*Mangalam Cement Ltd.* | *CMP* Rs. 429 | *M Cap* Rs. 1145 Cr | *52 W H/L* 544/193
(Nirmal Bang Retail Research)
*Result below Expectation*
Revenue from Operations came at Rs. 375.7 Cr (5.7% QoQ, 17.2% YoY) vs expectation of Rs. 335.5 Cr, QoQ Rs. 355.5 Cr, YoY Rs. 320.7 Cr
EBIDTA came at Rs. 37.7 Cr (-54.2% QoQ, -31.6% YoY) vs expectation of Rs. 60.1 Cr, QoQ Rs. 82.3 Cr, YoY Rs. 55.2 Cr
EBITDA Margin came at 10% vs expectation of 17.9%, QoQ 23.2%, YoY 17.2%
Adj. PAT came at Rs. 11.1 Cr vs expectation of Rs. 28.1 Cr, QoQ Rs. 39.9 Cr, YoY Rs. 21.3 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 6.1x FY23E EPS