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Table of Contents
Nifty 50 PE Ratio for current Month:
https://activestockmarket.com/nifty-50-pe-ratio
2024 Upcoming corporate Actions:
https://activestockmarket.com/posts/upcoming-corporate-actions-apr-2024
1.New Work Order
PCBL Ltd has announced the approval of a Scheme of Amalgamation involving its subsidiary, Advaya Chemical Industries Limited (ACIL), and Aquapharm Chemicals Private Limited (ACPL), a wholly owned subsidiary of ACIL. The amalgamation aims to consolidate assets and liabilities, optimize resource utilization, and reduce administrative costs. |
Syrma SGS Technology Ltd has announced an update on its Scheme of Amalgamation and Arrangement under Regulation 30 of SEBI Listing Regulations. The scheme involves a two-stage merger: |
TATA STEEL LTD. has successfully completed the Scheme of Amalgamation with Angul Energy Limited on August 1, 2024. The amalgamation resulted in AEL being merged into Tata Steel and dissolved without being wound up. The authorized equity share capital of ₹210 crore of AEL has been merged into Tata Steel's authorized share capital, resulting in Tata Steel's authorized share capital being ₹32,583.50 crore. (TATA STEEL LTD._8/1/2024_, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/b6e6f252-87e9-4d76-b2bc-387bd49f4498.pdf |
Datamatics Global Services Ltd. reported itsunaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The company achieved a total income of ₹**177.93 crores** on a standalone basis and ₹**407.84 crores** on a consolidated basis. The net profit after tax stood at ₹**5.19 crores** for standalone and ₹**43.82 crores** for consolidated results. |
ARSS Infrastructure Projects Ltd. has received a significant work order valued at INR 20,25,18,264.00 from SCPL-ARSS JV for the Koraput-Singapur Road Doubling Project. The project involves various tasks such as providing, cutting, fabricating, treating, fixing, and painting structural steel, as well as supplying and fixing cast steel rocker bearings, forged steel roller bearings, and elastomeric bearings. The contract is set for a period of 24 months and includes detailed terms for payment and execution, ensuring compliance with relevant IS standards and technical specifications. Notably, a related party holds a 30% share in the JV, and the transaction is conducted at arm's length. https://www.bseindia.com/xml-data/corpfiling/AttachLive/606a6ea5-b6de-41c6-baa1-f286382f4338.pdf |
Imex Ferro Tech Ltd. has undergone significant corporate changes as per the recent updates. The Hon'ble National Company Law Tribunal, Kolkata Bench, approved the appointment of Mr. Ashok Kumar Sarawagi as the Resolution Professional, replacing Mr. Rajiv Kumar Agarwal. This decision was made following the Committee of Creditors' (CoC) meetings on May 31, 2024, and June 14, 2024, where the resolution for Mr. Sarawagi's appointment was passed with 100% voting approval. The tribunal's order mandates the expeditious payment of fees and charges to the outgoing IRP. (**Imex Ferro Tech Ltd._8/1/2024_3**) https://www.bseindia.com/xml-data/corpfiling/AttachLive/f886233a-8980-4791-90d8-39cf24dc4a95.pdf |
NBCC (India) Ltd recently received a work order worth approximately Rs 50 crore for the construction of a Regional Passport Office in Srinagar, J&K from the Ministry of External Affairs. The company, a certified IS/ISO 9001:2015 consultancy and project execution firm, operates in the normal course of business. The information about the awarded project is available on the company's website. For more details, visit NBCC India's website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a77a816c-0c37-4329-bd8b-fe363504e44f.pdf |
2. Business UpdateMoneyboxx Finance Ltd has scheduled a Board of Directors meeting on August 08, 2024, to consider and approve the unaudited financial results for the quarter ending June 30, 2024. Additionally, the board will discuss a proposal to raise funds through the issuance of Non-Convertible Debentures (NCDs). The trading window for dealing in the company's securities has been closed since July 1, 2024, and will remain closed until 48 hours after the financial results are declared. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5b743f5-8bff-4e3a-a46f-93ff69c8f306.pdf |
INDian Terrain Fashions Ltd. has scheduled a Board of Directors meeting on 6th August 2024 at Thirukkachiyur & Sengundram Industrial Area, Singaperumal Koil Post, Chengalpattu -603204, Tamil Nadu to consider and approve the unaudited financial results for the quarter ending 30th June 2024. |
Eicher Motors Ltd. reported its sales volume for July 2024, showing a mixed performance across different motorcycle segments. |
ATUL AUTO LTD. reported a significant increase in sales performance for July 2024 compared to the previous year. The company's domestic sales of 3W - IC Engine and EV vehicles showed substantial growth. A total of 2,572 vehicles were sold in July 2024. The sales figures for the month of July 2024 indicate a positive trend in the company's performance, reflecting a strong market presence and growth potential in the three-wheeler vehicle segment. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f7edcdd4-840f-49ef-8b02-fc975ae92176.pdf |
SML Isuzu Limited disclosed sales figures for July 2024 as per SEBI regulations. Cargo vehicles sales were 293, down 6.7% from the previous year, while passenger vehicles sales were 910, a decrease of 2.8%. The total sales for the month were 1203, showing a 3.8% decline compared to the same period last year. These figures provide insights into the company's performance in the current financial year. (**SML Isuzu Limited**_8/1/2024_129, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/6a927aee-9f23-4b71-b09f-8e451eb9fbee.pdf |
EICHER MOTORS LTD. reported a growth in sales volume for VE Commercial Vehicles Limited in July 2024. The total sales volume for Eicher Trucks and Buses increased by 12.3% compared to the previous year. |
NMDC Limited reported provisional production and sales data for iron ore up to July 2024. The monthly production for July 2024 was 2.17 MT, down from 2.44 MT in July 2023. Sales for the same period were 3.06 MT, an increase from 2.91 MT in July 2023. Cumulative production up to July 2024 was 11.36 MT, compared to 13.15 MT in the previous year. Cumulative sales up to July 2024 were 13.13 MT, slightly down from 13.89 MT in the previous year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a2daead5-90c3-4fb3-9446-a6f69e7a5085.pdf |
NMDC Limited reported the provisional production and sales data for iron ore for July 2024. The production in Chhattisgarh was 1.22 MT, down from 1.48 MT in July 2023, while Karnataka produced 0.95 MT, slightly down from 0.96 MT in the previous year. Total production for July 2024 was 2.17 MT, compared to 2.44 MT in July 2023. |
TVS Motor Company Ltd. reported a 9% growth in sales for July 2024, with total units sold reaching 354,140 compared to 325,977 in July 2023. |
Cantabil Retail India Ltd. has announced the opening of 6 new showrooms/shops across various locations in India during July 2024. This expansion brings the total number of showrooms/shops to 551. The company has submitted this information under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), Regulation, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7054d077-7bda-48e0-a9c5-7384d51931fc.pdf |
ASHOK LEYLAND LTD. reported sales figures for July 2024, showing a decline in total vehicles sold compared to the same period last year.The company's M&HCV Trucks and Buses sales also experienced a decrease in July 2024. However, there was a notable increase in M&HCV Bus sales compared to July 2023. |
3. Buy BackSymphony Limited has scheduled a Board of Directors meeting on August 06, 2024, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ending June 30, 2024, and the 1st interim dividend for the financial year 2024-25. Additionally, the Board will discuss the proposal for the buyback of fully paid-up equity shares of Rs. 2/- each, in accordance with the Companies Act, 2013, and SEBI regulations. The company's trading window for designated persons has been closed since July 01, 2024, and will reopen 48 hours after the financial results are announced. https://www.bseindia.com/xml-data/corpfiling/AttachLive/497ea9e5-8c7e-4798-ac26-29f864f0096b.pdf |
Aurobindo Pharma Ltd. announces buyback of up to 51,36,986 fully paid-up equity shares at a price of ₹1,460 per share, totaling ₹750 crore. The buyback represents 0.88% of the company's total equity shares. The buyback period is scheduled from August 5, 2024, to August 9, 2024. The company's financials for the year ended March 31, 2024, show standalone net profit of ₹19,541.4 million and consolidated net profit of ₹31,729.7 million. The buyback is funded from the company's free reserves and will not involve any borrowed funds. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7d7414ae-0463-4cfa-9841-c57546295e8c.pdf |
Chaman Lal Setia Exports Ltd. has scheduled a Board Meeting on August 06, 2024, to consider and approve the Un-audited Financial Results for the quarter ended June 30, 2024, and a Proposal for Buyback of Equity Shares. The trading window for designated persons will remain closed from conduct=this from July 01, 2024, until 48 hours after the announcement of the financial results. This information is also available on the company's website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9e988da3-97b8-46c1-8ec8-cdba4c2630ca.pdf |
Symphony Limited has announced that a Board of Directors meeting is scheduled for August 06, 2024, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ending June 30, 2024. The Board will also deliberate on a proposal for the buyback of fully paid-up equity shares of Rs. 2/- each, in accordance with the Companies Act, 2013, and SEBI regulations. The company's trading window for designated persons has been closed since July 01, 2024, and will reopen 48 hours after the financial results are announced. https://www.bseindia.com/xml-data/corpfiling/AttachLive/515cd432-d3e1-422b-91d8-9d9e06cee93a.pdf |
Mayur Uniquoters Ltd. is holding a Board Meeting on August 8, 2024, to discuss various agenda items including: |
4. Capital UpdatesIndra Industries Ltd held a board meeting on August 1, 2024, where they made several significant decisions. These decisions included: |
POCL Enterprises Ltd announced key outcomes from its Board Meeting held on August 1, 2024. The Board approved the unaudited financial results for the quarter ended June 30, 2024, with a total income of ₹36,403.38 lakhs and a net profit of ₹628.18 lakhs. |
POCL Enterprises Ltd held a Board Meeting on August 1, 2024. The unaudited financial results for the quarter ended June 30, 2024, were approved, showing a total income of Rs. 36,403.38 lakhs and a net profit of Rs. 628.18 lakhs. |
SRF Limited recently commissioned and capitalized the first phase of a project to set up a new facility in Dahej, Gujarat for producing agrochemical intermediates. The project was approved by the Board and is estimated to cost Rs 235 Crores. The first phase of the project was completed on 01st August 2024 at an approximate cost of Rs 190 Crores. This development signifies a significant investment by SRF Limited in expanding its operations and capabilities. |
JAYASWAL NECO INDUSTRIES LTD successfully completed Category-One Capital Repairs cum Upgradation of Blast Furnace (**BF**) at Steel Plant Division, Siltara, Raipur on 1st August, 2024. The Blast Furnace has recommenced operations, with other associated plants also in the process of recommencing operations. |
Websol Energy System Ltd. announced the commencement of commercial production of its new module line at Falta Special Economic Zone, West Bengal, effective from August 1, 2024. This follows their press release dated May 29, 2024, which anticipated the start of production in July 2024. The company has successfully met its timeline, marking a significant milestone in its operational expansion. |
Dynamic Cables Limited is a Govt. Recognized Two Star Export House with ISO certifications. The company made disclosures related to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 after its 17th Annual General Meeting held on July 31, 2024. The Corporate Presentation displayed during the AGM is available on the company's website. The presentation may contain forward-looking statements, and BSE Limited and National Stock Exchange of India Ltd disclaim any obligation to publicly amend such statements based on subsequent developments. |
James Warren Tea Ltd is a company based in Kolkata, India. They are planning a board meeting on August 8th, 2024, to discuss important matters including the approval of Un-Audited Financial Results for the quarter ending June 30, 2024, and the voluntary delisting of Equity Shares from Calcutta Stock Exchange. The trading window for dealing in the company's securities has been closed since July 1, 2024, and will remain closed until 48 hours after the announcement of the financial results. This information is available on the company's website at www.jameswarrentea.com. |
IFGL Refractories Ltd announced the appointment of Mr. Hirdesh Sehgal as Chief Operating Officer on August 1, 2024. Mr. Sehgal, an IIT Graduate with over three decades of experience in the Refractory industry, brings expertise in Dolomite Refractories Technology. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also mentioned that the information is available on the company's website.(**McLeod House McLeod House et al.**, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/b26f4541-206a-4b7c-83fb-473231c7918f.pdf |
Hero MotoCorp Ltd. has announced that its associate company, Hero FinCorp Limited, is set to undertake an initial public offering (IPO). The IPO will include a fresh issue of equity shares worth ₹**21,000 million** and an offer for sale of shares totaling ₹**15,681.34 million** by existing shareholders. The Draft Red Herring Prospectus (DRHP) was filed on July 31, 2024, with the Securities and Exchange Board of India, BSE Limited, qualities and National Stock Exchange of India Limited. The offering is contingent upon regulatory approvals, market conditions, and other considerations. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b46731d1-37fb-4302-93e3-1d2e0eb38db0.pdf |
