Tata Global - Q1 FY14 Result First Cut - Microsec

Tata Global Beverages Ltd Consolidated Net Sales increased by 5% YOY to INR1813 crore YOY and its EBITDA increased by 15% YOY to INR207 crore. EBITDA Margin of the company increased from 10.5% to 11.4% YOY. Adjusted Consolidated PAT increased by 8% YOY to INR90 crore but was down by 6% QOQ. PAT incl EO increased by 44% YOY to INR112 crore.

At the CMP of INR154, the stock is trading at a P/E of 22x on its FY14E EPS of INR7.0.

Source : Equity Bulls

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