Hindalco to post Q4 earnings today; here's what brokerages expect

Brokerages are expecting a decline in profit for Hindalco Industries, which is scheduled to post its March quarter earnings on May 16.

ICICIdirect expects Hindalco to report net profit at Rs 593.8 crore, down 3.6 percent year-on-year (-16.7 percent QoQ). Net Sales are expected to decrease 3.9 percent YoY (-6 percent QoQ) to Rs 11,225.6 crore.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise 4.4 percent YoY (-3 percent QoQ) to Rs 1,664.7 crore.

Prabhudas Lilladher is of the view that Hindalco Industries is likely to report net profit at Rs 208.4 crore, down 44.7 percent YoY. Net Sales are expected to increase 0.9 percent YoY (-1.3 percent QoQ) to Rs 11,785.2 crore while EBITDA is likely to fall 25 percent YoY (up 1.6 percent Q-o-Q) to Rs. 943.1 crore, it said in a note.

Narnolia Financial Advisors models a 31 percent decline in profit to Rs 261 crore. Standalone (ex-Utkal) revenue is expected at Rs 11,470 crore. The expected YoY fall is due to fall in LME aluminium and LME copper, plus a lower copper volume.

It expects aluminium volume from the company at 325kt as operations run at full capacity while volume is expected to come in at 105kt (down 3 percent YoY, up 6 percent QoQ).

Narnolia projects standalone (ex-Utkal) EBITDA at Rs 951 crore (down 24 percent YoY, up 2 percent QoQ). It said YoY fall is due to higher other expenses, power and fuel cost.

It expects FY19 capex at Rs 1,300 crore. FY20 capex is expected to be higher than FY19 as a major portion of Utkal expansion would come in FY20.

On the other hand, Novelis is expected to deliver 811kt (flat YoY and up 1 percent QoQ) while EBITDA is expected at $276 million (down 12 percent YoY and 3 percent QoQ) due to lower LME aluminium.

Kotak Institutional Equities expects EBITDA (including Utkal Alumina) to decline 16 percent QoQ to Rs 1,430 crore (-11 percent YoY) due to lower LME aluminium prices. Net sales are expected to rise 6.1 percent QoQ to Rs 11,207.5 crore.

Kotak estimates aluminium EBITDA (including Utkal) to decline 21 percent QoQ to Rs 1,010 crore (-20 percent YoY).

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Stocks in the news: Sun Pharma, Indian Hotels, Lux Industries, Bata, Oil India, RCF

Here are stocks that are in the news today:

Results on February 13: Bharat Forge, Reliance Capital, Bosch, Godrej Industries, Sandesh, Shah Alloys, Zenith Exports, Aster DM Healthcare, Kiri Industries, Gufic Biosciences, HPL Electric & Power, Gujarat Raffia Industries, Barak Valley Cements, Fortis Healthcare, GSS Infotech, Aries Agro, Ruchira Papers, Hindustan Composites, Country Club Hospitality & Holidays, Murudeshwar Ceramics, RSWM, Dhunseri Ventures, Rohit Ferro-Tech,

Golden Tobacco, Hubtown, Jindal Worldwide, Harrisons Malayalam, Aarvee Denims & Exports, Modi Rubber, Technocraft Industries (India), Binani Industries, Orchid Pharma, Arcotech, Zenith Birla (India), Commercial Engineers & Body Builders Co, KDDL, Manaksia Coated Metals & Industries, Manaksia Aluminium Company, Electrotherm (India), The Ruby Mills, Garware Technical Fibres,

Gulf Oil Lubricants India, Siti Networks, Compuage Infocom, Spacenet Enterprises India, Oracle Financial Services Software, Gillanders Arbuthnot & Company, Transformers And Rectifiers (India), SP Apparels, Girdharilal Sugar and Allied Industries, Zodiac Clothing Company, Adhunik Industries, NBCC (India), Patspin India, Niraj Ispat Industries, Goldiam International,

Ansal Properties & Infrastructure, Sicagen India, Arcotech, Raj Rayon Industries, Talwalkars Better Value Fitness, Soma Textiles & Industries, Zenith Birla (India), Vardhman Holdings, Take Solutions, A2Z Infra Engineering, Bigbloc Construction, Amit Spinning Industries, Adani Gas, The Grob Tea Company, Gujarat Apollo Industries, HOV Services, Mayur Uniquoters, Igarashi Motors India

