Category Company Report

Aegis Logistics Ltd: Accelerating Growth in India
Aegis Logistics Ltd: Accelerating Growth in India’s Liquid and Gas Logistics with 25% CAGR

Aegis Logistics Limited: Overview 

Aegis Logistics Ltd. is a leading integrated logistics company in India, specializing in the handling and storage of liquid, gas, and chemical products. Established in 1956, the company operates through two key business segments: Liquid Terminal Division and Gas Terminal Division. These divisions provide end-to-end supply chain solutions for its clients, including storage, distribution, and terminal services. It has two business segments Liquid and Gas Terminal Division, where it provides services such as gas bottling, bulk LPG distribution, and retail operations through partnerships with oil marketing companies. Aegis Logistics has built a robust infrastructure, including state-of-the-art terminals, pipelines, and distribution facilities. The company has leveraged its strategic locations near major consumption centers to cater to the needs of large industrial and retail clients. 

Latest Stock News (9 Jan 2025) 

Aegis Logistics’ share price also rallied driven by recent government directives aimed at strengthening the natural gas sector. On 31 December 2024, a circular was issued by the Ministry of Petroleum and Natural Gas. The circular mandates key changes that directly benefit city gas distribution (CGD) companies, indirectly influencing investor sentiment toward the stock. The GAIL India cannot reduce natural gas allocations to CGD companies without prior approval from the Ministry of Petroleum and Natural Gas. The company is targeting a 25% compound annual growth rate (CAGR) by FY27. With approximately half of its Rs 45 billion (bn) capital expenditure program already completed or underway, it’s on track to meet its growth objectives. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹29133 Crore 
Revenue ₹7062 Crore 
Profit ₹583 Crore 
ROCE 14.7% 
P/E 49.9 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Aegis Logistics 29133 7062 583 14.7% 0.94 26.47 1.06 49.9 
Adani Total Gas 74925 4687 702 21.2% 0.73 61.5 0.37 106.7 
Gujarat Gas 33459 16295 1225 20.5% 1.39 14.6 0.02 27.3 
Petronet LNG 48052 54977 3917 26.4% 2.22 6.5 0.15 12.3 
GAIL 118075 136080 11534 14.6% 1.15 6.87 0.23 10.2 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 7183 3843 4631 8627 7046 
Expenses 6906 3456 4096 7955 6123 
EBITDA 277 388 535 672 923 
OPM 4% 10% 12% 8% 13% 
Other Income 33 37 39 187 190 
Net Profit 134 249 385 511 672 
NPM 1.87% 6% 8% 6% 10% 
EPS 2.93 6.36 10.19 13.2 16.22 

Stock Price Analysis 

In terms of performance, Aegis Logistics has shown a return of -6.48% in one day, 5.81% over the past month, and 20.07% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹354.15 and a high of ₹1035.7. Stock has given CAGR of over 30% for 10 years and the volatility is high right now, and stock has also fallen from its all-time high. 

Tata Elxsi Ltd Global Leader
Tata Elxsi Ltd: Global Leader in Design, Technology, and AI Solutions for Healthcare Industries

Tata Elxsi Ltd: Overview 

Tata Elxsi Ltd is a global leader in design and technology services, offering innovative solutions across multiple industries, including Automotive, Media, Communications, and Healthcare. Established in 1989, the company is part of the Tata Group and specializes in providing integrated services that span research and strategy, electronics and mechanical design, software development, validation, and deployment. With a presence in over 30 countries, Tata Elxsi is supported by a network of global design studios, development centers, and offices worldwide. As per revenue bifurcation Software Development & Services contributes about 97% in revenue. And major revenue comes from Europe 42%, USA 34%, and India 18% and 6% Rest of World. Tata Elxsi has successfully launched Neuron, a powerful AI based platform network transformation. It won multi-million deals across domains cloud connection, 5G network, etc. 

