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Net Sales are expected to increase by 10 percent Y-o-Y (down 11.1 percent Q-o-Q) to Rs. 2,411 crore, according to Sharekhan.
Net Sales are expected to increase by 8.2 percent Y-o-Y (down 12.6 percent Q-o-Q) to Rs. 2,371.6 crore, according to ICICI Direct.
From a valuation standpoint, Crompton trades at a significant discount to Havells and offers a favourable risk-reward ratio on a relative basis.
Net Sales are expected to increase by 12 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,907.5 crore, according to ICICI Direct.
The demand slowdown and delayed summer impacted Lloyd business that resulted in weak earnings
Net Sales are expected to increase by 14.9 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs. 2,913.1 crore, according to ICICI Direct.
Revenue growth was extremely robust & broad-based, but margin was weak though outlook is for a sharp recovery, said HSBC which expects strong earnings growth momentum to continue in FY20/21
Net Sales are expected to increase by 17.9 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,316.9 crore, according to ICICI Direct.
Given its strong positioning, we recommend accumulating the stock during corrections
Net Sales are expected to increase by 15.8 percent Y-o-Y (down 20.7 percent Q-o-Q) to Rs. 2,060 crore, according to HDFC Securities.
While the volumes will continue to grow at a healthy pace due to shorter replacement cycles (reduction in warranty period) and deeper market penetration, the margins will certainly suffer on account of reduction in selling prices.
Consumption sectors (FMCG, durables, autos), though on a soft base, post noticeable volume growth for a consecutive quarter.
Net Sales are expected to increase by 37.3 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 2,550 crore, according to HDFC.
A rise in crude oil prices have also impacted the pricing in the home appliances space, weakening consumer demand
The management has stepped up its investments in IT infrastructure. It has completed more than 200 IT projects in the past 2 years to bring in business efficiencies across departments.
The consumer durable market offers immense growth potential as penetration levels of even the most basic electronic goods are in low double-digits
Havells is progressively diversifying its product portfolio by adding new products (added water purification and personal grooming in FY18) and also gaining market share from its competitors across segments and products.
Net Sales are expected to increase by 44.1 percent Y-o-Y (up 25.4 percent Q-o-Q) to Rs. 2,464.9 crore, according to ICICI Direct.