Q3 – 2016

JK Bank Q3 – 2016: Profits rising…!!

Jk Bank is the only bank who had reported profits climbing up with compare to bunch of state run banks. Many state owned bank had seen their profits slump due to increase in their provisions and contingencies account as per RBI Guidelines.

JK Bank had already started cleaning its balance sheet two quarters ahead of […]

By |February 12th, 2016|Q3 - 2016|0 Comments|

Whirlpool of India Q3 – 2016: Party continues….

Last Friday Whirlpool of India reported its third quarter and nine months report for the 2016 financial year.

Net revenues from the operations had grown by 14% compare to last quarter and 13% compare to third quarter last year. Operating profit margins stand at 9% for this quarter and for the 9 month period at […]

By |February 9th, 2016|Q3 - 2016|0 Comments|

Eicher Motors Q4 – 2016: party time

Eicher motors released its 4th quarter results for the year end 2016 which were very impressive. The net revenues had grown by 45% compare to last year quarter, EBIDTA stand at Rs 507 crore compare to Rs 303 crore last year quarter. Net profits had grown by 72% compare to last year quarter.

Eicher motor […]

By |February 5th, 2016|Q3 - 2016|0 Comments|

Tata Steel: where are steel price heading….?

 

We do not track Tata Steel, as it fails our investment quality grade. But let me share you our rationale why you should avoid investing in this stock.

China produces around 825 million tonnes of steel every year and this is expected to grow by 2.5% per anum that many analyst expect. China by itself […]

By |February 5th, 2016|Q3 - 2016|1 Comment|

Mindtree: Q3 – 2016

Mindtree reported its third quarter and nine months results for the 2016. They reported 31% growth in its revenues compare to last year quarter and 26% so far for the nine months results compare to last year.

Operating profit margin before taxes for the quarter stands at 16% and for the nine months at 17%. […]

By |February 4th, 2016|Q3 - 2016|0 Comments|

Hindustan Unilever: Q3 – 2016

If you had read the quarter three report of HUL then you might have noticed the first line in bold letters say, “sustained volume-led profitable growth: 6% underlying volume growth, operating profit (PBIT) up 7%”

Here we look at the quarterly and 9 months performance of HUL.

HUL
Q3 – 2016
Q3 – 2015
% change
9mths – 2016
9mths – […]

By |February 2nd, 2016|Q3 - 2016|0 Comments|

NIIT Technologies: Q3 – 2016

NIIT Technologies is turning its corners from the sluggish 2015 financial year where they just reported 9% as their return on equity.

The gross revenues of the business had jumped by 14% compare to last year third quarter, and hardly changed compare to last quarter of this financial year. Operating profits jumped up by 43% […]

By |January 27th, 2016|Q3 - 2016|0 Comments|

Gruh Finance: Q3 – 2016

Gruh Finance reported its third quarter results recently and reported a growth of 4% in its total income compare to 2nd quarter of 2016 and a strong growth of 19% compare to last year third quarter.

The Net Profits had also matched the top level growth of 4% compare to second quarter of 2016 and […]

By |January 27th, 2016|Q3 - 2016|0 Comments|

Axis Bank Q3 – 2016: Review

We had seen a lot of volatility in the stock price of Axis Bank in the last 3 weeks. How does Axis bank business looks after its third quarter results.

 
Q3 – 2016
Q3 – 2015
% Change
9 Mts -16
9 Mts – 15
% change

Interest Income
10,193.33
8,889.74
15%
30,089.08
25,781.52
17%

Other Income
2,337.78
2,039.07
15%
6,677.45
5,677.73
18%

Operating expenses
2,514.78
2,314.03
9%
7,252.75
6,730.07
8%

Provision & Contingencies
712.59
507.15
41%
2,541.53
1,618.79
57%

Net Profits
2,175.30
1,899.76
15%
6,069.38
5,177.23
17%

Gross non-performing asset


 
5,724.05
3,901.59
47%

Net non-performing asset


 
2,514.09
1,250.67
101%

Deposits


 
338,342.83
291,198.65
16%

Loan Book
 
 
 
315,367.23
260,567.23
21%

 

Looking at the […]

By |January 22nd, 2016|Q3 - 2016|0 Comments|

TCS or Infosys… Which one is trading at discount?

Two IT giants reported their third quarter and nine month results for the 2016 this week. They both are investment quality business but we see a discrimination in valuing both businesses.

Let us have a quick glance on both the businesses results so far:

Infosys:

Infosys
Q3 – 2016
Q3 – 2015
% change
9 mth – 16
9 mth – 15
% […]

By |January 15th, 2016|Q3 - 2016|0 Comments|