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SML Isuzu Ltd - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On SML Isuzu Ltd - 4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, SML Isuzu Ltd (SIL) reported revenue of ~Rs258cr (down ~5% YoY) on back of decrease in volume growth. During the quarter, on the EBITDA front, the company reported a loss of Rs5cr against a profit of Rs9cr in 4QFY20. On the bottom-line front, the company has reported loss of Rs20cr in 4QFY21 against loss of Rs2cr in 4QFY20 on back of higher depreciation and interest cost. Overall 4Q results were below expectation. Hence, we are neutral on stock.
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