ITC - Q4 FY13 Result First Cut - Microsec

ITC LTd Total Income increased by 19% YOY to INR8257 crore YOY and its EBITDA increased by 19% YOY to INR2709 crore. EBITDA Margin of the company increased marginally from 32.7% to 32.8% YOY. PAT increased by 19% YOY to INR1928 crore. Result was inline with Estimates.

Key Highlights of the Quarter

- Cigarettes Business contributed 85.2% in EBIT VS 82.7% YOY
- FMCG Business resulted in Turnaround i.e. PAT of INR12 crore Vs Loss of INR17 crore
- Hotel Business Profit dip 51% YOY

FY13 Standalone Annual Result

In FY13, the company's Total Income increased by 19% YOY to INR29901 crore YOY and it's EBITDA increased by 20% YOY to INR10628 crore. EBITDA Margin of the company increased from 35.2% to 35.5% YOY. PAT increased by 20% YOY to INR7418 crore. At the CMP of INR335, the stock is trading at a P/E of 35.6x on its adjusted FY13 EPS of INR9.4

Source : Equity Bulls

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