External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Improving Margin Trajectory: KBL reported a significant improvement in gross margins and EBITDA during the quarter.</li><li>This margin improvement was primarily driven by strong performance in the domestic segment, which led to operating leverage from higher volumes, cost control initiatives, and the softening of raw material prices.</li><li>The company is also strategically focusing on increasing the share of value-added products, significantly reducing its exposure to low-margin and lumpy EPC orders. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Improving Margin Trajectory: KBL reported a significant improvement in gross margins and EBITDA during the quarter.This margin improvement was primarily driven by strong performance in the domestic segment, which led to operating leverage from higher volumes, cost control initiatives, and the softening of raw material prices.The company is also strategically focusing on increasing the share of value-added products, significantly reducing its exposure to low-margin and lumpy EPC orders. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. - Robust Revenue & Margin Visibility; Upgrade to BUY

Kirloskar Brothers Ltd - Robust Revenue & Margin Visibility; Upgrade to BUY

<ul><li>Kirloskar Brothers Ltd. reported a mixed set of Q1FY25 numbers.</li><li>Revenue reached Rs. 1,031 Cr, increasing 15% YoY in line with our estimates but declining 16% QoQ.</li><li>Gross margins stood at 49.5%, down by 200 bps compared to the previous quarter. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. reported a mixed set of Q1FY25 numbers.Revenue reached Rs. 1,031 Cr, increasing 15% YoY in line with our estimates but declining 16% QoQ.Gross margins stood at 49.5%, down by 200 bps compared to the previous quarter. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. - Weaker Margins in the Quarter, Revenue Visibility Remains Strong

<ul><li>Focus on improving profitability paying off: KBL's strategic focus on increasing the share of value-added product mix has significantly reduced exposure to low-margin and lumpy EPC orders, accounting for approximately 3% in FY24 compared to 75% in FY10.</li><li>Additionally, the company has implemented initiatives to enhance operational efficiencies and allocated resources towards debottlenecking, aimed at optimizing capacity utilization.</li><li>These efforts have directly contributed to improving KBL's profitability. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Focus on improving profitability paying off: KBL's strategic focus on increasing the share of value-added product mix has significantly reduced exposure to low-margin and lumpy EPC orders, accounting for approximately 3% in FY24 compared to 75% in FY10.Additionally, the company has implemented initiatives to enhance operational efficiencies and allocated resources towards debottlenecking, aimed at optimizing capacity utilization.These efforts have directly contributed to improving KBL's profitability. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. - Robust Margins Pumping Up The Profitability Ladder

<ul><li>Kirloskar Brothers Ltd. reported muted Q3FY24 numbers on a YoY basis.</li><li>Revenue marginally grew by 1% YoY to Rs 965 Cr. KBL incurred a one-off situation that impacted revenue recognition of Rs 30 Cr.</li><li>Its adjusted revenue grew by 4%YoY. GMs increased by ~700bps YoY to 51.7%, led by the benefit of the lower RM costs. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. reported muted Q3FY24 numbers on a YoY basis.Revenue marginally grew by 1% YoY to Rs 965 Cr. KBL incurred a one-off situation that impacted revenue recognition of Rs 30 Cr.Its adjusted revenue grew by 4%YoY. GMs increased by ~700bps YoY to 51.7%, led by the benefit of the lower RM costs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. - Strong Orderbook & International Expansion to Support Growth

India

Kirloskar Brothers Limited manufactures agricultural implements, power-driven pumps, sugarcane crushers, sluice valves, concrete mixers, ploughs, turbines, iron and steel castings and machine tools. The Group provides its customers with Finite Element Modelling and Computational Fluid Dynamics packages for Hydraulic analysis.  Kirloskar also supplies several turnkey Mini-Hydel power projects.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Kirloskar Brothers (KKB IN)

Kirloskar Brothers Ltd. - Robust Revenue & Margin Visibility; Upgrade to BUY

Improving Margin Trajectory: KBL reported a significant improvement in gross margins and EBITDA during the quarter. This margin improvement was...

Axis Direct

Kirloskar Brothers Ltd - Robust Revenue & Margin Visibility; Upgrade to BUY

This margin improvement was primarily driven by strong performance in the domestic segment, which led to operating leverage from higher volumes,...

Axis Direct

Kirloskar Brothers Ltd. - Weaker Margins in the Quarter, Revenue Visibility Remains Strong

Kirloskar Brothers Ltd. reported a mixed set of Q1FY25 numbers. Revenue reached Rs. 1,031 Cr, increasing 15% YoY in line with our estimates but...

Axis Direct

Kirloskar Brothers Ltd. - Robust Margins Pumping Up The Profitability Ladder

Additionally, the company has implemented initiatives to enhance operational efficiencies and allocated resources towards debottlenecking, aimed at...

Axis Direct

Kirloskar Brothers Ltd. - Strong Orderbook & International Expansion to Support Growth

Revenue marginally grew by 1% YoY to Rs 965 Cr. KBL incurred a one-off situation that impacted revenue recognition of Rs 30 Cr.

Axis Direct

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)