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Economic Times
29-05-2025
- Business
- Economic Times
SAIL shares in focus after Q4 profit up 11% YoY to Rs 1,251 crore
Shares of Steel Authority of India Limited (SAIL) will be in focus after the company reported an 11% year-on-year (YoY) rise in consolidated net profit for Q4FY25 at Rs 1,251 crore, compared with Rs 1,125 crore in the same quarter last year. The profit is attributable to the owners of the parent company. ADVERTISEMENT Revenue from operations for the quarter under review stood at Rs 29,316 crore, up 5% from Rs 27,959 crore in Q4FY24. On a sequential basis, profit after tax (PAT) surged 781% from Rs 142 crore in Q3FY25, while revenue rose 20% from Rs 24,490 crore in the October–December quarter. Also Read: These 10 Nifty microcap stocks can rally 70-200% in the next 12 monthsThe company's Board of Directors have recommended a final dividend of Rs 1.60 per equity share for the Financial Year 2024-25. The final dividend will be paid within 30 days from the date of approval by the Shareholders in the ensuing Annual General Meeting, the date of which will be intimated in due course, SAIL's filing to the exchanges company incurred expenses of Rs 28,021 crore in the quarter under review versus Rs 24,560 crore in Q3FY25 and Rs 26,474 crore in the year-ago period. The expenses were incurred under the headline cost of materials consumed, employee benefits expense, finance cost and depreciation & amortisation expenses. ADVERTISEMENT For the full financial year, the company reported a PAT of Rs 2,372 crore, which was down from Rs 3,067 crore in FY25. The profit fell due to higher expenses reported in the quarter ended March 31, for the full-year revenue, a 3% drop was recorded at Rs 1,02,479 crore versus Rs 1,05,378 crore in Q4FY25. ADVERTISEMENT Also Read:KEI Industries, DCB Bank among 10 small-cap stocks analysts expect to gain up to 75% According to Trendlyne, the average target price for SAIL is Rs 110, indicating a downside of nearly 15% from current levels. Of the 26 analysts tracking the stock, the consensus rating is 'Hold'. ADVERTISEMENT While SAIL shares have gained 23% over the past three months, they are down 21% over the past year. The company's current market capitalisation stands at Rs 53,195 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Business Standard
07-05-2025
- Business
- Business Standard
KEI Industries spurts as Q4 PAT soars 34% YoY to Rs 227 crore
KEI Industries soared 5.08% to Rs 3,363 after the company's consolidated net profit spiked 34.45% to Rs 226.55 crore on 25.10% increase in revenue from operations to Rs 2,914.8 crore in Q4 FY25 over Q4 FY24. Profit before tax jumped 34.28% year on year to Rs 305.16 crore in Q4 FY25. EBITDA stood at Rs 338 crore in Q4 FY25, registering the growth of 30%, compared with Rs 260 crore recorded in corresponding quarter last year. EBITDA margin in this quarter has increased to 11.61% as against 11.15% posted in Q4 FY24. The company's revenue from Cables & Wires was at Rs 2,796.8 crore (up 34.51% YoY), and revenue from Stainless Steel Wire stood at Rs 46.15 crore (down 19.96% YoY) during the quarter. However, the company's revenue from EPC projects fell 34.38% to Rs 223.40 crore in Q4 FY25. On a year on year basis, the company's net profit rose 19.91% to Rs 696.41 crore on 19.88% increase in revenue to Rs 9,735.9 crore in FY25 over FY24. KEI Industries manufactures wires and cables (W&C) like EHV cables, HT cables, LT cables, and sells them in India and overseas.