Business Segments: 

  • Transportation: Transportation continues to be a strong beacon of growth for Tata Elxsi, powered by landmark deals in the software-defined vehicle (SDV) and electric vehicle (EV) space driven by our differentiated software capabilities. We also have a suite of EV solutions and expertise to provide OEM support for the design and development of inverters, electric motors, and battery management systems for EVs. Software Defined Vehicle Platform is a key trend in the automotive industry, with OEMs investing in developing in-house SDV platforms. With over 1,000,000 vehicles are now powered by TETHER, including personal vehicles, commercial vehicles, and EVs, the potential to leverage this platform for global OEMs are significant. 
  • Media & Communications: Our Media and Communications vertical posted a modest growth of 0.2% YoY, generating Rs. 1,217.5 crores revenue which comprises 35.3% of SDS operating revenue. Tata Elxsi has been chosen as a strategic partner for transformation of video services across multiple countries for a LATAM headquartered multi-country operator. They launched NEURON, our autonomous network platform that enables telecommunication operators to progress towards Zero-Touch Automation. Serving millions of subscribers with 10,000+ virtualised network functions. 
  • Healthcare & Life Sciences: The Healthcare & Life Sciences vertical posted a growth of 10.8% YoY, generating Rs. 484.9 crores revenue which comprises 14% of SDS operating revenue. The healthcare industry is at the inflection point of a digital transformation, with more institutions investing into connected and smart devices, shift of operations to digital workflows, usage of analytics and increased awareness of regulatory norms, resulting in the opening of new opportunities to enter the field of digital diagnostics and connected healthcare. 

Subsidiary Information: 

  • The company itself is a subsidiary of Tata Sons Pvt Ltd, which holds 42.2% stake in this company. 

Q2 FY25 & Business Highlights 

  • Revenue of ₹939 crore in Q3 FY25 up by 3% YoY from ₹914 crore in Q3 FY24.  
  • EBITDA of ₹247 crore in this quarter at a margin of 26% compared to 30% in Q3 FY24. 
  • Profit of ₹199 crore in this quarter compared to a ₹206 crore profit in Q3 FY24. 
  • All business segments showed a very less growth due to longer deals, soft quarters, etc. Healthcare segment grew by 1.1% YoY. 
  • Tata Elxsi launches an ODC in Pune for Suzuki Motor Corporation, Japan, to accelerate software and virtual development for next generation connected, EV, and ADAS technologies. 
  • Tata Elxsi won a multi-million long-term deal from a leading US headquartered MSO to manage a portfolio of applications that will ramp up over the next two quarters. 
  • Tata Elxsi selected to develop the next-generation connectivity platform for off-highway operations for a global leader in off-highway vehicles. 

Financial Summary 

INR Cr. Q3 FY24 Q3 FY25 FY23 FY24 
Revenue 914 939 3145 3552 
Expenses 644 693 2182 2505 
EBITDA 270 247 962 1047 
OPM 30% 26% 31% 29% 
Other Income 35 40 74 122 
Net Profit 206 199 755 792 
NPM 23% 21% 24% 22% 
EPS 33.2 31.95 121.3 127.2 
Tata Technologies Limited report
Tata Technologies Limited: Driving Innovation in Engineering and Digital Services

Tata Technologies Limited: Overview 

Tata Technologies is a leading global engineering and product development digital services company, specializing in providing end-to-end solutions for the automotive, aerospace, industrial machinery, and other manufacturing sectors. Founded in 1989 and headquartered in Pune, India, the company delivers services in product engineering, manufacturing engineering, and IT solutions, helping clients enhance product innovation, reduce time-to-market, and optimize costs. Tata Technologies leverages advanced technologies such as AI, IoT, and Industry 4.0 to support its clients in achieving digital transformation. With a global footprint and a focus on sustainable solutions, the company plays a pivotal role in driving innovation across the industrial landscape. The total employee headcount is 12680 employees as of Q2 FY25. The automotive segment contributes about 85% to the revenues. Tata Technologies has done Joint Venture with BMW Group. 

