Page 7 - Ebitda

Patanjali Foods aims Rs 5K cr profit at Ebitda, over Rs 50K cr in 5 yrs

Edible oil firm Patanjali Foods has chalked out an aggressive growth plan to reach Rs 5,000 crore operational profit and over Rs 50,000 crore turnover in the next five years, banking on huge opportunity that it sees in FMCG business and oil palm plantations. Patanjali Foods Ltd, erstwhile Ruchi Soya Industries, was acquired in September 2019 by Baba Ramdev-led Patanjali Group through a corporate insolvency resolution process. In an interview with PTI, Ramdev said the company would like to grow its food and FMCG business as well as oil palm plantation vertical in a big way. Patanjali Foods has prepared a vision document for the next five years to become the largest player in the food-FMCG business, he highlighted. "Our target is to achieve more than Rs 5,000 crore profitability at EBIDTA level and over Rs 50,000 crore turnover in the next five years," Ramdev said. During the full 2022-23 fiscal, the net profit rose to Rs 886.44 crore from Rs 806.30 crore in the preceding fiscal. Th

Vedanta Resources records $4.6 bn EBIDTA, $2.8 bn free cash flow in FY23

Vedanta Resources Ltd (Vedanta) on Thursday said it generated an EBITDA of USD 4.6 billion and a pre-capex free cash flow of USD 2.8 billion during financial year 2022-23. While the EBITDA (earnings before interest, taxes, depreciation and amortization) in FY23 was its second highest, the pre-capex cash flow was its all-time high, the company said in a statement. "Vedanta has generated EBITDA of USD 4.6 billion in FY23 and free cash flow pre-capex of USD 2.8 billion. It was accompanied by a significant improvement in its balance sheet position, with Vedanta gross debt falling from USD 9.8 billion to USD 7.8 billion in the twelve months to March 2023, with further continued deleveraging thereafter to a position of USD 6.4 billion as at end May 2023, as previously announced," it said. The company said it expects further improvement in its capital structure, based on the robust EBITDA and free cash flow estimates for FY24. As part of company's ongoing balance sheet management, all ...

Listed Adani group firms' Ebitda jumps 36% to Rs 57,219 crore in FY23

The run-rate Ebitda, which consider annualisation of Ebitda from projects commissioned during the year, came in at Rs 66,566 crore

Astral's high growth prospects reflect well in its high valuation

After gaining 40% already in FY24, the stock is trading at a PE of over 100x

Adani Group promoters won't take on debt to fund expansion, growth

However, they will continue to be "net lenders" to group companies when they require funds

High valuations may cap further upside in ABB stock; prospects 'positive'

The company posted better than expected results for the March quarter, and prospects remain strong

Pidilite Industries eyes better margins from Q1FY24 amid revival in demand

Pidilite's volume growth stood at 7 per cent during the quarter

Tata Steel's Q4 points to divergent cyclical trends in steel markets

So are analyst opinions with ratings ranging between 'hold to 'buy', and valuations between Rs 110 and Rs 132

Tata Steel Q4 net profit down 82% to Rs 1,704.86 crore but beats estimates

In Q4FY23, Tata Steel Europe reported an EBITDA loss of Rs 1,641 crore. In the previous quarter, EBITDA loss had stood at Rs 1,551 crore

Adani Green Energy reports EBITDA in FY23 of Rs 5,538 cr up by 57% YoY

The sale of energy has increased by 58 per cent YoY to 14,880 mn units in FY23

India business to boost pharma, after US sales prove to be a mixed bag

Hospitals to recover from sluggish Q3; diagnostics growth rate at pre-Covid levels

Telecom sector to face slower mobile revenue growth in Q4: Analysts

Continuing churn in customer addition to hold back ARPU growth

Godrej Consumer Products expects Q4 growth on improved consumer demand

Growth in domestic business exceeds expectations, says maker of Cinthol soaps

Investors give a thumbs-up to Tech Mahindra's choice of Gurnani's successor

However, amid high hopes, new CEO Mohit Joshi has his task cut out in improving product mix, margins, deal wins, et al

Increasing interest costs

Corporate results indicate improving demand

Siemens scaling new heights on strong performance, govt's infra thrust

Decent upside in the stock given that most analysts are positive with target prices ranging Rs 3,250-3,800

Good upside seen in Oil India stock; most analysts are positive

And their price and fair valuation targets range between Rs 275 and Rs 290

'Fake Ebitda' masks risk in debt-laden companies, says report

The S&P analysts this week said the latest data reinforces their view that those Ebitda figures are "not a realistic indication of future Ebitda

Why ABB's good fourth quarter numbers may not boost its share price

While global slowdown may limit growth and margins may have peaked, analysts are divided with target prices ranging between Rs 2,820 and Rs 3,370

Adani Enterprises Q3 results: Net consolidated profit at Rs 820 crore

Adani Enterprises Q3 results: The net standalone profit in Q3FY23 was Rs 269.71 crore as compared to a loss of Rs 36.46 crore in Q3FY22