Atul - Back To Pre-Covid-19 Levels, Strong Outlook: Anand Rathi
A farmer sprays fungicide onto a field of rice in Indonesia. (Photographer: Dimas Ardian/Bloomberg)

Atul - Back To Pre-Covid-19 Levels, Strong Outlook: Anand Rathi

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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

Backed by the strong domestic-market recovery, as expected Atul Ltd.’s Q4 revenue/Ebitda/profit after tax grew 15.6%/35.2%/23.9% YoY.

On the back of its greater focus on retail/branded products, ongoing capex to support revenue growth and strong performances, we expect 17%/20%/20% compound annual growth rates over FY21-23 in revenue/Ebitda/profit after tax.

Click on the attachment to read the full report:

Anand Rathi Atul Company Update.pdf

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