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.
Systematix Research Report
We estimate companies in our coverage universe to deliver revenue growth of 13% YoY in Q3 FY22E, driven mainly by 7.9% YoY growth in realisations and volume growth of 4.8% YoY.
We expect revenue/Ebitda growth of 23.2%/19.7% for our coverage universe on a QoQ basis. During the quarter, volume growth likely remained in mid-single-digits YoY, while net sales realisation grew by 8% YoY.
Early October 2021 witnessed several price hikes due to-
a surge in petcoke and international thermal coal prices, which coincided with minimal domestic availability of thermal coal and
high diesel prices.
Diesel prices were cut abruptly by about 10% in Nov-21, pausing the pace of cement price hikes and rollbacks in some places. Nonetheless, cost price inflation generally favours cement companies and leads to margin expansion.
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.