*Schaeffler India Ltd.* | *CMP* Rs. 4100 | *M Cap* Rs. 12817 Cr | *52 W H/L* 5826/3836
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 1035.2 Cr (-7.3% QoQ, -13.1% YoY) vs expectation of Rs. 1128.2 Cr, QoQ Rs. 1116.7 Cr, YoY Rs. 1191.5 Cr
EBIDTA came at Rs. 142.8 Cr (-10.4% QoQ, -28.5% YoY) vs expectation of Rs. 167.3 Cr, QoQ Rs. 159.4 Cr, YoY Rs. 199.7 Cr
EBITDA Margin came at 13.8% vs expectation of 14.8%, QoQ 14.3%, YoY 16.8%
Adj. PAT came at Rs. 94.4 Cr vs expectation of Rs. 107.8 Cr, QoQ Rs. 82.5 Cr, YoY Rs. 129.8 Cr
Quarter EPS is Rs. 30.2
Share is trading at P/E of 27.7x FY20E EPS