Visit http://indiaer.blogspot.com/ for complete details TVS Motor Company Ltd (TVSM) - Q2FY11 Result expectation
We expect TVSM to report strong performance driven by a 33% YoY (13% QoQ)
growth in volumes. We expect EBIDTA margins to improve by 140 bps YoY and 50
bps QoQ. Key things to watch out for (1) demand for new products – Wego and Jive
(2) export targets and (3) status of Indonesian business
Net sales are expected to grow by 40.2% YoY and 13.8% QoQ to Rs 15.8bn.
EBITDA is expected to grow by 74.3% YoY and 21.1% QoQ to Rs 1.1bn
EBIDTA margin is likely to improve by 140 bps YoY and 50bps sequentially to
6.9%
APAT is expected to grow by 111.2% YoY and 30.5% QoQ to Rs 526mn..
No comments:
Post a Comment