Biofil Chemicals & Pharmaceuticals, Adani Transmission, Raj Television Network, Sharda Motor Industries, Veto Switchgears And Cables, Beardsell, Ansal Housing, Bal Pharma, Dharani Sugars & Chemicals, Shree Rama Multi-Tech, Kesar Enterprises, Arcotech, Radaan Mediaworks India, Jagsonpal Pharmaceuticals, Stampede Capital, Cosmo Films, XL Energy, Vascon Engineers, Sangam (India),

Gayatri Highways, Kirloskar Electric Company, Asian Hotels (East), Sree Rayalaseema Hi-Strength Hypo, Viceroy Hotels, The Byke Hospitality, Mcnally Bharat Engineering Company, IVP, Ruchi Soya Industries, Ramky Infrastructure, Mandhana Retail Ventures, SPL Industries, Tamilnadu Telecommunication, Sastasundar Ventures, Greenlam Industries, Prakash Constrowell, Cinevista, Cineline India,

Quick Heal Technologies, Salona Cotspin, Prozone Intu Properties, Vardhman Polytex, MIC Electronics, Schneider Electric Infrastructure, Onelife Capital Advisors, Talwalkars Better Value Fitness, Tantia Constructions, GPT Infraprojects, Career Point, Gujarat Fluorochemicals, Sree Rayalaseema Hi-Strength Hypo, Mukta Arts, Spentex Industries, Indo Rama Synthetics (India),

Xchanging Solutions, Schaeffler India, Lemon Tree Hotels, ARSS Infrastructure Projects, Triveni Engineering & Industries, Alchemist, Gulshan Polyols, Proseed India, Capital Trust, Gujarat Mineral Development Corporation, Kanoria Chemicals & Industries, PNC Infratech, GTN Textiles, Polyplex Corporation, Tamil Nadu Newsprint & Papers, 8K Miles Software Services, Nitesh Estates,

Hindusthan National Glass & Industries, Mercator, Saksoft, Indo-National, Repco Home Finance, Khaitan Electricals, KCP, GSS Infotech, Man Infraconstruction, Kothari Sugars And Chemicals, Gyscoal Alloys, Sanco Industries, Kirloskar Electric Company, Viji Finance

Sun Pharma Q3: Consolidated profit jumps to Rs 1,241.8 crore versus Rs 321.6 crore; revenue rises 16.3 percent to Rs 7,740.2 crore versus Rs 6,653.2 crore YoY.

ADF Foods Q3: Profit increases to Rs 5 crore versus Rs 0.3 crore; revenue rises 15.4 percent to Rs 60.8 crore versus Rs 52.7 crore YoY.

Indian Hotels Q3: Profit rises 51 percent to Rs 170 crore versus Rs 112.6 crore; revenue jumps 10.5 percent to Rs 1,323.4 crore versus Rs 1,197.3 crore YoY.

Lux Industries Q3: Profit surges 31.4 percent to Rs 24.3 crore versus Rs 18.5 crore; revenue rises 1 percent to Rs 283.5 crore versus Rs 280.8 crore YoY.

Bata India Q3: Profit spikes 51.4 percent to Rs 103.2 crore versus Rs 68.1 crore; revenue rises 5.5 percent to Rs 778.7 crore versus Rs 674 crore YoY.

Oil India Q3: Profit jumps 43.1 percent to Rs 1,233.4 crore versus Rs 862 crore; revenue falls 6.1 percent to Rs 3,514 crore versus Rs 3,743.6 crore QoQ.

Asian Granito Q3: Profit falls to Rs 5 crore versus Rs 12.9 crore; revenue rises to Rs 296.2 crore versus Rs 263.8 crore YoY.

RCF Q3: Profit jumps to Rs 49.9 crore versus Rs 17.9 crore; revenue up 19.5 percent at Rs 2,353.5 crore versus Rs 1,969 crore YoY.

Natco Pharma Q3: Consolidated profit dips 25.4 percent to Rs 162 crore versus Rs 217.3 crore; revenue falls 1.6 percent to Rs 531.9 crore versus Rs 540.3 crore YoY.

TCI Q3: Profit increases 7.2 percent to Rs 29.9 crore versus Rs 27.9 crore; revenue rises 19.3 percent to Rs 662.4 crore versus Rs 555.3 crore QoQ.

Lovable Lingerie Q3: Profit falls to Rs 2.07 crore versus Rs 2.27 crore; revenue rises to Rs 50.7 crore versus Rs 39.8 crore YoY.

Alembic Pharmaceuticals: Company gets USFDA approval for Fenofibrate tablets.

Religare Enterprises Q3: Loss at Rs 10.32 crore versus loss Rs 45.09 crore; revenue falls to Rs 0.77 crore versus Rs 2.25 crore YoY.

