NLC India Ltd's Q4FY18 standalone net profit declines 38.4% yoy to Rs1,007cr

The company’s standalone revenue stood at Rs2,543cr, down 10.3% yoy but up 49% qoq

May 28, 2018 02:05 IST India Infoline Research Team

Neyveli Lignite Corporation Ltd Q4FY18

Standalone Results Q4FY18: (Rs. in cr)

Q4FY18 YoY (%)
Revenue 2,543 [10.3]
EBITDA 879 [47.0]
EBITDA Margin (%) 34.6 [2,388]
Net Profit (adjusted) 1,007 [40.6]
***EBITDA margin change is bps
View

Buy

Reco. Price

82.9

Last updated on

22-May-2018



NLC India Ltd reported de-growth for revenue and earnings in Q4FY18. Revenue fell by 10.3% yoy to Rs2,543cr. EBITDA stood at Rs879cr, down 47% yoy. EBIDTA margin fell by 2,388bps yoy to 34.6%. Adjusted Net Profit stood at Rs1,007cr down 40.6% yoy, after adjusting for exceptional items.
  • Results on Consolidated level for FY18 stood at:
    • Revenue – Rs11,288cr, up 0.9% yoy
    • EBITDA – Rs4,013cr, down 5.8% yoy
    • Adjusted Net Profit – Rs1,916cr, down 27.6% yoy
  • Revenue on a standalone level was impacted by Rs783cr, due to the company surrendering 2,566mn units of power.
  • The Regulatory Deferral Balances net amount considered for FY18 and Q4FY18 stood at Rs521.4cr and Rs77.9cr respectively.

Technical View:

NLC India Ltd ended at Rs. 85.85, up by 3.35 points or 4.06% from its previous closing of Rs. 82.50 on the BSE.
The scrip opened at Rs. 83.35 and touched a high and low of Rs. 86.85 and Rs. 83.35 respectively. A total of 2,74,196 (NSE+BSE) shares were traded on the counter. The stock traded above its 200 DMA.

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