ULTRATECH REVENUE GROWTH
Hold Polycab India, target price Rs 6,150: ICICI Securities
ICICI Securities maintains a Hold call on Polycab India, setting a target price of Rs 6150. The company's Q4FY25 financials reveal a significant surge in consolidated total income and net profit. Strong performance in the FMEG portfolio and cables & wires segment drove growth, while the company gained market share in the domestic organized cables and wires industry.
Polycab Q4 Results: Profit jumps 33% YoY to Rs 727 crore, recommends final dividend of Rs 35/sh
Polycab Limited announces a strong Q4 performance. The company's profit after tax rises to ?727 crore. Revenue from operations increases by 25% to ?6,985.7 crore. The board recommends a final dividend of ?35 per share. Wires & Cables segment shows 22% growth. FMEG business delivers 33% growth. EPC segment surges by 47%. Shares rise following the positive results.
Buy UltraTech Cement, target price Rs 13,510: Axis Securities
Axis Securities maintains a Buy call on UltraTech Cement, with a target price of Rs 13510, as the company reported a consolidated total income of Rs 23165.45 crore for the quarter ended March 31, 2025. The firm anticipates double-digit volume growth in FY26, driven by infrastructure and housing projects, expecting sustainable industry volume growth of 7-8%.
UltraTech Cement targets double-digit growth for FY26
The company's net profit increased 10% year-on-year to ?2,482 crore and revenue from operations grew 13% to ?23,063.3 crore in the March 2025 quarter. Sales volume rose 6% excluding acquisitions. The per-tonne operating profit before depreciation and amortisation (Ebitda) increased sequentially for the third straight quarter to ?1,270, a 7% year-on-year growth.
UltraTech Cement shares in focus after Q4 profit rises 10% YoY. Should you invest?
UltraTech Cement share price: UltraTech Cement reported a 10% YoY rise in Q4 net profit to Rs 2,482 crore, with revenue up 13% at Rs 23,063 crore. EBITDA grew 11% YoY, supported by operating efficiencies and lower input costs. Brokerages remain divided: Nuvama maintained a 'Hold' while Antique reiterated a 'Buy,' citing strong volume growth targets and ongoing cost-saving initiatives.
Stocks in news: Bajaj Finance, Ambuja, Ultratech Cement, Dr Reddy's, Adani Total Gas
Shares of Bajaj Finance, Bajaj Finserv, Trent, Ambuja, BPCL and NTPC Green will be in focus as the companies will announce their fourth quarter results.
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UltraTech’s profit rises 10% on year aided by volume growth
UltraTech Cement’s consolidated net profit rose 10% on year to Rs 2,482 crore in the March quarter, aided by a 17% expansion in volumes.
UltraTech Cement Q4 Results: PAT rises 10% YoY to Rs 2,482 crore; dividend declared at Rs 77.50/share
UltraTech Cement Q4 Results: The board has also recommended a dividend of Rs 77.50 per share for the year ended March 2025.
UltraTech Cement board announces Rs 77.50 per share final dividend
UltraTech Cement Q4FY25: UltraTech Cement announced a dividend of Rs 77.50 per share alongside its Q4FY25 results, which showed a 10% YoY profit growth and 13% revenue rise. Key segments like ReadyMix Concrete and overseas business performed strongly.
Shriram Finance shares plummet over 8% after missing estimates on credit cost in Q4
Shriram Finance share price: Net Interest Income (NII) for the quarter increased by 13%, rising to Rs 6,051 crore from Rs 5,336 crore in the same period last year. Total income for Q4 reached Rs 11,460 crore, up from Rs 9,498 crore a year ago.
Maruti Suzuki shares in focus after Q4 profit skids 1% YoY to Rs 3,911 crore. Should you buy, sell or hold?
Maruti Suzuki shares: The country's largest passenger carmaker reported a total revenue of Rs 40,920 crore for Q4FY25, reflecting a 6.4% increase from Rs 38,471 crore in the same period last year. Revenue from product sales amounted to Rs 38,842 crore, while other operating revenues contributed Rs 2,078 crore.
Macrotech Developers shares in focus after plans to invest Rs 8,000 cr this fiscal on land acquisition
Macrotech Developers, known for its 'Lodha' brand, plans to invest over Rs 8,000 crore this fiscal year to acquire land in MMR, Pune, and Bengaluru for new housing projects. This expansion strategy aims to generate Rs 25,000 crore in revenue.
Q4 results today: Ultratech Cement, Adani Green among 49 companies to announce earnings on Monday
The fourth quarter earnings season is gaining traction, with numerous companies set to announce their results on Monday. Ultratech Cement is anticipated to reveal a strong operational performance, driven by volume growth and stable margins. Revenue is projected to increase by 12% year-on-year, while profit is expected to rise by 8%.
UltraTech Cement Q4 Preview: Volume growth to support earnings; margins seen steady
UltraTech Cement is expected to report strong Q4 results, driven by volume growth, acquisitions, and stable margins. Revenue and profit are likely to rise 12% and 8% YoY, respectively. While cost controls aid profitability, high base effects and regional pricing pressures may limit overall gains.
