Here’s a brief look at what to expect from these companies in Q2
Apollo Hospitals
Apollo Hospitals is expected to post 9% growth year-on-year in its net profit while revenues are seen rising 14% year-on-year, according to Nuvama Equities.
Analysts forecast hospital business to report 11% year-on-year growth due to a strong season. Occupancy is expected to improve to 67% from 62% in the first quarter as August and September were particularly strong months.
“ARPOBs are also likely to remain steady (+14% YoY but flat QoQ). We estimate hospital EBITDA margin of 24.5%. Pharmacy is likely to continue its growth momentum given 1000 store additions in the last 1 year as well as a strong season,” the brokerage said.
Adani Ports
Analysts are expecting a 19% year-on-year improvement in revenues, driven by a combination of organic volume growth, realization growth, and a boost from the Haifa port and logistics business.Net profit from the second quarter is expected to rise 21% year-on-year, according to Kotak Institutional Equities.
“Underlying comparable volume growth is driven by very strong growth in container volumes. We model a low double-digit yoy growth in EBITDA, assuming an increasing share of lower margin businesses,” Kotak said.
ZEE
ZEE is likely to clock over 50% year-on-year growth in the second quarter, according to an average estimate of two analyst estimates. Revenues for the quarter are seen growing anywhere between 5-8% year-on-year.
Kotak estimates 4.3% year-on-year growth in EBITDA to Rs 310 crore, led by about 630 bps quarter-on-quarter expansion in EBITDA
margins to 14.1%, largely led by strong theatrical collections.
“We expect a 3% year-on-year decline in ZEE’s advertising revenues despite the weak base. Our 2Q estimates imply that Zee’s ad revenues are still 20% below Covid levels. We estimate 10% year-on-year growth in domestic subscription revenue and a 1% year-on-year decline in international subscription revenue,” the brokerage said.
Samvardhana Motherson
Easing chip shortage situation and a healthy global order book are expected to result in 18% year-on-year revenue growth for the company in the July-September period.
Net profit for the quarter is estimated to have more than doubled year-on-year, according to an average of two analyst estimates.
“EBITDA margin is likely to improve 100 bps year-on-year to 8.7%. Our estimates are yet to factor in the acquisitions considering limited data for the acquired company,” Motilal Oswal said.
The EBITDA margin expansion will be driven by better net pricing and scale.
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