PUNJ LLOYD LTD. is a company currently in liquidation. The recent disclosure under Regulation 30(2) highlights the failure of the eighth round of e-auction for the sale of the company on a going concern basis or its assets. The disclosure was made in a letter dated July 03, 2024. Dinesh Kumar serves as the Company Secretary for PUNJ LLOYD LTD. (Ltd et al., n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/c1c7f0cd-c973-49bc-9be3-eb11def42e2a.pdf |
SHILCHAR TECHNOLOGIES LTD. has announced a capacity expansion under SEBI Regulations 30 and 30A. The existing capacity is 4000MVA with full utilization. The proposed capacity addition is 3500MVA, expected to be operational by 16th August 2024. The expansion will be financed through internal funds to meet increasing customer demand. https://www.bseindia.com/xml-data/corpfiling/AttachLive/43fb69d0-d5fd-4c0e-8708-1494a6612a81.pdf |
Kranti Industries Ltd has announced a significant milestone with a new purchase order from Kalyani Technoforge Limited. This marks Kranti Industries' expansion into the electric vehicle (EV) sector. The order, valued at approximately ₹**13.6 lakh**, was issued on July 30, 2024. It involves the supply of precision machined components for EV applications. |
Shri Niwas Leasing And Finance Ltd has scheduled a Board Meeting on 05th August, 2024 at 04:00 PM to discuss several key agendas. The meeting will consider the notice for the 39th Annual General Meeting (AGM) to be held on 03rd September, 2024 at 01:00 PM via Video Conferencing. Additionally, the Board will review the Unaudited Financial Statement for the quarter ending 30th June, 2024, and the Limited Review Report by the Statutory Auditor. The Board will also deliberate on raising funds through loans from various corporate entities for strategic growth and expansion plans. Other items include the appointment of M/s Parul Agrawal & Associates as Scrutinizer and Secretarial Auditor for the financial year 2024-2025, and the appointment of Mr. Bharat Bhushan as Internal Auditor for the same period. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ffe703c2-3bf2-44a9-8ed4-965f6d2e1093.pdf |
5. FDA ObservationsAARTI DRUGS LTD. recently received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its subsidiary, Pinnacle Life Science Private Limited. The inspection at Pinnacle's manufacturing facility in Baddi, Himachal Pradesh was successfully conducted, with no violations reported. This development allows Pinnacle to export formulations to the US market upon approval by the USFDA.There are no financial or material impacts reported as of the latest update (**AARTI DRUGS LTD.**_8/1/2024_). https://www.bseindia.com/xml-data/corpfiling/AttachLive/6bd0769b-5339-4699-82d5-bc6d1a7f232c.pdf |
IFGL Refractories Ltd recently disclosed the inauguration of a new plant at its Visakhapatnam manufacturing facility. The new plant is focusing on the production of Magnesia Carbon, Alumina Magnesia Carbon, and Alumina SiC Carbon bricks. The new plant was inaugurated on July 31, 2024, and involved a capital outlay of about Rs 100 crores with an initial capacity of 9,000 MT per annum. The plant is expected to generate revenue of Rs 70 crores. The capacity of the plant is set to increase to 24,000 MT per annum within a year with an additional capital outlay of about Rs 3 crores. (McLeod House McLeod House et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/00024a5e-fe95-4670-b464-b463b07e8de1.pdf |
6. Investor PresentationEscorts Kubota Ltd reported its Q1 FY25 financial results, highlighting a revenue from operations of ₹2,292.5 crore, a 1.5% YoY decline but a 10.1% QoQ increase. The EBIDTA stood at ₹327.1 crore, reflecting a 0.1% YoY growth and a 23.0% QoQ increase. The profit after tax (PAT) was ₹289.6 crore, marking a 2.4% YoY rise and a 19.6% QoQ increase. The company's market capitalization as of July 31, 2024, was approximately ₹**46,140 crore**. |
Somany Ceramics Ltd. reported a marginal decline in sales to INR 576 crores for Q1 FY2024-25, compared to INR 584 crores in the same quarter last year. Despite flat sales volume, due to subdued market demand and elections, the company maintained an operating margin of 8.5%. Profit Before Tax (PBT) and Profit After Tax (PAT) stood at INR 18 crores and INR 12 crores respectively. The company continues to expand its distribution network and is optimistic about future growth, supported by government housing initiatives. Capacity utilization for tiles, sanitaryware, and faucets was 81%, 96%, and 90% respectively. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f899d729-e48d-4a88-ad26-6118463a20ec.pdf |
Patel Integrated Logistics Ltd. (PILL) is a pioneer in the Indian logistics sector, founded in 1962 by Mr. Asgar Shakoor Patel. The company specializes in air freight, warehousing, and ancillary services, operating through a pan-India network with a significant presence in all functional airports. PILL caters to major e-commerce players and various industries, including pharmaceuticals, Fast-Moving Consumer Goods (FMCG), and automobiles. PILL reported an operational income of INR 2,905.49 million for FY24, with a PAT margin of 1.91%. |
THERMAX LTD. is a company that operates globally, with installations in over 90 countries and 14 manufacturing locations. They have a strong presence in sales and service in more than 30 countries, with a workforce of 5,225 employees worldwide. The company has been involved in various projects such as biomass-fired boilers, waste heat recovery systems, and green energy solutions, showcasing their commitment to sustainability and innovation in the industrial sector. |
Emami Ltd. reported a robust performance in Q1FY25, with revenues growing by 10% to ₹**906 crore** and domestic business also increasing by 10% with a volume growth of 8.7%. The international business saw an 11% growth in constant currency. Gross margins improved by 230 basis points to 67.7%, and EBIDTA grew by 14% to ₹**216 crore**. Profit before tax rose by 19% to ₹**178 crore**, and profit after tax increased by 11% to ₹**153 crore**. Key brands like Navratna and Dermicool showed significant growth, with the summer portfolio performing exceptionally well. The company also launched several new products and campaigns, enhancing its market presence and consumer engagement. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0352d2d7-036d-4369-ab69-55bdb0b2950e.pdf |
Electrosteel Castings Ltd. is a company based in India that specializes in water infrastructure solutions and manufacturing ductile iron pipes. They have a strong global presence with exports to over 110 countries. In FY24, they manufactured approximately 7,47,000 TPA of ductile iron pipes. The company focuses on ESG initiatives, including promoting recycling, reusing, and reducing operations. They have received awards for their contributions to the water sector, such as the 'Jal Sewak Samman'. as of July 30, 2024, the stock (ELECTCAST) had a market capitalization of INR 13,470 crores. The 52-week high/low was 221.4/56.1 and they had 61.8 crores outstanding shares. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fb40a15b-fa74-438e-a92e-46ec018704c8.pdf |
Godrej Agrovet Ltd reported its Q1 FY25 performance with significant highlights. The company saw a 17% y-o-y increase in branded products volume and a 23% growth in EBITDA. |
UFO Moviez India Ltd reported its financial results for Q1FY25, showcasing a total revenue of INR 945 million, an 11% increase from Q1FY24. The company's EBITDA decreased by 60% to INR 66 million, while PAT dropped to a loss of INR 42 million from a profit of INR 25 million in the previous year. |
Repco Home Finance Ltd. reported its financial results for Q1 FY25, showcasing a robust performance. The company achieved a net profit of Rs. 1,054 million, marking an 18% year-on-year increase from Rs. 891 million in Q1 FY24. The total revenue from operations grew by 12% year-on-year to Rs. 4,078 million. The loan book stood at Rs. 137,011 million, with a total capital adequacy ratio of 34%. The gross non-performing assets (GNPA) ratio was reported at 4.3%, with an expected credit loss (ECL) provision of 3.8%. The company expanded its geographic presence, opening 7 new branches and upgrading 6 satellite centers to branches in Q1 FY25. (Tiwari, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/45b33d3d-23e2-4538-90a8-8692e3e5fe29.pdf |
In the given paragraph, here's how the important information should be formatted using Bold: |
Adani Enterprises Ltd. reported a 13% increase in total income to Rs. 26,067 crore for Q1 FY25, driven by strong performance in the ANIL Ecosystem and Airports sectors. The EBIDTA surged by 48% to Rs. 4,300 crore, while Profit Before Tax (PBT) soared by 107% to Rs. 2,236 crore. |
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. has shown strong performance in Q1 FY25 with all-time high earnings and a 13% increase in cargo volume, despite a temporary disruption. The company won new port concessions and a port O&M contract, with significant growth in container and liquids & gas volumes. APSEZ also received credit rating upgrades and clinched prestigious titles in the maritime industry. Additionally, the company is focused on ESG initiatives, aiming to become carbon neutral by 2025, and has received recognition for its efforts in climate change mitigation. (Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, Adani Corporate House Nr. Vaishno Devi Circle Shantigram, et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/2592b720-c2bc-44c8-ad4a-a8d64ae26e20.pdf |
Vaibhav Global Ltd reported a 15% Year-over-Year (YoY) revenue growth in Q1 FY25, driven by a 37% increase in its unique customer base to approximately 636,000. The company's gross margins improved to 66.1% due to focused pricing efforts and efficient sourcing. However, the EBITDA margin decreased to 8.7% from 10% in Q1 FY24, primarily due to higher spending on digital marketing for new customer acquisition. The company declared a first interim dividend of Rs. 1.50 per equity share, representing a 90% payout. Vaibhav Global's net cash position stands at Rs. 158 crores, reflecting a strong balance sheet. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c5cdf545-0dd4-4b94-bef7-96cb5d5a189f.pdf |
Allcargo Terminals Ltd reported robust financial performance for Q1FY25, with consolidated revenue from operations at ₹190 Cr, marking a 5% YoY increase and a 4% QoQ rise. The company achieved an EBITDA of ₹30 Cr, reflecting a 13% QoQ growth, driven by strong volume growth and operational efficiencies. The EBITDA margin stood at 16%, consistent with the previous year. The company handled 159,000 TEUs in CFS volumes, an 8% YoY increase. Allcargo Terminals continues to leverage its strategic locations and digital initiatives to enhance operational capabilities and customer experience. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7afdde53-91f5-4007-8c80-5b08f536476f.pdf |
Suryoday Small Finance Bank Ltd reported a significant performance in Q1FY25, with Gross Advances reaching ₹9,037 crores, marking a 41.8% YoY increase. The Net Interest Income (NII) grew by 30.5% YoY to ₹293 crores. The bank's Deposits surged by 42.2% YoY to ₹8,137 crores, with a Retail Deposit ratio of 78.9%. The Gross Non-Performing Assets (GNPA) ratio improved to 2.7%, and the Net NPA (NNPA) ratio decreased to 0.4%. The Cost to Income Ratio stood at 60.3%, reflecting efficient cost management. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5cef5a29-95eb-47b8-b263-51e53ea17ab2.pdf |
Indegene Ltd reported robust financial results for Q1 FY25, showcasing significant growth and strong client relationships. The company achieved a revenue growth of 11.4% YoY to INR 6,765 million, driven by substantial traction in the Enterprise Medical Solutions segment which grew by 33.9% YoY. The EBITDA margin expanded to 19.6%, reflecting operational efficiencies, while the PAT margin improved to 13.0%. |
GHCL Textiles Ltd is a leading yarn manufacturer and exporter in India, specializing in high-quality, finer count yarns with advanced facilities in Tamil Nadu. The company has recently expanded into the fabric segment, leveraging its expertise in cotton coverage and maintaining a lean cost structure. With 62 MW of green assets meeting 72% of its energy needs, GHCL Textiles emphasizes efficiency and sustainability. |
Indegene Ltd reported robust financial performance for Q1 FY25, achieving an 11.4% YoY revenue growth to INR 6,765 million and a 14.5% increase in EBITDA to INR 1,328 million. The company maintained a strong EBITDA margin of 19.6% and a PAT margin of 13.0%, reflecting a 28.3% YoY growth in profit after tax. Indegene's strategic focus on Enterprise Medical Solutions drove a 33.9% YoY growth in this segment, while Enterprise Commercial Solutions and Omnichannel Activation segments also showed positive trends. The company continues to benefit from its strong client relationships, with 68% of revenue coming from the top 20 global biopharma companies. https://www.bseindia.com/xml-data/corpfiling/AttachLive/73eae4c5-07cd-4be2-802b-3e4e040d87b4.pdf |
Welspun Enterprises Ltd reported a robust financial performance for Q1FY25, with a 10% YoY increase in revenue from operations, reaching ₹747 Cr. The company maintains a healthy profitability with an average PAT margin of ~13.3% over the last four years. Their standalone order book stands at ₹11,600 Cr, including significant projects in Maharashtra, UP, Bihar, and Tamil Nadu. The company has also achieved a Great Place to Work certification, and returned over ₹700 Cr through dividends and buybacks from FY18 to FY23. Welspun Enterprises is well-positioned to capture emerging opportunities in India's water and transportation sectors, leveraging its asset-light model and strong project management expertise. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c8a0897-d3f7-4ba0-a6a3-9ee9ffb700d9.pdf |
