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>Margin to drop on elevated investments; business fundamentals intact</li></ul><div><div><div><ul><li>Good topline growth but large miss on margins - <span style="font-size: var(--content-font-size);">Revenue stood at INR2.0b (1.8% above our estimates), +12.1% YoY and +7.1% QoQ.</span></li><li><span style="font-size: var(--content-font-size);">Highlights from the management commentary - The company added the highest ever paid customers at 13k and plans to add customers in the range of 8-9k per quarter going forward.</span></li></ul></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>

Margin to drop on elevated investments; business fundamentals intactGood topline growth but large miss on margins - Revenue stood at INR2.0b (1.8% above our estimates), +12.1% YoY and +7.1% QoQ.Highlights from the management commentary - The company added the highest ever paid customers at 13k and plans to add customers in the range of 8-9k per quarter going forward.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.

IndiaMART - Strong Customer Additions; Growth to Bump up in FY23E

IndiaMart

IndiaMART - Strong Customer Additions; Growth to Bump up in FY23E