[14/11, 17:37] MR.-HO-S031 SUNIL JAIN: *Muthoot Finance Ltd. -S* | *CMP* Rs. 1800 | *M Cap* Rs. 72264 Cr | *52 W H/L* 2079/1262
(Nirmal Bang Retail Research)
*Result is above expectations*
NII came at Rs. 2567 Cr (34.9% YoY) vs YoY Rs. 1903.4 Cr, QoQ Rs. 2352.7 Cr
PBP came at Rs. 1915 Cr (42.7% YoY) vs expectation of Rs. 1855.8 Cr, YoY Rs. 1342.2 Cr, QoQ Rs. 1715.3 Cr
Provision came at Rs. 207 Cr vs expectation of Rs. 82.7 Cr, YoY Rs. 12 Cr, QoQ Rs. 223.6 Cr
PAT came at Rs. 1251.1 Cr (26.3% YoY) vs expectation of Rs. 1277.3 Cr, YoY Rs. 991 Cr, QoQ Rs. 1078.7 Cr
Gross NPA (%) came at 4.3% vs QoQ 3.98%
Net NPA (%) came at 3.68% vs QoQ 3.48%
Quarter EPS is Rs. 31.2
Stock is trading at P/E of 12.4x FY26E EPS & 2.8x trailing P/BV
[14/11, 17:39] MR.-HO-S031 SUNIL JAIN: *Garware Technical Fibres Ltd.* | *CMP* Rs. 3910 | *M Cap* Rs. 7763 Cr | *52 W H/L* 4478/3050
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 420.6 Cr (25.1% QoQ, 28.1% YoY) vs QoQ Rs. 336.3 Cr, YoY Rs. 328.3 Cr
EBIDTA came at Rs. 91.5 Cr (42% QoQ, 33.4% YoY) vs QoQ Rs. 64.4 Cr, YoY Rs. 68.6 Cr
EBITDA Margin came at 21.7% vs QoQ 19.2%, YoY 20.9%
Adj. PAT came at Rs. 66 Cr vs QoQ Rs. 46.8 Cr, YoY Rs. 52.5 Cr
Quarter EPS is Rs. 33.2
Stock is trading at P/E of 34.4x TTM EPS
[14/11, 17:40] MR.-HO-S031 SUNIL JAIN: *Sanghvi Movers Ltd.* | *CMP* Rs. 361 | *M Cap* Rs. 3125 Cr | *52 W H/L* 747/310
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 136.9 Cr (-9.1% QoQ, -2.2% YoY) vs QoQ Rs. 150.6 Cr, YoY Rs. 140 Cr
EBIDTA came at Rs. 68.7 Cr (-7.6% QoQ, -20.2% YoY) vs QoQ Rs. 74.3 Cr, YoY Rs. 86.1 Cr
EBITDA Margin came at 50.2% vs QoQ 49.4%, YoY 61.5%
Adj. PAT came at Rs. 29.4 Cr vs QoQ Rs. 40.6 Cr, YoY Rs. 37.2 Cr
Quarter EPS is Rs. 3.4
Stock is trading at P/E of 17.5x TTM EPS
[14/11, 17:41] MR.-HO-S031 SUNIL JAIN: *Honasa Consumer Ltd.* | *CMP* Rs. 370 | *M Cap* Rs. 12010 Cr | *52 W H/L* 547/256
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 461.8 Cr (-16.6% QoQ, -6.9% YoY) vs expectation of Rs. 509.7 Cr, QoQ Rs. 554.1 Cr, YoY Rs. 496.1 Cr
EBIDTA came at Rs. -30.7 Cr (-166.6% QoQ, -176.4% YoY) vs expectation of Rs. 3.3 Cr, QoQ Rs. 46.1 Cr, YoY Rs. 40.2 Cr
EBITDA Margin came at -6.6% vs expectation of 0.6%, QoQ 8.3%, YoY 8.1%
Adj. PAT came at Rs. -18.6 Cr vs expectation of Rs. 6.1 Cr, QoQ Rs. 40.3 Cr, YoY Rs. 29.4 Cr
Quarter EPS is Rs. -0.6
Stock is trading at P/E of 52.4x FY26E EPS
[14/11, 17:43] MR.-HO-S031 SUNIL JAIN: *Crompton Greaves Consumer Electricals Ltd.* | *CMP* Rs. 371 | *M Cap* Rs. 23892 Cr | *52 W H/L* 484/261
(Nirmal Bang Retail Research)
*Result is inline with expectation expectations*
Revenue from Operations came at Rs. 1896 Cr (-11.3% QoQ, 6.4% YoY) vs expectation of Rs. 1892.8 Cr, QoQ Rs. 2137.7 Cr, YoY Rs. 1782.3 Cr
EBIDTA came at Rs. 203.4 Cr (-12.5% QoQ, 16.6% YoY) vs expectation of Rs. 193.9 Cr, QoQ Rs. 232.4 Cr, YoY Rs. 174.5 Cr
EBITDA Margin came at 10.7% vs expectation of 10.2%, QoQ 10.9%, YoY 9.8%
Adj. PAT came at Rs. 124.9 Cr vs expectation of Rs. 123.9 Cr, QoQ Rs. 151.7 Cr, YoY Rs. 97.2 Cr
Quarter EPS is Rs. 1.9
Stock is trading at P/E of 32x FY26E EPS
[14/11, 17:44] MR.-HO-S031 SUNIL JAIN: *GPT Healthcare Ltd.* | *CMP* Rs. 163 | *M Cap* Rs. 1340 Cr | *52 W H/L* 220/129
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 105.7 Cr (8% QoQ, -2.1% YoY) vs QoQ Rs. 97.8 Cr, YoY Rs. 108 Cr
EBIDTA came at Rs. 23.4 Cr (30.3% QoQ, -4.8% YoY) vs QoQ Rs. 18 Cr, YoY Rs. 24.6 Cr
EBITDA Margin came at 22.2% vs QoQ 18.4%, YoY 22.8%
Adj. PAT came at Rs. 14.8 Cr vs QoQ Rs. 10 Cr, YoY Rs. 13.5 Cr
Quarter EPS is Rs. 1.8
Stock is trading at P/E of 27.3x TTM EPS