Dhanuka Agritech Q4 Review - The Formula Remains Strong: Centrum Broking
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.
Centrum Broking Report
Dhanuka Agritech Ltd. had a very strong Q4, with revenue/Ebitda/profit after tax of Rs 2.75/0.65/0.49 billion respectively, growing 21/41/25% YoY.
Coupled with an already impressive nine months FY21, this quarter performance has driven the strongest year ever for the company with FY21 Ebitda/profit after tax of Rs 2.7 billion/2.1 billion the highest this decade.
For the quarter, the company reported a small dip QoQ in revenue (down 7%) but Ebitda/profit after tax have still grown by 29/21.5% respectively, helped by a record gross margin of 42.9% and record Ebitda margin of 23.5%.
Click on the attachment to read the full report:
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.