*Symphony Ltd.* | *CMP* Rs. 1058 | *M Cap* Rs. 7405 Cr | *52 W H/L* 1530/811
(Nirmal Bang Retail Research)
*Result is broadly in-line with expectations*
Revenue from Operations came at Rs. 220 Cr (-4.3% QoQ, 15.2% YoY) vs expectation of Rs. 175.3 Cr, QoQ Rs. 230 Cr, YoY Rs. 191 Cr
EBIDTA came at Rs. 39 Cr (290% QoQ, 44.4% YoY) vs expectation of Rs. 36.2 Cr, QoQ Rs. 10 Cr, YoY Rs. 27 Cr
EBITDA Margin came at 17.7% vs expectation of 20.7%, QoQ 4.3%, YoY 14.1%
Adj. PAT came at Rs. 30 Cr vs expectation of Rs. 28.1 Cr, QoQ Rs. 6 Cr, YoY Rs. 23 Cr
Quarter EPS is Rs. 4.3
Share is trading at P/E of 33.8x FY23E EPS