Name: Latest research reports of Simplex Infrastructures Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Simplex Infrastructures Ltd.
Rating: 5
Author: ICICI Securities Limited

Simplex Infrastructure

Buy: Simplex Infrastructures Ltd.

Target

ICICI Securities Limited

The EBITDA margin expanded robustly 160 bps YoY to 13.1% and was above our estimate of 12.5% PAT grew robustly by 68.9% YoY to | 31.1 crore (our estimate: | 36.3 crore) led by strong EBITDA margin expansion and lower effective tax rate (22.5% in Q3FY18 vs. 34.9% in Q3FY17) Orderbook at | 17653 crore, 3.1x of TTM revenues SIL has received strong order inflows worth ~| 1734 crore in Q3FY18, taking its order book to ~| 17653 crore, 3.1x order book to bill ratio on a...