Aadhar Housing Finance Share Price Rises Above 4% After Q3 FY25 Profit Soars 17%, AUM Grows by 21%

Aadhar Housing Finance, a non-banking finance company (NBFC), reported a 17.17% rise in its net profit for the third quarter of FY25. The company’s profit after tax (PAT) for Q3 FY25 stood at ₹239.34 crore, up from ₹204.37 crore in the same quarter last year. The total income for the quarter reached ₹797.64 crore, reflecting an 18.51% increase from ₹673.08 crore in Q3 FY24.

Aadhar Housing Finance’s assets under management (AUM) grew by 21%, reaching ₹23,976 crore, compared to ₹19,865 crore in the previous year. The company’s gross non-performing assets (NPAs) improved slightly to 1.36% in Q3 FY25 from 1.40% in the previous quarter, ending December 31, 2023.

Disbursements and 9-Month PAT Growth

The company saw strong disbursements, growing by 20%. The PAT for the first nine months of FY25 stood at ₹667 crore, showing a 22% year-on-year growth.

About Aadhar Housing Finance Ltd

Aadhar Housing Finance Ltd is one of India’s largest housing finance companies, catering to the home financing needs of low-income groups. Aadhar Housing Finance primarily serves the low-income housing segment, offering loans of less than ₹15 lakh. As of December 2023, the average loan size was ₹10 lakh, with an average loan-to-value ratio of 58.3%.

Aadhar Housing Finance share price (NSE: AADHARHFC) is currently trading at ₹408.75, up by ₹15.80 (4.02%) as of 11:23 AM IST on February 7. The stock opened at ₹399.00, reached a high of ₹411.25, and a low of ₹398.15. The company has a market capitalisation of ₹17.60K crore and a P/E ratio of 20.92. Its 52-week high is ₹516.80, while the 52-week low is ₹292.00.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Shantanu Naidu Joins Tata Motors as GM, Shares Emotional Post

Shantanu Naidu, the close aide and manager of the late Ratan Tata, has announced an important career move on LinkedIn. Naidu, often seen as Tata’s right-hand man in his final years, shared his excitement about joining Tata Motors in a senior position.

New Role at Tata Motors

Naidu revealed in his post, “I’m happy to share that I’m starting a new position as General Manager, Head – Strategic Initiatives at Tata Motors!”

He also shared a personal connection with the company, recalling how his father used to return home from the Tata Motors plant wearing a white shirt and navy pants. “It comes full circle now,” he wrote. Alongside the post, he shared a picture of himself with a Tata Nano, a car that represented Ratan Tata’s dream of affordable mobility in India.

A Special Bond with Ratan Tata

Naidu’s relationship with Ratan Tata was not just professional but deeply personal. Tata even mentioned Naidu in his will, showing the strong bond they shared. As per a report, Tata gave up his stake in Naidu’s startup, Goodfellows, and also waived his education loans.

Emotional Farewell to Ratan Tata

After Ratan Tata passed away on October 9, 2024, in Mumbai, Naidu shared a heartfelt tribute:

“The hole that this friendship has now left with me, I will spend the rest of my life trying to fill. Grief is the price to pay for love. Goodbye, my dear lighthouse.”

Tata, a legend in the Indian corporate world, was 86 at the time of his passing. His legacy continues through those he mentored, including Naidu.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Budget 2025: Govt Allocates ₹2,703 Crore to Boost Fisheries

The Indian government has allocated a record-high budget of ₹2,703.67 crore for the fisheries sector in 2025-26. This marks a 3.3% increase from last year’s allocation of ₹2,616.44 crore. Out of this, ₹2,465 crore has been set aside for the Pradhan Mantri Matsya Sampada Yojana (PMMSY), which is a 4.8% rise from the previous year’s ₹2,352 crore. Finance Minister Nirmala Sitharaman emphasised India’s leading position in aquaculture and seafood exports while announcing measures to strengthen the sector further.

Sustainable Fisheries Development in EEZ and High Seas

A new framework has been proposed to sustainably harness marine fisheries from India’s Exclusive Economic Zone (EEZ) and High Seas, with a special focus on Andaman & Nicobar (A&N) and Lakshadweep Islands. India’s vast EEZ of 20 lakh sq. km and its 8,118 km coastline have a marine potential of 53 lakh tonnes (as per 2018 estimates), offering significant growth opportunities. The government aims to promote deep-sea fishing and support fishers in acquiring specialised Resource-Specific Fishing Vessels.

