PPT-Equity Research 20 July 2015

Disruptive Mobility AV Deployment Risks and Possibilities US Autos amp Auto Parts Brian A Johnson 1 212 526 5627 brianajohnsonbarclayscom BCI US Barclays Capital Inc andor one of its affiliates does and seeks to do business with companies covered in its research reports As a result investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. February 12, 2015 Result Update Jaiprakash Associates (JAL) reported 18.3% YoY decline in revenues at | 2583.4 crore (lower than our estimate: | 2959.1 crore). This was due to muted 3.0% YoY growth i JULY 2015 JULY 2015 One Caregiver’s StoryMarta, age 53, is married and the mother of two children in college away from home. She also works at a demanding, full-time job as an information technol February 4, 2015 Result Update Higher margin outstrips subdued sales growth Revenues grew 5.2% to | 3177.6 crore, in line with I-direct estimate of | 3130 crore. US sales (45% of net sales) grew just April 30, 2015 Management Meet Note Quality play in farm mechanisation... We recently met R Thiyagarajan, Executive Vice President & Chief Financial Officer of VST Tillers Tractors (VST), to get an i JULY 2015 JULY 2015 One Caregiver’s StoryMarta, age 53, is married and the mother of two children in college away from home. She also works at a demanding, full-time job as an information technol June 17, 2015 Management Meet Note We recently met the management of Alembic Pharmaceuticals (APL) to understand the business model of the company. Tracing its roots way back to 1907, the company has September 7, 2015 Management Meet Note We met the management of Eros International to get a deeper insight into the growth triggers that would favour the company in coming years. Eros, producer/distr February 13, 2015 Result Update Escorts reported revenues of ~| 1046 crore vs. our estimate of ~| 1104 crore (YoY decline of ~11%) owing to ~16% YoY decline in tractor volumes (~16,053 units) EBITDA March 13, 2015 Business specific Delay in revival of capex cycle/industrial activity: Pitti Sector Thematic India commands ~2.4% of the global geographic area and has access to ~4% of the total water reserves for supporting a mammoth ~18% of the total global population and ~15% of the tota May 11, 2015 Management Meet Note BKC project the trump card TK Sundari Ravindran. Achutha Menon Centre for . Health Science Studies,. Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum . Objectives. At the end of the session, participants will. 1 2015 Nordics Joel Savary. Thomas Tso . OMB, Office of Federal Financial Management. Grants Innovation Exchange Series. RFI Process and Comments. RFI Process and Comments. OMB published an RFI on “Methods and Leading Practices for Advancing Equity and Support...