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 onBritannia Industries We are increasing FY25/26 EPS estimates by 2.7/3.1% mainly factoring in 1) improved margin guidance following strong 4Q24 (absorbed 190bps PLI impact in base successfully) 2) Double digit volume growth guidance post elections and monsoons 3) improving innovations and faster growing adjacencies and market share gain in core categories.</li><li>BRIT has undertaken price actions (increased grammage) in several key brands, which enabled it to post ~5.5% volume growth while deflation in packaging cost and Palmoil enabled margin beat.</li><li>Innovation pipeline remains strong as BRIT launched Good Day (Fruit and Nut), Cake Rusk and Bourbon Milk shake even as earlier innovations like Jimjam Pops, Treat and 50-50 Gol Maal sustained traction.</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 onBritannia Industries We are increasing FY25/26 EPS estimates by 2.7/3.1% mainly factoring in 1) improved margin guidance following strong 4Q24 (absorbed 190bps PLI impact in base successfully) 2) Double digit volume growth guidance post elections and monsoons 3) improving innovations and faster growing adjacencies and market share gain in core categories.BRIT has undertaken price actions (increased grammage) in several key brands, which enabled it to post ~5.5% volume growth while deflation in packaging cost and Palmoil enabled margin beat.Innovation pipeline remains strong as BRIT launched Good Day (Fruit and Nut), Cake Rusk and Bourbon Milk shake even as earlier innovations like Jimjam Pops, Treat and 50-50 Gol Maal sustained traction.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.

Gujarat Fluorochemicals (FLUOROCH IN) - In Line Performance

GFL Limited

Gujarat Fluorochemicals (FLUOROCH IN) - In Line Performance