External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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>PNC Infratech (PNC) reported a 23.1% CAGR growth in its top line from FY19 to FY23</li><li>The key takeaways from PNC’s FY23 annual report are: (1) PNC’s OB as of Mar’23 stood at INR 205.3bn (~2.9x FY23 standalone revenue, all-time high), which provides revenue visibility in the medium term</li><li>(2) At the standalone level, the company had gross/net debt of INR 4.5/0.8bn (gross D/E 0.11x) as of Mar’23 vs a net cash position of INR 3.2bn in Mar’22</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>

PNC Infratech (PNC) reported a 23.1% CAGR growth in its top line from FY19 to FY23The key takeaways from PNC’s FY23 annual report are: (1) PNC’s OB as of Mar’23 stood at INR 205.3bn (~2.9x FY23 standalone revenue, all-time high), which provides revenue visibility in the medium term(2) At the standalone level, the company had gross/net debt of INR 4.5/0.8bn (gross D/E 0.11x) as of Mar’23 vs a net cash position of INR 3.2bn in Mar’22Content 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.

PNC Infratech - Asset Monetisation Tailwind. Maintain BUY

PNC Infratech Ltd

PNC Infratech - Asset Monetisation Tailwind. Maintain BUY