External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory 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)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory 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><div><div><div><ul><li>Record quarter/year for sales bookings: LODHA clocked Q4FY22 India business sales bookings worth Rs34.6bn vs. Isec estimate of Rs32.5bn (up 37% YoY and 33% QoQ) and it is the highest quarterly sales booking clocked by the company till date.</li></ul><div><div><div><ul><li>Net debt reduced by Rs6.2bn QoQ to Rs93.1bn: The company’s India business net debt reduced by Rs25.5bn QoQ to Rs99.3bn in Dec’21 from Rs125bn in Sep’21.</li></ul><div><div><div><div><ul><li>On track to achieve over Rs100bn of annual sales bookings over FY23-24E</li></ul></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>

Record quarter/year for sales bookings: LODHA clocked Q4FY22 India business sales bookings worth Rs34.6bn vs. Isec estimate of Rs32.5bn (up 37% YoY and 33% QoQ) and it is the highest quarterly sales booking clocked by the company till date.Net debt reduced by Rs6.2bn QoQ to Rs93.1bn: The company’s India business net debt reduced by Rs25.5bn QoQ to Rs99.3bn in Dec’21 from Rs125bn in Sep’21.On track to achieve over Rs100bn of annual sales bookings over FY23-24EContent 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.

Macrotech Developers Limited - Record Year for Sales, Outlook Remains Strong