Star Cement Ltd's Q4FY18 consolidated net profit declines 14.9% yoy to Rs108.8cr

India Infoline Research Team | May 17, 2018 16:55 IST

The company’s consolidated revenue stood at Rs527.4cr, up 10.1% yoy and 39.8% qoq.

Star Cement Ltd Q4FY18

Consolidated Results Q4FY18: (Rs. in cr)

Q4FY18 YoY (%)
Revenue 527.4 10.1
EBITDA 144.4 [14.7]
EBITDA Margin (%) 27.4 [795]
Net Profit (adjusted) 108.8 [14.9]
***EBITDA margin change is bps
View

Buy

Reco. Price

126

Last updated on

14-May-2018


Star Cement reported disappointing set of numbers for Q4FY18. The revenue (net of excise duty) grew by 10.1% yoy to Rs527.4cr. However, on account of high power and freight cost, there was significant rise in total other expense leading to 14.7% yoy decline in the EBITDA. EBITDA margin, thus contracted by 795bps yoy to 27.4%. Further, higher depreciation offset the saving on interest outgo, resulting in PAT decline of 14.9% yoy to Rs108.8cr.   

Technical View:

Star Cement Ltd is currently trading at Rs. 130.95, up by 5.5 points or 4.38% from its previous closing of Rs. 125.45 on the BSE.
The scrip opened at Rs. 128 and has touched a high and low of Rs. 132 and Rs. 125.50 respectively. So far 73,502 (NSE+BSE) shares were traded on the counter. The stock is currently trading below its 100 DMA.


***Note: This is a NSE Chart

 

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