BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Retail Report
EPL Ltd. is a market leader that is set to continue gaining market share in an industry which is undergoing structural shift owing to innovative product introduction. EPL's strong innovation pipeline and a plethora of sustainable solutions is expected to be quickly adopted by larger personal care brands given their commitment to sustainability goals.
A constant look out for establishing presence in white spaces and driving higher share of customer wallets brightens the company's prospects.
EPL's management has committed to deliver double-digit revenue growth and formulated a comprehensive margin recovery plan, including ongoing pricing success which is expected to improve margins.
Softening of raw material should further aid the margin recovery. Going ahead, we expect revenue and profit after tax compound annual growth rate of 12% and 23%, respectively, over FY23-25E and Ebitda margin improvement of 286 basis points over same time frame. Return on capital employed and return on equity are expected to increase further from 12.7% and 11.9%, respectively in FY23 to 18.5% and 15.4% by FY25.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.