Tata Cofee - Q2 FY13 Results First Cut - Microsec

Tata Coffee announced its Q2 FY13 results on 22 October 2012.

Q2 FY13 Result Analysis

The company's Consolidated Net Sales increased by 15% YOY to INR478 crore YOY and it's EBITDA increased by 118% YOY to INR88 crore. EBITDA Margin of the company increased from 9.8% to 18.5% YOY. PAT increased by 109% YOY to INR37 crore. At the CMP INR1055, the stock discounts its FY13E EPS of INR66.5 by 15.9x. We maintain Buy at the current level with a target price of INR1270 for an Investment period for 1 Yr.

Source : Equity Bulls

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