Face to Face
weekly
Fortis Healthcare
Expects 20-25% growth
in topline for FY’09
McNally Bharat Engineering Company
Expects a sales of Rs
1000 crore in FY ‘09
Tata Chemicals
Excess production in
China could soften the Soda Ash prices going forward
R Systems International
Volume impact in near
term
Reliance Communications
GSM operations to
start by Q3 FY09
Union Bank of India
Expect the strong growth
momentum to continue in the 2nd half of FY’09
Mahindra & Mahindra
Expects raw material cost
reduction owing to current commodity price decline
Carborundum Universal
Abrasive demand from auto
sector slows down
AllCargo Global Logistics
Expansion plans in equipment
business is over
Jyoti Structures
Order pipeline
visibility is strong
KCP Sugar & Industries
Cane crushing to decline by
20% in SY 2008-09
Tata Power Company
Plans to add 10,000 MW power
capacities in the next 5 years
Bayer CropScience
Thane land-bank (108
hectares) valued at Rs 650 crore
Savita Chemicals
The company expects
base oil prices to cool off from the second half of 2008-09
Infotech Enterprises
Hi-tech vertical to
grow 3 folds in next 2 years
Wyeth
Expects to grow in
line with the Industry
Modern India
Turnover to be Rs 220
crore, PBT of Rs 18-20 crore and PAT of Rs 14.5 crore in FY’10
Bombay Dyeing
Developing 4 million
sq. ft. of land
Neyveli Lignite Corporation
Lignite production
down 7%, power generation (net) down 19% in Apr-July 2008 period
Larsen & Toubro
Expects a top-line
growth of 30% during the current fiscal
Tata Steel
Synergies of US$ 450
million are expected to be achieved by 2010
Tamil Nadu Newsprint & Papers
Development of IT Park
under BOOT to be given a rethought
Punjab Chemicals and Crop protection
“Planning to mobilize around
Rs 125 crore through global depository receipts (GDRs) in the next six
months to fund future growth plans”
Sundaram Fasteners
Approval of 7 patents
Adhunik Metaliks
100% subsidiary Orissa
Manganese and Minerals proposes to raise Rs 250-300 crore from a public
issue
Tata Teleservices (Maharashtra)
Capex of Rs 850 crore (excl.
GSM)
MM Forgings
Capex of Rs 60-65 crore for
FY09
Hotel Leela ventures
Plans to invest US$
500 million in the next 3 years
Indian Hotels
Capex of Rs 2100 crore
over next three years
Numeric Power Systems
Revenue growth rate
for FY’09 will be 11-12%
Wheels India
Expects to maintain
export growth of earthmover wheel
Voltas
Acquires 51% stake in
Rohini Industrial Electricals
DCM Sriram Consolidated
Fenesta building
systems to become profitable at an operating level in FY 09
Temptation Foods
Good growth shown on
the back of marine business
Easun Reyrolle
In 2008-09 and
onwards, the company expects steady growth in Protection business but
sizable growth in turnkey project
Dishman Pharmaceuticals and Chemicals
Projects 25%-26%
growth in bottom line for FY08-09
Adlabs Films
To benefit from
Reliance ADAG’s investment in Media and Entertainment Industry
Sunil Hitech Engineers
The company is
confident of 100% topline growth in FY’09
Cambridge Technology Enterprises
Confident of
sustaining EBITDA margins around 18%
Simbhaoli Sugars
Expecting 6-7% lower
sugar production in coming season
Akruti City
Construction capital
expenditure of Rs 900 crore for FY 2009
Triveni Engineering & Industries
Sitting on huge
inventory with increasing sugar prices
UTV Software Communications
Broadcasting segment
to be operational from Q2FY09
Cosmo Films
Pricing pressure seen
in future
Parsvnath Developers
On schedule to launch 7-8
projects in next 2 months
Entertainment Network (India)
Radio business margins
targeted at about 30% for FY09
HT Media
Defer Hindi business
de-merger
Firstsource Solutions
Maintains guidance of 33-38%
growth in US$ terms
Jindal Saw
Additional 200,000 MTPA of L
SAW and 350,000 MTPA of H SAW facilities are slated to start trial runs
in 2008
R Systems International
Rs 300 crore revenues
targeted for FY08
Northgate Technologies
India & China to
contribute 17-18% of total revenues for FY09
Jet Airways
Fare increases going forward
JSW Steel
Management targets market
share to be around 17% by FY 2020
Goa Carbon
Expects top line of Rs 550
crore and bottom line of Rs 80 crore for FY09
Allied Digital
Looking for more inorganic
growth
Yes Bank
To go slow on lending amid
rising delinquencies
Moser Baer (India)
PV business run-rate to
increase to 350million
Glenmark Pharmaceuticals
Expects sales of USD 15
million from acquired 7 Brands in FY’09
Maharashtra Seamless
Order book position over Rs
550 crore
Areva T&D
The company maintains its
guidance for doubling the sales by 2010 on base of 2007 sales
Tulip Telecom
Expects 30:70 revenue mix
between network integration and data connectivity & others
GlaxoSmithkline Consumer Healthcare
In next 3 years the
company is looking at doubling its revenue
Godawari Power and Ispat
Targets to maintain an EBIDTA
margin of around 18.5-20% for the FY’09
Balkrishna Industries
Targeted volume for the FY’09
is around 90000 tonnes
MIC Electronics
Order book at Rs 400 crore
Jyoti Structures
Looking at 30-35% growth in
sales for current fiscal
Cairn India
Rajasthan upstream
development on track for first commercial production H2 2009
Sterlite Industries
Expects all metals’
production to improve in FY09
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