*Kirloskar Ferrous Industries Ltd.* | *CMP* Rs. 261 | *M Cap* Rs. 3594 Cr | *52 W H/L* 314/83
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 958.4 Cr (16.5% QoQ, 97.1% YoY) vs QoQ Rs. 822.8 Cr, YoY Rs. 486.2 Cr
EBIDTA came at Rs. 186.2 Cr (-12% QoQ, 70% YoY) vs QoQ Rs. 211.5 Cr, YoY Rs. 109.5 Cr
EBITDA Margin came at 19.4% vs QoQ 25.7%, YoY 22.5%
Adj. PAT came at Rs. 119.9 Cr vs QoQ Rs. 139.5 Cr, YoY Rs. 65.6 Cr
Quarter EPS is Rs. 8.7
Share is trading at EV/EBITDA of 5.98x FY23E EBITDA