*Emami Ltd.* | *CMP* Rs. 326 | *M Cap* Rs. 14791 Cr | *52 W H/L* 470/246
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 660.1 Cr (1.8% QoQ, 5.1% YoY) vs expectation of Rs. 659.9 Cr, QoQ Rs. 648.6 Cr, YoY Rs. 628 Cr
EBIDTA came at Rs. 193 Cr (43.9% QoQ, 1.9% YoY) vs expectation of Rs. 190.3 Cr, QoQ Rs. 134.1 Cr, YoY Rs. 189.4 Cr
EBITDA Margin came at 29.2% vs expectation of 28.8%, QoQ 20.7%, YoY 30.2%
Adj. PAT came at Rs. 96 Cr vs expectation of Rs. 114.9 Cr, QoQ Rs. 39.3 Cr, YoY Rs. 82.7 Cr
Quarter EPS is Rs. 2.1
Share is trading at P/E of 27.8x FY20E EPS