*Sanghi Industries Ltd.* | *CMP* Rs. 68 | *M Cap* Rs. 1704 Cr | *52 W H/L* 85/28
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 211.4 Cr (-25% QoQ, 23% YoY) vs QoQ Rs. 281.9 Cr, YoY Rs. 171.8 Cr
EBIDTA came at Rs. 39.9 Cr (-39.6% QoQ, 10.3% YoY) vs QoQ Rs. 66.1 Cr, YoY Rs. 36.2 Cr
EBITDA Margin came at 18.9% vs QoQ 23.4%, YoY 21.1%
Adj. PAT came at Rs. 4.4 Cr vs QoQ Rs. 22.3 Cr, YoY Rs. 4.1 Cr
Quarter EPS is Rs. 0.2
Share is trading at EV/EBITDA of 8.8x FY23E EBITDA