Stocks to Watch for May 13: Dixon, Neuland, Torrent Power, Tata Power, Bharti Airtel and more

Dr. Reddy’s Laboratories | The pharma major reported a sharp decline in fourth-quarter earnings, with net profit falling 86.2% year-on-year to ₹220 crore from ₹1,587.3 crore. Revenue declined 12% to ₹7,516.2 crore, while EBITDA dropped 60.4% to ₹981 crore. EBITDA margin contracted sharply to 13% from 29.1% in the year-ago quarter. The board recommended a final dividend of ₹8 per share.

Dixon Technologies | The company reported fourth-quarter revenue of ₹10,510 crore, ahead of CNBC-TV18’s poll estimate of ₹10,239 crore. EBITDA came in at ₹408.4 crore versus the poll estimate of ₹372 crore, while margin stood at 3.9%, compared with expectations of 3.6%. On a year-on-year basis, revenue rose 2%, while EBITDA declined 7.8% and margin narrowed from 4.3% to 3.9%.

Berger Paints | Berger Paints India reported a 27.8% year-on-year rise in fourth-quarter net profit to ₹335 crore, supported by improved operating performance and margin expansion. Revenue for the quarter grew 6.1% to ₹2,868 crore from ₹2,704 crore a year earlier, while EBITDA increased 12.6% to ₹482 crore. The company’s EBITDA margin expanded to 16.8% from 15.8% in the year-ago period. The board also recommended a final dividend of ₹4 per equity share.

Vodafone Idea | The telecom service provider said its board will meet on May 16 to consider the company’s fourth-quarter results as well as a proposal to raise funds. The board will evaluate fundraising through the issuance of equity shares or warrants on a preferential basis.

Upcoming Q4 results | Several companies are scheduled to announce their quarterly earnings on May 13, spanning telecom, pharma, real estate, financial services, energy, defence and industrial sectors. Key results to watch include Bharti Airtel, Bharti Hexacom, Cipla, DLF, Hindustan Petroleum Corporation Limited, LIC Housing Finance, NLC India, Paras Defence and Space Technologies, along with Crompton Greaves Consumer Electricals, DCM Shriram, Balaji Amines, Andhra Cements, Kaynes Technology India and Kirloskar Brothers.

Neuland Laboratories | reported a sharp rise in fourth-quarter earnings, with net profit surging to ₹213 crore from ₹28 crore a year earlier. Revenue more than doubled to ₹776 crore, while EBITDA jumped to ₹307 crore from ₹51.1 crore in the year-ago period. EBITDA margin expanded significantly to 39.6% from 15.6%. The board also recommended a final dividend of ₹34 per share.

MTAR Technologies | The company reported strong fourth-quarter earnings, with net profit rising to ₹44.2 crore from ₹13.7 crore a year earlier. Revenue jumped 67.2% year-on-year to ₹306 crore, while EBITDA increased 80.9% to ₹61.7 crore. EBITDA margin expanded to 20.2% from 18.6% in the year-ago quarter.

Cohance Lifesciences | The company reported a sharp decline in fourth-quarter earnings, with net profit falling 83.8% year-on-year to ₹20 crore from ₹120.4 crore. Revenue declined 26.3% to ₹619.1 crore, while EBITDA dropped 60% to ₹98.7 crore. EBITDA margin contracted to 15.9% from 27.3% in the year-ago quarter.

Texmaco Rail & Engineering | The company reported a mixed set of fourth-quarter earnings, with net profit rising 45.1% year-on-year to ₹57.7 crore despite a decline in revenue. Revenue fell 13.3% to ₹1,167 crore, while EBITDA increased 9% to ₹106.4 crore. EBITDA margin improved to 9.1% from 7.3% in the year-ago quarter.

United Breweries | The alcobev firm said a tax demand order worth ₹275 crore raised by the Maharashtra Sales Tax Tribunal has been reduced to nil.

Rail Vikas Nigam Ltd | The company said it has emerged as the lowest bidder (L1) for an EPC contract worth ₹221.3 crore from South East Central Railway.

Kalpataru Projects | Kalpataru Projects International reported a sharp improvement in fourth-quarter earnings, with net profit rising to ₹200.5 crore from ₹14.1 crore a year earlier. Revenue surged to ₹1,693.7 crore from ₹596.9 crore, while the company posted EBITDA of ₹217.4 crore compared with an EBITDA loss of ₹19.7 crore in the year-ago quarter.