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. 

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)

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>The company is working on many levers such as optimizing geo-mix, higher production, sale of blended cement, increasing proportion of trade sales, premium and value-added product, logistic efficiency, and use of more renewable power to increase its EBITDA/tonne to four-digit number in the next 18 to 24 months.</li><li>We expect it to post EBITDA growth of 12% CAGR over FY21-24E on the back of better realization, higher volume, and cost-saving initiatives.</li><li>Softening in fuel prices augurs well for the industry and the company as well and the benefit of lower fuel costs will start flowing in from Q1FY24.</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>

The company is working on many levers such as optimizing geo-mix, higher production, sale of blended cement, increasing proportion of trade sales, premium and value-added product, logistic efficiency, and use of more renewable power to increase its EBITDA/tonne to four-digit number in the next 18 to 24 months.We expect it to post EBITDA growth of 12% CAGR over FY21-24E on the back of better realization, higher volume, and cost-saving initiatives.Softening in fuel prices augurs well for the industry and the company as well and the benefit of lower fuel costs will start flowing in from Q1FY24.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.

JK Lakshmi Cement Limited - Better Sales Mix &Cost Optimization To Drive Margins