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>The company reported solid revenue growth of ~22% YoY in Q2FY25, reaching Rs 738 Cr, driven by volume growth of ~10% and higher realizations from premium coffee.</li><li>EBITDA grew by ~25% YoY, with EBITDA margins improving by 48bps YoY to 18.6%, supported by a favourable product mix (higher value contracts), premium brand collaborations, and smaller SKUs. </li><li>The management remains optimistic about coffee prices stabilizing at current levels, with a potential for softening if favourable harvests materialize in Vietnam and Brazil.</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>

The company reported solid revenue growth of ~22% YoY in Q2FY25, reaching Rs 738 Cr, driven by volume growth of ~10% and higher realizations from premium coffee.EBITDA grew by ~25% YoY, with EBITDA margins improving by 48bps YoY to 18.6%, supported by a favourable product mix (higher value contracts), premium brand collaborations, and smaller SKUs. The management remains optimistic about coffee prices stabilizing at current levels, with a potential for softening if favourable harvests materialize in Vietnam and Brazil.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.

CCL Products Ltd - Growth Momentum Continues; Maintain BUY

CCL Products India

CCL Products Ltd - Growth Momentum Continues; Maintain BUY