*Asahi India Glass Ltd.* | *CMP* Rs. 579 | *M Cap* Rs. 14075 Cr | *52 W H/L* 610/256
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 829.3 Cr (4.1% QoQ, 10.2% YoY) vs QoQ Rs. 796.5 Cr, YoY Rs. 752.5 Cr
EBIDTA came at Rs. 215.6 Cr (15.4% QoQ, 23.2% YoY) vs QoQ Rs. 186.9 Cr, YoY Rs. 175 Cr
EBITDA Margin came at 26% vs QoQ 23.5%, YoY 23.3%
Adj. PAT came at Rs. 100.2 Cr vs QoQ Rs. 81.1 Cr, YoY Rs. 73.9 Cr
Quarter EPS is Rs. 4.1
Stock is trading at P/E of 39.4x FY23E EPS