Camlin Fine Sciences Ltd.

NSE: CAMLINFINE | BSE: 532834 | ISIN: INE052I01032 | Industry: Specialty Chemicals
| Expensive Star
296.6900 -5.47 (-1.81%)
NSE Jun 19, 2025 15:31 PM
Volume: 777.6K
 

296.69
-1.81%
Phillip Capital
Key highlights: Consolidated sales (Rs 1.4bn, +14% yoy) were 4% above our estimates. EBITDA margin saw sharp correction to 11.2% (vs. estimated 21.2%) on account of – (1) production disruption in Italy subsidiary for a month period (for implementing efficient technology with target to conserve energy and reduce wastage) and initial marketing spend to launch antioxidant blends in USA. Thus, the EBITDA declined 45% yoy to Rs 157mn. The weak operating performance and higher taxes dragged PAT by 78% yoy to Rs 31mn (estimated Rs 116mn). The weak operating performance was primarily due to quarter specific execution issues at subsidiaries. The standalone financials reported 3% sales growth (to Rs 1.02bn) coupled with 160bps expansion in EBITDA margin (to 17.5%), resulting in 18% yoy growth in profits to Rs 65mn (despite higher tax incidence of 36%). Phillip Capital retain their Buy rating with an unchanged TP of Rs 135 (9x FY18 EV/EBITDA).
Number of FII/FPI investors increased from 35 to 49 in Mar 2025 qtr.
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