Emmbi Industries Q4 Review – Strong Results In Uncertain Times: KRChoksey

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

Emmbi Industries Ltd. reported revenue growth of 23.9% YoY/25.8% QoQ to Rs 925 million, mainly on the back of good growth in exports.

Ebitda has seen a growth of 1.7% YoY/14.8% QoQ to Rs 87 million, while Ebitda margin contracted by 206 basis points YoY/90 basis points QoQ on account of higher other expenses.

Due to higher freight costs (shipping rate) in the international markets, which has seen an uptick of nearly 50% in the month of March only, other expenses has seen a 32.5% YoY/29.4% QoQ increase, thereby impacting Ebitda margin both on YoY and QoQ basis.

Click on the attachment to read the full report:

KRChoksey Emmbi Industries Ltd. Q4FY21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button