TTK Prestige - Q4 FY13 Result First Cut - Microsec

TTK Prestige Net Sales increased by 22% YOY to INR283 crore YOY and its EBITDA increased by 36% YOY to INR43 crore. EBITDA Margin of the company increased from 13.6% to 15.2% YOY. PAT increased by 42% YOY to INR28 crore.

FY13 Annual Result

In FY13, the company's Net Sales increased by 23% YOY to INR1358 crore YOY and it's EBITDA increased by 19% YOY to INR204 crore. EBITDA Margin of the company decreased from 15.5% to 15.0% YOY. PAT increased by 17% YOY to INR133 crore.

At the CMP of INR3445, the stock is trading at a P/E of 29.2x on its adjusted FY13 EPS of IN117.6. We maintain Accumulate at the current level.

Source : Equity Bulls

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