Dalelorenzo's GDI Blog

Companies ensure safe office environment for staff

When I got back to work this January after the lockdown, it felt like I was coming into a new metropoli, an unknown place, ” says Riya Dalvi, a major general manager at Mahindra& Mahindra.The first few weeks felt so strange, she says, as parties wouldn’t even come close to each other. Everyone was conscious of following Covid-appropriate behaviour. The companionship too promoted these practices. “Masks are mandatory, desks are preserved apart and there are depots with entrust sanitisers throughout the office, ” Dalvi says. “The first few weeks were a struggle.” But soon everyone became comfy with the brand-new etiquettes and procedures.It is such rules that will deter hires safe as they return to work in a post-Covid era. As peers reunite after nearly a year and exchange lockdown storeys, companionships that are opening up are taking strict measures to ensure the novel coronavirus stays outside the assertions. Organisations restrict access to one enter in power houses to ensure temperature checks. Inside, obstacles separate cubicles, the capacity in conference rooms is limited and showers have touchless structures. There are signs everywhere prompting people to always wear masks.“People can’t enter our agency unless they wear a mask, ” says Nivedita Aggarwal, vice-president, retail forex concoctions, Axis Bank. “Work desks is less than six paws apart, entrances are automated so that we don’t need to touch them. I meditate the office is as sanitised as your own home now.”Employers are trying hard to give employees a sense of comfort to encourage them to return to work. “If they hadn’t acquired it safe, I certainly has not been able to have come back to office, ” says Rahul Yadav, brand overseer at Marico. Like countless workers, he missed face-to-face contact with colleagues, despite the risks. But Marico’s hybrid working format divulges the WFH monotony, he says. “WFH eliminates the daily commute and I get an extra hour to pursue my interests. It also improves my productivity. Our rotational agency roster lets me come to the office and satisfy my friends at work in person, in environmental issues that I know is safe.”Like Yadav, Malvika Arora, a overseer at PhonePe, also says coming to office has been a break from the monotony of WFH days of the week. The digital pouch scaffold expects employees to come to the office two-three days a few weeks. “I miss the earlier daytimes of a flooring full of colleagues and going out in person to meet business partners and team members instead of virtual powwows. The feeling of camaraderie remains the same, thankfully, and motivates us us to adapt to this new ordinary, ” says Arora.Tech Mahindra’s Noida office reopened their entrances to some works about nine months back. Esha Bhatia, the EA to Tech Mahindra’s Global CPO& Head of Marketing, says, “A lot has changed from the pre-Covid period. The entire department is amply geared up with all security, hygiene and security measures to curtail the spread of the virus. All vehicles, knapsack and laptop enrolling the campus is sanitised. Social distancing norms are strictly enforced. Carefree sharing of tiffin and excavating into each other’s banquets is so strict no, ” says Bhatia.The pandemic has also conducted bureau decorators to rethink the acces workspaces are made. They have to balance social distancing needs with the need to have an ambience that creates role camaraderie. So while business gradually started opening offices with limited appearance after the lockdown restraints were elevated, numerous conglomerates put up plexiglass parts and translucent glass dividers to keep parties at a safe interval from each other. Parts of the future will have a more open and collaborative structure, says bureau intend experts.“There were many quick-fix mixtures last year, ” says Titir Dey, layout lead at Space Matrix, one of the leading workplace decorators. “But as we talk to clients now, we realise they are not looking at partition-based bureaux. Beings want to go back to an open agency and collaborative environment.” 8172707 1Instead, the focus is on use of technology to create a touchless environment and use of a lot of movable and adaptable furniture and adjustable privacy screens, instead of specified partitions. Emphasis is on the use of touch-free sensorfitted light-headed permutations, sanitiser husks, automatic openings, sensor-based flush, sounds and automated soap dispensers in washrooms.