Stocks in Focus on May 26: Thermax, Godawari Power, Laxmi Organics, SPARC, PNB Housing to Amara Raja Batteries; here are the 5 Newsmakers of the Day

Domestic stock markets on Tuesday, May 25, 2021, closed almost flat even as the global cues were positive. The Sensex fell 14.37 points to finish at 50,638 while the Nifty added 11 points to settle at 15,208. But certain stocks came in the news after the market was closed. These stocks can impact the indices, when it reopens on Wednesday, May 26, 2021. List of such five stocks:

Thermax + Godawari Power + Transport Corp + Anjani Portland

Thermax Ltd: It has reported a 175.2% YoY rise in the consolidated profit at Rs 107.4 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 39 crore in the corresponding quarter last year. Consolidated revenue grew 19% to Rs 1,574.5 crore for the reported quarter against Rs 1,323 crore. EBITDA grew 119.6% to Rs 139.6 crore as compared to an EBITDA of Rs 63.6 crore posted last year. Margin improved to 8.9% in Q4FY21 as against 4.8% reported in Q4FY20. The board has recommended a dividend of Rs 7 per share.

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Godawari Power & Ispat: The Iron Ore Company has reported a 788.4% YoY rise in the consolidated profit at Rs 304 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 34.2 crore in the corresponding quarter last year. Consolidated revenue from operations grew 59.8% to Rs 1,262.2 crore as compared to Rs 790.1 crore posted last year. EBITDA grew 214.7% to Rs 489.6 crore as compared to Rs 155.6 crore posted last year. The margin improved to 38.8% in Q4FY21 as against 19.7% posted in Q4FY20. The board has approved a dividend of Rs 13.5 per share.

Transport Corp of India:  It has reported an 81.2% YoY rise in the consolidated profit at Rs 65.5 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 36.2 crore in the corresponding quarter last year. Consolidated revenue grew 33.7% to Rs 892.7 crore as compared to Rs 667.8 crore posted last year. EBITDA grew 51.3% to Rs 88.6 crore compared to Rs 58.6m crores posted last year. The margin improved to 9.9% in Q4FY21 as against 8.8% reported in Q4FY20.

Anjani Portland Cement: It has reported a 202.50% YoY rise in the consolidated profit at Rs 24.2 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 8 crore in the corresponding quarter last year. Revenue grew 28.3% to Rs 130.5 crore as against Rs 101.7 crore posted last year. EBITDA grew 93.4% to Rs 34 crore from Rs 17.6 crore posted last year. The margin improved to 26% in Q4FY21 as compared to 17.3% posted in Q4FY20. The board has recommended a dividend of Rs 5 per share. 

Laxmi Organics + Lux Industries + StoveKraft + Polyplex Corp

Laxmi Organics: The chemical manufacturing company has reported a 256.9% YoY rise in the consolidated profit at Rs 36.4 crore for the quarter ended March 31, 2021. It had reported a profit of Rs 10.2 crore in the corresponding quarter last year. Consolidated revenue grew 34.4% to Rs 519.5 crore in the period under consideration as compared to Rs 386.5 crore posted last year. EBITDA grew 225% to Rs 63.7 crore as against Rs 19.6 crore posted last year. Margin improved to 12.3% in Q4FY21 as compared to 5.1% posted in Q4FY20. The board has recommended a dividend of 0.50 paise per share.

Lux Industries: The underwear company headquartered in Kolkata has reported a 118.3% YoY rise in the consolidated profit at Rs 90.6 crore for the quarter ended March 31, 2021. It had reported a profit of Rs 43 crore in the corresponding quarter last year. Consolidated revenue from operations grew 48.1% to Rs 596.1 crore in the reported quarter as compared to Rs 402.5 crore posted last year. EBITDA grew 90.1% to Rs 123.7 crore as compared to Rs 65.1 crore posted last year. The margin improved to 20.8% in Q4FY21 as compared to 16.2% reported in Q4FY20.

StoveKraft: It has reported a consolidated profit of Rs 19.2 crore for the quarter ended March 31, 2021, as compared to a consolidated loss of Rs 10.2 crore posted in the corresponding quarter last year. Revenue grew 52.9% to Rs 235.4 crore against Rs 154 crore posted last year. The EBITDA profit stood at Rs 25.2 crore against an EBITDA loss of Rs 1.4 crore reported last year. It posted a positive margin of 10.7% in Q4FY21 compared to a negative margin of 0.90% posted in Q4FY20.

Polyplex Corp: It has reported 9.5 times YoY jump in the consolidated profit at Rs 204.9 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 21.5 crore in the corresponding quarter last year. Revenue grew 8.8% to Rs 1,294.2 crore as compared to Rs 1,189.9 crore posted last year. EBITDA grew 194.1% to Rs 264 crore as compared to Rs 89.8 crore posted last year. The margin improved to 20.4% in Q4FY21 as compared to 7.5% reported in Q4FY20. Board has recommended a dividend of Rs 17 per share.

SPARC + Neuland + Cipla

Sun Pharma Advanced Research (SPARC): Mr. Dilip Shanghvi has tendered his resignation as the Managing Director of the Company with immediate effect, which was accepted by the Board. He will continue to be associated with the Board in his capacity as a non-executive director and Chairman of the Company.
Neuland Laboratories: Gets approval for Rotigotine CEP from the European Directorate for the Quality of Medicines (EQDM). Rotigotine CEP is a drug for the treatment of Parkinson's disease.
Cipla: Moderna is expecting to launch a single-dose COVID-19 vaccine in India next year. It is in talks with Cipla among other Indian firms to supply 5 crore doses of the vaccine.

PNB Housing: Punjab National Bank (PNB) and PNB Housing Finance have entered into a fresh trademark agreement under which in the event PNB’s shareholding in PNB Housing falls below 20%, PNB would have the right to terminate the revised Agreement. In case of such termination, PNB Housing shall be allowed a transition period of up to 24 months for a change of Brand name. PNB Housing will pay a royalty which is higher of 0.2% of Revenue and 2% of PAT subject to a minimum charge of INR 14.97 crore and a maximum charge of INR 30 crore. The royalty will be payable upon PNB’s stake falling below 30%.

Amara Raja + Anup Engineering + Schneider 

AMARA RAJA BATTERIES~ Block Deal Update 

Clarios ARBL Holding LP Sold 1.7 Crore Shares at 747/share. 

Morgan Stanley Asia Singapore PTE ODI Bought 18 Lakh Shares at Rs 746/share.

Integrated Core Strategies Asia PTE LTD Bought 17.50 Lakh Shares 

Ghisallo Master Fund LP Bought 14 Lakh Shares 

Anup Engineering

HDFC Mutual Fund Sold 85,850 Shares on NSE & 85,842 Shares on BSE at 682/share.

TOTAL Sold: 1.71 lakh Shares 

Schneider Electric Infra 

Plutus Wealth Management LLP Bought 29 Lakh Shares