POLYCAB Says Will Surpass FY26 Topline Guidance Of ₹20,000 Cr In FY25
Wires & Cables Biz Will See 1.5x Growth, FMEG 1.5-2x Growth Over Next 5 Yrs
Wires & Cables EBITDA Margin Seen At 11-13%, FMEG 8-10% Over Next 5 Yrs
Export Contribution Will Be More Than 10% Over Next 5 Yrs
KEI Industries
1️⃣ Cables & Wires volumes +17% in Q3FY25, will be around these levels in FY26
2️⃣ Q3 EHV demand impacted due to delayed clearance but improving in Q4
3️⃣ Margins expected to improve 50 bps qoq in Q4FY25
#KRNheat exchangers subsidiary KRN HVAC got selected in the PLI Scheme for white goods 141.72Cr ( for heat exchangers for ACs)
For it's ongoing 342Cr Capex.
Additionally they signed MOU with rajasthan govt for total 1000cr investment.
This is core product needed for ACs
From Brands like Daikin, bluestar, Voltas, havels
& Ac contract manufacturer like Dixon, Amber,PGIL, Epack,VOPEL.
All are doing massive Capex.
KRN Is the only large heat exchangers maker in India 🇮🇳
ACs demand is expected to sky rockets
RAM RATNA WIRES ; Ram Ratna Wires Ltd. bags approval under Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners)
Ram Ratna Wires Ltd. has committed ₹253 crore under the PLI scheme to manufacture Copper Tubes and Aluminum Stock for heat exchangers.
This initiative supports the 'Make in India' and 'Aatmanirbhar Bharat' missions, boosting India's integration into the global supply chain.
The PLI scheme offers incentives of 6%-4% on incremental sales over five years, aiming to increase domestic value addition from 15-20% to 75-80%.
L&T FINANCE Says Pace of MFI & joint liability group disbursals will impact AUM growth
Credit cost will remain elevated in Q4FY25
Expect asset quality to deteriorate further in Q4FY25
Macro prudential provisions usage will be ₹300- 350 Cr
Short term trading , positional trading
And learning priceaction join now @wealthcreator7
Stock SIP, long term investment don't miss to join @stocksip
Corporate update, quaterely result, management guidance @companyupdate
Daily one company Fundamental analaysis in detail daily
@fundamental3
US STOCK Chart study for more detail visit
@Us_stock3
Order Book, capex and stock information in detail @stockinfo33
Stock market statics and information @stockinfo3
All IPO Updates Live @ipoinfo3
All conference call and detail stock study @nilfaldu
Can Fin Homes says
Disbursals
👉 FY25 at Rs.8500-9000cr
👉 FY26 at Rs.12000cr
🎯 AUM growth will be at 15% in FY26
e-Khaata impacted business in Q3FY25 but the issue is improving lately. Disbursal may be close to Rs 9,000 cr for FY25; on the upper end: Suresh Iyer, Can Fin Homes to CNBC-TV18
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Comparison between Indian Wealth Managers⏬
360 One/ Nuvama / MOFSL / Anand Rathi
src ~ Jefferies
Aspiration is to improve margin by 200 bps to 19% in the next 2 yrs, expect Q4 to have better growth than Q3; Umang Nahata, Mastek says
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CEAT Management to ET NOW post Q3FY25:
'Expect steady demand and continued double-digit growth in volumes and exports,' says Arnab Banerjee of CEAT.
Cement volumes are expected to recover nearly 5% YoY in Q3FY25. Expect the pricing action for cement sector to be better in Q4 Vs Q3
Rajesh Ravi, HDFC Securities to CNBC-TV18
LTTS; L&T TECH Management Says Organic guidance for FY25 at 8%; growth will be 10% including IntelliSwift acquisition - CNBCTV18
Closed highest number of large deals in the recent past
Expect FY26 to be better than FY25, expect Q4 margin to be similar to Q3
Maintain medium-term aspiration of $2 bn of revenue and margin of 17-18%
Expect mobility to grow in Q4 on the back of the recent deal wins
Short term trading , positional trading
And learning priceaction join now @wealthcreator7
Stock SIP, long term investment don't miss to join @stocksip
Corporate update, quaterely result, management guidance @companyupdate
Daily one company Fundamental analaysis in detail daily
@fundamental3
US STOCK Chart study for more detail visit
@Us_stock3
Order Book, capex and stock information in detail @stockinfo33
Stock market statics and information @stockinfo3
All IPO Updates Live @ipoinfo3
All conference call and detail stock study @nilfaldu
Cyient DLM says
Q3FY25 was impacted by a couple of one offs ☹️
FY26 Guidance
👉 Revenue +30%
👉 Double digit margins
Margin should normalise in Q4 to the guided range for FY25, increased export by 20% in wires & cables segment: Anil Gupta, KEI Industries says
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ONWARD TECH Q3
NET PROFIT AT 6 CR V 3.5 CR QOQ
REVENUE AT 123 CR V 123 CR QOQ
EBIT AT 8 CR V 4.6 CR QOQ
MARGINS AT 6.4 % V 3.9 % QOQ
ONWARD TECH Q3
FY25 REVENUE GUIDANCE OF 490 - 510 CR V 9 MONTH REVENUE OF 364 CR
FY25 EBITDA MARGINS GUIDANCE OF 9-11 % V 9 MONTH EBITDA MARGINS AT 8.5 %
ONWARD TECH FUTURE GROWTH PLAN
Strong foundation and leadership driving strategic growth.