Latest Stock News (10 Jan 2025)

Tata Technologies Ltd. has signed a strategic memorandum of understanding MoU with Telechips to innovate vehicle software solutions for next generation software defined vehicles. Telechips is a global fabless semiconductor supplier, which provides SoC and MCU for the automotive industry and leads the system semiconductor market with its advanced products and technologies in the field of connectivity and multimedia semiconductors Jang-Kyu Lee, CEO of Telechips, stated: Our partnership with Tata Technologies highlights our commitment to transforming the automotive semiconductor landscape. By combining our advanced semiconductor solutions with their expertise in vehicle software and hardware integration, we are paving the way for safer, smarter, and more connected mobility solutions, enabling OEMs to lead in the SDV era. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹34025 Crore 
Revenue ₹5156 Crore 
Profit ₹657 Crore 
ROCE 28.3% 
P/E 52.6 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Tata Techno. 34025 5156 657 28.3% 0.95 32.27 0.08 52.6 
Coforge 63020 10144 788 28.6% 1.57 39.3 0.18 79.9 
KPIT Tech 38297 5410 726 38.6% 1.31 30.07 0.14 52.8 
Oracle Fin. 100546 6881 2495 39.5% 0.68 27.14 0.00 40.3 
Tata Elxsi 37551 3726 809 42.7% 1.19 30.46 0.08 46.4 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 2825 2381 3530 4414 5117 
Expenses 2382 1995 2884 3593 4176 
EBITDA 470 386 646 821 941 
OPM 16% 16% 18% 19% 18% 
Other Income 36 39 49 88 116 
Net Profit 252 239 437 624 679 
NPM 8.92% 10% 12% 14% 13% 
EPS – – – 15.38 16.75 

Stock Price Analysis 

In terms of performance, Tata Technologies has shown a return of -4.24% in one day, -11.15% over the past month, and -21.26% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹870 and a high of ₹1200. The price of stock has fell from the IPO listing price and has never reach at that levels. The stock is trading at all-time lows. 

Kalyan Jewellers
Kalyan Jewellers: Expanding Horizons with Robust Growth and Global Presence

Kalyan Jewellers India Limited: Overview 

Kalyan Jewellers India Ltd. designs, manufactures, and sells a diverse range of gold, studded, and other jewellery products catering to various price points. Founded by Chairman and MD T.S. Kalyanaraman, the company is one of India’s largest jewellery retailers, with approximately 6% of the organized market share. Its offerings include wedding jewellery under the Mahurat brand, aspirational handcrafted pieces under brands like Mudhra and Rang, value-oriented regional jewellery under Aishwaryam, and studded collections like Nimah and Ziah. Gold jewellery contributes 73% of its product mix, while studded jewellery accounts for 25%. By FY24, Kalyan expanded to 204 showrooms in India (up from 124 in FY22) with over 711,000 sq. ft. of retail space in India and 44,000 sq. ft. across four Middle Eastern countries. The company is transitioning to a Franchisee Owned Company Operated (FOCO) model in regions like South India and the Middle East to optimize capital investment and boost operational margins. 

Latast Stock News (9 Jan 2025) 

Kalyan Jewellers India Ltd reported a consolidated revenue growth of approximately 39% for Q3 2025 compared to previous year quarter. The jeweller has launched 24 Kalyan showrooms in India during recent quarter. The Middle East recorded 22% growth and contributes 11% to the revenue of Kalyan Jewellers Ltd. The company has also launched its first showroom operated by company itself in USA. Company is planning to launch 30 Kalyan and 15 Candere showrooms during current quarter. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹72867 Crore 
Revenue ₹21385 Crore 
Profit ₹626 Crore 
ROCE 14.04% 
P/E 117 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Kalyan Jewellers 72876 21358 626 14.04% 1.58 51.7 1.04 117 
Titan Company 309384 54458 3243 22.7% 1.74 57 2.22 95 
Senco Gold 9202 5654 218 13.8% 1.58 21.6 1.3 42.1 
PC Jewellers 8144 995 15.4 -1.74% 0.08 76 1.17 532 
P N Gadgil Jewel. 9125 6032 155 30.8% 4.8 32.9 0.16 59.1 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 10101 8573 10818 14071 18548 
Expenses 9302 7949 9965 12906 17180 
EBITDA 799 624 853 1165 1368 
OPM 8% 7% 8% 8% 7% 
Other Income 80 45 38 5 74 
Net Profit 142 -6 224 432 596 
NPM 1.4% -0.1% 2.1% 3.1% 3.2% 
EPS 1.7 -0.06 2.18 4.2 5.8 

Stock Price Analysis 

In terms of performance, Kalyan Jewellers India has shown a return of -2.21% in one day, -8.86% over the past month, and -0.55% in the last three months. The stock has experienced fluctuations today, with a low of ₹663.6 and a high of ₹725.4, over the past 52 weeks; the shares have seen a low of ₹322.05 and a high of ₹794.6. The stock has given great returns since its listing and the trading volumes are also high showing high interest from investors. 

