The company, with minimal capex requirement and a healthy cash flow generation, plans to be debt-free over the next three years
Lower prices after the GST cut, pent-up demand, and festive season sales should support growth
The company’s global recognition, forward integration, and conservative financial management lend credence to its growth story
The rise in fiscal deficit follows an increase in capital spending since the start of the year by the central government.
Weak summer demand and higher procurement costs dented Q1 margins, but Africa growth and diversification into eastern and western India keep the structural growth story strong
With a strong order book and expanding capacities, the company is well-positioned to outperform peers with superior returns
The company is ramping up capacity & diversifying portfolio, though the valuation captures much of the optimism
The company is embracing clean energy transition, but the valuation is high
Near-term costs like employee additions, distribution spends, and inorganic integration may weigh on margins, but backward integration and scale efficiencies should cushion profitability.
Subrahmanyan expressed confidence about India and the Middle East, saying both regions have done 'extremely well' for L&T
He added that the Indian private sector is expanding its capacity across sectors such as steel, copper, aluminum, zinc as well as industries such as automobiles and semiconductors.
The projects business helps achieve a modest growth in revenues as RAC demand takes a hit
DLF’s rental portfolio has operating assets of about 43-44 million square feet (msf) - which includes office parks, IT/ITeS SEZs, retail spaces and hospitality ventures.
Despite the sequential dip in PAT, the company believes the environment is improving. Berry said the worst of the impact from inflation and pricing adjustments is now over, and the business is entering a more stable period.
The paint company is on track to gain market share despite intensifying competition
The company is actively pursuing market expansion by establishing strategic collaborations in sports, fashion, music, and luxury segments, and by filling product gaps with new competitive offerings, like The Spirit of Kashmyr, a luxury vodka
Backward integration, improving wallet share, and new product development will be key growth drivers
The contract manufacturer’s outlook is bright as its business diversification strategy is working well
A higher-than-expected RBI dividend played a key role in containing the impact of increased capital expenditure during the quarter.
After the surge in public capex, expectations were high for large private companies to step in, however the pickup has been tepid.
Concerns on Ceat’s near term profitability arise from high near-term debt amid slowing domestic and export sales
Strong volume-led growth offset by margin pressure. The company eyes on H2 as Camso, exports, and premiumisation take hold
In FY24 and FY25, capex accounted for only 24.9 percent of India’s total defence outlay. In contrast, the US allocated 37 percent of its military budget to capex.
Nirmala Sitharaman was speaking at the 10th Annual Meeting of the Board of Governors of NDB in Rio de Janeiro, Brazil.
Ramp-up in capacity, stronger integration, and focus on value-added products to drive growth