Delta Corp Ltd is in focus on Monday ahead of the Q3 FY 2025 financial results announcement. On January 13, 2025, Delta Corp share price (NSE: DELTACORP) opened at ₹117.00, slightly down from its previous close of ₹118.93. At 10:32 AM, the share price of Delta Corp was trading at ₹114.22, down by 3.96% on the NSE. As of the same time, the stock touched its day’s low at ₹113.76.

Board Meeting Announcement

Earlier this month, in January 2025, the company announced that its Board of Directors would convene on Monday, January 13, 2025, to review the unaudited financial results for the quarter and the nine months ending December 31, 2024.

Financial Performance in Q2 FY 2025

For Q2 FY 2025, the company’s total income reached ₹206.17 lakh, dropping from ₹273.14 lakh in Q2 FY 2024. The profit for the period stood at ₹26.98 lakh, dropping from ₹69.44 lakh in Q2 FY 2024.

About Delta Corp Ltd

Delta Corp Limited is involved in the businesses of gaming (live, electronic and online), hospitality and real estate. The company has evolved into diversified segments like real estate, casino gaming, online gaming, and hospitality.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India is recognised as one of the most popular travel destinations worldwide. It has led the country’s tourism and hospitality industry to become a major growth driver in the services sector. With tourism being a key source of foreign exchange, India’s industry holds significant potential. In 2021, the travel and tourism sector contributed US$ 178 billion to the GDP, and it is projected to reach US$ 512 billion by 2028. By 2029, the sector is expected to generate ~53 million jobs. In this article, check the best travel stocks in India for January 2025, based on the net profit margin.

Best Travel Stocks in India for January 2025 – Net Profit Margin Basis

Note: The best travel stocks in India listed here as of market cap with above ₹1,000 crore and are sorted based on the net profit margin. The data is as of January 10, 2025.

Overview of the Best Travel Stocks in India

1. Easy Trip Planners Ltd

Easy Trip Planners provides a comprehensive range of travel-related products and services under the “Ease My Trip” brand. It offers end-to-end travel solutions, including airline tickets, hotels, holiday packages, rail and bus tickets, taxis, and value-added services like travel insurance, visa processing, and tickets for activities and attractions.

In H1 FY25, the company reported revenue from operations of ₹2,972.7 million, compared to ₹2,657.5 million in H1 FY24. The Profit After Tax (PAT) for H1 FY25 was ₹607.3 million, down from ₹728.6 million in H1 FY24.

Key metrics:

• ROE: 20.73%

• ROCE: 23.20%

2. Tbo Tek Ltd

TBO Tek Ltd is involved in the business of operating multiple online technology platforms and offering access to book global travel inventory aggregated through travel suppliers like airlines, hotels, etc. In H1 FY25, revenue from operations was ₹869 crore, up 25% YoY from ₹697 crore. PAT stood at ₹121 crore, reflecting a 17% YoY growth from ₹103 crore, with a PAT margin of 14%.

Key metrics:

• ROE: 45.84%

• ROCE: 30.80%

3. India Tourism Development Corp Ltd

India Tourism Development Corporation Ltd, established in October 1966, is a Government of India undertaking. The company operates hotels and restaurants, offers transport services, produces and sells tourist publicity literature, and provides entertainment and duty-free shopping facilities to tourists. In H1 FY25, revenue from operations was ₹23,856.59 lakh, dropping from ₹24,920.37 lakh in H1 FY24. Net profit stood at ₹3,536.37 lakh, which declined from ₹3,619.68 lakh in H1 FY24.

Key metrics:

• ROE: 19.92%

• ROCE: 27.47%

4. ECOS (India) Mobility & Hospitality Ltd

ECOS (India) Mobility & Hospitality Limited is a chauffeur-driven car rental service provider in India. In H1 FY25, revenue from operations was ₹3,084.76 million, up 14.88% YoY from ₹2,685.13 million. PAT stood at ₹292.53 million, with a 3.82% YoY drop from ₹304.14 million.

Key metrics:

• ROE: 42.74%

• ROCE: 43.90%

5. Thomas Cook (India) Ltd

Thomas Cook provides a broad spectrum of services that include corporate travel, foreign exchange, MICE, leisure travel, visa & passport services, etc. The company’s total income from operations increased by 10% to ₹41,764 million for H1 FY25, compared to ₹37,937 million in H1 FY24. Consolidated PBT rose by 26% to ₹2,136 million in H1 FY25, from ₹1,689 million in H1 FY24.

Key metrics:

• ROE: 13.98%

• ROCE: 14.89%

Tourism and Hospitality Sector Growth in India 

The travel market in India is forecasted to grow from an estimated US$ 75 billion in FY20 to US$ 125 billion by FY27. The Indian airline sector, valued at ~US$ 20 billion, is expected to double by FY27, supported by enhanced airport infrastructure and better access to passports.

