Latest news with #INR13
Business Insider
29-06-2025
- Business
- Business Insider
New Sell Rating for UltraTech Cement Limited (ULTRACEMCO), the Basic Materials Giant
In a report released on June 27, Sumangal Nevatia from Kotak Mahindra maintained a Sell rating on UltraTech Cement Limited (ULTRACEMCO – Research Report), with a price target of INR7,350.00. The company's shares closed last Friday at INR12,213.00. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Nevatia covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. According to TipRanks, Nevatia has an average return of 1.3% and a 50.00% success rate on recommended stocks. Currently, the analyst consensus on UltraTech Cement Limited is a Strong Buy with an average price target of INR13,158.50.
Yahoo
29-05-2025
- Business
- Yahoo
PTC India Ltd (BOM:532524) Q4 2025 Earnings Call Highlights: Strong Trading Volume Growth Amid ...
Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. PTC India Ltd (BOM:532524) achieved an 11% year-on-year growth in trading volume, reaching 82.75 billion units, outperforming the national power supply growth of 5.21%. The company maintained a trading margin of INR 3.30 to 3.37 per unit, contributing to an 11% increase in trading income. Renewable energy, particularly solar, saw significant growth, with solar energy contributing 56% to the renewable segment, up from 51% the previous year. PTC India Ltd successfully completed the divestment of its subsidiary, PTC Energy Limited, for INR 1,175 crore, enhancing its financial position. The company declared a final dividend of INR 6.70 per share, bringing the total dividend for the year to INR 11.70 per share, reflecting a strong return to shareholders. Total operational income decreased by 22% to INR 151 crore from INR 193 crore, primarily due to a reduction in surcharge income. Despite the increase in trading margin, the core operating revenue excluding surcharge income showed a decline. The profit after tax, excluding the exceptional item from PTC Energy disinvestment, decreased to INR 64 crore from INR 83 crore in the previous quarter. The consultancy division faced setbacks due to payment issues with ESL and reduced funding from US aid, impacting growth in this segment. There is ongoing uncertainty regarding the divestment of PTC Financial Services, with no clear timeline or decision from the board. Warning! GuruFocus has detected 6 Warning Signs with BOM:532524. Q: As per the dividend policy, 50% of stand-alone EPS should be distributed, which calculates to INR14.42 per share. Why was only INR11.70 declared? A: The dividend policy includes exceptions. This year's exceptional profit was due to the disinvestment of PTC Energy Limited. Management believes retaining capital for future growth is crucial, and the proposed dividend was accepted by the board. - Unidentified_2 Q: How is the trading margin calculated, and why is there a reduction in core operating revenue excluding surcharge income? A: The core margin and operating income have not decreased when excluding surcharge income. The trading margin varies by contract, based on risk profile and market conditions. The reported margin is an aggregation of all contracts. - Unidentified_2 Q: What is the contribution of PTC Financial Services (PFS) to the total consolidated profit? A: For the quarter, PFS contributed a profit after tax of INR58 crore, compared to INR13 crore in the previous quarter. Annually, PFS contributed INR217 crore, up from INR160 crore last year. - Unidentified_3 Q: Why hasn't PFS declared a dividend despite it being reported in exchange filings? A: This decision is up to the PFS management, which is a listed entity. The PFS board decided it was in the company's best interest not to declare a dividend at this time. - Unidentified_2 Q: What are the plans for utilizing retained cash for future growth? A: Discussions are ongoing with various parties about different initiatives, including acquiring renewable energy assets. The exact capital allocation is not finalized, but it will be a prudent decision. - Unidentified_2 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
