L&T Tech, Cyient, Tata Elxsi, KPIT Q4 Review - Demand Environment Seems Intact: 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
Broad-based pickup in engineering research and development spends and ramp up of deals won earlier in the year led to strong revenue growth for all players across the industry in Q4 FY21.
Strong demand momentum in communications and healthcare verticals resulted in higher than pre-Covid-19 level revenues in these segments in FY21.
Though transportation showed strong recovery in H2 FY22, but is still not back to pre-Covid-19 levels.
Within this segment, there is strong pickup in automotive reflected by numerous large deals won by L&T Technology Services Ltd. (two deals), Tata Elxsi Ltd. (two deals) and KPIT Technologies Ltd. (five deals) in this domain segment.
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.