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Research
Simplex Infra - (CMP/TP: Rs. 87/-) (Rating: Neutral) - 3QFY2014 expectations - Angel Broking
Posted On : 2014-01-05 04:15:08( TIMEZONE : IST )
Simplex Infrastructures (Simplex Infra) is expected to post a decent performance on the revenue front as we expect its top-line to come in at Rs. 1,497cr, registering a growth of 10.7% yoy for 3QFY2014. We expect the EBITDA margin to increase by 40bp to 10.0%. The bottom-line is expected to post a growth of 45.9% yoy to Rs. 18cr for the quarter. This is mainly on account of higher-than-expected operating performance and low base of 3QFY2013.