Dixon Technologies: Leading India’s EMS Revolution
Dixon Technologies: Leading India’s EMS Revolution

Dixon Technologies (India) Limited: Overview 

Established in 1993, is a leading Electronics Manufacturing Services (EMS) provider in India, operating across segments like consumer electronics, lighting, home appliances, CCTVs, mobile phones, and reverse logistics. It also produces security surveillance equipment, wearable, audible, and AC-PCBs. The company recently formed a joint venture with Imagine Marketing Pvt Ltd. for wireless audio solutions. As one of India’s largest LED TV manufacturers, Dixon caters to over 35% of the country’s demand and is a leading ODM player in lighting with extensive capacity across SKUs. It has the largest semi-automatic washing machine portfolio with models ranging from 6 kg to 14 kg. Headquartered in Noida, Dixon has 22 manufacturing facilities across India. It plans a capital expenditure of ₹300-400 crore annually over the next two years, alongside debt repayment obligations of ₹90-110 crore per year. Notable achievements include manufacturing 11 million smartphones, 26 million feature phones, and rolling out India’s first ODM-based Google TV solutions. 

Lasted Stock News (9 Jan 2025) 

There was a fall in stocks of Dixon, Kaynes tech, PG Electroplast and CG Power. The reason was that Tata Group is investing about $18 billion in the field of electronics and semiconductors and will open nine new factories in next two years. There is still ₹41,000 crore worth unpledged subsidies of government remains unallocated because some companies did not meet production levels. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹101573 Crore 
Revenue ₹27590 Crore 
Profit ₹561 Crore 
ROCE 9.16% 
P/E 180 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Dixon Tech 101573 27590 561 29.2% 3.03 94.6 0.35 180 
Kaynes Tech 44613 1474 187 11.2% 0.58 131 0.18 240 
PG Electroplast 26893 3600 192 12.6% 1.44 75 0.4 140 
CG Power 106138 8810 896 46.6% 1.56 80.7 0.01 119 
Genus Power 11783 1581 146 11.34% 0.54 37 0.7 80.1 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 4400 6448 10697 12192 17691 
Expenses 4172 6156 10313 11673 16986 
EBITDA 228 292 384 519 705 
OPM 5% 5% 4% 4% 4% 
Other Income 5 1 4 4 32 
Net Profit 120 160 190 255 375 
NPM 2.7% 2.5% 1.8% 2.1% 2.1% 
EPS 20.8 27.6 32.05 42.9 61.5 

Stock Price Analysis 

In terms of performance, Dixon Technologies (India) has shown a return of -8.36% in one day, -2.47% over the past month, and 16.42% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹5785 and a high of ₹19149.8. Dixon has seen a huge rally over several years increasing interest from investors and the expanding industry has benefited the company stock price to grow further. The trading volumes are high and stock is one of trending stocks in recent times. 

ITC Limited Overview
ITC Limited: Comprehensive Overview and Strategic Stake Acquisitions in EIH-HLV

ITC Limited: Overview 

ITC is the largest cigarette manufacturer and seller in the country. Established in 1910, it operates in five business segments- Cigarettes, Hotels, FMCG, Paper& Packaging and Agriculture business. ITC has 80% market share in cigarette industry and is market leader in other segments also. The contribution of export revenue is 23% of the total ITC revenue. The revenue split is Cigarette 37%, FMCG 24%, Hotels 4%, and Paper & Packaging 10%, Agriculture 22%. The hotel business was demerged from ITC Ltd and made new entity ITC Hotels Ltd and ITC Ltd kept its 40% holdings and rest 60% is held by existing shareholders of ITC Ltd. 