“The primary conclude for parties coming to office is to work together, fulfill beings and procreate something together. Creating silos in department layout is not the answer. People are already getting that isolation at home, ” says Dey.There will be a mix of plexiglass or other types of non-porous dividers as well as open workspaces with suitable length between tables. “The future office will see different demarcation of all categories of regions depending on the nature of work. Much of the plexiglass dividers may go away while the flexibility of selections with reconfigurable furniture "il be there", ” she lends. Even cafeterias will have apportions to keep people at safe lengths from each other.The question everyone is trying to answer is how to bring in separators for safety that will likewise ensure better and healthy collaboration.Amber Alam, superintendent of hire assistance programmes and wellness services, Asia Pacific, Optum, speaks with Rica Bhattacharyya on possible measures that organisations can take to reduce the apprehension of beings returning to offices.How is returning to the office impacting employees? Return to work( RTW) has mingled sensations. While few are euphoric, because of a break-dance from being shut in, others are apprehensive. But social lonelines has made a toll.Will RTW help in improving the mental well-being of professionals? Personal relationships had been badly affected during WFH due to extended time together and the lack of personal cavity. RTW is a necessity for such beings. It will help in improving the mental state of people, as social interaction is the best mood elevator. It will likewise contribute a platform for them to vent their concerns as colleagues are good social supporters.The impact on the mental health of parties is run and is directly proportional to their experience. Those who have gone through bitter knowledge of going Covid, losing jobs and loved ones are still going through panic and it may lead to post-traumatic stress disorder.How can organisations provide support? One of the ways to address the apprehensiveness of RTW is to build the safety measures conspicuous. Seeing is belief and hence visibility of the measures would bring ease to people’s fear.Providing professional mental health support to employees, regular communications and an open and authentic source of information would help alleviate stress.

Read more: economictimes.indiatimes.com


6 turnaround stocks worth betting on

While a few areas like IT, pharmaceuticals and telecom , among others, expanded during the Covid-1 9 generated lockdowns, most other sectors "re not" so lucky. However, reform and opening up of the economy has helped these to make a comeback and the third quarter numbers of several companionships are proof of that. “The aggregate third-quarter crowds were good because the recovery in many sectors were much better than the street hopes, ” says Sonam Udasi, Senior Fund Manager, Tata Mutual Fund.Experts feel that this positive trend will continue in the coming parts and the lower locate in 2021 -- the y-o-y growth will inspect exaggerated--is just one of the factors. “Profitability in the fourth quarter will be better because the economy would have opened up more during the January-March period. Due to increased auctions, traders are now ready to hold inventory and this is working in favour of creators in 2021 -2 2. Improvement in stock expenditures should help companies from that segment, ” says Kishor P. Ostwal, Chairman and MD, CNI Research.The faster recovery in impacted areas has been translated into various of these turning around in the third quarter. For example, infrastructure actors are benefitting due to increased government spending. Real estate players, particularly those with business in Maharashtra, are also witnessing increased marketings on the back of stamp duty reduction. There is pick up in automobile ancillaries because of the pick up in automobile marketings. While Covid related corporations benefitted earlier, other healthcare providers are catching up now. Some business from areas like textiles, jewelleries, etc are also in the turnaround list.Are these turnarounds really a blip or will these be sustainable in the coming quarters as well? Professionals continue to be positive on the construction space. “The construction space is expected to do well due to increased government spending in 2021 -2 2. Reduction of pay by some of these companies is another positive factor, ” says Udasi. Continued foreign inflow of stores, especially through Reits and InvITs, is the main factor that is helping some of these companies to reduce debt. Reduction in corporate tariff is helping companies to report increased revenues and some of them are using this higher profit to pay off debt and this, in turn, will increase profit in coming quarters by reducing interest expenses. While turnaround is good, some of the bars have already reacted to this news and share tolls have already gone up. Therefore, the next step is to make sure that this is not yet fully priced in. For that, we compared the current prices of stocks with the consensus target toll and shortlisted only the ones that have sufficient potential upside. The following firms are sorted on the basis of potential upsides. 