*Excel Industries Ltd.* | *CMP* Rs. 950 | *M Cap* Rs. 1194 Cr | *52 W H/L* 1289/776
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 230.9 Cr (-0.4% QoQ, 25.7% YoY) vs QoQ Rs. 231.9 Cr, YoY Rs. 183.7 Cr
EBIDTA came at Rs. 28.4 Cr (-12.6% QoQ, -1% YoY) vs QoQ Rs. 32.5 Cr, YoY Rs. 28.7 Cr
EBITDA Margin came at 12.3% vs QoQ 14%, YoY 15.6%
Adj. PAT came at Rs. 17.1 Cr vs QoQ Rs. 21.4 Cr, YoY Rs. 16.6 Cr
Quarter EPS is Rs. 13.6
Share is trading at P/E of 14.1x TTM EPS