HEG Ltd. share price target

EBITDA came in at | 23.4 crore. The resultant EBITDA margin was at 11.4% (Q1FY17: 1.9%, Q4FY17: 11.5%) The company has trimmed down PAT level losses from | 28.9 crore in Q1FY17 to | 8.4 crore in Q1FY18 We expect the performance to improve from H2FY18E, as benefits of...

HEG's Q4FY17 results came in below our estimates. Topline for the quarter came in at | 257.8 crore (up 45.4% YoY, 9% QoQ and below our estimate of | 309.4 crore). Capacity utilisation during the quarter came in at ~80% (our estimate: 85%) EBITDA came in at | 29.6 crore, lower than our estimate of | 54.5 crore. The resultant EBITDA margin came in at 11.5% (our estimate of 17.6%, Q3FY17: 12.3%, Q4FY16: 5.2%) At the PAT level, the company reported a loss to the tune of | 3.9...

HEG's Q3FY17 performance was better-than-our estimates. Topline (adjusted for excise) for the quarter came in at | 236.6 crore (up 24.5% QoQ, 32.5% YoY and higher than our estimate of | 221.5 crore). Capacity utilisation at ~75% came in line with our estimate EBITDA came in at | 29.2 crore, higher than our estimate of | 22.8...

Topline for the quarter came in at | 190.1 crore (up 16.5% QoQ, down 23.7% YoY and higher than our estimate of | 181.3 crore). The capacity utilisation came in at 65%, higher than our estimate of ~55% EBITDA came in at | 18.7 crore, significantly higher than our estimate of | 5.3 crore primarily on account of lower operating costs. The corresponding EBITDA margin came in at 9.8% (our estimate of 3.0%, Q1FY17: 3.2% and Q2FY16: 22.3%) At the PAT level, the company reported a loss to the tune of | 13.5...

ICICI Securities Ltd | Retail Equity Research HEG reported a subdued set of Q1FY17 numbers wherein the topline, EBITDA and PAT came in notably lower than our estimates The topline for the quarter came in at | 163.2 crore (down 32.5% YoY and lower than our estimate of | 224.9 crore) EBITDA came in at | 3.2 crore (down 88.1% YoY and below our estimate of | 21.4 crore). The EBITDA margin came in at 1.9%, lower than our estimate of 9.5% (EBITDA margin of 9.3% in Q1FY16)...

ICICI Securities Ltd | Retail Equity Research HEG reported a disappointing set of numbers wherein the topline and EBITDA came in below our estimates. Subsequently, on account...