8112206 6RaymondRaymond was able to report a consolidated net profit of Rs 21.7 crore during the third quarter, is comparable to a net loss of Rs 133 crore during the second quarter. More importantly, all business segments have shown signs of improvement in the third quarter and have reported positive earnings before interest, imposition, depreciation and amortisation( Ebitda ). For example, its branded textile business has already reached 70% of pre-covid positions. Stamp duty reduction by the Maharashtra government has come as a boon for participates like Raymond, which entered the real estate business recently. This helped Raymond to propel two more towers in its Thane project and garner 179 brand-new reserves during the third quarter. ! function () "use strict"; window.addEventListener( "message" ,( purpose( a ) if( vacant 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ]) document.querySelector( "iframe[ src *= '"+ e+ "'] " ); t &&( t.style.height= a.data[ "datawrapper-height" ][ e ]+ "px" )))(); Stringent cost reduction measures adopted by Raymond during the turmoil helped it to improve margins. The reduction in working net capital cycle has helped Raymond to reduce its net pay as well. Commentators believe that things will improve further during the coming parts. “We expect Raymond to improve its overall monetary health aided by recovery in auctions and perimeters. Its receipt is gradually recovering to the pre-covid heights and further improvement will be translated into higher perimeters owing to operational leverage, ” says a recent LKP Research report.JMC Projects( India) JMC Projects was able to report third-quarter income raise of 15% y-o-y and 32% q-o-q and its quarterly incomes hit a brand-new top. JMC was also able to bag prescribes value Rs 1,050 crore in the third quarter. “The order book of JMC Programme is around 4.3 meters its last-place 12 month incomes. If one lends the prescribes received after the third quarter and L1 positions, receipt possible jumps to 4.8 eras and this appeases the concerns seeing sustainable growth in the medium term and beyond, ” says a recent Anand Rathi report. ! gathering () "use strict"; window.addEventListener( "message" ,( function( a ) if( vacant 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ])))(); JMC, the subsidiary of Kalpataru Power, was also able to get back to light-green in the third quarter of 2020 -2 1, after remaining in the red in the previous three districts. The obligation reduction exercising continues and JMC has increased its consolidated net obligation from to Rs 1,530 crore in December from Rs 1,672 crore in September, principally because of client receipts and tightening the working capital cycle further. The government’s efforts to attract more foreign inflows into infrastructure through InvITs should help companies like JMC and any success on this front will support its monetisation efforts and improve cash flows.IRB Infrastructure DevelopersIRB Infrastructure Developers is another company from the road space that has offset smart-alecky convalescence during the third quarter and hit the street’s possibilities. Improvement in toll accumulations -- up by 32% q-o-q -- due to increased road traffic after the unlocking of the economy and jump in EPC executions--up by 42% q-o-q--because of normalisation of labour and supply bonds helped IRB to achieve this feat. ! capacity () "use strict"; window.addEventListener( "message" ,( gathering( a ) if( vacant 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ]) document.querySelector( "iframe[ src *= '"+ e+ "'] " ); t &&( t.style.height= a.data[ "datawrapper-height" ][ e ]+ "px" )))(); For speciman, the Mumbai-Pune expressway toll collection pranced by 42% q-o-q during the third quarter and spanned the previous heyday collect achieved during the third quarter of 2019-20. IRB’s third part net profit of Rs 69.48 crore was able to wipe out the losses of two previous quarters--of Rs 19.66 crore and