External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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>Motilal Oswal's research report onKEI Industries KEI Industries (KEII)’s 4QFY24 performance was in line with our estimates.</li><li>Revenue grew 19% YoY to INR23.2b (vs. est. INR22.6b), fueled by 18%/53% YoY growth in the cables &amp; wires/EPC segments, while stainless steel wires’ revenue declined 11% YoY.</li><li>EBITDA grew 21% YoY to INR2.4b (vs. est. INR2.5b). Profit increased 22% YoY to INR1.7b (vs. est. INR1.8b) in 4QFY24. </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>

Motilal Oswal's research report onKEI Industries KEI Industries (KEII)’s 4QFY24 performance was in line with our estimates.Revenue grew 19% YoY to INR23.2b (vs. est. INR22.6b), fueled by 18%/53% YoY growth in the cables &amp; wires/EPC segments, while stainless steel wires’ revenue declined 11% YoY.EBITDA grew 21% YoY to INR2.4b (vs. est. INR2.5b). Profit increased 22% YoY to INR1.7b (vs. est. INR1.8b) in 4QFY24. 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.

KEI Industries - Healthy Performance; Outlook Remains Positive