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
With revenue/Ebitda/profit after tax vaulting ~62%/38.7%/41% YoY, Deccan Cements Ltd. reported its best performance, outstripping its regional peers.
Government sanctions for its 2.2 million tonnes cement capacity expansion is awaited.
Despite the high base, Deccan Cements' performance is expected to continue, backed by a demand upswing and cost savings (waste heat recovery system).
A net-debt-free balance sheet and strong return ratios are other positives.
Risks: Demand slowdown; rise in input costs.
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.
