Galaxy Surfactants Q4 Review - Inventory Gain, Improvement In Product Mix Aids Margin: Motilal Oswal

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..Motilal Oswal Report.Galaxy Surfactants Ltd. reported a beat on our Q4 FY22 estimates, with Ebitda (Rs/kilogram) at Rs 25.2 (98% higher than our estimate, up 35% YoY) on inventory gains, new contract terms, and improvement in the product mix. Total volume was flat QoQ (down 9% YoY) at 57.5 thousand million tonne (versus 58 tmt in Q3 FY22). Galaxy Surfactants' management said the growth trajectory in India has been scaling down every quarter, with the first signs of a cutback in demand being seen. It is confident that once prices of palm kernel oil normalise, demand in India will grow at 8-10%. Outbound logistical issues eased in Q4 FY22, but have again become a challenge due to the China-induced lockdowns and the war between Russia and Ukraine..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.

Galaxy Surfactants Q4 Review - Inventory Gain, Improvement In Product Mix Aids Margin: Motilal Oswal

Galaxy Surfactants Q4 Review - Inventory Gain, Improvement In Product Mix Aids Margin: Motilal Oswal

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