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
Sandhar Technologies Ltd. reported decent numbers in Q2 amid several challenges.
Ebitda margin contracted 129 basis points YoY due to commodity inflation. Management expect a strong growth in cabin and fabrication, sheet metal and aluminum die casting business for near to medium term.
The company is setting up five plants which will help to generate incremental revenue of Rs 6.5-7 billion from FY23 onwards.
For the vision and locking systems, Sandhar Tech is increasing presence in the scooter segment, winning new business and increasing content per vehicle.
The company also expects strong revenue growth from Honda cars.
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