Fisheries Development in Andaman & Nicobar Islands

The government plans to tap into the 1.48 lakh tonnes of fisheries potential in the A&N Islands, including 60,000 tonnes of tuna. Key initiatives include:

  • Development of a Tuna Cluster
  • Establishment of on-board processing and freezing facilities for tuna fishing vessels
  • Single-window clearances for deep-sea fishing vessels
  • Promotion of sea cage culture, seaweed farming, ornamental fish, and pearl cultivation

Fisheries Development in Lakshadweep Islands

The Lakshadweep Islands have a fisheries potential of 1 lakh tonnes, including 4,200 tonnes of tuna. The government has introduced a Seaweed Cluster to encourage economic growth. Initiatives include:

  • Island-wise area allocation and leasing policies
  • Support for Self-Help Groups (SHGs) led by women
  • Capacity-building programs in collaboration with ICAR and private entrepreneurs
  • Promotion of tuna fishing and ornamental fish farming

Increased Credit Access for Fishers

To improve financial inclusion in the fisheries sector, the Kisan Credit Card (KCC) lending limit has been raised from ₹3 lakh to ₹5 lakh. This will help fishers, farmers, and processors get easier access to funds for their working capital needs. The increased credit availability will support the adoption of modern techniques, benefiting rural development and economic stability.

Reduction in Import Duties for Seafood Processing

To enhance India’s competitiveness in global seafood markets, the government has reduced Basic Custom Duty (BCD) on key seafood processing inputs:

  • Frozen fish paste (Surimi): Reduced from 30% to 5% to support manufacturing of value-added seafood products like imitation crab meat sticks and shrimp analogues.
  • Fish hydrolysate: Reduced from 15% to 5%, which will lower production costs and boost profits for shrimp farmers.

India’s Growing Fisheries Sector

The Indian fisheries sector is one of the fastest-growing ‘sunrise sectors’ of the economy. According to a NITI Aayog report (2024), the sector recorded an impressive 9.08% annual growth in value between 2014-15 and 2022-23. India ranks 2nd globally in fish production with an 8% share and recorded a total fish production of 184.02 lakh tonnes in 2023-24. It also ranks 2nd in aquaculture production, with 139.07 lakh tonnes in 2023-24. Additionally, India is one of the top exporters of seafood, with total exports worth ₹60,524 crore in 2023-24.

Government’s Commitment to a Strong Fisheries Sector

With over 30 million people dependent on the fisheries sector for their livelihood, the government remains committed to its development under the vision of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas’. The new budget measures aim to further boost production, improve exports, and strengthen India’s position as a leading player in the global seafood market. The government’s vision aligns with its long-term goal of making India a developed nation (Viksit Bharat) by 2047.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Closing Bell: Sensex dipped to 78,058.16 and Nifty50 to 23,603.35 on Feb 6, 2025

On February 6, 2025, major equity indices closed in negative territory as investors waited for the RBI MPC decision expected on Friday, February 7, 2025.

The BSE Sensex fell by 213.12 points (0.27%) to close at 78,058.16. During the day, it traded between 78,551.66 and 77,843.99. The NSE Nifty50 dropped by 92.95 points (0.39%) to end at 23,603.35, with the day’s high at 23,773.55 and the low at 23,556.25.

Top Gainers and Losers

Among the Nifty50 constituents, 30 stocks closed in the red. Stocks such as Trent, Bharat Electronics, Bharti Airtel, ONGC, and Titan fell by up to 8.39%. Meanwhile, Cipla, Adani Ports, Infosys, and Dr Reddy’s Labs posted gains of up to 2.51%.

Sectoral Performance

Other indices also followed the downward trend. The Nifty Midcap100 and Nifty Smallcap100 fell by 1.26% and 0.30%, respectively. Sectoral indices on the NSE ended the day on a mixed note.

Oil Prices

As of February 06, 2025, at 03:41 PM, Brent Crude was trading at $74.84, down by 0.31%.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

VRL Logistics Share Price Soars 20% as Q3 FY25 Profit Surges 335%

VRL Logistics share price jumped 20% on February 6, 2025, despite a weak market, reaching ₹538 per share by 11:55 AM.