The Indian hotel market, including domestic, inbound, and outbound, was estimated at around US$ 32 billion in FY20 and is projected to reach about US$ 52 billion by FY27, driven by increasing demand from travellers and the efforts of travel agents. By 2028, international tourist arrivals are anticipated to hit 30.5 billion, generating over US$ 59 billion in revenue.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JSW Steel has reported its highest-ever consolidated crude steel production for the third quarter of FY 2024-25, reaching 7.03 million tonnes (Mnt), marking a 4% increase quarter-on-quarter (QoQ) and a 2% increase year-on-year (YoY).

Steel Production Details

The company stated that the strong performance was driven primarily by Indian operations, which achieved a record production of 6.82 Mnt in Q3 FY25, up by 3% both QoQ and YoY. However, the production and capacity utilisation were temporarily affected by maintenance activities at one of the blast furnaces at the Dolvi plant in October 2024. The furnace resumed normal operations in early November.

The company also reported a capacity utilisation of 91% for its Indian operations in Q3 FY25, excluding trial-run production. The breakdown of production includes 0.21 Mnt from JSW Steel USA (Ohio) and 6.82 Mnt from Indian operations, including 0.12 Mnt from trial runs.

JSW Steel is progressing with its 5 million tonnes per annum (MTPA) integrated steel project at Vijayanagar, spearheaded by its wholly-owned subsidiary JSW Vijayanagar Metallics Ltd. (JVML). During Q3 FY25, JVML commissioned one of the two converters and castors at its steel melt shop. The full ramp-up of this facility is expected by Q4 FY25, increasing the total crude steel capacity at Vijayanagar from 29.2 MTPA to 34.2 MTPA.

For the nine months ending December 31, 2024, JSW Steel’s consolidated production was 20.16 Mnt, an increase from 19.89 Mnt in the same period the previous year. This was boosted by growth in Indian operations and steady performance at JSW Steel USA.

On January 10, 2025, JSW Steel share price opened at ₹890.95, touching the day’s high at ₹896.05, as of 10:58 AM on the NSE.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Kalyan Jewellers India Limited has been in focus on Friday. On January 10, 2025, Kalyan Jewellers share price opened at ₹660.00, down from its previous close of ₹662.55. At 11:08 AM, the share price of Kalyan Jewellers was trading at ₹647.60, down by 2.26% on the NSE. The stock price touched its 52-week high recently on January 2, 2025, at ₹795.40.

Q3 FY 2025 Update

Earlier this week, the company reported a successful Q3 FY 2025, achieving consolidated revenue growth of approximately 39% year-on-year. India operations led the charge, with a 41% increase in revenue compared to Q3 FY2024, driven by strong demand in both gold and studded categories, particularly during the festive and wedding seasons. This period also saw impressive same-store sales growth of around 24%.

In terms of expansion, the company launched 24 new Kalyan showrooms across India, contributing to its increasing market presence, with a strong pipeline of future openings. Internationally, the Middle East market performed well, delivering a 22% revenue growth year-on-year and contributing roughly 11% to the company’s consolidated revenue.

Additionally, the company marked a significant milestone by opening its first Company Owned Company Operated (COCO) showroom in the United States, expanding its footprint into a new market. This strategic move is expected to drive further growth and brand recognition in the international market.

About Kalyan Jewellers India Ltd

Kalyan Jewellers India Ltd is involved in the designing, manufacturing and sale of a range of gold, studded and other jewellery products across different price points. It is one of the largest jewellery retailers in India based on revenue as of FY 2020.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Laxmi Dental IPO is set to launch its IPO on January 13, 2025. It is one of the anticipated upcoming IPOs in India. Here are the key details to note about the Laxmi Dental IPO.

Key Details of the IPO to Note

• Open and Close Dates: Laxmi Dental IPO will open for subscription on Monday, January 13, 2025, and will close on Wednesday, January 15, 2025.
• Allotment Date: The allotment for the IPO is anticipated to be on or before Thursday, January 16, 2025.
• Listing Date: The shares will be listed on the BSE and NSE, with a tentative listing date set for Monday, January 20, 2025.
• Price Band: The price band for the Laxmi Dental IPO is set between ₹407 to ₹428 per share, with a minimum application lot size of 33 shares. Retail investors need to make a minimum investment of ₹14,124.
• Offer Size: The IPO will be a book-built issue amounting to ₹698.06 crore, which includes a fresh issue of 0.32 crore shares of ₹138.00 crore and an offer for sale of 1.31 crore shares of ₹560.06 crore.
• Objects of the Issue: As per the RHP, the proceeds from the fresh issue will be used for the repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the company, for investment in certain subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings, to fund the capital expenditure requirements for purchase of new machinery for the company, to investment in their subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery and for general corporate purposes.

