MENU

Published on 13/05/2021 1:59:45 PM | Source: Angel Broking Ltd

Orient Electric - 4QFY21 - Result Update by Mr. Amarjeet Maurya, Angel Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Below are Views On Orient Electric - 4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

During the 4QFY21, Orient Electric Ltd (OEL) reported revenue of ~Rs802cr (up 42% YoY) on back of strong growth in the both consumer segment (up ~42%) & lighting segment (up ~44%). On the EBITDA front, the company has reported Rs97cr and EBITDA margin at 12.1%, which is up by 85bps yoy due to control on expenses coupled with higher scale enabled better operating leverage. On the bottom-line front, PAT grew by ~75% to Rs63cr on the back of strong sales growth and operating performance. Hence, we are positive on stock.

 

Above views are of the author and not of the website kindly read disclaimer

betvakti elexusbet gorabet maksibet maltcasino milosbet quennbet setrabet atlantisbahis artoscasino dumanbet elitbahis fashionbet favoribahis hiltonbet liderbahis oslobet romabet vegabet yorkbet kalebet bet10bet bahislion bahislion bahislion betpark dakikbet dumanbet fenomenbet holiganbet kalebet kolaybet lordbahis olabahis onwin piabet pusulabet süper10bet vipbahis supertotobet mariobet bahigo bahis siteleri güvenilir bahis siteleri kaçak bahis siteleri betist 1xbet asyabahis betebet betgaranti betlike betvole ligobet pinbahis polobet verabet