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.
Domestic capital spending on roads infra, continue to add tailwinds to Solar Industries India Ltd.’s earnings.
Q4 FY21 witnessed ~47/50% QoQ/YoY increase in housing and infra revenues.
The strength of the segment also manifests in higher standalone margins, up ~ 350 basis points QoQ/YoY.
Change in stewardship has clearly not affected the ability to execute opportunities in the segment.
Overseas/exports grew 31% YoY for FY21, allowing an impressive consolidated revenue growth of 12% YoY in a pandemic year.
There are umpteen revenue and profitability triggers yet to be captured in the overseas business segment.
New capex plan for packaged explosives across three greenfield sites highlights future growth potential.
Click on the attachment to read the full report:
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.