Financial Performance

Strengths and Risks

Strengths:

• Only integrated dental products company in India, well-positioned to capture industry growth.
• Increasing adoption of digital dentistry and large dental networks provide a competitive advantage.
• Robust technological capabilities with stringent regulatory compliance ensuring high-quality standards.

Risks:

• The company has reported a consolidated loss after tax, negative earnings per share for fiscal years 2023 and 2022, and has written off assets in the last three fiscal years. It cannot assure that similar events will not occur in the future.
• The company’s business success relies on expanding its Dental Network, recommendations from the Dental Network, and increasing wallet share per dental clinic, company, and dentist. Failure to achieve this in a cost-effective manner could adversely affect its business, operations, and financial condition.
• The company’s business is concentrated in certain global and domestic jurisdictions, and any loss of business in these regions could negatively impact its operations, results, and financial condition.

About Laxmi Dental Limited

Laxmi Dental Ltd offers a comprehensive portfolio of dental products. Its offerings include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, aligner-related products as part of aligner solutions, and pediatric dental products. The company has maintained a presence for over 20 years.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Fabtech Technologies IPO opened for subscription on January 3, 2025 and ended on January 7, 2025.

It was a book-built issue of ₹27.74 crore. The issue was a fresh issue of 32.64 lakh shares. The Fabtech Technologies IPO price band was set at ₹80 to ₹85 per share.

On Day 3 of subscription, January 7, 2025, as of 6:19 PM, Fabtech Technologies IPO was subscribed 740.37 times. QIBs subscribed 224.5x, NIIs subscribed 1,485.52x, and retail investors subscribed 715.05x.

The share allotment was finalised on Wednesday, January 8, 2025, and the shares were listed on the BSE SME platform on January 10, 2025.

Fabtech Technologies Share Price

On the listing day, on the BSE, Fabtech Technologies share price opened at ₹161.50, up from its issue price of ₹85.00. At 10:31 AM, the share price was trading at ₹169.57, up by 5.00% from its opening price of ₹161.50 and 99.49% up from its issue price of ₹85.00. As of the same time, the stock touched its day’s high at ₹169.57. The company’s market cap was ₹208.90 crore.

About Fabtech Technologies Cleanrooms Limited

Fabtech Technologies Cleanrooms is engaged in the manufacturing and delivery of design-to-validation solutions, the company specialises in pre-engineered and prefabricated modular panels and doors for constructing cleanrooms. These cleanrooms cater to the pharmaceutical, healthcare, and biotech sectors and are meticulously designed to maintain a controlled environment, ensuring minimal levels of pollutants, dust, airborne microbes, aerosols, and chemical vapours.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

GTPL Hathway Limited has reported its financial results for the quarter ending December 31, 2024.

Post the announcement, on January 10, 2025, GTPL share price opened at ₹145.00, down from its previous close of ₹146.52. At 10:19 AM, the share price of GTPL was trading at ₹135.46, down by 7.55% on the NSE. Notably, the stock touched its 52-week low at ₹133.13.

Q3 FY 2025 Financial Highlights

The company achieved a total revenue of ₹8,957 million, marking a 4% year-on-year (Y-o-Y) growth. EBITDA for Q3 FY25 stood at ₹1,138 million, reflecting an EBITDA margin of 12.7% and an operating EBITDA margin of 21.8%. Profit After Tax (PAT) for the quarter was ₹102 million.

Operational Highlights

In terms of operational performance, GTPL Hathway’s Digital Cable TV business showed steady growth, with active subscribers reaching 9.60 million as of December 31, 2024, an increase of 200,000 Y-o-Y. Paying subscribers also saw a rise of 2,00,000 Y-o-Y, totalling 8.90 million. The subscription revenue from Cable TV amounted to ₹3,024 million for the quarter.

On the broadband front, GTPL Hathway saw a growth in subscribers, with broadband subscribers increasing by 37,000 Y-o-Y, bringing the total to 1.042 million. The company’s homepass, which represents the network coverage for broadband services, stood at 5.95 million, an increase of 3,50,000 Y-o-Y.

Notably, 75% of the homepass is available for FTTX (Fiber to the Home) conversion. The broadband average revenue per user (ARPU) for the quarter was ₹465 per month, reflecting a ₹5 Y-o-Y increase. Additionally, the average data consumption per user per month was 365 GB, marking a 6% Y-o-Y increase.

GTPL Hathway’s consistent growth across both its Digital Cable TV and broadband segments highlights the company’s strong market position.

Commenting on the results, the Managing Director of GTPL Hathway Limited, Mr Anirudhsinh Jadeja, said, “GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favourable industry dynamics towards continued consolidation.”

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.