Coal India Limited posted its financial results for the 9-month and third quarter ending December 31, 2024.

Post the announcement, on January 28, 2025, Coal India share price (NSE: COALINDIA) opened at ₹376.00, up from its previous close of ₹375.75. At 9:53 AM, the share price of Coal India was trading at ₹370.05, down by 1.52% on the NSE. Notably, the stock price touched its 52-week low recently at ₹361.25.

Financial Highlights 9M Ending December 31, 2024

For the nine months ending December 2024 (9M FY25), the total income stood at ₹1,08,450 crore, marking a decline of ₹2,189 crore or 2% compared to ₹1,10,639 crore in 9M FY24. PAT for the period was ₹25,710 crore, reflecting a decrease of ₹3,129 crore or 11% from ₹28,839 crore in the corresponding period of the previous year.

Q3 FY 2025 Financial Highlights

In Q3 FY25, the total income was ₹37,923 crore, a slight decline of ₹434 crore or 1% compared to ₹38,357 crore in Q3 FY24. The profit after tax (PAT) stood at ₹8,491 crore, reflecting a decrease of ₹1,801 crore or 17% from ₹10,292 crore in the corresponding quarter of the previous year.

Coal India Interim Dividend Record Date

Further, the Board of Directors approved the declaration of the 2nd Interim Dividend for the financial year 2024-25 at ₹5.60 per equity share with a face value of ₹10. This decision was recommended by the Audit Committee during its meeting.

As previously informed to the stock exchanges dated 15th January 2025, the company has set Friday, January 31, 2025, as the Record Date for determining eligibility for this dividend. The payment of the 2nd Interim Dividend for FY 2024-25 will be completed by February 26, 2025.

About Coal India Ltd

Coal India Ltd is primarily involved in the mining and production of coal and also operates coal washeries. The main consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilisers, brick kilns etc.

 

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.

lndraprastha Gas Limited (IGL) announced its financial results for the quarter ended December 31, 2024.

Post the announcement, on January 28, 2025, IGL share price opened at ₹384.70, up from its previous close of ₹377.50. At 9:44 AM, the share price of IGL was trading at ₹365.85, down by 3.09% on the NSE.

Q3 and 9M Ended December 31, 2024 Financial Highlights

For the three months ending December 31, 2024, the total income stood at ₹4,234.49 crore, showing an increase from ₹4,171.42 crore in the preceding quarter and ₹3,980.76 crore in the corresponding quarter of the previous year. However, the profit for the period declined to ₹325.42 crore, compared to ₹454.17 crore in the preceding quarter and ₹475.45 crore in the same period last year.

For the year-to-date figures ending December 31, 2024, the total income reached ₹12,369.74 crore, reflecting growth from ₹11,672.47 crore during the corresponding period of 2023. Meanwhile, the profit for the year-to-date period dropped to ₹1,259.80 crore, down from ₹1,550.11 crore recorded in the same period last year.

IGL Dividend During Q3 FY 2024-25

The company also stated that it has paid an interim dividend of 200% i.e. ₹4.00 per equity share amounting to ₹280.00 crores during Q3 FY 2024-25.

IGL Bonus Issue Record Date

On January 16, 2025, the company announced that its members approved the issuance of bonus shares in a 1:1 ratio. The Bonus Issue Committee has set Friday, January 31, 2025, as the Record Date to determine shareholder eligibility for receiving the bonus shares. The deemed date of allotment for the bonus shares has been scheduled for Monday, February 3, 2025.

 

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, being the second-largest producer of cement in the world, accounts for over 8% of the global installed capacity. With a rapidly growing infrastructure and construction sector, the country holds immense potential for further development. In this article, check the best cement stocks in India for February 2025, based on the 5-year CAGR and other parameters like market cap and net profit margin.

Best Cement Stocks in February 2025 – Based on 5yr CAGR

Note: The best cement stocks in India for February 2025 listed here are as of January 27, 2025. The stocks are picked from the Nifty 500 universe and sorted based on the 5-yr CAGR.

Overview of the Best Cement Stocks in February 2025

1. J K Cement Ltd

J K Cement Ltd is involved in the manufacturing and selling of cement and cement-related products with more than 4 decades of experience in cement manufacturing. In Q3 FY25, the company reported a 14% quarter-on-quarter (QoQ) growth in revenue from operations, reaching ₹2,930 crore, compared to ₹2,560 crore in Q2 FY25. However, revenue remained almost flat on a year-on-year (YoY) basis, as it was ₹2,935 crore in Q3 FY24.