Prestige Estates Projects Q3: Profit dips to Rs 58.1 crore versus Rs 89.4 crore; revenue declines to Rs 1,077.6 crore versus Rs 1,272.3 crore YoY.

Bharat Road Network Q3: Profit falls to Rs 4.95 crore versus Rs 10.88 crore; revenue dips to Rs 2.88 crore versus Rs 3 crore YoY.

DHFL: Vijaya Sampath expressed her desire to resign from the position of an Independent Director due to personal reasons.

Jain Irrigation Systems Q3: Consolidated profit jumps to Rs 82.42 crore versus Rs 66.98 crore; revenue rises to Rs 2,038 crore versus Rs 1,865.64 crore YoY.

Pennar Industries Q3: Consolidated profit rises to Rs 13.70 crore versus Rs 13.25 crore; revenue jumps to Rs 567.63 crore versus Rs 415 crore YoY.

Zenith Birla India: Company entered in to one time settlement with Invent Assets Securitisation & Reconstruction Pvt. Ltd (loan assigned by State Bank of India) against the credit facilities availed by the company.

NLC India Q3: Profit rises to Rs 329.5 crore versus Rs 313.80 crore; revenue increases to Rs 1,873.82 crore versus Rs 1,706.5 crore YoY.

Sadbhav Infrastructure Project Q3: Loss at Rs 28 crore versus Rs 39.8 crore; revenue rises to Rs 955 crore versus Rs 548.6 crore YoY.

Southern Gas: Board appointed Rajeev Nagarsenkar, currently holding the position of accounts manager as the Chief Financial Officer (CFO).

Manpasand Beverages Q3: Profit falls to Rs 9.83 crore versus Rs 12 crore; revenue rises to Rs 163.5 crore versus Rs 143 crore YoY.

Patel Engineering Q3: Profit rises to Rs 28.74 crore versus Rs 6.87 crore; revenue falls to Rs 484.1 crore versus Rs 635.7 crore YoY.

Matrimony.com Q3: Profit falls to Rs 6.8 crore versus Rs 23 crore; revenue rises to Rs 85.3 crore versus Rs 83.7 crore YoY.

Container Corporation of India Q3: Profit dips to Rs 275 crore versus Rs 277 crore; revenue rises to Rs 1,657 crore versus Rs 1,605 crore YoY.

Tata Power Solar: Company launches an extensive residential rooftop solution at Chandigarh.

Kesoram Industries Q3: Loss at Rs 115.35 crore versus loss Rs 43.17 crore; revenue rises to Rs 984 crore versus Rs 883 crore YoY.

3M India Q3: Consolidated profit rises to Rs 110 crore versus Rs 94 crore; revenue increases to Rs 791 crore versus Rs 683 crore YoY.

GTPL Hathway Q3: Consolidated profit dips to Rs 18.55 crore versus Rs 19.5 crore; revenue rises to Rs 314.5 crore versus Rs 278.4 crore YoY.

C & C Constructions Q3: Consolidated loss at Rs 8.4 crore versus profit Rs 10.2 crore; revenue falls to Rs 239.8 crore versus Rs 275.2 crore YoY.

Shakti Pumps (India) Q3: Consolidated profit falls to Rs 12.6 crore versus Rs 16.67 crore; revenue rises Rs 152 crore versus Rs 148 crore YoY.

L&T Technology Services: A client of company, in the telecom & hitech reporting segment, has decided to assume ownership of engineering for their core product. Other engagements with this client continue and LTTS is in discussions to partner with the client in multiple adjacent areas, as they look to invest and expand their business. Company reaffirms its FY19 revenue guidance and its expectation of mid-teens revenue growth in FY20 in USD terms.

DQ Entertainment (International) Q3: Consolidated loss at Rs 29 crore versus loss Rs 17.74 crore; revenue rises to Rs 69.72 crore versus Rs 23.95 crore YoY.

Transport Corporation of India Q3: Profit rises to Rs 30 crore versus Rs 28 crore; revenue increases to Rs 662.5 crore versus Rs 555.3 crore YoY.

