Gabriel India - 4QFY21 - Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Gabriel India - 4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
For 4QFY21, Gabriel India Ltd (GIL)’s top-line grew by ~37% to ~Rs581cr on back of overall improvement in volume. On the EBITDA front, the company has reported Rs49cr and EBITDA margin at 8.5% (up by 70bps yoy). EBITDA margin has increased due to lower cost. On the bottom-line front, PAT grew by ~8.5% to Rs29cr due to higher interest cost & Taxes. Currently we are neutral on stock.
Above views are of the author and not of the website kindly read disclaimer
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