HDFC Securities Research Report – JK Tyre & Industries Ltd

JK Tyre & Industries (JKTL) is the flagship company of the JK organization which has other interests in paper, cement, seeds and dairy. It is one of India‚Äôs leading tyre brands (pioneer in truck radials) and among the 25 largest tyre companies in the world. JKTL started manufacturing tyres in 1977 with a capacity of…

Edelweiss Research Report – Dilip Buildcon Ltd

Dilip Buildcon (DBL) is one of the largest road EPC contractors in India with more than INR 17,500 cr order-book and INR 5,000 cr revenue (in FY17). Over the years, the company has created a sustainable business model by focusing on fostering end-to-end execution capability, expanding presence across geographies and securing higher revenue share of…

Prabhudas Lilladher Research Report – KEC International

KEC International (KEC) reported Net Profit of Rs1.45bn, up 90% YoY, led by higher margin and lower interest cost. Margin improved 150bps YoY to 10.6%, led by improved profitability in new businesses. Order inflow for the year was up 42% YoY to Rs123bn and they were L1 for Rs33bn worth bids. Domestic markets have seen…