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HEG Ltd.
02 Aug 2018
579.70
-0.66%
ICICI Securities Limited
HEG reported a stellar performance wherein profitability was above our estimates. The company reported a capacity utilisation of 82% (vs. our estimate of 85%). Topline came in at | 1587 crore (up 673% YoY, 23% QoQ) in line with our estimate of | 1537.7 crore Raw material cost as a percentage of sales came in at 13% (vs. our estimate of 20.4%, Q4FY18: 11.3%). The resultant gross margin was at 87.0% (vs. our estimate of 79.6%, Q4FY18: 88.7%) EBITDA came in at a robust | 1188 crore vs. our estimate of | 1025.1...
HEG Ltd. has gained 30.84% in the last 1 Year
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