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. 

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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

Barbeque Nation Hospitality / Equity Bottom-Up

Barbeque Nation Hospitality (BARBEQUE IN)

<div><ul><li>Omicron-led disruptions hurt sales and impair profitability - <span style="font-size: var(--content-font-size);">BARBEQUE’s dine-in focused business (as opposed to QSRs) meant that higher-than-expected Omicron impact for the sector adversely affected the company more.</span></li><li><span style="font-size: var(--content-font-size);">Sales miss leads to lower operating leverage - </span><span style="font-size: var(--content-font-size);">Sales grew 10.9% YoY to INR2.5b. (est. INR2.7b), with SSSG of 5.5% (est.</span><span style="font-size: var(--content-font-size);">13%).</span></li></ul><div><ul><li>Highlights from the management commentary - <span style="font-size: var(--content-font-size);">BARBEQUE took an effective 5% cumulative price hike in Apr-May’22 put together, which along with other cost saving efforts will be able to revive its gross margin to earlier levels.</span></li></ul></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>

Omicron-led disruptions hurt sales and impair profitability - BARBEQUE’s dine-in focused business (as opposed to QSRs) meant that higher-than-expected Omicron impact for the sector adversely affected the company more.Sales miss leads to lower operating leverage - Sales grew 10.9% YoY to INR2.5b. (est. INR2.7b), with SSSG of 5.5% (est.13%).Highlights from the management commentary - BARBEQUE took an effective 5% cumulative price hike in Apr-May’22 put together, which along with other cost saving efforts will be able to revive its gross margin to earlier levels.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.

4QFY22 Results Update - Barbeque Nation Hospitality