M&M
Revenue: 66.7% Up YoY at 1,96,126. 14.5% up QoQ
EBIDTA: 43.5% up YoY at 23,410. 20.3% up QoQ
PBT: 58.3% up YoY at 17,882. 13.7% up QoQ
EPS Stands 12.2 Vs 7.2 YoY
Key updates
*Segmental revenue*
Automotive: 12,741Cr vs 6,317Cr. Amid strong back to back hits (Thar, Xuv 700)
Farm equipment: 8,428Cr vs 7,189Cr Amid strong Rabi harvesting and good monsoon
Financial services: 2,877Cr vs 2530Cr YoY. Asset quality focus continues … Disbursements on rise
*Increase in Digital penetration*
72% of the first 25k Scorpio-N booked online
Strong Demand and Booking Pipeline: 140k+ Open Bookings (excl Scorpio-N)
*Market Share gain: 0.9% in Farm equipments*
*#1 in SUV Revenue Market Share*
*Total booking value* of Rs.18,000 crs*
Technicals- Any retracement as of result of profit booking is a buy on dips for the levels of 1450+
Disclaimer
We are in process of SEBI Registration. Hence, please consult your Financial advisor before investing.
NISM Number: 202000089934
Revenue: 66.7% Up YoY at 1,96,126. 14.5% up QoQ
EBIDTA: 43.5% up YoY at 23,410. 20.3% up QoQ
PBT: 58.3% up YoY at 17,882. 13.7% up QoQ
EPS Stands 12.2 Vs 7.2 YoY
Key updates
*Segmental revenue*
Automotive: 12,741Cr vs 6,317Cr. Amid strong back to back hits (Thar, Xuv 700)
Farm equipment: 8,428Cr vs 7,189Cr Amid strong Rabi harvesting and good monsoon
Financial services: 2,877Cr vs 2530Cr YoY. Asset quality focus continues … Disbursements on rise
*Increase in Digital penetration*
72% of the first 25k Scorpio-N booked online
Strong Demand and Booking Pipeline: 140k+ Open Bookings (excl Scorpio-N)
*Market Share gain: 0.9% in Farm equipments*
*#1 in SUV Revenue Market Share*
*Total booking value* of Rs.18,000 crs*
Technicals- Any retracement as of result of profit booking is a buy on dips for the levels of 1450+
Disclaimer
We are in process of SEBI Registration. Hence, please consult your Financial advisor before investing.
NISM Number: 202000089934