Arvind Ltd. | CMP Rs. 47 | M Cap Rs. 1207 Cr | 52 W H/L 126/42
(Nirmal Bang Retail Research)
Result is above expectations
Revenue from Operations came at Rs. 1962.2 Cr (3.5% QoQ, 9.4% YoY) vs expectation of Rs. 1892.7 Cr, QoQ Rs. 1896.5 Cr, YoY Rs. 1792.9 Cr
EBIDTA came at Rs. 195 Cr (26.3% QoQ, 7% YoY) vs expectation of Rs. 167.1 Cr, QoQ Rs. 154.4 Cr, YoY Rs. 182.3 Cr
EBITDA Margin came at 9.9% vs expectation of 8.8%, QoQ 8.1%, YoY 10.2%
Adj. PAT came at Rs. 43.2 Cr vs expectation of Rs. 43.7 Cr, QoQ Rs. 30.3 Cr, YoY Rs. 86 Cr
Quarter EPS is Rs. 1.7
Share is trading at P/E of 4.6x FY20E EPS