110.8600 -2.63 (-2.32%)
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Shankara Building Products Ltd.
15 Nov 2018, 12:00AM
110.86
-2.32%
ICICI Securities Limited
Shankara reported a weak set of Q2FY19 numbers The topline grew 12.6% YoY to | 643.9 crore on account of 25.8% YoY growth in retail division revenues to | 343.3 crore in Q2FY19 EBITDA margin contracted 235 bps YoY to 4.8% mainly due to a sharp contraction in EBIT margins of channel & enterprise division (1.7% EBIT margin in Q2FY19 vs. 5.5% in Q2FY18). However, EBIT margin for retail division was at 9.7% in Q2FY19 vs. 10.5% in Q2FY18 The bottomline de-grew 47.2% YoY to | 9.1 crore mainly on account...
Shankara Building Products Ltd. is trading below all available SMAs
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