*Supreme Industries Ltd.* | *CMP* Rs. 2368 | *M Cap* Rs. 30080 Cr | *52 W H/L* 2679/1379
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 1928.5 Cr (43.7% QoQ, 40.3% YoY) vs expectation of Rs. 1893.6 Cr, QoQ Rs. 1342.1 Cr, YoY Rs. 1374.8 Cr
EBIDTA came at Rs. 310.8 Cr (40% QoQ, 21.5% YoY) vs expectation of Rs. 348.4 Cr, QoQ Rs. 222 Cr, YoY Rs. 255.9 Cr
EBITDA Margin came at 16.1% vs expectation of 18.4%, QoQ 16.5%, YoY 18.6%
Adj. PAT came at Rs. 228.7 Cr vs expectation of Rs. 261.2 Cr, QoQ Rs. 170.2 Cr, YoY Rs. 175 Cr
Quarter EPS is Rs. 18
Share is trading at P/E of 32.7x FY23E EPS