Latest Stock News (7 Jan 2025) 

ITC holds some hotel companies like Fortune Park Hotels Ltd, Bay Island Hotels Ltd, and Landbase India Ltd and WelcomeHotels Pvt Ltd which are wholly owned subsidiary by ITC Ltd. Others are subsidiary, associates and Joint Venture, which all are going to be demerged from ITC Ltd to ITC Hotels Ltd and all shares will be held by ITC Hotels Ltd. In mid-December, ITC acquired stakes in two hotel companies, EIH Ltd and HLV Ltd, and the acquired stakes are 16.13% and 8.11% respectively. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹565842 Crore 
Revenue ₹75135 Crore 
Profit ₹20549 Crore 
ROCE 37.47% 
P/E 27.56 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
ITC 565842 75135 20549 37.47% 0.8 19.03 0.00 27.56 
Godfrey Phillips 25850 4769 943 22.17% 0.82 22.21 0.05 27.37 
Dabur 89262 12447 1759 22.28% 0.86 31.39 0.17 5..78 
VST 5599 1419 243 32.24% 0.84 15.23 0.00 23.04 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 49388 49257 60645 70919 70866 
Expenses 30044 32193 40021 45215 44634 
EBITDA 19344 17065 20623 25704 26233 
OPM 39% 35% 34% 36% 37% 
Other Income 2417 2577 1910 2098 2804 
Net Profit 15593 13383 15503 19477 20751 
NPM 31.6% 27.2% 25.6% 27.5% 29.3% 
EPS 12.45 10.69 12.37 15.44 16.39 

Stock Price Analysis 

In terms of performance, ITC has shown a return of -6.64% in one day, -3.69% over the past month, and -10.62% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹399.3 and a high of ₹528.55. The share price has increased in really good manner in accordance with its financial and the volatility is in normal range but the trade volumes have increased in recent times.

Jupiter Wagons Ups Stake
Jupiter Wagons Ups Stake in Electric Mobility to 75%, Eyes Railway Growth

Jupiter Wagons Limited: Overview 

Jupiter Wagons known as Commercial Engineers & Body Builders Company Ltd is involved in business of metal fabrication of load bodies for commercial vehicles, rail freight wagons and its components. The rail mobility business is for open, flat, covered, defence wagons and wagon accessories, passenger coach accessories, wheel sets and track solutions. It also makes water tankers, BESS container, data center containers, marine containers, brake systems and discs, etc. Railway wagons contribute about 84% of the company’s revenue and commercial vehicle load bodies and components about 11%. The order book of company is ₹7000+ crores with the clientele of Tata Motors, Mahindra, JSW Steel, Adani Ports and Logistics, etc. The company has total 12 manufacturing facilities in India, with a production capacity of 8000 wagons per year. 

Latest Stock News (7 Jan 2025) 

Jupiter Wagons Ltd. has its subsidiary Jupiter Electric Mobility Pvt Ltd. with stake of 60% and on December 31st Jupiter Wagons Ltd has increased their stake by 15% to 75% of its paid-up share capital. Jupiter Wagons with other railway stocks has risen up by 7%-10%, hoping a recovery in central government capex and major announcements from the Union Budget for railway sector. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹20304 Crore 
Revenue ₹3877 Crore 
Profit ₹365 Crore 
ROCE 31.67% 
P/E 55.56 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Jupiter Wagons 20304 3877 365 31.67% 1.64 35.9 0.16 55.56 
Titagarh Rail 14642 3967 304 24.97% 1.47 28.94 0.21 48.2 
Jyoti CNC Auto 30583 1620 274 21.22% 0.72 69.4 0.17 111.4 
Texmaco Rail 7582 4475 208 10.59% 0.93 17.84 0.35 36.5 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 127 82.9 105 123 87.9 
Expenses 114 72 95.8 113 80.2 
EBITDA 12.38 11.3 9.6 10.25 7.7 
OPM 10% 14% 9% 8% 9% 
Net Profit 7.62 7.9 7.4 8.08 5.5 
NPM 6.0% 9.5% 7.0% 6.6% 6.3% 
EPS 4.56 4.75 4.4 4.83 3.3 

Stock Price Analysis 

In terms of performance, Jupiter Wagons has shown a return of -5.71% in one day, -2.81% over the past month, and -2.14% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹301 and a high of ₹748.05. As the railway industry in major eyesight, the stock has rallied great and the volume traded has increased compared to the past. There is some fluctuation in stock but before Union Budget there is a chance for rally in stock in short term.

