Sector Hardware Tech. & Equipment - Latest news, views and updates

SECTOR | 07 Apr 2026

Electronic Manufacturing Services Jan-Mar'26 Earnings Preview Revenue Momentum Intact, Margins Soft

Prabhudas Lilladhar

EMS universe expected to report ~26.6% YoY revenue growth in Q4FY26, led by strong execution across players. AMBER is likely to post ~19% YoY growth (dragged by single-digit growth in CD segment....

Hardware Tech. & Equipment

SECTOR | 07 Oct 2025

Electronic Manufacturing Services Jul-Sep'25 Earnings Preview EMS continues...

Hardware Tech. & Equipment

Prabhudas Lilladhar

Hardware Tech. & Equipment

SECTOR | 09 Jul 2025

Q1FY26 Earnings Preview - Power & Ancillaries

Hardware Tech. & Equipment

Axis Direct

Q1FY26 Earnings Preview - Power & Ancillaries

Hardware Tech. & Equipment

SECTOR | 04 Jul 2025

Electronic Manufacturing Services Apr-Jun'25 Earnings Preview Moderate growth,...

Hardware Tech. & Equipment

Prabhudas Lilladhar

of 50% and 30%, respectively. Profitability is set to improve sharply, with margin expansion across the board driven by increasing exposure to high- their strategic focus on higher margin sectors and orders, which should further support margin expansion in the coming quarters. We expect our EMS universe to register sales/EBITDA/PAT growth of 7.5%/73.5%/59.1% YoY in Q1FY26, on the back of robust order execution and margin improvement led by cost rationalization and increased contribution from high-margin segments. We continue our positive view on EMS companies...

Hardware Tech. & Equipment

SECTOR | 04 Apr 2025

Electronic Manufacturing Services Jan-Mar'25 Earnings Preview Robust growth...

Hardware Tech. & Equipment

Prabhudas Lilladhar

Electronics manufacturing services (EMS) companies continue to see healthy revenue growth despite a high base. In 4QFY25, we expect EMS coverage companies to see strong revenue growth on account of (1) healthy order flow and execution, (2) customer addition, (3) diversification in sector penetration, and 4) wide product portfolio. The coverage companies are focusing on higher margin orders/sectors, which is driving their operating margins. We expect our EMS universe to register sales/EBITDA/PAT growth of 38.2%/52.6%/44.0% YoY, on the back of robust order execution and margin...

Hardware Tech. & Equipment

SECTOR | 09 Jan 2025

Electronic Manufacturing Services

Hardware Tech. & Equipment

Prabhudas Lilladhar

Hardware Tech. & Equipment

SECTOR | 09 Dec 2024

Electronic Manufacturing Services

Hardware Tech. & Equipment

Prabhudas Lilladhar

Hardware Tech. & Equipment

SECTOR | 28 Jun 2024

Consumer

Hardware Tech. & Equipment

Prabhudas Lilladhar

Hardware Tech. & Equipment

SECTOR | 11 Dec 2023

Sector Update | Engineering Capital Goods

Hardware Tech. & Equipment

Edelweiss

We hosted the management of two engineering and capital goods companies in our Nuvama Emerging Ideas Conference 2023,' namely Transformers & Rectifiers (India) and Elecon Engineering Company.

Hardware Tech. & Equipment

SECTOR | 09 Dec 2023

Process Equipment | Post Conference Notes December 2023

Hardware Tech. & Equipment

Edelweiss

We hosted the management of two static process equipment companies in our Nuvama Emerging Ideas Conference 2023,' namely The Anup Engineering (ANUP) and Kilburn Engineering (KEL).