Stocks To Watch: Bajaj Finance, RIL, Reliance Infra, HUL, Zomato And More

Bajaj Finance Q2 FY25 (Consolidated, YoY)

• Revenue up 27.72% at Rs 17,095 crore versus Rs 13,384 crore

• Net profit up 13.03% at Rs 4,014 crore versus Rs 3,551 crore (Bloomberg estimate Rs 4,118 crore)

• Net interest income up 23% at Rs 8,838 crore versus Rs 7,190 crore

• AUM up 29% to Rs 3.73 lakh crore

• Gross NPA at 1.06%

• Net NPA at 0.46%

• FY25 credit cost guidance hiked from 1.75-1.85% to 2-2.05%

• Exceptional gain of Rs 2,544 crore in half-year standalone balance sheet on account of Bajaj Housing stake sale.

Adani Green Q2 FY25 (Consolidated, YoY)

• Revenue up 38% at Rs 3,055 crore versus Rs 2,220 crore

• EBITDA up 30% at Rs 2,205 crore versus Rs 1,699 crore

• EBITDA margin at 72.2% versus 76.5%

• Net profit up 39% at Rs 515 crore versus Rs 371 crore

Zomato Q2 FY25 (Consolidated, YoY)

• Revenue up 68.5% at Rs 4,799 crore versus Rs 2,848 crore (Bloomberg estimate Rs 4,682 crore)

• EBITDA at Rs 226 crore versus loss of Rs 47 crore (Bloomberg estimate Rs 209 crore)

• EBITDA margin 4.7% (Bloomberg estimate 4.5%)

• Net profit up 388.88% at Rs 176 crore versus Rs 36 crore (Bloomberg estimate Rs 249 crore)

• Approved raising of funds up to Rs 8,500 crore via QIP.

Zensar Technologies Q2 FY25 (Consolidated, QoQ)

• Revenue up 1.55% at Rs 1,308 crore versus Rs 1,288 crore (Bloomberg estimate Rs 1,310 crore)

• EBIT down 29.04% at Rs 171.5 crore versus Rs 241.7 crore (Bloomberg estimate Rs 170 crore)

• EBIT margin down 565 bps at 13.11% versus 18.76% (Bloomberg estimate 12.9%)

• Net profit down 1.26% at Rs 156 crore versus Rs 158 crore (Bloomberg estimate Rs 153 crore)

Persistent Systems Q2 FY25 (Consolidated, QoQ)

• Revenue up 5.84% at Rs 2,897 crore versus Rs 2,737 crore (Bloomberg estimate Rs 2,866 crore)

• EBIT up 5.75% at Rs 406.2 crore versus Rs 384.1 crore (Bloomberg estimate Rs 392 crore)

• EBIT margin down 1 bps at 14.02% versus 14.03% (Bloomberg estimate 13.7%)

• Net profit up 6.2% at Rs 325 crore versus Rs 306 crore (Bloomberg estimate Rs 316 crore)

Amber Enterprises Q2 FY25 (Consolidated, YoY)

• Revenue up 81.7% at Rs 1,685 crore versus Rs 927 crore (Bloomberg estimate Rs 1,205 crore)

• EBITDA up 91% at Rs 114 crore versus Rs 60 crore (Bloomberg estimate Rs 84 crore)

• Margin at 6.8% versus 6.4% (Bloomberg estimate 7%)

• Net profit of Rs 21 crore versus loss of Rs 5.7 crore (Bloomberg estimate Rs 4 crore)

• Approved merger of Amberpr Technoplast India with the company.

Shoppers Stop Q2 FY25 (Consolidated, YoY)

• Revenue up 7.3% to Rs 1,114.87 crore versus Rs 1,039.12 crore

• EBITDA down 7% to Rs 149.83 crore versus Rs 160.92 crore

• Margin at 13.4% versus 15.5%

• Net loss at Rs 20.59 crore versus Rs 2.73 crore

Max Financial Q2 FY25 (Consolidated, YoY)

• Total income grows 31.3% at Rs 13,376 crore versus Rs 10,189 crore

• Net profit down 18.2% at Rs 139 crore versus Rs 170 crore

Ugro Capital Q2 Highlights (Consolidated, YoY)

• Total income rose 35.2% at Rs 343 crore versus Rs 254 crore

• Net profit rose 22.9% at Rs 35.5 crore versus Rs 28.9 crore

IIFL Securities Q2 FY25 (Consolidated, YoY)

• Total income up 32% at Rs 704 crore versus Rs 534 crore

• Net profit up 90% at Rs 205 crore versus Rs 108 crore

Welspun Speciality Q2 FY25 (YoY)

