External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

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

Mahindra Logistics Ltd / Equity Bottom-Up

Mahindra Logistics Limited provides logistic services. The Company offers people transportation, warehousing, distribution, brokerage, supply chain management, freight forwarding, e-commerce, engineering, auto outbound, transport management systems, and technology services. Mahindra Logistics serves customers in India.

<ul><li>Motilal Oswal's research report onMahindra Logistics Mahindra Logistics (MLL)’s 4QFY24 revenue grew by 14% YoY to INR14.5b (in line).</li><li>EBITDA margin came in at 3.9% (in line), down 100bp YoY and up 20bp QoQ.</li><li>EBITDA decreased 11% YoY to INR566m (in line).</li></ul>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.

Motilal Oswal's research report onMahindra Logistics Mahindra Logistics (MLL)’s 4QFY24 revenue grew by 14% YoY to INR14.5b (in line).EBITDA margin came in at 3.9% (in line), down 100bp YoY and up 20bp QoQ.EBITDA decreased 11% YoY to INR566m (in line).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.

Cyient Limited provides engineering services, data analytics, and data, networks and operations solutions. The Company offers its services to the aerospace and defense, energy, heavy machinery, consumer, medical utility, communications, semiconductor, and transportation industries around the world.

<ul><li>Motilal Oswal's research report onCyient DLM Cyient DLM (CYIENTDL) reported another quarter of strong revenue growth.</li><li>Its revenue jumped 30% YoY in 4QFY24, fueled by significant traction from the Defense (+78% YoY) and Aerospace (+52% YoY) verticals.</li><li>However, EBITDA margin contracted 100bp YoY to 10.5%, primarily due to the increase in SG&amp;A expenses.</li></ul>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.

Motilal Oswal's research report onCyient DLM Cyient DLM (CYIENTDL) reported another quarter of strong revenue growth.Its revenue jumped 30% YoY in 4QFY24, fueled by significant traction from the Defense (+78% YoY) and Aerospace (+52% YoY) verticals.However, EBITDA margin contracted 100bp YoY to 10.5%, primarily due to the increase in SG&amp;A expenses.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.

Cyient DLM - Revenue Growth Remains Strong

Sun Pharmaceutical Industries / Equity Bottom-Up

Sun Pharmaceutical Industries Limited manufactures and markets pharmaceuticals for domestic and international distribution. The Company's pharmaceutical portfolio includes drugs in the areas of diabetes, cardiology, neurology, psychiatry and  gastroenterology.

<ul><li>Motilal Oswal's research report onSun Pharma In this note, we explored the specialty pipeline of SUNP, examining products under development, the commercialized portfolio, and the competitive dynamics within each segment.</li><li>The overall R&amp;D expenditure is expected to increase by 33% YoY in FY24 and maintain an 18% CAGR over FY24-26 to support clinical development of certain assets.</li><li>Despite some delays in the clinical trial processes of Ilumya (additional indication), MM-II, and GL0034, the innovative/discovery pipeline continues to be the most promising within the India listed space.</li></ul>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.

Motilal Oswal's research report onSun Pharma In this note, we explored the specialty pipeline of SUNP, examining products under development, the commercialized portfolio, and the competitive dynamics within each segment.The overall R&amp;D expenditure is expected to increase by 33% YoY in FY24 and maintain an 18% CAGR over FY24-26 to support clinical development of certain assets.Despite some delays in the clinical trial processes of Ilumya (additional indication), MM-II, and GL0034, the innovative/discovery pipeline continues to be the most promising within the India listed space.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.

Sun Pharma - ‘Specialty’ Way of Driving Growth Prospects

Shriram Finance Limited provides consumer finance services. The Company offers automobile, commercial vehicle, business, and gold loan services. Shriram Finance serves customers in India.

<ul><li>Motilal Oswal's research report onShriram Finance Shriram Finance (SHFL), the merged entity of Shriram Transport Finance (SHTF) and Shriram City Union Finance (SCUF), has emerged as a stronger player in all its product segments.</li><li>With a more diversified AUM mix and better access to liabilities, SHFL is effectively driving cross-selling of non-vehicle products to its customers.</li><li>Outlook The merged entity, in our view, has emerged stronger than the respective standalone businesses of SHTF and SCUF.</li></ul>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.

Motilal Oswal's research report onShriram Finance Shriram Finance (SHFL), the merged entity of Shriram Transport Finance (SHTF) and Shriram City Union Finance (SCUF), has emerged as a stronger player in all its product segments.With a more diversified AUM mix and better access to liabilities, SHFL is effectively driving cross-selling of non-vehicle products to its customers.Outlook The merged entity, in our view, has emerged stronger than the respective standalone businesses of SHTF and SCUF.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.

Shriram Finance - Diversification and Strong Execution Boost Growth Outlook

Page Industries Limited develops, produces, and distributes branded underwear for men, women, and children in India and Sri Lanka.

<ul><li>Motilal Oswal's research report onPage Industries PAGE continues to experience a weakness in growth amid subdued demand in the apparel industry.</li><li>Weak demand has resulted in excess inventory at channel partners.</li><li>Management is taking several initiatives to optimize channel inventory.</li></ul>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.

Motilal Oswal's research report onPage Industries PAGE continues to experience a weakness in growth amid subdued demand in the apparel industry.Weak demand has resulted in excess inventory at channel partners.Management is taking several initiatives to optimize channel inventory.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.

Page Industries - All Eyes on Inventory Liquidation; the Moat Remains Unchanged

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.

Motilal Oswal
External broker reports(aggregated public sources)
• Motilal Oswal Financial Services Limited

Mahindra Logistics - In-Line Performance

Motilal Oswal's research report onMahindra Logistics Mahindra Logistics (MLL)’s 4QFY24 revenue grew by 14% YoY to INR14.5b (in line).

Motilal Oswal

Cyient DLM - Revenue Growth Remains Strong

Motilal Oswal's research report onCyient DLM Cyient DLM (CYIENTDL) reported another quarter of strong revenue growth. Its revenue jumped 30% YoY in...

Motilal Oswal

Sun Pharma - ‘Specialty’ Way of Driving Growth Prospects

The overall R&D expenditure is expected to increase by 33% YoY in FY24 and maintain an 18% CAGR over FY24-26 to support clinical development of...

Motilal Oswal

Shriram Finance - Diversification and Strong Execution Boost Growth Outlook

With a more diversified AUM mix and better access to liabilities, SHFL is effectively driving cross-selling of non-vehicle products to its customers.

Motilal Oswal

Page Industries - All Eyes on Inventory Liquidation; the Moat Remains Unchanged

Motilal Oswal's research report onPage Industries PAGE continues to experience a weakness in growth amid subdued demand in the apparel industry.

Motilal Oswal