External broker reports(aggregated public sources), Axis Direct

Axis Direct

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

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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>Aarti Industries' Q4FY24 Revenue came in at Rs 1,773 Cr, up 7% YoY and 2% QoQ, which was in line with our estimates.</li><li>EBITDA stood at Rs 283 Cr, up 12% YoY and 9% QoQ, missing our estimates marginally by 4% due to slightly higher operational expenses.</li><li>EBITDA Margin came in at 16%, compared to 15.22% in Q4FY23 and 15% in Q3FY24. </li></ul><p><em>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.</em></p>

Aarti Industries' Q4FY24 Revenue came in at Rs 1,773 Cr, up 7% YoY and 2% QoQ, which was in line with our estimates.EBITDA stood at Rs 283 Cr, up 12% YoY and 9% QoQ, missing our estimates marginally by 4% due to slightly higher operational expenses.EBITDA Margin came in at 16%, compared to 15.22% in Q4FY23 and 15% in Q3FY24. 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.

Aarti Industries Ltd - Stable Volume Uptake as Discretionary Stabilizes