Divi’s Laboratories, FSN E-Commerce, Varun Beverages, and Adani Energy Solutions are among the top companies on the list.
Besides these, Max Healthcare Institute, NHPC, Bharat Forge, Hindustan Petroleum Corporation, Gland Pharma, Emami, Exide Industries, R R Kabel, Bajaj Electricals, Bikaji Foods International, Sun Pharma Advanced Research, Sobha Ltd, Ujjivan Financial Services, Quess Corp, Fusion MicroFinance, Gateway Distriparks, Heidelberg Cement, Va Tech Wabag, and Paras Defence and Space Technologies are among the other major companies releasing results on Monday.
Here are analysts’ expectations on the earnings front from some of the companies.
FSN E-Commerce
The online personal care products retailer is seen reporting a double-digit year-on-year (YoY) growth in revenue for the September quarter, driven primarily by the beauty and personal care and fashion segments, which are seen growing 21-31%.
Nuvama Institutional Equities expects overall gross merchandise value growth of 25% YoY for the Nykaa brand owner.
The industry estimates indicated slightly subdued discretionary consumption, primarily on account of a delayed festive season, but Nykaa on the contrary, has witnessed a strong quarter across all verticals, analysts said.
Kotak Institutional Equities expects an improvement in the operating margin to 5.9% (up 90/70 bps yoy/qoq), driven by positive operating leverage.Divi’s Laboratories
The company is seen reporting moderate growth in the overall revenue despite double-digit growth in both generic and nutraceutical businesses. This is because of zero revenue from COVID-19 treatment drug Molnupiravir.
Brokerage Motilal Oswal Securities expects a 4.3% growth in revenue, while Kotak Equities sees it at 7%.
The impact of pricing of products in the API segment on the overall profitability of the company is something Motilal Oswal will closely track, besides an update on the ongoing capacity expansion at the Kakinada facility.
Varun Beverages
Brokerage Axis Securities expects a 17% YoY growth in sales, owing to unseasonal rains, distribution expansion, and higher realisation from the Sting portfolio.
Operating margin is likely to expand on the back of gross margin expansion amid favourable raw material cost, improved product mix, and operating leverage.
Key monitorables would be margin outlook, traction from Sting and Foods portfolio. Scaling up in international geographies and capital investment plans will also be tracked by investors.
Bharat Forge
Brokerage Prabhudas Lilladher expects the auto ancillary maker to report a strong 30% YoY growth in revenue for the quarter, led by a robust performance across segments.
Operating margins are expected to expand by a strong 299 bps to 17%, benefiting from lower commodity and input costs and operating leverage. The brokerage expects an over 15% growth in shipment tonnage, led by healthy automotive and industrial demand in both India and the export business.
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
