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. 

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.

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>Robust order book: The company has an order book of Rs 16,193 Cr (as of 30th Sep'24) and a YTD order inflow of Rs 7,794 Cr. The breakup of this order book is as follows: Hospital – 16% (Rs 2,537 Cr), Commercial – 18% (Rs 2,982 Cr), Institutional – 9% (Rs 1,467 Cr), Residential – 25% (Rs 4,049 Cr), Infrastructure – 31% (Rs 4,978 Cr), and Hotel – 1% (Rs 180 Cr).</li><li>The robust order book provides revenue visibility for the next 3-4 years.</li><li>The company is therefore expected to achieve revenue growth of 19% CAGR over FY24-FY26E and is likely to post improved margins with better execution.</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>

Robust order book: The company has an order book of Rs 16,193 Cr (as of 30th Sep'24) and a YTD order inflow of Rs 7,794 Cr. The breakup of this order book is as follows: Hospital – 16% (Rs 2,537 Cr), Commercial – 18% (Rs 2,982 Cr), Institutional – 9% (Rs 1,467 Cr), Residential – 25% (Rs 4,049 Cr), Infrastructure – 31% (Rs 4,978 Cr), and Hotel – 1% (Rs 180 Cr).The robust order book provides revenue visibility for the next 3-4 years.The company is therefore expected to achieve revenue growth of 19% CAGR over FY24-FY26E and is likely to post improved margins with better execution.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.

Ahluwalia Contracts India Ltd - H2FY25 to Witness Better Execution; Retain BUY