Uflex Ltd's Q4FY18 consolidated net profit declines 28% yoy to Rs71.13cr

The company’s consolidated revenue stood at Rs1,809.83cr, up 11.75% yoy and 8.09% qoq.

May 29, 2018 03:05 IST India Infoline Research Team

Uflex Ltd Q4FY18

Consolidated Results Q4FY18: (Rs. in cr)

Q4FY18 YoY (%)
Revenue 1,809.83 11.8
EBITDA 223.46 2.2
EBITDA Margin (%) 12.3 [116]
Net Profit (reported) 71.13 [27.6]
***EBITDA margin change is bps
View

Buy

Reco. Price

314.2

Last updated on

11-May-2018



Uflex Limited (Uflex) reported consolidated revenue of Rs1,810cr for Q4FY18, growth of 12% yoy. EBITDA was 2% yoy higher at Rs223cr. While the company was able to tame operating and employee expenses, raw material expenses were up 19% yoy. EBITDA margin contracted 116bps yoy to 12.3%. Reported PAT was 28% yoy lower at Rs71cr.

Other Highlights

  • The board of Directors declared dividend of Rs2/- per equity share for FY18.
  • Production and sales volume for FY18 were up 8.5% and 8.6% yoy respectively. While films segment volumes were up 8% yoy in FY18, packaging segment volumes were up 12% yoy.


Technical View:

Uflex Ltd is currently trading at Rs. 300.50, up by 14.05 points or 4.9% from its previous closing of Rs. 286.45 on the BSE.
The scrip opened at Rs. 290 and has touched a high and low of Rs. 302.55 and Rs. 290 respectively. So far 56,122 (NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200 DMA.

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