Birla Corp Q4 Review - Expansion To Support Decent Growth: Dolat Capital

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..Dolat Capital Report.Birla Corporation Ltd. reported volume in line, however revenue, realization, Ebitda, Ebitda/tonne and adjusted profit after tax above estimates. Birla Corp posted up 6.2%/ down 29.4%/ down 18.4% YoY growth in revenue/ Ebitda/ adjusted profit after tax to Rs 22.6 billion/ Rs 2.8 billion/ Rs 1.5 billion in Q4 FY22 due to increase in cement volume by 1.7% YoY to 4.24 million tonne, realisation by 4.4% to Rs 5,071/tonne (up 2.9% QoQ) and Ebitda margin down 616 bps YoY. We expect 14.9%/ 22.6%/ 23.6% revenue/ Ebitda/adjusted profit after tax compound annual growth rate over FY22-24E led by 17.1%/ 8.0% volume growth and 5.2%/ 0.0% cement realisation growth in FY23E/ FY24E..Click on the attachment to read the full report:.DISCLAIMERThis 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.

Birla Corp Q4 Review - Expansion To Support Decent Growth: Dolat Capital

Birla Corp Q4 Review - Expansion To Support Decent Growth: Dolat Capital

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