The domestic equity barometers ended with decent gains after a volatile session on Tuesday, February 8, 2021. The barometer S&P BSE Sensex added 187.39 points or 0.33% to 57,808.58. The Nifty 50 index gained 53.15 points or 0.31% to 17,266.75. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Wednesday, February 9, 2022. List of such stocks:

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Q3FY22 Earnings

Bharti Airtel: The telecom major has reported a 26.8% QoQ decline in the consolidated profit at Rs 830 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 1,134 crore posted in the previous quarter ended September 30, 2021. Revenue from operations grew 5.4% QoQ to Rs 29,867 crore against Rs 28,326 crore posted in the September 2021 quarter. EBITDA stood at Rs 14,703 crore, up 6.5% from Rs 13,819 crore posted in the previous quarter. The EBITDA margin grew marginally to 49.2% in Q3FY22 against 48.8% posted in Q2FY22. Airtel's average revenue per user (ARPU) was Rs 163 for the third quarter, up from Rs 153 in the previous quarter. The company has reported an exceptional gain of Rs 722 crore last quarter. The full impact of the revised mobile tariffs will be visible in the fourth quarter. Enterprise, Homes and Africa business continue to deliver strong, with a steady increase in contribution to the overall mix of the portfolio. 

Bata: The footwear retail company has reported a 177.7% YoY rise in the consolidated profit at Rs 73.3 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 26.4 crore in the corresponding quarter last year. The company's revenue from operation grew 36.7% YoY to Rs 841.3 crore against Rs 615.6 crore posted last year. EBITDA grew 43.1% to Rs 168.6 crore against Rs 117.8 crore. Margins grew to 20% in Q3FY22 against 19.1% posted in Q3FY21. The company in a statement said that its revenues have reached the pre-Covid levels. Despite Uncertainty because of 3rd wave the company is optimistically looking forward to a faster recovery. 

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Indraprastha Gas: The natural gas distribution company Indraprastha Gas (IGL) has reported a 23% QoQ decline in the standalone profit at Rs 308.5 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 400.5 crore in the previous quarter ended September 30, 2021. Revenue from operations grew 21% QoQ to Rs 2,215.5 crore against Rs 1,831.2 crore posted in September 2021 quarter. EBITDA dropped by 11.4% QoQ to Rs 469.6 crore against Rs 530.2 crore posted in the previous quarter. Margins down to 21.2% in Q3FY22 from 29% posted in Q2FY22. Total volumes grew 22% YoY to 7.66 mmscmd against 6.26 mmscmd. CNG volumes up 26% YoY and PNG up 14% YoY.

Mahanagar Gas: Natural gas distribution company Mahanagar Gas (MGL) has reported a 72.2% QoQ decline in the profits at Rs 56.8 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 204.3 crore in the previous quarter ended September 30, 2021. Revenue from operation grew 23.8% QoQ to Rs 1,027.8 crore against Rs 830.1 crore posted in the previous quarter. EBITDA down 65.8% to Rs 103.1 crore in the reported quarter against Rs 301.8 crore posted in the September 2021 quarter. Margins down to 10% in Q3FY22 against 36.4% posted in Q2FY22. 

- Total volumes Up 5.73% YoY 

- CNG Volumes Up 7.06% YoY 

- PNG Volumes Up 2.42% YoY 

Gujarat Gas: The natural gas distribution company owned by Gujarat State Petroleum Corporation has reported a 51% QoQ decline in the net profit at Rs 122 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 249.1 crore in the previous quarter ended September 30, 2021. Revenue from operations grew 42.3% to Rs 5,144.4 crore against Rs 3,614.5 crore posted in the previous quarter. EBITDA down 43.6% QoQ to Rs 237.5 crore against Rs 421 crore posted in September 2021 quarter. Margins contracted to 4.6% in Q3FY22 against 11.7% posted in Q2Fy22. 

