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
Shrunken demand due to Covid-19 second wave hit the performance of all Prism Johnson Ltd.’s divisions in Q1 FY22.
On the low base, however, revenue/Ebitda grew 46%/334% YoY.
Expanding capacities in cement and the tile-bathroom-kitchen division would aid Prism Johnson in catering to reviving demand, in keeping debt in check and return ratios firm.
The greater share of renewable energy would help contain higher input costs.
Risks: Rise in pet-coke/diesel prices; demand slowdown.
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