Top Conviction Ideas: Trent, Prestige Estates Projects among 10 stocks to buy post Q4 results – Stocks to Buy

After a detailed review of Q4FY25 results and forward guidance, Axis Securities reaffirms its ‘Buy’ recommendations on select high-conviction stocks with strong growth prospects and solid fundamentals. Notably, stocks like Trent and Prestige Estates Projects could see gains of up to 42% in the near term following the Q4 results. Here’s the list:

The company is expected to maintain strong growth momentum through the BevCo acquisition, expanding its presence in South Africa and DRC. It is also growing its snacks portfolio in Zimbabwe and Zambia. Continued rural distribution push, new facilities, and scaling up Sting, dairy, and juice segments are expected to boost long-term growth.

The company has been executing strategic initiatives expected to drive growth, including managing end-to-end operations and setting up a 44-acre greenfield facility. It is expanding from pencils to pens, bags, toys, and diapers. DOMS aims to grow its distribution from 1.35 Lc to ~3-3.5 Lc outlets, especially in underpenetrated regions. Its partnership with FILA supports global expansion and R&D.

We expect strong sales growth to continue, supported by Trent’s aggressive store expansion and assortment renewal. Improved earnings across formats, reduced Star Bazaar losses, and traction at the Inditex JV are also positive signs.

Trent’s focus on private labels in the Star business is proving effective and is expected to drive growth. Its UAE expansion, Zudio Beauty launch, and entry into the LGD jewellery segment should support long-term performance.

NTPC aims to reach 60 GW of renewable energy capacity by 2032. As of now, it has 6.8 GW installed, 14.6 GW under construction, and 9 GW in the pipeline, mostly through NGEL.

In FY25, NGEL added only 854 MW organically but gained 2,123 MW via its JV with ONGPL. It now plans to add ~6.5 GW in FY26 and 8 GW annually from FY27, with land and connectivity secured for 6 GW.

JSW now targets 30 GW of generation and 40 GWh of energy storage capacity by FY30, up from 20 GW earlier. Its locked-in capacity stands at 30.2 GW.

Under Strategy 3.0, the company aims for an FY30 EBITDA run rate of 2.7-3.0x FY25 levels, with a capex of Rs 1.3 lakh crore planned for FY26–FY30, maintaining Net/EBITDA near ~5.0x.

Skipper received new orders worth Rs 1,592 cr in Q4FY25, including from PGCIL and SEBs. As of March 2025, its order book reached a record Rs 7,458 Cr.

The order book consists of 71% domestic T&D, 17% non-T&D (Telecom, Railways, Solar, Water EPC, Steel items), and 12% export T&D orders. The company has a strong pipeline of over Rs 20,000 Cr, with a 25% historical order conversion rate.

The company reported occupancy of around 90% in office segments and 99% in retail. EBITDA margins were 79%, boosting annuity EBITDA to Rs 5,932 Cr in FY25. Exit rentals stood at Rs 5,230 Cr for commercial and Rs 2,185 Cr for retail. The upcoming pipeline includes 8 Mn sq. ft. commercial and 10 Mn sq. ft. retail space. Annuity capex increased to Rs 13,460 Cr from Rs 12,800 Cr, with exit rentals expected to rise to Rs 44,000 Cr by FY29E.

In FY25, the company launched five projects with a GDV of Rs 13,800 Cr. For FY26, it plans GDV launches worth Rs 17,000 Cr, a 23% growth, with Rs 10,000-11,000 Cr expected in H1FY26. SGIL will launch phase 2 of Titanium in Sector 71 and Deluxe-DXP in Sector 37D. The company spent Rs 1,060 Cr on business development and acquired about 8 Mn sqft. with a GDV of Rs 12,500 Cr. Signature remains focused on key micro markets like SPR, Dwarka Expressway, and Sohna Corridor.

Arvind has shown a strong sales trajectory historically. In FY25, Arvind Aqua City and The Park, Devanhalli achieved nearly 100% sales on launch, contributing Rs 675 Cr and Rs 180 Cr respectively. The Forest Trails project also performed well in Q4FY25, with sales of Rs 164 Cr. About 22% of Arvind’s sales come from referral bookings, reflecting strong momentum in its urban lifestyle projects.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)