In today’s briefing:
- Dabur India Ltd (DABUR IN) | Some Things Never Change
- ITD Cementation- Forensic Analysis
Dabur India Ltd (DABUR IN) | Some Things Never Change
- Dabur India Ltd (DABUR IN) is over-exposed to rural India where the recovery is uncertain and slow.
- Channel feedback with regards to relationships with distributors and the company’s strategic direction has been poor.
- A weak operating environment coupled with a weak on-ground execution suggests underperformance may continue.
ITD Cementation- Forensic Analysis
- ITD Cementation India (ITCE IN) is one of the players engaged in the construction sector, especially for projects like Metros and Marines.
- Upon analysing the annual reports it was found that the company faces a plethora of forensic alarms.
- This includes re-statement of key line items, high growth of unbilled revenues, cash generation issues among others as highlighted in the insight.
Before it’s here, it’s on Smartkarma
