Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: 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.Deepak Nitrite Ltd.’s Q4 FY22 consolidated results missed our estimates, sales grew by 28.0% YoY to Rs 18.7 billion (our estimate: Rs 19.6 billion).Ebitda was dragged down by 9.8% YoY to Rs 4.1 billion, however improving sequentially by 16.6% (our estimate: Rs 5.2 billion). Soaring input costs (gross margins down by 935 basis points YoY), higher employee expenses (up 22.7% YoY) and higher power and fuel costs (up 55.8% YoY) dented operating performance. Deepak Nitrite's profit after tax de-grew by 7.9% YoY and 10.2% QoQ to Rs 2.67 billion (our estimate: Rs 3.6 billion), de-growth could have been steeper had it not been for lower depreciation (down 21%) and finance cost (down 50%)..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.

Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: Dolat Capital

Deepak Nitrite Q4 Review - The Darker Side Of Supply Chain Disruption: Dolat Capital

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