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Source: Moneycontrol

Stocks in the news: Hindalco, Axis Bank, Max India, Alembic Pharma, PI Industries, Edelweiss

Here are stocks that are in the news today:

Results on February 12: Coal India, Sun Pharma, Hindalco Industries, CRISIL, Excel Realty, Karur Vysya Bank, HMT, Krebs Biochemicals and Industries, Religare Enterprises, HEG, Tree House Education & Accessories, Global Vectra Helicorp, Orissa Minerals Development Company, RITES,

D-Link (India), Opto Circuits (India), Mask Investments, Vadilal Industries, Indbank Merchant Banking Services, Redington (India), Lyka Labs, Patel Engineering, TGB Banquets And Hotels, NLC India, Automotive Axles, NCC, Jain Irrigation Systems, GE Power India, Olectra Greentech, Kilitch Drugs (India),

Coral India Finance & Housing, Shirpur Gold Refinery, Omaxe, Vidhi Specialty Food Ingredients, GTPL Hathway, GRP, Dhanuka Agritech, Kesoram Industries, Rajdarshan Industries, Rashtriya Chemicals and Fertilizers, Atcom Technologies, Indowind Energy, HeidelbergCement India, Gujarat Sidhee Cement,

Transport Corporation of India, 3M India Oil India, Nila Spaces, JK Paper, Pennar Industries, Hindustan Motors, Balaji Telefilms, Matrimony.Com, DB (International) Stock Brokers, Thomas Scott (India), Emami Realty, Bang Overseas, Bedmutha Industries, Rajasthan Petro Synthetics, Goldstone Technologies,

Prakash Steelage, BLB, Prabhat Dairy, Dollar Industries, Bharat Road Network, ADF Foods, Jocil, Metalyst Forgings, Pearl Global Industries, Punjab & Sind Bank, Deccan Cements, Nelcast, DCW, IPCA Laboratories, Mukand Engineers, Assam Company India, IOL Chemicals and Pharmaceuticals, Indian Hotels Company,

CIL Nova Petrochemicals, Indbank Merchant Banking Services, Silicon Valley Infotech, Tamilnadu PetroProducts, DCM Financial Services, Alps Industries, Birla Cable, MIRC Electronics, Dhunseri Tea & Industries, GTN Industries, Manali Petrochemicals, ISMT, Brightcom Group, DB Realty,

OnMobile Global, Malu Paper Mills, TPL Plastech, The Western India Plywoods, Renaissance Jewellery, Cords Cable Industries, Industrial Investment Trust, JHS Svendgaard Laboratories, Blue Blends (I), Vimal Oil & Foods, J Kumar Infraprojects, Jullundur Motor Agency (Delhi), Neuland Laboratories,

Shree Ganesh Forgings, Lincoln Pharmaceuticals, Natco Pharma, SKIL Infrastructure, Prabhat Dairy, Magadh Sugar & Energy, Indian Metals & Ferro Alloys, Poddar Housing and Development, Zicom Electronic Security Systems, Jindal Poly Films, TCI Developers, C & C Constructions, Lovable Lingerie,

Celebrity Fashions, Indian Terrain Fashions, Usha Martin Education & Solutions, Amrutanjan Health Care, Fineotex Chemical, Hotel Leela Venture, Shakti Pumps (India), Aksh Optifibre, Lux Industries, Asian Hotels (North), Sanghvi Forging and Engineering, Som Distilleries & Breweries,

Container Corporation of India, Asian Granito India, Clariant Chemicals (India), Kothari Petrochemicals, Crest Ventures, BLS International Services, PG Electroplast, Asahi India Glass, Intrasoft Technologies, Sadbhav Infrastructure Project, BSEL Infrastructure Realty, DQ Entertainment (International),

Linc Pen & Plastics, Action Construction Equipment, Ambika Cotton Mills, PSL, Manpasand Beverages, Bajaj Hindusthan Sugar, 63 moons technologies, Sambhaav Media, Prestige Estates Projects, Hind Rectifiers, Southern Petrochemicals Industries Corporation, Bata India, Shyam Telecom, Rama Steel Tubes,

Pradip Overseas, Man Industries (India), MM Forgings, Panama Petrochem, INEOS Styrolution India, Som Distilleries & Breweries, OCL Iron and Steel, Nila Infrastructures, Banco Products (I)

United Bank of India: Bank allotted more than 181.73 crore equity shares at a price of Rs 11.88 apiece to the President of India, aggregating Rs 2,159 crore.

State Trading Corporation Q3: Loss at Rs 839 crore versus profit at Rs 19 crore; revenue falls to Rs 1,623 crore versus Rs 2,237 crore YoY.

Triveni Turbine Q3: Profit increases to Rs 22.83 crore versus Rs 19.4 crore; revenue rises to Rs 211.34 crore versus Rs 165.6 crore YoY.

India Home Loan: Board approved fund raising plan.

ITI Q3: Consolidated profit dips to Rs 13.6 crore versus Rs 76.24 crore; revenue jumps to Rs 563.2 crore versus Rs 251 crore YoY.

