BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
With 17%/52% YoY revenue/profit after tax growth, Lux Industries Ltd. ended FY21 on a sound footing.
Driven by greater profitability and better working capital, free cash flow jumped ~135% YoY.
In the year, market-share gains continued with a ~15% market share in organised men’s innerwear.
On its profitable growth trajectory, we are upbeat on the company’s long-term growth prospects for its strong brand equity, launches and long-standing operations in innerwear.
Its merger will unlock synergies to further propel growth.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.