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.
Systematix Research Report
We estimate companies in our coverage universe to deliver revenue growth of 8% YoY in Q2 FY22E, with a similar contribution from volume/net sales realisation each at 3.4%/4.4% YoY.
Our September 2021 dealer check indicates that pan-India demand (except Eastern and Southern markets) for Q2 FY22 has been largely stable albeit with negative bias compared to Q1 FY22.
Many dealers refrained from comparing the current quarter with the corresponding quarter last year due to the unevenness of unlocking in several states.
Extreme rainfall and change in state leadership were the reasons pointed out for slow sales in Eastern India.
Infrastructure (roads, metro) was the major demand driver in Western and Southern markets while rural housing/individual house builders were the major consumers in Central, Northern and Southern India.
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