Sunil Hitech Engineers Q1FY18 standalone net profit rises 23.2% yoy to Rs.13.7 crore

India Infoline Research Team | September 14, 2017 18:11 IST

Sunil Hitech Engineers Ltd Q1FY18

Standalone Results Q1FY18: (Rs. in crore)

Q1FY18 YoY (%)
Revenue 548.3 23.5
EBITDA 49.1 15.3
EBITDA Margin (%) 9 [63]
Net Profit (adjusted) 13.7 23.2
***EBITDA margin change is bps
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Reco. Price

13.7

Last updated on

08-Sep-2017


Sunil hitech Engineers standalone revenue for the quarter came in at Rs. 548.3 crore, registering 23.5% yoy increase. This was primarily driven by rise in revenue from project segments by 24% yoy.

EBITDA for the quarter rose by 15.3% yoy to Rs. 49.12 crore with a corresponding margin contraction of 63 bps. EBITDA margin for the quarter stood at 9%.
 
The PAT for the quarter came in at Rs. 13.7 crore, yoy increase of 23.2%. 


Technical View:

Sunil Hitech Engineers Ltd is currently trading at Rs. 13.33, up by 0.39 points or 3.01% from its previous closing of Rs. 12.94 on the BSE.
The scrip opened at Rs. 12.97 and has touched a high and low of Rs. 13.87 and Rs. 12.96 respectively. So far 61,67,580(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.

BSE 13.12 [0.17] ([1.28]%)
NSE 13.20 [0.05] ([0.38]%)

***Note: This is a NSE Chart

 

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