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.
HDFC Securities Report
Subros Ltd.'s Ebitda margin surprised at 11.7% (versus 9.5% in FY20), led by higher localisation levels.
The management highlights that the double-digit margin range is sustainable, driven by its cost-cutting initiatives and improving production levels.
We believe that the parts supplier would benefit from a revival in passenger car volumes and the company's diversification initiatives.
The comapny is scaling up its presence in home air conditioners and railways segment (under the Make in India theme).
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 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.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