Triveni Engineering & Industries Ltd. reported consolidated revenue from operations of ₹**1,534 crore** for Q1 FY25, reflecting an 8.6% increase from the previous year due to higher sugar sales volumes and improved realizations. The company's profit before tax (PBT) stood at ₹**41.8 crore**, a significant 54% decline year-over-year, attributed to lower production and higher off-season expenses. |
Rushil Decor Ltd. reported a 15.9% year-over-year revenue growth in Q1 FY2025, reaching Rs. 2,235 million. The company's EBITDA stood at Rs. 256 million with an EBITDA margin of 11.4%. PAT for the quarter was Rs. 123 million, reflecting a 5.5% PAT margin. The MDF Boards segment contributed 76% to revenue, with a 15.3% increase in revenue to Rs. 1,692 million. The Laminates division saw a 13.5% revenue growth to Rs. 471 million. The company is expanding its Laminates capacity with a new facility in Mansa, Gujarat, expected to produce 2.8 million sheets annually by Q3 FY2025. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fcebc14f-d902-4269-91f9-35423baf57b2.pdf |
GHCL Ltd.** reported a 17% improvement in EBITDA for Q1 FY25, despite an 18% YoY decline in revenue to Rs. 849 crore due to oversupply in the soda ash market. The company maintained a 27.7% EBITDA margin, up by 380 bps QoQ. |
S.J.S. Enterprises Ltd reported a robust performance for Q1 FY25, with total revenue reaching Rs 1,886.2 Mn, marking a 60.9% YoY growth. The company's automotive business significantly outperformed the industry, delivering a 43.1% YoY growth compared to the auto industry's 17.0% YoY growth. EBITDA margins improved to 26.6%, driven by WPI addition and standalone business. The company also added Dixon Technologies as a new customer, enhancing opportunities in the consumer durables segment. Net cash stood at Rs 233.7 Mn, reflecting strong cash flow generation. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ec6b9a31-b1f6-4de4-9f05-23313feb4958.pdf |
Music Broadcast Ltd presented its Q1 FY25 Investor Presentation, highlighting key numbers such as Revenue, EBITDA, and Adjusted PAT. The company emphasized forward-looking statements, market opportunities, and business prospects, cautioning about risks and uncertainties. |
Prince Pipes and Fittings Ltd reported a 9% YoY increase in Q1FY25 revenues, reaching ₹**604 crore**; with volumes up by 14% to 42,180 MT. EBITDA improved by 29% to ₹**58 crore**, and PAT rose by 25% to ₹**25 crore**. The company launched Greenfit PPR for HVAC applications and commenced sales of Aquel By Prince in North and West India. Prince Pipes is expanding its manufacturing capacity with a new facility in Begusarai, Bihar, and has a robust pan-India distribution network of over 1,500 channel partners. The company aims to strengthen its presence in the Indian piping industry through innovation and strategic growth initiatives. https://www.bseindia.com/xml-data/corpfiling/AttachLive/596e9302-447a-4fff-90c8-7f46c09ccefc.pdf |
Yasho Industries Ltd is a leading manufacturer of specialty and performance chemicals, established in 1985 by Mr. Vinod Jhaveri. The company operates across five business verticals: Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives, and Specialty Chemicals, with a manufacturing capacity of 32,500 MT. |
HPL Electric & Power Ltd reported a robust performance in Q1FY25, with a 22.50% YoY revenue growth reaching ₹392.91 crore, up from ₹320.74 crore in Q1FY24. |
ECOBOARD INDUSTRIES LTD. recently held its 33rd AGM on 31st July 2024, presenting a comprehensive investor presentation. The company highlighted its financial performance over the last 5 years, showcasing significant achievements and growth. |
Bansal Wire Industries Ltd reported robust financial performance for Q1 FY25, showcasing a 49.1% YoY increase in revenue to ₹8,169.2 million and a 127.4% YoY surge in EBITDA to ₹622.4 million. The company, a leading manufacturer of steel wires, achieved an 82.2% YoY rise in Profit After Tax (PAT) to ₹315.1 million. With a diverse product portfolio of over 3,000 SKUs and a strong presence in 50+ countries, Bansal Wire is strategically positioned for sustained growth, driven by high capacity utilization and a focus on expanding into new markets. |
Le Travenues Technology Ltd reported robust financial performance for Q1 FY25, showcasing significant growth across key metrics. The company achieved an all-time high Gross Transaction Value (GTV) of INR 29,881.49 million and Revenue from Operations of INR 1,818.78 million. The Contribution Margin stood at INR 868.32 million, while Adjusted EBITDA reached INR 202.99 million. The company also highlighted its strategic initiatives, including the launch of ixigo Flight Tracker Pro and Turbo UPI for seamless payment experiences. With 480 million annual active users and a focus on AI-driven customer service, Le Travenues Technology Ltd continues to strengthen its position as a leading Online Travel Agency (OTA) in India. https://www.bseindia.com/xml-data/corpfiling/AttachLive/602d5eff-8dc4-41d7-be52-cdaee06e2b2e.pdf |
Sah Polymers Ltd reported its Q1 FY25 financial performance, showcasing a total income of ₹**29.42 crore**, reflecting a YoY growth of 23.46%. However, the EBITDA decreased by 15.78% to ₹**1.88 crore**{}, with an EBITDAmargin of 6.40%{}. The profit before tax (PBT) dropped by 47.44% to ₹**0.46 crore**{}, and the profit after tax (PAT) decreased by 51.56% to ₹**0.30 crore**{}. The company is actively addressing challenges such as high ocean freight and polymer prices by optimizing costs and exploring new market opportunities. Additionally, Sah Polymers is in the final stages of obtaining the BRC audit certification to expand into the food and pharma industry. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c51c6e97-3629-4308-881a-07747d6452ba.pdf |
Tata Motors Ltd submitted an investor presentation to SEBI, detailing Audited Standalone and Unaudited Consolidated Financial Results for Q1 2024. (Kumar Gupta, n.d.) |
TATA MOTORS LTD. presented its Investor presentation for the first quarter ended June 30, 2024, in compliance with SEBI regulations. The presentation included Audited Standalone Financial Results and Unaudited Consolidated Financial Results. meterlessly, it highlighted key financial figures, such as Revenue from operations, Expenses, EBITDA, EBIT, and Profit/Loss figures for different segments like JLR, Tata Commercial Vehicles, Tata Passenger Vehicles, and Others. The presentation also mentioned important factors affecting the Group's operations and provided accounting standards used in the financials. (Kumar Gupta, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/22444015-12a3-4964-8917-c25a6c3d92c8.pdf |
NEULAND LABORATORIES LTD. reported strong financial performance in Q1FY25 with Total Income of Rs. 444.4 Cr, EBITDA of Rs. 128.6 Cr, and Profit After Tax of Rs. 98.3 Cr. The company's EBITDA Margin improved to 28.9%, and the PAT Margin increased to 22.1%. These positive financial indicators reflect the company's robust performance and growth trajectory in the pharmaceutical industry(Bse et al., n.d). https://www.bseindia.com/xml-data/corpfiling/AttachLive/f3e355da-4450-4458-938a-91eccff280d1.pdf |
HIKAL LTD. presented its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2024, showing a revenue of Rs. 229 Crore and EBIT of Rs. 9 Crore. The company highlighted robust demand for its products, successful customer audits, and lower capacity utilization affecting margins. The presentation emphasized forward-looking statements, market risks, and the company's commitment to providing reliable information. (Ltd, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/f30eb27d-2cf0-45b7-9683-55ca30207a07.pdf |
Kalyan Jewellers India Ltd is a prominent jewelry company with a rich history and a strong presence in India and the Middle East. Established in 1993, it has grown to operate 277 showrooms as of June 2024. The company has shown significant financial performance, with revenues of ₹1,97,080 Mn and a Profit After Tax of ₹6,303 Mn in the last twelve months. Kalyan Jewellers is known for its wide range of gold and studded jewelry products catering to various customer needs. (Kalyan Jewellers India Ltd_8/1/2024_137, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f4b0142-7b10-4b18-b276-5c84a6a52cdd.pdf |
PTC India Financial Services Ltd is an infrastructure finance company providing services in the energy value chain. They invest in equity and debt for various projects including power generation, transmission, distribution, renewables, and sustainable infrastructure. The company focuses on sustainable projects aligned with the government's vision for a clean society. |
DATAMATICS GLOBAL SERVICES LTD. is a digital technologies company based in Mumbai, India. They offer services in digital technologies, operations, and experiences to enhance productivity and customer experience. |
Adani Enterprises Ltd. reported a 13% increase in total income to ₹**26,067 crore** for Q1 FY25, driven by strong performance in the ANIL Ecosystem and Airports sectors. |
Orient Electric Ltd reported its Q1 FY25 financial results, showcasing a 7.0% YoY revenue growth to ₹754.9 crore, despite a 4.2% QoQ decline. |
Dabur India Ltd. reported a 7% YoY growth in revenue from operations for Q1 FY25, reaching INR 3,349.1 crores. The company's operating profit increased by 8.3% to INR 655 crores, with a net profit of INR 500.1 crores, marking a 7.8% YoY growth. |
**Great Eastern Shipping Co. Ltd.* reported a consolidated net profit of INR 812 Cr for Q1FY25**. The company declared an interim dividend of INR 9.00/share. Worli, Mumbai -400 018, INDIA is the location for the company's office. |
Whirlpool of India Ltd. reported a 24% YoY revenue growth and a 128% YoY increase in PBT for Q1 2024-25, driven by strong market share gains in refrigerators and washers.fulfillment: 100% |
Arvind Fashions Ltd reported a robust performance for Q1 FY25, with a 10%+ year-over-year sales growth, reaching ₹**955 crores** compared to ₹**867 crores** in Q1 FY24. The company's EBITDA increased by 19% to ₹**123 crores**, with margins improving by 100 basis points due to higher gross margins and stringent cost control. The PAT showed significant improvement, turning positive to ₹**1 crore** from a loss of ₹**17 crores** in Q1 FY24. The company also achieved a 60%+ growth in its online direct-to-consumer business and added 29 new EBOs (Exclusive Brand Outlets), expanding its net retail space by ~**45,000 sq. ft**. Arvind Fashions continues to focus on premiumization, retail expansion, and operational efficiency to drive future growth. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3d4975e9-1afa-4106-bd92-c559f89188f6.pdf |
Aptus Value Housing Finance India Ltd reported robust financial performance for Q1 FY25.The company's Assets Under Management (AUM) reached INR 9,072 Cr, reflecting a 27% YoY growth. The company maintained a Net Interest Margin (NIM) of 12.80% and a Return on Equity (RoE) of 18.13%. Disbursements for the quarter stood at INR 675 Cr, marking a 4% increase from the previous year. The Gross Non-Performing Assets (GNPA) ratio was 1.30%, indicating strong asset quality. |
NIIT Learning Systems Ltd reported a revenue of INR 4,072 million for Q1 FY25, marking a 7% YoY and 2% QoQ increase. [**EBITDA**] stood at INR 1,024 million, up 11% YoY and 3% QoQ, with an operating margin of 25%. The company achieved a PAT of INR 600 million, reflecting a 9% YoY growth. The number of MTS customers reached 89, with revenue visibility at $350 million. Headcount decreased by 38 QoQ and 32 YoY, totaling 2,358 employees. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1a8dd750-dcfa-4bcc-8fcb-5f0d055b5158.pdf |
Clean Science and Technology Ltd is a rapidly growing fine and specialty chemical company with a focus on innovative and sustainable catalytic manufacturing processes. It has a strong global presence with 500+ customers across 35+ countries and 4 manufacturing units. The company emphasizes sustainability and ESG (Environmental, Social, and Governance) principles, with 64% of revenues coming from exports. With a dedicated team of over 1,100 employees and a commitment to green chemistry, Clean Science and Technology Ltd is positioned for long-term sustainable growth. (Sanjay et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/bd423af5-c79d-4145-bb97-e26b10782194.pdf |
Pricol Limited is a company listed on the National Stock Exchange of India and BSE Limited. They recently presented their unaudited financial results for the quarter ending June 30, 2024. The company operates in multiple countries and has key strategic partnerships. As of June 30, 2024, the company's market capitalization was INR 59,971.79 million. The shareholding pattern includes Promoters at 38.51%**, FIIs at 15.01%**, DIIs at 16.45%**, and the Public at 30.03%. The company's stock performance over the past year has been compared to the Sensex index. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fa6d42c6-11c9-4ad6-af14-057bdca49fa2.pdf |
WHIRLPOOL OF INDIA LTD. has shown promising growth and performance in recent years. The company has demonstrated strong revenue growth, with notable increases in revenue and profit before tax (PBT). They have also focused on cost productivity actions, leading to improved margins and cash generation. Additionally, strategic initiatives like product innovation and market share improvement have contributed to their success. The company's robust financial performance is reflected in their cash flow from operating activities, driven by strong EBITDA and working capital improvements. Overall, WHIRLPOOL OF INDIA LTD. has positioned itself well in the market through a combination of strategic imperatives and operational excellence. (Manager, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/072ce2fb-566a-4ef0-9a59-b8c36033773e.pdf |
