ECONOMY

Q1 Preview- Deja Vu For Multiplex, Travel, Education Sector; Broadcasters Show Resilience: Prabhudas Lilladher

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.

Demand scenario was weak in Q1 FY22 for discretionary segments like multiplexes and tourism amid second wave.

However, broadcasters have shown some resilience as original programming prevailed for most part of the quarter indicating yields are likely to hold on.

We expect Indian-accounting standard adjusted Ebitda losses to widen for multiplexes due to low occupancy and higher opex.

Within travel and tourism, while IRCTC Ltd. will stand to benefit from ticketing delta arising from conversion of coaches into the reserved category, VIP Industries Ltd. is likely to face demand headwinds as most sales channels borne the brunt of localised lockdowns.

As far as education sector is concerned we believe it is worst hit due to delay in the start of academic session amid outright school closures.

Click on the attachment to read the full report:

Prabhudas Lilladher Media-Education-Travel Q1FY22 Result Preview.pdf

DISCLAIMER

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