The company’s profit after tax (PAT) saw a 40% QoQ increase, rising to ₹190 crore in Q3 FY25, up from ₹136 crore in Q2 FY25. However, compared to the same period last year, PAT declined by 33% from ₹284 crore in Q3 FY24.

Key metrics:

• ROCE: 14.27%
• ROE: 15.88%

2. India Cements Ltd

India Cements Ltd is one of the leading cement manufacturing companies. It is headquartered in Chennai. Consolidated Net Sales for Q3 FY25 stood at ₹940.81 crore, compared to ₹1,144.46 crore in the same period of the previous year. However, Profit After Tax (PAT) increased to ₹196.22 crores, up from ₹0.67 crores in Q3 FY24.

Key metrics:

• ROCE: -0.25%
• ROE: -3.98%

3. Grasim Industries Ltd

Grasim Industries Limited, the flagship company of the Aditya Birla Group, is one of India’s largest private sector firms. On a standalone basis, GIL’s core businesses include Viscose Staple Fibre (VSF), caustic soda, speciality chemicals, and rayon-grade wood pulp (RGWP), with manufacturing facilities at various locations. Additionally, the company is involved in other sectors such as fertilisers, textiles, and more.

In Q2 FY25, the company registered a revenue of ₹33,563 crore, reflecting an 11% YoY growth compared to ₹30,221 crore in Q2 FY24. The PAT declined to ₹473 crore, a 59% decrease from ₹1,164 crore in Q2 FY24.

Key metrics:

• ROCE: 7.19%
• ROE: 4.30%

4. Ambuja Cements Ltd

Ambuja Cements Ltd is one of the leading cement companies in India. Revenue from operations for the quarter ended September 2024 was ₹7,516 crore, compared to ₹8,311 crore in the quarter ended June 2024 and ₹7,424 crore in the quarter ended September 2023. Profit after tax (PAT) stood at ₹473 crore in the quarter ended September 2024, down from ₹783 crore in the quarter ended June 2024 and ₹987 crore in the quarter ended September 2023.

Key metrics:

• ROCE: 11.63%
• ROE: 7.98%

5. UltraTech Cement Ltd

UltraTech Cement is involved in the manufacturing and sale of cement and cement-related products mainly across the globe. The company’s consolidated net sales for Q3 FY25 were ₹16,971 crore, compared to ₹16,487 crore in the same period of the previous year. Profit after tax decreased to ₹1,470 crores during Q3 FY25, compared to ₹1,777 crores in the previous year.

Key metrics:

• ROCE: 14.06%
• ROE: 12.22%

Best Cement Stocks in February 2025 – Based on Market Cap

Note: The best cement stocks in India for February 2025 listed here are as of January 27, 2025. The stocks are sorted based on the market cap.

Best Cement Stocks in February 2025 – Based on Net Profit Margin

Note: The best cement stocks in India for February 2025 listed here are as of January 27, 2025. The stocks are sorted based on the net profit margin.

Cement Sector Growth in India

India is the world’s second-largest cement producer, contributing over 8% to the global installed capacity. The country holds significant potential for growth in the infrastructure and construction sectors, with the cement industry poised to benefit greatly from these developments.

In 2023, the market size of India’s cement industry reached 3.96 billion tonnes and is projected to grow to 5.99 billion tonnes by 2032, reflecting a CAGR of 4.7% from 2024 to 2032.

Between FY12 and FY23, the installed capacity increased by 61%, rising from 353 million tonnes in FY12 to 570 million tonnes in FY23. The cement sector’s capacity in India is expected to expand at a CAGR of 4-5% through FY27.

Factors to Consider Before Investing in the Cement Stocks

• Demand for Infrastructure and Construction: The growth of the infrastructure and real estate sectors directly impacts the demand for cement.
• Government Initiatives: Government policies and initiatives such as smart cities, housing for all, and infrastructure development schemes drive cement demand.
• Raw Material Costs: The cost of raw materials like limestone, coal, and gypsum plays a crucial role in determining profitability.
• Capacity Expansion: Expansion plans, mergers, or acquisitions can indicate growth prospects for cement companies.
• Environmental Regulations: Increasingly stringent environmental regulations can affect operational costs and production methods.
• Supply Chain & Logistics: The ability of cement companies to efficiently manage their supply chain and logistics affects margins.
• Financial Health of Companies: Look at debt levels, cash flow, and profit margins for a clearer understanding of a company’s stability.