Rs 30.14 crore respectively. Despite this stellar rendition, IRB is still quality reasonably. “In the third quarter, IRB beat our revenue and net profit reckons by 15% and 37% respectively. We maintain buy on IRB, given attractive valuation and comfy liquidity posture, ” says a recent HDFC Sec report. ITD Cementation IndiaITD Cementation was able to bounce back faster due to its prevailing outlook in the metropolitan infra infinite and MNC parentage. For instance, its third quarter revenue grew by 12% y-oy and 43% q-o-q. It also surprised at the market net profit level because of higher profits from its seam bet campaigns. For speciman, it was able to report a consolidated net profit of Rs 30 crore in the third quarter, is comparable to a net loss of Rs 49.75 crore during the second quarter and Rs 10.60 crore earning during the third quarter of 2019-20. ! run () "use strict"; window.addEventListener( "message" ,( function( a ) if( void 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ]) document.querySelector( "iframe[ src *= '"+ e+ "'] " ); t &&( t.style.height= a.data[ "datawrapper-height" ][ e ]+ "px" )))(); ITD is expected to report better outcomes in coming years. “We expect execution momentum of ITD Cementation to remain strong going ahead due to health and diversified line-up record, robust bid grapevine and overall strong infra push in the economy, ” says a Prabhudas Lilladher report. ITD’s large order book, targeted above Rs 12,000 crore and around 4.8 hours its historic incomes, yields clear visibility in coming years. ITD also has strong execution capabilities and was able to solve the setbacks in Kolkata and Bangalore metro projections. It can also boast of a strong balance sheet and low-pitched leveraging. Its pay rate is exclusively 0.5 times.Aditya Birla Fashion& RetailAditya Birla Fashion& Retail's third-quarter receipts went down by 20% y-o-y, but recovery was discernible compared to the second quarter -- up by more than 100%, triggered principally by wed and gala season necessitates. The management’s focus on cost control and lower discount facilitated AB Fashion to keep its gross margins at these levels. ! run () "use strict"; window.addEventListener( "message" ,( operate( a ) if( vacant 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ]) var t =d ocument.getElementById( "datawrapper-chart-"+ e )))(); Its indebtednes reduction approach -- through asset dose and more efficient working capital management, is also yielding fruit. For speciman, this indebtednes reduction has helped AB Fashion to bring down its finance payment by 28% q-o-q in the third quarter and should help AB Fashion to bring it down further in coming years. “Controlled working capital cycle, convalescence in profitability and steady free cash flow contemporary would result in debt/ Ebitda fraction waning to 0.6 periods by 2022 -2 3 is comparable to six eras in 2019 -2 0, ” says a recent ICICI Direct report.Narayana HrudayalayaWhile Covid meant added revenues for some segments of the pharmaceutical industry, it was negative for hospices, especially those that were concentrating on other ailments. Nonetheless, they are catching up now and coming back to colors. For speciman, Narayana Hrudayalaya was able to report a net profit of Rs 40.8 crore during the third quarter, is comparable to a loss of Rs 3.42 crore during the second quarter and net profit of Rs 31.38 crore reported during the third quarter of last year. Substantial improvement in operational performance, despite Covid-related challenges, helped Narayana to achieve this feat. To keep its balance sheet health, Narayana is following the' asset right model’. ! affair () "use strict"; window.addEventListener( "message" ,( operate( a ) if( vacant 0 !== a.data[ "datawrapper-height" ]) for( var e in a.data[ "datawrapper-height" ]) document.querySelector( "iframe[ src *= '"+ e+ "'] " ); t &&( t.style.height= a.data[ "datawrapper-height" ][ e ]+ "px" )))(); While Narayana owns some hospitals, others are partnerships -- Narayana only takes care of hospital management, medical rig, etc and the investments in land, construct, etc are done by partners. “Due to Narayana Hrudayalaya’s focus on balance sheet and likely improvement in average realisation per operating bed by optimising speciman assortment, we expect an improvement in return on capital filled( ROCE) to 16.9% in 2022 -2 3 from 11% in 2019 -2 0”, says a recent ICICI Direct report.Note: Price and target price as on 16 Feb. Source: ETIG Database and Bloomberg( Graphics by Sadhana Saxena/ ET Prime)

Read more: economictimes.indiatimes.com