INSUBCONTINENT EXCLUSIVE:
As many as four Nifty companies such as Cipla, GAIL, Power Grid and State Bank of India are slated to announce their financial results for
the quarter to September on Monday
Shares of Cipla, GAIL and SBI were up 0.41 per cent, 1.48 per cent and 1.19 per cent at Rs 611, Rs 374.50 and Rs 288.85, respectively, in
Power Grid was down 1.66 per cent at Rs 186.85.
What to track in upcoming quarterly numbers A look
SBIBrokerage firm Sharekhan expects domestic loan growth of SBI to improve, but below industry average, driven by retail loans and some
International book is expected to decline
Incremental stress is likely to be contained and slippages anticipated to be lower sequentially
The brokerage house sees 20.80 per cent and 20.70 per cent year-on-year rise in net interest income (NII) and pre-provisioning profit
However, Sharekhan has projected 80.90 per cent YoY fall in profit after tax for SBI.
CiplaEdelweiss Securities sees 8.9 per cent, 4.7 per
cent and 9.4 per cent year-on-year rise in revenue, Ebitda and core PAT, respectively, for the pharmaceutical company
“US revenue ($100 million) is expected to remain flat QoQ as launch of gSustiva, gIsuprel and gVoltaren will likely offset base erosion
India business is expected to grow 4 per cent YoY, on a base made unfavourable by GST restocking
Ebitda margins will likely remain in the 18-19 per cent range,” the brokerage house said.
Power GridEdelweiss Securities projected 17.70
per cent, 11.80 per cent and 5.5 per cent year-on-year rise in revenue, Ebitda and core PAT, respectively, for Power Grid
It expects capitalisation of Rs 6,500 crore leading to regulated equity addition of Rs 1,900 crore
Closing Regulated equity book of Rs 58,700 crore will drive 12 per cent Ebitda growth and 18 per cent revenue growth on a YoY
basis.
GAILIDBI Capital Markets sees 9.7 per cent 16.10 per cent and 44 per cent year-on-year growth in PAT, Ebitda and revenue,
respectively, for GAIL India
“We expect volume growth across segment where gas transmission/trading volume to grow 1.3 per cent/15.8 per cent YoY to 107/92mmscmd
Higher trading profits and LPG margins are likely to aid growth,” the brokerage house said in a report.
