SlideShare a Scribd company logo
… So far so good
• Earnings in-line; intensity of downgrade moderates.
• 78 MOSL Universe companies and 26 Nifty companies have declared
their 4QFY16 results as of May 11th, 2016.
Aggregate Sales and PAT growth for the MOSL universe is at
a five quarter high while EBITDA growth is at a seven quarter
high.
1.
2.
Benefit of lower commodity costs is reflected in the 17
quarter high EBITDA margins (ex-Financials)
Margin expansion is broad-based barring Metals and
Technology sectors.
3.
Metals, Oil & Gas and Telecom, the traditional laggards have
surprised positively in 4Q16.
4.
Metals
Oil & Gas
Telecom
Metals
Oil & Gas
Telecom
Cement sector stands out as an earnings outperformer
while Financials have been a drag so far.
5.
Cement
Click here to read the
detailed report:
http://goo.gl/DbnHzY
ThankYou!
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Five key trends from the results declared till 11th may
Five key trends from the results declared till 11th may

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Five key trends from the results declared till 11th may

  • 1.
  • 2. … So far so good • Earnings in-line; intensity of downgrade moderates. • 78 MOSL Universe companies and 26 Nifty companies have declared their 4QFY16 results as of May 11th, 2016.
  • 3. Aggregate Sales and PAT growth for the MOSL universe is at a five quarter high while EBITDA growth is at a seven quarter high. 1.
  • 4. 2. Benefit of lower commodity costs is reflected in the 17 quarter high EBITDA margins (ex-Financials)
  • 5. Margin expansion is broad-based barring Metals and Technology sectors. 3.
  • 6. Metals, Oil & Gas and Telecom, the traditional laggards have surprised positively in 4Q16. 4. Metals Oil & Gas Telecom Metals Oil & Gas Telecom
  • 7. Cement sector stands out as an earnings outperformer while Financials have been a drag so far. 5. Cement
  • 8. Click here to read the detailed report: http://goo.gl/DbnHzY
  • 9. ThankYou! Follow us on: To open a Trading Account in 15 minutes: Click here www.motilaloswal.com www.motilaloswalgroup.com Visit us on: