Name: Latest research reports of Shree Pushkar Chemicals & Fertilisers Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Shree Pushkar Chemicals & Fertilisers Ltd.
Rating: 5
Author: ICICI Securities Limited

Shree Pushkar Chemicals

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ICICI Securities Limited

EBITDA in Q2FY19 came in at | 19.4 crore (up 11.5% YoY), with corresponding EBITDA margins at 16.8% Margins came in slightly muted against our expectation amid an increase in prices of dye intermediates in the recent past PAT in Q2FY19 was at | 12.3 crore, up 18.2% YoY, driven by higher sales & supported by lower effective tax rate, which came in at 27.0% Reducing share of dye intermediates to provide stable margins profile! SPCL is an integrated manufacturer of textile chemicals wherein the...