to Rs 115 crore posted in the previous quarter.  

Similarly, the margins contracted to 9.6 per cent in Q4FY21 as against 11 per cent posted in Q3FY21.  

The digital engineering company’s stock has been trading in red at Rs 686 per share. It opened day’s high at Rs 710 apiece. With a volatile setup of trading, the stock has declined by one per cent in the last five day’s trading session. 

Tata Elxsi: 

The design and technology service provider across industries has reported a 13.1 per cent QoQ rise in consolidated profit at Rs 46.5 crore for the quarter ended March 31, 2021 (Q4FY21). It had reported a profit of Rs 41.1 crore in the quarter ended December 31, 2020 (Q3FY21).  

A Tata Group technology company’s consolidated revenue grew by 6.7 per cent to Rs 525 crore as compared to Rs 492 crore posted in the previous quarter. While, EBIT stood at Rs 163 crore, up 10.7 per cent from Rs 147.3 crore posted in the December quarter.  

The margins of the company improved as well by 31 per cent in Q4FY21 against 29.9 per cent reported in Q3FY21. Besides, the board has recommended a final dividend of Rs 24 per share for FY21 and a one-time special dividend of Rs 24 per share. 

The company has also recommended the appointment of Gaurav Bajaj as CFO Designate. 

Tata Elxsi’s shares are up around eight and a half per cent during today’s trade at Rs 3305 per share. In the last five sessions, the stock has extended gain by over 10 per cent.