Financial Highlights

VRL Logistics’ Q3 FY25 financial results showed total revenue at ₹830.9 crore, a 4% quarter-on-quarter increase, and a 12% year-on-year rise. EBITDA surged to ₹172.09 crore, marking a 78% year-on-year growth.

Ebit surged to ₹107.53 crore, up 169% year-on-year and 50% quarter-on-quarter, with margins expanding to 13% from 5% year-on-year and 9% quarter-on-quarter.

Achieving cost efficiency

VRL Logistics enhanced margins through strategic freight hikes and routing optimisations, effectively reducing transhipments and limiting frequent loading and unloading.

Boosting profit margins

VRL Logistics achieved a staggering 335% year-on-year increase in net profit to ₹59.42 crore by optimising freight prices and routes and making strategic capital expenditures in Bengaluru, Mysuru, and Mangaluru.

Market Reaction

On February 6, 2025, VRL Logistics shares surged 20% on the BSE despite a generally weak market. By 11:55 AM, the stock was trading at ₹538 per share—a 15.4% increase—while the BSE Sensex dipped by 0.36%. The shares hit an intraday high of ₹559.5, with around 73,000 shares traded compared to a two-week average of 4,632 shares.

Q3 Financial Performance

For the quarter ending December 31, 2024, VRL Logistics reported a total revenue of ₹830.9 crore, which was up 4% quarter-on-quarter and 12% year-on-year. Revenue from operations reached ₹825.22 crore, reflecting a 12% year-on-year growth from ₹736.67 crore and a 3% increase from ₹799.48 crore sequentially.

EBITDA and EBIT Growth

The company’s Q3 EBITDA soared to ₹172.09 crore, marking a 78% year-on-year increase from ₹96.75 crore in Q3FY24 and a 27% rise from ₹135.53 crore sequentially. The EBITDA margin expanded to 21%, up from 13% in Q3FY24 and 17% in Q2FY25. Ebit also saw significant growth, rising 169% year-on-year and 50% sequentially to ₹107.53 crore, with margins increasing to 13% from 5% year-on-year and 9% quarter-on-quarter.

Margin Improvements and Cost Optimisation

Margins improved thanks to effective freight hikes implemented across various sectors, boosting revenue realisations. The company optimised its routes to minimise transhipment through multiple hubs, reducing the frequency of loading and unloading. Additionally, a 4% year-on-year reduction in fuel costs was achieved through bulk fuel purchases at lower prices.

VRL Logistics’ net profit for Q3 climbed dramatically to ₹59.42 crore—a 335% increase year-on-year from ₹13.65 crore, and a 66% rise sequentially from ₹35.82 crore.

Capital Expenditure

The company incurred capital expenditure of ₹276.05 crore, which included the purchase of property in key cities such as Bengaluru, Mysuru, and Mangaluru.

Industry and Market Outlook

Analysts believe that rising per-capita income will drive higher demand for logistics and transportation services. With the introduction of GST, companies are shifting towards centralised warehouses, increasing the need for efficient transportation. India’s trucking industry, which handles over 70% of the nation’s freight with around 12.5 million trucks, is expected to continue its growth trajectory.

About VRL Logistics

With over four decades of experience, VRL Logistics has grown into a major player in the logistics sector, operating across India. The company owns one of the largest fleets of commercial vehicles, setting high standards in less-than-truckload (LTL) cargo transport. As of December 2024, VRL Logistics had 6,101 owned vehicles, 1,248 branches, 50 transhipment hubs, and a customer base exceeding 0.9 million. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Triveni Engineering Soars Over 2% After Rolls-Royce MoU

On February 6, 2024, Triveni Engineering share price surged by over 2% after announcing a Memorandum of Understanding with Rolls-Royce Marine North America Inc. to collaborate on 4MW marine gas turbine generators for the Indian market.

John Shade emphasised the strategic importance of India for Rolls-Royce, highlighting their advanced marine gas turbine generators as ideal for the Indian Navy’s future fleet.

Building A Defence Powerhouse

Triveni Engineering & Industries is establishing a state-of-the-art multi-modal Defence facility to manufacture, integrate, and test naval marine equipment, bolstering its defence sector capabilities.

On Thursday, February 6, 2024, Triveni Engineering & Industries saw its shares trading actively in an otherwise weak market. The stock climbed by 4.8%, reaching an intraday high of ₹398.35 on the BSE.