Soft prices, rising input costs likely to make a dent in cement companies' profits
Cement companies face margin pressure in the March quarter due to weaker prices and higher pet coke costs, despite a 10% volume growth. Most producers, except UltraTech Cement, are expected to report profit declines. While sales volumes improved, rising input costs will likely compress EBITDA margins and impact overall profitability compared to last year.
Adani, Aditya Birla groups to compete in wire & cable industry after cement
Billionaires Gautam Adani and Kumar Mangalam Birla's groups are entering the wires and cables business, intensifying competition in a sector with high double-digit growth. Both firms aim to leverage their existing presence in the copper industry to dominate the market, impacting smaller players significantly.
Pankaj Pandey gung-ho on 4 cement stocks; likes 2 tier-II IT stocks
Pankaj Pandey, Head of Research, discusses market behavior amid tariff anxieties. He believes a correction could lead to a rebound if the market stabilizes. Pandey favors cement stocks like UltraTech and Ambuja Cement, and sees selective opportunities in auto and tier-II IT companies such as Coforge. Revenue growth forecasts remain strong despite uncertainties.
Stocks to buy: UBS upgrades cement sector; Motilal Oswal sees 22% upside in Suzlon
UBS has revised its outlook for the cement sector, expecting an earnings upcycle in FY26, with UltraTech Cement and Ambuja Cement being highlighted as top picks.
Why are Adani and Birla betting on cables & wires?
Adani Group and Aditya Birla Group have recently entered the cables & wires sector, traditionally dominated by smaller companies. Their entry may lead to increased competition and potential consolidation in the market. Domestic and global demand for C&W products remains strong, with the sector poised for steady growth driven by infrastructure and industrial expansion.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential up to 46%
In times like these, when the sentiment is overwhelmingly negative and indices are deep in the red, investors must resist the urge to react impulsively to short-term narratives that may lead to selling at the wrong time. Equally important: Avoid averaging down indiscriminately, as not every dip is a buying opportunity. Instead, analyze each sector and company based on their operating performance and valuation metrics. If operational fundamentals are improving, then let the bears have a party. Stay focused on long-term value rather than short-term market sentiment. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in any of their parameters in the given time frame.
Havells poised to weather UltraTech's entry into cables business with diversified portfolio
Havells India's diversified business approach is expected to help mitigate the impact of UltraTech Cement's entry into the cables market. Only a third of Havells' revenue comes from wires and cables, compared to 85-95% for its peers. Havells is also ramping up production capacity and anticipates earnings growth by 28% between FY24 and FY27.
Buy UltraTech Cement, target price Rs 13,700: Motilal Oswal Financial Services
Motilal Oswal Financial Services recommends buying UltraTech Cement with a target price of Rs 13,700, projecting a 32% CAGR in PAT from FY25-27. With anticipated growth driven by demand recovery, government spending, and real estate growth, the company is set to benefit. Current market price is Rs 10,366.8 with promoters holding a significant stake.
Cement demand to cross 640 MTPA by FY30, says UltraTech
Cement demand is projected to exceed 640 million tonnes annually by FY30, with a compound annual growth rate of 7-8% from FY24 to FY30, according to UltraTech Cement. The company is expanding its production capacity and entering the wires and cables market with a significant investment in Gujarat.
Buy UltraTech Cement, target price Rs 13,000: JM Financial
JM Financial recommends buying UltraTech Cement with a target price of Rs 13,000, expecting it to rise from its current Rs 10,430.5 within a year. UltraTech's recent entry into the wires and cables segment with Rs 18 billion capex could boost EBITDA by 4-5% by FY27E. Promoters hold a significant stake, indicating confidence in future growth.
Polycab India shares rise 3% after selloff as investors reassess UltraTech threat
Polycab India share price: The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and cables companies by as much as 23%. The downgrade was attributed to UltraTech's Rs 1,800 crore investment, which was seen as an "industry-fragmenting" event potentially impacting long-term earnings growth for existing players.
HSBC slashes targets for 4 stocks after UltraTech’s entry in wires and cables. Time to cut losses?
HSBC slashed target prices for top Indian wires and cables firms by up to 23%, citing competitive risks from UltraTech Cement’s unexpected entry into the sector. Polycab, KEI Industries, and R R Kabel saw the biggest cuts, impacting investor sentiment.
Birla pulls wire, shock pulses through stocks. What's ahead?
UltraTech Cement is entering India's wires and cables sector with a Rs 1,800 cr investment. The move is aimed at strengthening its position as a comprehensive building solutions provider. This entry may cause margin pressure for existing players due to UltraTech's deep pockets and potential competitive pricing.
Polycab, KEI, Havells shares short-circuited. Is this Birla’s next paint-style disruption?
UltraTech Cement’s unexpected investment in the wires and cables sector with a ?1,800 crore capex plan has caused shares of major players like Polycab, KEI, and Havells to plummet. This move raises concerns of potential market disruption and industry-wide margin pressures, replicating the shake-up seen in the paints industry. Analysts are closely monitoring the situation.
Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entry
Polycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab India, KEI Industries, Havells and RR Kabel fell up to 20%. UltraTech plans to become a holistic building solutions provider with Rs 1,800 crore capex, sparking fears of margin pressures and competition.
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