BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
Strong execution and sturdy demand at its businesses and regions enabled GMM Pfaudler Ltd. to post ~34%/~24% YoY growth in consolidated revenue/ orders in Q1.
Its German and Chinese plants have been ramping up well, bringing better operational efficiencies at its international business. High commodity and energy prices, however, partially curbed margins to 13.2%.
Though improving QoQ, the Ebitda margin should hold at the similar level, with upward potential if energy costs abate.
Successful integration of its international business, cross-selling efforts, -sourcing and a strong demand outlook keep us upbeat on GMM’s business momentum.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR