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>Robust revenue growth in FY23: PSP achieved remarkable revenue growth of 11% in FY23, marking the highest-ever revenue for the company since its inception.</li><li>However, it's worth noting that EBITDA and PAT experienced a decline of 11% and 19%, respectively, compared to the previous year.</li><li>This decline can be attributed to the fact that numerous large projects reached the finishing stage in FY22, resulting in high margins during that period. </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>

Robust revenue growth in FY23: PSP achieved remarkable revenue growth of 11% in FY23, marking the highest-ever revenue for the company since its inception.However, it's worth noting that EBITDA and PAT experienced a decline of 11% and 19%, respectively, compared to the previous year.This decline can be attributed to the fact that numerous large projects reached the finishing stage in FY22, resulting in high margins during that period. 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.

PSP Projects Ltd - Robust Order Book; Margins to Improve.