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.
Prabhudas Lilladher Report
Thermax Ltd. reported a health quarterly performance led by execution pickup across verticals and recovery in industrial activity.
Revenue across energy/environment/chemical segments grew by 11.8%/51.6%/24.0% YoY.
Despite steep increase in raw material prices, gross margins came in healthy at 48%, led by change in revenue mix.
Further order inflows continued its momentum with the company securing projects worth ~Rs 15 billion in Q4 FY21, owing to huge traction seen in energy segment.
Order book also stands comfortable at Rs 52 billion (1.1 times trailing twelve months revenues) providing healthy revenue visibility.
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.
