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. 

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)

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>Company reported one of its strongest quarters beating our estimates on all fronts on back of strong replishnishment demand in USA ahead of the festive season.</li><li>Company reproted Revenue of 2509 Cr beating our est of 2240 Cr. The EBITDA came in at 358 Cr much higher than our est of 311 Cr on account of flooring segment clocking 8.3% margins.</li><li>This lead to overall PAT of 200Cr up 23% Q-o-Q beating our est of 159 Cr by 26%. </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>

Company reported one of its strongest quarters beating our estimates on all fronts on back of strong replishnishment demand in USA ahead of the festive season.Company reproted Revenue of 2509 Cr beating our est of 2240 Cr. The EBITDA came in at 358 Cr much higher than our est of 311 Cr on account of flooring segment clocking 8.3% margins.This lead to overall PAT of 200Cr up 23% Q-o-Q beating our est of 159 Cr by 26%. 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.

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