Andhra Bank Q3: Loss at Rs 578.6 crore versus Rs 532 crore; net interest income rises to Rs 1,698.27 crore versus Rs 1,672.21 crore YoY.

Spencer's Retail Q3: Consolidated loss at Rs 0.11 crore versus loss Rs 4.79 crore; revenue rises to Rs 573.5 crore versus Rs 538 crore YoY.

Ashapura Minechem Q3: Consolidated loss at Rs 18.2 crore versus loss Rs 4.07 crore; revenue falls to Rs 87.8 crore versus Rs 175.65 crore YoY.

BL Kashyap and Sons Q3: Profit falls to Rs 4.5 crore versus Rs 9.7 crore; revenue dips to Rs 187 crore versus Rs 242.6 crore YoY.

Axis Bank: Specified Undertaking of the United Trust of India (SUUTI) to sell up to 5,07,59,949 (representing 1.98 percent of paid-up equity) equity shares of Axis Bank, on February 12 and 13, with an option to additionally sell 2,63,37,187 (1.02 percent) equity shares through offer for sale.

GE T&D India Q3: Profit dips to Rs 5.3 crore versus Rs 7.2 crore; revenue falls to Rs 117 crore versus Rs 144 crore YoY.

Ind-Swift Q3: Loss at Rs 3.7 crore versus Rs 14 crore; revenue dips to Rs 64 crore versus Rs 77 crore YoY.

IL&FS Transportation Networks: Interest due and payable on February 11 on the NCD was not paid to the debenture holders due to insufficient funds.

Gujarat Narmada Valley Fertilizers & Chemicals Q3: Profit dips to Rs 165.7 crore versus Rs 227.88 crore; revenue drops to Rs 1,219.2 crore versus Rs 1,590.9 crore YoY.

PI Industries Q3: Profit rises to Rs 107.3 crore versus Rs 80.6 crore; revenue rises to Rs 707.5 crore versus Rs 537.7 crore YoY.

Rico Auto Industries Q3: Profit dips to Rs 10.80 crore versus Rs 13.2 crore; revenue rises to Rs 334.5 crore versus Rs 303 crore YoY.

Ind-Swift Labs Q3: Profit jumps to Rs 42.26 crore versus Rs 0.07 crore; revenue rises to Rs 196 crore versus Rs 166 crore YoY.

Gulf Oil Lubricants India: Company announced its association with Mahindra Logistics to strengthen its supply chain and to implement its post GST supply chain consolidation strategy.

Jaypee Infratech Q3: Loss at Rs 326.6 crore versus loss Rs 361.3 crore; revenue rises to Rs 338.6 crore versus Rs 59.9 crore YoY.

Edelweiss Financial Services: Allianz Investment Management strategically invests in Edelweiss' Private Debt Platform'.

Hindustan Copper Q3: Profit rises to Rs 34.6 crore versus Rs 19 crore; revenue increases to Rs 474 crore versus Rs 431 crore YoY.

Corporation Bank Q3: Profit at Rs 60.5 crore versus loss Rs 1,240.5 crore; net interest income rises to Rs 1,303.02 crore versus Rs 1,263.41 crore YoY.

Persistent Systems: Company appoints Christopher O'Connor as CEO designate.

JBM Auto Q3: Profit rises to Rs 18 crore versus Rs 15.14 crore; revenue increases to Rs 430 crore versus Rs 396 crore YoY.

Alembic Pharma: Aleor Dermaceuticals, a 60:40 Joint Venture between company and Orbicular Pharmaceutical Technologies, has completed United States Food and Drug Administration inspection at its formulation manufacturing facility located at Karakhadi, Gujarat, India; with two observations.

Bhartiya International: Board approved appointment of Snehdeep Aggarwal as an Executive Chairman and Raj Kumar Chawla as the CFO of the company.

Max India: Rahul Khosla to transition from Group President to a Group Advisor role in line with agreed plans; Analjit Singh to become Chairman of Max Life and Max India; Mohit Talwar to become Group Vice Chairman.

Skipper Q3: Profit dips to Rs 6.45 crore versus Rs 29.2 crore; revenue declines to Rs 434.8 crore versus Rs 566.4 crore YoY.

Astral Poly Technik Q3: Profit rises to Rs 52.7 crore versus Rs 46.3 crore; revenue jumps to Rs 633.7 crore versus Rs 512.3 crore YoY.

Mangalam Drugs Q3: Loss at Rs 4.4 crore versus profit Rs 6 crore; revenue dips to Rs 48.6 crore versus Rs 74 crore YoY.

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Contact us @ +91-9644405056

Source: Moneycontrol