Chambal Fertilisers & Chemicals Ltd's Q3FY19 standalone net profit rises 2.8% yoy to Rs153.02cr: Beats Estimates

The company’s standalone revenue in the quarter stood at Rs2,807.21cr, up 20.5% yoy and 12.92% qoq.

Jan 31, 2019 06:01 IST India Infoline Research Team

Chambal Fertilisers & Chemicals Ltd Q3FY19

Standalone Results Q3FY19: (in Rs cr)

Q3FY19 YoY (%)
Revenue 2,807.21 20.5
EBITDA 358.12 20.8
EBITDA Margin (%) 12.8 4
Net Profit (adjusted) 153.02 2.8
***EBITDA margin change is bps
Chambal Fertilizers and Chemicals Ltd's revenue for Q3FY19 came in at Rs2,807.2cr, up 20.5% yoy. The company's operating profit in the quarter increased 20.8% yoy to Rs358.12cr. EBITDA margin remained flat at 12.8% in Q3FY19 as compared to the corresponding period of the previous fiscal. The adjusted net profit after tax (excluding discontinued operations) stood at Rs153.02cr during Q3FY19 vs Rs148.9cr during Q3FY18. The revenue, EBITDA, and net profit beat the consensus estimates of Rs2,603cr, Rs145cr and Rs42cr by 8%, 68%, and 38%, respectively.

Technical View:

Chambal Fertilisers & Chemicals Ltd ended at Rs176.75, up 7.2 points, or 4.25%, from its previous close of Rs169.55 on the BSE. The scrip opened at Rs171.30 and touched a high and low of Rs179.35 and Rs171, respectively. A total of 5,38,815 (NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200-DMA.

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