Eicher Motors Q1 Review - Improving Margin Outlook: 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.Eicher Motors Ltd.'s Q1 numbers beat estimates led by improvement in gross margin, better geography mix and cost cutting measures. Gross profit per vehicle increased by 6.2% QoQ. Ebitda margin stood at 24.5% with 75 basis points QoQ margin expansion. We expect the launch of Hunter 350 will help in gaining market share in rural and urban space and will provide much needed boost to small studio outlets volume. It will also help to accelerate the volume of export (will be used as an entry level bike for the global market). We expect easing supply chain issues, festive season demand, launch of Hunter and buoyant export will help to accelerate volume growth in coming months..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."

Eicher Motors Q1 Review - Improving Margin Outlook: Dolat Capital