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.
Nirmal Bang Report
We expect yet another bumper quarter for the cement sector in Q3 FY21 despite rising costs and relatively weak pricing (QoQ) as demand recovery has been better.
For our coverage universe, we are building in approximately 8% YoY growth in revenue, driven largely by volume and pricing growth on YoY basis.
Ebitda is expected to be higher by 28% YoY as operating costs despite rising on QoQ basis will be lower on YoY basis. Similarly, pricing is expected to be up on YoY basis but down on a sequential basis.
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