Driving To Deliver Your Business

Freight rates up on position of trucks, busy cargo movements

ELECTROSTEEL CASTINGS Board approves setting up of 9 MVA submerged arc furnace along with 4.5 MW power plant at Haldia, Purba Medinipur, West Bengal Surplus Prodn from Ferro Alloy Plant after captive use proposed to be sold in open market

Estimated amount to be invested at Rs 61.64 Cr TATA CHEMICALS Cancels Business Transfer Agreement with Unnati Organics

Decision not to affect execution of Project Investment of Rs 295 Cr for Mfg of Dispersible Precipitated Silica RUBY MILLS

MD arrested by CBI Alleged offence committed against a bank by a buyer of an office premise in their IT Park COCHIN SHIPYARD

IPO subscribed 76.1 times on Thursday Received bids for Rs 259.7 Cr compared to Rs 3.4 Cr offered HNI subscribed 288.9 times

QIP subscribed 63.5 times RI subscribed 8.3 times Economic Times Report

AIRTEL Drops plan for merger with Tata’s Telecom, Overseas Cable & DTH Biz Economic Times Report

VIDEOCON SBI led consortium of lenders ordered forensic audit of Co To find if Co foundered due to biz conditions or Fin Mismanagement

Move preliminary to debt restructuring of Co Co defaulted on loans worth Rs 43,000 Cr Economic Times Report

M&M To sell 13.74% of existing stake in Mahindra Logistics as part of proposed IPO PIRAMAL REALTY

Investing Rs 2400 Cr in first commercial Proj Project expected to be completed in next 3 Years Mint Reports

DREDGING CORP Mercator shows interest in acquiring the Co Mint Reports

TATA SEBI closes investigation into allegations raised by Cyrus Mistry Mint Reports

IOC Hikes Petrol Price by 31 Paise/Ltr for Friday, Ex-Delhi Hikes Diesel Price by 25 Paise/Ltr for Friday, Ex-Delhi

Dealers Margin for Petrol & Diesel Revised w.e.f. August 1 OBEROI REALTY

Put off plans to float JV with PE investors for upcoming malls Business Standard Reports JSW STEEL

To consider an investment from japan’s second biggest mill JFE Mint Reports JSW STEEL

Cos considering joint bid for stressed assets Piramal Enterprises to bring in funds; Co to manage assets Business Standard Reports

Hikes lower end of guidance to 9-10% Vs 8-10%

To acquire brilliant basic’s digital innovation & customer experience studio CEAT Q1 REVIEW Net Sales (net of excise) down -0.7% at Rs 1460 Cr Vs Rs 1470 Cr

Net Profit down 98.7% at Rs.

1 Cr Vs Rs.

103 Cr EBITDA down -70.2% at Rs 58 Cr Vs Rs 196 Cr EBITDA Margin down 930bps at 4% Vs 13.3%

PNB HSG FINANCE Q1FY18 REVIEW PAT: Rs 184.8 Cr Vs Rs 95.9 Cr, up 93% NII: Rs 343.6 Cr Vs Rs 209.2 Cr, up 64%

NIM: 3.16% AUM: Rs 46755 Cr Vs Rs 31259 Cr, up 50% Deposits : Rs 10025 Cr Vs Rs 7436 Cr, up 35%

Disbursements: Rs 7794 Cr Vs Rs 5068 Cr, up 54% UJJIVAN FINANCIAL SERVICES Q1 REVIEW Loss at Rs 74.94 Cr Vs Profit At Rs 207.67 Cr

NII: Rs 138.22 Cr Vs Rs 172 Cr, down 19.6% YoY NIM: 9.23% Vs 8.61% QoQ; Vs 12.96% YoY Cost to income: 78% Vs 45.6%

Provisions: Rs 159.2 Cr Vs Rs 7.17 Cr, up 22x QoQ; Vs Rs 75.11 Cr, up 112% YoY GNPA: 6.16% Vs 3.69% QoQ; Vs 0.04% YoY NNPA: 2.3% Vs 0.18% QoQ; Vs 0.18% YoY

JK LAKSHMI CEMENT Q1 REVIEW Net Sales up 8% at Rs 1003.2 Cr Vs Rs 871.8 Cr Net profit down 1% at Rs 28.3 Cr Vs Rs 28.6 Cr

EBITDA up 2% at Rs 130.5 Cr Vs Rs 127.9 Cr EBITDA Margin at 13% Vs 14.6% Other Income down 2% at Rs 10.2 Cr Vs Rs 10.4 Cr

HIMADRI SPECIALTY CHEMICAL Q1FY18 REVIEW Net Sales: Rs 503.85 Cr Vs Rs 284.32 Cr, up 77% PAT: Rs 50.03 Cr Vs Rs 11.63 Cr, up 330%

EBITDA: Rs 100.4 Cr Vs Rs 51.2 Cr, up 96% EBITDA margins: 20% Vs 18.7% KOKUYO CAMLIN Q1FY18 REVIEW

Net Sales: Rs 173.11 Cr Vs Rs 196.54 Cr, down 12% Loss at Rs 1.25 Cr Vs Profit At Rs 4.7 Cr EBITDA: Rs 4.15 Cr Vs Rs 12.66 Cr, down %

EBITDA margins: 2.4% Vs 6.4% VIP INDUSTRIES Q1 REVIEW Net Sales up 8.5% at Rs 406 Cr Vs Rs 374 Cr

Net Profit up 30% at Rs 40.9 Cr Vs Rs 31.43Cr EBITDA up 24% at Rs 63.5 Cr Vs Rs 51 Cr EBITDA Margin up 200 Bps At 15.6% Vs 13.6%

HCC Q1 REVIEW Revenues down 4.8% at Rs 991 Cr Vs Rs 1041 Cr Net Profit up 33% at Rs 14.5 Cr Vs Rs 10.9 Cr

EBIDTA down 1.5% at Rs 170 Cr Vs Rs 172.6 Cr

EBIDTA margin up by 60 Bps At 17.1% Vs 16.5%

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