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.
ICICI Securities Report
Takeaways from Insecticides India Ltd.'s Q2 FY22:
revenue declined 2.6% YoY; Ebitda and adjusted profit after tax grew 11.1% and 0.9% YoY, respectively,
working capital investments increased due to higher inventory and debtor levels and
Ebitda margin was up 179 basis points YoY in-spite of higher input prices.
The company received a patent for an herbicide formulation for 20 years. We remain positive on Insecticides India due to-
focus on increasing farmers’ penetration,
removal of generic products from the portfolio and
backward integration of technical.
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 author entity 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