Thermax - Q3 FY2013 Results - First Cut - Microsec

Thermax Ltd announced its Q3 FY13 results on 31 Jan 2013.

The company's total income decreased by 18% YOY to 1047 crore and EBITDA decreased by 17% YOY to INR112 crore. EBITDA Margin of the company remains flat at 10.7% YOY. PAT of the company decreased by 20% YOY to INR76 crore. The Order book of the group stood at 5191 crore VS 5809 crore YOY. Thermax Limited more than doubled its order intake at Rs. 1284 crore as against Rs. 590 crore for the same quarter in the previous year.

At the CMP of INR570, the stock discounts its FY13E EPS of INR27.6 by 20x.

Source : Equity Bulls

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