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MOIL Ltd - Q1FY14 Result First Cut - Microsec



Posted On : 2013-08-08 11:27:18( TIMEZONE : IST )

MOIL Ltd - Q1FY14 Result First Cut - Microsec

MOIL Ltd announced its Q1FY14 results on 7th August, 2013.

The company arrived at net sales of INR238.87 crore, which was marginally down by 1.53% on YoY basis and 10.47% down on QoQ basis. The plunge in sales was due to 46% YoY fall in manufacturing products segment (contributes just 4% to total revenue), however, saved by mining segment which saw a YoY growth of 3% (which contributes ~95% to the overall revenue). The cost control supported the EBITDA in showing a growth of 14% on YoY basis and 6.60% on QoQ basis. The company registered a net profit of INR112.02 crore, which was also up by 12.38% and 1.75% on YoY and QoQ basis.

Hence, at the CMP of INR186, the stock is trading at a P/E of 7.61x its TTM EPS of INR 24.45 per share and EV/EBITDA of 1.89x its TTM EBITDA of INR448.87 crore.

Source : Equity Bulls

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