External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<div><ul><li>Volume recovery strong, expect margin to rebound- Castrol (CSTRL)’s revenue missed our estimate while its EBITDA and PAT were above estimates</li></ul><div><ul><li>Revenue below estimate, but beat on EBITDA and PAT - <span style="font-size: var(--content-font-size);">Revenue was 10% lower than estimate at INR12.4b (+9% YoY, +13% QoQ).</span></li></ul><div><div><div><div><ul><li>Strategic developments during the quarter - <span style="font-size: var(--content-font-size);">CSTRL expanded its Castrol Auto Service (CAS) network to 116 multi-brand passenger car workshops in 50+ cities across India.</span></li></ul></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Volume recovery strong, expect margin to rebound- Castrol (CSTRL)’s revenue missed our estimate while its EBITDA and PAT were above estimatesRevenue below estimate, but beat on EBITDA and PAT - Revenue was 10% lower than estimate at INR12.4b (+9% YoY, +13% QoQ).Strategic developments during the quarter - CSTRL expanded its Castrol Auto Service (CAS) network to 116 multi-brand passenger car workshops in 50+ cities across India.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Castrol India

1QCY22 Results Update - Castrol (India)