Latest news with #INR10
Business Insider
2 days ago
- Automotive
- Business Insider
Bajaj Auto Limited (BAJAJ.AUTO) Gets a Hold from Jefferies
In a report released on May 29, Nitij Mangal from Jefferies maintained a Hold rating on Bajaj Auto Limited ( – Research Report), with a price target of INR8,000.00. The company's shares closed last Friday at INR8,607.00. Confident Investing Starts Here: Mangal covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Hero Motocorp Limited, and TVS Motor Company Limited. According to TipRanks, Mangal has an average return of 0.1% and a 43.33% success rate on recommended stocks. Bajaj Auto Limited has an analyst consensus of Strong Buy, with a price target consensus of INR9,161.00, representing a 6.44% upside. In a report released yesterday, Nomura also maintained a Hold rating on the stock with a INR10,020.00 price target.
Business Insider
3 days ago
- Automotive
- Business Insider
Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Nomura analyst Kapil Singh maintained a Hold rating on Bajaj Auto Limited ( – Research Report) today and set a price target of INR10,020.00. The company's shares closed yesterday at INR8,607.00. Confident Investing Starts Here: According to TipRanks, Singh is a 3-star analyst with an average return of 6.0% and a 66.67% success rate. Singh covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Eicher Motors Limited, and Exide Industries Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bajaj Auto Limited with a INR9,161.00 average price target, which is a 6.44% upside from current levels. In a report released yesterday, Macquarie also downgraded the stock to a Hold with a INR8,811.00 price target.
Yahoo
5 days ago
- Business
- Yahoo
Welspun Living Ltd (BOM:514162) Q4 2025 Earnings Call Highlights: Navigating Growth Amid Global ...
Consolidated Revenue: INR10,697 crores for FY25, an 8.8% year-on-year growth. Q4 Revenue: INR2,648 crores, up by 1.2% year-on-year. EBITDA Margin: 13.6% for FY25; Q4 EBITDA margin at 12%. Profit After Tax (PAT): INR639 crores for FY25, compared to INR681 crores last year. EPS: INR6.70 per share for FY25, down by 5% from the previous year. Net Debt: INR1,603 crores, an increase of INR248 crores from last year. Home Textile Revenue: INR8,804 crores for FY25, up by 10.8% year-on-year. Domestic Retail Business: INR605 crores for FY25, a growth of over 5%. Flooring Revenue: INR727 crores for FY25, a decrease of 7% year-on-year. Advanced Textile Revenue: INR562 crores for FY25, growing by 7.8%. CapEx: INR701 crores for FY25, with a planned CapEx of INR300 crores for FY26. Dividend Distribution: Proposed 170% dividend for FY25, amounting to INR163 crores. Warning! GuruFocus has detected 3 Warning Signs with BOM:514162. Release Date: May 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Welspun Living Ltd (BOM:514162) surpassed the INR10,000 crores revenue mark, achieving a consolidated revenue of INR10,693 crores, an 8.8% year-on-year growth. Emerging businesses contribute approximately 30% to the total revenue, showcasing a strong diversified portfolio. The company achieved a significant milestone in sustainability, securing a total ESG score of 83 in the 2024 S&P Global Corporate Sustainability Assessment, ranking fourth globally in its category. Welspun Living's domestic retail business grew over 5% in FY25, reaching INR605 crores, with strong growth momentum in the e-commerce segment, which grew 100% in FY25. The company is expanding its product portfolio for domestic markets through acquisitions, such as acquiring 84.3% equity in a home furnishings company, expected to reach a revenue of INR100-plus crores in three years. The EBITDA margin for Q4 stood at 12%, down 20% year-on-year, primarily due to lower offtake than expected. Profit after tax for the quarter decreased to INR132 crores from INR146 crores year-on-year, with a full-year PAT of INR639 crores, down from INR681 crores. The flooring business recorded a revenue of INR727 crores, declining by 7% in FY25, facing challenges due to US tariffs and other uncertainties. The company experienced margin compression in Q4 due to cautious order patterns from customers ahead of tariff implementation. Welspun Living Ltd (BOM:514162) is unable to provide firm guidance for the current financial year due to prevailing global headwinds and uncertainties. Q: What caused the sharp degrowth in the branded segment of home textiles this quarter, and what is the growth outlook for this segment? A: In India, the