Capital Goods Earnings Preview - Recovery Visible In Q4: Prabhudas Lilladher 
An employee assembles dead tank circuit breaker brushings on the production line inside Siemens AG switchgear electronic power unit factory in Berlin. (Photographer Krisztian BocsiBloomberg)

Capital Goods Earnings Preview - Recovery Visible In Q4: 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

With labour availability reaching pre-Covid-19 level and ramp up in utilisation levels led by pick-up in economic activities, we expect Q4 to be strong quarter for our coverage universe.

Revenues are expected to grow by 12.1%/35.9% YoY/QoQ respectively for our coverage universe.

For project companies, given significant ramp up in execution across project sites and timely disbursement of payments, we expect a healthy revenue growth of 11% YoY.

For product companies, we expect 29% YoY revenue growth led by V-shaped recovery in economic activities along with lot of supply side issue being addressed.

Click on the attachment to read the full report:

Prabhudas Lilladher Capital Goods Sector Q4FY21 Results Preview.pdf

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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.