ICICI Securities Ltd | Retail Equity Research Bodal Chemicals (Bodal) reported a muted Q4FY18 performance on the back of softer blended realisation compared to base quarter. Net sales for the quarter were at | 282.4 crore, down 2.8% YoY EBITDA in Q4FY18 came in at | 46.7 crore with corresponding EBITDA margins at 16.5% (down 220 bps YoY). Lower margins were a result of higher overheads incurred in FY18 due to execution of major expansion projects and were not operational in nature...