branded segment grew annually by 3% despite economic challenges, with a 16% growth in B2C in Q4. The company is targeting a 30% growth in the domestic market this year. The global branded segment remained flat due to order shifts from Q4 to Q1, but overall, the branded business grew by 21% in Q4. Q: Why is the flooring segment struggling despite easing supply chain issues? A: The flooring segment was impacted by tariff uncertainties, leading to cautious order patterns. However, there is optimism due to the China Plus One strategy and partnerships with home improvement chains. Domestic flooring grew by 12% this year, and the company is confident about future growth. Q: How are US tariffs affecting margins and what strategies are in place to mitigate these impacts? A: The US tariffs have introduced uncertainty, but the company is working closely with customers and consulting with a big four firm to minimize impacts. The company has diversified its revenue mix, reducing US dependency from 80% to 60-65%, and is focusing on growth in other regions like the UK and Europe. Q: What is the impact of the UK Free Trade Agreement (FTA) on Welspun's business, and are there opportunities in flooring in the UK? A: The UK FTA presents a significant opportunity, leveling the playing field with Pakistan and Bangladesh. The company is seeing positive retailer engagement and expects growth in towels, sheets, and flooring. The FTA will enhance competitiveness and market share in the UK and Europe. Q: What are the company's plans for capacity expansion to meet new demand in the EU? A: Welspun is increasing its capacity by 10% with a new plant expected to start soon, and additional capacity by Q3 to Q4. This expansion will support growth in all markets, including the UK, leveraging the opportunities presented by the FTA. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
01-05-2025
- Business
- Economic Times
Why HUL is choosing growth over margin
Why HUL is choosing growth over margin Synopsis In the past 15 quarters, HUL's volume growth has mostly been sub-5%. There has been a worry that it is losing market share. For the last five years, its margins have been declining steadily. It was 23.53% in FY25. And during one of the strongest bull markets, shares of HUL have given just 6% returns. In the latest earnings, the company has guided for 100 basis points margin contraction with margins in the range of 22%-23%. As competition from New Age brands intensify, HUL prioritises growth to protect market share With a top line of more than INR60,000 crore and profit of INR10,650 crore, HUL is the largest FMCG company in India. But can it continue to dominate the market? After a successful Delhivery, how this PE fund found an INSTANT second bet in logistics Express logistics is the fastest growing segment within logistics and INSTANT XP, with its unique business Gift ETPrime to your friends Gift a Subscription Now, gift ETPrime subscription to your friend for Free! Gift this Story to your friends Gift a Story Share member-only stories with your friends or family and help them read it for free. FONT SIZE Abc Small Abc Medium Abc Large SAVE PRINT COMMENT Refer & Earn Continue reading with one of these options: Limited Access Free Login to get access to some exclusive stories & personalised newsletters Login Now Unlimited Access Starting @ Rs120/month Get access to exclusive stories, expert opinions & in-depth stock reports Subscribe Now ET Uh-oh! This is an exclusive story available for selected readers only. Worry not. You're just a step away. Sign In to Read for Free Prime Account Detected! It seems like you're already an ETPrime member with Login using your ET Prime credentials to enjoy all member benefits Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Sign in & Access ET Prime Already a Member? Sign In now Already a Member? Sign In now Offer Exclusively For You Save up to Rs. 700/- ON ET PRIME MEMBERSHIP Avail Offer Offer Exclusively For You Get 1 Year Free With 1 and 2-Year ET prime membership Avail Offer Offer Exclusively For You Get 1 Year Free With 1 and 2-Year ET prime membership Avail Offer Offer Exclusively For You Get Flat 40% Off Then ₹ 1749 for 1 year Avail Offer Offer Exclusively For You ET Prime at ₹ 49 for 1 month Then ₹ 1749 for 1 year Avail Offer Special Offer Get flat 40% off on ETPrime Avail Offer Avail Offer Continue with Email Continue with Mobile No. 90 Days Prime access worth Rs999 unlocked for you Claim Now Already a Member? Sign In now
