Sunil Hitech Engineers Ltd Q4FY17
Standalone Results Q4FY17: (Rs. in crore)
|EBITDA Margin (%)||10|||
|Net Profit (adjusted)||7.1||[48.2]|
Sunil Hitech ltd standalone revenue for the quarter came in at Rs. 618.2 crore, registering 22.3% yoy increase.
EBITDA for the quarter rose by 9.7% yoy to Rs. 62.0 crore with a corresponding margin contraction of 114 bps. EBITDA margin for the quarter stood at 10%. This margin contraction was aided by adverse movements in inventories.
The PAT for the quarter came in at Rs. 7.1 crore, yoy decline of 48.2%.
Looking at the full year numbers, we see that revenue jumped by 14% to reach Rs.2089.7 crore while EBITDA rose by 11% to 229.2 crore.
Company reported net profit of Rs.47 crore, down 2% yoy
Sunil Hitech Engineers Ltd ended at Rs. 14.38, down by 0.27 points or 1.84% from its previous closing of Rs. 14.65 on the BSE.
The scrip opened at Rs. 15.05 and touched a high and low of Rs. 15.05 and Rs. 14 respectively. A total of 2974607(NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.
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