External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

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)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

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>Prabhudas Lilladher's research report onFinolex Industries We upward revise our FY25/FY26E adjusted earnings by 6.9%/8.1% on account of improvement in margins with operational efficiency and stable PVC-EDC spread, which expected to continue.</li><li>FNXP reported healthy volume growth of 23.0% YoY in its seasonally strong quarter for agri. business.</li><li>Management indicated high single-digit volume growth in its agri. business (~68% cont. in FY24) and ~20% growth in non-agri pipes and fittings segment.</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>

Prabhudas Lilladher's research report onFinolex Industries We upward revise our FY25/FY26E adjusted earnings by 6.9%/8.1% on account of improvement in margins with operational efficiency and stable PVC-EDC spread, which expected to continue.FNXP reported healthy volume growth of 23.0% YoY in its seasonally strong quarter for agri. business.Management indicated high single-digit volume growth in its agri. business (~68% cont. in FY24) and ~20% growth in non-agri pipes and fittings segment.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.

Finolex Industries (FNXP IN) - Healthy Volumegrowth, Improvement in Margins