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
Atul Ltd.'s Q3 FY21 sales de-growth of 8.5% YoY to Rs 9.5 billion manifests pressure in pickup of volumes amid the pandemic.
However, the company has divulged prudence in cost control by consistently reporting Ebitda margins over 25% (Q3 FY21 Ebitda margin: 25.5%, up 160 basis points YoY).
Profit after tax grew by 11.6% YoY to Rs 1.88 billion, given a higher other income of Rs 373 million (approximately Rs 200 million of dividend income seems to have flown in from Majesco's share) and a lower tax rate compared to Q3 FY20, at 23.2%.
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.
