External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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.

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.

Thematic (Sector/Industry)

India Utilities / Thematic (Sector/Industry)

<ul><li>Overall trend (Weak) (Revenue/PAT growth (YoY): 7%/0% and ex-OMCs: 9%/13%) Performance of coverage companies in Q1FY25 clearly reflected that benefits of soft input costs are over and PAT growth (ex-OMCs) has largely converged with revenue growth</li><li>This indicates future earnings growth will come majorly from demand pickup</li><li>FY25 earnings growth will have to be more volume and topline led</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>

Overall trend (Weak) (Revenue/PAT growth (YoY): 7%/0% and ex-OMCs: 9%/13%) Performance of coverage companies in Q1FY25 clearly reflected that benefits of soft input costs are over and PAT growth (ex-OMCs) has largely converged with revenue growthThis indicates future earnings growth will come majorly from demand pickupFY25 earnings growth will have to be more volume and topline ledContent 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.

Quarterly Tracker - Q1FY25: Input Cost Benefits Consumed