Quant : Slice and dice : Quarterly sectoral performance – Q3FY26 by PL Capital
? Automobiles sales grew 19.6% YoY. Gross margin contracted by 20bps YoY, while EBITDAM saw a modest improvement of 25bps YoY. PATM declined slightly, falling by 9bps YoY.
? Capital Goods sales grew a strong 21.4% YoY. Gross margin expanded by 289bps YoY, while EBITDAM improved by 187bps YoY. PATM also strengthened, rising by 184bps YoY.
? Chemicals sales grew 7.6% YoY. Gross margin improved by 69bps YoY, while EBITDAM was relatively stable with a marginal 2bps YoY uptick. PATM, however, weakened, declining by 153bps YoY.
? Construction Materials sales grew 13.2% YoY. However, gross margin contracted by 71bps YoY, and EBITDAM declined by 20bps YoY. PATM weakened sharply, falling by 476bps YoY.
? Consumer Durables sales grew 7.7% YoY. Gross margin expanded slightly by 4bps YoY, while EBITDAM improved by 16bps YoY. PATM, however, declined by 61bps YoY.
? Electricals sales rose a strong 33.9% YoY. However, gross margin contracted by 136bps YoY, and EBITDAM declined by 46bps YoY. PATM inched up by 28bps YoY.
? FMCG sales grew 10.9% YoY. However, gross margin contracted by 67bps YoY, and EBITDAM declined by 74bps YoY. PATM weakened further, falling by 118bps YoY.
? Healthcare sales grew 14.4% YoY. Gross margin improved by 71bps YoY, while EBITDAM declined by 25bps YoY. PATM weakened further, contracting by 181bps YoY.
? Metals & Mining sales grew 8.3% YoY. Gross margin improved by 77bps YoY, while EBITDAM declined by 48bps YoY. PATM strengthened, rising by 104bps YoY.
? IT sector sales grew 8.9% YoY. EBITDAM inched up by 15bps YoY. PATM, however, declined sharply by 216bps YoY.
? Logistics sales grew 16.7% YoY. EBITDAM improved sharply by 315bps YoY. PATM also increased, by 34bps YoY.
? Retail sales surged 42.1% YoY. However, gross margin contracted sharply by 359bps YoY, and EBITDAM declined by 68bps YoY. PATM also weakened, falling by 50bps YoY.
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