Who Should Invest in Cement Stocks?

Cement stocks can be an option for long-term investors looking to capitalise on the growth of India’s infrastructure and real estate sectors. These stocks can be attractive to conservative investors due to their steady demand, low volatility, and the potential for dividends. However, investors should be prepared for cyclical fluctuations in demand based on macroeconomic factors such as interest rates and government policies.

Conclusion

The cement sector in India can present growth prospects driven by infrastructure development and urbanisation. However, investors must carefully evaluate each company’s financials, market positioning, and risks before making an investment decision.

 

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.

IDFC FIRST Bank Limited has been in focus on Monday following the announcement of Q3 FY 2025 financial results.

On January 27, 2025, IDFC FIRST Bank share price (NSE: IDFCFIRSTB) opened at ₹59.01, down from its previous close of ₹62.27. At 11:22 AM, the share price of IDFC FIRST Bank was trading at ₹57.98, down by 6.89% on the NSE.

Q3 FY 2025 Financial Highlights

In Q3 FY25, the bank reported a notable increase in customer deposits, which grew by 28.8% year-on-year (YoY), rising from ₹1,76,481 crore as of December 31, 2023, to ₹2,27,316 crore as of December 31, 2024.

Retail deposits, in particular, saw growth, expanding by 29.6% YoY, from ₹1,39,431 crore to ₹1,80,752 crore during the same period. The CASA (Current Account and Savings Account) deposits also increased by 32.3% YoY, reaching ₹1,13,078 crore from ₹85,492 crore, contributing to a CASA ratio of 47.7% as of December 31, 2024. Notably, retail deposits now constitute around 80% of the total customer deposits.

On the lending front, loans and advances (including credit substitutes) grew by 22.0% YoY, from ₹1,89,475 crore as of December 31, 2023, to ₹2,31,074 crore as of December 31, 2024, reflecting strong credit demand across segments.

The bank’s Net Interest Income (NII) grew by 14% YoY, from ₹4,287 crore in Q3 FY24 to ₹4,902 crore in Q3 FY25. For the nine months ended FY25, NII saw a growth of 20.1% YoY. However, the bank’s Net Interest Margin (NIM) slightly declined to 6.04% in Q3 FY25, compared to 6.18% in Q2 FY25, primarily due to a decline in the micro-finance business and an increase in the share of wholesale banking in the bank’s portfolio.

Net profit, however, saw a significant decline of 53% YoY, falling from ₹716 crore in Q3 FY24 to ₹339 crore in Q3 FY25. Sequentially, the net profit grew by 69% QoQ from ₹201 crore in Q2 FY25. This decrease in profit was mainly due to reduced income from slowed disbursals of micro-finance loans, increased provisions for micro-finance, and the normalization of credit costs in non-microfinance businesses. The bank continues to focus on managing its business risks while improving its overall performance in a challenging macroeconomic environment.

 

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.

ICICI Bank Limited has been in focus on Monday post the announcement of its financial results for Q3 FY 2025.

On January 27, 2025, ICICI Bank share price opened at ₹1,195.00, down from its previous close of ₹1,209.20. At 10:29 AM, the share price of ICICI Bank was trading at ₹1,225.75, up by 1.37% on the NSE.

Q3 FY 2025 Financial Highlights

The profit before tax excluding treasury increased by 12.8% year-on-year (y-o-y) and 3.2% quarter-on-quarter (q-o-q) to ₹152.89 billion. Core operating profit also showed a positive trend, growing by 13.1% y-o-y and 2.9% q-o-q to ₹165.16 billion. Excluding dividend income from subsidiaries and associates, the core operating profit rose by 14.7% y-o-y and 3.3% q-o-q.

Growth in Retail and Domestic Loans

The bank’s loan book exhibited healthy growth, with domestic loans increasing by 15.1% y-o-y and 3.2% q-o-q. Retail loans also saw a steady rise of 10.5% y-o-y and 1.4% q-o-q, reflecting ICICI Bank’s growing dominance in the retail sector.

