*SKF India Ltd.* | *CMP* Rs. 3126 | *M Cap* Rs. 15454 Cr | *52 W H/L* 3440/1463
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 966.4 Cr (39.3% QoQ, 37.4% YoY) vs QoQ Rs. 693.5 Cr, YoY Rs. 703.2 Cr
EBIDTA came at Rs. 159.8 Cr (40.4% QoQ, 74% YoY) vs QoQ Rs. 113.8 Cr, YoY Rs. 91.8 Cr
EBITDA Margin came at 16.5% vs QoQ 16.4%, YoY 13.1%
Adj. PAT came at Rs. 117.6 Cr vs QoQ Rs. 79.1 Cr, YoY Rs. 65 Cr
Quarter EPS is Rs. 23.8
Share is trading at P/E of 34.1x FY23E EPS