External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Heidelberg Cement India / Equity Bottom-Up

<p>Heidelberg Cement reported revenue growth of 14.1% YoY, mainly on the back of 14.9% YoY jump in volumes to 1.25 MT during Q4FY21. Capacity utilisation was at 80% for the quarter while for the full year it was at 72% despite pandemic vs. 87% last year. EBITDA/tonne, however, fell 8.3% YoY to Rs 1067/t (vs. Rs 1164/t last year) mainly on account of a sharp jump in the power &amp; fuel costs (up 17.1% YoY to Rs 1202/t). Higher dependence on grid power and increase in the petcoke &amp; international coal prices led to increase in fuel cost.</p><div class="content-highlight"><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></div>

Heidelberg Cement reported revenue growth of 14.1% YoY, mainly on the back of 14.9% YoY jump in volumes to 1.25 MT during Q4FY21. Capacity utilisation was at 80% for the quarter while for the full year it was at 72% despite pandemic vs. 87% last year. EBITDA/tonne, however, fell 8.3% YoY to Rs 1067/t (vs. Rs 1164/t last year) mainly on account of a sharp jump in the power &amp; fuel costs (up 17.1% YoY to Rs 1202/t). Higher dependence on grid power and increase in the petcoke &amp; international coal prices led to increase in fuel cost.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.

HEIDELBERG: Heidelberg Cement reported revenue growth of 14.1% YoY, mainly on the back of 14.9% Y...