Consumer Discretionary - Margin Recovery to Lag that in Topline
Recovery trends in discretionary categories are healthy: Our discretionary universe is expected to clock 11/2% revenue/EBITDA growth YoY (partly...
271 Views
Consumer Discretionary Margin Recovery to Lag that in Topline
Recovery trends in discretionary categories are healthy; Our discretionary universe is expected to clock 11/2% revenue/EBITDA growth YoY (partly...
339 Views
V-MART Retail: An Under-Earning Asset or a Melting Ice Cube? Upgrade to BUY
After going through a challenging period marked by (1) an unfavourable rural cycle, (2) deteriorating unit economics, and (3) stumbling in...
557 Views
V-Mart Ltd -Demand To Recover Gradually; Maintain BUY
Adj EBITDA margins were 13%. However, management remains cautiously optimistic about demand, seeing early signs of recovery in certain markets,...
477 Views
V-Mart Ltd - Demand To Recover Gradually; Maintain BUY
The company’s revenue grew 30% YoY (21% on a 3-Year CAGR) while SSSG grew 10% YoY as it undertook price reduction to drive footfall.
479 Views