1259.1000 19.30 (1.56%)
NSE Jul 04, 2025 13:51 PM
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GMM Pfaudler Ltd.
03 Jun 2019, 12:00AM
1259.10
1.56%
BP Wealth
GMM Pfaudler Ltd (GMM), for Q4FY19, reported a decent set of numbers. Revenue grew at 37.4% YoY to INR 1,207mn (est INR 1,155mn). EBITDA showed growth of 17.9% YoY to INR170mn (est INR191mn) with 231bps YoY contraction in margin from 16.4% in Q4FY18 to 14.1% in Q4FY19, due to adverse product mix mainly led by Heavy engineering business ,which grew by 116% YoY with only 2.1% EBIT margin compared to 15.2% in Q4FY18. As per the management, the decline in margin was due to a single large order taken by the company for strategic reasons and is expected not to repeat going forward. Net profit surged by 27.9% to INR 108mn (est. INR112mn) due to operationally weak performance and lower tax expense (33.5% vs 39.7%). During the quarter, export share in revenue remained at 10%. Most of the export orders were mainly lead by Pfaudler Inc( Parent) network. Capacity Expansion in Glass lined Equipment business to tap increasing demand...
GMM Pfaudler Ltd. is trading above all available SMAs
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