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

<p>Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disruptions while better gross margins supported PAT growth. Revenue for the quarter declined 15.6% YoY to Rs 207.2 crore (publication: 10% to Rs 55.9 crore, stationery: -17.5% to Rs 151.0 crore). According to the management, due to lockdown company, lost revenues worth Rs 54 crore (publication: Rs 10 crore, stationery: Rs 44 crore). Gross margins improved substantially by 950 bps YoY to 61.6% owing to benefits of a decline in paper prices (~600 bps) and favourable product mix for stationery exports.</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>

Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disruptions while better gross margins supported PAT growth. Revenue for the quarter declined 15.6% YoY to Rs 207.2 crore (publication: 10% to Rs 55.9 crore, stationery: -17.5% to Rs 151.0 crore). According to the management, due to lockdown company, lost revenues worth Rs 54 crore (publication: Rs 10 crore, stationery: Rs 44 crore). Gross margins improved substantially by 950 bps YoY to 61.6% owing to benefits of a decline in paper prices (~600 bps) and favourable product mix for stationery exports.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.

NAVNETEDUL: Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disr...

Navneet Education

NAVNETEDUL: Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disr...