*Chalet Hotels Ltd.* | *CMP* Rs. 242 | *M Cap* Rs. 4962 Cr | *52 W H/L* 269/125
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 128.4 Cr (84.7% QoQ, 118% YoY) vs expectation of Rs. 107.8 Cr, QoQ Rs. 69.5 Cr, YoY Rs. 58.9 Cr
EBIDTA came at Rs. 34.8 Cr (-506.7% QoQ, -1638.7% YoY) vs expectation of Rs. 20.5 Cr, QoQ Rs. -8.6 Cr, YoY Rs. -2.3 Cr
EBITDA Margin came at 27.1% vs expectation of 19%, QoQ -12.3%, YoY -3.8%
Adj. PAT came at Rs. -12.2 Cr vs expectation of Rs. -23.6 Cr, QoQ Rs. -40.6 Cr, YoY Rs. -41.7 Cr
Quarter EPS is Rs. -0.6
Share is trading at P/E of 64.1x FY23E EPS