External broker reports(aggregated public sources), Emkay Global Financial Services Limited

Emkay

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades.

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)

Emkay Global Financial Services Limited

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades. 

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><div><div><div><ul><li>What we liked? 1) Strong Q4 revenue growth driven by volumes amid challenging market conditions; 2) Growing focus on high-value specialty products driving mix improvement; 3) Healthy new product launch pipeline with target to launch 7 new products in FY23E; 4) Investment in new high-growth areas to sustain growth momentum in the future.</li></ul><div><div><div><div><ul><li>What we didn’t like? 1) Slow pace of cost pass through; 2) Lagging innovation momentum</li></ul><div><div><div><div><ul><li>Valuation and Outlook: We believe that Dhanuka’s healthy new product pipeline will keep up growth momentum in the domestic market, while Dahej greenfield capex will help the company to tap the export opportunity.</li></ul></div></div></div></div></div></div></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>

What we liked? 1) Strong Q4 revenue growth driven by volumes amid challenging market conditions; 2) Growing focus on high-value specialty products driving mix improvement; 3) Healthy new product launch pipeline with target to launch 7 new products in FY23E; 4) Investment in new high-growth areas to sustain growth momentum in the future.What we didn’t like? 1) Slow pace of cost pass through; 2) Lagging innovation momentumValuation and Outlook: We believe that Dhanuka’s healthy new product pipeline will keep up growth momentum in the domestic market, while Dahej greenfield capex will help the company to tap the export opportunity.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.

Dhanuka Agritech - Tracking Expectations; Outlook Upbeat