Madras Cements is expected to post its 4QFY2013 results today. We expect the top-line to grow by 19.1% yoy to Rs. 1,086cr. OPM is expected to increase by 96bp yoy to 22.8%. Bottom-line is expected to decline by 6.3% yoy to Rs. 93cr.
We maintain a Neutral rating on the stock.