Economic Times
07-05-2025
- Business
- Economic Times
Stocks to buy amid India-Pakistan tensions: CG Power, KEI Industries, BoB could give 18-25% return
Following India's precision strikes on terror hubs, the market experienced an initial dip, with the Sensex falling. Experts suggest the market impact will depend on the opposing side's response, considering the strikes' focused nature. Brokerages recommend strategic investment during this dip, highlighting opportunities in Bank of Baroda, KEI Industries, and CG Power. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Bank of Baroda: Maintain Buy rating with target price of Rs 265| LTP Rs 223| Upside 18% Nuvama on KEI Industries: Maintain Buy rating with a target price of Rs 4,010| LTP Rs 3193| Upside 25% Tired of too many ads? Remove Ads Emkay Global on CG Power: Buy| Target Rs 765| LTP Rs 597| Upside 28% Indian market witnessed a knee jerk reaction on Wednesday after the Indian Army, Navy, and Air Force launched joint precision strikes on 9 terror hubs in Pakistan and BSE Sensex fell more than 200 points in the first 15 minutes of trade while the Nifty50 managed to hold on to 24,300 a market perspective, what makes 'Operation Sindoor' noteworthy is its focused and non-escalatory nature, suggest the possibility of a retaliatory strike by India was already expected and priced in by investors. Going forward, market sentiment will depend on how the opposing side chooses to respond to these strikes."What stands out in ' Operation Sindoor ' from the market perspective is its focused and non-escalatory nature,' Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.'We have to wait and watch how the enemy reacts to these precision strikes by India. The market is unlikely to be impacted by the retaliatory strike by India since that was known and discounted by the market,' he should approach the current market dip strategically rather than reactively. Use the dip as an opportunity to rebalance—trim exposure to overvalued segments and add to underperforming but fundamentally sound has maintained a Buy rating on Bank of Baroda , setting a target price of Rs 265, implying an upside of 18% from the current market price of Rs 223. The brokerage noted that the bank had a weak quarter, primarily due to disappointing net interest margins (NIMs).However, loan and deposit growth remained healthy, rising 5.1% quarter-on-quarter. Nomura believes that the higher growth in lower-yielding segments, such as corporate and home loans, likely contributed to the decline in ahead, it expects NIMs to remain under pressure, with the impact of repo rate cuts becoming more pronounced from the first quarter of has maintained a Buy rating on KEI Industries , with a target price of Rs 4,010, indicating an upside potential of 25% from the current market price of Rs 3, brokerage highlighted that the company has shown significant outperformance compared to its cables and wires (C&W) peers. Given this strong growth trajectory, Nuvama expects a sharp recovery in the stock moving Global has reiterated a Buy rating on CG Power & Industrial Solutions, with an unchanged target price of Rs 765, implying a potential upside of 28% from the current market price of Rs brokerage noted that Q4FY25 results were broadly mixed, with revenue in line with expectations, although profit after tax (PAT) showed a marginal miss. On a consolidated basis, revenue, EBITDA, and PAT grew 26%, 28%, and 23% year-on-year, reaching Rs 27.5 billion, Rs 3.6 billion, and Rs 2.9 billion, the Industrial and Power Systems segments posted strong revenue growth of 21% and 28% YoY, respectively. However, profitability in the industrial segment was affected by the rise in copper prices and losses in new business areas that are still in the investment phase.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
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Business Standard
07-05-2025
- Business
- Business Standard
KEI Industries shares up 5% after Q4 results; earnings analysis here
The company's stock rose as much as 5.04 per cent during the day to ₹3,354 per share SI Reporter Mumbai Shares of KEI Industries rose over 5 per cent on Wednesday's intraday session after it reported a 34 per cent jump in its net profit for the fourth quarter of the previous financial year (FY25). The company's stock rose as much as 5.04 per cent during the day to ₹3,354 per share. The stock pared gains to trade 4.4 per cent higher at ₹3,335 apiece, compared to a 0.08 per cent decline in Nifty 50 as of 12:02 PM. Shares of the company have recovered by about 37 per cent from its lows of ₹2,424, which it hit in early April. The stock has fallen by 25 per cent this year, compared to a 3 per cent advance in the benchmark Nifty 50. KEI Industries Q4 analysis KEI Industries reported a 34.46 per cent rise in net profit to ₹226.55 crore for the quarter ended March 2025, compared to ₹168.49 crore in the corresponding quarter of the previous year. Revenue for the quarter grew 25.11 per cent to ₹2,914.79 crore, up from ₹2,329.86 crore in the March 2024 quarter. For the full year ended March 2025, net profit increased 19.92 per cent to ₹696.41 crore as against ₹580.74 crore in the previous year. Annual revenue rose 19.89 per cent to ₹9,735.88 crore from ₹8,120.73 crore in the year ended March 2024. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose 18 per cent year-on-year to ₹301.30 crore, although operating margins declined slightly to 10.30 per cent from 11.00 per cent in the corresponding quarter of the previous year.
Business Standard
07-05-2025
- Business
- Business Standard
KEI Industries consolidated net profit rises 34.46% in the March 2025 quarter
Sales rise 25.11% to Rs 2914.79 crore Net profit of KEI Industries rose 34.46% to Rs 226.55 crore in the quarter ended March 2025 as against Rs 168.49 crore during the previous quarter ended March 2024. Sales rose 25.11% to Rs 2914.79 crore in the quarter ended March 2025 as against Rs 2329.86 crore during the previous quarter ended March 2024. For the full year,net profit rose 19.92% to Rs 696.41 crore in the year ended March 2025 as against Rs 580.74 crore during the previous year ended March 2024. Sales rose 19.89% to Rs 9735.88 crore in the year ended March 2025 as against Rs 8120.73 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 2914.792329.86 25 9735.888120.73 20 OPM % 10.3410.95 - 10.1810.52 - PBDT 324.49243.21 33 1007.11842.64 20 PBT 305.16227.45 34 936.97781.29 20 NP 226.55168.49 34 696.41580.74 20
