ThinkStock PhotosICICI Securities has buy call on with a target price of Rs 171. The current market price of Aditya Birla Capital Ltd. is Rs 125.95.
Aditya Birla Capital Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 29321.47 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 5591.96 Crore, up 11.13 % from last quarter Total Income of Rs 5031.97 Crore and up 15.35 % from last year same quarter Total Income of Rs 4847.64 Crore. Company reported net profit after tax of Rs 303.60 Crore in latest quarter.
Investment Rationale
Operating performance of the life insurance business gathered momentum in line with industry trends. Health insurance losses too narrowed to Rs2bn in FY21 (Q4FY21 combined ratio at 107%). Further investment in franchise, cross-sell and leveraging digital, will aid it improve RoE profile.
Promoter/FII Holdings
Promoters held 70.7 per cent stake in the company as of March 31, 2021, while FIIs held 11 per cent, DIIs 4 per cent and public and other 14.3 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
Aditya Birla Capital Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 29321.47 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 5591.96 Crore, up 11.13 % from last quarter Total Income of Rs 5031.97 Crore and up 15.35 % from last year same quarter Total Income of Rs 4847.64 Crore. Company reported net profit after tax of Rs 303.60 Crore in latest quarter.
Investment Rationale
Operating performance of the life insurance business gathered momentum in line with industry trends. Health insurance losses too narrowed to Rs2bn in FY21 (Q4FY21 combined ratio at 107%). Further investment in franchise, cross-sell and leveraging digital, will aid it improve RoE profile.
Promoter/FII Holdings
Promoters held 70.7 per cent stake in the company as of March 31, 2021, while FIIs held 11 per cent, DIIs 4 per cent and public and other 14.3 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
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