Archives
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ELECTRONICS October 11, 2019 Bharat Electronics Q2 PAT seen up 1.3% YoY to Rs. 578.5 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 578.5 crore up 1.3% year-on-year (up 182.6% quarter-on-quarter). Net Sales are expected to increase by 5.7 percent Y-o-Y (up 70.1 percent Q-o-Q) to Rs. 3,573.9 crore, according to […]
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ELECTRONICS June 28, 2019 Buy Bharat Electronics; target of Rs 135: ICICI Direct
By: Loknath DasBharat Electronics reported yet another stellar quarter, continuing its legacy of guiding lower and delivering higher. For the quarter, the company reported revenues of Rs 3885 crore, up 7.7% YoY. EBITDA grew 16.7% YoY. EBITDA margins came in strong at 23.9% vs. 22.1% YoY due to gross margin expansion of 630 bps YoY. Higher gross […]
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ELECTRONICS April 13, 2019 Bharat Electronics Q4 PAT may dip 38.8% YoY to Rs. 342.1 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 342.1 crore down 38.8% year-on-year (down 32.6% quarter-on-quarter). Net Sales are expected to increase by 6.5 percent Y-o-Y (up 41.5 percent Q-o-Q) to Rs. 3,843.1 crore, according to ICICI Direct. […]
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ELECTRONICS January 11, 2019 Bharat Electronics Q3 PAT seen up 12.5% YoY to Rs. 340.7 cr: ICICI Direct
By: Loknath DasICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 340.7 crore up 12.5% year-on-year (down 40.4% quarter-on-quarter). Net Sales are expected to increase by 13 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 2,839.3 crore, according to ICICI Direct. […]