Astec LifeSciences Limited is the target company in an open offer initiated by multiple acquirers and persons acting in concert (PACs). The offer aims to acquire up to 50,99,035 equity shares, representing 26.00% of the expanded voting share capital, at a price of INR 1,094.96 per share. This price includes a base price of INR 1,069.75 and an enhancement of INR 25.21 per share, reflecting a 10% annual rate for the period between April 30, 2024, and July 25, 2024. The offer is part of a broader transaction resulting in the indirect acquisition of majority voting rights and control over the company by the acquirers and PACs. The tendering period for the offer is scheduled from September 10, 2024, to September 24, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7180B130-0920-4255-B0D8-D0F422FBB6EB-201540.pdf |
Oxygenta Pharmaceutical Ltd is undergoing an open offer by Mr. M V S Prasad Reddy to acquire up to 96,16,000 fully paid-up equity shares. This represents 26% of the company's Emerging Voting Share Capital at ₹16 per share. |
EMAMI LTD. has announced the closure of its manufacturing unit located at Abhoypur, Guwahati, Assam. The unit will be effective by the end of January 2025. This unit contributed a turnover of Rs. 1 Cr. during FY 2023-24. This is significantly low compared to the company's consolidated turnover of Rs. 3,578 Cr. The closure is part of a strategic move to consolidate operations for better economies of scale. The unit's profit and net worth are less than 1% of the company's total profitability and net worth. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8df860a9-3f9a-4125-bf54-2d136aa75f5a.pdf |
KP Green Engineering Ltd has announced the receipt of new domestic and international orders totaling ₹53.23 crores. The orders include: |
Coal India Limited (CIL) reported its provisional production and off-take performance for July 2024 and the period from April 2024 to July 2024. The company, a Maharatna entity, disclosed these figures to comply with Regulation 30 of the SEBI (LODR) Regulations 2015. The detailed performance metrics of CIL and its subsidiary companies were enclosed in the communication sent to the Bombay Stock Exchange and the National Stock Exchange of India. https://www.bseindia.com/xml-data/corpfiling/AttachLive/76b7b2bb-ad8f-4566-9240-b0a11aebca67.pdf |
7. Preferential BasisSICAL LOGISTICS LTD. has announced a proposed offer for sale (OFS) of up to 24,74,514 equity shares, representing 3.79% of the total issued and paid-up equity share capital. The OFS will be conducted on August 02, 2024, for non-retail investors and on August 05, 2024, for retail investors and non-retail investors carrying forward un-allotted bids. The floor price for the offer is set at ₹**100** per equity share. The OFS aims to achieve the minimum public shareholding requirement as per SEBI regulations. https://www.bseindia.com/xml-data/corpfiling/AttachLive/bcfb8763-2d07-4702-837d-b6bb91256106.pdf |
SICAL LOGISTICS LTD. is set to offer up to 24,74,514 equity shares, representing 3.79% of its total issued and paid-up equity share capital, through a stock exchange mechanism. The offer will be conducted on: |
Paragon Finance Ltd. has announced the publication of a Detailed Public Statement (DPS) on August 1, 2024, as part of an open offer to its public shareholders. This announcement follows an earlier communication dated July 25, 2024. The DPS, required under the SEBI (SAST) Regulations, 2011, has been published in multiple newspapers including Business Standard (English and Hindi), Mumbai Lakshadeep (Marathi), and Aaj Kal (Bengali). The company has provided a soft copy of the DPS published in Business Standard (English) and requested BSE Limited to record and disseminate the DPS on their website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/D628F131-5394-4A49-9F27-449168BD626F-140652.pdf |
SOMA PAPERS & INDUSTRIES LTD. is involved in an open offer for the acquisition of equity shares from public shareholders. The offer is being made by Mr. Narasimharao Anumala, along with Mr. Anumala Ramesh Choudary and Ms. Anupama Anumala collectively referred to as PACs. CIL Securities Limited has been appointed as the Manager to the open offer. The Post Offer Advertisement has been published in accordance with SEBI regulations. (**Dalal Street, Mumbai -400001, St August, 2024 Dalal Street, Mumbai -400001, St August, n.d.**) https://www.bseindia.com/xml-data/corpfiling/AttachLive/832E9796-7257-4898-A93E-B4D131433D60-115841.pdf |
Power and Instrumentation (Gujarat) Ltd held its fourth board meeting on August 1, 2024, where key decisions were made. The company approved an increase in authorized capital from ₹13 crore to ₹22 crore and decided to issue up to 34,39,000 equity shares at ₹83.75 each to non-promoter groups. Additionally, they will issue 50,96,000 equity warrants at the same price to both promoter and non-promoter groups. An Extra Ordinary General Meeting (EOGM) is scheduled for August 24, 2024. The company also plans to acquire a controlling stake in Peaton Electricals Company Limited, increasing its shareholding from 15.23% to 60%. With the acquisition expected to complete within 18 months. https://www.bseindia.com/xml-data/corpfiling/AttachLive/6bc028ba-e6e2-4729-9ebb-af8e6636b260.pdf |
RMC Switchgears Ltd has announced a Board of Directors meeting on August 7, 2024, to consider and approve a Preferential Issue of Equity Shares to investors, promoters, and the promoter group, pending shareholder approval. In compliance with Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will be closed from August 1, 2024, until August 9, 2024. This closure applies to all connected persons, officers, designated employees, insiders, directors, and their immediate relatives. (**RMC Switchgears Ltd_8/1/2024_48**, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/f86ac08f-378b-4658-b1be-0ffaee9c73a1.pdf |
Transwarranty Finance Limited has announced the allotment of 48,00,000 equity shares via preferential allotment. Each share is priced at Rs. 15.30, including a premium of Rs. 5.30. This allotment was approved in an extraordinary general meeting on June 10, 2024. The total consideration received is Rs. 7,34,40,000. The shares were allotted to six non-promoter public category individuals. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a600b436-b96e-4ac5-9fe3-038482d6562c.pdf |
Elegant Floriculture & Agrotech (India) Limited has announced the issuance of 1,00,00,000 Convertible Warrants through a preferential issue as per SEBI regulations. The warrants, convertible into an equivalent number of equity shares, will be issued to seven investors. These include Mehta Darshan R and Thakore Dashrath Kanjibhai, each receiving 14,50,000 warrants. The conversion can be exercised within 18 months from the date of allotment, with 25% of the consideration payable at application and the balance at conversion. |
FERVENT SYNERGIES LTD. recently approved the allotment of 2,00,00,000 Fully Convertible Warrants at a face value of Rs 10 each, convertible into Equity Shares within 18 months. The total consideration for the allotment is Rs 20 Crores, with 25% paid upfront. The warrants were issued on a preferential basis to various investors, including Mr. Vijay Thakkar and other entities. The company will disclose relevant occurrences during the 18-month validity period of the warrants as required. (Department of Corporate Services, BSE Limited and Department of Corporate Services, BSE Limited & Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/72743752-18fb-4193-adf1-93e223d888da.pdf |
Evoq Remedies Limited recently received trading approval from BSE Limited for a preferential issue of fully paid-up equity shares. The company issued 1,13,00,000 equity shares at a premium of Rs. 7 each to non-promoters. The securities were listed on the exchange effective from August 1, 2024. The approval letter from BSE Limited was enclosed with the communication (BSE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai -400 001. Dalal Street, Mumbai -400 001, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/ff549b23-6ee7-4bee-be0c-5e9086512c9c.pdf |
8. Press releasesGodrej Agrovet Ltd has announced the acquisition of Tyson India Holdings Limited's 49% stake in Godrej Tyson Foods Limited (GTFL), making it a wholly-owned subsidiary. This strategic move, finalized on August 1, 2024, aims to consolidate GAVL's business further. |
Godrej Agrovet Ltd reported its financial results for Q1 FY25, showcasing a consolidated revenue of ₹2,350.8 crore, a slight decline from ₹2,510.2 crore in Q1 FY24. However, the company's consolidated EBITDA surged by 23% year-on-year to ₹253.7 crore, and Profit Before Tax increased by 36% to ₹168.9 crore. |
Allcargo Terminals Ltd reported a revenue of ₹190 Crore for Q1FY25, reflecting a 5% year-over-year increase from ₹181 Crore in Q1FY24 and a 4% quarter-over-quarter rise from ₹182 Crore in Q4FY24. The company's consolidated net profit grew by 6% year-over-year to ₹95 Crore for Q1FY25. EBITDA also saw a significant increase of 13% quarter-over-quarter, reaching ₹30 Crore. Key growth drivers include strong volume growth of 9% year-over-year and operational efficiencies. The company is focused on capacity enhancement programs to sustain long-term value for shareholders. https://www.bseindia.com/xml-data/corpfiling/AttachLive/130afb26-232d-4a36-9731-4d22f264ac97.pdf |
Suryoday Small Finance Bank Ltd has reported its unaudited financial results for the quarter ended June 30, 2024. |
Prataap Snacks Ltd reported its Q1 FY25 financial results, showcasing a revenue from operations of Rs. 4,214.4 million, an 8.7% YoY increase. The company achieved an operating EBITDA of Rs. 300.3 million with a margin of 7.1%, and a PAT of Rs. 94.4 million. The EPS (Diluted) stood at Rs. 3.95 per share, and the annualized RoCE was 9.1%. The Yellow Diamond salty snacks business contributed a RoCE of 15.3%. |
Indegene Ltd reported robust financial results for Q1FY25, achieving a revenue of INR 6,765 million, marking an 11.4% growth compared to Q1FY24. The company also saw a significant EBITDA growth of 14.5%, with an EBITDA margin of 19.6% and a profit after tax (PAT) margin of 13.0%. Indegene has become a zero-debt company, which is expected to drive stronger PAT growth in the future. The company continues to strengthen its technology and automation initiatives, anticipating a positive impact on margins moving forward. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3552bb7f-800b-48ef-adf8-ee9047e48b4f.pdf |
Hero MotoCorp Ltd. reported robust sales figures for July 2024, selling 370,274 units of motorcycles and scooters. This marks the company's highest monthly dispatches for the fiscal year. |
Pudumjee Paper Products Ltd reported a significant 146% increase in Profit Before Tax (YoY) to Rs. 3,704 lacs for Q1 2024. This growth was driven by lower raw material costs, better price realization, and the manufacture of value-added products. The company's revenue rose by 12% YoY to Rs. 20,284 lacs, and its EBIDTA surged by 110% to Rs. 4,102 lacs. Pudumjee achieved a 27% return on capital employed, up from 14% in the previous period. As of June 30, 2024, its cash and cash equivalents stood at Rs. 20,587 lacs, compared to Rs. 9,022 lacs in the same period last year. Pudumjee is focusing on biodegradable and compostable specialty papers for sustainable packaging solutions, catering to high-growth sectors like food products, pharmaceuticals, hospital supplies, and hygiene sectors. https://www.bseindia.com/xml-data/corpfiling/AttachLive/91818a67-c4ce-467c-bdbf-18c5e0a59833.pdf |
Repco Home Finance Ltd. reported its un-audited financial results for Q1 FY 2024-25, showing a total income of Rs. 416 crores, up 13.6% from Rs. 367 crores in the previous year. Net interest income grew by 8% to Rs. 175 crores. The net profit stood at Rs. 105 crores, marking an 18% increase from Rs. 89 crores. The loan book reached Rs. 13,701 crores, an 8.3% growth year-over-year. The gross non-performing assets (GNPA) ratio improved to 4.25%, and the net NPA ratio stood at 1.7%. The capital adequacy ratio was robust at 34%, well above the regulatory requirement of 15%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/eea15d77-82c5-454a-b581-1054a49033f5.pdf |
UFO Moviez India Ltd reported its financial results for Q1FY25, showing an 11% increase in consolidated revenues from ₹853 million in Q1FY24 to ₹945 million in Q1FY25. Despite this growth, the company faced a pre-tax loss of ₹42 million and a net loss of ₹42 million, compared to a net profit of ₹25 million in the same quarter last year. The performance was impacted by a decline in advertisement and theatrical revenues, and a lack of major film releases. However, the advertisement screen network grew by 17% year-over-year. The company remains optimistic about future quarters, bolstered by the success of "**Kalki 2898 AD**" and an exciting lineup of upcoming releases. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8b70ab32-74ee-48b3-8b30-4be4812d00d1.pdf |
Music Broadcast Ltd reported strong financial performance in Q1FY25 with a 12% YoY revenue growth reaching Rs. 60 Crs. EBITDA increased by 25% YoY to Rs. 16 Crs, and PAT surged by an impressive 175% YoY to Rs. 3 Crs. The company achieved a remarkable EBITDA margin of 27%. |
S.J.S. Enterprises Ltd delivered a strong performance in Q1 FY 2025 with remarkable financial results. The company achieved a significant 61% YoY growth in both revenue and EBITDA, along with a 57% YoY growth in PAT. Notably, EBITDA grew by 60.8% YoY to ₹**505.0 Mn** with robust margins at 26.6%, while PAT increased by 56.6% YoY to ₹**282.4 Mn** with margins at 15.0%. The company also experienced substantial growth in domestic sales by 66.6% YoY and exports by 13.0% YoY. Additionally, S.J.S. Enterprises Ltd maintained a strong Cash & Cash Equivalents position of Rs 766.6 Mn and Net Cash at Rs 233.7 Mn as of June 30, 2024. (Source: S.J.S. Enterprises Ltd_8/1/2024_63, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/ccbb3a3e-ed82-4d7c-9157-8fe2205c510b.pdf |
