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.
Axis Securities Report
PI Industries Ltd.’s strong growth prospects in custom synthesis and manufacturing (CSM) segment and well established pan India network in crop protection chemicals segment places it in a strong position domestically.
The company has ramped up its CSM operations over the years through building relationships with leading innovator companies in the global crop protection chemical (CPC) business.
CSM contributes close to 73% of the total revenue and rest is through domestic formulation business.
The company has delivered healthy growth with a compound annual growth rate of 19%23/24% in revenue/Ebitda/profit after tax, respectively, over FY11-20.
The strong decadal growth is likely to sustain.
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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR