Dolat Capital: Sandhar Technologies - On Its Road To Recovery

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Sandhar Technologies Ltd.’s consolidated revenue de-grew 77% YoY to Rs 1.3 billion, impacted by low production by original equipment manufacturers due to lockdown across the nation.Consolidated Ebitda loss was at Rs 127 million due to negative operating leverage. The current inventory is below normal and the company to accelerate production ahead of the festive season.Operations have reached 85-90% of pre-Covid-19 levels.As Hero Motocorp Ltd. and TVS Motor Company Ltd. account for approximately 52% of overall revenue, we believe Sandhar Technologies would be a key beneficiary of quicker recovery in Two-Wheeler led by rise in rural demand..Click on the attachment to read the full report:.DISCLAIMERThis 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 brokerage 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.

Dolat Capital: Sandhar Technologies - On Its Road To Recovery

Dolat Capital: Sandhar Technologies - On Its Road To Recovery

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