Tata Metaliks Ltd.

NSE: TATAMETALI | BSE: 513434 | ISIN: INE056C01010 | Industry: Iron & Steel/Interm.Products
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Tata Metaliks Ltd.
16 Jul 2021
ICICI Securities Limited
EBITDA was at of | 154 crore (vs. | 143 crore in Q4FY21, | 10 crore in Q1FY21). EBITDA margin was at 25.5%, up 380 bps QoQ, 2060 bps YoY Ensuing PAT was at | 95 crore (up 26% QoQ) past five years (from ~| 340 in July 2016 to ~| 1265 levels in July 2021). The first phase of DI pipe capacity expansion (of ~1 lakh tonne) is likely to be commissioned in Q4FY22. Second phase is likely to be commissioned in Q4FY23 (of ~1 lakh tonne). Post commissioning of both phases, TML would...
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