Indian Hume Pipe Company Q1FY18 standalone net profit declines 23% yoy

India Infoline Research Team | September 12, 2017 17:40 IST

Indian Hume Pipe Company Ltd Q1FY18

Standalone Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 577 27.4
EBITDA 43.1 [17.5]
EBITDA Margin (%) 7.5 [407]
Net Profit (adjusted) 19.9 [23.0]
***EBITDA margin change is bps
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Reco. Price

572

Last updated on

01-Sep-2017



Indian Hume Pipe' standalone revenue for the quarter came in at Rs. 577 crore, registering 27.4% yoy increase.

EBITDA for the quarter fell by 17.5% yoy to Rs. 43.1 crore with a corresponding margin contraction of 407 bps. EBITDA margin for the quarter stood at 7.5%. This margin contraction was mainly led by nearly fourfold jump in other expenses to Rs. 39.11 crore.

The PAT for the quarter came in at Rs. 19.9 crore, yoy decline of 23%.

Technical View:

Indian Hume Pipe Company Ltd is currently trading at Rs. 569.50, up by 0.75 points or 0.13% from its previous closing of Rs. 568.75 on the BSE.
The scrip opened at Rs. 570 and has touched a high and low of Rs. 574 and Rs. 562.15 respectively. So far 22,179(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.

BSE 525.70 8.25 (1.59%)
NSE 527.85 8.40 (1.62%)

***Note: This is a NSE Chart

 

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