Dolat Capital: KEI Industries Delivers Good Q2; Increased Focus On Retail
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
KEI Industries Ltd. saw revenues in line with estimates but Ebitda and profit after tax came in better then estimates led by gross margin expansion of 141 basis points.
The pending order book was Rs 26.6 billion at the end of H1 FY21, compared to Rs 29.5 billion at the end of Q1, a conscious decline in order book as the company is trying to reduce its engineering, procurement and construction print and focus on retail instead.
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 brokerage 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.