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.
Dolat Capital Report
Marico Ltd. reported 3.2% YoY revenue growth. Domestic business reported 1% revenue growth with 3% volume increase. On a three-year compound annual growth rate basis, volume growth in domestic market was 7%.
Gross margin expanded by 120 basis points to 43.6%. Copra price moderation and lower price pass on helped mitigate inflation in other key commodities. Despite inflationary headwinds, Marico continued to invest in brand building, to support volume growth.
Parachute Rigids posted 3% volume decline due to sluggish demand sentiments, but the brand gained 20 bps MS. The company is confident of achieving volume growth of 5-7% in Parachute in the mid-term.
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.
