VIP Industries Ltd - Weak Quarter; Revamping Organizational Strategy Post CEO Exit
The company reported an EBITDA margin of 9.7% against 13.9% YoY, missing our estimate by 350bps. PAT stood at Rs13.3 Cr, down 69.4% YoY.
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VIP Industries Ltd - Double Whammy – Supply Constraints and Weak Demand
VIP Industries’Q1FY24 numbers beat ourtop-line estimates but reported a major miss on EBITDA and PAT due to a significant drop in gross margins.
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Q1FY24 Consolidated Preview
Considering these factors collectively, the Q1FY24 earnings season is likely to deliver positive surprises on the margins front.
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Q1 FY24 PREVIEW: CHEMICALS & MIDCAP (OUTLOOK)
Specialty Chemicals sector stands in puddle facing twin problems of falling demand due to reduction in discretionary spends affecting end-user...
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VIP Industries Ltd - Down But Not Beaten, Structural Story Intact!
VIP Industries’Q4FY23 numbers missed our estimates due to a fire incident at 1/8 Bangladesh Factory which affected 8-10% of its Bangladesh production.
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