HSIE Results Daily: LIC Housing Finance, Vinati Organics, The Ramco Cements
Credit costs shot up to ~120bps (annualised), as the company shored up its Stage-III provisions to 51% (Q2FY23: 44%) in order to maintain healthy...
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Building Materials: Multiple tailwinds for a cheerful new year!
This report covers 15 major building material companies within the three categories of wood panel, tiles, and plastic pipes
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Building Materials (Q2FY23 Results Preview): Both tiles and pipes under pressure
In Q2FY23, we expect tiles volume to increase QoQ on good demand while we expect pipes demand to remain weak, owing to sharp fall in resin prices,...
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Building Materials - Tiles, Pipes Segments Face Cost Headwinds
In Q1FY23, we expect volumes of both tiles and plastic pipe companies to moderate QoQ. However, given last year’s low base, we expect a strong...
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HSIE Results Daily: Godrej Consumers, JK Lakshmi Cement, Somany Ceramics
Godrej Consumers: GCPL’s Q4 performance was a mixed bag, with in-line revenue but a miss on EBITDA margin. Consolidated revenue grew 7% YoY
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