*Kitex Garments Ltd.* | *CMP* Rs. 269 | *M Cap* Rs. 1789 Cr | *52 W H/L* 280/91
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 202.9 Cr (13.9% QoQ, 67.8% YoY) vs QoQ Rs. 178.1 Cr, YoY Rs. 120.9 Cr
EBIDTA came at Rs. 49.2 Cr (29.1% QoQ, 75.4% YoY) vs QoQ Rs. 38.1 Cr, YoY Rs. 28.1 Cr
EBITDA Margin came at 24.2% vs QoQ 21.4%, YoY 23.2%
Adj. PAT came at Rs. 34.7 Cr vs QoQ Rs. 25.7 Cr, YoY Rs. 15.5 Cr
Quarter EPS is Rs. 5.2
Stock is trading at P/E of 20.1x TTM EPS