Bajaj Electricals Q1 Review - Raw Material Inflation, One Off Expenses Mar Earnings: Prabhudas Lilladher

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. .Prabhudas Lilladher Report.We cut our FY22/23 earnings of Bajaj Electricals Ltd.'s by 6.2% / 1.5% on soft Q1 given margin pressures on the back of-unabated commodity inflation and various one offs/ non comparable costs. Consumer products margins were negatively impacted due to -reallocation of costs from engineering, procurement and construction to consumer product,increased advertising and promotion spends,delay in transition of logistics arrangement with Mahindra Logistics Ltd. due to Covid-19 employee incentives and voluntary retirement scheme in Hind lamps facility. However, with demand trend fairly healthy Bajaj Electricals is confident of sustaining consumer product margins at a minimum of 9% in FY22. .Click on the attachment to read the full report: .DISCLAIMERThis 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.

Bajaj Electricals Q1 Review - Raw Material Inflation, One Off Expenses Mar Earnings: Prabhudas Lilladher

Bajaj Electricals Q1 Review - Raw Material Inflation, One Off Expenses Mar Earnings: Prabhudas Lilladher

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