Emami - Q2 FY13 Results - Microsec

Emami Ltd announced its Q2 FY13 results on 06 Nov 2012. The company's consolidated Net Sales increased by 16% YOY to INR361 crore and EBITDA increased by 19% YOY to INR90 crore. EBITDA Margin of the company increased from 24.2% to 24.8% YOY. PAT of the company increased by 17% YOY to INR59 crore.

At the CMP of INR574, the stock discounts its FY13E EPS of INR19.7 by 29.1x. We maintain Neutral to the stock at the current level.

Source : Equity Bulls

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