*Computer Age Management Services Ltd.* | *CMP* Rs. 2997 | *M Cap* Rs. 14633 Cr | *52 W H/L* 4067/1260
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 227.6 Cr (13.1% QoQ, 33% YoY) vs expectation of Rs. 219.1 Cr, QoQ Rs. 201.2 Cr, YoY Rs. 171.1 Cr
EBIDTA came at Rs. 105.7 Cr (13.8% QoQ, 43.2% YoY) vs expectation of Rs. 107.4 Cr, QoQ Rs. 92.9 Cr, YoY Rs. 73.8 Cr
EBITDA Margin came at 46.5% vs expectation of 49%, QoQ 46.2%, YoY 43.1%
Adj. PAT came at Rs. 72.6 Cr vs expectation of Rs. 73.9 Cr, QoQ Rs. 63.2 Cr, YoY Rs. 49 Cr
Quarter EPS is Rs. 14.9
Share is trading at P/E of 46.7x FY23E EPS
It's a buy for long term having monopoly in its industry.