ECONOMY

Prism Johnson – Lockdown-Hit Performance In Q1; Expansion To Help: Anand Rathi

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Shrunken demand due to Covid-19 second wave hit the performance of all Prism Johnson Ltd.’s divisions in Q1 FY22.

On the low base, however, revenue/Ebitda grew 46%/334% YoY.

Expanding capacities in cement and the tile-bathroom-kitchen division would aid Prism Johnson in catering to reviving demand, in keeping debt in check and return ratios firm.

The greater share of renewable energy would help contain higher input costs.

Risks: Rise in pet-coke/diesel prices; demand slowdown.

Click on the attachment to read the full report:

Anand Rathi Prism Johnson Company Update.pdf

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