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>Resilient Margins Despite Agchem Downcycle: PI Industries delivered strong operating resilience despite a 10% YoY decline in consolidated revenue to Rs 17 Bn, sustaining 57% gross margin and 22% EBITDA margin.</li><li>The domestic agribusiness significantly outperformed peers with 12% volume growth, translating into 3% revenue growth despite delayed sowing.</li><li>Near-to-medium-term export visibility remains highly secure, anchored by a sequentially stable CSM order book of $1.2 Bn and contract assets of Rs 750 Cr.</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>

Resilient Margins Despite Agchem Downcycle: PI Industries delivered strong operating resilience despite a 10% YoY decline in consolidated revenue to Rs 17 Bn, sustaining 57% gross margin and 22% EBITDA margin.The domestic agribusiness significantly outperformed peers with 12% volume growth, translating into 3% revenue growth despite delayed sowing.Near-to-medium-term export visibility remains highly secure, anchored by a sequentially stable CSM order book of $1.2 Bn and contract assets of Rs 750 Cr.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.

PI Industries Ltd - Resilience Amid Headwinds; Growth Catalysts Intact

Pi Industries

PI Industries Ltd - Resilience Amid Headwinds; Growth Catalysts Intact