External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank 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>KEC International (KEC Int.) reported a positive set of numbers in Q4FY23 with revenues at Rs5,525Cr (up 29%YoY), EBITDA of Rs 283 Cr (down 13% YoY) and PAT of Rs72 Cr (down 36% YoY).</li><li>The company’s EBITDA stood at5.1% in Q4FY23 vs.4.6% in Q3FY23and 5.9% in Q4FY22.</li><li>While its EBITDA margins have shown a sequential improvement, they have been impacted by adverse commodity prices, issues in Brazil, and certain legacy projects.</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>

KEC International (KEC Int.) reported a positive set of numbers in Q4FY23 with revenues at Rs5,525Cr (up 29%YoY), EBITDA of Rs 283 Cr (down 13% YoY) and PAT of Rs72 Cr (down 36% YoY).The company’s EBITDA stood at5.1% in Q4FY23 vs.4.6% in Q3FY23and 5.9% in Q4FY22.While its EBITDA margins have shown a sequential improvement, they have been impacted by adverse commodity prices, issues in Brazil, and certain legacy projects.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.

KEC International - Superior Execution Drives Growth; Margin Recovery Onthe Cards