Margin misses estimates… • Graphite India :: ICICI Securities, pdf link

Please Share::

�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->
Margin misses estimates…
• Graphite India (GIL) reported a mixed set of numbers for Q2FY15
wherein the topline was higher than our estimates. However, the
EBITDA and PAT were lower than our estimates
• Total operating income for Q2FY15 came in at | 397.3 crore, up 7.3%
QoQ but down 9.9% YoY (our estimate: | 359.1 crore)
• The EBITDA came in at | 39.8 crore, up 5.9% QoQ but down 51.3%
YoY and also lower than our estimate of | 43.4 crore. The EBITDA
margin came in at 10% lower than our estimate: 12.1%
• The consequent PAT came in at | 20.1 crore, down 26.9% QoQ and
54.9% YoY. It was also lower than our estimate of | 29.8 crore. PAT
came in lower on account of higher operating cost

LINK
http://content.icicidirect.com/mailimages/IDirect_GraphiteIndia_Q2FY15.pdf