First Cut - Ambuja Cement
RAJESH DESAI
Dear Sir/Madam,
Ambuja Cement Ltd. announced its Q3 FY13 results on 18th October 2012. The company’s Standalone Net sales increased by 20% on YoY basis but decline by 16% on QoQ. EBITDA increased by 99% on YoY but decline by 17% on QoQ basis. EBITDA Margin of the company decreased from 28.53% to 27.91% on QoQ. Standalone PAT increased by 77% on YoY but decline by 35% on QoQ basis.
Particulars | Consensus Est |
Actual |
Var (%) |
|
Revenues |
2188 |
2,175 |
-0.6% |
|
EBITDA |
607 |
466 |
-23.2% |
|
PAT |
336 |
304 |
-9.4% |
|
Ajd.EPS |
2.10 |
1.97 |
-6.2% |
STANDALONE |
|
|
|
|
|
|
DESCRIPTION |
September-12 |
September-11 |
June-12 |
YoY Change(%) |
QoQ Change(%) |
|
Total Income |
2,175 |
1820 |
2,579 |
20 |
-16 |
|
Total Expenditure |
1,568 |
1514 |
1,844 |
4 |
-15 |
|
EBITDA |
607 |
305 |
736 |
99 |
-17 |
|
EBITDA margins |
27.91% |
16.79% |
28.53% |
|
|
|
Other Income |
89 |
72 |
78 |
|
|
|
Operating Profit |
697 |
377 |
813 |
|
|
|
Interest |
17 |
14 |
18 |
|
|
|
Exceptional Items |
0 |
0 |
0 |
|
|
|
PBDT |
680 |
363 |
795 |
|
|
|
Depreciation |
223 |
108 |
122 |
|
|
|
PBT |
457 |
255 |
674 |
|
|
|
Tax |
154 |
83 |
205 |
|
|
|
Profit After Tax |
304 |
171 |
469 |
77 |
-35 |
|
PAT margins |
13.97% |
9.42% |
18.18% |
|
|
|
Equity Capital |
307.99 |
307.63 |
307.63 |
|
|
|
Face Value(InRs) |
2.00 |
2.00 |
2.00 |
|
|
|
EPS |
1.97 |
1.12 |
3.05 |
76 |
-35 |
|
Figures in INR Crore.EPS represents Ajd EPS | |||||
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai