*Wabco India Ltd.* | *CMP* Rs. 7382 | *M Cap* Rs. 14002 Cr | *52 W H/L* 8196/4750
(Nirmal Bang Retail Research)
*Result inline with expectation*
Revenue from Operations came at Rs. 616.5 Cr (25.3% QoQ, 47.2% YoY) vs QoQ Rs. 491.9 Cr, YoY Rs. 418.7 Cr
EBIDTA came at Rs. 62.7 Cr (48.9% QoQ, -0.7% YoY) vs QoQ Rs. 42.1 Cr, YoY Rs. 63.2 Cr
EBITDA Margin came at 10.2% vs QoQ 8.6%, YoY 15.1%
Adj. PAT came at Rs. 32.3 Cr vs QoQ Rs. 21.4 Cr, YoY Rs. 35.1 Cr
Quarter EPS is Rs. 17
Share is trading at P/E of 38.2x FY23E EPS