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.
Dolat Capital Report
Bajaj Consumer Care Ltd.'s Q4 FY21 revenue and Ebitda exceeded our estimate.
Revenue growth was supported by new product launches, price hikes and favorable base.
During Q4 FY21, general trade grew 40%, alternate channels increased 61% year-on-year.
Modern trade witnessed good traction led by consumer and trade promotions. Regular flow of orders from canteen stores department was encouraging.
Gross margin contracted 700 basis points due to elevated raw material prices, change in product mix and inventory provision in sanitizers.
Full impact of price increases (up 2.5%) taken in February-March 2021 will be reflected in Q1 FY22E.
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 author entity 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.
