Other companies which are set to release their numbers include Bondada Engineering, Classic Filaments, Cigniti Technologies, Dhampur Sugar Mills, Greenpanel Industries, Mangalam Cement, Mena Mani Industries, MRP Agro, Netweb Technologies, Nalin Lease Finance, Orient Cement, PNB Gilts, SIS, Vardhman Special Steels and Zenotech Labs.
Here’s what to expect from Ambuja Cements Q4
Cement major Ambuja Cements is likely to report healthy growth in its core earnings with net profit likely to grow up to 38% year-on-year. Meanwhile, net sales are seen rising upto 13% year-on-year.Sales volume to increase 11% year-on-year, while realization is estimated to decline 1% year-on-year and 3% quarter-on-quarter on account of price cuts during the quarter
“We expect variable cost per tonne to decline 5% year-on-year and 7% quarter-on-quarter. Meanwhile, opex per tonne is expected to decline 2% year-on-year and 4% quarter-on-quarter. Other income to increase 7% year-on-year due to higher cash balance,” said Motilal Oswal.
Meanwhile, Kotak is factoring in volumes of 9.3 million tons during the quarter with strong growth in key markets and ramp-up of Sanghi capacity.
Adani Wilmar Q4 expectations
Analysts expect Adani Wilmar to see a fall in consolidated revenue on a year-on-year basis, but the company is expected to post strong growth in operating profit.
Nuvama estimates revenue to dip 5% year-on-year, while EBITDA might increase by 43% year-on-year.
“We anticipate the edible oils business to contract 9% year-on-year in value terms due to price cuts in edible oil given softer raw material costs. Food and FMCG business is likely to grow 18% (aided by Kohinoor) while industry essentials may stay flat year-on-year,” the brokerage said.