EMS Industry Check - Unlocking The Power Of Continuous Growth: Motilal Oswal

The brokerage expects earnings growth momentum in the EMS industry to accelerate, led by a strong execution of the growing order book from existing and new end-user industries.

Close view of a printed circuit board. (Photo: Magnus Engo/ Unsplash)

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Motilal Oswal Report

India's electronics manufacturing services industry is witnessing a strong revenue growth trajectory, primarily driven by healthy industry demand, the addition of new segments and onboarding of new customers, increasing domestic manufacturing, import substitution, and global partnerships.

In this report, we discuss the healthy revenue growth visibility within the sector and the scope to improve margin, leading to a strong earnings growth trajectory.

Our coverage universe includes Kaynes Technology, Avalon Technologies, Syrma SGS Technology, Cyient DLM, Data Patterns, Dixon Technologies, and Amber Enterprises.

Click on the attachment to read the full report:

Motilal Oswal EMS Industry Update.pdf
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Also Read: IT Services - Charting The Path To Revival; Motilal Oswal's Thematic View

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