*Garden Reach Shipbuilders & Engineers Ltd.* | *CMP* Rs. 209 | *M Cap* Rs. 2394 Cr | *52 W H/L* 220/79
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 439 Cr (161.4% QoQ, 101.7% YoY) vs QoQ Rs. 168 Cr, YoY Rs. 217.7 Cr
EBIDTA came at Rs. 15.2 Cr vs QoQ Rs. -8.1 Cr, YoY Rs. -1.4 Cr
EBITDA Margin came at 3.5% vs QoQ -4.8%, YoY -0.6%
Adj. PAT came at Rs. 59 Cr vs QoQ Rs. 25.3 Cr, YoY Rs. 12.8 Cr
Quarter EPS is Rs. 5.2
Share is trading at P/E of 14.5x TTM EPS