Volumes 

- Total Volumes Down 0.6%  

- CNG Volumes Up 39% 

- Industrial Volumes Down 8.2% 

- PNG Volumes Up 9.5% 

NMDC: Iron ore company National Mineral Development Corporation (NMDC) has reported a 6% YoY decline in the net profit at Rs 2,050 crore for the third quarter ended December 31, 2021. It had posted a profit of Rs 2,109 crore in the corresponding quarter last year. Revenue from operations grew 35% YoY to Rs 5,874 crore against Rs 4,355 crore posted last year. EBITDA fell 6% YoY to Rs 2,613 against Rs 2,768 posted in the year-ago quarter. MARGIN declined to 44.5% in Q3FY22 against 63.6% posted in Q3FY21. Royalty & other levies grew by 231% YoY to Rs 2,059 crore against Rs 622 crore posted last year. Average domestic realizations stood at Rs 5,914 crore against Rs 4,402 crore posted last year. 

JSPL: New Delhi-based Indian steel and energy company Jindal Steel and Power Limited (JSPL) has reported a 28% YoY decline in the consolidated profit at Rs 1,617 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 2,255 crore posted in the corresponding quarter last year. Revenue from operations grew 35% YoY to Rs 12,525 crore against Rs 9,281 crore posted last year. EBITDA stood at Rs 3,310 crore, down 16% YoY from Rs 3,923 crore posted in December 2020 quarter. MARGIN contracted to 26% in Q3FY22 against 42% posted in Q3FY21. 

IRCTC: State-owned Indian Railway Catering and Tourism Corporation (IRCTC) has reported a 167.4% YoY rise in the profits at Rs 208.8 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 78.1 crore in the corresponding quarter last year. Revenue from operations grew 141.2% YoY to Rs 540.2 crore against Rs 224 crore posted last year. EBITDA grew 194.8% YoY to Rs 279.2 crore against Rs 94.7 crore posted last year. Margins grew to 51.7% in Q3FY22 against 42.3% posted in Q3FY21. Besides, the company also declared an interim dividend of Rs 2 per share on equity shares for the financial year 2021-22. It has fixed February 18, 2022, as the record date for the purpose of payment of interim dividend.

Data Patterns: The vertically integrated Defence and Aerospace electronics solutions provider has reported a consolidated profit of Rs 8.96 crore for the quarter ended December 31, 2021, against a consolidated loss of Rs 4.4 crore posted in the corresponding quarter last year. Revenue from operations grew 95.6% YoY to Rs 43.84 crore against Rs 22.41 crore posted last year. EBITDA stood at Rs 15.59 crore, jumped 3217% YoY from Rs 0.47 crore posted last year. The margin contracted to 35.56% in Q3FY22 against 2.10 % posted in Q3FY21. 

JK Paper: One of the leading paper manufacturing companies in India JK Paper has reported a 132.3% YoY rise in the consolidated profit at Rs 151 crore for the quarter ended December 31, 2021, against Rs 65 crore posted in the corresponding quarter last year. Revenue from operations grew 37.4% YoY to Rs 1,024 crore against Rs 745 crore posted last year. EBITDA stood at Rs 252 crore, up 61.5% YoY from Rs 156 crore posted last year. The margin improved to 24.6% in Q3FY22 against 20.9% posted in Q3FY21. Besides, the board has approved to raise upto Rs 100 crore via NCDs.

BSE Ltd.: Leading stock exchange BSE has reported an 87.7% YoY jump in consolidated profit at Rs 61 crore for the quarter ended December 31, 2021. It had posted a net profit of Rs 32.5 crore in the same quarter of the preceding fiscal. Revenue from operations grew 59.9% YoY to Rs 193 crore against Rs 121 crore posted last year. EBITDA stood at Rs 57.5 crore, up 1,816.7% YoY from Rs 3 crore posted last year. The margin improved to 29.8% in Q3FY22 against 2.5% posted in Q3FY21. Besides, the board has approved bonus at the ratio of 2:1, i.e., 2 Equity Shares for every 1 Equity Shares held. 

