Indian Corporates Report Mixed Q1 Results; HAL, ONGC, NMDC, HPCL Shine in Market Valuation
Latest financial updates from major Indian corporates have surfaced, with mixed results in their quarterly performances. Hindustan Aeronautics Limited (HAL), Oil and Natural Gas Corporation (ONGC), NMDC Limited, and Hindustan Petroleum Corporation Limited (HPCL) have all reported their figures, offering insights into their operational health and stock market valuation.
HAL's revenue from operations surged to Rs.4,819 crore in Q1FY26, but net profit dipped to Rs.1,384 crore. Despite this, HAL's stock market capitalization stands at Rs.3,25,887.37 crore, with a PE ratio of 38.13, significantly cheaper than the industry average of 70.44.
ONGC, on the other hand, saw a drop in revenue from operations to Rs.1,63,108 crore, but net profit grew to Rs.11,554 crore. ONGC's stock market capitalization is Rs.3,06,518.50 crore, with a PE ratio of 8.29, lower than the industry average of 11.50.
NMDC's revenue from operations increased to Rs.6,739 crore, but net profit fell to Rs.1,968 crore. NMDC's stock market capitalization is Rs.67,828.87 crore, with a PE ratio of 10.08, cheaper than the industry average of 21.87.
HPCL's revenue from operations decreased to Rs.1,10,825 crore, but net profit grew to Rs.4,111 crore. HPCL operates with a stock market capitalization of Rs.94,900.88 crore and a PE ratio of 8.80, cheaper than the industry average of 17.80.
While HAL and NMDC experienced growth in revenue alongside profit drops, ONGC and HPCL showed opposite trends. HAL's stock market valuation remains attractive despite its profit dip. ONGC, NMDC, and HPCL all offer cheaper stock market valuations compared to their respective industry averages, presenting potential investment opportunities.
Read also:
- Unveiling the Less-Discussed Disadvantages of Buds - Revealing the Silent Story
- Grid Risk Evaluation Strategy By NERC Outlined, Focusing on Potential Threats from Data Centers
- Rapid Expansion in Organic Rice Protein Market Projected at 15.6% Through 2034
- Vantor & Lanteris Fuel US Intelligence with Innovative Tech
