*Astec Lifesciences Ltd.* | *CMP* Rs. 1232 | *M Cap* Rs. 2413 Cr | *52 W H/L* 1530/908
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 102.6 Cr (-20.3% QoQ, -33.8% YoY) vs QoQ Rs. 128.7 Cr, YoY Rs. 155 Cr
EBIDTA came at Rs. 21.1 Cr (-14.5% QoQ, -28.5% YoY) vs QoQ Rs. 24.7 Cr, YoY Rs. 29.5 Cr
EBITDA Margin came at 20.6% vs QoQ 19.2%, YoY 19%
Adj. PAT came at Rs. 9.1 Cr vs QoQ Rs. 13 Cr, YoY Rs. 17.9 Cr
Quarter EPS is Rs. 4.6
Share is trading at P/E of 24.2x FY23E EPS