Consumer Discretionary - Margin Recovery to Lag that in Topline
Our discretionary universe is expected to nearly double sales YoY in Q1FY23 as the companies get their first pandemic-free quarter (3-year revenue...
161 Views
Trent - Pursuing Aggressive Growth
Despite the adverse impact of COVID-19 over the last two years, Trent’s standalone revenue/PAT reported an encouraging CAGR of 11%/27% over FY20 to...
257 Views
Trent Ltd - Earnings Upgrade Continues
Trent’s Q4FY22 revenue of Rs11.9bn (up 53% YoY) was ahead of our / consensus estimates, while EBITDA of Rs1.52bn was below our expectation owing to...
260 Views
Trent - On an Aggressive Growth Path; Earnings to Post a Sharp Revival
Trent’s aggressive footprint expansion and strong LTL growth of 16% YoY translated into a robust 53% YoY revenue growth however, the back- ended...
248 Views
Consumer Discretionary - Margin Recovery to Lag that in Topline
Recovery trends in discretionary categories are healthy: Our discretionary universe is expected to clock 11/2% revenue/EBITDA growth YoY (partly...
149 Views