*GOKALDAS EXPORTS LTD.* | *CMP* Rs. 216 | *M Cap* Rs. 1271 Cr | *52 W H/L* 236/65
(Nirmal Bang Retail Research)
*Result Improved*
Revenue from Operations came at Rs. 443.8 Cr (84.2% QoQ, 30.3% YoY) vs QoQ Rs. 241 Cr, YoY Rs. 340.5 Cr
EBIDTA came at Rs. 46.2 Cr (299.8% QoQ, 43.7% YoY) vs QoQ Rs. 11.6 Cr, YoY Rs. 32.2 Cr
EBITDA Margin came at 10.4% vs QoQ 4.8%, YoY 9.4%
Adj. PAT came at Rs. 28.6 Cr vs QoQ Rs. -2.6 Cr, YoY Rs. 8.7 Cr
Quarter EPS is Rs. 4.9
Share is trading at P/E of 10.9x FY23E EPS