ITI-Limited-Company-Overview
ITI Limited: Company Overview, Financial Analysis, and Investment Insights

ITI Limited: Overview 

ITI Limited specializes in manufacturing, trading, and servicing telecommunication equipment, along with offering associated and ancillary services. Its primary revenue streams include turnkey projects (78%), service offerings (19%), and manufacturing/trading (3%). Major projects under the turnkey segment include BharatNet, ASCON, and e-governance initiatives, with notable clients such as BSNL, MTNL, and Indian Defense Services. The company’s service offerings encompass contract manufacturing, equipment testing, and IT solutions, while its product range includes energy meters, rugged telephones for defense, Wi-Fi equipment, and solar panels. ITI maintains strong ties with government agencies, PSUs, and state governments, which accounted for 76% of its FY20 revenues. With an order book of ₹12,000 crores, including BharatNet Phase 2 and ASCON Phase 4, the company is executing large-scale projects worth ₹4,800 crores and₹7,800 crores, respectively. Backed by a ₹4,150 crore government-approved revival plan, ITI has received substantial equity and grants to support its operations and new projects. 

Latest Stock News (6 Jan 2025)

Past two trading sessions the stock surged with upper circuit with high volumes showed a great signs earlier but on January 07, 2025 stock suddenly hit the lower circuit of 10%, sensing the quick profit booking and a case of pump and dump situation creating a panic situation for investors and worrying about the stock’s future. But, the company clarified to public that there was no manipulation from their side and it random abnormal trade happened in stock. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹47048 Crore 
Revenue ₹2396 Crore 
Profit ₹-474 Crore 
ROCE -8.43% 
P/E – 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
ITI Ltd 47048 2396 -474 -8.43% 0.13 -258 1.07 – 
Astra Microwave 7454 969 130 18.7% 0.72 32.03 0.31 57.1 
Avantel 3655 229 62 47.5% 1.19 38.3 0.08 59.3 
BEML Ltd 15959 4054 286 15.25% 0.76 32.9 0.24 55.9 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 2059 2362 1861 1395 1264 
Expenses 1914 2313 1753 1549 1582 
EBITDA 144 50 107 -154 -318 
OPM 7% 2% 6% -11% -25% 
Other Income 184 161 255 53 43 
Net Profit 146 9 119 -360 -569 
NPM 7.1% 0.4% 6.4% -25.8% -45.0% 
EPS 1.58 0.1 1.27 -3.79 -5.92 

Stock Price Analysis 

In terms of performance, ITI has shown a return of -9.99% in one day, 33.15% over the past month, and 109.49% in the last three months. Over the past 52 weeks, the shares have seen a low of ₹210.2 and a high of ₹548.7. The stock has experienced fluctuations today, with a low of ₹491.25 and a high of ₹592.85, The volatility is very high in this month which has also raised suspicion on company’s management for stock price manipulation, but is resolved now by the company.

Garware Technical Fibres Ltd
Garware Technical Fibres Ltd: Q1 Earnings Miss Estimates, But Analyst Optimism Grows for 2025

Garware Tech Fibres Limited: Overview 

Garware-Wall Ropes (GWRL), founded in 1976, is one of India’s premier technical textiles companies, offering specialist solutions to the cordage and infrastructure industries around the world. The company produces and supplies high-performance polymer ropes, fishing nets, sports nets, safety nets, aquaculture cages, coated fabrics, agricultural netting. The company is among top 50 companies and top 20 in Technical textile manufacturing companies in India. The business segments and their revenue contributions are: Synthetic Cordage 82%, Fibre and Industrial Products & Projects 18%. The clients are working in area of fishing, shipping, aquaculture, coated fabrics, and government sectors. It has two manufacturing facilities located in Pune and Wai with capacity of 80 MT per day of technical fabrics. The company is in 75+ countries with 21,000+ SKUs and export contributes about 60% of its revenue. 

