*Mazagon Dock Shipbuilders Ltd.* | *CMP* Rs. 317 | *M Cap* Rs. 6394 Cr | *52 W H/L* 321/171
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 1570.1 Cr (29.3% QoQ, 42.8% YoY) vs QoQ Rs. 1214.2 Cr, YoY Rs. 1099.6 Cr
EBIDTA came at Rs. 85.2 Cr (21.2% QoQ, 17.3% YoY) vs QoQ Rs. 70.3 Cr, YoY Rs. 72.6 Cr
EBITDA Margin came at 5.4% vs QoQ 5.8%, YoY 6.6%
Adj. PAT came at Rs. 131 Cr vs QoQ Rs. 115.6 Cr, YoY Rs. 125.9 Cr
Quarter EPS is Rs. 6.5
Share is trading at P/E of 8.1x FY23E EPS