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>Dhanuka Agritech reported revenue of Rs. 403 Crs, up by 2.5% YoY and down by 35% QoQ, missing our estimate by 10%.</li><li>Company reported Ebitda of Rs. 62 crs, up by 20% YoY and down by 56% QoQ, inline with our estimate of Rs. 63 crs.</li><li>Dhanuka reported EBITDA margin of 15.4%. EBITDA Margins elevated due to better operating performance, against 13% YoY. </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>

Dhanuka Agritech reported revenue of Rs. 403 Crs, up by 2.5% YoY and down by 35% QoQ, missing our estimate by 10%.Company reported Ebitda of Rs. 62 crs, up by 20% YoY and down by 56% QoQ, inline with our estimate of Rs. 63 crs.Dhanuka reported EBITDA margin of 15.4%. EBITDA Margins elevated due to better operating performance, against 13% YoY. 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.

Dhanuka Agritech Ltd - Gross Margins Cushion Value Erosion, ITI to Drive Growth in FY25