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>KEC International (KEC) reported a mixed set of numbers in Q1FY25 with revenue at Rs 4,512 Cr (up 6% YoY), EBITDA of Rs 270 Cr ( up 11% YoY), and PAT of Rs 88 Cr (up 107% YoY).</li><li>While revenue and PAT were above our expectations, EBITDA and EBITDA margins were below our estimates.</li><li>The company’s EBITDA margin stood at 6% in Q1FY25 vs.5.8% in Q1FY24, (as against our estimate of 6.6%). </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>

KEC International (KEC) reported a mixed set of numbers in Q1FY25 with revenue at Rs 4,512 Cr (up 6% YoY), EBITDA of Rs 270 Cr ( up 11% YoY), and PAT of Rs 88 Cr (up 107% YoY).While revenue and PAT were above our expectations, EBITDA and EBITDA margins were below our estimates.The company’s EBITDA margin stood at 6% in Q1FY25 vs.5.8% in Q1FY24, (as against our estimate of 6.6%). 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.

KEC International Ltd - Mixed Quarter; Robust Order Book to Drive Growth