*Jindal Stainless (Hisar) Ltd.* | *CMP* Rs. 348 | *M Cap* Rs. 8199 Cr | *52 W H/L* 347.5/89
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 3415.1 Cr (35.9% QoQ, 64.5% YoY) vs QoQ Rs. 2512.2 Cr, YoY Rs. 2076.4 Cr
EBIDTA came at Rs. 501.2 Cr (31.2% QoQ, 102% YoY) vs QoQ Rs. 382 Cr, YoY Rs. 248.1 Cr
EBITDA Margin came at 14.7% vs QoQ 15.2%, YoY 11.9%
Adj. PAT came at Rs. 337.5 Cr vs QoQ Rs. 239.6 Cr, YoY Rs. 101.3 Cr
Quarter EPS is Rs. 14.3
Share is trading at P/E of 8.5x TTM EPS
*Aavas Financiers Ltd. - S* | *CMP* Rs. 2802 | *M Cap* Rs. 22111 Cr | *52 W H/L* 3074/1385
(Nirmal Bang Retail Research)
*Result has improved*
Asset quality details are awaited
NII came at Rs. 226.9 Cr vs YoY Rs. 156 Cr, QoQ Rs. 159.1 Cr
PBP came at Rs. 141.1 Cr vs YoY Rs. 92.7 Cr, QoQ Rs. 91.9 Cr
Provision came at Rs. 4.8 Cr vs YoY Rs. 8.1 Cr, QoQ Rs. 17 Cr
PAT came at Rs. 110.1 Cr vs YoY Rs. 66.2 Cr, QoQ Rs. 59.9 Cr
Quarter EPS is Rs. 14
Share is trading at P/E of 48.9x FY23E EPS & 8.6x trailing P/BV