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.
Dolat Capital Report
Dhanuka Agritech Ltd.’s earnings print is an exhibition of a strong underlying agri-commodity cycle.
The company grew its sales by 21.1% YoY to Rs 2.76 billion in Q4 FY21 while Ebitda grew by 41.2% YoY to Rs 646 million and profit after tax grew by 24.7% YoY to Rs 486 million.
Gross margins were flattish on a YoY basis at 42.9%, while Ebitda margins saw a strong expansion of 334 basis points YoY to 23.5%.
Other expenses were curtailed due to lower travelling and marketing costs in the prevailing pandemic times.
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