La Opala RG - Q4 FY13 Result - First Cut - Microsec

La Opala RG LTD Net Sales increased by 31% YOY to INR39.9 crore YOY and its EBITDA increased by 91% YOY to INR11.6 crore. EBITDA Margin of the company increased from 20.0% to 29.2% YOY. PAT increased by 99% YOY to INR6.3 crore.

FY13 Annual Result

In FY13, the company's Net Sales increased by 34% YOY to INR153.9 crore YOY and its EBITDA increased by 53% YOY to INR41.2 crore. EBITDA Margin of the company increased from 23.3% to 26.8% YOY. PAT increased by 82% YOY to INR22.9 crore.

We had Recommended the stock in our Small & Midcap Picks Research Report dated 07Spe 2012 at the level of INR127 and since then the stock has gone up ~200% in 8months. The stock has surpassed all our estimates. At the CMP of INR380 the stock is trading at a P/E of 17.6x on its FY13 EPS of INR21.58. We advise the investors to book part profit at the current level.

Source : Equity Bulls

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