External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

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>We attended the Eureka Forbes’ Investor Day, where the company’s management highlighted that the industry is expected to grow at a 13–15% CAGR, although it is targeting a higher CAGR of 17–18% over FY25–30E, aiming to reach INR 54–56bn in revenue by FY30</li><li>It also plans to improve its adjusted EBITDA margin to ~15% from 11.7% in FY25, implying EBITDA of INR 8.0–8.5bn by FY30, corresponding to a 23–24% CAGR</li><li>This growth would be driven by sustained robust growth in water purifiers, pick-up in the service segment, robust growth in robotics vacuum cleaner, water softeners, and air purifiers</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>

We attended the Eureka Forbes’ Investor Day, where the company’s management highlighted that the industry is expected to grow at a 13–15% CAGR, although it is targeting a higher CAGR of 17–18% over FY25–30E, aiming to reach INR 54–56bn in revenue by FY30It also plans to improve its adjusted EBITDA margin to ~15% from 11.7% in FY25, implying EBITDA of INR 8.0–8.5bn by FY30, corresponding to a 23–24% CAGRThis growth would be driven by sustained robust growth in water purifiers, pick-up in the service segment, robust growth in robotics vacuum cleaner, water softeners, and air purifiersContent 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.

Eureka Forbes: Strong Outlook Across All Segments. Maintain BUY