LENSKART IPO INSIGHT
Compared to 4 global peers, Lenskart has the lowest EBITDA margin at 9.5% but trades at the highest P/E of 543.2x and Mkt Cap/Sales of 10.5x, indicating stretched valuations.
While listing gains may remain muted, the business model is strong and supported by a large, underpenetrated ₹15,207 Bn eyeglasses market, offering long-term growth potential for organized players.
AIBHAV GLOBAL Q2 RESULTS
Net Profit ₹47.55 cr ⬆️71% YoY | ⬆️26% QoQ
Revenue ₹877 cr ⬆️10% YoY | ⬆️8% QoQ
EBITDA ₹77.59 cr ⬆️29% YoY | ⬆️26% QoQ
EBITDA Margin 8.85% vs 7.55% YoY | 7.56% QoQ
JAY USHIN
Sources indicate Jay Ushin Ltd, Continental India, and Hitachi have received the first set of licenses to import high rare earth magnets from China.
Indian firms can use these imports for domestic non-defence purposes only and cannot export them to the US.
HAVELLS
Havells, Nikhil Kamath & others invest Rs 1,422 cr in Goldi Solar (Reuters).
LUMAX AUTO TECHNOLOGIES
Launches “SHIFT” Innovation Hub in Bengaluru focusing on in-cabin tech, ADAS, connectivity, and embedded electronics.
The hub will serve as an R&D centre for design, prototyping, and validation to support OEMs like Maruti, Tata Motors, and M&M.
ROSSEL TECHSYS
Board meet on 1st Nov to consider fund raising via equity.
ASHOKA BUILDCON
Subsidiary Ashoka Infrways Ltd to acquire real estate project under CIRP.
Selected as resolution applicant for Shree Sainath Land & Development (India) Pvt Ltd involving ₹80.52 cr payout to creditors.
AIRFLOW RAIL TECHNOLOGY
Receives new order worth ₹3.08 cr from Modern Coach Factory, UP for fabrication of LHB-type Power Car Coach (Side Wall set).
Execution expected within 5–6 months.
BHARTI AIRTEL
Subsidiary Nextra Data Ltd acquires 35% stake in AMPIN Energy C&I Sixteen Pvt Ltd for ₹5.19 cr in cash.
The company is developing a 13.2 MW solar plant in Maharashtra for Airtel’s captive renewable needs.
SATIN CREDITCARE Q2 HIGHLIGHTS
Operating Profit ₹212 cr ⬆️5.4% QoQ
AUM ₹12,687 cr ⬆️1.5% QoQ
Disbursements ₹2,626 cr ⬆️17.1% QoQ
Gross NPA 3.52% vs 3.74% QoQ
Net NPA 1.19% vs 1.39% QoQ
NIMs 14.25% vs 13.17% QoQ
ROA 1.68% vs 1.50% QoQ
EVEREST INDUSTRIES Q2 RESULTS
Net Loss ₹18.17 cr (vs ₹11.67 cr loss YoY | ₹1.63 cr profit QoQ)
Revenue ₹306 cr ⬇️19% YoY | ⬇️39% QoQ
EBITDA loss ₹9 cr vs ₹1.73 cr loss YoY | ₹16.37 cr loss QoQ
EBITDA Margin -2.94% vs -0.45% YoY | 3.26% QoQ
ADVANCE AGROLIFE Q2 RESULTS
Net Profit ₹0.89 cr ⬆️24% YoY | ⬆️536% QoQ
Revenue ₹16.86 cr ⬆️28% YoY | ⬆️88% QoQ
EBITDA ₹1.7 cr ⬆️37% YoY | ⬆️193% QoQ
EBITDA Margin 10.1% vs 9.4% YoY | 6.45% QoQ
DYNAMATIC TECHNOLOGIES
Large trade: SAMENA Special Situations Mauritius III sold 0.53 lakh shares (0.79%) at ₹7712.34/sh.
AAA TECHNOLOGIES
Promoter Ruchi Anjay Agarwal sold 7.40 lakh shares (5.76%) at ₹92.58/sh.
NOVA Global Opportunities Fund PCC – Bluestone bought 1 lakh shares (0.78%) at ₹92.80/sh.
M7 Global Fund PCC – Cell Dewcap Fund bought 6.40 lakh shares (4.98%) at ₹92.55/sh.
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