BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Supported by strong user-industry demand and better utilisation, Neogen Chemicals Ltd.'s Q2 revenue and Ebitda grew respectively 6% and 5% YoY.
We are positive on the long-term outlook for the company and expect revenue/Ebitda/ profit after tax to clock 32%/34%/49% compound annual growth rates over FY21-23, driven by coming expansions, rising demand for pharma and agro intermediates and focus on value-added products.
Further, the company entered into long-term contracts, providing future revenue assurance.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
