External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

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)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

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

<ul><li>Elgi Equipments (ELEQ) reported muted revenue growth of 3.1%, while its EBITDA margin declined by 165bps YoY to 14.1%.</li><li>During the quarter, the company introduced 2 new products aimed at enhancing its competitive positioning.</li><li>The first, ‘Stabilisor’ is designed as a superior alternative to variable frequency drives (VFDs), while the second is a lower rating air compressor specifically developed to counter Chinese imports in the discount segment.</li></ul><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>

Elgi Equipments (ELEQ) reported muted revenue growth of 3.1%, while its EBITDA margin declined by 165bps YoY to 14.1%.During the quarter, the company introduced 2 new products aimed at enhancing its competitive positioning.The first, ‘Stabilisor’ is designed as a superior alternative to variable frequency drives (VFDs), while the second is a lower rating air compressor specifically developed to counter Chinese imports in the discount segment.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.

Elgi Equipments - Muted Q3; New Product Launches to Drive Growth