• Revenue down 19.72% at Rs 167 crore versus Rs 208 crore 

• EBITDA down 76.92% at Rs 3 crore versus Rs 13 crore

• EBITDA margin down 445 bps at 1.79% versus 6.25%

• Net loss at Rs 6 crore versus profit of Rs 5 crore

Gabriel India Q2 FY25 (Consolidated, YoY)

• Revenue up 18.8% to Rs 1,027.09 crore versus Rs 864.45 crore (Bloomberg estimate Rs 1.109 crore)

• Ebitda up 34% to Rs 98.71 crore versus Rs 73.83 crore (Bloomberg estimate Rs 111 crore)

• Margin at 9.6% versus 8.5%. (Bloomberg estimate 10%)

• Net profit up 36% to Rs 62.92 crore versus Rs 46.33 crore. (Bloomberg estimate Rs 72 crore)

• Board approves interim dividend of Rs 1.75 per share. 

Olectra Greentech Q2 FY25 (Consolidated, YoY)

• Revenue up 70.5% to Rs 524 crore versus Rs 307 crore.

• Net Profit at Rs 47.7 crore versus Rs 18.6 crore.

• Ebitda at Rs 81.2 crore versus Rs 40.5 crore.

• Margin at 15.5% versus 13.2%.

Indus Towers Q2 FY25 (Consolidated, YoY)

• Revenue up 4.66% at Rs 7465 crore versus Rs 7132 crore (Bloomberg estimate Rs 7,587 crore)

• EBITDA up 41.98% at Rs 4907 crore versus Rs 3456 crore (Bloomberg estimate Rs 4,214 crore)

• EBITDA margin up 1727 bps at 65.73% versus 48.45% (Bloomberg estimate 55.5%)

• Net profit up 71.79% at Rs 2223 crore versus Rs 1294 crore (Bloomberg estimate Rs 1749 crore)

Choice International Q2 Highlights (Consolidated, YoY)

• Revenue up 29.6% to Rs 247 crore versus Rs 191 crore.

• Net Profit up 55.3% to Rs 46.5 crore versus Rs 29.9 crore.

• Ebitda up 55.88% to Rs 75.8 crore versus Rs 48.7 crore.

• Margin at 30.7% versus 25.5%.

ICICI Prudential Life Insurance (Standalone, YoY)

• Net premium income up 7% at Rs 10,754 crore versus Rs 10,022 crore

• Net profit up 3% at Rs 251 crore versus Rs 244 crore (Bloomberg estimate Rs 331 crore)

• 13th month persistency at 86.6% vs 85.7% QoQ

• VNB Margin at 23.7% versus 28.8% (YoY)

Can Fin Homes Q2 FY25 (YoY)

• Total income up 10.5% at Rs 963 crore vs Rs 871 crore

• Net profit up 33.78% at Rs 211 crore vs Rs 158 crore

M&M Finance (Standalone, YoY)

• Revenue from operations up 21% at Rs 3,897 crore vs Rs 3,212 crore

• Net profit up 57% at Rs 369 crore vs Rs 235 crore (Bloomberg estimate Rs 473 crore)

Cigniti Technologies Q2 FY25 (Consolidated, QoQ)

• Revenue up 6.6% to Rs 499 crore versus Rs 468 crore.

• Net Profit at Rs 52.9 crore versus Rs 10.5 crore.

• Ebit up 34.2% to Rs 55.5 crore versus Rs 41.4 crore.

• Margin at 11.1% versus 8.8%.

Chennai Petroleum Corp. Q2 FY25 (Consolidated, QoQ)

• Revenue down 29.2% to Rs 12,086 crore versus Rs 17,095 crore.

• Net loss at Rs 634 crore versus Rs 357 crore.

• Ebitda down to Rs 675 crore versus Rs 663 crore

GMDC Q2 FY25 (Consolidated, YoY)

• Revenue up 54.9% at Rs 593 crore vs Rs 383 crore

• EBITDA at `141 crore vs Rs 52.9 crore

• Margin at 23.8% vs 13.8%

• Net profit up 71.4% at Rs 128 crore vs Rs 74.6 crore

Responsive Industries (Consolidated, YoY)

• Revenue up 30.3% at Rs 350 crore versus Rs 268 crore

• EBITDA up 18.6% at Rs 72.5 crore vs Rs 61.1 crore

• Margin at 20.7% vs 22.8%

• Net profit up 21.2% at Rs 49.3 crore vs Rs 40.7 crore.