Mish Designs Ltd. has announced its expansion into the European market with the launch of its apparel on About You and Inno platforms as of 01st August 2024. This strategic move allows shoppers in Germany, Austria, Belgium, France, Denmark, and the Netherlands to access Mish's fashion-forward styles and exceptional quality. The brand, known for its affordable Western and IndoWestern attire, has sold over 2.5 lakh products online since FY 2017-18. With a robust digital presence and a diverse range of over 1000 designs, Mish aims to resonate with European shoppers and broaden its global footprint. https://www.bseindia.com/xml-data/corpfiling/AttachLive/df5b4228-52ed-4e6f-94fa-66cc7e12a17d.pdf |
Yasho Industries Ltd reported a 15% year-over-year increase in total revenue for Q1FY25, reaching INR 17,482 Lac. However, EBITDA decreased by 12% to INR 2,370 Lac, with an EBITDA margin of 14%. The company experienced a significant drop in Profit After Tax (PAT), which was negative compared to INR 1,479 Lac in Q1FY24. |
GHCL LTD. announced its Q1 FY25 results, showing a 1% increase in revenue to Rs. 849 crores and a 21% rise in PAT to Rs. 151 crores on a QoQ basis. EBITDA improved by 17% to Rs. 235 crores. The company is progressing with its Greenfield soda ash plant and anticipates commissioning its Vacuum Salt and Bromine projects next year. GHCL's strategic focus on operational excellence and growth initiatives, including the expansion of Sodium Bi-carbonate and Salt Yield enhancement, aims to strengthen its market position and deliver substantial shareholder value. (GHCL LTD._8/1/2024_90, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/f663981e-5703-4f56-aa03-bdbf2d827c6c.pdf |
HPL Electric & Power Ltd reported a significant financial performance for Q1FY25, ending June 30, 2024. The company achieved a 22.5% increase in revenue, reaching ₹**392.91 crores**, and a 40.19% rise in EBITDA to ₹**56.13 crores**. The Profit After Tax (PAT) surged by 145.45% to ₹**17.03 crores**, with an EPS of ₹**2.65**, up from ₹**1.08** in Q1FY24. |
Le Travenues Technology Ltd reported robust financial results for Q1 FY25, showcasing significant growth across key metrics. The company achieved a profit of Rs. 14.9 Cr, marking a 78% YoY increase, and an Adjusted EBITDA of Rs. 20.3 Cr, up by 48% YoY. Revenue from operations rose by 16% YoY to Rs. 181.9 Cr, while the Gross Transaction Value (GTV) surged by 27% YoY to Rs. 2,988 Cr. The Contribution Margin also improved, reaching Rs. 86.8 Cr, a 22% YoY increase. These results reflect the company's strategic focus on balancing growth and profitability, driven by strong performance in train, flight, and bus segments. https://www.bseindia.com/xml-data/corpfiling/AttachLive/51d52bdf-9833-4c81-b301-e4b82bde6d43.pdf |
HIKAL LTD. reported an improved Q1FY25 EBITDA margin on a YoY basis with revenue of Rs. 407 crore, EBITDA at Rs. 58 crore, and PAT at Rs. 5 crore. The company's long-term credit rating is maintained at A+ by ICRA. |
RUSHIL DECOR LTD. reported unaudited financial results for Q1 FY25, showing a 15.9% Y-o-Y revenue growth to Rs. 2,235 million. The company's Gross Profit was Rs. 1,014.6 million with a Gross Margin of 45.4%. EBITDA stood at Rs. 255.7 million, and the company achieved a PAT Margin of 5.5%. The MDF Boards division saw a 15.3% Y-o-Y growth, while the Laminates division revenue increased by 13.5%. Capacity utilization for MDF Boards was optimized at 91%. (National Stock Exchange of India Ltd., Exchange Plaza, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/8c868b60-fe31-434e-8f85-683a0f2f505e.pdf |
Maruti Suzuki India Limited reported total sales of 175,041 units in July 2024, comprising: |
Neuland Laboratories Ltd. reported strong financial results for the first quarter ended June 30, 2024. The company's total income increased by 21.7% to Rs. 444.4 crore, with EBITDA rising by 29.5% to Rs. 128.6 crore. The EBITDA margin also improved to 28.9%. Profit after tax (PAT) surged by 58.0% to Rs. 98.3 crore, with a PAT margin of 22.1%. The basic earnings per share (EPS) stood at Rs. 76.6, reflecting a significant growth compared to the previous year. (Bse et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/68ae2f51-a6a4-4a56-8063-926719fbe83e.pdf |
Welspun Enterprises Ltd reported a robust 30% YoY consolidated revenue growth for Q1 FY25, driven by strong execution and the successful integration of Welspun Michigan. The company achieved consolidated revenues of ₹907 crores and standalone revenues of ₹747 crores. EBITDA stood at ₹193 crores consolidated and ₹129 crores standalone, with PAT growth of 18% YoY to ₹110 crores consolidated and ₹89 crores standalone. The consolidated order book is a formidable ₹13,100 crores, with significant opportunities in the Water and Transportation segments. Including NHAI bids worth ~₹2 lakh crores and water segment opportunities of over ₹3 lakh crores. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e368545e-ea35-40af-946e-3352492cdf8e.pdf |
Patel Integrated Logistics Ltd. reported a significant 34.78% YoY increase in Q1 FY25 revenue, reaching Rs 96.89 crores. The company's Profit After Tax (PAT) surged by 47.71% YoY to Rs 1.53 crores. Total sales volume also saw a 12.11% YoY rise, amounting to 14,535 tonnes. Executive Director Mahesh Fogla highlighted the company's strategic resilience and anticipated double-digit growth by year-end, despite global geopolitical challenges. The company is exploring monetization of non-core real estate and benefits from government initiatives to develop airports and enhance cargo services. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0f31cdfd-8b42-4938-a8b3-1e294605af3a.pdf |
Patel Integrated Logistics Ltd. reported a significant 34.78% YoY increase in Q1 FY25 revenue, reaching Rs 96.89 crores. The company's Profit After Tax (PAT) surged by 47.71% YoY to Rs 1.53 crores. Total sales volume also saw a 12.11% YoY rise to 14,535 tonnes. |
Datamatics Global Services Ltd. reported its Q1FY25 financial results, showcasing a revenue of ₹394 crore and an EBITDA of ₹51 crore.The company's revenue saw a modest year-over-year increase of 0.7%, while EBITDA declined by 24.2%. |
Patel Integrated Logistics Ltd. reported a significant 34.78% YoY increase in Q1 FY25 revenue, reaching Rs 3,089.16 crores (Rs 96.89 crores). The company's Profit After Tax (PAT) surged by 47.71% YoY to Rs 15.3 crores (Rs 1.53 crores). Total sales volume also saw a 12.11% YoY rise to 1,45,350 tonnes (14,535 tonnes). |
Prince Pipes and Fittings Ltd reported a robust performance for Q1 FY25, with a 9% YoY revenue growth to ₹604 crores. This was driven by a 14% increase in finished goods volume to 42,180 MT. The company's EBITDA surged by 29% YoY to ₹58 crores, while PAT improved by 25% YoY to ₹25 crores. |
Escorts Kubota Ltd reported its highest ever standalone profit of ₹**289.6 crore** for Q1FY25, marking a 2.4% increase from ₹**282.8 crore** in the corresponding quarter and a 19.6% rise from ₹**242.1 crore** in the sequential quarter. The company's revenue from operations for the quarter stood at ₹**2,292.5 crore**, compared to ₹**2,327.7 crore** in the corresponding quarter and ₹**2,082.5 crore** in the sequential quarter. Tractor volumes were at 25,720 units, while Construction Equipment volumes reached 1,325 units. The Standalone EBIDTA was approximately ₹**327.1 crore**, and the Consolidated net profit after tax was ₹**293.1 crore**, up by 1.1% from ₹**289.9 crore** in the corresponding quarter and 16.4% from ₹**251.9 crore** in the sequential quarter. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b1ce6a6-7d8d-4664-81e4-4cb6d7fe606c.pdf |
Dabur India Ltd. reported a robust performance for the first quarter of 2024-25, with an 8% increase in consolidated net profit, reaching ₹**500 crore**. The company's consolidated revenue grew by 7% to ₹**3,349 crore**, driven by a 5.2% volume growth in the India FMCG business. |
Max Healthcare Institute Ltd reported robust financial and operational performance for Q1 FY25. The company achieved a gross revenue of INR 2,028 Cr, reflecting an 18% YoY growth. Operating EBITDA grew by 14% YoY to INR 499 Cr, with a net profit (PAT) of INR 295 Cr. |
Emami Ltd. reported robust volume-led profitable growth in Q1FY25, with revenues increasing by 10% to ₹**906 crore** and domestic business growing by 10% with an 8.7% volume increase. The company achieved a 14% growth in EBIDTA to ₹**216 crore**, despite a 21% rise in A&P spends, and a 19% increase in PBT to ₹**178 crore**. |
Arvind Fashions Ltd reported a robust financial performance for Q1 FY25, with revenues growing by over 10% to ₹**955 crores** compared to ₹**867 crores** in Q1 FY24. The company achieved an 80 bps improvement in gross margins, reaching 55.2%. EBITDA saw a 19% increase to ₹**123 crores**. Profit before tax surged by more than 67% to ₹**24 crores**. The growth was driven by strong wholesale channel performance and a 1.5% LTL growth in the retail channel, despite challenging market conditions. The company's efficient working capital execution and strategic focus on full-price sell-thru and product cost efficiencies contributed to these positive results. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a4b5f64-2d7d-453f-ad40-85dfb35900c4.pdf |
Aptus Value Housing Finance India Ltd reported robust financial and operational performance for Q1 FY25, showcasing significant growth. The company achieved a 21% year-on-year increase in PAT, reaching Rs 172 crores, and a 27% year-on-year growth in AUM, totaling Rs 9,072 crores. |
UNO Minda Ltd has entered into a Technical License Agreement (TLA) with Aisin Corporation, Japan on August 1, 2024. This partnership aims to leverage Aisin's expertise, a Fortune Global 500 company with consolidated sales of 4,910 Bn JPY in FY 24, and its leading market share in sunroof products in Japan. The Indian automotive market has seen a fivefold increase in sunroof penetration over the last five years, driven by rising disposable incomes and economic growth. |
NIIT Learning Systems Ltd announced its Q1 FY25 results with a consolidated Net Revenue of Rs. 407.2 Cr, up 7% Year-over-Year (YoY) and 2% Quarter-over-Quarter (QoQ). EBITDA was Rs. 102.4 Cr, up 11% YoY and 3% QoQ, with an EBITDA margin at 25%. Profit After Tax stood at Rs. 60 Cr with Earnings Per Share (EPS) at Rs. 4.4. |
Mahindra & Mahindra Ltd reported a 15% growth in SUV sales, totaling 41,623 vehicles in July 2024. The company's overall auto sales for August 2024 reached 66,444 vehicles, including exports. In the Utility Vehicles segment, there was a growth of 15%, with a total of 42,012 vehicles sold. Additionally, the Passenger Vehicles Sales Summary for July 2024 showed a 15% increase compared to the previous year. Commercial Vehicles and 3 Wheelers sales also saw fluctuations in July 2024. (Ltd et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/4a7b7cb0-ea73-4b1c-8a00-80c9493cff58.pdf |
BHARTI AIRTEL LTD. has expanded its Wi-Fi service to 1.1 million households in Maharashtra and 2.7 million households in Rajasthan. In Maharashtra, the service covers 30 districts including Nagpur, Pune, Jalgaon, and Kolhapur, offering high-speed internet, 20+ OTT services, and 350+ TV channels. Customers in Maharashtra can enjoy leading Marathi TV channels and OTT platforms like Eros Now, Hungama, Amazon Prime, and more. In Rajasthan, the service spans 284 cities including Jaipur, Jodhpur, and Udaipur, providing access to Rajasthani OTT and TV channels. |
IndusInd Bank Ltd. recently launched the '**PIONEER Private Program**' tailored for High-Net-Worth Individuals (HNWIs) and Ultra-High-Net-Worth Individuals (UHNWIs) (IndusInd Bank Ltd._8/1/2024_229, n.d.). This exclusive program offers a wide range of full-stack banking solutions, including sophisticated investment opportunities, estate planning, trade services, customized credit solutions, insurance partnerships, opulent lifestyle experiences, and exclusive rewards (IndusInd Bank Ltd._8/1/2024_229, n.d). |
Grovy India Ltd is a company with significant data and facts outlined in the connected file source. The document provides detailed information about the company's financial performance, possibly including revenue, profits, or other key financial metrics. It also contains specific numbers and figures related to the company's operations or market performance. The document seems to focus on financial data and analysis related to Grovy India Ltd, offering insights that could be crucial for investing decisions or stakeholders interested in the company's stock performance. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7ba27b1-fc06-47e4-bbae-12d4af4746d0.pdf |
Infosys Ltd. announced an expanded strategic collaboration with ServiceNow to revolutionize service delivery through AI capabilities. This partnership aims to accelerate ServiceNow implementation for enterprises like First Abu Dhabi Bank (FAB) by 30-40%, offering a comprehensive suite of services including the Infosys ESM Café, an AI-powered solution. The collaboration highlights the potential of AI to enhance operational efficiency and drive digital transformation. Cathy Mauzaize, President of EMEA at ServiceNow, and Umashankar Lakshmipathy, EVP at Infosys, emphasized the transformative impact of this partnership on global enterprises. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a4e7687d-af5b-4d88-ae55-435447c7c468.pdf |
Infosys Ltd. announced an expanded strategic collaboration with ServiceNow on August 1, 2024, to revolutionize service delivery through AI capabilities. This partnership aims to accelerate ServiceNow implementation for enterprises like First Abu Dhabi Bank (FAB) by 30-40%, offering a comprehensive suite of services including the Infosys ESM Café, an AI-powered solution. The collaboration highlights Infosys' commitment to driving digital transformation and operational efficiency for global enterprises. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a4e7687d-af5b-4d88-ae55-435447c7c468.pdf |
Sonata Software Ltd. has provided a clarification regarding their EBITDA disclosure in a press release dated July 31, 2024. The company reported an EBITDA of Rs. 128.8 Crores (18.7%) for the current quarter, which is before other income and forex. This is a change from the Q4’**24** release, where EBITDA was reported after other income and forex, amounting to Rs. 117.6 Crores (17.3%). This adjustment was made to align with other disclosures by the company. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9362c68b-2d6b-4836-98ba-78be1fbcf038.pdf |
