*Thirumalai Chemicals Ltd.* | *CMP* Rs. 256 | *M Cap* Rs. 2624 Cr | *52 W H/L* 357/81
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 541.2 Cr (13.4% QoQ, 70.3% YoY) vs QoQ Rs. 477.1 Cr, YoY Rs. 317.8 Cr
EBIDTA came at Rs. 115.9 Cr (39.3% QoQ, 58% YoY) vs QoQ Rs. 83.2 Cr, YoY Rs. 73.4 Cr
EBITDA Margin came at 21.4% vs QoQ 17.4%, YoY 23.1%
Adj. PAT came at Rs. 75.5 Cr vs QoQ Rs. 50.6 Cr, YoY Rs. 36.6 Cr
Quarter EPS is Rs. 7.4
Stock is trading at P/E of 9.5x TTM EPS