External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

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)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

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

Safari Industries India / Equity Bottom-Up

<ul><li>Prabhudas Lilladher's research report onSafari Industries (India) Safari’s top-line was lower than our expectation as pricing aggression on ecom channel was measured.</li><li>On the other hand, GM improved to 50.6% (PLe 47.9%) due to improvement in HL:SL mix.</li><li>The expansion plan at Jaipur is on track and production is expected to begin from 3QFY25E.</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>

Prabhudas Lilladher's research report onSafari Industries (India) Safari’s top-line was lower than our expectation as pricing aggression on ecom channel was measured.On the other hand, GM improved to 50.6% (PLe 47.9%) due to improvement in HL:SL mix.The expansion plan at Jaipur is on track and production is expected to begin from 3QFY25E.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.

Safari Industries (India) (SII IN) - GM Springs a Surprise