Cera Sanitaryware announced its Q1 FY13 results on 11July 2012. The company’s Net Sales increased by 40% YOY to INR90.5 crore and EBITDA increased by 29% to INR15.6 crore . EBITDA Margin of the company decreased from 18.8% to 17.3% YOY. PAT of the company increased by 34% YOY to INR9.2 crore. At the CMP of INR289, the stock discounts its FY13E EPS of INR31.5 by 9.2x.
��
DESCRIPTION
|
Jun-12
|
Mar-12
|
Jun-11
|
QOQ
|
YOY
|
Net Sales
|
90.5
|
100.2
|
64.6
|
-10%
|
40%
|
Total Expenditure
|
74.9
|
84.3
|
52.5
| ||
PBIDT (Excl OI)
|
15.6
|
16.0
|
12.1
|
-2%
|
29%
|
EBITDA (%)
|
17.3%
|
15.9%
|
18.8%
| ||
Other Income
|
1.6
|
1.9
|
0.9
| ||
Operating Profit
|
17.2
|
17.9
|
13.1
| ||
Interest
|
1.2
|
1.2
|
0.7
| ||
PBDT
|
16.0
|
16.7
|
12.3
| ||
Depreciation
|
2.2
|
2.2
|
1.9
| ||
PBT
|
13.8
|
14.6
|
10.5
| ||
Tax
|
4.6
|
5.3
|
3.6
| ||
Profit After Tax
|
9.2
|
9.3
|
6.9
|
-1%
|
34%
|
PAT (%)
|
10.2%
|
9.3%
|
10.7%
| ||
Equity Capital
|
6.33
|
6.33
|
6.33
| ||
Face Value (In Rs)
|
5.00
|
5.00
|
5.00
| ||
No. of shares
|
1.27
|
1.27
|
1.27
| ||
EPS
|
7.30
|
7.34
|
5.45
|
-1%
|
34%
|
Regards,
Team Microsec Research
No comments:
Post a Comment