MoU Announcement

The rise in share price came after the company announced that it signed an MoU with Rolls-Royce Marine North America Inc. The agreement will explore collaboration on programs for 4MW marine gas turbine generators (GTG) for Indian customers. The partnership will cover design, development, manufacturing, and full sales and support services.

Partnership Benefits

John Shade, EVP for US Business Development at Rolls-Royce Defence, noted that India is a strategic growth market and that their marine GTGs are well-suited to power the Indian Navy’s future fleet. Tarun Sawhney, Vice Chairman & Managing Director of Triveni Engineering, stated that the partnership would bring advanced technology to India’s naval defence and boost the Indigenous defence ecosystem. He also mentioned that the company is setting up a new multi-modal defence facility for manufacturing, integrating, and testing various naval equipment.

About Triveni Engineering & Industries

Triveni Engineering & Industries is a diversified conglomerate with strengths in both sugar and engineering. Its engineering division focuses on power transmission, gears, and defence, with a speciality in turbo gearbox solutions. The company serves multiple industries, such as oil and gas, sugar, and marine. 

As of February 6, 2025, its market capitalisation on the BSE was ₹8,553.44 crore, and it is part of the BSE Smallcap index.

Stock Performance

In the past 6 months, Triveni Engineering shares have provided a return of about 5% to shareholders, and roughly 10.80% over the last year. The stock’s 52-week trading range has been between ₹536 and ₹266.15. On Thursday around 11:30 AM, the shares were trading at ₹390.80, up by 2.83% from the previous close of ₹380.05, while the BSE Sensex was down by 338 points, or 0.43%, at approximately 77,932 points.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Budget 2025: Education Funding Rises but Still Lags Globally

The Union Budget 2025-26 allocated ₹1.28 trillion to the education sector, marking a 6.5% increase from the previous year. This is the lowest growth in the past four years.

Spending Comparison

Despite the rise, overall education spending remains below the NEP 2020 recommendation of 6% of GDP. For context, ₹1.20 trillion was allocated in 2024-25—a 7.14% jump from ₹1.12 trillion in 2023-24, and ₹1.04 trillion in 2022-23.

New Initiatives

This year’s budget introduced several measures to improve the quality of education. Key focus areas include artificial intelligence (AI) and the IITs. Finance Minister Sitharaman announced a boost for IITs and skill development, including plans to expand infrastructure at 5 post-2014 IITs to add 6,500 more seats. Additionally, a Centre of Excellence in AI for Education will be set up with an initial investment of ₹500 crore, and 5 National Centres of Excellence will help upskill youth with global expertise.

Challenges in Education Spending

While India has improved access to education, issues such as quality, infrastructure, and fair resource distribution persist. Education spending in India has mostly ranged between 3% and 4% of GDP over the last decade, fluctuating with economic conditions and government priorities. Increasing this spending to the target of 6% of GDP is seen as essential for long-term development.

Global Comparison

According to World Bank data for 2023, the US spent 6% of its GDP on education, and China spent slightly more at 6.13%. In contrast, India allocated only 4.6% of its GDP to education in its interim Budget for FY25. Germany spent 4.6% on primary and tertiary education (excluding R&D), and Japan invested 7.43% of its GDP in education. These figures highlight the gap between India and some major global economies.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Reliance Power Q3 FY25 Results: Profit, Debt Reduction, and Solar Win

Reliance Power share price opened at ₹41.38 on the BSE, which was more than 3% higher than the previous closing price of ₹39.89. During the trading session, the price reached an intraday high of ₹43.69, showing a gain of over 9% following the Q3 results.

Q3 FY25 Financial Highlights

In the October-December 2024 quarter, the company turned its performance around by reporting a profit of ₹41.95 crore after posting a loss of ₹1,136.75 crore in the same quarter last year. Total revenue increased to ₹2,159.44 crore from ₹1,998.79 crore, while expenses decreased to ₹2,109.56 crore compared to ₹3,167.49 crore previously. Additionally, the earnings before interest, tax, depreciation, and amortisation (EBITDA) for the quarter stood at ₹492 crore.

Debt Reduction and Net Worth

Reliance Power reported total debt servicing, including repayments due within nine months, at ₹4,217 crore. The company improved its financial position by reducing its debt-to-equity ratio from 1.61:1 at the end of FY24 to 0.86:1 by the end of Q3FY25. It now has zero debt and no defaults, and its net worth has reached ₹16,217 crore.

