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
With Q2 demand momentum persisting in Q3, we expect consumer durables universe to register healthy growth rates benefitting from -
- good festival season sales
- dipping mercury levels aiding winter portfolio and
- smart share gains by large organized players.
We expect Sales/Ebitda/profit before tax/adjusted profit after tax growth of 13.9%/ 28.0%/ 33.2%/ 27.9% across our coverage universe.
For a second consecutive quarter commodity prices rose sharply with London Metal Exchange spot copper/ aluminum prices up by 26.3%/ 13.1% YoY, which will have intermittent impact on gross margins in Q3/Q421.
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