External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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>Motilal Oswal's research report onCraftsman Automation Craftsman Automation (CRAFTSMA) reported a weak 4QFY24, largely due to the subdued performance of the powertrain division, resulting in a lower Revenue/PAT of INR11.1b/INR0.62b (vs. est. of INR11.9b/ INR0.86b).</li><li>However, aided by the strong order backlog in the Al and Industrial Engineering segments, we expect the company’s performance to improve over our forecast period.</li><li>To factor in the near-term slowdown in CVs and tractors, we cut our FY25E/26E EPS by 6%/5%. </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>

Motilal Oswal's research report onCraftsman Automation Craftsman Automation (CRAFTSMA) reported a weak 4QFY24, largely due to the subdued performance of the powertrain division, resulting in a lower Revenue/PAT of INR11.1b/INR0.62b (vs. est. of INR11.9b/ INR0.86b).However, aided by the strong order backlog in the Al and Industrial Engineering segments, we expect the company’s performance to improve over our forecast period.To factor in the near-term slowdown in CVs and tractors, we cut our FY25E/26E EPS by 6%/5%. 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.

Craftsman Automation - Weak 4Q, Gradual Recovery Likely from 1Q Onwards