Focused on serving USA and European companies.
Engaging 75+ customers to double/triple growth via specialized teams.
Revenue goal: 10 customers at $10M or 20 at $5M annually.
Investing in SMEs for Mechanical, Embedded, and Digital expertise.
DIXON SAYS FY25 revenue will be close to ₹40,000 cr - CNBCTV18
Mobile capacity should increase to 45 m next fiscal
Smartphone is a low-margin business
Margin should be around 4% in FY26
Margin post FY26, should be higher than 4%
Focussing on display fab business, it is a high-margin business
𝗛𝗮𝘁𝘀𝘂𝗻 𝗔𝗴𝗿𝗼 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 (𝗛𝗔𝗣) announced its acquisition of 100% of 𝗠𝗶𝗹𝗸 𝗠𝗮𝗻𝘁𝗿𝗮 𝗗𝗮𝗶𝗿𝘆 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗟𝗶𝗺𝗶𝘁𝗲𝗱, a dairy products company with the brand 𝗠𝗶𝗹𝗸𝘆 𝗠𝗼𝗼, operating mainly in Odisha.
𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
- 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗖𝗼𝘀𝘁: Rs. 233 Crores
- 𝗧𝗮𝗿𝗴𝗲𝘁 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗧𝘂𝗿𝗻𝗼𝘃𝗲𝗿 (𝗙𝗬𝟮𝟬𝟮𝟯−𝟮𝟰): Rs. 276.42 Crores
- 𝗥𝗮𝘁𝗶𝗼𝗻𝗮𝗹𝗲: Expand into new geographical markets (Odisha and Eastern India), strengthening market presence and adding a complementary brand to HAP's existing portfolio.
- 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗼𝗻: Within one month, subject to customary closing conditions.
- 𝗣𝗼𝘀𝘁−𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻: Milk Mantra will become a wholly-owned subsidiary of HAP.
'How to Invest in High-Growth Companies for Wealth Creation'
- Probability of companies sustaining 20%+ growth for 3/5/7 years
- Traits of companies that grow at 25–30% for 5+ years
TECHM : NOMURA ON TECH MAHINDRA
Maintain Buy, target price ₹1,900
Steady progress towards medium-term goals
Q3FY25 beat on all parameters
Revise FY25-27 EPS by 0-2%
Expect $ revenue growth of 0.9-9.2% YoY and EBIT margins of 9.3-13.2% in FY25-27
Further deterioration in discretionary demand unlikely
INDIAN HOTEL CEO Says We expect the flight kitchen business to grow by over 15%
Hotels business is expected to grow by over 12%
We are seeking 'infra' status for the hotel sector in the upcoming central budget
We are requesting 'industry' status for the hotel sector from state governments
We do not expect significant changes in demand conditions
Bank nifty is now at a P/E of 13.3 and price to book of 2.1
10 year median P/E is 23 and PBV is 2.8
Barring near term volatility, looks extremely attractive for medium to long term.
HAVELLS; Management Says 70% Of Sales In C&W Segment Comes From Domestic Wires - ETNOW
Positive Overall Performance In Q3 With Growth Of 15% Except C&W Segment
Business Likely To Grow In Mid-double Digits Ex-Lloyd
Lloyd Will Become Profitable In FY26
Margin Will Come Back To 12-13% By End FY25 Ex Of Lloyd
Margin Will Return To Normal Levels In Q4
AEROFLEX; Management Says Target 18-20% revenue growth in FY25- CNBCTV18
Will end FY25 with margins of 21.5-22%
400 Cr QIP fund raise seen around Q1FY26
In talks for acquisition assets
Target 1000 Cr revenue in 3-4 years
HDFC SEC Says Volumes are expected to recover nearly 5% YoY in Q3FY25
Have seen some improvement in realisation in Q3
Expect the pricing action for cement sector to be better in Q4 Vs Q3
Ambuja valuation is better than UltraTech at current levels
Prices have not improved much in Q3, pricing action is expected to play out in Jan & Feb 2025
ICICI SEC Says Numbers are expected to be higher on a YoY and QoQ basis - ETNOW
More positive signals needed on Jio as well as value unlocking
Recovery in broader consumption will provide a trigger for the stock
Rupee depreciation is a big negative for all Indian oil operators; will remain a key monitorable
MINDACORP; Minda Corp Management says For Minda Corp, revenue target for this year is ₹5,500 cr - CNBCTV18
Net debt-to-equity will be 0.6x post Flash Electronics acqn
Acquisition of stake buy in Flash Electronics is EPS accretive
Profit that will come to Minda's book from Flash Electronics, is ₹50-55 cr
EV's contribution to Flash Electronics' rev will increase to 20% in FY25 vs 13% in FY24
SHOPERSTOP; Management Says Private Label In Apparel Should Increase From 18% To 21-22%
Aim For Double-digit Growth In The Beauty Business - CNBCTV18
SHOPERSTOP; Management Says Momentum From Q3 Has Continued Into Q4- CNBCTV18
Set A Target Of 5% Like-For-Like Growth For Q4
