*Gujarat Fluorochemicals Ltd.* | *CMP* Rs. 2612 | *M Cap* Rs. 28693 Cr | *52 W H/L* 2874/525
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1007.5 Cr (4.5% QoQ, 58.9% YoY) vs expectation of Rs. 984.2 Cr, QoQ Rs. 964 Cr, YoY Rs. 634.2 Cr
EBIDTA came at Rs. 319 Cr (9.8% QoQ, 125% YoY) vs expectation of Rs. 298.7 Cr, QoQ Rs. 290.4 Cr, YoY Rs. 141.8 Cr
EBITDA Margin came at 31.7% vs expectation of 30.4%, QoQ 30.1%, YoY 22.4%
Adj. PAT came at Rs. 204.7 Cr vs expectation of Rs. 195.7 Cr, QoQ Rs. 207.2 Cr, YoY Rs. -480.4 Cr
Quarter EPS is Rs. 18.6
Stock is trading at P/E of 37.4x FY23E EPS