Hybrid Financial Services Ltd reported its unaudited financial results for the quarter ended 30th June 2024. The total income from various sources was recorded at [1,035.93], with a net profit for the period after exceptional items and tax. The total comprehensive income, which includes profit for the period and other income, was also detailed. Reserves excluding revaluation reserves stood at [1,035.93] as per the audited balance sheet. Earnings per share (EPS) were noted as 0.22 for both basic and diluted, not annualized. The full format of these unaudited financial results is available on the stock exchange websites www.bseindia.com and www.nseindia.com. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a7ccde50-31ee-45dd-806b-c0871a2e61dd.pdf |
Welspun Specialty Solutions Ltd recently signed a Power Purchase Agreement (PPA) with Bhargavi Renewable Private Limited for procuring renewable solar power from its 15.5 MWp capacity unit for 25 years. This move aims to reduce the company's carbon footprint and enhance its ESG (Environmental, Social, and Governance) initiatives. The agreement was finalized on July 31, 2024. This is a significant step towards sustainability and environmental responsibility(BSE Limited Listing Department, P. J. Towers, Dalal Street, Mumbai -400 001; BSE Limited Listing Department, P. J. Towers, Dalal Street, Mumbai -400 001, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/8e319e39-8220-4721-ab80-52eaa62be7eb.pdf |
9. New AcquisitionUpdater Services Ltd increased its investment in Athena BPO Private Limited from 62% to 73.5% by acquiring 5985 equity shares. Athena BPO provides various services including inbound and outbound call center services, back-office support, and data processing. The acquisition was completed on 1st August 2024 with a cash consideration of Rs 16,33,93,723 for the shares. Athena BPO's turnover for FY23-24 was Rs 1,471.22 million, and it operates in India at 1st Floor, No.42, Gandhi Mandapam Road, Kotturpuram, Chennai -600085. Contact details: +91 44 2446 3234 / 0333 / Kotturpuram, Chennai, n.d. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f6ead45b-f1a1-4fc1-9040-0ce6555eff94.pdf |
Dr. Reddy's Laboratories Ltd. has disclosed an investment by its wholly-owned subsidiary, Aurigene Oncology Limited (AOL), in Clean Renewable Energy KK 2A Private Limited (CREL). AOL invested Rs. 2,08,62,912/- in CREL, acquiring 20,21,600 equity shares at Rs. 10 each with a premium of Rs. 0.32 per share on July 31, 2024. This investment, which is not a related party transaction, gives AOL a 26.99% stake in CREL. The funds will support CREL's solar power projects, including setting up and distributing solar power and related consultancy services. |
Power and Instrumentation (Gujarat) Ltd held its fourth board meeting on August 1, 2024. Key decisions were made during the meeting. The company approved an increase in its authorized capital from ₹13 crore to ₹22 crore. It was decided to issue up to 34,39,000 equity shares at ₹83.75 each, including a premium of ₹73.75, to non-promoter groups on a preferential basis. Additionally, the board approved the issuance of 50,96,000 equity warrants at the same price to both promoter and non-promoter groups. An Extra Ordinary General Meeting is scheduled for August 24, 2024, to discuss these matters further. The company also plans to acquire a controlling stake in Peaton Electricals Company Limited, increasing its shareholding from 15.23% to 60%. This move is aimed at facilitating strategic growth and backward integration. https://www.bseindia.com/xml-data/corpfiling/AttachLive/cb13009b-3ad2-4355-873b-63a9128e960d.pdf |
Mahindra Lifespace Developers Ltd. announced on August 1, 2024, an investment of Rs 7.99 crore for acquiring 79,99,200 equity shares and Rs 40.31 crore for 40,31,280 Unsecured Compulsory Convertible Debentures (CCDs) in Ample Parks Project 1 Private Limited. Mahindra Lifespace will maintain a 33% shareholding. |
Kesar India Ltd has announced the incorporation of a wholly-owned subsidiary named YK Infraproject Private Limited in Nagpur, Maharashtra, on August 1, 2024. The subsidiary has an authorized capital of Rs. 5,00,000, divided into 5,000 equity shares of Rs. 100 each, and is yet to commence business operations. The primary objective of this incorporation is to diversify Kesar India's business into the Construction and Real Estate Industry. The initial subscription money for the subsidiary will be infused in the form of cash, with 1,000 equity shares acquired at a face value of Rs. 10 each, resulting in 100% shareholding by Kesar India Ltd. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0971f003-e395-46f7-9a5e-4e288f0e88b5.pdf |
Borosil Renewables Ltd has announced the formation of a new entity named SOLAR ANCILLARY MANUFACTURERS' ASSOCIATION (SAMA) on August 1, 2024. This not-for-profit company, incorporated under Section 8 of the Companies Act, 2013, aims to protect the interests of the solar ancillary industry. SAMA, which includes Borosil Renewables and five other founding members, will collectively represent the industry's views to the government and relevant authorities. The association is a company limited by guarantee and does not have share capital. It was incorporated in Maharashtra and received its Certificate of Incorporation from the Central Registration Centre, Manesar. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ff0308ad-462d-4722-9807-b298785502ae.pdf |
Capital Trade Links Ltd has proposed to invest in Big Tree Resource Management Private Limited by subscribing to 15% of the post-issue paid-up share capital. Big Tree is a HR and staffing solutions provider with a turnover of ₹22.38 Crores in FY 2022-23. The acquisition is not a related party transaction, and the promoter group has no current interest in the Investee Company. The acquisition is considered a promising investment opportunity, with the issue price of equity shares set at ₹**126** per share. Big Tree operates in the service industry, specifically in HR & Staffing, with a strong presence in India across various sectors. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0f5bdb98-a46d-4654-ac54-b24233f4e7b6.pdf |
AIA Engineering Ltd. has announced the acquisition and subscription of 3,29,99,970 equity shares of ₹10 each in Torrent Urja 16 Private Limited (TUPL) to set up a captive Hybrid (Solar & Wind) Power Project in Gujarat. This strategic move, executed through a Share Subscription and Shareholders' Agreement with Torrent Power Limited and TUPL, aims to supply contracted hybrid energy to AIA Engineering as a captive user. |
Godrej Agrovet Ltd announced outcomes from a board meeting on August 1, 2024. The board approved: |
Max Healthcare Institute Ltd has announced the acquisition of an additional equity stake in Starlit Medical Centre Private Limited through its wholly-owned subsidiary, Crosslay Remedies Limited. The acquisition, approved on August 1, 2024, involves a consideration of up to ₹150 Crores via a rights issue. |
LKP Securities Ltd has announced an additional investment in its wholly owned subsidiary, LKP IFSC Private Limited. The company will acquire 500,000 equity shares at Rs. 10 each, totaling Rs. 50,00,000 in a rights issue. This transaction, falling under related party transactions, is conducted at arm's length. |
10. Credit RatingCeinsys Tech Ltd has announced a revision and reaffirmation of its credit ratings by Care Ratings Limited. The long-term bank facilities have been revised to CARE BBB; Stable, while the short-term bank facilities have been reaffirmed at CARE A3. |
Piramal Pharma Limited has received ratings from CARE Ratings Limited as per SEBI Listing Regulations. The ratings assigned are as follows: |
Gufic Biosciences Ltd. has announced an upgrade in its credit rating by ICRA Limited. The long-term fund-based working capital facilities of ₹10.00 crore have been upgraded to ICRA A- (Stable) from ICRA BBB+ (Stable). Additionally, the short-term non-fund based letter of credit and bank guarantee facilities, amounting to ₹35.00 crore and ₹5.00 crore respectively, have been upgraded to ICRA A2+ from ICRA A2. The total upgraded amount stands at ₹50.00 crore. |
ABC INDIA LTD. recently received a credit rating reaffirmation from CARE Ratings Limited. The long term credit facilities of the company were rated at CARE BBB- (Triple B Minus; Outlook: Negative), while the short term credit facilities were rated at CARE A3 (A Three). This information was disclosed in compliance with Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating agency's letter, dated 31st July, 2024, confirmed these ratings. Sanjay Agarwal, the Compliance Officer of ABC India Ltd., communicated this update to the stock exchange and other relevant parties. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5c0b91ef-7821-49d6-be7c-ccee36208f8e.pdf |
Eveready Industries India Ltd. has recently received an upgrade in its credit ratings by India Ratings and Research. The Long-Term Credit Ratings have been upgraded to ‘**IND A/Stable**’ from ‘**IND A-/Positive**’, with additional Fund-based Limits assigned a rating of ‘**IND A/Stable/IND A1**’. Various instrument-wise rating actions have been taken, including the upgrade of Term Loan, Fund-based Limits, and Non-fund based Limits. The company's Vice President – Legal & Company Secretary, T. Punwani, signed the communication sent to BSE Limited, NSE of India Ltd, and The Calcutta Stock Exchange Limited regarding this credit rating upgrade. (Bandra Kurla Complex, Bandra (East), Mumbai -400 051, The Calcutta Stock Exchange Limited 7, Lyons Range, Kolkata -700 001, Lyons Range, Bandra Kurla Complex, Bandra (East), Mumbai -400 051, The Calcutta Stock Exchange Limited 7, Kolkata -700 001, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/c9c928d6-aa15-49a0-81ee-7019ecfe1714.pdf |
MAS Financial Services Ltd has received an upgrade in its credit rating from 'Acute AA-; Stable' to 'Acute AA; Stable'. This upgrade reflects the company's strong financial performance. In Q1FY25, the company infused Rs 500 Cr through a QIP placement which improved its Capital to Risk Ratio (CAR) to 28.59% as of June 30, 2024. The company's Assets Under Management (AUM) increased to Rs 10,721.90 Cr as of March 31, 2024, from Rs 8,506 Cr the previous year. |
PIONEER EMBROIDERIES LIMITED has received a credit rating from India Ratings and Research Private Limited. The ratings are as follows: |
Usha Martin Ltd. has announced an upgradation of its credit rating. India Ratings and Research Pvt Ltd has upgraded the company's Long Term Rating (Bank Facilities) to "IND A+ /Stable" from the previous "IND A/Positive". Furthermore, the Short Term Credit Facilities rating (Non-fund based Working Capital limits & Commercial Paper programme) has been upgraded to "IND A1+" from "IND A1". This information was communicated by the company's Chief Financial Officer, Abhijit Paul, and the relevant press release is available on the rating agency's website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/908014b5-1654-42fe-87d8-ed73dd3a78fe.pdf |
Bank of Maharashtra recently disclosed Fitch Ratings' credit ratings on August 1st, 2024. The ratings include a Long Term IDR of BBB with a Stable outlook, a Short Term IDR of F3, and a Viability Rating. The assigned ratings and rationale can be accessed online. |
Kallam Textiles Ltd has recently entered into a Share Purchase Agreement (SPA) with two companies, Espar Pack Private Limited and Shivani Power Spinners Private Limited, to acquire 26% of their holdings each. The acquisition details include acquiring 7,15,000 Equity shares at Rs 5 per share from Espar Pack Private Limited and 3,18,305 Equity shares at Rs 1 per share from Shivani Power Spinners Private Limited. This move is expected to benefit Kallam Textiles Ltd by enabling captive consumption of power, reducing power costs, and improving its financial position. (Cin -L18100ap1992plc013860 et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/b0e62964-dab1-49bc-af85-f3dd0a0f36b4.pdf |
Kandagiri Spinning Mills Ltd. has entered into a loan agreement with Additional Director (Non-Executive)/Promoter Shareholder Sri S. Sivakumar to avail an additional loan of Rs 10 crore in one or more tranches for settling the company's liabilities.The agreement was signed on 29-07-2024, and the signed copy was received on 01-08-2024. |
Torrent Power Limited has executed a Share Subscription and Shareholders’ Agreement (SSSA) with AIA Engineering Limited and Torrent Urja 16 Private Limited on August 1, 2024. The agreement aims to supply power from renewable energy sources by developing up to 33 MW Hybrid Projects in Gujarat. |
Persistent Systems Limited has announced the completion of its acquisition of Starfish Associates, LLC, USA as of August 1, 2024. This acquisition follows the fulfillment of all customary closing conditions, making Starfish Associates a wholly owned subsidiary of Persistent Systems Inc. The update was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant SEBI circulars(**PERSISTENT SYSTEMS LTD.**.\_8/1/2024\_6, n.d.**). https://www.bseindia.com/xml-data/corpfiling/AttachLive/c2d8e667-bda6-4dc4-9da3-3238c315b8b5.pdf |
Dr. Reddy's Laboratories Ltd. has entered into a joint venture with Nestlé India Limited to form Dr. Reddy’s and Nestlé Health Science Limited. The company invested Rs. 7,34,34,90,000 for 73,43,49,000 equity shares at Rs. 10 each, maintaining a 51% shareholding. Nestlé India holds the remaining 49% with 70,56,00,000 equity shares. The JV focuses on medical nutrition, specialized nutrition, nutraceuticals, vitamins, minerals, herbals, and supplements. An upfront payment of Rs. 821.70 Crore was made to Dr. Reddy's for licensing rights, with subsequent royalties on product sales. https://www.bseindia.com/xml-data/corpfiling/AttachLive/25d1542f-9605-45dd-ab51-6e7267adaaf0.pdf |
