Nippon India ETF Bank BEES Share Price

Moody's Ratings, in a global report on geopolitical risks, has said that India and other major oil-importing nations (China, Japan and South Korea) are likely to pursue bilateral negotiations with Iran to secure energy supplies, potentially through coordinated transit corridors. However, it cautioned that a return to pre-war traffic volumes is doubtful in 2026. It noted that there is little prospect of a swift and lasting resolution between the US and Iran, and consequently, of the full reopening of the Strait of Hormuz. It said transit flows are likely to improve gradually, but through bilateral channels rather than a general reopening. This could lead to a modest increase in energy transit flows from the current near-zero levels, although the recovery process is likely to remain slow, opaque and vulnerable to disruptions.

It said even if safe passage in the Strait were to resume in the next six months, the oil market would remain supply-constrained, with persistently higher and more volatile energy prices and broader knock-on effects through costs, demand and financing conditions for exposed borrowers. In its May 12 report Moody's had noted that it expects Brent crude in the $90-110/bbl range for much of this year, with significant volatility, including occasional fluctuations outside this range in response to new developments. At sustained Brent prices of $90-110/bbl, Moody's estimates real GDP growth reductions of 0.2-0.8 percentage point for several major economies.

It said ‘India is among the most exposed, given around 46% of its crude oil imports come from the Middle East, its sensitivity to currency depreciation and pressure on its current account and fiscal management’. In its May Global Macro outlook, Moody's slashed India's GDP growth estimate for 2026 calendar year by 0.8 percentage points to 6 per cent. It expects inflation in India to average 4.5 per cent in 2026, up 1 percentage point from its earlier estimate. Further, it warned that persistently higher energy prices and scarcity of energy products will feed into headline and core inflation.

The sales surged to Rs. 2259.06 millions, up 42.40% for the March 2026 quarter as against Rs. 1586.38 millions during the corresponding quarter previous year.Profit after tax for the quarter ended March 2026 reported a huge growth of 64.01% to Rs. 190.53  millions from Rs. 116.17 millions.The company reported a good operating profit of 307.03 millions compared to 166.44 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202603	202503	% Var	202603	202503	% Var	202603	202503	% Var
Sales	2259.06	1586.38	42.40	8318.67	5382.22	54.56	8318.67	5382.22	54.56
Other Income	17.09	22.40	-23.71	40.52	42.85	-5.44	40.52	42.85	-5.44
PBIDT	307.03	166.44	84.47	1086.43	566.97	91.62	1086.43	566.97	91.62
Interest	39.94	6.24	540.06	95.95	19.14	401.31	95.95	19.14	401.31
PBDT	267.09	160.20	66.72	990.48	547.83	80.80	990.48	547.83	80.80
Depreciation	10.14	4.30	135.81	37.30	14.10	164.54	37.30	14.10	164.54
PBT	256.95	155.90	64.82	953.18	533.73	78.59	953.18	533.73	78.59
TAX	66.42	39.73	67.18	244.90	133.22	83.83	244.90	133.22	83.83
Deferred Tax	10.83	2.41	349.38	10.45	3.30	216.67	10.45	3.30	216.67
PAT	190.53	116.17	64.01	708.28	400.51	76.84	708.28	400.51	76.84
Equity	213.61	213.61	0.00	213.61	213.61	0.00	213.61	213.61	0.00
PBIDTM(%)	13.59	10.49	29.54	13.06	10.53	23.98	13.06	10.53	23.98

The company witnessed a 7.68% growth in the revenue at Rs. 3056.92 millions for the quarter ended March 2026 as compared to Rs. 2838.87 millions during the year-ago period.The Net Loss for the quarter ended March 2026 is Rs. -1.49 millions as compared to Net Profit of Rs. 546.39 millions of corresponding quarter ended March 2025Operating Profit reported a sharp decline to 591.00 millions from 620.98 millions in the corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202603	202503	% Var	202603	202503	% Var	202603	202503	% Var
Sales	3056.92	2838.87	7.68	11434.95	11548.02	-0.98	11434.95	11548.02	-0.98
Other Income	28.72	98.83	-70.94	502.53	284.64	76.55	502.53	284.64	76.55
PBIDT	591.00	620.98	-4.83	2804.98	2690.89	4.24	2804.98	2690.89	4.24
Interest	3.57	11.32	-68.46	14.43	23.79	-39.34	14.43	23.79	-39.34
PBDT	95.48	609.66	-84.34	2274.14	2481.10	-8.34	2274.14	2481.10	-8.34
Depreciation	93.78	116.39	-19.43	371.25	404.20	-8.15	371.25	404.20	-8.15
PBT	1.70	493.27	-99.66	1902.89	2076.90	-8.38	1902.89	2076.90	-8.38
TAX	3.19	-53.12	-106.01	491.91	336.93	46.00	491.91	336.93	46.00
Deferred Tax	95.29	1.64	5710.37	139.09	-22.23	-725.69	139.09	-22.23	-725.69
PAT	-1.49	546.39	-100.27	1410.98	1739.97	-18.91	1410.98	1739.97	-18.91
Equity	272.33	272.33	0.00	272.33	272.33	0.00	272.33	272.33	0.00
PBIDTM(%)	19.33	21.87	-11.62	24.53	23.30	5.27	24.53	23.30	5.27

The company witnessed a 23.24% growth in the revenue at Rs. 1326.65 millions for the quarter ended March 2026 as compared to Rs. 1076.48 millions during the year-ago period.Net Profit witnessed a 724.02% growth almost the double from Rs. 10.95 millions to Rs. 90.23  millions  of same quarter last year.The company reported a good operating profit of 261.66 millions compared to 91.98 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202603	202503	% Var	202603	202503	% Var	202603	202503	% Var
Sales	1326.65	1076.48	23.24	4962.96	3664.15	35.45	4962.96	3664.15	35.45
Other Income	-3.69	12.95	-128.49	35.28	35.61	-0.93	35.28	35.61	-0.93
PBIDT	261.66	91.98	184.47	928.58	294.05	215.79	928.58	294.05	215.79
Interest	14.38	3.88	270.62	28.51	12.90	121.01	28.51	12.90	121.01
PBDT	247.28	88.10	180.68	900.07	281.15	220.14	900.07	281.15	220.14
Depreciation	97.53	72.56	34.41	368.42	276.54	33.22	368.42	276.54	33.22
PBT	149.75	15.54	863.64	531.65	4.61	11432.54	531.65	4.61	11432.54
TAX	59.52	4.59	1196.73	140.83	1.34	10409.70	140.83	1.34	10409.70
Deferred Tax	33.82	4.73	615.01	40.16	1.32	2942.42	40.16	1.32	2942.42
PAT	90.23	10.95	724.02	390.82	3.27	11851.68	390.82	3.27	11851.68
Equity	233.92	233.92	0.00	233.92	233.92	0.00	233.92	233.92	0.00
PBIDTM(%)	19.72	8.54	130.83	18.71	8.03	133.15	18.71	8.03	133.15