*Amber Enterprises India Ltd.* | *CMP* Rs. 3304 | *M Cap* Rs. 11132 Cr | *52 W H/L* 3789/2081
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 587.5 Cr (-17% QoQ, 44% YoY) vs expectation of Rs. 664.3 Cr, QoQ Rs. 707.9 Cr, YoY Rs. 407.9 Cr
EBIDTA came at Rs. 34.3 Cr (-18.7% QoQ, 58.8% YoY) vs expectation of Rs. 41.9 Cr, QoQ Rs. 42.2 Cr, YoY Rs. 21.6 Cr
EBITDA Margin came at 5.8% vs expectation of 6.3%, QoQ 6%, YoY 5.3%
Adj. PAT came at Rs. 7.9 Cr vs expectation of Rs. 13.9 Cr, QoQ Rs. 12.4 Cr, YoY Rs. 1.7 Cr
Quarter EPS is Rs. 2.3
Share is trading at P/E of 40.1x FY23E EPS