FMCG Sector Q4 Earnings Preview - Rural Sustains, Urban Joins The Party: Prabhudas Lilladher
FMCG products kept on shelves inside DMart. (Photo: BloombergQuint)

FMCG Sector Q4 Earnings Preview - Rural Sustains, Urban Joins The Party: 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 estimate fast moving consumer goods Q4 FY21 sales and profit before tax to increase by 23.1% and 23.2% respectively on approximately 28 basis points higher Ebitda margins.

Adjusted profit after tax is expected to grow 17%.

We expect broad based volume growth led by improved consumer sentiment, favorable base and return of discretionary spends in urban India.

We like companies that have strengthened their business model through launch of innovative products, expansion of distribution and market share gains and are well placed to capitalize once the pandemic subsides.

Click on the attachment to read the full report:

Prabhudas Lilladher Consumer Sctor Q4FY21 Result 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.