Most major companies in India will release their Q3 (October-December) numbers next week which would also be a crucial factor for investors who have been largely trading on the earnings pitch before taking cues from other global markets. Among the key names on earnings roster are Hindustan Aeronautics Ltd (HAL), Titan Company, Mahindra & Mahindra (MM), Hindustan Unilever Ltd (HUL), Oil and Natural Gas Corporation (ONGC) and Lenskart, a digital retailer.
According to planned filings, Hindustan Aeronautics Ltd is to kick off a week of earnings announcements by large corporations across sectors from consumer goods and automobiles to energy. Investors and analysts will be keenly focused on key performance indicators like revenue growth, profit margins, operating expenses and segment performance to try to assess momentum in the broader economy.
Sector-Wise Highlights
Aerospace and Defence: December quarter results of Hindustan Aeronautics Ltd will give the first peep into order books and execution in defence sector, with domestic as well as export contracts for aircrafts and civil aerospace components continuing to be signed.
Consumer Goods: HUL’s (Hindustan Unilever Ltd’s) results would be a reflection on the consumer demand, pricing power and the differential growth in rural versus urban businesses in the FMCG sector.
Automotive and Mobility: Mahindra & Mahindra, Titan Company: All eyes on traction in auto sales, luxury watches and jewellery business.
Energy: ONGC’s profit numbers will show the upstream production statistics in oil and gas segment along with pricing realisations and exploration costs metrics, keeping in eye global energy market changes.
Retail and E-commerce: Online eyewear retailer Lenskart should highlight digital revenue streams growth, omni-channel expansion and acquisition efficiency details.
Most market participants treat quarterly earnings as a yardstick for how a company is doing and how much investors may be willing to pay. Good results can lift share prices and general market mood, but bad earnings may lead to re-evaluations of valuation and strategies.
Analysts of top brokerage houses have emphasised that revenue growth and cost management should be the key focus areas for these corporates as they grapple with rise in input prices and the competitive environment. And they anticipate commentary on future guidance and capital expenditure plans to factor into earnings calls as well.
These are news announcements that investors interested in this stock should monitor before going home for the day – as the more relevant information and news is out there, the stronger chance a company has to decrease volatility in its stock.