Exploit Solutions Ltd announced on August 1, 2024, that the Board has decided not to proceed with the incorporation of a wholly owned subsidiary in Thailand and the formation of a branch in Trivandrum, India. This decision follows previous intimations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated May 23, 2024. The company has made this information available on its official website for investors. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ea5e3474-ce02-406f-85a3-26d8da04f1c7.pdf |
Deep Industries Ltd has announced that its wholly-owned subsidiary, Deep Onshore Services Private Limited, has received a Sale Certificate for the Corporate Debtor, M/s Kandla Energy And Chemicals Limited. This acquisition, dated August 01, 2024, was conducted as a Going Concern under Regulation 32(e) of the IBBI (Liquidation Process) Regulation 2016. The transaction is pending necessary approval from the National Company Law Tribunal (NCLT), Ahmedabad Bench, which initially appointed the liquidator on January 29, 2024. Further disclosures will be made in compliance with SEBI regulations following NCLT's approval. https://www.bseindia.com/xml-data/corpfiling/AttachLive/93be6da9-f297-4864-90d2-5e7e60da26d6.pdf |
Godrej Agrovet Ltd recently made significant decisions during a board meeting on August 1, 2024. They approved the acquisition of 97,461 equity shares of Godrej Tyson Foods Limited from Tyson India Holdings Limited, making GTFL a wholly owned subsidiary. Additionally, they sanctioned an investment of up to Rs. 110 Crore in a new feed plant in Maharashtra. The board also reclassified certain members of the promoter group to 'Public' category shareholders. Furthermore, they are seeking shareholder approval through a postal ballot for the reclassification. The company's financial results for the quarter ended June 30, 2024, were reviewed and approved by the board, showing positive outcomes. (**Godrej Agrovet Ltd_8/1/2024_151**, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/d1b7b74c-fc6c-4f14-bff8-0414376a4cdc.pdf |
Himadri Speciality Chemical Ltd has announced the completion of the acquisition of 100% equity shares of Himadri Green Technologies Innovation Limited through its wholly-owned subsidiary, Himadri Clean Energy Limited (HCEL). This acquisition, finalized on August 1, 2024, makes Himadri Green Technologies a wholly-owned step-down subsidiary of Himadri Speciality Chemical Ltd. The transaction, valued at Rs. 63,200 for 10,000 equity shares, is a related party transaction conducted at arm's length. |
11. ResignationsSAVANI FINANCIALS LTD. announced the resignation of Mr. Praful Sheth from his roles as Company Secretary, Compliance Officer, and Chief Financial Officer, effective from the close of business on July 31, 2024. The resignation is due to Mr. Sheth pursuing career opportunities outside the company. |
Northern Spirits Ltd has announced a significant change in its executive team. On August 1, 2024, the Board of Directors accepted the resignation of Mr. Anuj Bakshi from his position as Chief Financial Officer (CFO) due to personal reasons. Subsequently, Mr. Sharad Agarwal, a Chartered Accountant with approximately 15 years of experience in finance, tax, company law, and compliance, has been appointed as the new CFO effective August 2, 2024. This transition is in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d5dfef6c-66d7-40ff-a38d-6ebf6040cdd1.pdf |
CreditAccess Grameen Ltd announced the resignation of its Chief Financial Officer, Mr. S. Balakrishna Kamath, effective August 1, 2024. Mr. Kamath will continue his duties until January 2, 2025, to ensure a smooth transition while the company searches for a suitable successor. His resignation is attributed to pursuing other career opportunities outside the company. The Board of Directors has acknowledged his resignation. The details are documented in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated July 11, 2023. https://www.bseindia.com/xml-data/corpfiling/AttachLive/04abde54-cde1-439a-988f-673995ef2534.pdf |
Elegant Floriculture & Agrotech (India) Limited announced the resignation of Mr. Mayur Jitendra Thakar, the Chief Financial Officer (CFO), effective from the close of business hours on August 1, 2024, due to other work commitments. |
North Eastern Carrying Corporation Ltd. announced the resignation of Mr. Shyam Lal Yadav from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) due to personal reasons. The resignation was tendered on August 1, 2024, and will be effective from the close of business hours on September 30, 2024. |
Evoq Remedies Ltd announced significant changes in its leadership on August 1, 2024. The Board of Directors approved the appointment of Mr. Bhumishth Narendrabhai Patel as the new Managing Director, effective from the same date. |
INERTIA STEEL LIMITED has scheduled a Board of Directors meeting on August 07, 2024, at 3:00 P.M. to discuss several key items. The agenda includes: |
Expleo Solutions Ltd announced the resignation of its statutory auditors, M/s Kalyaniwalla & Mistry LLP, effective August 1, 2024. This change aligns with the company's strategy to synchronize its audit processes with its ultimate consolidating company, Expleo Group SAS. The resignation was accepted by the Board of Directors on the same date. The company aims to streamline the audit process at the group level by appointing auditors consistent with those of the parent company. https://www.bseindia.com/xml-data/corpfiling/AttachLive/924f34d2-efd5-4c16-a846-41e94176ca4b.pdf |
Jupiter Life Line Hospitals Ltd has announced the resignation of M/s. B. Mantri & Co. as the Statutory Auditors for its material subsidiary, Jupiter Hospital Projects Private Limited (JHPPL). The resignation will be effective upon the submission of the Limited Review Report for the quarter ending June 30, 2024. The auditors cited preoccupation with other assignments as the reason for their resignation. The Audit Committee of JHPPL and the company have noted and approved this resignation. Further details and the resignation letter are available on the company's website. https://www.bseindia.com/xml-data/corpfiling/AttachLive/efd890b2-bc57-4762-a610-3ecfa14f361f.pdf |
Vamshi Rubber Ltd. announced the resignation of its statutory auditor, CSVR & Associates, effective August 1, 2024. The resignation was due to the departure of senior associates and the inability to find suitable replacements. The Audit Committee and Board of Directors accepted the resignation, emphasizing their commitment to compliance. The company is taking steps to appoint a new auditor to fill the resultant casual vacancy. The limited review report for the quarter ending June 2024 is expected by August 14, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1bd3d9a9-9ff8-46f9-ad8c-1775c8428c34.pdf |
Leel Electricals Limited is undergoing capital restructuring following its acquisition by Krishna Ventures Limited. The record date for corporate actions related to this restructuring is set for August 20, 2024. The restructuring will result in changes in the number of shares and voting power for different categories of shareholders. The process for change in management has already been initiated, and necessary intimations have been provided to the Stock Exchanges. The company's office is located in Noida, India(Tol. © 491-11.40627200, 40627300 Fox 4911141609909 CIN: £ 1291 20UP 9871 COP1016 491-11.40627200, 40627300, 4911141609909 CIN: £ 1291 20UP, 9871 COP1016 Fox, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/1bd83aa3-bcb3-4bec-89a9-d8bf4a301471.pdf |
12. Rights IssueVishvprabha Ventures Ltd, the key information includes the outcome of a board meeting held on August 01, 2024. The company approved a Rights Issue of 14,03,182 equity shares at a price of Rs. 32 per share, with a Rights Entitlement Ratio of 9 shares for every 11 existing shares. The issue timeline spans from August 19, 2024, to September 02, 2024. Additionally, the board re-appointed Shri Mitesh Jayantilal Thakkar as the Chairman and Managing Director for a period of 5 years starting from August 09, 2024. A penalty was also levied on the company by BSE Limited for a delay in financial results submission (**Vishvprabha Ventures Ltd_8/1/2024_125**, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/5364f247-97c4-427a-957b-906b7f693aa0.pdf |
In the document related to Vishvprabha Ventures Ltd, key details include: |
Nestlé India Ltd. has entered into a joint venture with Dr. Reddy’s Laboratories Limited, forming Dr. Reddy’s and Nestlé Health Science Limited. |
CRESSANDA RAILWAY SOLUTions LIMITED (Formerly known as Cressanda Solutions Limited) is a company based in Mumbai, Maharashtra, with a branch office in Kolkata, West Bengal. They recently held a board meeting on August 1, 2024. During the meeting, they discussed the payment of First and Final Call Money for partly paid-up equity shares. The face value of the shares is Rs. 0.50, with a premium of Rs. 9.50, making the total payable amount Rs. 10.00. Failure to pay the call money may result in the forfeiture of the shares. The board meeting was conducted from 03:30 PM to 04:00 PM in Kolkata, West Bengal, India (Pin code 700020). https://www.bseindia.com/xml-data/corpfiling/AttachLive/36a7b10b-8da4-4bc1-a87e-2831121c8926.pdf |
Quess Corp Ltd has received observation letters from BSE and NSE regarding its proposed Composite Scheme of Arrangement. The scheme involves the demerger of the company's businesses into three separate listed entities: Quess Corp Limited (Demerged Company), Digitide Solutions Limited (Resulting Company 1), and Bluspring Enterprises Limited (Resulting Company 2). |
Tata Motors Ltd has approved a Composite Scheme of Arrangement involving the demerger of its Commercial Vehicle business into TMLCV and the merger of Tata Motors Passenger Vehicles with the existing listed company. This will result in two separate listed entities for the CV and PV businesses. |
TATA MOTORS LTD. has approved a Composite Scheme of Arrangement involving the demerger of its Commercial Vehicle business to TMLCV and the merger of Tata Motors Passenger Vehicles with the existing listed company. This will result in two separate listed entities: one for the Commercial Vehicle business under the name TML and the other for the Passenger Vehicle business under the name TMPV. Shareholders of TML will receive one share of TMLCV for every one share held in TML, with the shareholding pattern mirroring that of TML. The Scheme aims to empower the businesses to pursue differentiated strategies and enhance shareholder value. (**TATA MOTORS LTD.**._8/1/2024_, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b4c7e1f-a286-4680-be1d-aeb9d7c5b978.pdf |
ADANI ENTERPRISES LTD. is a company engaged in integrated resources management, mining services, and trading activities. It operates as an incubator, establishing new businesses in energy ecosystems, data centers, airports, roads, and primary industries like copper and petrochemicals. The company's standalone net worth as of March 31, 2024, was 16,639.54 Crore, with total assets of 42,180.37 Crore. On a consolidated basis, the net worth was 44,186.29 Crore, with total assets amounting to 160,731.85 Crore. (**Adani Enterprises Limited** "Adani Corporate House", Shantigram, Near Vaishno Devi Circle) |
Adani Wilmar Limited recently approved a Scheme of Arrangement with Adani Enterprises Limited. The demerger involves the transfer of Food FMCG Business to the Resulting Company. |
Adani Wilmar Ltd has approved a Scheme of Arrangement with Adani Enterprises Limited. The focus of this arrangement is on the demerger of Adani Wilmar Ltd's Food FMCG division. |
Infosys Ltd. has provided an update on a company statement dated July 31, 2024, regarding a pre-show cause notice on Goods and Services Tax (GST). The Karnataka State authorities have withdrawn the pre-show cause notice and directed the company to submit a further response to the Directorate General of GST Intelligence (DGGI) central authority. This update was communicated to all stock exchanges, including BSE Limited, National Stock Exchange of India Limited, and New York Stock Exchange, on August 1, 2024 (Manikantha, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/5915007f-6040-43a9-8745-75765b732137.pdf |
Saurashtra Cement Limited has announced a temporary shutdown of its Kiln at the Ranavav Plant in Gujarat for annual maintenance starting from August 2, 2024. The shutdown is expected to last approximately 25 days. Despite the Kiln stoppage, cement dispatches from the Ranavav Plant will continue uninterrupted. Additionally, the company's Cement Plant at Sidheegram, Gujarat remains fully operational. This disclosure is made under Regulation 30(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ensuring transparency and compliance with materiality policies. (N K Mohia Ilamatinal House, 2nd Floor, 178 Backbay Reclamation, Mumbai 400 020 T +9122 6636 5444 F 49122 6636 5445 N K Mohia Ilamatinal House 2nd Floor 178, 400 020 T +9122 6636, 5444 F 49122, 6636 5445 Backbay Reclamation, Mumbai, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/8fbdd795-8396-46ec-98ac-b5883133344a.pdf |
Nestlé India Ltd. has entered into a joint venture with Dr. Reddy’s Laboratories Limited, forming Dr. Reddy’s and Nestlé Health Science Limited. |
Shemaroo Entertainment Ltd reported its Q1 FY25 earnings, highlighting a revenue from operations of approximately Rs. 154 crores, which remained flat year-on-year. The company faced an EBITDA loss of around Rs. 13 crores and a net loss of approximately Rs. 17 crores. |
13. Earnings TranscriptDwarikesh Sugar Industries Ltd. has released an audio link of the earnings call transcript for the unaudited financial results for the quarter ended June 30, 2024. This update follows their previous communication dated July 23, 2024. The company is in compliance with Regulation 46 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The audio link can be accessed at Dwarikesh Sugar Industries Earnings Call. The company will upload the transcript shortly and has requested that this information be taken on record. https://www.bseindia.com/xml-data/corpfiling/AttachLive/60a1f03f-bc7d-41f6-a3ed-1f32a137fa9e.pdf |
