Chemical Sector Q4 Results Preview - Sequential Improvement In Profitability: Prabhudas Lilladher

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. .Prabhudas Lilladher Report.Chemical companies in our coverage universe are expected to deliver QoQ Ebitda/profit after tax growth of 4%/8%, led by pickup in exports. However, we expect muted performance YoY given 13%/20% Ebitda/profit after tax decline led by weaker global demand environment and price correction (on lower input costs). We expect companies with exposure to crop protection, like Jubilant Ingrevia Ltd. to witness margin pressure in its specialty chemicals vertical while companies like Fine Organic Industries Ltd., Nocil Ltd. and Laxmi Organic Industries Ltd. are expected to benefit from increased export volumes QoQ. While gross margins are likely to remain stable for most, operating leverage benefits to kick in aiding Ebitda/profit after tax improvement for coverage companies..Click on the attachment to read the full report:.Chemicals Sector Q4 Preview - Specialty, CRAMs To Drive Growth, Lower Crude To Drive Ebitda: ICICI Direct.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.

Chemical Sector Q4 Results Preview - Sequential Improvement In Profitability: Prabhudas Lilladher

Companies remain optimistic on medium to long-term opportunities.

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