*Sumitomo Chemical India Ltd.* | *CMP* Rs. 388 | *M Cap* Rs. 19367 Cr | *52 W H/L* 460/265
(Nirmal Bang Retail Research)
*Result is marinaly below expectations*
Revenue from Operations came at Rs. 910.4 Cr (16.4% QoQ, 0.9% YoY) vs expectation of Rs. 995.7 Cr, QoQ Rs. 782 Cr, YoY Rs. 902 Cr
EBIDTA came at Rs. 214.7 Cr (43.3% QoQ, -1.9% YoY) vs expectation of Rs. 226.3 Cr, QoQ Rs. 149.8 Cr, YoY Rs. 218.9 Cr
EBITDA Margin came at 23.6% vs expectation of 22.7%, QoQ 19.2%, YoY 24.3%
Adj. PAT came at Rs. 154.2 Cr vs expectation of Rs. 161.2 Cr, QoQ Rs. 105.7 Cr, YoY Rs. 157.8 Cr
Quarter EPS is Rs. 3.1
Share is trading at P/E of 37.8x FY23E EPS