Consistent Asset Quality

ICICI Bank maintained its strong asset quality, with the net non-performing asset (NPA) ratio remaining stable at 0.42% as of December 31, 2024, in line with the previous quarter. This stability underscores the bank’s sound risk management practices despite a challenging market environment.

 

 

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.

InterGlobe Aviation Limited (IndiGo) announced its financial results for Q3 FY25.

Post the announcement, on January 27, 2025, IndiGo share price opened at ₹4,135.55, down from its previous close of ₹4,161.80. At 10:13 AM, the share price of IndiGo was trading at ₹4,200.00, up by 0.92% on the NSE.

Q3 FY 2025 Financial Highlights

For the quarter ending December 31, 2024, the airline’s capacity increased by 12.0% to 40.8 billion, and the number of passengers carried rose by 12.7% to 31.1 million. Unit passenger revenue (PRASK) saw a slight improvement of 0.3% to ₹4.72.

Revenue from operations stood at ₹22,110.7 crore, reflecting a 13.7% year-on-year growth. Total income for the quarter reached ₹22,992.8 crore, a rise of 14.6% compared to the same period last year. Passenger ticket revenues grew by 12.3% to ₹19,267.8 crore, while ancillary revenues surged by 22.3% to ₹2,153.1 crore.

EBITDAR for the quarter stood at ₹6,058.7 crore, with an EBITDAR margin of 27.4%, compared to ₹5,475.1 crore and a margin of 28.1% in the previous year. The net profit for the quarter was ₹2,448.8 crore, down from ₹2,998.1 crore in Q3 FY24.

As of December 31, 2024, IndiGo’s total cash balance was ₹43,780.8 crore, including ₹28,903.5 crore in free cash and ₹14,877.3 crore in restricted cash. The airline’s total debt, inclusive of capitalised operating lease liability, stood at ₹65,138.5 crore.

Management Commentary 

Mr Pieter Elbers, CEO, said, “We delivered a strong third quarter of financial year 2025, both operationally and financially. We reported a total income of INR 230 billion, reflecting a growth of 15 percent and profit excluding the impact of currency movement of INR 38.5 billion. Including currency impact, we reported a profit of INR 24.5 billion highlighting effective execution of our clear and well-defined strategy.”

He further added, “These results were driven by robust demand in the market and our ability to cater to that demand supported by lower fuel prices. We touched new milestones as we operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. We will continue the growth path to offer our customers with options to conveniently fly to the destination of their choice.”

 

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.

DLF Limited has reported its financial results for Q3 FY25.

Post the announcement, on January 27, 2025, DLF share price opened at ₹696.50, almost the same as its previous close of ₹695.25. At 9:55 AM, the share price of DLF was trading at ₹720.75, up by 3.67% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s consolidated revenue for the quarter stood at ₹1,738 crore, with gross margins of 52%. Net profit for the period came in at ₹1,055 crore. Additionally, DLF recorded record-breaking new sales bookings of ₹12,093 crore during the quarter.

The company stated that the development business was a major contributor to the quarter’s performance. The super luxury project The Dahlias in DLF 5, Gurugram, garnered ₹11,816 crore in new bookings, demonstrating significant demand for premium real estate.

This exceptional performance allowed DLF to surpass its annual guidance, with total new sales bookings for the first nine months of FY25 reaching ₹19,187 crore. Operating cash surplus for the quarter amounted to ₹1,850 crore, boosting the company’s net cash position to ₹4,534 crore.

They added that DLF’s rental arm, DLF Cyber City Developers Limited (DCCDL), also delivered a strong performance. The subsidiary reported consolidated revenue of ₹1,609 crore, reflecting a 9% year-on-year (YoY) growth, while consolidated profit rose by 117% YoY to ₹941 crore. The rental business has shown steady growth, supported by a robust capex program aimed at accelerating the development of new projects. Key projects like Downtown Chennai and Downtown Gurugram, spanning approximately 11 million square feet, are progressing as planned.

Future Outlook

Looking ahead, DLF remains optimistic about leveraging the structural upcycle in the real estate sector. With a significant land bank, a pipeline of promising projects, a strong balance sheet, and consistent cash flow generation, the company is well-positioned to sustain its growth trajectory. Projects like Atrium Place in Gurugram and three retail malls are expected to be completed soon, with rental income commencing in the next fiscal year.

 

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.