*Tinplate Company Of India Ltd.* | *CMP* Rs. 108 | *M Cap* Rs. 1130 Cr | *52 W H/L* 164/56
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 472.4 Cr (-11.5% QoQ, -35.1% YoY) vs QoQ Rs. 533.6 Cr, YoY Rs. 727.8 Cr
EBIDTA came at Rs. 54.6 Cr (33.4% QoQ, 2% YoY) vs QoQ Rs. 41 Cr, YoY Rs. 53.5 Cr
EBITDA Margin came at 11.6% vs QoQ 7.7%, YoY 7.4%
Adj. PAT came at Rs. 27.1 Cr vs QoQ Rs. 46.5 Cr, YoY Rs. 27.6 Cr
Quarter EPS is Rs. 2.6
Share is trading at P/E of 11.9x TTM EPS