Latest Stock News (04-Jan-2025)

The company had announced a 4:1 bonus issue of shares earlier. This means that shareholders will be eligible for four bonus shares for every one share that they hold. This is the first time that the company had announced a bonus issue of shares. Since 2021, the company has also paid ₹16 per share as dividends and also carried out a buyback of equity shares earlier in 2024. The stock will be trading on its ex-bonus price from 6 January, 2025. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹9047 Crore 
Revenue ₹1428 Crore 
Profit ₹226 Crore 
ROCE 23.07% 
P/E 40.3 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Garware Tech 9047 1428 226 23.07% 0.81 26.51 0.13 40.12 
Jindal Poly Film 4249 4604 149 3.15% 0.39 12.23 1 28.59 
Welspun Living 15888 10398 693 16.1% 1.07 11.72 0.69 22.9 
S P Apparels 2278 1184 86 13.5% 0.97 15 0.41 26.5 
Monte Carlo Fas. 1626 1056 54 10.63% 0.7 13.56 0.89 30.2 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 953 1035 1189 1306 1326 
Expenses 775 830 966 1076 1054 
EBITDA 178 204 223 230 272 
OPM 19% 20% 19% 18% 21% 
Other Income 32 35 25 28 43 
Net Profit 141 158 165 172 208 
NPM 14.8% 15.3% 13.9% 13.2% 15.7% 
EPS 12.85 15.36 15.98 16.9 20.43 

Stock Price Analysis 

In terms of performance, Garware Technical Fibres has shown a return of -1.78% in one day, -81.24% over the past month, and -77.54% in the last three months. The stock has experienced fluctuations today, with a low of ₹885 and a high of ₹962.95. Over the past 52 weeks, the shares have seen a low of ₹623.22 and a high of ₹985.16, the volatility is stable and the price is in the growth trend as the financials are performing better.

Zomato Latest Innovation
Blinkit Launches 10-Minute Ambulance in Gurugram: Zomato Latest Innovation

Zomato Limited: Overview 

Zomato Limited, which was founded in 2010, is among the top online meal service platforms based on the quantity of food supplied. Among its features are meal delivery, dining-out options, loyalty plans, and more. As of December 31, 2020, Zomato had a significant footprint throughout 23 countries, with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million clients. It has three brands under its name Zomato, Hyperpure and Blinkit. The revenue contribution of Zomato is Food delivery 70%, Quick Commerce 24% and Going out is 6%. Zomato has active listed restaurants of 390,000 and clients are 16.4 mn monthly. Zomato is working in 1000+ cities and about 500 cities are added in FY22. The company has 28 subsidiaries, 1 trust and 1 associate. 

Latest Stock News (04-Jan-2025) 

Zomato‘s subsidiary has launched 10 min ambulance in Gurugram, this initiative has covered many eyes on internet. Blinkit is planning to expand this initiative to other major cities which can benefit the Zomato’s image among its customers. Hemal Jain has resigned from her Senior Management Personnel role from Zomato. Zomato has faced a GST charge of ₹401 crore with a penalty. This GST penalty was on the GST collected on the delivery charges. 

Shareholding Pattern as on September 2024 

Key Stats 

Market Cap ₹263309 Crore 
Revenue ₹15855 Crore 
Profit ₹742 Crore 
ROCE 1.14% 
P/E 355 

Peer Comparison 

Amt in ₹ Cr MCap Sales PAT ROCE Asset Turn. EV/EBITDA D/E P/E 
Zomato 263309 1588 742 1.14% 0.54 183 0.05 355 
Swiggy 121200 11247 -2304 -68.8 1.03 -67 0.15 – 
Info Edge 116956 2663 485 3.65 0.1 89.6 0.01 245 
FSN E-Commerce 47985 7077 42.9 6.87% 2.01 117 1 1121 
One 97 62641 8278 -2013 -8.5% 0.57 -46.9 0.01 – 

Financial Trends 

Amount in ₹ Cr 2020 2021 2022 2023 2024 
Revenue 2605 1994 4192 7079 12114 
Expenses 4909 2461 6043 8289 12071 
EBITDA -2305 -467 -1851 -1211 43 
OPM -88% -23% -44% -17% 0% 
Other Income 16 -200 793 682 846 
Net Profit -2386 -816 -1222 -971 351 
NPM -91.6% -40.9% -29.2% -13.7% 2.9% 
EPS -70096 -23126 -1.54 -1.14 0.4 

Stock Price Analysis 

Zomato has shown a return of -4.27% in one day, -2.55% over the past month, and 1.45% in the last three months. The stock has experienced fluctuations today, with a low of ₹271.7 and a high of ₹285.65. Over the past 52 weeks, the shares have seen a low of ₹121.7 and a high of ₹304.5. The stock price is in upward range and volumes traded have normalized from the past. Stock has given 6 times returns in 2 years showing the support from great financials of company.