*Nelco Ltd.* | *CMP* Rs. 959 | *M Cap* Rs. 2188 Cr | *52 W H/L* 959/173
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 61.2 Cr (11.1% QoQ, 15% YoY) vs QoQ Rs. 55.1 Cr, YoY Rs. 53.2 Cr
EBIDTA came at Rs. 11.5 Cr (-5.4% QoQ, 13.9% YoY) vs QoQ Rs. 12.1 Cr, YoY Rs. 10.1 Cr
EBITDA Margin came at 18.8% vs QoQ 22%, YoY 18.9%
Adj. PAT came at Rs. 3.4 Cr vs QoQ Rs. 4.4 Cr, YoY Rs. 2.2 Cr
Quarter EPS is Rs. 1.5
Share is trading at P/E of 136.1x TTM EPS