External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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>Q4 highlights: Revenue grew 2.5% YoY to INR7.98bn (HSIE: INR8.11bn) due to weak consumer demand.</li><li>The sub-INR500 product range (&lt;10% of sales for FY24) and distribution channel continue to remain under pressure while premium categories (~40% of sales for FY24) continue to backstop a decline.</li><li>SSSG is likely to be negative over FY24. Bata added 27 stores (net) in Q4 (franchise/total store count: 533/1,862) primarily in Tier 3-5 cities to cater to unfulfilled demand and clock higher RoCE (target store addition for FY25 – 120; 80% franchise stores).</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>

Q4 highlights: Revenue grew 2.5% YoY to INR7.98bn (HSIE: INR8.11bn) due to weak consumer demand.The sub-INR500 product range (&lt;10% of sales for FY24) and distribution channel continue to remain under pressure while premium categories (~40% of sales for FY24) continue to backstop a decline.SSSG is likely to be negative over FY24. Bata added 27 stores (net) in Q4 (franchise/total store count: 533/1,862) primarily in Tier 3-5 cities to cater to unfulfilled demand and clock higher RoCE (target store addition for FY25 – 120; 80% franchise stores).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.

Bata India - Continues to Be a Category Laggard

Bata India Ltd

Bata India - Continues to Be a Category Laggard