Heidelberg Cement Q4 Review - In Line; Cost Pressure To Sustain: Axis Securities

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..Axis Securities Report.Heidelberg Cement India Ltd. reported Q4 FY22. Revenue growth of 3% YoY but Volume /Ebitda/adjusted profit after tax degrowth of 1%/22%/33% YoY. However, on a QoQ basis, the company reported volume/ revenue/Ebitda/adjusted profit after tax growth of 9%/14%/73%/208% on account of better volume, higher realization, SGST incentive, and lower interest cost and tax. Heidelberg Cement reported a volume of 1.23 million tonnes per annum against 1.25 mntpa YoY. The company reported Ebitda margins of 19.1% (better than our expectation of 18.8%), supported by the higher realisation and government incentives. Ebitda margin declined by 620 bps YoY owing to higher fuel and raw material costs..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.

Heidelberg Cement Q4 Review - In Line; Cost Pressure To Sustain: Axis Securities

Heidelberg Cement Q4 Review - In Line; Cost Pressure To Sustain: Axis Securities

Choose a plan