Redington (India) Ltd.: The company has reported a 94.4% YoY rise in the consolidated profit at Rs 397 crore for the quarter ended December 31, 2021, against Rs 204.2 crore posted in the corresponding quarter last year. Revenue from operations fell 2.2% YoY to Rs 16,600.7 crore against Rs 16,980.8 crore posted last year. EBITDA stood at Rs 525.25 crore, up 23.85% from Rs 424.1 crore posted last year. Margins grew to 3.2% in Q3FY22 against 2.5% posted in Q3FY21.

IPO Update

Vedant Fashions IPO: The Rs 3,150 crore initial public offering (IPO) of Vedant Fashions Limited, owner of ethnic wear brand Manyawar closed with 2.57 times subscription on Tuesday. The portion reserved for Qualified Institutional Buyers (QIBs) was subscribed 7.49 times, while the Non Institutional Investors portion and Retail Individual Investors (RIIs) were subscribed 7.07 times and 0.39 times, respectively. The company has fixed a price band of the issue at Rs 824-866 per equity share. A retail investor will be able to apply for the IPO in lots and one lot will comprise 17 shares of the company. The issue is complete an offer for sale (OFS) in which the company’s promoter and existing shareholders will sell 3.64 crore shares.

Stocks in News

Vedanta + BPCL:  Mining major Vedanta Ltd on Tuesday completed its reorganisation review and said it has dismissed the plans to rejig its corporate structure. There will be no demerger or spin-off of its existing businesses. Besides, Anil Agarwal-led Vedanta Ltd's bidding for BPCL is at the EOI stage. BPCL will be acquired under the profit-sharing model or management fees model. There will be a separate fund for BPCL, there will be no additional pressure on Vedanta's balance sheet. In addition, the company has plans to invest upto $500 million in the next 2-3 years in the LCD glass business. 

Lupin: Global pharma major Lupin has announced that it has received approval from the United States Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA), Arformoterol Tartrate Inhalation Solution 15 mcg (base)/2ml, Unit-dose Vials to market a generic equivalent of Brovana Inhalation Solution, 15 mcg /2 ml of Sunovion Pharmaceuticals Inc. (Sunovion). Arformoterol Tartrate Inhalation Solution (RLD: Brovanas Inhalation Solution) had estimated annual sales of USD 251 million in the U.S. (IQVIA MAT December 2021).

Krsnaa Diagnostics: The company has been awarded a Tender for the Development, Operation and Maintenance of the Radiology Imaging Diagnostic Centre in The Government Multi Speciality Hospital, Sector - 16, Chandigarh (GMSH-16) on a Public-Private Partnership (PPP) basis from the Health Department of Chandigarh. The initial tenure for the contract is five years and is extendible for a further period of five years. Besides, the Department of Medical Health & Family Welfare Government of Uttar Pradesh has awarded a tender for providing CT scan services in the 8 district hospitals in the state. The initial tenure for the contract is seven years and is extendible for a further period of three years.

Suven Pharmaceuticals Ltd (SPL): The Hyderabad headquartered drug firm on Tuesday decided to evaluate the acquisition opportunity of Casper Pharma Pvt Ltd (CPPL). Casper Pharma is into the business of contract research and manufacturing services (CRAMS). 

Emami Ltd: The buyback of the company's fully paid equity shares for an aggregate amount of Rs 162 crore will open today and close on August 8, 2022. The buyback price has been fixed at Rs 550 per share. The maximum number of equity shares proposed to be bought back would be 29.46 lakh shares. 

PCBL Ltd: The company's Board of Directors is scheduled to meet today to consider the proposal of share split along with the results. 

Gulf Oil Lubricants: The company's Board of Directors is scheduled to meet today to consider the proposal of Buyback along with the results. 

FDC: The company's Board of Directors is scheduled to meet today to consider the proposal of Buyback along with the results.