BHARAT ELECTRONICS LTD. has shown a consistent increase in gross margins over the past few years, with margins now consistently above 45%. The company has 29 Strategic Business Units (SBUs), covering a wide range of products, with an expected gross margin range of 40-42%. The management has indicated provisions due to increased operations and a slight increase in provision for LD. Additionally, there are discussions on Netra airborne warning systems and plans to indigenize radar systems. The company is optimistic about future revenue growth, aiming for a 15% revenue growth, EBITDA margin of 23-25%, and a minimum order inflow of 25,000 crores. The company is located at Phiroze Jeejeebhoy Towers / Dalai Street Mumbai - 400 001. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f7c535f4-d1e2-45f8-ab35-502ea3acf0f1.pdf |
ASSOCIATED ALCOHOLS & BREWERIES LTD. achieved an all-time high quarterly revenue of INR 252 crores in Q1 FY25. The company is focusing on expanding their product base and launching new premium brands like Central Province Rum, Nicobar Gin, and Hillfort Whiskey. They are aiming for double-digit revenue growth from IMFL proprietary products and enhancing operating margins through innovation and efficiency. |
Chalet Hotels Ltd recently held an earnings call on July 26, 2024, discussing their Q1 FY '25 performance. The company announced the approval of a transaction to purchase land in Goa for a 5-star deluxe resort, aligning with their growth strategy. In Q1 FY '25, the company saw a 17% increase in consolidated revenue, with total EBITDA rising by 31% compared to the previous year. The net debt as of June 30, 2024, was INR 15 billion, with investments expected to generate a ROCE of 18% to 20%. Chalet Hotels also received an upgraded credit rating from ICRA to A. Goa remains a strong market for the company, with plans to start construction on the new property shortly after acquiring the land. (National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Fort, Mumbai 400 051. Mumbai 400 001. National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 051. Mumbai 400 001 Bandra (East), Fort) https://www.bseindia.com/xml-data/corpfiling/AttachLive/78873e84-96ca-4bcc-b9c2-05d1b48031b8.pdf |
ESAF Small Finance Bank Ltd is a leading small finance bank in India, focusing on low- and middle-income segments. They have a strong national presence with 8,481 touchpoints across the country, serving 867 lakh customers. The bank's gross advances outside the home state amount to INR 12,175 crores, reflecting robust growth strategies. They offer a range of banking services, including microloans, retail loans, gold loans, mortgages, personal loans, and more. In Q1 FY25, their growth advances grew to INR 18,783 crores, representing a 30% increase year-on-year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b402e2f0-af35-41ec-a0ac-64505651d50b.pdf |
AU Small Finance Bank Ltd held a conference call on July 25, 2024, to discuss its financial results for the quarter ending June 30, 2024. The call included key management personnel such as Mr. Sanjay Agarwal, Managing Director and CEO, and other executives like Mr. Uttam Tibrewal, Mr. Rajeev Yadav, Mr. Deepak Jain, Mr. Vimal Jain, Mr. Yogesh Jain, Mr. Bhaskar Karkera, Mr. Shoorveer Singh Shekhawat, Mr. Mayank Markanday, and Mr. Prince Tiwari. They discussed strategies for growth, market opportunities, and the bank's performance. AU Small Finance Bank aims to capitalize on the changing trends in the market and increase its market share in India's deposit market, leveraging its distribution network for growth. (To & Parnami, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/dbe5cf1c-e845-48c5-a47d-0921cc2fa0c5.pdf |
Transport Corporation of India Ltd. recently shared a transcript of an Analyst/Investor Conference call held on 29th July, 2024, in compliance with SEBI regulations. The document can be accessed on the company's website. |
BHARAT ELECTRONICS LTD. is a company based in Mumbai, India, focusing on radar, EW, and communication systems. They are involved in the indigenization of radar systems driven by DRDO. The company is looking to expand its operations, with upcoming projects like Machilipatnam unit becoming operational in FY '25. They are also working on enhancing their supply chain to address issues related to procuring components. |
ASK Automotive Ltd reported a robust performance in Q1 FY25, achieving a 31% growth in revenue to Rs. 865 crore, a 59% increase in EBITDA to Rs. 103 crore, and a 63% rise in PAT to Rs. 57 crore. |
InterGlobe Aviation Ltd reported strong financial performance for Q1 FY2025, with a total income of ₹**202 billion**, marking an 18% increase year-over-year. The company achieved a net profit of ₹**27.3 billion**, resulting in a solid profit margin of 14%. |
HT Media Ltd. reported a 4% decline in overall revenue for Q1 FY25, amounting to INR 427 crore, with an EBITDA of INR 7 crore and a margin of 2%. The Print segment saw a 10% drop in operating revenue, primarily due to reduced advertising and circulation revenue. The Radio segment posted flat operating revenue at INR 36 crore, while the Digital segment experienced a 31% YoY increase in revenue to INR 47 crore, despite ongoing losses from OTTplay. The company's net cash position remains robust at INR 858 crore. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0637b1cb-cbc3-488e-ab13-103449970205.pdf |
KEC INTERNATIONAL LTD reported its Q1 FY25 earnings on July 29, 2024. The transcript of the earnings call, discussing the unaudited financial results for the quarter ended June 30, 2024, is available on the company's website. This update follows previous communications dated July 19 and July 29, 2024. For more detailed insights, visit KEC International's earnings call transcripts. https://www.bseindia.com/xml-data/corpfiling/AttachLive/83b035af-b65c-4bcf-9818-bf75707f2d71.pdf |
City Union Bank Ltd. reported a positive credit growth in Q1 FY25 for the first time in 10 years. The bank's advances increased from ₹**42,405 crore** in Q1 FY24 to ₹**46,548 crore**. The bank's deposits grew by 6% year-on-year, reaching ₹**54,857 crore**. Vinod Aparawit Silva, Managing Director and CEO of the bank, said, "This growth is primarily driven by our focused approach towards retail and SME segments, and our commitment to digital transformation." |
Finolex Industries Ltd. reported its Q1 FY '25 earnings, highlighting a total income from operations of INR 1,140 crores, a 2.67% decrease from INR 1,179.17 crores in Q1 FY '24. The EBITDA saw a significant increase of 35.53% year-on-year, reaching INR 206.65 crores, with an EBITDA margin of 18.12%. The company reported a PAT of INR 505.20 crores, including an exceptional gain of INR 417 crores from the sale of leasehold land. The Pipe & Fittings segment experienced a revenue decrease of 2.67% to INR 1,123 crores, while the PVC Resin segment saw a revenue increase to INR 548.23 crores, with a volume growth of 51.11%. The company maintains a strong balance sheet with a net cash surplus of approximately INR 2,400 crores as of June 30, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8960d9d6-9651-497d-9f1f-460d80e582f9.pdf |
Share India Securities Ltd reported a robust financial performance for Q1 FY'25, with consolidated revenue from operations reaching INR 414 crores, a 50% increase year-on-year from INR 277 crores in Q1 FY'24. The consolidated profit after tax grew by 26% to INR 103 crores from INR 82 crores. The company also announced a stock split, converting each share into five shares, reducing the face value to INR 2. The debt-to-equity ratio stands at 0.015x, and the EBITDA was INR 153.57 crores. Share India Securities Ltd is aggressively expanding into new verticals, including wealth management, with plans to launch AIF (Alternative Investment Funds) and PMS (Portfolio Management Services) services. The company aims to achieve a diversified income stream by 2027. https://www.bseindia.com/xml-data/corpfiling/AttachLive/56b8fc43-9c29-4ca1-bf91-103f76210d5f.pdf |
HINDUSTAN MEDIA VENTURES LTD. recently held a conference call to discuss their Q1 financial year FY2024-25 earnings. The company reported a 4% decline in revenue compared to the same period last year, with revenues at INR 427 crore and EBITDA at INR 7 crores. |
Greenpanel Industries Ltd reported a decrease in post-tax profits by 58% to Rs 15.71 crore in Q1 FY25 compared to Rs 37.26 crore in Q1 FY24. The net working capital increased by 8 days to 36 days due to higher wood inventory. Net debt stood at Rs 103 crore as of June 30, 2024, excluding debt for expansion projects. |
APCOTEX INDUSTRIES LTD. lately held an earnings conference call on 29th July 2024, where they discussed their financial results for the quarter ending 30th June 2024. The company reported an operating income of Rs 337 crore, EBITDA of Rs 32 crores with a margin of 9.4%**,** and a net profit after tax of Rs 148 crore. They achieved a 14% year-on-year volume growth and a 12% year-on-year export volume growth. The company's management expressed optimism about future margins and growth potential. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d7ec4e65-d261-4cc6-97e1-253d0e84b391.pdf |
Apollo Pipes Ltd is a leading company in India's product segment, with plans to expand its capacity by the end of FY '25. The company is on track to add uPVC doors and windows profiles, enhancing its presence in the housing building materials segment. The Varanasi expansion project is expected to add 40,000 tons to the overall capacity, enabling a Pan-India presence. Despite significant commitments, the company's balance sheet remains debt-free. Apollo Pipes aims for a revenue growth of 25% to 30% Compound Annual Growth Rate (CAGR) over the next four years, supported by working capital efficiencies. Additionally, the company is confident of achieving a 25% to 30% return on capital employed (ROCE) despite proposed investments in projects like the Bandra-Kurla Complex, Bandra (East), Mumbai -400 051, and others. https://www.bseindia.com/xml-data/corpfiling/AttachLive/23838c1f-e4de-4f33-bd0a-76888801ce89.pdf |
FIRSTSOURCE SOLUTIONS LTD. reported a strong performance in Q1FY25 with record quarterly revenues of Rs. 17.9 billion, a 17.1% YoY revenue growth. The company's EBIT margin stood at 11%. In constant currency terms, the revenue growth was 6.5% QoQ. The company won three large deals in the quarter and added five new logos in the verticals they operate in. FIRSTSOURCE SOLUTIONS LTD. aims for a revenue growth of 11.5% to 13.5% in constant currency terms for FY25 and expects to achieve a US$1 billion revenue run rate by Q4 of FY26. (FIRSTSOURCE SOLUTIONS LTD.\_, 8/1/2024\_, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/699184dd-1aab-4f56-984f-4bd211956bd9.pdf |
HFCL Ltd has seen significant growth opportunities in the European market after being exempted from anti-dumping duties by the European Commission. This exemption positions HFCL favorably against other Indian optical fiber cable manufacturers. The company has witnessed strong demand for its communication equipment, particularly in the 5G Fixed Wireless Access Customer Premises Equipment segment, with an order worth Rs.623 crores received. |
Go Digit General Insurance Ltd reported a gross return premium of INR 2,660 crores for Q1 FY'25, reflecting a 22.2% growth compared to Q1 FY'24. The company processed over 21 lakh claims, with assets under management growing to INR 17,773 crores. The net earned premium increased from INR 1,475 crores to INR 1,824 crores, and the profit after taxes rose to INR 101 crores. The solvency margin improved to 2.17, surpassing the regulatory requirement of 1.5. The company also saw a significant increase in its equity asset allocation from 1.6% to 2.5% in Q1 FY'25. https://www.bseindia.com/xml-data/corpfiling/AttachLive/de827747-beb2-4361-81af-a0fa9cba4391.pdf |
Venus Pipes & Tubes Ltd reported a robust performance for Q1 FY25, achieving a revenue of INR 240 crores, reflecting a 34% year-on-year growth. The company's EBITDA stood at INR 48 crores, marking a 74% increase, with an EBITDA margin of 20%. PAT for the quarter was INR 28 crores, up by 58%, with PAT margins at an all-time high of 11.5%. Export revenue surged to INR 61 crores, an 8x growth from the previous year, now contributing 25% of total revenue. The company also saw significant growth in its welded pipes segment, with revenue increasing by 55% to INR 94 crores. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7669a874-9617-4371-938c-04234f68ed61.pdf |
MOTILAL OSWAL FINANCIAL SERVICES LTD. reported strong financial performance in Q1 FY25. The consolidated profit after tax increased by 52% YoY to Rs. 1,021 crore. Operating net revenue rose by 32% YoY to Rs. 1,133 crores. The return on equity (ROE) stood at 44%. Assets under advice (AUA) crossed Rs. 5 lakh crores. The Wealth Management business saw a profit after tax of Rs. 177 crores, up by 69% YoY. The Asset & Private Wealth business profit after tax was Rs. 157 crores, up by 30% YoY. The company's net worth increased by 41% YoY to Rs. 9,784 crores. ICRA upgraded the rating outlook to AA positive. (Kailash & Purohit, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/5dce7ce7-cf96-49d1-b145-914caf26d6e6.pdf |
Latent View Analytics Ltd recently held their Q1 FY25 Earnings Conference Call on July 26, 2024. The company reported a revenue of INR 179 crores for the quarter ended June 30, 2024, showing a 4.2% sequential growth and a 21.1% year-on-year growth. During the call, they highlighted significant growth opportunities in the Gen-AI and predictive analytics space, with a strong pipeline of over $4 million worth of conversations. |
LLOYDS METALS AND ENERGY LTD. has withdrawn its book closure for the 47th Annual General Meeting, originally scheduled from August 14th to August 20th, 2024. The record date for e-voting and dividend payment remains unchanged on August 13th, 2024. This update is in compliance with Regulation 42(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(Shah & Secretary, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/78cc8046-29e2-42d4-98f6-47d6b39f567e.pdf |
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