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.
Anand Rathi Report
Driven by healthy performance in all divisions (except large engines), Kirloskar Oil Engines Ltd. reported the best revenue of Rs 9.1 billion in Q4 FY21 (our estimate Rs 8.4 billion).
This was on the back of recovery in Powergen, the highest-ever sales in the industrials division (partially led by pre-buying of BS-III engines) and strong growth in agricultural and product support.
With the government’s focus on infrastructure development, Atma- Nirbhar and a strong pick-up of end-user demand, management expects a double-digit revenue growth in the next few years.
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