Key Project Highlights

The 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh was one of the top-performing plants, with a plant load factor (PLF) of 93%. The 1,200 MW Rosa Power Plant in Shahjahanpur, Uttar Pradesh, achieved an availability of approximately 97%. Additionally, Reliance NU Suntech Private Ltd, a wholly-owned subsidiary of Reliance Power, recently secured a solar battery energy storage system (BESS) project from the Solar Energy Corporation of India (SECI) for 930 MW and 1,860 MWh.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Happiest Minds Q3 FY25 Results: GenAI Push Amid 16% PAT Drop

Happiest Minds Technologies, a mid-tier IT services firm, reported a 16% year-on-year drop in its profit after tax (PAT), which fell to ₹50 crore. The decrease was mainly due to higher finance costs.

Despite the lower PAT, the company’s revenue grew by 27.5%, reaching ₹553 crore compared to the same quarter last year.

Healthy Demand Across Sectors

Joseph Anantharaju, Executive Vice Chairman and CEO of Product and Digital Engineering Services (PDES) noted strong demand from sectors such as BFSI, healthcare, consumer packaged goods (CPG), and manufacturing. He also mentioned that even larger IT services companies are beginning to see improvements after a prolonged downturn.

Strategy and Future Plans

Happiest Minds emphasises its focus on delivering high-quality digital services. The company is working on increasing its net new growth opportunities and expanding its large customer base. It is also diversifying its revenue through recent acquisitions, which help spread its business across different regions and industries.

New GenAI Initiatives

Looking ahead, the firm plans to establish a GenAI business unit, organise its operations into 6 industry-specific groups, and appoint a Chief Growth Officer. Executive Chairman Ashok Soota mentioned that the company aims to integrate generative AI features into its products and services, providing a competitive edge. Currently, Happiest Minds has generated revenue of $3 million from GenAI projects and has about 15 projects in the proof-of-concept stage, which are expected to result in significant orders in the next financial year.

About Happiest Minds Technologies

The company provides intellectual property and specialised expertise in Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing, and Consulting. It concentrates on Security, M2M, and Mobility solutions in the solutions arena. Additionally, the company is an authorised partner of leading global IT firms, helping to deploy their services and develop custom solutions.

On 6 February at 11:02 AM, Happiest Minds Technologies share price  (NSE: HAPPSTMNDS) was trading at ₹688.75, down by ₹11.35 (1.62%). The stock opened at ₹701.00, reached a high of ₹707.05, and dropped to a low of ₹686.40.  The company has a market capitalisation of ₹10.32K Cr, a P/E ratio of 44.64, and a dividend yield of 0.83%, with its 52-week high at ₹956.00 and the 52-week low at ₹665.50.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Sula Vineyards Share Price Tumble Over 3% as Profit Falls 35% YoY in Q3 FY25 Results

Sula Vineyards, India’s largest winemaker, reported a 35% drop in net profit for Q3. The profit fell to ₹28.06 crore compared to ₹42.98 crore in the same quarter last year.

Urban Market Impact

About 90% of Sula’s revenue comes from urban areas. However, urban consumption reached a two-year low in November due to high food inflation, slow wage growth, and unpredictable weather. This resulted in consumers cutting back on extra spending.

Sales Performance

  • Own Brands: Revenue from Sula’s own brands, which make up around 90% of total revenue, grew only slightly by 1%.
  • Wine Tourism: The smaller wine tourism segment saw a 12% increase in revenue.

Revenue and Expenses

Total revenue dropped slightly by 0.4%, while total expenses increased by about 11.4% compared to the previous year. The core profit margin also shrank from 33.5% to 24.8%.

Sales were further affected by-elections in Maharashtra, one of Sula’s key markets.

About Sula Vineyards Limited

Incorporated in 2003, Sula Vineyards Limited has grown to become India’s largest wine producer and distributor as of March 31, 2022. The company offers a range of popular wines under several brands—including “RASA,” “Dindori,” “The Source,” “Satori,” “Madera,” and “Dia”—with its flagship label “Sula” recognised as the pioneer of the wine category in India.

On 6 February at 10:41 AM IST, Sula Vineyards share price was trading at ₹350.65, down by ₹14.05 (3.85%) from its opening price of ₹355.25, with the day’s high at ₹355.25 and the low at ₹347.50.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.