Intellect Design Arena - Ebitda Margins Disappoint In Q1: ICICI Direct

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. .ICICI Direct Report.Intellect Design Arena Ltd. provides software products to retail, corporate banking, insurance and treasury.The company has guided for mid-teens to high teen growth in revenues (no change) in FY22 as digital acceleration is providing further opportunities as reflected in the increased funnel. The funnel for Q1 FY22 is at Rs 4,630 crore, up 11% QoQ. Ebitda margins are expected to be in the range of 25-30%. The company did mention that Ebitda margins for FY22 would have few headwinds like increase in employee costs because of demand-supply mismatch that the industry has been facing. Intellect Design Arena foresees incremental opportunities in digital. To cater to the same, they expect elevated manpower costs..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.

Intellect Design Arena - Ebitda Margins Disappoint In Q1: ICICI Direct

Intellect Design Arena - Ebitda Margins Disappoint In Q1: ICICI Direct

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